One of the best things about the My LA2050 Grants Challenge is seeing the great ideas you submit about making Los Angeles the best place to live, learn, connect, create, and play. This year, these ideas will get even more support thanks to some incredible partners including the Annenberg Foundation, the Snap Foundation, Second Home Hollywood, and Citi. Our partners are contributing both financial and in-kind support, expanding your ability to affect change in Los Angeles.
There is an even bigger opportunity to make an impact thanks to Citi, our newest My LA2050 Grants Challenge partner. We're thrilled to be working with such an impressive company that plays a role in the financial lives of so many Angelenos.
Citi has pledged $25,000 in funding for small business development, financial inclusion, and housing with a special focus on projects that address the racial wealth gap in Los Angeles. In years past, we've received numerous submissions to the grants challenge across each of these issues, and we hope this year will be no exception. We want this partnership to help local organizations working at the intersections of race, housing, economic development, and personal financial health access even more funding than what is offered by the Goldhirsh Foundation.
Citi will select grant recipients from proposals submitted to the My LA2050 Grants Challenge in June 2020.
The deadline to submit a proposal is April 3. We're excited to see your ideas!