Wells Fargo Regional Foundation Honored by HUD!
Congratulations to the Wells Fargo Regional Foundation from all of us at PolicyMap!
Since the day we launched PolicyMap, the Wells Fargo Foundation has been at the forefront of promoting the use of data in the decision making processes of their grantees. They have been incredible partners to TRF and PolicyMap as we strive to help communities both understand and use good, relevant data in their work. Congratulations on this well-deserved honor from HUD!
WELLS FARGO REGIONAL FOUNDATION HONORED FOR INNOVATIVE HOUSING AND COMMUNITY DEVELOPMENT PARTNERSHIPS
HUD Announces Recipients of Secretary’s Award for Public-Philanthropic Partnerships
San Diego, Calif. — The Wells Fargo Regional Foundation has been recognized by the U.S. Department of Housing and Urban Development (HUD), in partnership with the Council on Foundations, as one of 10 recipients of the Secretary’s Award for Public-Philanthropic Partnerships. The award honors philanthropic funders for their innovative public-philanthropic collaborations designed to address housing and community development challenges.
The awards were announced Wednesday during the Council’s Fall Conference for Community Foundations in San Diego.
“We have always believed in the power of partnerships. The issues we are addressing throughout the state of New Jersey cannot be tackled by any one organization. Together with the Department of Community Affairs, the Housing and Community Development Network of NJ, and the dedicated residents of our communities, we have been able to leverage our expertise and resources to truly move the needle on the critical challenges families are facing every day,” said Denise McGregor Armbrister, Executive Director of the Wells Fargo Regional Foundation.
HUD and the Council on Foundations developed the award to recognize philanthropic organizations for enhancing the quality of life for low-income and moderate-income families. The projects addressed issues concerning housing and neighborhood improvements, education, health and recreation, transportation, arts and culture, public safety, sustainability and economic development. An expert panel selected the ten winners.
The Wells Fargo Regional Foundation’s Neighborhood Grants Program, the New Jersey Department of Community Affairs’ Neighborhood Revitalization Tax Credit Program, and the Housing and Community Development Network of New Jersey, have worked together to create a resident-driven collaborative approach to revitalizing New Jersey’s low-income neighborhoods.
“These awards provide us all a moment to reflect on the good work that foundations are doing to advance communities across the country,” said Vikki Spruill, president and CEO of the Council on Foundations. “I am grateful to HUD and Secretary Donovan for recognizing the many different ways that foundations are thoughtfully responding to the needs of those around them.”
“It’s organizations like these that are doing the heavy lifting to improve neighborhoods, often without much thanks. Today, we say ‘thank you!’” said HUD Secretary Shaun Donovan. “These foundations are teaming up with public and private partners to bring about positive change and lasting solutions that are making a real difference in their communities.
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Wells Fargo Regional Foundation, established in 1998, is a private grant-making body with the primary mission to improve the lives of children and families by supporting the revitalization of neighborhoods located in New Jersey, Delaware, and eastern Pennsylvania. Since its inception, the Foundation has awarded over $71 million in grants to more than 220 nonprofit organizations. For additional information on the Foundation, please visit the website at www.wellsfargo.com/about/regional-foundation
The Council on Foundations (www.cof.org), formed in 1949, is a nonprofit membership association of grantmaking foundations and corporations. Council members include more than 1,700 independent, operating, community, public and company-sponsored foundations, and corporate giving programs in the United States and abroad. The Council’s mission is to provide the opportunity, leadership, and tools philanthropic organizations need to expand, enhance, and sustain their ability to advance the common good.
HUD’s mission is to create strong, sustainable, inclusive communities and quality affordable homes for all. HUD is working to strengthen the housing market to bolster the economy and protect consumers, meet the need for quality affordable rental homes, utilize housing as a platform for improving quality of life, build inclusive and sustainable communities free from discrimination, and transform the way HUD does business. Anyone who believes they have been the victim of discrimination should contact HUD at 800-669-9777 (voice) or 800-927-9275 (TTY). More information about HUD and its programs is available at www.hud.gov and http://espanol.hud.gov. You can also follow HUD on twitter @HUDnews, on Facebook at www.facebook.com/HUD, or sign up for news alerts on HUD’s News Listserv.