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JPMorgan Chase Foundation Awards $100,000 Grant to the FAO

JPMorgan Chase

Front Row (left to right): Jeff Lyttle, JPMorgan Chase; BJSmith, AT&T, FAO Board Member; Matt Elli, Coll Materials, FAO Board Member;Cara Dingus Brook, President & CEO, Foundation for Appalachian Ohio. Back Row (left to right): Ron Cremeans, Duke Energy, FAO BoardMember; Brice Kasee, JPMorgan Chase, Zanesville; Todd Brown, JPMorgan Chase,Coshocton; Jeff Rayis, JPMorgan Chase Asset & Wealth Management

New Concord, OH –The JPMorgan Chase Foundation today awarded a $100,000 grant to the Foundation for Appalachian Ohio (FAO) for its work to improve education in the 32-county region.  As a member of FAO’s ICAN! Corporate Partnership, the JPMorgan Chase Foundation will support formation of a regional effort to track vital educational improvement measures within Appalachian Ohio.

FAO’s ICAN! Corporate Partnership encourages investments to expand educational opportunities and regional philanthropy. FAO and the JPMorgan Chase Foundation will engage partners throughout the region in planning for students’ futures and success with a focus on STEMM (Science, Technology, Engineering, Math and Medicine) education.

”FAO and Chase share a commitment to serving the needs of families in Appalachian Ohio,” said Jeffrey Lyttle, region executive, JPMorgan Chase Foundation.  “The opportunity to improve the quality of education for kids across more than a third of the state of Ohio with a single grant is very compelling for the JPMorgan Chase Foundation.”

The JPMorgan Chase Foundation presented its grant at today’s meeting of the newly formed Appalachian Ohio Business Council at Resource Systems.

An extension of FAO’s signature I’m a Child of Appalachia campaign, the ICAN! Corporate Partnership provides I’m a Child of Appalachia Network® businesses opportunities to invest in enriching quality of life now and in the future. The JPMorgan Chase Foundation joins other ICAN! Corporate Partners committed to collaboratively enhancing available educational opportunities and raising the region’s levels of educational attainment. Current partners include: AEP Ohio, AK Steel, Diagnostic Hybrids, Inc., Duke Energy, EdMap, Inc., the Graham Family, McNational, Inc., Ohio CAT, Oxford Resource Partners, Tata Sons Limited, and the Walmart Foundation.

“The JPMorgan Chase Foundation exemplifies the vital role businesses can play in supporting education and promoting the Appalachian Ohio region,” said Cara Dingus Brook, FAO’s President and CEO. “This is a significant first investment in FAO and its partners to create a 10-year STEMM investment strategy to advance the educational and economic development goals of Appalachian Ohio.”

The JPMorgan Chase Foundation supports nonprofit organizations and community programs in Ohio and around the world.  JPMorgan Chase & Co. (NYSE: JPM), a leading global financial services firm with assets of $2.1 trillion and operations in more than 60 countries. In Ohio, the firm operates more than 280 bank branches and 870 ATMs under the Chase brand, serves 143,000 businesses and employs 20,500.

During its 12 years of service, FAO has developed tools and partnerships to combat regional problems, including investing over $1.7 million in grants and scholarships to meet unique needs and opportunities in communities across Appalachian Ohio.