Deadline: March 4, 2025
Applications are open for the Citi Foundation Global Innovation Challenge 2025. The Citi Foundation recognises the role philanthropy plays in catalyzing change to address some of society’s most pressing challenges, from food insecurity to homelessness and more. Through the Global Innovation Challenge, they seek to provide innovative community organizations with the support they need to pilot or scale new offerings and development models that deepen community impact.
Funding
- The Foundation plans to award grants of $500,000 USD payable over two years to 50 community organizations working in select communities where Citi has a presence.
- Grants are meant to be catalytic in nature, supporting the piloting or expansion of ideas and projects in the field of youth employability.
- In addition to grant funds, the Citi Foundation will seek ways to support the selected grantees through volunteerism as well as hosting learning opportunities to promote shared lessons and best practices.
Eligibility
- Applicant organizations must be registered as nonprofit entities under local law. For example, for U.S. entities, applicants need to be tax-exempt public charities as per Section 501(c)(3) of the U.S. Internal Revenue Code.
- Applicants must be able to submit their most recent externally audited financial statements, including auditor’s notes, covering some part of calendar year 2023 or a subsequent year.
- Applicant’s proposed program must align with the Foundation’s mission of supporting low-income communities as defined by local standards and definitions.
- Applicant’s proposed program must impact one or more of the target geographies.
Application
Registration closes at 12:00PM (noon) New York Time (Eastern Time) on March 4, 2025.
For more information, visit Citi Foundation Global Innovation Challenge.
