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Latino Legacy Fund

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About

In 2013, the Boston Foundation, in partnership with Latino leaders and Hispanics in Philanthropy, established the Latino Legacy Fund, the first Latino-focused philanthropic resource in Greater Boston. The mission of the Latino Legacy Fund is to create and maintain a permanent endowment to strengthen the diverse Latino community. The Fund focuses its grantmaking on organizations that work in the Greater Boston area and enable more Latino young people to reach their full potential by improving their educational experiences from early childhood through postsecondary education.

Focus

To support issues and organizations that advance the socioeconomic status of Latinos.

Host Organization

The Boston Foundation

http://www.tbf.org/

Boston, MA

United States

The Boston Foundation (TBF), founded in 1915, is a community foundation serving the Boston area with over $1 billion in assets under management. It provides advice, investment vehicles, and back-office expertise to facilitate and inspire philanthropy. TBF is unique among community foundations in that in 2012, it merged with The Philanthropic Initiative (TPI), a nonprofit donor advisory firm. TPI operates as a distinct operating unit within the foundation and provides customized philanthropic consulting services. TBF engages in discretionary grantmaking through resources from their endowment fund, The Permanent Fund for Boston. In 2016, grantmaking from the Permanent Fund totaled to $16 million and accounted for 18% of the Foundation’s overall giving. The remaining 82% of the Foundation’s overall giving, or approximately $73 million, is through DAFs and approximately 30 "co-investment opportunities" established and pre-vetted by TBF staff and donors.

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Latino Legacy Fund

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