Tag: JP Morgan Chase

Committing to change

WRAG/PHILANTHROPY
In her latest blog post, WRAG president Tamara Lucas Copeland discusses the progression of the Putting Racism on the Table series. It’s more than just learning. (Daily, 4/21)

I am proud of the commitment that philanthropy has made to this learning journey. People who felt that they were sensitive to and understood racism have learned that it is far more nuanced, unconscious, and institutionalized than many would think. We have achieved the goal of knowledge gain. But, this isn’t learning just for the sake of learning.

Philanthropy has been referred to as society’s passing gear. Its position provides a platform for societal change that goes well beyond dollars.

COMMUNITY | The JP Morgan Chase Institute recently released a study tracking and evaluating the spending and saving patterns of millions of their banking customers in 15 metro areas in order to show important trends in how spending has changed due to temporary and more permanent income changes. The data offer important insights to companies, governments, and social profit organizations on the actual economic status of a community. (USCCF, 4/8)

VIRGINIA/ECONOMY | According to new county data, while Arlington’s population continues to grow, the number of jobs continues to decline. (ARLnow, 4/20)

MASS INCARCERATION/SOCIAL JUSTICE | OpinionWhy Mass Incarceration Doesn’t Pay (NYT, 4/21)

SOCIAL PROFITS | Compass, a provider of pro bono consulting services to social profit organizations that benefit the Greater Washington community, has opened their 2016-2017 client application. Each client will receive approximately $150,000 of strategic consulting services free of charge. This year, Compass expects to select 20-25 nonprofits. Click here to learn more.


A brief history of the “romantic” things that people have done in movies that you absolutely, positively should not do in real life.

– Ciara

A look at employment in the social profit sector through the Great Recession

WORKFORCE
New data from the Bureau of Labor Statistics reveal that during the Great Recession, as other industries cut back significantly on hiring and increased layoffs, the social profit sector continued to add jobs – a trend that is likely to reverse, for better or for worse. (WaPo, 3/2)

At the same time, organizations dipped into rainy day funds to stay afloat, resulting in a decline in asset levels. Some workers may have accepted lower wages for non-profit work because of the poor job market, boosting employment as well.

All of that is also why, when the bureau next puts out employment numbers, the figures might show a decrease: Resources are depleted, and the need also isn’t as great.

– A new JPMorgan Chase report, “Tech Jobs for All? Exploring the Promise and Pitfalls of Technology Training in the United States,” takes a look at the rapidly growing and quickly evolving tech training field and the unique obstacles it faces in developing the skilled and diverse workforce required to meet a growing need within the economy. The report is part of  JPMorgan Chase’s $250 million, five-year New Skills at Work initiative to address the mismatch between employer needs and the skills of job seekers..

Opinion: Jobs for the Young in Poor Neighborhoods (NYT, 3/14)

WRAG/RACISM | In her latest blog post, WRAG president Tamara Lucas Copeland poses the question, “When was the last time you talked about racism?,” and explains her view on why you should start. (Daily, 3/15)

COMMUNITY/VIRGINIA | Opinion: Lynn Tadlock, Deputy Executive Director of Giving of the Claude Moore Charitable Foundation and WRAG board chair, shares her views on why urgent reform is necessary to put an end to gerrymandering in the state of Virginia. (Loudoun Times, 3/3)

HIV/AIDS | Eight American cities joined the Fast Track Cities Initiative, established on World AIDS Day in 2014 “to ensure that 90% of people living with HIV know that they have the virus, are taking anti-retroviral treatment medications and in so doing, are keeping the virus suppressed.” Take a look at what those cities, including the District, have been doing to successfully lower their HIV/AIDS rates and increase awareness. Kudos to the Washington AIDS Partnership for being recognized for their work! (Mic, 3/10)

POVERTY | Federal assistance for families in poverty can cover expenses like food, health care, and housing, but with data showing that families in the lowest-income quintile spend around 14 percent of their after-tax income on diapers, advocates are seeking ways to further support those in need with household necessities. (WaPo, 3/14)

HEALTH/EQUITY | WAMU unveils a new, four-part series on the continuing struggle for inclusion that those with developmental disabilities in the District face. (WAMU,  3/ 2016)

ARTS/PHILANTHROPY | Americans Support Increases for Government Arts Funding (ArtsBlog, 3/5)


Perhaps the only thing more significant than turning 100-years-old is being able to do it with three of your lifelong friends.

– Ciara

Third-grade reading proficiency remains stagnant in D.C., declining for some

DISTRICT/EDUCATION
A new analysis of third-grade reading proficiency from 2007-2014 by D.C. Action for Children finds that standardized test scores remained stagnant for District students citywide, and declined for economically disadvantaged students during that period. (WCP, 3/1)

The report highlights other academic gaps. Nine in 10 white third-graders attained proficient scores on the 2014 test, versus 35 and 36 percent of black and Hispanic third-graders, respectively, according to D.C Action for Children.

Based on its findings, the group recommends that D.C. invest even more in early care and education programs such as home visits as well as strengthen early literacy programs such as the D.C. Public Library’s “Books from Birth” program.

Related Event: Literacy is the topic at the next event in WRAG’s 2016 Public Education Speaker Series. Funders, click here to learn more about the event.

How One D.C. Elementary’s 5th Grade Enrollment Highlights Concerns About Middle School (WAMU 3/2)

PHILANTHROPY
–  Well-known native Washingtonian James V. Kimsey, philanthropist and cofounder of America Online, has passed away. (WaPo, 3/1)

– A new website, Successes of Philanthropy, aims to serve as a digital archive of philanthropic wins made by a variety of grant making institutions. The project is supported by a number of organizations, including the JP Morgan Chase Foundation, with strategic input from others, including the Council on Foundations. (Chronicle, 3/1)

HOUSING/POVERTY | Why losing a home means losing everything (WaPo, 2/29)

FOOD
– Find out how Denmark and other places are working to solidify their position as leaders in the fight against food waste. (NPR, 3/1)

The Instagrams of Food Deserts (Atlantic, 3/1)

ARTS | In recognition of Women’s History Month and the public’s general lack of awareness about women in the field, the National Museum of Women in the Arts has launched a campaign challenging everyone to name five women artists . (WCP, 3/1)


When will the cherry blossoms(!) hit peak bloom? Find out here.

– Ciara

New regional effort to boost export activity through the Global Cities Initiative

REGION/ECONOMY
A regional coalition featuring the Metropolitan Washington Council of Governments, the Greater Washington Board of Trade, and the Consortium of Universities of the Washington Metropolitan Area has been chose to take part in the Global Cities Initiative. The initiative is a joint project of the Brookings Institution and JP Morgan Chase, with the goal of creating a unified regional export plan to strengthen the area’s economy. (WaPo, 2/11)

Greater Washington’s entry in the initiative was perhaps the most significant of a series of recent efforts to foster increased cooperation among the District, Northern Virginia and the Maryland suburbs in response to the federal spending cuts known as sequestration.

The three jurisdictions have been such rivals in the past that they had to overcome skepticism at Brookings and JP Morgan Chase about whether they could work together effectively.

WRAG/COMMUNITY | WRAG president Tamara Lucas Copeland shares why WRAG is so focused on pursuing a culture of evaluation in an effort to promote increased, more effective, and more responsible philanthropy. (Daily, 2/11)

CSR | In a newly-released survey from PricewaterhouseCoopers, 64 percent of global CEO respondents cited corporate social responsibility as “core to their business rather than being a standalone program.” The report also shows that CEOs think of social responsibility as key to attracting the most talent and garnering greater trust. (HuffPo, 2/10)

WORKFORCE/DISTRICT | Paid family leave moves forward in D.C. How far will city leap ahead of U.S.? (WaPo, 2/11)

EDUCATION | A new study from the Georgetown Center on Education and the Workforce finds that black students are much less likely to pursue majors in well-paying fields than their white counterparts. Researchers behind the study point to a possible lack in adequate career counseling and hidden resources as factors for the choice to major in lower-paying careers. (Atlantic, 2/10)


What can your job say about who you will pair off with?

– Ciara

How growing up in a poor neighborhood can impact boys and girls differently

GENDER/SOCIAL MOBILITY
A new analysis examines how childhood environment can impact social mobility for boys and girls. The study looks at how boys and girls from the same poor neighborhood are often affected very differently by their surroundings, with boys often experiencing tougher circumstances (City Lab, 2/3):

The researchers analyzed tax records of 10,000 U.S. citizens born between 1980 and 1982 once they turned 30, as well as economic and social data on their parents while they were growing up. Their findings “demonstrate that gender gaps in adulthood have roots in childhood, perhaps because childhood disadvantage is especially harmful for boys.” The findings are significant not just in understanding how place matters for social mobility of men and women, but for explaining trends about the U.S. labor force as a whole.

Related: WRAG is kicking off our 2016 Brightest Minds series, supported by JP Morgan Chase, in which thought leaders share ideas that may make you think about your communities and work in whole new ways. Check out this year’s exciting line-up which includes speaker Eldar Shafir, who will be discussing poverty’s influence on cognition and decision-making. WRAG’s Brightest Minds programs are open to the public.

EDUCATION | This fall, 10 new D.C. Public Schools will begin an extended school year in an effort to combat summer learning loss – a big problem for many children from low-income families. Those schools will join the more than 40 schools in the DCPS system that already have extended days. (WAMU, 2/3)

Related: WRAG is also excited to roll out our 2016 Public Education Speaker Series, supported by the Omega Foundation and and the Tiger Woods Foundation, on a variety of critical topics facing students today. Education Funders: Click here to learn more about the series and to register. Please, note that these programs are open to grantmakers only.

PHILANTHROPY
– A new, first-of-its-kind resource, The Almanac of American Philanthropy, serves as a definitive guide of the “power and cultural importance of American giving.” The book is produced by The Philanthropy Roundtable and features information on great achievements in American philanthropy, the most influential donors, significant ideas, and more. (Philanthropy Roundtable, 2/4)

– The Atlas of Giving estimates a 2.6 percent rise in charitable giving in 2016. (Chronicle, 2/3)

Could Giving Circles Rebuild Philanthropy from the Bottom Up? (NPQ, 2/4)

ARTS | In Ward 8, the Anacostia Arts Center, often considered one of the area’s “best-kept secrets,” shows much promise for the surrounding neighborhood’s growth. (WaPo, 1/28)


Were any of these books featured on your college syllabus?

– Ciara 

Examining the Washington region’s global competitiveness

ECONOMY/REGION
The Brookings Institution and JPMorgan Chase have teamed up on the Global Cities Initiative, a joint project that aims to help leaders in U.S. metropolitan areas reorient their economies toward greater engagement in world markets. Their newly-released report on the Greater Washington region finds areas where the region must improve in order to reach its full potential and bring about greater economic growth. (WBJ, 11/5)

The overall report paints a not-so-subtle picture of a Greater Washington with far more potential if only local leaders could work together to improve the D.C. area’s profile.

“Leaders in many other U.S. regions that face similar economic headwinds are taking active steps to understand and enhance their competitive position and connections in a growing global economy,” the report said.

– A new report from the Urban Land Institute Washington looks at the trends among millennials in the region through an in-depth survey on the housing and transportation habits of those living inside and near the beltway. (Bisnow, 11/4)

HOUSING | In their Matters@Hand thought-leadership series sponsored by Enterprise Community Partners, HAND explores the new Affirmatively Furthering Fair Housing rule, requiring cities, counties and other entities receiving HUD funding to use local data to better identify potential fair housing issues and develop solutions for the communities they serve. (Helping Hands Blog, 11/5)

EDUCATION/DISTRICT | The D.C. Office of Revenue Analysis highlights the demographics behind the recently-released results of the National Assessment of Educational Progress (NAEP) and the Partnership for Assessment of Readiness for College and Careers (PARCC) exams taken by D.C. students. (District Measured, 11/5)

TRANSPORTATION
– Areas east of the Anacostia River have long been void of adequate taxi service. With the emergence of ride hailing services, however, more and more residents are connected to transportation and officials hope to further expand transit options. (WAMU, 11/4)

More Washington workers will get commuter benefits (WaPo, 11/4)

HEALTH | In Reversal, Death Rates Rise for Middle-Aged Whites (NPR, 11/2)

YOUTH/SOCIAL PROFITS | Raise DC announced the recipients of their DC Data Spotlight Awards, recognizing social profit and local education agencies’ use of data in helping District youth succeed. Ten winners were chosen to receive a $10,000 award. For more information about the award and to check out the winners, click here.


The next time someone asks why you haven’t replied to their email, let them know it’s simply because you’re being productive.

– Ciara