JPMorgan Chase Invests $100,000 in School-Based Poverty Relief with LIFT
WASHINGTON, D.C.—The JPMorgan Chase Foundation will invest $100,000 in school-based social services programs nationwide with LIFT. The grant will support LIFT’s work to provide employment, housing, and financial assistance services to families in three of JPMorgan Chase’s core geographies, and will also fund ongoing work to incorporate LIFT’s model into community schools.
The grant gives priority to LIFT’s neighborhood programs in the cities of Chicago, Washington, D.C., and New York City where JPMorgan Chase has major operations. JPMorgan Chase will ramp up LIFT-Chicago’s work on the West Side of Chicago. In Washington, D.C., it will support LIFT-DC’s expansion east of the Anacostia River into the historically underserved neighborhoods of Wards 7 and 8. In New York City, JPMorgan Chase will grow and strengthen LIFT’s work in the Bronx.
The grant will also provide funding to improve educational opportunity for children from disadvantaged backgrounds, one of the JPMorgan Chase Foundation’s target service areas. Understanding that children’s educational achievement is intrinsically linked to stable and healthy home lives, LIFT and JPMorgan Chase will work to provide convenient access to social services for parents of schoolchildren in high-risk neighborhoods. With JPMorgan Chase’s signature investment, LIFT will build on the success of its community schools pilot programs in Chicago and Washington, D.C., and also explore additional family support services in its other core geographies in New York City, Boston, and Philadelphia.
JPMorgan Chase is one of the leading global financial services firms. To learn more about the JPMorgan Chase Foundation’s community investments, visit: http://www.jpmorganchase.com/corporate/Corporate-Responsibility/corporate-philanthropy.htm
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