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JPMorgan Chase & Co. announced Monday that it will donate an additional $8 million grant to support Syracuse University’s Institute for Veterans and Military Families.
The grant from JPMorgan Chase & Co., a founding partner of the institute, will support the IVMF’s national training and research programs over the next three years, according to an SU News release.
“The values that veterans bring to the table character, leadership, teamwork, fortitude align exactly with the principles needed for success in business, and our partnership with SU’s IVMF provides tools and resources that veterans need to live up to this potential and drive innovation across industries,” said Mark Elliott, global head of military and veterans affairs at JPMorgan Chase & Co. and co-chair of the IVMF Advisory Board, in the release.
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JP Morgan Chase donated $8 million to further the programing at Syracuse University s Institute For Veterans and Military Families.
Monica Alvarado was in the technology sector for years beginning with her Air Force career. She attended a V-Wise conference at IVMF and then took a break from tech and rediscovered her love of cooking. Alvarado then opened Bread and Butter Kitchen, a breakfast café, in Annapolis, Maryland, but eventually came back to IVMF for seconds.
“About a year and a half ago I was at that point with the restaurant where I could figure things out, I knew how to manage my recipes and my staff, but I knew that if I wanted to grow I needed to extend my knowledge. That’s why I returned to IVMF,” Alvarado said.
JPMorgan Chase donates $8M to Syracuse University’s Institute for Veterans and Military Families
Updated May 03, 2021;
Posted May 03, 2021
Veterans attend an entrepreneurship and small business class at Syracuse University s Institute for Veterans and Military Families in 2019. Emma Vallelunga
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Syracuse, N.Y. JPMorgan Chase is donating an additional $8 million to Syracuse University’s Institute for Veterans and Military Families to support the institute’s national training and research programs over the next three years.
The donation, which was announced Monday, brings to $34 million the total that the bank has given to the institute since its founding 10 years ago. JP Morgan Chase co-founded the institute in 2011 with a $7.5 million grant.
What Issues Face Military Families? Blue Star Families Survey Wants to Know
Military kids pose for a photo at a parade celebrating the Month of the Military Child. (U.S. Air Force/Jonathan E. Ramos)
For more than a decade, Blue Star Families has brought anecdotal and statistical data to the forefront of discussions surrounding issues affecting military families. In 2020, 11,000 people responded to the survey that covers topics, including finances, family stability, moving, education and employment.
Since 2009, Blue Star Families has worked toward strengthening the voices of military families and connecting them with their civilian neighbors. Each year, they partner with Syracuse University’s Institute for Veterans and Military Families to prepare and analyze the survey results.
Action Zone Veteran entrepreneurs take part in a 2019 class at Action Zone in Tampa. The non-profit organization moved online in 2020 to continue its classes in entrepreneurship for veterans.
The pandemic has forced some veteran-owned businesses to close. But other veteran entrepreneurs say their military experience has helped them withstand hardship.
Army veteran Natacha Delince served two tours in Iraq. While she was deployed, a crisis was unfolding at home. Towards the end of my military career, my Mom had gotten sick, she said. So that kind of opened the gateway and exposed me to healthcare.
When she left the Army in 2012, Delince had to move her mother into a nursing home. She also decided to pursue healthcare as a career - first as a nursing assistant, then as a healthcare administrator. She said the experience of watching her mother decline and die in a nursing home was traumatic. She wasn t aware there were other options, like a group home.