JPMorgan Chase is donating $5 million to LGBTQ organizations which were impacted by the COVID-19 pandemic, The Hill reviews.
5 nonprofits would be the recipients of $1 million every over the following 4 years to assist help initiatives to construct higher financial inclusion amongst LGBTQ youth, workforce and elder communities.
Brian Lamb, the World Head of Range and Inclusion for JPMorgan Chase, mentioned in a press release, “Collectively, we are able to do extra to construct a tradition of respect and inclusion all over the world. These partnerships are a high precedence as a result of now, greater than ever, we have to lock arms with our LGBT+ staff, prospects and companions to advertise equality and higher serve our communities after they want it most.”
The recipients, and the way they may use their donations, embrace:
GLSEN — This nonprofit combats anti-LGBTQ discrimination, harassment, and bullying in faculties. GLSEN will develop packages for pupil leaders and educators in addition to “racial fairness capacity-building” all through their group.
Out & Equal Office Advocates — Based mostly in California, the group advocates for office equality. Cash acquired will fund a brand new program designed to advertise transgender staff into government and senior management positions.
Providers & Advocacy for LGBT Elders (SAGE) — One of many oldest nonprofits particularly devoted to older LGBTQ folks within the U.S. SAGE will use their donation to fund the SAGE Middle Intergenerational Hub at its Crotona Satisfaction Home within the Bronx borough of New York Metropolis.
The San Francisco AIDS Basis — Based firstly of the HIV/AIDS pandemic, the cash from JPMorgan Chase will assist fund free and accessible well being look after the transgender neighborhood and develop the transgender well being workforce.
The Middle — Based mostly in New York, this nonprofit goals to supply LGBTQ folks with alternatives for financial development, amongst different avenues of help. The Middle will use its donation to fund a brand new profession planning and financial development program.
Whereas solely three p.c of JPMorgan Chases’ complete workforce in 2019 recognized overtly as LGBTQ, the corporate has enacted pro-LGBTQ insurance policies and believes that companies ought to prepared the ground towards higher equality within the U.S. and overseas. Final yr, the corporate’s CEO, Jamie Dimon, spoke out towards the Trump administration’s roll-back of protections for the transgender neighborhood.
Amongst a clutch of LGBTQ-related awards lately, JPMorgan Chase has been acknowledged by the LGBTQ100 ESG Index (in 2020) as “one of many high 100 firms that Advance Equality for the LGBTQ neighborhood in Company America,” and by the Hispanic Community Journal (in 2019) as “High Employers; High Provider Range Applications; and High LGBTQ+ Pleasant Corporations.”
Kevin Schattenkirk is an ethnomusicologist and pop music aficionado.
