California · Nonprofit
LOW INCOME INVESTMENT FUND
LOW INCOME INVESTMENT FUND (California) receives grants from 43 organizations whose IRS filings report $68,935,022 to it, the largest being THE ROBERT WOOD JOHNSON FOUNDATION ($17,342,225). 24 of them have funded it in more than one year.
- Revenue FY2025
- $123M
- Funders on record
- 43
- Grants received
- $69M
- Net assets
- $217M
What Low Income Investment Fund does
Mission
See schedule oour mission and vision: everyone should benefit from living in a community of opportunity, equity and well-being. Liif mobilizes capital and partners to achieve this vision for people and communities.we believe that a community of opportunity provides its residents with affordable housing, high- quality educational opportunities, the ability to live healthy and active lives, and good jobs.
As stated on its FY2025 Form 990.
Programs
Early care and education (ece) program:see schedule o
$20,228,230 spentof which $11,132,064 as grants$5,071,671 earned by the program36% of program spendingLending activities:see schedule o
$31,071,904 spentof which $831,459 as grants$44,251,160 earned by the program55% of program spendingOther development services:see schedule o
$5,188,731 spentof which $2,201,000 as grants9% of program spendingEducational staff meetings liif has engaged with members of congress, federal agencies, and other public-sector leaders through structured educational briefings. These meetings feature concise, data-driven materialssuch as one-pagers illustrating liif's investments and the measurable impact of community development initiatives. In these meetings, liif advocates for robust funding of key programssuch as the cdfi fund, head start, and other hud initiativesas well as for policies that advance affordable housing and early care and education (ece). By translating complex policy issues into accessible insights, these engagements strengthen policymakers' understanding of the programs shaping their constituencies and position liif as a trusted, go-to resource for credible policy guidance.collective advocacy recognizing that systemic change requires collective action, liif actively collaborates with peer organizations and coalitions to advance shared advocacy goals. Through joint policy statements, coordinated campaigns, and strategic partnerships, liif amplifies its influence and ensures that community investment priorities are heard across state and national platforms. This collective…
$108,357 spent0% of program spending
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $56,597,222.
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 2023 to 2024, from $643M to $776M (+21%).
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 10% · 2018 16% · 2019 25% · 2020 18% · 2021 39% · 2022 27% · 2023 58% · 2024 44% · 2025 26%. Grants only. Government contracts and fees sit inside program revenue.
57% of LOW INCOME INVESTMENT FUND’s revenue is contributions — more reliant on donations than three-quarters of its peers (11% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 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.
Chief executive
Daniel Nissenbaum
Director & CEO
Board chair
Reymundo Ocanas
Chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 8 funders to 15 funders, grant income rose $5.6M → $7.6M.
9 of 43 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 21% 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: $43M from 7 payers (the payer shares this organization's board, largest The Chicago Community Trust). These are real filings, and they are not money LOW INCOME INVESTMENT FUND raised.
From the IRS filings of LOW INCOME INVESTMENT FUND’s funders (the co-funder graph). Top 30 of 43 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
LOW INCOME INVESTMENT FUND has a broad base — no single funder exceeds 25% of grant income, and it takes 3 funders to reach half.
the vertical line marks half of all grant income — 3 funders to its left
30% 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 LOW INCOME INVESTMENT FUND.
Largest funder’s share by year: 2017 36% · 2018 36% · 2019 63% · 2020 27% · 2021 29% · 2022 33% · 2023 47% — growing more concentrated.
“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
35% of LOW INCOME INVESTMENT FUND's funders are still giving 3 years after their first grant; 56% 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
LOW INCOME INVESTMENT FUND draws 90% of its grant income from funders outside California, across 13 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $14M arriving through sponsors registered in 6 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
LOW INCOME INVESTMENT FUND runs a healthier operating margin than three-quarters of the 19 housing & shelter nonprofits its size.
this organization peer median middle 50% of peers· 19 housing & shelter nonprofits over $100M, FY2025
Government funding LOW INCOME INVESTMENT FUND receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $57.9M on record.
- Department of the Treasury$37.9M
- Department of Education$20.0M
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 LOW INCOME INVESTMENT FUND
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 California
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
78% of spending goes to programs.
Governance
Public support
96%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 2 states
Part of a family of 85 related entities
- Foodco LLC · disregarded
- Liif New Markets LLC · disregarded
- Liif Reo I LLC · disregarded
- Liif Housing Investments LLC · disregarded
- Liif Toah Member LLC · disregarded
Screen this organization
A dated, signed PDF of the compliance screen for LOW INCOME INVESTMENT FUND: 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 LOW INCOME INVESTMENT FUND?
- LOW INCOME INVESTMENT FUND (California) receives grants from 43 organizations whose IRS filings report $68,935,022 to it, the largest being THE ROBERT WOOD JOHNSON FOUNDATION ($17,342,225). 24 of them have funded it in more than one year.
- How many funders does LOW INCOME INVESTMENT FUND have?
- IRS filings report 43 organizations giving $68,935,022 in grants to LOW INCOME INVESTMENT FUND, 24 of which have funded it in more than one year.
- Who is the largest funder of LOW INCOME INVESTMENT FUND?
- THE ROBERT WOOD JOHNSON FOUNDATION is the largest funder on record, with $17,342,225 in grants. The full list of funders is on this page.
- How can an organization like LOW INCOME INVESTMENT FUND find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in California. 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 FY2025 (financials across 2017–2025), and the filings of 43 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