NonprofitsUnited States Hispanic Chamber Of Commerce Educational Fund

Education

United States Hispanic Chamber Of Commerce Educational Fund

WASHINGTON, DC

Total revenue

$1.6M

Total expenses

$1.8M

Net assets

$4.1M

Grants received

$2.7M

11 grants

EIN

823593693

Tax year

2024

Mission

To provide educational programs for hispanic business across the us.

Programs

7 programs

Supplier avanzando program is a cohort-based program designed for certified suppliers looking to compete successfully in the supply chain landscape and learn the skills necessary to meet complex supplier requirements, domestically and internationally.

Expenses: $345K

Mbda capital readiness program provides targeted technical assistance and programming for small businesses and entrepreneurs seeking to scale their businesses with various forms of capital, facilitates introductions with government programs, such as state small business credit initiative (ssbci), and accelerates the capacity and growth of small businesses in line with the mission of our organization and that of the capital readiness program.

Expenses: $293KGrants: $190K

Chamber community grant program partners with organizations committed to supporting the small business and entrepreneur ecosystem through chamber investments with local chambers.

Expenses: $110KGrants: $110K

Avanzar ("to advance" in spanish) is a six- to eight-month business accelerator program designed to take hispanic businesses to the next level with curated skills-building sessions, resources, tools, and an action plan to position participants for success. Avanzar participants will come away with an updated business plan, knowledge of how best to access capital for their business, and workshops aimed at strengthening operations and marketing capabilities to support their vision of scaling their business.avanzar was launched in 2019 thanks to the investment and partnership of wells fargo. Since 2019, avanzar has expanded to support hispanic businesses in additional cities and regions, thanks to support from usaa and philip morris international, who have joined wells fargo in the mission to advance hispanic businesses ready to grow with avanzar.

Expenses: $110KGrants: $100K

In her footsteps is a movement to highlight latina leadership through personal stories of triumph, inspiration, and resilience. This initiative aims to provide the community with helpful information, resources, and strategies to support entrepreneurs and executives through the contributions of latina leaders across all sectors.in her footsteps was initially launched in 2018, thanks to the partnership and community investments of bank of america to develop a podcast to feature latina executives from all sectors to share what it's like to follow in her footsteps. The podcast has since become a digital series launching later this year and will feature 10 latina entrepreneurs on what they have learned running and growing a business, including topics such as access to capital and balancing their family and business needs.the ushcc educational fund is looking to expand its programming to address opportunities to uplift latinas across all sectors and develop a space to nurture and support their journey.

Expenses: $16K

The ushcc green builds business program seeks to offer hispanic businesses to become green suppliers and being part of the solution to transform the supply chain with proven green best practices. Program participants receive business coaching on how to identify, design, and implement green projects with an aim to achieve a triple bottom line of results that lower costs, reduce environmental impacts, and support the well-being of communities. This program was launched with the support of toyota committed to greening the supply chain at their organization and by investing in hispanic suppliers interested to learn how to integrate green best practices into their business operations.

Expenses: $14K

Others

Expenses: $234KGrants: $7K

Financials

FY 2024

Revenue

Contributions & grants$1.6M
Program service revenue
Investment income$7K
Other revenue
Total revenue$1.6M

Expenses

Grants paid$872K
Salaries & benefits
Fundraising$55K
Other expenses$923K
Total expenses$1.8M
Total assets$4.6M
Net assets$4.1M

People

16 listed

NameRoleCompensation

RAMIRO A CAVAZOS

PRESIDENT & CEO

Board

5 hrs/wk

MONIKA MANTILLA

CHAIRWOMAN OF THE BOARD

Board

1 hrs/wk

ALICE RODRIGUEZ

BOARD MEMBER

Board

1 hrs/wk

BETTY MANETTA

BOARD MEMBER

Board

1 hrs/wk

CARLOS BECERRA

BOARD MEMBER

Board

1 hrs/wk

DANIEL GALINDO

BOARD MEMBER

Board

1 hrs/wk

JACKIE PUENTE

BOARD MEMBER

Board

1 hrs/wk

JUAN CARLOS LISCANO

BOARD MEMBER

Board

1 hrs/wk

KATHLEEN MARTINEZ

BOARD MEMBER

Board

1 hrs/wk

NELSON REYNERI JR

BOARD MEMBER

Board

1 hrs/wk

RAUL SALINAS

GENERAL COUNSEL

Board

1 hrs/wk

ROSA SANTANA

BOARD MEMBER

Board

1 hrs/wk

RUBEN BARRALES

BOARD MEMBER (ENDED 7/24)

Board

1 hrs/wk

YAMMEL SANCHEZ-OCANA

BOARD MEMBER

Board

1 hrs/wk

FELIPE UGALDE

CHIEF OPERATING OFFICER

Board

10 hrs/wk

EVELYN BARAHONA

SVP USHCC EDUCATIONAL FUND

Staff

40 hrs/wk

Grants received

Showing 11 of 11

FromAmountPurposeYear
$295K
COMMUNITY SERVICE PROGRAMS
2024
$25K
REDUCED HEALTH DISPARITY IN UNDERSERVED COMMUNITIES.
2024
$500K
ORGANIZATION'S CHARITABLE PURPOSE
2023
$25K
Educational Fund Program Support Latinas
2023
$976K
COMMUNITY SERVICE PROGRAMS
2022
$475K
CHARITABLE DONATION
2022
$100K
PROJECT SUPPORT FOR LGBTQ ISSUES
2022
$10K
SEE PART IV
2022

Funded by

$2.7M from 9 funders · 11 grants · 2020–2024

Round It Up America Inc

$1.3M · 2 grants · 2022–2024

The Kroger Co Foundation

$500K · 1 grant · 2023

Charities Aid Foundation America

$475K · 1 grant · 2022

Gill Foundation

$100K · 1 grant · 2022

Comerica Charitable Foundation

$25K · 1 grant · 2023

Details

EIN823593693
NTEE codeB01
Subsection03
Ruling date2018-09
Formed2017
Employees0
Volunteers14
UNITED STATES HISPANIC CHAMBER OF COMMERCE EDUCATIONAL FUND — Mission, Financials & Grants Received | Grantivo