Foundation for Puerto Rico Inc
THE MAIN OBJECTIVE OF THE ORGANIZATION IS TO PROMOTE STRATEGIC PHILANTHROPY AS CATALYST TO ACCELERATE THE ECONOMIC, SOCIAL, AND SUSTAINABLE DEVELOPMENT IN PUERTO RICO BY COMMISSIONING HIGHLY FOCUSED RESEARCH, OFFERING EXPERT COUNSEL AND CONDUCTING EDUCATIONAL ACTIVITIES THAT WILL ADVANCE THE PHILANTHROPIC INITIATIVES AND PROGRAMS TO BE SUPPORTED BY THE ORGANIZATION.
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$6.2M
+11.8% YoY
Annual Giving
$77K
+51.8% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$77K
+51.8% YoY
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $6,179,788 | $5,529,867 | $5,842,849 |
| Revenue | $4,532,198 | $4,333,453 | $6,329,800 |
| Expenses | $4,541,322 | $4,622,360 | $4,635,720 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $81,460 | $85,675 | $26,884 |
| 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 1 recipients in 2024
Grant Size Distribution
6 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Foundation for Puerto Rico Inc fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DAMARIS OCASIO NIEVES | CFO | 40 | $159,990 |
| SOLEDAD GAZTAMBIDE ARANDES | CHIEF OFFICE | 40 | $127,100 |
| CESAR A SANTOS CARDONA | HR DIRECTOR | 40 | $105,100 |
| ALMA M FRONTERA COLON | VP OPERATION | 40 | $104,225 |
| ALEXANDER BORSCHOW | DIRECTOR | — | — |
| JONATHAN BORSCHOW | CHAIRMAN | — | — |
| RONALD CASTRO | DIRECTOR | — | — |
| GRACIELA ELETA | VICE-CHAIRWO | — | — |
| JESUS LOPEZ | DIRECTOR | — | — |
| RAMON MELLADO | CHAIR GOVERN | — | — |
| CARLOS L RODRIGUEZ RAMOS | DIRECTOR | — | — |
| JUAN A RAMOS | DIRECTOR | — | — |
| INGRID RIVERA | SECRETARY | — | — |
| ZULMARIE URRUTIA | TREASURER | — | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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