Kinesis Inc is a private foundation focused on Youth Development, based in SAN JUAN, PR. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $18.6M in total assets. In 2024, it awarded 1 grants totaling $685K. Net investment income was $309K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$18.6M
+10.8% YoY
Annual Giving
$685K
-2.3% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$685K
-2.3% YoY
Under IRS private-foundation payout rules, Kinesis Inc reported a distributable amount of $749K for 2024 — the minimum it must pay out in qualifying distributions.
About Kinesis Inc
Based on IRS filings
Kinesis Inc is a private foundation focused on Youth Development, based in SAN JUAN, PR. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $18.6M in total assets. In 2024, it awarded 1 grants totaling $685K. Net investment income was $309K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $18,581,711 | $16,763,150 | $15,917,764 |
| Revenue | $3,997,294 | $2,818,418 | $3,336,397 |
| Expenses | $2,296,465 | $2,418,901 | $3,666,557 |
| Qualifying Distributions | $684,701 | $700,854 | $2,282,957 |
| Net Investment Income | $308,639 | $243,302 | $404,733 |
| Distributable Amount | $749,091 | $675,526 | $676,568 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Scholarships to Students Stm Att ($684,701).
| Recipient | Purpose | Amount |
|---|---|---|
| SCHOLARSHIPS TO STUDENTS STM ATT SAN JUAN, PR | EDUCATION AND SCHOLARSHIPS | $684,701 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MIGUEL FERNANDEZ RICHARDS | CHAIRMAN, PR | — | — |
| ANTONIO LUIS FERRE | VICE-CHAIRMA | — | — |
| ANGEL RIVERA | TREASURER | — | — |
| JACOBO ORTIZ | SECRETARY | — | — |
| RAFAEL ARAGUNDE TORRES | DIRECTOR | — | — |
| ASTRID NAVARRO | DIRECTOR | — | — |
| ARIEL FERDMAN | DIRECTOR | — | — |
| JOSE CRUZ TORRES | EXECUTIVE DI | — | $119,000 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Kinesis Inc?
Kinesis Inc is a private foundation focused on Youth Development, based in SAN JUAN, PR. It holds $18.6M in total assets as of 2024.
How large is Kinesis Inc?
As of 2024, Kinesis Inc holds $18.6M in total assets with $4.0M in annual revenue. It awarded 1 grants totaling $685K in 2024.
Where does Kinesis Inc operate?
Kinesis Inc has awarded grants in Pr.
What size grants does Kinesis Inc award?
In 2024, Kinesis Inc awarded 1 grants totaling $685K — an average of about $685K per grant, based on its IRS Form 990 filings.
How much is Kinesis Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Kinesis Inc reported a distributable amount of $749K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2021–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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