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EIN 27-2869162

Hitec Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Chicago
State
Illinois
Year formed
2010
Most recent tax filings
2023-12-01
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
Description
The Hitec Foundation inspires and builds a sustainable pipeline for future Latinx leaders in technology through its Scholarship, Internship, and Mentoring Programs. It has established a scholarship program to enable Hispanic students to obtain a college degree in technology.
Related structure
Hitec Foundation is a subordinate organization under Hispanic IT Executive Council.
Total revenues
$354,898
2023
Total expenses
$275,202
2023
Total assets
$630,358
2023
Num. employees
0
2023

Program areas at Hitec Foundation

The Hitec Foundation has established a scholarship program to pull up hispanic students so they can obtain a college degree in technology.

Who funds Hitec Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Morgan Stanley Global Impact Funding TrustUnrestricted General Support$30,000
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$15,000
American Online Giving FoundationGeneral Support$11,020
...and 6 more grants received

Personnel at Hitec Foundation

NameTitleCompensation
Omar DuquePresident
Ivonne ValdesChairman / Officer / Secretary$0
Ramon BaezChairman / Director$0
Frank DearmasTreasurer$0

Financials for Hitec Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$354,898
Program services$0
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$354,898

Form 990s for Hitec Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-14990View PDF
2022-122023-11-15990View PDF
2021-122022-11-14990View PDF
2020-122021-11-15990View PDF
2019-122021-03-02990View PDF
...and 2 more Form 990s
Data update history
September 21, 2024
Received grants
Identified 3 new grant, including a grant for $2,700 from The Bank of America Charitable Foundation
May 18, 2024
Received grants
Identified 2 new grant, including a grant for $11,020 from American Online Giving Foundation
December 29, 2023
Posted financials
Added Form 990 for fiscal year 2022
October 23, 2023
Received grants
Identified 3 new grant, including a grant for $12,695 from American Online Giving Foundation
July 29, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
SchoolsEducational service providersChapter / child organizationsCharities
Issues
EducationHispanic
Characteristics
MembershipsTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
444 W Lake St
Chicago, IL 60606
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
County
Cook County, IL
Website URL
hitecglobal.org/mpage/foundation 
Phone
(248) 952-0200
IRS details
EIN
27-2869162
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2010
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
NAICS code, primary
611710: Educational Support Services
Parent/child status
Subordinate organization
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