“For more than 30 years, Habitat for Humanity International and Wells Fargo have worked together to increase housing affordability and helping to build more prosperous communities around the world. Today, Wells Fargo is donating $4.6 million through the 2025 Wells Fargo Builds program to support new home construction, renovation and repair to benefit more than 200 families in more than 130 communities across the US,” says the very large American bank in a press release.
“Wells Fargo Builds, a collaboration between the Wells Fargo Foundation and Habitat, provides philanthropic financial support for the construction, renovation and repair of homes with low-to-moderate income households. Wells Fargo Foundation’s funding also helps Habitat build systems that advance housing equity for all people and address policies that have prevented access to safe and affordable housing. Since 2020, Habitat has recorded that more than 8,400 Wells Fargo employees have contributed 45,000 volunteer hours. Through their combined efforts, Habitat and Wells Fargo have been able to serve nearly 1,900 families and positively impact the lives of 6,000 individuals,” the beaming press release continued and damn. Really not sure what to add here.
Like they had to include those numbers of “positively impacted lives”? AND their charitable endeavor is to put roofs over the heads of the unfortunate? Not for nothing but it just miiiiiiight have been a little more prudent to donate to pediatric cancer patients or whatever other cause that’s far enough afield from their industry that no eyebrows get raised. That way nobody’s tempted do the math already assuming “Okay so Wells Fargo, through their partnership with Habitat for Humanity, helped house X number of families down on their luck which offsets Y fraction of a percent of families down on their luck unhoused by Wells Fargo’s regular course of day-to-day business practices.”
The solution’s probably about as red as their balance sheet was around this week 17 years ago.