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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

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