By sharing with Drive to End Hunger $0.03 from each purchase made using an AARP Visa Card and by donating $1 from each new card account opened, JPMorgan Chase contributed nearly $2 million in 2011. That's the estimated equivalent of 750,000 meals for adults over 50.
AARP Foundation has renewed its partnership with Chase Credit Card Services for 2012, with Chase committing to contribute up to $2 million from card purchases and new card accounts. As in 2011, the Chase partnership with AARP Foundation also includes visibility at a number of NASCAR race events. Chase will be a logo sponsor of the No. 24 Drive to End Hunger Chevrolet driven by four-time NASCAR Cup Series champion Jeff Gordon for Hendrick Motorsports. During 2012, there will be five races in which the "AARP®Visa®Card from Chase" logo will appear on the Gordon-driven car.
The five Drive to End Hunger featured races in which Chase will participate are at Bristol (Tenn.) Motor Speedway on March 18, Charlotte (N.C.) Motor Speedway on May 27, Indianapolis Motor Speedway on July 29, Richmond (Va.) International Raceway on Sept. 8 and Dover (Del.) International Speedway on Sept. 30. Chase participated in the Richmond and Dover races last year.
"We're excited to continue supporting AARP Foundation through Drive to End Hunger and we are looking forward to having a greater presence through Jeff Gordon and the sponsorship of the No. 24 Drive to End Hunger Chevrolet," said Ralph Pinto, senior director, Chase Card Services. "One in 11 older Americans is at risk of hunger and Chase is encouraged by the response from card members who want to help address this problem."
Since AARP and AARP Foundation launched Drive to End Hunger in 2011, the initiative has donated more than 5.8 million meals and driven corporate and individual donor commitments with an expected value of $15.6 million.
"Our work with Chase is very important to AARP Foundation and to the many older Americans who don't know where their next meal will come from," said Jo Ann Jenkins, president, AARP Foundation. "Today, nearly 9 million older Americans are threatened by hunger so we appreciate the generosity of Chase, individual donors and the entire NASCAR community."
Chase is the U.S. consumer and commercial banking business of JPMorgan Chase & Co., a leading global financial services firm with assets of $2.3 trillion and operations in more than 60 countries. Chase serves consumers and businesses through a network of locations that includes 5,200 bank branches and 16,200 ATMs.
Also of interest: AARP Foundation tackles hunger proactively. >>