2012 Annual Report - Hispanic Association on Corporate
Transcripción
2012 Annual Report - Hispanic Association on Corporate
2012 ANNUAL REPORT HISPANIC ASSOCIATION ON CORPORATE RESPONSIBILITY HACR 2012 Annual Report Index ABOUT HACR AND FACTS ABOUT HISPANICS IN THE U.S. . . . . . . . . . . . . . . . . . . . . . . . 3 A LETTER FROM HACR’S PRESIDENT & CEO . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 2012 HACR BOARD OF DIRECTORS & COALITION MEMBERS. . . . . . . . . . . . . . . . . . . . . . 6 2012 HACR CORPORATE MEMBERS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 THE 20th ANNUAL HACR SYMPOSIUM: THE POWER OF HISPANIC INCLUSIONTM . . . . . . . . . . . 8 THE HACR CEO ROUNDTABLE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 THE HACR CORPORATE DIRECTORS SUMMIT TM. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 THE HACR CORPORATE EXECUTIVES FORUM TM. . . . . . . . . . . . . . . . . . . . . . . . . . . . .13 THE HACR CORPORATE ACHIEVERS SUMMIT . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 THE HACR YOUNG HISPANIC CORPORATE ACHIEVERS TM. . . . . . . . . . . . . . . . . . . . . . . . 17 2012 HACR EVENT GALLERY. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .19 STATEMENT OF FINANCIAL POSITION . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .21 2011 HACR FINANCIALS. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22 2 HISPANIC ASSOCIATION ON CORPORATE RESPONSIBILITY 2012 ANNUAL REPORT Hispanic Association on Corporate Responsibility Founded in 1986, the Hispanic Association on Corporate Responsibility (HACR) is one of the most influential advocacy organizations in the nation representing 16 national Hispanic organizations in the United States and Puerto Rico. Our mission is to advance the inclusion of Hispanics in Corporate America at a level commensurate with our economic contributions. To that end, HACR focuses on four areas of corporate social responsibility and market reciprocity: Employment, Procurement, Philanthropy, and Governance. Collectively, the coalition members reflect the voice of more than 46.6 million Hispanics living in the United States and Puerto Rico, serving those diverse communities through advocacy, education, representation, assistance, capacity building, public policy support, resource development, and the exertion of political influence. HACR Coalition Members work with more than 1,500 affiliate community-based organizations serving the Hispanic community in all 50 states and Puerto Rico, including more than 450 institutions of higher learning enrolling three out of every four U.S. Hispanic college students, and 400 publications with a combined circulation of more than 10 million. HACR’s efforts are accomplished thanks to the involvement of its corporate partners and strong coalition members. Hispanics in the U.S. $1.5 trillion estimated purchasing power by 2015. More than 16% of the U.S. population is Hispanic. 50 million Hispanic consumers in the U.S. are represented by coalition members. Hispanics are the fastest-growing ethnic segment and expected to grow 167% from 2010 to 2050. The per capita income of U.S. Hispanics is higher than any one of the highly coveted BRIC countries (Brazil, Russia, India, China). Source: U.S. Census Bureau; Goldman Sachs Global Economics 3 2012 ANNUAL REPORT HISPANIC ASSOCIATION ON CORPORATE RESPONSIBILITY A Letter from HACR’s President & CEO For almost three decades, the Hispanic Association on Corporate Responsibility’s (HACR) mission has been dedicated to the Carlos F. Orta advancement and inclusion of Hispanics in Corporate America at a level commensurate HACR’S longest running program, the with economic contributions. Annual HACR Symposium: The Power of Collectively, HACR’s 16 coalition members was held in April 2012 in Chicago. More Hispanic Inclusion™, now in its 20th year, reflect the voice of more than 50 million than 200 corporate executives, community Hispanics living in the U.S. and Puerto and thought leaders, and experts from Rico, serving diverse communities through across the country participated in advocacy, education, representation, dynamic discussions and engaged in an assistance, capacity building, public policy open dialogue surrounding some of the support, resource development, and the challenges and opportunities concerning exertion of political influence. Hispanic inclusion in Corporate America. In addition to our coalition members, we are Part of the 2012 programs also included the fortunate to have more than 50 Fortune 500 Corporate Directors Summit™ (CDS) and companies who support HACR’s mission with Corporate Executives Forum™ (CEF) annual both financial and intellectual capital. Some meetings. The HACR CDS provided a unique of the most admired and respected companies opportunity for participants to share best support our programs and initiatives. governance practices, discuss business This unique and powerful alliance with our issues, and explore effective diversity corporate and coalition members allows us to strategies for corporate governance in the fuel our growth and strengthen our mission. C-Suite. The HACR CEF provided participants with an exclusive forum to share best This annual report provides an understanding practices, discuss different business of the organization, our program participants, challenges, exchange solutions, develop our innovative annual programs, and initiatives, strategies for Hispanic inclusion in Corporate as well as our financials. Each initiative, America and capitalize on the opportunity program, and event is strategically aligned to network with peers and Fortune 500 with the organization’s mission, which is a corporate directors. key to our success. 4 HISPANIC ASSOCIATION ON CORPORATE RESPONSIBILITY The sixth-annual HACR CEO Roundtable This year, we were also able to share our featured two dynamic CEOs: Barry Rand of first-ever documentary, Insider Game, with AARP and Tom Long from MillerCoors. And, business and community leaders across 2012 ANNUAL REPORT with Telemundo anchor Norma García as the country. After premiering in Anaheim, moderator, the highest-ranking executives of CA, screenings of the award-winning, short leading Fortune 500 companies successfully documentary film were held in Atlanta, gathered for an insightful conversation Chicago, Los Angeles, Miami, New York, on corporate employment and retention, Portland, and Puerto Rico, in partnership diversity strategies at all levels of the with a variety of national organizations and corporation, and how to engage a fast- Fortune 500 companies. growing Hispanic Consumer Market. We look forward to the coming year where We also had the privilege of honoring 30 we will continue building on the momentum executives during the sixth-annual HACR experienced in the last year. Thanks to our Young Hispanic Corporate Achievers™ (YHCA) stakeholders and sponsors for supporting Program, which recognized talented young HACR’s mission. professionals from Fortune 500 and/or HACR corporate member companies for their exceptional achievements and successful Sincerely, leadership abilities, as well as their ongoing commitment to the Hispanic community. And in its second year, the HACR Corporate Carlos F. Orta Summit (CAS) provided a forum and a series of President & CEO workshops for previous HACR Young Hispanic Corporate Achievers™ to further their leadership development and skills in addressing new challenges in the workplace. This two-day conference also provided the opportunity for its participants to foster the growth of a network that is dedicated to the advancement of Hispanics in Corporate America. 5 2012 ANNUAL REPORT HISPANIC ASSOCIATION ON CORPORATE RESPONSIBILITY 2012 HACR Board of Directors Janet Murguía PRESIDENT & CEO NATIONAL COUNCIL OF LA RAZA HACR Board Chair Guarioné Díaz PRESIDENT & CEO CUBAN AMERICAN NATIONAL COUNCIL HACR Board Vice Chair Ronald Blackburn Moreno PRESIDENT & CEO ASPIRA ASSOCIATION, INC. HACR Board Treasurer Clara Padilla Andrews PRESIDENT NATIONAL ASSOCIATION OF HISPANIC PUBLICATIONS HACR Board Secretary Ignacio Salazar PRESIDENT & CEO SER-JOBS FOR PROGRESS NATIONAL, INC. Immediate Past HACR Board Chair Albert Gonzales NATIONAL COMMANDER AMERICAN GI FORUM OF THE UNITED STATES The Honorable Charles A. Gonzalez CHAIR CONGRESSIONAL HISPANIC CAUCUS INSTITUTE, INC. Dr. Antonio R. Flores PRESIDENT & CEO HISPANIC ASSOCIATION OF COLLEGES AND UNIVERSITIES Margaret Morán NATIONAL PRESIDENT LEAGUE OF UNITED LATIN AMERICAN CITIZENS Alma Morales Riojas PRESIDENT & CEO MANA, A NATIONAL LATINA ORGANIZATION Barbara J. DesMarteu INTERIM PRESIDENT NATIONAL HISPANA LEADERSHIP INSTITUTE Rafael Fantauzzi PRESIDENT & CEO NATIONAL PUERTO RICAN COALITION Manuel “Manny” Gonzalez CEO NATIONAL SOCIETY OF HISPANIC MBAS Javier Palomarez PRESIDENT & CEO UNITED STATES HISPANIC CHAMBER OF COMMERCE Dr. Juan Andrade Jr. PRESIDENT UNITED STATES HISPANIC LEADERSHIP INSTITUTE The Honorable Lincoln Díaz-Balart CHAIRMAN CONGRESSIONAL HISPANIC LEADERSHIP INSTITUTE, INC. 2012 HACR Coalition Members AMERICAN GI FORUM OF THE UNITED STATES ASPIRA ASSOCIATION, INC. CONGRESSIONAL HISPANIC CAUCUS INSTITUTE, INC. CONGRESSIONAL HISPANIC LEADERSHIP INSTITUTE, INC. CUBAN AMERICAN NATIONAL COUNCIL HISPANIC ASSOCIATION OF COLLEGES AND UNIVERSITIES LEAGUE OF UNITED LATIN AMERICAN CITIZENS MANA, A NATIONAL LATINA ORGANIZATION 6 NATIONAL ASSOCIATION OF HISPANIC PUBLICATIONS NATIONAL COUNCIL OF LA RAZA NATIONAL HISPANA LEADERSHIP INSTITUTE NATIONAL PUERTO RICAN COALITION NATIONAL SOCIETY OF HISPANIC MBAS SER-JOBS FOR PROGRESS NATIONAL, INC. UNITED STATES HISPANIC CHAMBER OF COMMERCE UNITED STATES HISPANIC LEADERSHIP INSTITUTE HISPANIC ASSOCIATION ON CORPORATE RESPONSIBILITY 2012 ANNUAL REPORT 2012 HACR Corporate Members Benefactor ALTRIA GROUP DELL FORD MOTOR COMPANY MCDONALD‘S CORPORATION TARGET CORPORATION TIME WARNER WELLS FARGO Generations AETNA AMERICAN EXPRESS ANHEUSER -BUSCH COMPANIES AT&T BANK OF AMERICA CAESARS ENTERTAINMENT CHRYSLER CITIGROUP COMCAST CORPORATION CONAGRA FOODS GENERAL ELECTRIC GENERAL MOTORS JOHNSON & JOHNSON KRAFT FOODS MARRIOTT MILLERCOORS NORTHROP GRUMMAN SODEXO STATE FARM INSURANCE THE HOME DEPOT TOYOTA MOTOR CORPORATION VERIZON COMMUNICATIONS Associate AARP SERVICES AMERICAN PETROLEUM INSTITUTE CISCO SYSTEMS COMERICA CSX CORPORATION DENNY‘S CORPORATION DIAGEO GAMESTOP ING INTEL MACY‘S MANPOWER MARSH & MCLENNAN COMPANIES MGM RESORTS INTERNATIONAL MICROSOFT CORPORATION PEPSICO PRUDENTIAL FINANCIAL TELEMUNDO MEDIA UNITEDHEALTHCARE UPS WALMART WYNDHAM WORLDWIDE 7 2012 ANNUAL REPORT HISPANIC ASSOCIATION ON CORPORATE RESPONSIBILITY The 20th Annual HACR Symposium: The Power of Hispanic Inclusion™ The 20th Annual HACR Symposium: The Power of Hispanic Inclusion™ brought together more than 280 of the nation’s most influential Hispanic leaders, government officials, and corporate executives to discuss and identify effective strategies for achieving greater inclusion and participation of Hispanics in the areas of Employment, Procurement, Philanthropy, and Governance. Cook County State’s Attorney Anita Alvarez. HACR CAS participants Melisa Lopez Franzen, Andres Castillo, and Jessica Frank López. “It was a wonderful experience. The positive Rand; the Chairman of the Society of Human aura from everyone was truly amazing. I enjoyed Resources Management (SHRM), Jose Berrios; meeting everyone and learned more about what and President of the Anheuser-Busch Foundation people, organizations, and corporations are doing Margarita Flores, among others. for the Hispanic community. I am very grateful “Based on the feedback I heard about the that I was given this opportunity,” said Angel weekend events and activities, it was a Zuniga of AGIF. resounding success — great food-for-thought, The 2012 Annual HACR Symposium featured powerful developmental opportunities, a variety of speakers and panelists, including outstanding networking and worthwhile former U.S. Surgeon General Dr. Antonia Novello; recognitions,” said Daisy Auger-Dominguez of Cook County State’s Attorney Anita Alvarez; Time Warner, Inc. “I’m glad I was able to be a MillerCoors CEO Tom Long; AARP CEO A. Barry 8 HISPANIC ASSOCIATION ON CORPORATE RESPONSIBILITY 2012 ANNUAL REPORT part of it and look forward to being part of future Participants had the opportunity to be a part of programs.” in-depth discussions that highlighted successful The panels and conversations examined some diversity strategies and the challenges facing of the challenges related to the lack of Hispanic corporations concerning Hispanic inclusion. inclusion across boardrooms and C-Suites in The Annual HACR Symposium officially closed Corporate America. The sessions highlighted the with an awards ceremony recognizing the importance of philanthropic giving to Hispanic- Hispanic community’s new generation of serving organizations and the benefits of a corporate leaders, the 2012 HACR Young Hispanic diverse supply chain. Also, as part of the Annual Corporate Achievers™ (HACR YHCA) class. The HACR Symposium, one of the panels featured a HACR YHCA program gathered participants for an screening of HACR’s award-winning documentary intensive three-day program where they partook film, Insider Game, followed by a panel discussion in team building exercises, group presentations about corporate governance and Hispanic and challenging panel discussions and sessions. representation. Annual HACR Symposium Trends in Philanthropic Giving Panel and Moderator. NCLR President & CEO Janet Murguía and SER National President & CEO Ignacio Salazar. Telemundo’s Tsi Tsi Ki Félix. HACR CAS and HACR YHCA participants at the Annual HACR Symposium. 9 2012 ANNUAL REPORT HISPANIC ASSOCIATION ON CORPORATE RESPONSIBILITY The HACR CEO Roundtable The annual HACR CEO Roundtable was held on Tuesday, April 17, 2012 during the 20th Annual HACR Symposium: The Power of Hispanic Inclusion™ in Chicago. The HACR CEO Roundtable serves as the main highlight of the Annual HACR Symposium. This year, the event featured two dynamic CEOs: A. Barry Rand of AARP and Tom Long of MillerCoors. The discussion centered on each of their success stories; corporate-wide inclusive companies’ Hispanic inclusion strategies and the employment and retention initiatives. role diversity plays at the different levels of their Other areas that were covered included Hispanic respective corporations. The participants shared consumer market outreach, brand loyalty personal anecdotes and the benefits of making strategy, and best practices for diversity in a business case for Hispanic inclusion. They also corporate boardrooms. discussed the challenges they see regarding the advancement of Hispanics in Corporate America. “We know that the most creative organizations are diverse organizations,” Long said, emphasizing the importance of eliminating redundancy within companies. Telemundo anchor Norma García served as the event’s moderator and successfully engaged the “You cannot give up life long learning,” Rand said, explaining that professional development was a key to success in Corporate America. Those in attendance were also treated to, as part of the discussion, key pieces of advice to achieve success not only in Corporate America but also in their lives. panelists in sharing their ideas; personal Telemundo Anchor and HACR CEO Roundtable Moderator Norma García. 10 AARP CEO A. Barry Rand, NCLR President & CEO Janet Murguía, and MillerCoors CEO Tom Long. HISPANIC ASSOCIATION ON CORPORATE RESPONSIBILITY 2012 ANNUAL REPORT The HACR Corporate Directors Summit™ The fifth annual HACR Corporate Directors Summit™ (CDS) was held in Chicago on April 13-15. The summit hosted Hispanic directors currently serving on corporate boards of Fortune 500 and HACR corporate member companies. Top Row: Patricia Salas Pineda, Tom Castro, Nina Vaca, Michael Montelongo, Patricia Diaz Dennis, Charles P. Garcia, and Lu Córdova. Middle Row: Antonio Garza, Victor Arias, Gilbert Casellas, Tere Canida, Kimberly Casiano, Jorge Castro, Aida Alvarez, and Alejandro Silva. Front Row: Cari Dominguez, Nelson Diaz, Linda Griego, Darren Rebelez, Luis Nieto, Donna Alvarado, Paul Raines, and Al Zapanta. During the three-day summit, participants a great weekend,” said Tere A. Canida of Taplin, exchanged views on Hispanic inclusion and Canida and Habacht, LLC. explored the challenges and solutions to The opening reception was held together with the increasing the number of Hispanics on corporate HACR Corporate Executives Forum™. To kick off boards. Participants also had the opportunity to the evening, U.S. Senator Robert “Bob” Menendez discuss the development of effective diversity (D-NJ) gave a passionate speech about corporate strategies among Fortune 500 companies and diversity and included anecdotes about his own HACR corporate member companies for executive efforts to increase corporate inclusion. leadership and corporate governance. Over the course of the weekend, the featured “Once again, thank you for extending the invitation speakers were three Hispanic CEOs including, to attend the HACR CDS. I applaud your staff for Paul J. Diaz, president and CEO of Kindred Healthcare and Paul Raines, CEO of GameStop. 11 2012 ANNUAL REPORT HISPANIC ASSOCIATION ON CORPORATE RESPONSIBILITY The third CEO, Gerardo “Gerry” Lopez of AMC “It was a pleasure meeting numerous participants Entertainment, gave the keynote speech during of HACR’s programs during their recent the closing reception on Sunday, which was open conference. I appreciate all the hard work by the to attendees from four different programs. HACR team to make the entire conference a great The reception, held on the 95th floor of the John success,” said Donna Alvarado of CSX. Hancock building, served as an opportunity Created by HACR’s Corporate Directors Council for participants from all of HACR’s programs to (CDC), the HACR CDS was developed in 2007 to network with each other. The gathering, which further the organization’s mission to increase the was hosted by Target, had more than 150 guests in number of Hispanics serving on corporate boards. attendance. The intrinsic knowledge offered by the HACR The group was also able to participate in a special CDC allows HACR to better assist its corporate session provided by Korn/Ferry International. partners in advancing Hispanic inclusion efforts on corporate boards. 12 Kindred Healthcare President & CEO Paul J. Diaz. Patricia Diaz Dennis. HACR CDS Name Badges. Nina Vaca. U.S. Senator Robert “Bob” Menendez (D-NJ). GameStop CEO Paul Raines. HISPANIC ASSOCIATION ON CORPORATE RESPONSIBILITY 2012 ANNUAL REPORT The HACR Corporate Executives Forum™ Top executives from Fortune 500 and HACR corporate member companies gathered on April 13-15 in Chicago for the fourth annual meeting of the HACR Corporate Executives Forum™ (CEF). Top Row: Luis Vargas, Kathryn Komsa, Juan Galarraga, Lisa Quiroz, Isaura Gaeta, Mary Willner, Steven Alonso, Lourdes Diaz, and Robert Rodriguez. Middle Row: Jose Luis Prado, Emilio Egea, Ed Loya, Kristin Torres Mowat, David Olivencia, Jose Avalos, Alma Crossley, and Rick Ramirez. Front Row: Gus Viano, Monica Diaz, Raquel Egusquiza, Ivan Zapien, Anne Alonzo, David Ruiz, Frank Ros, Alejandro Hernandez, and Francisco Peschard. This unique event created an open forum for Target, a company that shares the same beliefs, participants that afforded them the opportunity to and I am looking forward to our tremendous discuss different challenges, share best practices, partnership,” said Juan Galarraga, vice president and exchange business solutions, all while healthcare and store compliance at Target. establishing a network of influential peers and also This year, nearly 30 corporate executives Fortune 500 corporate directors. participated in a three-day program that included “This was my third year attending the HACR several business sessions ranging in topics from Corporate Executives Forum™, and I can honestly corporate governance and executive leadership say that each year the program gets better to the business case for Hispanic inclusion and and I get more out of it. This year’s event was an in-depth look at the changing landscape of another wonderful opportunity to network with the Hispanic community in the United States. The colleagues and board members who understand HACR CEF participants enjoyed joint sessions with and advocate the importance of a diversified the HACR CDS members that featured sessions by workforce at all levels. I’m honored to work for Dr. William Klepper from Columbia University who 13 2012 ANNUAL REPORT HISPANIC ASSOCIATION ON CORPORATE RESPONSIBILITY presented the BP Case Study; and a presentation “We were especially pleased to share our findings by professors Richie Zweigenhaft and William “Bill” on Latino CEOs with this group. After our initial Domhoff co-authors of the New CEOs: Women, presentation, we had the most lively question- African American, Latino, and Asian American answer-discussion session we can recall in the Leaders of Fortune 500 Companies. many years since we started writing on diversity In addition, there was a panel hosted by ODX, issues,” said Richie Zweigenhaft and Bill Domhoff. which included speakers, Neil S. Novich and Ruth The HACR CEF was created in June 2008. It Ann Gillis. Also, as part of the fourth anniversary was modeled after the highly successful and of the program, the closing reception honored the influential Executive Leadership Council (ELC), founding company and first legacy partners who the nation’s premier leadership organization supported the HACR CEF program in its first stages comprised of the most senior African-American and endowment initiative: AARP, Coca-Cola, Ford, corporate executives in Fortune 500 companies, Target, Time Warner, and Wells Fargo. representing more than 250 corporations. Ariel Investments Chairman & CEO John Rogers. HACR CEF participants. 14 HACR CEF Legacy and Founding Sponsor Awards. Kraft Foods’ Anne Alonzo. HISPANIC ASSOCIATION ON CORPORATE RESPONSIBILITY 2012 ANNUAL REPORT The HACR Corporate Achievers Summit The second annual HACR Corporate Achievers Summit (CAS) was held April 15-16 in Chicago. The two-day summit brought together more than 20 past participants of HACR’s Young Hispanic Corporate Achievers™ (YHCA) program and provided them the opportunity to network with previous classes and take part in dynamic discussions centered on leadership development. Top Row: Pedro Cuellar, Randall Vitale, Luis Abarca, Jr., Rosa La Puente-Flowers, Andres Castillo, John Valenzuela, and Ben Alvarado. Middle Row: Amanda McPheeters, Jorge Balestra, Harold Gonzalez, Tomaz Seignemartin, Jessica Frank López, Irene Sierra, Melisa Lopez Franzen, and Tanya Quiles-Moreno. Front Row: Dolores Arredondo, Ricardo Acevedo, Nicolás Pérez Stable, Alma Anguiano, Polo Paredes, Sandra Balaguera, and Karina Diehl. During the program, HACR CAS attendees had “The HACR CAS program is the perfect opportunity the opportunity to participate in a leadership to do exactly what this is all about...follow development session with renowned professor, up! Networking and reconnecting with your Dr. William Klepper of Columbia University. classmates and former alumni is the start of a In addition, the President & CEO of Denny’s wealth of possibilities to change the future. Since Corporation, John Miller, addressed participants past HACR YHCA participants suggested this and spoke to the benefits of Hispanic inclusion program, it provides a sense of ownership and within Corporate America. responsibility to make it work each and every year. We can shape the program to fit our true 15 2012 ANNUAL REPORT 16 HISPANIC ASSOCIATION ON CORPORATE RESPONSIBILITY needs. I’m very proud to be a part of this elite inspiring to come together and discuss membership,” said Luis Abarca, Jr., community the similar challenges and triumphs we all relations director at ING Financial Services. encounter in our careers,” said Karina Diehl of HACR CAS participants also had ample MillerCoors. opportunities to engage with the attendees Launched in 2011, CAS is HACR’s newest of other HACR programs for thoughtful program. The program was created to conversation regarding Hispanics on corporate motivate, empower, and reconnect past HACR boards and moving up company ranks. Also YHCA participants to establish a support offering their expert advice were HACR network among executives dedicated to the Corporate Directors Summit™ (CDS) participants advancement of Hispanic inclusion in Corporate Lou Nieto and Victor Arias; and Corporate America through training sessions that use Executives Forum™ (CEF) member Anne Alonzo. critical thinking to become better executives “We all come from different backgrounds and and leaders within their companies to fuel the work in various industries, yet it’s incredibly pipeline. HACR CAS participant Melisa Lopez Franzen. Denny’s President & CEO, John Miller. HACR CAS participant Ben Alvarado. HACR CAS participants Dolores Arredondo, Pedro Cuellar, and Sandra Balaguera. HISPANIC ASSOCIATION ON CORPORATE RESPONSIBILITY 2012 ANNUAL REPORT The HACR Young Hispanic Corporate Achievers™ The Hispanic Association on Corporate Responsibility (HACR) honored 30 young professionals at the 2012 HACR Young Hispanic Corporate Achievers™ (YHCA) program in Chicago held on April 15-17. Now in its sixth year, the HACR YHCA program recognizes talented young professionals from Fortune 500 and/or HACR corporate member companies for their exceptional achievements and successful leadership abilities, as well as their ongoing commitment to the Hispanic community. Longtime corporate member Altria sponsored the program. Top Row: John O’Shea, Noreen Gillen, Carmen Zamora, Mark Palmenter, Ivan Jaime, Sidney Espinosa, Edgar Bermudez, Nestor Lopez, Roger Lopez, Gloria Schoch, Luis Tavarez, Jr., and Marla Gomez. Middle Row: Lladnar Garcia, Alfonso Calderon, Carla Rodriguez, Gerard Borda, Adam Salgado, Mauricio Pincheira, Javier Delgado-Granados, Ricardo Benavidez, Michael Múñoz, and Ivette Fernandez. Front Row: Micheal Diaz, Lennies Gutierrez, Vanessa Nazario, Oscar Cordova, Juana Bordas, Carlos Lora, Jason Fernandez, Jose Olguin, and Frank Perez. 17 2012 ANNUAL REPORT HISPANIC ASSOCIATION ON CORPORATE RESPONSIBILITY Participants gathered for an intensive three-day “Thanks again for everything! I thoroughly enjoyed program where they partook in team building the program and learned a lot,” said Marla Gomez exercises, group presentations and challenging of Intel. panel discussions and sessions which included To qualify for the HACR YHCA program, nominees topics on: corporate diversity, personal branding, and candidates should be of Hispanic heritage and organizational services to enhance internal and and be between the ages of 25-40 at the time the external collaboration, inclusion, and leadership. award is received. They must be employed at a “Thanks again for all your hard work and the support Fortune 500 or HACR corporate member company. during the HACR event. It was a great experience,” Finalists are selected based on their demonstrated said Mauricio Pincheira of General Motors. leadership qualities and capabilities within their The HACR YHCA attendees participated in leadership respective corporations and have a commitment to sessions led by Dr. Juana Bordas, president of the Hispanic community. Mestiza Leadership International. In addition, they Launched in 2007, the HACR YHCA program was heard from UCLA’s Dr. Jorge Cherbosque regarding developed as a way to recognize the outstanding emotional intelligence and from William Arruda, who achievements of young Hispanic professionals in provided insight on the importance of personal Corporate America and further the organization’s branding to help get ahead in Corporate America. vision to increase the number of Hispanics on The participants also had the opportunity to corporate boards. HACR understands the critical connect with HACR’s other program participants importance of Hispanic talent to a company’s during two separate panels, with one panel success and works collaboratively with companies featuring Rocky Egusquiza and Lourdes Diaz. and corporate members to help them identify The other panel featured Isaura Gaeta, Robert the potential of their younger leaders in order to Rodriguez, and Darren Rebelez. continue elevating the power of Hispanic inclusion in the U.S. MassMutual’s Michael Múñoz and Dr. Juana Bordas. 18 Altria’s Joe Murillo, HACR YHCA participant Noreen Gillen, and HACR’s Carlos Orta. HISPANIC ASSOCIATION ON CORPORATE RESPONSIBILITY 2012 ANNUAL REPORT 2012 HACR Event Gallery The Chicago Skyline from the 95th floor of the John Hancock Center. ASPIRA’s Ronald Blackburn Moreno. LATINO Magazine’s Dalia Smith & McDonald’s Adam Salgado. 14th Surgeon General of the U.S. Dr. Antonia Coello Novello. NPR’s new Chief Marketing Officer Emma Carrasco. 19 2012 ANNUAL REPORT HISPANIC ASSOCIATION ON CORPORATE RESPONSIBILITY 2012 HACR Event Gallery Ford’s Joedis Avila. 20 Society for Human Resource Management’s Jose Berrios. CSX Corporation, Corrections Corporation of America, and Park National Bank board member Donna Alvarado. AMC’s Gerry Lopez. Time Warner, Inc.’s Daisy Auger-Dominguez. HISPANIC ASSOCIATION ON CORPORATE RESPONSIBILITY 2012 ANNUAL REPORT 2011 HACR Statement of Financial Position Revenues & Support Membership Symposium & Conferences Leadership & Education Contributions In-Kind Contributions Interest Income Total Revenue & Support 4.00% 5.00% 41.00% 29.00% $2,442,699 Expenses 13.00% 8.00% $935,100 $355,755 $430,500 $689,550 $20,000 $11,774 Symposium & Conferences Leadership & Education Research & Publications Membership Board Services General & Administrative Total Expenses Net Assets, End of Year $822,401 $575,557 $154,341 $255,262 $85,793 $94,325 $1,987,679 $455,020 *The above information was extracted from HACR’s 2011 audited financial statements prepared by the accounting firm Ribis, Jones & Maresca, P.A. 21 2012 ANNUAL REPORT HISPANIC ASSOCIATION ON CORPORATE RESPONSIBILITY 2011 HACR Financials For more than 25 years, the Hispanic In 2012, HACR’s major source of revenue is Association on Corporate Responsibility (HACR) corporate contributions. The association has worked to advocate for Hispanic inclusion follows the accrual method of accounting, in Corporate America at a level commensurate whereby revenues are recognized when earned with its economic contributions. Through and expenses are recognized when incurred. established national initiatives, to help us complete our mission, HACR provides necessary resources for Hispanic leaders, corporate directors and top corporate executives to gather informational knowledge and work toward the advancement of Latinos from the boardrooms to the C-suites. Among the organization’s signature programs are the Annual HACR Symposium: The Power of Hispanic Inclusion™, the HACR Corporate Directors Summit™, HACR Corporate Executives Forum™, the Corporate Achievers Summit, and the HACR Young Hispanic Corporate Achievers™. The financial statement presentation follows the recommendations of the Financial Accounting Standards Board in its Statement of Financial Accounting Standards (SFAS) No. 117, Financial Statements for Not-for-Profit Organizations. Under SFAS No. 117, the association is required to report information regarding its financial position and activities according to three classes of net assets: unrestricted net assets, temporarily restricted net assets and permanently restricted net assets. This year, HACR also hosted special screenings in major cities across the country to introduce Funding that is restricted by the donor is the award-winning short documentary film, reported as an increase in temporarily or Insider Game. Through the HACR Research permanently restricted net assets, depending Institute, we work throughout the year to on the nature of the restriction. When a time conduct and publish objective research restriction expires or a purpose restriction findings related to Corporate America. is met, temporarily restricted net assets are reclassified to unrestricted net assets and reported in the statement of activities as net assets released from restrictions. 2012 Annual Report Editors: Jason D. León and Josh Silvia Report Produced by: HACR & República, LLC 22