Citi Foundation Announces Recipients of Inaugural Global Innovation Challenge

NEW YORK--(BUSINESS WIRE)--Today, the Citi Foundation announced the grant recipients of its first-ever Global Innovation Challenge, a new model to identify and provide philanthropic support to community organizations that are developing innovative solutions to social and economic challenges facing low-income communities. Initially previewed at the Global Citizen Festival this weekend, the inaugural Global Innovation Challenge is providing a total of $25 million to 50 community organizations wor