Hispanic Scholarship Fund

Hispanic Scholarship Fund Overview

Hispanic Scholarship Fund is located in Gardena, CA. The organization was established in 1976. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. As of 03/2021, Hispanic Scholarship Fund employed 57 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 03/2021, Hispanic Scholarship Fund generated $86.6m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.7% each year . All expenses for the organization totaled $36.5m during the year ending 03/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2019, Hispanic Scholarship Fund has awarded 251 individual grants totaling $34,164,178. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

HISPANIC SCHOLARSHIP FUND AWARDS SCHOLARSHIPS TO OUTSTANDING HISPANIC STUDENTS IN THE UNITED STATES, PUERTO RICO AND UNITED STATES VIRGIN ISLANDS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SCHOLARSHIPS - THE FUND ADMINISTERS SCHOLARSHIPS FUNDED BY DONATIONS FROM FOUNDATIONS,CORPORATIONS AND INDIVIDUALS.


SUPPORT SERVICES - THE FUND PROVIDES FREE BILINGUAL, TWO HOUR AND HALF DAY, COLLEGE PREPARATION PROGRAMS HELD IN VARIOUS CITIES ACROSS THE COUNTRY,DESIGNED TO HELP MIDDLE AND HIGH SCHOOL STUDENTS AND THEIR PARENTS PREPARE, PLAN, AND PAY FOR COLLEGE. ADDITIONAL MULTIDAY PROGRAMS FOR SELECTED HSF SCHOLARS PROVIDE LEADERSHIP TRAINING, NETWORKING, PROFESSIONAL DEVELOPMENT AND OPPORTUNITIES TO INTERVIEW FOR INTERNSHIPS AND FULL-TIME EMPLOYMENT POSITIONS. IN ADDITION, THROUGH ITS ONLINE PORTAL, HSF PROVIDES FREE INFORMATION AND RESOURCES TO VISITORS, INCLUDING POTENTIAL SCHOLARSHIP APPLICANTS AND THEIR PARENTS, CURRENT SCHOLARS, AND ALUMNI, ON A RANGE OF TOPICS RELATED TO COLLEGE AND THE TRANSITION FROM COLLEGE TO PROFESSION.


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Hispanic Scholarship Fund Board, Officers & Key Employees

Hispanic Scholarship Fund Vendors

Vendor Name (Service)Compensation
The Boston Consulting Group Inc
Consulting Project Mgmt
$2,400,000
Mission Cloud Services Inc
Web Hosting Fees & Support
$175,534
Amazoncom
Web Hosting & Tech Equipment
$255,064
Redstone La I Llc
Lease Expense
$597,463
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$100,000
Related organizations$0
Government grants $1,081,192
All other contributions, gifts, grants, and similar amounts not included above$77,816,734
Noncash contributions included in lines 1a–1f $37,607
Total Revenue from Contributions, Gifts, Grants & Similar$78,997,926
Total Program Service Revenue$0
Investment income $1,481,409
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $6,211,377
Net Income from Fundraising Events -$77,712
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $86,613,000

Hispanic Scholarship Fund Grants Awarded

Over the last fiscal year, Hispanic Scholarship Fund has awarded $5,587,706 in support to 105 organizations.

Grant RecipientAmount

THE TRUSTEES OF COLUMBIA UNIVERSITY IN THE CITY OF NEW YORK

Org PageRecipient Profile

New York, NY

PURPOSE: TO PROVIDE SCHOLARSHIPS FOR STUDENTS

$427,677

THE BOARD OF TRUSTEES OF THE LELAND STANFORD UNIVERSITY

Org PageRecipient Profile

Redwood City, CA

PURPOSE: TO PROVIDE SCHOLARSHIPS FOR STUDENTS

$423,214

THE UNIVERSITY OF TEXAS AT AUSTIN

PURPOSE: TO PROVIDE SCHOLARSHIPS FOR STUDENTS

$237,226

PRESIDENT AND FELLOWS OF HARVARD COLLEGE

Org PageRecipient Profile

Cambridge, MA

PURPOSE: TO PROVIDE SCHOLARSHIPS FOR STUDENTS

$232,765

NEW YORK UNIVERSITY

Org PageRecipient Profile

New York, NY

PURPOSE: TO PROVIDE SCHOLARSHIPS FOR STUDENTS

$224,319

UNIVERSITY OF SOUTHERN CALIFORNIA

Org PageRecipient Profile

Los Angeles, CA

PURPOSE: TO PROVIDE SCHOLARSHIPS FOR STUDENTS

$213,597
View Grant Profile

Hispanic Scholarship Fund Grants Recieved

Over the last fiscal year, we have identified 31 grants that Hispanic Scholarship Fund has recieved totaling $23,230,433.

Awarding OrganizationAmount
United Negro College Fund Inc

Washington, DC

PURPOSE: GRANTS & SCHOLARSHIPS

$16,852,484
Lilly Endowment Inc

Indianapolis, IN

PURPOSE: HISPANIC CAREER PATHWAYS INITIATIVE

$5,000,000
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: GENERAL SUPPORT

$375,000
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: GENERAL SUPPORT

$375,000
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: GENERAL SUPPORT

$250,000
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: GENERAL SUPPORT

$250,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$16,758,939
Earnings$4,114,626
Net Contributions$3,000
Other Expense$872,185
Ending Balance$20,004,380

Hispanic Scholarship Fund Peer Organizations

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