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        <Desc>Convening &amp; 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>
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        <FundraisingAmt>2062</FundraisingAmt>
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      <OtherExpensesGrp>
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        <FundraisingAmt>2109</FundraisingAmt>
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      <OtherExpensesGrp>
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      <PrepaidExpensesDefrdChargesGrp>
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        <EOYAmt>1013807</EOYAmt>
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        <CurrentTaxYearMinus2YearsAmt>567080</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>598011</CurrentTaxYearMinus1YearAmt>
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        <CurrentTaxYearMinus1YearAmt>598011</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>1284015</CurrentTaxYearAmt>
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        <CurrentTaxYearMinus2YearsAmt>1452</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>1250</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>1164</CurrentTaxYearAmt>
        <TotalAmt>7212</TotalAmt>
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        <CurrentTaxYearMinus1YearAmt>2309</CurrentTaxYearMinus1YearAmt>
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        <ContributorBusinessName>
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        </ContributorBusinessName>
        <ContributorUSAddress>
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          <AddressLine2>RESTRICTED</AddressLine2>
          <City>RESTRICTED</City>
          <State>RESTRICTED</State>
          <ZIPCode>RESTRICTED</ZIPCode>
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        <BookValueAmt>-1895</BookValueAmt>
      </EquipmentGrp>
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        <BookValueAmt>3504</BookValueAmt>
      </OtherLandBuildingsGrp>
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      <OtherSecuritiesGrp>
        <Desc>VARIOUS MARKETABLE SECURITIES</Desc>
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        <MethodValuationCd>F</MethodValuationCd>
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      <TotalBookValueSecuritiesAmt>132846</TotalBookValueSecuritiesAmt>
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      <FundraisingEventInformationGrp>
        <Event1Nm>hispanic foundation ball</Event1Nm>
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        <CharitableContriEvent1Amt>457641</CharitableContriEvent1Amt>
        <GrossRevenueEvent1Amt>88015</GrossRevenueEvent1Amt>
        <NonCashPrizesEvent1Amt>442</NonCashPrizesEvent1Amt>
        <RentFacilityCostsEvent1Amt>24609</RentFacilityCostsEvent1Amt>
        <FoodAndBeverageEvent1Amt>37672</FoodAndBeverageEvent1Amt>
        <EntertainmentEvent1Amt>3300</EntertainmentEvent1Amt>
        <OtherDirectExpensesEvent1Amt>21992</OtherDirectExpensesEvent1Amt>
        <GrossReceiptsTotalAmt>545656</GrossReceiptsTotalAmt>
        <CharitableContributionsTotAmt>457641</CharitableContributionsTotAmt>
        <GrossRevenueTotalEventsAmt>88015</GrossRevenueTotalEventsAmt>
        <NonCashPrizesTotalEventsAmt>442</NonCashPrizesTotalEventsAmt>
        <RentFcltyCostsTotalEventsAmt>24609</RentFcltyCostsTotalEventsAmt>
        <FoodAndBeverageTotalEventsAmt>37672</FoodAndBeverageTotalEventsAmt>
        <EntertainmentTotalEventsAmt>3300</EntertainmentTotalEventsAmt>
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        <DirectExpenseSummaryEventsAmt>88015</DirectExpenseSummaryEventsAmt>
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      <GrantRecordsMaintainedInd>1</GrantRecordsMaintainedInd>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>SILICON VALLEY EDUCATION FOUNDATION</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>1400 PARKMOOR AVE</AddressLine1Txt>
          <CityNm>SAN JOSE</CityNm>
          <StateAbbreviationCd>CA</StateAbbreviationCd>
          <ZIPCd>95126</ZIPCd>
        </USAddress>
        <RecipientEIN>205061316</RecipientEIN>
        <IRCSectionDesc>501(C)(3)</IRCSectionDesc>
        <CashGrantAmt>61501</CashGrantAmt>
        <PurposeOfGrantTxt>PROGRAM ASSISTANCE</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>Parent institute for quality education</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>1400 Coleman Ave Ste H-12</AddressLine1Txt>
          <CityNm>santa clara</CityNm>
          <StateAbbreviationCd>CA</StateAbbreviationCd>
          <ZIPCd>95050</ZIPCd>
        </USAddress>
        <RecipientEIN>330259359</RecipientEIN>
        <IRCSectionDesc>501(C)(3)</IRCSectionDesc>
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        <PurposeOfGrantTxt>Scholarship</PurposeOfGrantTxt>
      </RecipientTable>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Part I, Line 2:</FormAndLineReferenceDesc>
        <ExplanationTxt>PROGRAMS 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>
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      <SupplementalNonqualRtrPlanInd>0</SupplementalNonqualRtrPlanInd>
      <EquityBasedCompArrngmInd>0</EquityBasedCompArrngmInd>
      <CompBasedOnRevenueOfFlngOrgInd>0</CompBasedOnRevenueOfFlngOrgInd>
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      <AnyNonFixedPaymentsInd>0</AnyNonFixedPaymentsInd>
      <InitialContractExceptionInd>0</InitialContractExceptionInd>
      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>RON GONZALES</PersonNm>
        <TitleTxt>PRESIDENT AND CEO</TitleTxt>
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        <CompensationBasedOnRltdOrgsAmt>0</CompensationBasedOnRltdOrgsAmt>
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        <BonusRelatedOrganizationsAmt>0</BonusRelatedOrganizationsAmt>
        <OtherCompensationFilingOrgAmt>0</OtherCompensationFilingOrgAmt>
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        <TotalCompensationRltdOrgsAmt>0</TotalCompensationRltdOrgsAmt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part III, line 3</FormAndLineReferenceDesc>
        <ExplanationTxt>The fiscal agent relationship with kids' vision was discontinued.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Section A, line 4</FormAndLineReferenceDesc>
        <ExplanationTxt>The organization amended its Articles regarding its specific charitable purpose for clearer definition of service areas.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Section B, line 11</FormAndLineReferenceDesc>
        <ExplanationTxt>THE FORM 990 IS BROUGHT TO THE BOARD OF DIRECTORS FOR APPROVAL. ONCE APPROVED, THE FORMS ARE FILED.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Section B, line 12c</FormAndLineReferenceDesc>
        <ExplanationTxt>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.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Section B, line 15</FormAndLineReferenceDesc>
        <ExplanationTxt>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.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Section C, line 19</FormAndLineReferenceDesc>
        <ExplanationTxt>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.</ExplanationTxt>
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</Return>