LATINO ECONOMIC DEVELOPMENT CORPORATION
AI Summary
The Latino Economic Development Corporation (LEDC) is a 501(c)(3) organization that focuses on supporting economic development initiatives, having awarded a total of $6.2 million in grants to 257 grantees in 2024. Notably, LEDC does not accept unsolicited proposals; instead, it engages in a relationship-based funding approach 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.
Cause Areas
1
Community improvement
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See top causes for this funder's grantees, who else funds them, and their grants.
Explore this org's ecosystem
See top causes for this funder's grantees, who else funds them, and their grants.
Grantee
Total Funding
Funding Share
BALTIMORE COMMUNITY LENDING INC
$970K
1%
THE SHAKESPEARE THEATRE
$747.8K
< 1%
FORD'S THEATRE SOCIETY
$747.8K
< 1%
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Total No. of Grants
424
Median 1st year grant
$10K
Median 2nd year grant
$59.1K
Top 3 Grants
Matched grants only
Grantee
Grant Size
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 $10 thousand. More detailed grant size data is available to registered users.
How many grants does LATINO ECONOMIC DEVELOPMENT CORPORATION make each year?
In 2024, LATINO ECONOMIC DEVELOPMENT CORPORATION awarded about 420 grants, totaling nearly $6.2 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, THE SHAKESPEARE THEATRE, and FORD'S THEATRE SOCIETY. 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.