WASHINGTON, Oct. 20, 2011 /PRNewswire-HISPANIC PR WIRE/ — The Congressional Hispanic Caucus Institute (CHCI), the nation’s premier Latino youth leadership development and educational services organization, today announced the creation of the Cisneros Family Endowment. This endowment is made possible by a generous pledge of $700,000 from The Gilbert and Jacki Cisneros Foundation. The endowment will provide support for two Latino students from California to participate in CHCI’s Congressional Internship Program every year. The Cisneros’ gift is the largest contribution from an individual donor in CHCI’s history.
“CHCI is honored to receive this generous gift from the Cisneros Foundation to benefit the future leaders of our country,” said Rep. Charles A. Gonzalez, CHCI Chair. “Their willingness to give back demonstrates the commitment we need from the Latino community to ensure we have the resources available to meet the demand for educational and career-building opportunities for the fastest-growing segment of our population.”
The Cisneros’ founded The Gilbert and Jacki Cisneros Foundation in 2010, after winning $266 million in California’s Mega Millions jackpot. To date, the foundation has created two $1 million endowments at Jacki’s alma mater USC, for Latino journalism students, and Gilbert’s alma mater, The George Washington University, for Latino political science students. They have partnered with the Hispanic Scholarship Fund to create the Frank Terrazas Scholarship program at El Rancho High School in their former hometown of Pico Rivera, CA. Named in honor of Jacki’s grandfather and former mayor of Pico Rivera, this program will provide 50 college scholarships to current and former El Rancho High School students. They have also provided over $275,000 in funding to other organizations supporting Hispanic education.
“Rather than just provide tuition assistance, it was important for us to provide our scholarship recipients with an opportunity where they could gain experience by working in a congressional office and also be part of a program that will build a foundation for their future careers,” said Gilbert and Jacki Cisneros. “CHCI has had tremendous success in building leaders and we look forward to working with them and becoming part of their family.”
CHCI’s Congressional Internship Program began in 1986 and has served more than 775 Latino undergraduate students in the past 25 years. The Cisneros Family Endowment Fund is designed to cover the costs of two Congressional Interns during CHCI’s summer session in perpetuity.
Congressional Hispanic Caucus Institute (CHCI), a nonprofit and nonpartisan 501(c) (3) organization, provides leadership development programs and educational services to students and young emerging leaders. The CHCI Board of Directors is comprised of Hispanic Members of Congress, nonprofit, union and corporate leaders. For more information call CHCI at (202) 543-1771, visit http://www.chci.org, or join us on Facebook, Twitter (chci) and LinkedIn.
About Gilbert and Jacki Cisneros Foundation
The Gilbert and Jacki Cisneros Foundation is a privately funded 501(c) (3) foundation. Its mission is to support nonprofit organizations that support Hispanic students at all education levels.
SOURCE Congressional Hispanic Caucus Institute