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Citi Markets to Donate Over $6.6 Million to Education-Focused Non-Profits

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Last updated 01/29/2024 by

SuperMoney Team

Summary:
Citi Markets is set to donate more than $6.6 million to education-focused non-profit organizations in its 2023 e for education campaign, bringing the total contributions to over $73 million since 2013. This initiative has positively impacted two million young people globally, supporting 54,000 schools across 81 countries. Learn how Citi’s commitment to education has evolved and the significant role it plays in empowering communities.

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Citi’s $6.6 Million pledge for education

Citi has announced a substantial donation, exceeding $6.6 million, to support education-focused non-profit organizations as part of its 2023 e for education campaign. This marks a significant milestone in the campaign’s history, with total contributions surpassing $73 million since its inception in 2013.

E-trading for education

During an annual eight-week campaign from September to October, Citi Markets allocates a percentage of business proceeds traded electronically to fund education initiatives. This innovative approach has proven successful, allowing the campaign to make a lasting impact on education worldwide.

Empowering youth through education

Flavio Figueiredo, Head of FX at Citi, expressed pride in witnessing the campaign’s positive influence over the years and stressed that the transformative power of education is at the core of Citi’s commitment to helping young individuals succeed.
We wholeheartedly believe in the power of education to help young people unleash their talent and are very proud witnessing the impact that the campaign has had over the last decade.”

Global reach and impact

The e for education campaign focuses on addressing childhood illiteracy and enhancing access to quality education. Since its launch, it has supported more than two million young people, benefited 54,000 schools, and reached communities in 81 countries.

FAQs

How does Citi choose its non-profit partners?

Citi collaborates with 13 non-profit partners globally, focusing on supporting the right to education for all children. The selection is based on the partners’ dedication to empowering communities through education.

How can individuals contribute to the e for education campaign?

Individuals can stay informed about the campaign by visiting the official website: www.citifx.com/e4e. Additionally, Citi encourages engagement with their non-profit partners for direct contributions.

Key takeaways

  • Citi Markets pledges over $6.6 million for education-focused non-profit organizations.
  • The 2023 e for education campaign marks a decade of positive impact with more than $73 million donated to date.
  • Global contributions support two million young people and 54,000 schools in 81 countries.

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