URBAN LEAGUE OF BROWARD COUNTY SELECTED BY CITI FOUNDATION’S COMMUNITY PROGRESS MAKERS FUND TO ACCELERATE ECONOMIC OPPORTUNITY IN BROWARD COUNTY
$500,000 Investment in core operating support will enable Urban League of Broward County
to prepare minority and women-owned businesses for procurement opportunities
April 26, 2018, Fort Lauderdale, FL. The Citi Foundation announced that Urban League of Broward County (ULBC) was selected as the recipient of a $500,000 grant as part of the 2018 Community Progress Makers Fund. The Fund is a $20 million, two-year initiative by the Citi Foundation to support high-impact community organizations that are driving economic opportunities in our communities by bringing together residents, nonprofits, businesses, and municipal agencies. ULBC joins a group of 40 change agents who are playing a key role in coordinating the efforts of multiple partners toward common goals and working in new ways to address urban challenges in Chicago, Los Angeles, Miami, New York City, San Francisco Bay Area, and Washington D.C.
Through the fund, the Urban League will prepare minority and women-owned businesses for untapped procurement opportunities throughout Florida by partnering with anchor institutions to expand their supplier diversity programs and provide an economic boost to sustain underserved communities long term.
“We launched this program in 2015 as our version of ‘venture philanthropy’ – a chance to invest in the vision and mission of these organizations who are helping positively transform their communities,” said Brandee McHale, president of the Citi Foundation. “We’re pleased with the results from our inaugural Community Progress Makers and are looking forward to implementing the lessons we’ve learned with this next, impressive group of community leaders as they scale, innovate and drive impact.”
“The only way to root out poverty is through quality education, family strengthening, and career development,” said Dr. Germaine Smith-Baugh, president and CEO of the Urban League of Broward County. “As a Community Progress Maker, the Urban League will leverage our Entrepreneurship Center to give small business owners the technical assistance, education and access that they need in order to build wealth for themselves and for their communities.”
In 2016-2017, the inaugural cohort of Community Progress Makers helped more than 14,700 low-income people secure financial assets; built over 10,500 affordable housing units; strengthened more than 1,100 small businesses; and connected 1,800 young people to jobs in their communities.
Below is a full list of 2018 Community Progress Makers:
New York City
San Francisco Bay Area
About the Urban League of Broward County
The Urban League of Broward County is a not for profit organization founded to empower communities and change lives. Our mission is to secure economic self-reliance, parity, power and civil rights. Our “Breaking the Cycle” programs uplift more than 11,000 people every year through affordable housing initiatives, youth development, and diversion, employment and training, community empowerment, and civic engagement. Learn more about the Urban League of Broward County by visiting www.ulbroward.org.
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.
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