Bank To Invest $75 Million Into Underserved Communities in the D.C. Area


Foundation: Venture Philanthropy Partners

credit:

JPMorgan Chase has pledged $5 billion in "philanthropic capital and flexible low-cost loans" over the next five years. Wards 7 and 8 in Washington, D.C., will receive about $20 million of that.

"Business must do its part to help solve challenges facing customers and communities it serves," says the vice president of an investment bank. Early education and affordable housing for African-American and Latina families will be among the investments.

Another $5 million will be used to assist a coalition of organizations in developing wealth-building programs for minority developers. Read the Entire Article


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Foundation: DTE Energy Foundation, Grand Traverse Regional Community Foundation, Leelanau Township Community Foundation, Petoskey-Harbor Springs Area Community Foundation

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Foundation: Community Foundation of Greater Memphis

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Foundation: Outer Banks Community Foundation

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Chicago Unveils Upgrades To Summer Jobs Program, Youth Service Corps

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Foundation: Dallas County Foundation

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Foundation: Huron County Community Foundation

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Philanthropy Shaping A New Miami


Many people, organizations and businesses in Miami are actively committed to philanthropy. As Javier Alberto Soto, president and CEO of the Miami Foundation, puts it, “Miami is home to a young, diverse demographic that’s looking for ways to get involved, ways to improve our community that aren’t traditional, like a formal gala.”




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