FREMONT, CA — In an average election year, JP Morgan Chase typically makes a large financial contribution to the Presidential Inaugural Committee before the President and Vice President are sworn into office and take their place in the White House. But with 2020 being anything but normal, the bank instead elected to use the money it normally donates toward presidential pomp and circumstance to a philanthropic effort to help feed local families.
JP Morgan Chase recently made a $100,000 contribution to the Alameda County Food Bank as the ongoing coronavirus pandemic has increased the need that food banks and pantries across the country have experienced to help struggling families struggle keep food on the table.
The contribution to the local food bank was part of a larger $300,000 gift that the bank recently made to support local food pantries in Wilmington, Del., And Washington, D.C.
The Alameda County Food Bank will use the contribution to help provide food to local families in need at a time when requests for assistance from the food bank have grown significantly. The recent donations JP Morgan Chase made to the food banks came after it made provide healthcare, food and other items to humanitarian efforts around the world.
“The physical toll of the pandemic has created an unprecedented demand for food here in the Bay Area and across the country,” James Vossoughi, vice president for community development banking and the local volunteer leadership chair at JPMorgan Chase, said in a news release announcing the donation. “Hunger is tough on families especially during this time of year. With these funds, JPMorgan Chase will continue to support our neighbors so that families can get back up on their feet and put food on their tables.”
Patch has partnered with Feeding America to help raise awareness on behalf of the millions of Americans facing hunger. Feeding America, which supports 200 food banks across the country, estimates that in 2020, more than 50 million Americans will not have enough nutritious food to eat due to the effects of the coronavirus pandemic. This is a Patch social good project; Feeding America receives 100 percent of donations. Find out how you can donate in your community or find a food pantry near you.