annual report - Hispanic Association on Corporate Responsibility

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HACR 2013
ANNUAL REPORT
INDEX
ABOUT HACR AND FACTS ABOUT HISPANICS IN THE U.S. . . . . . . . . . . . . . . . . . . .3
A LETTER FROM HACR’S INTERIM PRESIDENT & CEO . . . . . . . . . . . . . . . . . . . . . .4
2013 HACR BOARD OF DIRECTORS & COALITION MEMBERS . . . . . . . . . . . . . . . . .6
2013 HACR CORPORATE MEMBERS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .7
THE 21st ANNUAL HACR SYMPOSIUM: THE POWER OF HISPANIC INCLUSIONTM . . . . . . 8
2013 HACR CEO ROUNDTABLE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10
2013 HACR CORPORATE DIRECTORS SUMMIT TM. . . . . . . . . . . . . . . . . . . . . . .
11
2013 HACR CORPORATE EXECUTIVES FORUM TM . . . . . . . . . . . . . . . . . . . . . . . 13
2013 HACR CORPORATE ACHIEVERS SUMMIT. . . . . . . . . . . . . . . . . . . . . . . . . 15
2013 HACR YOUNG HISPANIC CORPORATE ACHIEVERSTM . . . . . . . . . . . . . . . . . . 17
2013 HACR EVENT GALLERY. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19
ABOUT THE HACR RESEARCH INSTITUTE. . . . . . . . . . . . . . . . . . . . . . . . . . . . 21
2012 HACR FINANCIALS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22
2012 HACR STATEMENT OF FINANCIAL POSITION . . . . . . . . . . . . . . . . . . . .. .. . .23
HISPANIC ASSOCIATION
ON CORPORATE RESPONSIBILITY
Founded in 1986, the Hispanic Association on
public policy support, resource development, and
Corporate Responsibility (HACR) is one of the most
the exertion of political influence. HACR Coalition
influential advocacy organizations in the nation
Members work with more than 1,500 affiliate
representing 16 national Hispanic organizations in
community-based organizations serving the
the United States and Puerto Rico. Our mission is
Hispanic community in all 50 states and Puerto
to advance the inclusion of Hispanics in Corporate
Rico, including more than 450 institutions of higher
America at a level commensurate with our
learning enrolling three out of every four U.S.
economic contributions. To that end, HACR focuses
Hispanic college students, and 400 publications with
on four areas of corporate social responsibility
a combined circulation of more than 10 million.
and market reciprocity: Employment, Procurement,
Philanthropy, and Governance.
HACR’s work is possible thanks to the generous
support of its Corporate Members, which includes
Collectively, HACR’s Coalition Members reflect the
to-date, 51 of the largest companies in the U.S.
voice of more than 50 million Hispanics living in
Together the Coalition Members and Corporate
the United States and Puerto Rico, serving those
Members help to provide HACR the resources
diverse communities through advocacy, education,
needed to achieve its mission.
representation, assistance, capacity building,
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 (Brazil, Russia,
India, China) countries.
Source: U.S. Census Bureau; Goldman Sachs Global Economics
HISPANIC ASSOCIATION ON CORPORATE RESPONSIBILITY | 2013 ANNUAL REPORT
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A LETTER FROM HACR’S
INTERIM PRESIDENT & CEO
The rationale is as simple as is it compelling.
Hispanics constitute the largest ethnic sector of the
population, are youngest among all major racial and
ethnic populations, and have a higher labor force
participation rate than any other group in the United
States. Projections forecast by 2050, Hispanics will
account for nearly 30 percent of the nation’s total
population and over one third of the American
workforce. Given these and related statistics, Hispanics
are irrefutably positioned to be a major factor in the
future of the country.
As we move further into the 21st
century, Corporate America is
becoming ever more aware of the
importance of inclusion and diversity
Corporate America is increasingly aware of the
correlation between Hispanics and profitability, as are
they understanding of the dependence upon Hispanics
as a consumer base and as a source of talent for the
workforce today and more so, tomorrow.
to our collective well-being. And, while
Enlightened corporations such as those who are
progress is being made in a number
sponsors and supporters of HACR, understand and
of important ways, recent findings
are committed to assuring the Hispanic voice is
of the HACR Corporate Governance
Study reveal that in the past 20
represented amongst those making decisions in
boardrooms and C-suites across Corporate America.
years only minimal gains in Hispanic
As the premier organization for Hispanic inclusion in
representation on corporate boards
Corporate America, HACR is an association comprised
and in C-suites has been realized.
Since 1986, HACR has been dedicated
of 16 Hispanic-led, national nonprofit organizations.
These 16 Coalition Members reflect the voice of more
than 50 million Hispanic Americans, and form the
foundation of HACR.
to a mission to advance the inclusion
of Hispanics in Corporate America
at a level commensurate with our
economic contributions.
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2013 ANNUAL REPORT | HISPANIC ASSOCIATION ON CORPORATE RESPONSIBILITY
Our work is funded and enabled through the
HRI has stimulated discussion among our corporate
financial and intellectual support we receive from
membership and through dialogue captured vital
select Fortune 500 companies representing various
insights to inform future research.
industries. Working collaboratively with these partners,
we help each to fulfill its own commitment to
HACR continues to grow and evolve with the support
diversity and inclusion, every year we continue
and guidance of our Coalition Members and
to grow.
Corporate Members. Our programs provide valuable
Through offerings of four main programs we work to
quality of our research allows us to best strategize for
keep Hispanics in Corporate America competitive
future generations of Hispanic Americans.
resources to Hispanic corporate leaders, and the
and well informed. These programs provide rigorous
leadership and business training, alongside valuable
As the Interim President and CEO of HACR, I am
opportunities to network with Hispanic executives
proud to be a part of an organization that has
and directors.
accomplished so much for our community over the
nearly three decades since its founding.
The HACR Corporate Executives Forum™ (CEF) and
the HACR Corporate Directors Summit™ (CDS) bring
I extend to all involved, our collective thanks and
together leading Hispanic executives and directors to
invite those who wish to learn more, to reach out;
discuss business issues, challenges, and solutions. The
there are many exciting opportunities ahead in the
HACR Corporate Achievers Summit (CAS) and the
coming year and much progress to be made, for
HACR Young Hispanic Corporate Achievers™ (YHCA)
which this organization is known.
are programs for ‘up and coming’ corporate leaders
who have displayed a deep commitment to the
Sincerely,
Hispanic community.
And, importantly, in the past year, the HACR
Frank D. Alvarez
Research Institute (HRI) published three studies under
Interim President & CEO
the leadership of Dr. Lisette M. Garcia: the 2013
Hispanic Employee Resource Group Study; the 2013
Corporate Governance Study; and the 2013 HACR
Corporate Inclusion Index. Through these studies the
HISPANIC ASSOCIATION ON CORPORATE RESPONSIBILITY | 2013 ANNUAL REPORT
5
2013 HACR
BOARD OF DIRECTORS
MARGARET MORAN
League of United Latin American Citizens
HACR Board Chair
GUARIONE DÍAZ
Cuban American National Council
HACR Board Vice Chair
RONALD BLACKBURN-MORENO
ASPIRA Association, Inc.
HACR Board Treasurer
DR. JUAN ANDRADE, JR.
United States Hispanic Leadership Institute
HACR Board Secretary
JANET MURGUÍA
National Council of La Raza
HACR Immediate Past Chair
ALBERT GONZALES
American GI Forum of the United States
THE HONORABLE RUBÉN HINOJOSA
Congressional Hispanic Caucus Institute, Inc.
THE HONORABLE LINCOLN DÍAZ-BALART
Congressional Hispanic Leadership Institute, Inc.
DR. ANTONIO R. FLORES
Hispanic Association of Colleges and Universities
ALMA MORALES RIOJAS
MANA, A National Latina Organization
CLARA PADILLA ANDREWS
National Association of Hispanic Publications
CECELIA ESPENOZA
National Hispana Leadership Institute
RAFAEL FANTAUZZI
National Puerto Rican Coalition
MANUEL “MANNY” GONZALEZ
National Society of Hispanic MBAs
IGNACIO SALAZAR
SER-Jobs for Progress National, Inc.
JAVIER PALOMAREZ
United States Hispanic Chamber of Commerce
2013 HACR COALITION MEMBERS
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AMERICAN GI FORUM OF THE UNITED STATES
NATIONAL ASSOCIATION OF HISPANIC PUBLICATIONS
ASPIRA ASSOCIATION, INC.
NATIONAL COUNCIL OF LA RAZA
CONGRESSIONAL HISPANIC CAUCUS INSTITUTE, INC.
NATIONAL HISPANA LEADERSHIP INSTITUTE
CONGRESSIONAL HISPANIC LEADERSHIP INSTITUTE, INC.
NATIONAL PUERTO RICAN COALITION
CUBAN AMERICAN NATIONAL COUNCIL
NATIONAL SOCIETY OF HISPANIC MBAS
HISPANIC ASSOCIATION OF COLLEGES AND UNIVERSITIES
SER-JOBS FOR PROGRESS NATIONAL, INC.
LEAGUE OF UNITED LATIN AMERICAN CITIZENS
UNITED STATES HISPANIC CHAMBER OF COMMERCE
MANA, A NATIONAL LATINA ORGANIZATION
UNITED STATES HISPANIC LEADERSHIP INSTITUTE
2013 ANNUAL REPORT | HISPANIC ASSOCIATION ON CORPORATE RESPONSIBILITY
2013 HACR
CORPORATE
MEMBERS
BENEFACTOR
ALTRIA GROUP, INC.
MCDONALD’S CORPORATION
DELL, INC.
TARGET CORPORATION
GENERAL ELECTRIC
TIME WARNER, INC.
INTEL CORPORATION
WELLS FARGO
GENERATIONS
AETNA, INC.
GENERAL MOTORS
ANHEUSER-BUSCH COMPANIES, INC.
JOHNSON & JOHNSON
AT&T
KRAFT FOODS GROUP
BANK OF AMERICA
MILLERCOORS
CAESAR’S ENTERTAINMENT, INC.
NORTHROP GRUMMAN
CHEVRON
SODEXO
CHRYSLER
STATE FARM INSURANCE COS.
CITIGROUP, INC.
TOYOTA MOTOR CORPORATION
COMCAST CORPORATION
VERIZON COMMUNICATIONS
CONAGRA FOODS, INC.
THE WALT DISNEY COMPANY
FORD MOTOR COMPANY
ASSOCIATE
AARP SERVICES
MANPOWERGROUP INC.
AMERICAN PETROLEUM INSTITUTE
MARSH & MCLENNAN COMPANIES
CISCO SYSTEMS
MGM RESORTS INTERNATIONAL
COMERICA BANK
MICROSOFT CORPORATION
CSX CORPORATION
PEPSICO
DENNY’S
PRUDENTIAL FINANCIAL
DIAGEO
TELEMUNDO
THE HOME DEPOT
UNITEDHEALTH GROUP
ING
UNITED PARCEL SERVICE (UPS)
LOWE’S
WALMART
MACY’S
WYNDHAM WORLDWIDE
HISPANIC ASSOCIATION ON CORPORATE RESPONSIBILITY | 2013 ANNUAL REPORT
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THE 21ST ANNUAL
HACR SYMPOSIUM:
THE POWER OF HISPANIC INCLUSION ™
The 21st Annual HACR Symposium: The Power of Hispanic Inclusion™ brought together
more than 200 of the nation’s most influential Hispanic leaders, government officials, and
Fortune 500 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.
Annual HACR Symposium participants.
HACR’s President and CEO Carlos F. Orta and
HACR Board Members with Congresswoman
Sheila Jackson Lee (D-TX).
Ford’s Joedis Avila with HACR YHCA winners
Claudya Arana Sanchez and Jesús Cardoso.
This year’s Annual HACR Symposium featured a
concept of leadership into specific straight-forward
variety of speakers and panelists, including Dr.
practices and behaviors that can be learned by
Barry Posner, eminent scholar and researcher, and
anyone aspiring for a leadership role.
bestselling author of The Leadership Challenge;
Arturo Vargas, executive director of the National
“There were lots of opportunities for interaction and
Association of Latino Elected Officials (NALEO); Leslie
I was impressed with the level of enthusiasm, and
Sanchez, award-winning producer of Insider Game;
energy; with the intensity of learning, really wanting
Dr. Jorge Cherbosque, partner, Emotional Intelligence
to make the most of their time with the topics,
and Diversity Institute; and William Arruda, founder
subjects, and concepts, giving serious consideration
and president of Reach, among others.
to application and how they could leverage their
skills and abilities to make a difference, and with the
The 2013 Annual HACR Symposium kicked off with
way they treated one another, listening carefully to
a business session featuring Dr. Posner’s engaging
other’s experiences, insights, and suggestions,”
discussion about his book, The Leadership Challenge,
Dr. Barry Posner said. “And, it was fun — people had
and his world-renowned, Five Practices of Exemplary
a positive, can do attitude.”
Leadership® model. The model turns the abstract
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2013 ANNUAL REPORT | HISPANIC ASSOCIATION ON CORPORATE RESPONSIBILITY
Delivering a lively keynote discussion was Executive
During the Annual Symposium, HACR released
Director of the National Association of Latino
the initial findings of the latest HACR Research
Elected Officials (NALEO), Arturo Vargas. Mr. Vargas
Institute (HRI) study focusing on providing insight into
gave remarks during the Annual HACR Symposium
Hispanic Employee Resource Groups (ERGs) and their
Luncheon, focused on the results of the 2012 Election
development, growth, and continued success. The
Cycle and future political trends as they relate to the
panel was led by Dr. Lisette Garcia, director of the
Hispanic vote.
HRI and featured an array of panelists who shared
keen insights of the extensive research study.
New this year, were the two Business Sessions
dedicated to C-Suite Roundtables featuring
Also part of the two-day program was guest
executives from companies such as McDonald’s,
favorite, William Arruda, founder of Reach Personal
Northrop Grumman, Quaker Foods North America,
Branding. He said, “HACR is a huge bright spot for
Target, and Wyndham Worldwide. The first panel
me each year and this year was no exception. It’s
featured top female executives who shattered the
a rare privilege to be in the company of so many
glass ceiling at their respective companies and
professional, engaged, motivated, fun, and interesting
throughout their careers, discussing key leadership
people.” “There was enough energy in the room to
best practices that have defined success for them.
power Houston for weeks!” added Arruda.
Following was a panel featuring three top executives
who have achieved much success throughout their
The Annual HACR Symposium officially closed with
careers and whose experiences provided them with
an awards ceremony recognizing the Hispanic
unique perspectives to offer.
community’s new generation of corporate
executives, the 2013 HACR Young Hispanic Corporate
Achievers™ (YHCA) class.
Macy’s Dineen Garcia.
Annual HACR Symposium participants with Marriott’s
Apoorva Gandhi.
Dr. Barry Posner.
HISPANIC ASSOCIATION ON CORPORATE RESPONSIBILITY | 2013 ANNUAL REPORT
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2013 HACR
CEO ROUNDTABLE
The annual HACR CEO Roundtable was held
during the 21st Annual HACR Symposium. The
HACR CEO Roundtable served as the main
highlight and this year, the event featured
three dynamic CEOs: Denny’s Corporation’s
John Miller, MGM Resorts International’s
James J. Murren, and Telemundo’s Emilio
Romano. The discussion centered on each
of the participant’s respective companies’
Hispanic inclusion strategies and the role
diversity plays at the different levels of their
organizations.
Denny’s CEO John Miller, MGM Resorts International’s CEO
James J. Murren, Telemundo Anchor and HACR CEO Roundtable
Moderator Norma García, and Telemundo President
Emilio Romano.
Each CEO shared personal anecdotes and discussed the
Each CEO also had the opportunity to elaborate on
benefits of making a business case for Hispanic inclusion
what diversity and inclusion meant for their company.
at their respective companies.
Denny’s Corporation CEO John Miller said, “the test of
true diversity is a test of fairness and equal access to
“Our most important assets are our people…33 percent
opportunity; the test is how dynamic our culture can
are Hispanic. We spend a great deal of time on our
be and the power we can draw from respecting our
diversity initiatives and training, not just from the
differences. In finding the things we have in common
traditional definition of diversity but broad diversity of
we can unite as a very powerful nation. We have done
thought, ideas, and backgrounds” said, MGM Resorts
it better than other places around the globe, but we
International CEO James J. Murren.
haven’t done it well enough, there are still things that
we have not learned to solve and it’s evident. And that’s
They also discussed the successes their companies
why symposiums like this are still necessary.”
have had in terms of the advancement of Hispanics.
“NBCUniversal and Comcast are really doing a very good
Noticiero Telemundo 39 anchor Norma Garcia served as
job on diversity. Comcast has the Joint Diversity Council
the event’s moderator for the fifth year. She successfully
which represents the many voices of our employees
engaged the panelists in sharing their personal success
and provides a space for them to offer input on how to
stories; Hispanic consumer market outreach strategies;
continually improve diversity at Comcast,” said President
and best practices for providing diversity.
of Telemundo Emilio Romano.
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2013 ANNUAL REPORT | HISPANIC ASSOCIATION ON CORPORATE RESPONSIBILITY
2013 HACR
CORPORATE DIRECTORS SUMMIT ™
The sixth annual HACR Corporate Directors Summit™ (CDS) took place in Houston, TX on April
19-21. The Summit hosted over two dozen directors currently serving on corporate boards of
Fortune 500 and HACR Corporate Member companies.
Top Row: Fernando Aguirre, Victor Arias, Jr., Donna M. Alvarado, Darren Rebelez, and Luis P. Nieto. Middle Row: Luis Ramirez,
Gilbert F. Casellas, Cari M. Domiguez, Patricia Diaz Dennis, Tom Castro, Dr. J. Mario Molina, and Al Zapanta. Front Row: Lu M. Córdova,
Patricia Salas Pineda, Aida Alvarez, Jose Luis Prado, Alejandro Silva, Nelson A. Diaz, and Michael Montelongo.
During the three-day summit, directors exchanged
“What a great opportunity to gather with other Latino
views on Hispanic inclusion and explored the challenges
directors who are interested in opening doors in the
and solutions to increasing the number of Hispanics
C-suites of Corporate America,” said Judge Nelson A.
on corporate boards. Participants also had the
Diaz, board member of Exelon Corporation.
opportunity to discuss the development of effective
diversity strategies among Fortune 500 companies
Over the course of the weekend, featured speakers
and HACR Corporate Member companies for executive
included: Fernando Aguirre, former president and CEO
leadership and corporate governance.
of Chiquita Brands and board member of Aetna and
Levi Strauss & Company, Dr. William Klepper, Columbia
The opening reception was held jointly with the
University, and Ava D. Youngblood and Susan Annunzio
HACR Corporate Executives Forum™. To kick off the
of CEOcraft.
evening, Dr. J. Mario Molina, president and CEO, Molina
Healthcare, Inc., one of a few Fortune 500 companies
The closing reception was held at the historic Rice
founded by Hispanics, spoke about the history of the
Hotel, site of President John F. Kennedy’s speech to the
company, founded by his father, and its rise to be a
League of United Latin American Citizens (LULAC) the
leading healthcare company.
night before he was assassinated and where First Lady,
Jacqueline Kennedy also spoke before the assembly
HISPANIC ASSOCIATION ON CORPORATE RESPONSIBILITY | 2013 ANNUAL REPORT
11
in Spanish. President and CEO of AT&T Mobility Ralph
de la Vega gave the keynote address during the closing
dinner, which included attendees from all four of HACR’s
programs. Nearly 200 guests attended the reception
and dinner.
“The 2013 Corporate Directors Summit™ was a very
worthwhile event,” said Patricia Salas Pineda, board
member of Levi Strauss & Company. “I had the
opportunity to meet other experienced and capable
Latino corporate directors and to hear from a variety of
first-rate speakers.”
MassMutual’s James K. McAndrews
and Patricia Diaz Dennis.
Another highlight was Dr. Barry Posner, eminent scholar
and researcher, and the bestselling author of The
Leadership Challenge. Everyone’s favorite, Dr. William
Klepper, Columbia University, once again “held class” as
he discussed with the CDS and CEF participants, the HP
case study.
The HACR CDS was developed to further the
organization’s mission to increase the number of
Hispanics serving on corporate boards. The intrinsic
knowledge offered by CDS participants allows HACR
to better assist its corporate members in advancing
Hispanic inclusion on their corporate boards.
Toyota’s Patricia Salas Pineda.
Molina Healthcare’s Dr. J. Mario Molina.
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2013 ANNUAL REPORT | HISPANIC ASSOCIATION ON CORPORATE RESPONSIBILITY
2013 HACR
CORPORATE EXECUTIVES FORUM ™
This year, the HACR Corporate Executives Forum™ (CEF) celebrated its fifth anniversary in
Houston, TX on April 19-21. This unique annual meeting created an open forum for participants
to discuss different challenges, share best practices, and exchange business solutions, all while
establishing a network of influential peers and also Fortune 500 corporate directors.
Top Row: Alejandro Hernández, Frank Ros, Consuelo Madere, Rudy Beserra, Rafael Díaz-Granados, Joe C. Ponce, David Olivencia,
Richard Camejo, David Ruiz, and Rick Ramirez. Middle Row: Luis Vargas, Manuel Martin Alvarez, Jose Avalos, Monica Martinez,
Anne Alonzo, Lourdes Díaz, Jennifer Armogan, and Orlando Padilla. Front Row: Carla Piñeyro Sublett, Rocky Egusquiza, Erica Flores,
Monica Diaz, Ernesto Felix, Christine Ingrando, Isaura Gaeta, and Lorie Valle-Yañez.
This year, 30 corporate executives participated in
“The best part of the entire experience was meeting
a three-day annual meeting that included several
such engaging, influential, and well respected Hispanic
business sessions ranging in topics from corporate
leaders who are committed to shaping Corporate
governance and executive leadership to the business
America to have greater Latino representation. I look
case for Hispanic inclusion and an in-depth look at
forward to my continued participation in the HACR
the changing landscape of the Hispanic community
CEF program so I can help shape my organization as
in the United States. “This was my first year attending
well,” Ms. Ingrando added.
the HACR CEF program, it was such a rewarding
experience. I gained so much from the leadership
The HACR CEF participants enjoyed sessions that
presentations, speakers, and networking opportunities
featured Dr. William Klepper from Columbia University
the forum offered,” said Christine Ingrando, stores
who presented the HP Case Study; as well as a special
regional director for Target Corporation.
presentation by Robert E. Sanchez, president, CEO,
HISPANIC ASSOCIATION ON CORPORATE RESPONSIBILITY | 2013 ANNUAL REPORT
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and board member of Ryder Systems Inc. and board
member of Texas Instruments, Inc.
“HACR, through its Corporate Executives Forum™,
Corporate Directors Summit™, Corporate Achievers
Summit, Young Hispanic Corporate Achievers™, the
Annual Symposium, and CEO Roundtable, brought
together in a span of five days powerful agendas and
programs that attract the top Hispanic Leaders in
the country,” said Frank Ros, vice president of Hispanic
strategies for The Coca-Cola Company. “In these five
days, you can engage in a conversation with a Fortune
500 board member; listen to CEOs address questions
Target’s Juan Galarraga.
on the Latino market; have constructive dialogue with
your peers in Corporate America; share thoughts on
critical issues impacting the Latino community with a
national Hispanic community leader, or mentor a young
professional. There are not many places you can go to
and engage with so many talented individuals in such a
short time,” he added.
As part of the CEF’s fifth anniversary, the newest
members of the CEF Legacy Endowment, Dell,
McDonald’s, and UPS, were honored along with the
Executive Leadership Council (ELC). ELC’s President and
HACR’s Carlos F. Orta, ELC’s Ron Parker, and LULAC’s
Margaret Moran.
CEO, Ron Parker, accepted the award on behalf of ELC
and its members.
The HACR CEF was created in June 2008 and modeled
after the highly successful and influential programs
offered by ELC. ELC is the nation’s premier leadership
organization comprised of the most senior AfricanAmerican corporate executives in Fortune 500
companies, representing more than 250 corporations
and more than 500 individual members.
Congressman Al Green (D-TX) and NCLR’s
Janet Murguía.
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2013 ANNUAL REPORT | HISPANIC ASSOCIATION ON CORPORATE RESPONSIBILITY
2013 HACR
CORPORATE ACHIEVERS SUMMIT
The third annual HACR Corporate Achievers Summit (CAS) was held April 21-22 in Houston, TX.
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: Edgar Bermudez, Carlos Armando Lora, Noreen L. Gillen, Jason Fernandez, Jose F. Olguín, and Andy Valenzuela. Middle
Row: Ben Alvarado, Jorge Balestra, Mauricio Pincheira, Luis Tavárez, and Nestor López. Front Row: Adam Salgado, Tania Calderon,
Selene Benavides, Lisa Tenório, Carla Rodríguez, and Miguel Aguilar.
This year, HACR CAS participants had the opportunity
and pride with which I was filled when I left HACR’s
to partake in a leadership development session with
Young Hispanic Corporate Achievers™ program,” said
renowned professor Dr. William Klepper of Columbia
Tania Calderon, director of product, marketing and
University and Dr. Barry Posner, bestselling author of
strategy for Wyndham Vacation Ownership. “The
The Leadership Challenge, an award-winning teacher
program perfectly aligned with my current personal
and educator, and one of the Top 50 Leadership
development needs, and brought me together with
Coaches in America.
the type of inspiring individuals who have broken
through barriers and have laid the foundation for
“Through the Corporate Achievers Summit I was able
the next generation to take over the responsibility of
to reconnect with not only fellow Achievers from years
advancing our culture.”
past, but also with that sense of greater purpose
HISPANIC ASSOCIATION ON CORPORATE RESPONSIBILITY | 2013 ANNUAL REPORT
15
Another highlight was hearing from the newly
corporate ladder, and many participated in the
appointed President and CEO of Ryder System Inc.,
Annual HACR Symposium.
Robert E. Sanchez, who shared with participants his
journey of success, lessons learned along the way, and
“HACR’s Corporate Achievers Summit continues to
the importance of leadership in business.
deliver a great agenda that always leaves you wanting
more! Every year I return, I build new relationships that
“The HACR CAS program was an incredible experience
inspire me to continue investing in the community and
for me. I am always open to stretching myself and
mentoring others to do the same. Looking forward
becoming a better leader. The discussions helped open
to this event every year,” said Selene Benavides, chief
my mind to new ideas and avenues for excellence
financial officer & chief operations officer for the
and solving problems,” said Ben Alvarado, senior vice
National Society of Hispanic MBAs.
president of Wells Fargo’s Orange County Community
Bank. Mr. Alvarado added, “networking with others
HACR’s newest program, CAS, was launched in 2011 at
whose life experiences mirror mine was motivational.
the request of the HACR YHCA finalists and created
The time I spent at the summit will help me as I
to motivate, empower, and reconnect past HACR
advance in my career and as I help others reach their
YHCA participants. The program provides a support
highest potential.”
network among these executives through leadership
development and educational training sessions that
HACR CAS participants also had ample opportunities
use critical thinking, the case study method of learning,
to engage with the attendees of other HACR
and personal accounts from C-Suite executives who
programs for thoughtful conversation regarding
have made it to the top.
Hispanics on corporate boards, moving up the
HACR CAS participants Jorge Balestra and Ben Alvarado.
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Wyndham Worldwide’s Mary Falvey, HACR CAS participant
Carlos Lora, and HACR CDS participant and Wyndham
Worldwide board member George Herrera.
2013 ANNUAL REPORT | HISPANIC ASSOCIATION ON CORPORATE RESPONSIBILITY
2013 HACR
YOUNG HISPANIC
CORPORATE ACHIEVERS ™
The Hispanic Association on Corporate Responsibility (HACR) honored 33 young professionals
at the 2013 HACR Young Hispanic Corporate Achievers™ (YHCA) program in Houston, TX on April
21-23. Now in its seventh 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 event sponsor Altria hosted the program once again.
Top Row: Ramiro Lopez, Frank Lopez, Joe J. Pacheco, Janet Velez, Juan Gonzalez, Marcos Briceño, Alejandro Ríos, and Jomo Castro.
Second Row: Omayra L. Padilla, Maria Jose Gatti, J.D. Laboy, Barbara Quiroga, Mariana Fagnilli, Liza-Marie Merida, Carlos Villasana,
Jesús Cardoso, and Beatriz Arsuaga. Third Row: Cristina A. Gallo-Aquino, Ramon Rodriguez, Amy Mancilla, Dolores Campuzano,
Adriana Coulson, Maria Medrano, Artemio San Martin, and Carrie Ann Quintana. Front Row: Mariely Bandas Franzetti,
Edith J. Rincón, Isabel Villegas, Alvaro Silva Vargas, Claudya Arana Sanchez, Velvet Hernandez-Johnson, Alencia DeAnda-Gregg,
and Diana Rodriguez.
HISPANIC ASSOCIATION ON CORPORATE RESPONSIBILITY | 2013 ANNUAL REPORT
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Participants gathered for an intensive three-day
“Increasingly, Latinos are demonstrating the positive
leadership development and training program
impact that diversity has on business results. The HACR
where they partook in team-building exercises, group
YHCA program equips young Hispanics with leadership
presentations, challenging panel discussions and
skills that incorporate our unique heritage as a valued
sessions which included topics on: corporate diversity,
differentiator for success professionally and in the
personal branding, and organizational services to
communities we serve,” said Joe Pacheco, services
enhance internal and external collaboration, inclusion,
senior consultant at Dell, Inc.
and leadership.
To qualify for the HACR YHCA Program, candidates
“The HACR YHCA has been one of the best leadership
must be between the ages of 25 and 40 at the time
development programs I have attended,” said Maria
the award is received, employed at a Fortune 500 and/
Jose Gatti, director of diversity relations for MGM
or HACR Corporate Member company, of Hispanic
Resorts International. “This program gives participants
heritage, and have a track record of giving back to
an opportunity like no other, from networking to
the communities where they live. Candidates must be
learning and developing new leadership skills. Today, I
nominated by their companies and be able to attend
have become an advocate for the program and I will
the entire program.
ensure that my company is represented every year.”
Launched in 2007, the HACR YHCA Program was
Dr. Juana Bordas, president, Mestiza Leadership
developed as a way to recognize the outstanding
International, facilitated the program for HACR
achievements of young Latino professionals in
and was instrumental in its design. In addition, the
Corporate America and further the organization’s
participants heard from Dr. Barry Posner, co-author
vision to increase the number of Hispanics on
of the award-winning and best-selling leadership book
corporate boards. HACR understands that in the
The Leadership Challenge; Dr. Jorge Cherbosque, an
war for talent, Hispanics will lead the charge and
expert in Emotional Intelligence and Diversity from
the program plays a pivotal role in identifying and
UCLA; William Arruda, founder and president of Reach,
recognizing the best and brightest young executives.
and Chip Carlisle, president of the Texas Region of
To date, more than 500 candidates have been
Wells Fargo.
nominated and more than 200 have been selected as
HACR YHCAers.
Miller Coors HACR YHCA winners Beatriz Arsuaga and
Isabel Villegas with HACR President and CEO Carlos F. Orta.
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HACR YHCA speakers Dr. Juana Bordas and William Arruda.
2013 ANNUAL REPORT | HISPANIC ASSOCIATION ON CORPORATE RESPONSIBILITY
2013 HACR
EVENT GALLERY
Target’s Michael Scrafford, Jodee Kozlak, and Kim Strong.
NALEO Executive Director Arturo Vargas.
Altria’s David Hernandez.
Dr. Jorge Cherbosque.
Ryder System Inc.’s President and CEO Robert E. Sanchez.
HACR YHCA participants Juan Gonzalez and Carlos Villasana.
HISPANIC ASSOCIATION ON CORPORATE RESPONSIBILITY | 2013 ANNUAL REPORT
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2013 HACR
EVENT GALLERY
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HACR program participants.
AT&T Mobility President and CEO Ralph de la Vega.
2013 HACR YHCA participants.
HACR President and CEO Carlos F. Orta, McDonald’s Adam
Salgado, and LULAC President and CEO Margaret Moran.
MGM Resorts International CEO James J. Murren with HACR YHCA
participants Dolores Campuzano and Maria Jose Gatti.
Latina Style’s Robert Bard and Lupita Colmenero and MillerCoors’
Jose Ruano.
2013 ANNUAL REPORT | HISPANIC ASSOCIATION ON CORPORATE RESPONSIBILITY
ABOUT THE HACR
RESEARCH INSTITUTE
The HACR Research Institute (HRI) is the research arm of HACR and is devoted to objective
research, analysis, and publication of Hispanic-related issues in Corporate America. The
goal of the HRI is to assess current trends and stimulate discussion on Hispanic inclusion in
Corporate America.
Through the HRI, HACR publishes annual studies on the state of the Hispanic community and
corporate best practices in employment, procurement, philanthropy, and governance along
with the HACR Corporate Inclusion Index. The research institute also publishes the Corporate
Governance Study, and other independent studies conducted internally and through
partnership with other leading advocacy organizations. By providing information on the
status of Hispanics in Corporate America, HACR can focus on issues relevant to Hispanics and
investigate solutions to the inequity that exists.
2013 HISPANIC EMPLOYEE RESOURCE
2013 HACR CORPORATE INCLUSION INDEX
GROUP STUDY
The HACR Corporate Inclusion Index (CII), a
The HACR Research Institute’s first Hispanic
component of HACR’s Corporate Accountability
Employee Resource Group (ERG) study, funded by
Strategy, takes a comprehensive measurement
AARP and launched in late 2012, was created to
of Hispanic inclusion at Fortune 100 companies
benchmark Hispanic ERGs and ascertain what’s
and HACR Corporate Member companies by
driving their growth, highlight best practices,
focusing on HACR’s four pillars of corporate social
and identify current and future challenges. Two
responsibility and market reciprocity. “On behalf of
dozen Fortune 500 companies participated in the
HACR’s Board of Directors, we congratulate all of
Institute’s groundbreaking study which captures
the participants of this year’s HACR CII. Increased
insights from Human Resources (HR) departments,
participation and greater transparency have
ERG members and leaders, as well as their executive
enabled HACR to better assess how Hispanics are
sponsors and champions. Only HACR Corporate
faring along our four pillars,” said Dr. Lisette M.
Members were eligible to participate.
Garcia, director, HACR Research Institute. “Though
there is still much work to be done, the significance
2013 CORPORATE GOVERNANCE STUDY
of the trends we have seen show us Hispanics have
Since 1993, HACR has produced research on
become an increasingly important consumer
corporate governance and the 2013 HACR
Corporate Governance Study (CGS) marks almost
20 years of little progress for Hispanic inclusion
on corporate boards. The HACR CGS measures
segment and workforce talent pool that Corporate
America must recognize as key to renewing an
aging labor force and essential to preserving
market position.”
Hispanic inclusion in the C-Suite and boardrooms in
Fortune 500 companies.
HISPANIC ASSOCIATION ON CORPORATE RESPONSIBILITY | 2013 ANNUAL REPORT
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2012 HACR
FINANCIALS
For more than 26 years, the Hispanic Association on
The financial statement presentation follows the
Corporate Responsibility has worked to advocate
recommendations of the Financial Accounting
for Hispanic inclusion in Corporate America
Standards Board in its Statement of Financial
at a level commensurate with its economic
Accounting Standards (SFAS) No.117, Financial
contributions. Through established national
Statements for Not-for-Profit Organizations. Under
initiatives, to help us complete our mission, HACR
SFAS No.117, the association is required to report
provides necessary resources for Hispanic leaders,
information regarding its financial position and
corporate directors, and top corporate executives
activities according to three classes of net assets:
to gather informational knowledge and work
unrestricted net assets, temporarily restricted net
toward the advancement of Latinos from the
assets, and permanently restricted net assets.
boardrooms to the C-suites.
Funding that is restricted by the donor is reported
Among the organization’s signature programs are
as an increase in temporarily or permanently
the Annual HACR Symposium: The Power of Hispanic
restricted net assets, depending on the nature of
Inclusion™, the HACR Corporate Directors Summit™,
the restriction. When a time restriction expires or
HACR Corporate Executives Forum™, the HACR
a purpose restriction is met, temporarily restricted
Corporate Achievers Summit, and the HACR Young
net assets are reclassified to unrestricted net assets
Hispanic Corporate Achievers™. Through the HACR
and reported in the statement of activities as net
Research Institute, we work throughout the year
assets released from restrictions.
to conduct and publish objective research findings
related to Hispanic inclusion in Corporate America.
In 2012, HACR’s major source of revenue was
corporate contributions. The association follows the
accrual method of accounting, whereby revenues
are recognized when earned and expenses are
recognized when incurred.
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2013 ANNUAL REPORT | HISPANIC ASSOCIATION ON CORPORATE RESPONSIBILITY
2012 HACR
STATEMENT OF FINANCIAL POSITION*
REVENUES & SUPPORT
Membership$1,066,000
Symposium & Conferences
$322,800
Leadership & Education
$1,071,740
Research & Publications
$20,000
In-Kind Contributions
$20,000
Interest and Other Income
$14,362
TOTAL REVENUE & SUPPORT$2,514,902
5.00%
6.00%
EXPENSES
12.00%
41.00%
7.00%
29.00%
Symposium & Conferences
Leadership & Education
Research & Publications
Membership Services
Board Services
General & Administrative
TOTAL EXPENSES
CHANGE IN NET ASSETS FROM OPERATIONS
$832,419
$590,727
$137,884
$242,456
$96,905
$116,957
$2,017,348
$497,554
*This information was taken from HACR’s 2012 audited financial statements for the year ending December 31, 2012
HISPANIC ASSOCIATION ON CORPORATE RESPONSIBILITY | 2013 ANNUAL REPORT
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