JPMorgan Chase Awards $2 Million for Refugee Assistance

JPMorgan Chase & Co. has announced up to $2 million in donations from its foundation and employees to help address the ongoing refugee crisis in Europe.

Grants totaling $1 million from the JPMorgan Chase Foundation will support humanitarian relief organizations Save the Children, Oxfam, the International Rescue Committee, and the International Medical Corps, all of which are providing vital resources such as food, water, hygienic kits, and medical support to refugees from Syria arriving in Italy, Turkey, Greece, and Lebanon. The foundation also has launched an employee giving campaign that will match employee donations to the four organizations on a dollar-for-dollar basis. Specifically, the foundation will double employee donations up to $500,000, for a total of $1 million in additional support.

The gifts to Save the Children will help that organization scale its efforts in Syria, across the Middle East, and in Europe to ensure that the needs of refugee children and families on the move are met. Oxfam will use its funds to provide clean water, sanitation, and vital support for refugee families in Syria, Jordan, and Lebanon and help those arriving in Italy by providing food, clothes, shoes, and personal hygiene kits, as well as long-term psychological and legal support. The IRC will provide crucial access to clean water and clothing, in addition to information on legal rights for refugees who have arrived in Greece. And the International Medical Corps will deploy mobile medical teams, provide health care services, and distribute urgently needed supplies in Greece, Turkey, Hungary, and across the region.

"Hundreds of thousands of refugees are fleeing their war-torn homelands, desperate for safety and the most basic human needs. Every person deserves to live free of violence and fear and to have access to the resources they need to survive," said Daniel Pinto, head of J.P. Morgan in EMEA and CEO of its corporate and investment bank. "JPMorgan Chase is proud to support Save the Children, Oxfam, International Rescue Committee, and International Medical Corps, who are all on the ground responding."