About Nueva Esperanza
Esperanza is a faith-based nonprofit organization driven by the biblical mandate to "serve the least of these." We strengthen Hispanic communities through education, economic development, and advocacy.
Focus Areas
K-12 and higher educationcharter schools and college accessaffordable housing and home repaireconomic & small business developmentworkforce trainingimmigration legal servicesarts, culture and community engagementfaith-based community programs
Funding Style
capital campaignprogram/project-restricted fundingeducation/training supportinfrastructure/capacity investment
About Nueva Esperanza
Nueva Esperanza Inc centers housing counseling as a core line of grantmaking, with large awards moving through a national intermediary model and repeated support for organizations in multiple cities. In 2025, the largest listed grant was $803,000 to 199 Hunting Park Corporation in Philadelphia for a capital campaign, showing that the foundation will back infrastructure as well as direct service. Other sizable awards went to Housing and Family Services of Greater New York in Brooklyn and to Esperanza Immigration Legal Services in Philadelphia, pointing to a mix of housing stability work and related community services. The foundation also supports organizations outside Pennsylvania, including groups in Denver, Detroit, Chicago, San Antonio, Simi Valley, and other U.S. cities. Its active programs include National Housing Counseling Subgrants & Technical Assistance and a HUD national intermediary role that provides sub-grants, training, and technical assistance to housing counseling organizations and community-based partners across the U.S. The overall picture is a funder using both project grants and capacity-building support to strengthen housing counseling and allied community infrastructure.
What Nueva Esperanza Funds
Housing counseling is the clearest throughline in the recent grant list. Nueva Esperanza Inc gave $242,040 to Housing and Family Services of Greater New York in Brooklyn for housing counseling, and it also supported the same organization in 2024 and 2023, indicating repeated funding over multiple years. The foundation also made housing counseling grants to Newsed Community Development Corporation Inc in Denver, Detroit Hispanic Development Corporation in Detroit, and Our Casas Resident Council Inc in San Antonio. Beyond housing, the list includes $150,579 to Esperanza Immigration Legal Services in Philadelphia for education/training, showing support for staff or partner development tied to immigrant-serving work. Education is another visible area, with grants to Eastern University in St Davids and to local Philadelphia congregations for education/training.
How Nueva Esperanza Gives
Typical grant sizes cluster in the mid-five-figure range, with p25 at $20,774, a median of $36,139, and p75 at $49,354. The recent list shows both one-time awards and repeat support: Housing and Family Services of Greater New York, Newsed Community Development Corporation Inc, Centro Familia Nueva Esperanza, Detroit Hispanic Development Corporation, Our Casas Resident Council Inc, and Greater Southwest Development Corporation each appear in more than one year. Nueva Esperanza Inc is an operating foundation, not a DAF, and it does not make program-related investments. Its active housing-counseling intermediary programs also indicate a grantmaker that combines subgrants with technical assistance rather than only direct project grants.
Financial Snapshot
Annual Giving
$361K
Total Assets
$56.6M
Total Revenue
$18M
Total Expenses
$16.7M
Typical Grant Size
Most grants fall between $21K and $49K, with a median of $36K.
25th Percentile
$21K
Median
$36K
75th Percentile
$49K
Geographic Reach
National10 states funded
Funding intensity
LowHigh
Headquarters
Leadership
LUIS CORTES JR
Accepts unsolicited proposals
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