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.

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

ABBVIE PR ENERGY PROJECTS
$2,999,438 3 grants
Help farmers
$529,650 1 grant
HURRICANE MARIA PUERTO RICO
$455,000 1 grant
HURRICANE MARIA RELIEF AND RECOVERY SUPPORT
$270,000 1 grant
PROGRAM SUPPORT
$264,690 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.

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