JPMorgan Chase has announced that it will continue it’s over five decade’s long relationship with The Ohio State University (OSU) with a $2.5 million investment in two Ohio State programs that support academic success for students of color.
“The Ohio State University is one of the largest sources of talent for our firm, not just here in Columbus, but around the world,” Corrine Burger, Columbus location leader and chief control officer for JPMorgan Chase’s Consumer and Community Bank and Asset and Wealth Management said in the announcement. “We’re proud of the relationship we’ve established with Ohio State and are confident that these new programs will help bring an even more diverse set of talent into the workforce.”
JPMorgan Chase’s gift will go towards to the Morrill Scholarship Program (MSP) and the Young Scholars Program (YSP), which were both created and run by OSU’s Office of Diversity and Inclusion (ODI).
The Morrill Scholarship rewards driven and academically successful incoming freshman students who are actively involved in diversity-focused leadership, service and social justice activities. The Young Scholars Program supports talented, first-generation incoming freshman college students who need financial assistance in order to accomplish their goals of attending and completing college, said OSU officials.
“Too many young people, particularly those from disadvantaged backgrounds, lack access to the right skills and education they need to get ahead,” Burger said. “This investment is laser-focused on providing financial support and services to students from diverse backgrounds and pathways to good jobs. We’re excited to work with Ohio State to create opportunities for these students to have a bright and successful future.”
Founded in 1970 with a mission to construct the university into a model of inclusive academic excellence, ODI is one of the nation’s oldest diversity and inclusion office in the higher ed space.
“The JP Morgan Chase gift is the largest gift ever received by ODI. In my opinion, the gift will give it the needed resources to further enhance the college experience for undergraduate scholars in its Morrill Scholarship Program and Young Scholars Program,” said Dr. James L. Moore III, vice provost for diversity and inclusion and chief diversity officer at OSU.
