Foundation for a Better Puerto Rico Inc
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.
Foundation for a Better Puerto Rico Inc at a glance
In short: Foundation for a Better Puerto Rico Inc reported $108K in grants paid in 2024 (a total; its filing lists no individual grants). Source: 2024 IRS Form 990.
- Grants paid (2024)
- $108,244 — reported as a total on the IRS filing, without an itemized list
- +236.4% vs 2023
- Total assets
- $304,471
- +38.7% vs 2023
- Revenue (2024)
- $280,167
- +7.2% vs 2023
- Net investment income (2024)
- $1,072
- +158.9% vs 2023
- Expenses (2024)
- $195,322
- +31.7% vs 2023
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Foundation for a Better Puerto Rico Inc funds
How this funder distributes its grants
Grant Size Distribution
11 grants across all recorded years
The most common grant size was under $50K: 7 grants of 11 (64%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
How Foundation for a Better Puerto Rico Inc gives
- Giving fell 93% from 2020 to 2023. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $32K (2023) to $1.0M (2021). In 2024 it reported $108K in grants paid, as a total without an itemized list.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Abbie's New School Inc Culebra, PR | Educational Program | $24,275 |
| Mujeres de Isla Inc Culebra, PR | Community Development | $7,900 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $304,471 | $280,167 | $195,322 | $108,244 | Total only | $1,072 |
| 2023 | $219,562 | $261,464 | $148,315 | $32,175 | 2 | $414 |
| 2022 | $108,208 | $358,129 | $772,559 | $517,565 | 3 | $249 |
| 2021 | $522,488 | $1,060,179 | $1,192,391 | $1,028,597 | 3 | $625 |
| 2020 | $652,537 | $211,229 | $542,278 | $494,465 | 3 | $855 |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
About Foundation for a Better Puerto Rico Inc
Based on IRS filings
Foundation for a Better Puerto Rico Inc is a public charity, based in Culebra, PR. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $304K in total assets. In 2024, it reported $108K in grants paid as a total on its IRS filing, without an itemized list. Net investment income was $1K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Foundation for a Better Puerto Rico Inc is led by Dennis R. Hickey-Rivera, President on every filing since 2020; none of the 5 officers listed in 2024 report compensation.
Officers on the 2024 filing
Dennis R. Hickey-Rivera
President
On filings since 2020
10 hrs/week
No compensation reported
Betsy Gotbaum
Board Director
On filings since 2020
1 hr/week
No compensation reported
Corrie Lefebvre
Board Director
On filings since 2020
1 hr/week
No compensation reported
Keyla Torres
Board Director
On filings since 2020
1 hr/week
No compensation reported
Theresa Bischoff
Secretary Treasurer
On filings since 2020
20 hrs/week
No compensation reported
Former officers (1)
- Former: Tonio Burgos (2020–2023) — Vicepresident
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Foundation for a Better Puerto Rico Inc
How much does Foundation for a Better Puerto Rico Inc give each year?
Foundation for a Better Puerto Rico Inc reported $108K in grants paid in 2024 on its 2024 IRS Form 990, as a total without an itemized list of grants. In 2023 it gave $32K across 2 grants.
How large is Foundation for a Better Puerto Rico Inc?
Foundation for a Better Puerto Rico Inc reported $304K in total assets on its 2024 IRS Form 990. Its revenue that year was $280K.
Where does Foundation for a Better Puerto Rico Inc operate?
Foundation for a Better Puerto Rico Inc has awarded grants in Puerto Rico.
What is Foundation for a Better Puerto Rico Inc's EIN?
Foundation for a Better Puerto Rico Inc's EIN (Employer Identification Number) is 66-0817772. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS June 29, 2022)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 16, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS October 10, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS August 26, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 15, 2025)
- IRS filings on file for fiscal years 2020–2024
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Figures come from Foundation for a Better Puerto Rico Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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