NonprofitsLow Income Investment Fund

Housing & Shelter

Low Income Investment Fund

SAN FRANCISCO, CA

Total revenue

$88.3M

Total expenses

$81.8M

Net assets

$171.9M

Grants received

$53.4M

97 grants

EIN

942952578

Tax year

2023

Mission

Headquartered in san francisco, with highly productive regional offices also in los angeles, new york, washington dc, and atlanta, liif supports organizations working to revitalize low-income neighborhoods throughout the united states. To strengthen communities, we deploy capital to support high-impact community development projects, including affordable housing, early care and education centers, and other facilities such as charter schools and federally qualified health centers. Liif is creating and preserving housing options for individuals and families via capital solutions, programs and policy. Since inception in 1984, liif has invested over $3.5 billion in communities, serving 2.5 million people. This represents 100,000+ affordable housing units that were created or preserved to create a lasting impact and address market economic uncertainties. Success is measured based on economic impact data that accelerates the creation of communities of opportunity.

Programs

3 programs

See schedule o

Expenses: $26.6MGrants: $85K

See schedule o

Expenses: $3.6MGrants: $138K

National policy: includes the activities related to the design and implementation of education outreach and advocacy strategies to ensure liif is active in federal policy initiatives relevant to support its main programs that bring capital to underserved communities.

Expenses: $108K

Financials

FY 2023

Revenue

Contributions & grants$41.6M
Program service revenue$43.6M
Investment income$3.1M
Other revenue$55K
Total revenue$88.3M

Expenses

Grants paid$25.3M
Salaries & benefits$29.5M
Fundraising$3.2M
Other expenses$27.0M
Total expenses$81.8M
Total assets$775.8M
Net assets$171.9M

People

27 listed

NameRoleCompensation

DANIEL NISSENBAUM

DIRECTOR & CEO

Board

$718K

40 hrs/wk

KIMBERLY LATIMER-NELLIGAN

PRESIDENT

Board

$492K

40 hrs/wk

PANAGIOTA MAHENDRU

CFO & EVP

Board

$386K

40 hrs/wk

DENISE NOEL

EVP & GENERAL COUNSEL

Board

$309K

40 hrs/wk

MARIA ARELLANO BAGLIERI

EVP & CHIEF STRATEGY OFFICER

Board

$287K

40 hrs/wk

TINA WALKER

EVP & CHIEF PEOPLE OFFICER

Board

$20K

40 hrs/wk

GLORIA LEE

DIRECTOR

Board

1 hrs/wk

CAROL NAUGHTON

DIRECTOR

Board

1 hrs/wk

REYMUNDO OCANAS

CHAIR

Board

1 hrs/wk

YOHANA QUIROZ

DIRECTOR

Board

1 hrs/wk

MICHAEL SOLOMON

DIRECTOR

Board

1 hrs/wk

ERIKA POETHIG

DIRECTOR

Board

1 hrs/wk

JESSICA SAGER

VICE CHAIR

Board

1 hrs/wk

RUSSELL BRUEMMER

SECRETARY

Board

1 hrs/wk

DIONNE NELSON

TREASURER

Board

1 hrs/wk

MARGARET ANADU

DIRECTOR

Board

1 hrs/wk

TAWANNA BLACK

DIRECTOR

Board

1 hrs/wk

EILEEN FITZGERALD

DIRECTOR

Board

1 hrs/wk

DAVID FLEMING

DIRECTOR

Board

1 hrs/wk

DONNA GAMBRELL

DIRECTOR

Board

1 hrs/wk

CALVIN GLADNEY

DIRECTOR

Board

1 hrs/wk

WILLIAM C KELLY JR

DIRECTOR

Board

1 hrs/wk

SUSAN HYMAN

SVP, CHIEF CREDIT OFFICER

Staff

$308K

40 hrs/wk

STEPHANIE MCFADDEN

SVP, CHIEF LENDING OFFICER

Staff

$290K

40 hrs/wk

RACHEL L BLUESTEIN

SVP, CHIEF PROGRAM OFFICER

Staff

$287K

40 hrs/wk

KIRSTEN SHAW

VP, NORTHEAST & MID-ATLANTIC REGIONS

Staff

$279K

40 hrs/wk

CHRISTINA SHIWBALAK

VP, OPERATIONS

Staff

$272K

40 hrs/wk

Independent contractors

XANTRION INC

INFORMATION TECHNOLOGY SERVICES

$763K

INNOVA SOLUTIONS INC

STAFFING SERVICES

$556K

RSM US LLP

ACCOUNTING CONSULTING FEES

$399K

SUBMITTABLE

SOFTWARE SERVICES

$390K

KATHARINE WALKER

CONSULTING

$331K

Grants received

Showing 97 of 97

FromAmountPurposeYear
$1M
PURPOSE BUILT COMMUNITIES EARLY CARE AND EDUCATION NEIGHBORHOOD-CENTERED ECOSYSTEM DEVELOPMENT
2024
$508K
PROGRAM SUPPORT
2024
$350K
COMMUNITY & HUMAN SERVICES
2024
$250K
CCA GENERAL
2024
$225K
81583 EMBARKING ON A CO-LEARNING JOURNEY WITH RWJF ON LIIF'S IMPACT RISK PROFITABILITY FRAMEWORK TO INFORM INVESTMENTS THAT ADVANCE RACIAL EQUITY
2024
$210K
Support to increase the local childcare supply in Georgia
2024
$200K
EQUITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT
2024
$120K
GENERAL SUPPORT
2024
$25K
General operating support
2024
$20K
GENERAL SUPPORT
2024
$600
MATCHING CONTRIBUTION (GENERAL OPERATING SUPPORT)
2024
$3.6M
FOR CAPACITY BUILDING AND BUSINESS GROWTH
2023
$1M
77169 DELIVERING CAPITAL GRANTS TO FACILITATE AND SUPPORT COMMUNITY TRANSFORMATION OF LOW-INCOME NEIGHBORHOODS
2023
$1M
PURPOSE BUILT COMMUNITIES EARLY CARE AND EDUCATION NEIGHBORHOOD-CENTERED ECOSYSTEM DEVELOPMENT
2023
$600K
TO CHAMPION AN EARLY CARE AND EDUCATION FACILITIES STRATEGY FOR CALIFORNIA
2023
$250K
CCA GENERAL
2023
$200K
EQUITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT
2023
$200K
FINANCE JUSTICE FUND SUBGRANT
2023
$185K
76695 SUPPORTING THE STRONG, PROSPEROUS, AND RESILIENT COMMUNITIES CHALLENGE IN FOSTERING RACIAL AND ECONOMIC EQUALITY AND CLIMATE-WISE DEVELOPMENT, 2020-22
2023
$100K
PROGRAM/OPERATING SUPPORT
2023
$100K
GENERAL SUPPORT
2023
$100K
NATIONAL EARLY CARE AND EDUCATION EQUITABLE RECOVERY PROGRAM
2023
$30K
77033 PROVIDING TECHNICAL ASSISTANCE AND CAPACITY-BUILDING SERVICES TO PURPOSE BUILT COMMUNITIES MEMBERS TO HELP IN PLANNING AND DEVELOPING CAPITAL PROJECTS
2023
$30K
SUPPORT TO DEVELOP A STRATEGIC PLAN FOR EXPANDING CHILDCARE IN GEORGIA
2023
$20K
CHILD CARE SYSTEM TRANSFORMATION
2023
$4.1M
COMMUNITY & HUMAN SERVICES
2022
$2M
STRONG, PROSPEROUS, AND RESILIENT COMMUNITIES CHALLENGE (SPARCC)
2022
$2M
STRONG, PROSPEROUS, AND RESILIENT COMMUNITIES CHALLENGE (SPARCC)
2022
$1.7M
76695 SUPPORTING THE STRONG, PROSPEROUS, AND RESILIENT COMMUNITIES CHALLENGE IN FOSTERING RACIAL AND ECONOMIC EQUALITY AND CLIMATE-WISE DEVELOPMENT, 2020-22
2022
$1M
PURPOSE BUILT COMMUNITIES EARLY CARE AND EDUCATION NEIGHBORHOOD-CENTERED ECOSYSTEM DEVELOPMENT
2022
$700K
EQUITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT
2022
$700K
EQUITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT
2022
$619K
TO SUPPORT OPERATING COSTS RELATED TO THE GROWING DIVERSE HOUSING DEVELOPERS PROGRAM
2022
$600K
GRANT TO IMPLEMENT ONE MILLION BLACK WOMEN INITIATIVE NATIONWIDE.
2022
$300K
FOR FACILITIES PARTNERSHIP IMPLEMENTATION IN CALIFORNIA
2022
$271K
77033 PROVIDING TECHNICAL ASSISTANCE AND CAPACITY-BUILDING SERVICES TO PURPOSE BUILT COMMUNITIES MEMBERS TO HELP IN PLANNING AND DEVELOPING CAPITAL PROJECTS
2022
$234K
TO CHAMPION AN EARLY CARE AND EDUCATION FACILITIES STRATEGY FOR CALIFORNIA
2022
$200K
TO CHAMPION AN EARLY CARE AND EDUCATION FACILITIES STRATEGY FOR CALIFORNIA
2022
$100K
PROGRAM/OPERATING SUPPORT
2022
$95K
SUPPORT TO DEVELOP A STRATEGIC PLAN FOR EXPANDING CHILDCARE IN GEORGIA
2022
$35K
FOR MANAGEMENT TRAINING AND COACHING FOR EARLY CARE AND EDUCATION PROGRAM MANAGERS
2022
$25K
GENERAL SUPPORT
2022
$500K
PROVIDING A COMPREHENSIVE RANGE OF PROGRAMMES TO INCREASE THE AVAILABILITY OF CAPITAL IN LOW INCOME COMMUNITIES
2021
$40K
EARLY CHILDHOOD EDUCATION FOCUSING ON CREATING INTEGRATED AND COORDINATED SYSTEMS OF SERVICES AND SUPPORT TO STRENGTHEN FAMILIES AND IMPROVE CHILD OUTCOMES
2021
$3.0M
COMMUNITY & HUMAN SERVICES
2020
$2.1M
ACCELERATOR INITIATIVE
2020
$2M
STRONG, PROSPEROUS, AND RESILIENT COMMUNITIES CHALLENGE (SPARCC) RENEWAL
2020
$1.1M
Community Development
2020
$1M
COVID-19 NYC CHILD CARE EMERGENCY GRANT FUND
2020
$750K
77169 Delivering capital grants to facilitate and
2020
$750K
77169 Delivering capital grants to facilitate and
2020
$675K
TO SUPPORT THE SECOND PHASE OF THE STRONG, PROSPEROUS AND RESILIENT COMMUNITIES CHALLENGE, AN AMBITIOUS MULTI-FUNDER INITIATIVE TO IMPROVE HEALTH, CLIMATE RESILIENCE AND RACIAL EQUITY IN LOW-INCOME NEIGHBORHOODS IN SIX METRO REGIONS ACROSS THE NATION.
2020
$234K
TO CHAMPION AN EARLY CARE AND EDUCATION FACILITIES STRATEGY FOR CALIFORNIA
2020
$225K
73641 Supporting Strong, Prosperous, and Resilient
2020
$225K
73641 Supporting Strong, Prosperous, and Resilient
2020
$200K
EMERGENCY RELIEF
2020
$150K
GENERAL
2020
$145K
74148 Providing capital funds for the Strong, Pros
2020
$145K
74148 Providing capital funds for the Strong, Pros
2020
$100K
GRANT TO SUPPORT COVID-19 EMERGENCY RELIEF EFFORTS TO SMALL BUSINESSES.
2020
$75K
EQUALITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT
2020
$9K
SUPPORT POLICY ADVOCACY ORGANIZATIONS TO ENSURE THAT ALL CHILDREN IN LOS ANGELES COUNTY AND PARTICULARLY THOSE AT RISK HAVE ACCESS TO AFFORDABLE EARLY CARE AND EDUCATION
2020
$10M
GENERAL OPERATING SUPPORT
2019
$750K
IN SUPPORT OF NEIGHBORHOOD REVITALIZATION
2019
$150K
For grant recipient's exempt purposes
2019
$20K
LIIFS NEW YORK (NY) INTEGRATED COMMUNITY DEVELOPMENT PROGRAM
2019
$15K
SPONSORSHIP
2019
$800K
IN SUPPORT OF NEIGHBORHOOD REVITALIZATION
2018
$400K
SUPPORTING LOCAL APPROACHES TO IMPROVE HEALTH AND RACIAL EQUITY: TO SUPPORT IMPLEMENTATION OF THE STRONG, PROSPEROUS, AND SUSTAINABLE COMMUNITIES CHALLENGE IN LOS ANGELES AND THE SAN FRANCISCO BAY AREA TO IMPROVE HEALTH OUTCOMES, BUILD CLIMATE RESILIENCY AND ADVANCE RACIAL EQUITY.
2018
$125K
PROGRAM/OPERATING SUPPORT
2018
$75K
CALIFORNIA AFFORDABLE HOUSING INITIATIVE
2018
$25K
BUILDING THE COMMUNITY DEVELOPMENT NARRATIVE FOR HEALTHY COMMUNITIES: TO EXPAND A SUCCESSFUL COMMUNICATIONS CAMPAIGN AIMED AT BROADENING THE AWARENESS OF THE WORK OF COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS TO DEPLOY CAPITAL TO IMPROVE THE SOCIAL DETERMINANTS OF HEALTH IN LOW-INCOME COMMUNITIES IN CALIFORNIA AND NATIONWIDE.
2018
$20K
CALIFORNIA AFFORDABLE HOUSING INITIATIVE
2018
$400K
SUPPORTING LOCAL APPROACHES TO IMPROVE HEALTH AND RACIAL EQUITY: TO SUPPORT IMPLEMENTATION OF THE STRONG, PROSPEROUS, AND SUSTAINABLE COMMUNITIES CHALLENGE IN LOS ANGELES AND THE SAN FRANCISCO BAY AREA TO IMPROVE HEALTH OUTCOMES, BUILD CLIMATE RESILIENCY AND ADVANCE RACIAL EQUITY.
2017
$30K
METRO AFFORDABLE TRANSIT CONNECTED HOUSING PROGRAM - IMPROVING HEALTH: TO DEVELOP TRANSIT-CONNECTED AFFORDABLE HOUSING FOR LOW-INCOME HOUSEHOLDS THAT PROMOTES PHYSICAL ACTIVITY THROUGH WALKING AND BIKING TO TRANSIT, AND IMPROVES OVERALL HEALTH BY PROVIDING PERMANENT STABLE HOUSING IN LOS ANGELES COUNTY.
2017

Funded by

$53.4M from 40 funders · 97 grants · 2017–2024

The Chicago Community Trust

$10M · 1 grant · 2019

Gs Donor Advised Philanthropy Fund

$7.4M · 3 grants · 2020–2024

Freedom Together Foundation

$7M · 4 grants · 2020–2022

The Robert Wood Johnson Foundation

$5.6M · 12 grants · 2020–2024

Capital Impact Partners

$4.2M · 2 grants · 2022–2023

Georgia Power Foundation Inc

$3M · 3 grants · 2022–2024

Tides Foundation

$1.9M · 5 grants · 2020–2024

Details

EIN942952578
NTEE codeL820
Subsection03
Ruling date1986-10
Formed1984
Employees173
Volunteers16
LOW INCOME INVESTMENT FUND — Mission, Financials & Grants Received | Grantivo