About Latino Economic Development
LEDC catalyzes economic advancement of Latinos and local communities by bridging the gap to capital and resources to achieve financial prosperity.
Focus Areas
Small business loans and technical assistanceHousing preservation and home improvement loansFinancial empowerment and credit buildingCommunity development and direct community investmentsWorkforce / business training and advising
Who They Fund
small businesses (COVID-impacted)local small business owners/operators
Funding Style
grantmaking via partner/intermediaryemergency/COVID relief fundingprogram-restricted support for small business retention
About Latino Economic Development
A defining feature of Latino Economic Development Corporation’s grantmaking is its use of direct community investments to keep small businesses operating during periods of strain and growth. In 2024, its larger awards included $330,736 to V-tech Solutions Inc, $318,616 to Moveius Contemporary Ballet Inc, and $305,013 to Jessica Stuart Media Inc Dba Long Story Short Media Inc, all labeled for retaining and growing small businesses. The foundation also uses partner-led disbursements, including $689,999 to Baltimore Community Lending Inc and $200,000 to Parity Baltimore Incorporated, showing that it funds through both direct awards and intermediary organizations.\n\nIts stated work centers on bridging capital and resources for Latino and local communities, with programs that include small business loans, technical assistance, housing preservation and home improvement loans, financial empowerment and credit building, community development, and workforce and business training. Recent grants show activity across operating businesses, community organizations, and sector-specific initiatives such as restaurants, reflecting a mix of business retention, resilience, and local economic support. Emi Reyes leads the foundation.
What Latino Economic Development Funds
The foundation’s strongest cause-area signal is small-business retention. It awarded $300,000 to Festival Center Inc and $200,000 to Workchew Inc for retaining and growing small businesses, alongside several other business-support grants in Washington, DC.\n\nCOVID-era relief is another visible theme. In 2023, it gave $207,863 to Building Bridges Across the River for COVID relief assistance and $207,200 to Cchh Reston LLC for the same purpose, then issued additional relief awards to commercial properties and arts organizations in the region.\n\nPartner-mediated community investment also appears in the grant list. Baltimore Community Lending Inc received $189,999 in 2024 as a grant disbursement to partner, and University of Maryland Baltimore received $166,667 in 2024 under the same designation, indicating that the foundation channels some support through local institutions.
How Latino Economic Development Gives
Typical grant size is tightly clustered at $12,000 at the 25th percentile, $12,000 median, and $18,000 at the 75th percentile. That pattern sits alongside a much larger set of direct and partner-led awards, which suggests the median reflects one part of a broader portfolio rather than the full range. The foundation is a regular funder and does not make program-related investments. Grants recur across years: Baltimore Community Lending Inc, Black Women Build - Baltimore Inc, and University of Maryland Baltimore each appear in both 2023 and 2024. Some programs accept unsolicited applications, including the EmPOWER Loan Program and the Financial Empowerment Program, while the other listed direct-grant initiatives do not.
Financial Snapshot
Annual Giving
$7.9M
Total Assets
$25.2M
Total Revenue
$19.5M
Total Expenses
$18.4M
Typical Grant Size
Most grants fall between $12K and $18K, with a median of $12K.
25th Percentile
$12K
Median
$12K
75th Percentile
$18K
Geographic Reach
Regional10 states funded
About 11% of grants go to recipients in MD.
Funding intensity
LowHigh
Headquarters
Leadership
EMI REYES
Accepts unsolicited proposals
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