Citigroup, NGOs making a difference
The event was attended by executives of FEEL, Habitat for Humanity, Junior Achievement, Moms for Literacy, Red Cross Society, United Way, and YMCA. Representatives from each of these NGOs were presented with Citigroup NGO Appreciation Awards, in recognition of the service by their organisations to the people of TT. The NGOs also took the opportunity to discuss common challenges, and identify opportunities where they could work together.
Citigroup has developed relationships with these NGOs over the years, as this work falls in line with the strategic focus of the Citigroup Foundation : financial education, educating the next generation and building communities and entrepreneurs.
Listed below is summary of the projects which the bank and NGOs have worked on:
Feel - TT$150,000 Citigroup Foundation Grant for “Alleviation of Poverty Food Program” (2006), and currently TT$20,000 in annual local grants under a three year Deed of Covenant. Habitat for Humanity – TT$150,000 Citigroup Foundation Grant for “Building Citigroup Houses” for low income families. Junior Achievement - TT$300,000.00 in Citigroup Foundation Grants for “J.A. Banks in Action and In-School Programs”
Moms for Literacy - TT$60,000 Citigroup Foundation Grant for “East West Corridor Literacy Program”
Red Cross Society - A total to date of TT$560,000 as the major sponsor of the annual Red Cross Children’s Carnival, the largest annual fundraiser of the Red Cross.
United Way - approximately TT$120,000 annually through local monthly employee contributions, and the bank’s matching grants.
YMCA - TT$140,000 Foundation Grant for the program “Sustainable Thinking for the creation of youthful entrepreneurial communities.” (2004 and still in progress).
Donations to these specific NGOs total over TT$1.5 Million.
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"Citigroup, NGOs making a difference"