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Kinesis Inc. is a private corporation based in SAN JUAN, PR. The foundation received its IRS ruling in 2010. It holds total assets of $18.6M. Annual income is reported at $4M. SCHOLARSHIPS PROGRAM - AIMS TO PROVIDE SCHOLARSHIPS TO QUALIFIED TALENTED YOUTH IN ORDER FOR THEM TO PURSUDEUNDERGRADUATE AND GRADUATE STUDIES IN PUERTO RICO AND ABROAD. According to available records, Kinesis Inc. has made 7 grants totaling $6.8M, with a median grant of $1.1M. Annual giving has decreased from $2.8M in 2021 to $701K in 2023. Grantmaking activity was highest in 2022 with $3.2M distributed across 4 grants. Individual grants have ranged from $476K to $1.4M, with an average award of $965K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in PR. Contributions to this foundation are tax-deductible.
SCHOLARSHIPS PROGRAM - AIMS TO PROVIDE SCHOLARSHIPS TO QUALIFIED TALENTED YOUTH IN ORDER FOR THEM TO PURSUDEUNDERGRADUATE AND GRADUATE STUDIES IN PUERTO RICO AND ABROAD.
Expenses: $1.1M
BRIGHT STARS PROGRAM- AIMS TO PROVIDE JUNIOR HIGH AND HIGH SCHOOL STUDENT'S ASSISTANCE AND COUNSELING TO PREPARE SUCH STUDENTS FOR A SUCCESSFUL COLLEGE CARRER. EXPAND OPPORTUNITY TO PUERTO RICO'S STUDENTS BY INSPIRING THE STUDENTS TO TAKE CHARGE OF THEIR FUTURE COLLEGE CAREERS BY PROVIDING ACCESS TO KEY PEOPLE AND RESOURCES, INCLUDING COLLEGE ADMITTANCE TEST. (I.E. SAT) AND OTHER GRADUATE SCHOOL ADMISSION TEST.
Expenses: $476K
SCHOLARSHIPS PROGRAM - AIMS TO PROVIDE SCHOLARSHIPS TO QUALIFIED TALENTED YOUTH IN ORDER FOR THEM TO PURSUDEUNDERGRADUATE AND GRADUATE STUDIES IN PUERTO RICO AND ABROAD. Based on available records, the foundation has funded 7 grants. Its grantmaking reaches organizations primarily in PR.
Kinesis Inc. has distributed a total of $6.8M across 7 grants. The median grant size is $1.1M, with an average of $965K. Individual grants have ranged from $476K to $1.4M.
The application deadline is MID APRIL OF EACH YEAR.. GRADE AVERAGE POINT SHOULD BE 3. 5 OR HIGHER AND SHOULD BE ADMITTED ONE OF THE 100 TOP UNIVERSITIES.
Kinesis Inc. is headquartered in SAN JUAN, PR.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jose Cruz Torres | EXECUTIVE DI | $115K | $0 | $115K |
| Antonio Luis Ferre | VICE-CHAIRMA | $0 | $0 | $0 |
| Angel Rivera | TREASURER | $0 | $0 | $0 |
| Jacobo Ortiz | SECRETARY | $0 | $0 | $0 |
| Rafael Aragunde Torres | DIRECTOR | $0 | $0 | $0 |
Total Giving
$2.4M
Total Assets
$16.8M
Fair Market Value
$16.8M
Net Worth
$16.1M
Grants Paid
$701K
Contributions
$1.8M
Net Investment Income
$243K
Distribution Amount
$676K
Total: $8.8M
Total Grants
7
Total Giving
$6.8M
Average Grant
$965K
Median Grant
$1.1M
Unique Recipients
2
Most Common Grant
$476K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Scholarships To Students Stm AttEDUCATION AND SCHOLARSHIPS | San Juan, PR | $701K | 2023 |
| From Kinesis Inc To Kinesis It AcadBRIGHT STAR PROGRAM SERVICES | San Juan, PR | $476K | 2022 |
VERO BEACH, FL
SAN FRANCISCO, CA
GREEN COVE SPRINGS, FL
SARASOTA, FL
| Miguel Fernandez Richards |
| CHAIRMAN, PR |
| $0 |
| $0 |
| $0 |
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