JPMorgan Chase CEO Jamie Dimon and his wife, Judith K. Dimon and UNCF are donating $12 million from The James and Judith K. Dimon Foundation to historically Black colleges and universities (HBCUs). The Dimon Fund is part of UNCF’s $1.5B capital campaign to provide economic opportunities. 12 selected UNCF member schools will receive a $5 million institutional match from UNCF’s pooled endowment fund. “Our country’s future and strength depend on our young people. Our system of HBCUs continues to serve as the springboard to success for thousands of students in
CEO of JPMorgan, Jamie Dimon, is standing firm on its diversity, equality, and inclusion commitments after facing pressure from an activist shareholder, as per Business Insider. JPMorgarn Reaffirms DEI commitments During an interview with CNBC at the World Economic Forum in Davos, Switzerland, Dimon said the bank will continue to move forward with its work in DEI work and environmental, social, and governance policies. This month, the National Legal and Policy Center, a conservative nonprofit, suggested that the company assess how executive compensation is linked to the company’s racial equity
