1/21/2024 0 Comments Global cities over 10 million![]() The commitment will also help scale digital tax preparation services to help more than 50,000 families access remote digital tax prep services, financial counseling and assistance in filing for stimulus funds and Earned Income Tax Credits. serve small, diverse entrepreneurs who may not fully qualify for federal government stimulus funding. The Citi Foundation is committing $10 million to help Community Development Financial Institutions (CDFIs) in the U.S. “These are our values in action and we will continue to complement our business activities with our philanthropy to support our communities in every way we can.” “Citi colleagues and businesses around the world have mobilized individually and collectively to help those most impacted by this global pandemic,” said Citi CEO Michael Corbat. ![]() Relief is being provided in the form of medical equipment for frontline healthcare workers and meals for low-income families, as well as support and resources for small businesses and individuals, to help communities facing critical challenges. They also are supporting longer-term investments in programs focused on economic recovery and financial stability. These efforts are helping to deliver immediate relief to frontline workers and populations within communities most impacted. ![]() ![]() NEW YORK-( BUSINESS WIRE)-Citi announced today that Citi and the Citi Foundation have committed over $65 million to date in support of COVID-19-related community relief efforts around the world, including nearly $36 million in charitable contributions from Citi and nearly $30 million in grants from the Citi Foundation. ![]()
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