Sunday, December 4, 2011

The Global Philanthropy of JP Morgan Chase & Co.

JPMorgan Chase is one of the oldest financial institutions in the United States. Their history dates back over 200 years, but they have managed to break old traditions to provide clients with modern services. Today, the company is the leading global financial services firm with assets worth $2.2 trillion. They operate in more than 60 countries, serving millions of consumers, small businesses and many of the world's most prominent clients from different sectors. 

With all these achievements under their belt, JPMorgan Chase is undeniably a leader in financial services for consumers, small business and commercial banking.

But like any other successful company, JPMorgan Chase recognizes their responsibility to the society that helped them reach the top of their game. As they become one of the world's most influential global financial institutions, their philanthropy has also evolved. 

The company’s goal is to become a catalyst for positive and sustainable change within less privileged communities across the globe. Last year alone, JPMorgan Chase donated $150 million worth of grants and sponsorships to thousands of non-profit organizations across more than 25 countries. In a smaller scale, the company also supports the interests of their employees through the Matching Gift and volunteer programs.

The firm’s charitable programs are focused on three areas. They are: community development, education, arts, and culture. JPMorgan Chase is working with the best community-based partners to provide support to families in poverty-stricken neighborhoods, giving them long-term solutions to alleviate the quality of their lives. Disadvantaged children can also benefit from high-quality educational opportunities initiated by the company. Teachers are also taught to deepen their knowledge and become more effective educators for the youth. Last but not the least, the company considers arts and culture an integral part in the education of the youth. As such, JPMorgan Chase builds the capacity of community-based arts institutions for local cultural and economic revival.

No comments:

Post a Comment