Chase Community Giving: Round 2

Chase is starting its second round of giving with Facebook.  Only
orgs that have budgets of less than $1 million are eligible.  The
awards range form 20k to 250k.

JPMorgan Chase has announced that it will launch the second round of
its $5 million community giving program on the social networking site
Facebook on June 15.

To underscore the smaller, more local focus of the bank’s Community
Giving Summer 2010 program, only 501(c)(3) organizations with
operating budgets of $1 million or less will be eligible to receive a
grant. The organization that receives the most votes by July 12 will
receive $250,000, while four runners-up will each receive $100,000 and
the rest of the top two hundred vote-getters will each receive
$20,000.

Based on feedback from participants in the first Chase Community
Giving contest, charities will be allowed to edit and include media in
their profiles, and voters can earn badges as well as the right to
“gift” votes. Winning charities from round one are not eligible to
participate in round two. As in the previous round, funding provided
through the program is in addition to the bank’s regular philanthropic
giving, which totals more than $100 million a year.

“As a company, we’re highly committed to serving our local
communities, and Chase Community Giving has proven to be an innovative
approach to philanthropic giving at the local level,” said Chase
chairman and CEO Jamie Dimon. “We’ve now seen that when corporations
listen to the communities they serve, they can learn a great deal and,
in turn, help worthy causes achieve goals that would have never been
possible.”

http://foundationcenter.org/pnd/news/story.jhtml?id=296700015

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