JPMorgan Chase Awards $13.8 Million for Veterans Institute

JPMorgan Chase Awards $13.8 Million for Veterans Institute

JPMorgan Chase & Co has announced a five-year, $13.8 million grant to Syracuse University that renews its commitment to the university's Institute for Veterans and Military Families.

The grant will bolster the institute's work to advance the post-service lives of America’s service members, veterans, and their families through innovative programs, research, policy analysis, and program evaluation. As part of its support for the institute, JPMorgan Chase funds the Veterans Career Transition Program, a tuition-free, online career development program for post-9/11 veterans and military spouses that, to date, has awarded more than forty-six hundred certificates to over thirty-four hundred veterans and military spouses.

Established in 2011, Chase’s Office of Military and Veterans Affairs has helped drive bank-wide veteran-related initiatives, including the Veterans Jobs Mission, which was created in partnership with ten other companies to hire a 100,000 veterans. In five years, the coalition of more than 220 members has collectively hired more than 314,000 veterans, and is committed to hiring a total of one million.

"Partnering with Syracuse University to create the IVMF was a natural extension of our firm's long history of support to military service members, veterans, and their families...extend[ing] back to World War I," said JPMorgan Chase COO Matt Zames. "The past five years have seen improvements across the board in how our nation understands and supports veterans and military families, in no small way due to the work of the IVMF. Our continued collaboration will build on that growth and introduce new research and programs around employment, small business, and financial capability for veterans and their families."