CFDA#
None
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Funder Type
Corporate Foundation
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IT Classification
C - Funds little to no technology
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Authority
J. P. Morgan Chase Foundation
Summary
The mission of the J.P. Morgan foundation is to enable more people to contribute to and share in the rewards of a growing economy. We believe that reducing inequality and creating widely-shared prosperity requires collaboration of business, government, nonprofit and other civic organizations, particularly in the cities and metropolitan regions that power economic growth.
The foundation takes a comprehensive approach to increasing economic opportunity, using our firm's global scale, talent and resources to make investments and create partnerships in four priority areas: Jobs & Skills, Small Business Expansion, Financial Health, and Neighborhood Revitalization.
History of Funding
In 2017, the firm and its Foundation gave nearly $250 million to nonprofit organizations across the U.S. and in 40 countries around the world, and has committed to invest $1.75 billion by 2023. In addition, last year, 56,000 JPMorgan Chase employees provided 383,000 hours of volunteer service in the communities where they live and work.
Additional Information
Good Works' Workplace Giving Program: PMorgan Chase supports our employees' eligible philanthropic giving by deepening the impact of each gift. Through the Good Works' workplace giving program, employees have the opportunity to donate to a charity of their choice through Good Works' secure portal. For every dollar donated, up to $1,000, the JPMorgan Chase Foundation will honor that donation by providing a dollar-for-dollar credit to employees in a Charitable Spending Account. Doubling the value of an employee's initial gift, the dollar-for-dollar credit can be used to pay it forward” to firm-approved charitable organizations.