Firm donates technology to KIPP NYC
Dec 11, 2012
New York — Continuing its efforts to improve educational opportunities and its support of KIPP (Knowledge is Power Program), JPMorgan Chase (NYSE:JPM) today donated computer hardware estimated to be worth more than $500,000 to KIPP New York, Inc. (KIPP NYC). The donated hardware – three racks of servers and storage – will become a core part of the elementary, middle and high schools' technology infrastructure network and dramatically improve their ability to fulfill and expand their curricula. As KIPP NYC grows into an established, scalable network that sets the pace for high-quality public charter education, the organization will require a parallel evolution of its technology infrastructure. The donation from JPMorgan Chase will catalyze that technology evolution.