JPMorgan Chase Commits $100,000 to Help Local Food Bank Support Families Impacted By COVID-19 Pandemic
December 21, 2020
JPMorgan Chase is providing $100,000 to the Food Bank of Delaware to help local families who are facing food insecurity as a result of the COVID-19 crisis. In total, the firm is committing $300,000 in new philanthropic support to food banks in Wilmington, Delaware; Washington, D.C.; and Oakland, California.
“So many local families have been hard-hit by the COVID-19 pandemic,” said Tom Horne, Chief Operations Officer for JPMC Card Services and the firm’s Delaware Market Leader. “It’s our intent to help address both the immediate needs and the long-term impact of this crisis with commitments like these.”
The Food Bank of Delaware will use these resources to help provide an estimated 300,000 meals to community members in need as demand for food services increases in the face of the pandemic. “We are so grateful for Chase’s support of our COVID-19 relief efforts,” said Food Bank of Delaware Chief Development Officer Larry Haas. “Since the start of the pandemic, we have distributed more than 13 million pounds of food to our neighbors in need. Demands for food assistance have doubled and many of the families we are serving have never needed help before. Thanks to JPMorgan Chase’s support, we will be able to provide 300,000 meals to those in need.”
This builds on commitments JPMorgan Chase made earlier this year to provide immediate healthcare, food and other humanitarian relief globally. Recent research found that substantially more people – a total of over 50 million, including 17 million children – in the U.S. could be food insecure due to the impact of the COVID-19 pandemic.
Making local commitments like this will help provide immediate relief and address the long term impact of COVID-19 on the economy and the communities the firm serves.