JP Morgan Chase Foundation Helps South Bronx Kids Get to College

Sometimes, two heads are better than one. And when it comes to grantmaking, two non-profit organizations can be better than one as well. The Children's Aid Society and the Phipps Community Development Corporation teamed up to develop a birth-through-college initiative to target underserved neighborhoods in the South Bronx. Earlier this year, the collaboration caught the attention of major corporate philanthropy foundation, JP Morgan Chase. (See JP Morgan Chase Foundation: Grants for New Your City).

The JP Morgan Chase Foundation awarded a $300,000 grant to the Children's Aid Society and the Phipps Community Development Corporation to transform poverty-stricken children into college graduates in the South Bronx neighborhood, where graduation rates barely reach 10%. In return, JP Morgan Chase expects this increase in college diplomas to slowly bring the neighborhood's residents out of low-income despair. (See IP Guide: College Readiness Grants). The program's first objective will be to work with community stakeholders to establish educational milestones, monitor student progress, and eliminate learning barriers along the way. They later plan to work with additional organizations to establish programs for health services, domestic violence treatment, and work readiness. When it comes to collaboration, these two organizations just get it. They say the characteristics of successful collaboration are as follows: a common agenda, mutually reinforcing activities, shared measurement systems, and continuous communication.

"We have yet to see two organizations work so seamlessly together around a holistic approach to community development and education, and we are thrilled to be involved," said Gayle Jennings-O'Byrne, Vice President of Global Philanthropy at JPMorgan Chase. "The collective impact concept complements much of the work we are already doing in the area, and we’re eager to stay engaged in the partnership to maximize our impact in the South Bronx."

Chase’s $300,000 grant falls under the jurisdiction of the foundation's education focus area, which is one of its most prominent giving areas. Clearly, Chase likes to see non-profit organizations working together, so you'd be best served to play well with others. If your education-based organization is looking to apply for a collaborative grant with the JP Morgan Chase foundation, you'll need to first submit a Letter of Inquiry and then sit back and wait. Since grant applications are accepted all throughout the year, you've got some time to call up your colleagues and get a collaboration or two in the works.