JPMorgan Chase extends partnership to scale Settle programme
Settle is delighted to announce support from JPMorgan Chase which will help scale our programme to improve the financial capability and independent living skills of young people at risk of experiencing youth homelessness in London.
The continued partnership has set ambitious goals, enabling us to build on our momentum and prevent 480 more young people from becoming homeless in London. JPMorgan Chase has supported Settle since 2019 and the partnership has enabled Settle to grow our organisation and impact. In this time, we have expanded our programme, nearly tripling the number of young people we helped avoid becoming homeless from 42 to 120 young people per year. We have also grown our team from 3 to 14 employees and nearly tripled our annual income.
"Every young person deserves the chance to succeed, despite the difficult start in life they’ve faced. We are grateful and proud to continue our partnership with JPMorgan Chase who share our mission to support young people make a healthy and sustainable transition to independent living and prevent youth homelessness."
– Rich Grahame, Settle’s CEO
"Young people are facing challenging times and those leaving care or at risk of homelessness are particularly at risk of falling through the cracks. We are proud to be supporting Settle in its mission to end youth homelessness, by empowering young Londoners with the resources and practical skills they need to make a healthy, sustainable transition to independent living and a more financially resilient future."
– Stephanie Mestrallet, Head of UK Programmes, Global Philanthropy, JPMorgan Chase
With youth homelessness rising by 40% in the last 5 years and the impact of the current cost of living crisis, Settle’s work is more important now than ever. Our new partnership with JPMorgan Chase follows on from a 5-year grant from The National Lottery Community Fund that was awarded earlier this year. Together, this means we have received £1 million of funding to deliver our new strategy to tackle the youth homelessness crisis. In addition to financial support from JPMorgan Chase, as part of the firm’s Service Corps volunteering program, six employees will be using their professional skills over eight weeks to help explore opportunities for us to scale our programming to new areas and boost our organisational capacity.
Thank you to JPMorgan Chase and all our partners for their continued support, and we look forward to working together to prevent young people from becoming homeless.