Fundraising FoxLocal Initiatives Support Corporation
New York, US · Incorporated in New York
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LISC's national Development team cultivates and manages funding relationships with corporations, foundations, and individual donors to bring resources to the communities LISC serves. It focuses on community development work in the United States.
Founders & leadership
MJ
Maurice JonesExecutiveMaurice Jones is an attorney and executive leader with extensive experience in community development, economic policy, and nonprofit leadership. He previously served as President & CEO of the Local Initiatives Support Corporation, Deputy Secretary of the U.S. Department of Housing and Urban Development, Secretary of Commerce & Trade for Virginia, and CEO of OneTen and FirstGen Forward; he holds a law degree, a master's degree from Oxford University as a Rhodes Scholar, and graduated from Hampden-Sydney College as valedictorian in 1986.
MT
Michael T. PughCEOMichael T. Pugh is President and CEO of LISC, a nonprofit community development financial institution that funds affordable housing and economic development across the United States, Puerto Rico, and Guam. He previously served as President and CEO of Carver Bancorp, a publicly traded minority-operated bank, and held leadership roles at Capital One and board positions at other financial and community development organizations.
MH
Michael HearneNamed on SEC filing
KP
Kenneth Patrick MaherNamed on SEC filing
CB
Courtney BrankerNamed on SEC filing
Reported raises · per SEC filings
Form D private placements$950K disclosed across 1 round · 2018
▶$950KraisedOct 2018 · 5 investors · OtherRule 506(c)
▶$950KraisedOct 2018 · 5 investors · Other
Rule 506(c)Officers, directors & promoters on the filing
- Maurice JonesExecutive Officer
- Michael HearneExecutive Officer
- Kenneth Patrick MaherExecutive Officer
- Courtney BrankerExecutive Officer
- Offering amount
- $5M
- Amount sold
- $950K
- Minimum investment
- $100K
- First sale
- Oct 2018
- Incorporated
- Other, New York
- Federal exemptions
- 06c
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
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Frequently asked questions
- What does Local Initiatives Support Corporation do?
- LISC's national Development team cultivates and manages funding relationships with corporations, foundations, and individual donors to bring resources to the communities LISC serves. It focuses on community development work in the United States.
- How much funding has Local Initiatives Support Corporation raised?
- Local Initiatives Support Corporation has disclosed $950K raised across 1 round.
- Where is Local Initiatives Support Corporation headquartered?
- Local Initiatives Support Corporation is headquartered in New York, US.