JPMorgan Chase said Thursday it has extended its Facebook-powered philanthropic program by two years and $25 million, The Associated Press reports.
Chase Community Giving is a program in which Facebook users vote for their favorite local charities to get a piece of Chase’s charitable dollars. Chase started the program in 2009 with $5 million and has given away $10 million so far to 300 small and local charities.
Starting April 21, Facebook users will be able to vote for local charities with yearly operating expenses of $1 million to $10 million through the Chase Community Giving page. A second round of votes starts May 19.
The company said it is planning another program toward smaller charities later this year.
In all, Chase gave away more than $150 million in 2010.
