Philanthropy, Voluntarism, and Grantmaking

Hispanic Foundation of Silicon Valley

  • San Jose, CA
  • www.HFSV.org

Mission Statement

The Hispanic Foundation of Silicon Valley is a public foundation dedicated to inspiring community philanthropy and engaging people to invest in the educational achievement and leadership development of a thriving Hispanic community in Silicon Valley.

Main Programs

  1. Annual Hispanic Foundation Ball
  2. Silicon Valley Latino Report Card/ Nuestro Futuro
  3. Stepping Up To Algebra/Math Acceleration Program
  4. Latino Board Leadership Academy
  5. Parent Education Academy
Service Areas

Self-reported

California

HFSV serves the Silicon Valley region of California.

ruling year

1998

Principal Officer since 2009

Self-reported

Mr. Ron Gonzales

Keywords

Self-reported

Promote philanthropy, general Non-profit support/assistance, Philanthropic leadership

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Also Known As

HFSV

EIN

77-0481921

 Number

5428831352

Contact

Cause Area (NTEE Code)

Public Foundations (T30)

IRS Filing Requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Programs + Results

How does this organization make a difference?

Programs

Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Program 1

Annual Hispanic Foundation Ball

Once a year, the Foundation hosts an annual fundraising gala at The Fairmont Hotel, San Jose. The full net proceeds raised from this event go to support organizations that provide opportunities for Hispanic children and families in the local community. We also honor a family, whose diverse and extensive community involvement has earned them recognition from their communities. A large part of this event also involves working with volunteers, especially young adults from all over the Silicon Valley, to expose them to local community leadership, community service and local community philanthropy.

Category

None

Population(s) Served

Hispanics

None

None

Budget

Program 2

Silicon Valley Latino Report Card/ Nuestro Futuro

The Report Card will focus on five quality of life areas: health, education, the economy, energy efficiency, and housing. These areas were chosen because (1) they are critical to the advancement of Latinos and the region, and (2) they are aligned with the current focus areas of HFSV.
Approximately four to five indicators will be displayed under each quality of life area. Whenever feasible, regional data will be contextualized by making comparisons to state and national trends. How Latinos perform on these indicators, and how those data compare to state and national trends, will factor into the grades that will be assigned to each quality of life area.

Category

None

Population(s) Served

Hispanics

None

None

Budget

Program 3

Stepping Up To Algebra/Math Acceleration Program

The issues affecting Hispanic student achievement are well chronicled, including the lack of quality affordable pre-school education, low English reading comprehension, lack of role models, and low enrollment in high school math and science courses needed for college. These are just a few of the factors contributing low numbers of Hispanics pursuing hi-tech careers. San Jose is the nation’s tenth largest city, and we pride ourselves as the “Capital of Silicon Valley.” The Hispanic population of Silicon Valley is close to 30%, yet our representation in the ranks of local hi-tech firms is far below that level. The Foundation strongly believes that the future of our Hispanic community in Silicon Valley, California, and the nation depends on the current generation of students being more successful in the science, technology, engineering, and mathematics (STEM(http://svefoundation.org/svefoundation/howwehelp/stem_suta.php) ) curriculum. To this end we are pursuing partnerships with other foundations, corporations, and business, education and community leaders to address the enrollment and graduation rates of Hispanic students in these fields.

Category

Education

Population(s) Served

Hispanics

Budget

Program 4

Latino Board Leadership Academy

Hispanic philanthropy is driven by a sense of connection to la Comunidad-- a network of friends, neighbors, and the broader Hispanic community. A study conducted by the Hispanic Foundation found Latinos greatly under-report their volunteer activity. For Hispanics who volunteered, the number of hours spent volunteering each month was highest among all ethnic groups studied. However, Latinos do not yet have a leadership role in the region’s nonprofit and philanthropic sectors. To address the leadership gap and to better understand the level of Latino board leadership needs of Silicon Valley nonprofits, HFSV has been working with professional associations and nonprofit leaders. While 85% of organizations who participated in a survey indicated that their organizations want greater Hispanic representation on their boards, 65% reported difficulty in recruiting from this segment of the population. The HFSV has been working with professional associations and nonprofit leaders to develop a comprehensive program designed to recruit and train Latinos to serve as potential board members, place them on the boards of non-profit organizations whose missions best match their personal interests, and conduct follow-up to ensure that placements meet the needs of the new Latino trustees and organizations whose boards they join. The focus on Latino professionals, combined with the purposeful implementation of comprehensive follow-up, differentiates the Latino Board Leadership Academy from other outstanding community leadership development initiatives.

Category

Civil Rights, Social Action & Advocacy

Population(s) Served

Hispanics

Budget

Program 5

Parent Education Academy

With the Parent Education Academy (PEA), the HFSV has partnered with the Parents Institute for Quality Education (PIQE) to prepare Latino parents to support their children to achieve greater educational success. Both the HFSV and PIQE want to engage parents and family members to be leaders guiding their children towards high school and college graduation. Obtaining both a high school and college diploma is the path to a fulfilling and fruitful career in the Silicon Valley job market.

Category

None

Population(s) Served

None

None

None

Budget

Service Areas

Self-reported

California

HFSV serves the Silicon Valley region of California.

Social Media

External Reviews

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Financials

Financial information is an important part of gauging the short- and long-term health of the organization.

HISPANIC FOUNDATION OF SILICON VALLEY
Fiscal year: Jan 01-Dec 31

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Operations

The people, governance practices, and partners that make the organization tick.

Hispanic Foundation of Silicon Valley

Leadership

NEED MORE INFO ON THIS NONPROFIT?

Free: Gain immediate access to the following:
  • Address, phone, website and contact information
  • Forms 990 for 2014, 2013 and 2012
  • Board Chair and Board Members
  • Access to the GuideStar Community
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Principal Officer

Mr. Ron Gonzales

Governance

BOARD CHAIR

Jorge Titinger

SGI

BOARD LEADERSHIP PRACTICES

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RESPONSE NOT PROVIDED

BOARD ORIENTATION & EDUCATION

Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations?


RESPONSE NOT PROVIDED

CEO OVERSIGHT

Has the board conducted a formal, written assessment of the chief executive within the past year?


RESPONSE NOT PROVIDED

ETHICS & TRANSPARENCY

Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year?


RESPONSE NOT PROVIDED

BOARD COMPOSITION

Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership?


RESPONSE NOT PROVIDED

BOARD PERFORMANCE

Has the board conducted a formal, written self-assessment of its performance within the past three years?