NEW YORK--(BUSINESS WIRE)--JPMorgan Chase & Co. will donate $150,000 from its foundation to support the response to Hurricane Matthew. The grants will assist the American Red Cross and the International Medical Corps in providing immediate relief to those affected by the hurricane in the United States, Haiti and Bahamas.
“The devastation caused by Hurricane Matthew is catastrophic,” said Martin Marron, CEO of Latin America and Canada, JPMorgan Chase. “We stand with those communities in the U.S., Haiti and Bahamas who have suffered greatly and now need vital resources to get back on their feet.”
This support will be used by the International Medical Corps to provide health, water and medical care, help prevent the spread of cholera and meet other urgent needs, while the Red Cross will use it to provide shelter and supplies to 70,000 affected individuals.
About JPMorgan Chase & Co.
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.5 trillion and operations worldwide. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.