In 1980, LISC opened for business with $10 million in capital from our first eight funders. Since that modest beginning, we’ve raised nearly $15 billion from thousands of donors and supporters—including foundations, corporations, financial institutions, individuals and government entities—to invest in under-resourced neighborhoods across the United States.
With these resources, we make grants to help community groups improve their operations and carry out programs that enhance quality of life. We also provide loans and equity to preserve or create affordable housing, schools, grocery stores, health clinics and much more. But the relationships with our partners go well beyond the dimensions of financial support. Many of our donors work with us day in and day out, contributing their leadership and expertise to our staff and nonprofit partners, locally and nationally.
We are grateful to every funder, supporter and partner for playing a critical role in our work. If you would like to join us in our efforts, please make a tax-deductible contribution to LISC. Every dollar we invest attracts another $3 in private capital, amplifying the impact of your contribution.
The Kresge Foundation was founded in 1924 to promote human progress. Today, Kresge fulfills that mission by building and strengthening pathways to opportunity for low-income people in America’s cities, seeking to dismantle structural and systemic barriers to equality and justice. Using a full array of grant, loan, and other investment tools, Kresge invests more than $160 million annually to foster economic and social change. For more information visit kresge.org.