Foundation for Puerto Rico Inc
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
1
+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
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| 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
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.
Explore Open Grants
Browse active grant opportunities in Foundation for Puerto Rico Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.