Participants in the 2008 JPMorgan Chase Corporate Challenge in Sydney on 12 November will be helping a pair of non-for-profit organizations.

Beneficiaries are announced
for Sydney's fastest growing team event

SYDNEY, 29 August 2008 – A pair of not-for-profit organizations will benefit from Sydney 's passion for corporate fitness.

The Oncology Children's Foundation (OCF) and The Sunrise Foundation have been chosen as the beneficiaries for the 2008 JPMorgan Chase Corporate Challenge in Centennial Park. The JPMorgan Chase Foundation will make a donation for each entry to the two organizations.

“The donation to these organizations provides the Sydney business community with one more reason to feel good about their participation in the Corporate Challenge,” said Rob Priestley, Senior Country Officer, JPMorgan Australia and New Zealand. “We're proud that our event not only provides a night of healthy competition and camaraderie for full-time workers, but also gives back meaningfully to the community.”

The eighth running of the JPMorgan Chase Corporate Challenge is set for Wednesday, 12 November at 6:30 p.m. The event has grown consistently since its debut in 2000, drawing 7,678 entrants from 344 companies in 2007. Registration is now available and will remain open until 22 October.

The JPMorgan Chase Foundation donation to Oncology Children's Foundation will help fund the OCF/Team Swans Healthy Choices Community Program. The OCF is a not-for-profit Children's Charity dedicated to helping sick and critically ill children suffering from cancer, leukaemia and other serious cancer related illness and its partnership with the Sydney Swans was also commemorated at last year's Corporate Challenge. Peter Spider Everitt, Jared Crouch and Nick Davis representing TeamSwans took part in the event.

The donation to the Sunrise Foundation will be earmarked to preventative education programs addressing depression for young people aged 12-24. The Foundation's mission is to develop tailored preventative education programs for any audience with the combined aims of educating recipients about depression, increasing the level of awareness and acceptance of mental illness over time, as well as encouraging better help seeking strategies while actively promoting the appropriate pathways available to recipients to seek help.