Fundacion Colibri
Fundación Colibrí is a 501(c)(3) private family foundation established in November 2017 by Monica de la Torre and Herb Allen III. The foundation is based in New York with a strong focus on Puerto Rico. It was created in response to the long-term recovery and transformation needs of Puerto Rico following Hurricane Maria, and continues to support nonprofit organizations addressing community needs that emerged after the 2019-20 earthquakes and the 2020-21 global pandemic.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$16.6M
-23.0% YoY
Annual Giving
$1.2M
+14.6% YoY
Grant Count
14
+16.7% YoY
Avg Grant Size
$87K
-1.8% YoY
Mission & Focus Areas
Mission: Fundación Colibrí invests in the people of Puerto Rico to spark systemic change through informed engagement and local action.
The foundation has sharpened its focus to concentrate on education. It invests in people and organizations in Puerto Rico committed to building a relevant, innovative, connected, and pluralistic education system that responds to the diverse conditions, interests, talents, and aspirations of children, families, and communities.
Grantmaking
The foundation made grants in 2024 including:
Ready to take the next step with Fundacion Colibri?
Geographic Focus
Where this funder awards grants
Puerto Rico
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $16,647,957
- Total Revenues: $1,375,307
- Total Expenses: $1,576,435
- Number of Employees: 1
As of 2023:
- Total Assets: $21.6M
- Total Revenue: $3.14M
- Total Expenses: $1.43M
- Total Liabilities: $106k
Personnel:
- Maria M Jaunarena – Executive Director ($165,000 compensation as of 2023)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $16,647,957 | $21,615,100 | $18,856,502 |
| Revenue | $1,375,307 | $3,135,459 | $1,096,734 |
| Expenses | $1,576,435 | $1,426,349 | $1,757,618 |
| Qualifying Distributions | $1,460,634 | $1,310,185 | $1,634,291 |
| Net Investment Income | $1,238,816 | $387,387 | $35,771 |
| Distributable Amount | $1,107,207 | $1,036,250 | $983,126 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
60 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Mónica de la Torre – President and Co-founder
- Grew up in Puerto Rico and has resided in New York City for nearly 30 years
- Previously practiced as a public interest attorney in family, immigration, and public benefits law
- Former Director of Legal Services Center at The Door, a New York City organization serving at-risk adolescents
- Former Director of the Public Interest Law Center at New York University School of Law
- Former Staff Attorney at Queens Legal Services
- Serves on the board of The Door and Board of Trustees of Broome Street Academy
- Member of the governing board of Espacios Abiertos, an organization promoting open and transparent democratic society in Puerto Rico
Herb Allen III – Co-founder
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MONICA DE LA TORRE | PRESIDENT | 10 | — |
| HERBERT A ALLEN | VICE PRESIDENT | 5 | — |
| BEATRIZ DE LA TORRE | SECRETARY | 1 | — |
| KIM WIELAND | TREASURER | 1 | — |
| PETER DILORIO | ASSISTANT SECRETARY | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
Launa Beuhler Foundation for
BROOKLYN, NY
Assets
$2K
Grants
4
Total Given
$20K
Uw E J Madden Mem Open Hearts Club 10-214880
NEW YORK, NY
Assets
$1.3M
Grants
1
Total Given
$307K
Hindy's Foundation
BROOKLYN, NY
Assets
$142K
Grants
8
Total Given
$225K
Jeanne & Thomas Hardy Family Foundation
NEW YORK, NY
Assets
$3K
Grants
3
Total Given
$3K
Ramsleg Foundation
BRIGHTWATERS, NY
Assets
$543
Grants
1
Total Given
$500
Druckenmiller Foundation
NEW YORK, NY
Assets
$1.8B
Grants
58
Total Given
$135.7M
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Fundacion Colibri on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities