Foundation for Puerto Rico Inc
Donations deductibleFoundation for Puerto Rico Inc's network
10 peoplei10 people on this map.The large node is the subject of this page. Solid lines are what the register itself records (10). Form 990 filings give names without a person identifier; SEC insider filings carry a CIK.The board
10 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations.Tenure and departures are observed across annual filings. Observed tenure is a lower bound - a member may have joined before the first year on record. The organisation reported 10 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Jonathan Borschow Chair | Chairman | 2020 | 6 yrs |
| Ramon Mellado Chair | Chair Govern | 2020 | 6 yrs |
| Alexander Borschow | Director | 2020 | 6 yrs |
| Carlos L Rodriguez Ramos | Director | 2023 | 3 yrs |
| Graciela Eleta | Vice-Chairwo | 2020 | 6 yrs |
| Ingrid Rivera | Company secretary | 2020 | 6 yrs |
| Jesus Lopez | Director | 2023 | 3 yrs |
| Juan A Ramos | Director | 2020 | 6 yrs |
| Ronald Castro | Director | 2020 | 6 yrs |
| Zulmarie Urrutia | Treasurer | 2021 | 5 yrs |
Under 5 years5 to 6 years6 years or more
Officers and senior leadership
7 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| Alexandra Lugaro | Executive Di | since 2021 |
| Alma M Frontera | Director of | 2020 |
| Alma M Frontera Colon | VP Operation | since 2022 |
| ANA M Lopez | VP Marketing | since 2020 |
| Cesar A Santos Cardona | HR Director | since 2023 |
| Damaris Ocasio Nieves | CFO | since 2022 |
| Soledad Gaztambide Arandes | Chief Office | since 2022 |
Pay and hours
year to 31 December 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Damaris Ocasio Nieves | CFO | 40 | $160k | ||
| Soledad Gaztambide Arandes | Chief Office | 40 | $127k | ||
| Cesar A Santos Cardona | HR Director | 40 | $105k | ||
| Alma M Frontera Colon | VP Operation | 40 | $104k | ||
| Alexander Borschow | Director | $0 | |||
| Jonathan Borschow | Chairman | $0 | |||
| Ronald Castro | Director | $0 | |||
| Graciela Eleta | Vice-Chairwo | $0 | |||
| Jesus Lopez | Director | $0 | |||
| Ramon Mellado | Chair Govern | $0 | |||
| Carlos L Rodriguez Ramos | Director | $0 | |||
| Juan A Ramos | Director | $0 | |||
| Ingrid Rivera | Secretary | $0 | |||
| Zulmarie Urrutia | Treasurer | $0 |
About
- Legal name
- Foundation for Puerto Rico Inc
- EIN
- 660776227
- Address
- 1500 Calle Antonsanti, San Juan, PR, 00912-3139
- State
- Puerto Rico
- Mission
- 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. (as filed on the Form 990)
- Activity (NTEE)
- S20 Community improvement and capacity building
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Community Improvement & Capacity Building
- Size band
- 7 (IRS master file code)
- Formed
- 2011
- Principal officer
- Damaris Ocasio Nieves (as named on the Form 990)
- IRS ruling date
- 1 December 2013
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 6, latest 2024
- IRS Publication 78
- PC (contributions deductible)
Most connected
Longest observed on the filings
≥6years on the filingsJonathan Borschow
≥6years on the filingsRamon Mellado
≥6years on the filingsAlexander Borschow
≥6years on the filingsGraciela Eleta
Latest return
year to 31 December 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2024. US dollars, as filed.- Total assets
- $6.2m
- Total liabilities
- $2.7m
- Net assets or fund balances
- $3.5m
- Contributions and grants received
- $4.4m
- Program service revenue
- $0
- Grants and similar paid out
- $95k
- Employees
- 60
- Volunteers
- 1
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $4.5m | $4.5m | Deficit $9k |
As filed on the IRS Form 990. US dollars.
Grants paid
1 listediFrom Schedule I of the Form 990: grants and assistance to organisations in the United States, largest first (up to 25). Schedule I is filed only by organisations that gave more than $5,000 to any one recipient.| Recipient | Purpose | Amount |
|---|---|---|
| Mariny del R Vazquez Maldonado | Reimbursement | $77k |