AARP Foundation effort has raised more than $12 million to end hunger in 2011
WASHINGTON, Sept. 8, 2011 /PRNewswire-USNewswire/ -- AARP Foundation announced today that Chase Card Services will join Drive to End Hunger on Jeff Gordon's No. 24 Chevy for the NASCAR Sprint Cup Series races at Richmond International Raceway and Dover International Speedway.
Chase announced earlier this year it will donate $0.03 for each purchase made with the AARP Visa Card from Chase, as well as $1 for each new account opened—up to $2 million each year through 2012—to AARP Foundation for Drive to End Hunger. The AARP Visa Card and Chase logo will appear on the No. 24's hood and trunk lid in support of Drive to End Hunger at the September 10 and October 2 events.
"Chase is excited to strengthen our long-running relationship with AARP through support of Drive to End Hunger," said Emelie Smith Calbick, General Manager, Chase Card Services. "This NASCAR sponsorship is a great way to raise awareness and galvanize support for the important fight against hunger among older Americans."
AARP Foundation also announced it has now raised more than $12 million for Drive to End Hunger through individual and corporate donations in 2011. To date, Drive to End Hunger has provided more than 3.2 million meals for hungry older Americans through local hunger relief organizations. In addition, the Foundation is accepting applications for its hunger innovation grants, which will award between $50,000 to $300,000 to organizations focused on sustainable solutions to end hunger.
"We're so proud of what we have accomplished with the help of companies like Chase, individual donors and the entire NASCAR community," said AARP Foundation President Jo Ann Jenkins. "Just last week, we learned hunger among older Americans has increased nearly 80 percent since 2001. Having Chase renew their support of this cause by joining us on the Drive to End Hunger Chevy will only help further AARP and AARP Foundation's mission of helping Americans 50-plus."
AARP Foundation recently released new research that found 8.8 million Americans 50 and older are at risk of hunger, including 4.9 million 50- to 59-year-olds. A full copy of the report is available at www.aarpfoundation.org.
For more information about Drive to End Hunger, please visit www.drivetoendhunger.org.
Chase is the U.S. consumer and commercial banking business of JPMorgan Chase & Co. (NYSE: JPM), a leading global financial services firm with assets of $2.2 trillion and operations in more than 60 countries. Chase serves consumers and small businesses through 5,200 bank branches, 16,200 ATMs, mortgage offices, and online and mobile banking as well as through relationships with auto dealerships and schools and universities. Chase also has issued more than 90 million credit cards. More information about Chase is available at www.chase.com.
About AARP Foundation
AARP Foundation is AARP's affiliated charity. The Foundation is dedicated to serving vulnerable people 50+ by creating solutions that help them secure the essentials and achieve their best life. AARP Foundation focuses on: hunger, housing, income and isolation as our key mission areas. The Foundation envisions: 'a country free of poverty where no older person feels vulnerable.' Foundation programs are funded by grants, tax-deductible contributions and AARP. For more information about AARP Foundation, please log on to www.aarpfoundation.org.