JPMorgan Chase and Employees to Donate up to $500,000 to Orlando Recovery Efforts
Firm’s Foundation makes $300,000 grant and pledges to match employee donations dollar-for-dollar up to $100,000 for a total of $200,000
ORLANDO, Florida – June 15, 2016 – In solidarity with the Orlando community, JPMorgan Chase & Co. and the firm’s employees are donating up to $500,000 to support recovery efforts following last weekend’s nightclub shooting.
The JPMorgan Chase Foundation is committing $300,000 to the OneOrlando Fund today and will match employee donations dollar-for-dollar up to $100,000 for a total of $200,000 for related recovery efforts. The donations will go to organizations that are working to support the victims and their families; the LGBTQ, Hispanic, faith and other affected communities; and other emerging needs.
Approximately 3,000 JPMorgan Chase employees call the Greater Orlando area home. One of the firm’s employees perished in the attack and others lost family members and loved ones. Following the news, employees across the firm expressed an outpouring of support for those impacted by the tragedy.
“We are joining forces with community leaders to help Orlando heal from this senseless attack of terror and hate. The entire JPMorgan Chase family stands with the city of Orlando and all of those in the community who are recovering from this tragedy.”
Sen. Mel Martinez, former Orange County mayor and southeast Chairman for JPMorgan Chase
The OneOrlando Fund is a project of Strengthen Orlando, Inc., a 501(c)(3) nonprofit corporation created for the purpose of supporting and starting projects to strengthen the Orlando community. The distribution of the funds will be administered by the Central Florida Foundation, the region’s community foundation and home to more than 400 charitable funds.
About JPMorgan Chase
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.4 trillion and operations worldwide. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. The firm uses its global resources, expertise, insights and scale to address some of the most urgent challenges facing communities around the world including the need for increased economic opportunity. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.
SOURCE: JPMorgan Chase