Citi Foundation
Citi Foundation, established in 2020, is a New York-based venture capital firm that invests in U.S.-based private sector companies addressing societal challenges. Through its $500 million Impact Fund, it makes equity investments, typically co-investing with other venture capital firms, in companies demonstrating proof of concept and potential for scale. The Foundation focuses on four verticals: the future of work, climate resilience, financial inclusion, and social infrastructure. It prioritizes investing in businesses led or owned by women and minorities, aiming to bridge gender and race gaps in the VC-funded startup world. Additionally, it has committed $50 million to the Black Entrepreneurs Investment Initiative, supporting tech-enabled ventures led by black founders to reduce the racial wealth gap.
SAJIDA Foundation
Grant in 2024
SAJIDA Foundation is a non-profit organization based in Dhaka, Bangladesh, dedicated to enhancing the health, happiness, and dignity of underprivileged communities. Founded in 1993, the organization prioritizes corporate philanthropy and holds a significant stake in Renata Ltd, a leading pharmaceutical company. SAJIDA Foundation's mission encompasses empowering communities, fostering entrepreneurship, and promoting social equity through a variety of development programs. Its initiatives focus on poverty alleviation, community healthcare, and addressing climate change, impacting over 6 million individuals across the country. The foundation also operates one of Bangladesh's largest financial service networks and has established several specialized healthcare enterprises, reinforcing its commitment to creating sustainable social change.
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