The Citi Foundation, in partnership with America’s Promise, is launching the Youth Workforce Fund, a competitive fund that seeks to make strategic investments in community-based organizations connecting low-income young people, ages 16-24, with workplace skills and employment opportunities. The $4 million Fund will award one-year grants of up to $250,000 to a cohort of grantees across 15 markets in the United States. Selected grantees will also be provided with networking opportunities and access to Citi volunteers as part of the Fund.
The Youth Workforce Fund is part of the Citi Foundation’s Pathways to Progress initiative aimed at reducing youth unemployment around the world. Pathways to Progress first launched in 2014 with a $50 million, three-year commitment that helped more than 100,000 young people, ages 16-24, to become career-ready across the United States. In February 2017, the Citi Foundation announced a global expansion of Pathways led by a $100 million commitment to connect an additional 500,000 young people, ages 16-24, to training and jobs over the next three years. The expansion also includes a commitment to have 10,000 Citi employees volunteer to serve as mentors, coaches and role models to help young people and support their career progress.