Logo for "LATINO ECONOMIC DEVELOPMENT CORPORATION"

LATINO ECONOMIC DEVELOPMENT CORPORATION

LATINO ECONOMIC DEVELOPMENT CORPORATION

Washington, DC, US
501(c)3
EIN
52-1749216
Regional Funder
Logo for "LATINO ECONOMIC DEVELOPMENT CORPORATION"

LATINO ECONOMIC DEVELOPMENT CORPORATION

Washington, DC, US
501(c)3
EIN
52-1749216
Regional Funder

Overview

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Est.

1991

Fiscal Year Start

Oct 1

Organization Type

funder logo
Grantmaker
AI Summary
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The Latino Economic Development Corporation (LEDC) is a 501(c)(3) grantmaking organization that focuses its funding in Washington, DC, Virginia, and Maryland. With a total of $7.9 million in grants paid to 227 grantees in 2023, LEDC operates on a relationship-based engagement model and does not accept unsolicited proposals, making grants by invitation only. Nonprofits interested in connecting with LEDC can explore warm-introduction pathways through Impala's Funder Prospecting.

Mission Statement

TO EQUIP INDIVIDUALS AND FAMILIES WITH THE SKILLS AND FINANCIAL TOOLS THROUGH ACCESS TO CAPITAL, ENTREPRENEURSHIP, AND HOMEOWNERSHIP PATHWAYS-TO CREATE A BETTER FUTURE FOR THEMSELVES AND THEIR NEIGHBORHOODS.
Total Funding Given

$7.9M

2023
Grantees funded
227
Multi-year grantees
15%
Funding by Year
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Evaluate your own portfolio
Understand the health of your own grantees and uncover signs of risk.
Total No. of Grants

265

Median 1st year grant
$15K
Median 2nd year grant
$139.9K
Top 3 Grants
Matched grants only
Grantee
Grant Size
E
Emi Reyes
Board Member
C
Carlos Talamante
Board Member
J
Jeffry Vique
Board Member

Frequently Asked Questions

Can I submit an unsolicited grant proposal to LATINO ECONOMIC DEVELOPMENT CORPORATION?
No. LATINO ECONOMIC DEVELOPMENT CORPORATION does not accept unsolicited proposals. Funding is by invitation only.
Where does LATINO ECONOMIC DEVELOPMENT CORPORATION give?
LATINO ECONOMIC DEVELOPMENT CORPORATION primarily gives to organizations located in District Of Columbia, Virginia, and Maryland. These states represent the largest share of the foundation’s grantmaking by dollars awarded. Additional geographic details are available to registered users.
What size are LATINO ECONOMIC DEVELOPMENT CORPORATION’s grants?
The largest share of grants from LATINO ECONOMIC DEVELOPMENT CORPORATION fall in the $5,000 to $25 thousand range. The median first-year grant is about $15 thousand. More detailed grant size data is available to registered users.
How many grants does LATINO ECONOMIC DEVELOPMENT CORPORATION make each year?
In 2023, LATINO ECONOMIC DEVELOPMENT CORPORATION awarded about 270 grants, totaling nearly $7.9 million. More detailed grant metrics are available to registered users.
Who did LATINO ECONOMIC DEVELOPMENT CORPORATION fund recently?
In 2024, LATINO ECONOMIC DEVELOPMENT CORPORATION awarded grants to about 260 grantees. Recent grantees include BALTIMORE COMMUNITY LENDING INC, WASHINGTON DRAMA SOCIETY INC, and THE SHAKESPEARE THEATRE. More detailed information on all recent recipients is available to registered users.
How do we apply to LATINO ECONOMIC DEVELOPMENT CORPORATION?
LATINO ECONOMIC DEVELOPMENT CORPORATION does not accept unsolicited proposals. Funding is by invitation only.
Overview
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