Dealflow | February 25, 2017

Citi Foundation commits $100 million to boost youth employment

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Citi Foundation has committed $100 million to boost youth employment.

The donation to its Pathways to Progress initiative is Citi Foundation’s largest gift ever.

Pathways launched in 2014 with $50 million to support first jobs, internships and training for urban youth in 10 U.S. cities.

Pathways will use half of the new infusion to expand globally, with a three-year goal of reaching 500,000 urban youths aged 16 to 24 in Beijing, Casablanca, Johannesburg, London, Madrid, Mexico City, Mumbai, São Paulo, Seoul, Singapore, Sydney, Taipei and Warsaw.