Shaw University Receives $25,000 Grant From Wells Fargo

RALEIGH, N.C. (April 18, 2016) – Wells Fargo Bank joins Shaw University’s growing list of corporate partnerships that are in alignment with the university’s bold, transformational journey. The University has received a $25,000 grant from the Wells Fargo Foundation that will support an innovative student scholarship program that will incorporate alumni engagement and professional development curriculum components designed to teach students about the banking and finance industry.

“This new partnership with Wells Fargo is an exciting opportunity for our students seeking to pursue careers in the financial industry,” said Shaw University president, Dr. Tashni-Ann Dubroy. “Shaw wants to be responsive to emerging workforce trends and this philanthropic investment from Wells Fargo will have significant impact in accomplishing that,” said Dubroy.

Wells Fargo is already on the ground at Shaw implementing some of the professional development components of the grant. A series of financial literacy seminars that began in March teaches students fiscal responsibility. As the professional development portion of the grant continues, curriculum scholars will be able to connect with banking and finance professionals who will be guest speakers on campus. Scholars will also be matched with Shaw University alumni employed with Wells Fargo, who will serve as mentors.

“Wells Fargo is proud to support the scholars program at Shaw University,” said Jack Clayton, Piedmont East regional president for Wells Fargo. “We share the belief that supporting education is one of the most important investments we can make in our future. We know the returns on an investment in a great education far exceed those from the best mutual funds,” Clayton said.

Since assuming the presidency at Shaw University last August, Dr. Dubroy has been keenly focused on building mutually beneficial relationships with area corporations and businesses.  The Wells Fargo grant speaks to the university-wide priority of developing partnerships that join corporate and social goals of preparing competent, well trained leaders to fortify the global workforce.


Shaw University, located in North Carolina’s vibrant Downtown Raleigh, is the first historically black institution of higher education in the Southern United States. Founded in 1865 by Dr. Henry Martin Tupper, Shaw is proud to be educating more than 1,600 students who will become the change agents of tomorrow. Under the avant garde leadership of our current president Dr. Tashni-Ann Dubroy, our motto is “This is E.P.I.C,” as we are committed to advancing our mission with Entrepreneurial Thinking, Positioning and Presence, Innovation, and Customer Care. Learn more at www.shawu.edu.