Facebook and JP Morgan Chase are partnering on a charity initiative that will allow any of the 300 million Facebook users to donate across 500,000 local charities.

Facebook users vote for a charity of their choice and the number one choice will receive $1 million. The five runner ups will receive $100,000 and 100 finalists will receive $25,000 each. A special advisory board will be formed that includes actress Eva Longoria, former pro basketball player David Robinson, and Do Something founder Nancy Lublin.