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California · Nonprofit

HISPANICS IN PHILANTHROPY

HISPANICS IN PHILANTHROPY (California) receives grants from 172 organizations whose IRS filings report $74,954,110 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($17,534,000). 98 of them have funded it in more than one year.

Revenue FY2024
$6.4M
Funders on record
172
Grants received
$75M
Net assets
$14M
98/172 repeat fundersgrants exceed reported revenue in one year
01What it does

What Hispanics in Philanthropy does

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.

As stated on its FY2024 Form 990.

Programs

  1. Hip grant making works with a number of partners to provide grants to organizations in the us, latam, and the caribbean doing work to educate and support local communities.

    $2,726,531 spentof which $1,990,734 as grants
    27% of program spending
  2. Inicio ventures is a program with a three pillar approach of investing, developing and connecting startups.

    $1,257,209 spentof which $90,000 as grants
    12% of program spending
  3. Hipgive is a 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.

    $393,521 spentof which $238,142 as grants
    4% of program spending
  4. Support Hispanics in Philanthropy's mission and values: including our member network, annual conference, and lderes fellowship.

    $5,734,199 spentof which $2,063,804 as grants$1,288,026 earned by the program
    57% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $10,111,460.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($5.3M) Expenses 100 ($5.2M) Net assets 100 ($8.2M)2018 Revenue 100 ($5.3M) Expenses 120 ($6.2M) Net assets 86 ($7.0M)2019 Revenue 293 ($16M) Expenses 154 ($8.0M) Net assets 183 ($15M)2020 Revenue 586 ($31M) Expenses 430 ($22M) Net assets 309 ($25M)2021 Revenue 383 ($20M) Expenses 309 ($16M) Net assets 364 ($30M)2022 Revenue 273 ($15M) Expenses 360 ($19M) Net assets 290 ($24M)2023 Revenue 284 ($15M) Expenses 365 ($19M) Net assets 250 ($20M)2024 Revenue 121 ($6.4M) Expenses 257 ($13M) Net assets 168 ($14M)
'17'18'19'20'21'22'23'24
Revenue (121)Expenses (257)Net assets (168)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $16M to $28M (+83%).

$10M
$10M
$16M
$28M
$33M
$27M
$26M
$17M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 0% · 2018 0% · 2020 1%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.

$129k
’17
−$878k
’18
$7.6M
’19
$8.9M
’20
$4.3M
’21
−$4.1M
’22
−$3.8M
’23
−$6.9M
’24
2.2
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Ana Marie Argilagos

President & CEO

Board chair

Hector Mujica

Chair

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed2121262628282732
Joined·+2+10+8+5+7+7+8
No longer listed·2583783
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 32 funders to 80 funders, grant income rose $1.4M → $10M.

36 of 172 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 37% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of HISPANICS IN PHILANTHROPY’s funders (the co-funder graph). Top 30 of 172 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

HISPANICS IN PHILANTHROPY has a broad base — no single funder exceeds 23% of grant income, and it takes 6 funders to reach half.

the vertical line marks half of all grant income — 6 funders to its left

50% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund HISPANICS IN PHILANTHROPY.

23%
largest funder
38%
top three
~13
effective funders

Largest funder’s share by year: 2017 49% · 2018 30% · 2019 59% · 2020 22% · 2021 58% · 2022 10% · 2023 24% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

47% of HISPANICS IN PHILANTHROPY's funders are still giving 3 years after their first grant; 57% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

HISPANICS IN PHILANTHROPY draws 64% of its grant income from funders outside California, across 22 states in all.

WA
MN
IL
MI
NY
MA
OR
IN
OH
PA
NJ
CA
CO
MO
MD
DE
AR
NC
DC
OK
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
California out of state home

Funder states come from each funder’s own filing. $28M arriving through sponsors registered in 21 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Organizations like HISPANICS IN PHILANTHROPY

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In California

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

76% of spending goes to programs.

Program 76%Management 14%Fundraising 10%

Governance

22
board members
95%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

84%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 18 states

MN
IL
MI
NY
MA
NV
IN
PA
CT
CA
CO
AZ
NM
TN
NC
SC
TX
FL

Part of a family of 1 related entity

  • Hip-Latinoamerica Ac · exempt

Screen this organization

A dated, signed PDF of the compliance screen for HISPANICS IN PHILANTHROPY: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds HISPANICS IN PHILANTHROPY?
HISPANICS IN PHILANTHROPY (California) receives grants from 172 organizations whose IRS filings report $74,954,110 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($17,534,000). 98 of them have funded it in more than one year.
How many funders does HISPANICS IN PHILANTHROPY have?
IRS filings report 172 organizations giving $74,954,110 in grants to HISPANICS IN PHILANTHROPY, 98 of which have funded it in more than one year.
Who is the largest funder of HISPANICS IN PHILANTHROPY?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $17,534,000 in grants. The full list of funders is on this page.
How can an organization like HISPANICS IN PHILANTHROPY find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in California. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 172 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing