40 Nonprofit Organizations Will Use Funds to
Address Urban Challenges Ranging from Affordable Housing to
Environmental Sustainability and Infrastructure
The Citi Foundation announced today that 40 nonprofit
organizations have been selected as inaugural recipients of the
Community Progress Makers Fund, a $20 million grant initiative to
support visionary nonprofit organizations in their efforts to
establish new approaches to long-standing urban economic challenges
in the United States – including economic development, environment
sustainability, urban infrastructure, and affordable housing.
The Community Progress Makers Fund supports community
organizations that are leading urban transformation efforts that
create economic opportunities for low-income households and
communities. The 40 organizations work in six U.S. cities –
Chicago, Los Angeles, Miami, New York City, San Francisco Bay Area
and Washington, D.C. Each organization will receive $500,000 in
core operating support, will have access to technical assistance
from leading national researchers and experts and will have
opportunities to connect with other grantees to share and learn
best practices.
“There is no substitute for partners that are deeply-rooted in
the communities we support, who can use their local knowledge and
networks to help us enable progress,” said Brandee McHale,
President of the Citi Foundation. “These organizations were
selected because they combine fresh ideas and approaches with a
first-hand understanding of their communities’ challenges and
resources. We think that is the key to getting things done.”
“We are thrilled to join leading organizations across the
country as the first group of Community Progress Makers, all
committed to breaking down barriers and building up opportunity in
our cities,” said Colvin Grannum, President and Chief Executive
Officer of Bedford Stuyvesant Restoration Corporation in New
York City. “This core operating support from the Citi Foundation
signals a deep level of trust in us and the other grantees, and
allows us the flexibility to implement new solutions that amount to
real change for low-income people.”
“By enabling non-profit organizations to deepen their capacity,
public-private partnerships advance vital economic opportunities
for low-income households and further our competitive success,”
said David Wilkinson, Director of the White House Office of
Social Innovation and Civic Participation. “We welcome efforts
to enact effective social solutions that promote the upward
economic mobility for families and communities across the United
States.”
“Community based organizations are a critical component of
healthy communities across the U.S.,” said David Erickson,
Director of Community Development at the Federal Reserve Bank of
San Francisco. “Efforts, like the Citi Foundation’s Community
Progress Makers Fund, that invest in these organizations’ ability
to promote cross-sector innovation and integration are an important
step forward in creating neighborhoods that are springboards to
opportunity.”
“Cities are places of powerful idea generation and vast
opportunity, while simultaneously dealing with the realities of
growing inequality and other urban challenges,” said Jennifer
Bradley, Director of the Center for Urban Innovation at the Aspen
Institute. “The Citi Foundation’s Community Progress Makers
Fund provides nonprofits at the forefront of addressing these
issues with the support they need to inclusively transform
communities and help all residents realize their greatest
potential.”
The Community Progress Makers Fund builds upon the Citi
Foundation’s commitment to identify and support innovative
solutions and organizations that are helping build stronger, more
resilient cities that are engines of economic opportunity for all.
The flexibility of core operating support will allow organizations
and their visionary leaders to deploy solutions that address a
range of issues.
Below is a full list of Community Progress Makers:
New York City
Miami
Asian Americans for Equality
Catalyst Miami
Association for Neighborhood and Housing
Development
Florida International University
Bedford Stuyvesant Restoration
Corporation
Miami Children’s Initiative
Center for NYC Neighborhoods
Neighborhood Housing Services of South
Florida
Enterprise Community Partners New York
Food Bank For New York City
San Francisco Bay Area
Green City Force
BRIDGE Housing Corporation
Hester Street Collaborative
East Bay Asian Local Development
Corporation
Local Initiatives Support
Corporation New York City
Enterprise Community Partners Northern
California
Pratt Center for Community Development
Larkin Street Youth Services
St. Nicks Alliance
Mission Economic Development Agency
The Financial Clinic
Turnaround for Children
Washington, D.C.
Arlington Partnership for Affordable
Housing
Los Angeles
Capital Area Asset Builders
California Community Foundation
Enterprise Community Partners
Mid-Atlantic
Coalition for Responsible Community
Development
Latino Economic Development Center
Corporation for Supportive Housing
LIFT
Los Angeles LGBT Center
Neighborhood Housing Services of Los
Angeles County
Chicago
REDF
Center for Economic Progress
River LA
Delta Institute
Youth Policy Institute
Elevate Energy
Greater Englewood Community Development
Corporation
Preservation of Affordable Housing
About the Citi
Foundation
The Citi Foundation works to promote economic progress
and improve the lives of people in low-income communities around
the world. We invest in efforts that increase financial inclusion,
catalyze job opportunities for youth, and reimagine approaches to
building economically vibrant cities. The Citi Foundation's "More
than Philanthropy" approach leverages the enormous expertise of
Citi and its people to fulfill our mission and drive thought
leadership and innovation. For more information, visit
www.citifoundation.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20160518005831/en/
The Citi FoundationElizabeth Patella,
212-559-2477elizabeth.patella@citi.com
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