JPMorgan Chase wonders if their corporate philanthropy is having an effect, so they gave $10 million to Urban Institute to figure it out for them.
"JPMorgan Chase & Company is spending $10-million to answer a big question: Is its corporate giving making a difference? The financial-services giant expects to commit $1-billion to philanthropy over the next five years and will pay the Urban Institute $10-million during that time to measure efforts that include a $250-million job-skills development program and a $100-million project to help revitalize the City of Detroit." -- Alex Daniels, the Chronicle of Philanthropy
