Livelihood Impact Fund

What it reported doing in 2024

Educational staff meetings liif has engaged with members of congress, federal agencies, and other public-sector leaders through structured educational briefings. These meetings feature concise, data-driven materialssuch as one-pagers illustrating liif's investments and the measurable impact of community development initiatives. In these meetings, liif advocates for robust funding of key programssuch as the cdfi fund, head start, and other hud initiativesas well as for policies that advance affordable housing and early care and education (ece). By translating complex policy issues into accessible insights, these engagements strengthen policymakers' understanding of the programs shaping their constituencies and position liif as a trusted, go-to resource for credible policy guidance.collective advocacy recognizing that systemic change requires collective action, liif actively collaborates with peer organizations and coalitions to advance shared advocacy goals. Through joint policy statements, coordinated campaigns, and strategic partnerships, liif amplifies its influence and ensures that community investment priorities are heard across state and national platforms. This collective voice strengthens the policy ecosystem, aligning efforts to expand opportunity and long-term community impact. Throughout october 2025, liif worked with partners to secure signatures from 105 members of congress on a bicameral letter to treasury secretary and omb director, reaffirming their support for the cdfi fund and urging the administration to carry out its statutory obligations. Additionally, as the co-chair for the national children's facility network (ncfn), liif continues to host learning exchanges and provided resources for coalition members to keep members up to date and engaged on ece policy issues. This includes hosting monthly webinars, authoring policy updates, and providing materials for members to engage with their elected officials. Legislative endorsements liif offered endorsements for key pieces of legislation, recognizing that public support from mission-driven organizations can play an important role in advancing policy priorities. These endorsements not only elevate liif's policy agenda but also help build momentum for legislative action that aligns with its mission to promote economic opportunity for communities. In september 2025, liif endorsed the bipartisan, child care modernization act. The bill will reauthorize the child care and development block grant (ccdbg) to help provide quality, affordable child care to america's working families. Liif's ceo was quoted in sen. Fischer's (r-ne) press release underscoring the importance of the critical role of federal investments in child care facilities.in august, liif endorsed the bipartisan, road to housing act of 2025. The bill includes provisions that will boost the nation's housing supply, improve housing affordability, and increase oversight and efficiency of federal regulators and housing programs. Liif's ceo, dan nissenbaum, was quoted in chairman scott's press release noting liif's support for the bill's focus on leveraging public and private capital, plus fostering cross-sector collaboration to scale solutions that meet the urgency and complexity of the housing crisis.

Financial Efficiency

• Mission deployment rate: 47.6%; rating input score 48
• Program expense ratio: 78%; rating input score 78
• Fundraising efficiency: $25.72 raised per $1 spent on fundraising; rating input score 63; 63rd percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
• Pay-setting controls: 5 of 6 controls in place; rating input score 83
  • Compensation committee: Pass
  • Independent consultant: Pass
  • Other Form 990s reviewed: Pass
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: 99.8%; rating input score 100; 44th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Yes; rating input score 100

Accountability

• Independent voting board: 86.7%; rating input score 87; 33rd percentile among comparable filings
• Governance controls: 9 of 9 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 41.2%; rating input score 95; 95th percentile among comparable filings
• Total-asset coverage ratio: 10.84; rating input score 92; 92nd percentile among comparable filings
• Liabilities to assets ratio: 0.72; rating input score 21; 21st percentile among comparable filings
• Officer compensation ratio: 5.6%; rating input score 13; 13th percentile among comparable filings

Growth

• Program expense growth: 13.7% per year; rating input score 100; 85th percentile among comparable filings
• Revenue growth: 11.7% per year; rating input score 100; 82nd percentile among comparable filings
• Asset growth: 10.3% per year; rating input score 100; 72nd percentile among comparable filings