Hostos Community College, Phipps Neighborhoods, and Montefiore Health System Announce $1MM Grant from JPMorgan Chase Date: July 17, 2014 Time: 4:20 PM Partners will work to create career opportunities and improve economic outcomes for youth in the South Bronx Phipps Neighborhoods, Montefiore Health System and Hostos Community College recently announced a $1 million grant from JPMorgan Chase to support their Career Network: Healthcare partnership in the South Bronx. The goal of the employer-driven program is to secure employment and/or education for young adults through training and career exploration geared toward a healthcare-related field. “We’re thrilled to have the support of JPMorgan Chase in continuing to address the triple threat of poverty, high unemployment and low academic achievement that impacts the South Bronx,” said Dianne Morales, Executive Director and CEO of Phipps Neighborhoods. “Partnerships, like this one with Montefiore and Hostos, provide innovative solutions that contribute to the financial stability and overall economic well-being of our communities.” With this funding, Phipps Neighborhoods, Montefiore Health System and Hostos Community College will offer an 11-week training program, providing career exploration and training designed to help participants establish long-term self-sufficiency. Upon completion of the program, Montefiore has guaranteed interviews to all students, who will be candidates for one or more of the Health System’s 1,500 existing vacancies. “Montefiore is proud to work with our partners – JPMorgan, Phipps Neighborhoods and Hostos – to develop a healthcare workforce pipeline for Bronx youth,” said Steven M. Safyer, M.D., president and CEO, Montefiore Health System. “With a workforce 23,000 strong, Montefiore is the largest employer in the Bronx. Our collective efforts will both ensure a promising future for Bronx youth and a workforce that will advance Montefiore's excellence in patient care.” The program includes work readiness instruction and career exploration provided by Hostos and Montefiore. Career exploration classes will help participants identify their existing skills and interests while exposing them to the varied career opportunities available in healthcare. “Through the transformative power of education, Hostos opens the door to the American Dream,” said Félix V. Matos Rodríguez, Ph.D., President of Hostos Community College. “By partnering with Phipps Neighborhoods and Montefiore Health System, we are not only impacting the individuals involved in this program, but also the economy of the South Bronx and surrounding communities.” Participants will gain a deeper understanding of work in healthcare by attending training activities and spending one week shadowing staff at Montefiore. Additionally, participants will complete a weeklong internship in the department of their choice in order to delve further into the work. On Wednesday, June 25, the Career Network: Healthcare celebrated its first class of nineteen students as they completed the 11-week program. “By creating an employer-driven program that addresses the issue of unemployment and economic development, Phipps Neighborhoods, Montefiore and Hostos are putting an important stake in the ground,” said Gayle Jennings-O’Byrne, Vice President, JPMorgan Chase Global Philanthropy. “We are excited to support this innovative model as part of our New Skills at Work initiative.” About Phipps Neighborhoods Phipps Neighborhoods helps children, youth, and families in low-income communities rise above poverty. We work in South Bronx neighborhoods where we can address the greatest barriers to lasting success through education and career programs, and access to community resources. We’re dedicated to our neighborhoods for the long term, supporting individuals and families as they establish self-sufficiency. Our services create opportunities for people to thrive in every aspect of their lives. For more information, please visit www.phippsny.org. Follow us on Twitter and like us on Facebook. About Montefiore Health System Montefiore Health System is a premier academic health system and the University Hospital for Albert Einstein College of Medicine. Combining nationally-recognized clinical excellence with a population health perspective that focuses on the health needs of communities, Montefiore delivers coordinated, compassionate, science-driven care where, when and how patients need it most. Montefiore consists of six hospitals and an extended care facility with a total of 2,059 beds, a School of Nursing, and state-of-the-art primary and specialty care provided through a network of more than 160 locations across the region, including the largest school health program in the nation and a home health program. For more information, please visit www.montefiorehealthsystem.org. Follow us on Twitter; like us on Facebook; view us on YouTube. About JPMorgan Chase JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.4 trillion and operations worldwide. The Firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com. About Hostos Community College Eugenio María de Hostos Community College is an educational agent for change that has been transforming and improving the quality of life in the South Bronx and neighboring communities since 1968. It serves as a gateway to intellectual growth and socioeconomic mobility, as well as a point of departure for lifelong learning, success in professional careers, and transfer to advanced higher education programs. The College’s unique "Student Success Coaching Unit" provides students with individualized guidance and exemplifies its emphasis on student support services. Hostos offers 29 associate degree programs and five certificate programs that facilitate easy transfer to CUNY’s four-year colleges or baccalaureate studies at other institutions. The College has an award-winning Division of Continuing Education & Workforce Development that offers professional development courses and certificate-bearing workforce training programs. Hostos is part of The City University of New York (CUNY), the nation’s leading urban public university, which serves more than 480,000 students at 24 colleges.