JPMorgan Chase Launches $30+ Million Initiative to Build & Preserve Wealth in Underserved Communities

JPMorgan Chase is taking a major step toward narrowing the wealth gap by unveiling a multifaceted initiative that includes over $18 million in philanthropic funding and a $12 million impact loan, aimed at helping individuals build and sustain wealth. The program focuses on key pillars: business growth and entrepreneurship, homeownership and community development, career skills, and financial health. Among the efforts are programs to support small business succession, affordable mortgage access, workplace benefit solutions, and fraud prevention, addressing both the creation and preservation of wealth for low- and moderate-income communities. By aligning philanthropic capital with advisory services and innovative products, JPMorgan Chase aims to help more people “build, protect, and pass on” financial assets and opportunities for generations.

Read More: How JP Morgan Chase is helping communities build and preserve wealth