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United States Hispanic Chamber of Commerce Educational Fund

EIN 82-3593693 · Washington, DC

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood74 out of 100GovernanceFair55 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE MISSION OF THE USHCC EDUCATIONAL FUND IS TO EDUCATE, TRAIN, BUILD CAPACITY, CONDUCT RESEARCH, PROVIDE LEADERSHIP DEVELOPMENT OPPORTUNITIES, EXPAND ACCESS TO CAPITAL, AND CREATE GRANT FUNDING FOR HISPANIC BUSINESSES THROUGH A NATIONAL NETWORK OF 250+ HISPANIC CHAMBERS OF COMMERCE.

Income
$1.6 million
Spending
$1.8 million
Spent on programs
89%
Reserves
15.7 months of spending
Largest source of income
donations and private grants, 82%
Employees
0
Volunteers
14
Highest pay
$584,709, president & ceo

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 74 out of 100. Higher than 57% of charities in its peer group (education, $1m to $10m).

  • Reserves

    35 of 35

    Spendable reserves would cover 15.7 months of spending.

  • Debt

    20 of 20

    It owes 11% of what it owns.

  • Living within its means

    4 of 15

    Spending exceeded income by 10% of income.

  • Income trend

    0 of 15

    Income fell 36% on the year before.

  • Spending floor

    15 of 15

    89% of spending went to programs and raising each dollar of donations cost 3 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Fair: 55 out of 100. Higher than 13% of charities in its peer group (education, $1m to $10m).

  • Independent board

    25 of 25

    12 of 13 voting board members are independent.

  • Conflict of interest policy

    0 of 15

    Reports no written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    0 of 10

    Did not give the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, 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 (8)
  1. $469,950 spent. ELEVATE TOGETHER DIRECTLY SUPPORTS BLACK AND HISPANIC SMALL BUSINESS OWNERS WITH THE MISSION OF HELPING LOCAL ECONOMIES, FOSTERING JOB CREATION, AND HELPING TO CLOSE THE RACIAL WEALTH GAP. IN PARTNERSHIP WITH THE ODP CORPORATION AND ROUND IT UP AMERICA, THE INITIATIVE HELPS SUPPORT SMALL BUSINESSES WITH FIVE OR FEWER EMPLOYEES THROUGH TECHNICAL ASSISTANCE GRANTS, PROGRAMS, AND MENTORSHIP.
  2. $345,455 spent. 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.
  3. $292,678 spent. 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.
  4. $110,000 spent. CHAMBER COMMUNITY GRANT PROGRAM PARTNERS WITH ORGANIZATIONS COMMITTED TO SUPPORTING THE SMALL BUSINESS AND ENTREPRENEUR ECOSYSTEM THROUGH CHAMBER INVESTMENTS WITH LOCAL CHAMBERS.
  5. $109,891 spent. 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.
  6. $16,300 spent. 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.
  7. $13,537 spent. 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.
  8. $233,648 spent. OTHERS

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. 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.

  2. 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 November 6, 2026.

  3. 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.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since September 2018.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. 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 November 4, 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.