American Red Cross chapters in Greater Rochester, Greater Buffalo and Central New York will benefit from JPMorgan Chase & Co. events in those cities this year.
Corporate Challenge events Upstate to benefit
American Red Cross local disaster relief
This year's Upstate New York JPMorgan Chase & Co. Corporate Challenge events will help the Red Cross aid victims of local disasters.
ROCHESTER, April 11, 2012 — Working families in Upstate New York require almost daily emergency assistance from home fires and other disasters. To help reduce the stress these families endure, the three JPMorgan Chase & Co. Corporate Challenge events in Rochester (May 31), Buffalo (June 7) and Syracuse (June 19) will benefit the local chapters of the American Red Cross.
The American Red Cross chapters in Greater Rochester, Greater Buffalo and Central New York will each receive a donation from the JPMorgan Chase Foundation, on behalf of the Corporate Challenge. This also continues a long-standing tradition upstate where JPMorgan Chase uses the popular Corporate Challenge platform to raise awareness of the good work of not-for-profit organizations.
“In many Buffalo, Rochester and Syracuse neighborhoods, there are several factors that contribute to fires and other disasters,” said E. Malcolm “Sandy” Wolcott, president for JPMorgan Chase & Co. in upstate New York. “Many of the structures are multi-family, built before 1940, and are in high density areas. When an emergency strikes, the Red Cross spends almost $3,000 to provide assistance to a family of four. This relief is key to these families in helping them to regain stability in their lives.
“All Corporate Challenge entrants upstate this year can take pride that their participation will assist the local Red Cross chapter in helping get relief and some peace-of-mind to hard-working people that are the backbone of our local economy,” Wolcott continued. “It’s the perfect example of teamwork.”
The donation provided by the JPMorgan Chase Foundation will all be allocated 100-percent within the local chapter of the American Red Cross in each race city.
“While large, visible disasters such as earthquakes and hurricanes often escalate attention and financial support to the Red Cross, we sometimes struggle to pay for small and medium sized disasters that occur with greater frequency and often impact just as many people. In fact, in an average year, the Red Cross spends about $450 million on disaster relief throughout the United States,” said John Buttrill, CEO of the Greater Rochester Chapter of the American Red Cross. “The Chase Corporate Challenge will help fund both large and small disasters as needed here in the Greater Rochester area and throughout the Finger Lakes region to help our local community recover from everyday disasters.”
In addition to helping victims of disasters, services of the American Red Cross include providing more than 40 percent of the nation's blood.
Registration for the Chase Corporate Challenge events in Rochester, Buffalo and Syracuse are now open. The three races will attract over 30,000 total participants from more than 1,000 upstate New York companies.
“The American Red Cross is thrilled to be a part of the JPMorgan Chase Corporate Challenge,” said American Red Cross Greater Buffalo Executive Director Nancy Blaschak. “Thanks to the generosity of everyone taking part in this great event, when a local family suddenly loses everything in a house fire, the Red Cross is there to turn heartbreak into hope by providing them with food, clothing, shelter and emotional support when they have nowhere else to turn. We can’t thank JPMorgan Chase and everyone taking part in the Corporate Challenge enough for supporting our mission of helping Western New Yorkers prevent, prepare for and respond to disaster.”
“We are thrilled to have been selected as beneficiary of this year’s JPMorgan Chase Corporate Challenge. This support will go a long way in assuring our 2.1 million constituents, from Watertown to Binghamton and points in between, that they can rely on the American Red Cross of CNY to provide disaster response, blood services, health and safety preparedness and services to the Armed Forces,” said Rosie Taravella, Regional Chapter Executive of the American Red Cross Central New York Region.
The American Red Cross shelters, feeds and provides emotional support to victims of disasters; supplies more than 40 percent of the nation's blood; teaches skills that save lives; provides international humanitarian aid; and supports military members and their families. The Red Cross is a not-for-profit organization that depends on volunteers and the generosity of the American public to perform its mission.