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JPMorgan Chase Pledges $400 Million to Expand Affordable Housing for People of Color

JPMorgan Chase’s commitment, which includes low-cost loans, investment capital, and grants, will support nonprofit groups and other organizations that work to increase the affordability and stability of housing options for Black and Latinx households.Newsday via Getty Images

June 16, 2021 | Read Time: 4 minutes

Here are notable new grant awards compiled by the Chronicle:

JPMorgan Chase

$400 million over five years to support nonprofit groups and other organizations that work to increase the affordability and stability of housing options for Black and Latinx households. The commitment includes low-cost loans, investment capital, and grants.

George S. and Dolores Doré Eccles Foundation and Nora Eccles Treadwell Foundation

$110 million to the University of Utah for its School of Medicine to bolster its medical-education programs, research, and patient care, as well as add to its endowment and build a new main facility for the School of Medicine on the health-sciences campus.


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Wyss Foundation

$108 million over five years to African Parks, a conservation group in South Africa, to cover up to half of the operating budgets of nine protected areas in Angola, Benin, Malawi, Mozambique, Rwanda, and Zimbabwe.

William and Flora Hewlett Foundation

$100 million over five years to address climate change by increasing the availability and adoption of electric vehicles in China, Europe, India, and the United States.


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(The Hewlett Foundation is a financial supporter of the Chronicle.)

Duke Endowment

$50 million to Duke University to continue to expand its faculty and research efforts in computation, materials science, and life sciences.

The grant follows a previous donation of $50 million in 2019 to bolster the recruitment of faculty in science, medicine, technology, engineering, and mathematics.

Facebook and Merck


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$40 million commitment to the Alliance for Advancing Health Online, a new program in partnership with the Vaccine Confidence Project, the CDC Foundation, the World Health Organization, and other health organizations to shape how social media and behavioral sciences can be used to improve the health of communities around the world.

Each company is pledging $20 million to the effort.

Early Educator Investment Collaborative

$10.4 million to California State University at Sacramento, the College of Menominee Nation, Georgia State University, North Seattle College, the University of Colorado at Denver, and the University of Hawaii at Mānoa to enhance their early-childhood-education programs.

The grant-making collaborative includes funding from the Ballmer Group, the Bezos Family Foundation, the Bill & Melinda Gates Foundation, the Buffett Early Childhood Fund, the David and Lucile Packard Foundation, the Foundation for Child Development, the Heising-Simons Foundation, and the Stranahan Foundation.


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Pimco Foundation

$10 million to the Global FoodBanking Network to improve access to food for communities worldwide that are suffering from hunger and poverty.

ECMC Foundation

$5 million to City Year to place AmeriCorps teaching aides in elementary and middle schools in Denver; Los Angeles; Miami; New York; Philadelphia; Providence, R.I.; Sacramento; San José, Calif.; Seattle; and Washington during the 2021-22 school year.

Yawkey Foundation


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$5 million to Franciscan Children’s to build its new mental-health center, which will include a gymnasium, private and shared rooms, classrooms, and support spaces for programs. It is expected to begin construction next year.

Heinz Endowments

$4.4 million to help child-care programs in Pittsburgh recover from the pandemic. A grant of $800,000 will support the Hello Baby program of the Allegheny County Department of Human Services. The program connects at-risk families with the services they qualify to receive, such as home visits, health and nutrition support, and child-development and early-education opportunities.

Kern Family Foundation

$2.2 million to Belmont University for the Kern Initiative on Character, Entrepreneurial Mindset, and Purpose, a new cross-disciplinary curriculum within the Thomas F. Frist Jr. College of Medicine.


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Community Foundation for Southeast Michigan

$2 million through its Michigan Justice Fund to support 12 organizations in the state to enact criminal-justice policies that are racially equitable.

Peter G. Peterson Foundation

$1.9 million to Howard University to support its Department of Economics and the Women’s Institute on Science, Race, and Equity. The grant will expand and enhance the American Economic Association Summer Training Program, which aims to increase diversity and inclusion in the field of economics and fiscal policy making.

Arthur Vining Davis Foundations


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$1 million to Fred Rogers Productions to continue production on the PBS Kids television series Daniel Tiger’s Neighborhood and support two new shows, Donkey Hodie and Alma’s Way.

Honeywell

$1 million to the Charlotte Mecklenburg Library Foundation to build a data-visualization lab.

New Grant Opportunity

The Citi Foundation will make another $25 million in grants through its Community Progress Makers program, which provides multiyear, unrestricted grants to community organizations that create economic and social opportunities for urban communities of color across the United States. Organizations that serve people in Chicago, Los Angeles, Miami, New York City, the San Francisco Bay Area, and Washington, D.C., can apply for grants of $500,000 each. The deadline to apply is July 12.


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Send grant announcements to grants.editor@philanthropy.com.

Chronicle of Philanthropy subscribers also have full access to GrantStation’s searchable database of grant opportunities. For more information, visit our grants page.

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