Totals
- Total revenue
- $14,516,244
- Total expenses
- $18,662,601
- Contributions and grants received
- $13,590,468
- Grants paid
- $9,671,064
- Program service revenue
- $736,640
- Investment income
- $189,136
- Other revenue
- $0
- Total assets, end of year
- $27,478,627
- Total liabilities, end of year
- $3,813,316
- Net assets or fund balances, end of year
- $23,665,311
- Program services expenses (Part IX)
- $16,860,132
- Management and general expenses
- $809,967
- Fundraising expenses
- $992,502
- Program service expenses (Part III)
- $16,860,132
Program services were 90.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$756,846
-
1f · All other contributions, gifts and grants
$12,833,622
-
1g · Noncash contributions included above
$2,353
-
2a · Program service revenue: ANNUAL CONFERENCE
total $574,545 · related or exempt $574,545
-
2b · Program service revenue: TRANSFORM PHILANTHROPY
total $162,095 · related or exempt $162,095
-
3 · Investment income
total $332,550 · excluded $332,550
-
7a · Gross sales of assets other than inventory
securities $3,732,657
-
7b · Less cost or other basis and sales expenses
securities $3,876,071
-
7c · Gain or loss
securities -$143,414
-
7d · Net gain or loss
total -$143,414 · excluded -$143,414
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $5,048,277 · program services $5,048,277
-
3 · Grants to foreign organizations and individuals
total $4,622,787 · program services $4,622,787
-
5 · Compensation of officers, directors and key employees
total $526,952 · program services $403,952 · management and general $79,605 · fundraising $43,395
-
7 · Other salaries and wages
total $3,256,615 · program services $2,489,481 · management and general $375,723 · fundraising $391,411
-
8 · Pension plan contributions
total $61,271 · program services $46,859 · management and general $6,764 · fundraising $7,648
-
9 · Other employee benefits
total $495,950 · program services $381,443 · management and general $59,135 · fundraising $55,372
-
10 · Payroll taxes
total $298,655 · program services $230,555 · management and general $35,311 · fundraising $32,789
-
11b · Fees: legal
total $38,931 · program services $31,266 · management and general $7,477 · fundraising $188
-
11c · Fees: accounting
total $175,438 · program services $71,627 · management and general $95,869 · fundraising $7,942
-
11e · Fees: professional fundraising services
total $314,767 · fundraising $314,767
-
11f · Fees: investment management
total $49,643 · management and general $49,643
-
11g · Fees: other
total $1,651,885 · program services $1,607,730 · management and general $9,407 · fundraising $34,748
-
12 · Advertising and promotion
total $768 · program services $768
-
13 · Office expenses
total $106,003 · program services $87,053 · management and general $12,260 · fundraising $6,690
-
14 · Information technology
total $282,127 · program services $247,210 · management and general $30,052 · fundraising $4,865
-
16 · Occupancy
total $183,943 · program services $135,273 · management and general $25,066 · fundraising $23,604
-
17 · Travel
total $765,965 · program services $714,315 · management and general $543 · fundraising $51,107
-
19 · Conferences, conventions and meetings
total $608,117 · program services $608,117
-
22 · Depreciation, depletion and amortization
total $38,918 · program services $28,410 · management and general $5,449 · fundraising $5,059
-
23 · Insurance
total $19,064 · program services $13,898 · management and general $3,547 · fundraising $1,619
-
24a · Other expenses: DUES AND SUBSCRIPTIONS
total $22,331 · program services $17,119 · management and general $1,110 · fundraising $4,102
-
24e · All other expenses
total $94,194 · program services $73,992 · management and general $13,006 · fundraising $7,196
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $5,791,519 · end of year $6,661,009
-
2 · Savings and temporary cash investments
beginning of year $9,319,989 · end of year $685,710
-
3 · Pledges and grants receivable
beginning of year $1,479,898 · end of year $6,368,026
-
4 · Accounts receivable
beginning of year $76,619 · end of year $171,418
-
9 · Prepaid expenses and deferred charges
beginning of year $51,778 · end of year $395,061
-
10a · Land, buildings and equipment: cost or other basis
$270,221
-
10b · Land, buildings and equipment: accumulated depreciation
$32,588
-
10c · Land, buildings and equipment, net
beginning of year $197,752 · end of year $237,633
-
11 · Investments: publicly traded securities
beginning of year $15,710,584 · end of year $12,959,770
-
17 · Accounts payable and accrued expenses
beginning of year $526,147 · end of year $595,908
-
18 · Grants payable
beginning of year $2,372,488 · end of year $3,195,808
-
19 · Deferred revenue
beginning of year $0 · end of year $21,600
-
27 · Net assets without donor restrictions
beginning of year $22,141,879 · end of year $13,784,870
-
28 · Net assets with donor restrictions
beginning of year $7,587,625 · end of year $9,880,441
Mission and programs · 2022
Mission
HISPANICS IN PHILANTHROPY LEVERAGES PHILANTHROPIC RESOURCES TO MOBILIZE AND AMPLIFY THE POWER OF OUR COMMUNITIES. HIP IS AN IMPACT CATALYST RESHAPING THE LATINX FUTURE. SINCE 1981, WE'VE BEEN LEADING THE LARGEST TRANSNATIONAL NETWORK STRENGTHENING LATINX LEADERSHIP AND INFLUENCE, AND DRIVING PHILANTHROPIC RESOURCES INTO THE COMMUNITY TO BUILD A BETTER WORLD.
Activities or mission (Part I)
HISPANICS IN PHILANTHROPY'S MISSION IS TO LEVERAGE PHILANTHROPIC RESOURCES TO MOBILIZE AND AMPLIFY THE POWER OF OUR COMMUNITIES.
-
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.
Expenses $4,591,803 · Grants $3,903,017
-
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.
Expenses $2,652,977 · Grants $2,155,000
-
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.
Expenses $1,246,006 · Grants $1,156,575
-
INICIO VENTURES: INICIO VENTURES PROGRAM HAS A THREE PILLAR APPROACH OF INVESTING, DEVELOPING, AND CONNECTING LATINX STARTUPS, IN 2022 INICIO VENTURES PROVIDED CAPITAL TO 30 LATINX-LED STARTUPS, HELD SIX PITCH COMPETITION EVENTS, HELD 3 COHORTS OF THE FELLOWSHIP PROGRAM, AND PROVIDED FIELD BUILDING GRANTS TO ENTREPRENEURSHIP ECOSYSTEM BUILDERS.
Expenses $1,167,715 · Grants $282,000
-
HIPGIVE: HIPGIVE IS THE ONLY BILINGUAL PLATFORM OF DIGITAL TOOLS THAT MAKES IT POSSIBLE TO MOBILIZE RESOURCES FOR SOCIAL IMPACT PROJECTS THROUGHOUT THE AMERICAS. THROUGH OUR SUITE OF INNOVATIVE TOOLS INCLUDING CROWDFUNDING CAMPAIGNS, PERMANENT DIGITAL CAMPAIGNS, PEER TO PEER GIVING AND DIGITAL GIVING CIRCLES, PEOPLE AND ORGANIZATIONS COME TOGETHER TO CREATE COMMUNITY AND MAKE AN IMPACT IN THE WORLD. IN 2022 HIPGIVE LAUNCHED A LEARNING CENTER WHICH PUBLISHED 14 REPORTS, EXPANDED CAMPAIGNS FOCUSED ON PRIDE, COMMUNITIES IN MOVEMENT, CLIMATE RESILIENCE, AND JUREZ GIVING DAY, HOSTED 50+ WEBINARS TO TRAIN OUR PARTNER ORGANIZATIONS ON THE DETAILS OF CROWDFUNDING.
Expenses $1,146,559 · Grants $880,227
-
ALL OTHER PROGRAMS AND EMERGING STRATEGIES: ALL OTHER PROGRAM ACTIVITIES WHICH SUPPORT HISPANICS IN PHILANTHROPY'S MISSION AND VALUES.
Expenses $6,055,072 · Grants $1,294,245 · Revenue $736,640
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Efrain EscobedoEFRAIN ESCOBEDO
CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Roy CosmeROY COSME
VICE CHAIR (THRU. 6/2022)
- Total calculated
- $0
- Hours/week
- 2
-
Christine SwitzerCHRISTINE SWITZER
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Hilda PolancoHILDA POLANCO
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Julio Copo TerresJULIO COPO TERRES
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Elizabeth CampbellELIZABETH CAMPBELL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Hector MujicaHECTOR MUJICA
AT-LARGE OFFICER
- Total calculated
- $0
- Hours/week
- 1
-
Jennifer Chavez RubioJENNIFER CHAVEZ RUBIO
BOARD MEMBER (THRU. 6/2022)
- Total calculated
- $0
- Hours/week
- 1
-
Maribel CifuentesMARIBEL CIFUENTES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Marco DavisMARCO DAVIS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Shawn EscofferySHAWN ESCOFFERY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jonathan Jayes-GreenJONATHAN JAYES-GREEN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Tony MestresTONY MESTRES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Cecilia GarzaCECILIA GARZA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Icela PelayoICELA PELAYO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Maria Del Socorro PesqueiraMARIA DEL SOCORRO PESQUEIRA
AT LARGE - OFFICER
- Total calculated
- $0
- Hours/week
- 1
-
Raul MoasRAUL MOAS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Sam ZamarripaSAM ZAMARRIPA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Midy AponteMIDY APONTE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Eli VelasquezELI VELASQUEZ
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Manuel SantamariaMANUEL SANTAMARIA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Ana Marie ArgilagosANA MARIE ARGILAGOS
PRESIDENT & CEO
- Total calculated
- $304,127
- From this org
- $293,693
- From related orgs
- $0
- Other
- $10,434
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $292,693
- Bonus
- $1,000
- Other
- $0
- Deferred
- $10,364
- Nontaxable benefits
- $70
- Filer's total
- $304,127
-
Catterina OlazabalCATTERINA OLAZABAL
CHIEF FINANCIAL OFFICER
- Total calculated
- $222,825
- From this org
- $193,700
- From related orgs
- $0
- Other
- $29,125
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $190,700
- Bonus
- $3,000
- Other
- $0
- Deferred
- $5,613
- Nontaxable benefits
- $23,512
- Filer's total
- $222,825
-
Jorge CalderonJORGE CALDERON
MANAGING DIRECTOR
- Total calculated
- $177,641
- From this org
- $177,000
- From related orgs
- $0
- Other
- $641
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $173,000
- Bonus
- $4,000
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $641
- Filer's total
- $177,641
-
Amalia Greenberg DelgadoAMALIA GREENBERG DELGADO
VP OF PROG. & STRATEGY (THRU. 10/22)
- Total calculated
- $164,372
- From this org
- $140,000
- From related orgs
- $0
- Other
- $24,372
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $139,000
- Bonus
- $1,000
- Other
- $0
- Deferred
- $4,258
- Nontaxable benefits
- $20,114
- Filer's total
- $164,372
-
Jazmin ChavezJAZMIN CHAVEZ
VP OF PUBLIC AFFAIRS
- Total calculated
- $154,721
- From this org
- $148,700
- From related orgs
- $0
- Other
- $6,021
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $147,700
- Bonus
- $1,000
- Other
- $0
- Deferred
- $5,951
- Nontaxable benefits
- $70
- Filer's total
- $154,721
-
Brenda VadenBRENDA VADEN
DIRECTOR OF DEVELOPMENT
- Total calculated
- $152,249
- From this org
- $126,000
- From related orgs
- $0
- Other
- $26,249
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $125,000
- Bonus
- $1,000
- Other
- $0
- Deferred
- $3,309
- Nontaxable benefits
- $22,940
- Filer's total
- $152,249
-
Rocio AvalosROCIO AVALOS
DIRECTOR OF PEOPLE AND OPERATIONS
- Total calculated
- $142,294
- From this org
- $122,800
- From related orgs
- $0
- Other
- $19,494
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 7 · Other non-fixed payments
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 7
- ALL BONUSES ARE DISCRETIONARY. THE PRESIDENT'S BONUS IS DECIDED BY THE BOARD OF DIRECTORS AND THE OTHERS ARE DECIDED AND AWARDED BASED ON REVIEW BY THE PRESIDENT.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$925,839
JUSTICE FOR MIGRANT WOMEN
-
POWER BUILDING AND JUSTICE
-
POWER BUILDING AND JUSTICE
-
BLACK LIVES MATTER PHOENIX METRO
$200,000
POWER BUILDING AND JUSTICE
-
$200,000
POWER BUILDING AND JUSTICE
-
POWER BUILDING AND JUSTICE
-
$200,000
MIGRATION
-
$200,000
POWER BUILDING AND JUSTICE
-
$200,000
POWER BUILDING AND JUSTICE
-
$200,000
POWER BUILDING AND JUSTICE
The 10 largest by cash amount. The API serves every itemized grant.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
HIP-LATINOAMERICA AC
EQUIVALENT · FACILITATE THE WORK OF HIP US AND PROMOTE DEVELOPMENT OF LATIN AMERICA · MX
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 14 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202323189349318182
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.