2011 Corporate Responsibility Report - JPMorgan Chase
2011 Corporate Responsibility Report - JPMorgan Chase
2011 Corporate Responsibility Report - JPMorgan Chase
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COLLABORATION AND<br />
PHILANTHROPY<br />
We are actively involved in the community<br />
and seek opportunities to foster partnerships,<br />
act collectively and increase our capacity to<br />
serve in the military community.<br />
JPMORGAN CHASE MILITARY AND<br />
VETERANS AFFAIRS ADVISORY COUNCIL<br />
To better focus our military and veterans<br />
strategy, and identify specific target areas,<br />
<strong>JPMorgan</strong> <strong>Chase</strong> established a Military and<br />
Veterans Affairs Advisory Council, formed<br />
with leaders within the military community<br />
who understand firsthand the many<br />
challenges servicemembers and families<br />
face as they transition back to civilian life.<br />
The Council provides ongoing input on our<br />
program’s strategic direction.<br />
<strong>JPMorgan</strong> <strong>Chase</strong> also joined efforts with<br />
the Center for a New American Security,<br />
the action arm for the White House’s<br />
Joining Forces initiative, to study the<br />
unique challenges facing servicemembers,<br />
veterans and their families.<br />
<strong>Chase</strong> proudly served as the lead sponsor<br />
for the <strong>2011</strong> New York City Veterans Day<br />
Parade, the nation’s largest Veterans Day<br />
parade staged annually by the United<br />
War Veterans Council. Frank Bisignano,<br />
the firm’s Chief Administrative Officer and<br />
CEO of Mortgage Banking, was the lead<br />
Grand Marshal. More than 200 <strong>JPMorgan</strong><br />
<strong>Chase</strong> employees served as the marching<br />
contingent with the 100,000 Jobs Mission<br />
coalition members riding the parade float.<br />
In addition to the parade sponsorship,<br />
the firm held a week-long celebration<br />
prior to 11/11/11 that included employee<br />
veteran luncheons, exhibits and displays<br />
acknowledging the firm’s commitment to<br />
the military and veterans.<br />
Throughout <strong>2011</strong>, the Military and Veterans<br />
Affairs team met with more than 50 nonprofit<br />
organizations that support and serve<br />
veterans. The firm also hired a dedicated<br />
resource to help create a philanthropic<br />
strategy, map our priorities and manage<br />
outreach to veterans-related organizations.<br />
GRANTS AND DONATIONS<br />
<strong>JPMorgan</strong> <strong>Chase</strong> has provided donations to<br />
a number of organizations, including:<br />
National Organization on Disability. Our<br />
grant of $400,000 over two years focuses<br />
on increasing opportunities for the seventynine<br />
percent of working-age Americans<br />
with disabilities who are not employed.<br />
Community Solutions. Our grant of<br />
$370,000 over two years directly supports<br />
the veterans component of Community<br />
Solutions’ 100,000 Homes Campaign<br />
to permanently house at least 20,000<br />
chronically homeless veterans — 5,000 with<br />
severe health challenges — by 2013.<br />
Operation Homefront. <strong>Chase</strong> gave a<br />
$375,000 grant to Operation Homefront,<br />
“If you try to solve something<br />
without completely<br />
understanding it, you tend<br />
to make missteps. I’m proud<br />
that <strong>JPMorgan</strong> <strong>Chase</strong> has<br />
focused on understanding<br />
the needs of the military<br />
and veteran community and<br />
then addressing the issues<br />
facing servicemembers,<br />
veterans and their families<br />
through initiatives focused<br />
on jobs, homeownership<br />
and education.”<br />
Gen. Stanley A. McChrystal, USA (Ret.),<br />
Military and Veterans Affairs Advisory<br />
Council, <strong>JPMorgan</strong> <strong>Chase</strong><br />
<strong>2011</strong> CORPORATE RESPONSIBILITY REPORT 33