In recent years the global philanthropic community has been experimenting with new ways to maximize impact by engaging the full spectrum of financial tools, including grants, debt and equity. At JPMorgan Chase & Co. we are taking a similar approach to our own portfolio of mission-driven investments to ensure that we are using our capital to achieve the greatest social and environmental benefit.
In that spirit, JPMorgan Chase has committed $5 million to Vital Healthcare Capital (V-Cap), an organization that supports quality healthcare and good front-line healthcare jobs in low-income communities. In cities across the country the healthcare sector is booming, bringing with it millions of new jobs.
Source: How innovative strategies can bridge the skills gap in the U.S. | JPMorgan Chase & Co.
