LISC | Jotup

Verizon’s Small Business Digital Ready program reaches 300K businesses with free, online resources

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星期三, 五月 8, 2024

Prosperity, Small business, Digital inclusion, Climate, LISC, VZ, Verizon Communications, RSS, Partnership, Local Initiatives Support Corporation, Marketing, Verizon Business

Of the 300,000 businesses Small Business Digital Ready has reached, 51% are women-owned, 62% are Black-owned or Hispanic-owned businesses, and 40% have been in business for 2 years or less - often the most precarious time for new small businesses.

Key Points:

Of the 300,000 businesses Small Business Digital Ready has reached, 51% are women-owned, 62% are Black-owned or Hispanic-owned businesses, and 40% have been in business for 2 years or less - often the most precarious time for new small businesses.
Rose Stuckey Kirk, Verizon’s Chief Corporate Social Responsibility Officer, said, “Verizon is leveraging its technology and innovation to promote economic empowerment and enable communities to thrive through Small Business Digital Ready.
Verizon Small Business Digital Ready provides personalized tools and resources in partnership with Local Initiatives Support Corporation (LISC) and Next Street.
Small Business Digital Ready is part of Citizen Verizon, the company’s responsible business plan for economic, environmental and social advancement.

Lights, Camera, Empowerment: 'Kids in the Spotlight' Secures Permanent Studio Space with Worldwide Backing

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星期一, 五月 6, 2024

Connections, Charity, Purpose, LISC, Confidence, Internet, Local Initiatives Support Corporation, Acquisition, Warner Bros. Discovery, LOS, NBCUniversal, Creativity, KITS, Community, Spotlight, Tourism

LOS ANGELES, May 6, 2024 /PRNewswire/ -- Kids in the Spotlight (KITS), a nonprofit that empowers youth in foster care through filmmaking, today announced the acquisition of its new production studio in Van Nuys, California. This milestone achievement was made possible by generous donations from supporters worldwide, including social media influencer, Zach King, and in-kind support from Warner Bros. Discovery, 20th Century Studios, NBCUniversal and The MBS Group.

Key Points:

This milestone achievement was made possible by generous donations from supporters worldwide, including social media influencer, Zach King , and in-kind support from Warner Bros.
"We're incredibly grateful for the overwhelming support we've received from donors near and far," said KITS Founder and CEO Tige Charity.
KITS' Production Studio with Purpose is a permanent workforce development studio that equips over 1,000 youth with skills, leading them on a foster care-to-career pathway.
"With this new studio space, we aim to foster creativity, build confidence, enhance capabilities and provide connections to jobs in the entertainment industry for our youth."

Launch of "What's Possible": A Blueprint for Sustainable American Communities

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星期四, 五月 2, 2024

Climate change, Wells Fargo, Safety, Federal Reserve Bank, LISC, Health, Bangladesh Technical Education Board, Housing, RMI (energy organization), Enterprise Community Partners, Possibility, Microsoft, Brookings Institution, Enterprise, Prosperous, Natural Resources, Criminal defense lawyer, Management

NEW YORK, May 2, 2024 /PRNewswire/ -- Enterprise Community Partners, LISC, and the Federal Reserve Bank of New York are pleased to announce the publication of What's Possible: Investing NOW for Prosperous, Sustainable Neighborhoods. This new volume of essays is now available for free online. The project, funded by the Wells Fargo Foundation, will serve as a critical resource for everyone committed to tackling the climate crisis and building more resilient, sustainable, and prosperous communities.

Key Points:

The project, funded by the Wells Fargo Foundation, will serve as a critical resource for everyone committed to tackling the climate crisis and building more resilient, sustainable, and prosperous communities.
"Through these pages, we find not just concepts but actionable solutions that inspire us to dream bigger and act boldly for the well-being of our communities."
"What's Possible offers practical approaches that support the transition to a more equitable, sustainable and resilient future."
What's Possible: Investing NOW for Prosperous, Sustainable Neighborhoods urges stakeholders across sectors to invest in communities across America, ensuring they are more inclusive, sustainable, and prosperous for all.

KEVIN HART'S GRAN CORAMINO® TEQUILA DISBURSES OVER $1,000,000 TO OVER 100 UNDER-RESOURCED SMALL BUSINESS OWNERS

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星期三, 四月 24, 2024

Small business, Woman, Foodservice, LISC, Partnership, Transport, Growth, Proximo Spirits, Local Initiatives Support Corporation, Advertising, Human

JERSEY CITY, N.J., April 24, 2024 /PRNewswire/ -- Gran Coramino® Tequila, an ultra-premium tequila founded in 2022 by entrepreneur Kevin Hart and 11th-generation tequila maker, Juan Domingo Beckmann, is proud to announce it has now disbursed over $1,000,000 USD in grant funds to over 100 Black and Latinx small business owners and entrepreneurs through the Coramino Fund, in partnership with its U.S. impact partner, the Local Initiatives Support Corporation (LISC).

Key Points:

In less than two years since its launch, The Coramino Fund in the U.S. has supported over 100 entrepreneurs with $10,000 grants to fuel the growth of their small businesses.
Kevin Hart, co-founder of Gran Coramino Tequila, noted, "As an entrepreneur myself, I've seen how early financial support can impact the long-term success of the business.
The Coramino Fund was created to provide support to some of the hardest working people out there — entrepreneurs and small business owners."
Gran Coramino was founded by comedian and entrepreneur Kevin Hart and 11th-generation tequila producer Juan Domingo Beckmann to deliver a tequila worthy of celebrating hard-earned moments.

Maurice Jones Named as CEO of the Center for First-generation Student Success

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星期二, 四月 23, 2024

Education, Investment, Presidency of Barack Obama, Policy, LISC, Housing, Commonwealth, Partnership, NASPA, Life, University, Local Initiatives Support Corporation, Acquisition, Commerce, Student, Government, Organization, Knowledge

WASHINGTON, April 23, 2024 /PRNewswire/ -- The Center for First-generation Student Success (Center) announced Maurice Jones as its inaugural Chief Executive Officer, effective April 1st. A veteran of the public, private, and nonprofit sectors, Jones brings more than two decades of executive leadership experience to the Center.

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A veteran of the public, private, and nonprofit sectors, Jones brings more than two decades of executive leadership experience to the Center.
"We are thrilled to welcome a leader like Maurice Jones as the CEO of the Center," said Dr. Kevin Kruger, President and CEO of NASPA.
I'm proud of the efforts of the talented Center staff, led by Vice President, Dr. Sarah Whitley.
In June, Maurice will share more about the new organization's future at the 2024 NASPA Conferences on Student Success in Higher Education in Anaheim, CA.

Chan Zuckerberg Initiative joins Philanthropic and Community Partners to Discuss Innovative Solutions to Solving Bay Area's Housing Affordability Crisis

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星期四, 四月 4, 2024

It brings a variety of voices into the effort ― from local governments, to non-profit and community advocacy partners and faith leaders.

Key Points:

It brings a variety of voices into the effort ― from local governments, to non-profit and community advocacy partners and faith leaders.
"The housing crisis requires bold action on multiple fronts and it requires that all sectors come to the table to drive innovative solutions," said Fred Blackwell, CEO, San Francisco Foundation.
"Safe, stable, and affordable housing is crucial to a family's success and to building healthy and diverse communities," said Priscilla Chan, co-founder and co-CEO of the Chan Zuckerberg Initiative.
Five years in, we've surpassed our fundraising goal and deployed that capital to provide housing for thousands of bay area residents."

The DICK'S Sporting Goods Foundation Celebrates the 10 Year Anniversary of its Sports Matter Program with New $2 Million Grant Initiative

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星期四, 四月 4, 2024

Organization, LISC, Sport, Dick's Sporting Goods, DSG, Clothing, Athlete, House, The

PITTSBURGH, April 4, 2024 /PRNewswire/ -- Today, The DICK'S Sporting Goods Foundation announced a new $2 million grant initiative in honor of the 10 year anniversary of its Sports Matter Program. The year-long initiative is funded by DSG's giveback program. DSG offers clothing and gear for the whole family and is one of DICK'S Sporting Goods' vertical brands, in which 1% of all sales go directly to The Foundation's Sports Matter Program.

Key Points:

The year-long initiative is funded by DSG's giveback program.
DSG offers clothing and gear for the whole family and is one of DICK'S Sporting Goods' vertical brands, in which 1% of all sales go directly to The Foundation's Sports Matter Program.
Since 2014, DICK'S Sporting Goods and The DICK'S Foundation has helped over 2 million kids and committed over $100 million to support young athletes with equipment, registration fees, league costs and playing fields through its Sports Matter Program.
Additional 10 Year Anniversary Sports Matter Grants will be awarded to youth sports organizations throughout the year.

LISC and The Allstate Foundation launch disaster resiliency program to address needs of underserved Houston communities

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星期二, 四月 2, 2024

Organization, LISC, Volunteering, Volunteers of America, David Gal, Hope, Local Initiatives Support Corporation, Weather, Tourism

The Allstate Foundation contributed $500,000 to launch LISC's new Community Resiliency and Disaster Response Initiative, which will support climate resiliency and recovery work by Emancipation Economic Development Council, Hope Disaster Recovery, Houston Tool Bank, Rebuilding Together Houston, Volunteers of America, and Wesley Community Center.

Key Points:

The Allstate Foundation contributed $500,000 to launch LISC's new Community Resiliency and Disaster Response Initiative, which will support climate resiliency and recovery work by Emancipation Economic Development Council, Hope Disaster Recovery, Houston Tool Bank, Rebuilding Together Houston, Volunteers of America, and Wesley Community Center.
Historically, communities of color that are lower income have experienced greater impact by extreme weather events.
Our hope is to better prepare underserved communities to address all those issues and to make our city stronger as well."
The LISC-Allstate Foundation pilot program will run throughout 2024, and outcomes will be publicly shared so that other communities might learn from the activities funded.

PNC BANK INVESTS $20 MILLION IN LOCAL INITIATIVES SUPPORT CORPORATION TO FUEL GROWTH IN UNDER-RESOURCED COMMUNITIES NATIONWIDE

Retrieved on:

星期四, 三月 28, 2024

Health, Organization, LISC, Growth, Veteran, PNC Financial Services, Education, PNC, Woman, Investment, EQ2, Local Initiatives Support Corporation, Renewable energy

NEW YORK, March 28, 2024 /PRNewswire/ -- PNC Bank has invested $20 million in the Local Initiatives Support Corporation (LISC) to expand the organization's efforts to boost economic opportunity and growth in thousands of rural counties as well as across 38 metro areas in the United States.

Key Points:

PNC Bank's funding includes both a 10-year, $10 million Equity Equivalent (EQ2) investment as well as a more flexible $10 million three-year term loan.
"With this 10-year commitment, PNC remains laser-focused on our efforts to strategically deploy low-cost capital into transformative initiatives that advance economic empowerment and prosperity where it's needed the most."
PNC Bank and LISC have collaborated on a number of significant investments in recent years spanning retail, health, education, and job training centers, as well as quality affordable housing and services.
"With this capital, PNC has made a remarkable commitment to the well-being of families and communities, with a ripple effect that will support economic growth long into the future," said Michael Pugh, LISC CEO.

Ford Foundation Appoints George H. Walker to Board of Trustees

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星期四, 三月 21, 2024

NEW YORK, March 21, 2024 /PRNewswire/ -- The Ford Foundation announced today the election of George H. Walker, chairman and chief executive officer of Neuberger Berman, to its Board of Trustees.

Key Points:

NEW YORK, March 21, 2024 /PRNewswire/ -- The Ford Foundation announced today the election of George H. Walker, chairman and chief executive officer of Neuberger Berman, to its Board of Trustees.
Walker additionally served on the Board of Trustees of the Local Initiatives Support Corporation (LISC), a nonprofit community development financial institution created with seed funding from the Ford Foundation in 1979.
Francisco G. Cigarroa, Ford Foundation Board of Trustees chair, said, "It is an honor to welcome George H. Walker to the Ford Foundation Board of Trustees.
Ford Foundation trustees are elected to the full board and serve six-year terms.