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  The Citi Foundation, which is a Corporate Social Responsibility (CSR) arm of the Citi Group, is inviting community organizations across the world to apply for grant funding through its Global Innovation Challenge. This Global Innovation Challenge is primarily a request for proposals from community organizations that are developing innovative solutions for low-income youth, especially those between 15 and 24 years old.
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The grants to be awarded are catalytic, meaning that they are aimed at kick-starting growth and impact beyond what is achieved with the initial funding. About 50 community organizations will be selected for funding in this manner, all of them located in areas where the Citi Group has a presence. There will be other forms of (non-financial) assistance rendered to grant recipients by the Citi Foundation.
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Benefits

Community organizations that are selected for funding through this program will get the following benefits:
  • A grant award of $500,000 to each of 50 selected community organizations (totalling $25 million) payable over two years
  • Be supported by the Citi Foundation through volunteer initiatives
  • Learning opportunities hosted by Citi, where community organizations can share lessons and insights on best practices
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Eligibility

This program is open to organizations that meet the following criteria:
  • Must be registered as non-profit entities under the laws of their own countries
  • Should be able to submit their most recently externally audited financial statements, including the auditor’s notes; records and audits should cover at least some part of 2023 (calendar year) and a subsequent year
  • The applicant organization’s program should be in line with the Citi Foundation’s aim of supporting low-income communities
The deadline for registrations to apply is March 4, 2025. Completed applications will be accepted until March 18, 2025. If you would like to apply for this opportunity, you can do so HERE.
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This article was first published on 20th February 2025
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ikenna-nwachukwu

Ikenna Nwachukwu holds a bachelor's degree in Economics from the University of Nigeria, Nsukka. He loves to look at the world through multiple lenses- economic, political, religious and philosophical- and to write about what he observes in a witty, yet reflective style.

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