A gift destined to transform lives
In January 2019, JPMorgan Chase made history with the largest corporate donation in the Office of Diversity and Inclusion history in support of a pair of programs targeted at improving the academic success for students of color. The gift toward the Morrill Scholarship Program (MSP) and the Young Scholars Program (YSP) has meant expanded educational opportunities for students and access to a diverse pool of human talent for the corporate investment giant.
As a result of the investment, JPMorgan Chase leaders act as guest speakers in classes, volunteer in community activities and mentor and coach MSP and YSP scholars. In addition, JPMorgan Chase holds events for students at their company locations.
“Too many young people, particularly those from disadvantaged backgrounds, lack access to the right skills and education they need to get ahead,” said Corrine Burger, chief control officer for JPMorgan Chase's Consumer and Community Bank and Asset and Wealth Management. “This investment is laser-focused on providing financial support and services to students from diverse backgrounds and pathways to good jobs.”
Vice Provost for the Office of Diversity and Inclusion, Dr. James L. Moore III, said the partnership has paid immediate dividends by enhancing the college experience for the undergraduate scholars in the targeted programs. “I believe that the JPMorgan Chase and ODI partnership could be a model for other companies and universities,” Moore said.