JPMorgan Chase strives to be a catalyst for meaningful, positive and sustainable change in high-need neighborhoods and communities across the globe. The firm aims to create Pathways to Opportunity – a holistic approach to ensure that individuals have access to the knowledge, skills, resources, and capital they need to secure their futures and compete in the global economy.
In 2012, JPMorgan Chase and its Foundation gave more than $190 million to thousands of nonprofit organizations across 42 states, the District of Columbia, and 37 countries around the world. The firm also actively encourages employees to support individual philanthropic interests through employee gift matching and volunteer programs. Over the years, the firm's unwavering commitment to supporting individuals, families, and communities around the world has generated change in some of the most challenged areas.
JPMorgan Chase works with community partners to create Pathways to Opportunity. The firm makes philanthropic investments in cities where it has major operations and works to transform low-income neighborhoods by engaging nonprofit organizations, residents, and other sources of public and private advocacy and funding. The firm focuses its investment and attention on four pillars – Affordable Housing, Economic Development, Financial Empowerment, and Workforce Readiness.
In the United States, JPMorgan Chase invests in helping people transition along the housing continuum, with an emphasis on permanent supportive housing, affordable rentals, and homeownership. The firm supports program models that address problems faced by individuals, including the need for transitional, permanent supportive, and affordable housing; disaster relief; and community-level models that stabilize neighborhoods, rehabilitate properties, and increase the supply of affordable housing.
JPMorgan Chase works to support new businesses, grow and sustain existing ones, and attract the investment needed to expand regional economies. The firm funds regional, state, and local economic development planning, and it also makes grants that provide assistance to small businesses through incubators and accelerators, microfinance programs, and small business technical assistance/training programs.
JPMorgan Chase seeks to help people acquire the knowledge, skills, and tools needed to understand their finances, budget accordingly, and increase their assets. The firm supports financial literacy education for young people as well as financial empowerment for adults, including programs that increase access to financial services and financial coaching that increases benefit utilization and access to the Earned Income Tax Credit.
JPMorgan Chase seeks to provide opportunities for individuals and companies to better compete in the global economy. The firm supports initiatives that help individuals acquire the knowledge, skills, and experiences needed to obtain jobs as well as help employers access the skilled employees they need to compete in the global economy. JPMorgan Chase focuses on engaged youth (14-18 years old), disengaged youth (14-18), and adults (19+).
Engaged youth benefit from the firm's funding of initiatives like STEM teacher training and curriculum development as well as college preparatory efforts. JPMorgan Chase works to help disengaged youth recommit to their futures through blended academic, internship, and mentor programs that connect them to education and training pathways. For adults, sector-specific training programs and subsidized employment programs help build the skills needed to find quality jobs. The firm also supports community models to align employer demand with employee training pipelines and to promote collective action by developing indicators that benchmark progress.
The Employee Engagement and Volunteerism Team at JPMorgan Chase works to match the interests and passions of its employees to meaningful and needed community service in the communities where the firm operates. Each year, thousands of JPMorgan Chase employees volunteer their time and expertise to help nonprofit organizations, charities and underserved communities. JPMorgan Chase actively promotes volunteerism and service within the company through its Good Works program, which organizes skills-based and non-skills-based volunteer opportunities, grants, and a matching gifts program to charities of employees' choosing.