Citigroup Community Summer Intern Program (CSIP) Awards Grants Totaling $825,000 to 165 Nonprofit Organizations.

NEW YORK -- Students to Intern at Organizations in California, Connecticut, Delaware, Florida, Illinois, Missouri, Nevada, New Jersey, New York, Puerto Rico, South Dakota, Texas and Washington, D.C.

The Citigroup Foundation today has announced that it has presented a total of $825,000 in grants to 165 nonprofit organizations that focus on community development through the Citigroup Community Summer 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 for the summer. 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 community development field.

"We are very pleased to continue to expand 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 Citigroup Foundation. "Through this program, we hope to provide additional support to nonprofit organizations toward helping them achieve their goals, while providing college students with 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. Citigroup 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. Citigroup's Global Community Programs Department and the Citigroup Foundation administer the CSIP program.

Citigroup (NYSE: C), the leading global financial services company has some 200 million customer accounts and does business in more than 100 countries, providing consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, and wealth management. Major brand names under Citigroup's trademark red umbrella include Citibank, CitiFinancial, Primerica, Smith Barney and Banamex. The Citigroup Foundation focuses its grants primarily in three areas: financial education, educating the next generation, and building communities and entrepreneurs. Additional information may be found at www.citigroup.com.