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CitiGroup Foundation

Manager: Cheryl Mirer
Priority: Open

BACKGROUND

Established in 1994 in NY.

FIELDS OF INTEREST

microfinance, financial services, employment, economic development, business

LIMITATIONS

Giving on a national and international basis in Africa, Argentina, Australia, Bangladesh, Belgium, Brazil, Brunei, Bulgaria, Cameroon, Canada, China, Colombia, Costa Rica, Cote d'Ivoire, Czech Republic, Democratic Rep. of Congo, Dominican Republic, Ecuador, Egypt, El Salvador, Finland, France, Germany, Ghana, Greece, Guatemala, Haiti, Honduras, Hong Kong, Hungary, India, Indonesia, Ireland, Israel, Italy, Jamaica, Japan, Jordan, Kazakhstan, Kenya, Korea (South), Kuwait, Lebanon, Luxembourg, Malaysia, Morocco, Netherlands, New Zealand, Nicaragua, Nigeria, Norway, Pakistan, Panama, Paraguay, Peru, Philippines, Poland, Portugal, Qatar, Romania, Russia, Senegal, Singapore, Slovakia, South Africa, Spain, Sri Lanka, Sweden, Switzerland, Taiwan, Tanzania, Thailand, Trinidad & Tobago, Turkey,.

No support for political candidates or religious, veterans', or fraternal organizations not of direct benefit to the entire community.

FINANCIAL DATA

Year ended 2013-12-31

Assets: $50,165,877 (market value)

Gifts received: $78,000,460

Expenditures: $78,372,566

Total giving: $78,372,150

Qualifying distributions: $78,372,150

Giving activities include:

$78,372,150 for 653 grants (high: $3,650,000; low: $20,000)

SELECTED GRANTS

The following grants are a representative sample of this grantmaker's funding activity:

  • $5,000,000 to Financial Innovations Center, Chicago, IL, in 2012. For Financial Capability Innovation Fund
  • $200,000 to Neighborhood Reinvestment Corporation, Washington, DC, in 2012. For Counselor Training and Technology and Capacity Program
  • $160,000 to Junior Achievement Worldwide, Colorado Springs, CO, in 2012. For youth financial capability and entrepreneur program in LATAM region
  • $40,000 to Local Initiatives Support Corporation, New York, NY, in 2012. For Technical Assistance Program