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A Strong Vision
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"The chief strength of the Funders' Collaborative is that it is a collaborative process rooted in a single vision--strengthening Latino communities. It allows grantmakers and grantees from all over the country to work together towards that vision."
-Marilda Gandara Aetna Foundation
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The Funders' Collaborative for Strong Latino Communities is a project of Hispanics in Philanthropy designed to strengthen the Latino civil sector.
The Collaborative is a funder-driven initiative that pools dollars from foundation, corporate, government, and individual donors to support capacity building among Latino-led nonprofits in the U.S. and Latin America. The Collaborative responds to the ongoing inequities in philanthropic funding of Latino organizations, and grows from a theory of change that building stronger Latino-led nonprofit organizations will build stronger Latino communities.
Structured as a regranting program, the Collaborative channels philanthropic resources from multiple sources to organizations operating at the local level in defined geographic areas in the U.S. and Latin America. Participating funders retain decision-making authority, and Hispanics in Philanthropy serves as the facilitator, convener, and information hub for the multiple sites in which the Collaborative makes grants.
As of April, 2008, the Collaborative has raised nearly $36 million from 162 funding partners in 18 sites across the U.S. and Latin America. To date, grants have been made to 458 Latino-led nonprofits. Much has been done, but much remains to be done, as well.
In 2005 Hispanics in Philanthropy began Phase Two of the Collaborative, which will extend and deepen the impact of this initiative. The preliminary fundraising goal is $50 million over the next five years, of which we have already secured $18 million in support.
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