Volunteers from Wells Fargo & Co., delivered more than 50,000 coats to students in 11 schools across Chicago. This is the eighth consecutive year the bank has participated in the donation program. Wells Fargo’s Coats for Kids campaign raised nearly $180,000 from employee donations, company contributions, and private matching grants to buy 10,000 jackets. Wells Fargo employees in Chicago have raised nearly $1 million since the local program launched in 2009.
Each year, Wells Fargo collaborates with Operation Warm, one of the nation’s largest nonprofit providers of new coats to children in need. The organization uses the funds raised by Wells Fargo to provide a majority of the high-quality outerwear to the schools, and more than 150 Wells Fargo volunteers distribute the gear before Thanksgiving. Wells Fargo contributed 2,500 of the coats to low-income city children at a Chicago Housing Authority event on Oct. 27 and will help fund 2,750 additional coats for children served by Children’s Home + Aid and Rainbow Push Coalition in December.
In addition, Wells Fargo employees in Rockford, Ill., raised $9,000 to provide 380 coats for area