Public Charity

FOUNDATION FOR PUERTO RICO INC

FOUNDATION FOR PUERTO RICO INC is a nonprofit organization categorized as Public Charity based in SAN JUAN, PR. Its most recent IRS filing (2024) reports revenue of $4.5M, expenses of $4.5M, total assets of $6.2M. Imperigo tracks 66 reported grant relationships connected to this organization totaling approximately $6.4M.

EIN: 660776227 SAN JUAN, PR Community & Neighborhood Development NTEE: S20 Latest filing: 2024
Total Revenue$4.5M
Total Expenses$4.5M
Total Assets$6.2M
Grant Records66
Funding Total$6.4M
Filing Years2020–2024

Mission

THE MAIN OBJECTIVE OF THE ORGANIZATION IS TO PROMOTE STRATEGIC PHILANTHROPY AS CATALYST TO ACCELERATE THE ECONOMIC, SOCIAL, AND SUSTAINABLE DEVELOPMENT IN PUERTO RICO BY COMMISSIONING HIGHLY FOCUSED RESEARCH, OFFERING EXPERT COUNSEL AND CONDUCTING EDUCATIONAL ACTIVITIES THAT WILL ADVANCE THE PHILANTHROPIC INITIATIVES AND PROGRAMS TO BE SUPPORTED BY THE ORGANIZATION.

Where $100 goes at Foundation for Puerto Rico Inc

How Foundation for Puerto Rico Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$69 Programs the work itself
$23 Management running the organization
$8 Fundraising raising the next dollar

Inside the $69 for programs

$46
Resiliency initiatives
66% of program spending
$20
Economic development initiatives
29% of program spending
$2
Policy, research, and innovation initiatives
3% of program spending

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2022
EQUITABLE NEIGHBORHOOD DEVELOPMENT
$40,000
2022
HELPING FARMERS THRIVE
$23,500
2022
For grant recipient's exempt purposes
$12,250
2022
PUBLIC, SOCIETAL BENEFIT
$6,600

Showing up to 5 of 66 total records — full history available with membership.

Officers & Directors

DIRECTOR Alexander Borschow
VP OPERATION Alma M Frontera Colon
DIRECTOR Carlos L Rodriguez Ramos
HR DIRECTOR Cesar A Santos Cardona
CFO Damaris Ocasio Nieves
VICE-CHAIRWO Graciela Eleta

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$3,891,831 28 grants
Public Safety & Disaster Relief
$1,421,330 19 grants
Human & Social Services
$130,200 2 grants
Economic Development
$100,019 3 grants
Training & Professional Development
$54,035 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $4.5M $4.5M $6.2M
2023 $4.3M $4.6M $5.5M
2022 $6.3M $4.6M $5.8M
2021 $7.5M $7.3M $4.5M
2020 $5.2M $6.0M $3.6M

Between 2020 and 2024, reported annual revenue declined from $5.2M to $4.5M (-13%), with total assets most recently reported at $6.2M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for FOUNDATION FOR PUERTO RICO INC

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