Hispanics in Philanthropy

“The bylaws were updated and approved in february 2019 to add clarifying language regarding types of memberships specifying that only individual members who have voting rights shall be considered members within the meaning of section 5056 of california nonprofit law. Other updates include increased number of voting board of directors; originally from 13 to 19 the change is to increase directors from 13 to 21 and updated language on powers according to the law.”

“Any person eighteen years of age or older who is dedicated to the purpose of the corporation and either (i) employed as an officer of the corporation or as a bank trust officer or as a staff member of a grantmaking foundation, corporation, or organization, or professional association of grantmakers, or (ii) serves as a trustee or a director responsible for allocation of philanthropic grants of a corporation, religious organization, or any other type of grantmaking organization of philanthropic institution may apply to become a member within the meaning of section 5056 of california nonprofit law.”

“Each member in good standing shall be entitled to one vote on each matter submitted to a vote of the members. Each member of the corporation has the right to inspect the books, records and membership lists of the corporation for purposes reasonably related to the person's interest as a member. Each member also has a right to inspect the financial records of the corporation upon written request.”

“Each member in good standing shall be entitled to one vote on each matter submitted to a vote of the members. Members may vote on a slate of board members up for nomination, members may also vote to approve substantial changes to portions of the bylaws that impact membership and membership rights.”

“Hispanics in philanthropy's (hip) chief financial officer reviews the form 990 prepared by the external preparer, then submits to the president, treasurer and finance committee for review. Upon completion of review, the report is then submitted to the executive committee for review. The form is also distributed to the full board of directors for review and comment prior to filing with the irs.”

“Annually board members review the conflict of interest policy and sign a confirmation indicating that they have read and understood the policy. The policy is also part of the board handbook, which is reviewed with new board members during their orientation. Staff receives the forms from board members, if a conflict is noted the staff share the statement with the board chair who brings the topic for discussion at the next executive committee meeting. The executive committee review the potential conflict, and vote whether a restriction needs to be imposed. The person with the conflict is not allowed to be part of the vote, and must excuse themselves from the discussion part of the meeting and is also not present during the vote.”

“The executive committee reviews president's compensation by conducting a market salary review from time to time. This information is made available at the time the committee is conducting annual performance and salary reviews. This process was last performed in september 2019. The president reviews compensation of the chief financial officer by conducting a market salary review from time to time. The compensation and performance evaluation process of the chief financial officer is evaluated annually. Compensation was last reviewed in september 2019.”

“Hispanics in philanthropy will make its governing documents, conflict of interest policy and financial statements available upon request.”

“Hispanic in philanthropy's mission is to increase latino leadership, influence, and equity by leveraging philanthropic resources throughout the us and latin america. Our vision is for latinos to achieve power, social justice and shared prosperity across the americas. Hip's core values of equity, leadership and voice shape its culture and act as a filter and compass for internal and external decision-making and priority-setting-within a transnational mindset.”

“Volunteers include board members and individuals supporting the leadership conference held in d.c. Estimated number of hours is 200 and includes volunteers supporting the 3 day leadership conference event, as well as support from board and board committee members.”

“Hispanics in philanthropy expanded its program and activities to include work at the us southern border and issues concerning migration and forced displacement.”

“Hispanic in philanthropy's mission is to increase latino leadership, influence, and equity by leveraging philanthropic resources throughout the us and latin america. Our vision is for latinos to achieve power, social justice and shared prosperity across the americas. Hip's core values of equity, leadership and voice shape its culture and act as a filter and compass for internal and external decision -making and priority-setting-within a transnational mindset.”