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Foundation: JPMorgan Chase Foundation
"We're sorry. Something went wrong," the CEO of the JPMorgan Chase Foundation writes on the foundation's blog.
That's the site the foundation runs, and it's been having a bit of a rough year.
In the first six months of the year, the foundation handed out just $18 million, down from $44 million in the same period a year ago, the Washington Post reports.
That's in part because of what the paper calls the "frightening authoritarian movements in the United States and around the world, climate change, rising racism and nativism, growing economic inequality, concentrated corporate power, and assaults on personal freedom and bodily autonomy especially for women and LGBTQIA+ people."
Among the foundation's goals: to "place our focus on building power for those historically denied it," such as communities of color, women, immigrants, and people of color.
"At its heart, organizing builds power solidarity and brings the abstract concept of democracy to life,"
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