Hispanics in Philanthropy
Hispanics in Philanthropy (HIP) is a public charity based in San Francisco, California, formed in 1981. It mobilizes philanthropic resources and supports Latine communities through grantmaking, capacity building, network development, and programs that strengthen leadership and participation.
Key facts about Hispanics in Philanthropy
In short: Hispanics in Philanthropy gave $1.0M across 46 grants in 2024 (avg $22K), top state California. 70% of 2024 grantees were new. Source: 2024 IRS Form 990.
- EIN
- 94-3040607
- Latest 990 filing
- Form 990, 2024
- Annual giving (2024)
- $1,000,641
- Grants made (2024)
- 46
- Average grant
- $21,753
- Median grant
- $10,000
- New grantees (estimate)
- 70% first-time grantees (32 of 46, 2024)
- Total assets
- $17,296,226
- Primary geography
- California (15% of itemized 2024 grant dollars)
Data from IRS Form 990, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Financial Overview
From 2024 IRS Form 990 · View filing
Total Assets
$17.3M
-33.1% YoY
Annual Giving
$1.0M
+3.5% YoY
Grant Count
46
+109.1% YoY
Avg Grant Size
$22K
-50.5% YoY
Is Hispanics in Philanthropy open to new grantees?
70%
first-time grantees, 2024
In 2024, 32 of 46 grantees (70%) were first-time recipients. First grants averaged $24K; repeat grants $18K. How we count
Medians: $11K first-time, $10K repeat.
Estimate from itemized grant lists in IRS Form 990 filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
HIP states that it leverages philanthropic resources to mobilize and amplify the power of its communities. Its website identifies areas of work including racial equity, leadership, migration and forced displacement, power building and justice, entrepreneurship, climate justice, and gender equity. It also offers leadership, convening, and philanthropic advisory programs.
HIP says its grantmaking works with partners to provide grants to organizations in the United States, Latin America, and the Caribbean that educate and support local communities. The 2024 grants included awards designated for “Power Building & Justice,” “Inicio,” and “Climate Action/Colibri.”
Grantees’ stated missions illustrate the range of organizations supported. The State Democracy Project says it works to encourage increased citizen participation in elections and policymaking and more responsive government institutions. The Semilla Project says it prepares upcoming leaders and develops community solutions related to climate justice and racial and justice equity. Babson College says it educates entrepreneurial leaders; VCFamilia says it aims to create an inclusive environment for Latinx investors and founders; and P33 says it works to transform Chicago into a technology and innovation hub and promote inclusive economic growth. Movimiento Ananse says it amplifies Afro-descendant communities’ voices and culture through cultural programs and multimedia platforms.
Grantmaking
In 2024, HIP reported 46 grants totaling $1,000,641. Grant amounts ranged from $6,112 to $100,000, with a median of $10,000.
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Geographic Focus
Where this funder awards grants
HIP describes its work and network as extending across the United States, Latin America, and the Caribbean. Its funder-and-grantee network page reports a footprint across 18 countries in those regions. In 2024, the largest shares of grant dollars by recipient state were California (15%), New York (13%), Arizona (11%), Massachusetts (10%), and New Mexico (10%).
Grant Distribution by State
Share of 2024 grant dollars across all 46 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $967K (2023) to $9.0M (2020). In 2024 it made 46 grants totaling $1.0M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was State Democracy Project ($100K). Together the top 10 received $591K.
Grant Size Distribution
432 grants across all recorded years
The most common grant size was under $50K: 319 grants of 432 (74%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| State Democracy Project Brooklyn, NY | Power Building & Justice | $100,000 |
| The Semilla Project Albuquerque, NM | Power Building & Justice | $100,000 |
| Trans Queer Pueblo - Semilla De Liberacio Phoenix, AZ | Power Building & Justice | $100,000 |
| Babson College Babson Park, MA | INICIO | $50,000 |
| Geekdom LC San Antonio, TX | INICIO | $50,000 |
| The Latina Circle Wellesley, MA | INICIO | $50,000 |
| Wefunder Inc San Francisco, CA | INICIO | $35,500 |
| P33 Chicago, IL | INICIO | $35,000 |
| Puerto Rico Science Technology and Research Trust San Juan, PR | INICIO | $35,000 |
| Vcfamilia San Fransisco, CA | INICIO | $35,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants reported |
|---|---|---|---|---|
| 2024 | $17,296,226 | $6,408,332 | $13,333,593 | $1,000,641 |
| 2023 | $25,856,775 | $15,078,212 | $18,914,781 | $966,885 |
| 2022 | $27,478,627 | $14,516,244 | $18,662,601 | $4,833,388 |
The 2024 grant total covered 46 grants; the 2023 and 2022 grant totals covered 22 and 65 grants, respectively.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $17,296,226 | $25,856,775 | $27,478,627 |
| Revenue | $6,408,332 | $15,078,212 | $14,516,244 |
| Expenses | $13,333,593 | $18,914,781 | $18,662,601 |
| Net Investment Income | $378,769 | $605,024 | $189,136 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 14, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 15, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 17, 2025)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
Officers and directors listed on the 2024 filing include Ana Marie Argilagos, President & CEO; Hector Mujica, Chair; Christine Switzer, Vice Chair; Hilda Polanco, Treasurer through November 2024; Efrain Escobedo, Emeritus Chair; Marco Davis, At Large Officer; and board members Shawn Escofery, Midy Aponte, Eli Velasquez, and Tony Mestres.
Hispanics in Philanthropy is led by Ana Marie Argilagos, President & CEO since 2022 (on filings since 2020); 9 of 32 officers listed in 2024 are compensated.
Officers on the 2024 filing
Ana Marie Argilagos
President & CEO
President → President & CEO, 2022
On filings since 2020
40 hrs/week
$283K (2020) → $329K (2024)
Alice Hom
Executive Director & Change Philanthropy
On filings since 2023
40 hrs/week
$158K (2023) → $203K (2024)
Hector Mujica
Chair
Board Member → At-Large Officer, 2021
At-Large Officer → Chair, 2024
On filings since 2020
1 hr/week
No compensation reported
Jorge Calderon
Managing Director
On filings since 2022
40 hrs/week
$177K (2022) → $203K (2024)
Laura Lemus
Director & Funder Engagement
New on the 2024 filing
40 hrs/week
$127K (2024)
Catterina Olazabal
Former CFO
Chief Financial Officer → Former CFO, 2024
On filings since 2020
40 hrs/week
$156K (2020) → $140K (2024)
Jazmin Chavez
Vice President & Programs
Vice President → Vice President of Public Affairs, 2022
Vice President of Public Affairs → Vice President & Programs, 2024
On filings since 2020
40 hrs/week
$114K (2020) → $161K (2024)
Brenda Vaden
Vice President, Partnerships & Development
Director of Development → Development Director, 2023
Development Director → Vice President, Partnerships & Development, 2024
On filings since 2022
40 hrs/week
$126K (2022) → $151K (2024)
Heidy Gil
CFO
New on the 2024 filing
40 hrs/week
$207K (2024)
Hilda Vega
Vice President of Philanthropic Practice
New on the 2024 filing
40 hrs/week
$156K (2024)
Christine Switzer
Vice Chair
Board Member → Secretary, 2021
Secretary → Vice Chair, 2022
On filings since 2020
2 hrs/week
No compensation reported
Efrain Escobedo
Emeritus Chair
Vice Chair → Chair, 2021
Chair → Emeritus Chair, 2024
On filings since 2020
2 hrs/week
No compensation reported
Hilda Polanco
Treasurer
On filings since 2020
2 hrs/week
No compensation reported
Marco Davis
At Large Officer
Board Member → At Large Officer, 2024
On filings since 2020
1 hr/week
No compensation reported
Maria Del Socorro Pesqueira
Secretary
Board Member → At Large - Officer, 2022
At Large - Officer → Secretary, 2023
On filings since 2020
2 hrs/week
No compensation reported
Shawn Escofery
Board Member
On filings since 2020
1 hr/week
No compensation reported
Tony Mestres
Board Member
On filings since 2020
1 hr/week
No compensation reported
Icela Pelayo
Board Member
On filings since 2021
1 hr/week
No compensation reported
Jonathan Jayes-Green
Board Member
On filings since 2021
1 hr/week
No compensation reported
Raul Moas
Treasurer
Board Member → Treasurer, 2024
On filings since 2021
2 hrs/week
No compensation reported
Cecilia Garza
Board Member
On filings since 2022
1 hr/week
No compensation reported
Eli Velasquez
Board Member
On filings since 2022
1 hr/week
No compensation reported
Manuel Santamaria
Board Member
On filings since 2022
1 hr/week
No compensation reported
Maribel Cifuentes
Board Member
On filings since 2022
1 hr/week
No compensation reported
Midy Aponte
Board Member
On filings since 2022
1 hr/week
No compensation reported
Don Chen
Board Member
On filings since 2023
1 hr/week
No compensation reported
Pilar Paras
Board Member
On filings since 2023
1 hr/week
No compensation reported
Rosa Maria Castaneda
Board Member
On filings since 2023
1 hr/week
No compensation reported
Saul Valdez
Board Member
On filings since 2023
1 hr/week
No compensation reported
Cielo Castro
Board Member
New on the 2024 filing
1 hr/week
No compensation reported
Pedro Abramovay
Board Member
New on the 2024 filing
1 hr/week
No compensation reported
Stephanie Valencia
Board Member
New on the 2024 filing
1 hr/week
No compensation reported
Former officers (20)
- Former: Elizabeth Ghormley (2023) — Operations & Convening Director
- Former: Manny Santamaria (2023) — Board Member
- Former: Tenaja Jordan (2023) — Research & Comms Director
- Former: Amalia Greenberg Delgado (2020–2022) — Vice President of Program & Strategy
- Former: Elizabeth Campbell (2020–2022) — Board Member
- Former: Jennifer Chavez Rubio (2020–2022) — Board Member
- Former: Julio Copo Terres (2020–2022) — Secretary
- Former: Roy Cosme (2020–2022) — Vice Chair
- Former: Sam Zamarripa (2020–2022) — Board Member
- Former: Rocio Avalos (2021–2022) — Director of People & Operations
- Former: Cynthia Rivera Weissblum (2020–2021) — At-Large Officer
- Former: Gabriella Gomez (2020–2021) — Board Member
- Former: Kelley Bruner (2020–2021) — COO Justice4migrantwomen
- Former: Mary Skelton-Roberts (2020–2021) — Chair
- Former: Monica Ramirez (2020–2021) — President Justice4migrantwomen
- Former: Tara Sandercock (2020–2021) — Board Member
- Former: Glenda Monterroza (2021) — Board Member
- Former: Beatriz Sols (2020) — Board Member
- Former: Miguel Bustos (2020) — Board Member
- Former: Rafael Corts Dapena (2020) — Board Member
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $329K, to Ana Marie Argilagos (President & CEO). 9 officers or directors reported compensation on that filing.
Contact
Mailing address: 548 Market Street 60300, San Francisco, CA 94104
Phone: (415) 837-0427
Website: https://hipfunds.org
Frequently asked questions about Hispanics in Philanthropy
How much does Hispanics in Philanthropy give each year?
Hispanics in Philanthropy gave $1.0M across 46 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $967K across 22 grants.
What is Hispanics in Philanthropy's typical grant size?
Hispanics in Philanthropy's median grant in 2024 was $10,000, and its average grant was $21,753, across 46 grants on its 2024 IRS Form 990. Organizations receiving their first grant from Hispanics in Philanthropy that year got $24K on average.
Where does Hispanics in Philanthropy give grants?
Hispanics in Philanthropy's top state is California, with 15% of the grant dollars itemized on its 2024 IRS Form 990. The next largest states were New York (13%) and Arizona (11%). The most frequent recipient cities were Chicago, IL (4 grants), San Francisco, CA (3 grants), Miami, FL (3 grants) and Minneapolis, MN (2 grants).
Does Hispanics in Philanthropy give general operating support?
Not in 2024: none of the 46 grants with a stated purpose on Hispanics in Philanthropy's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "Hipgive" (17 grants), "Climate Action/Colibri" (11 grants) and "Fiscal Sponsorship - Change Philanthropy" (8 grants).
Who are Hispanics in Philanthropy's largest grantees?
Hispanics in Philanthropy's largest 2024 grantees include State Democracy Project ($100,000), The Semilla Project ($100,000) and Trans Queer Pueblo - Semilla De Liberacio ($100,000), according to its 2024 IRS Form 990. Together they received 30% of its itemized 2024 grant dollars.
How large is Hispanics in Philanthropy?
Hispanics in Philanthropy reported $17.3M in total assets on its 2024 IRS Form 990. Its revenue that year was $6.4M.
What does Hispanics in Philanthropy fund?
HIP states that it leverages philanthropic resources to mobilize and amplify the power of its communities. Its website identifies areas of work including racial equity, leadership, migration and forced displacement, power building and justice, entrepreneurship, climate justice, and gender equity. See mission & focus areas ↑
How do I apply for a grant from Hispanics in Philanthropy?
Hispanics in Philanthropy has no public application process in the sources Grantable reviewed. Check hipfunds.org for current guidelines, or contact the foundation directly before submitting a request.
What is Hispanics in Philanthropy's EIN?
Hispanics in Philanthropy's EIN (Employer Identification Number) is 94-3040607. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
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