Founded in 2010 LEF is a 501c3 organization that provides scholarships, financial literacy, educational outreach, and career development programs to assist young Latinos achieve academic success.

Los Angeles,California (PRWEB) June 22, 2016

The Latino Educational Fund (“LEF”) http://www.thelatinofund.org, is proud to announce that Heberto M. Sanchez, Founder and President, has been nominated for the Los Angeles Business Journal’s 2016 Non-Profit Leadership Excellence Award. This special award program recognizes the dedication of hard-working nonprofit organizations throughout Los Angeles.

The 6th annual Nonprofit & Corporate Citizenship Awards Ceremony will take place at the Millennium Biltmore Hotel in Los Angeles on June 22, 2106 at 11:00 a.m. The ceremony will honor both nonprofits and those who support them in the community.

Founded in 2010 LEF is a 501c3 organization that provides scholarships, financial literacy, educational outreach, and career development programs to assist young Latinos achieve academic success.

“We’re very excited about Heberto’s nomination,” said Servando Omelas, Chairman of LEF’s board and a principal of Pacific Capital Commercial Lending. “Since 2009, Mr. Sanchez has been a role model and a voice for improving public services, health issues, and government’s civic responsibility to women and minorities.”

“Since founding LEF,” said Sanchez, “my goal is to increase the number of Latinos entering and completing college degrees. Latinos are the fastest growing minority group but, unfortunately, Latinos have the lowest high school and college completion rates of any ethnic group”.

One of the most creative programs Sanchez has developed is the Student Loan Board program to help high school juniors and seniors learn about the principals of lending. The LEF program provides a grant to the Student Loan Board (“SLB”) which the students administer like the Associated Student Body.

Students are empowered to lend the money, with interest, to student school activities. Upon repayment of the loan plus interest, the total amount is the SLB’s to keep and may be reinvested the following semester. This hands-on financial literacy will teach college bound high school students how lending works.

“Heberto has provided the vision and leadership to move LEF forward,” said Omelas. “His desire to help his community steams from his parents' belief that education is fundamental to success.”

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For more information about LEF and Heberto M. Sanchez, please visit http://www.thelatinofund.org.

For the original version on PRWeb visit: http://www.prweb.com/releases/2016/06/prweb13498047.htm