Jamie and Judith Dimon donate $12M to 12 historically Black colleges

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JPMorgan Chase CEO Jamie Dimon and his wife Judith have donated $12 million to twelve historically Black colleges and universities (HBCUs). The contribution establishes the Dimon Fund to Advance Economic Opportunity, aimed at supporting students at these institutions. The funds will be provided as permanent endowment capital, ensuring long-term financial support for each school. The twelve HBCUs were selected based on their leadership quality and track record in preparing students. This latest gift reflects the Dimon Foundation's broader commitment to education and economic mobility.

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