Hispanics In Philanthropy
- Assets
- $27.5m
- Revenue
- $14.5m
- Investments
- $0.0
- Employees
- 67
- Location
- San Francisco, CA
- Founding
- 09/1987
- Data as of
- 12/2022
- EIN
- 94-3040607
Organization Overview
Hispanics In Philanthropy is located in San Francisco, CA. The organization was established in 1987. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2022, Hispanics In Philanthropy employed 67 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hispanics In Philanthropy is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Hispanics In Philanthropy generated $14.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.8% each year . All expenses for the organization totaled $18.7m during the year ending 12/2022. While expenses have increased by 20.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Hispanics In Philanthropy has awarded 509 individual grants totaling $21,975,285. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
HISPANICS IN PHILANTHROPY'S MISSION IS TO LEVERAGE PHILANTHROPIC RESOURCES TO MOBILIZE AND AMPLIFY THE POWER OF OUR COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MIGRATION AND FORCED DISPLACEMENT: HIPS'S MIGRATION PROGRAM IS A MULTINATIONAL INTERMEDIARY FOR GRANTMAKING AND ISSUE ADVOCACY ADVANCING THE RIGHTS OF PEOPLE IN MOVEMENT. WE WORK TO STRENGTHEN THE COLLABORATION AND COORDINATION BETWEEN GRANTEE ORGANIZATIONS THAT ARE WORKING WITH AND FOR MIGRANTS, REFUGEES, AND ANYONE FORCEFULLY DISPLACED IN THE AMERICAS. HIP'S MULTI-FACETED APPROACH AND ABILITY TO DEVELOP DIVERSE FUNDING VEHICLES PROVIDES TARGETED, COMMUNITY INFORMED AND RAPID RESPONSE CAPACITIES TO FRONTLINE MIGRANT ORGANIZATIONS. WE FOCUS ON STRENGTHENING THE INTERNAL LEADERSHIP AND CAPABILITIES OF EVERY GROUP WE SUPPORT TO ENSURE THEY'RE READY FOR LONGER-TERM ACTION. IN 2022 MFD SUPPORTED 110 ORGANIZATIONS WITH CAPACITY BUILDING & NETWORKING OPPORTUNITIES INCLUDING GRANTMAKING IN MEXICO, HONDURAS, PERU, AND MORE. IN ADDITION HIP LAUNCHED THE 8-PART WEBINAR SERIES "CENTERING FRONTLINE VOICES ACROSS THE AMERICAS" WHICH REACHED OVER 1,000 PEOPLE AND HELD 3 DIALOGUES ON MIGRATION, CLIMATE JUSTICE AND RACIAL EQUITY.
POWER BUILDING AND JUSTICE: POWER BUILDING AND JUSTICE IS SUPPORTING SYSTEMIC CHANGES FOR EQUITY THAT CATALYZE THE ENGAGEMENT OF COMMUNITIES TO BE AWARE OF AND ABLE TO ACCESS TOOLS AND RESOURCES TO MEET THEIR NEEDS AND CREATE CHANGES THROUGH CIVIC ENGAGEMENT, POLICY ADVOCACY, COMMUNITY ORGANIZING, POLITICAL EDUCATION AND A SENSE OF BELONGING. IN 2022, POWER BUILDING AND JUSTICE, IN PARTNERSHIP WITH THE RACIAL EQUITY TEAM, BUILT A GRANTMAKING MODEL CENTERED AROUND EQUITY AND RACE ACROSS THE SOUTH & SOUTHWEST. PARTNERED WITH HISPANIC FEDERATION TO CREATE A FUNDING POOL TO SUPPORT FLORIDA-BASED GRASSROOTS ORGANIZATIONS IN RESPONSE TO THE PASSING OF HB 1557 ALSO KNOWN AS THE "DON'T SAY GAY" BILL. SUPPORTED THE EVERYTOWN FOR GUN SAFETY NATIONAL LISTENING TOUR.
GENDER EQUITY: SINCE 2016, THE GENDER EQUITY PROGRAM HAS BEEN ACTIVATING OUR NETWORK TO ENSURE WE'RE TACKLING THE COMPREHENSIVE RANGE OF ISSUES SURROUNDING GENDER INEQUALITY, BOTH AT A MACRO LEVEL AND WITHIN EVERY COMMUNITY IN THE US, LATAM AND THE CARIBBEAN. THE PILLARS OF OUR GENDER EQUITY PROGRAM ARE: CAPACITY BUILDING, RESEARCH THROUGH A GENDER LENS, VIOLENCE PREVENTION, AND TRAINING, AND ADVOCACY WITHIN PHILANTHROPY. IN 2022, THE GENDER EQUITY TEAM SPEARHEADED OUTREACH AND ADVOCACY INITIATIVES IN TLAXCALA WHICH CULMINATED IN A LOCAL PROGRAM TO PREVENT TRAFFICKING OF GIRLS AND WOMEN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Efrain Escobedo Chair | OfficerTrustee | 2 | $0 |
Roy Cosme Vice Chair (thru. 6/2022) | OfficerTrustee | 2 | $0 |
Christine Switzer Vice Chair | OfficerTrustee | 2 | $0 |
Hilda Polanco Treasurer | OfficerTrustee | 2 | $0 |
Julio Copo Terres Secretary | OfficerTrustee | 2 | $0 |
Elizabeth Campbell Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Impactfull Inc Fundraising Advice And Grant Writing | 12/30/22 | $180,000 |
Ss Ks Llc Event Planners | 12/30/22 | $140,933 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $756,846 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,833,622 |
| Noncash contributions included in lines 1a–1f | $2,353 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,590,468 |
| Total Program Service Revenue | $736,640 |
| Investment income | $332,550 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$143,414 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $14,516,244 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,048,277 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $4,622,787 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $526,952 |
| Compensation of current officers, directors, key employees. | $79,605 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,256,615 |
| Pension plan accruals and contributions | $61,271 |
| Other employee benefits | $495,950 |
| Payroll taxes | $298,655 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $38,931 |
| Fees for services: Accounting | $175,438 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $314,767 |
| Fees for services: Investment Management | $49,643 |
| Fees for services: Other | $1,651,885 |
| Advertising and promotion | $768 |
| Office expenses | $106,003 |
| Information technology | $282,127 |
| Royalties | $0 |
| Occupancy | $183,943 |
| Travel | $765,965 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $608,117 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $38,918 |
| Insurance | $19,064 |
| All other expenses | $94,194 |
| Total functional expenses | $18,662,601 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,661,009 |
| Savings and temporary cash investments | $685,710 |
| Pledges and grants receivable | $6,368,026 |
| Accounts receivable, net | $171,418 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $395,061 |
| Net Land, buildings, and equipment | $237,633 |
| Investments—publicly traded securities | $12,959,770 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $27,478,627 |
| Accounts payable and accrued expenses | $595,908 |
| Grants payable | $3,195,808 |
| Deferred revenue | $21,600 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,813,316 |
| Net assets without donor restrictions | $13,784,870 |
| Net assets with donor restrictions | $9,880,441 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $27,478,627 |
Grants Awarded
Over the last fiscal year, Hispanics In Philanthropy has awarded $4,833,388 in support to 65 organizations.
| Grant Recipient | Amount |
|---|---|
904WARD INC PURPOSE: POWER BUILDING AND JUSTICE | $20,000 |
ALABAMA COALITION FOR IMMIGRANT JUSTICE PURPOSE: POWER BUILDING AND JUSTICE | $200,000 |
AL OTRO LADO INC PURPOSE: MIGRATION AND FORCED DISPLACEMENT | $120,000 |
ALIANZA AMERICAS PURPOSE: HIPGIVE | $5,362 |
AMALGAMATED CHARITABLE FOUNDATION INC PURPOSE: HIPGIVE | $20,916 |
ALLAPATTAH COLLABORATIVE COMMUNITY DE PURPOSE: INICIO | $35,000 |