HISPANIC FOUNDATION OF SILICON VALLEY: Form 990, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- HISPANIC FOUNDATION OF SILICON VALLEY (EIN 77-0481921)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-09-17
- IRS object ID
- 202032619349300908
- Schema version
- 2019v5.1
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-09-17T18:56:14-05:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 946214841 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ARMANINO LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 50 W SAN FERNANDO ST STE 500 | AddressLine1Txt |
| City | SAN JOSE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95113 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2019-01-01 | 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 | 4082167612 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1922 THE ALAMEDA NO 217 | 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 | 2020-09-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MATTHEW PETROSKI | PreparerPersonNm |
| PTIN | P00853132 | PTIN |
| Phone | 4082006400 | PhoneNum |
| Preparation | 2020-09-15 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 208.127.87.36 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2020-09-15 | IPDt |
| IP Tm | 11:19:06 | IPTm |
| IP Timezone | PD | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | A2EF7C6B3EF9173E0A95C57244F2B1B86FE486B2 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | 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 | 1922 THE ALAMEDA NO 217 | AddressLine1Txt |
| City | SAN JOSE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95126 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $2,425,913 | 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 | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 8 | TotalEmployeeCnt |
| Total Volunteers | 30 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $2,421,401 | PYContributionsGrantsAmt |
| CY Contributions Grants | $2,153,248 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $23,386 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $14,390 | CYProgramServiceRevenueAmt |
| PY Investment Income | $12,031 | PYInvestmentIncomeAmt |
| CY Investment Income | $8,866 | CYInvestmentIncomeAmt |
| PY Other Revenue | $9,548 | PYOtherRevenueAmt |
| CY Other Revenue | $19,987 | CYOtherRevenueAmt |
| PY Total Revenue | $2,466,366 | PYTotalRevenueAmt |
| CY Total Revenue | $2,196,491 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $937,371 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $459,000 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $605,715 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $709,191 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $322,678 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $496,813 | PYOtherExpensesAmt |
| CY Other Expenses | $440,807 | CYOtherExpensesAmt |
| PY Total Expenses | $2,039,899 | PYTotalExpensesAmt |
| CY Total Expenses | $1,608,998 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $426,467 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $587,493 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $3,237,221 | TotalAssetsBOYAmt |
| Total Assets EOY | $3,883,694 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $47,220 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $95,546 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $3,190,001 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $3,788,148 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE HISPANIC FOUNDATION OF SILICON VALLEY IS A PUBLIC FOUNDATION DEDICATED TO INSPIRING COMMUNITY PHILANTHROPY AND ENGAGING PEOPLE TO INVEST IN THE EDUCATIONAL ACHIEVEMENT, LEADERSHIP DEVELOPMENT, RESEARCH, AND CONVENING AND ENGAGING THE HISPANIC COMMUNITY TO IMPROVE THE QUALITY OF LIFE FOR LATINOS AND THE SILICON VALLEY REGION. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $866,181 | ExpenseAmt |
| Grant | $459,000 | GrantAmt |
| Desc | LATINOS IN TECHNOLOGY INITIATIVE (LITI):LATINOS IN TECHNOLOGY INITIATIVE (LITI) IS COMPRISED OF TWO COMPONENTS:LATINOS IN TECHNOLOGY SCHOLARSHIP - TARGETED TO GET MORE LATINOS EMPLOYED IN THE LOCAL HIGH TECH WORKFORCE- OFFERED TO INCOMING LATINO COLLEGE JUNIORS WHO HAVE CHOSEN A STEM (SCIENCE, TECHNOLOGY, ENGINEERING, MATH) RELATED MAJOR- SCHOLARSHIPS OF $6,000 / YEAR FOR TWO TO THREE YEARS UNTIL THE SCHOLARSHIP AWARDEE GRADUATES- SPONSORING CORPORATE INVESTORS TO PROVIDE SUMMER INTERNSHIPS- 116 SCHOLARSHIPS AWARDED FAMILY COLLEGE SUCCESS CENTER- PREPARES PARENTS AND STUDENTS TO GO TO AND THROUGH COLLEGE- CENTRALIZED ACCESS TO INFORMATION, CLASSES, WORKSHOPS, AND ONLINE SERVICES- MORE THAN A DOZEN PROGRAM PARTNERS PROVIDING PROGRAMS- SERVED 1,000+ STUDENTS AND PARENTS- WITH MORE THAN 7,000+ VISITS TO THE FCSC | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $100,284 | ExpenseAmt |
| Revenue | $3,212 | RevenueAmt |
| Desc | LEADERSHIP LATINO BOARD LEADERSHIP ACADEMY- DESIGNED TO RECRUIT AND TRAIN LATINO PROFESSIONALS TO SERVE AS BOARD MEMBERS IN LOCAL NON-PROFITS- 470 LBLA FELLOWS HAVE COMPLETED THE PROGRAM WITH OVER 75% SERVING ON NONPROFIT BOARDS | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $99,671 | ExpenseAmt |
| Desc | EDUCATIONSTEM PROGRAMS- RAISING STUDENTS' SKILLS AND KNOWLEDGE TO ACHIEVE SUCCESS IN ALGEBRA- PREPARING STUDENTS FOR RIGOROUS HIGH SCHOOL MATH COURSES NECESSARY FOR COLLEGE ADMISSION- 4-WEEK SUMMER PROGRAM AND SATURDAY PROGRAM THROUGH THE SCHOOL YEAR- REACHED 2,500 STUDENTS LAST SCHOOL YEARPARENT EDUCATION ACADEMY- TRAINING PARENTS ON THE ACADEMIC STRUCTURE SO THEY MAY BE ABLE TO GUIDE AND MENTOR THEIR CHILDREN TO ACHIEVE GREATER ACADEMIC SUCCESS- 1,500 PARENTS TRAINED, IMPACTING NEARLY 4,000 STUDENTS | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $69,847 | ExpenseAmt |
| Revenue | $11,178 | RevenueAmt |
| Desc | CONVENING & ENGAGINGLATINX SPEAKER SERIESA VIBRANT, ENERGETIC, AND DIVERSE LATINX COMMUNITY OF OVER 350 ATTENDED THE FIRST-EVER LATINX SPEAKER SERIES EVENT ON FRIDAY, AUGUST 2, 2019. THE HISPANIC FOUNDATION OF SILICON VALLEY HELD A FIRESIDE CHAT WITH FRANCISCO RAMOS, VICE PRESIDENT OF THE SPANISH LANGUAGE ORIGINALS OF NETFLIX AND DISCUSSED TOPICS CENTERED AROUND DIVERSITY AND INCLUSION, THE IMPORTANCE OF STORYTELLING, AND THE ECONOMIC PURCHASING POWER OF THE LATINX MARKET. THE LATINX SPEAKER SERIES AIMS TO: 1) GATHER THE VARIOUS SECTORS OF OUR SILICON VALLEY LATINX COMMUNITY SUCH AS: HIGH-TECH, EDUCATION, GOVERNMENT, AND MUCH MORE.2) PULL THE CURTAINS BACK AND EXPLORE HOW DIFFERENT PARTS OF OUR COMMUNITY ARE MANAGED THROUGH THE WORDS OF EXCITING EXPERT SPEAKERS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $69,847 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Revenue | $11,178 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $1,135,983 | 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 | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | 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 | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | 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 | 18 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 8 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | 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 | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| 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 | 9 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 9 | 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 | 1922 THE ALAMEDA NO 217 | AddressLine1Txt |
| City | SAN JOSE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95126 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| RAQUEL GONZALEZ | |||||||
| BOARD CHAIR (START 7/19) | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| JORGE LUIS TITINGER | |||||||
| BOARD CHAIR (THRU 7/19) | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| ANNA DAPELO-GARCIA | |||||||
| BOARD VICE CHAIR | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| SERGIO RETAMAL | |||||||
| BOARD 2ND VICE CHAIR | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| STEVEN MARTINEZ | |||||||
| BOARD TREASURER | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| BEATRIZ MEDINA PRATT | |||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| STUARDO ROBLES | |||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ISAURA GAETA | |||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ORIANA BRANON | |||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| RAY MONTALVO | |||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JUAN GARCIA | |||||||
| BOARD MEMBER (THRU 5/19) | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| KARINA CABRERA BELL | |||||||
| BOARD MEMBER (THRU 9/19) | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| RON GONZALES | |||||||
| PRESIDENT AND CEO | 40.00 | Yes (X) | $204,425 | $0 | $25 | ||
| CLARA ROA DE CHEN | |||||||
| CHIEF DEVELOPMENT OFFICER | 40.00 | $102,288 | $0 | $126 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $306,713 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $151 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 2 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FAIRMONT SAN JOSE | BusinessNameLine1Txt |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 170 S MARKET STREET | AddressLine1Txt |
| City | SAN JOSE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95113 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | GALA EVENT | ServicesDesc |
| Compensation | $117,777 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $247,199 | FundraisingAmt |
| Government Grants | $159,850 | GovernmentGrantsAmt |
| All Other Contributions | $1,746,199 | AllOtherContributionsAmt |
| Total Contributions | $2,153,248 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| LBLA TUITION & FEES | 611710 | $11,178 | $11,178 |
| NONPROFIT REGISTRATION | 611710 | $3,212 | $3,212 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $14,390 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $752 | TotalRevenueColumnAmt |
| Exclusion | $752 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $8,114 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $0 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $8,114 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $8,114 | TotalRevenueColumnAmt |
| Exclusion | $8,114 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $238,714 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $247,199 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $229,422 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $9,292 | TotalRevenueColumnAmt |
| Exclusion | $9,292 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gaming Gross Income | $10,695 | GamingGrossIncomeAmt |
| Gaming Direct Expenses | $0 | GamingDirectExpensesAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $10,695 | TotalRevenueColumnAmt |
| Exclusion | $10,695 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,196,491 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $14,390 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $28,853 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,000 | TotalAmt |
| Program Services | $3,000 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $456,000 | TotalAmt |
| Program Services | $456,000 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $204,449 | TotalAmt |
| Program Services | $123,346 | ProgramServicesAmt |
| Management And General | $22,538 | ManagementAndGeneralAmt |
| Fundraising | $58,565 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $417,035 | TotalAmt |
| Program Services | $193,758 | ProgramServicesAmt |
| Management And General | $37,425 | ManagementAndGeneralAmt |
| Fundraising | $185,852 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $43,159 | TotalAmt |
| Program Services | $23,664 | ProgramServicesAmt |
| Management And General | $2,425 | ManagementAndGeneralAmt |
| Fundraising | $17,070 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $44,548 | TotalAmt |
| Program Services | $22,775 | ProgramServicesAmt |
| Management And General | $3,574 | ManagementAndGeneralAmt |
| Fundraising | $18,199 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,896 | TotalAmt |
| Management And General | $30,896 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,636 | TotalAmt |
| Management And General | $2,636 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $257,716 | TotalAmt |
| Program Services | $247,798 | ProgramServicesAmt |
| Management And General | $6,235 | ManagementAndGeneralAmt |
| Fundraising | $3,683 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,216 | TotalAmt |
| Management And General | $1,216 | ManagementAndGeneralAmt |
| Fundraising | $15,000 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,130 | TotalAmt |
| Program Services | $7,559 | ProgramServicesAmt |
| Management And General | $17,970 | ManagementAndGeneralAmt |
| Fundraising | $4,601 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,833 | TotalAmt |
| Program Services | $5,088 | ProgramServicesAmt |
| Management And General | $365 | ManagementAndGeneralAmt |
| Fundraising | $380 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $53,821 | TotalAmt |
| Program Services | $33,893 | ProgramServicesAmt |
| Management And General | $5,114 | ManagementAndGeneralAmt |
| Fundraising | $14,814 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,844 | TotalAmt |
| Program Services | $3,049 | ProgramServicesAmt |
| Management And General | $2,795 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,965 | TotalAmt |
| Program Services | $68 | ProgramServicesAmt |
| Management And General | $4,897 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,996 | TotalAmt |
| Program Services | $1,668 | ProgramServicesAmt |
| Management And General | $166 | ManagementAndGeneralAmt |
| Fundraising | $1,162 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $849 | TotalAmt |
| Program Services | $422 | ProgramServicesAmt |
| Management And General | $53 | ManagementAndGeneralAmt |
| Fundraising | $374 | FundraisingAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| FOOD | $20,207 | $11,049 | $9,158 | |
| MISC EXPENSES | $8,023 | $2,826 | $2,219 | $2,978 |
| LICENSES & TAXES | $675 | $20 | $655 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,608,998 | TotalAmt |
| Program Services | $1,135,983 | ProgramServicesAmt |
| Management And General | $150,337 | ManagementAndGeneralAmt |
| Fundraising | $322,678 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,705,050 | BOYAmt |
| EOY | $3,491,028 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $325,000 | BOYAmt |
| EOY | $100,000 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $100,000 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $45,419 | BOYAmt |
| EOY | $17,352 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $38,260 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $32,267 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,989 | BOYAmt |
| EOY | $5,993 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $152,763 | BOYAmt |
| EOY | $169,321 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,237,221 | BOYAmt |
| EOY | $3,883,694 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $43,920 | BOYAmt |
| EOY | $95,546 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,300 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $47,220 | BOYAmt |
| EOY | $95,546 | 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 | $871,285 | BOYAmt |
| EOY | $367,127 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,318,716 | BOYAmt |
| EOY | $3,421,021 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,190,001 | BOYAmt |
| EOY | $3,788,148 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,237,221 | BOYAmt |
| EOY | $3,883,694 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $587,493 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $10,654 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | $1,284,015 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,493,787 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,147,706 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,430,949 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,153,248 | CurrentTaxYearAmt |
| Total | $10,509,705 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,284,015 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,493,787 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,147,706 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,430,949 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,153,248 | CurrentTaxYearAmt |
| Total | $10,509,705 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $3,162,680 | SubstantialContributorsTotAmt |
| Public Support Total170 | $7,347,025 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,164 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $637 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,341 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,194 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $752 | CurrentTaxYearAmt |
| Total | $5,088 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $88,015 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $74,207 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $169,903 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $182,662 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $249,409 | CurrentTaxYearAmt |
| Total | $764,196 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $11,278,989 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $249,868 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.65140 | PublicSupportCY170Pct |
| Public Support PY170 | 0.66320 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
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 | $13,277 | OtherCostOrOtherBasisAmt |
| Depreciation | $13,277 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $24,983 | OtherCostOrOtherBasisAmt |
| Depreciation | $18,990 | DepreciationAmt |
| Book Value | $5,993 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $5,993 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $2,213,254 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $10,654 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $6,000 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | $109 | OtherRevenueAmt |
| Revenue Not Reported | $16,763 | RevenueNotReportedAmt |
| Revenue Subtotal | $2,196,491 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $2,196,491 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $1,615,107 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $6,000 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $109 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $6,109 | ExpensesNotReportedAmt |
| Expenses Subtotal | $1,608,998 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $1,608,998 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | THE ORGANIZATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTIONS 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND 23701D OF THE CALIFORNIA REVENUE AND TAXATION CODE, RESPECTIVELY. FURTHERMORE, THE ORGANIZATION IS NOT CLASSIFIED AS A PRIVATE FOUNDATION. THE ORGANIZATION HAS NO UNRELATED BUSINESS INCOME FOR THE YEARS ENDED DECEMBER 31, 2019 AND 2018. ACCORDINGLY, NO PROVISION IS MADE FOR INCOME TAXES IN THESE FINANCIAL STATEMENTS. IN ACCORDANCE WITH GAAP, AN ORGANIZATION MUST RECOGNIZE THE TAX BENEFIT OR LIABILITY 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 YEARS ENDED DECEMBER 31, 2019 AND 2018, THERE WAS NO TAX RELATED INTEREST OR PENALTIES RECORDED OR INCLUDED IN THE FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO POTENTIAL EXAMINATION BY TAXING AUTHORITIES FOR INCOME TAX RETURNS FILED IN THE U.S. FEDERAL JURISDICTION AND THE STATE OF CALIFORNIA. THE TAX YEARS THAT REMAIN SUBJECT TO POTENTIAL EXAMINATION FOR THE U.S. FEDERAL JURISDICTION ARE DECEMBER 31, 2016 AND FORWARD. THE STATE OF CALIFORNIA TAX JURISDICTION IS SUBJECT TO POTENTIAL EXAMINATION FOR FISCAL TAX YEARS DECEMBER 31, 2015 AND FORWARD. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | SPECIAL FUNDRAISING EVENTS EXPENSE 109. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | SPECIAL FUNDRAISING EVENTS EXPENSE 109. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | HISPANIC FOUNDATION BALL | Event1Nm |
| Gross Receipts Event1 | $418,392 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $198,924 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $219,468 | GrossRevenueEvent1Amt |
| Non Cash Prizes Event1 | $109 | NonCashPrizesEvent1Amt |
| Rent Facility Costs Event1 | $33,855 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $137,525 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $48,088 | OtherDirectExpensesEvent1Amt |
| Event2 | SHARKS | Event2Nm |
| Gross Receipts Event2 | $45,551 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $35,706 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $9,845 | GrossRevenueEvent2Amt |
| Other Direct Expenses Event2 | $9,845 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 2 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $21,970 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $12,569 | CharitableContriOtherEventsAmt |
| Gross Revenue Other Events | $9,401 | GrossRevenueOtherEventsAmt |
| Gross Receipts Total | $485,913 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $247,199 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $238,714 | GrossRevenueTotalEventsAmt |
| Non Cash Prizes Total Events | $109 | NonCashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $33,855 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $137,525 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $57,933 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $229,422 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $9,292 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIPS | GrantTypeTxt |
| Recipient | 116 | RecipientCnt |
| Cash Grant | $456,000 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | ALL PAYMENTS ARE PROVIDED TO THE SILICON VALLEY COMMUNITY FOUNDATION 501(C)3 TO PROVIDE SCHOLARSHIPS. THE ELIGIBILITY 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 3.0 GPA. ADDITIONAL REQUIREMENTS CAN BE FOUND ON THE HISPANIC FOUNDATION WEBSITE. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RON GONZALES | PersonNm |
| Title | PRESIDENT AND CEO | TitleTxt |
| Base Compensation Filing Org | $190,811 | BaseCompensationFilingOrgAmt |
| Compensation Based On Rltd Orgs | $0 | CompensationBasedOnRltdOrgsAmt |
| Bonus Filing Organization | $13,614 | BonusFilingOrganizationAmount |
| Bonus Related Organizations | $0 | BonusRelatedOrganizationsAmt |
| Other Compensation Filing Org | $0 | OtherCompensationFilingOrgAmt |
| Other Compensation Rltd Orgs | $0 | OtherCompensationRltdOrgsAmt |
| Deferred Compensation Flng Org | $0 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $0 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $25 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $0 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $204,450 | TotalCompensationFilingOrgAmt |
| Total Compensation Rltd Orgs | $0 | TotalCompensationRltdOrgsAmt |
| Comp Report Prior990 Filing Org | $0 | CompReportPrior990FilingOrgAmt |
| Comp Report Prior990 Rltd Orgs | $0 | CompReportPrior990RltdOrgsAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 7 | FormAndLineReferenceDesc |
| Explanation | PRESIDENT AND CEO RON GONZALES RECEIVED A NON-FIXED BONUS PAYMENT OF $13,614 IN 2019 CALENDAR YEAR. THE BONUS WAS DETERMINED PER THE ANNUAL PERFORMANCE AND APPROVED BY THE BOARD OF DIRECTORS. THE AMOUNT WAS REPORTED ON 2019 FORM W-2 AND INCLUDED ON SCH J, PART II, COLUMN B(II). | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | 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 | THE 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 | 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 | 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. |
| FORM 990, PART IX, LINE 11G | PROGRAM SERVICE FEES: PROGRAM SERVICE EXPENSES 242,185. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 242,185. PROFESSIONAL SERVICE FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 5,199. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,199. PAYROLL PROCESSING FEES: PROGRAM SERVICE EXPENSES 5,613. MANAGEMENT AND GENERAL EXPENSES 1,036. FUNDRAISING EXPENSES 3,683. TOTAL EXPENSES 10,332. |
| FORM 990, PART XII, LINE 2C | THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
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