|[January 17, 2013]
Chase Announces Major Gift to The Team Gleason House
NEW ORLEANS --(Business Wire)--
Chase announced today a $350,000 grant to The Team Gleason House for
Innovative Living, funding the development of technologies that will
help ALS and MS patients continue living more productive and purposeful
The Team Gleason House will be located at St. Margaret's Skilled Nursing
Residence and will be the second U.S. facility of its kind. The
collaboration between Chase and Team Gleason also supports New Orleans'
effort to develop a thriving BioDistrict and support innovation as a
means to strengthen the local economy.
"The Team Gleason House was only a dream less than a year ago. Through
our efforts and the extraordinary efforts of Chase and St. Margaret's,
we have realized that dream so ALS patients can continue to live, thrive
and contribute to the community," said Steve Gleason, founder of Team
Gleason. "Until there is a medical cure for ALS, technology is the cure
and we are proving that today."
A folk hero on and off the field, the former Saints player has become a
symbol of the city's determination and perseverance. His celebrated
punt-block on the night the Superdome reopened in 2006 renewed hope that
New Orleans was ready for a big comeback.
"That was the day when the people of New Orleans began to believe that
we can win again," New Orleans Mayor Mitch Landrieu said. "What Steve
did is prove that no matter how bad things got, if we work hard and come
together, we can turn it around. What's in his heart represents the best
that the city of New Orleans has to offer."
Gleason retired from football in 2008 and was diagnosed with ALS in
2010. He has made it his mission to show ALS patients can not only live
but thrive after this diagnosis. In doing so, he hopes to inspire others
to do the same.
The Team Gleason House for Innovative Living will be a residential
facility within St. Margaret's that provides care for people living with
incurable neuromuscular disorders, such as ALS and MS. Since these
diseases are incurable, The Team Gleason House's approach will focus on
mploying technology that allows patients to control doors, lights,
televisions, shades, and other devices through eye-sensitive
The Team Gleason House for Innovative Living will be located within one
mile of the city's new BioDistrict, which is expected to provide
employment for 5,500 people in its first five years. Over 10 years,
13,400 direct and indirect jobs are expected to be created.
"The Team Gleason House will be equipped with cutting-edge technology,
making it part of the city's progress in developing a more
entrepreneurial, innovative economy," said Todd Maclin, Chairman of
Chase Consumer and Commercial Banking. "Investing in biosciences and
digital technology will create more economic diversity and greater
opportunity in New Orleans."
Since Hurricane Katrina, Chase has donated more than $30 million to
non-profits working in Louisiana. In New Orleans, Chase is working with
non-profits, residents, and other funders to support the city's
transformation, focusing on two high-need neighborhoods: Central City
and Treme. Highlights include support for revitalizing the historic OC
Haley Boulevard; grants for the Chase Business Incubator, which provides
essential services to low-income, minority and women-owned small
businesses; and the CP3 Afterschool Zone, an enriching afterschool
program for children in Central City. Chase also supports the Idea
Village, a nationally-recognized leader working to catalyze an
entrepreneurial ecosystem in New Orleans.
In addition to the firm's philanthropy, Chase has provided special
financing for $294 million worth of affordable and mixed income housing
- more than 4,200 units - in Louisiana since 2005. Projects include the
redevelopment of the Lafitte Public Housing in Treme, financing for the
King Rampart Street apartments in Central City, and financing for the
historic rehabilitation of 1501 Canal Street into housing for seniors.
Chase employees and their families will be volunteering today to help
create a garden at The Team Gleason House for Innovative Living. The
garden honors Chase's former Baton Rouge Market President Kevin Kelty,
who lives with ALS. The garden will provide a peaceful atmosphere for
residents and their families. Several scientific studies have concluded
that a garden can reduce patients' levels of pain
"Steve Gleason inspired our city when he blocked that punt," said
Lizette Terral, President of Chase in New Orleans. "But even more
inspiring is his work to prove ALS patients can still lead productive
lives. Chase is very proud to partner with Steve and Team Gleason."
About Team Gleason
The Gleason Initiative Foundation is a charitable 501c3 non-profit
corporation with the mission to help provide individuals with
neuromuscular diseases or injuries with leading edge technology,
equipment and services. It also works to raise public awareness toward
amyotrophic lateral sclerosis "ALS" by providing and documenting
extraordinary life adventures for individuals with muscular diseases or
Chase has 4,600 employees and 155 branches in Louisiana and is the
state's #1 Small Business Administration lender. The bank serves 1.6
million consumers across the state. Chase has extended more than $9
billion in credit to businesses, individuals and governments in
Louisiana. Chase also has provided financing for a number of notable
Community Development projects in New Orleans, including The Blue Plate
Lofts and the Saenger Theater.
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