Articles from Citi Foundation

The Citi Foundation today announced a $5 million grant to support Prosperity Now’s new ABC Initiative (Asset-Building for Children), a program to advance awareness and adoption of existing and emerging child savings opportunities, with a focus on the new Trump Accounts, also known as 530A accounts, among low-income households across the U.S.

The Citi Foundation (“the Foundation”) today launched a $20 million Request for Proposals (RFP) focused on helping address operational and financial barriers to building and preserving affordable housing across the United States. Through this 2026 Housing Supply RFP, part of Citi’s Blueprint for Housing Opportunity initiative, 20 nonprofit housing developers will each receive $1 million to help scale the supply of affordable homes in the communities that need them most.

The Citi Foundation today issued a Request for Proposals (RFP) for its 2025 Global Innovation Challenge, which provides philanthropic support for community organizations to pilot or scale solutions to social and economic issues around the world.

The Citi Foundation today announced a new round of its Community Finance Innovation Fund. With this open Request for Ideas (RFI), the Citi Foundation is committing an additional $25 million in philanthropic support to a new cohort of nonprofit community finance innovators advancing financial inclusion and financial health in low-income communities across the United States.

The Citi Foundation (“the Foundation”) today announced that 16 nonprofits based in the greater New York City area have been selected as part of the fourth cohort of the Community Progress Makers initiative.

The Citi Foundation (“the Foundation”) today announced that nine nonprofits based in Northern California have been selected as part of the fourth cohort of the Community Progress Makers initiative.

The Citi Foundation (“the Foundation”) today announced that nine nonprofits based in Southern California have been selected as part of the fourth cohort of the Community Progress Makers initiative.

The Citi Foundation (the “Foundation”) today issued a Request for Proposals (RFP) for its latest Global Innovation Challenge, a funding model to help scale the impact of nonprofits around the world that are tackling some of society’s most pressing issues. The 2024 Global Innovation Challenge will provide a collective $25 million in catalytic funding to 50 community organizations working in novel ways to address homelessness.

The Citi Foundation today issued a request for proposals (RFP) for the fourth cohort of its Community Progress Makers initiative. With this announcement, the Citi Foundation is doubling down on its support for local communities across the U.S. by committing an additional $50 million to Community Progress Makers, representing a sustained belief in the power of catalytic, trust-based philanthropy to accelerate the pace of progress.

Today, the Citi Foundation announced the grant recipients of its first-ever Global Innovation Challenge, a new model to identify and provide philanthropic support to community organizations that are developing innovative solutions to social and economic challenges facing low-income communities. Initially previewed at the Global Citizen Festival this weekend, the inaugural Global Innovation Challenge is providing a total of $25 million to 50 community organizations working to improve food security and strengthen the financial health of low-income families and communities around the world.

The Citi Foundation (the “Foundation”) today announced its first-ever Global Innovation Challenge to help scale the impact of nonprofits around the world that are developing innovative solutions to improve food security. This inaugural challenge will provide a collective $25 million to 50 organizations to support the piloting or expansion of ideas and projects that are designed to address this issue and strengthen the physical and financial health of low-income families and communities.

The Citi Foundation today announced the 50 nonprofit organizations selected as the newest recipients of the Community Progress Makers initiative. The $25 million grant initiative supports visionary organizations that are working to connect low-income communities and communities of color to greater social and economic opportunity in six cities across the United States: Chicago, Los Angeles, Miami, New York City, San Francisco Bay Area and Washington, D.C. Each Community Progress Maker will receive an unrestricted grant of $500,000 and access to technical assistance and a supportive learning community from 2022 – 2023.

In response to the 7.2 magnitude earthquake in Haiti on Saturday, the Citi Foundation today announced a $250,000 pledge to UNICEF USA to assist with immediate relief efforts.