blacktie magazine
Home
 
Translate
 
Celebrity Philanthropy News
 
Society News
 
Save the Date Directory
 
Features
Black Tie China
 
Black Tie France
 
Black Tie Israel
 
Black Tie Philippines
 
Black Tie
Global Sustainability News
 
Nightlife With
Rose Billings
 
The Season
 
Publisher
Gerard Mc Keon
 
Editor-in-Chief
Joyce Brooks
 
Follow us on 
Twitter   Facebook   Google+   Pinterest
 
 
 
Society News
 
New York Society
Palm Beach Society
International Society
Hampton Society
Las Vegas Society
West Coast Society
U.S. Society
 
Save The Date
Save the Date Directory
 
Listing Non-Profit Events
 
Philanthropy News
Featured Foundations
Philanthropy  Giving
 
Entrepreneurial & Philanthropy Awards
 
Featured
Event Resources
Event Resource Directory
Event Talent Directory
 
Black Tie
Recommended
Lifestyle Selection
Antiques
Art
Beauty
Cars
Couture Fashion
Crowdfunding
Fine Wines
Friends of Black Tie
 Health & Wellness
Impact Investment
Interior Design
Investigative Services
Jewelry
Kids on Location
Legal Services
Luxury Yachts
Pet Services
Private Air
 Real Estate
Recommended Reading
Restaurant Reviews
Single Friendly Events
Social Announcements
Sustainable Investment
Technology
Theater/Arts
Travel
Wealth Management
 
 
Share this Page
 
Promote Your Business or Foundation:
Advertising
Co-Hosting Events
 
Featured Foundations
Listing Non-Profit Events
 
Promote your Services
Feature your Talent
 
Friends of
Black Tie
Add your e-mail
for invitations to  our
exclusive
Friends of Black Tie Events

 
Friends of Black Tie
 
 
Black Tie Classic
Current Issue
Diana Issue
Jacqueline Kennedy
Back Issues
More Back Issues
Black Tie TV
Online Store 1
 
 
 

 

web
analytics
 


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Black Tie Philanthropy Giving  1
E-mail this link to your Friends:
Black Tie International: Chase
 

Chase Donates $25 Million to Support U.S. Small Businesses

Chase Donates $25 Million to Support U.S. Small Businesses

Grants double capital in hard-to-reach communities for small business lending,
spurs job creation

New York, January 28, 2011 – Continuing its support of small businesses, Chase announced today $25 million in grants to Community Development Financial Institutions (CDFIs) serving hard-to-reach communities. 

The newest initiative in today’s challenging credit environment is part of Chase’s $100 million commitment to strengthen CDFIs, which are financial institutions that lend to low-income persons and businesses in struggling communities for community development purposes.

“I am proud to further increase our support for small businesses with $25 million in grants to CDFIs,” said Jamie Dimon, Chairman & CEO of JPMorgan Chase. “Small businesses are critical to our economy and they need permanent capital to strengthen their balance sheets in order to grow. Our $25 million funding initiative, when leveraged with private capital and government programs, will increase lending to small businesses by $125 to $250 million.”

Grants range from $2 million to $5 million for institutions across the country:

·         ACCION Texas-Louisiana, an alternative lender in Texas and Louisiana

·         Valley Economic Development Center, Inc., the largest nonprofit small business development corporation in Los Angeles, California

·         Opportunity Fund, a lender and technical assistance provider that meets the capital needs of low-income entrepreneurs in the San Francisco Bay Area

·         First State Community Loan Fund, a growing CDFI that provides significant lending and technical assistance in Delaware, and

·         Enterprise Cascadia, a creditor and consultant to small businesses, community facilities, nonprofit organizations and consumers in Washington and Oregon

These grants will in most cases double the existing capital bases of the organizations and allow them to grow in a way they cannot today. Additional grants will be announced at a later date.

“We thank Chase for its generous support and continued leadership in the CDFI industry,” said Jeannine Jacokes, Chair of the CDFI Coalition. “With these funds, the industry will be able to continue its efforts to further small business growth and strengthen some of our most underserved communities.”

Over the last 18 months, Chase has taken additional steps to support small businesses, including lending 40 percent more in 2010, becoming the #1 Small Business Administration lender in the United States and encouraging economic development through innovative programs such as Chase’s “Loan for Hire,” which reduced the interest rate on a small business loan for every new employee the business hires.

Chase has partnered with top-tier CDFIs for more than 20 years and remains a national leader in its financing. Over the last three years, Chase provided more than $1 billion in loans, grants and investments to CDFIs and their affiliates, committing $100 million toward CDFIs last year: $50 million for charter schools, in conjunction with a larger $325 million charter school initiative; $25 million to small businesses; and $25 million for other community needs, to be announced at a later date.

Nationwide, there are more than 1,000 CDFIs with a collective $25 billion in assets. The primary mission of CDFIs is community development and the development of programs and strategies to meet the needs of low-income communities. CDFIs provide comprehensive credit, investment, banking and development services and are certified by the U.S. Department of Treasury’s CDFI Fund. They have lent and invested billions of dollars in our nation’s most distressed and underserved communities, through innovative products and services that effectively meet the needs of low-income individuals and communities, and respond quickly and effectively to community needs in a way traditional financial services firms cannot.

 

About Chase

Chase is the U.S. consumer and commercial banking business of JPMorgan Chase & Co. (NYSE: JPM), a leading global financial services firm with assets of
$2.1 trillion and operations in more than 60 countries. Chase serves consumers and small businesses through 5,200 bank branches, 16,000 ATMs, mortgage offices, and online and mobile banking as well as through relationships with auto dealerships and schools and universities. Chase also has 90 million credit cards issued. More information about Chase is available at www.chase.com.

 


Back to Philanthropy Giving


 


 




 

 

Featured Philanthropic Events
 & Sustainable Investment Opportunities
 

Follow us on
Black Tie Magazine TV
 

Search the Site

 

 

Help
Jeff Bezos
Spend
 $80,000,000,000
On Philanthropy


Details
Impact Investment

Save the Date

 
delamar

Black Tie International Magazine
& Black Tie China, Present the

Greenwich Financial Investment Forum

Bitcoin, Blockchain and Beyond

Luncheon, Conference and Reception

Delamar Hotel, Greenwich, CT
June 21, 2018

Details


Black Tie Sustainable Investment

DF Aquaculture Capital

A Better Way
 to Produce Seafood

 

DF Aquaculture Capital
Limited

Details
Impact Investment

Black Tie China

Ma Xiaoqiu

Ma Xiaoqiu,
Founder & President
of Dingyifeng Group


To be Presented with the
 Black Tie Magazine
Entrepreneurial
and Philan
t
hropic Award,
 June 21, Greenwich, Ct

Details
Black Tie China

 

Black Tie Philippines

Gerard Mc Keon and Laica Herrera.  Photo by:  GMK/Blacktiemagazine.com

5th Annual Belgium
Cheese & Beer Night
at Manila Polo Club
Black Tie
Philippines



Details

Black Tie Philippines
 

 Celebrity Philanthropy News

Nicky Hilton Rothschild, fashion designer Naeem Khan and Laura Forese, M.D.Photo by:  Stuart Ramson/AP Images for NewYork-Presbyterian


Nicky Hilton
Rothschild
Naeem Khan
Laura Forese, M.D.


Annual
 Lying-In Luncheon
Raises $500K


Details

Celebrity Philanthropy News

 

2018 FACES Gala honorees Deborah and Bill Harlan with Deborah Devinsky and FACES founder and director of NYU Langone's Comprehensive Epilepsy Center, Dr. Orrin Devinsky. (NYU Langone)

NYU Langone 2018
FACES Gala
Raises $5.6 Million
For Epilepsy Research,

Details
Society News

 

Chazz Palminteri Photo by: Mike Pont/Getty Images


Chazz Palminteri


The Bronx
Childrens Museum
2nd Annual Gala
Raises $465,000
 


Details

Celebrity Philanthropy News

 

Musical Director &Conductor Steve Reineke, Honoree is Alan Menken,and Robert De Niro.  Photo by:  Rose Billings/Blacktiemagazine.com

 Steve Reineke
Alan Menken
Robert De Niro

The  New YorkPops
35th Birthday Gala


Details

Celebrity Philanthropy News

 

.  Photo by:  Rose Billings/Blacktiemagazine.com

Brian Grazer
 Veronica Smiley

Time 100
The Most
Influential People
 of 2018


Details

Celebrity Philanthropy News

 

Usher and Sharon Bush with Honoree Harry Belafonte.  Photo by:  Rose Billings/Blacktiemaagzine.com

Usher
Sharon Bush
 Harry Belafonte


RFK Human Rights
Ripple of Hope Awards


Details

Society News

 

Greg Schriefer and Honoree Clive Davis. Photo by:  Rose Billings/Blacktiemagazine.com

Clive Davis

Fifth Annual
Eight Over Eighty
Benefit Gala

 

Details

Celebrity Philanthropy News

 

His Eminence, Timothy Michael Cardinal Dolan, Archbishop of New York.   Photo by:  Julie Robinson

42nd Annual Inner-City Scholarship Fund
 Friends Gala
Raises Over $1 Million


Details

Society News

 

Marion Waxman, Anna Rhodes and Susan Gutfreund.  Photo by:  Joyce Brooks/Blacktiemagazine.com


The Samuel Waxman
Cancer Research Center
Ladies who Lunch
 for a Cure

Details

Celebrity Philanthropy News

 

Global CeylonTea Party

Permanent Mission
 of Sri Lanka
 to the United Nation
s

Global Ceylon Tea Party
in Celebration of the
150th Anniversary of
Ceylon Tea


Details

Society News

 

©Patrick McMullan Photo - Sean Zanni/PMC

Fresh Air Fund
Annual Spring Gala
Raises $1.7 Million


Details

Society News

 

Siena Rumbough, Gala Co-Chairs, Leah Rumbough, Stanley Rumbough and Ty Jones. Photo by: Rose Billings/Blacktiemaagzine.com

The New York City
 Mission Society
Annual
 Champions for Children
 Gala

Details

Society News

 

Taye Diggs presented the Spirit of Entertainment Award to Nancy O’Dell, co-anchor of Entertainment Tonight

Nancy O'Dell
Taye Diggs
Associates for Breast and  Prostrate Cancer Studies
Annual
Talk of the Town Gala
Beverley Hills, CA


Details

Celebrity Philanthropy News

 

Open Your Hearts Chair Jean Shafiroff, with Honorees Ralph S. Mosca, M.D. Photo by:  Rose Billings/Blacktiemagazine.com

21st Annual
Hamptons Heart Ball


Details
 

Society News

 

National Meningitis Association Rings
The Nasdaq Stock Market Closing Bell


Details
Society News

 

The Ocean Conference

Our oceans, our future: partnering for the implementation of
 Sustainable Development
 Goal 14

United Nations
NYC

Details
Society News

 

Charles Rangel, Representative for Districts New York and David N Dinkins,  106th Mayor of New York City.  Photo by:  Rose Billings/Blacktiemagazine.com

The Inner Circle
 96th
 Annual Charity Show
"Curb Your Narcissism"
 The New York
Hilton Midtown


Details
Society News

 

Peter Regna, Barbara Regna©Patrick McMullan/Photo - Aurora Rose/PMC

LOOT
Opening Night Benefit


Details

Society News

 

Catherina Farrell, John Farrell, Honoree and daughter Caitlin Farrell.  Photo by:  Rose Billings/Blacktiemagazine.com

New-York
 Historical Society
Annual Weekend
With History


Details
Society News

 

ecosoc 2017

ECOSOC   
“Partnerships for
promoting opportunities, increased prosperity and sustainable development
 for all”


Details
Society News

 
 

Kathryn and Leo Vecellio



 
The 62nd Annual
Palm Beach Heart Ball
Raises Over $1 Million




Details

Palm Beach Society

 

 Silvia Frieser (Co-Chair) (Executive Director) Michael Peenik (Co-Chair).  Photo by:  Rose Billings/Blacktiemagazine.com



 The 62nd
Viennese Opera Ball
 




Details

Society News

 

Lois Pope and Dr. Robin Ganzert. Photos by CAPEHART

LIFE's 23rd Annual
"Lady in Red" Gala
Raises More Than
 $1.2 Million

 

Details

Palm Beach Society

 

 Deborra-Lee Furness, Leadership Award Recipient and Cate Blanchett, Presenter.  Photo by:  Rose Billings/Blacktiemagazine.com

Deborra-Lee Furness
 Cate Blanchett

UN Women for Peace Association
Annual
Awards Luncheon

Details
Celebrity Philanthropy News

 

Andrew Solomon, Meryl Streep, Stephen Sondheim

Andrew Solomon
Meryl Streep
Stephen Sondheim


PEN America
Annual Literary Gala
Raises $2 Million


Details
Celebrity Philanthropy News

 

Bob Blasband and Dorothy Lichtenstein, President, Roy Lichtenstein Foundation and Stony Brook Foundation Board Trustee..  Photo by:  Rose Billings/Blacktiemaagzine.com


 

19th Annual
Stars of Stony Brook Gala
Raises Over $7.1 Million




Details

Society News

 

NEW YORK, NY - APRIL 20: (L-R) Fashion designer Issac Mizrahi, honoree Linda Lloyd Lambert and President and CEO of ASPCA, Matt Bershadker attend the ASPCA hosted 20th Annual Bergh Ball at The Plaza Hotel on April 20, 2017 in New York City. (Photo by Bryan Bedder/Getty Images for ASPCA)

 Issac Mizrahi
Linda Lloyd Lambert
  Matt Bershadker
ASPCA
20th Annual Bergh Ball
Raises   $1.5 Million

Details
Society News

 

Crown Prince Alexander, Joyce Brooks


Crown Prince Alexander
 Joyce Brooks



Details
 


Society News

 

Elizabeth Taylor and Kathy Ireland

Elizabeth Taylor
 Kathy Ireland


The Elizabeth Taylor
 AIDS Foundation
Celebrates
 Legendary Stars
 85th Birthday
Details

Celebrity Philanthropy News

 

Jude Demorest, Lee Daniels and Brittany O'Grady.  Photo by:  Vince Bucci

 Jude Demorest
 Lee Daniels
 Brittany O'Grady

Extraordinary Families
2nd Annual Awards Gala
Beverly Hills, CA

Details

Celebrity Philanthropy News
 

 

From left: Dr. Steven J. Corwin, president and CEO of NewYork-Presbyterian, Jessica M. Bibiliowicz, chairman of Weill Cornell Medicine's Board of Overseers, Frank A. Bennack, Jr., chairman of NewYork-Presbyterian's Board of Trustees, and Dr. Augustine M.K. Choi, interim dean of Weill Cornell Medicine, during the annual Cabaret benefit dinner on Nov. 9 at Pier Sixty, Chelsea Piers. The event raised $3.5 million to support the institutions' ongoing work in patient care, biomedical research and medical education..  Photo by:  Studio Brooke

NewYork-Presbyterian
 Weill Cornell Medicine
Annual Cabaret Benefit
 Dinner
Raises $3,5 Million

Details

Society News

 

T. Denny Sanford

T. Denny Sanford
 $100 million Gift
Launches
Sanford Stem Cell
Clinical Center


Details

Society News
 

 

Nancy Grand, Stephen Grand

Nancy &Stephen Grand
commit $50 million
to the
Weizmann Institute
of Science


Details

Society News
 

 

Marc Anthony, Carlos Slim, Petra Nemcova

Marc Anthony
Carlos Slim
Petra Nemcova

Happy
 Hearts Fund
Gala

Details

 Celebrity Philanthropy News

 

Israel's 65th birthday

Israel's
65th
 Anniversary
 $1,216,124,000.00
Birthday gift

Details

Philanthropy Giving
Donate.bz
 

 

Black Tie International Realty

amayan beach, palawan, philippines

 Amayan, Beach,
 Palawan,
 Philippines

348 acres
$5.25 million

Details
International Realty

 

Philanthropy Giving

 
2017 US Charitable Giving
Sets New Record $477.55 Billion

Details

 

Global Sustainability News

 

Cortés Desalination and Tidal Electric Generation Project

 Cortés
Desalination
and Tidal Electric
 Generation Project


Details
Impact Investments

 

sustainable development goals

United Nations 
17
  Sustainable Development Goals (SDG's)

 

Event Resources Directory
 

gerard mc keon, Event Resourcess

Everything you need
to run a
World Class Event

Promote your Services

Event Resource Directory

 

 

Follow us on   Twitter       Facebook

 


 

 
 
 
 
 
 
 
 
 
 

Copyright 2006 Black Tie Magazine. All Rights Reserved .

Privacy Policy |