Wells Fargo does not use company money or resources to influence any U.S. domestic or foreign candidate elections, including assisting candidate campaign committees, political parties, caucuses or independent expenditure or other political committees, or any other type of election-related activity. If, in the future, we change our policy on independent expenditures we will disclose those expenditures on our website, and also present them to our Board of Directors for review.
Wells Fargo may contribute to entities organized under Section 527 of the Internal Revenue Code (“527 organizations”) but payments may only be used for operational and administrative purposes, not to support or oppose any candidate for U.S. federal, state, or local office, or to support or oppose any ballot initiatives. Additionally, payments to 527 organizations may not be transferred to any federal, state, or local PAC, any other form of political committee, or any other entity for the purpose of making contributions or expenditures, independent or otherwise, to support or oppose any candidates for U.S. federal, state, or local office, or to support or oppose any ballot initiatives. View the current list of contributions to 527 organizations (PDF), which is updated semi-annually.
Additionally, Wells Fargo may occasionally make contributions to groups organized under Section 501(c)(4) of the Internal Revenue Code, including ballot measure committees, and other social welfare organizations but not for purposes of funding independent expenditures or communications, or on behalf of any candidates for public office. Decisions about our support of these groups are made by the Government Relations and Public Policy team. Contributions are made without regard to the private political preferences of the company’s senior management. View the current list of contributions over $25,000 (PDF), which is updated semi-annually.
Past reports