Deadline: 13-Feb-24
The Citi Foundation has announced Global Innovation Challenge to strengthen nonprofits pioneering solutions to homelessness.
The Citi Foundation primarily provides funding through open Requests for Proposals (RFP). This model enables them to engage and support a broad range of organizations across the globe to tackle some of the most pressing social issues of their time.
Through the 2024 Global Innovation Challenge, Citi Foundation will provide a total of $25 million to 50 community organizations that are working in novel ways to address homelessness.
The Citi Foundation’s 2024 Global Innovation Challenge (“Challenge”) seeks to provide catalytic funding to community organizations working in novel ways to address homelessness. More specifically, they invite proposals from community organizations either piloting or scaling a solution that directly impacts the lives of individuals, families and communities at risk of or experiencing homelessness. These ideas could include, but are not limited to:
- Piloting or scaling a solution that seeks to enhance the current emergency shelter system, such as apps or platforms that connect individuals with available shelters in real time.
- Piloting or scaling a program that embeds financial coaching, counseling and/or assistance to low-income individuals or families seeking to secure stable housing.
- Piloting or scaling a program that prioritizes stable housing as the first step, followed by connecting individuals and communities to additional support services such as medical services, mental health services, counseling or job training.
Funding Information
- The Foundation plans to award 24-month grants of $500,000 (USD) to 50 community organizations working in select communities where Citi has a presence.
Geographic Areas
- Africa: Algeria, Cameroon, Côte D’Ivoire, Democratic Republic of the Congo, Egypt, Gabon, Ghana, Kenya, Morocco, Nigeria, Senegal, South Africa, Tanzania, Tunisia, Uganda and Zambia
- Asia Pacific: Australia, Bangladesh, Hong Kong, Indonesia, Japan, South Korea, Malaysia, Philippines, Singapore, Sri Lanka, Taiwan, Thailand and Vietnam
- Europe: Austria, Belgium, Bulgaria, Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Kazakhstan, Luxembourg, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Spain, Sweden, Switzerland, Turkey, Ukraine and United Kingdom
- Middle East: Bahrain, Israel, Jordan, Kuwait, Lebanon, Pakistan, Qatar, Saudi Arabia and United Arab Emirates
- Latin America & the Caribbean: Argentina, Bahamas, Brazil, Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, El Salvador, Guatemala, Haiti, Honduras, Jamaica, Panama, Paraguay, Peru, Trinidad & Tobago and Uruguay
- North America: Canada, Mexico and select U.S. states and territories: California, Florida, Illinois, New York and Washington D.C.
Eligibility Criteria
- Applicant organizations must be registered as nonprofit entities under local law. For example, for U.S. entities, applicants need to be tax-exempt public charities as per Section 501(c)(3) of the U.S. Internal Revenue Code.
- Applicants must be able to submit their most recent externally audited financial statements, including auditor’s notes, covering some part of calendar year 2022 or a subsequent year.
- Applicant’s proposed program must align with the Foundation’s mission of supporting low-income communities as defined by local standards and definitions.
- Applicant’s proposed program must impact one or more of the target geographies.
For more information, visit Citi Foundation.
