New York · Nonprofit
LOCAL INITIATIVES SUPPORT CORPORATION
LOCAL INITIATIVES SUPPORT CORPORATION (New York) receives grants from 429 organizations whose IRS filings report $563,199,219 to it, the largest being NATIONAL PHILANTHROPIC TRUST ($105,074,000). 250 of them have funded it in more than one year.
- Revenue FY2024
- $364M
- Funders on record
- 429
- Grants received
- $563M
- Net assets
- $553M
What Local Initiatives Support Corporation does
Mission
Together with residents and partners, the organization forges resilient and inclusive communities of opportunities across america - great places to live, work, visit, do business and raise families.
As stated on its FY2024 Form 990.
Programs
Project development and investment. Lisc provides technical assistance and other program services to community based organizations throughout the country to assist them in transforming their communities into healthy and sustainable communities of choice and opportunity, including efforts to promote safer streets; help residents achieve economic stability; improve health and encourage healthy lifestyles; and incentivize change through arts and culture.
$129,844,357 spent$67,740,273 earned by the program39% of program spendingLisc provides grants to community based organizations throughout the country to support their efforts to transform distressed communities. In 2023, lisc issued 2,444 grants throughout the country to support the development of 2,675 units of affordable homes and apartments; 112,720 square feet of commercial, community, and educational facility space; and capacity building, operations, and other community development activities. Lisc also issued 200 grants to small businesses and other institutions throughout the country for covid-19 relief.
$170,453,379 spentof which $170,453,379 as grants51% of program spendingLending. Lisc provides loans, lines of credit, and other recoverable financing at all stages of development - from predevelopment to permanent - to support projects and programs that revitalize low- and moderate-income communities and benefit low- and moderate-income individuals.
$33,262,906 spent$43,449,567 earned by the program10% of program spending
The 3 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $333,560,642.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $971M to $1.2B (+20%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 25% · 2018 20% · 2019 22% · 2020 32% · 2021 14% · 2022 17% · 2023 38% · 2024 21%. Grants only. Government contracts and fees sit inside program revenue.
73% of LOCAL INITIATIVES SUPPORT CORPORATION’s revenue is contributions — more donation-reliant than the typical peer (9% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Robert Rubin
Chairman & director
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 80 funders to 164 funders, grant income rose $20M → $49M.
86 of 429 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 40% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $114M from one payer (the payer shares this organization's board, largest National Equity Fund Inc). These are real filings, and they are not money LOCAL INITIATIVES SUPPORT CORPORATION raised.
From the IRS filings of LOCAL INITIATIVES SUPPORT CORPORATION’s funders (the co-funder graph). Top 30 of 429 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
LOCAL INITIATIVES SUPPORT CORPORATION has a broad base — no single funder exceeds 19% of grant income, and it takes 13 funders to reach half.
the vertical line marks half of all grant income — 13 funders to its left
59% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund LOCAL INITIATIVES SUPPORT CORPORATION.
Largest funder’s share by year: 2017 17% · 2018 43% · 2019 22% · 2020 16% · 2021 39% · 2022 17% · 2023 7% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
38% of LOCAL INITIATIVES SUPPORT CORPORATION's funders are still giving 3 years after their first grant; 58% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
LOCAL INITIATIVES SUPPORT CORPORATION draws 74% of its grant income from funders outside New York, across 37 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $226M arriving through sponsors registered in 28 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
LOCAL INITIATIVES SUPPORT CORPORATION holds deeper cash reserves than three-quarters of the 43 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 43 community improvement nonprofits over $100M, FY2024
Government funding LOCAL INITIATIVES SUPPORT CORPORATION receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $317.2M on record — $297.9M federal, $19.3M state.
- Department of Housing and Urban Development$147.3M
- Department of the Treasury$43.0M
- Department of Education$32.0M
- Corporation for National and Community Service$27.3M
- Department of Justice$26.5M
- Department of Labor$9.3M
- CT$18.9M
- NJ$318k
- MA$99k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like LOCAL INITIATIVES SUPPORT CORPORATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In New York
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
88% of spending goes to programs.
Governance
Public support
91%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 28 states
Part of a family of 359 related entities
- Boardstreet Impact Services LLC · disregarded
- Detroit Ahlf-Cdfi Fund LLC · disregarded
- Detroit Housing for the Future Fund II LLC · disregarded
- Entrepreneurs of Color Loan Fund LLC · disregarded
- Lisc Fund Management LLC · disregarded
Screen this organization
A dated, signed PDF of the compliance screen for LOCAL INITIATIVES SUPPORT CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds LOCAL INITIATIVES SUPPORT CORPORATION?
- LOCAL INITIATIVES SUPPORT CORPORATION (New York) receives grants from 429 organizations whose IRS filings report $563,199,219 to it, the largest being NATIONAL PHILANTHROPIC TRUST ($105,074,000). 250 of them have funded it in more than one year.
- How many funders does LOCAL INITIATIVES SUPPORT CORPORATION have?
- IRS filings report 429 organizations giving $563,199,219 in grants to LOCAL INITIATIVES SUPPORT CORPORATION, 250 of which have funded it in more than one year.
- Who is the largest funder of LOCAL INITIATIVES SUPPORT CORPORATION?
- NATIONAL PHILANTHROPIC TRUST is the largest funder on record, with $105,074,000 in grants. The full list of funders is on this page.
- How can an organization like LOCAL INITIATIVES SUPPORT CORPORATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 429 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing