Citi Foundation

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.

Robin Volk

Senior Vice President

Past deals in Grant

St. Michael's Hospital Foundation

Grant in 2024
St. Michael's Hospital Foundation is a global powerhouse in research and patient care.

YMCA of Greater New York

Grant in 2024
YMCA of Greater New York is a community service organization which promotes positive values through its programs.

FEANTSA

Grant in 2024
FEANTSA is the European Federation of National Organisations Working with the Homeless. It brings together non-profit services that support homeless people in Europe. FEANTSA is supported by the European Commission.

Habitat for Humanity Trinidad and Tobago

Grant in 2024
Habitat for Humanity Trinidad and Tobago is a nonprofit organization that advocates and works for the right to decent housing and sustainable improvement of the community habitat.

PathFinders

Grant in 2024
PathFinders is a charitable organization that helps vulnerable infants born to migrant mothers.

Epic Collective

Grant in 2024
EPIC is an award-winning social enterprise that empowers ordinary people to live extraordinary lives focused on making a positive difference in their communities.

Undugu Society of Kenya

Grant in 2024
Undugu Society of Kenya (USK) is a National child centered community development organization.

Polish Center for International Aid

Grant in 2024
The Polish Centre for International Aid (PCPM) is a non-governmental organization. Its mission is to provide humanitarian, development, and medical support while maintaining to the core values of impartiality, neutrality, and independence.

Première Urgence Internationale

Grant in 2024
Première Urgence Internationale is an international non-profit, apolitical and secular NGO. It helps civilian victims, marginalized or excluded by the effects of wars, natural disasters and situations of economic collapse.

Romodrom

Grant in 2024
Romodrom is a voluntary non-governmental, non-profit organization to aid people. It provides social services and housing solutions, such as assistance with rental applications to reduce homelessness and enhance social cohesion.

Bangkok Community Help Foundation

Grant in 2024
The Bangkok Community Help Foundation is a community initiative that stands up for the vulnerable individuals in society by offering direct help and support, providing a lifeline to the people. It is founded at the peak of the COVID-19 to help vulnerable populations in Thailand.

Jood

Grant in 2024
Jood is an Non Government association offers poor destitute of the city streets, clothes, blankets, and medicines. It pays attention, listens and mobilizes to support these homeless people in their awareness of a chance to have a better future.

TECHO-U.S

Grant in 2024
TECHO is a youth led non-profit organization present in 19 countries across Latin America and the Caribbean. Through the joint work of families living in extreme poverty with youth volunteers, TECHO seeks to overcome poverty in slums. With the implementation of an intervention model, which is focused on community development, TECHO seeks to build a fair and poverty free society, where everyone has the opportunities needed to develop their capacities and fully exercise their rights. TECHO is present in Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Ecuador, El Salvador, Guatemala, Haiti, Honduras, Mexico, Nicaragua, Panama, Paraguay, Peru, Dominican Republic, Uruguay, and Venezuela.

Fundação Tide Setubal

Grant in 2024
The Tide Setubal Foundation is a non-governmental, of family origin organization that works with the mission of encourage initiatives that promote social justice.

PRAKSIS

Grant in 2024
PRAKSIS is an independent Civil Society Organization. Its mission is the planning and implementation of projects of a development, humanitarian, and medical nature.

Habitat for Humanity Korea

Grant in 2024
Habitat for Humanity South Korea operates as a non-profit public construction service association. It empowers low-income children and families through housing repairs, psychological support, and financial literacy, fostering community stability.

Global Sisters

Grant in 2024
Global Sisters is a non-profit organization that helps make business possible for women, enabling them to be financially resilient. They support women from the earliest stages of business. They provide long-term, end-to-end support to grow their business ideas.

Blue Dragon Children’s Foundation

Grant in 2024
Blue Dragon Children's Foundation is a charity that helps street kids and rescues victims from slavery and human trafficking in Vietnam.

The Fuller Center for Housing

Grant in 2024
The Fuller Center for Housing is a non-profit organization that provides shelters to homeless people worldwide.

Mission Action

Grant in 2024
Mission Action is a non-profit organization that provides community services.

The Nubian Vault Association (AVN)

Grant in 2024
Association La Voute Nubienne (AVN) promotes the development of a self-sustaining market in NV construction, by facilitating the recruitment, on-site training, and support of village masons in several West African countries (Burkina Faso, Mali, Senegal, Benin...). AVN's local teams and extension agents pump-prime and enable the growth of indigenous markets in Nubian Vault construction, providing employment opportunities, access to decent housing, and the growth of local economic circuits.

Corazón Urbano

Grant in 2024
Corazón Urbano is a non-profit, non-political civil association uses galvanized steel panels to rebuild roofs for low-income families.

DignityMoves

Grant in 2024
DignityMoves is a non-profit organization that reimagine scalable solutions to homelessness. DignityMoves works to end unsheltered homelessness in communities by building Interim Supportive Housing as a rapid, cost-effective, and thus, scalable solution. It was founded in 2020 and is located in All of California, California.

Habitat Association

Grant in 2024
Habitat Association (Habitat) is a non-governmental organization that develops initiatives that focus on social capacity building and social impact, based on strong relationships with the goal of achieving sustainable development in a digitalizing world.

Miami Homes For All

Grant in 2024
Miami Homes For All is a non-profit organization dedicated to improving the housing environment in Miami-Dade County by producing more affordable homes, preserving what they already have, and increasing underprivileged residents access to that housing.

Human Initiative

Grant in 2024
Human Initiative implements programs for living conditions and education. It engages in community projects and partnerships. The sectors served include education, health, and community development.

Progetto Arca

Grant in 2024
Progetto Arca is a non-profit social utility organization (ONLUS) that provides stable housing and access to supportive services, including financial education and job placement, for low-income individuals and households.

The Doe Fund

Grant in 2024
The Doe Fund operates five enterprises: sanitation, pest control, mail services, catering, recycling

Caritas

Grant in 2024
Caritas is a non-profit organization that helps elderly and sick people, people with disabilities, addictions, mental disabilities.

Urban League of Broward County

Grant in 2024
The Urban League of Broward County is a community-based organization dedicated to advancing social and economic equality for African Americans. It offers a range of services that include youth development programs, job training and placement, and initiatives aimed at mobilizing the community. By focusing on empowering individuals and fostering opportunities, the organization plays a crucial role in addressing the challenges faced by marginalized groups within the region. Through its various programs, the Urban League strives to enhance the quality of life for residents and promote equity in economic and social spheres.

Asian

Grant in 2024
Asian is a nonprofit organization that empowers people by fostering chances for housing, financial education, and business growth.

Northern California Land Trust

Grant in 2024
Northern California Land Trust is an organization that offers housing and facilities for low-income residents and community benefits.

1863 Ventures

Grant in 2024
1863 Ventures is a business development program established in 2016 and based in Washington, D.C. The organization focuses on supporting new majority entrepreneurs by providing a range of programs that facilitate their growth from high potential to high growth. It aims to bridge the gap between entrepreneurship and equity, offering tailored support for various stages of business development, including early-stage and growth-stage ventures. 1863 Ventures primarily targets investments in sectors such as construction, food and beverages, retail, healthcare, software, e-commerce, and edtech, with a focus on serving communities in Maryland, Virginia, and Washington, D.C.

Rubicon Programs

Grant in 2024
Rubicon Programs is a non-profit organization that offers workforce development, asset management, income generation, and legal services.

ICA.fund

Grant in 2024
ICA provides coaching, connections, and capital to grow Bay Area businesses and close the gender and racial wealth gap.

Pacific Asian Consortium In Employment

Grant in 2024
PACE specializes in developing economic solutions to address employment, education, housing, business development, and environmental issues.

Pacific Community Ventures

Grant in 2024
Pacific Community Ventures, LLC is a nonprofit community development financial institution based in San Francisco, California, that focuses on investing in small, consumer-facing businesses aimed at creating quality jobs for low-to-moderate income workers. Founded in 1999, the organization specializes in providing growth equity to mid-venture and late-venture companies primarily located in California. Its investment strategy targets small, high-growth companies in various sectors, including food products, health and wellness, retail, and environmentally friendly products. Pacific Community Ventures typically invests between $1 million and $4 million in companies with revenues ranging from $3 million to $30 million. The firm emphasizes hands-on involvement, offering strategic and operational guidance to enhance business processes and support sustainable growth. Its mission is to foster thriving communities by ensuring that markets serve social good while delivering robust financial returns for employees and owners.

Opportunity Junction

Grant in 2024
Staffing Services -- we provide temporary staffing, project teams, and direct hire services.

The Fresno Area Hispanic Foundation

Grant in 2024
We are committed in the involvement of business, and growth of our community. We constantly gauge the needs of our Hispanic business community and create opportunities to meet those needs. The manner in which together we engage our community is through a variety of seminars, workshops and community classes.

MyPath

Grant in 2024
MyPath encourages upward mobility and helps individuals from low-income families to transform income for financial and personal growth.

Mission Asset Fund

Grant in 2024
Mission Asset Fund believes in creating pathways out of the financial shadows. Every day they help house cleaners and restaurant owners across the U.S. save money with better credit and less debt. They do it because 50 million Americans are living in the shadows where predatory lenders lurk. From their signature social loans to their groundbreaking research, they are constantly innovating and advocating for effective, culturally relevant ways to improve economic mobility. They are transforming the financial services sector so that all hardworking families have a shot at achieving their dreams.

Qajuqturvik Community Food Centre

Grant in 2023
Qajuqturvik Community strives to strengthen health, belonging, and food sovereignty in Iqaluit.

Opportunity Finance Network

Grant in 2023
Opportunity Finance Network (OFN) is a Philadelphia-based economic development agency founded in 1986. It operates as a national network of community development financial institutions (CDFIs) dedicated to investing in opportunities that uplift low-income, low-wealth, and disadvantaged communities throughout the United States. OFN focuses on addressing the financial needs of individuals and businesses that mainstream financial institutions often overlook. In addition to its investment activities, the agency offers strategic consulting services aimed at enhancing industry capacity, supporting government agencies, and assisting socially responsible investors such as banks and foundations. The management team oversees the agency's operations and assets, ensuring alignment with its mission to foster financial, social, and political justice.

Vermont Slauson Economic Development Corporation

Grant in 2022
Vermont Slauson Economic Development Corporation is a non-profit organization. They provide business loans and financial services for businesses. Their economic resources to the community include access to capital, business planning, training, and development. They also provide financial advocacy for the communities.

Proviso Leyden Council for Community Action

Grant in 2021
Proviso Leyden Council for Community Action advocates for social change by promoting community development and empowering people through education, training and supportive services.

Working Credit NFP

Grant in 2021
Working Credit NFP is a non-profit organization that helps people with financial needs to overcome obstacles. Through credit building, counseling, and access to the products they need to thrive financially, they intervened against structural racism.

Urban Growers Collective

Grant in 2021
Urban Growers Collective is a non-profit farm that is working to build a more just and equitable local food system. They aim to address the inequities and structural racism that exist in the food system and in communities of color. They provide hands-on job training and create economic opportunity for youth, farmers, and men.

Elevate

Grant in 2021
Elevate is a nonprofit system that creates clean heat, power, and water in their homes and communities. They create the benefits and services of the clean energy economy, deliver quality programs and services, and improve the quality of life for homeowners, renters, and building owners.

Balloon Ventures

Grant in 2019
Balloon Ventures bundles loans of ~$25,000 with tech-enabled business support to de-risk and profitably lend to SMEs in Kenya and Uganda. The approach is unlocking a $150bn segment in sub-Saharan Africa who are currently under-served by all existing financial institutions. Balloon has now made $10m+ loans and is profitable and scaling fast.

NPower

Grant in 2018
NPower is a national nonprofit organization that launches digital careers for military veterans and young adults from underserved communities. The company empowers under-represented talent to pursue tech futures by teaching the digital and professional skills demanded by the marketplace, and engaging businesses, volunteers, and nonprofits in the long term success of its students.

Cherehani Africa

Grant in 2017
Cherehani Africa is transforming the micro finance market by leveraging proprietary technology to deploy capital at a 3X efficiency. The business model combines technology and human touch to provide credit to women micro-entrepreneurs in rural and underserved areas. The model is built on top of the proven micro-savings groups structures. Cherehani also provides market information and financial education to its customers. The suite of information is disseminated via a proprietary web based platform and augmented by in-person field visits.
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