HISPANIC FOUNDATION OF SILICON VALLEY: Form 990, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
HISPANIC FOUNDATION OF SILICON VALLEY (EIN 77-0481921)
Tax period
2015-01-01 to 2015-12-31
Filed
2016-11-15
IRS object ID
201643209349314769
Schema version
2015v2.1
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

FieldValueIRS element (for citing)
Return2016-11-15T17:24:49-06:00ReturnTs
Tax Period End2015-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN946214841PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Armanino LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line150 W San Fernando St Ste 500AddressLine1Txt
CitySan JoseCityNm
State AbbreviationCAStateAbbreviationCd
ZIP95113ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2015-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN770481921EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Hispanic Foundation of Silicon ValleyBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlHISPBusinessNameControlTxt
Phone4082167612PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11922 The Alameda No 217AddressLine1Txt
CitySan JoseCityNm
State AbbreviationCAStateAbbreviationCd
ZIP95126ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonRON GONZALESPersonNm
Person TitlePRESIDENT & CEOPersonTitleTxt
Phone4082167612PhoneNum
Signature2016-11-14SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLawrence S KuechlerPreparerPersonNm
PTINP00233621PTIN
Phone4082006400PhoneNum
Preparation2016-11-14PreparationDt
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2017-02-10 21:41:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerRON GONZALESPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11922 The Alameda No 217AddressLine1Txt
CitySan JoseCityNm
State AbbreviationCAStateAbbreviationCd
ZIP95126ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,393,789GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.HFSV.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1998FormationYr
Legal Domicile StateCALegalDomicileStateCd
Activity Or MissionINVESTING IN THE HEALTH, EDUCATION & LEADERSHIP OF THE HISPANIC COMMUNITY IN SILICON VALLEY.ActivityOrMissionDesc
Voting Members Governing Body16VotingMembersGoverningBodyCnt
Voting Members Independent16VotingMembersIndependentCnt
Total Employee5TotalEmployeeCnt
Total Volunteers50TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$598,011PYContributionsGrantsAmt
CY Contributions Grants$1,284,015CYContributionsGrantsAmt
PY Program Service Revenue$9,548PYProgramServiceRevenueAmt
CY Program Service Revenue$16,450CYProgramServiceRevenueAmt
PY Investment Income$13,816PYInvestmentIncomeAmt
CY Investment Income$5,309CYInvestmentIncomeAmt
PY Other Revenue$2,309PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$623,684PYTotalRevenueAmt
CY Total Revenue$1,305,774CYTotalRevenueAmt
PY Grants And Similar Paid$106,207PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$146,426CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$360,610PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$326,249CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$135,296CYTotalFundraisingExpenseAmt
PY Other Expenses$151,784PYOtherExpensesAmt
CY Other Expenses$155,568CYOtherExpensesAmt
PY Total Expenses$618,601PYTotalExpensesAmt
CY Total Expenses$628,243CYTotalExpensesAmt
PY Revenues Less Expenses$5,083PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$677,531CYRevenuesLessExpensesAmt
Total Assets BOY$339,990TotalAssetsBOYAmt
Total Assets EOY$1,013,807TotalAssetsEOYAmt
Total Liabilities BOY$22,318TotalLiabilitiesBOYAmt
Total Liabilities EOY$23,042TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$317,672NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$990,765NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionThe 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 Srvc0SignificantNewProgramSrvcInd
Significant ChangeYes (1)SignificantChangeInd
Expense$184,218ExpenseAmt
Grant$141,226GrantAmt
DescEducationThe organization addresses the Latino student achievement gap. It pursues partnerships with other foundations and corporations, as well as business, education, and community leaders to address the low enrollment and graduation rates of Latino students in the fields of science, technology, engineering, and math (STEM). Projects include the Elevate [Math] and Elevate [Math] Plus.Over 1,800 students benefited from this program.The Parent Education Academy (PEA) program is directed toward helping Hispanic parents learn skills to guide and mentor their children to achieve academic success Specifically graduation from both high school and college. This program is offered to complement HFSV's STEM programs for middle school students to excel in math and get on the track to college.Over 500 Latino parents graduated FROM the PEA program.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$146,815ExpenseAmt
DescConvening & 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 is proposing the Latinos in Technology Initiative (LITI).LITI will be comprised of two components:The Family College Success Center (FCSC) was designed and funded. The FCSC is a resource hub which will increase educational opportunities for low-income at-risk students and their families. The FCSC is the first center of its kind in the region, if not the state. It will be a "one-start-shop" for college aspiring middle and high school students, and their parents, to obtain college access information, advice, academic enrichment, workshops, and online resources.The Latinos in Technology Scholarship (LITS) will provide up to 100 scholarships annually for five (5) years to incoming Latino college juniors who have chosen a STEM (science, technology, engineering, math) related major. Additionally, sponsoring corporate investors will provide summer internships to the scholarship recipients.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$80,151ExpenseAmt
Grant$5,200GrantAmt
Revenue$16,450RevenueAmt
DescLeadershipThe organization develops Latino nonprofit leaders. The organization's Latino Board Leadership Academy (LBLA) is a comprehensive program designed to recruit and train professional Latinos to serve as potential board members in non-profit organizations that best match their personal interests.Over 70 Latinos graduated from two LBLA's offered this year.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$411,184TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document9IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee5EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members16GoverningBodyVotingMembersCnt
Independent Voting Member16IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org DocumentsYes (1)ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MARGARITA DEAVILABusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone4082167612PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11922 The Alameda No 217AddressLine1Txt
CitySan JoseCityNm
State AbbreviationCAStateAbbreviationCd
ZIP95126ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (17 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
JORGE LUIS TITINGER
BOARD CHAIR5.00Yes (X)Yes (X)$0$0$0
RAQUEL GONZALEZ
BOARD VICE PRESIDENT3.00Yes (X)Yes (X)$0$0$0
SANDRA G SEPULVEDA
BOARD 2ND VICE PRESIDENT3.00Yes (X)Yes (X)$0$0$0
OSVALDO ROJAS
BOARD TREASURER3.00Yes (X)Yes (X)$0$0$0
Beatriz Medina Pratt
BOARD MEMBER1.00Yes (X)$0$0$0
ROSEMARY KAMEI
BOARD MEMBER1.00Yes (X)$0$0$0
SERGIO RETAMAL
BOARD MEMBER1.00Yes (X)$0$0$0
MIKE CASTILLO
BOARD MEMBER1.00Yes (X)$0$0$0
STUARDO ROBLES
BOARD MEMBER1.00Yes (X)$0$0$0
LOU SANCHEZ
BOARD MEMBER1.00Yes (X)$0$0$0
REED HASTINGS
BOARD MEMBER1.00Yes (X)$0$0$0
ANTONIO LOPEZ
BOARD MEMBER1.00Yes (X)$0$0$0
Jimmy Palmer
BOARD MEMBER1.00Yes (X)$0$0$0
CATHERINE MATSUYO TOMPKISON
BOARD MEMBER1.00Yes (X)$0$0$0
RIC URRUTIA
BOARD MEMBER1.00Yes (X)$0$0$0
CYNTHIA PETTI
BOARD MEMBER1.00Yes (X)$0$0$0
RON GONZALES
PRESIDENT AND CEO40.00Yes (X)$150,789$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$150,789TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Fundraising$457,641FundraisingAmt
Government Grants$150,000GovernmentGrantsAmt
All Other Contributions$676,374AllOtherContributionsAmt
Total Contributions$1,284,015TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
LBLA TUITION & FEES611710$13,650$13,650
Nonprofit registration611710$2,800$2,800
FieldValueIRS element (for citing)
Total Program Service Revenue$16,450TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,164TotalRevenueColumnAmt
Exclusion$1,164ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$4,145SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$0SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$4,145SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,145TotalRevenueColumnAmt
Exclusion$4,145ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$88,015FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$457,641ContriRptFundraisingEventAmt
Fundraising Direct Expenses$88,015FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,305,774TotalRevenueColumnAmt
Related Or Exempt Func Income$16,450RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$5,309ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$146,426TotalAmt
Program Services$146,426ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$150,789TotalAmt
Program Services$105,552ProgramServicesAmt
Management And General$15,079ManagementAndGeneralAmt
Fundraising$30,158FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$133,440TotalAmt
Program Services$54,526ProgramServicesAmt
Management And General$7,068ManagementAndGeneralAmt
Fundraising$71,846FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$20,710TotalAmt
Program Services$9,699ProgramServicesAmt
Management And General$3,594ManagementAndGeneralAmt
Fundraising$7,417FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$21,310TotalAmt
Program Services$8,886ProgramServicesAmt
Management And General$2,673ManagementAndGeneralAmt
Fundraising$9,751FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$1,095TotalAmt
Management And General$1,095ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$12,200TotalAmt
Management And General$12,200ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$1,030TotalAmt
Management And General$1,030ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$52,565TotalAmt
Program Services$47,565ProgramServicesAmt
Management And General$5,000ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$14,023TotalAmt
Program Services$4,961ProgramServicesAmt
Management And General$7,000ManagementAndGeneralAmt
Fundraising$2,062FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$18,728TotalAmt
Program Services$10,289ProgramServicesAmt
Management And General$2,015ManagementAndGeneralAmt
Fundraising$6,424FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$13,575TotalAmt
Program Services$7,065ProgramServicesAmt
Management And General$2,049ManagementAndGeneralAmt
Fundraising$4,461FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$12,746TotalAmt
Program Services$2,709ProgramServicesAmt
Management And General$10,037ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$3,885TotalAmt
Program Services$1,851ProgramServicesAmt
Management And General$870ManagementAndGeneralAmt
Fundraising$1,164FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$2,016TotalAmt
Program Services$342ProgramServicesAmt
Management And General$1,770ManagementAndGeneralAmt
Fundraising-$96FundraisingAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
FOOD$14,808$10,444$4,364
MISCELLANEOUS$8,710$869$5,732$2,109
LICENSES AND FEES$187$187

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$628,243TotalAmt
Program Services$411,184ProgramServicesAmt
Management And General$81,763ManagementAndGeneralAmt
Fundraising$135,296FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$194,072BOYAmt
EOY$518,603EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
EOY$300,000EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$3,834BOYAmt
EOY$60,749EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$23,277LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$21,668LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$5,494BOYAmt
EOY$1,609EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$136,590BOYAmt
EOY$132,846EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$339,990BOYAmt
EOY$1,013,807EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$22,318BOYAmt
EOY$23,042EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$22,318BOYAmt
EOY$23,042EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$153,636BOYAmt
EOY$450,665EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$164,036BOYAmt
EOY$540,100EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$317,672BOYAmt
EOY$990,765EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$339,990BOYAmt
EOY$1,013,807EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$677,531ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$6,565NetUnrlzdGainsLossesInvstAmt
Prior Period Adjustments$2,127PriorPeriodAdjustmentsAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$445,832CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$472,362CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$567,080CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$598,011CurrentTaxYearMinus1YearAmt
Current Tax Year$1,284,015CurrentTaxYearAmt
Total$3,367,300TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$445,832CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$472,362CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$567,080CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$598,011CurrentTaxYearMinus1YearAmt
Current Tax Year$1,284,015CurrentTaxYearAmt
Total$3,367,300TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$797,053SubstantialContributorsTotAmt
Public Support Total170$2,570,247PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,742CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,604CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,452CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,250CurrentTaxYearMinus1YearAmt
Current Tax Year$1,164CurrentTaxYearAmt
Total$7,212TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$35CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,309CurrentTaxYearMinus1YearAmt
Total$2,344TotalAmt
FieldValueIRS element (for citing)
Total Support$3,376,856TotalSupportAmt
Gross Receipts Rltd Activities$650,009GrossReceiptsRltdActivitiesAmt
Public Support CY1700.76110PublicSupportCY170Pct
Public Support PY1700.77660PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$3,458OtherCostOrOtherBasisAmt
Depreciation$5,353DepreciationAmt
Book Value-$1,895BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$19,819OtherCostOrOtherBasisAmt
Depreciation$16,315DepreciationAmt
Book Value$3,504BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$1,609TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp

FieldValueIRS element (for citing)
DescVARIOUS MARKETABLE SECURITIESDesc
Book Value$132,846BookValueAmt
Method ValuationFMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Securities$132,846TotalBookValueSecuritiesAmt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1hispanic foundation ballEvent1Nm
Gross Receipts Event1$545,656GrossReceiptsEvent1Amt
Charitable Contri Event1$457,641CharitableContriEvent1Amt
Gross Revenue Event1$88,015GrossRevenueEvent1Amt
Non Cash Prizes Event1$442NonCashPrizesEvent1Amt
Rent Facility Costs Event1$24,609RentFacilityCostsEvent1Amt
Food And Beverage Event1$37,672FoodAndBeverageEvent1Amt
Entertainment Event1$3,300EntertainmentEvent1Amt
Other Direct Expenses Event1$21,992OtherDirectExpensesEvent1Amt
Gross Receipts Total$545,656GrossReceiptsTotalAmt
Charitable Contributions Tot$457,641CharitableContributionsTotAmt
Gross Revenue Total Events$88,015GrossRevenueTotalEventsAmt
Non Cash Prizes Total Events$442NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events$24,609RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$37,672FoodAndBeverageTotalEventsAmt
Entertainment Total Events$3,300EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$21,992OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$88,015DirectExpenseSummaryEventsAmt
Net Income Summary$0NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxt
SILICON VALLEY EDUCATION FOUNDATION
1400 PARKMOOR AVESAN JOSECA95126205061316501(C)(3)$61,501PROGRAM ASSISTANCE
Parent institute for quality education
1400 Coleman Ave Ste H-12santa claraCA95050330259359501(C)(3)$75,000Scholarship
FieldValueIRS element (for citing)
Total501c3 Org3Total501c3OrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart I, Line 2:FormAndLineReferenceDesc
ExplanationPROGRAMS THAT RECEIVE GRANTS AND ASSISTANCE FROM THE HISPANIC FOUNDATION ARE REQUIRED TO SEND EVALUATION REPORTS TO SHOW THEIR PROGRESS AND USE OF THE FUNDS.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonRON GONZALESPersonNm
TitlePRESIDENT AND CEOTitleTxt
Base Compensation Filing Org$139,489BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$11,300BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$0DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$0NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$150,789TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part III, line 3The fiscal agent relationship with kids' vision was discontinued.
Form 990, Part VI, Section A, line 4The organization amended its Articles regarding its specific charitable purpose for clearer definition of service areas.
Form 990, Part VI, Section B, line 11THE FORM 990 IS BROUGHT TO THE BOARD OF DIRECTORS FOR APPROVAL. ONCE APPROVED, THE FORMS ARE FILED.
Form 990, Part VI, Section B, line 12cTHE 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 15THE 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 19ALL 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.

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