More than 75 years ago a remarkable group of university men who shared the ideals of enlightenment and Latino brotherhood established a national organization called Phi Iota Alpha Fraternity. At that time, the fraternity worked to educate and advance their fellow Latinos and countrymen across the country. In recent years the organization felt the need to create a new organization to live the mission that the fraternity espoused and to benefit a much larger scope of the Latino population; Therefore the creation of The Union Foundation.

The foundation is an initiative designed to impact the lives of Latino communities throughout the world in the areas of education, economic development, and social progress. The Union Foundation is a private, charitable non-profit organization. The Foundation was created in order to:

• Provide scholarships and grants to Latino youths to enhance their educational and career opportunities.
• Support community programs and other 501(c)(3) tax exempt organizations that support civic empowerment and educational improvement within the Latino community.
• To increase awareness of Latino issues to the greater philanthropic community covering issues such as, but not limited to, educational achievement, civil rights, state of the workforce, and overall community health.
• To engage in other activities related to supporting and educating the public concerning Latino issues.