For additional information in German, please go to www.jpmccc.de
From left, German Federal President Horst Köhler; Ann Kathrin Linsenhoff, head of the German Sport Aid (“Sporthilfe”); and Dr. Karl-Georg Altenburg, German head of JPMorgan, at beneficiary reception at Schloss Bellevue.
German Federal President Köhler welcomes JPMorgan to pre-race beneficiary reception
FRANKFURT, May 7, 2008 - The positive impact of the world's largest road race was easy to see when 10 deaf junior elite athletes of the German Sport Aid Foundation were welcomed to Schloss Bellevue by Germany 's Federal President Horst Köhler.
Together with Ann Kathrin Linsenhoff, head of the German Sport Aid (“Sporthilfe”), and Dr. Karl-Georg Altenburg, German head of JPMorgan, Köhler welcomed the athletes who will benefit from the JPMorgan Chase Corporate Challenge in Frankfurt on June 11. For the second consecutive year a donation for every Corporate Challenge entry will be made to a multi-tiered, educational program called JPMorgan Helps: Handicapped Kids in Motion.
The educational program provides special coaching, support and athletic materials for young, disabled athletes from low-income families.
The elite athletes, from 17 to 22 years old, who gathered at Schloss Bellevue are preparing for the Deaflympics 2009 in Taipei (Taiwan). Part of the Sport Aid program, which is overseen by the federal president, they are being directly helped by donations from the 2007 Corporate Challenge in Frankfurt. For the first time, the sponsorship of the JPMorgan investment bank is making it possible for the highest support level in the junior segment to be extended to the hearing impaired.
The athletes are grateful.
“We are glad that the Sport Aid has put us on equal terms with other athletes,” said twenty-year-old Björn Koch. A multiple world record holder in swimming, Koch will receive an additional 3,000 Euro per year for individual training measures, as will all other 150 junior elite athletes of the Sport Aid.
“We support the projects of the German Sport Aid foundation for disabled sports and the newly introduced junior elite in sports for the hearing impaired with the JPMorgan Chase Corporate Challenge in Frankfurt,” said JPMorgan's Altenburg. “We are thankful and proud that Federal President Köhler has once again taken over the patronage in this year for the largest run in the world and thereby honors the dedication of the runners.”
JPMorgan donated one Euro of the starting fee per runner in 2007 to Sport Aid and subsequently doubled this amount. As a result, total of 135,000 Euro from the 67,500 participants of the 2007 Corporate Challenge in Frankfurt was donated.
This year, a record field of 70,000 is anticipated for the June 11 run in downtown Frankfurt, with the donation again dedicated to Sport Aid for the support of sports for the disabled. For more information about the JPMorgan Chase Corporate Challenge beneficiary program in Frankfurt, please click here.