NEW YORK - June 23, 2011 - Chase today announced $500,000 in special grants to eight local charities through the Chase Community Giving program. The grants were awarded by the program's Advisory Board, supplementing the $5 million Chase gave to 100 charities earlier in the Spring 2011 program, where Facebook users voted to decide the winners.
"Through Chase Community Giving, not only do participating charities receive generous donations, they also receive the opportunity to gain visibility and spread their message on a global platform, which is invaluable," said David Robinson, NBA Hall of Famer and founder of the Carver Academy.
The Chase Community Giving Advisory Board this year added actors Matthew McConaughey and Kristen Bell to charter members actress Eva Longoria; NBA Hall of Famer David Robinson; Elliot Schrage, Vice President of Global Communications, Marketing and Public Policy at Facebook; and JPMorgan Chase Foundation President Kimberly Davis. The Advisory Board reviewed the top 100 charities and their Big Ideas from this season's Chase Community Giving program and selected five to present live to the Advisory Board.
The Spring 2011 Advisory Board winner of $200,000 is Global Kids. Based in New York, NY, Global Kids works to develop youth leaders for the global stage through dynamic global education and leadership development programs. The organization inspires underserved youth to achieve academic excellence, self-actualization and global competency, and empowers them to take action on critical issues facing their communities and our world.
"This is really taking us to the next level for what we want to be as an organization," said Evie Hantzopoulos, Executive Director, Global Kids. "What we have learned through the presentations, the networking, exposure, and the building up of our organization through this process, has been invaluable. And the money is great too!"
The Board also selected seven charities to receive $43,000 each:
"We are thrilled with the final results from our third Chase Community Giving program," said Kimberly Davis, President of the JPMorgan Chase Foundation. "We want to thank our Advisory Board members for continuing to show their support and dedication to the program by helping Chase grants reach more charities."
The Spring 2011 Chase Community Giving program provided an opportunity for local charities to compete for a share of $5.5 million from Chase. Earlier in the spring program, charities competed for funds during two rounds of voting by Facebook users. 100 winners from 27 states and Washington, D.C. were selected. The winning charities are using the funding to support their causes such as youth arts education, pet rescue, humanitarian relief, aiding the homeless and helping people with disabilities, among many other worthy causes. The Advisory Board selections conclude the spring program.
Since its inception in 2009, Chase Community Giving has engaged over 2.8 million Facebook users, and allocated $15.5 million in Chase grants to 400 charities from 39 states, Washington D.C and Puerto Rico.
JPMorgan Chase donates a total of more than $150 million annually to thousands of non-profit organizations in local communities, nationally and abroad. This $5.5 million effort on Facebook is in addition to the bank's traditional philanthropic giving.
For more information and program requirements, visit http://apps.facebook.com/chasecommunitygiving/. To learn more about what Chase is doing to serve its communities, visit www.jpmorganchase.com/thewayforward.
Chase is the U.S. consumer and commercial banking business of JPMorgan Chase & Co. (NYSE: JPM), a leading global financial services firm with assets of $2.2 trillion and operations in more than 60 countries. Chase serves consumers and small businesses throughout the United States. JPMorgan Chase's global headquarters is in New York City, where it is the city's largest private-sector employer with 25,000 people. In 2010, JPMorgan Chase and its Foundation contributed approximately $26.5 million to nonprofit organizations in New York City, focusing on community development, education and arts & culture