Citi Donates $9.4 Million to Education-Focused Non-Profit Organizations
Citi has announced a record donation of $9.4 million to education-focused non-profits as part of its 2020 e for education campaign, marking the highest annual contribution since the initiative's inception in 2013. The campaign has raised a total of $47 million, supporting over 606,000 youth and benefiting 530 schools across 32 countries. The initiative aims to tackle childhood illiteracy and improve educational access globally.
- Donated a record $9.4 million in 2020, highest since 2013.
- Total funds raised since inception now at $47 million.
- Supported over 606,000 youth and 530+ schools worldwide.
- None.
LONDON--(BUSINESS WIRE)--Citi today announced it has donated
Citi donated a percentage of the business proceeds traded electronically during the eight-week campaign from September to October.
The figure represents the highest annual amount raised since the initiative was launched. Since its inception in 2013, the campaign has raised
“Our non-profit partners have persevered throughout the pandemic in their mission to provide equal access to a quality education for all children. We at Citi are humbled by their dedication and heartened by the response to the campaign, which serves as a testament to the impact of bringing people together to tackle these critical challenges.” – Itay Tuchman, Global Head of FX.
The education-focused non-profit organizations tackle childhood illiteracy and improve access to quality education.
Since its launch, the campaign has:
-
Raised over
$47 million - Supported 606k + youth
- Helped 530+ schools
- Has spanned over 32 countries. With the inclusion of Teach For All, this will grow to over 70.
Further information can be found at: https://www.citifx.com/e4e/
Citi’s first E for Education campaign originated in FX in 2013 and the campaign has been expanded across Citi’s Markets and Securities e-trading businesses for the first time this year, including Commodities, Rates, Global Spread Products and, for the second year, Futures & Equities.
Citi works with 10 non-profit partners globally that support the right to education for all children, including Teach For All for the first time in 2020. The non-profit partners represent the global footprint of Citi’s Markets and Securities business.
2020 Partners:
Teach For All
A global network of organizations working to ensure all children have the education, support, and opportunity they need to fulfil their potential.
Malala Fund
Breaks down the barriers preventing more than 130 million girls around the world from going to school
Civic Builders
Builds environments fit for learning
Empower
Supports at-risk youth in education in EM countries
Fallen Patriots
Educates children who have lost a parent in the US Military
Place2Be
Enhances the wellbeing and prospects of children and their families by providing access to therapeutic and emotional support in schools
Reach the World
Makes the benefits of travel accessible to classrooms, inspiring youth to become more curious, confident global citizens
Room to Read
Gives children in EM countries access to education
Teach First
Develops teachers (and supports talented teachers to become inspiring and effective leaders)
Uncommon Schools
Opens schools in low-income areas
About Citi
Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. Additional information may be found at www.citigroup.com | Twitter: @Citi | YouTube: www.youtube.com/citi | Blog: http://blog.citigroup.com | Facebook: www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi
