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Chase Commits $5 Million for Innovative Giving Program on Facebook

Published December 10, 2009

JPMorgan Chase announced the launch of a $5 million community giving program on Facebook.  The grassroots campaign aims to inspire a new way of corporate philanthropy.   The Chase Community Giving program invites Facebook users to nominate and vote on nonprofit organizations with operating budgets of no more than $10 million working in the areas of education, housing, the environment, health and human services, arts and culture, and animal welfare to receive grants from Chase.  The one hundred organizations that receive the most votes by December 11th will each receive $25,000 and advance to the second round where they will have the option to submit a "million Dollar Proposal" to Facebook users detailing the difference they will make in their local communities with the extra resources.   The organization receiving the most votes will be announced on February 1st, 2010.