The $1M fund will help support the college educations of single mothers attending Kingsborough Community College in Brooklyn, New York and Lee College in Houston, Texas.
J P Morgan Asset Management Commits $1 Million to Support Single Mothers as Part of Empowering Change Program blackenterprise.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from blackenterprise.com Daily Mail and Mail on Sunday newspapers.
/PRNewswire/ J.P. Morgan Asset Management today announced a $1 million dollar commitment to support underserved students through commitments made by the.
Share this article
Share this article
NEW YORK, Feb. 23, 2021 /PRNewswire/ JPMorgan Chase today announced initiatives to further support Minority Depository Institutions (MDIs) and diverse-led Community Development Financial Institutions (CDFIs), as part of the firm s recently announced $30 billion commitment to advancing racial equity.
MDIs and CDFIs provide vital financial services in communities that are often underserved. In order to provide this necessary funding to underrepresented communities, many MDIs and CDFIs need additional capital themselves.
These new initiatives are focused on strengthening minority-owned and diverse-led financial institutions by providing additional access to capital, connections to institutional investors, specialty support for Black-led commercial projects and mentorship and training opportunities.
Google Plans to Invest Half a Billion Dollars in JPMorgan s Racial Equity Push institutionalinvestor.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from institutionalinvestor.com Daily Mail and Mail on Sunday newspapers.