2 months ago
The $4.5 million will be shared between a number of different nonprofit organizations. The breakdown is as follows:
$1 million going to Campaign for Working Families for financial recovery in North Philadelphia,
$1 million to Local Initiatives Support Corporation in partnership with the Latino Equitable Development Collective for economic mobility within Philadelphia’s Latino community,
$1 million for the African Cultural Alliance of North America Inc. for targeted outreach to African and Asian immigrants and low-income communities, and
$1.5 million to Diversified Community Services for housing support, benefits access, and tax services.
Another $1 million in city funds will go to United Way for initiatives that haven’t yet been announced.
JPMorgan Chase has announced a series of new initiatives Tuesday to support Minority Depository Institutions (MDIs) and diverse-led Community Development Financial Institutions (CDFIs) as part of a $30 billion commitment to advancing racial equity over the next five years, especially for Black and Latinx Communities.
Global Citizen Launches A Recovery Plan For The World - A Campaign To End COVID-19 For All And Kickstart A Global Recovery
- With the Support of European Commission President Ursula von der Leyen, Italian Prime Minister Mario Draghi and the World Health Organization Recovery Plan for the World Campaign to Mobilize Citizens, Corporations, Governments, Philanthropists and Artists to Help End COVID-19; Curb the Hunger Crisis; Resume Learning Everywhere; Protect the Planet; and Promote Equity for All -
- Billie Eilish, Coldplay, Femi Kuti, H.E.R., Hugh Jackman, Idris & Sabrina Elba, Jonas Brothers, Lang Lang, Lars Ulrich, Miley Cyrus, Priyanka Chopra Jonas, Rachel Brosnahan, SuperM, Usher and Yemi Alade Join to Support the Recovery Plan for the World Effort -
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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.
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Global Citizen Launches a Recovery Plan for the World - a Campaign to End COVID-19 for All and Kickstart a Global Recovery
Published 02-23-21
Submitted by Global Citizen
– With the Support of European Commission President Ursula von der Leyen, Italian Prime Minister Mario Draghi and the World Health Organization ‘Recovery Plan for the World’ Campaign to Mobilize Citizens, Corporations, Governments, Philanthropists and Artists to Help End COVID-19; Curb the Hunger Crisis; Resume Learning Everywhere; Protect the Planet; and Promote Equity for All –
– Billie Eilish, Coldplay, Femi Kuti, H.E.R., Hugh Jackman, Idris & Sabrina Elba, Jonas Brothers, Lang Lang, Lars Ulrich, Miley Cyrus, Priyanka Chopra Jonas, Rachel Brosnahan, SuperM, Usher and Yemi Alade Join to Support the ‘Recovery Plan for the World’ Effort –