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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Community Improvement & Capacity Building Foundation for Puerto Rico Inc.

Foundation for Puerto Rico Inc.

Fiscal year ending 2021. Filed on January 31, 2023.

PO Box 364029
Ave Rh Todd 880
San Juan, Puerto Rico 00936

Foundation for Puerto Rico Inc. (EIN: 66-0776227) has filed an IRS Form 990 between fiscal years 2016 and 2024. In its fiscal year 2021 IRS Form 990 filing, Foundation for Puerto Rico Inc., a 501(c)(3) charitable organization, reported compensation for 4 out of 61 total employees. Among the employees shown here, the average compensation is $139,204. The highest compensated employee at Foundation for Puerto Rico Inc. is Damaris Ocasio Nieves with fiscal year 2021 compensation of $171,439.

Revenue, expenses, and employee compensation

Revenue

$7,478,799

Expenses

$7,301,165

Employee compensation

$3,406,233
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Damaris Ocasio Nieves
Chief Financial Officer
$171,439
$171,439 No related compNo other comp
Annie Mayol del Valle
President
$155,475
$155,475 No related compNo other comp
Ana M Lopez
Vice President, Marketing
$124,815
$124,815 No related compNo other comp
Alexandra Lugaro
Executive Director
$105,088
$105,088 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Alexander Borschow
Director
Graciela Eleta
Vice Chair
Ingrid Rivera
Secretary
Jonathan Borschow
Chair
Juan A Ramos
Director
Juan Sabater
Director
Milton Cruz
Director
Rafael Ortiz
Director
Ramon Mellado
Treasurer
Ronald Castro
Director
Zulmarie Urrutia
Director

Contractors

Integrated Solar Operation LLC
Supplies
$361,176
Powercomm Inc.
Supplies
$325,961
Streetsense Consulting LLC
Consulting
$215,781
Putnam Lac Holding LLC
Rent
$184,784
Abexus LLC
Consulting
$180,000

Mission Statement

FOUNDATION FOR PUERTO RICO, INC. (FPR) WORKS WITH A DEFINED PLAN TO DEVELOP PUERTO RICO'S SOCIAL AND ECONOMIC POTENTIAL AND TRANSFORM IT INTO AN IMPORTANT COMPETITOR IN THE WORLD. FPR DOES THIS BY PROMOTING THE VISITOR ECONOMY AND EXPORT OF THE 21ST CENTURY AS CENTRAL TO ECONOMIC DEVELOPMENT; SUPPORTING INNOVATION IN EVERY SECTOR; CONTRIBUTING TO STRENGTHEN AND DEVELOP THE ORGANIZATIONS THAT MAKE UP OUR SOCIETY; AND DRIVING THE TALENT HERE TO RECOGNIZE ITS POTENTIAL. THE MISSION IS TO TRANSFORM PUERTO RICO INTO A DESTINATION FOR THE WORLD BY DRIVING SUSTAINABLE STRATEGIES OF ECONOMIC AND SOCIAL DEVELOPMENT.

Revisions to this organization profile

November 17, 2025:
2024 Foundation for Puerto Rico Inc. 990 filed
November 14, 2024:
2023 Foundation for Puerto Rico Inc. 990 filed
November 15, 2023:
2022 Foundation for Puerto Rico Inc. 990 filed

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