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        <AddressLine1>1922 THE ALAMEDA NO 201</AddressLine1>
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        <ZIPCode>95126</ZIPCode>
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      <Name>LAWRENCE S KUECHLER</Name>
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      <MissionDescription>THE HISPANIC FOUNDATION OF SILICON VALLEY IS A PUBLIC FOUNDATION DEDICATED TO INSPIRING COMMUNITY PHILANTHROPY AND ENGAGING PEOPLE TO INVEST IN THE HEALTH, EDUCATIONAL ACHIEVEMENT, AND LEADERSHIP DEVELOPMENT OF A THRIVING HISPANIC COMMUNITY IN SILICON VALLEY.</MissionDescription>
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      <Description>PROGRAM DEVELOPMENT AND COMMUNITY CONVENING IN 2009, THE HFSV WAS INVITED TO WORK IN COOPERATION WITH THE CITY OF SAN JOSE ON A BUSINESS PLANNING PROCESS IN SUPPORT OF THE MEXICAN HERITAGE PLAZA COMMUNITY ARTS AND CULTURAL CENTER, AN IMPORTANT REGIONAL CULTURAL INSTITUTION. THE HISPANIC FOUNDATION OF SILICON VALLEY WAS ASKED TO SERVE AS A NEUTRAL CONVENING PARTNER AND TO SERVE AS A FISCAL SPONSOR OF THE TRANSITION PROCESS, RESPONSIBLE FOR OVERSEEING A PROFESSIONAL FACILITATION TEAM AND PROVIDING EXPERTISE IN COMMUNITY ENGAGEMENT AND PHILANTHROPY.THE HFSV HAS BEEN WORKING WITH PROFESSIONAL ASSOCIATIONS AND NONPROFIT LEADERS TO DEVELOP A COMPREHENSIVE PROGRAM DESIGNED TO RECRUIT AND TRAIN LATINOS TO SERVE AS POTENTIAL BOARD MEMBERS, PLACE THEM ON THE BOARDS OF NON-PROFIT ORGANIZATIONS WHOSE MISSIONS BEST MATCH THEIR PERSONAL INTERESTS, AND CONDUCT FOLLOW-UP TO ENSURE THAT PLACEMENTS MEET THE NEEDS OF THE NEW LATINO TRUSTEES AND ORGANIZATIONS WHOSE BOARDS THEY JOIN. THE FOCUS ON LATINO PROFESSIONALS, COMBINED WITH THE PURPOSEFUL IMPLEMENTATION OF COMPREHENSIVE FOLLOW-UP, DIFFERENTIATES THE LATINO BOARD LEADERSHIP ACADEMY FROM OTHER OUTSTANDING COMMUNITY LEADERSHIP DEVELOPMENT INITIATIVES.</Description>
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        <Description>EDUCATION AND FINANCIAL ASSISTANCESILICON VALLEY LATINO REPORT CARDIN 2010, HFSV INITIATED THE SILICON VALLEY LATINO REPORT CARD PROJECT. THE REPORT CARD WILL FOCUS ON FIVE QUALITY OF LIFE AREAS: HEALTH, EDUCATION, THE ECONOMY, HOUSING, AND ENVIRONMENTAL SUSTAINABILITY. THESE AREAS WERE CHOSEN BECAUSE (1) THEY ARE CRITICAL TO THE ADVANCEMENT OF LATINOS AND THE REGION, AND (2) THEY ARE ALIGNED WITH THE CURRENT FOCUS AREAS OF HFSV. APPROXIMATELY FOUR TO FIVE INDICATORS WILL BE DISPLAYED UNDER EACH QUALITY OF LIFE AREA. WHENEVER FEASIBLE, REGIONAL DATA WILL BE CONTEXTUALIZED BY MAKING COMPARISONS TO STATE AND NATIONAL TRENDS. HOW LATINOS PERFORM ON THESE INDICATORS, AND HOW THOSE DATA COMPARE TO STATE AND NATIONAL TRENDS, WILL FACTOR INTO THE GRADES THAT WILL BE ASSIGNED TO EACH QUALITY OF LIFE AREA.GRANTS AND SCHOLARSHIPSIN 2010, THE HISPANIC FOUNDATION OF SILICON VALLEY IMPLEMENTED THE SIXTH ROUND OF ITS SILICON VALLEY LATINA SCHOLARSHIP FUND (SVLSF). FOR 2010, FIVE $1,000 SCHOLARSHIPS WERE PROVIDED TO WOMEN IN SUPPORT OF THEIR ACHIEVING FOUR YEAR COLLEGE DEGREES. QUALIFIED APPLICANTS MEET THE FOLLOWING:- HISPANIC WOMEN ENTERING OR ATTENDING AN ACCREDITED 4-YEAR COLLEGE OR UNIVERSITY. - HISPANIC WOMEN TRANSFERRING FROM A COMMUNITY COLLEGE TO A 4 YEAR COLLEGE OR UNIVERSITY.- HISPANIC WOMEN ENTERING OR RE-ENTERING AN ACCREDITED ACADEMIC INSTITUTION, PROFESSIONAL CERTIFICATION PROGRAM, OR TRADE SCHOOL AFTER HAVING CHILDREN.</Description>
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        <Description>PROMOTING VOLUNTEERISM AND LEADERSHIPHISPANIC FOUNDATION OF SILICON VALLEY ORGANIZES EVENTS TO RAISE AWARENESS ABOUT ISSUES AFFECTING THE LATINO COMMUNITY. HISPANIC FOUNDATION OF SILICON VALLEY PROMOTES VOLUNTEERISM AND SPONSORS PROGRAMS TO DEVELOP PHILANTHROPIC LEADERSHIP IN THE LATINO COMMUNITY.HISPANIC PHILANTHROPY IS DRIVEN BY A SENSE OF CONNECTION TO LA COMUNIDAD--A NETWORK OF FRIENDS, NEIGHBORS AND THE BROADER HISPANIC COMMUNITY. A STUDY CONDUCTED BY THE HISPANIC FOUNDATION FOUND LATINOS GREATLY UNDER-REPORT THEIR VOLUNTEER ACTIVITY. FOR HISPANICS WHO VOLUNTEERED, THE NUMBER OF HOURS SPENT VOLUNTEERING EACH MONTH WAS THE HIGHEST AMONG ALL ETHNIC GROUPS STUDIED. HOWEVER, LATINOS DO NOT YET HAVE THE LEADERSHIP ROLE IN THE REGION'S NONPROFIT AND PHILANTHROPIC SECTORS.</Description>
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        <Description>IN 2010 THE ORGANIZATION LAUNCHED A NEW INITIATIVE, CUIDANDO CON RESPETO (CARING WITH RESPECT), A PROGRAM TO BUILD AWARENESS ABOUT HEALTHY AGING IN THE LATINO COMMUNITY AND PROMOTE QUALITY ELDER CARE AND SUPPORT FOR CAREGIVERS. CUIDANDO CON RESPETO IS FUNDED BY THE HFSV IN PARTNERSHIP WITH CATHOLIC CHARITIES OF SANTA CLARA COUNTY AND THE ALZHEIMER'S ASSOCIATION OF NORTHERN CALIFORNIA AND NEVADA. LATINO FAMILIES HAVE A DEEP CONNECTION TO THEIR ELDERS. CARING FOR OUR AGING FAMILY MEMBERS IN-HOME IS A STRONG TRADITION IN THE LATINO FAMILY. AS SUCH, THERE IS A GREAT NEED TO CARE FOR FAMILY CAREGIVERS, BOTH WITH PROFESSIONAL TRAINING AND THROUGH PROFESSIONAL SERVICES THAT ARE AVAILABLE TO THEM AND/OR THEIR LOVED ONES. STUDIES SHOW THAT NOT ONLY DO LATINOS REPRESENT A LARGE PORTION OF CAREGIVERS, BUT THAT SHIFTING DEMOGRAPHICS WILL CREATE A LARGER NEED FOR SUPPORT SERVICES FOR THE ELDERLY AND THEIR FAMILY CAREGIVERS. CUIDANDO CON RESPETO PROVIDES VITAL INFORMATION TO LATINO FAMILY MEMBERS WHO ARE PROVIDING CAREGIVER SERVICES TO AN ELDERLY FAMILY MEMBER.</Description>
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        <NamePerson>RON GONZALES</NamePerson>
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        <ExclusionAmount>1209</ExclusionAmount>
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      <GainOrLoss>
        <Securities>1488</Securities>
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      <NetGainOrLossInvestments>
        <TotalRevenueColumn>1488</TotalRevenueColumn>
        <ExclusionAmount>1488</ExclusionAmount>
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      <NetIncomeFromFundraisingEvents>
        <TotalRevenueColumn>0</TotalRevenueColumn>
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        <UnrelatedBusinessRevenue>0</UnrelatedBusinessRevenue>
        <ExclusionAmount>2697</ExclusionAmount>
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      <GrantsToDomesticOrgs>
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        <ProgramServices>37325</ProgramServices>
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      <GrantsToDomesticIndividuals>
        <Total>5000</Total>
        <ProgramServices>5000</ProgramServices>
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      <CompCurrentOfficersDirectors>
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        <ManagementAndGeneral>7151</ManagementAndGeneral>
        <Fundraising>27167</Fundraising>
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        <Total>31958</Total>
        <ProgramServices>21870</ProgramServices>
        <ManagementAndGeneral>5907</ManagementAndGeneral>
        <Fundraising>4181</Fundraising>
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      <OtherEmployeeBenefits>
        <Total>9346</Total>
        <ProgramServices>7005</ProgramServices>
        <ManagementAndGeneral>506</ManagementAndGeneral>
        <Fundraising>1835</Fundraising>
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      <PayrollTaxes>
        <Total>11150</Total>
        <ProgramServices>8120</ProgramServices>
        <ManagementAndGeneral>832</ManagementAndGeneral>
        <Fundraising>2198</Fundraising>
      </PayrollTaxes>
      <FeesForServicesAccounting>
        <Total>9000</Total>
        <ManagementAndGeneral>9000</ManagementAndGeneral>
      </FeesForServicesAccounting>
      <FeesForServicesOther>
        <Total>17296</Total>
        <ProgramServices>17296</ProgramServices>
      </FeesForServicesOther>
      <Advertising>
        <Total>127508</Total>
        <ProgramServices>127508</ProgramServices>
      </Advertising>
      <OfficeExpenses>
        <Total>19117</Total>
        <ProgramServices>8581</ProgramServices>
        <ManagementAndGeneral>6800</ManagementAndGeneral>
        <Fundraising>3736</Fundraising>
      </OfficeExpenses>
      <InformationTechnology>
        <Total>9698</Total>
        <ProgramServices>8266</ProgramServices>
        <ManagementAndGeneral>251</ManagementAndGeneral>
        <Fundraising>1181</Fundraising>
      </InformationTechnology>
      <Occupancy>
        <Total>7494</Total>
        <ProgramServices>5436</ProgramServices>
        <ManagementAndGeneral>700</ManagementAndGeneral>
        <Fundraising>1358</Fundraising>
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      <Travel>
        <Total>7819</Total>
        <ProgramServices>7093</ProgramServices>
        <ManagementAndGeneral>726</ManagementAndGeneral>
      </Travel>
      <DepreciationDepletion>
        <Total>964</Total>
        <ProgramServices>711</ProgramServices>
        <ManagementAndGeneral>75</ManagementAndGeneral>
        <Fundraising>178</Fundraising>
      </DepreciationDepletion>
      <Insurance>
        <Total>1466</Total>
        <ProgramServices>1080</ProgramServices>
        <ManagementAndGeneral>114</ManagementAndGeneral>
        <Fundraising>272</Fundraising>
      </Insurance>
      <OtherExpenses>
        <Description>FOOD</Description>
        <Total>1584</Total>
        <ProgramServices>864</ProgramServices>
        <ManagementAndGeneral>720</ManagementAndGeneral>
      </OtherExpenses>
      <OtherExpenses>
        <Description>MISCELLANEOUS</Description>
        <Total>1459</Total>
        <ProgramServices>1393</ProgramServices>
        <ManagementAndGeneral>66</ManagementAndGeneral>
      </OtherExpenses>
      <OtherExpenses>
        <Description>LICENSES AND FEES</Description>
        <Total>442</Total>
        <ManagementAndGeneral>442</ManagementAndGeneral>
      </OtherExpenses>
      <TotalFunctionalExpenses>
        <Total>434463</Total>
        <ProgramServices>359067</ProgramServices>
        <ManagementAndGeneral>33290</ManagementAndGeneral>
        <Fundraising>42106</Fundraising>
      </TotalFunctionalExpenses>
      <CashNonInterestBearing>
        <EOY>32</EOY>
      </CashNonInterestBearing>
      <SavingsAndTempCashInvestments>
        <BOY>148189</BOY>
        <EOY>245599</EOY>
      </SavingsAndTempCashInvestments>
      <PledgesAndGrantsReceivable>
        <BOY>5000</BOY>
      </PledgesAndGrantsReceivable>
      <AccountsReceivable>
        <BOY>24519</BOY>
        <EOY>15177</EOY>
      </AccountsReceivable>
      <PrepaidExpensesDeferredCharges>
        <BOY>6488</BOY>
        <EOY>3987</EOY>
      </PrepaidExpensesDeferredCharges>
      <LandBuildingsEquipmentBasis>9819</LandBuildingsEquipmentBasis>
      <LandBldgEquipmentAccumDeprec>6444</LandBldgEquipmentAccumDeprec>
      <LandBuildingsEquipmentBasisNet>
        <BOY>4339</BOY>
        <EOY>3375</EOY>
      </LandBuildingsEquipmentBasisNet>
      <InvestmentsOtherSecurities>
        <BOY>93659</BOY>
        <EOY>104660</EOY>
      </InvestmentsOtherSecurities>
      <TotalAssets>
        <BOY>282194</BOY>
        <EOY>372830</EOY>
      </TotalAssets>
      <AccountsPayableAccruedExpenses>
        <BOY>21818</BOY>
        <EOY>29860</EOY>
      </AccountsPayableAccruedExpenses>
      <TotalLiabilities>
        <BOY>21818</BOY>
        <EOY>29860</EOY>
      </TotalLiabilities>
      <FollowSFAS117>X</FollowSFAS117>
      <UnrestrictedNetAssets>
        <BOY>215376</BOY>
        <EOY>168859</EOY>
      </UnrestrictedNetAssets>
      <TemporarilyRestrictedNetAssets>
        <BOY>45000</BOY>
        <EOY>174111</EOY>
      </TemporarilyRestrictedNetAssets>
      <TotalNetAssetsFundBalances>
        <BOY>260376</BOY>
        <EOY>342970</EOY>
      </TotalNetAssetsFundBalances>
      <TotalLiabNetAssetsFundBalances>
        <BOY>282194</BOY>
        <EOY>372830</EOY>
      </TotalLiabNetAssetsFundBalances>
      <InfoInScheduleOPartXI>X</InfoInScheduleOPartXI>
      <ReconcilationRevenueExpenses>72653</ReconcilationRevenueExpenses>
      <ReconcilationOtherChanges>9941</ReconcilationOtherChanges>
      <MethodOfAccountingAccrual>X</MethodOfAccountingAccrual>
      <AccountantCompileOrReview>0</AccountantCompileOrReview>
      <FSAudited>0</FSAudited>
      <FederalGrantAuditRequired>0</FederalGrantAuditRequired>
    </IRS990>
    <IRS990ScheduleA documentId="RetDoc1039100001">
      <PubliclySupportedOrg170b1Avi>X</PubliclySupportedOrg170b1Avi>
      <GiftsGrantsContribReceived170>
        <CurrentTaxYearMinus4Years>220927</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>315435</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>267081</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>280362</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>504419</CurrentTaxYear>
        <Total>1588224</Total>
      </GiftsGrantsContribReceived170>
      <Total170>
        <CurrentTaxYearMinus4Years>220927</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>315435</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>267081</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>280362</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>504419</CurrentTaxYear>
        <Total>1588224</Total>
      </Total170>
      <AmountsSubstContributorsTotal>386490</AmountsSubstContributorsTotal>
      <PublicSupportTotal170>1201734</PublicSupportTotal170>
      <GrossInvestmentIncome170>
        <CurrentTaxYearMinus4Years>6265</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>3314</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>2989</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>1137</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>1209</CurrentTaxYear>
        <Total>14914</Total>
      </GrossInvestmentIncome170>
      <OtherIncome170>
        <CurrentTaxYearMinus4Years>2305</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>30</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus1Year>10</CurrentTaxYearMinus1Year>
        <Total>2345</Total>
      </OtherIncome170>
      <TotalSupport>1605483</TotalSupport>
      <GrossReceiptsFromAdmissionsEtc>660339</GrossReceiptsFromAdmissionsEtc>
      <PublicSupportPertcentage170>0.74850</PublicSupportPertcentage170>
      <PublicSupportPertcentPriorYear>0.67120</PublicSupportPertcentPriorYear>
      <ThirtyThreePercntTestsCY170>X</ThirtyThreePercntTestsCY170>
    </IRS990ScheduleA>
    <IRS990ScheduleB documentId="RetDoc1234500001">
      <ContributorInfo>
        <ContributorNumber>RESTRICTED</ContributorNumber>
        <ContributorNameBusiness>
          <BusinessNameLine1>RESTRICTED</BusinessNameLine1>
        </ContributorNameBusiness>
        <ContributorAddressUS>
          <AddressLine1>RESTRICTED</AddressLine1>
          <AddressLine2>RESTRICTED</AddressLine2>
          <City>RESTRICTED</City>
          <State>RESTRICTED</State>
          <ZIPCode>RESTRICTED</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>RESTRICTED</AggregateContributions>
      </ContributorInfo>
    </IRS990ScheduleB>
    <IRS990ScheduleD documentId="RetDoc1040000001">
      <OtherLandBuildings>
        <OtherCostOrOtherBasis>9819</OtherCostOrOtherBasis>
        <Depreciation>6444</Depreciation>
        <BookValue>3375</BookValue>
      </OtherLandBuildings>
      <TotalOfBookValueLandBuildings>3375</TotalOfBookValueLandBuildings>
      <OtherSecurities>
        <Description>VARIOUS MARKETABLE SECURITIES</Description>
        <BookValue>104660</BookValue>
        <MethodOfValuation>F</MethodOfValuation>
      </OtherSecurities>
      <TotalOfBookValueSecurities>104660</TotalOfBookValueSecurities>
    </IRS990ScheduleD>
    <IRS990ScheduleG documentId="RetDoc1041300001">
      <EventsInformation>
        <NameOfEvent1>CHARITY BALL</NameOfEvent1>
        <GrossReceiptsEvent1>383761</GrossReceiptsEvent1>
        <CharitableContributionsEvent1>252676</CharitableContributionsEvent1>
        <GrossRevenueEvent1>131085</GrossRevenueEvent1>
        <RentFacilityCostsEvent1>1000</RentFacilityCostsEvent1>
        <FoodAndBeverageEvent1>80875</FoodAndBeverageEvent1>
        <EntertainmentEvent1>3200</EntertainmentEvent1>
        <OtherDirectExpensesEvent1>46010</OtherDirectExpensesEvent1>
        <GrossReceiptsTotal>383761</GrossReceiptsTotal>
        <CharitableContributionsTotal>252676</CharitableContributionsTotal>
        <GrossRevenueTotalEvents>131085</GrossRevenueTotalEvents>
        <RentFacilityCostsTotalEvents>1000</RentFacilityCostsTotalEvents>
        <FoodAndBeverageTotalEvents>80875</FoodAndBeverageTotalEvents>
        <EntertainmentTotalEvents>3200</EntertainmentTotalEvents>
        <OtherDirectExpensesTotalEvents>46010</OtherDirectExpensesTotalEvents>
        <DirectExpenseSummaryEvents>131085</DirectExpenseSummaryEvents>
        <NetIncomeSummary>0</NetIncomeSummary>
      </EventsInformation>
    </IRS990ScheduleG>
    <IRS990ScheduleI documentId="RetDoc1041900001">
      <RecordsMaintained>1</RecordsMaintained>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>SILICON VALLEY EDUCATION FOUNDATION</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>1400 PARKMOOR AVE</AddressLine1>
          <City>SAN JOSE</City>
          <State>CA</State>
          <ZIPCode>95126</ZIPCode>
        </AddressUS>
        <EINOfRecipient>205061316</EINOfRecipient>
        <IRCSection>501(C)(3)</IRCSection>
        <AmountOfCashGrant>31500</AmountOfCashGrant>
        <PurposeOfGrant>SUPPORTING THE EMPOWERMENT OF EDUCATORS AND STUDENTS THROUGH THE STEM PROGRAM.</PurposeOfGrant>
      </RecipientTable>
      <TotalNbrOf501C3AndGovtGrants>1</TotalNbrOf501C3AndGovtGrants>
      <Form990ScheduleIPartIV>
        <Identifier>PROCEDURE FOR MONITORING GRANTS IN THE U.S.:</Identifier>
        <ReturnReference>PART I, LINE 2:</ReturnReference>
        <Explanation>SCHEDULE I, PART I, LINE 2: 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.</Explanation>
      </Form990ScheduleIPartIV>
    </IRS990ScheduleI>
    <IRS990ScheduleO documentId="RetDoc1044400001">
      <GeneralExplanation>
        <Identifier>NEW PROGRAM SERVICES</Identifier>
        <ReturnReference>FORM 990, PART III, LINE 2</ReturnReference>
        <Explanation>SEE DESCRIPTION PROVIDED UNDER FORM 990, PART III LINE 4D - CUIDANDO CON RESPETO (CARING WITH RESPECT).</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>FORM 990, PART VI, SECTION B, LINE 11</Identifier>
        <Explanation>THE FORM 990 IS BROUGHT TO THE BOARD OF DIRECTORS FOR APPROVAL. ONCE APPROVED, THE FORMS ARE FILED.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION B, LINE 12C</ReturnReference>
        <Explanation>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 CHAIRMAN OF THE BOARD AND THE CEO ARE JOINTLY RESPONSIBLE FOR MONITORING THIS PROCESS.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION B, LINE 15A</ReturnReference>
        <Explanation>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 DIRECTOR.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION C, LINE 19</ReturnReference>
        <Explanation>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.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>CHANGES IN NET ASSETS OR FUND BALANCES:</Identifier>
        <ReturnReference>FORM 990, PART XI, LINE 5:</ReturnReference>
        <Explanation>NET UNREALIZED GAINS ON INVESTMENTS: 9,941.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
  </ReturnData>
</Return>