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Hispanic Scholarship Fund

Overview

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About Hispanic Scholarship Fund

Simplify's Rating
Why Hispanic Scholarship Fund is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Social ImpactEducation

Company Size

501-1,000

Company Stage

N/A

Total Funding

$28.6M

Headquarters

Gardena, CA

Founded

1975

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What believers are saying

  • Fiscal 2026 revenue reached $128.8 million, nearly doubling 2025’s $54.5 million.
  • ABM renewed its partnership in July 2026, extending annual funding to HSF.
  • The November 2026 settlement removes race-based litigation overhang and broadens applicant eligibility.

What critics are saying

  • The 2026 settlement abandons ethnicity-only awards, weakening HSF’s brand promise.
  • American Alliance for Equal Rights already forced HSF into federal court and settlement.
  • Donor backlash after January 2027 could shrink scholarships and erase mission relevance.

What makes Hispanic Scholarship Fund unique

  • HSF is the nation’s largest Hispanic scholarship nonprofit, with a national alumni network.
  • It combines scholarships, completion support, and employer partnerships like ABM Industries.
  • MacKenzie Scott’s $70 million 2025 grant signals unmatched fundraising credibility.

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Funding

Total Funding

$28.6M

Above

Industry Average

Funded Over

0 Rounds

Benefits

  • Flexible Work Hours

Company News

Latinx MBA Association
Oct 6th, 2026
What do you build when it isn't about you?

What do you build when it isn't about you? In April of 2020, in the middle of a pandemic, I helped start something I would never own. I was one year out of my MBA from MIT Sloan School of Management, and I kept noticing the same absence. With COVID lockdowns in place, creating community had become a challenge. The MBA students I connected with described something worse: they looked around their programs and saw no one who looked like them. People were trying to solve this on their own, quietly, in silos inside their individual schools. What I saw was the opportunity nobody was taking - to build community across every MBA program through multiple generations. That became the Latinx MBA Association. I want to be honest about what building it has actually taken, because founders rarely are. The founders & Board of Directors met almost every single weekend for five years - not out of obligation, but out of a shared belief that this organization had to exist. In addition, many of Latinx MBA gave zero-interest loans to finance operations, including the Leadership Summit, just to ensure it happened each year. The early days were challenging. The hardest stretch came about three years in. Several of its board members were burning out, not from Latinx MBA, but from everything life was throwing at them, from brutal hours in investment banking to losing a family member to COVID. Latinx MBA had a choice about what kind of organization Latinx MBA wanted to be. Latinx MBA chose to listen. Latinx MBA let people step back when they needed to, and Latinx MBA let others step forward. That's the part I'm proudest of. Its success wasn't a growth metric. It was a board whose members held each other up. Then there was the moment it all became real. At its 2023 Leadership Summit, Latinx MBA had Fidel Vargas of the Hispanic Scholarship Fund speak, and I looked out at a room where MBA students and alumni were finally standing together as one community. The vision I'd been carrying around in my head for four years was suddenly in front of me. I'll never forget it. But if you ask me what this is really for, I'll point you to its prospective MBA Fellowship Program. More than ten fellows have come through it and gone on to graduate from prestigious MBA programs such as Harvard Business School, Chicago Booth, Dartmouth, and Michigan Ross. That program does something I can't overstate: it gives people permission to believe they belong in those rooms - and the support to actually get there. Today, the Latinx MBA Association is over 2,600 members across more than 180 MBA programs, powered by 50-plus volunteers, its board of directors, and a CEO. And every year, Latinx MBA raise north of six figures - more than $100,000 - through the give-or-get commitments of its board and associate board, and through organizations that have come to see Latinx MBA not as a charity, but as a talent pool worth investing in. None of that is mine to keep. And that has completely rewired what leadership, success, and ownership mean to me. When you own a business, success is what you retain. When you build for a community, success is what other people become, and the truest sign you've built something well is that it no longer needs you. That's where I've landed. I picture Latinx MBA thriving for decades, and in that picture, I'm not the president. I don't need to be. Because Latinx MBA didn't just build an organization. Latinx MBA built a community that understands what it means to pay it forward. Now, there are hundreds of Latinx MBA who want to reach back and pull the next generation up. That's the return I care about. Not what I get to hold onto - but what I get to let go of, knowing it will keep growing without me.

GlobeNewswire
Jul 16th, 2025
HSF ANNOUNCES NEW PARTNERSHIP WITH ABM INDUSTRIES

Los Angeles, CA, July 16, 2025 (GLOBE NEWSWIRE) - HSF is proud to announce the renewal of its partnership with ABM Industries Incorporated (NYSE: ABM), a global leader in facility, engineering, and infrastructure solutions.

PR Newswire
Mar 22nd, 2022
Leading Digital Learning Platform - Subject - Raises $29.4 Million in Series A Led by Owl Ventures

/PRNewswire/ -- Subject, a leading digital learning platform, today announced the close of its Series A round of funding. The round, led by renowned edtech...

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