PROMESA FOUNDATION, INC. WAS CREATED AS A DEVELOPMENT ARM FOR THE ENTIRE ACACIA NETWORK ORGANIZATION. THE FOUNDATION WORKS TO RAISE FUNDS FOR ACACIA NETWORK'S MANY OPERATING PROGRAMS. THE GOAL OF THE FOUNDATION IS TO DEVELOP STREAMS OF FUNDING AND PARTNERSHIPS WITH THE CORPORATE SECTOR TO SUPPORT AND EXPAND ITS OPERATIONS. THE MUTUAL PURPOSE OF ACACIA NETWORK IS TO BE A LEADER IN THE HEALTH AND HUMAN SERVICES ARENA BY PROVIDING AN ARRAY OF SERVICES IN HEALTH, EDUCATION, EMPLOYMENT, ECONOMIC AND COMMUNITY DEVELOPMENT, AND HOUSING ACTIVITIES.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$28.9M
+2.7% YoY
Annual Giving
$32K
-48.4% YoY
Grant Count
2
-60.0% YoY
Avg Grant Size
$16K
+29.0% YoY
About Promesa Foundation Inc
Based on IRS filings
Promesa Foundation Inc is a nonprofit organization focused on Mental Health & Crisis Intervention, based in BRONX, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $28.9M in total assets. In 2024, it awarded 2 grants totaling $32K. Net investment income was $90K.
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 | $28,897,630 | $28,143,138 | $28,348,325 |
| Revenue | $2,929,456 | $3,174,360 | $3,501,347 |
| Expenses | $2,401,050 | $3,214,180 | $2,745,519 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $90,153 | $94,254 | $143,139 |
| 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 2 recipients in 2024
Grant Size Distribution
12 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RAUL RUSSI | PRESIDENT | — | — |
| Lymaris Albors | Chief Executive Officer | — | — |
| JOSE A RODRIGUEZ | Chief legal officer/Exec. VP | — | — |
| Vicky Gatell | chief financial officer | — | — |
| Gilbert Hernandez | CHAIR | 1 | — |
| FEDERICO PEREZ | SECRETARY | 1 | — |
| Aileen Perez | Treasurer | 1 | — |
| ARNIE SEGARRA | BOARD MEMBER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Ramsleg Foundation
BRIGHTWATERS, NY
Assets
$543
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Total Given
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Druckenmiller Foundation
NEW YORK, NY
Assets
$1.8B
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Total Given
$135.7M
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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