Latinx communities experience widening disparities in income, education, health and housing compared to their white and Asian counterparts. This equity gap is exacerbated by a persistent lack of access to philanthropic dollars by Latinx nonprofit leaders and Latinx-led organizations. The LatinXCEL Fund is founded on the belief that investing in Latinx-led organizations will, in turn, build the power and self-determination of Latinx people most impacted by structural racism. The ultimate aim is to transform our region into one that is more inclusive and just, where all Latinx community members can thrive.
The LatinXCEL Fund seeks to reverse long-standing inequities by investing in people and organizations that address the infrastructure needs of nonprofits serving Latinx communities. The Blueprint for Change report identifies four key areas in which more effective philanthropy and substantial investments can lead to exponential change, and which this fund will support:
-Leadership development including executive coaching, board development, peer mentoring and cross-sector learning
-Capacity-building and organizational development for established and emerging organizations, including smaller, grassroots or volunteer-based nonprofits
-Cross-sector collaboration, consulting and technical assistance to address organizational infrastructure needs
-Unrestricted funding to enable these organizations to engage in policy advocacy, movement-building and coalition work
The LatinXCEL Fund is a fund at Silicon Valley Community Foundation. SVCF manages the funds and will implement the program.
Silicon Valley Community Foundation advances innovative philanthropic solutions to challenging problems. SVCF partners with families, individuals and corporations to manage and facilitate their philanthropy. It connects donors’ interests to the most pressing needs, whether in Silicon Valley or around the globe. SVCF shapes critical public policy issues, partners with nonprofit groups and institutions advancing the best ideas and directs resources swiftly and strategically toward unforeseen needs.
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