Overview
What is Hispanics In Philanthropy?
Hispanics In Philanthropy (HIP) is a California-based nonprofit organization situated in San Francisco, with a workforce of 67 employees. The mission of HIP is to mobilize and amplify the power of their communities by leveraging philanthropic resources. HIP functions as an intermediary for grantmaking and issue advocacy, focusing on the rights of people in movement, including migrants, refugees, and those forcibly displaced in the Americas. Through collaborating and coordinating with grantee organizations, HIP strengthens their capacity with targeted, community-informed, and rapid response strategies. In 2022, HIP supported 110 organizations through capacity building and networking opportunities in various countries like Mexico, Honduras, and Peru. Additionally, HIP launched an 8-part webinar series, "Centering Frontline Voices Across the Americas," which reached over 1,000 people and held dialogues on migration, climate justice, and racial equity.
Official website here: www.hipfunds.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 100% (Four-Star out of Four Star rating)
Hispanics In Philanthropy has achieved a perfect score of 100% from Charity Navigator, indicating a high level of accountability and financial health. The organization excels particularly in its accountability and finance practices, demonstrating robust financial oversight and transparency. Notably, it has a fully independent board and has earned top scores in all metrics related to financial integrity and efficiency.
User reviews from platforms like Great Nonprofits highlight the organization's impactful work in bridging gaps between funders and nonprofits serving the Latino community. One review provides a personal perspective on how the organization inspires acts of generosity, emphasizing the importance of community support and philanthropy among Latinos. Such testimonials illustrate the positive influence Hispanics In Philanthropy has on both individual lives and the broader community.
Despite the overwhelming positive feedback and high ratings, it's essential to note that the organization might continue to face challenges related to equity data, as indicated by its slightly lower score in this area. This suggests that while the organization is doing well overall, it may have room for improvement in fully addressing diversity and equity within its practices.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
What do the Facebook reviews say about Hispanics In Philanthropy?
100% of 26 reviewers on Facebook recommend Hispanics In Philanthropy. Here is a summary of their reviews:
Supporters express strong approval for the organization's efforts in helping other social organizations access resources through crowdfunding campaigns. Many users appreciate how the initiative effectively raises awareness and positions important causes, highlighting its impact within the community.
Overall, the organization has built a positive reputation, with users feeling confident in its ability to deliver valuable resources and support to those in need. The consistent endorsement reflects a community that trusts and values the work being done by Hispanics In Philanthropy.
This AI summary has been generated from reviews found on Facebook.
Is Hispanics In Philanthropy legitimate?
Hispanics In Philanthropy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hispanics In Philanthropy 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: $526,952
Professional Fundraising Fees: $314,767
Other Salaries and Wages: $3,256,615
For more financial information, click here
Official website here: www.hipfunds.org
What is the mission statement of Hispanics In Philanthropy?
Hispanics In Philanthropy (HIP) is a mission-driven organization that harnesses philanthropic resources to empower and amplify the power of Latinx communities. Founded in 1981, HIP functions as an impact catalyst, reshaping the future of the Latinx population. By leading the largest transnational network, HIP strengthens Latinx leadership and influence, and directs philanthropic resources towards the community to create a better world. Through its efforts, HIP has been at the forefront of Latinx philanthropy for nearly four decades.
Official website here: www.hipfunds.org
Who is the CEO of Hispanics In Philanthropy?
Catterina Olazabal is the Chair of Hispanics In Philanthropy. The CEO's salary of Hispanics In Philanthropy is $293,693 and their total compensation is $304,127.
Official website here: www.hipfunds.org
What is the revenue of Hispanics In Philanthropy?
Hispanics In Philanthropy's revenue in 2022 was $14,516,244.
Official website here: www.hipfunds.org
Who are the executives of Hispanics In Philanthropy and what are their salaries?
The average compensation at Hispanics In Philanthropy during 2022 was $56,471. There are 67 employees and 32 volunteers at Hispanics In Philanthropy.
Here are 28 key members and their salaries (Hispanics In Philanthropy's CEO's salary is $293,693 and their total compensation is $304,127):
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- Compensation: $293,693
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- Other: $19,494
Official website here: www.hipfunds.org
Where can I find the form 990 for Hispanics In Philanthropy?
Hispanics In Philanthropy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hipfunds.org
Learn more at the official website: www.hipfunds.org
Mission Statement of Hispanics In Philanthropy
Hispanics In Philanthropy, or HIP, is a mission-driven organization that leverages philanthropic resources to mobilize and amplify the power of Latino communities. Established in 1981, this impact catalyst has been at the forefront of strengthening Latino leadership and influence, and driving philanthropic resources into the community to build a better world.
In simple terms, HIP serves as a bridge between those who want to make a difference and the Latino communities that can benefit most from their support. By harnessing the power of philanthropy, HIP aims to reshape the future for Latinos, making a significant impact on their lives and empowering them to reach their full potential.
Through their extensive network, HIP connects donors with various opportunities to make a tangible difference in the lives of Latinos. They foster collaboration, build partnerships, and leverage resources to create lasting change. HIP's work goes beyond just funding projects; they invest in the people and the communities, enabling them to grow and thrive. By focusing on the needs of the Latino community, HIP strives to create a more equitable and inclusive society for all.
Since its inception, HIP has been a trailblazer in the philanthropic sector, leading the charge in addressing the unique challenges faced by the Latino community. With over four decades of experience, HIP continues to be a beacon of hope and a catalyst for positive change, shaping the future for Latinos and leaving a lasting impact on society.
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Impact
October, 2024
Hispanics In Philanthropy (HIP) plays a crucial role in mobilizing and amplifying the power of Latinx communities through strategic philanthropic efforts. By focusing on issues such as migration and forced displacement, HIP serves as a multinational intermediary that supports frontline organizations working with migrants, refugees, and those forcibly displaced across the Americas.
In 2022 alone, HIP supported 110 organizations by providing capacity-building and networking opportunities, as well as grantmaking in countries like Mexico, Honduras, and Peru. Their innovative, community-informed approach ensures that these organizations develop the internal leadership and capabilities necessary for long-term action.
Through initiatives like the eight-part webinar series "Centering Frontline Voices Across the Americas," which reached over 1,000 individuals, HIP fosters critical dialogues around migration, climate justice, and racial equity. By strengthening collaboration among diverse stakeholders, HIP not only addresses immediate community needs but also reshapes the future of Latinx leadership and influence in philanthropy, making a lasting impact on the communities they serve.
This information is meant to be a general summary of Hispanics In Philanthropy. 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: $189,136
- Program Service Revenue: $736,640
- Gross Receipts: $18,392,315
Assets and Liabilities:
- Total Assets: $27,478,627
- Total Liabilities: $3,813,316
- Net Assets: $23,665,311
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ANNUAL CONFERENCE
Revenue
$574,545
TRANSFORM PHILANTHROPY
Revenue
$162,095
Organization Details
Founding Year
1981
Phone
(415) 837-0427Principal Officer
Catterina Olazabal
Main Address
548 MARKET STREET 60300, SAN FRANCISCO, CA, 94104
Website
www.hipfunds.orgNTEE Category
Code: T00 - Philanthropy
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