2020-09-17T18:56:14-05:00 2019-12-31 946214841 ARMANINO LLP 50 W SAN FERNANDO ST STE 500 SAN JOSE CA 95113 990 2019-01-01 770481921 HISPANIC FOUNDATION OF SILICON VALLEY HISP 4082167612 1922 THE ALAMEDA NO 217 SAN JOSE CA 95126 RON GONZALES PRESIDENT & CEO 4082167612 2020-09-15 1 MATTHEW PETROSKI P00853132 4082006400 2020-09-15 208.127.87.36 2020-09-15 11:19:06 PD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 A2EF7C6B3EF9173E0A95C57244F2B1B86FE486B2 2019 2021-01-29 14:40:06Z RON GONZALES 1922 THE ALAMEDA NO 217 SAN JOSE CA 95126 2425913 0 X WWW.HFSV.ORG X 1998 CA INVESTING IN THE HEALTH, EDUCATION & LEADERSHIP OF THE HISPANIC COMMUNITY IN SILICON VALLEY. 9 9 8 30 0 0 2421401 2153248 23386 14390 12031 8866 9548 19987 2466366 2196491 937371 459000 0 0 605715 709191 0 0 322678 496813 440807 2039899 1608998 426467 587493 3237221 3883694 47220 95546 3190001 3788148 X 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. 0 0 866181 459000 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 100284 3212 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 99671 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 69847 11178 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. 69847 11178 1135983 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 18 0 1 8 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CA X X X MARGARITA DEAVILA 4082167612 1922 THE ALAMEDA NO 217 SAN JOSE CA 95126 RAQUEL GONZALEZ BOARD CHAIR (START 7/19) 5.00 X X 0 0 0 JORGE LUIS TITINGER BOARD CHAIR (THRU 7/19) 5.00 X X 0 0 0 ANNA DAPELO-GARCIA BOARD VICE CHAIR 3.00 X X 0 0 0 SERGIO RETAMAL BOARD 2ND VICE CHAIR 3.00 X X 0 0 0 STEVEN MARTINEZ BOARD TREASURER 3.00 X X 0 0 0 BEATRIZ MEDINA PRATT BOARD MEMBER 1.00 X 0 0 0 STUARDO ROBLES BOARD MEMBER 1.00 X 0 0 0 ISAURA GAETA BOARD MEMBER 1.00 X 0 0 0 ORIANA BRANON BOARD MEMBER 1.00 X 0 0 0 RAY MONTALVO BOARD MEMBER 1.00 X 0 0 0 JUAN GARCIA BOARD MEMBER (THRU 5/19) 1.00 X 0 0 0 KARINA CABRERA BELL BOARD MEMBER (THRU 9/19) 1.00 X 0 0 0 RON GONZALES PRESIDENT AND CEO 40.00 X 204425 0 25 CLARA ROA DE CHEN CHIEF DEVELOPMENT OFFICER 40.00 X 102288 0 126 306713 0 151 2 0 1 0 FAIRMONT SAN JOSE 170 S MARKET STREET SAN JOSE CA 95113 GALA EVENT 117777 1 247199 159850 1746199 2153248 LBLA TUITION & FEES 611710 11178 11178 NONPROFIT REGISTRATION 611710 3212 3212 14390 752 752 8114 0 8114 8114 8114 238714 247199 229422 9292 9292 10695 0 10695 10695 2196491 14390 0 28853 X 3000 3000 456000 456000 204449 123346 22538 58565 417035 193758 37425 185852 43159 23664 2425 17070 44548 22775 3574 18199 30896 30896 2636 2636 257716 247798 6235 3683 16216 1216 15000 30130 7559 17970 4601 5833 5088 365 380 53821 33893 5114 14814 5844 3049 2795 4965 68 4897 2996 1668 166 1162 849 422 53 374 FOOD 20207 11049 9158 MISC EXPENSES 8023 2826 2219 2978 LICENSES & TAXES 675 20 655 1608998 1135983 150337 322678 2705050 3491028 325000 100000 0 100000 45419 17352 38260 32267 8989 5993 152763 169321 3237221 3883694 43920 95546 3300 0 47220 95546 X 871285 367127 2318716 3421021 3190001 3788148 3237221 3883694 587493 10654 0 X X 0 1 X 1 0 X 1284015 2493787 2147706 2430949 2153248 10509705 1284015 2493787 2147706 2430949 2153248 10509705 3162680 7347025 1164 637 1341 1194 752 5088 88015 74207 169903 182662 249409 764196 11278989 249868 0.65140 0.66320 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13277 13277 0 24983 18990 5993 5993 X 2213254 10654 6000 109 16763 2196491 0 2196491 1615107 6000 109 6109 1608998 0 1608998 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. HISPANIC FOUNDATION BALL 418392 198924 219468 109 33855 137525 48088 SHARKS 45551 35706 9845 9845 2 21970 12569 9401 485913 247199 238714 109 33855 137525 57933 229422 9292 1 SCHOLARSHIPS 116 456000 PART I, LINE 2: 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. X 0 0 0 0 0 0 0 1 0 RON GONZALES PRESIDENT AND CEO 190811 0 13614 0 0 0 0 0 25 0 204450 0 0 0 PART I, LINE 7 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). 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.