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Riovena Foundation Inc. is a private corporation based in SAN JUAN, PR. The foundation received its IRS ruling in 2017. The principal officer is Jorge L Rodriguez. It holds total assets of $2K. Annual income is reported at $92K. Total assets have decreased from $30K in 2018 to $2K in 2024. The foundation is governed by 1 officer or trustee. Sponsorship for fiona disaster. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2024. Grantmaking is concentrated in PR. According to available records, Riovena Foundation Inc. has made 23 grants totaling $119K, with a median grant of $2K. Annual giving has decreased from $38K in 2022 to $23K in 2024. Grantmaking activity was highest in 2023 with $59K distributed across 14 grants. Individual grants have ranged from $175 to $30K, with an average award of $5K. The foundation has supported 14 unique organizations. Grant recipients are concentrated in PR. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$2K
Average Grant
$3K
Largest Grant
$5K
Based on 3 grants from the most recent 990-PF filing.
Sponsorship to not for profit organization
Expenses: $5K
Sponsorship of educational services
Expenses: $2K
Sponsorship of educational services
Expenses: $1K
Sponsorship for fiona disaster. Based on available records, the foundation has funded 23 grants. Its grantmaking reaches organizations primarily in PR.
Riovena Foundation Inc. has distributed a total of $119K across 23 grants. The median grant size is $2K, with an average of $5K. Individual grants have ranged from $175 to $30K.
Riovena Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Riovena Foundation Inc. is headquartered in SAN JUAN, PR.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jorge L Rodriguez | PRESIDENT | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$2K
Fair Market Value
N/A
Net Worth
$2K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
23
Total Giving
$119K
Average Grant
$5K
Median Grant
$2K
Unique Recipients
14
Most Common Grant
$2K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Enterprize EventsENTREPRENEURSHIP GRANT | Hato Rey, PR | $10K | 2024 |
| Museo De Arte De PrEDUCATIONAL SERVICES | San Juan, PR | $8K | 2024 |
| Banco Popular De Puerto RicoEDUCATIONAL GRANT | San Juan, PR | $5K | 2024 |
| Guayacan Endowment Fund 2022ENTREPRENEURSHIP GRANT | Hato Rey, PR | $10K | 2023 |
| Naldy QuilesFIONA DISASTER - GENERATOR | Lares, PR | $9K | 2023 |
| Kinesis FoundationEDUCATIONAL SERVICES | San Juan, PR | $5K | 2023 |
| Omayra BonillaFIONA DISASTER - GENERATOR | Cayey, PR | $2K | 2023 |
| Boys Girls Scouts Of Puerto RicoEDUCATIONAL SERVICES | San Juan, PR | $500 | 2023 |
| Concilio De Iglesias PentecostalesNOT FOR PROFIT ORGANIZATION | San Juan, PR | $175 | 2023 |
| Guayacan Endowment FundENTREPRENEURSHIP GRANT | Hato Rey, PR | $30K | 2022 |
| Museo De Arte De Puerto RicoEDUCATIONAL SERVICES | San Juan, PR | $2K | 2022 |
| Nelson PadillaEDUCATIONAL SERVICES | San Juan, PR | $500 | 2022 |
| Ivan FlorianEDUCATIONAL SERVICES | San Juan, PR | $300 | 2022 |
| Escuela Martin G BrumbaughEDUCATIONAL SERVICES | Santa Isabel, PR | $300 | 2022 |