Sincere Generosity Of JPMorgan Chase Knows No Bounds

Chase will provide a $10 million grant to the Seattle Art Museum (SAM), capping a tradition of support begun by Washington Mutual in 1999. The grant will be paid over the next five years. JPMorgan Chase will not be assuming

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Chase will provide a $10 million grant to the Seattle Art Museum (SAM), capping a tradition of support begun by Washington Mutual in 1999. The grant will be paid over the next five years.

JPMorgan Chase will not be assuming Washington Mutual’s lease with the Seattle Art Museum for approximately 240,000 square feet of office space located at 1300 First Avenue in downtown Seattle. JPMorgan Chase and SAM will be working together to coordinate leasing activities and identify possible tenants for the space.

The five-year SAM grant is in addition to Chase’s commitment of $2.65 million in grants to Washington non-profits in 2009, which matches WaMu’s local corporate giving in 2008.

“This gift demonstrates JPMorgan Chase’s commitment to this community,” says Mimi Gates, director of the Seattle Art Museum.

“This grant reflects our special relationship with SAM,” says Kim Davis, president, JPMorgan Chase Foundation. “We strive to be a good corporate citizen in all the communities where we do business.”

L.D.

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