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Indianapolis Super Bowl project gets $1M boost

Associated Press
November 5, 2010
Keywords
Banking & Finance, Banks, Corporate Philanthropy, JPMorgan Chase, Philanthropy, Regional/National Banks
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The JPMorgan Chase Foundation is donating $1 million to complete funding for an $11.2 million health and recreation center in Indianapolis tied to the city's hosting of the 2012 Super Bowl.

The grant clears the way for construction of the Chase Near Eastside Legacy Center. It will include an NFL Youth Education Town.

The facility is scheduled to open in January 2012. The John H. Boner Community Center will own the facility and operate it jointly with Indianapolis Public Schools.

The Indianapolis Super Bowl Host Committee says the center is a key part of its legacy project to revitalize the near-east-side neighborhood.

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  • Good News
    ChrisNovember 8, 2010 5:25 AM
    Midwest, I am not sure why you are complaining about a private company contributing money for a community center??? The motivation may have been the Super Bowl, but the community center is a public facility and Chase is a private company. What does this have to do with tax dollars? And, it really has nothing to do with professional sports either. If you want to complain about tax dollars going to sports, then complain about the Ballard administration and the Capital Improvement Board siphoning off property tax dollars to subsidize the Pacers, but skip the rants over this community center project.

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  • While libraries and schools close
    SteveLaudigNovember 7, 2010 3:18 AM
    and a billion dollars a day is spent in Afg/Iraq/Pak and a million dollars a year on each soldier.... professional sports gets a million in Indianapolis. Watch the fade
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  • Midwest?
    David SnyderNovember 5, 2010 2:13 PM
    Midwest, this has nothing to do with the game itself. This is all about money that the Super Bowl of 2012 is bringing into the community and the revitalization of the East Side that is starting to occur. To as of how a company can donate $1M to help get a project in a rough area completed and someone can still be upset is beyond me. Rather than reading the title of the article and immediately commenting, maybe you should read the article!
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  • What?!?
    MidwesternerNovember 5, 2010 1:52 PM
    So Chase is donating $1mm and you start a rant about tax dollars. Hmmmm, do you know who's DONATING the other $10mm not tax payers.
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  • Tax Dollars at work
    MidwestNovember 5, 2010 12:47 PM
    Now we know where the tax dollars are going - to finance sports extravaganzas. Unless this can show real, long-term jobs & employment for people not involved in playing or coaching or cheerleading, etc a GAME, this is very annoying. I dont' want to hear about how important major league sports are and the jobs they bring to hotel rooms, fast food joints, restaurants, etc. I want real jobs for many, not a stupid ring for a few.
    Reply to CommentFlag Comment

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