JPMorgan Chase Foundation
Contact information:
270 Park Ave., 33rd Fl
New York, NY 10017-2014
Phone: (212) 270-6000
Website: www.jpmorganchase.com/grants
Type of foundation: Company-sponsored
Types of grants: General, program, matching. Capital and endowment by invitation only.
Description: The JPMorgan Chase Foundation strives to catalyze change in targeted neighborhoods (typically with high rates of poverty and historic disinvestment) in cities where it operates. The Foundation pursues three giving strategies:
- Community Development, including workforce development, financial literacy, continuing education, adult literacy outreach, job training, money management basics, homeownership/homebuyer workshops, foreclosure prevention, small business technical assistance, job creation efforts, community economic planning, affordable housing initiatives.
- Education, specifically efforts to ensure that underserved children have access to high quality educational opportunities (especially K-12). Grants support development of instructional leaders, implementation of innovative curricula, teacher development, extended learning, college access programs, dissemination of best practices.
- Arts & Culture, including in-school and after-school arts programs, capacity-building for community-based arts organizations, increasing access to the arts by partnering with major arts groups.
In addition, the Strategic Philanthropic Initiatives and Sponsorships team is an integral division of the Foundation. This division "tactfully partners" with organizations to increase the value of the firm's philanthropic investments, by integrating Community Programming with Sponsorship Opportunities.
Sample grants:
- $150,000 to American Documentary (PBS) (2007).
- $50,000 to Educational Broadcasting Corporation (2007).
- $30,000 to Foundation for New Jersey Public Broadcasting (2003).
- $10,000 to WJCT Public Broadcasting (2003).
Fit for public broadcasting: The Foundation has a good track record of supporting public media.
Eligibility: All applicants must provide service in an area where the company has operations.
The Foundation does not support:
- Advertising.
- Endowments or capital campaigns, except by invitation.
- Fundraising events.
- Funds to pay down operating deficits.
- Programs outside the geographic markets of company operation.
- Public schools (K-12), unless in partnership with a qualified nonprofit organization.
- Volunteer-operated organizations.
Deadline: Applications are accepted throughout the year.
How to apply: Online letter of inquiry. The Foundation encourages applicants to contact the appropriate Community Relations officer prior to submitting an application. For list, click here.
Giving range: Varies, but typically $10,000 – $50,000.
Assets: $185,374,851 (year ending 12/07)
Total giving: In 2008, the Foundation gave more than $100 million through grants and sponsorships to thousands of not-for-profit organizations around the world.
