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2011 Corporate Responsibility Report - JPMorgan Chase

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VOLUNTEERISM IN MENTORING, TUTORING AND READING<br />

Innovations for Learning (Chicago, IL). In 2010, <strong>JPMorgan</strong><br />

<strong>Chase</strong> employees formed a relationship with Innovations<br />

for Learning, a Chicago-based nonprofit that has pioneered<br />

cutting-edge technology that improves the reading progress of<br />

students in the early elementary grades. Our employees became<br />

involved in this work by serving as “virtual tutors” for students<br />

in Innovations for Learning schools. Beginning in Chicago, this<br />

program was expanded to Detroit, Miami and New York in<br />

<strong>2011</strong>. By the end of <strong>2011</strong>, 548 <strong>JPMorgan</strong> <strong>Chase</strong> employees had<br />

provided 22,900 hours of volunteer service through thousands<br />

of tutoring sessions to students in these cities. This program will<br />

continue to expand to additional sites in 2012.<br />

Junior Achievement of America (Worldwide). JA is a partnership<br />

between the business community, educators and volunteers, offering<br />

programs in more than 120 countries to show young people how to<br />

apply entrepreneurial thinking to the workplace. <strong>JPMorgan</strong> <strong>Chase</strong> was<br />

awarded the President’s Award for Volunteerism by JA for the more<br />

than 5,000 hours our employees spent in <strong>2011</strong> teaching children<br />

about workforce readiness, entrepreneurship and economics.<br />

Our volunteers participated in 39 events in 19 U.S. cities as<br />

well as international cities, such as São Paolo, Brazil, and taught<br />

lessons on topics such as budgeting, good credit, identity theft, and<br />

understanding various investment and insurance products.<br />

Fundación Leer (Buenos Aires, Argentina). In August <strong>2011</strong>,<br />

30 <strong>JPMorgan</strong> <strong>Chase</strong> volunteers spent two days reading with<br />

children through Fundación Leer, a local charity that promotes<br />

literacy to help children succeed in<br />

school. More than 100 children from<br />

economically disadvantaged areas took<br />

part in the activities. This project was<br />

part of a multi-year effort spearheaded<br />

by employees, and included an $8,000<br />

donation to sponsor future activities and<br />

to purchase books for the school libraries<br />

supported by Fundación Leer.<br />

P.S. 188 (New York, NY). Over the past<br />

five years, <strong>JPMorgan</strong> <strong>Chase</strong> employees<br />

have built an ongoing volunteering<br />

relationship with P.S. 188, an elementary<br />

and junior high school located in a<br />

disadvantaged area of the Lower East<br />

Side of Manhattan, where many students are first-generation<br />

Americans or have recently emigrated with their parents. In <strong>2011</strong>,<br />

135 employees volunteered to run Math and Reading Clubs,<br />

a Saturday tutoring program and a mentoring program for<br />

children ages 6–12. Each year, employees help revitalize the<br />

halls and classrooms in preparation for the new school year, and<br />

host a Holiday Party for the lower grades in December and an<br />

Empowerment Day in the spring for the junior high students to<br />

learn about career options.<br />

See Helping Our People Succeed for more information on<br />

our employee volunteerism.<br />

<strong>2011</strong> CORPORATE RESPONSIBILITY REPORT 55

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