Wednesday, October 19, 2011

EOC: Making Money for Good

Making money for good is a concept that companies seem to forget about when they become successful. It's been proven that the companies that give back in some way or form are the companies that survive in the long run. 
But then there are other businesses like Wells Fargo who “continues to be one of America’s largest financial contributors to nonprofits. In 2009, we invested $202 million in 18,000 nonprofits nationwide” (https://www.wellsfargo.com/about/csr/charitable/where)  One of the ways that they accomplish this is that they have neighborhoods managers that talk to the people. “Communities need money to grow and Wells Fargo’s Community Development Corporation manages the company’s investments in projects that promote long-term growth for low- and moderate-income communities.” (https://www.wellsfargo.com/about/csr/charitable/where
Another one of these businesses is Home Depot. They have a special program called Team Depot. “Through Team Depot, The Home Depot’s associate-led volunteer program, associates work side-by-side to create life-long, meaningful relationships between the Company, our neighbors and our associates.”( http://www.homedepotfoundation.org/teamdepot/index.html)
I think we need more businesses to help out the less fortunate and people in need throughout the United States, and also throughout the world. If every company gave a little back the world would be a better place.  There are so many people who need a helping hand.

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