August 5, 2020         
Steven Rollins Expands Caring Transitions into Albany, Georgia   •   MSG Entertainment Provides Update on 2020 Christmas Spectacular   •   Cheerios Donates $1.3 Million to No Kid Hungry; Partners With Jerry Harris to Rally America’s Support to End Childhood Hun   •   West Margin Press Announces Collaboration With Entrepreneur Tina Wells   •   Aqua-Tots Swim Schools Opens First Year-Round Location in Nevada   •   Knights of Columbus to Create Blessed Michael McGivney Pilgrimage Center   •   President of Rome Grinding Solutions recognized for the advancement of women in the manufacturing industry   •   Turning the Tassels on COVID-19: Colorado Preparatory Academy Celebrates Class of 2020 with Online Commencement   •   Exclusive: EWTN News Nightly Anchor Tracy Sabol's Interview With President Donald J. Trump Airs Tonight   •   CompTIA ChannelCon Speakers: Technology Industry Can Lead the Move to Greater Equality and Inclusion   •   Integrated Rehab Consultants Expands Scope by Acquiring Associated Physicians of Rehabilitation   •   Avelas Announces Top-Line Data Showing Pegloprastide (AVB-620) Can Significantly Improve Cancer Detection in Real Time During Br   •   Women In Trucking Association Names 2020 Top Woman-Owned Businesses in Transportation   •   It’s Business As Usual for Online Schools – Insight Academy of Arizona is Ready for the New School Year   •   ASHA to CMS, Congress: Don't Threaten Seniors' Access to Critical Audiology and Speech-Language Pathology Services   •   Dangers in the Car: TxDOT’s New Augmented Reality Game Urges Drivers to Never Drive Distracted   •   Chronus Introduces Grant Program to Improve Racial Equity Through Mentoring   •   P&G Presents Tonight’s CBS Primetime Special Honoring the Life of Rep. John Lewis   •   Customer Satisfaction with Social Media and Digital News Falters Despite Traffic Surge, ACSI Data Show   •   Entravision Communications Corporation Reports Second Quarter 2020 Results
Bookmark and Share

Major Philanthropic Investment to Fuel LIIF's Strategic Vision

Major Philanthropic Investment to Fuel LIIF's Strategic Vision

Support from MacKenzie Scott will accelerate focus on racial equity and justice

PR Newswire

SAN FRANCISCO, July 31, 2020 /PRNewswire-PRWeb/ -- The Low Income Investment Fund (LIIF) is honored to announce a transformative donation from MacKenzie Scott in recognition of our high-impact, outcomes-driven community development work. LIIF is proud to be among the stellar organizations selected by Ms. Scott that are driving change by tackling our nation's largest and most complex challenges.

"This investment provides LIIF with resources to accelerate a new vision of racial equity and justice in its forthcoming strategic plan, specifically around affordable housing and early childhood care and education," said Daniel A. Nissenbaum, LIIF's CEO. "MacKenzie Scott's generous support in the form of a sizeable, unrestricted investment is uniquely valuable to nonprofits like LIIF."

"LIIF works every day towards building a future where all individuals have access to communities of opportunity, equity and well-being," said Carol Redmond Naughton President of Purpose Built Communities and LIIF's Board Chair. "This generous contribution supports LIIF with critically needed resources to move more quickly towards that envisioned future."

This gift – to LIIF, and to others engaged in similar work – is particularly important at a time when the devastating effects of COVID-19 and the economic downturn have compounded long-standing inequities in housing, education, employment and healthcare, most acutely for people of color. As our nation grapples with these multiple crises, LIIF's new strategic plan aims to position capital as a tool for addressing these issues with a particular focus on disrupting systemic racism and building toward a recovery that benefits all Americans.

"We are proud to support LIIF in its mission to ensure everyone in the United States can benefit from living in healthy, vibrant, equitable communities," said Terri Ludwig, President, Ballmer Group Philanthropy. "It is exciting to see their deepening commitment to racial equity and justice and expansion of outcomes based community development work." Ballmer Group is a supporter of the Strong, Prosperous, And Resilient Communities Challenge (SPARCC), a programmatic initiative focused on raising community voice around racial equity, health and climate, of which LIIF is a founding member.

About the Low Income Investment Fund

The Low Income Investment Fund (LIIF) is a national nonprofit community development financial institution with $900 million in assets under management. LIIF's mission is to mobilize capital and partners to achieve equity, well-being and opportunity for people and communities. Since 1984, LIIF has served more than two million people in communities across the country from its five offices. LIIF, an S&P-rated organization, innovates financial solutions that create more equitable outcomes for all by building affordable homes, quality educational opportunities from early childhood through higher education, health clinics, healthy food retail and community facilities. Learn more at http://www.liifund.org.

# # #

 

SOURCE Low Income Investment Fund



Back to top
| Back to home page
Video

White House Live Stream
LIVE VIDEO EVERY SATURDAY
alsharpton Rev. Al Sharpton
9 to 11 am EST
jjackson Rev. Jesse Jackson
10 to noon CST


Video

LIVE BROADCASTS
Sounds Make the News ®
WAOK-Urban
Atlanta - WAOK-Urban
KPFA-Progressive
Berkley / San Francisco - KPFA-Progressive
WVON-Urban
Chicago - WVON-Urban
KJLH - Urban
Los Angeles - KJLH - Urban
WKDM-Mandarin Chinese
New York - WKDM-Mandarin Chinese
WADO-Spanish
New York - WADO-Spanish
WBAI - Progressive
New York - WBAI - Progressive
WOL-Urban
Washington - WOL-Urban

Listen to United Natiosns News