With its latest gift of $25,000 announced in mid-April, Citigroup Foundation has (so far) donated $100,000 to the Citigroup Endowed Scholarship Fund, which supports deaf and hard-of-hearing business students at the National Technical Institute for the Deaf, a college of Rochester Institute of Technology. The scholarship, established in 1999, helps about a dozen financial needy students each year.
Citigroup has also supported NTID students through employment opportunities. As of April 18, Citigroup has hired 134 students for summer internships and 22 graduates for business, computer, and human-resources positions at its various sites nationwide. In 2004, Citigroup hired six NTID students for summer internships, and the following year doubled that number. This summer Citigroup has 14 positions available for deaf students.
Said Kristen Fries, Citigroup Foundation’s program officer: “Providing access to higher education for students with a demonstrated financial need is a priority of the Citigroup Foundation. We are proud to partner with NTID in providing scholarships to deserving students.”
“We consider Citigroup to be one of our most valued partners,” said Dr. T. Alan Hurwitz, NTID CEO/Dean, and RIT Vice President. “Despite the ups and downs of the economy over the past several years, Citigroup’s support has remained steadfast, and we are very grateful.”
Background: Citigroup, the leading global financial-services company, provides consumers, corporations, governments, and institutions with a range of financial products and services, including consumer banking and credit, corporate and investment banking, insurance, securities brokerage, and asset management. The Citigroup Foundation focuses its grants in the areas of financial education, educating the next generation, and building communities and entrepreneurs.
Visit www.citigroup.com/citigroup/corporate/foundation/ for more information.
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