Overview
What is Hispanic Scholarship Fund?
The Hispanic Scholarship Fund is a nonprofit organization based in Gardena, California, with the address 1411 WEST 190th STREET 700. Their mission is to empower students and parents with the essential knowledge and resources needed to successfully complete higher education. They offer free, bilingual college preparation programs held both virtually and in various cities across the country. These programs assist students and their parents in preparing, planning, and financing their college education. In addition, HSF provides select scholars with multi-day events that offer leadership training, networking opportunities, professional development, and chances to interview for internships and full-time employment positions. Via their online portal, they provide free information and resources to visitors, including potential scholarship applicants and their parents, current scholars, and alumni, on a range of topics related to college and the transition from college to career. The organization currently employs 81 individuals.
Official website here: www.hsf.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 99% (Four-Star out of Four Stars)
The Hispanic Scholarship Fund (HSF) boasts an impressive rating from Charity Navigator, indicating a strong commitment to accountability and financial management. With a 100% score for Accountability & Finance, the organization demonstrates effective oversight and transparency, making it a trustworthy choice for donors and supporters. The organization's independent board and robust financial practices enhance its credibility, reflecting a well-structured nonprofit.
User feedback highlights HSF's significant impact on the lives of its scholars. Many participants praise the comprehensive programs, such as the Youth Leadership Institute and various summits, which equip students with the necessary skills and confidence for college applications and career advancement. The emphasis on mentorship and networking opportunities has been particularly lauded, helping students connect with peers and professionals who inspire and guide them.
However, some critiques have surfaced regarding the application process, with a few users finding it overly complicated and lengthy. Despite these concerns, the overwhelming majority of reviews reflect a positive sentiment towards HSF, illustrating its dedication to empowering Hispanic students and fostering future leaders in various fields.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Hispanic Scholarship Fund legitimate?
Hispanic Scholarship Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hispanic Scholarship Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,283,909
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,681,711
For more financial information, click here
Official website here: www.hsf.net
What is the mission statement of Hispanic Scholarship Fund?
The Hispanic Scholarship Fund (HSF) is dedicated to empowering students and their parents with the necessary knowledge and resources to successfully complete higher education. The organization provides support services and scholarships to a large number of exceptional students, HSF Scholars, and alumni. HSF's offerings include free, bilingual college preparation programs held virtually and in various cities, designed to help students and their parents prepare, plan, and pay for college. Moreover, HSF offers multi-day programs for selected scholars, providing leadership training, networking, professional development, and opportunities to interview for internships and full-time employment positions. Through its online portal, HSF offers free information and resources to visitors, including potential scholarship applicants and their parents, current scholars, and alumni, on a range of topics related to college and the transition from college to career.
Official website here: www.hsf.net
Who is the CEO of Hispanic Scholarship Fund?
Fidel A Vargas is the President & Chief Executive Officer of Hispanic Scholarship Fund. The CEO's salary of Hispanic Scholarship Fund is $811,384 and their total compensation is $826,718.
Official website here: www.hsf.net
What is the revenue of Hispanic Scholarship Fund?
Hispanic Scholarship Fund's revenue in 2023 was $40,093,684.
Official website here: www.hsf.net
Who are the executives of Hispanic Scholarship Fund and what are their salaries?
The average compensation at Hispanic Scholarship Fund during 2023 was $98,341. There are 81 employees and 1530 volunteers at Hispanic Scholarship Fund.
Here are 24 key members and their salaries (Hispanic Scholarship Fund's CEO's salary is $811,384 and their total compensation is $826,718):
- Compensation: $811,384
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- Other: $15,334
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- Compensation: $463,380
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- Other: $47,469
- Compensation: $321,906
- Related: $0
- Other: $13,715
- Compensation: $308,461
- Related: $0
- Other: $26,975
- Compensation: $287,230
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- Other: $39,013
- Compensation: $219,382
- Related: $0
- Other: $38,493
- Compensation: $230,496
- Related: $0
- Other: $17,673
Official website here: www.hsf.net
Where can I find the form 990 for Hispanic Scholarship Fund?
Hispanic Scholarship Fund's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.hsf.net
Learn more at the official website: www.hsf.net
Mission Statement of Hispanic Scholarship Fund
The Hispanic Scholarship Fund, a renowned organization, is dedicated to empowering students and their parents with the necessary knowledge and resources to successfully complete higher education. By offering support services and scholarships, this esteemed institution aims to help as many exceptional students, HSF Scholars, and alumni as possible.
The organization's mission is twofold. First, it provides free, bilingual college preparation programs, held both virtually and in various cities across the country. Designed to help students and their parents prepare, plan, and pay for college, these programs play a vital role in ensuring that deserving Hispanic students have the opportunity to pursue higher education. Additionally, multi-day programs for selected HSF Scholars offer leadership training, networking, professional development, and interview opportunities for internships and full-time employment positions.
Through its online portal, the Hispanic Scholarship Fund extends its reach by providing free information and resources to visitors, including potential scholarship applicants and their parents, current scholars, and alumni. Topics covered range from college preparation and financial aid to career transition and professional development. With a commitment to supporting the academic and personal growth of Hispanic students, the Hispanic Scholarship Fund is an indispensable resource for those seeking to further their education and build a successful future.
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Impact
October, 2024
The Hispanic Scholarship Fund (HSF) plays a vital role in empowering students and their families to navigate the complexities of higher education. By offering free, bilingual college preparation programs online and in various cities, HSF helps students and parents prepare, plan, and finance their college education.
Additionally, HSF provides support services that go beyond financial aid, including leadership training, networking opportunities, and professional development for selected scholars. These multi-day programs equip students with the skills and connections necessary for successful internships and full-time employment.
Through its comprehensive online portal, HSF offers a wealth of free resources, including information tailored for potential scholarship applicants, current scholars, and alumni. This commitment to education and career transition significantly enhances the prospects for countless Hispanic students, fostering a pathway to academic success and professional growth. Overall, HSF serves as a crucial bridge to higher education, significantly impacting the lives of exceptional students across the country.
This information is meant to be a general summary of Hispanic Scholarship Fund. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $289,704
- Gross Receipts: $87,750,774
Assets and Liabilities:
- Total Assets: $148,596,443
- Total Liabilities: $26,630,404
- Net Assets: $121,966,039
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Organization Details
Founding Year
1975
Phone
(310) 579-9216Principal Officer
Fidel A Vargas
Main Address
1411 WEST 190TH STREET 700, GARDENA, CA, 90248
Website
www.hsf.netNTEE Category
Code: B820 - Education
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