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The Citi Foundation is committed to enhancing economic opportunities for underserved individuals and families in the communities where we work throughout the world. In the U.S. and Canada, the Citi Foundation supports Community Development programs that help build and revitalize neighborhoods and Education programs that prepare students for college and careers.
Globally, the Citi Foundation is focusing its giving on Microfinance and Microentrepreneurship, which helps individuals become economically self-sufficient; Small and Growing Businesses leading to economic expansion and job creation; Education, which prepares young people for personal and professional success; Financial Education, which helps individuals make informed financial decisions; and the Environment with a focus on sustainable enterprises that generate jobs and stimulate economic growth while preserving the environment.
For more information about the Citi Foundation's areas of focus, please follow the links below:
Community Development
The Citi Foundation is committed to maintaining economically vibrant communities throughout the U.S. and Canada. We will support nonprofit community development corporations (CDCs), community development intermediaries and community development financial institutions (CDFIs) to implement programs that have a positive impact on their communities.
We will consider supporting programs that:
- Develop or preserve affordable housing for rent or purchase by low- to moderate-income individual and families;
- Revitalize underserved neighborhoods through the rehabilitation of commercial corridors; brownfield clean-up; or the development of community facilities such as charter schools, community centers or after-school facilities; or
- Build the capacity of community development organizations to better serve their communities through management training and technical assistance in such topics as program development and implementation, impact measurement, strategic planning, finance and board governance.
Education
The Citi Foundation's grantmaking will focus on addressing critical barriers to low-income and minority students achieving personal and professional success. Through Citi's "Building Bridges to College and Career" initiative, we will support programs that build the capacity of high schools and nonprofit organizations to increase college enrollment rates, build awareness of career opportunities and develop an understanding about options for financing a college education.
We will consider supporting programs that:
- Build awareness of post-secondary education and career options;
- Increase academic readiness for college through study skills, course planning and test preparation;
- Assist students throughout the college search, application and financial aid process; or
- Provide financial education about paying for college.
Financial Education - Youth
The Citi Foundation is committed to helping young people develop the skills to manage their personal finances responsibly, build assets, achieve their financial goals and make informed financial decisions.
We will consider supporting programs that:
- Provide personal financial education to young people through in-school and after school programs that develop students' financial planning and money management skills; or
- Increase knowledge about the importance of budgeting, spending wisely, saving and investing and managing credit and debt responsibly.
Financial Education - Adult
The Citi Foundation is committed to ensuring that adults and entrepreneurs understand how to use financial resources to help them achieve their personal and business goals. We accomplish this through education in such topics as basic financial services, saving, credit, financial planning and budgeting, asset building, investing and homeownership.
We will consider supporting programs that:
- Provide personal financial education for adults through workshops and/or counseling;
- Provide pre- and post-purchase homeownership workshops and/or counseling;
- Provide business-focused financial education to microentrepreneurs and small business owners;
- Support asset building through savings, insurance, individual development accounts (IDAs) and Earned Income Tax Credit (EITC) programs; or
- Train nonprofit organizations, financial institutions, intermediaries and networks to deliver financial education programs in the communities they serve.
Microfinance and Microentrepreneurship
In the U.S., a microenterprise is generally defined as a business with 5 or fewer employees requiring start-up capital of $35,000 or less. Microfinance institutions provide microentrepreneurs with access to credit and other financial services that they could not otherwise obtain due to a lack of collateral or credit history.
We will consider supporting programs that:
- Build institutions through capacity building and management training activities for staff of microfinance networks and microfinance institutions (MFIs);
- Develop microfinance products and services for clients through market research, testing and financial education;
- Provide microentrepreneurship training including business plan development, business development skills, management skills, accessing capital, mentoring and networking; or
- Build awareness of microentrepreneurs, MFIs or networks through awards or other forms of recognition.
Small and Growing Businesses
In the U.S., the Citi Foundation defines small and growing businesses as enterprises that employ 5 to 100 individuals, generating up to $1 million in revenues. The Citi Foundation will consider funding nonprofits whose programs support the development of small business and growing businesses.
We will consider supporting programs that:
- Build institutions through capacity building and management training activities for staff of small business intermediaries;
- Provide training for small business owners including business plan development, business development skills, management skills, accessing capital, mentoring, and networking; or
- Build awareness of small business owners through awards or other forms of recognition.
Environment - Sustainable Enterprise
Sustainable enterprises can be micro or small and growing enterprises that act as the catalysts for economic and environmental change to improve our communities for future generations through monetary benefits to low- to moderate-income entrepreneurs, increased employment opportunities, reduced energy and resource consumption, land conservation and improved air and water quality.
We will consider supporting programs that:
- Provide entrepreneur training including business plan development, business development skills, management skills, accessing capital, mentoring, value chains, and networking in such areas as forestry, sustainable agriculture or ecotourism; or
- Build institutions through capacity building and management training for staff of local intermediaries.
Funding Limitations
Applicants must have IRS 501(c)(3) tax-exemption status and a federal Employer Identification Number, or they must be a registered school, university or government entity.
The Citi Foundation does NOT accept grant applications for:
- Advertising, special events, dinners, telethons, benefits or fundraising activities
- Organizations with an annual budget less than $100,000
- Religious, veteran or fraternal organizations, unless they are engaged in a significant project benefiting the entire community
- Capital or endowment campaigns
- General operating support
- Individuals
- Political causes, campaigns or candidates
- Memorials
- Private foundations
- Requests deemed as "pass-through" funding
- Matched funds
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