Kinesis Inc
Kinesis Inc is a private foundation focused on Youth Development, based in San Juan, PR. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $19.3M in total assets. In 2025, it awarded 1 grant totaling $799K. Net investment income was $344K.
Kinesis Inc at a glance
In short: Kinesis Inc gave $799K across 1 grant in 2025 (avg $799K), mostly in Puerto Rico. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $798,500
- +16.6% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $798,500
- +16.6% vs 2024
- Median grant
- $798,500
- Total assets
- $19,321,854
- +4.0% vs 2024
- Primary geography
- Puerto Rico (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Kinesis Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Scholarships to Students STM ATT ($799K).
Grant Size Distribution
6 grants across all recorded years
The most common grant size was in the $500K–1M range: 3 grants of 6 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How Kinesis Inc gives
- Giving fell 50% from 2022 to 2025. Method
- In 2024 it paid out 91% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $685K (2024) to $1.6M (2022). In 2025 it made 1 grant totaling $799K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Scholarships to Students STM ATT San Juan, PR | Education and Scholarships | $798,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $19,321,854 | $3,556,923 | $2,485,237 | $798,500 | 1 | $798,500 | $344,343 | — |
| 2024 | $18,581,711 | $3,997,294 | $2,296,465 | $684,701 | 1 | $684,701 | $308,639 | $749,091 |
| 2023 | $16,763,150 | $2,818,418 | $2,418,901 | $700,854 | 1 | $700,854 | $243,302 | $675,526 |
| 2022 | $15,917,764 | $3,336,397 | $3,666,557 | $1,604,195 | 2 | $2,282,957 | $404,733 | $676,568 |
| 2021 | $16,683,170 | $7,685,850 | $3,276,429 | $1,423,750 | 1 | — | $696,035 | $669,031 |
Leadership & Key People
Officers and directors from IRS filings
Kinesis Inc is led by Miguel Fernandez Richards, Chairman & President since 2022 (on filings since 2021); 1 of 8 officers listed in 2025 is compensated.
Officers on the 2025 filing
Miguel Fernandez Richards
Chairman & President
Director → Chairman & President, 2022
On filings since 2021
20 hrs/week
No compensation reported
Rafael Aragunde Torres
Director
On filings since 2021
5 hrs/week
No compensation reported
Ariel Ferdman
Director
On filings since 2024
5 hrs/week
No compensation reported
Astrid Navarro
Director
On filings since 2024
5 hrs/week
No compensation reported
Jose Cruz Torres
Executive Di
On filings since 2022
40 hrs/week
$2K (2022) → $124K (2025)
Angel Rivera
Treasurer
Director → Treasurer, 2023
On filings since 2022
5 hrs/week
No compensation reported
Antonio Luis Ferre
Vice Chairman
On filings since 2023
5 hrs/week
No compensation reported
Jacobo Ortiz
Secretary
On filings since 2023
5 hrs/week
No compensation reported
Former officers (4)
- Former: Jorge L. Fernandez Bjerg (2021–2022) — Treasurer
- Former: Socorro Julia Fernandez (2021–2022) — Director
- Former: Enrique Vila De Corral (2021) — Director
- Former: Jose E. Fernandez Bjerg (2021) — President
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.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $124K, to Jose Cruz Torres (Executive Di).
Frequently asked questions about Kinesis Inc
How much does Kinesis Inc give each year?
Kinesis Inc gave $799K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $685K across 1 grant.
How large is Kinesis Inc?
Kinesis Inc reported $19.3M in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $3.6M.
What is Kinesis Inc?
Kinesis Inc is a private foundation focused on Youth Development, based in San Juan, PR. It holds $19.3M in total assets as of 2025.
Where does Kinesis Inc operate?
Kinesis Inc has awarded grants in Puerto Rico.
What is Kinesis Inc's EIN?
Kinesis Inc's EIN (Employer Identification Number) is 66-0727042. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 23, 2023)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS December 21, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 15, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 15, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 15, 2026)
- IRS filings on file for fiscal years 2021–2024
Live grants for the work Kinesis Inc funds
Youth Development Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Kinesis Inc's focus areas in our free grants database
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