Foundation for Puerto Rico Inc

SAN JUAN, PR EIN: 66-0776227 Website

Community Improvement & Capacity Building

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.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$6.2M

+11.8% YoY

Annual Giving

$77K

+51.8% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$77K

+51.8% YoY

About Foundation for Puerto Rico Inc

Based on IRS filings

Foundation for Puerto Rico Inc is a nonprofit organization focused on Community Improvement & Capacity Building, based in SAN JUAN, PR. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.2M in total assets. In 2024, it awarded 1 grants totaling $77K. Net investment income was $81K.

Focus Areas

Community Improvement & Capacity Building

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

PR $187K (79%)

Maryland $51K (21%)

States

Maryland Pr

Cities

BethesdaGuanicaNaguaboSan JuanSanturce

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$6,179,788	$5,529,867	$5,842,849
Revenue	$4,532,198	$4,333,453	$6,329,800
Expenses	$4,541,322	$4,622,360	$4,635,720
Qualifying Distributions	—	—	—
Net Investment Income	$81,460	$85,675	$26,884
Distributable Amount	—	—	—

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

6 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Mariny Del R Vazquez Maldonado ($77,378).

Recipient	Purpose	Amount
MARINY DEL R VAZQUEZ MALDONADO NAGUABO, PR	REIMBURSEMENT	$77,378

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
DAMARIS OCASIO NIEVES	CFO	40	$159,990
SOLEDAD GAZTAMBIDE ARANDES	CHIEF OFFICE	40	$127,100
CESAR A SANTOS CARDONA	HR DIRECTOR	40	$105,100
ALMA M FRONTERA COLON	VP OPERATION	40	$104,225
ALEXANDER BORSCHOW	DIRECTOR	—	—
JONATHAN BORSCHOW	CHAIRMAN	—	—
RONALD CASTRO	DIRECTOR	—	—
GRACIELA ELETA	VICE-CHAIRWO	—	—
JESUS LOPEZ	DIRECTOR	—	—
RAMON MELLADO	CHAIR GOVERN	—	—
CARLOS L RODRIGUEZ RAMOS	DIRECTOR	—	—
JUAN A RAMOS	DIRECTOR	—	—
INGRID RIVERA	SECRETARY	—	—
ZULMARIE URRUTIA	TREASURER	—	—

Subject Areas

Focus areas based on grantmaking activity

Community Improvement & Capacity Building

Frequently Asked Questions

What is Foundation for Puerto Rico Inc?

Foundation for Puerto Rico Inc is a nonprofit organization focused on Community Improvement & Capacity Building, based in SAN JUAN, PR. It holds $6.2M in total assets as of 2024.

How large is Foundation for Puerto Rico Inc?

As of 2024, Foundation for Puerto Rico Inc holds $6.2M in total assets with $4.5M in annual revenue. It awarded 1 grants totaling $77K in 2024.

Where does Foundation for Puerto Rico Inc operate?

Foundation for Puerto Rico Inc has awarded grants in Maryland, Pr.

What size grants does Foundation for Puerto Rico Inc award?

In 2024, Foundation for Puerto Rico Inc awarded 1 grants totaling $77K — an average of about $77K per grant, based on its IRS Form 990 filings.

What is Foundation for Puerto Rico Inc's EIN?

Foundation for Puerto Rico Inc's EIN (Employer Identification Number) is 66-0776227. IRS Form 990 filing data is available on this page for 2020–2024.