POPULAR FOUNDATION INC: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- POPULAR FOUNDATION INC (EIN 47-4997597)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-11-10
- IRS object ID
- 202243149349101344
- Schema version
- 2021v4.2
- 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 Expenses Schedule
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-11-10T11:59:41-06:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | 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 | 2022-10-31 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | TrustedCustomerGrp |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $3,896,429 | 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 | $566,676 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $77,951 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $77,951 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $100,306 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $650,657 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $100,306 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $744,933 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $178,257 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $14,768 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Dsbrs Chrtbl | $14,768 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $2,656 | TaxesRevAndExpnssAmt |
| Taxes Dsbrs Chrtbl | $2,656 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $86,000 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $86,000 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $103,424 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $103,424 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $336,024 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $336,024 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $439,448 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $439,448 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $305,485 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $178,257 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $95,867 | CashBOYAmt |
| Cash EOY | $147,889 | CashEOYAmt |
| Cash EOYFMV | $147,889 | CashEOYFMVAmt |
| Acct Rcvbl | $9,014 | AcctRcvblAmt |
| Acct Rcvbl BOY | $11,132 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $9,014 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $9,014 | AcctRcvblEOYFMVAmt |
| Other Investments BOY | $3,225,273 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $3,739,526 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $3,739,526 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $3,332,272 | TotalAssetsBOYAmt |
| Total Assets EOY | $3,896,429 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $3,896,429 | TotalAssetsEOYFMVAmt |
| Grants Payable BOY | $434,742 | GrantsPayableBOYAmt |
| Grants Payable EOY | $279,207 | GrantsPayableEOYAmt |
| Total Liabilities BOY | $434,742 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $279,207 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $586,233 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $1,075,927 | NoDonorRstrNetAssestsEOYAmt |
| Donor Rstr Net Assets BOY | $2,311,297 | DonorRstrNetAssetsBOYAmt |
| Donor Rstr Net Assets EOY | $2,541,295 | DonorRstrNetAssetsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $2,897,530 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $3,617,222 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $3,332,272 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $3,896,429 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $2,897,530 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $305,485 | ExcessRevenueOverExpensesAmt |
| Other Increases | $414,207 | OtherIncreasesAmt |
| Subtotal | $3,617,222 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $3,617,222 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| SPY | P | 2015-04-07 | 2021-05-25 | $350,245 | $315,181 | $35,064 | $35,064 |
| SPY | P | 2015-04-07 | 2021-12-31 | $300,412 | $235,170 | $65,242 | $65,242 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $100,306 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $2,478 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $2,478 | SubtotalAmt |
| Tax Based On Investment Income | $2,478 | TaxBasedOnInvestmentIncomeAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $1,600 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $1,600 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $23 | EsPenaltyAmt |
| Tax Due | $901 | TaxDueAmt |
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 (8 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 |
| CATHY VUONG | ||||||||
| 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 |
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 | $3,482,400 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $121,877 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $10,072 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $3,614,349 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $3,614,349 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $54,215 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $3,560,134 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $178,007 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $178,007 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $2,478 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $2,478 | TotalTaxAmt |
| Distributable Before Adj | $175,529 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $175,529 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $175,529 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $439,448 | 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 | $439,448 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $175,529 | DistributableAsAdjustedAmt |
| Prior Year1 | 2019 | PriorYear1Yr |
| Prior Year2 | 2018 | PriorYear2Yr |
| Prior Year3 | 2017 | PriorYear3Yr |
| Excess Distribution Cyov Yr5 | $197,931 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $260,765 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $1,899,461 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $321,464 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $1,171,235 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $3,850,856 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $439,448 | QualifyingDistributionsAmt |
| Applied To Current Year | $175,529 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $263,919 | RemainingDistriFromCorpusAmt |
| Total Corpus | $4,114,775 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $197,931 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $3,916,844 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $260,765 | ExcessFromYear4Amt |
| Excess From Year3 | $1,899,461 | ExcessFromYear3Amt |
| Excess From Year2 | $321,464 | ExcessFromYear2Amt |
| Excess From Year1 | $1,171,235 | ExcessFromYear1Amt |
| Excess From Current Year | $263,919 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
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 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 (24 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|
| BOTTOMLESS CLOSET | |||||||
| 15 EAST 52ND STREET 15TH FLOOR | New York | NY | 10022 | PF | Upskill at Home virtual workshop series to support self sufficiency through financial management; professional development and digital literacy curriculum. | $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 businesses by providing trainings and ongoing technical assistance for their members. | $10,000 | |
| CENTER FOR FINANCIAL TRAINING INC | |||||||
| Miami Dade College | Miami | FL | 33132 | PF | Students-Teaching-Students: A Financial Literacy program. The program will target Miami-Dade College students and their families. The overall goal is to raise financial literacy awareness among low and moderate-income students. | $7,567 | 245 NE 4th Street Room 3704-10 |
| UNITED WAY OF MIAMI-DADE INC | |||||||
| The Ansin Building | Miami | FL | 331292712 | PF | UWMD's Center for Financial Stability (CFS) provides financial education and coaching; supporting vulnerable families and clients on their path to long-term financial stability and avoiding the pitfalls of financial crisis. | $7,567 | 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 of youth. It promotes educational and vocational success, cultivates the leadership skills of youth, and instills healthy behavior practices. | $5,000 | |
| LEGAL INFORMATION FOR FAMILIES TODAY | |||||||
| 32 Court Street Suite 1208 | Brooklyn | NY | 11201 | PF | LIFT's Family Law Education and Community Outreach Project responds to the great need for distance learning and online services. It primarily entails virtual legal clinics, webinars, and sharing of legal information and tools with the community. | $10,000 | |
| ASPIRE OF ILLINOIS | |||||||
| 9901 Derby Lane | Westchester | IL | 60154 | PF | Aspire's Careers Program provides customized, supportive employment services for people with disabilities by coupling job training, assistance with job placement, and on-the-job support with inclusive consulting services to advance workplace inclusion. | $10,000 | |
| JUNIOR ACHIEVEMENT MIAMI | |||||||
| 301 71st Second Floor | Miami Beach | FL | 33141 | PF | Empowering Youth: This project will support Junior Achievement's effort to provide financial literacy, workforce readiness, and entrepreneurship programs to over 33,000 K-12 grade students in South Florida. | $20,000 | |
| UNION SETTLEMENT ASSOCIATION INC | |||||||
| 237 East 104th Street | New York | NY | 10029 | PF | Union Settlement's College Readiness Program helps low income seniors at two high schools in New York City successfully navigate the college application process and gain admission to a college that matches their academic potential and career goals. | $5,000 | |
| JUNIOR ACHIEVEMENT OF NEW YORK | |||||||
| 420 Lexington Avenue Suite 205 | New York | NY | 10170 | PF | Financial Literacy program for K-12 Students | $15,000 | |
| VIOLENCE INTERVENTION PROGRAM INC | |||||||
| PO Box 1161 | New York | NY | 10035 | PF | Violence Intervention Program (VIP) Economic Justice Program empowers immigrant, Latin survivors of domestic and sexual violence to achieve financial independence by providing financial literacy training and small business development. | $10,000 | |
| BRONX WORKS INC | |||||||
| 60 East Tremont Avenue | Bronx | NY | 10453 | PF | Based at the Bronx Works Carolyn McLaughlin Community Center (CMCC) at 1130 Grand Concourse, the Bronx Works Center for Achieve Future Education (CAF) offers workshops and one-on-one counseling to help youth and their parents with the transition. | $10,000 | |
| CHAPMAN PARTNERSHIP INC | |||||||
| 1550 North Miami Avenue | Miami | FL | 331362015 | PF | The Workforce Trades Program/WTP is a short-term apprenticeship whereby participants age 18 and above earn nationally recognized certifications in industries that pay a living wage, provide advancement opportunities, and are resistant to COVID layoffs. COVID layoffs. | $7,567 | 2nd Floor Administrative |
| KINGSBRIDGE HEIGHTS COMMUNITY CENTER INC | |||||||
| 3101 Kingsbridge Terrace | Bronx | NY | 10463 | PF | KHCC is requesting funding for its Teen Center youth development programming; during a unique and troubling period of school disconnection; family isolation and emotional turbulence among many neighborhood youth. turbulence among many neighborhood youth. | $7,000 | |
| FRESH YOUTH INITIATIVES INC | |||||||
| 505 West 171st Street | New York | NY | 10032 | PF | The Welcome Program assists 310 low-income, immigrant and first-generation children to strengthen their academic and social-emotional skills. Welcome is addressing children's urgent developmental and academic lags resulting from COVID. | $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 County, NJ. | $8,058 | |
| NETWORK FOR TEACHING ENTREPRENEURSHIP | |||||||
| 300 NE 2nd Ave Suite 8501 | Miami | FL | 33132 | PF | NFTE's Aspiring Entrepreneurs Program (AEP), is an intensive experiential program for youth from Miami Dade's low-income communities. | $7,567 | |
| CENTRO CIVICO DOMINICANO | |||||||
| 619 West 145th Street | New York | NY | 10031 | PF | CCCD Knowledge is Power: Over the years, CCCD's monthly Financial and Legal workshops has been able to successfully impact and educate the community and encourage individuals to involve and advance in society, be part of the system, and to be informed. | $5,000 | |
| ASCENDUS INC | |||||||
| 80 Maiden Lane Suite 901 | New York | NY | 10038 | PF | Miami-Dade Small Business Lending and Education Program will provide 800 businesses with education resources tailored to the COVID-19 pandemic, of which 160 will receive over $2MM to stay in business and position themselves for economic recovery. | $7,567 | |
| THELMA GIBSON HEALTH INITIATIVE | |||||||
| 3634 Grand Ave | Miami | FL | 33133 | PF | To help clients complete fiscal, job training & work placement in home healthcare industry & to identify/recruit at-risk seniors to match as potential caregivers/caretaker partners. These partnerships will maximize all participants' quality of life. | $22,000 | |
| 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 8,300 underserved children throughout Essex County with the help of more than 4,400 volunteers. | $10,000 | |
| VERIZON | |||||||
| 1095 AVE OF THE AMERICA | NEW YORK | NY | 10036 | VERIZON GRANT MADE TO POPULAR FOUNDATION AND WAS DONATED TO PR CENTRO DE ARTES Y TECNOLOGOGIA (PRCAT) | $100,000 | ||
| PR OPEN | |||||||
| 100 CALLE DEL MUELLE | SAN JUAN | PR | 00901 | PR OPEN GRANT MADE TO POPULAR FOUNDATION WAS DONATED TO FUNDACION BANCO POPULAR. | $25,000 | ||
| ADJUSTMENT PRESENT VALUE OF GRANT | |||||||
| 85 BROAD STREET 10TH FLOOR | NEW YORK | NY | 10004 | ADJUSTMENT PRESENT VALUE OF GRANT | $8,131 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $336,024 | 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 | $77,951 | 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 | $100,306 | 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 | $178,257 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $178,257 | 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 (6 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 | $249,731 | 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 | $86,000 | Yes (X) | ||
| MANUEL CHINEA | ||||||||
| 4 | 85 BROAD STREET 10TH FLOOR | NEW YORK | NY | 10004 | $16,147 | Yes (X) | Yes (X) | |
| MOLLY A HIME | ||||||||
| 5 | 85 BROAD STREET 10TH FLOOR | NEW YORK | NY | 10004 | $6,274 | Yes (X) | ||
| PR Open LLC | ||||||||
| 6 | 100 CALLE DEL MUELLE | SAN JUAN | PR | 00901 | $25,000 | Yes (X) | ||
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 3 | ContributorNum |
| Noncash Property | SERVOCES PROVIDED BY POPULAR BANK EMPLOYEES | NoncashPropertyDesc |
| Fair Market Value | $86,000 | FairMarketValueAmt |
Depreciation Schedule DepreciationSchedule
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DONATED SERVICES | Desc |
| Revenue And Expenses Per Books | $86,000 | RevenueAndExpensesPerBooksAmt |
| Disbursements Charitable Prps | $86,000 | DisbursementsCharitablePrpsAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN ON SALE OF SECURITIES | Desc |
| Amt | $414,207 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | AUDIT FEES - BKD CPA'S ADVISOR | CategoryTxt |
| Amt | $14,768 | Amt |
| Disbursements Charitable Prps | $14,768 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (7 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| SECRETARY OF STATE ILLINOIS | $10 | $10 |
| ILLINOIS CHARITY BUREAU | $15 | $15 |
| NEW JERSEY INCOME TAX | $175 | $175 |
| CT RESIDENT AGENT | $182 | $182 |
| DEPARTMENT OF LAW | $275 | $275 |
| TREASURY DEPARTMENT | $390 | $390 |
| OTHER TAXES | $1,609 | $1,609 |
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