JPMorgan partners with Habitat in rebuilding efforts-A A +A
Tuesday, December 31, 2013
A MONTH after super typhoon Yolanda swept through the Visayas regions, JPMorgan Chase & Co.’s senior country officer for the Philippines Roberto Panlilio led a team of employee-volunteers to assist in the rebuilding efforts in Daanbantayan town, Cebu, one of the areas badly hit by the calamity.
“JPMorgan Chase’s contributions go beyond financial assistance. Our employees continue to extend their unwavering support for various volunteer activities through the firm’s good works volunteers program and in partnership with our non-profit partners,” said Panlilio. “We have partnered alongside Habitat for Humanity for over 10 years and provided support and assistance on a variety of community development projects and disaster recovery efforts. We are proud to work with them in extending emergency aid to families affected by this typhoon.”
“This project aims to provide immediate shelter repair assistance to over 2,700 families situated among the most severely impacted areas left by typhoon Yolanda (Haiyan) in Daanbantayan, Cebu and Guian, Eastern Samar. We are grateful for JPMorgan Chase’s commitment to our rebuilding initiatives and thank their employees for helping lead our efforts on the ground,” said Charlie Ayco, Habitat for Humanity Philippines chief executive officer and managing director.
JPMorgan Chase Foundation pledged US$1 million and matched employees’ contributions up to US$250,000, bringing the firm’s total donations to the Philippine disaster relief effort to over US$1.5 million.
Habitat for Humanity, a non-profit partner of JPMorgan Chase globally, received a contribution of US$600,000 from the firm’s United States (US)-based foundation and received over US$300,000 in employee donations and company matching.
Published in the Sun.Star Cebu newspaper on January 01, 2014.