ECON 919: The warm and fuzzy side of commerce

Jun 22, 2018

Wells Fargo presents a $30,000 check to Habitat for Humanity for the completion of two homes in Kenai. From left: Robin Seaverson, AK1 Construction; Romi Hasceo, Habitat Board Secretary; board member Wanda Seaverson; Melissa Duffy, Board President; board member Monti Hightower; Carri Rossini, Executive Director; Melissa Galloway, Darren Franz, Steve Manley, Kim Pierce, and Andi Bryant, all Wells Fargo.
Credit Wells Fargo

Today, we hear how for-profit businesspeople, individually and through their companies, work not to earn a profit, but to better the life in our community.

Wednesday the Kenai Chamber of Commerce presented its annual awards during a luncheon ceremony. 

One of those people is AnnaLea Lott, the winner of the Chamber’s “Log Cabin” Award for just that, making this a better place to live.”

Earlier in the week, employees from the two Wells Fargo branches in the Central Peninsula did some service work as well, with employees pitching in on some Habitat for Humanity projects.

Every Wells Fargo employee is given two paid days to volunteer in the community. The grant was a total of $30,000 to be split between the two projects.

AnnaLea Lott is congratulated after winning the Kenai Chamber's Log Cabin Award.
Credit Jay Barrett/KDLL

  And our number this week is 1,808, which is the store number for the brand new Starbucks in the Kenai Safeway. I doubt this is the 1,808th Starbucks in existence, because there are about 30,000 of them in the world, so perhaps our number should be 20, which are the number of miles I no longer have to drive to get a Venti mocha, not too hot, no whipped cream.