Spain & Portugal
Corporate Responsibility in Spain & Portugal
J.P. Morgan is committed to building vibrant communities, preserving our environment and promoting an inclusive culture across the globe that benefits people not only today, but for generations to come.
Globally, J.P. Morgan, through the JPMorgan Chase Foundation, provides grants to charities in three areas of focus: Education, Community Development and Arts & Culture. We prioritize our funding efforts to focus on responding to the deepening social need in the communities we serve. Across Spain our commitments include:
- Fundación Tomillo
- Junior Achievement Spain
- Norte Joven
Fundación Tomillo is a non-profit organization established with the aim of promoting individual development and improving social welfare through education, training, job counseling, increasing social networks, analysis and innovation. Fundación Tomillo’s programs target vulnerable and low-income members of society, most of them living in deprived areas in the south of Madrid. Funding from J.P. Morgan will support the consolidation of Tomillo’s current entrepreneurship programs into an integral platform. This will enable Tomillo to offer more coherent and coordinated support to more entrepreneurs, and to promote self-employment amongst all participants in other vocational training programs at Tomillo.
Junior Achievement Spain
Junior Achievement Spain (JA Spain) is an International Member of JA Worldwide and JA-YE Europe whose mission is to inspire and prepare young people to succeed in a global economy. JA Company Program was launched by JA Worldwide in 1919 to enable students around the world to have hands-on experience in starting, running and liquidating a business. With the support and guidance of volunteers from the local business community, students form their own real business enterprise, discover first hand how a company functions and learn about the structure of the free enterprise system and the benefits it provides.
The program enables students to develop new skills such as teamwork, leadership, presentation, planning and financial control as they learn to take responsibility for the success of their own companies. With J.P. Morgan support, JA Spain is developing and expanding JA Company Program to more secondary schools in the Madrid Community as well as other regional areas in Spain. Part of the expansion plan is to update JA Spain’s training and program materials to the UK and US standard through the development of new e-learning and IT tools as well as CD-ROM materials.
Asociación Cultural Norte Joven was established as a non-profit organization in 1985 to offer employment alternatives to socially disadvantaged young people. Its main objective is to promote the social and labor integration of disadvantaged groups by designing personalized training and insertion plans aimed at improving the professional and personal qualifications necessary to become part of the labor market. Over the next two years, J.P. Morgan will help Norte Joven open an additional Basic Education and Vocational Training program at its Fuencarral Centre, to address the shortage of qualified people in manual trades in the Spanish workforce.