POPULAR FOUNDATION INC: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- POPULAR FOUNDATION INC (EIN 47-4997597)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-10-29
- IRS object ID
- 202433039349100803
- Schema version
- 2023v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Depreciation Schedule
- Investments Other Schedule2
- Other Expenses Schedule
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-10-29T08:42:54-05:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 474997597 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | POPULAR FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % COMPTROLLER DIVISION | InCareOfNm |
| Business Name Control | POPU | BusinessNameControlTxt |
| Phone | 7877258861 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 85 BROAD STREET 10TH FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10004 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | EDUARDO NEGRON | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 7877659800 | PhoneNum |
| Signature | 2024-10-29 | SignatureDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $3,918,718 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $671,878 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $105,887 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $105,887 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $8,804 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,204,852 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $8,804 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $786,569 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $114,691 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $16,905 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Dsbrs Chrtbl | $16,905 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $1,662 | TaxesRevAndExpnssAmt |
| Taxes Dsbrs Chrtbl | $1,662 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $104,167 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $104,167 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $122,734 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $122,734 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $445,363 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $445,363 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $568,097 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $568,097 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $218,472 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $114,691 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $302,918 | CashBOYAmt |
| Cash EOY | $113,468 | CashEOYAmt |
| Cash EOYFMV | $113,468 | CashEOYFMVAmt |
| Acct Rcvbl | $14,500 | AcctRcvblAmt |
| Acct Rcvbl BOY | $8,116 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $14,500 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $14,500 | AcctRcvblEOYFMVAmt |
| Other Investments BOY | $3,277,674 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $3,790,750 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $3,790,750 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $3,588,708 | TotalAssetsBOYAmt |
| Total Assets EOY | $3,918,718 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $3,918,718 | TotalAssetsEOYFMVAmt |
| Grants Payable BOY | $396,900 | GrantsPayableBOYAmt |
| Grants Payable EOY | $55,000 | GrantsPayableEOYAmt |
| Total Liabilities BOY | $396,900 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $55,000 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $898,706 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $1,329,705 | NoDonorRstrNetAssestsEOYAmt |
| Donor Rstr Net Assets BOY | $2,293,102 | DonorRstrNetAssetsBOYAmt |
| Donor Rstr Net Assets EOY | $2,534,013 | DonorRstrNetAssetsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $3,191,808 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $3,863,718 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $3,588,708 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $3,918,718 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $3,191,808 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $218,472 | ExcessRevenueOverExpensesAmt |
| Other Increases | $453,438 | OtherIncreasesAmt |
| Subtotal | $3,863,718 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $3,863,718 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|
| NOTE REDEMPTION | 2022-01-01 | 2023-08-01 | $450,000 | $446,063 | $3,937 | $3,937 |
| T-BILLS | 2023-01-01 | 2023-05-01 | $754,852 | $749,985 | $4,867 | $4,867 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $8,804 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $1,594 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $1,594 | SubtotalAmt |
| Tax Based On Investment Income | $1,594 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,830 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Total Payments And Credits | $1,830 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $236 | OverpaymentAmt |
| Applied To ES Tax | $236 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | FL | OrgReportOrRegisterStateCd |
| Org Report Or Register State | IL | OrgReportOrRegisterStateCd |
| Org Report Or Register State | NJ | OrgReportOrRegisterStateCd |
| Org Report Or Register State | NY | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | www.popularbank.com/about-us/in-the-community | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COMPTROLLER DIVISION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7877659800 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 208 PONCE DE LEON AVE | AddressLine1Txt |
| City | SAN JUAN | CityNm |
| State Abbreviation | PR | StateAbbreviationCd |
| ZIP | 00918 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (9 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| RICHARD CARRION | ||||||||
| 85 BROAD STREET 10TH FLOOR | NEW YORK | NY | 10004 | CHAIRMAN, DIRECTOR | 1.0 | $0 | $0 | $0 |
| CARLOS VAZQUEZ | ||||||||
| 85 BROAD STREET 10TH FLOOR | NEW YORK | NY | 10004 | VICE CHAIRMAN, DIRECTOR | 1.0 | $0 | $0 | $0 |
| BEATRIZ POLHAMUS | ||||||||
| 85 BROAD STREET 10TH FLOOR | NEW YORK | NY | 10004 | EXECUTIVE DIRECTOR, DIRECTOR | 1.0 | $0 | $0 | $0 |
| EDUARDO J NEGRON | ||||||||
| 85 BROAD STREET 10TH FLOOR | NEW YORK | NY | 10004 | TREASURER, DIRECTOR | 1.0 | $0 | $0 | $0 |
| IGNACIO ALVAREZ ZATARAIN | ||||||||
| 85 BROAD STREET 10TH FLOOR | NEW YORK | NY | 10004 | DIRECTOR | 1.0 | $0 | $0 | $0 |
| MANUEL CHINEA | ||||||||
| 85 BROAD STREET 10TH FLOOR | NEW YORK | NY | 10004 | DIRECTOR | 1.0 | $0 | $0 | $0 |
| BERTHA ROZIER | ||||||||
| 85 BROAD STREET 10TH FLOOR | NEW YORK | NY | 10004 | DIRECTOR | 1.0 | $0 | $0 | $0 |
| ISRAEL VELASCO | ||||||||
| 85 BROAD STREET 10TH FLOOR | NEW YORK | NY | 10004 | DIRECTOR | 1.0 | $0 | $0 | $0 |
| AMY L FESTANTE | ||||||||
| 85 BROAD STREET 10TH FLOOR | NEW YORK | NY | 10004 | SECRETARY | 1.0 | $0 | $0 | $0 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $3,534,212 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $208,193 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $11,308 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $3,753,713 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $3,753,713 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $56,306 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $3,697,407 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $184,870 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $184,870 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1,594 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $1,594 | TotalTaxAmt |
| Distributable Before Adj | $183,276 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $183,276 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $183,276 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $568,097 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $568,097 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $183,276 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2021 | PriorYear1Yr |
| Prior Year2 | 2020 | PriorYear2Yr |
| Prior Year3 | 2019 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $1,899,461 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $321,464 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $1,171,235 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $263,919 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $372,728 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $4,028,807 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $568,097 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $183,276 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $384,821 | RemainingDistriFromCorpusAmt |
| Total Corpus | $4,413,628 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $1,899,461 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $2,514,167 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $321,464 | ExcessFromYear4Amt |
| Excess From Year3 | $1,171,235 | ExcessFromYear3Amt |
| Excess From Year2 | $263,919 | ExcessFromYear2Amt |
| Excess From Year1 | $372,728 | ExcessFromYear1Amt |
| Excess From Current Year | $384,821 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NONE | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | Beatriz Polhamus | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 85 Broad Street 10th Floor | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10004 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 7877659800 | RecipientPhoneNum |
| Form And Info And Materials | FORMAL GRANT REQUEST | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | REQUEST FOR INDIVIDUAL GRANTS NOT ELEGIBLE | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (32 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|
| BOTTOMLESS CLOSET | |||||||
| 1 West 34th Street 5th Floor | New York | NY | 10001 | PF | Empowering disadvantaged women to work towards self-sufficiency by building skills through the Upskill at Home virtual workshop program. | $10,000 | |
| NORTHERN MANHATTAN IMPROVEMENT CORPORATION | |||||||
| 45 WADSWORTH AVENUE | New York | NY | 10033 | PF | NMIC's Worker Cooperative Development Project helps residents develop, launch, sustain, and grow worker-owned cooperatives business by providing trainings and ongoing technical assistance for their members. | $10,000 | |
| CENTER FOR FINANCIAL TRAINING INC | |||||||
| Miami Dade College | Miami | FL | 33132 | PF | The Students-Teaching-Students targets Miami Dade College students and their families with the mission to raise financial literacy among LMI communities. | $10,000 | 245 NE 4th Street Room 3704-10 |
| UNITED WAY OF MIAMI-DADE INC | |||||||
| The Ansin Building | Miami | FL | 331292712 | PF | United Way Center for Financial Stability (CFS) provides access to comprehensive financial stability services to low and moderate-income individuals and families, providing a full range of services and supports to achieve financial transformation. | $10,000 | 3250 Southwest Third Avenue |
| WOMEN'S HOUSING AND ECONOMIC DEVELOPMENT CORPORATI | |||||||
| 50 East 168 Street | Bronx | NY | 10452 | PF | WHEDco's Education and Youth Development Programs strengthen the academic, critical thinking and literacy skills. They also, promote educational and vocational success, cultivate the leadership skills of youth, and instill healthy behavior practices. | $10,000 | |
| JUNIOR ACHIEVEMENT OF NEW YORK | |||||||
| 200 West 41st Street - Suite 800 | New York | NY | 10036 | PF | Engaging Popular Bank Volunteers to Teach Financial Literacy to K-12 Students. Support from the Popular Foundation will allow for virtual and in-person delivery of JA's curriculum to students in high-need communities throughout New York City. | $15,000 | |
| VIOLENCE INTERVENTION PROGRAM INC | |||||||
| PO Box 1161 | New York | NY | 10035 | PF | VIP's Economic Justice Program empowers immigrant, Latinx survivors of domestic and sexual violence to achieve financial independence by providing culturally affirming and trauma-informed financial literacy training and small business development. | $10,000 | |
| CHAPMAN PARTNERSHIP INC | |||||||
| 1550 North Miami Avenue | Miami | FL | 331362015 | PF | Housing Opportunities and Professional Enrichment (HOPE) connects structurally unemployed/underemployed homeless individuals to workforce development training that leads them to sustained employment. | $16,854 | 2nd Floor Administrative |
| KINGSBRIDGE HEIGHTS COMMUNITY CENTER INC | |||||||
| 3101 Kingsbridge Terrace | Bronx | NY | 10463 | PF | KHCC's Teen Center, works as a youth development program for low-income Bronx adolescents, ages 11-21, offering a safe, supportive environment for learning and growth. | $15,000 | |
| FRESH YOUTH INITIATIVES INC | |||||||
| 505 West 171st Street | New York | NY | 10032 | PF | The Welcome Program: provides afterschool and summer programs for 140 low income, immigrant, and first-generation children in grades Pre-K to 5th grade. | $8,000 | |
| URBAN WORKFORCE ADVANTAGE INC | |||||||
| 66 Elmora Avenue | Elizabeth | NJ | 07202 | PF | Project ABLE (Adult Basic Literacy Education) provides Adult Basic Skills and English as a Second Language instruction, employment readiness skills and citizenship to adults with limited English proficiency/literacy in Hudson and Union Counties, NJ. | $10,000 | |
| NETWORK FOR TEACHING ENTREPRENEURSHIP | |||||||
| 360 NW 27th Street | Miami | FL | 33127 | PF | NFTE's Aspiring Entrepreneurs Program (AEP), is an intensive experiential program for youth from Miami-Dade's low-income communities. AEP is designed to inspire and prepare students to pursue their dreams for future careers and small business startup. | $10,000 | |
| THELMA GIBSON HEALTH INITIATIVE | |||||||
| 3634 Grand Avenue | Miami | FL | 33133 | PF | TGHI's "From Home Isolation to Community Integration Seniors Program" works with48 elderly/seniors providing biweekly home visits & conducting wellness checks, case management & providing Instacart Food Certificates & Activities for Stimulation. | $31,677 | |
| NATIONAL COUNCIL OF JEWISH WOMEN INC | |||||||
| 70 S Orange Ave Suite 120 | Livingston | NJ | 07039 | PF | Since 2008, the NCJW/Essex Back 2 School Store (B2SS) has provided new school supplies, clothing and toiletries to more than 10,300 underserved children throughout Essex County with the help of more than 4,600 volunteers. | $10,000 | |
| JUNIOR ACHIEVEMENT MIAMI | |||||||
| 2124 NE 123 Street Suite 206 | North Miami Florida | FL | 33181 | PF | Empowering Youth: This project will support Junior Achievement's effort to provide financial literacy, workforce readiness, and entrepreneurship programs to over 37,500 K- 12 grade students in South Florida. | $25,000 | |
| AUTISM HERO PROJECT | |||||||
| 2612 Pond View Drive | Algonquin | IL | 60102 | "Autism Training for First Responders" seeks to train police officers and other first responders to be able to recognize behaviors that might indicate autism more quickly and help distressed autistics efficiently and safely. | $10,000 | ||
| BROOKLYN BUREAU OF COMMUNITY SERVICE | |||||||
| 151 Lawrence St 4th Floor | Brooklyn | NY | 11201 | Through the Cumbo Childhood Education Center, BCS seeks to continue its afterschool programming focused on strengthening reading, writing, and critical thinking skills using customized curricula that incorporate language arts, math and science. | $10,000 | ||
| CREO COLLEGE PREPARATORY CHARTER SCHOOL | |||||||
| 524 Courtlandt Ave | Bronx | NY | 10451 | Creo's College Awareness Field Trips: This program brings to life our vision of students thriving in college. In partnership with Popular, these field trips promote belonging and confidence for first-generation college-bound students. | $20,000 | ||
| FAMILY LEGAL CARE | |||||||
| 32 Court Street Suite 1208 | Brooklyn | NY | 11201 | LIFT's Family Law Education and Community Outreach Program primarily entails virtual legal clinics, webinars, and sharing of legal information and tools in the community and with local service providers. | $10,000 | ||
| LATINAS ON THE VERGE OF EXCELLENCE - LOVE INC | |||||||
| 23-90 29th Street 2 | Queens | NY | 11105 | The L.O.V.E. program is delivered during the academic year in partner schools. Mentors and mentees will participate in weekly, hour-long sessions guided by a curriculum that consists of mental health, reproductive health, college and career readiness. | $10,000 | ||
| SEARCH AND CARE INC | |||||||
| 1844 Second Ave | New York | NY | 10128 | "Money Matters" helps older adults attain financial security. Its Program Coordinator and Navigators help organize documents; pay bills; budget; secure ongoing/emergency stipends; negotiate arrears; debt reduction; representative payee, etc. | $7,500 | ||
| VICTORY CENTER INC | |||||||
| 18900 Northeast 25th Avenue | North Miami Beach | FL | 33180 | Sports Therapy/Physical Education to subsidize expenses related to implementing a teacher-delivered Physical Education Program, ensuring students have access to engaging activities that not only improve health but also improve the quality of life. | $16,854 | ||
| CRISTO REY NEW YORK HIGH SCHOOL | |||||||
| 112 E 106TH | NEW YORK | NY | 10029 | CONTRIBUTION TO CORPORATE CLASSROOM SPONSORSHIP | $55,000 | ||
| PR CENTRO DE ARTES Y TECNOLOGIA | |||||||
| 1095 AVE OF THE AMERICA | NEW YORK | NY | 10036 | VERIZON GRANT MADE TO POPULAR FOUNDATION AND WAS DONATED TO PR CENTRO DE ARTES Y TECNOLOGIA (PRCAT) | $12,000 | ||
| ASPIRE III | |||||||
| 9901 Derby Lane | Westchester | IL | 60154 | Sensory Solutions: Empowering Adults with Disabilities to Succeed Funding will allow Aspire to create two sensory rooms, one dedicated to reducing sensory input ("The Calming Room") and another for increasing sensory input ("The Tactile Room"). These two rooms will provide essential support to 70 adults with disabilities and their 12 team leaders during day programming hours, Monday-Friday from 9 a.m.- 3 p.m. | $8,125 | ||
| BANYAN COMMUNITY | |||||||
| 2529 13th Ave S | Minneapolis | MN | 55404 | ACES is a year-round out-of-school time program that helps low-income middle school and high school youth be prepared to enroll and graduate from a post-secondary educational pursuit and enter the workforce. The goals of ACES are to provide education support and preparation for a successful future. The requested funds will be used for direct support of the program including staff salaries, program supplies and transportation to the program. | $10,000 | ||
| CRISTO REY MIAMI HIGH SCHOOL | |||||||
| 125 NE 119th St | North Miami | FL | 33161 | Cristo Rey Miami Corporate Work Study Program, a part of the Cristo Rey Network, stands as the sole educational model in the United States that combines four years of academic study with four years of professional work experience. This comprehensive approach not only prepares students for college but also empowers them to excel professionally at post-graduation. Support from the Popular Foundation will support Cristo Rey Miami's program including Business Literacy course for all students. | $31,854 | ||
| HABITAT FOR HUMANITY OF GREATER NEWARK | |||||||
| 58 Park Pl | Newark | NJ | 07102 | Building Blocks to Community and Economic Development in New Jersey seeks to help sustain home building and rehabilitation programs in three NJ Counties for families who financially struggle to access and maintain a decent affordable home. | $10,000 | ||
| JUSTICE FOR FAMILIES | |||||||
| 2090 Honeywell Ave | Bronx | NY | 10460 | J4F Financial Literacy Workshop Series will present a 5-week financial literacy course serving 10 to 15 participants. The curriculum will focus on practical strategies to help participants improve their financial standing, and by the end of the course, participants will create financial plans for themselves, aimed at improving their credit scores and general financial stability. | $10,000 | ||
| RESOLUTION PROJECT INC | |||||||
| 370 Lexington Suite 302 | New York | NY | 10017 | Resolution Project identifies, equips, empowers, and funds enthusiastic undergraduate social entrepreneurs starting social enterprises to solve some of the world's most persistent and challenging social and environmental problems. They support young social entrepreneurs in addressing local problems affecting their communities by providing catalytic seed funding to launch their social ventures, individualized mentorship, and access to pro-bono resources. scale and grow their ventures. | $20,000 | ||
| TANDEM FAMILY | |||||||
| 4105 Chicago Ave | Minneapolis | MN | 55407 | Stabilize, Strengthen and Thrive is a 12-week program centered on bringing therapy, life skills education, and life coaching to all participants. The requested funds will cover program cost for ten women in need. Tandem therapy resources and education program equips and encourages clients with foundational principles for becoming self-sufficient, healthy families. | $10,000 | ||
| AMOUNT ACCRUED LAST YEAR AND PAID DURING 2023 | |||||||
| 85 BROAD ST 10TH FLOOR | NEW YORK | NY | 10004 | AMOUNT ACCRUED LAST YEAR AND PAID DURING 2023 | -$7,501 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $445,363 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp | |
| Int On Sav And Temp Cash Invst | IntOnSavAndTempCashInvstGrp |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $105,887 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Income | OtherInvestmentIncomeGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $8,804 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $114,691 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $114,691 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | Yes (true) | RelationshipsNonchrtblEOInd |
Relationship Schedule Detail RelationshipScheduleDetail
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FUNDACION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Type | PRIVATE FOUNDATION | OrganizationTypeDesc |
| Relationship Description | FUNDACION BANCO POPULAR INC. | RelationshipDescriptionTxt |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (4 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|---|
| POPULAR BANK | |||||||
| 1 | 85 BROAD STREET 10TH FLOOR | NEW YORK | NY | 10004 | $420,440 | Yes (X) | |
| SERVICES PROVIDED BY POPULAR BANK E | |||||||
| 2 | 85 BROAD STREET 10TH FLOOR | NEW YORK | NY | 10004 | $104,000 | Yes (X) | |
| MANUEL CHINEA | |||||||
| 3 | 85 BROAD STREET 10TH FLOOR | NEW YORK | NY | 10004 | $22,965 | Yes (X) | |
| MOLLY A HIME | |||||||
| 4 | 85 BROAD STREET 10TH FLOOR | NEW YORK | NY | 10004 | $7,520 | Yes (X) | |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 2 | ContributorNum |
| Noncash Property | SERVICES PROVIDED BY POPULAR BANK EMPLOYEES | NoncashPropertyDesc |
| Fair Market Value | $104,000 | FairMarketValueAmt |
Depreciation Schedule DepreciationSchedule
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | INVESTMENTS | CategoryOrItemTxt |
| Book Value | $3,790,750 | BookValueAmt |
| EOYFMV | $3,790,750 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| DONATED SERVICES | $104,000 | $104,000 |
| OTHER EXPENSES | $167 | $167 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED LOSS - SECURITIES | Desc |
| Amt | $453,438 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | AUDIT FEES | CategoryTxt |
| Amt | $16,905 | Amt |
| Disbursements Charitable Prps | $16,905 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (5 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| SECRETARY OF STATE ILLINOIS | $228 | $228 |
| INTERNAL REVENUE SERVICE | $676 | $676 |
| NEW YORK STATE | $275 | $275 |
| CT RESIDENT AGENT | $182 | $182 |
| STATE OF FLORIDA | $301 | $301 |
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