Wells Fargo donates $10,000 to Everett Public Schools Foundation for summer school tuition grants
EVERETT — May 3, 1999
Those hazy, crazy days of summer will turn into productive days of learning for those students in Everett who need financial assistance, thanks to a $10,000 grant from Wells Fargo.
Wells Fargo has donated $10,000 to the non-profit Everett Schools Foundation to provide summer school tuition. The comprehensive summer program will provide help to those local students who need to catch up to their peers.
"We need to assure that all our opportunities for children reach those students most in need," said Michael Power, executive director of Curriculum and Assessment for the Everett School District. "Support from our community is critical to our success. This grant from Wells Fargo will go a long way towards helping us help our students."
Data shows that students who have attended summer school tend to make greater gains into the next academic year, according to the foundation. Last year 526 students participated in the program.
The summer school will take place June through August. The Everett School District plans to broadly expand the summer school program this year. About 650 students in the district are expected to attend, including about 110 who will have difficulty paying the tuition.
"Pre-kindergarten through Grade 12 education is a primary focus of Wells Fargo's community giving," said Jim Hanson, Wells Fargo's market area manager for Everett. "We form partnerships with other organizations such as the Everett Public Schools Foundation that share our commitment to improving our communities. This grant is part of the $300 million that Wells Fargo committed to donating to our communities over a 10-year period."
Founded in 1852, Wells Fargo is a $201-billion diversified financial services company providing banking, insurance, investments, mortgage and consumer finance through 5,836 stores and other distribution channels in all 50 states and Canada.
The Everett Public Schools Foundation supports public education by providing funds and resources not typically offered through state funding. The foundation also encourages direct community involvement in creating an enriched learning environment.