Powering Greater Boston's Economy

Latino Equity Fund

Building a future of shared prosperity for Greater Boston

The Latino Equity Fund and COVID-19

Support for Chelsea: Thank you!

Thanks to our community’s generosity, the Latino Equity Fund received over $16,000 in donations for Chelsea and was able to direct over $80,000 towards emergency relief efforts in the city.

Nuestra Familia

In an effort to reduce the devastating toll of COVID-19 on Latino communities, the Fund has developed Spanish-language resources and tips for protecting yourself and your family from coronavirus.


The Latino Legacy Fund

Established in 2013, the Latino Equity Fund is the first Latino-focused fund in Greater Boston, and is a unique partnership of Latino philanthropists and leaders, the Boston Foundation and Hispanics in Philanthropy. Known at its inception as the Latino Legacy Fund, the fund advisory board decided in 2020 to change the fund's name to reflect its commitment to creating a more just and equitable community for Latinos in Greater Boston

As a permanent, committee-advised Field of Interest Fund, the Latino Equity Fund contributes to our region’s civic vitality by supporting organizations that help Latinos realize their full potential, with a specific focus on improving the educational experiences of Latinos in Greater Boston from early childhood through post-secondary education.

The Fund made its first grants in October 2014, and has continued a regular grant-making cycle, with grants ranging in size from $10,000 to $25,000.  The fund was seeded with $500,000 in challenge grants from the Boston Foundation and Hispanics in Philanthropy, and seeks to build a permanent endowment for long-term grant making.

Latino Equity Fund & TBF COVID-19 Rapid Funding: ($62,500)

1.     East Boston Health Center: $12,500 to assist in the acquisition of medical equipment and provision of prevention education and psychosocial support for vulnerable populations, including undocumented individuals.

2.     Somerville Hispanic Association for Community Development: $12,500 to provide supportive services, including non-perishables and food items, to families and individuals in the communities of Somerville, Medford, Everett, Cambridge, and surrounding towns.

3.     The Right to Immigration Institute (TRII): $12,500 to help with the provision of high quality legal services to immigrants with little access to emergency benefits and/or housing.

4.     The Neighborhood Developers: $12,500 to continue providing multilingual and multi-channel communications about relief services, food security, and cash relief for undocumented and/or elderly tenants.

5.     The Latino Health Insurance Program (LHIP): $12,500 to virtually support Latino residents in Framingham requiring immediate help accessing basic services related to COVID-19, like unemployment benefits, and navigating their healthcare and insurance.

Additional Latino Equity Fund COVID-19 Rapid Funding

6.      Chelsea Collaborative (La Colaborativa): $50,000 to provide basic needs and services to the community of Chelsea and enable La Colaborativa to function as an emergency fund for the city of Chelsea with cash stipends, food pantries and support services for a community hit hard by COVID-19.

Latino Equity Fund & Western Community Foundations Covid-19 Grants ($75,500)

Grants made in Western Massachusetts were made in partnership with the local community foundations in the areas that served as our local guide and partner to ensure our funds augment COVID-19 funding to the most critical organizations serving the community.

Community Foundation of Western Massachusetts ($65,000)

7.     Womanshelter Compañeras: $13,000 to continue providing emergency shelter, support groups in Spanish, and advocacy programming to victims of domestic abuse.

8.     Holyoke Health Center (MUPR Grantee): $13,000 to address the needs of Holyoke residents through extensive screening procedures, the expansion of its Urgent Care Unit, and communication of vital information. In the aftermath of Hurricane Maria, HCC played a pivotal role in Western Massachusetts for relocated Puerto Ricans seeking health services, especially those related to trauma.

9.     Gándara Mental Health Center (MUPR Grantee): $13,000 to continue providing essential resources to the Springfield community by supporting families with rental assistance and food and transportation vouchers, and through its telemedicine services. The Center was active in helping over 300 relocated families from Puerto Rico access critical resources after Hurricane Maria.

10.  New North Citizens Council (MUPR Grantee): $13,000 to serve the most vulnerable individuals in the community through rental and utilities assistance, and gift cards for food, gas, and clothing. New North served as a lifeline and advocate for relocated Puerto Ricans who found themselves in limbo with FEMA and housing services after Hurricane Maria.

11.  Enlace de Familias de Holyoke (MUPR Grantee): $13,000 to provide community members with mental health services, food distribution, personal hygiene kits, and support navigating COVID-19 assistance and resources. Enlace played a critical role after Hurricane Maria in the community, helping many families resettle and providing guidance to those that qualified for FEMA.

Latino Equity Fund & Berkshire Taconic Community Foundation ($10,500)

12.  Manos Unidas Multicultural Educational Cooperative: $10,500 to provide emergency support to the Pittsfield community, including meal delivery, employment assistance, and support for those requiring virtual transitions to sustain their initiatives that were a source of economic self sufficiency.

Additional FY20 Grants

13.  Latinos for Education: $12,500 for research, report development, and marketing for a fall convening on COVID-19 Roadmap for Latino Students and Families, a report that synthesizes the impact of COVID-19 and serves as an advocacy platform to influence decision-makers on key education issues affecting Latino students in the education system.

14.  Latino Education Institute at Worcester University: $20,000 to support programming for 60 relocated Puerto Ricans in re-engagement via remote learning, community-based education, and family stabilization services.

15.  Amplify Latinx: $10,000 to support the work of MassINC Polling Group in developing a first of its kind statewide survey on the impacts of the Latino community across the state.

16.  Chelsea Collaborative: $33,000 to provide residents with emergency cash grants, food, and other basic necessities. These additional funds were a result of a community matching campaign to support Chelsea during a very critical time of need that enabled the Latino Equity Fund to deploy over $80,000 in grants during the initial phase of COVID-19.

Latino Equity Fund logo

  Key Facts

Founded: 2013, as the first Latino-focused fund in Boston

Grantmaking: Typically on an annual cycle

Download the Fund brochure

Information for donors

Your donation, driving impact

Community support for the Latino Equity Fund has made it possible for the Fund to:

  • Commission a major research report which evaluated the social and economic return on investment in the region’s ESOL system. Produced just before the COVID-19 pandemic, this report may prove to be an important baseline for further analysis on the connection between ESOL and post-pandemic employment levels.
  • Develop a wide-reaching and culturally sensitive educational campaign in response to the COVID-19 outbreak. This campaign connected thousands of Spanish-speaking individuals to information and resources for support.
  • Provide rapid response grants to a dozen Latino-led and Latino-serving nonprofits across the state.
  • Double the impact of funds directed towards the city of Chelsea by matching $16,000 in received donations.

In total, the Latino Equity Fund was able to contribute over $80k towards emergency relief through a combination of funding from the Massachusetts United for Puerto Rico Fund, the Latino Equity Fund and dollars entrusted from members of the community.

Grantmaking and research

Massachusetts is one of six states to attribute all of its population growth to the Latino population, but the Latino community continues to be underfunded. A report by Hispanics in Philanthropy showed that only 1.3 percent of spending by U.S. foundations is specifically targeted to Latino programs, even though Latinos are the fastest growing part of the American population, and comprise nearly 25 percent of all children and youth. The Latino Equity Fund is looking to change that.

Since 2014, the Latino Equity Fund (formerly the Latino Legacy Fund) has provided annual grant opportunities for Latino-led and Latino-serving nonprofits. The program was paused in 2017, so the Fund could partner with the Boston Foundation to found Massachusetts United for Puerto Rico, the Massachusetts effort to help the thousands of Puerto Ricans affected by Hurricane Maria. With the support of Boston Mayor Matrin J. Walsh and Gov. Charlie Baker, MUPR raised more than $4 million to help with emergency needs, recovery and support for the thousands of Puerto Ricans temporarily or permanently displaced to Massachusetts.

Powering Greater Boston's Economy

In 2017, the Fund worked in collaboration with Boston Indicators and the Boston Planning and Development Agency on the publication of Powering Greater Boston’s Economy: Why the Latino Community Is Critical to Our Shared Future, a first-of-its-kind report on the impact of the growth of Greater Boston's Latino population on the region's demographics and economy. The report highlighted the sharp growth in Greater Boston's Latino population since 1980, noting that virtually all of the City of Boston's population growth since 1980 can be attributed to its growing Latino population. Even so, the report noted that Latino representation in leadership, government and business sharply lags the overall population percentage. 


For donors:

The Latino Equity  Fund presents a unique opportunity for donors who want the flexibility of supporting a broad range of organizations and initiatives while meeting the future needs of the Latino community. Any individual, family, or organization can support current grant making through gifts by check, credit card, distributions from Donor Advised Funds or gifts of appreciated stock or other assets. Here is more about the many ways to support the Latino Equity Fund:

  • Planned Gifts – The Boston Foundation offers a full range of planned and legacy giving options.  Planned gifts may be made to the Latino Equity Fund through bequests, retirement plan and life insurance gifts.  In addition, the Boston Foundation offers charitable remainder trusts and charitable lead trusts, all of which may benefit the Latino Equity Fund.
  • Outright Contributions – The Boston Foundation can accept all types of gifts into the fund including cash, publicly traded securities, restricted stock, real estate, and more.
  • Donor Advised Funds – Donors with existing Donor Advised Funds can recommend a grant to the Latino Equity Fund at the Boston Foundation.
  • Succession Plans for Existing Giving Vehicles – Donors with a private foundation or Donor Advised Fund can name the Latino Equity Fund as the successor entity to their giving vehicle.

Call 617-338-1700 for more information.

The Latino Equity Fund Advisory Committee

Zamawa Arenas
Founder & CEO
Flowetik
Member, The Boston Foundation Board of Directors

Carolina Avellaneda
Director of Governance & Compliance and Strategic Counsel
University of Massachusetts

Aixa Beauchamp, Co-chair
President
Beauchamp & Associates
Co-Founder, Latino Equity Fund

Vanessa Calderón-Rosado, Ph.D.
Chief Executive Officer
Inquilinos Boricuas en Acción
Member, The Boston Foundation Board of Directors

Rafael Cofiño
Partner
Great Hill Partners

Yvonne Garcia
Chief of Staff to Chief Executive Officer
State Street Corporation

Rita German
Director of Community Investments
John Hancock

Phillip González
Senior Program Officer
Tufts Health Plan Foundation

Juan Lopera, Co-chair
Vice President, Business Diversity
Tufts Health Plan

Lazaro Lopez
Director of Engineering Southern New England
Charter Communications

Reinier Moquete
CEO, Advoqt Technology Group 
Founder, CyberWarrior Academy 
Co-Founder, Latino STEM Alliance

Juan Carlos Morales
Founder & President
Surfside Capital Advisors
Co-Founder, Latino Equity Fund

Mario Rivera
Branch Manager
UBS

Mary Skelton Roberts
Co-Director of Climate
Barr Foundation

Micho Spring
Chair, Global Corporate Practice & President New England
Weber Shandwick

Julio E. Vega
Partner
Morgan, Lewis & Bockius LLP