On the evening of April 23rd, 700 partners, colleagues and allies gathered to officially mark LISC's 40th anniversary at a gala celebration in New York City. Special guests and speakers included New Jersey Governor Phil Murphy, St. Paul Mayor Melvin Carter, former Vice President Walter Mondale, former HUD Secretary Henry Cisneros, and former Secretary of Health and Human Services Sylvia Mathews Burwell. And of course, our 20-year board chair, former US Treasury Secretary Robert E. Rubin, the evening's distinguished honoree.
From the unprecedented $1.5 billion we invested last year in people and communities across the country, to our burgeoning collaborations with sectors ranging from tech and healthcare to sports and local government, the LISC 2018 Annual Report is chock full of good news, good numbers, and good ideas. These resources and strategies propel us on our journey to shape a brighter future for all our nation's residents. And that, in a nutshell, is the heart of LISC's mission. Read on!Read Our Report
And we've got a lot to celebrate: $20 billion in total investments, record impact in 2018, a 20-year collaboration with the NFL Foundation, and the list goes on. At a gala event in New York City, LISC honors the indispensable work of our partner organizations and the two-decade service of our board chair, former Treasury Secretary Robert E. Rubin.
LISC is using a portion of its investable assets to reinforce its mission of catalyzing opportunity throughout the country. The strategy includes a new impact investment in SustainVC Impact Fund II, which finances enterprises that advance climate solutions, economic equality, health and education.
As we kick off 2019, LISC is continuing to grow its investments in economic opportunity and its on-the-ground presence in communities across the country. We unveiled a new program office in Charlotte this week that will spearhead $25 million in investments over the next few years—all designed to boost affordable housing, improve economic mobility and raise standards of living in North Carolina’s largest city. Long-time community leader Ralphine Caldwell has been named executive director to lead the effort.