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You are here: Home / Grant Size / $1 Million to $50 Million / $50 Million Funding available to Catalyze Community Impact

$50 Million Funding available to Catalyze Community Impact

Dated: October 6, 2023

The Citi Foundation is committing an additional $50 million to support a fourth cohort of Community Progress Makers.

Donor Name: Citi Foundation

State: Selected States

County: Selected Counties

City/Town: Alexandria, Arlington, Fairfax, Falls Church, Fairfield

Type of Grant: Grant

Deadline: 10/25/2023

Size of the Grant: $1 million

Grant Duration: 3 years

Details:

Community Progress Makers is a Citi Foundation initiative aimed at supporting local community organizations connecting low-income communities to greater social and economic opportunity.

Through an open request for proposals (RFP) process, the Foundation will select 50 community organizations to receive the following over three years:

  • $1 million in unrestricted grant support
  • Access to technical assistance from national experts and leading researchers
  • Opportunities to connect and share learnings through webinars and local and national gatherings

Priorities

For this funding opportunity, the Citi Foundation will prioritize organizations that demonstrate:

  • Deep connections to the communities served
  • Track record of partnering with other community organizations and stakeholders to achieve positive change
  • Utilization of data to inform planning and the capacity to collect, analyze, and share data, results, and learnings
  • Track record and innovative vision in one of the following areas of work:
    • Affordable Housing and Access, such as efforts to promote housing affordability; home ownership; and resident support services to help people more easily access employment, education, health, and childcare.
    • Economic Development, including the provision of technical assistance to small businesses; commercial corridor revitalization efforts; and green economy strategies that promote job creation.
    • Financial Health, such as efforts in delivering financial coaching; integrated financial capability services; and savings and asset building strategies.
    • Workforce Readiness, including organizations preparing young people and/or adults for careers and entrepreneurship.

Funding Information

Community Progress Makers grantees will each receive a three-year, unrestricted grant of $1 million. The anticipated disbursement schedule, subject to change, is as follows: $400,000 of the grant funds in Year 1 (2024), $300,000 in Year 2 (2025), and $300,000 in Year 3 (2026).

Eligibility Criteria

  • Applicants must be tax-exempt public charities as per Section 501(c)(3) of the U.S. Internal Revenue Code.
  • Applicants must submit their most recent externally audited financial statements, including auditor’s notes, covering some part calendar year 2021 or a subsequent year.
  • Applicants must have a mission and track record of serving low-income communities.
    • Greater Chicago – Cook, DuPage, Kane, Lake, McHenry
    • Greater Washington, D.C
      • Maryland – Montgomery, Prince George’s
      • Virginia – Alexandria City, Arlington, Fairfax, Fairfax City, Falls Church City
      • Washington, D.C. – District of Columbia
    • New York Tri-State
      • Connecticut – Fairfield
      • New Jersey – Bergen, Essex, Hudson, Passaic
      • New York – Bronx, Kings, Nassau, New York, Queens, Richmond, Rockland, Suffolk, Westchester
    • Northern California -Alameda, Contra Costa, Fresno, Marin, Merced, Sacramento, San Francisco, San Joaquin, San Mateo, Santa Clara, Santa Cruz, Stanislaus
    • Southern California -Kern, Kings, Los Angeles, Orange, Riverside, San Bernardino, San Diego, Ventura
    • South Florida– Broward, Miami-Dade, Palm Beach

For more information, visit Citi Foundation.

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