Since its
inception, Chase Community Giving has attracted more than
2.4 million fans that determined the winners from more than
500,000 participating charities nationwide. Chase is
currently preparing for its Spring 2011 program, which will
begin online Monday, April 4, and will focus on local
charities with annual operating expenses from $1 million to
$10 million. Plans are also underway for another program
later this year geared toward smaller, more local charities.
“I want to thank all of the charities
for their hard work and dedication,” Jamie Dimon, Chairman
and CEO of JPMorgan Chase, said. “Their enthusiasm and
commitment are making a difference in many local communities
across the country. We’re proud that Chase Community Giving
is empowering them to do so.”
As part of
the 2011 kick-off, Chase Community Giving is hosting a forum
today at 12:30 p.m. EDT that will be broadcast
live on Facebook. “Chase Charity Insights: Conversations
on Social Media,” will connect nonprofits with social
media and philanthropy thought leaders. These experts will
share insights on how to use social media to help charities
achieve their goals. Jack Dorsey,
Executive Chairman and Creator of Twitter and CEO of Square,
will host the event. Panelists include: Matt Jacobson,
Director of Market Development at Facebook; Holly Ross,
Executive Director of the Nonprofit Technology Network (NTEN);
and Zachary Sniderman, Assistant Editor of Social Good at
Mashable. Facebook users can watch the forum live and engage
in Q&A on Facebook and Twitter (@chasegiving).
“We've
learned that the social media outreach process is extremely
valuable – even for the charities that haven't finished
among the winners,” Kimberly Davis, President of JPMorgan
Chase Foundation, said. “We developed Chase Charity Insights
to help all participating organizations take full advantage
of social media best practices, to spread the word about
their good works, and access new sources of financial
support.”
Facebook’s 500+ million
users are given the opportunity to determine how Chase
allocates a portion of its annual giving by voting for their
favorite charities through the Chase Community Giving
application on Facebook. The Spring 2011 program will award
$5 million over two rounds of voting. The top 100 eligible
charities that receive the most votes in Round 1 will
receive $25,000. Those 100 charities will advance to Round
2, with the top 25 charities receiving the most votes in
Round 2 voting to be awarded additional grants ranging from
$20,000 to $500,000. The Round 1 voting period will be from
April 21 to May 4. Round 2 voting period will be from May 19
to May 25.
To be eligible for the
Spring program, charities have to be a registered 501(c)(3)
public nonprofit, have annual operating expenses from $1
million to no more than $10 million and meet other
requirements as described in the program’s rules. While this
Spring program is geared toward medium-sized charities, our
plans for the next program will focus on smaller charities
with annual operating expenses of $1 million or less. This
$5 million grant is in addition to the bank’s regular
philanthropic giving. JPMorgan Chase donates more than $100
million annually to charitable causes.
For more information on the program, please visit
http://www.facebook.com/ChaseCommunityGiving.
About
Chase
Chase is the
U.S. consumer and commercial banking business of JPMorgan
Chase & Co. (NYSE: JPM), which operates more than 5,400
branches and 16,000 ATMs nationally under the Chase brand.
Chase has more than 90 million credit cards issued and
serves consumers and small businesses through bank branches,
ATMs and mortgage offices as well as through relationships
with auto dealerships and schools and universities. More
information about Chase is available at
www.chase.com.
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