Philanthropy
The Citi Foundation announced today that 40 nonprofit organizations have been selected as recipients of the 2018 Community Progress Makers Fund. The $20 million grant initiative supports visionary nonprofit organizations to help them roll out new approaches to long-standing urban economic challenges in six U.S. cities – Chicago, Los Angeles, Miami, New York City, San Francisco Bay Area and Washington, D.C. Each Community Progress Maker will receive $500,000 in core operating support and access to technical assistance and a learning community.
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Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.