EIN 66-0413230

Puerto Rico Community Foundation

IRS 501(c) type
501(c)(3)
Num. employees
41
Year formed
1984
Most recent tax filings
2022-12-01
NTEE code, primary
Description
The Puerto Rico Community Foundation is organization with a 30-year trajectory that functions as a philanthropic advisor to individuals, families, and nonprofit organizations and corporations in Puerto Rico and at the international level.
Total revenues
$6,227,953
2022
Total expenses
$5,751,155
2022
Total assets
$41,048,922
2022
Num. employees
41
2022

Program areas at Puerto Rico Community Foundation

Educational Programs The development of school communities is an essential part of the Foundation's mission. The Foundation believes that education is the cornerstone for personal and social development. The Foundation perceives education as a social action of interdependence and collective responsibility. The accomplishment of significant achievements and the increase of student academic performance will be the result of the continuous collaboration between the public, private and non profit sectors. This is the climate of collaboration among different sectors promoted by the Foundation to facilitate long term and ongoing support of school improvement at the elementary, middle and high school level
Economic Development Fund Empower economic activity stemming from the community base through the support of community based organizations that stimulate incubation and acceleration of micro-enterprises through grants, capacity building, and technical assistance. Provide access to financial capital in the form of loans, through the Community Investment Fund Fondo de Inversión Comunitaria FIC, to non profit organizations for the purposes of community loan programs for microenterprises or small businesses, ii affordable housing rehabilitation, pre-development, and development costs, iii projects with an identified repayment source contracts, grants, etc., known as bridge loans, and iv feasible activities with a projected financial and social return.
Puerto Rico Recovery Fund in the aftermath of hurricanes Irma and María the Foundation reactivated its Puerto Rico Community Recovery Fund, once used to address Hurricane Hugo and the emergency of 911 in New York. The Fund became a reliable source for donors to facilitate there giving to Puerto Rico and to provide immediate relief and recovery grants to non-profit organizations. After the immediate relief the Fund continue the economic support grants and technical assistance to promote resilient, equitable and sustainable access and development in four strategic milestones renewable energy, drinking water by community aqueducts, affordable housing, education, economic activity at a community based level.
Housing Development Support the development of moderate and low income housing through the enhancement of the leadership and administrative capabilities of not for profit community based organizations by providing grants, capacity building and technical assistance
Philanthropy Scholarship and Grants Program Stimulate philanthropic giving from individuals, families, corporations, foundations and other non-profits to provide facilitate grants and scholarship funds to the community
Community Investment Fund Social impact investment fund that provides social and economic returns to investors. The fund provides financing support to not for profit organizations. The eligible users are community financing programs, acquisition and housing rehabilitation, operational capital and social entrepreneurship initiatives.

Grants made by Puerto Rico Community Foundation

GranteeGrant descriptionAmount
Centro de Ayuda Y Terapia Al Nino Con ImpedimentoMejoras Al Centro Ayani$60,000
Fundacion de Mujeres En Puerto RicoApoyar Economicamente Las Iniciativas De Alivio Inmediato A Traves De Organizaciones Sin Fines De Lucro De Base -fiona 2022$50,000
Red Por Los Derechos de La Niez Y La Juventud de Puerto RicoIniciativa: Resiliencia Energetica Comunitaria (Ce$49,147
...and 55 more grants made totalling $1,043,756

Who funds Puerto Rico Community Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Conrad N. Hilton FoundationTo Support the Puerto Rico Community Recovery Fund To Strengthen the Capacity of the Islands Civil Society To Operate in the Aftermath of Hurricane Fiona$500,000
Rockefeller Philanthropy Advisors (RPA)General$205,000
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$200,000
...and 18 more grants received totalling $1,726,208

Personnel at Puerto Rico Community Foundation

NameTitleCompensation
Nelson Colon TarratsPresident and Chief Executive Officer / Executive President$211,221
David HaddockVice President of Administration and Program$128,275
Mary Ann GabinoVice President Senior / Senior Vice President$109,085
Noelia MarinFinance Director
Noelia Marin OquendoFinance Director and Comptroller$69,969
...and 4 more key personnel

Financials for Puerto Rico Community Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$5,315,139
Program services$205,719
Investment income and dividends$693,985
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$13,110
Total revenues$6,227,953

Form 990s for Puerto Rico Community Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122023-02-14990View PDF
2020-122021-11-15990View PDF
2019-122021-04-05990View PDF
2018-122019-11-01990View PDF
...and 9 more Form 990s

Organizations like Puerto Rico Community Foundation

OrganizationLocationRevenue
Community Foundation of Greater DubuqueDubuque, IA$18,173,016
Northwest Connecticut Community FoundationTorrington, CT$15,274,377
Fremont Area Community FoundationFremont, MI$14,536,377
Oregon Trail Community FoundationScottsbluff, NE$1,859,489
Southcoast Community FoundationNew Bedford, MA$12,813,868
Community Foundation of the Virgin Islands (CFVI)Saint Thomas, VI$4,268,383
Harrison County Community Foundation (HCCF)Corydon, IN$3,733,929
The Community Foundation for Ocala Marion CountyOcala, FL$3,078,775
Community Foundation of Mendocino CountyUkiah, CA$4,993,048
Central Valley Community Foundation A CorporationFresno, CA$26,435,459
Data update history
January 22, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 3, 2024
Received grants
Identified 14 new grant, including a grant for $500,000 from Conrad N. Hilton Foundation
October 23, 2023
Received grants
Identified 2 new grant, including a grant for $205,000 from Rockefeller Philanthropy Advisors (RPA)
August 19, 2023
Received grants
Identified 7 new grant, including a grant for $200,000 from The Nathan Cummings Foundation
June 22, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Grantmaking organizationsCommunity foundationsHeadquarter / parent organizationsCharities
Issues
Community improvement
Characteristics
Operates donor advised fundsProvides grantsState / local levelReceives government fundingEndowed supportProvides scholarshipsTax deductible donations
General information
Address
PO Box 70362
San Juan, PR 00936
Metro area
San Juan-Bayamon-Caguas, PR
County
San Juan Municipio, PR
Website URL
fcpr.org/ 
Phone
(787) 721-1037
Twitter profile
@fcomunitaria 
IRS details
EIN
66-0413230
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1984
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T31: Community Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Central organization
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