Ricardo Puente Family Foundation Inc
- Assets
- $2.1m
- Revenue
- $62.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Pinecrest, FL
- Founding
- 01/2010
- Data as of
- 12/2022
- EIN
- 27-1181187
Organization Overview
Ricardo Puente Family Foundation Inc is located in Pinecrest, FL. The organization was established in 2010. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ricardo Puente Family Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2016, Ricardo Puente Family Foundation Inc has awarded 58 individual grants totaling $1,492,701. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
DIABETES RESEARCH INSTITUTE - PROVIDE CONTINUING SUPPORT TO THE DIABETES RESEARCH INSTITUTE FOUNDATION, IN THEIR EFFORT TO MAKE A REAL DIFFERENCE IN THE LIVES OF ALL CHILDREN AND ADULTS LIVING WITH DIABETES.
UNIVERSITY OF MIAMI LEONARD M MILLER SCHOOL OF MEDICINE - SUPPORT CONTINUED SUCCESS IN TEACHING NEW GENERATIONS OF PHYSICIANS, LEADING THE WAY IN THE QUEST FOR MEDICAL KNOWLEDGE, AND PROVIDING OUTSTANDING PATIENT CARE.
ILAC FOUNDATION - FOUNDATIONS GOAL IS TO OBTAIN, COLLECT, AND MANAGE RESOURCES TO FINANCIALLY SUPPORT HEALTH, EDUCATION, AGRICULTURE AND SPIRITUAL PROGRAMS AS WELL AS OTHER ACTIVITIES BEING CONDUCTED IN THE RURAL AREAS OF THE DOMINICAN REPUBLIC.
MAKE-A-WISH FOUNDATION - INSPIRE TO GRANT LIFE-CHANGING WISHES FOR CHILDREN GOING THROUGH SO MUCH. IT COMPELS US TO BE CREATIVE IN EXCEEDING THE EXPECTATIONS OF EVERY WISH KID. IT DRIVES US TO MAKE OUR DONATED RESOURCES GO AS FAR AS POSSIBLE. MOST OF ALL, IT'S THE FOUNDING PRINCIPLE OF OUR VISION TO GRANT THE WISH OF EVERY ELIGIBLE CHILD TOGETHER, WE CREATE LIFE-CHANGING WISHES FOR CHILDREN WITH CRITICAL ILLNESSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ricardo Puente President/ D | 0 | $0 | |
Martha E Puente Director | 0 | $0 | |
Lisa Paz V. President | 0 | $0 | |
Armando Paz Director | 0 | $0 | |
Ricardo Puente Jr Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5 |
| Dividends & Interest | $48,073 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $14,823 |
| Capital Gain Net Income | $688 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $40 |
| Total Revenue | $62,941 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,510 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $33,759 |
| Total operating and administrative expenses | $56,873 |
| Contributions, gifts, grants paid | $231,667 |
| Total expenses and disbursements | $288,540 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,115,905 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,115,905 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $505,836 |
| Total liabilities | $505,836 |
Grants Awarded
Over the last fiscal year, Ricardo Puente Family Foundation Inc has awarded $231,667 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
CENTRO MATER CHILD CARE SERVICES PURPOSE: CHILD CARE SERVICES | $10,000 |
DIABETES RESEARCH INSTITU PURPOSE: RESEARCH FUNDING | $100,000 |
ILAC PURPOSE: TECHNOLOGY HARDWARE & SOFTWARE SURG | $40,000 |
MAKE A WISH FOUNDATION PURPOSE: HELP CHILDREN WITH LIFE THREATENING | $16,667 |
RETTSYNDROMEORG PURPOSE: TRIAL TESTING MEDICINES FOR RETT SYN | $5,000 |
MD ANDERSON CANCER CENTER PURPOSE: CANCER TREATMENT RESEARCH | $10,000 |