News
Release
Wells
Fargo invests $70,000 in the Sacramento Choral Society & Orchestra
James McCormick, SCSO President
David Galasso, Wells Fargo Regional President
Donald Kendrick, SCSO Music Director
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.
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