Does Wells Fargo & Company support Israel?

We have not yet found publicly recorded donations from Wells Fargo & Company. Absence of records does not confirm absence of support.

Filed under: Banks & financial companies · Companies that support Israel

Background

No documented corporate donations, statements or Israel operations were found for Wells Fargo. The bank has no branches or offices in Israel, and it was not among the seven Western banks that Profundo's research for BankTrack/PAX identified as underwriters of Israeli government bonds issued during the Gaza war (October 2023 – January 2025). Boycott campaigns that list Wells Fargo rest mainly on asset-management and index-fund shareholdings in defense contractors — client money invested passively — and on claims, traced to advocacy research, that Wells Fargo lends to Elbit Systems' US subsidiary; we could not verify those lending claims in primary documents, and the company did not respond when the Business & Human Rights Resource Centre invited it to comment on a UN experts' call about arms-transfer financing. No post-October 7 corporate donation, employee-matching program or executive statement on Israel was found.

BankTrack / PAX (Profundo research on Israel bond underwriters) Business & Human Rights Resource Centre

What we checked

• News & official statements — 2026-07-21
  Searched for Wells Fargo donations, statements, offices or partnerships tied to Israel, including post-October 7 responses; nothing found. Only tangential coverage surfaced (2025 hiring of former US ambassador to Israel Tom Nides as vice chairman; protest actions against branches; advocacy claims about Elbit Systems financing that lack primary-source confirmation).
• Nonprofit tax filings (Form 990) — 2026-07-21
  Wells Fargo Foundation (EIN 41-1367441) identified via Nonprofit Explorer; its grantmaking centers on US housing affordability, small business and financial health. Searches for Israel-linked grantees (Jewish federations, Friends of the IDF, Magen David Adom and similar) returned no Wells Fargo Foundation grants.
• SEC filings — 2026-07-21
  Full-text search of Wells Fargo filings (CIK 72971) for 'israel': 402 hits, essentially all SC 13G beneficial-ownership filings for third-party Israel-focused funds (iShares MSCI Israel, Aberdeen Israel Fund) held in custody/asset-management capacities — passive positions, not corporate support. No operations, contracts or donations involving Israel.
• Federal election records (FEC) — 2026-07-21
  FEC records show employee-funded PACs (Wells Fargo Employee PAC C00034595, Good Government Fund C00300178 and predecessors) that give to federal candidates; these are employee contributions, not corporate treasury money. No reporting or FEC-derived research links Wells Fargo PAC disbursements to pro-Israel committees.
• Independent fact-checkers — 2026-07-21
  No Snopes/Reuters/AFP fact-checks exist on Wells Fargo and Israel. Boycott lists (The Witness, boikotisrael.com) cite passive shareholdings and alleged Elbit Systems of America lending sourced to advocacy research (AFSC/UN experts letter); BankTrack/Profundo's underwriter research corroborates the absence of Wells Fargo from Israel's wartime sovereign bond underwriting.

Frequently asked questions

Sources & citations

Record last updated: 2026-07-21

• BankTrack / PAX (Profundo research on Israel bond underwriters) banktrack.org
• Business & Human Rights Resource Centre business-humanrights.org