Featured Donor of the Month
LISC is proud to recognize the continued support of the Citi Foundation, the largest private funder of our national Financial Opportunity Center (FOC) network. Since 2009, the Citi Foundation has supported this network with a total of $5 million in grants to help low-income families become financially stable as measured by positive monthly cash-flow, long-term job retention, quality credit scores and positive net worth. The FOC model is, at its core, an integrated service delivery strategy.
The Citi Foundation's current $2 million, two-year grant supports FOCs in eight sites—Boston, Chicago, Houston, Kansas City, Northern Kentucky, Philadelphia, San Diego and the San Francisco Bay Area. The grant also allows LISC to undertake a national evaluation of the FOC model and provide the national training, technical assistance and oversight that is so critical to successful implementation of the model on the local level. LISC deeply appreciates the Citi Foundation's long-term commitment to family income and wealth building.
About LISC Fundraising
Community development is a dramatic example of what can happen when the goals and resources of the public, private and nonprofit sectors align. Since 1980, LISC has been able to combine the vision and the capacity of community-based organizations with the resources and expertise of the private sector, and the indispensable underpinning of supportive public policies to transform and rebuild low-income neighborhoods into healthy, sustainable communities of choice across our nation. Over the past 32 years, LISC has invested more than $12.9 billion for community development activities that build affordable homes, retail and community facilities and create new jobs. More than 3,100 donors, investors and lenders have contributed to LISC.