$188K in expenses

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

$1.3M in expenses

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.

$19K in expenses

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.

— in expenses

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

$3.3M in expenses

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

$92K in expenses

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.