Puerto Rico Community Foundation Inc
Puerto Rico Community Foundation Inc
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About this organization
Mission
To develop the capacities of communities in Puerto Rico so that they may achieve social transformation and economic self-sufficiency, by stimulating investment in communities and maximizing the impact and yield of each contribution.
About
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
Interesting data from their 2019 990 filing
The purpose of the non-profit, as set forth in the filing, is “To develop the capacities of the communities in puerto rico to achieve their social and economic transformation, stimulating philanthropic investment and maximizing the yield of each contribution.”.
When discussing its purpose, they were characterized as: “To develop the capacities of the communities in puerto rico to achieve their social and economic transformation, stimulating philanthropic investment and maximizing the yield of each contribution.”.
- The state in which the non-profit is legally authorized to operate is PR, as reported.
- The form of the non-profit reports 22 employees as of 2019.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $5,899,371.
- The organization has 15 independent voting members.
- The organization was formed in 1984.
- The organization pays $1,455,864 in salary, compensation, and benefits to its employees.
- The organization pays $648,649 in fundraising expenses.
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