Aug 18, 2016
Baton Rouge – JPMorgan Chase & Co. will donate $200,000 from its foundation to support flood relief efforts in Louisiana, the firm announced today. The grants will assist the American Red Cross-Louisiana Region and two United Way chapters in the state – the Capital Area United Way and the United Way of Acadiana – that are providing critical short- and long-term support to the affected communities.
“The flooding has had a heartbreaking impact on thousands of our customers, neighbors and employees in Louisiana,” said Janet Olson, Baton Rouge Market President, JPMorgan Chase. “Our support will help victims of the flooding gain access to critical resources they need to recover and come back stronger.”
Specifically, the Red Cross will receive $100,000 and the United Way chapters will each receive $50,000. They will use this funding to provide residents with immediate assistance such as food, shelter, medical care and clothing, in addition to longer-term support to help rebuild communities.