MDA WELCOMES CHASE AS SPONSOR OF
JERRY LEWIS LABOR DAY TELETHON
TUCSON, Ariz., Aug 1, 2007 — Chase Card Services, the credit card division of JPMorgan Chase & Co. (NYSE: JPM), and the Muscular Dystrophy Association (MDA) formed a new alliance. Chase is now a national sponsor of the Jerry Lewis MDA Labor Day Telethon.
With this commitment, Chase will donate $5 to MDA for every donation made by viewers during the Telethon using a Chase credit card, with a maximum contribution by Chase of $150,000. Chase offers a selection of credit cards under Visa and MasterCard.
Telethon pledges and contributions in 2006 amounted to more than $61 million in support of MDA. More than 77.4 percent of MDA’s income is dedicated to programs of research, services and education for families affected by muscular dystrophy and other neuromuscular diseases.
MDA National Chairman and Telethon star Jerry Lewis said Chase’s sponsorship is tremendous news for MDA.
“A financial institution with the prestige and national presence of Chase conveys added stature and importance to MDA’s lifesaving mission,” Lewis said. “Every extra dollar raised presents added opportunity to help ‘my kids’ win their battle against devastating diseases.”
“Chase is honored to be a national sponsor of this year’s Telethon to demonstrate our support of the MDA’s longstanding research and education efforts to defeat neuromuscular diseases,” said Jim Peterson, executive vice president, Marketing, Chase Card Services. “With this sponsorship, we’ve also established a convenient way for our cardholders to support this worthy cause.”
The Telethon will be broadcast beginning at 9 p.m. EDT Sept. 2 from the South Point Hotel, Casino & Spa in Las Vegas. The 21½-hour show, combining entertainment and information about neuromuscular diseases, will be carried by MDA’s 190 “Love Network” stations nationwide. It also can be viewed on MDA’s Web site, www.mda.org, via RealNetworks.
About JPMorgan Chase & Co.
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $1.4 trillion and operations in more than 50 countries. The company has more than 140 million credit cards issued. Under the Chase and JPMorgan brands, the firm serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients. Information about the firm is available at www.jpmorganchase.com.
About the MDA
MDA is a voluntary health agency working to defeat more than 40 neuromuscular diseases through programs of worldwide research, comprehensive services and far-reaching professional and public health education. The Association’s programs are funded almost entirely by individual private contributors.
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