Wells Fargo Generously Sponsors Statewide Financial Literacy Grants Program

ORLANDO, Fla. - Aug. 11, 2016 - PRLog -- Eight programs across the state of Florida have been awarded a one-year grant, of $5,000, for the implementation of a financial literacy program to benefit their Adult Education, ESOL, and family literacy students.

Congratulations to the following organizations:

·         Adult Literacy League

·         Broward Community Schools

·         DeSoto County Education Foundation

·         El Sol Jupiter's Neighborhood Resource Center

·         Lake Worth West Resident Planning Group

·         Learn to Read St. Lucie County

·         Learn to Read, Inc.

·         Sarasota YMCA

These mini-grants, awarded by Wells Fargo and the Florida Literacy Coalition (FLC), will integrate financial education into the programs' literacy and math curriculum, promoting a contextualized approach to learning. More than 1,300 students have been served in the past two years though this grant program.  "Wells Fargo is truly committed to supporting financial education and strengthening local communities. It is our privilege to be working with them on this statewide effort." said Greg Smith, Executive Director of FLC.

Financial education promotes stability for individuals and their families. The more people know about credit, banking services, taxes and basic money management, the more likely they are to increase savings, buy homes, save for education and improve their financial well-being. People with a low level of education often also have low numeracy and financial literacy skills. Basic financial skills education can be critical to helping individuals manage their money and protect themselves from predatory practices.

"For Wells Fargo and for me, personally, it's especially rewarding to be helping our local community with financial education," said Ann Aniakudo, Wells Fargo Marketing Administration Leader, VP.  "It's part of our Vision & Values, and something we are committed to seeing through every day – helping our customers and our communities succeed financially."

The program also supports a special conference track on financial literacy and other training opportunities for teachers, tutors and administrators. The streamlined integration of literacy instruction and financial education promotes contextualized learning; an approach that helps people develop basic skills while acquiring information to make informed choices regarding their personal finances.

About the Florida Literacy Coalition

Established in 1985, The Florida Literacy Coalition (FLC) promotes, supports and advocates for the effective delivery of quality adult and family literacy services in the state of Florida. As a statewide umbrella literacy organization and the host of Florida's Adult and Family Literacy Resource Center, FLC provides a range of services to support more than 300 adult education, literacy and family literacy providers. Special emphasis is placed on assisting community based literacy organizations with their training and program development needs. More information about FLC can be found at www.floridaliteracy.org or by calling (407) 246-7110.

About Wells Fargo

Wells Fargo & Company (WFC) is a diversified, community-based financial services company with $1.8 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through 8,800 locations, 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 36 countries to support customers who conduct business in the global economy. With approximately 269,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 30 on Fortune's 2015 rankings of America's largest corporations. Wells Fargo's vision is to satisfy our customers' financial needs and help them succeed financially. Wells Fargo perspectives are also available at Wells Fargo Blogs and Wells Fargo Stories.