Firm announces Detroit Service Corps to strengthen the city's nonprofit community

Nov 03, 2014

JPMorgan Chase & Co. has announced a new five-year program that sends teams of top-performing employees to Detroit, MI to help strengthen the city's nonprofit community. These employees will utilize their business skills and expertise to help select nonprofit organizations address the city's economic challenges and support those who need it most.

As part of JPMorgan Chase's $100 million, five-year commitment to the city, the inaugural Detroit Service Corps will spend the first three weeks of November on the ground helping four Detroit nonprofit organizations tackle blight, aid community development and facilitate small business growth. Specifically, JPMorgan Chase employees will be supporting critical projects at Eastern Market, Focus: HOPE, Michigan Community Resources and Vanguard Community Development Corporation - all local organizations supporting low and middle income communities.

The initial Detroit Service Corps is made up of 12 JPMorgan Chase employees from across lines of business and locations around the world including New York, Sydney, São Paulo, Mumbai and Hong Kong. Together, they have more than 100 years of work experience at JPMorgan Chase with an average tenure of nearly nine years. Over the next five years, JPMorgan Chase will send additional teams of employees to Detroit annually whose expertise aligns with the needs of Detroit's nonprofit community.

Read the press release.

 

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