David Lizárraga, LMD
Chairman, TELACU Education Foundation
During his tenure as President & CEO of TELACU for more than 35 years, Dr. David C. Lizárraga grew the company into the largest Community Development Corporation in the nation, which today focuses its more than $700 million in assets on empowering individuals and families in the communities it serves.
Internationally recognized as an expert in economic empowerment and community development, Lizárraga is a highly sought-after contributor to business, civic, educational and government-based organizations. He has received numerous Presidential and Gubernatorial appointments, the most recent of which was to the U.S. Treasury Department’s Community Development Advisory Board by President Obama. He is also former National Chairman of the U.S. Hispanic Chamber of Commerce which represents the interests of our nation’s three-million Hispanic-owned businesses.
Lizárraga created the innovative business model upon which TELACU is structured. The parent non-profit owns and operates TELACU Industries—its for-profit holding company. The 13 for-profit businesses create jobs; provide hard working families and businesses with access to capital; and build quality, affordable homes and community assets. Every TELACU business generates a double bottom line—profitability that is inseparable from social impact.
As Chairman and Founder of the TELACU Education Foundation, he ensures that sufficient resources are available to annually support 500 full-time college students and 1,600 middle through graduate school students, and veterans.
Consistently recognized among our nation’s top Hispanic leaders, Lizárraga has been accorded numerous honors and awards for his business achievements, commitment to community economic development and empowerment, and philanthropic endeavors. These include: the 2015 Ellis Island Medal of Honor; Entrepreneur of the Year from Entrepreneur Magazine and Ernst & Young; Minority Business Advocate from the U.S. SBA and MBDA; the NAACP Thurgood Marshall Award; and Spirit of Life Award from the City of Hope. His career has also been the subject of numerous articles in local and national publications.