Public Charity

Foundation for a Better Puerto Rico Inc

Foundation for a Better Puerto Rico Inc, of Culebra, PR, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $280K in revenue, $195K in expenses, $304K in total assets. IRS filings disclose 8 grants awarded by this foundation, totaling roughly $1.0M.

EIN: 660817772 Culebra, PR Public Foundations NTEE: T30 Latest filing: 2024
Total Revenue$280K
Total Expenses$195K
Total Assets$304K
Grants Given8
Grant Total$1.0M
Filing Years2020–2024

Mission

It is to support people and programs that build a stronger PR. The range of areas to be supported would include education, health, environment, economic development, disaster preparedness and response.

Where $100 goes at Foundation for a Better Puerto Rico Inc

How Foundation for a Better Puerto Rico Inc divides every $100 it spends, from its own Form 990 filings, averaged across 4 years.

$97 Programs the work itself
$3 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $97 for programs

$97
The Foundation supported and collaborated with existing organizations that are doing philanthropic or community programs to a stronger Puerto Rico in the areas of education, health, the environment…
All program spending
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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 Given

Abbie's New School Inc
Culebra, PR · 2023
Educational Program
$24,275
Culebra, PR · 2023
Community Development
$7,900
Municipio de Culebra
Culebra, PR · 2022
Disaster Assistance
$496,630
Abbie's New School Inc
Culebra, PR · 2022
Educational Program
$14,500
Culebra, PR · 2022
Community Development
$6,435

Showing up to 5 of 8 total records — full history available with membership.

Officers & Directors

Board Director Betsy Gotbaum
Board Director Corrie Lefebvre
President Dennis R Hickey-Rivera
Board Director Keyla Torres
Secretary Treasurer Theresa Bischoff

Officer compensation and complete director data available with membership.

Top Grant Purposes

Public Safety & Disaster Relief
$951,195 2 grants
Education
$48,675 3 grants
Health & Medicine
$30,000 1 grant
Economic Development
$14,335 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $280K $195K $304K
2023 $261K $148K $220K
2022 $358K $773K $108K
2020 $211K $542K $653K

Between 2020 and 2024, reported annual revenue grew from $211K to $280K (+33%), with total assets most recently reported at $304K.

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

Grant Geography

Grants from this foundation were reported to recipients in PR.

PR

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for Foundation for a Better Puerto Rico Inc

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