Powering Greater Boston's Economy

Latino Legacy Fund

Building a future of shared prosperity for Greater Boston

The Latino Legacy Fund and COVID-19

Support for Chelsea: Thank you!

Thanks to our community’s generosity, the Latino Legacy 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 Legacy 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. 

As a permanent, committee-advised Field of Interest Fund, the Latino Legacy Fund will contribute 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.

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  Key Facts

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

Grantmaking: Typically on an annual cycle

Download the Latino Legacy Fund brochure.

Information for donors

Your donation, driving impact

In the last year, community support for the Latino Legacy 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 Legacy 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 Legacy 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 Legacy Fund is looking to change that.

Since 2014, the Latino Legacy Fund has provided annual grant opportunities for Latino-led and Latino-serving nonprofits. The program was paused in 2017, so the Latino Legacy 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 Latino Legacy 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 Legacy 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 Legacy Fund:

  • Planned Gifts – The Boston Foundation offers a full range of planned and legacy giving options.  Planned gifts may be made to the Latino Legacy 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 Legacy 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 Legacy Fund at the Boston Foundation.
  • Succession Plans for Existing Giving Vehicles – Donors with a private foundation or Donor Advised Fund can name the Latino Legacy Fund as the successor entity to their giving vehicle.

Call 617-338-1700 for more information.

The Latino Legacy Fund Advisory Committee

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

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

Aixa Beauchamp, Co-chair
Beauchamp & Associates
Co-Founder, Latino Legacy Fund

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

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

Rita German
Director of Community Investments
John Hancock

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 Legacy Fund

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

Julio E. Vega
Morgan, Lewis & Bockius LLP