JP Morgan Chase 2010 Annual Report Download - page 3

We continue to focus on the way forward.
Throughout 2010, JPMorgan Chase
supported the economic recovery while
also preparing for the future.
We provided and raised $1.6 trillion for creditworthy
businesses and consumers.
We became the nation’s largest Small Business
Administration lender, more than doubling our
loan volume over 2009. And we approved more
than $250 million in loans to small businesses
through our second review process, making it possible
to turn “no” into “yes.”
We helped hundreds of thousands of homeowners
avoid foreclosure through our outreach counseling.
And we committed more than $3 billion to aordable
housing developments for those in need.
We supported not-for-profits and public services,
raising nearly $100 billion in 2010 for hospitals,
schools and communities across the country.
Additionally, we gave in excess of $190 million*
through grants and sponsorships to thousands of
not-for-profit organizations across the United States
and in more than 25 countries.
Over the past year, we, as always, have
relied on our core values, our commitment
to clients and our fortress balance sheet to
guide our actions. We will continue to serve
our customers and the communities where
they live and work.
This is the way JPMorgan Chase is making
a dierence.
This is the way forward.
* Contributions include charitable giving from JPMorgan Chase & Co. and the JPMorgan Chase Foundation,
and this giving is inclusive of $41.8 million in grants to Community Development Financial Institutions.