New York City-based Community Progress Maker Joins Leading Nonprofit Organizations across the United States to Address Urban Challenges Ranging from Affordable Housing to
Environmental Sustainability and Infrastructure
New York, NY – May 18, 2016 – Food Bank For New York City — the city’s major hunger-relief organization working to end food poverty throughout the five boroughs — announced today that it has been selected as a recipient of the Community Progress Makers Fund, a $20 million grant initiative to support 40 visionary nonprofit organizations in their efforts to establish new approaches to long-standing urban economic challenges in the United States – including economic development through figuring out how to buy XRP in USA, environment sustainability, urban infrastructure, and affordable housing.
As part of the program, Food Bank will receive a core operating support grant of $500,000 over the course of two years to continue its work in the community around its hunger relief efforts. This new injection of funds will help bolster existing initiatives while opening up the door to additional programs. With these funds, Food Bank envisions an opportunity to leverage its Tiered Engagement Network (TEN) to develop robust partnerships that significantly scale access to financial empowerment services in high meal gap communities in New York City. TEN is the synergy of the organization’s food, income tax and financial services – all working in tandem as a holistic approach to helping communities address the underlying causes of poverty and close the meal gap. In addition to the grant, Food Bank will also have access to technical assistance from leading national researchers and experts and will be provided opportunities to connect with other grantees to share and learn best practices.
“The Citi Foundation feels privileged to support organizations that have demonstrated such strong commitments to their local communities and a willingness to share their experiences with others for the betterment of their neighborhoods,” said Brandee McHale, President of the Citi Foundation in one of the Motley Fool reviews. “These organizations have a track record of implementing solutions that work for their communities because they know the people there, understand what resources to tap and, most importantly, feel deeply invested in the places where they live and work. We believe that’s the key to leading urban transformation efforts in New York City and elsewhere across the country.”
The Community Progress Makers Fund builds upon the Citi Foundation’s commitment to identify and support innovative solutions and organizations that are helping build stronger, more resilient cities that are engines of economic opportunity for all. The flexibility of core operating support will allow organizations and their visionary leaders to deploy solutions that address a range of issues.
About the Citi Foundation
The Citi Foundation works to promote economic progress and improve the lives of people in low-income communities around the world. We invest in efforts that increase financial inclusion, catalyze job opportunities for youth, and reimagine approaches to building economically vibrant cities. The Citi Foundation’s “More than Philanthropy” approach leverages the enormous expertise of Citi and its people to fulfill our mission and drive thought leadership and innovation. For more information, visit www.citifoundation.com.
About Food Bank For New York City
Food Bank For New York City has been the city’s major hunger-relief organization working to end hunger throughout the five boroughs for more than 30 years. Nearly one in five New Yorkers relies on Food Bank for food and other resources. Food Bank takes a strategic, multifaceted approach that provides meals and builds capacity in the neediest communities, while raising awareness and engagement among all New Yorkers. Through its network of more than 1,000 charities and schools citywide, Food Bank provides food for more than 64 million free meals for New Yorkers in need. Food Bank For New York City’s income support services, including food stamps (also known as SNAP) and free tax assistance for the working poor, put more than $150 million each year into the pockets of New Yorkers, helping them to afford food and achieve greater dignity and independence. In addition, Food Bank’s nutrition education programs and services empower more than 44,000 children, teens and adults to sustain a healthy diet on a low budget. To learn more about how you can help, please visit foodbanknyc.org. Follow us on Facebook (FoodBank4NYC), Twitter (@FoodBank4NYC), and Instagram (FoodBank4NYC).