The Foundation provides $1 million to assist four organizations
providing humanitarian relief and will match employee donations
dollar-for-dollar up to $500,000 for a potential $1 million in
NEW YORK–(BUSINESS WIRE)–JPMorgan Chase & Co. today announced up to $2 million in donations from
its foundation and employees to provide immediate relief to refugees and
help address the humanitarian crisis in Europe. Grants totaling $1
million from the JPMorgan Chase Foundation will support Save the
Children, Oxfam, International Rescue Committee and International
Medical Corps as they provide vital resources such as food, water,
hygienic kits and medical support to those refugees arriving in
countries such as Italy, Turkey, Greece and Lebanon.
The JPMorgan Chase Foundation is also launching an employee giving
campaign that will match employee donations dollar-for-dollar to these
organizations. Specifically, the Foundation will double donations made
by employees up to $500,000 for a total of $1 million in additional
“Hundreds of thousands of refugees are fleeing their war-torn homelands,
desperate for safety and the most basic human needs. Every person
deserves to live free of violence and fear and to have access to the
resources they need to survive,” said Daniel Pinto, head of J.P. Morgan
in EMEA and CEO of the Corporate & Investment Bank. “JPMorgan Chase is
proud to support Save the Children, Oxfam, International Rescue
Committee and International Medical Corps, who are all on the ground
JPMorgan Chase will support organizations working on the frontlines of
the crisis to provide humanitarian relief to refugees from Syria and
other countries in the region.
Save the Children is scaling up services within Syria, across the
Middle East and in Europe to ensure the needs of refugee children and
families on the move are met. Save the Children will ensure there are
child-friendly spaces available for children and families and provide
critical hygiene, shelter, baby care and other supplies to refugees.
Oxfam is providing life-saving clean water, sanitation and
vital support for families in Syria, Jordan and Lebanon. Oxfam is also
helping those arriving in Italy by providing food, clothes, shoes, and
personal hygiene kits, as well as long-term psychological and legal
International Rescue Committee will provide crucial access to clean
water and clothing, in addition to information on legal rights for
refugees who have arrived in Greece.
International Medical Corps is scaling up services in Greece, Turkey,
Hungary and the region to deploy mobile medical teams, provide health
care services and distribute urgently needed supplies. This assistance
is in addition to International Medical Corps’ long-standing and
comprehensive relief programs inside Syria and in Iraq, Jordan,
Lebanon and Turkey.
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. Information
about JPMorgan Chase & Co. is available at www.jpmorganchase.com.
JPMorgan Chase & Co.