Nina G. Vaca will serve as the chair of a new philanthropic arm for the United States Hispanic Chamber of Commerce, the organization announced.
The USHCC Foundation will further the charitable activities and educational programs of the organization for initiatives such as Green Builds Business, the Bizfest and the Chamber Training Institute (CTI). The foundation will have its own board of directors, which will be led by Ms. Vaca, CEO and founder of Pinnacle Technical Resources.
"Being asked to chair the USHCC Foundation is deeply humbling. I've spent my entire life around chambers of commerce. My late father was always involved in his local chapters so this assignment is very special to me," Ms. Vaca said.
Javier Palomarez will continue to serve as president and CEO of both the USHCC and the USHCC Foundation. The Foundation will be a tax-exempt 501(c)(3) nonprofit and will have its own board of directors.
"The USHCC is evolving with the changing face of America. Our responsibility toward America's small business community and Hispanic enterprises requires a more expansive and inclusive approach. As a result, we've become the advocate for every Hispanic, every immigrant and every citizen – young and old – whose goal is to earn their share of the American dream," Mr. Palomarez said in a press release.
Ms. Vaca said the USHCC Foundation will focus on providing future entrepreneurs with the skills and resources they need to help grow their businesses and create jobs.
The USHCC Foundation is partnered with a variety of companies, universities and foundations including Bank of America, BNSF Railway, Comcast, Doral Bank, Facebook, Ford, the Kaufmann Foundation and Wells Fargo.
Ms. Vaca was appointed in April by President Obama as an inaugural member of the Presidential Ambassadors for Global Entrepreneurship (PAGE), which focuses on promoting entrepreneurship both domestically and internationally.
"I've valued Nina's wise counsel and devotion to our mission for many years," said Marc Rodriguez, USHCC chairman. "She's served with honor throughout her time on our board, and in her new roles as chairman of the USHCC Foundation, Nina is yet again proving that women deserve a prominent seat at the table."
The USHCC was founded in 1979 and says it advocates on behalf of 3.2 million Hispanic-owned businesses in the U.S.
Most Popular Stories
- Cape Cod Building Mussel Industry
- Hollywood Eager to Grasp Hispanic Market
- Frightfully Fun Films Return for Halloween
- Would Soccer Be Richer Without Small Clubs?
- Cloud Lifts Microsoft's Quarterly Results
- Sears Denies Store Closings, Layoffs Report
- Weekly Jobless Claims Rise but Remain Low
- IS Funded by Black Market Oil Sales, Racketeering
- Pfizer Approves $11 Billion Buyback Plan
- Teresa Giudice Must Serve Time in Prison