POPULAR FOUNDATION INC: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- POPULAR FOUNDATION INC (EIN 47-4997597)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-02
- IRS object ID
- 202313069349101426
- Schema version
- 2022v5.0
- 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
- Other Decreases Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-02T14:57:07-05:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | 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 | 2023-10-19 | SignatureDt |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | EDUARDO | PersonFirstNm |
| Person Last | NEGRON | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $3,588,708 | 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 | $675,520 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $89,013 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $89,013 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$1,600 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $125,000 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $762,933 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $89,013 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $15,496 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Dsbrs Chrtbl | $15,496 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $3,376 | TaxesRevAndExpnssAmt |
| Taxes Dsbrs Chrtbl | $3,376 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $88,081 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $88,081 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $106,953 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $106,953 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $448,860 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $448,860 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $555,813 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $555,813 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $207,120 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $89,013 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $147,889 | CashBOYAmt |
| Cash EOY | $302,918 | CashEOYAmt |
| Cash EOYFMV | $302,918 | CashEOYFMVAmt |
| Acct Rcvbl | $8,116 | AcctRcvblAmt |
| Acct Rcvbl BOY | $9,014 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $8,116 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $8,116 | AcctRcvblEOYFMVAmt |
| Other Investments BOY | $3,739,526 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $3,277,674 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $3,277,674 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $3,896,429 | TotalAssetsBOYAmt |
| Total Assets EOY | $3,588,708 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $3,588,708 | TotalAssetsEOYFMVAmt |
| Grants Payable BOY | $279,207 | GrantsPayableBOYAmt |
| Grants Payable EOY | $396,900 | GrantsPayableEOYAmt |
| Total Liabilities BOY | $279,207 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $396,900 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $1,075,927 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $898,706 | NoDonorRstrNetAssestsEOYAmt |
| Donor Rstr Net Assets BOY | $2,541,295 | DonorRstrNetAssetsBOYAmt |
| Donor Rstr Net Assets EOY | $2,293,102 | DonorRstrNetAssetsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $3,617,222 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $3,191,808 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $3,896,429 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $3,588,708 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $3,617,222 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $207,120 | ExcessRevenueOverExpensesAmt |
| Subtotal | $3,824,342 | SubtotalAmt |
| Other Decreases | $632,534 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $3,191,808 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | FIXED INCOME SECURITIES REDEMPTION | PropertyDesc |
| How Acquired | P | HowAcquiredCd |
| Acquired | 2021-01-01 | AcquiredDt |
| Sold | 2022-12-31 | SoldDt |
| Gross Sales Price | $125,000 | GrossSalesPriceAmt |
| Cost Or Other Basis | $126,600 | CostOrOtherBasisAmt |
| Gain Or Loss | -$1,600 | GainOrLossAmt |
| Gains Minus Excess Or Losses | -$1,600 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$1,600 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $1,237 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $1,237 | SubtotalAmt |
| Tax Based On Investment Income | $1,237 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $2,500 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Total Payments And Credits | $2,500 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $1,263 | OverpaymentAmt |
| Applied To ES Tax | $1,263 | 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 | Yes (true) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| 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 | 0 | $0 | $0 | $0 |
| CARLOS VAZQUEZ | ||||||||
| 85 BROAD STREET 10TH FLOOR | NEW YORK | NY | 10004 | VICE CHAIRMAN, DIRECTOR | 0 | $0 | $0 | $0 |
| BEATRIZ POLHAMUS | ||||||||
| 85 BROAD STREET 10TH FLOOR | NEW YORK | NY | 10004 | EXECUTIVE DIRECTOR, DIRECTOR | 0 | $0 | $0 | $0 |
| EDUARDO J NEGRON | ||||||||
| 85 BROAD STREET 10TH FLOOR | NEW YORK | NY | 10004 | TREASURER, DIRECTOR | 0 | $0 | $0 | $0 |
| IGNACIO ALVAREZ ZATARAIN | ||||||||
| 85 BROAD STREET 10TH FLOOR | NEW YORK | NY | 10004 | DIRECTOR | 0 | $0 | $0 | $0 |
| MANUEL CHINEA | ||||||||
| 85 BROAD STREET 10TH FLOOR | NEW YORK | NY | 10004 | DIRECTOR | 0 | $0 | $0 | $0 |
| CATHY VUONG | ||||||||
| 85 BROAD STREET 10TH FLOOR | NEW YORK | NY | 10004 | DIRECTOR | 0 | $0 | $0 | $0 |
| ISRAEL VELASCO | ||||||||
| 85 BROAD STREET 10TH FLOOR | NEW YORK | NY | 10004 | DIRECTOR | 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 | $3,508,600 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $225,404 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $8,565 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $3,742,569 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $3,742,569 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $56,139 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $3,686,430 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $184,322 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $184,322 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1,237 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $1,237 | TotalTaxAmt |
| Distributable Before Adj | $183,085 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $183,085 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $183,085 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $555,813 | 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 | $555,813 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $183,085 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2020 | PriorYear1Yr |
| Prior Year2 | 2019 | PriorYear2Yr |
| Prior Year3 | 2018 | PriorYear3Yr |
| Excess Distribution Cyov Yr5 | $260,765 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $1,899,461 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $321,464 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $1,171,235 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $263,919 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $3,916,844 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $555,813 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $183,085 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $372,728 | RemainingDistriFromCorpusAmt |
| Total Corpus | $4,289,572 | TotalCorpusAmt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $260,765 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $4,028,807 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $1,899,461 | ExcessFromYear4Amt |
| Excess From Year3 | $321,464 | ExcessFromYear3Amt |
| Excess From Year2 | $1,171,235 | ExcessFromYear2Amt |
| Excess From Year1 | $263,919 | ExcessFromYear1Amt |
| Excess From Current Year | $372,728 | 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 |
| Recipient Email Address | beatriz.polhamus@popular.com | RecipientEmailAddressTxt |
| 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 (28 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. | $8,000 | 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. | $8,000 | 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. | $13,011 | |
| 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. | $17,500 | 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. | $8,000 | |
| 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. | $25,000 | |
| 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. | $8,380 | ||
| 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. | $5,000 | ||
| 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. | $8,000 | ||
| 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. | $11,000 | ||
| 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. | $5,000 | ||
| 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. | $12,840 | ||
| ORGANIZATION TO BE SELECTED IN THE NEXT TAX PERIOD | |||||||
| 85 BROAD ST 10TH FLOOR | NEW YORK | NY | 10004 | AMOUNT ACCUMULATED TO BE PAID DURING THE NEXT TAXABLE YEAR ONCE THE ORGANIZATION IS SELECTED. | $7,502 | ||
| ADJUSTMENT PRESENT VALUE OF GRANT - HISPANIC FED | |||||||
| 85 BROAD ST 10TH FLOOR | NEW YORK | NY | 10004 | ADJUSTMENT PRESENT VALUE OF GRANT | $4,127 | ||
| CRISTO REY NEW YORK HIGH SCHOOL | |||||||
| 112 E 106TH | NEW YORK | NY | 10029 | CONTRIBUTION TO CORPORATE CLASSROOM SPONSORSHIP | $77,000 | ||
| PR OPEN | |||||||
| 100 CALLE DEL MUEBLE | SAN JUAN | PR | 00901 | PF | PR OPEN GRANT MADE TO POPULAR FOUNDATION WAS DONATED TO FUNDACION BANCO POPULAR | $7,500 | |
| BOHEMIA 2022 | |||||||
| SAN JUAN | SAN JUAN | PR | 00906 | HARLAND CLARKE DONATED TO BOHEMIA 2022. | $5,000 | ||
| 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) | $100,000 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $448,860 | 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 | $89,013 | 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 | -$1,600 | 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 | $87,413 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $87,413 | 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 (7 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd | Noncash ContributionNoncashContributionInd | Payroll ContributionPayrollContributionInd |
|---|---|---|---|---|---|---|---|---|
| POPULAR BANK | ||||||||
| 1 | 85 BROAD STREET 10TH FLOOR | NEW YORK | NY | 10004 | $352,635 | Yes (X) | ||
| VERIZON | ||||||||
| 2 | 1095 AVE OF THE AMERICA | NEW YORK | NY | 10036 | $100,000 | Yes (X) | ||
| SERVICES PROVIDED BY POPULAR BANK E | ||||||||
| 3 | 85 BROAD STREET 10TH FLOOR | NEW YORK | NY | 10004 | $88,000 | Yes (X) | ||
| MANUEL CHINEA | ||||||||
| 4 | 85 BROAD STREET 10TH FLOOR | NEW YORK | NY | 10004 | $10,392 | Yes (X) | Yes (X) | |
| MOLLY A HIME | ||||||||
| 5 | 85 BROAD STREET 10TH FLOOR | NEW YORK | NY | 10004 | $7,060 | Yes (X) | ||
| PR Open LLC | ||||||||
| 6 | 100 CALLE DEL MUELLE | SAN JUAN | PR | 00901 | $7,500 | Yes (X) | ||
| HARLAND CLARKE | ||||||||
| 7 | Cantera Pkwy | San Antonio | TX | 78256 | $5,000 | Yes (X) | ||
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 3 | ContributorNum |
| Noncash Property | SERVICES PROVIDED BY POPULAR BANK EMPLOYEES | NoncashPropertyDesc |
| Fair Market Value | $88,000 | FairMarketValueAmt |
Depreciation Schedule DepreciationSchedule
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED LOSS - SECURITIES | Desc |
| Amt | $632,534 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| DONATED SERVICES | $88,000 | $88,000 |
| OTHER EXPENSES | $81 | $81 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | AUDIT FEES | CategoryTxt |
| Amt | $15,496 | Amt |
| Disbursements Charitable Prps | $15,496 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (5 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| SECRETARY OF STATE ILLINOIS | $125 | $125 |
| INTERNAL REVENUE SERVICE | $2,744 | $2,744 |
| NEW YORK STATE | $275 | $275 |
| CT RESIDENT AGENT | $182 | $182 |
| STATE OF FLORIDA | $50 | $50 |
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