efile GRAPHIC rint - DO NOT PROCESS DLN:9349324801SS39 As Filed Data - OMB No 1545-0047 Return of Organization Exempt From Income Tax Form990 2018 Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations) ~ DepJrtmc-nt of the ~ TreJ..,ur\ Intem~d Do not enter social security numbers on this form as It may be made public Open to Public Inspection Go to www.irs.qov/Form990 for instructions and the latest information. Re\ C"nuC" ~ef\ Ice Forthe2019cra~le~n~d~a~r~~~~~~~~~~~~0~1~-~0~1~-2~0~1~8~~a~n~d~e~n~d~i~~1~2~-3~1-~2~0~1~8~__~r-____________________________ C Name of organization D Employer IdentIfIcatIon number A B Check If applicable D Address change Hispanics for School Choice Educational Trust Fund D Name change D Initial return D Final return/terminated 45-2263797 DOing business as 1-~~~--~~~~~~~~~~--~~~--77~--~~~~~--~~,t-e---------- E Telephone number D Application City or town, state or province, country, and ZIP or foreign postal code Milwaukee, WI 53213 G Gross receipts $ 82,707 F Name and address of principal officer H(a) Is this a group return for Tammy Olivas I Tax-exempt status J Website: ~ ~ 0 501(c)(3) 501(c) ( ) ~ 0 (Insert no ) 4947(a)(1) or 0 subordinates? OYes ~No H(b) Are all subordinates OYes ONo Included? If "No," attach a list (see instructions) 527 H(c) Group exemption number ~ hlspanlcaforschoolcholce com K Form of organization ~ Corporation 0 Trust 0 Association 0 Other L Year ~ of formation 2013 M State of legal domicile WI 1 Briefly describe the organization's mission or most significant activities Our mission IS Hispanics for School Choice serves and supports hispanic families through informing and advocating educational opportunities that breakdown barriers to success 3 Check this box ~ 0 If the organization discontinued ItS operations or disposed of more than 25% of ItS net a Number of voting members of the governing body (Part VI, line la) 4 Number of Independent voting members of the governing body (Part VI, line lb) 2 3 5 Total number of individuals employed In calendar year 2018 (Part V, line 2a) 6 Total number of volunteers (estimate If necessary) 7a Total unrelated business revenue from Part VIII, column (C), line 12 b Net unrelated business taxable Income from Form 990-T, line 34 <1' :::> ~ Q. > ,." c: 8 Contributions and grants (Part VIII, line lh) 9 Program service revenue (Part VIII, line 2g) 10 Investment Income (Part VIII, column (A), lines 3, 4, and 7d ) 11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e) 12 Total revenue-add lines 8 through 11 (must equal Part VIII, column (A), line 12) 13 Grants and Similar amounts paid (Part IX, column (A), lines 1-3) • 14 Benefits paid to or for members (Part IX, column (A), line 4) • 15 Salaries, other compensation, employee benefits (Part IX, column (A), lines 5-10) 16a Professional fundralslng fees (Part IX, column (A), line 11e) b Total fundralslng expenses (Part IX, column (D), line 25) ~O --------------------- 17 Other expenses (Part IX, column (A), lines 11a-11d, l1f-24e) 18 Total expenses Add lines 13-17 (must equal Part IX, column (A), line 25) 19 Revenue less expenses Subtract line 18 from line 12 • ~~ End of Year t)2! ~C'C :::l C'!! ~ J, ..;l b ;;; c ~ d E ro 0> e f All other program service revenue 0 &: 9Total. Add lines 2a-2f ~ 3 Investment Income (inclUding diVidends, Interest, and other Similar amounts) ~ 4 Income from Investment of tax-exempt bond proceeds ~ 5 Royalties ~ (II) Personal (I) Real 6a Gross rents b Less rental expenses Rental Income or (loss) C d Net rental Income or (loss) ~ (II) Other (I) Securities 7a Gross amount from sales of assets other than Inventory b Less cost or other baSIS and sales expenses Gain or (loss) C d Net gain or (loss) ~ Sa Gross Income from fund raising events (not including $ of contributions reported on line lc) See Part IV, line 18 ~ :: f :> ~ a: ~ ~ .... J:'. bLess direct expenses a b c Net Income or (loss) from fundralslng events ~ 9a Gross Income from gaming activities 0 See Part IV, line 19 a bLess direct expenses b c Net Income or (loss) from gaming activities ~ lOa Gross sales of Inventory, less returns and allowances a bLess cost of goods sold b c Net Income or (loss) from sales of Inventory Miscellaneous Revenue ~ BUSiness Code lla b c d All other revenue eTotal. Add lines lla-lld 12 Total revenue. See Instructions ~ ~ 82,707 0 0 0 Form 990 (2018) Form 990 (2018) M4fiiM Page 10 Statement of Functional Expenses Section 501(c)(3) and 501(c)(4) organizations must complete all columns All other organizations must complete column (A) D Check If Schedule 0 contains a response or note to any line In this Part IX • Do not include amounts reported on lines 6b, 7b, 8b, 9b, and lOb of Part VIII. (A) Total expenses (8) (C) Program service expenses Management and general expenses (D) Fu nd ra ISlngex penses 1 Grants and other assistance to domestic organizations and domestic governments See Part IV, line 21 2 Grants and other assistance to domestic individuals See Part IV, line 22 3 Grants and other assistance to foreign organizations, foreign governments, and foreign individuals See Part IV, line 15 and 16 4 Benefits paid to or for members 5 Compensation of current officers, directors, trustees, and 60,000 60,000 4,590 4,590 1,247 1,247 771 771 key employees 6 Compensation not Included above, to disqualified persons (as defined under section 4958(f)(1)) and persons desCribed In section 4958(c)(3)(B) 7 Other salaries and wages 8 Pension plan accruals and contributions (Include section 401 (k) and 403(b) employer contributions) 9 Other employee benefits 10 Payroll taxes 11 Fees for services (non-employees) a Management b Legal c Accou ntlng d LobbYing e Professional fundralslng services See Part IV, line 17 f Investment management fees 9 Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule 0) 12 AdvertiSing and promotion 3,419 3,419 13 Office expenses 3,166 3,166 31 31 10,440 10,440 1,116 1,116 a Telephone 1,127 1,127 b Computers 1,661 1,661 206 206 87,774 87,774 14 Information technology 15 Royalties 16 Occupancy 17 Travel 18 Payments of travel or entertainment expenses for any federal, state, or local public offiCials 19 Conferences, conventions, and meetings 20 Interest 21 Payments to affiliates 22 Depreciation, depletion, and amortization 23 Insurance 24 Other expenses Itemize expenses not covered above (List miscellaneous expenses In line 24e If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule 0 ) c PO Box d e All other expenses 25 Total functional expenses. Add lines 1 through 24e 0 0 26 Joint costs. Complete thiS line only If the organization reported In column (B) JOint costs from a combined educational campaign and fundralslng soliCitation Check here ~ D If follOWing SOP 98-2 (ASC 958-720) Form 990 (2018) Form 990 (2018) MUM«- Page 11 Balance Sheet D Check If Schedule 0 contains a response or note to any line In this Part IX (A) Beginning of year 1 Cash - no n -I nterest- bea rI ng 2 Savings and temporary cash Investments (8) End of year 12,739 1 3 Pledges and grants receivable, net 3 4 Accounts receivable, net 4 5 7 (J,) 7 Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees Complete Part II of Schedule L Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), persons described In section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations (see instructions) Complete Part II of Schedule L Notes and loans receivable, net (/) (/) 8 Inventories for sale or use 8 9 Prepaid expenses and deferred charges 9 6 (/) « lOa Land, bUildings, and equipment cost or other basIs Complete Part VI of Schedule D b Less accumulated depreciation 5 6 lOa lOb 10c 11 Investments-publicly traded seCUrities 11 12 Investments-other seCUrities See Part IV, line 11 12 13 Investments-program-related See Part IV, line 11 13 14 Intangible assets 14 7,905 15 7,905 20,644 16 15,577 15 Other assets See Part IV, line 11 16 Total assets.Add lines 1 through 15 (must equal line 34) 17 Accounts payable and accrued expenses 17 18 Grants payable 18 19 Deferred revenue 19 20 Tax-exempt bond liabilities 20 (/I 21 Escrow or custodial account liability Complete Part IV of Schedule D 21 .92 22 Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified 23 Secured mortgages and notes payable to unrelated third parties 23 24 Unsecured notes and loans payable to unrelated third parties 24 25 Other liabilities (including federal Income tax, payables to related third parties, and other liabilities not Included on lines 17 - 24) Complete Part X of Schedule D 25 26 Total liabilities.Add lines 17 through 25 27 Organizations that follow SFAS 117 (ASe 958), check here complete lines 27 through 29, and lines 33 and 34. Unrestricted net assets al 28 Temporarily restricted net assets 28 ~ 29 Permanently restricted net assets 29 :.c ."C persons Complete Part II of Schedule L ct ::i oJ' Q) ~ r:; r:; 7,672 2 22 ~ D and ° 26 ° 27 Organizations that do not follow SFAS 117 (ASe 958), ~ ~ 30 check here ~ ~ and complete lines 30 through 34. Capital stock or trust principal, or current funds 31 Paid-in or capital surplus, or land, bUilding or equipment fund « 32 Retained earnings, endowment, accumulated Income, or other funds 20,644 32 15,577 Q) 33 Total net assets or fund balances 20,644 33 15,577 Total liabilities and net assets/fund balances 20,644 34 15,577 ~ 0 oJ' Q) oJ' oJ' - Z 34 30 31 Form 990 2018 Form 990 (2018) -a'3- Page 12 Reconcilliation of Net Assets D Check If Schedule 0 contains a response or note to any line In this Part XI 1 Total revenue (must equal Part VIII, column (A), line 12) 1 82,707 2 Total expenses (must equal Part IX, column (A), line 25) 2 87,774 3 Revenue less expenses Subtract line 2 from line 1 3 -5,067 4 Net assets or fund balances at beginning of year (must equal Part X, line 33, column (A)) 4 20,644 5 Net unrealized gains (losses) on Investments 5 6 Donated services and use of facilities 6 7 Investment expenses 7 8 Prior period adjustments 9 Other changes In net assets or fund balances (explain 8 In Schedule 0) 9 10 Net assets or fund balances at end of year Combine lines 3 through 9 (must equal Part X, line 33, column (B)) . 0 10 15,577 Financial Statements and Reporting D Check If Schedule 0 contains a response or note to any line In this Part XII • Yes 1 Accounting method used to prepare the Form 990 ~ Cash Accrual Other If the organization changed ItS method of accounting from a prior year or checked "Other," explain Schedule 0 D No D In 2a Were the organization's financial statements compiled or reviewed by an Independent accountant? 2a No 2b No If 'Yes,' check a box below to indicate whether the financial statements for the year were compiled or reviewed on a separate basIs, consolidated basIs, or both D Separate basIs D Consolidated basIs D Both consolidated and separate basIs b Were the organization's financial statements audited by an Independent accountant? If 'Yes,' check a box below to indicate whether the financial statements for the year were audited on a separate basIs, consolidated basIs, or both D c Separate basIs D Consolidated basIs D Both consolidated and separate basIs If "Yes," to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit, reView, or compilation of ItS financial statements and selection of an Independent accountant? If the organization changed either ItS oversight process or selection process dUring the tax year, explain In 2c Schedule 0 3a As a result of a federal award, was the organization required to undergo an audit or audits as set forth In the Single Audit Act and OMB Circular A-l33? 3a No b If "Yes," did the organization undergo the required audit or audits? If the organization did not undergo the required audit or audits, explain why In Schedule 0 and describe any steps taken to undergo such audits 3b Form 990 2018 Additional Data Software ID: Software Version: EIN: Name: 45-2263797 Hispanics for School Choice Educational Trust Fund Form 990 (2018) Form 990, Part III, Line 4a: Developing programs to support schools the positive change to the community In attracting and retaining hispanic families Encoraglng Involvement and excitement to attend school for their individual benefit and efile GRAPHIC rint - DO NOT PROCESS SCHEDULE A (Form 990 or 990EZ) DepJrtmc-nt of the TreJ~uT"\ As Filed Data - DLN:9349324801SS39 OMB No 1545-0047 Public Charity Status and Public Support Complete if the organization is a section 501(c)(3) organization or a section 4947(a)( 1) nonexempt charitable trust. ~ Attach to Form 990 or Form 990-EZ. ~ Go to www.irs.qov/Form990 for the latest information. 2018 Open to Public Inspection Employer identification number Name of the organization Hispanics for School Choice Educational Trust Fund 45-2263797 Reason for Public Charit See instructions. The organization IS not a private foundation because It IS (For lines 1 through 12, check only one box) 1 2 3 4 D D D D A church, convention of churches, or association of churches described In section 170(b)(1)(A)(i). A school described In section 170(b)(1)(A)(ii). (Attach Schedule E (Form 990 or 990-EZ) ) A hospital or a cooperative hospital service organization described In section 170(b)(1)(A)(iii). A medical research organization operated In conjunction with a hospital described In section 170(b)(1)(A)(iii). Enter the hospital's name, City, and state 5 D An organization operated for the benefit of a college or university owned or operated by a governmental unit described In section 170 (b)(l)(A)(iv). (Complete Part II ) 6 D A federal, state, or local government or governmental unit described In section 170(b)(1)(A)(v). 7 ~ 8 9 D D An organization that normally receives a substantial part of ItS support from a governmental unit or from the general public described In section 170(b)(1)(A)(vi). (Complete Part II ) A community trust described In section 170(b)(1)(A)(vi) (Complete Part II ) An agricultural research organization described In 170(b)(1)(A)(ix) operated In conjunction with a land-grant college or university or a non-land grant college of agriculture See instructions Enter the name, City, and state of the college or university 10 D An organization that normally receives (1) more than 331/3% of ItS support from contributions, membership fees, and gross receipts from activities related to ItS exempt functions-subject to certain exceptions, and (2) no more than 331/3% of ItS support from gross Investment Income and unrelated bUSiness taxable Income (less section 511 tax) from bUSinesses acquired by the organization after june 30, 1975 See section 509(a)(2). (Complete Part III ) 11 D D An organization organized and operated exclusively to test for public safety See section 509(a)(4). a D b D c D d D Type I. A supporting organization operated, supervised, or controlled by ItS supported organlzatlon(s), tYPically by giVing the supported organlzatlon(s) the power to regularly appoint or elect a majority of the directors or trustees of the supporting organization You must complete Part IV, Sections A and B. Type II. A supporting organization supervised or controlled In connection with ItS supported organlzatlon(s), by haVing control or management of the supporting organization vested In the same persons that control or manage the supported organlzatlon(s) You must complete Part IV, Sections A and C. Type III functionally integrated. A supporting organization operated In connection with, and functionally Integrated with, ItS supported organlzatlon(s) (see instructions) You must complete Part IV, Sections A, 0, and E. Type III non-functionally integrated. A supporting organization operated In connection with ItS supported organlzatlon(s) that IS not 12 e D An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described In section 509(a)(1) or section 509(a)(2). See section 509(a)(3). Check the box In lines 12a through 12d that describes the type of supporting organization and complete lines 12e, 12f, and 12g functionally Integrated The organization generally must satisfy a distribution requirement and an attentiveness requirement (see instructions) You must complete Part IV, Sections A and 0, and Part V. Check this box If the organization received a written determination from the IRS that It IS a Type I, Type II, Type III functionally Integrated, or Type III non-functionally Integrated supporting organization f Enter the number of supported organizations g Provide the followlnq information about the supported orqan,zat,on(s) (i) Name of supported (ii) EIN (iii) Type of (iv) Is the organization listed In your governing document? organization organization (described on lines 1- 10 above (see instructions)) Yes (v) Amount of monetary support (see instructions) (vi) Amount of other support (see instructions) No I Total For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ. Cat No 11285F Schedule A (Form 990 or 990-EZ) 2018 Schedule A (Form 990 or 990-EZ) 2018 1m". Page 2 Support Schedule for Organizations Described in Sections 170(bH1HAHiv), 170(bH1HAHvi), and 170 (bH1HAHix) (Complete only If you checked the box on line 5,7,8, or 9 of Part I or If the organization failed to qualify under Part III. If the organization falls to qualify under the tests listed below, please complete Part IlL) Section A. Public Support Calendar year (a) 2014 (b) 2015 (or fiscal year beginning in) ~ GiftS, grants, contributions, and 1 290,516 119,382 membership fees received (Do not Include any "unusual grant ") Tax revenues leVied for the 2 organization's benefit and either paid to or expended on ItS behalf The value of services or faCilities 3 furnished by a governmental unit to the organization Without charge 290,516 119,382 Total. Add lines 1 through 3 4 The portion of total contributions by 5 each person (other than a governmental unit or publicly supported organization) Included on line 1 that exceeds 2% of the amount shown on line 11, column (f) Public support. Subtract line 5 from 6 line 4 Section B. Total Support Calendar year (a)2014 (b)2015 (or fiscal year beginning in) ~ 290,516 119,382 7 Amounts from line 4 Gross Income from Interest, 8 diVidends, payments received on seCUrities loans, rents, royalties and Income from Similar sources Net Income from unrelated bUSiness 9 activities, whether or not the bUSiness IS regularly carned on 10 Other Income Do not Include gain or loss from the sale of capital assets (Explain In Part VI ) 11 Total support. Add lines 7 through 10 12 Gross receipts from related activities, etc (see instructions) 13 (c) 2016 (d) 2017 (e) 2018 (f) Total 286,536 70,932 86,532 853,898 286,536 70,932 86,532 853,898 853,898 (c)2016 286,536 (d)2017 (e)2018 70,932 (f)Total 86,532 853,898 853,898 I 12 I First five years. If the Form 990 IS for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization, .. check thiS box and stop here . . . . . • • • . . . . . . . . . . . • • • . . ~D Section C. Computation of Public Support Percentage 14 Public support percentage for 2018 (line 6, column (f) diVided by line 11, column (f)) 100000 % 15 Public support percentage for 2017 Schedule A, Part II, line 14 100000 % 16a 33 1/3% support test-2018. If the organization did not check the box on line 13, and line 14 IS 33 1/3% or more, check thiS box b ~ and stop here. The organization qualifies as a publicly supported organization 33 1/3% support test-2017. If the organization did not check a box on line 13 or 16a, and line 15 IS 33 1/3% or more, check thiS box and stop here. The organization qualifies as a publicly supported organization 17a 100/0-facts-and-circumstances test-2018. If the organization did not check a box on line 13, 16a, or 16b, and line 14 IS 10% or more, and If the organization meets the "facts-and-clrcumstances" test, check thiS box and stop here. Explain In Part VI how the organization meets the "facts-and-clrcumstances" test The organization qualifies as a publicly supported b 18 ~ ~ D organization 100/0-facts-and-circumstances test-2017. If the organization did not check a box on line 13, 16a, 16b, or 17a, and line 15 IS 10% or more, and If the organization meets the "facts-and-clrcumstances" test, check thiS box and stop here. Explain In Part VI how the organization meets the "facts-and-clrcumstances" test The organization qualifies as a publicly supported organization Private foundation. If the organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check thiS box and see instructions Schedule A Form 990 or 990-EZ 2018 Schedule A (Form 990 or 990-EZ) 2018 Mm.n- Page 3 Support Schedule for Organizations Described in Section S09(a)(2) (Complete only If you checked the box on line 10 of Part I or If the organization failed to qualify under Part II. If the organization falls to qualify under the tests listed below, please complete Part II.) Section A. Public Support Calendar year (or fiscal year beginning in) ~ Gifts, grants, contributions, and 1 membership fees received (Do not Include any "unusual grants ") Gross receipts from admissions, 2 merchandise sold or services performed, or faCilities furnished In any activity that IS related to the organization's tax-exempt purpose Gross receipts from activities that are 3 not an unrelated trade or bUSiness under section 513 4 Tax revenues leVied for the organization's benefit and either paid to or expended on ItS behalf The value of services or faCilities 5 furnished by a governmental unit to the organization Without charge Total. Add lines 1 through 5 6 7a Amounts Included on lines 1, 2, and 3 received from disqualified persons b Amounts Included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1 % of the amount on line 13 for the year c Add lines 7a and 7b Public support. (Subtract line 7c 8 from line 6 ) Section B. Total Support 9 lOa b c 11 12 13 14 (a) 2014 (b) 2015 (c) 2016 (d) 2017 (e) 2018 (f) Total Calendar year (a) 2014 (b) 2015 (c) 2016 (d) 2017 (e) 2018 (f) Total (or fiscal year beginning in) ~ Amounts from line 6 Gross Income from Interest, diVidends, payments received on seCUrities loans, rents, royalties and Income from Similar sources Unrelated bUSiness taxable Income (less section 511 taxes) from bUSinesses acqUired after June 30, 1975 Add lines lOa and lOb Net Income from unrelated bUSiness activities not Included In line lOb, whether or not the bUSiness IS regularly carned on Other Income Do not Include gain or loss from the sale of capital assets (Explain In Part VI ) Total support. (Add lines 9, 10c, 11, and 12 ) First five years. If the Form 990 IS for the organization s first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization, ~D check thiS box and stop here Section C. Com utation of Public Su ort Percenta e 15 Public support percentage for 2018 (line 8, column (f) diVided by line 13, column (f)) 16 Public support percentage from 2017 Schedule A, Part III, line 15 Section D. Computation of Investment Income Percentage 17 Investment Income percentage for 2018 (line 10c, column (f) diVided by line 13, column (f)) 18 Investment Income percentage from 2017 Schedule A, Part III, line 17 19a 331/3 % support tests-2018. If the organization did not check the box on line 14, and line 15 IS more than 33 1/3%, and line 17 IS not more than 33 1/3%, check thiS box and stop here. The organization qualifies as a publicly supported organization ~D b 33 1/3 % support tests-2017. If the organization did not check a box on line 14 or line 19a, and line 16 IS more than 33 1/3% and line 18 IS not more than 33 1/3%, check thiS box and stop here. The organization qualifies as a publicly supported organization 20 Private foundation. If the organization did not check a box on line 14, 19a, or 19b, check thiS box and see instructions ~D ~D Schedule A (Form 990 or 990-EZ) 2018 'miN Page 4 Supporting Organizations (Complete only If you checked a box on line 12 of Part I If you checked 12a of Part I, complete Sections A and B If you checked 12b of Part I, complete Sections A and C If you checked 12c of Part I, complete Sections A, D, and E If you checked 12d of Part I, complete Sections A and D, and complete Part V ) S ectlon A. A liS upportmg 0 rganlzatlons Yes 1 Are all of the organization's supported organizations listed by name In the organization's governing documents? If "No, " descnbe In Part VI how the supported organtzatlons are designated If designated by class or purpose, descnbe the designation If hlstonc and continuing relationship, explain 2 Did the organization have any supported organization that does not have an IRS determination of status under section 509 (a)( 1) or (2)? If "Yes," explain In Part VI how the organtzatlon determined that the supported organtzatlon was descnbed In section 509(a)(1) or (2) 3a Did the organization have a supported organization deScribed In section 501(c)(4), (5), or (6)' If "Yes," answer (b) and (c) below b Did the organization confirm that each supported organization qualified under section 501(c)(4), (5), or (6) and satisfied the public support tests under section 509(a)(2)' If "Yes," descnbe In Part VI when and how the organtzatlon made the determination c Did the organization ensure that all support to such organizations was used exclusively for section 170(c)(2)(B) purposes? If "Yes, " explain In Part VI what controls the organtzatlon put In place to ensure such use 4a b c Sa Was any supported organization not organized In the United States ("foreign supported organization")' If "Yes" and If you checked 12a or 12b In Part I, answer (b) and (c) below Did the organization have ultimate control and discretion In deCiding whether to make grants to the foreign supported organization? If "Yes," descnbe In Part VI how the organtzatlon had such control and discretion despite being controlled or supervised by or In connection with ItS supported organtzatlons Did the organization support any foreign supported organization that does not have an IRS determination under sections 501(c)(3) and 509(a)( 1) or (2)? If "Yes," explain In Part VI what controls the organtzatlon used to ensure that all support to the foreign supported organtzatlon was used exclusively for section 170(c)(2)(8) purposes Did the organization add, substitute, or remove any supported organizations dUring the tax year? If "Yes," answer (b) and (c) below (If applicable) Also, proVide detatl In Part VI, including (I) the names and EIN numbers of the supported organtzatlons added, substituted, or removed, (II) the reasons for each such action, (III) the authonty under the organtzatlon's organtZlng document authonzlng such action, and (IV) how the action was accomplished (such as by amendment to the organtZlng document) 1 2 3a 3b 3c 4a 4b 4c Sa b Type I or Type II only. Was any added or substituted supported organization part of a class already designated In the organization's organizing document' Sb c Substitutions only. Was the substitution the result of an event beyond the organization's control? Sc 6 Did the organization prOVide support (whether In the form of grants or the provIsion of services or faCilities) to anyone other than (I) ItS supported organizations, (II) indiViduals that are part of the charitable class benefited by one or more of ItS supported organizations, or (III) other supporting organizations that also support or benefit one or more of the filing organization's supported organizations? If "Yes," proVide detatl In Part VI. 7 Did the organization prOVide a grant, loan, compensation, or other Similar payment to a substantial contributor (defined In section 4958(c)(3)(C)), a family member of a substantial contributor, or a 35% controlled entity with regard to a substantial contributor? If "Yes," complete Part I of Schedule L (Form 990 or 990-EZ) 8 Did the organization make a loan to a disqualified person (as defined In section 4958) not desCribed In line 7? If "Yes," complete Part I of Schedule L (Form 990 or 990-EZ) 9a Was the organization controlled directly or indirectly at any time dUring the tax year by one or more disqualified persons as defined In section 4946 (other than foundation managers and organizations deScribed In section 509(a)(1) or (2))? If "Yes," proVide detatl In Part VI. b Did one or more disqualified persons (as defined In line 9a) hold a controlling Interest In any entity In which the supporting organization had an Interest' If "Yes," proVide detail In Part VI. c Did a disqualified person (as defined In line 9a) have an ownership Interest In, or derive any personal benefit from, assets In which the supporting organization also had an Interest' If "Yes," proVide detail In Part VI. lOa b Was the organization subject to the excess business holdings rules of section 4943 because of section 4943(f) (regarding certain Type II supporting organizations, and all Type III non-functionally Integrated supporting organizations)? If "Yes," answer line lOb below Did the organization have any excess business holdings In the tax year? (Use Schedule C, Form 4720, to determine whether the organtzatlon had excess business holdings) 6 7 8 9a 9b 9c lOa lOb No Schedule A (Form 990 or 990-EZ) 2018 l:F.YiiM Page Supporting Organizations (continued) Yes No Yes No Yes No Yes No Has the organization accepted a gift or contribution from any of the following persons? 11 a A person who directly or indirectly controls, either alone or together with persons described In (b) and (c) below, the governing body of a supported organization? b A family member of a person described In (a) above? 11b c A 35% controlled entity of a person described In (a) or (b) above? If "Yes" to a, b, or c, provide detail In Part VI 11c S ectlon B. Type I S upportmg o rganlzatlons 1 Did the directors, trustees, or membership of one or more supported organizations have the power to regularly appoint or elect at least a majority of the organization's directors or trustees at all times dUring the tax year? If "No," descnbe In Part VI how the supported organlzatlon(s) effectively operated, supervised, or controlled the organization's activities If the organization had more than one supported organization, descnbe how the powers to appoint and/or remove directors or trustees were allocated among the supported organizations and what conditions or restnctlons, If any, applied to such powers dunng the tax year 2 Did the organization operate for the benefit of any supported organization other than the supported organlzatlon(s) that operated, supervised, or controlled the supporting organization? If "Yes," explain In Part VI how providing such benefit carned out the purposes of the supported organlzatlon(s) that operated, supervised or controlled the supporting organization S ectlon 1 2 c . Type II S upportmg o rganlzatlons Were a majority of the organization's directors or trustees dUring the tax year also a majority of the directors or trustees of each of the organization's supported organlzatlon(s)7 If "No," descnbe In Part VI how control or management of the supporting organization was vested In the same persons that controlled or managed the supported organlzatlon(s) 1 11a 1 Section D. All Type III Supporting Organizations 1 Did the organization provide to each of ItS supported organizations, by the last day of the fifth month of the organization's tax year, (I) a written notice describing the type and amount of support provided dUring the prior tax year, (II) a copy of the Form 990 that was most recently filed as of the date of notification, and (III) copies of the organization's governing documents In effect on the date of notification, to the extent not previously provided? 2 Were any of the organization's officers, directors, or trustees either (I) appointed or elected by the supported organization (s) or (II) serving on the governing body of a supported organization? If "No," explain In Part VI how the organization maintained a close and continuous working relationship with the supported organlzatlon(s) 3 By reason of the relationship described In (2), did the organization's supported organizations have a significant vOice In the organization's Investment policies and In directing the use of the organization's Income or assets at all times dUring the tax year? If "Yes," descnbe In Part VI the role the organization's supported organizations played In this regard 1 2 3 Section E. Type III Functionally-Integrated Supportmg Organizations Check the box next to the method that the organization used to satisfy the Integral Part Test dUring the year (see instructions) 1 a b c 2 D D D The organization satisfied the Activities Test Complete line 2 below The organization IS the parent of each of ItS supported organizations Complete line 3 below The organization supported a governmental entity Describe In Part VI how you supported a government entity (see instructions) Activities Test Answer (a) and (b) below. a Did substantially all of the organization's activities dUring the tax year directly further the exempt purposes of the supported organlzatlon(s) to which the organization was responsive? If "Yes," then In Part VI identify those supported organizations and explain how these activities directly furthered their exempt purposes, how the organization was responsive to those supported organizations, and how the organization determined that these activities constituted substantially all of ItS actIVities Yes 2a b Did the activities described In (a) constitute activities that, but for the organization's Involvement, one or more of the organization's supported organlzatlon(s) would have been engaged In? If "Yes," explain In Part VI the reasons for the organization's position that ItS supported organlzatlon(s) would have engaged In these activities but for the organization's Involvement 3 2b Parent of Supported Organizations Answer (a) and (b) below. a Did the organization have the power to regularly appoint or elect a majority of the officers, directors, or trustees of each of the supported organizations? Provide detatfs In Part VI. 3a b Did the organization exercise a substantial degree of direction over the policies, programs and activities of each of ItS supported organizations? If "Yes," descnbe In Part VI. the role played by the organization In this regard 3b No 5 Schedule A (Form 990 or 990-EZ) 2018 Imu 1 D Page 6 Type III Non-Functionally Integrated S09(a)(3) Supporting Organizations Check here If the organization satisfied the Integral Part Test as a qualifYing trust on Nov 20, 1970 (explain In Part VI) See supportlnq orqanlzatlons must complete ectlons A t h rouqlh E instructions. All ot h er TI vpe III non- f unctlona IIIV Inteqrated i S Section A - Adjusted Net Income 1 Net short-term capital gain 1 2 Recoveries of prior-year distributions 2 3 Other gross Income (see instructions) 3 4 Add lines 1 through 3 4 5 Depreciation and depletion 5 6 Portion of operating expenses paid or Incurred for production or collection of gross Income or for management, conservation, or maintenance of property held for production of Income (see instructions) 6 7 Other expenses (see instructions) 7 8 Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) 8 Section B - Minimum Asset Amount 1 Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year) (A) Prior Year (8) Current Year (optional) (A) Prior Year (8) Current Year (optional) 1 a Average monthly value of seCUrities la b Average monthly cash balances lb c Fair market value of other non-exempt-use assets lc d Total (add lines la, lb, and lc) ld e Discount claimed for blockage or other factors (explain In detail In Part VI) 2 AcquIsition Indebtedness applicable to non-exempt use assets 2 3 Subtract line 2 from line ld 3 4 Cash deemed held for exempt use Enter 1-1/2% of line 3 (for greater amount, see instructions) 4 5 5 Net value of non-exempt-use assets (subtract line 4 from line 3) 6 Multiply line 5 by 035 6 7 Recoveries of prior-year distributions 7 Minimum Asset Amount (add line 7 to line 6) 8 8 Current Year Section C - Distributable Amount 1 Adjusted net Income for prior year (from Section A, line 8, Column A) 1 2 Enter 85% of line 1 2 3 Minimum asset amount for prior year (from Section 8, line 8, Column A) 3 4 Enter greater of line 2 or line 3 4 5 Income tax Imposed In prior year 5 6 Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) 6 7 D Check here If the current year IS the organization's first as a non-functionallY-integrated Type III supporting organization (see instructions) Schedule A (Form 990 or 990-EZ) 2018 M:F.YiW Type Page 7 III Non-Functionally Integrated S09(a)(3) Supporting Organizations (continued) Current Year Section D - Distributions 1 Amounts paid to supported organizations to accomplish exempt purposes 2 Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, In excess of Income from activity 3 Administrative expenses paid to accomplish exempt purposes of supported organizations 4 Amounts paid to acquire exempt-use assets 5 Qualified set-aside amounts (prior IRS approval required) 6 Other distributions (describe In Part VI) See instructions 7 Total annual distributions. Add lines 1 through 6 8 Distributions to attentive supported organizations to which the organization IS responsive (provide details In Part VI) See instructions 9 Distributable amount for 2018 from Section C, line 6 10 Line 8 amount divided by Line 9 amount Section E - Distribution Allocations (see instructions) (i) Excess Distributions (ii) Underdistributions Pre-2018 (iii) Distributable Amount for 2018 1 Distributable amount for 2018 from Section C, line 6 2 Underdlstrlbutlons, If any, for years prior to 2018 (reasonable cause requlred-- explain In Part VI) See instructions 3 Excess distributions carryover, If any, to 2018 a From 2013. b From 2014. c From 2015. d From 2016. e From 2017. f Total of lines 3a through e 9 h i Applied to underdlstrlbutlons of prior years Applied to 2018 distributable amount Carryover from 2013 not applied (see instructions) j Remainder Subtract lines 3g, 3h, and 31 from 3f 4 Distributions for 2018 from Section D, line 7 $ a Applied to underdlstrlbutlons of prior years b Applied to 2018 distributable amount c Remainder Subtract lines 4a and 4b from 4 5 Remaining underdlstrlbutlons for years prior to 2018, If any Subtract lines 3g and 4a from line 2 If the amount IS greater than zero, explain In Part VI See instructions 6 Remaining underdlstrlbutlons for 2018 Subtract lines 3h and 4b from line 1 If the amount IS greater than zero, explain In Part VI See instructions 7 Excess distributions carryover to 2019. Add lines 3J and 4c 8 Breakdown of line 7 a Excess from 2014. b Excess from 2015. c Excess from 2016. d Excess from 2017. e Excess from 2018. Schedule A (Form 990 or 990-EZ) (2018) Additional Data Software ID: Software Version: EIN: Name: 45-2263797 Hispanics for School Choice Educational Trust Fund Page 8 Schedule A (Form 990 or 990-EZ) 2018 Supplemental Information. Provide the explanations required by Part II, line 10, Part II, line 17a or 17b, Part III, line 12, Part IV, Section A, lines 1, 2, 3b, 3c, 4b, 4c, Sa, 6, 9a, 9b, 9c, 11a, 11b, and 11c, Part IV, Section B, lines 1 and 2, Part IV, Section C, line 1, Part IV, Section D, lines 2 and 3, Part IV, Section E, lines lc, 2a, 2b, 3a and 3b, Part V, line 1, Part V, Section B, line le, Part V Section D, lines 5, 6, and 8, and Part V, Section E, lines 2, 5, and 6 Also complete thiS part for any additional information (See instructions) Facts And Circumstances Test efile GRAPHIC rint - DO NOT PROCESS SCHEDULE D Intem~d TreJ~uT"\ Re\ C"nuC" ~ef\ Ice DLN:9349324801SS39 OMB No 1545-0047 Supplemental Financial Statements (Form 990) DepJrtmc-nt of the As Filed Data - 2018 ~ Complete if the organization answered "Yes," on Form 990, Part IV, line 6,7,8,9, 10, lla, llb, llc, lld, lle, l1f, 12a, or 12b. ~ Attach to Form 990. ~ Go to www.irs.qov/Form990 for the latest information. Open to Public Inspection Employer identification number Name of the organization Hispanics for School Choice Educational Trust Fund lb" 45-2263797 Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete If the organization answered "Yes" on Form 990 , Part IV , line 6 (a) Donor adVised funds (b)Funds and other accounts 1 Total number at end of year 2 Aggregate value of contributions to (dUring year) 3 Aggregate value of grants from (dUring year) 4 Aggregate value at end of year 5 Did the organization Inform all donors and donor adVisors In writing that the assets held In donor adVised funds are the organization's property, subject to the organization's exclUSive legal control? DYes D No 6 Did the organization Inform all grantees, donors, and donor adVisors In writing that grant funds can be used only for charitable purposes and not for the benefit of the donor or donor adVisor, or for any other purpose conferring Impermissible private benefit? DYes D No lb'" 1 Conservation Easements. Complete If the organization answered "Yes" on Form 990, Part IV, line 7. Purpose(s) of conservation easements held by the organization (check all that apply) D D D 2 Preservation of land for public use (e g , recreation or education) Protection of natural habitat D D Preservation of an historically Important land area Preservation of a certified histOriC structure Preservation of open space Complete lines 2a through 2d If the organization held a qualified conservation contribution In the form of a conservation easement on the last day of the tax year Held at the End of the Year a Total number of conservation easements 2a b Total acreage restricted by conservation easements 2b c Number of conservation easements on a certified histOriC structure Included In (a) 2c d Number of conservation easements Included In (c) acquired after 7/25/06, and not on a histOriC structure listed In the National Register 2d 3 Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization dUring the tax year ~ _ _ _ _ _ _ _ _ _ __ 4 Number of states where property subject to conservation easement IS located ~ _ _ _ _ _ _ _ _ _ __ 5 Does the organization have a written policy regarding the periodiC monitoring, inSpection, handling of Violations, and enforcement of the conservation easements It holds? 6 Staff and volunteer hours devoted to monitoring, inspecting, handling of Violations, and enforCing conservation easements dUring the year ~ 7 DYes D No ----------- Amount of expenses Incurred In monitoring, inspecting, handling of Violations, and enforCing conservation easements dUring the year ~$-------8 Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)(I) and section 170(h)(4)(B)(II)? 9 DYes D No In Part XIII, describe how the organization reports conservation easements In ItS revenue and expense statement, and balance sheet, and Include, If applicable, the text of the footnote to the organization's financial statements that describes the organization's accounting for conservation easements .@.ff. Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets. Complete If the organization answered "Yes" on Form 990, Part IV, line 8. la If the organization elected, as permitted under SFAS 116 (ASC 958), not to report In ItS revenue statement and balance sheet works of art, historical treasures, or other Similar assets held for publiC exhibition, education, or research In furtherance of publiC serVice, provide, In Part XIII, the text of the footnote to ItS financial statements that describes these Items b If the organization elected, as permitted under SFAS 116 (ASC 958), to report In ItS revenue statement and balance sheet works of art, historical treasures, or other Similar assets held for publiC exhibition, education, or research In furtherance of public serVice, provide the follOWing amounts relating to these Items ~ (i) Revenue Included on Form 990, Part VIII, line 1 2 $ ~$ (ii)Assets Included In Form 990, Part X -------- ---------- If the organization received or held works of art, historical treasures, or other Similar assets for financial gain, provide the follOWing amounts required to be reported under SFAS 116 (ASC 958) relating to these Items a Revenue Included on Form 990, Part VIII, line 1 b Assets Included In Form 990, Part X For Paperwork Reduction Act Notice, see the Instructions for Form 990. ~$-------­ ~$ Cat No 52283D Schedule D (Form 990) 2018 Schedule D (Form 990) 2018 ibihi 3 Page 2 Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued) USing the organization's acquIsition, acceSSion, and other records, check any of the following that are a significant use of ItS collection Items (check all that apply) a b c D d Public exhibition e D Scholarly research D Preservation for future generations D D Loan or exchange programs Other 4 Provide a description of the organization's collections and explain how they further the organization's exempt purpose In Part XIII 5 DUring the year, did the organization solicit or receive donations of art, historical treasures or other similar assets to be sold to raise funds rather than to be maintained as part of the organization's collection? l$iN DYes D No Escrow and Custodial Arrangements. Complete If the organization answered "Yes" on Form 990, Part IV, line 9, or reported an amount on Form 990, Part X, line 21. la Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not Included on Form 990, Part X? If "Yes," explain the arrangement In Part XIII and complete the following table Beginning balance lc d Additions dUring the year ld e Distributions dUring the year le f Ending balance 1f b Did the organization Include an amount on Form 990, Part X, line 21, for escrow or custodial account liability? DYes If "Yes," explain the arrangement In Part XIII Check here If the explanation has been provided In Part XIII D • :r.Ti.iIIl'. D No Amount b c 2a DYes •• D No Endowment Funds. Complete If the organization answered "Yes" on Form 990, Part IV, line 10 . (a)Current year (b)Pnor year (c)Two years back (d)Three years back (e)Four years back la Beginning of year balance b Contributions c Net Investment earnings, gains, and losses d Grants or scholarships e Other expenditures for facilities and programs f Administrative expenses 9 End of year balance 2 Provide the estimated percentage of the current year end balance (line 19, column (a)) held as a Board designated or quasI-endowment b Permanent endowment c Temporarily restricted endowment ~ ~ ~ The percentages on lines 2a, 2b, and 2c should equal 100% 3a Are there endowment funds not In the possession of the organization that are held and administered for the organization by b 4 Yes No 3a(i) 3a(ii) 3b (i) unrelated organizations (ii) related organizations If "Yes" on 3a(II), are the related organizations listed as required on Schedule R? Describe In Part XIII the Intended uses of the organization's endowment funds I@U' Land, Buildings, and Equipment. Complete If the or~anlzatlon answered "Yes" on Form 990, Part IV, line lla. See Form 990, Part X, line 10. (a) Cost or other basIs (b) Cost or other basIs (other) (c) Accumulated depreciation (d) Book value Description of property (Investment) la Land b BUildings c Leasehold Improvements d Equipment e Other Total. Add lines 1a through 1e (Column (d) must equal Form 990, Part X, column (B), line 10(c) ) ~ Schedule D Form 990 2018 Page 3 Schedule D (Form 990) 2018 lifil!)U Investments Other Securities. Complete If the organization answered "Yes" on Form 990, Part IV, line 11b. See Form 990 Part X, line 12. (a) DeScription of security or category (inclUding name of security) (b) Book value (c) Method of valuation Cost or end-of-year market value (1) Financial derivatives (2) Closely-held equity Interests (3)Other (A) (B) (C) (D) (E) (F) (G) (H) - Total. (Column (b) must equal FOfm 990, Part X, col (8) Ime 12 ) Investments ~ Program Related. Complete If the organization answered 'Yes' on Form 990, Part IV, line 11e. See Form 990, Part X, line 13. (b) Book value (a) DeSCription of Investment (c) Method of valuation Cost or end-of-year market value (1) (2) (3) (4) (5) (6) (7) (8) (9) Total. (Column (b) must equal FOfm 990, Part X, col (8) Ime 13 ) .:F.Tiiill':. ~ Other Assets. Complete If the organization answered 'Yes' on Form 990, Part IV, line lld See Form 990, Part X, line 15 (a) DeSCription (b) Book value (1) Note Receivable 7,905 (2) (3) (4) (5) (6) (7) (8) (9) Total. (Column (b) must equal Form 990, Part X, col (8) Ime 15 ) ~ _:F.Tiiill:. Other Liabilities. Complete If the organization answered 'Yes' on Form 990, Part IV, line 11e or 11f. 1. See Form 990 , Part X , line 25 (a) DeSCription of liability 7,905 (b) Book value (1) Federal Income taxes (2) (3) (4) (5) (6) (7) (8) (9) Total. (Column (b) must equal FOfm 990, Part X, col (8) Ime 25 ) ~ 2. Liability for uncertain tax positions In Part XIII, prOVide the text of the footnote to the organization's finanCial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740) Check here If the text of the footnote has been prOVided In Part XIII D Schedule D Form 990 2018 Schedule D (Form 990) 2018 • iii':" Page 4 Reconciliation of Revenue per Audited Financial Statements With Revenue per Return Complete If the organization answered 'Yes' on Form 990, Part IV, line 12a. 1 Total revenue, gains, and other support per audited financial statements 2 Amounts Included on line 1 but not on Form 990, Part VIII, line 12 a Net unrealized gains (losses) on Investments 2a 2b b Donated services and use of facilities c Recoveries of prior year grants 2c d Other (DeSCribe In Part XIII ) 2d e Add lines 2a through 2d 2e Subtract line 2e from line 1 3 4 3 Amounts Included on Form 990, Part VIII, line 12, but not on line 1 a Investment expenses not Included on Form 990, Part VIII, line 7b b Other (DeSCribe In Part XIII ) c Add lines 4a and 4b I 4a I 4b 4c Total revenue Add lines 3 and 4c. (ThiS must equal Form 990, Part I, line 12 ) 5 1 5 Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete If the organization answered 'Yes' on Form 990, Part IV, line 12a. .:F.Tii ..:" 1 Total expenses and losses per audited financial statements 2 Amounts Included on line 1 but not on Form 990, Part IX, line 25 a Donated services and use of facilities 2a b Prior year adjustments 2b c Other losses 2c d Other (DeSCribe In Part XIII ) 2d e Add lines 2a through 2d 2e 3 Subtract line 2e from line 1 4 Amounts Included on Form 990, Part IX, line 25, but not on line 1: 3 a Investment expenses not Included on Form 990, Part VIII, line 7b b Other (DeSCribe In Part XIII ) c 5 1 I 4a I 4b Add lines 4a and 4b 4c Total expenses Add lines 3 and 4c. (ThiS must equal Form 990, Part I, line 18 ) .:F.Tii ..:,... 5 Supplemental Information PrOVide the deSCriptions required for Part II, lines 3, 5, and 9, Part III, lines 1a and 4, Part IV, lines 1b and 2b, Part V, line 4, Part X, line 2, Part XI, lines 2d and 4b, and Part XII, lines 2d and 4b Also complete thiS part to prOVide any additional information Retu rn Reference Explanation Schedule D (Form 990) 2018 Page 5 Schedule D (Form 990) 2018 Supplemental Information (continued) Return Reference Explanation efile GRAPHIC rint - DO NOT PROCESS SCHEDULE 0 (Form 990 or 990EZ) Deportment of the Treo"n, As Filed Data - DLN:9349324801SS39 OMB No 1545-0047 Supplemental Information to Form 990 or 990-EZ Complete to provide information for responses to specific questions on Form 990 or 990-EZ or to provide any additional information. ~ Attach to Form 990 or 990-EZ. ~ Go to www.irs.qov /Form990 for the latest information. Open to Public Inspection Employer identification number ~l &:tNl!I'b~!JIaI'l1~atlon Hispanics for School Choice Educational Trust Fund 45-2263797 990 Schedule 0, Supplemental Information Return Reference Form 990 governing body review Part VI line 11 2018 Explanation All governing body members reviewed a copy of the form 990 before It was filed 990 Schedule 0, Supplemental Information Return Reference Governing documents etc available to public Part VI line 19 Explanation The governing body documents were not made available to the public