EIN 82-3593693

United States Hispanic Chamber of Commerce Educational Fund

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2017
Most recent tax filings
2023-12-01
Description
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. To provide education services related to Hispanic businesses through training programs and Educational seminars across the us. To provide Educational programs for Hispanic business across the us. No programs in 2018.
Related structure
United States Hispanic Chamber of Commerce Educational Fund is a subordinate organization under United States Hispanic Chamber of Commerce (USHCC).
Total revenues
$2,553,888
2023
Total expenses
$1,901,709
2023
Total assets
$4,837,092
2023
Num. employees
0
2023

Program areas at United States Hispanic Chamber of Commerce Educational Fund

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, how best to access capital for their business, and workshops aimed to strengthen operations, marketing capabilities to support their vison 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 their business with avanzar.
In her footsteps is a movement to highlight latina leadership through personal stories of triumph, inspiration, and resilience. This initiative looks 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.
Elevate together 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 less employee through technical assistance grants, programs, and mentorship.
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 wellbeing 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.
Others

Grants made by United States Hispanic Chamber of Commerce Educational Fund

GranteeGrant descriptionAmount
Arizona Hispanic Chamber of Commerce Foundation CorporationAvanzar and Elevate Together Programs$115,000
Michigan Hispanic Chamber of CommerceElevate Together Program$90,000
Greater Philadelphia Hispanic Chamber of CommerceElevate Together Program$90,000
...and 13 more grants made

Who funds United States Hispanic Chamber of Commerce Educational Fund

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Round It Up AmericaCommunity Service Programs$975,824
The Kroger FoundationOrganization's Charitable Purpose$500,000
Charities Aid Foundation of AmericaCharitable Donation$475,000
...and 3 more grants received

Personnel at United States Hispanic Chamber of Commerce Educational Fund

NameTitleCompensation
Ramiro A. CavazoxPresident and Chief Executive Officer
Felipe E. UgaldeChief Operation Officer$0
Richard GarciaChief of Staff
C. Leroy Cavazos-ReynaVice President of Government and International Affairs
Evelyn BarahonaSenior Vice President , Educational Fund$0
...and 5 more key personnel

Financials for United States Hispanic Chamber of Commerce Educational Fund

RevenuesFYE 12/2023
Total grants, contributions, etc.$2,550,922
Program services$0
Investment income and dividends$2,966
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$2,553,888

Form 990s for United States Hispanic Chamber of Commerce Educational Fund

Fiscal year endingDate received by IRSFormPDF link
2023-122024-10-24990View PDF
2022-122023-11-15990View PDF
2021-122022-11-10990View PDF
2020-122021-11-12990View PDF
2019-122021-03-02990View PDF
...and 1 more Form 990
Data update history
December 8, 2024
Posted financials
Added Form 990 for fiscal year 2023
November 28, 2024
Updated personnel
Identified 2 new personnel
July 23, 2024
Received grants
Identified 1 new grant, including a grant for $500,000 from The Kroger Foundation
July 10, 2024
Received grants
Identified 4 new grant, including a grant for $475,000 from Charities Aid Foundation of America
December 28, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Grantmaking organizationsCorporate foundationsTrade associationsBusiness and community development organizationsChapter / child organizationsCharities
Issues
EducationHispanicBusiness and industry
Characteristics
Provides grantsTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
750 17th St NW 825
Washington, DC 20006
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
District of Columbia, DC
Website URL
ushcceducationalfund.org/401/login.php?redirect=/ 
Phone
(202) 842-1212
IRS details
EIN
82-3593693
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2017
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
NAICS code, primary
813910: Trade Associations
Parent/child status
Subordinate organization
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