Money Moves: Wells Fargo Regional Foundations Transfer $100M in Charitable Assets to ...


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Wells Fargo Regional Foundation and CDC transfer programs and $100 million in assets to Philadelphia Foundation.

The new Regional Foundation, a public charity, will retain the originating foundations' commitment to improving the quality of life for those living in low-income communities.

The orginating foundationss geographic focus Pennsylvania, New Jersey and Delaware where 800 grants totaling more than $ 100 million have been awarded since 1998.

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