Newsweek: Democratic Donor Group Launches $15M Fund Before Midterms to Reach Latinos
Newsweek – September 1, 2022
By Adrian Carrasquillo
The Valiente Fund, a new donor collaborative from Way to Win, is backed by philanthropies including Open Society Foundations and Democracy Fund, and has already raised and allocated $15 million ahead of its launch.
The effort, shared first with Newsweek, expects to add other major foundations as well.
At a time when less than 2% of philanthropic dollars are invested in Latino communities and groups, the fund will have two separate branches: one that is nonpartisan, to incubate and grow new Latino organizations, and another that is political, which will use messaging derived from research commissioned by Way to Win that will be applied at scale to reach a larger audience.
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