Local Initiatives Support Corporation
Local Initiatives Support Corporation (LISC) is a 501(c)(3) nonprofit organization headquartered in New York, NY at 28 Liberty Street, 34th Floor. Founded in 1980, LISC operates as a community development organization with 37 local offices working across 2,400 rural counties in 49 states. The organization collaborates with residents and local partners to advance equitable, comprehensive community development strategies.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.6B
+8.3% YoY
Annual Giving
$102.8M
-31.0% YoY
Grant Count
1,119
-18.5% YoY
Avg Grant Size
$92K
-15.4% YoY
Mission & Focus Areas
LISC's mission is to help forge resilient and inclusive communities of opportunity across America—great places to live, work, visit, do business and raise families. Together with residents and partners, the organization works to identify community priorities and challenges, formulate comprehensive strategies, and deliver effective support to meet local needs.
Primary focus areas include:
- Affordable Housing: Housing development and preservation projects
- Access to Capital: Financing with technical assistance for housing and community and economic development projects, supporting nonprofits, developers, and mission-aligned businesses that lack access to conventional financing
- Fund Management: Aggregating and managing impact capital
- Economic Development: Supporting job creation and entrepreneurship
- Arts and Culture: Community cultural initiatives
- Financial Tools: Providing financial resources and support to underserved communities
Grantmaking
LISC provides financing and grants to support community development initiatives. Recent grantmaking activity includes:
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Geographic Focus
Where this funder awards grants
LISC operates nationally with 37 local offices serving 2,400 rural counties across 49 states. The organization has specific regional presence including New York and Los Angeles, among other locations.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue (2024)
- Total Assets: $1.64 billion
- Annual Revenue: $364 million
- Annual Expenses: $345 million
- Total Liabilities: $1.09 billion
Federal Awards (2025) LISC received $554 million in federal awards from five agencies:
- Department of Housing and Urban Development: $207.5 million (64 awards)
- Corporation for National and Community Service: $169.5 million (29 awards)
- Department of Justice: $77.2 million (21 awards)
- Department of the Treasury: $55.8 million (18 awards)
- Department of Education: $44 million (3 awards)
Staffing The organization employs 877 staff members.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,641,792,900 | $1,515,989,183 | $1,383,146,715 |
| Revenue | $363,857,494 | $373,059,143 | $290,171,184 |
| Expenses | $344,531,235 | $372,765,330 | $283,041,132 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $11,708,786 | $10,086,618 | $5,228,358 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Open Grants
3 open opportunities from Local Initiatives Support Corporation
Game On-Community Places to Play Initiative Grant
LOCAL INITIATIVES SUPPORT CORPORATION
Amount
US $50,000 - US $100,000
Deadline
Rolling / Open
LISC Child Care Facilities Planning Grant Program
LOCAL INITIATIVES SUPPORT CORPORATION
Amount
Varies
Deadline
Rolling / Open
NFL Foundation Grassroots Program Grant
LOCAL INITIATIVES SUPPORT CORPORATION
Amount
Up to US $250,000
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Michael Pugh: President and Chief Executive Officer
- Board Members: Robert Rubin (Chairperson), Audrey Choi, Rey Ramsey
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ALISAHAH JACKSON MD | DIRECTOR | 1 | — |
| ANTONIO MANNING | DIRECTOR | 1 | — |
| CHARLES SMITH | DIRECTOR | 1 | — |
| CURTIS REED JR | DIRECTOR | 1 | — |
| DAVID HESS | DIRECTOR | 1 | — |
| ELLEN GILLIGAN | DIRECTOR | 1 | — |
| GREGORY BELINFANTI | DIRECTOR | 1 | — |
| GREGORY FAIRCHILD | DIRECTOR | 1 | — |
| JERRY RICKETT | DIRECTOR | 1 | — |
| KATHRYN E MERCHANT | DIRECTOR | 1 | — |
| LISA CASHIN | VICE CHAIR & DIRECTOR | 1 | — |
| LISA HASEGAWA | DIRECTOR | 1 | — |
| MICHAEL PUGH | DIRECTOR/CEO | 35 | $688,920 |
| MICHELLE DE LA UZ | DIRECTOR | 1 | — |
| NICOLE ARNABOLDI | DIRECTOR | 1 | — |
| NILDA RUIZ | DIRECTOR | 1 | — |
| REY RAMSEY | DIRECTOR | 1 | — |
| ROBERT RUBIN | CHAIRMAN & DIRECTOR | 1 | — |
| ROLAND ANGLIN | DIRECTOR | 1 | — |
| SALLY DURDAN | DIRECTOR | 1 | — |
| ZACHARY BOYERS | DIRECTOR | 1 | — |
| ADRIANA SANDOVAL | CFO BROADSTREET IMPACT SERVICES, LLC | 35 | $275,469 |
| AFRAA SALEM | VP | 35 | $228,657 |
| ANNA ALEKSEYEVA | OUTGOING SVP | 35 | $188,727 |
| BARBARA LIBOVE | SVP & DEPUTY CFO | 35 | $284,498 |
| BEVERLY SMITH | VP | 35 | $226,312 |
| CAITLIN CAIN | OUTGOING VICE PRESIDENT | 35 | $13,362 |
| CELAYNE HILL | SVP & SECRETARY | 35 | $296,139 |
| CHRISTINA TRAVERS | EVP/CFO | 35 | $402,343 |
| COLLETTE WILLIAMS | VP & CONTROLLER | 35 | $265,325 |
| CONSTANCE MAX | EVP | 35 | $235,026 |
| COURTNEY BRANKER | VP FINANCE & CAPITAL STRATEGIES | 35 | $239,655 |
| DANIEL NEIL MAXWELL | SVP | 35 | $111,284 |
| DAVID GREENBERG | VP | 35 | $219,340 |
| DEANNA L HAMILTON | SVP | 35 | $104,524 |
| GEORGE ASHTON III | OUTGOING MANAGING DIRECTOR | 35 | $162,897 |
| JESSICA HART | VP | 35 | $265,019 |
| JOHN MOON | SVP AND PRESIDENT, LISC GREEN | 35 | $49,935 |
| JOSEPH M HORIYE | VP | 35 | $248,893 |
| KENNETH PATRICK MAHER | SVP & SECRETARY | 35 | $299,366 |
| KEVIN BOES | CEO - BROADSTREET | 35 | $407,646 |
| KIMBERLY CUTCHER | VP | 35 | $173,742 |
| LAUREL ENGBRETSON | VP | 35 | $168,100 |
| MADELINE FRASER COOK | SVP | 35 | $252,907 |
| MANPREET MANGAT | VP | 35 | $236,475 |
| MARY TALBOT | VP | 35 | $204,610 |
| MATTHEW JOSEPHS | SVP | 35 | $313,635 |
| MICHAEL SKREBUTENAS | SVP | 35 | $278,585 |
| MICHAEL TANG | SVP | 35 | $138,786 |
| MIKE HUMBERSTONE | VP | 35 | $271,222 |
| MIRANDA JONES | SVP | 35 | $313,724 |
| NADIA VILLAGRAN | VP | 35 | $179,443 |
| PAUL SANTANNA | SVP | 35 | $230,605 |
| ROBERT COONEY | SVP/GENERAL COUNSEL | 38 | $370,806 |
| RUTH JONES NICHOLS | EVP | 35 | $148,177 |
| SEUNG KIM | SVP | 35 | $259,600 |
| SHAWN LUTHER | SVP, CHIEF CREDIT OFFICER | 35 | $296,201 |
| STEVE HALL | VP | 35 | $231,516 |
| STEVEN PETSOS | PRESIDENT - BROADSTREET | 35 | $355,199 |
| TAHIRIH ZIEGLER | SVP | 35 | $283,589 |
| TIFFANY DURR | SVP AND PRESIDENT OF LISC FUND MGMT | 35 | $254,114 |
| TIFFANY ROYSTER | VP | 35 | $211,010 |
| TYLER RUBIN | VP | 35 | $174,075 |
| VANESSA RYAN | VP | 35 | $194,422 |
| VUSLAT EKSI | VP | 35 | $219,869 |
| WILLIAM TAFT | SVP | 35 | $255,712 |
| YVONNE NOLAN | VP | 35 | $223,222 |
| JEANNE COLA | SENIOR EXECUTIVE DIRECTOR | 35 | $238,891 |
| LAURA JARAMILLO | EXECUTIVE DIRECTOR | 35 | $223,477 |
| MEGHAN K HARTE | SENIOR EXECUTIVE DIRECTOR | 35 | $279,078 |
| NICOLE WILLIAMS | EXECUTIVE DIRECTOR | 35 | $237,432 |
| VALERIE WHITE | SENIOR EXECUTIVE DIRECTOR | 22 | $267,967 |
| LISA GLOVER | FORMER CEO | — | $85,788 |
| DENISE NOTICE-SCOTT | FORMER PRESIDENT | — | $659,579 |
Recent News & Activity
Recent developments and announcements
**2026**: LISC announced a $100 million sustainable finance commitment to advance affordable housing, health, and jobs, funding high-performance buildings, renewable energy projects, and programs that expand green job opportunities and community resilience
**2026**: Foot Locker and LISC marked the fifth year of partnership with the Community Empowerment Program, deploying $1.26 million in grants to 20 community organizations across 11 cities
**2025**: LISC invested $3.1 billion, the organization's second largest investment year on record
**2026**: LISC issued a joint statement regarding the need for housing preservation funding in New York State
Subject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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