The Citi Foundation has announced grants totaling $20 million to forty nonprofit organizations in six U.S. cities working to address inequality and promote economic opportunity.
Awarded through the foundation's 2018 Community Progress Makers Fund, which supports nonprofits in Chicago, Los Angeles, Miami, New York City, the San Francisco Bay Area, and Washington, D.C., the grants will help the organizations roll out new approaches to long-standing urban economic challenges, with each recipient receiving $500,000 in general operating support as well as access to technical assistance and a learning community. The third cohort of Community Progress Makers includes the North Lawndale Employment Network (Chicago), Homeboy Industries (Los Angeles), Hispanic Unity of Florida (Miami), Brooklyn Workforce Innovations (New York City), Pacific Community Ventures (San Francisco Bay Area), and Byte Back (Washington, D.C.)
"We are honored to have been selected as a Community Progress Maker and to join leading organizations working to increase economic opportunity for low-income residents," said Davon Russell, president of WHEDco in the Bronx. "This core operating support from the Citi Foundation is exceptional because it provides us the flexibility to really deepen our work; it demonstrates trust in our leadership and our knowledge of the people we serve. I believe it will be transformative for WHEDco."
"We launched this program in 2015 as our version of venture philanthropy — a chance to invest in the vision and mission of these organizations who are helping positively transform their communities," said Citi Foundation president Brandee McHale. "We're pleased with the results from our inaugural Community Progress Makers and are looking forward to implementing the lessons we've learned with this next, impressive group of community leaders as they scale, innovate, and drive impact."
For a complete list of 2018 Community Progress Maker grant recipients, see the Citi Foundation website.