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Thanks to Private Equity for Puerto Rico (PE for PR)
for raising almost $1 million for our Island!

To learn more about this effort click here

 

FOUNDATION FOR PUERTO RICO URGES DONORS TO HELP OUR ISLAND’S PARADISE

To see other donation options click here

 

Foundation for Puerto Rico spearheads private sector relief and recovery efforts 

 

SAN JUAN, PUERTO RICO (October 2, 2017) –  Foundation for Puerto Rico (“FPR”), one of the largest endowed public charities in Puerto Rico, is currently fully dedicated to relief, recovery and rebuilding efforts on the Island which was devastated by Hurricane Maria. FPR appeals to private, corporate, community and family foundations, corporations, charitable organizations and individual donors to help the more than three million U.S. citizens in Puerto Rico and will partner with Puerto Rican private sector leaders in the redesign and rebuilding of our Caribbean Island Paradise.

FPR’s Hurricane María Relief Fund is already deploying funds to bring immediate relief, providing food, water and basic needs directly to people with urgent needs. The Fund will also provide recovery assistance with a focus on sustaining small businesses that serve as frontline resource centers and are the economic backbone of Puerto Rican communities, and the restoration of Puerto Rico’s magnificent natural resources essential for economic development and the sustainability of our society. In addition, the Fund will help shape key, high-impact initiatives that will drive the long-term economic viability and success of Puerto Rico.   The goal of the Fund is to aggregate and invest or earmark significant financial resources by the end of 2017.

“The need is urgent. Foundation for Puerto Rico is expanding its capabilities and working closely with the private sector and local community-based organizations to assess needs and deliver relief and support at this moment,” said Jon Borschow, founder of Foundation for Puerto Rico. “We will be an agile and trustworthy local partner for donors of all types to reliably channel their resources. Our Foundation has its own endowed resources, so donations will be used exclusively for efforts related to relief, recovery and rebuilding.” The Borschow Family Foundation will seed the Hurricane Maria Relief Fund with a $100,000 donation.

FPR has opened the doors of its co-working space, Colaboratorio at Ciudadela in San Juan, which is equipped with Wi-Fi, electricity, water, and action-oriented individuals and organizations with expertise and access to resources in the areas of food and fuel logistics, telecommunications networks, public health and disaster relief and recovery.

Given the current logistical challenges of receiving and distributing supplies, financial donations are the most effective means of support at this time.  Donations can be made directly to the Foundation for Puerto Rico by clicking here.

 


About Foundation for Puerto Rico

Foundation for Puerto Rico (FPR) is a 501(c)(3) local non-profit incorporated in 2011 with over 15 employees. FPR’s mission is to transform Puerto Rico into a premier destination for the world by developing and implementing sustainable strategies that drive the visitor economy in the island. Due to the devastating impact hurricane María had in Puerto Rico, we are shifting our usual work duties to focus on relief efforts that will boost the recovery of our island and help those in need. For the time being, our work will focus on rebuilding the island. Once this has been accomplished, we will shift back to our usual work efforts of strengthening our economy through the visitor economy.

 

 

Other ways to support Puerto Rico and people in need:

Banco Popular – Wire Transfer

Bank Name: Banco Popular de Puerto Rico

Bank Address: 209 Ponce de León, Ave Popular Center Building, 6th floor, San Juan, PR 00918

Customer Name: FOUNDATION FOR PUERTO RICO INC

Account #: 030844649

WIRE R/T: 02150201

SWIFT: BPPRPRSX

Memo: FPR’s Hurricane María Fund Relief

 

Banco Popular – ACH Deposit

Bank Name: Banco Popular de Puerto Rico

ABA #: 02150201

Account Name: FOUNDATION FOR PUERTO RICO INC

Account #: 030844649

Addenda: FPR’s Hurricane María Fund Relief

 

Morgan Stanley – Wire Transfer

Bank Name: Citibank N.A.

ABA #: 021000089

FBO Morgan Stanley Smith Barney LLC

Beneficiary Account #: 406172

For Further Credit to: Foundation for Puerto Rico

Account #: 654-071839-345

Address: 399 Park Avenue

New York, NY 10022

 

Morgan Stanley – ACH Deposit

Bank Name: UMB Bank

ABA #/ Routing #: 044000804

Account #: 8902066477350

Account Name: Foundation for Puerto Rico Inc.

 

Morgan Stanley – Check Deposit

Check should be made payable to: Morgan Stanley

Memo field: “Donation for The Foundation for Puerto Rico”

Account #: 654-071839

Checks should be mailed to: Morgan Stanley Private Wealth Management

Attn: The Malkin Group, 399 Park Avenue, 12th FL New York, NY 10022

 

*Donations over $250 are tax deductible