Community Care Grants Program Guidelines
Community Care Grants
Program Guidelines
The Program At Wells Fargo, we understand the importance and impact of our team members supporting the communities where we live and work. The Community Care Grants program recognizes the many ways our team members live out this support by rewarding time volunteering, internal leadership that benefits Team Member Networks, Green Teams and Volunteer Chapters; external leadership as nonprofit board service; and financial giving during the annual Community Support Campaign. The Community Care Grants program offers team members the ability to qualify for up to $2,000 in Community Care Grants each year. Once qualified, team members can direct Community Care Grants to more than 100,000 eligible charities.
Eligible participants All active regular, part-time, or flexible team members of Wells Fargo (or any of its subsidiaries), including those in the Short-Term Assignment Resources (STAR) program, are eligible to participate in the Community Care Grants program. This includes team members outside the U.S. although certain pay types may be limited with financial giving during the Community Support Campaign.
Ineligible participants Wells Fargo board members, retirees, and team members who are on an active leave of absence are not eligible to participate in the Community Care Grants program. Team members are encouraged to direct their Community Care Grants before entering a leave of absence, as they may expire during a leave and will not be eligible for reinstatement.
Eligible charitable organizations ? All accredited educational institutions, Parent Teacher Agencies (PTAs)/Parent Teacher Organizations (PTOs),
Booster Clubs, and Scholarship Programs that were previously eligible under the Educational Matching Gifts program through 2018. ? All IRS-designated 501(c)(3) charitable organizations that were funded by the Wells Fargo Foundation from 2017 ? 2018. ? Any organization outside of the U.S. that has been determined to be the equivalent of a U.S. 501(c)(3) charitable organization and has been approved by the Wells Fargo Foundation since 2015.
Note: In the inaugural year of the Community Care Grants Program, charities will not be added to the list of eligible charities. This list will include more than 100,000 charities, including many outside the U.S.
Qualifying Team Member Actions The following is a list of all team member actions that may qualify a team member to receive Community Care Grants up to a maximum of $2000 per calendar year: ? Record qualifying volunteer hours in My Volunteer Time, within the Community Care Portal (hours must be
recorded for an organization within the Community Care Portal database; "write-in" organizations are not eligible) ?? Volunteer hours qualify at the following cumulative thresholds:
? First time recording completed hours for the year | $50 ? 16 total hours completed and recorded for the year | $100 ? 50 total hours completed and recorded for the year | $150 ? Each additional 50 hours completed and recorded for the year | $150 ? Perform leadership responsibilities in support of a Wells Fargo Team Member Network, Green Team, and/or Volunteer Chapter or be nominated and named a Diversity & Inclusion Champion, Sustainability Award winner, or Volunteer of the Year | $500 per service or award ? Serve on the governing board of an eligible 501(c)3 charitable organization (the governing board is that which holds the legal responsibility for the organization) or international equivalent. Team members are responsible for reporting their board leadership in the Community Care Portal on an annual basis, and the service must be
with a charity within the Community Care Portal database; "write-in" organizations are not eligible | $500 per board service ? Give through a credit card donation of $25 or more made in the Community Care Portal during the annual Community Support Campaign | $1:1 up to $2,000 ? Give through a one-time payroll pledge of $25 or more made in the Community Care Portal during the annual Community Support Campaign | $1:1 up to $2,000 ? Give through ongoing payroll pledging of $26 or more made in the Community Care Portal during the annual Community Support Campaign | $1:1 up to $2,000
Ineligible Team Member Actions In order to qualify for a Community Care Grant, a team member must complete a qualifying action within the calendar year and have not met the annual Community Care Grant maximum of $2,000. Community Care Grants will not be issued for any qualifying action that took place in a preceding year or any qualifying action that will take place in a future year.
Community Care Grant Issuance The issuance of a Community Care Grant may occur at any time throughout the calendar year and is determined by the team member action that qualified for the Community Care Grant. Community Care Grants are issued to team members who complete the qualifying action and cannot be transferred to another team member.
I Serve ? Volunteerism Community Care Grants that are qualified for through the recording of volunteer hours in My Volunteer Time within the Community Care Portal, are issued to team members immediately. (Hours must be recorded for an organization within the Community Care Portal database; "write-in" organizations are not eligible.)
Community Care Grants that are qualified for through performing leadership responsibilities in support of a Wells Fargo Team Member Network, Green Team, and/or Volunteer Chapter or being nominated and named a Diversity & Inclusion Champion, Sustainability Award winner, or Volunteer of the Year are issued in the first quarter of the following year in which the service or award was completed.
Community Care Grants that are qualified for through serving on the governing board of an eligible 501(c)3 charitable organization (the governing board is that which holds the legal responsibility for the organization) or international equivalent are issued in the first quarter of the following year in which the service was completed. The service must be with an organization within the Community Care Portal database; "write-in" organizations are not eligible)
I Give ? Community Support Campaign Community Care Grants that are qualified for through a credit card donation made in the Community Care Portal during the annual Community Support Campaign are issued within 60 days following the disbursement of the team member's gift being sent to the designated charity.
Community Care Grants that are qualified for through the completion of a one-time payroll pledge in the Community Care Portal during the annual Community Support Campaign are issued within 60 days following the disbursement of the team member's payroll contribution being sent to the designated charity.
Community Care Grants that are qualified for through the contributions made via ongoing payroll pledge in the Community Care Portal during the annual Community Support Campaign are issued on a quarterly basis. Issuance will occur within 60 days following the disbursement of the team member's payroll contributions being sent to the designated charity. Team member's payroll funds are sent on a quarterly basis during the year in April, July, October, and January.
Community Care Grant Expiration & Direction Every Community Care Grant that a team member has qualified for and been issued is assigned an expiration date. The expiration date of a Community Care Grant is determined by the team member action that qualified for the Community Care Grant. All Community Care Grants must be directed by their individual expiration dates. Community Care Grants that are not directed by their expiration date cannot be rolled over or reinstated and are considered forfeited by the team member and will not be disbursed to your chosen charity.
Community Care Grants that a team member qualifies for through: ? The recording of volunteer hours served with an organization in the Community Care Portal database ? Performing leadership responsibilities in support of a Wells Fargo Team Member Network, Green Team, and/
or Volunteer Chapter or being nominated and named a Diversity & Inclusion Champion, Sustainability Award winner, or Volunteer of the Year ? Serving on the governing board of an eligible 501(c)3 charitable organization or international equivalent ? Giving by credit card gift in the Community Care Portal during the annual Community Support Campaign ? Giving by one-time payroll deduction
Expire at the end of the year in which they were issued.
Community Care Grants that a team member qualifies for through ongoing payroll deduction expire 90 days from the date of issuance.
Wells Fargo reserves the right to approve or decline the issuance of any Community Care Grant and to alter program rules, as necessary, without prior notice.
Community Care Grant Processing Community Care Grant disbursements are processed monthly. Individual Community Care Grant disbursement timing is dependent on when a team member directs a Community Care Grant. Funds will not be disbursed to your selected charity until you direct your Community Care Grant. Grant funds will be disbursed to the designated charity within 4 to 6 weeks from the date the team member directs the grant.
In order for a designated charity to accept Community Care Grant funds, they must be willing to answer, "No," to the following nondiscrimination statement:
Does your organization discriminate on the basis of race, ethnicity, color, gender, national origin, age, sexual orientation, gender identity, genetic information, physical or mental disability, pregnancy, marital status, status as a protected veteran, or any other status protected by federal state or local law?
If a designated charity is unable to answer, "No," to this nondiscrimination statement, the Community Care Grant Funds will need to be returned and the team member will be presented with an opportunity to direct the funds to another grant-eligible charity.
Team members must be active at the time of the Community Care Grant direction.
Community Care Grants are paid at the discretion of the Wells Fargo Foundation, which is the owner of the grant funds. Team members have the opportunity to direct Wells Fargo Foundation dollars to eligible organizations. Terms such as "benefits," "redeem," and "incentive" do not imply team member ownership of the funds.
Wells Fargo reserves the right to approve or decline the disbursement of any Community Care Grant.
Terms & Definitions Community Care Grant: A Community Care Grant is a dollar amount provided by the Wells Fargo Foundation that team members qualify for through serving (volunteering, leading efforts for a Green Team, Team Member Network, or Volunteer Chapter as an officer or being nominated for leadership activities in support of these groups; or serving on the board of a nonprofit), and/or financial giving through the annual Community Support Campaign. Once issued
? 2019 Wells Fargo Bank, N.A. All rights reserved. Member FDIC. IHA-4816881
to a team member, a Community Care Grant can be directed to an eligible charity.
Community Care Portal: The third-party platform where team members can record their volunteer hours, find volunteer opportunities, connect with a Volunteer Chapter, record nonprofit board service, give during the annual Community Support Campaign, record offline gifts, qualify for and direct Community Care Grants, and review their financial giving history.
My Volunteer Time is a component of the Community Care Portal.
Direct: The process through which a team member selects an eligible charity to receive Community Care Grant funds that have been issued as a result of their qualifying action(s).
Disburse/Disbursement: The process through which funds are sent to a charity designated by a team member.
Expiration Date: The date a Community Care Grant must be directed by team members; all expiration dates can be found in the Community Care Portal.
External Leader/Leadership: Serving on qualifying nonprofit board of an eligible 501(c)3 charitable organization.
Internal Leader/Leadership: Serving as an officer of a Wells Fargo Team Member Network, Green Team, and/or Volunteer Chapter or being nominated as a leader within one of these respective groups.
Issue/Issued/Issuance: When a Community Care Grant is presented to a team member for the sole purpose of directing it to an eligible charity to receive.
Offline Gift: A financial gift that is independently made to a charity by a team member outside of the annual Community Support Campaign; Offline gifts are ineligible to receive a Community Care Grant.
Nonprofit board: A governing board may be called the board of directors or a board of trustees, but it must be the board that has the legal responsibility for the organization. It is the group that is responsible for making sure the organization remains true to its mission, safeguards its assets, and operates in the public interest. Board members are the fiduciaries of the organization's resources and the guardians of its mission.
Qualify: Completing an action that results in the issuance of a Community Care Grant.
Qualifying: Meets internal guidelines, conditions, and/or requirements.
Redeem/Redemption: The action a team member takes in the Community Care Portal to direct Wells Fargo Foundation Community Care Grant dollars to an eligible charity of their choice. The use of this term does not imply team member ownership of Community Care Grant funds.
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