Wells Fargo Championship Raises Nearly $800,000 for Wilmington Charities

Since 2003, over $20 million raised by annual PGA TOUR event

For Immediate Release

Charlotte, NC, September 20, 2017

On behalf of Champions for Education, the Wells Fargo Championship announced today donations of nearly $800,000 to numerous charitable organizations in the Wilmington, NC area where this year’s tournament was held at Eagle Point Golf Club.

Champions for Education is the non-profit 501(c)(3) organization that managed and operated the Wells Fargo Championship in Wilmington, NC this year. The annual PGA TOUR event was moved to Eastern North Carolina for one time while the traditional host, Quail Hollow Club in Charlotte, prepared for the 2017 PGA Championship.

The primary beneficiary of this year’s Wells Fargo Championship was The First Tee of Greater Wilmington, which received nearly $300,000 and opened its new facility during tournament week. The tournament also donated over $200,000 to the USO of North Carolina through the Patriot Supporter and Tickets for Troops programs. Donations were also made to numerous other local organizations that assisted with the operation of the tournament, including New Hanover Schools, Wilmington Food Bank, Boy Scouts of Wilmington and various other 501(c)(3) organizations.

“One of our primary goals in Wilmington was to make a positive impact on the community whether it was through charitable contributions and awareness, a positive economic impact or providing a first-class experience for the community this past spring,” Kendall Alley, chairman of the Board of Champions for Education said. “We could not have done this without the help of Wells Fargo, our corporate partners, the members of Eagle Point Golf Club, the devoted fans who poured into the gate all week and the numerous volunteers, who shared their time for these worthy efforts.”

Since the tournament’s inception in 2003, the Wells Fargo Championship has not only helped raise awareness for local and regional charitable organizations within Charlotte, NC and Wilmington, NC, it also has contributed a combined $20 million-plus in both communities.

“We are proud to continue our support for the Wells Fargo Championship,” Thomas Cline, Region Bank President for Wells Fargo said. “We helped bring the tournament to Wilmington this year so we could put a spotlight on Eastern North Carolina. As a company, we are focused on helping build strong, vibrant communities and making a positive difference. These charitable organizations are all doing that right here in Wilmington.”

In addition to charitable donations, PGA TOUR events such as the Wells Fargo Championship are estimated to bring an economic impact between $40 and $60 million to the cities in which they are staged.

In 2015, Wells Fargo became a National Trustee for The First Tee and pledged $1 million to the program. Wells Fargo also established the Succeeding Together contest for participants of The First Tee around the country to earn the opportunity to attend the tournament and play in the Wednesday Pro-Am. This year, 16-year-old Gerry Jones, Jr. a member of The First Tee Hampton Roads, VA, was the contest winner and played with Phil Mickelson at Eagle Point Golf Club.

The Wells Fargo Championship will be held in Charlotte, NC at Quail Hollow Club April 30-May 6 in 2018 and April 29-May 5 in 2019.

About the Wells Fargo Championship

The Wells Fargo Championship is one of the largest, most prestigious sporting events in the North Carolina region. The tournament’s charitable arm Champions for Education has donated over $19 million to local and regional charities since 2003. The 2018 tournament will be held April 30-May 6 at Quail Hollow Club in Charlotte, NC. It’s list of champions include David Toms, Joey Sindelar, Vijay Singh, Jim Furyk, Tiger Woods, Anthony Kim, Sean O’Hair, Rory McIlroy, Lucas Glover, Rickie Fowler, Derek Ernst, J.B. Holmes, James Hahn and Brian Harman.

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $2.0 trillion in assets. Wells Fargo's vision is to satisfy our customer's financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 8,500 locations, 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 42 countries and territories to support customers who conduct business in the global economy. With approximately 273,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 25 on Fortune's 2017 rankings of America's largest corporations. The Chronicle of Philanthropy ranked Wells Fargo No. 3 on its most recent list of the top corporate cash philanthropists. In 2016, Wells Fargo donated $281.3 million to 14,900 nonprofits and Wells Fargo team members volunteered 1.73 million hours with 50,000 nonprofits. Wells Fargo's corporate social responsibility efforts are focused on three priorities: economic empowerment in underserved communities, environmental sustainability, and advancing diversity and social inclusion. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.