Wells Fargo Announces $243,500 Grant to SC Technical College System
October 28, 2014
15 technical colleges across the state receive grants to support various programs
CHARLESTON, SC – Wells Fargo & Company (NYSE: WFC) announced today that it presented the SC Technical College System with a $243,500 grant. The grants will support workforce development training programs, community development work and scholarships at 15 technical colleges throughout the state.
Locally, Trident Technical College received $30,000 in support of its workforce development programs that lead to in-demand jobs in health care, manufacturing, industrial and construction. The college also received a $10,000 grant to sustain the Wells Fargo Endowed Scholarship Fund, which was established in 2012 and assists students enrolled in any program of study. The Technical College of the Lowcountry also received $7,500 in support of its workforce development program in advanced manufacturing.
“Wells Fargo is proud to support the SC Technical College System and the numerous technical colleges throughout the state,” said Len Hutchison, Lowcountry Business Banking manager and Charleston market president. “We share the belief that supporting education is one of the most important investments we can make in our nation’s future. We know the returns on an investment in a great education far exceed those from the best mutual funds.”
Photo: Wells Fargo Midlands Market President Holt Chetwood, Chair of the State Board for Technical and Comprehensive Education Nick Odom, President of the SC Technical College System Dr. Jimmie Williamson and Wells Fargo S.C. Community Affairs Representative Susan Bankson.
“Serving more than a quarter million South Carolinians each year, the SC Technical College System is dedicated to increasing the employability of our state’s citizens by providing in-demand skills for high-demand jobs,” said Dr. James C. Williamson, president of the SC Technical College System. “Support from corporate and community partners is critical to successfully meet our state’s workforce needs. This considerable contribution by Wells Fargo demonstrates their commitment to education in South Carolina and will provide much-appreciated support for our colleges and the students we serve.”
“Wells Fargo is pleased to partner with Trident Technical College and the Technical College of the Lowcountry to provide support to their programs and scholarships,” said Rob Norvelle, Community Banking area president for the Coastal market. “Every student deserves a quality education, and programs and scholarships like these help make that possible.”
In 2013, Wells Fargo invested $3.4 million in nonprofit organizations and schools in South Carolina. In addition, Wells Fargo team members in the Palmetto State logged more than 29,200 volunteer hours last year.
About SC Technical College System
The SC Technical System is committed to helping increase the employability of all South Carolinians by ensuring they are fully prepared for the careers of today – and tomorrow. As the largest higher education system in the state, the System provides its 114,000 credit students and 128,000 continuing education students with a comprehensive education and a fast track to a rewarding career. In addition, the System’s nationally-recognized affiliate programs, designed to train or re-train employees so that companies new to South Carolina and existing businesses alike can continue to prosper and grow, help spur job growth and economic development opportunities across the state. The SC Technical College System is not only preparing students of all ages for real work today, but also demonstrating a commitment to increasing the employability of all South Carolinians and ultimately enhancing the quality of life for all.
About Trident Technical College
Trident Technical College is a public, two-year, multi-campus community college that provides quality education and promotes economic development in Berkeley, Charleston and Dorchester counties. An open-door institution of higher education, the college serves approximately 17,000 traditional and nontraditional curriculum students who have a wide variety of educational goals, from personal enrichment to career development to university transfer. To help students meet their goals, TTC offers university transfer associate degrees and applied technical associate degrees, diplomas and certificates. The curriculum includes programs in arts and sciences, agriculture, business, computer technology, engineering technology, health sciences, industrial technology, and public service. TTC students draw on knowledge from a broad range of disciplines to develop the communication and critical thinking skills that are fundamental to lifelong learning.
About the Technical College of the Lowcountry
The Technical College of the Lowcountry traces its origin to the Mather School founded in 1868. The college is a comprehensive, public, two-year college dedicated to serving the diverse educational needs of the rural counties of Beaufort, Colleton, Hampton, and Jasper. The College annually serves approximately 10,000 credit and continuing education students, a mix of traditional, non-traditional, full-time, and part-time.
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a nationwide, diversified, community-based financial services company with $1.6 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 9,000 locations, 12,500 ATMs, and the internet (wellsfargo.com), and has offices in 36 countries to support customers who conduct business in the global economy. With approximately 265,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 29 on Fortune’s 2014 rankings of America’s largest corporations. In 2013, the Company invested $275.5 million in grants to 18,500 nonprofits, and team members contributed more than 1.69 million volunteer hours around the country. Wells Fargo’s vision is to satisfy all our customers’ financial needs and help them succeed financially. Wells Fargo perspectives and stories are also available at blogs.wellsfargo.com and at wellsfargo.com/stories.
