Wells Fargo Supports Disaster Recovery With $2 million Grant to Team Rubicon
November 19 2024 - 12:10PM
Business Wire
Veteran-led humanitarian organization to continue hurricane
relief in the Southeast and will deploy expertise when other
disasters hit
The Wells Fargo Foundation is donating $2 million to Team
Rubicon over the next two years to support lasting disaster relief,
including most recently in the hard-hit Southeastern United States.
This funding will enable thousands of volunteers, including
military veterans, first responders and civilians to deploy quickly
and for extended periods of time, providing critical support to
communities as they rebuild.
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New grant from Wells Fargo will help
veteran-led Team Rubicon continue to clear debris and help
communities recover from natural disasters, including active
efforts underway in Western North Carolina and Florida. (Photo:
Wells Fargo)
The veteran‑led humanitarian organization Team Rubicon serves
communities impacted before, during, and after disasters and
crises. Since inception in 2010, Team Rubicon says it has launched
over 1,200 operations across the globe. So far in 2024 alone, the
organization has served over 2.9 million individuals.
Most recently, in Western North Carolina, Team Rubicon Greyshirt
volunteers are mucking out more than 150 rooms at the Asheville
Buncombe Community Christian Ministry’s Veterans Restoration
Quarters, a converted motel providing housing for 250 vulnerable
veterans. Volunteers are clearing debris from this facility, using
tools from shovels to heavy equipment, allowing the facility to be
rebuilt.
“Wells Fargo salutes Team Rubicon’s year-round disaster
resiliency, relief and recovery work,” said Anna Bard, head of
disaster relief philanthropy, employee giving and volunteerism at
Wells Fargo. “Team Rubicon arrives in the moments after a disaster,
taking on some of the hardest, dirtiest jobs. They work
hand-in-hand with local agencies, going where they’re most needed
and staying to help communities heal and rebuild. The level of
skill and dedication this veteran-led organization brings to a
challenge is inspiring, even drawing in our own employees who
volunteer alongside them.”
The $2 million in grant funding from Wells Fargo will go towards
Team Rubicon’s Ready Reserve Fund. Team Rubicon leans into its
Ready Reserve Fund to prepare for disasters and to conduct
trainings for Greyshirts, its cadre of fearless volunteers.
“In times of crisis, our Greyshirts are the backbone of our
response efforts, providing crucial support to communities,” said
Art delaCruz, CEO of Team Rubicon. “The Ready Reserve Fund allows
us to be ready instantly. With forward funding from partners like
Wells Fargo, we pre-stage resources and assist survivors within
hours of hurricanes like Helene and Milton. The fund also enables
us to train before the storms, ensuring we can deploy skilled
volunteers.”
In 2023, Wells Fargo announced $1.7 million in support of Team
Rubicon, including support for its Team Rubicon TRades Academy
designed to address the need for credentialed contractors in
communities nationwide, especially after natural disasters. This
effort is aimed at offering veterans a meaningful path to
employment while also helping people repair one of their most
valuable assets – their home.
For more information on Team Rubicon, or to join the mission,
visit TeamRubiconUSA.org.
About Team Rubicon
Team Rubicon is a veteran led humanitarian organization that
serves global communities before, during, and after disasters and
crises. Founded following the Haiti earthquake in 2010, the
organization has grown to more than 180,000 volunteers across the
United States and has launched more than 1,200 operations
domestically and internationally. To drive equity across disaster
and humanitarian services, Team Rubicon focuses on three areas of
impact: disaster services – from mitigation to immediate response
to recovery; rebuild services – maintaining the fabric of
communities through resilient building methods; and international
services – providing emergent and surge medical services, WASH, and
disaster risk reduction. The organization is featured in the Roku
original series titled “Team Rubicon,” which highlights the work of
Greyshirt volunteers assisting communities across the country. Go
to http://www.teamrubiconusa.org for more information.
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a leading financial
services company that has approximately $1.9 trillion in assets. We
provide a diversified set of banking, investment and mortgage
products and services, as well as consumer and commercial finance,
through our four reportable operating segments: Consumer Banking
and Lending, Commercial Banking, Corporate and Investment Banking,
and Wealth & Investment Management. Wells Fargo ranked No. 34
on Fortune’s 2024 rankings of America’s largest corporations. In
the communities we serve, the company focuses its social impact on
building a sustainable, inclusive future for all by supporting
housing affordability, small business growth, financial health, and
a low-carbon economy. News, insights, and perspectives from Wells
Fargo are also available at Wells Fargo Stories.
Additional information may be found at www.wellsfargo.com
LinkedIn: https://www.linkedin.com/company/wellsfargo
News Release Category: WF-PESG
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Media Kim Erlichson Wells Fargo
Kim.erlichson@wellsfargo.com
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