2017-11-08T17:52:40-06:00 2016-12-31 946214841 Armanino LLP 50 W San Fernando St Ste 500 San Jose CA 95113 990 2016-01-01 770481921 Hispanic Foundation of Silicon Valley HISP 4082167612 1922 The Alameda No 217 San Jose CA 95126 RON GONZALES PRESIDENT & CEO 4082167612 2017-11-08 1 Lawrence S Kuechler P00233621 4082006400 2017-11-08 38.104.135.22 2017-11-08 15:42:28 PS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 1660D9D96D1CA10093BC688201E7BDF3C13909DD 2016 2018-03-14 21:41:22Z RON GONZALES 1922 The Alameda No 217 San Jose CA 95126 2586116 0 X WWW.HFSV.ORG X 1998 CA INVESTING IN THE HEALTH, EDUCATION & LEADERSHIP OF THE HISPANIC COMMUNITY IN SILICON VALLEY. 15 15 6 50 0 0 1284015 2493787 16450 10400 5309 2752 0 -68558 1305774 2438381 146426 0 0 0 326249 456143 0 0 154579 155568 706001 628243 1162144 677531 1276237 1013807 2250527 23042 41094 990765 2209433 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 176166 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 680495 Convening & EngagingConvening and engaging the community for the betterment of Silicon Valley Latinos is one of the Hispanic Foundation of Silicon Valley's (HFSV) three pillar priorities. The time has come to convene and engage high-tech leadership around a comprehensive and impactful initiative. To do just that, the HFSV has launched the Latinos in Technology Initiative (LITI).LITI is comprised of two components: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 in its first year of operationLatinos 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- 43 scholarships awarded in 2016 63692 15370 LeadershipLatino Board Leadership Academy- Designed to recruit and train Latino professionals to serve as board members in local non-profits- 200+ LBLA Fellows have completed the program with over 75% serving on nonprofit boards 920353 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 10 0 6 1 0 0 0 0 0 1 1 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X X MARGARITA DEAVILA 4082167612 1922 The Alameda No 217 San Jose CA 95126 JORGE LUIS TITINGER BOARD CHAIR 5.00 X X 0 0 0 RAQUEL GONZALEZ BOARD VICE PRESIDENT 3.00 X X 0 0 0 SANDRA G SEPULVEDA BOARD 2ND VICE PRESIDENT 3.00 X X 0 0 0 OSVALDO ROJAS BOARD TREASURER 3.00 X X 0 0 0 Beatriz Medina Pratt BOARD MEMBER 1.00 X 0 0 0 SERGIO RETAMAL BOARD MEMBER 1.00 X 0 0 0 MIKE CASTILLO BOARD MEMBER 1.00 X 0 0 0 STUARDO ROBLES BOARD MEMBER 1.00 X 0 0 0 LOU SANCHEZ BOARD MEMBER 1.00 X 0 0 0 REED HASTINGS BOARD MEMBER 1.00 X 0 0 0 ANTONIO LOPEZ BOARD MEMBER 1.00 X 0 0 0 CATHERINE MATSUYO TOMPKISON BOARD MEMBER 1.00 X 0 0 0 CYNTHIA PETTI BOARD MEMBER 1.00 X 0 0 0 Marice Brown Board mEMBER 1.00 X 0 0 0 miki Bellon board mEMBER 1.00 X 0 0 0 RON GONZALES PRESIDENT AND CEO 40.00 X 159290 0 0 159290 0 0 1 0 1 0 0 376600 224000 1893187 2493787 LBLA TUITION & FEES 611710 6750 6750 Nonprofit registration 611710 3650 3650 10400 637 637 2115 0 2115 2115 2115 74207 376600 147735 -73528 -73528 REFUNDS 900099 4970 4970 4970 2438381 15370 0 -70776 X 159290 96200 17178 45912 237544 148988 19911 68645 32780 25208 1702 5870 26529 16014 2615 7900 12700 12700 570204 556434 4000 9770 13950 7700 6250 21606 10911 7603 3092 10220 7628 628 1964 26503 20262 1472 4769 11802 6142 5660 1608 1266 342 952 815 72 65 FOOD 19646 9649 9997 equipment rentals 9826 6152 3674 Stipends 5284 5284 grants 1700 1700 1162144 920353 87212 154579 518603 2084195 300000 60749 26247 23277 23277 1609 0 132846 140085 1013807 2250527 23042 41094 23042 41094 X 450665 462569 540100 1746864 990765 2209433 1013807 2250527 X 1276237 4538 -62107 X 0 1 X 1 0 X 472362 567080 598011 1284015 2493787 5415255 472362 567080 598011 1284015 2493787 5415255 1222168 4193087 1604 1452 1250 1164 637 6107 35 2309 2344 5423706 575690 0.77310 0.76110 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13277 13277 0 10000 10000 0 0 VARIOUS MARKETABLE SECURITIES 140085 F 140085 X 2443482 4538 563 5101 2438381 0 2438381 1162707 563 563 1162144 0 1162144 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, 2016. Accordingly, no provision is made for income taxes in these financial statements. In accordance with GAAP, an organization must recognize the tax benefits 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 th year ended December 31, 2016, 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, 2013 and forward. The State of California tax jurisdiction is subject to potential examination for fiscal tax years December 31, 2012 and forward. hispanic foundation ball 450807 376600 74207 546 26022 89913 750 30504 450807 376600 74207 546 26022 89913 750 30504 147735 -73528 X 0 0 0 0 0 0 0 0 0 RON GONZALES PRESIDENT AND CEO 159290 0 0 0 0 0 0 0 0 0 159290 0 0 0 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 15 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 PUBLIC SPEAKERS: Program service expenses 11,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 11,000. other profeesional fee: Program service expenses 0. Management and general expenses 4,000. Fundraising expenses 9,770. Total expenses 13,770. Program related contracts: Program service expenses 545,434. Management and general expenses 0. Fundraising expenses 0. Total expenses 545,434. Form 990, Part XI, line 9: Prior year audit adjustment -62,107.