Overview
What is Hispanic Foundation Of Silicon Valley?
The Hispanic Foundation of Silicon Valley is a dedicated nonprofit organization, situated in San Jose, California. With a team of nine employees, their primary mission is to invest in the health, education, and leadership of the local Hispanic community. They strive to empower Latinos in Silicon Valley by promoting community philanthropy, investing in educational excellence, fostering leadership development, and engaging the dynamic Hispanic community. The foundation's flagship program is the Hispanic Foundation College Success Center (HFCSC), a one-of-a-kind hub that provides resources and support to Latino youths and their parents to increase educational opportunities. The HFCSC's objectives include contributing to higher high school graduation rates, improving college readiness, growing numbers of students attending college, and ultimately increasing the number of Latinos employed in the high tech industry. The center offers various services, such as providing information on college access, advice, guidance, workshops, and online resources to both students and parents. This comprehensive approach, often referred to as "cradle to career," empowers middle school, high school, and college students to excel through education efforts.
Official website here: www.hfsv.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 98% (Four-Star out of Four Stars)
The Hispanic Foundation of Silicon Valley has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a perfect score of 100 in the accountability metrics, the organization demonstrates a commitment to transparency and effective financial management. Its independent board composed entirely of 13 members and robust financial oversight practices are key strengths that bolster donor confidence.
In addition to its fiscal responsibility, the foundation also excels in its community engagement, as evidenced by an 86% score in culture and community. The organization effectively collects and utilizes constituent feedback, ensuring that its programs align with the needs of the community it serves. This responsiveness contributes to a high level of trust and satisfaction among stakeholders.
However, while the organization performs well in most areas, the equity strategies score of 79 indicates there may be room for improvement in how it addresses equity and inclusion within its programs and services. Overall, the Hispanic Foundation of Silicon Valley stands out for its strong governance, effective use of resources, and dedication to community impact.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Hispanic Foundation Of Silicon Valley?
96% of the 20 reviewers on Facebook recommend the Hispanic Foundation of Silicon Valley. Here is a summary of their reviews:
Many individuals express appreciation for the valuable and inspiring information shared through the Latino Board Leadership Academy. Participants feel that the sessions are not only insightful but also play a critical role in their personal and professional development.
Overall, it’s clear that the nonprofit has made a positive impact on those involved, fostering a sense of community and empowering its members through education and leadership opportunities.
This AI summary has been generated from reviews found on Facebook.
Is Hispanic Foundation Of Silicon Valley legitimate?
Hispanic Foundation Of Silicon Valley is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hispanic Foundation Of Silicon Valley 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: $366,571
Professional Fundraising Fees: $0
Other Salaries and Wages: $363,934
For more financial information, click here
Official website here: www.hfsv.org
What is the mission statement of Hispanic Foundation Of Silicon Valley?
The Hispanic Foundation of Silicon Valley is committed to enhancing the lives and futures of the Hispanic community by focusing on community philanthropy, investing in educational excellence, leadership development, and engaging the dynamic Hispanic community in the region. Their primary mission is empowering individuals through various initiatives, including the Hispanic Foundation College Success Center, which aims to increase high school graduation rates, college readiness, and the number of Latinx students employed in the high-tech industry. This center, the first of its kind in the region, serves as a one-stop hub for Latinx youths and parents, providing information, workshops, and resources to support their educational journey. The foundation's activities aim to foster a sense of community and provide opportunities for personal growth and professional development within the Hispanic community.
Official website here: www.hfsv.org
Who is the CEO of Hispanic Foundation Of Silicon Valley?
Ron Gonzales is the Board Chair of Hispanic Foundation Of Silicon Valley. The CEO's salary of Hispanic Foundation Of Silicon Valley is $201,571 and their total compensation is $201,571.
Official website here: www.hfsv.org
What is the revenue of Hispanic Foundation Of Silicon Valley?
Hispanic Foundation Of Silicon Valley's revenue in 2022 was $3,338,839.
Official website here: www.hfsv.org
Who are the executives of Hispanic Foundation Of Silicon Valley and what are their salaries?
The average compensation at Hispanic Foundation Of Silicon Valley during 2022 was $81,167. There are 9 employees and 40 volunteers at Hispanic Foundation Of Silicon Valley.
Here are 15 key members and their salaries (Hispanic Foundation Of Silicon Valley's CEO's salary is $201,571 and their total compensation is $201,571):
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Official website here: www.hfsv.org
Where can I find the form 990 for Hispanic Foundation Of Silicon Valley?
Hispanic Foundation Of Silicon Valley's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hfsv.org
Learn more at the official website: www.hfsv.org
Mission Statement of Hispanic Foundation Of Silicon Valley
The Hispanic Foundation of Silicon Valley is committed to enhancing the lives and future prospects of Latinos in the Silicon Valley area. This nonprofit organization achieves this mission through community philanthropy, investment in educational excellence, leadership development, and engaging the dynamic Hispanic community.
Specifically, the Hispanic Foundation College Success Center is a key program of the foundation. This center's primary goals include boosting high school graduation rates, improving college readiness, increasing student and parent knowledge about the college journey, growing the number of students attending college, increasing college graduation rates, and increasing the number of Latinos employed in the high-tech industry. The Hispanic Foundation College Success Center serves as a hub for Latino youths and parents, providing a wide range of resources to empower them to excel in their education. These resources include college access information, advice, guidance, workshops, and online resources.
In summary, the Hispanic Foundation of Silicon Valley aims to empower the Hispanic community in Silicon Valley by investing in their health, education, and leadership. Through programs like the Hispanic Foundation College Success Center, the organization provides valuable resources to help Latino youths and parents navigate the college journey and secure employment in the high-tech industry.
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Impact
July, 2024
The Hispanic Foundation of Silicon Valley's impact is significant in investing in the health, education, and leadership of the Hispanic community in Silicon Valley. Through programs like the Hispanic Foundation College Success Center, they contribute to higher high school graduation rates, improve college readiness, increase college attendance, graduation rates, and the number of Latinos employed in the high-tech industry. The foundation's efforts empower Latino youths and parents by providing educational opportunities, resources, guidance, and support from middle school through college. Their dedication to educational excellence and leadership development plays a crucial role in shaping the future of Latinos in Silicon Valley.
This information is meant to be a general summary of Hispanic Foundation Of Silicon Valley. 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 2022.
- Investment Income: -$17,974
- Program Service Revenue: $31,867
- Gross Receipts: $3,588,723
Assets and Liabilities:
- Total Assets: $5,468,176
- Total Liabilities: $423,151
- Net Assets: $5,045,025
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LBLA TUITION AND FEES
Revenue
$24,381
NONPROFIT REGISTRATION
Revenue
$6,506
WORKSHOPS
Revenue
$980
Organization Details
Founding Year
1998
Phone
(408) 216-7643Principal Officer
Ron Gonzales
Main Address
1961 THE ALAMEDA, SAN JOSE, CA, 95126
Website
www.hfsv.orgNTEE Category
Code: B82 - Education
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