The National Medal of Honor Museum Foundation announced a $1 million donation Thursday from JP Morgan Chase.
The nation’s largest bank will join individual and corporate donors that have given more than $100 million to the foundation, which is building the National Medal of Honor Museum in Arlington.
The museum will share stories of some of the 3,500 people who have received the National Medal of Honor, the country’s highest honor for valor in combat.
“This museum will be a treasure for the people of Texas and this nation. It will have so much to teach us,” Elaine Agather, chairman of JP Morgan Chase in Dallas, said in a written statement. “We need to learn the lessons of these heroes’ leadership and bravery.”
JP Morgan Chase’s donation comes as the foundation is in its final fundraising stretch before it begins construction. It is working to secure an additional $40 million by the end of the year, the foundation said in a news release.
The museum is expected to break ground early next year and open in 2024. The foundation is also building a National Medal of Honor Monument in Washington, D.C.