Fundacion Luis G Fortuno Inc
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.
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 | $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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
2 grants across all recorded years
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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Luis G Fortuno | Chairman | 1 | — |
| Maria Victoria Leon | Treasurer | 1 | — |
| Jorge San Miguel | Director | 1 | — |
| Federico Stubbe Jr | Director | 1 | — |
| Gustavo Velez | Director | 1 | — |
| Jose Vazquez | Director | 1 | — |
| Kenneth W McGrath | Director | 1 | — |
| Magda M Boyles | Secretary | 1 | — |
| Orlin Goble | Director | 1 | — |
| Limarie Ferrer | Director | 1 | — |
| Javier Vazquez | Director | 1 | — |
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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