2025-08-15T09:49:41-07:00 2024-09-30 132696850 Gruber Palumberi Raffaele Fried CPAs PC 7 Penn Plaza Suite 310 New York NY 10001 990 2023-10-01 383708943 HISPANIC SCHOLARS PROGRAM HISP 6463898447 42 Tiemann Pl Ste 310 New York NY 10027 DAISY MACHADO Executive Director 2025-08-15 true true M CARLINE LOGERIE CPA P01387821 2125860800 2023 2025-03-06 01:10:19Z X 42 Tiemann Pl Ste 310 New York NY 10027 974103 false X www.hispanicscholarsprogram.org. X 2004 IL Our mission is to supplement and enrich the theological and ministerial education being offered in seminaries and universities, with academic courses and other activities directly addressing Hispanic history, ministry, and theology. 38 38 1 0 197948 746712 46150 39850 49222 64480 1530 -5460 294850 845582 0 0 24221 32904 0 6478 131334 234111 155555 267015 139295 578567 1783780 2666816 7190 3255 1776590 2663561 Our mission is to supplement and enrich the theological and ministerial education being offered in seminaries and universities, with academic courses and other activities directly addressing Hispanic history, ministry, and theology. false false 207932 26850 The Hispanic Scholars Program is a network of theological schools from around the United States that have come together to promote theological education for Latino students and those interested in Latinoministries. There are currently around 38 schools ("Sponsors") in the network. Each Sponsor contributes $4,500 per year to the HSP's operating budget.The Hispanic Scholars Program (HSP) normally offers five or six choices of 3-credit, accredited courses geared toward master-degree level Latina/o seminarians and graduate students. The program is designed primarily for Latina/o students enrolled in theological seminaries and university departmentsof theology or religion.In fiscal year 2024, the HSP offered six 3-credit courses. We had 36 participants from the U.S., representing a wide variety of traditions, denominations, and theological perspectives. We have also welcomed about 10% of non-Latina/o students nationwide who are involved in Latino-centered ministries and advocacy. The (HSP) provides the opportunity for students to study with Latina/o peersand professors. 8250 OTHER PROGRAMS:Through Hispanic Eyes (T.H.E.)Through Hispanic Eyes (T.H.E.) is a cross-cultural program created over a decade ago to help expand the reach and impact of the Hispanic Scholars Program as a program of theological education that is shaped by a truly Latino/Hispanic perspective. While the Hispanic Scholars Program sessions held each year are primarily for first degree masters level Latina/o students enrolled in ATS schools, T.H.E. seeks to engageand gather in constructive and critical conversation non-Latino seminary presidents, academic deans, faculty, as well as those very important staff members who work with students, admissions officers and student life directors. 4750 El SemilleroEl Semillero was offered for the third time in FY 2024 and 6 participants attended. Latinx practitioners were invited to learn about the soil of fundraising, finance, and development so that they can grow their missional organizationswhether they be churches, non-profits, or institutions of higher and theological educationin ways that are economically sustainable and can, as a result, provide a greater impact for their communities of concern. Through El Semillero we hope to empower our Latinx theological leaders with practical tools that will help them build sustainable and equitable institutions that can positively impact the Latinx community for generations to come. 207932 true true false false false false false false false true true false false true false true true false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false true 10 0 false 1 true false false false false false false false 0 false false false false false false false X 38 38 false false true false false false false true true false false true true true true true true false false false IL NY X DAISY MACHADO 6463898447 42 Tiemann Pl Ste 310 NEW YORK NY 10027 DAISY MACHADO Executive Dir. 9.50 0.00 X 24375 0 0 STEVEN J SCHWEITZER BOARD MEMBER 0.60 0.00 X 0 0 0 Mayra Picos-Lee CHAIR 1.00 0.00 X X 0 0 0 ELLEN ARMOUR BOARD MEMBER 0.60 0.00 X 0 0 0 ELY PRIETO BOARD MEMBER 0.60 0.00 X 0 0 0 Hugo Magallanes BOARD MEMBER 0.60 0.00 X 0 0 0 ANGEL GALLARDO BOARD MEMBER 0.60 0.00 X 0 0 0 O Ernesto Valiente BOARD MEMBER 0.60 0.00 X 0 0 0 Rubn Arjona BOARD MEMBER 0.60 0.00 X 0 0 0 DANIEL AUCUTT BOARD MEMBER 0.60 0.00 X 0 0 0 David Vsquez-Levy BOARD MEMBER 0.60 0.00 X 0 0 0 LIZETTE ACOSTA BOARD MEMBER 0.60 0.00 X 0 0 0 Alma Tinoco Ruiz BOARD MEMBER 0.60 0.00 X 0 0 0 Melinda McGarrah Sharp BOARD MEMBER 0.60 0.00 X 0 0 0 ADRIAN EMMANUEL HERNANDEZ-ACOS BOARD MEMBER 0.60 0.00 X 0 0 0 Francisco Lozada Jr VICE CHAIR 1.00 0.00 X X 0 0 0 ROBERT WRIGHT BOARD MEMBER 0.60 0.00 X 0 0 0 EMMA ESCOBAR BOARD MEMBER 0.60 0.00 X 0 0 0 Sarah Azaransky Treasurer 1.00 0.00 X X 0 0 0 JOANNE SOLIS-WALKER BOARD MEMBER 0.60 0.00 X 0 0 0 Andy Dreitcer BOARD MEMBER 0.60 0.00 X 0 0 0 BENJAMIN HALL BOARD MEMBER 0.60 0.00 X 0 0 0 ARMIDA BELMONTE STEPHENS BOARD MEMBER 0.60 0.00 X 0 0 0 Joanne Rodriguez BOARD MEMBER 0.60 0.00 X 0 0 0 Fr Jos Gonzlez BOARD MEMBER 0.60 0.00 X 0 0 0 LESLIE DIAZ-PEREZ Secretary 1.00 0.00 X X 0 0 0 Jos Francisco Morales Torres BOARD MEMBER 0.60 0.00 X 0 0 0 RAFAEL MALPICA PADILLA BOARD MEMBER 0.60 0.00 X 0 0 0 Elizabeth Gandolfo BOARD MEMBER 0.60 0.00 X 0 0 0 LELIA FRY BOARD MEMBER 0.60 0.00 X 0 0 0 HECTOR M VARELA RIOS BOARD MEMBER 0.60 0.00 X 0 0 0 Becky Ruvalcaba BOARD MEMBER 0.60 0.00 X 0 0 0 Edwin Aponte BOARD MEMBER 0.60 0.00 X 0 0 0 Nancy Frausto BOARD MEMBER 0.60 0.00 X 0 0 0 TIMOTHY VAN METER BOARD MEMBER 0.60 0.00 X 0 0 0 Pedro Miranda BOARD MEMBER 0.60 0.00 X 0 0 0 Kristen Largen BOARD MEMBER 0.60 0.00 X 0 0 0 RANDY ROLDAN-FIGUEROA BOARD MEMBER 0.60 0.00 X 0 0 0 TRACY RIGGLE YOUNG BOARD MEMBER 0.60 0.00 X 0 0 0 24375 0 false false false 0 171000 72439 503273 746712 PROGRAM TUITION 611600 39850 39850 39850 64392 64392 0 150 150 0 121939 121851 88 88 88 1060 72439 6670 -5610 -5610 0 0 0 845582 39850 59020 X 0 0 0 0 30000 12000 15000 3000 0 0 0 606 606 2298 919 1149 230 0 0 15394 15394 0 0 0 47146 44505 2576 65 0 12199 9804 2346 49 0 0 0 15357 14566 659 132 0 31515 25718 4831 966 0 0 0 4490 1796 2245 449 FACULTY AND STUDENTS HOUSING 45133 45133 HONORARIUMS 26250 26250 FACULTY AND STUDENTS MEALS 21329 21329 INVESTMENT ADVISORY FEES 5861 5861 9437 5912 1938 1587 267015 207932 52605 6478 166729 66709 110978 42614 0 151 0 0 0 0 2256 2297 5186 5186 0 423084 859231 0 0 0 1080733 1695814 1783780 2666816 7190 3255 7190 3255 X 906098 1207051 870492 1456510 1776590 2663561 1783780 2666816 X 578567 181587 126817 X false true X true false X 171240 161435 165776 197948 746713 1443112 0 0 171240 161435 165776 197948 746713 1443112 467478 975634 33812 35459 39077 34298 30723 173369 0 5 165 11187 1530 -3269 9618 1626099 0.60000 0.82450 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1508734 725000 372869 42564 2564039 846364 37298 551 33736 849375 1051027 -171144 538 32981 846364 850915 233784 541 33131 1051027 837587 47128 543 33257 850915 0.61000 0.39000 true false false 5186 5186 Beneficial Interests in Funds Held by un 1010879 1695814 X 1039169 181587 12000 193587 845582 845582 285685 12000 6670 18670 267015 267015 Part V, Line 4: Intended uses of the endowment fund. HISPANIC SCHOLARS PROGRAM HAS BENEFICIAL INTERESTS IN TWO FUNDS HELD AND MANAGED BY AN UNRELATED ORGANIZATION. THE INTENDED USES OF THESE FUNDS ARE AS FOLLOWS: INCOME FROM THE ENDOWMENT FUND HELD AND MANAGED BY AN UNRELATED ORGANIZATION IS INTENDED TO BE USED FOR THE GENERAL OPERATIONS OF HISPANIC SCHOLARS PROGRAM.INCOME FROM THE SCHOLARSHIP FUND HELD AND MANAGED BY AN UNRELATED ORGANIZATION IS INTENDED TO BE USED TO PROVIDE SCHOLARSHIPS TO STUDENTS PARTICIPATING IN THE HISPANIC SCHOLARS PROGRAM. Part X : FIN48 Footnote Generally accepted accounting principles for Income Taxes require that a tax position be recognized or derecognized based on a "more likely than not" threshold. This applies to positions taken or expected to be taken in a tax return. The adoption of this guidance did not have an impact on HSP's financial statements, as management believes that there are no uncertain tax positions within its financial statements. HSP has processes presently in place to ensure the maintenance of its tax-exempt status; to identify and report unrelated income; determine its filing and tax obligations in jurisdictions for which it has nexus; and to review other matters that may be considered tax positions.HSP's Forms 990, Return of Organization Exempt for Income Tax, for the years ended September 30, 2021, 2022, and 2023 are subject to examination by the IRS, generally for three years after they were filed. Part XII, Line 2d: Other expenses and losses per audited F/S SPECIAL EVENT DIRECT EXPENSES $6670 X X false 35TH ANNIVERSARY SWAG 73499 72439 1060 6670 73499 72439 1060 6670 6670 -5610 Form 990, Part VI, Section A, Line 4 IN MARCH 2024, THE ORGANIZATION CHANGED ITS NAME FROM HISPANIC SUMMER PROGRAM TO HISPANIC SCHOLARS PROGRAM. THE ORGANIZATION USED THE NEW NAME WHEN IT FILED ITS 2022 FORM 990. Form 990, Part VI, Section B, Line 11b The accountant sends Form 990 to Executive Director for review. If the Exeutive Director has no questions or comments, she forwards the Form 990 to Executive Committee to review and file. Documents are made available to all Governing Board Members for their review every October, or at any time upon request. Form 990, Part VI, Section B, Line 12c The By-laws are reviewed annually by the Executive Committee. Form 990, Part VI, Section C, Line 19 HSP makes its Form 990 available for public upon request. Form 990, Part XI, Line 9 CHANGE IN BENEFICIAL INTERESTS IN FUNDS HELD BY UNRELATED EN = $126817