Kinesis Inc

Private foundation · Grantmaker San Juan, PR EIN: 66-0727042

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.

Key facts about Kinesis Inc

In short: Kinesis Inc gave $799K across 1 grant in 2025 (avg $799K), mostly in Puerto Rico. Source: 2025 IRS Form 990-PF.

EIN
66-0727042
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$798,500
Grants made (2025)
1
Average grant
$798,500
Median grant
$798,500
Total assets
$19,321,854
Primary geography
Puerto Rico (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$19.3M

+4.0% YoY

Annual Giving

$799K

+16.6% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$799K

+16.6% YoY

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 1 itemized 2025 grant dollars.

States

Puerto Rico

Cities

San Juan

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M$2M1 grants20212 grants20221 grants20231 grants20241 grants2025

From 2021 to 2025, annual grant giving ranged from $685K (2024) to $1.6M (2022). In 2025 it made 1 grant totaling $799K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2025

Scholarships to Students STM Att: $799KScholarships to Students STMAtt$799K

The largest 2025 recipient was Scholarships to Students STM Att ($799K).

Grant Size Distribution

6 grants across all recorded years

<$50K$50–100K$100–250K1$250–500K3$500K–1M2$1–5M$5M+

The most common grant size was in the $500K–1M range: 3 grants of 6 (50%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Scholarships to Students STM Att San Juan, PREducation and Scholarships$798,500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2.5M$5M$7.5M$10M20212022202320242025
Metric202520242023
Total Assets$19,321,854$18,581,711$16,763,150
Revenue$3,556,923$3,997,294$2,818,418
Expenses$2,485,237$2,296,465$2,418,901
Qualifying Distributions$798,500$684,701$700,854
Net Investment Income$344,343$308,639$243,302
Distributable Amount—$749,091$675,526

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 23, 2023)
  2. Updated Form 990-PF for fiscal year 2022 (received by the IRS December 21, 2023)
  3. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 15, 2024)
  4. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 15, 2025)
  5. Added Form 990-PF for fiscal year 2025 (received by the IRS May 15, 2026)
  6. IRS filings on file for fiscal years 2021–2024

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

Jose Cruz Torres — Executive Di: $124KJose Cruz TorresExecutive Di$124K

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.

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