LISC

The 2022 TD Ready Challenge awards $10 million to 10 Canadian and American organizations focused on addressing the challenges of climate change

Retrieved on: 
Tuesday, February 28, 2023

In previous years, the TD Ready Challenge has focused on issues including driving more equitable health outcomes, income stability, and addressing pandemic-related learning loss.

Key Points: 
  • In previous years, the TD Ready Challenge has focused on issues including driving more equitable health outcomes, income stability, and addressing pandemic-related learning loss.
  • For 2022, there were a maximum of 10 grants available under the TD Ready Challenge for Canada and the US together.
  • Eligible Canadian-based organizations were able to apply for CDN$1 million and eligible US-based organizations were able to apply for USD$1 million.
  • To learn more about the 2022 TD Ready Challenge grant recipients and the TD Ready Challenge Grant program, visit www.td.com/readychallenge .

TD Ready Challenge awards $4 million to U.S. organizations addressing the challenges of climate change and the transition to a low-carbon economy

Retrieved on: 
Tuesday, February 28, 2023

CHERRY HILL, N.J., Feb. 28, 2023 /PRNewswire/ -- TD Bank Group today named winners of its 2022 TD Ready Challenge, an annual North American initiative that seeks to support non-profit and charitable organizations developing innovative, impactful, and measurable solutions for a changing world. This year's recipients include four U.S. non-profit organizations that work to develop or implement community-based solutions that are addressing the challenges of climate change and the transition to a low-carbon economy.

Key Points: 
  • This year's recipients include four U.S. non-profit organizations that work to develop or implement community-based solutions that are addressing the challenges of climate change and the transition to a low-carbon economy.
  • "Through this year's TD Ready Challenge, we're standing behind organizations with promising new ideas that support communities across our footprint and   address the challenges of transitioning to a low-carbon economy."
  • The TD Ready Challenge is part of TD's longstanding commitment to creating a more inclusive and sustainable future.
  • To learn more about the 2022 grant recipients and the TD Ready Challenge, visit www.td.com/readychallenge .

The 2022 TD Ready Challenge awards $10 million to 10 Canadian and American organizations focused on addressing the challenges of climate change

Retrieved on: 
Tuesday, February 28, 2023

In previous years, the TD Ready Challenge has focused on issues including driving more equitable health outcomes, income stability, and addressing pandemic-related learning loss.

Key Points: 
  • In previous years, the TD Ready Challenge has focused on issues including driving more equitable health outcomes, income stability, and addressing pandemic-related learning loss.
  • For 2022, there were a maximum of 10 grants available under the TD Ready Challenge for Canada and the US together.
  • Eligible Canadian-based organizations were able to apply for CDN$1 million and eligible US-based organizations were able to apply for USD$1 million.
  • To learn more about the 2022 TD Ready Challenge grant recipients and the TD Ready Challenge Grant program, visit www.td.com/readychallenge .

Lauren E. McGowan named executive director at LISC Puget Sound

Retrieved on: 
Tuesday, February 21, 2023

SEATTLE, Feb. 21, 2023 /PRNewswire/ -- The Local Initiatives Support Corporation (LISC) has named Lauren E. McGowan, one of the region's most experienced nonprofit leaders, as the new executive director of LISC Puget Sound.

Key Points: 
  • SEATTLE, Feb. 21, 2023 /PRNewswire/ -- The Local Initiatives Support Corporation (LISC) has named Lauren E. McGowan, one of the region's most experienced nonprofit leaders, as the new executive director of LISC Puget Sound.
  • "Lauren has deep connections to the Puget Sound community and a remarkable range of experience in developing, implementing, and scaling strategies that help people build a stronger future for their families," Denise Scott, LISC president, said.
  • McGowan has spent the bulk of her career at the United Way of King County, most recently as associate vice president for poverty and homelessness.
  • She studied communications management at Emerson College and completed the Nonprofit Executive Leadership Institute at the Evans School of Public Affairs at the University of Washington.

Nicole Williams named executive director at LISC Los Angeles

Retrieved on: 
Thursday, February 16, 2023

LOS ANGELES, Feb. 16, 2023 /PRNewswire/ -- The Local Initiatives Support Corporation (LISC) has named Nicole Williams, a seasoned financial, nonprofit and government leader, as the new executive director of LISC Los Angeles.

Key Points: 
  • LOS ANGELES, Feb. 16, 2023 /PRNewswire/ -- The Local Initiatives Support Corporation (LISC) has named Nicole Williams, a seasoned financial, nonprofit and government leader, as the new executive director of LISC Los Angeles.
  • I'm thrilled that she will be leading LISC Los Angeles into its next chapter."
  • Williams' background spans finance, government and community-focused nonprofits, all of which she will draw on to lead LISC LA.
  • She is an alumna of the Los Angeles African-American Women in Public Policy Leadership Institute.

Micah Hunter, The NHP Foundation, to Moderate Conversation with New York City Council Speaker Adrienne Adams

Retrieved on: 
Thursday, February 9, 2023

NEW YORK, Feb. 9, 2023 /PRNewswire-PRWeb/ -- The NHP Foundation (NHPF) announced that Micah Hunter, Project Manager Acquisitions & Development will moderate a conversation with New York City Council Speaker Adrienne Adams, the first African-American speaker of the City Council, Monday February 13 from 8:30 – 10:00 am at LISC NYC - 28 Liberty St, 34th Floor, New York, NY. The event is sponsored by the Rising Leaders Network (RLN) of the New York Housing Conference (NYHC) and hosted by Local Initiatives Support Corporation (LISC). Micah is a Board Member of RLN.

Key Points: 
  • The NHP Foundation (NHPF) announced that Micah Hunter, Project Manager Acquisitions & Development will moderate a conversation with New York City Council Speaker Adrienne Adams.
  • NEW YORK, Feb. 9, 2023 /PRNewswire-PRWeb/ -- The NHP Foundation (NHPF) announced that Micah Hunter, Project Manager Acquisitions & Development will moderate a conversation with New York City Council Speaker Adrienne Adams, the first African-American speaker of the City Council, Monday February 13 from 8:30 – 10:00 am at LISC NYC - 28 Liberty St, 34th Floor, New York, NY.
  • The conversation is designed to showcase Speaker Adams' housing platform, including her recently released Planning & Land Use Toolkit and Housing Agenda.
  • During her tenure as Speaker, the City Council has approved several important and contentious rezonings for housing and affordable housing.

LISC and Uber Eats announce Black Restaurant Fund to expand access to growth capital, fuel underserved businesses and communities

Retrieved on: 
Tuesday, February 7, 2023

"Uber and LISC created the Black Restaurant Fund to help close the resource gap by connecting Black food entrepreneurs to flexible capital to fuel growth and expansion while seeding wealth creation in Black communities."

Key Points: 
  • "Uber and LISC created the Black Restaurant Fund to help close the resource gap by connecting Black food entrepreneurs to flexible capital to fuel growth and expansion while seeding wealth creation in Black communities."
  • LISC and Uber expect the initiative will help fuel 35 businesses over the next three years.
  • Uber also worked with LISC to advance health aims in underserved communities, ensuring residents had better access to accurate medical information and vaccines.
  • For more information on the Black Restaurant Fund or to request a conversation about your restaurant, visit https://www.liscstrategicinvestments.org/uber-black-restaurant-fund .

Synchrony Commits $100 Million to Grow Minority-Owned Businesses

Retrieved on: 
Thursday, February 2, 2023

STAMFORD, Conn., Feb. 2, 2023 /PRNewswire/ -- Synchrony (NYSE: SYF), a premier consumer financial services company, today announced a $100 million commitment in Ariel Alternatives' Project Black, which aims to scale sustainable minority-owned businesses and position them as leading suppliers to Fortune 500 companies. Project Black is a strategic initiative of Ariel Alternatives, the private equity subsidiary of Ariel Investments, LLC.

Key Points: 
  • "Our investment in Ariel and Project Black will help give Black, Hispanic and women entrepreneurs the support they need to grow long-term.
  • Synchrony is committed to providing the resources and expertise to advance equity for diverse businesses and communities."
  • With 95 percent of minority businesses having less than $5 million in revenue, few have the scale to tap into this $1 trillion opportunity.
  • Synchrony and Synchrony Ventures have pledged $20 million to date in venture capital funds led by Black, Hispanic and female investing partners.

Sunflower Bank Joins Partners at Groundbreaking for Kiva East Development in Dallas

Retrieved on: 
Thursday, December 22, 2022

Representatives from Sunflower Bank and Guardian Mortgage participated in the recent groundbreaking event for the Kiva East development in East Dallas.

Key Points: 
  • Representatives from Sunflower Bank and Guardian Mortgage participated in the recent groundbreaking event for the Kiva East development in East Dallas.
  • The Kiva East Development is supported through the DHOF, which has a purpose to expand affordable housing and economic development.
  • Sunflower Bank became an anchor investor with $7.5 million in debt and equity financing, in addition to $6 million seeded from the City of Dallas.
  • Operating as Sunflower Bank, First National 1870 and Guardian Mortgage, Sunflower Bank, N.A.

LISC teams up with Colorado Health Foundation to launch BIPOC small business growth fund, makes first two investments in Denver

Retrieved on: 
Thursday, December 1, 2022

"The Colorado Health Foundation's investment enables LISC to bring this innovative pilot program and financial product to small businesses in the state of Colorado."

Key Points: 
  • "The Colorado Health Foundation's investment enables LISC to bring this innovative pilot program and financial product to small businesses in the state of Colorado."
  • It prioritizes businesses located in economically disadvantaged communities that can deploy capital for business improvement and growth.
  • "Certain communities particularly communities of color have historically had challenges accessing growth capital to scale their businesses, even if it is an extremely successful business.
  • In this partnership between LISC and the Foundation, if a business is unable to hit its growth metrics, philanthropy steps in and assumes the obligation on behalf of the business."