By Carlos Batlle and Sharon R. Treiser, J.P. Morgan Private Bank Naples
Help at the home front
When military members return home, they should have an actual place to call home.
Yet, with veterans returning home each day, the issue of veteran homelessness remains a concern. In 2017, the number of homeless veterans in the U.S. increased for the first time in seven years, rising from 39,400 to about 40,000. According to a recent Collier County Government study, there are currently about 50 homeless veterans in Collier County.
National programs like Operation Homefront’s Homes on the Homefront (HOTH), which finds housing for veterans early-on, are helping. Nationwide, approximately 1.4 million veterans are considered at risk of homelessness due to poverty, lack of support networks and poor living conditions in overcrowded or substandard housing. In response, JPMorgan Chase partnered with HOTH in 2012 to provide mortgage-free homes to veterans, and 241 mortgage-free homes have been awarded to Veterans across Florida since the partnership began.
Mobilizing corporate and private giving
It’s incumbent upon all of us in the business community to coordinate our philanthropic efforts and set an example for our teams, regardless the size of our organization. Corporate philanthropy can be powerful, but private gifts are just as impactful. As we approach the holiday season and Giving Tuesday (this year on December 3, 2019), consider the causes and organizations you would like to give to, along with your methods of support:
Wealth Advisor Carlos Batlle and Senior Banker Sharon R. Treiser serve clients out of J.P Morgan Private Bank in Naples, Florida where they and a team of local professionals provide wealth management advice, strategies and services to successful individuals, family offices, foundations and endowments throughout the region.
The Community Foundation of Collier County Changing Needs Fund, established in 1985 as a visionary way to address emerging gaps or issues, makes grants that impact our community today and tomorrow, whatever the future may bring. Donations to this fund allow the Foundation to continue to be proactive and forward thinking in how to best serve Collier County.
“J.P. Morgan Private Bank” is a brand name for private banking business conducted by JPMorgan Chase & Co. and its subsidiaries worldwide. Bank deposit accounts, such as checking, savings and bank lending, may be subject to approval. Deposit products and related services are offered by JPMorgan Chase Bank, N.A. Member FDIC.