Citi Foundation Invests $35M in Financial Resilience for Nonprofits

NEW YORK — The Citi Foundation announced a $35 million investment that will support 70 nonprofit organizations across the United States working to strengthen household financial resilience, providing resources aimed at helping individuals and families achieve greater financial stability.

The funding, distributed through the foundation’s 2026 Community Finance Innovation Fund, will provide grants of $500,000 each to selected nonprofit organizations. The initiative focuses on helping households stabilize their finances, build long-term financial health, and protect themselves from fraud and financial setbacks.

According to the foundation, the program is designed to expand access to financial education, savings opportunities, credit-building resources, and other tools that help families navigate economic challenges while creating pathways toward long-term prosperity.

“The Citi Foundation is committed to helping families and individuals find more financial stability, safety and a stronger footing so they can keep moving forward on their financial paths,” said Brandee McHale, president of the Citi Foundation.

The announcement comes as many communities continue to face economic pressures related to inflation, housing affordability, and financial insecurity. By partnering with nonprofit organizations that work directly with residents, the foundation aims to strengthen local support systems while helping families develop sustainable financial habits.

Community finance leaders have increasingly emphasized the importance of combining financial education with practical resources that allow individuals to build savings, improve credit profiles, and prepare for unexpected expenses. The Citi Foundation initiative seeks to advance those goals through organizations with established records of community impact.

The investment also highlights the growing role corporations can play in addressing financial well-being beyond traditional philanthropy. Rather than focusing solely on immediate assistance, the program emphasizes long-term resilience and the development of skills and resources that can help households create lasting financial security.

“Heartitude is revealed when organizations choose to invest in people’s potential instead of simply responding to their problems,” said Bruce Petillo, founder of Heartitude. “Initiatives that help families build stability, confidence, and opportunity create ripples of positive impact that extend throughout entire communities.”

The grants are expected to support nonprofit-led programs nationwide, expanding access to financial tools and services that help individuals and families move toward a more secure future.

About Citi Foundation

The Citi Foundation works to promote economic progress and improve the lives of people in low-income communities around the world through initiatives focused on financial inclusion, youth opportunity, and community development.

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