Hispanics in Philanthropy

“Hispanics in philanthropy has a standing executive committee which meets regularly between board meetings to provide ongoing support, guidance, and approval of organizational business as needed by the executive leadership. The executive committee can act and approve any organizational needs within the confines of the executive committee's charter.”

“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 chief financial officer reviews the form 990 prepared by the external preparer, then submits to the president, treasurer and audit committee for review. Upon completion of review, the report is then 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 disclosure forms from board members, and 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 reviews 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 the 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 2021. 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 october 2021.”

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

“Volunteers include board members, emeritas directors, and individuals supporting the leadership conference or other events with an estimated number of hours at 250.”

“To continue hispanics in philanthropy's work centering in racial equity, new programs launched including power building and justice, and transforming philanthropic practicies which offers advisory services, research, and best practicies.”

“Program consultants: program service expenses 1,935,820. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,935,820. Temporary support services: program service expenses 131,848. Management and general expenses 10,462. Fundraising expenses 0. Total expenses 142,310. Coaching: program service expenses 68,585. Management and general expenses 10,551. Fundraising expenses 12,605. Total expenses 91,741.”