Citi Foundation’s Community Progress Makers Fund Awards $20 Million in Grants to Accelerate Economic Opportunity in Six U.S. Cities
The Citi Foundation announced today that 40 nonprofit organizations have been selected as inaugural recipients of the Community Progress Makers Fund, a $20 million grant initiative to support visionary nonprofit organizations in their efforts to establish new approaches to long-standing urban economic challenges in the United States – including economic development, environment sustainability, urban infrastructure, and affordable housing.
Corporate Matching: Observing the Multiplier Effect
It has long been acknowledged that one of the most powerful ways to get people more engaged in giving programs is to match individual donations with company dollars. So it’s easy to see why roughly 65% (and growing) of Fortune 1000 companies employ a strategy of donation matching. Even better, as employees become more engaged in their giving programs they also become more engaged in the workplace overall. Given that the potential impact is huge, how do you foster even greater engagement? Here are a few suggestions.
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