Hispanic Finance Association

Private foundation · Grantmaker Austin, TX EIN: 87-2195271

Hispanic Finance Association is a private foundation focused on Education, based in Austin, TX. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $16K in total assets. In 2024, it awarded 9 grants totaling $5K.

Key facts about Hispanic Finance Association

In short: Hispanic Finance Association gave $5K across 9 grants in 2024 (avg $500), top state Utah. Source: 2024 IRS Form 990-PF.

EIN
87-2195271
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$4,500
Grants made (2024)
9
Average grant
$500
Median grant
$500
Total assets
$16,321
Primary geography
Utah (48% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$16K

-0.2% YoY

Annual Giving

$5K

-40.0% YoY

Grant Count

9

-25.0% YoY

Avg Grant Size

$500

-20.0% YoY

Under IRS private-foundation payout rules, Hispanic Finance Association reported a distributable amount of $633 for 2024 — the minimum it must pay out in qualifying distributions.

How Hispanic Finance Association gives

  • In 2024 it paid out 890% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

10states

Share of 2024 grant dollars across all 9 itemized grants.

Cities

Chapel HillChevy ChaseFarmingtonFrederickGainesvilleIndependenceMemphisMiamiOremOrlandoPalm SpringsPittsburgProvoRoswellScottsdaleWarsaw

Giving Over Time

Total grant dollars and number of grants per year

$0$2K$4K$6K$8K0 grants2022 12 grants2023 9 grants2024

From 2023 to 2024, annual grant giving ranged from $5K (2024) to $8K (2023). In 2024 it made 9 grants totaling $5K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

21 grants across all recorded years

21<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 21 grants of 21 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
9 individual scholarships Recipients not named —$4,500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
$0$10K$20K$30K2022 2023 2024
Metric202420232022
Total Assets$16,321$16,349$16,385
Revenue$10,018$13,000$21,505
Expenses$10,046$13,036$5,120
Qualifying Distributions$5,633$8,798$6,108
Distributable Amount$633$762$369

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2022–2024

Leadership & Key People

Officers and directors from IRS filings

Hispanic Finance Association is led by Adam Linares, CEO since 2024 (on filings since 2023); none of the 5 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Adam Linares

    CEO

    Director → CEO, 2024

    On filings since 2023

    5 hrs/week

    $500 (2023) → $0 (2024)

  • Chandler Sosa

    Director & CEO

    New on the 2024 filing

    5 hrs/week

    No compensation reported

  • Daniel Dada

    Director

    On filings since 2023

    5 hrs/week

    $500 (2023) → $0 (2024)

  • Ari Yonker

    Director

    New on the 2024 filing

    5 hrs/week

    No compensation reported

  • Brendan McKearny

    Director

    New on the 2024 filing

    5 hrs/week

    No compensation reported

Former officers (5)
  • Former: Alex Hanks (2023) — CEO
  • Former: Alexis Cisneros (2023) — Director
  • Former: Jack Lum (2022) — Director & Founder
  • Former: John Lum (2022) — Director
  • Former: Rosa Lum (2022) — Director

Data from IRS Form 990 filings, 2022–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2023 IRS filing

Adam Linares — Director: $500Adam LinaresDirector$500Daniel Dada — Director: $500Daniel DadaDirector$500Alex Hanks — CEO: $500Alex HanksCEO$500Alexis Cisneros — Director: $500Alexis CisnerosDirector$500

The highest reported compensation on the 2023 filing was $500, to Adam Linares (Director). 4 officers or directors reported compensation on that filing.

Frequently asked questions about Hispanic Finance Association

How much does Hispanic Finance Association give each year?

Hispanic Finance Association gave $5K across 9 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $8K across 12 grants.

What is Hispanic Finance Association's typical grant size?

Hispanic Finance Association's median grant in 2024 was $500, and its average grant was $500, across 9 grants on its 2024 IRS Form 990-PF.

Where does Hispanic Finance Association give grants?

Hispanic Finance Association's top state is Utah, with 48% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Florida (44%) and Indiana (7%).

Does Hispanic Finance Association give general operating support?

Not in 2024: none of the 9 grants with a stated purpose on Hispanic Finance Association's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (9 grants).

How large is Hispanic Finance Association?

Hispanic Finance Association reported $16K in total assets on its 2024 IRS Form 990-PF. It paid out $6K in qualifying distributions that year, against a required minimum of $633 (roughly 5% of its investment assets).

What is Hispanic Finance Association?

Hispanic Finance Association is a private foundation focused on Education, based in Austin, TX. It holds $16K in total assets as of 2024.

What is Hispanic Finance Association's EIN?

Hispanic Finance Association's EIN (Employer Identification Number) is 87-2195271. IRS Form 990 filing data is available on this page for 2022–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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