Hispanic Scholarship Fund
Public records show a registered, tax-exempt organization in good standing.
What it says it does
HSF EMPOWERS COURAGEOUS LEADERS WITH THE KNOWLEDGE AND RESOURCES TO SUCCESSFULLY COMPLETE THEIR CHOSEN PATH TO A MEANINGFUL JOB AND CAREER, WHILE PROVIDING SUPPORT SERVICES AND FINANCIAL RESOURCES TO AS MANY STUDENTS, PARTICIPANTS, PARENTS, HSF SCHOLARS AND ALUMNI AS POSSIBLE.
- Income
- $128.8 million
- Spending
- $76.4 million
- Spent on programs
- 96%
- Reserves
- 15.6 months of spending
- Largest source of income
- donations and private grants, 96%
- Employees
- 89
- Volunteers
- 2,163
- Highest pay
- $753,310, president & chief executive officer
Source: Form 990 for the year ending March 31, 2026, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 96 out of 100. Higher than 90% of charities in its peer group (education, over $100m).
Reserves
35 of 35Spendable reserves would cover 15.6 months of spending.
Debt
16 of 20It owes 24% of what it owns.
Living within its means
15 of 15Income exceeded spending by 41% of income.
Income trend
15 of 15Income rose 136% on the year before.
Spending floor
15 of 1596% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending March 31, 2026, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 41% of charities in its peer group (education, over $100m).
Independent board
25 of 2512 of 13 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending March 31, 2026, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (2)
- $26.4 million spent. SUPPORT SERVICES - HSF SUPPORT SERVICES ENABLES AND EMPOWERS STUDENTS, PARENTS, PARTICIPANTS, SCHOLARS, AND ALUMNI TO SET A COURSE FOR ACADEMIC AND CAREER SUCCESS. HSF PROVIDES FREE, MULTILINGUAL, COLLEGE PREPARATION PROGRAMS HELD VIRTUALLY, AND IN VARIOUS CITIES ACROSS THE COUNTRY, DESIGNED TO HELP STUDENTS AND THEIR PARENTS PREPARE, PLAN, AND PAY FOR COLLEGE. ADDITIONAL MULTI-DAY PROGRAMS FOR SELECTED HSF SCHOLARS, ALUMNI, AND LEADERS PROVIDE LEADERSHIP DEVELOPMENT, CAREER SERVICES, KNOWLEDGE BUILDING, COACHING, MENTORSHIP, AND WELLNESS AS WELL AS OPPORTUNITIES TO INTERVIEW FOR INTERNSHIPS AND FULL-TIME EMPLOYMENT POSITIONS. IN ADDITION, THROUGH ITS ONLINE MYHSF PORTAL, HSF PROVIDES FREE INFORMATION AND RESOURCES TO ALL VISITORS, INCLUDING STUDENTS AND THEIR PARENTS, CURRENT HSF SCHOLARS, ALUMNI AND OTHERS ON A RANGE OF TOPICS RELATED TO COLLEGE AND CAREER.
- $46.9 million spent. SCHOLARSHIPS - HSF ADMINISTERS SCHOLARSHIPS PROGRAMS FUNDED BY DONATIONS FROM FOUNDATIONS, CORPORATIONS, AND INDIVIDUALS.
Source: Form 990 for the year ending March 31, 2026, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending March 2026.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since January 1976.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.