Grantmaking public charity · EIN 13-3030229
Local Initiatives Support Corporation
New York, NY
Local Initiatives Support Corporation is a public charity that makes grants based in New York, NY. On its Form 990 (Schedule I) for tax year 2024, it reported $111M in grants paid across 1,538 grants, with $1.64B in total assets. Its largest grants went to Habitat for Humanity of Greater Cincinnati, Albany State University Foundation and Heart of the City Neighborhoods Inc.
How to request funding
Its Form 990 lists the grants it made but not how it chooses recipients. Check Local Initiatives Support Corporation's website or contact it to ask whether it considers requests.
How it makes and monitors grants (Schedule I, Part IV)
Part i, line 2 (found in schedule i, part iv) the organization's staff conducts compliance site visits to ensure that grant funds are spent for the purpose for which they were given. it is also a requirement that grantees submit reports on their activities. these reports are collected and reviewed by the organization's staff to ensure compliance with grant documents. part ii, line 1, column (h) purpose of grants project the organization makes project grants to community development projects, small businesses, for-profit emerging developers and others throughout the country to support efforts of community based organizations, businesses, and individuals to transform distressed communities in urban and rural communities that the organization serves and to assist residents of these communities. the organization issues grants to support (i) the development of affordable homes and apartments, commercial projects, community and educational , and other projects and programs that tranform distressed communities or benefit individuals and families on low to moderate incomes and (ii) the capacity building, operations and other community development activities of non-profit organizations and government entities. the organization also provides certain awards to businesses, organizations, and individuals for their community development work, architectural achievements, and other efforts in the communities the organization serves. awardees are selected by committees comprised of external m
Grants as reported on its Form 990 for tax year 2024; the application guidance above is general for this type of funder. Requirements change; confirm with the organization before applying.
Mission
See schedule o.assists community stakeholders in urban and rural areas across the united states to improve the quality of life for underserved people and places.
As stated on its Form 990.
Largest grants, tax year 2024
Historical data · not a prediction| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| Habitat for Humanity of Greater Cincinnati | Cincinnati, OH | — | $4,721,400 |
| Albany State University Foundation | Albany, GA | — | $1,918,487 |
| Heart of the City Neighborhoods Inc | Buffalo, NY | — | $1,916,548 |
| Layton Boulevard West Neighbors Inc | Milwaukee, WI | — | $1,892,500 |
| Clark Atlanta University | Atlanta, GA | — | $1,890,983 |
| Onyx Architectural Services | Chicago, IL | — | $1,450,000 |
| Miles College | Fairfield, AL | — | $1,085,286 |
| Savannah State University Foundation | Savannah, GA | — | $1,039,983 |
| Native American Connections Inc | Phoenix, AZ | — | $1,002,000 |
| Simmons College of Ky | Louisville, KY | — | $950,500 |
| Flanner House of Indianapolis | Indianapolis, IN | — | $757,251 |
| Culturingua | San Antonio, TX | — | $722,250 |
| Housing Opportunities Made Equal of Virginia Inc | Richmond, VA | — | $700,000 |
| Three Rivers Legal Services Inc | Gainesville, FL | — | $651,402 |
| Newport County Regional YMCA | Middletown, RI | — | $630,000 |
| Historic King Drive Business Improvement District Inc | Milwaukee, WI | — | $616,000 |
| Indy Black Chamber of Commerce Inc | Indianapolis, IN | — | $579,500 |
| Gehl Studio Inc | San Francisco, CA | — | $560,000 |
| Newark Beth Israel Medical Center | Newark, NJ | — | $524,850 |
| Legacy Institute for Financial Empowerment | Lufkin, TX | — | $517,292 |
| Diocesan Council for the Society of St Vincent De Paul Diocese Phoenix | Phoenix, AZ | — | $500,000 |
| Family Housing Development Corporation | Albuquerque, NM | — | $500,000 |
| Human Services Campus Inc | Phoenix, AZ | — | $500,000 |
| Payson Regional Housing Development | Payson, AZ | — | $500,000 |
| Usvets Housing Corporation | Los Angeles, CA | — | $500,000 |
The 25 largest of 1,538 grants listed on the return. 419 grants to individuals ($7.54M) are counted but not named. Names and purposes as reported to the IRS.
Where its grants went
- Ohio$8.83M · 50 grants
- Connecticut$7.76M · 61 grants
- Georgia$7.53M · 38 grants
- California$7.46M · 123 grants
- New York$6.54M · 98 grants
- Illinois$6.33M · 64 grants
- Texas$5.76M · 54 grants
- Arizona$4.56M · 26 grants
- Wisconsin$4.51M · 21 grants
- Rhode Island$4.24M · 50 grants
- Minnesota$4.16M · 57 grants
- Pennsylvania$4.1M · 45 grants
Quick answers
Does Local Initiatives Support Corporation accept grant applications?
Its Form 990 lists the grants it made but not how it chooses recipients. Check Local Initiatives Support Corporation's website or contact it to ask whether it considers requests. Form 990 does not report an application process, so confirm with the organization.
How much does Local Initiatives Support Corporation give each year?
For tax year 2024, it reported $111,086,644 in grants paid (1,538 grants). Giving can change from year to year.
What organizations has Local Initiatives Support Corporation funded?
Its largest grants in tax year 2024 went to Habitat for Humanity of Greater Cincinnati (OH), $4.72M, Albany State University Foundation (GA), $1.92M, Heart of the City Neighborhoods Inc (NY), $1.92M, Layton Boulevard West Neighbors Inc (WI), $1.89M and Clark Atlanta University (GA), $1.89M.