July 6th, 2012Awards, Grants & Honors
Wells Fargo invests $70,000 in the Sacramento Choral Society & Orchestra
Sacramento, Calif., July 3, 2012 – Wells Fargo & Company (NYSE: WFC) announced today two $35,000 grants to the Sacramento Choral Society & Orchestra (SCSO) to support two large scale choral orchestral concerts for their 2012 – 2013 season.
The funds will help underwrite the productions costs of the SCSO’s traditional annual standing-room-only Home for the Holidays concert - renamed the Wells Fargo Home for the Holidays concert - on Saturday, December 8 in Sacramento’s Memorial Auditorium. Wells Fargo also plans to underwrite the SCSO’s year-end performance, Lest We Forget - An Armed Forces Salute on Saturday May 18, 2013 (Armed Forces Day) in the Sacramento Community Center Theatre. Wells Fargo’s total underwriting for the SCSO’s 2012-2013 season will be $70,000.00.
Wells Fargo’s support will help the SCSO maintain reasonable ticket prices for families in the region. Tickets to the Wells Fargo sponsored concerts will be made available to low income families, identified through their participation in Title 1 schools, as well as to a host of Veterans in the region.
According to philanthropy experts, corporate giving is at its lowest level since the 1970s. Thanks to Wells Fargo’s outstanding concert sponsorships, the Sacramento Choral Society and Orchestra and Conductor Donald Kendrick appear to be bucking the trend as they head into their 2012-2013 season. A fiscally accountable arts organization since 1996, the SCSO is thrilled to partner with Wells Fargo on this level to build community through the arts.