JPMorgan Chase and Syracuse University Renew Partnership to Support Institute for Veterans and Military Families (IVMF)
The Institute will receive $13.8 million from JPMorgan Chase to continue its mission of advancing the post-service lives of transitioning service members, Veterans and military families.
Five years after cofounding the Institute for Veterans and Military Families (IVMF) at Syracuse University, JPMorgan Chase & Co. and the university announced today a renewed $13.8 million commitment through 2020 to support the Institute’s mission of advancing the post-service lives of America’s service members, Veterans and their families. Since its founding, Veterans and military spouses across the country, and around the world, have benefited from the IVMF’s innovative programs, research, policy analysis, and program evaluation. JPMorgan Chase remains the Institute’s largest corporate contributor.
Over the coming months, Chase will begin piloting seven new digital enhancements to make banking even more convenient.
Matt Zames, Chief Operating Officer of JPMorgan Chase
Zames and Veterans from the firm took part in a presentation ceremony with Syracuse University Vice Chancellor Mike Haynie during Saturday’s (Feb. 27) basketball game vs. North Carolina State.
Syracuse University student and U.S. Marine Corps Reservist Lance Corporal Kevin Lee; JPMorgan Chase employee and U.S. Army Veteran Harris Morris; Syracuse University Chancellor Kent Syverud; JPMorgan Chase Chief Operating Officer Matt Zames; IVMF Executive Director Mike Haynie; JPMorgan Chase employee and U.S. Army Veteran Chris McCoy; and IVMF board member Vice Admiral Robert Murrett (USN, Ret.)
Kent Syverud, Syracuse University Chancellor and President
JPMorgan Chase co-founded the IVMF at Syracuse University, the first national institute in higher education focused on social, economic, education and policy issues impacting Veterans and their families. As part of its support for IVMF, JPMorgan Chase funds the Veterans Career Transition Program (VCTP), a tuition-free, online career development program for post-9/11 Veterans and military spouses. More than 4,600 certificates have been earned by over 3,400 Veterans and military spouses. Approximately 1,800 more are currently enrolled in the program.
Dr. Mike Haynie, IVMF Executive Director and Vice Chancellor for Veteran and Military Affairs at Syracuse University
This partnership renewal is part of JPMorgan Chase’s ongoing commitment to the Veteran and military communities. This year marks the fifth anniversary of JPMorgan Chase’s Office of Military and Veterans Affairs, established to drive firm-wide Veteran-related initiatives. Since 2011, more than 10,000 Veterans have joined the ranks of JPMorgan Chase, and the firm has developed programs aimed at retaining and supporting them throughout their careers. These efforts include leading the Veteran Jobs Mission – previously the 100,000 Jobs Mission – a coalition founded in 2011 by JPMorgan Chase and 10 other companies with the goal of hiring 100,000 Veterans. Now 220 members strong, the coalition has collectively hired more than 314,000 Veterans, and is committed to hiring 1 million.