Program areas at Latin Grammy Cultural Foundation
Scholarships (Latin music education): provide financial support to Latin music students with three annual programs: 1 prodigy scholarship of up to $200k, 3 gifted scholarships of up to $100k each, and 40 tuition assistance scholarships of up to $10k each.
Music research and preservation (Latin music): miscellaneous programs to further the international awareness and appreciation of the significant contributions of Latin music and its makers to the world's culture.
Music education programs (Latin Grammy in the schools): bring music professionals and well-recognized talent to share their professional experiences in the music industry with students and give them advice on the importance of music and arts as an integral part of their education. In partnership with a sponsor and an artist, musical instruments are donated to schools with a music program.
Grants made by Latin Grammy Cultural Foundation
Who funds Latin Grammy Cultural Foundation
Grants from foundations and other nonprofits
Personnel at Latin Grammy Cultural Foundation
| Name | Title | Compensation | Date of data |
|---|
| Raquel Egusquiza | Executive Director | $51,498 | 2023-07-28 |
| Nannette Velez | Senior Director of Programs | $110,450 | 2023-01-31 |
| Raul Vazquez | Treasurer and Secretary | $0 | 2023-01-31 |
| Tanya Ramos | President | $176,129 | 2023-01-31 |
| Luis Cobos | Chairperson | $0 | 2023-01-31 |
| ...and 1 more key personnel |
Financials for Latin Grammy Cultural Foundation
| Revenues | FYE 01/2023 | FYE 01/2022 | % Change |
|---|
| Total grants, contributions, etc. | $2,308,753 | $1,931,973 | 19.5% |
| Program services | $37,500 | $132,900 | -71.8% |
| Investment income and dividends | $0 | $0 | - |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $2,346,253 | $2,064,873 | 13.6% |
Organizations like Latin Grammy Cultural Foundation
| Organization | Type | Location | Revenue |
|---|
| Bruce Springsteen Archives and Center for American Music Corporation | 501(c)(3) | West Long Branch, NJ | $2,468,512 |
| Rockley Family Foundation | 501(c)(3) | Golden, CO | $7,562,950 |
| VH1 Save The Music Foundation | 501(c)(3) | New York, NY | $8,246,893 |
| The Great American Songbook Foundation | 501(c)(3) | Carmel, IN | $1,441,715 |
| The Mr Holland's Opus Foundation | 501(c)(3) | Studio City, CA | $5,114,829 |
| Music Maker Foundation | 501(c)(3) | Hillsborough, NC | $1,198,902 |
| Arhoolie Foundation | 501(c)(3) | El Cerrito, CA | $932,069 |
| The Bob Moog Memorial Foundation for Electronic Music | 501(c)(3) | Asheville, NC | $599,797 |
| Jazz Foundation of America (JFA) | 501(c)(3) | New York, NY | $3,124,660 |
| Otis Redding Foundation | 501(c)(3) | Macon, GA | $2,092,579 |
Data update history
November 25, 2023
Received grants
Identified 2 new grant, including a grant for $100,000 from Ford Motor Company Fund September 25, 2023
Received grants
Identified 1 new grant, including a grant for $1,200,000 from Latin Recording Academy September 23, 2023
Posted financials
Added Form 990 for fiscal year 2023
September 23, 2023
Updated personnel
Identified 1 new personnel
July 22, 2023
Received grants
Identified 7 new grant, including a grant for $150,000 from Recording Academy Nonprofit Types
Grantmaking organizationsArts, culture, and humanities nonprofitsPerforming arts organizationsMusical groupsChapter / child organizationsCharities
Issues
EducationArts, cultural, and humanities
Characteristics
Partially liquidatedOperates internationallyNational levelProvides scholarshipsTax deductible donations
General information
- Address
- 3470 NW 82nd Ave 600
- Doral, FL 33122
- Metro area
- Miami-Fort Lauderdale-Pompano Beach, FL
- Website URL
- latingrammyculturalfoundation.org/esÂ
- Phone
- (305) 576-0036
IRS details
- EIN
- 46-4770436
- Fiscal year end
- January
- Taxreturn type
- Form 990
- Year formed
- 2013
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- A68: Music
- NAICS code, primary
- 813211: Grantmaking Foundations
- Parent/child status
- Subordinate organization
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