Citi Foundation is a philanthropic organization focused on addressing societal challenges through innovative financial solutions. It operates a $500 million Impact Fund that invests in U.S.-based private sector companies, aiming to support ventures that demonstrate both financial viability and a positive social impact. The foundation typically co-invests with other venture capitalists, committing between $250,000 and $10 million in companies at various stages of development, from seed to pre-IPO. Its investment strategy emphasizes four key areas: the future of work, climate resilience, financial inclusion, and social infrastructure. Additionally, Citi Foundation is dedicated to reducing gender and racial disparities in venture capital by prioritizing investments in businesses led or owned by women and minorities. This commitment is further reflected in its $50 million Black Entrepreneurs Investment Initiative, part of a broader $1 billion Action for Racial Equity initiative aimed at providing equitable access to funding for black entrepreneurs.
Railway Children is a charitable organization dedicated to protecting homeless and vulnerable children across various regions, including India, Africa, and the UK. The organization provides essential support to these children and their families, aiming to improve their living conditions and safeguard their well-being. Through its initiatives, Railway Children addresses the challenges faced by children living on the streets, offering them resources and services designed to enhance their safety and opportunities for a better future. The organization's efforts are particularly focused on creating lasting change in the lives of those it serves.
Undugu Society of Kenya
Grant in 2024
Undugu Society of Kenya (USK) is a National child centered community development organization.
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