Jan 30, 2020
As communities in China continue to face the impact of the coronavirus outbreak, J.P. Morgan is stepping up to help those in need. Today, the firm is committing $1,000,000 to the China Foundation for Poverty Alleviation (CFPA), an organization supporting relief and recovery efforts in disaster-stricken areas to provide immediate healthcare relief, including procuring and distributing medical supplies, to those who need it most. Beyond this, the philanthropic investment will support CFPA’s continued coordination with local governments across China to bolster disease prevention and resilience efforts in the middle and longer term.
The firm is also continuing to closely monitor the situation with the well-being of all J.P. Morgan employees, and their families, as its top priority.
“We recognize that it has been a challenging time for many of our employees, our clients, their families and the wider community,” said Mark Leung, CEO of J.P. Morgan China. “During difficult times like these, it’s important we come together and harness the resources of our business to help those in need”.