Results tagged as "us"

  • Progress Towards a More Inclusive Chicago: How Entrepreneurship is Revitalizing the City’s African American Neighborhoods

    By Erica King, VP of Chicago Neighborhood Initiatives Micro Finance Group November 06, 2017 02:30 PM

    From reading the news, you’d be forgiven for thinking the economy is booming for everyone. National unemployment is at record lows and the stock market at record highs. But in neighborhoods like Pullman on the Southside of Chicago, and in many other cities around the country, those heady headlines make for cold comfort. The unemployment rate in the Windy City among African American residents is a staggering 25 percent - more than 5 times the national rate.

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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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  • Citi Signs Amicus Brief in Support of LGBT Community

    By Jamie Forese, President, Citi and Head of ICG and Bob Annibale, Global Director of Citi Inclusive Finance and Community Development October 31, 2017 11:00 AM

    Yesterday, Citi joined other companies in signing an amicus brief in support of the LGBT community.

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  • Kindergarten to College: Placing Higher Education within Reach

    By José Cisneros, San Francisco Treasurer and Bob Annibale, Global Director of Citi Inclusive Finance October 19, 2017 04:00 PM

    One in three San Francisco children are born into families with almost no savings. However, when families save as little as $500 for higher education, their children are three times more likely to go to college.

    Six years ago, we set out to do the inconceivable: collaborate to develop a platform to support a program that would enable every family in the San Francisco public school system to put money away for their children’s education. To achieve this goal, Citi collaborated with the City and County of San Francisco, and the San Francisco Unified School District, to launch Kindergarten to College (K2C) -- the first publicly funded, universal children’s savings account program in the United States.

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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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  • The Grace Hopper Conference; What is it and why is it important for Citi?

    By Marilyn Lynnette McDonald, Director, Product Management Technical, Global Digital & Cloud Technology September 29, 2017 02:00 PM

    ​The Grace Hopper Celebration of Women in Computing (GHC) is a conference hosted by the Anita Borg Institute that annually draws more female technologists than any other such event in the world. This year, over 18,000 female technologists will come together in Orlando, Florida, to learn from and inspire each other, and draw inspiration from Grace Hopper, a pioneering American computer technologist and United States Navy Rear Admiral. Citi first engaged with the GHC conference in 2016, and this year we’ve expanded our presence with nearly 100 attendees from seven different areas of the company. We will also have a prominent presence in the career fair area, and look forward to meeting with potential recruits at all career levels.

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  • Progress Driven By Diversity – Citi and UN Women

    By Yolande Piazza, CEO of Citi FinTech September 28, 2017 09:00 AM

    ​As the head of Citi FinTech, I’m often asked about the role of women in leadership and innovation. My answer is often the same, which is that when I arrive at our office every day, I’m surrounded and inspired by a diverse team of change-makers. Our team members come from 5 continents and backgrounds that span the range of banking and technology companies. Half of my leadership team are women and half of Citi FinTech’s workforce are millennials. I’m proud of our diversity, not just because the statistics demonstrate the authenticity of our commitment, but also because of the impact these individuals have had collectively on the way we work and the results we deliver. The blend of experiences and inclusive culture have been critical to our success and make me proud to work at Citi.

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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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