September 30, 2020

People in Need Can Count on Us Even During the Second Wave!

Citi Foundation Donates HUF38,6 million to the Hungarian Red Cross in order to support communities in need impacted by covid-19 pandemic in the following months

Budapest, Hungary – Citi Foundation announced that it is donating HUF38,6 million to the Hungarian Red Cross to support its efforts to deliver ongoing relief and support for longer-term economic recovery in communities impacted by the global pandemic in Hungary.

Recognizing the disproportionate impact that COVID-19 has had on communities, Citi Foundation decided to support – in partnership with the Hungarian Red Cross – people who lost their jobs due to the COVID-19 pandemic, those who are living in social institutions operated by the Hungarian Red Cross, families and homeless people.

COVID-19 has hit economically disadvantaged people the hardest, so within the scope of the program these negatively impacted families and people will be supported, many of whom have become unemployed further increasing their vulnerability during the pandemic. Also supported will be clients of the social care system; families living in 10 Temporary Family Shelters (Családok Átmeneti Otthona) of the HRC, and in 119 other social care institutions and services, operated by the HRC.

This support will include food, personal hygienic products, personal protective equipment and disinfectants for cleaning in social institutions.

With the Citi Foundation donation, the Hungarian Red Cross will be able to continue to support our communities with logistics, volunteers and other complimentary tasks and duties during the second wave of the pandemic.

In Hungary, the Hungarian Red Cross was among the first non-profit organizations aiming at reducing the harmful effects of the novel coronavirus during spring time. As the second wave of the pandemic reached our country in September, Citi Foundation’s support came at the best time. With the donation, we will be able to keep up helping those people who found themselves in difficult circumstances due to the pandemic. – said István Kardos, Director of the Hungarian Red Cross.

Veronika Spanarova, Citi’s CEO for Hungary, commented the donation, “COVID-19 pandemic has brought to the forefront the social and economic inequalities that exist in our communities. Partnering with the Hungarian Red Cross to support families and communities most impacted helps address the disparities that persist and support our communities in need.”

In addition, Citi continues to take proactive measures to preserve the well-being of employees locally and globally.