Fundacion Luis G Fortuno Inc logo

Fundacion Luis G Fortuno Inc

Foundation · Grantmaker SAN JUAN, PR EIN: 66-0831873 Website

The organizations mission is to cultivate free market solutions that foster self-reliance, economic growth and social well-being in Puerto Rico.Foundations programs are focused on three key areas:1)improving the ease of doing business; 2)reducing generationalpoverty;and 3)increasing entrepreneurship.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$486K

+13.4% YoY

Revenue

$1.4M

+51.4% YoY

Net Investment Income

Expenses

$1.3M

+66.4% YoY

About Fundacion Luis G Fortuno Inc

Based on IRS filings

Fundacion Luis G Fortuno Inc is a nonprofit organization focused on Community Improvement & Capacity Building, based in SAN JUAN, PR. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $486K in total assets.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

ArlingtonNew York

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$375K$749K$1M$1M2021202220232024
Metric202420232022
Total Assets$486,143$428,815$319,337
Revenue$1,361,922$899,454$569,457
Expenses$1,311,395$788,214$608,074
Qualifying Distributions
Net Investment Income$282
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$44K$87K$131K$174K0 grants20210 grants20222 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

2 grants across all recorded years

1<$50K$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Luis G FortunoChairman1
Maria Victoria LeonTreasurer1
Jorge San MiguelDirector1
Federico Stubbe JrDirector1
Gustavo VelezDirector1
Jose VazquezDirector1
Kenneth W McGrathDirector1
Magda M BoylesSecretary1
Orlin GobleDirector1
Limarie FerrerDirector1
Javier VazquezDirector1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Fundacion Luis G Fortuno Inc?

Fundacion Luis G Fortuno Inc is a nonprofit organization focused on Community Improvement & Capacity Building, based in SAN JUAN, PR. It holds $486K in total assets as of 2024.

How large is Fundacion Luis G Fortuno Inc?

As of 2024, Fundacion Luis G Fortuno Inc holds $486K in total assets with $1.4M in annual revenue.

Where does Fundacion Luis G Fortuno Inc operate?

Fundacion Luis G Fortuno Inc has awarded grants in New York, Virginia.

What is Fundacion Luis G Fortuno Inc's EIN?

Fundacion Luis G Fortuno Inc's EIN (Employer Identification Number) is 66-0831873. IRS Form 990 filing data is available on this page for 2021–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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