Rowan-Cabarrus gets $12,500 donation from Wells Fargo

Published 12:00 am Thursday, September 10, 2015

The Rowan-Cabarrus Community College Foundation has received a $12,500 donation from Wells Fargo of Cabarrus and Rowan counties.

Wells Fargo has been a strong proponent of the college, with support growing annually. Wells Fargo of Cabarrus and Rowan counties sponsored the College Foundation’s 2015 Scholarship Luncheon, which raises scholarship money for well deserving, hard-working students. They are slated to sponsor the foundation’s 2016 Changing Lives Scholarship Luncheon, as well.

“At Wells Fargo, we believe that the future and stability of our economy is really based on a well-educated student,” said Tim Elleby, market president of Cabarrus and Stanly counties for Wells Fargo. “The bottom line is public and private partnerships in education are paramount not only to our communities but to creating a competitive workforce and a sustainable economy for generations to come.”

The college is honored to not only receive this donation but to receive recognition for their advancement of workforce development in the community, said Dr. Carol S. Spalding, president of Rowan-Cabarrus Community College.

“A significant component of Rowan-Cabarrus’ mission is tied to the economic and workforce development of our region. The college provides the region with educational programming, targeted toward the advancement of a modern, cutting-edge workforce which meets both current employment training needs and future projected employment trends for the communities it serves,” Spalding said.

The college will use the funding to support ongoing workforce development programs in areas such as advanced technology and health care. Specifically, funds may be used for equipment purchases necessary in the training of future workers in technology and health care.

“This is the largest donation we have had to date from Wells Fargo, and we are so appreciative. Wells Fargo provided the donation through their marketing budget – a rarity since donations of this size typically come from other foundations. This shows that we are not only fostering a great relationship with the company, but that they are committed to promoting economic development and supporting the College’s mission of advancing workforce development,” said Carla Howell, chief officer of governance, the foundation and college relations for Rowan-Cabarrus Community College.