Puerto Rico Conservation Trust
- Assets
- $612.5m
- Revenue
- $22.8m
- Investments
- $0.0
- Employees
- 0
- Location
- San Juan, PR
- Founding
- 12/1969
- Data as of
- 12/2022
- EIN
- 66-0288581
Organization Overview
Puerto Rico Conservation Trust is located in San Juan, PR. The organization was established in 1969. According to its NTEE Classification (C30) the organization is classified as: Natural Resources Conservation & Protection, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Puerto Rico Conservation Trust is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Puerto Rico Conservation Trust generated $22.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (6.8%) each year. All expenses for the organization totaled $42.3m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Puerto Rico Conservation Trust has awarded 42 individual grants totaling $2,295,057. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROTECT AND ENHANCE THE NATURAL RESOURCES OF PUERTO RICO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROTECT AND ENHANCE THE NATURAL RESOURCES OF PUERTO RICO AND TO PERFORM THE FUNCTIONS OF THE UNITED STATES AND PUERTO RICO IN THE AREA OF CONSERVATION. TO DEVELOP PROGRAMS AIMED AT EDUCATING THE PUBLIC ABOUT ENVIRONMENTAL ISSUES AND THE NEED TO PROTECT AND CONSERVE NATURAL RESOURCES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Trustee | Trustee | 5 | $0 |
Name Not Listed Trustee | Trustee | 5 | $0 |
Name Not Listed Trustee | Trustee | 5 | $0 |
Name Not Listed Executive Director | Officer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $4,191 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,855,155 |
| Noncash contributions included in lines 1a–1f | $22,100 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,859,346 |
| Total Program Service Revenue | $0 |
| Investment income | $21,712,844 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$5,817,187 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $22,841,169 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $609,242 |
| Grants and other assistance to domestic individuals. | $10,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $491,182 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $15,000 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $13,902,810 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,097,237 |
| Insurance | $44,838 |
| All other expenses | $0 |
| Total functional expenses | $42,304,928 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,251,888 |
| Savings and temporary cash investments | $10,870,946 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $40,120 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $6,841,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $41,451 |
| Net Land, buildings, and equipment | $141,062,762 |
| Investments—publicly traded securities | $437,040,391 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $5,342,100 |
| Other assets | $6,015,720 |
| Total assets | $612,506,378 |
| Accounts payable and accrued expenses | $16,012,369 |
| Grants payable | $0 |
| Deferred revenue | $240,156 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $208,040,998 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $224,293,523 |
| Net assets without donor restrictions | $106,771,730 |
| Net assets with donor restrictions | $281,441,125 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $612,506,378 |
Grants Awarded
Over the last fiscal year, Puerto Rico Conservation Trust has awarded $588,591 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
CUERPO CLIMATICO PURPOSE: To provide operational support to the climate corps of Puerto Rico | $141,105 |
FID DE LA TIERRA DEL CAO MARTIN PEA PURPOSE: To support the youth of Cano Martin Pena and rainwater harvesting strategies | $10,423 |
HASER PURPOSE: This grant will provide funds for the purchase of produce (fruits and vegetables) from a collective of 10-15 agro ecological area farmers which will then be distributed to two nonprofit organizations in the Aibonito Community: Casa Pensamiento de Mujer del CentroIncand Centro de Envejecientes del Campito | $14,600 |
HAPPY SONSHIP PURPOSE: This grant will provide funds tocomplete a farm- wide solar energy system which will power all of the foundation's structures, the community kitchen and the farm; for building greenhouse, upgrading of irrigation system, acquisition of farming equipment, seeds and fruit trees and stipend for farm hands | $39,895 |
FUNDACION UNIDOS PARA SERVIR PURPOSE: To support the construction and completion of their industrial community kitchen | $68,600 |
EDUQUEMOS PARA LA VIDA PURPOSE: For the purchase of 1000 hens and feed for such. This grant is to help the farmers at Finca Pastoreo (FP) replace some of the over 4800 hens they lost in the Fiona Floods. FP provides community outreach, craft training, educational programs and apprenticeships in their unique area of expertise (local production of healthy / organic eggs, pork, goat and cattle meat products). | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Puerto Rico Conservation Trust San Juan, PR | $612,506,378 | $22,841,169 |
Corporation For The Conservation Of The San Juan Bay Estuary San Juan, PR | $981,393 | $1,999,204 |
Plenitud Iniciativas Ecoeducativas Inc Las Marias, PR | $1,233,283 | $1,455,595 |
The Vieques Conservation And Historical Trust Inc Vieques, PR | $702,378 | $668,378 |
Scuba Dogs Society Inc San Juan, PR | $107,582 | $279,697 |
Mesa Multisectorial Del Bosque Modelo De Pr Inc Arecibo, PR | $17,853 | $0 |
Sail For Reefs Inc San Juan, PR | $93,859 | $0 |
Coralations Inc Culebra, PR | $13,392 | $0 |
Coral Nursery Of Puerto Rico Inc Humacao, PR | $198,061 | $196,297 |
Escambron Conservancy Inc San Juan, PR | $48,219 | $0 |
Caribbean Regenerative Community Development Sabana Grande, PR | $0 | $0 |