2011 Corporate Responsibility Report - JPMorgan Chase
2011 Corporate Responsibility Report - JPMorgan Chase
2011 Corporate Responsibility Report - JPMorgan Chase
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over the next two years as part of the A<br />
Billion + Change campaign.<br />
Championing Service<br />
As part of our commitment to employee<br />
engagement and volunteerism, over<br />
the past two years, the company has<br />
participated as a leading sponsor of the<br />
National Conference on Volunteering and<br />
Service. The conference, organized by<br />
the Points of Light Institute, is the world’s<br />
largest gathering of volunteers and service<br />
leaders. “<strong>JPMorgan</strong> <strong>Chase</strong> is rooted in<br />
service — to its customers, clients and<br />
communities,” said Anne Motsenbocker,<br />
Texas Regional Market Manager, <strong>JPMorgan</strong><br />
<strong>Chase</strong>, at the <strong>2011</strong> National Conference on<br />
Volunteering and Service.<br />
In this spirit, <strong>JPMorgan</strong> <strong>Chase</strong> is a<br />
co-founder of The Community Corps,<br />
an online volunteer matching portal<br />
connecting nonprofit technology needs<br />
with technology professionals who want to<br />
use their sophisticated skills for the good<br />
of their communities. With The Community<br />
Corps, 141 of our employees donated over<br />
1,700 hours to nonprofits worldwide.<br />
Additionally, J.P. Morgan is the global<br />
sponsor of Grameen Foundation’s Bankers<br />
without Borders® volunteer initiative<br />
and, in 2010, we committed to support<br />
them with a three-year, $3 million grant.<br />
The program provides opportunities for<br />
experienced professionals to use a broad<br />
range of technical skills for projects focused<br />
on financial inclusion and literacy.<br />
Disaster Relief<br />
In <strong>2011</strong>, <strong>JPMorgan</strong> <strong>Chase</strong> employees rolled<br />
up their sleeves to help those in areas<br />
affected by disaster or poverty. Nearly 1,700<br />
employees at 43 locations across the globe<br />
logged more than 6,700 hours assembling<br />
more than 21,000 emergency hygiene kits<br />
and backpacks with school supplies. World<br />
Vision shipped these kits and backpacks to<br />
communities in need in ten countries and<br />
across various U.S. locations.<br />
Employee Giving Makes the Difference<br />
In <strong>2011</strong>, over 13,000 nonprofits received $8<br />
million from <strong>JPMorgan</strong> <strong>Chase</strong> as a result<br />
of our employees donating through our<br />
annual giving campaign and Matching Gift<br />
program. We match employees’ charitable<br />
donations, dollar for dollar, up to $1,000 per<br />
employee per calendar year. Of the 13,000<br />
charitable organizations, nearly 7,000<br />
received donations through our annual<br />
employee giving campaign. In <strong>2011</strong>, nearly<br />
18,000 employees generously donated $6.6<br />
million through our campaign, $4 million of<br />
which was matched by <strong>JPMorgan</strong> <strong>Chase</strong>.<br />
Honoring Our Employee Service<br />
The <strong>JPMorgan</strong> <strong>Chase</strong> Foundation matches<br />
“More than anything, we<br />
recognized that, as timecrunched<br />
as our days seem,<br />
we have hours that could be<br />
better spent. We realized that<br />
even small tasks yield big<br />
results. It is gratifying to know<br />
we work for a company that<br />
chases what really matters.”<br />
Maryann Corkery, <strong>2011</strong> Analyst Class<br />
employee volunteer hours<br />
with a monetary gift to<br />
the charity in which each<br />
employee participated<br />
through volunteer service.<br />
Grants range from $150<br />
to $1,000 for the qualifying<br />
nonprofit in which the service<br />
was performed. The more hours<br />
employees give, the more<br />
their organizations receive.<br />
We awarded 5,100<br />
volunteer grants totaling<br />
$1,558,000 in recognition<br />
of 4,900 employees’<br />
personal commitment of<br />
their time to volunteerism.<br />
<strong>2011</strong> CORPORATE RESPONSIBILITY REPORT 75