HISPANIC FOUNDATION OF SILICON VALLEY: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization: HISPANIC FOUNDATION OF SILICON VALLEY (EIN 77-0481921)
Tax period: 2023-01-01 to 2023-06-30
Filed: 2024-05-15
IRS object ID: 202411369349310801
Schema version: 2023v5.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule I
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2024-05-15T13:42:59-05:00	ReturnTs
Tax Period End	2023-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	932001788	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	BRYMAR CPA LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	17 ASPEN WAY	AddressLine1Txt
City	WATSONVILLE	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	95076	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2023-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	770481921	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	HISPANIC FOUNDATION OF SILICON VALLEY	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	HISP	BusinessNameControlTxt
Phone	4082167643	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1961 THE ALAMEDA	AddressLine1Txt
City	SAN JOSE	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	95126	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	RON GONZALES	PersonNm
Person Title	PRESIDENT & CEO	PersonTitleTxt
Phone	4082167612	PhoneNum
Signature	2024-05-14	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	RON	PersonFirstNm
Person Last	GONZALES	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	0	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	MICHAEL J BRYANT	PreparerPersonNm
PTIN	P01568974	PTIN
Phone	8312881720	PhoneNum
Preparation	2024-05-14	PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	2	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2023	TaxYr
Build TS	2023-04-26 12:10:37Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	RON GONZALES	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1961 THE ALAMEDA	AddressLine1Txt
City	SAN JOSE	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	95126	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$1,327,702	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.HFSV.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1998	FormationYr
Legal Domicile State	CA	LegalDomicileStateCd
Activity Or Mission	INVESTING IN THE HEALTH, EDUCATION & LEADERSHIP OF THE HISPANIC COMMUNITY IN SILICON VALLEY.	ActivityOrMissionDesc
Voting Members Governing Body	13	VotingMembersGoverningBodyCnt
Voting Members Independent	13	VotingMembersIndependentCnt
Total Employee	9	TotalEmployeeCnt
Total Volunteers	0	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$3,413,808	PYContributionsGrantsAmt
CY Contributions Grants	$1,191,126	CYContributionsGrantsAmt
PY Program Service Revenue	$31,867	PYProgramServiceRevenueAmt
CY Program Service Revenue	$19,646	CYProgramServiceRevenueAmt
PY Investment Income	-$17,974	PYInvestmentIncomeAmt
CY Investment Income	$66,915	CYInvestmentIncomeAmt
PY Other Revenue	-$88,862	PYOtherRevenueAmt
CY Other Revenue	-$2,665	CYOtherRevenueAmt
PY Total Revenue	$3,338,839	PYTotalRevenueAmt
CY Total Revenue	$1,275,022	CYTotalRevenueAmt
PY Grants And Similar Paid	$128,641	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$600,465	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$841,134	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$523,985	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$123,633	CYTotalFundraisingExpenseAmt
PY Other Expenses	$710,296	PYOtherExpensesAmt
CY Other Expenses	$730,161	CYOtherExpensesAmt
PY Total Expenses	$1,680,071	PYTotalExpensesAmt
CY Total Expenses	$1,854,611	CYTotalExpensesAmt
PY Revenues Less Expenses	$1,658,768	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	-$579,589	CYRevenuesLessExpensesAmt
Total Assets BOY	$5,468,176	TotalAssetsBOYAmt
Total Assets EOY	$4,856,943	TotalAssetsEOYAmt
Total Liabilities BOY	$423,151	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$391,505	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$5,045,025	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$4,465,438	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	THE HISPANIC FOUNDATION OF SILICON VALLEY IS DEDICATED TO EMPOWERING THE LIVES AND FUTURES OF LATINOS IN SILICON VALLEY THROUGH COMMUNITY PHILANTHROPY, INVESTMENT IN EDUCATIONAL EXCELLENCE, LEADERSHIP DEVELOPMENT, AND THE CONVENING AND ENGAGING OF THE REGION'S DYNAMIC HISPANIC COMMUNITY.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$496,741	ExpenseAmt
Desc	PROGRAM 1: HISPANIC FOUNDATION COLLEGE SUCCESS CENTERTHE HFCSP'S PRIMARY OBJECTIVES ARE TO CONTRIBUTE TO HIGHER HIGH SCHOOL GRADUATION RATES; IMPROVE COLLEGE READINESS, INCREASE STUDENT AND PARENT KNOWLEDGE ABOUT THE COLLEGE JOURNEY, GROWING NUMBERS OF STUDENTS ATTENDING COLLEGE; INCREASE COLLEGE GRADUATION RATES, AND INCREASE THE NUMBER OF LATINOS EMPLOYED IN THE HIGH TECH INDUSTRY.THE HISPANIC FOUNDATION COLLEGE SUCCESS CENTER (HFCSC), A HUB DESIGNED FOR LATINO YOUTHS AND PARENTS TO INCREASE EDUCATIONAL OPPORTUNITIES WAS OPENED (THE FIRST OF ITS KIND IN THE REGION). A ONE-STOP HUB THAT ENCAPSULATES OUR "CRADLE TO CAREER" COURSE OF ACTION EMPOWERING MIDDLE SCHOOL, HIGH SCHOOL, AND COLLEGE STUDENTS AND THEIR PARENTS TO EXCEL THROUGH EDUCATION EFFORTS. HFSC HELPS BOTH STUDENTS AND PARENTS OBTAIN INFORMATION ON COLLEGE ACCESS, ADVICE, GUIDANCE, WORKSHOPS, AND ONLINE RESOURCES."	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$706,814	ExpenseAmt
Grant	$600,465	GrantAmt
Desc	PROGRAM 2: LATINOS IN TECHONOLOGY SCHOLARSHIPTHE LATINOS IN TECHNOLOGY SCHOLARSHIP SUPPORTS LATINO COLLEGE STUDENTS IN 3 WAYS:FINANCIAL: WE FINANCIALLY SUPPORT THIRD AND FOURTH-YEAR LATINO STUDENTS WHO HAVE DECLARED A MAJOR IN A STEM-RELATED FIELD AT A 4-YEAR UNIVERSITY WITH SCHOLARSHIPS RENEWABLE FOR UP TO THREE YEARS.PROFESSIONAL DEVELOPMENT: ALL OF OUR LATINOS IN TECHNOLOGY SCHOLARS HAVE THE OPPORTUNITY TO PARTICIPATE IN OUR CAREER LAUNCH ACADEMY AND CONEXIONES MENTORSHIP PROGRAM TO DEVELOP THEMSELVES AS YOUNG PROFESSIONALS.INTERNSHIPS: WE ACTIVELY WORK TO PIPELINE OUR SCHOLARS INTO SUMMER INTERNSHIP PROGRAMS WITH OUR INVESTORS."	Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

Field	Value	IRS element (for citing)
Expense	$111,602	ExpenseAmt
Revenue	$19,646	RevenueAmt
Desc	PROGRAM 3: LATINO BOARD LEADERSHIP ACADEMYCURRENTLY, FEWER THAN 3% OF LATINOS SERVE ON NONPROFIT BOARDS IN SILICON VALLEY. WE SEE THAT AS AN URGENT CALL TO ACTION. OUR LATINO BOARD LEADERSHIP ACADEMY RECRUITS, TRAINS, AND GUIDES LATINOS TO SERVE ON LOCAL BOARDSAN ESSENTIAL STEP TO ENSURING THAT INVALUABLE AND UNDERREPRESENTED VOICES ARE HEARD.LBLA IS A 10-WEEK HYBRID PROGRAM WHERE PARTICIPANTS WILL LEARN THE FOUNDATIONAL SKILLS NEEDED TO SUCCEED AS A NONPROFIT BOARD MEMBER.PARTICIPANTS WILL LEARN ABOUT VARIOUS NONPROFIT ORGANIZATIONS SEEKING TO DIVERSIFY AND ENHANCE THE REPRESENTATION OF THE COMMUNITY ON THEIR BOARD.PARTICPANTS WILL JOIN A NETWORK OF OVER 600 COMMITTED FELLOWS AND WILL HAVE THE OPPORTUNITY TO PARTICIPATE IN ALUMNI EVENTS.	Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

Field	Value	IRS element (for citing)
Expense	$301,968	ExpenseAmt

Field	Value	IRS element (for citing)
Total Other Prog Srvc Expense	$301,968	TotalOtherProgSrvcExpenseAmt
Total Program Service Expenses	$1,617,125	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	0	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	Yes (1)	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	Yes (1)	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	0	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	Yes (1)	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	0	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	22	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	9	EmployeeCnt
Employment Tax Returns Filed	0	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	13	GoverningBodyVotingMembersCnt
Independent Voting Member	13	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	0	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	CA	StatesWhereCopyOfReturnIsFldCd
Own Website	Yes (X)	OwnWebsiteInd
Other Website	Yes (X)	OtherWebsiteInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	MARGARITA DEAVILA	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	4082167612	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1961 THE ALAMEDA	AddressLine1Txt
City	SAN JOSE	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	95126	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
BEATRIZ MEDINA PRATT
VICE CHAIR	0.50	Yes (X)	Yes (X)	$0	$0	$0
CARLOS BOHORQUEZ
BOARD MEMBER	0.50	Yes (X)		$0	$0	$0
FEDERICO GOMEZ SCHUMACHER
BOARD MEMBER	0.50	Yes (X)		$0	$0	$0
ISAURA GAETA
BOARD CHAIR	1.00	Yes (X)	Yes (X)	$0	$0	$0
JUAN CUEVA
BOARD MEMBER	0.50	Yes (X)		$0	$0	$0
KATIA MCCLAIN
BOARD MEMBER	0.50	Yes (X)		$0	$0	$0
KRISTINA NILSSON
BOARD MEMBER	0.50	Yes (X)		$0	$0	$0
LINDSEY NEWBERN
BOARD MEMBER	0.50	Yes (X)		$0	$0	$0
MICHAEL ALVAREZ
BOARD MEMBER	0.50	Yes (X)		$0	$0	$0
MICHAEL WALLACE
BOARD MEMBER	0.50	Yes (X)		$0	$0	$0
STEPHEN ADAMS
BOARD MEMBER	0.50	Yes (X)		$0	$0	$0
STEVEN MARTINEZ
BOARD TREASURER	0.50	Yes (X)	Yes (X)	$0	$0	$0
STUARDO ROBLES
2ND VICE CHAIR	0.50	Yes (X)	Yes (X)	$0	$0	$0
CLARA ROA
CHIEF OPERATIONS AND DEVEL	40.00		Yes (X)	$74,764	$0	$2,256
RON GONZALES
PRESIDENT & CEO	40.00		Yes (X)	$127,036	$0	$5,651

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$201,800	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$7,907	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	1	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	0	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K	0	CntrctRcvdGreaterThan100KCnt
Government Grants	$321,009	GovernmentGrantsAmt
All Other Contributions	$870,117	AllOtherContributionsAmt
Noncash Contributions	$6,500	NoncashContributionsAmt
Total Contributions	$1,191,126	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

Field	Value	IRS element (for citing)
Desc	LBLA TUITION AND FEES	Desc
Business	611710	BusinessCd
Total Revenue Column	$19,646	TotalRevenueColumnAmt
Related Or Exempt Func Income	$19,646	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$19,646	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$31,618	TotalRevenueColumnAmt
Related Or Exempt Func Income	$31,618	RelatedOrExemptFuncIncomeAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$73,384	SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$38,087	SecuritiesAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$35,297	SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$35,297	TotalRevenueColumnAmt
Related Or Exempt Func Income	$35,297	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Fundraising Gross Income	$11,928	FundraisingGrossIncomeAmt
Fundraising Direct Expenses	$14,593	FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$2,665	TotalRevenueColumnAmt
Exclusion	-$2,665	ExclusionAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,275,022	TotalRevenueColumnAmt
Related Or Exempt Func Income	$86,561	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	-$2,665	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$600,000	TotalAmt
Program Services	$600,000	ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$465	TotalAmt
Program Services	$465	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$132,687	TotalAmt
Program Services	$92,516	ProgramServicesAmt
Management And General	$13,237	ManagementAndGeneralAmt
Fundraising	$26,934	FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$299,714	TotalAmt
Program Services	$208,977	ProgramServicesAmt
Management And General	$29,900	ManagementAndGeneralAmt
Fundraising	$60,837	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$58,206	TotalAmt
Program Services	$39,216	ProgramServicesAmt
Management And General	$4,668	ManagementAndGeneralAmt
Fundraising	$14,322	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$33,378	TotalAmt
Program Services	$23,529	ProgramServicesAmt
Management And General	$2,997	ManagementAndGeneralAmt
Fundraising	$6,852	FundraisingAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$5,479	TotalAmt
Program Services	$1,550	ProgramServicesAmt
Management And General	$3,929	ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$8,119	TotalAmt
Program Services	$4,887	ProgramServicesAmt
Management And General	$3,141	ManagementAndGeneralAmt
Fundraising	$91	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$8,343	TotalAmt
Program Services	$7,701	ProgramServicesAmt
Management And General	$172	ManagementAndGeneralAmt
Fundraising	$470	FundraisingAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$43,818	TotalAmt
Program Services	$33,242	ProgramServicesAmt
Management And General	$2,836	ManagementAndGeneralAmt
Fundraising	$7,740	FundraisingAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$7,430	TotalAmt
Program Services	$4,411	ProgramServicesAmt
Management And General	$2,333	ManagementAndGeneralAmt
Fundraising	$686	FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$4,002	TotalAmt
Program Services	$3,070	ProgramServicesAmt
Management And General	$236	ManagementAndGeneralAmt
Fundraising	$696	FundraisingAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$3,978	TotalAmt
Program Services	$3,018	ProgramServicesAmt
Management And General	$257	ManagementAndGeneralAmt
Fundraising	$703	FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt
PROGRAM SERVICE FEES	$457,600	$457,600
PROFESSIONAL SERVICE FE	$146,606	$113,181	$31,775	$1,650
PAYROLL PROCESSING FEES	$9,681		$9,681
FOOD	$8,057	$4,785	$2,957	$315

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$27,048	TotalAmt
Program Services	$18,977	ProgramServicesAmt
Management And General	$5,734	ManagementAndGeneralAmt
Fundraising	$2,337	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$1,854,611	TotalAmt
Program Services	$1,617,125	ProgramServicesAmt
Management And General	$113,853	ManagementAndGeneralAmt
Fundraising	$123,633	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$29,249	BOYAmt
EOY	$9,740	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$4,176,503	BOYAmt
EOY	$3,397,180	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$17,500	BOYAmt
EOY	$104,167	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$68,750	BOYAmt
EOY	$136,250	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$12,154	BOYAmt
EOY	$39,500	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$32,897	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$16,787	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$19,415	BOYAmt
EOY	$16,110	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$777,788	BOYAmt
EOY	$823,623	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$366,817	BOYAmt
EOY	$330,373	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$5,468,176	BOYAmt
EOY	$4,856,943	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$52,185	BOYAmt
EOY	$62,750	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$370,966	BOYAmt
EOY	$328,755	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$423,151	BOYAmt
EOY	$391,505	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$1,948,639	BOYAmt
EOY	$2,025,133	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$3,096,386	BOYAmt
EOY	$2,440,305	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$5,045,025	BOYAmt
EOY	$4,465,438	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$5,468,176	BOYAmt
EOY	$4,856,943	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	-$579,589	ReconcilationRevenueExpnssAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	Yes (1)	AccountantCompileOrReviewInd

Acct Compile Or Review Basis AcctCompileOrReviewBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
FS Audited	0	FSAuditedInd
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Public Organization170	Yes (X)	PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$2,153,248	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$2,463,217	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$2,438,717	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$3,413,808	CurrentTaxYearMinus1YearAmt
Current Tax Year	$1,191,126	CurrentTaxYearAmt
Total	$11,660,116	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$2,153,248	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$2,463,217	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$2,438,717	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$3,413,808	CurrentTaxYearMinus1YearAmt
Current Tax Year	$1,191,126	CurrentTaxYearAmt
Total	$11,660,116	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$2,725,681	SubstantialContributorsTotAmt
Public Support Total170	$8,934,435	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$752	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$5,206	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$518	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$16,839	CurrentTaxYearMinus1YearAmt
Current Tax Year	$31,618	CurrentTaxYearAmt
Total	$54,933	TotalAmt

Other Income170 OtherIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$249,409	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$368,970	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$445,196	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$115,284	CurrentTaxYearMinus1YearAmt
Current Tax Year	$11,928	CurrentTaxYearAmt
Total	$1,190,787	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$12,905,836	TotalSupportAmt
Gross Receipts Rltd Activities	$347,910	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.69230	PublicSupportCY170Pct
Public Support PY170	0.76700	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

Field	Value	IRS element (for citing)
Form And Line Reference	FORM 990, SCHEDULE A, 2023 COLUMN	FormAndLineReferenceDesc
Explanation	THE 2023 COLUMN IS A SHORT YEAR. THE AMOUNTS REFELCTED ARE FOR THE 6 MONTHS ENDED JUNE 30, 2023.	ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$11,535	OtherCostOrOtherBasisAmt
Depreciation	$7,690	DepreciationAmt
Book Value	$3,845	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$21,362	OtherCostOrOtherBasisAmt
Depreciation	$9,097	DepreciationAmt
Book Value	$12,265	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$16,110	TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp

Field	Value	IRS element (for citing)
Desc	INVESTMENTS	Desc
Book Value	$823,623	BookValueAmt
Method Valuation	C	MethodValuationCd

Field	Value	IRS element (for citing)
Total Book Value Securities	$823,623	TotalBookValueSecuritiesAmt

Other Assets Org OtherAssetsOrgGrp (3 entries)

DescDesc	Book ValueBookValueAmt
DEPOSITS	$7,207
RIGHT-OF-USE	$316,666
INVENTORY- IN KIND	$6,500

Field	Value	IRS element (for citing)
Total Book Value Other Assets	$330,373	TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDesc	AmtAmt
CURRENT PORTION LEASE LIABILITIES	$86,641
LT PORTION OF LEASE LIABILITIES	$242,114

Field	Value	IRS element (for citing)
Total Liability	$328,755	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART X, LINE 2:	FormAndLineReferenceDesc
Explanation	IN ACCORDANCE WITH GAAP, AN ORGANIZATION MUST RECOGNIZE THE TAX BENEFIT ASSOCIATED WITH ANY TAX POSITIONS TAKEN FOR TAX RETURN PURPOSES WHEN IT IS MORE LIKELY THAN NOT THE POSITION WILL BE SUSTAINED. THE ORGANIZATION DOES NOT BELIEVE THERE ARE ANY MATERIAL UNCERTAIN TAX POSITIONS AND ACCORDINGLY, WILL NOT RECOGNIZE ANY LIABILITY OR BENEFIT FOR UNRECOGNIZED TAX POSITIONS. FOR THE SIX-MONTH PERIOD ENDED JUNE 30, 2023, THERE WAS NO TAX RELATED INTEREST OR PENALTIES RECORDED OR INCLUDED IN THE FINANCIAL STATEMENTS.	ExplanationTxt

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (1)	GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	SVCF INSPIRE LLC	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	2440 WEST EL CAMINO REAL SUITE 300	AddressLine1Txt
City	MOUNTAIN VIEW	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	94040	ZIPCd

Field	Value	IRS element (for citing)
Recipient EIN	205205488	RecipientEIN
IRC Section	501C3	IRCSectionDesc
Cash Grant	$600,000	CashGrantAmt
Non Cash Assistance	$0	NonCashAssistanceAmt
Purpose Of Grant	EDUCATIONAL	PurposeOfGrantTxt

Field	Value	IRS element (for citing)
Total501c3 Org	1	Total501c3OrgCnt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	FORM 990, SCHEDULE I, PART I, LINE 2	FormAndLineReferenceDesc
Explanation	ALL PAYMENTS ARE PROVIDED TO THE SILICON VALLEY COMMUNITY FOUNDATION 5013 TO PROVIDE SCHOLARSHIPS. THE ELIGIBILITY REQUIREMENTS FOR A SCHOLARSHIP ARE AS FOLLOWS: MUST BE OF LATINO OR HISPANIC ORIGIN, HAVE A DECLARED MAJOR AND BEEN ACCEPTED INTO A STEM PROGRAM, COLLEGE STUDENTS ENTERING THEIR JUNIOR OR SENIOR YEAR AT A 4-YEAR COLLEGE, AND A 3.0 GPA. ADDITIONAL REQUIREMENTS CAN BE FOUND ON THE HISPANIC FOUNDATION WEBSITE.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11B	ORGANIZATION'S PROCESS TO REVIEW FORM 990 THE FORM 990 IS BROUGHT TO THE BOARD OF DIRECTORS FOR APPROVAL. ONCE APPROVED, THE FORMS ARE FILED.
FORM 990, PART VI, SECTION B, LINE 12C	ORGANIZATION'S CONFLICT OF INTEREST POLICY STATES, "IT IS THE RESPONSIBILITY OF THE BOARD AND EMPLOYEES TO VOLUNTEER INFORMATION REGARDING POTENTIAL CONFLICTS OF INTEREST BEFORE PARTICIPATING IN ANY DISCUSSION OR NEGOTIATIONS RELATING TO THE ORGANIZATION." ANNUALLY BOARD MEMBERS AND EMPLOYEES ARE REQUIRED TO SIGN OFF ON A COPY OF THE CONFLICT OF INTEREST POLICY AND ADVISE THE ORGANIZATION OF ANY EXISTING OR POTENTIAL CONFLICTS OF INTEREST. THE CHAIR OF THE BOARD AND THE CEO ARE JOINTLY RESPONSIBLE FOR MONITORING THIS PROCESS.
FORM 990, PART VI, SECTION B, LINE 15A	PROCESS FOR TOP OFFICIAL THE CEO'S COMPENSATION IS SET ANNUALLY BY THE BOARD OF DIRECTORS. THE PROCESS BEGINS WITH A PERFORMANCE EVALUATION OF THE CEO'S PAST ACCOMPLISHMENTS. COMPENSATION IS BASED ON THE MARKET VALUE DETERMINED BY THE BOARD OF DIRECTORS.
FORM 990, PART VI, SECTION C, LINE 19	GOVERNING DOCUMENTS DISCLOSURE EXPLANATION ALL GOVERNING DOCUMENTS ARE CENTRALLY MAINTAINED IN THE FOUNDATION'S OFFICE. COPIES ARE MADE AVAILABLE UPON REQUEST IN EITHER "HARD OR SOFT" VERSION DEPENDING ON THE PREFERENCE OF THE REQUESTING PARTY.