Fundacion Dr Carlos Lopez Somolinos Inc
The organization mission is grant student scholarship to children with socioeconomic needs. Actually the organization gives the benefit to 22 students during the academic year of 2025. The primary revenue sources come from private donations in Puerto Rico.
Fundacion Dr Carlos Lopez Somolinos Inc at a glance
In short: Fundacion Dr Carlos Lopez Somolinos Inc gave $51K across 9 grants in 2025 (avg $6K), mostly in Puerto Rico. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $51,144
- -7.3% vs 2024
- Grants made (2025)
- 9
- +28.6% vs 2024
- Average grant
- $5,683
- -27.9% vs 2024
- Median grant
- $2,905
- Total assets
- $847,315
- +27.0% vs 2024
- Primary geography
- Puerto Rico (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Fundacion Dr Carlos Lopez Somolinos Inc funds
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2025
The largest 2025 recipient was Colegio San Vicente De Paul ($16K). Together the top 5 received $39K.
Organizations only. It also paid 4 individual scholarships ($12,429), which are not listed by name.
Grant Size Distribution
23 grants across all recorded years
The most common grant size was under $50K: 23 grants of 23 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 9 itemized grants.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2023 to 2025, annual grant giving ranged from $43K (2023) to $55K (2024). In 2025 it made 9 grants totaling $51K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Colegio San Vicente De Paul San Juan, PR | To Pay Tuition | $16,045 |
| Colegio Nuestra Senora De La Providencia San Juan, PR | To Pay Tuition | $9,195 |
| Kingdom Academy Carolina, PR | To Pay Tuition | $9,060 |
| 4 individual scholarships Recipients not named | — | $12,429 |
| Rajohnyari Academy Carolina, PR | To Pay Tuition | $2,670 |
| New Generation School Trujillo Alto, PR | To Pay Tuition | $1,745 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $847,315 | $252,316 | $135,090 | $51,144 | 9 | $39,230 |
| 2024 | $667,260 | $228,714 | $138,015 | $55,200 | 7 | $18,453 |
| 2023 | $560,745 | $192,918 | $112,515 | $43,477 | 7 | $16,375 |
| 2022 | $449,149 | $137,030 | $85,421 | — | — | — |
| 2021 | $450,783 | $72,570 | $36,906 | — | — | — |
About Fundacion Dr Carlos Lopez Somolinos Inc
Based on IRS filings
Fundacion Dr Carlos Lopez Somolinos Inc is a public charity focused on Education, based in Dorado, PR. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $847K in total assets. In 2025, it awarded 9 grants totaling $51K. Net investment income was $39K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Fundacion Dr Carlos Lopez Somolinos Inc is led by Luis A. Ocasio, President on every filing since 2021; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Luis A. Ocasio
President
On filings since 2021
4 hrs/week
No compensation reported
Hector Nater
Vice President
On filings since 2021
4 hrs/week
No compensation reported
Karen Scalley
Secretary
On filings since 2021
6 hrs/week
No compensation reported
Sylvette Nater
Treasurer
On filings since 2021
4 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2021–2025. "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 Fundacion Dr Carlos Lopez Somolinos Inc
How much does Fundacion Dr Carlos Lopez Somolinos Inc give each year?
Fundacion Dr Carlos Lopez Somolinos Inc gave $51K across 9 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $55K across 7 grants.
What is Fundacion Dr Carlos Lopez Somolinos Inc's typical grant size?
Fundacion Dr Carlos Lopez Somolinos Inc's median grant in 2025 was $2,905, and its average grant was $5,683, across 9 grants on its 2025 IRS Form 990.
Where does Fundacion Dr Carlos Lopez Somolinos Inc give grants?
Fundacion Dr Carlos Lopez Somolinos Inc gives mostly in Puerto Rico: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were San Juan, PR (2 grants) and Carolina, PR (2 grants).
Does Fundacion Dr Carlos Lopez Somolinos Inc give general operating support?
Not in 2025: none of the 9 grants with a stated purpose on Fundacion Dr Carlos Lopez Somolinos Inc's 2025 IRS Form 990 were described as general or operating support. Recurring purposes include "To Pay Tuition" (9 grants).
Who are Fundacion Dr Carlos Lopez Somolinos Inc's largest grantees?
Fundacion Dr Carlos Lopez Somolinos Inc's largest 2025 grantees include Colegio San Vicente De Paul ($16,045), Colegio Nuestra Senora De La Providencia ($9,195) and Kingdom Academy ($9,060), according to its 2025 IRS Form 990. It also paid 4 individual scholarships ($12,429), which are not listed by name. Together they received 67% of its itemized 2025 grant dollars.
How large is Fundacion Dr Carlos Lopez Somolinos Inc?
Fundacion Dr Carlos Lopez Somolinos Inc reported $847K in total assets on its 2025 IRS Form 990. Its revenue that year was $252K.
What is Fundacion Dr Carlos Lopez Somolinos Inc?
Fundacion Dr Carlos Lopez Somolinos Inc is a public charity focused on Education, based in Dorado, PR. It holds $847K in total assets as of 2025.
What is Fundacion Dr Carlos Lopez Somolinos Inc's EIN?
Fundacion Dr Carlos Lopez Somolinos Inc's EIN (Employer Identification Number) is 66-0727301. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2025 (received by the IRS May 30, 2026)
- IRS filings on file for fiscal years 2021–2024
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