The Latino Equity Fund (LEF) is a grant initiative established by The Boston Foundation aimed at amplifying diverse voices and perspectives within the Latino community in Greater Boston and the surrounding areas. The fund focuses on promoting equitable access to economic prosperity and overall well-being for Latinos. For the fiscal year 2025, LEF is inviting applications from community nonprofits that are dedicated to advancing the Latino community through initiatives that create economic opportunities, address health disparities, and enhance community well-being.

The primary purpose of the Latino Equity Fund is to support organizations that are working to improve the lives of Latinos in the region. The objectives include creating economic prosperity opportunities through various programs such as adult education, workforce development, financial literacy, and entrepreneurship. Additionally, the fund aims to combat healthcare disparities by improving access to healthcare services, mental health support, and addressing issues like food insecurity and housing instability. Lastly, the fund seeks to support community well-being through youth development, civic engagement, and advocacy for immigration reform.

Funding from the Latino Equity Fund ranges from $10,000 to $100,000, with a typical grant size of $50,000 provided as general operating support over a two-year period. Grants are disbursed in two equal annual installments of $25,000. The fund prioritizes emerging Latinx-serving organizations, particularly those that are Latinx-led and have not previously received funding from LEF or The Boston Foundation. The fund does not support individual grants, endowments, fundraising events, or projects that directly influence legislation or political activities.

Eligible applicants for the Latino Equity Fund include nonprofit organizations that operate within the designated counties of Essex, Middlesex, Norfolk, Plymouth, and Suffolk in Massachusetts. The fund emphasizes accessibility in technology and language, ensuring that the application process is as inclusive as possible. Organizations interested in applying should carefully review the funding priorities to determine alignment with their mission and programs.

The application process for the Latino Equity Fund is competitive, and while efforts have been made to streamline it, applicants should be prepared for a significant time commitment. Specific submission requirements and application questions will be outlined in the request for proposals, which will be made available on The Boston Foundation's website.

The deadline for submitting applications for the Latino Equity Fund is October 21, 2024. Interested organizations should mark this date and prepare their proposals in advance to ensure they meet all necessary criteria. For further information, applicants can reach out to Javier Juarez at The Boston Foundation via email or phone.

Overall, the Latino Equity Fund represents a significant opportunity for nonprofits dedicated to serving the Latino community in Greater Boston, providing essential funding to support initiatives that foster economic growth, health equity, and community well-being.