While Hispanics in the Silicon Valley area may not define their activities as philanthropy, nine in 10 have participated in charitable giving and three in four have volunteered their time, a new report says.
The report, “Familia, Fé y Communidad – Giving and Volunteering among Silicon Valley Hispanics,” commissioned by the Hispanic Foundation of Silicon Valley and the Community Foundation of Silicon Valley, found that Hispanics are among the most giving groups in the area.
Hispanics donate 3.9 percent of their income, or slightly more than what whites donate, and double what Asians donate, the survey says.
Hispanics who volunteer average 17 hours a month, higher than any other group, it says.
But their philanthropy tends to be informal, with eight in 10 Hispanics giving to friends or relatives, three in four donating clothes or food, nearly four in 10 volunteering to build or repair things for free and fewer than half donating to nonprofits.
That form of philanthropy is rooted in Hispanic culture and religion, the study says, and is centered in personal networks that include family, friends, neighbors and community.
In response to these findings, the Hispanic Foundation is pursuing several efforts, including starting a Hispanic giving circle to address issues affecting the community, and developing a leadership training program for Hispanics interested in serving on nonprofit boards or other forms of organized philanthropy.