POPULAR FOUNDATION INC: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- POPULAR FOUNDATION INC (EIN 47-4997597)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-05
- IRS object ID
- 202533099349100748
- Schema version
- 2024v5.2
- 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
- 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 | 2025-11-05T14:43:27-06:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | 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 | 2025-11-05 | SignatureDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $4,486,015 | 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 | $547,364 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $143,659 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $143,659 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $213,707 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,234,759 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $213,707 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $904,730 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $357,366 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $17,850 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Dsbrs Chrtbl | $17,850 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $2,531 | TaxesRevAndExpnssAmt |
| Taxes Dsbrs Chrtbl | $2,531 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $104,204 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $104,204 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $124,585 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $124,585 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $446,353 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $446,353 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $570,938 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $570,938 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $333,792 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $357,366 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $113,468 | CashBOYAmt |
| Cash EOY | $182,737 | CashEOYAmt |
| Cash EOYFMV | $182,737 | CashEOYFMVAmt |
| Acct Rcvbl | $43,809 | AcctRcvblAmt |
| Acct Rcvbl BOY | $14,500 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $43,809 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $43,809 | AcctRcvblEOYFMVAmt |
| Other Investments BOY | $3,790,750 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $4,259,469 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $4,259,469 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $3,918,718 | TotalAssetsBOYAmt |
| Total Assets EOY | $4,486,015 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $4,486,015 | TotalAssetsEOYFMVAmt |
| Grants Payable BOY | $55,000 | GrantsPayableBOYAmt |
| Grants Payable EOY | $13,500 | GrantsPayableEOYAmt |
| Total Liabilities BOY | $55,000 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $13,500 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $1,329,705 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $1,740,014 | NoDonorRstrNetAssestsEOYAmt |
| Donor Rstr Net Assets BOY | $2,534,013 | DonorRstrNetAssetsBOYAmt |
| Donor Rstr Net Assets EOY | $2,732,501 | DonorRstrNetAssetsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $3,863,718 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $4,472,515 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $3,918,718 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $4,486,015 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $3,863,718 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $333,792 | ExcessRevenueOverExpensesAmt |
| Other Increases | $275,005 | OtherIncreasesAmt |
| Subtotal | $4,472,515 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $4,472,515 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| SPY | 2024-12-16 | $1,001,819 | $789,014 | $212,805 | $212,805 |
| INVESCO PREFERRED EFT | 2024-12-31 | $232,940 | $232,038 | $902 | $902 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $213,707 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $4,967 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $4,967 | SubtotalAmt |
| Tax Based On Investment Income | $4,967 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,600 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Total Payments And Credits | $1,600 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $43 | EsPenaltyAmt |
| Tax Due | $3,410 | 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 | 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 | Address Line2USAddress/AddressLine2Txt | 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 | |||||||||
| 208 Ponce de Leon Avenue | Popular Center Building 3rd Floor | San Juan | PR | 00918 | CHAIRMAN, DIRECTOR | 1.0 | $0 | $0 | $0 |
| MANUEL CHINEA | |||||||||
| 85 BROAD STREET 10TH FLOOR | NEW YORK | NY | 10004 | VICE CHAIRMAN, DIRECTOR | 1.0 | $0 | $0 | $0 | |
| BEATRIZ POLHAMUS | |||||||||
| 167 PONCE DE LEON AVE HATO REY | SAN JUAN | PR | 00917 | EXECUTIVE DIRECTOR, DIRECTOR | 1.0 | $0 | $0 | $0 | |
| EDUARDO J NEGRON | |||||||||
| 208 Ponce de Leon Avenue | Popular Center Building 3rd Floor | San Juan | PR | 00918 | TREASURER, DIRECTOR | 1.0 | $0 | $0 | $0 |
| IGNACIO ALVAREZ ZATARAIN | |||||||||
| 208 Ponce de Leon Avenue | Popular Center Building 3rd Floor | San Juan | PR | 00918 | DIRECTOR | 1.0 | $0 | $0 | $0 |
| JAVIER D FERRER | |||||||||
| 208 Ponce de Leon Avenue | Popular Center Building 3rd Floor | San Juan | PR | 00918 | 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 | |||||||||
| 7900 MIAMI LAKES DRIVE | WEST MIAMI LAKES | FL | 33016 | 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 | $4,025,110 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $148,103 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $29,155 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $4,202,368 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $4,202,368 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $63,036 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $4,139,332 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $206,967 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $206,967 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $4,967 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $4,967 | TotalTaxAmt |
| Distributable Before Adj | $202,000 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $202,000 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $202,000 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $570,938 | 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 | $570,938 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $202,000 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2022 | PriorYear1Yr |
| Prior Year2 | 2021 | PriorYear2Yr |
| Prior Year3 | 2020 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $321,464 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $1,171,235 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $263,919 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $372,728 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $384,821 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $2,514,167 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $570,938 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $202,000 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $368,938 | RemainingDistriFromCorpusAmt |
| Total Corpus | $2,883,105 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $321,464 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $2,561,641 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $1,171,235 | ExcessFromYear4Amt |
| Excess From Year3 | $263,919 | ExcessFromYear3Amt |
| Excess From Year2 | $372,728 | ExcessFromYear2Amt |
| Excess From Year1 | $384,821 | ExcessFromYear1Amt |
| Excess From Current Year | $368,938 | 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 (44 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 | The Upskill at Home program offers a workshop curriculum that empowers disadvantaged New York City women to become self-sufficient. | $10,000 | |
| NORTHERN MANHATTAN IMPROVEMENT CORPORATION | |||||||
| 45 WADSWORTH AVENUE | New York | NY | 10033 | PF | NMIC's Train & Earn program has served approximately 450 young people ages 16 to 24 who are out of work and out of school, providing them with employment placement and retention services, as well as case management support for at least a year after training completion. | $10,000 | |
| CENTER FOR FINANCIAL TRAINING INC | |||||||
| Miami Dade College | Miami | FL | 33132 | PF | Students-Teaching-Students: A Financial Literacy Program will target Miami Dade College students and their families. The overall goal is to raise financial literacy awareness among LMI students. | $10,000 | 245 NE 4th Street Room 3704-10 |
| WOMEN'S HOUSING AND ECONOMIC DEVELOPMENT CORPORATI | |||||||
| 50 East 168 Street | Bronx | NY | 10452 | PF | WHEDco's Education and Youth Development Programs help young people develop fundamental competencies and individual talents and interests that underpin their life-long path to success. | $10,000 | |
| JUNIOR ACHIEVEMENT OF NEW YORK | |||||||
| 200 West 41st Street - Suite 800 | New York | NY | 10036 | PF | Inspiring K-12 Learners for Greater Financial Literacy and Empowerment teaches equips students with foundational personal finance skills. | $15,000 | |
| VIOLENCE INTERVENTION PROGRAM INC | |||||||
| PO Box 1161 | New York | NY | 10035 | PF | VIP's Economic Justice Program (EJP) empowers immigrant, Latinx survivors of domestic and sexual violence to achieve financial independence by providing culturally specific 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) is Chapman Partnership's frontline effort at enabling and equipping unemployed or underemployed individuals experiencing homelessness, primarily Hispanic/Latino and Black, Indigenous and People of Color (BIPOC), with the tools and resources needed to upskill and/or reskill their experience to prepare them for economic mobility and improve their pathway toward independence. | $16,147 | 2nd Floor Administrative |
| KINGSBRIDGE HEIGHTS COMMUNITY CENTER INC | |||||||
| 3101 Kingsbridge Terrace | Bronx | NY | 10463 | PF | TheTeen Center & College Directions Program (TC & CDP) is a youth development program that provides low-income Bronx adolescents, ages 11-21, with safe, supportive environments to learn, grow, and socialize during the risky afterschool hours. | $10,000 | |
| FRESH YOUTH INITIATIVES INC | |||||||
| 505 West 171st Street | New York | NY | 10032 | PF | The Welcome Program provides additional learning afterschool and summer programs for 140 low income, immigrant, and first-generation children in Kindergarten through 5th grade. Participants receive 780 additional hours of extra learning and enrichment time during the year. | $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 to adults in Hudson and Union Counties in NJ. | $10,000 | |
| NETWORK FOR TEACHING ENTREPRENEURSHIP | |||||||
| 360 NW 27th Street | Miami | FL | 33127 | PF | Aspiring Entrepreneurs Program (AEP) is a comprehensive pathway that includes NFTE's programs held during in-school and out-of-school time. It aims to inspire students to pursue their dreams for future careers and small business startups. | $13,000 | |
| THELMA GIBSON HEALTH INITIATIVE | |||||||
| 3634 Grand Avenue | Miami | FL | 33133 | PF | From Home Isolation to Community Integration Seniors Program provides counseling, social service support, and substance use services to seniors (55+) residing in both public housing and the community at large. | $31,000 | |
| NATIONAL COUNCIL OF JEWISH WOMEN INC | |||||||
| 70 S Orange Ave Suite 120 | Livingston | NJ | 07039 | PF | NCJW/Essex 2025 Back 2 School Store empowers children in financial need by providing new, free of charge essential school items, so they are well-prepared to focus on learning and succeed in school. | $10,000 | |
| JUNIOR ACHIEVEMENT MIAMI | |||||||
| 2124 NE 123 Street Suite 206 | North Miami Florida | FL | 33181 | PF | JA in a Day is a unique Junior Achievement program designed to foster collaboration between accomplished business volunteers and elementary schools. | $25,000 | |
| AUTISM HERO PROJECT | |||||||
| 2612 Pond View Drive | Algonquin | IL | 60102 | #HeroesUnite: focuses on equipping first responders with the knowledge and skills necessary to recognize and effectively respond to individuals with autism during emergency situations. | $14,649 | ||
| BROOKLYN BUREAU OF COMMUNITY SERVICE | |||||||
| 151 Lawrence St 4th Floor | Brooklyn | NY | 11201 | Provides a great free resource for families. The Education Programming uses evidence-based creative curriculum to ensure the whole family is engaged in children's wellbeing and school readiness. The requested funds were destined to purchase program supplies for BCS' after-school educational programming. | $10,000 | ||
| CREO COLLEGE PREPARATORY CHARTER SCHOOL | |||||||
| 524 Courtlandt Ave | Bronx | NY | 10451 | College Access for All grant funds are used to bring all 8th graders to an out-of-state college visit and to stay on campus overnight. | $20,000 | ||
| FAMILY LEGAL CARE | |||||||
| 55 Broadway Suite 2002 | New York | NY | 10006 | PF | Family Legal Care's Family Law Education and Community Outreach Program works with local service providers to present in-person and virtual legal clinics and webinars.They also share legal information, tools, and other legal resources in the community. | $10,000 | |
| LATINAS ON THE VERGE OF EXCELLENCE - LOVE INC | |||||||
| 23-90 29th Street 2 | Queens | NY | 11105 | PF | The L.O.V.E. Mentoring Program serves as a preventative and motivational program that emboldens young women to believe in themselves and in their self-worth, and in the ability to achieve their ambitious goals. | $10,000 | |
| SEARCH AND CARE INC | |||||||
| 207 E 94TH Street Mezzanine | New York | NY | 10128 | PF | Money Matters program is an innovative service aimed at providing financial guidance and literacy education to meaningfully improve the financial wellbeing of vulnerable and underserved clients. | $7,500 | |
| CRISTO REY NEW YORK HIGH SCHOOL | |||||||
| 112 E 106TH | NEW YORK | NY | 10029 | The Corporate Work Study Program sponsors a core of four students who go to school on a four-day study schedule and then on the fifth day they go to 85 Broad in order to graduate from high school with work experience. | $30,000 | ||
| CRISTO REY MIAMI HIGH SCHOOL | |||||||
| 125 NE 119th St | North Miami | FL | 33161 | PF | The integrated educational and work model of Cristo Rey Miami empowers students to acquire practical experience, develop essential skills, and forge successful career paths. | $25,000 | |
| JUSTICE FOR FAMILIES | |||||||
| 2090 Honeywell Ave | Bronx | NY | 10460 | PF | J4F Financial Literacy Workshop Series is a 10-week financial literacy course serving 15-20 participants. The course will include weekly three-hour sessions facilitated by financial professionals with high levels of cultural competence and shared background/lived experiences that allow them to develop trust and connect with program participants. | $10,000 | |
| RESOLUTION PROJECT INC | |||||||
| 370 Lexington Avenue Room 300 | New York City | NY | 10017 | PF | Resolution Fellowship ensures young people have pathways to become community leaders. | $20,000 | |
| TANDEM FAMILY | |||||||
| 4105 Chicago Ave | Minneapolis | MN | 55407 | PF | The Stabilize, Strengthen and Thrive Program offers therapy, life skills education, and coaching. | $5,332 | |
| ASCENDUS INC | |||||||
| 80 Maiden Lane Suite 903 | New York | NY | 10038 | PF | Ascendus's 2024 Miami Small Business Lending and Financial Education Program will provide 1,000 entrepreneurs with one-on-one and group-based financial education opportunities. | $10,000 | |
| CHILDREN OF THE CITY | |||||||
| 740 40th Street | Brooklyn | NY | 11232 | PF | Create Success is a multiservice academic enrichment program that runs year round with a high priority placed on students' educational success. | $4,600 | |
| EAST HARLEM TUTORIAL PROGRAM | |||||||
| 2050 Second Ave | New York | NY | 10029 | PF | EHTP's Out-of-School Time Program seeks to improve the educational and career outcomes in East Harlem where 25 percent of residents do not graduate high school. | $4,600 | |
| FOCUS HISPANIC CENTER FOR COMMUNITY DEVELOPMENT I | |||||||
| 443 Broad St | New York | NY | 07102 | PF | Youth Development Program will complement the regular school day's academic learning. The goal is to provide high-quality educational and enrichment program that will enable students to improve academic achievement and promote positive behavior and appropriate social interaction with peers and adults. | $4,600 | |
| HARLEM GROWN | |||||||
| 127 W 127th Street | New York City | NY | 10027 | PF | Harlem Grown Youth Educational Programming utilizes urban farms as living classrooms, to deliver hands-on, culturally responsive lessons. Through seven school partnerships, Harlem Grown educators engage students in cooking demos, plant identification, and sustainable agriculture practices. | $3,875 | The Annex |
| HOUSING PARTNERSHIP DEVELOPMENT CORP | |||||||
| 253 West 35th Street | New York City | NY | 10001 | PF | Homeownership Education & Counseling creates economic opportunity and promoting stable and thriving neighborhoods. | $4,600 | 3rd Floor |
| HUMANITY ALLIANCE | |||||||
| 7600 Victoria Drive | Victoria | MN | 55386 | PF | The Soup Starter program expands the healthy, good-for-you choices available to weekend meal recipients. Now in addition to our weekend meals, will provide a healthy choice to other food shelf programs. | $5,000 | |
| JUNIOR ACHIEVEMENT OF NEW JERSEY | |||||||
| 360 Pear Blossom Drive | Edison | NJ | 08837 | PF | Supporting & Preparing mentors students for their futures through career exploration, readiness, and financial literacy. | $4,600 | |
| MARGARET COMMUNITY CORPORATION | |||||||
| 325 Beach 37th Street | Far Rockaway | NY | 11691 | PF | MCC Homebuyer Education Program is designed to equip potential homebuyers with the knowledge and skills necessary to navigate the homebuying process successfully. | $4,600 | |
| MINNESOTA ADULT & TEEN CHALLENGE | |||||||
| 740 E 24th St | Minneapolis | MN | 55404 | PF | Aftercare Programs at Minnesota Adult & Teen Challenge aims to successfully transition clients from treatment to everyday life, building confidence in their abilities and empowering healthy and productive relationships within their communities. | $10,000 | |
| NHSNYC | |||||||
| 306 West 37th StreetSuite 1101 | New York | NY | 10018 | PF | NHSNYC's Affordable Homeownership Program commitment is to bridge the financial and educational gap for low- and moderate-income families and foster inclusive, affordable homeownership opportunities across New York City, thereby creating more equitable and resilient communities. | $4,600 | |
| NEIGHBORHOOD HOUSING SERVICES OF QUEENS | |||||||
| 60-20 Woodside Avenue | Woodside | NY | 11377 | PF | Building Financial Freedom Program will be delivered through a combination of in-person workshops, virtual seminars, and individual financial coaching sessions, allowing participants to learn at their own pace. Bilingual sessions will be offered. | $2,500 | |
| NEW AGE PREP | |||||||
| 3333 Broadway Apt e2d | New York | NY | 10031 | PF | Spanish Harlem After School Program specifically targets preparation for the Specialized High School Admissions Test (SHSAT) and the Secondary School Admission Test (SSAT), which are crucial for entry into specialized public high schools and prestigious private schools, respectively. | $4,600 | |
| NEW COMMUNITY CORPORATION | |||||||
| 233 West Market St | Newark | NJ | 071032713 | PF | The Family Resource Success Center (FRSC) aims to contribute to community development by establishing linkages to resources that help residents, families, and the community improve their quality of life. | $4,600 | |
| NEW JERSEY CITIZEN ACTION | |||||||
| The Hahnes Building | Newark | NJ | 07102 | PF | NJCAEF's 2024 Housing Counseling and Homebuyer Education and Outreach Project seeks to increase the housing security and financial capability of at least 2,500 low- and moderate-income (LMI) New Jerseyans across the state, promoting access to safe and affordable housing and affordable homeownership opportunities. | $4,600 | 625 Broad Street Suite 270 |
| NEW YORK CARES | |||||||
| 39 Broadway27th Floor | New York | NY | 10006 | PF | New York Cares' goal is to close the academic achievement gap for low-income elementary and middle school students (ages 4-13) and provide tools for academic success into adulthood. | $3,875 | |
| RAIN INC | |||||||
| 811 Morris Park Avenue | Bronx | NY | 10462 | PF | CucinaDolores Mobile Kitchen is designed to address the urgent need for nutritious meals among Bronx residents. | $3,875 | |
| ST JOSEPH SOCIAL SERVICE CENTER | |||||||
| 118 Division Street | Elizabeth | NJ | 07201 | PF | Adult Learning Center continues expanding the number and levels of free English language classes, the availability of in-person and online computer basic skills classes, the guided help for GED test preparation, resume writing, job search assistance and professional skills training. | $4,600 | |
| FUNDACION BANCO POPULAR | |||||||
| PO Box 71563 | San Juan | PR | 009368663 | GRANT WAS RECEIVED FROM PROFESSIONAL GOLF ASSOCIATION AND WAS PASSED THROUGH PF, Inc. | $6,000 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $446,353 | 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 | $143,659 | 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 | $213,707 | 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 | $357,366 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $357,366 | 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 (3 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 | $317,303 | 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 | $18,980 | 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 | $4,259,469 | BookValueAmt |
| EOYFMV | $4,259,469 | 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 | $204 | $204 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN - SECURITIES | Desc |
| Amt | $275,005 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | AUDIT FEES | CategoryTxt |
| Amt | $17,850 | Amt |
| Disbursements Charitable Prps | $17,850 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (6 entries)
| CategoryCategoryTxt | AmtAmt |
|---|---|
| SECRETARY OF STATE ILLINOIS | $110 |
| INTERNAL REVENUE SERVICE | $1,600 |
| NEW YORK STATE | $275 |
| CT RESIDENT AGENT | $195 |
| STATE OF FLORIDA | $50 |
| NIC SERVICE DEPT OF AGRICULTUR | $301 |
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