Citi Foundation Global Innovation Challenge 2025 (up to $500,000) – YOA

Deadline: March 4, 2025

Applications are open for the Citi Foundation Global Innovation Challenge 2025. The Citi Foundation recognises the position philanthropy performs in catalyzing change to tackle a few of society’s most urgent challenges, from meals insecurity to homelessness and extra. Through the Global Innovation Challenge, they search to present progressive neighborhood organizations with the help they want to pilot or scale new choices and improvement fashions that deepen neighborhood impression.

Funding

• The Foundation plans to award grants of $500,000 USD payable over two years to 50 neighborhood organizations working in choose communities the place Citi has a presence.
• Grants are meant to be catalytic in nature, supporting the piloting or growth of concepts and initiatives within the area of youth employability.
• In addition to grant funds, the Citi Foundation will search methods to help the chosen grantees by way of volunteerism in addition to internet hosting studying alternatives to promote shared classes and greatest practices.

Eligibility

• Applicant organizations should be registered as nonprofit entities below native legislation. For instance, for U.S. entities, candidates want to be tax-exempt public charities as per Section 501(c)(3) of the U.S. Internal Revenue Code.
• Applicants should be in a position to submit their most up-to-date externally audited monetary statements, together with auditor’s notes, protecting some part of calendar 12 months 2023 or a subsequent 12 months.
• Applicant’s proposed program should align with the Foundation’s mission of supporting low-revenue communities as outlined by native requirements and definitions.
• Applicant’s proposed program should impression a number of of the goal geographies.

Application

Registration closes at 12:00PM (midday) New York Time (Eastern Time) on March 4, 2025.

Click here to apply

For extra info, go to Citi Foundation Global Innovation Challenge.