We're pleased to announce that we will benefit from a funding boost of over £458,868 following a successful 'E for Education' campaign by our supporters Citi. This money will be used to further our mission of tackling educational inequality.
During the ten-week campaign, which ran from 12 September to the 18 November, Citi donated $1 (approx. £0.79) for every $10 million traded through its foreign exchange (FX) platforms. The money went to seven education charities around the world.
Citi chose us as a recipient for the fourth year in a row, and we have now benefited from over £1.6million raised through the campaign in that period. Citi’s support has helped us drive exceptional change within classrooms and schools to help ensure that no child's education is limited by their socio-economic background.
During the course of the campaign, along with fellow UK charity beneficiary SkillForce, we organised events and publicity to promote the campaign. The Screen at Canary Wharf and posters at the Canary Wharf DLR station encouraged traders and clients to use the FX platforms.
A-level students from four secondary schools in the capital were also invited to work with volunteer traders at the Citi offices and take part in a simulation trading game, exchanging commodities and shares to make as much profit as possible. They were also able to see the real trading floor in action.
President of the CBI and Teach First chair Paul Drechsler CBE, and Chief Executive Brett Wigdortz OBE, were on hand to collect the cheque for this year's funds at a celebration event for the campaign on Tuesday 29 November.
Brett said, “A huge thank you to Citi and everyone involved in the campaign for raising such an impressive amount of money for Teach First. The support we have received from Citi over the years has made a huge difference. Thanks to their support, we'll be able to work with even more young people to ensure that they reach their full potential and their destiny isn't determined by their background."