Tucson: Petfinder.com Foundation receives $25,000 from Chase Giving Programby Karyn Zoldan on May. 05, 2011, under Animal News
Petfinder.com Foundation will receive $25,000 from Chase and the chance to win $500,000 in Round 2, part of Chase’s $25 million commitment to charities over next two years. Located in Tucson, the Foundation is the non-profit arm of Petfinder.com. The Foundation gives grants to Petfinder.com-participating animal charities.
Petfinder.com Foundation is the only Arizona charity to make it to Round 1 and only one of three animal charities.
From the Chase press release
Phoenix, May 5, 2011 – A Tucson non-profit focused on saving animals is among the top 100 Chase charities announced today as Round 1 winners of the Chase Community Giving program. Petfinder.com Foundation will receive a $25,000 grant from Chase and will advance to Round 2 of the Chase Community Giving program, where it has a chance to receive a $500,000 grant from the bank. The Petfinder.com Foundation helps homeless pets by saving lives through adoptions, helping shelters prepare for and recover from disaster and working to make shelters across the country more sustainable.
“Facebook users have spoken and voted for some truly incredible and deserving charities. We are delighted that Chase will make a contribution to each of these worthy causes,” Kimberly Davis, president of the JPMorgan Chase Foundation, said. “We continue to be inspired by the number of outstanding charities that choose to participate in the Chase program and the millions of fans who visit our Facebook page and vote for them. The dedication and enthusiasm of the charities and their supporters is one reason why Chase has committed $25 million for Chase Community Giving to distribute to even more charities over the next two years.”
In Round 2, Petfinder.com Foundation will have the option to submit a “Big Idea” in 1,000 characters or less describing how they would use $500,000 to further its cause. Charities can also submit a 30-second video and five photos demonstrating their “Big Idea.” Beginning May 19, Facebook users will vote again to select the best ideas among the top 100 charities. The 25 charities that receive the most votes will receive between $20,000 and $500,000. The winners of Round 2 will be announced on May 26.
The Spring 2011 program is the third installment of Chase Community Giving. On March 31, Chase announced a two-year, $25 million commitment to the Chase Community Giving program, which allows Facebook’s 500+ million users to choose from hundreds of thousands of charities and vote for them to win grants from Chase. More than 2.5 million Facebook users have “Liked” the Chase Community Giving page. Eligible charities included 501(c)(3) charities with an operating budget from $1 million to $10 million. Later this year, the Chase Community Giving program hosts another contest exclusively for charities with budgets of less than $1 million.
JPMorgan Chase donates a total of more than $150 million annually to thousands of non-profit organizations in local communities, nationally and abroad. This $5 million Facebook effort is in addition to the bank’s traditional philanthropic giving.
For more information and program requirements, visit the giving page. To learn more about what Chase is doing to serve its communities, visit the website.
About Chase: Chase has more than 300 branches, 850 ATMs and serves 2.6 million consumers and over 175,000 businesses in Arizona and is part of JPMorgan Chase & Co. (NYSE: JPM), which donated more than $3.1 million to Arizona charities in 2010.
About Facebook: Founded in February 2004, Facebook’s mission is to give people the power to share and make the world more open and connected. Anyone can sign up for Facebook and interact with the people they know in a trusted environment. Facebook is a privately held company and is headquartered in Palo Alto, Calif.