Grants Totaling $630,000 Awarded to 63 Nonprofit Organizations

NEW YORK, May 19, 2008 (BUSINESS WIRE) -- The Citi Foundation announced today that it has presented a total
of $630,000 in grants to 63 nonprofit organizations that focus on
community development through the Citi Community Scholar Intern
Program (CSIP). Located across the U.S. and in Puerto Rico, the
organizations are using these grants to provide undergraduate and
graduate students with paid internships. CSIP grants are awarded on a
competitive basis with the highest priority given to organizations
that can offer interns a valuable learning experience in the field of
community development. CSIP directly supports the Citi Foundation's
community development strategy by expanding nonprofit organizations'
capacity to address the needs of the neighborhoods they serve.

"We are very pleased to support this important program that
recognizes the critical role community development plays in helping to
revitalize underserved neighborhoods," said Leslie Meek, Vice
President and Senior Program Officer of the Citi Foundation. "Through
this program, we hope to provide additional support to nonprofit
organizations toward helping them achieve their goals, while providing
college students with a meaningful work experience and insights into
careers in the nonprofit sector."

The organizations receiving CSIP grants select and hire their
interns to ensure that they find the most suitable candidates to meet
their needs. Citi has specified that to be eligible for the grants the
interns supported by this program must work a minimum of 30 hours per
week and must be supervised by a full-time, paid employee of the
nonprofit organization.

2008 CSIP Grant Recipients by State:

California (12)

Affordable Housing Associates (Berkeley)

ByDesign Financial Solutions (Los Angeles)

California Housing Partnership Corporation (San Francisco)

Earned Asset Resource Network (San Francisco)

East LA Community Corporation (Los Angeles)

Little Tokyo Service Center Community Development Corporation (Los
Angeles)

Metropolitan Area Advisory Committee on Anti-Poverty of San Diego
(Chula Vista)

Neighborhood Partnership Housing Services (Ontario)

San Jose State University Foundation (San Jose)

Shelter Partnership, Inc. (Los Angeles)

South of Market Foundation (San Francisco)

United Way of Greater Los Angeles (Los Angeles)

Connecticut (2)

Housing Development Fund (Stamford)

Women's Business Development Center (Stamford)

District of Columbia (3)

National Coalition for Asian Pacific American Community
Development (Washington, D.C.)

Social Compact (Washington, D.C.)

Washington Area Community Investment Fund (Washington, D.C.)

Delaware (1)

Delaware State College (Dover)

Florida (4)

Corporation to Develop Communities of Tampa (Tampa)

Northwest Jacksonville Community Development Corporation
(Jacksonville)

Northwood Renaissance Inc. (West Palm Beach)

Urban League of Broward County (Ft. Lauderdale)

Illinois (5)

Center for Economic Progress (Chicago)

Chicago Community Loan Fund (Chicago)

Chicago Community Ventures (Chicago)

Neighborhood Housing Services of Chicago (Chicago)

Women's Business Development Center (Chicago)

Massachusetts (3)

Allston Brighton Community Development Center (Brighton)

Root Cause Institute Inc (Cambridge)

Urban Edge Housing Corp (Roxbury)

Maryland (1)

CASA of Maryland (Takoma Park)

Missouri (1)

Enterprise Community Partners (St. Louis)

New Jersey (3)

Greater Newark Business Development Consortium (Newark)

Housing and Neighborhood Development Services (Orange)

New Jersey Community Development Corporation (Paterson)

Nevada (2)

Consumer Credit Counseling Services of Southern Nevada (Las Vegas)

Women's Development Center Inc. (Las Vegas)

New York (14)

Asian Americans for Equality (New York)

Bridge Street Development Corporation (Brooklyn)

Community Development Corporation of Long Island (Centereach)

Cypress Hills Local Development Corporation (Brooklyn)

Enterprise Community Partners (New York)

Greater Jamaica Development Corporation (Queens)

Hope Community Inc. (New York)

Housing Action Council Inc. (Tarrytown)

Long Island City Business Development Corporation (Queens)

New Destiny Housing Corporation (New York)

Northwest Bronx Community and Clergy Coalition (Bronx)

Pratt Institute (Brooklyn)

University Neighborhood Housing Program (Bronx)

West Brighton Community Local Development Corporation (Staten
Island)

Pennsylvania (2)

Greater Philadelphia Urban Affairs Coalition (Philadelphia)

Philadelphia Chinatown Development Corporation (Philadelphia)

Puerto Rico (2)

Rural Opportunities Inc (Adjuntas)

San Juan Neighborhood Housing Services (San Juan)

South Dakota (3)

City of Sioux Falls - Planning & Building Services Department
(Sioux Falls)

Miner County Community Revitalization (Howard)

Northeast South Dakota Community Action Program Inc. (Sisseton)

Texas (4)

Avenue Community Development Corporation (Houston)

Brazos Valley Affordable Housing Corporation (Bryan)

Neighborhood Housing Services of San Antonio (San Antonio)

The Plan Fund (Dallas)

Virginia (1)

Wesley Housing Development Corporation of Northern Virginia
(Alexandria)

Citi Foundation

The Citi Foundation is committed to enhancing economic
opportunities for underserved individuals and families in the
communities where we work throughout the world. Globally, the Citi
Foundation is focusing its giving on Microfinance and
Microentrepreneurship, which helps individuals become economically
self-sufficient; Small and Growing Businesses, leading to economic
expansion and job creation; Education, which prepares young people for
personal and professional success; Financial Education, which helps
individuals make informed financial decisions; and the Environment
with a focus on sustainable enterprises that generate jobs and
stimulate economic growth while preserving the environment. In the
U.S. and Canada, the Citi Foundation supports Community Development
programs that help build and revitalize neighborhoods and Education
programs that prepare students for college and careers. Additional
information can be found at http://www.citigroupfoundation.com/.

SOURCE: The Citi Foundation

Media:
Valerie Hendy, 212-559-3362

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