Results tagged as "citi foundation"

  • A Transformational Approach to Grantmaking

    By Anne Evens, Chief Executive Officer of Elevate Energy December 19, 2017 11:30 AM

    For the first time since our founding in 2000, Elevate Energy – a Chicago-based community development agency that helps people do more with less energy – participated in a funding opportunity that enabled us to think transformationally about how we achieve our mission. By providing multi-year, unrestricted grant support, the Citi Foundation’s Community Progress Makers Fund helped our organization develop the evidence and business case to dramatically increase clean energy investments in low-income communities. But it’s more than that. The Fund is an innovative approach to grant-making that pushes organizations to transform the world by first transforming themselves.

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  • Sustainable Growth at Citi

    By Ed Skyler, Executive Vice President for Global Public Affairs, Citi November 14, 2017 09:00 AM

    As part of our continued support of the Paris Agreement and our own efforts to protect the environment, we’re making notable progress on our commitment to finance $100 billion in clean energy, infrastructure and technology projects that are helping to build a more sustainable economy.

    In our latest report, Sustainable Growth at Citi: Progress and Impacts of Citi’s $100 Billion Environmental Finance Goal, we share more about our progress to date, how we’re measuring our impact and what we’re learning in partnership with our clients.

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  • Impact, Pivot, Repeat: Community Progress Makers on Meaningful Support & Meeting Our Cities’ Toughest Challenges

    By Luis Granados, Executive Director, Mission Economic Development Agency; Emily Gresham, Assistant Vice President of Research, Florida International University and Co-Founder of StartUP FIU; Lisbeth Shepherd, Executive Director, Green City Force November 01, 2017 09:00 AM

    From creating jobs to expanding affordable housing, cities face economic challenges that grow increasingly complex as more people move to urban centers in search of economic opportunity. Variables including policy changes, budget cuts, and local crises constantly impact how (and how well) community-based organizations can respond. While we need all the help we can get, some philanthropic support can be prescriptive and overly restrictive about our approach and how we define success. To truly accelerate progress, nonprofits need support in a form that encourages us to adapt to external shifts and develop new ways of addressing long-standing issues. The Citi Foundation’s Community Progress Makers Fund helped us do just that. The $20 million, multi-year initiative provided unrestricted grant support to 40 nonprofits in six U.S. cities, enabling a variety of organizations to pilot innovative solutions, increase their ability to secure additional investment, build their organizational capacity and attract new community partners. The Citi Foundation is looking for the next 40 Community Progress Makers. Eligible organizations can apply here by December 18, 2017.

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  • The Places Thinking Like an Entrepreneur Will Take You: Reflections from a NFTE and Pathways to Progress Alum

    By Khaled Khalifa, NFTE Alum and NFTE Citi Foundation Entrepreneurship Fellow October 19, 2017 12:15 PM

    On Thursday, October 12, I had the opportunity to co-host the NFTE National Entrepreneurship Challenge, presented by the Citi Foundation, which brought together 41 NFTE students from across the country to share their business ideas and compete for a total of $35,000 in startup capital.

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  • A Conversation with Cities: Mayors on Closing Gaps in Infrastructure & Economic Opportunity

    By Ed Skyler, Executive Vice President for Global Public Affairs, Citi and Chairman of the Citi Foundation October 16, 2017 01:00 PM

    Citi estimates that $59 trillion will need to be spent on infrastructure globally over the next 15 years, a staggering figure that speaks to how much work needs to be done to shore up existing infrastructure and build additional capacity to keep up with urban growth. While the needs are immense, investment in infrastructure in the U.S. at the federal level has fallen to just 1.4% of GDP, and local governments are being challenged to meet the needs of their residents with increasingly limited resources.

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  • Pathways to Progress: Ben, Oakland, California

    September 11, 2017 04:45 PM

    Ben is a college student in Oakland, California who has been interested in music and photography his entire life. Ben wanted to make a career for himself in the arts but wasn’t sure where to begin, as he lacked the technical and professional skills to turn his passion into a career. In high school he discovered Youth Radio, an organization that offers young people intensive training in media and technology and then engages them in work-based learning opportunities. Ben is currently pursuing his bachelor’s degree and is also now working at Youth Radio working as a project associate teaching 9th graders everything that was taught to him in the program.

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  • Pathways to Progress: The Power of Mentorship on Display at the Citi Open

    August 30, 2017 02:15 PM

    The power and impact that mentorship can have on the lives of young people was on full display earlier this month at the Citi Open, when three young women from the Management Leadership for Tomorrow (MLT)’s Ascend program participated in the 2nd annual Professional Development Day at the Open. Supported by the Citi Foundation’s Pathways to Progress initiative, the Ascend program works with first-generation, low-income college students to help them complete college and prepare them to pursue professional careers.

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  • Pathways to Progress: Mpumelelo and Lawrence, Johannesburg

    August 23, 2017 09:30 AM

    Mpumelelo and Lawrence are young entrepreneurs who recently opened their first business venture – a coffee shop called Kofi in the Soweto Township of Johannesburg, South Africa. They opened Kofi after participating in TechnoServe’s Box Shop Program, which supports entrepreneurship by connecting local entrepreneurs with wider markets and linking them to stable supply chains.

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  • Service Spotlights: Citi Leaders Share Their Volunteer Experiences with Junior Achievement

    August 21, 2017 02:15 PM

    In 2017 Citi and the Citi Foundation are celebrating 30 years of partnership with JA Worldwide. Many Citi senior leaders serve on Junior Achievement (JA) boards with the goal of helping to advance their many programs and enabling growth and progress in our communities by offering their experiences and knowledge. A few Citi volunteers shared their reasons for giving back with JA.

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  • Pathways to Progress: Citi Enables Career Ready Interns in London

    By Peter Cunningham, Citi Europe, Middle East and Africa Head of Treasury & Trade Solutions Corporate Sales – Consumer & Healthcare August 17, 2017 03:00 PM

    I recently celebrated my 20th anniversary with Citi, after starting at the company fresh out of school. Despite the passage of time, I can still clearly remember the fear and trepidation of applying for and securing my first role as a Citi summer Intern, based in London. I am the first person in my immediate family to attend university and work for a large company, and I am humbled and consider myself to be very lucky in the career I have built at Citi. I can clearly remember the Intern recruitment process and feeling that I didn’t have the guidance, knowledge and connections that it seemed many of my Intern peers arrived with. These experiences instilled in me a sense of wanting to help others.

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