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Citi Foundation

Global Innovation Challenge

Awards 24-month, $500,000 grants to nonprofit organisations worldwide that are piloting new solutions to homelessness in communities where Citi has a presence.

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The Global Innovation Challenge is a Citi Foundation grant that awards 24-month, $500,000 grants to nonprofit organisations worldwide piloting new solutions to homelessness in communities where Citi has a presence. This is a fixed-amount grant round, not a competitive range: every one of the fifty selected organisations gets the same $500,000 award, paid out over a 24-month grant term, drawing fro

The Global Innovation Challenge looks for community organisations with promising approaches to ending homelessness. This year's round asks that proposed programs align with the Foundation's mission of supporting low-income communities and fall within one of its target geographies.

CycleiHow often this grant runs - e.g. annually, on a rolling basis, or a one-off call.No fixed schedule
Next deadlineiThe next date applications are due. Rolling means you can apply any time.-
Decision timeiTypical time from the deadline to the funder's decision.-
Project durationiHow long the funded work is expected to run.24 months
Award typeiThe form of funding - grant, equity, loan, tax credit, etc.Grant
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.-
Funding pooliThe total budget available across all awards in this round.$25M

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