2016-11-10T21:12:35-06:00 2016-03-31 271532099 JLK ROSENBERGER LLP 801 N BRAND BLVD SUITE 550 GLENDALE CA 91203 990 2015-04-01 521051044 HISPANIC SCHOLARSHIP FUND HISP 3105799216 1411 WEST 190TH STREET NO 700 GARDENA CA 90248 FIDEL A VARGAS CEO 3105799216 2016-11-08 1 ROBERT GABON P00178995 8183348623 2016-11-08 2015 2017-02-10 21:41:12Z FERNANDO ALMODOVAR 1411 WEST 190TH STREET NO 700 GARDENA CA 90248 46103681 0 X WWW.HSF.NET X 1975 DC HISPANIC SCHOLARSHIP FUND AWARDS SCHOLARSHIPS TO OUTSTANDING HISPANIC STUDENTS IN THE UNITED STATES, PUERTO RICO AND UNITED STATES VIRGIN ISLANDS. 26 26 68 623 0 0 42139045 44690835 0 0 517588 378451 -289311 -229679 42367322 44839607 35163715 37540689 0 0 4511864 4565645 0 0 579143 5188968 4641775 44864547 46748109 -2497225 -1908502 35306217 32674805 1453671 1331740 33852546 31343065 THROUGH SCHOLARSHIPS AND STUDENT/FAMILY SERVICES, THE HISPANIC SCHOLARSHIP FUND AIMS TO PROVIDE STUDENTS ALL THE TOOLS THEY NEED TO GET A COLLEGE DEGREE AND SUCCEED IN LIFE. OVER $515 MILLION HAS BEEN AWARDED TO DATE. 0 0 38931911 37540689 SCHOLARSHIP PROGRAMS - THE FUND ADMINISTERS PROGRAMS FUNDED BY DONATIONS FROM CORPORATIONS, NON-PROFITS, FOUNDATIONS AND INDIVIDUALS. THE FUND ALSO PROVIDES SCHOLARSHIPS THROUGH THE GATES MILLENNIUM SCHOLARS (GMS) PROGRAM. 2162884 COLLEGE PROGRAMS - HSF OFFERS A RANGE OF SUPPORT PROGRAMS AND SERVICES TO SCHOLARS. THEY INCLUDE ACADEMIC SUPPORT, MENTORSHIP, NETWORKING, CAREER SERVICES, LEADERSHIP DEVELOPMENT, AND FINANCIAL WELLNESS. THESE PROGRAMS OFFER BOTH LIVE, EXPERIENTIAL OPPORTUNITIES THROUGH A RANGE OF CONFERENCES, AS WELL AS INTERACTIVE AND INFORMATION FORMATS ONLINE. 2162884 OUTREACH PROGRAMS - THE FUND PROVIDES EDUCATIONAL OUTREACH SERVICES TO HISPANIC STUDENTS-MIDDLE SCHOOL THROUGH TWELFTH GRADE--AND THEIR PARENTS, THROUGH EVENING AND WEEKEND WORKSHOPS THAT ADDRESS HOW TO PLAN, PREPARE AND PAY FOR COLLEGE. HSF ALSO PROVIDES ACCESS TO INFORMATION ABOUT GOING TO COLLEGE, SCHOLARSHIPS, AND MORE, AS WELL AS STORIES ABOUT ROLE MODELS TO ALL VISITORS TO HSF.NET. 43257679 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 0 1 0 0 1 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 116 0 68 1 0 0 0 0 0 1 1 0 0 0 0 X 26 26 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA AL AK AR CO CT DC FL GA IL KS KY ME MD MA MI MN MS NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI X FIDEL A VARGAS 3105799216 1411 WEST 190TH STREET SUITE 700 GARDENA CA 90248 MARGARITA FLORES BOARD MEMBER 1.00 X 0 0 0 NELY GALAN BOARD MEMBER 1.00 X 0 0 0 CHEECH MARIN BOARD MEMBER 1.00 X 0 0 0 LINDA BAGLEY BOARD MEMBER 1.00 X 0 0 0 MARIA ELENA SALINAS BOARD MEMBER 1.00 X 0 0 0 ANGEL MORALES BOARD MEMBER 1.00 X 0 0 0 VIOLETA VERA SEIDELL BOARD MEMBER 1.00 X 0 0 0 ELIZABETH OLIVER-FARROW BOARD MEMBER 1.00 X 0 0 0 KIMBERLY CASINAO BOARD MEMBER 1.00 X 0 0 0 FIDEL A VARGAS PRESIDENT & CEO 40.00 X X 397891 0 0 GENE CAMARENA CHAIR AUDIT 1.00 X 0 0 0 LISA GARCIA-QUIROZ VICE CHAIR 1.00 X X 0 0 0 MICHAEL L BENDER BOARD MEMBER 1.00 X 0 0 0 ADAM RODRIGUEZ BOARD MEMBER 1.00 X 0 0 0 EDGAR SANDOVAL BOARD MEMBER 1.00 X 0 0 0 JUAN GALARRAGA BOARD MEMBER 1.00 X 0 0 0 THOMAS A ROUPE BOARD MEMBER 1.00 X 0 0 0 ANTHONY SALCIDO TREASURER 1.00 X X 0 0 0 JAMES MCNAMARA CHAIR 1.00 X X 0 0 0 BEA PEREZ BOARD MEMBER 1.00 X 0 0 0 GINA RODRIGUEZ BOARD MEMBER 1.00 X 0 0 0 WATLER DOLHARE BOARD MEMBER 1.00 X 0 0 0 DEAN WILLIAM R FITZSIMMONS BOARD MEMBER 1.00 X 0 0 0 PHILLIP HYUN BOARD MEMBER 1.00 X 0 0 0 DIANA NATALICIO BOARD MEMBER 1.00 X 0 0 0 IDA NIETO BOARD MEMBER 1.00 X 0 0 0 FERNANDO ALMODOVAR C.F.O 40.00 X 214540 0 0 MARCELA ESCOBAR-BAILEY CHIEF DIGITAL OFFICER 40.00 X 233772 0 0 JASMINE REZAI SENIOR VP OF STRATEGIC INI 40.00 X 185247 0 0 JUANA PACHECO DIRECTOR OF CORPORATE DEVE 40.00 X 179910 0 0 1211360 0 0 7 0 1 0 ROCHSYSTEMS 11654 PLAZA AMERICA DRIVE 319 RESTON VA 20190 TECHNICAL SUPPORT 886491 LEFT PLUS RIGHT LLC 7305 HANCOCK VILLAGE DRIVE 120 CHESTERFIELD VA 23832 SOFTWARE CONSULTING 461929 CREATIVE MARKETING CONCEPTS 233 SANSOME STREET SUITE 300 SAN FRANCISCO CA 94104 MARKETING SERVICES 187698 3 1269673 43421162 11302 44690835 355436 355436 890188 867173 23015 23015 23015 150000 1269673 396901 -246901 -246901 MISCELLANEOUS REVENUE 900099 17222 17222 17222 44839607 40237 0 108535 50000 50000 37490689 37490689 1509355 633929 630306 245120 2188273 1017294 841883 329096 95368 44823 40055 10490 505041 237972 210392 56677 267608 132358 97103 38147 909308 156321 752536 451 6184 6184 55000 8800 45650 550 54647 54647 241113 109393 131720 880390 686469 150508 43413 710620 294783 367080 48757 537888 193131 344757 598424 463441 66384 68599 71540 2324 68091 1125 413507 21861 391646 53825 53825 DUES & SUBSCRIPTIONS 107819 2372 99260 6187 BAD DEBT 1510 6 1504 OVERHEAD ALLOCATION 0 1711713 -1442244 -269469 46748109 43257679 2911287 579143 2299395 2288897 46976 6904809 8301147 458553 831642 1262986 2275510 586772 1186082 1688738 20903027 17158517 2675733 1974520 35306217 32674805 803141 735040 186931 111905 463599 484795 1453671 1331740 X 185902 -641465 20220543 18480459 13446101 13504071 33852546 31343065 35306217 32674805 -1908502 -600979 0 X X 0 1 X 1 1 1 X 51425107 40549946 43794924 42139045 44690835 222599857 51425107 40549946 43794924 42139045 44690835 222599857 222599857 460391 262272 480598 517588 378451 2099300 1326923 149570 141346 148725 17222 1783786 226482943 0.98290 0.97780 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 503000 1 17812187 57970 -292397 656526 16921234 17182913 1111900 482626 17812187 16340498 250000 1162530 570115 17182913 15586203 5000 1066510 317215 16340498 14931273 1186520 102521 634111 15586203 0.80000 0.20000 0 0 2275510 586772 1688738 1688738 MONEY MARKET FUNDS 696969 F ALTERNATE INVESTMENTS 1059243 F INTERNATIONAL EQUITIES 218308 F 1974520 CAPITAL LEASE OBLIGATIONS 484795 484795 X 46634058 -600979 2450077 -54647 1794451 44839607 0 44839607 49143539 2450077 2450077 46693462 54647 54647 46748109 PART X, LINE 2: THE FUND AND INSTITUTE ARE A TAX-EXEMPT ORGANIZATION UNDER THE INTERNAL REVENUE CODE, SECTION 501(C)(3). THE FUND FOLLOWS THE GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ISSUED BY FASB ASC TOPIC 740. AS OF MARCH 31,2016, MANAGEMENT EVALUATED THE FUND'S TAX POSITIONS AND CONCLUDED THAT THE FUND HAD MAINTAINED ITS TAX EXEMPT STATUS AND HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE CONSOLIDATED FINANCIAL STATEMENTS. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS. WITH FEW EXCEPTIONS, THE FUND IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY FEDERAL OR STATE AUTHORITIES FOR YEARS BEFORE MARCH 31, 2012 AND 2011, RESPECTIVELY. PART XI, LINE 2D - OTHER ADJUSTMENTS: INVESTMENT FEE EXPENSE -54,647. PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT FEE EXPENSE 54,647. MIDDLE EAST AND NORTH AFRICA 0 0 INVESTMENTS 1924 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 INVESTMENTS 12025 0 0 0 0 0 0 13949 0 13949 0 0 0 0 0 0 ALUMNI HALL OF FAME 1083811 963811 120000 186934 14732 110175 LEA 335862 305862 30000 30846 19453 34761 1 1419673 1269673 150000 217780 34185 144936 396901 -246901 1 LATINO DONOR COLLABORATIVE C/O 1411 WEST 190TH STREET 700 GARDENA CA 90248 274281557 501 (C) (3) 50000 TO FURTHER THEIR EXEMPT PURPOSE 1 SCHOLARSHIPS 5004 37432161 HONORARIA 47 58528 PART I, LINE 2: HISPANIC SCHOLARSHIP FUND OBTAINS AN ENROLLMENT VERIFICATION FORM TO ENSURE THAT THE AWARDED STUDENT IS ENROLLED IN AN ACCREDITED SCHOOL. X X X X X 0 0 0 0 0 0 0 0 0 FIDEL A VARGAS PRESIDENT & CEO 397891 0 0 0 0 0 0 0 0 0 397891 0 0 0 FERNANDO ALMODOVAR C.F.O 214540 0 0 0 0 0 0 0 0 0 214540 0 0 0 MARCELA ESCOBAR-BAILEY CHIEF DIGITAL OFFICER 233772 0 0 0 0 0 0 0 0 0 233772 0 0 0 JASMINE REZAI SENIOR VP OF STRATEGIC INI 185247 0 0 0 0 0 0 0 0 0 185247 0 0 0 JUANA PACHECO DIRECTOR OF CORPORATE DEVE 179910 0 0 0 0 0 0 0 0 0 179910 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 A COMPLETE COPY OF THE FORM 990 WAS FORWARDED TO THE CEO. THE CEO MADE THE FORM 990 AVAILABLE FOR THE GOVERNING BOARD AT ITS MOST RECENT MEETING, PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL CONTRACTS ARE REVIEWED BY OUTSIDE COUNSEL AND INTERNALLY TO DETERMINE WHETHER THERE ARE CONFLICTS PRIOR TO SIGNING BY THE CEO,CFO OR CIO. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION PURCHASED A SALARY SURVEY TO BENCHMARK COMPENSATION AGAINST SIMILAR ORGANIZATIONS. THE BOARD APPROVED THE OPERATING BUDGET WHICH INCLUDED SALARIES FOR ALL OFFICERS, DIRECTORS AND KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST AND CAN ALSO BE FOUND ON OUR WEBSITE. THE CONFLICT OF INTEREST POLICY, FORM 990 AND THE GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C THE BOARD OF DIRECTORS SELECTS THE INDEPENDENT AUDITOR AND REVIEWS THE AUDIT REPORT. HSFT LLC 1411 W 190TH STREET SUITE 700 GARDENA CA 90248 521051044 NO ACTIVITY TO DATE DE 0 0 HISPANIC SCHOLARSHIP FUND HISPANIC SCHOLARSHIP FUND INSTITUTE 1411 WEST 190TH STREET SUITE 700 GARDENA CA 90248 542014609 TO ENGAGE THE PUBLIC SECTOR IN SUPPORT OF LATINO HIGHER EDUCATION DC 501 (C) (3) LINE 7 HISPANIC SCHOLARSHIP FUND 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0