PLATINUM2022

FRIENDS OF PUERTO RICO

Building the Future

Washington, DC   |  www.friendsofpuertorico.org

Mission

Friends of Puerto Rico is a non-profit 501(C)(3) that supports the economic development of the people of Puerto Rico through entrepreneurial initiatives, education, and creating opportunities for women and girls. Since 2015, we have mobilized a passionate community of over 30,000 global entrepreneurs, donors and partner organizations focused on driving economic success and innovation to cultivate the next generation of leaders. Through a combination of training, education and mentorship initiatives that utilize the beautiful culture, art and people of Puerto Rico, our goal is to end financial hardship and provide economic opportunities and self-sufficiency for people on the island, in Washington, DC and around the United States.

Ruling year info

2016

President

Angelique Sina

Main address

1050 30th St NW

Washington, DC 20007 USA

Show more contact info

EIN

81-1143995

NTEE code info

Vocational Technical (B30)

Agricultural, Youth Development (O52)

Fund Raising and/or Fund Distribution (O12)

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Sign in or create an account to view Form(s) 990 for 2022, 2021 and 2020.
Register now

Communication

Blog

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

Friends of Puerto Rico is a non-profit 501(C)(3) that supports the economic development of the people of Puerto Rico through entrepreneurial initiatives, education, and creating opportunities for women and girls. Since 2015, we have mobilized a passionate community of over 30,000 global entrepreneurs, donors, and partner organizations focused on driving economic success and innovation to cultivate the next generation of leaders. Through a combination of training, education, and mentorship initiatives that utilize the beautiful culture, art, and people of Puerto Rico, our goal is to end financial hardship and provide economic opportunities and self-sufficiency for people on the Island, in Washington, DC, and around the United States.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

SEEDS Youth Entrepreneurship program

SEEDS, is a STEM based entrepreneurship education program for youth in Puerto Rico. Utilizing coffee, one of Puerto Rico’s most important and delicious resources, our year-long curriculum teaches public school children how to run an agri-business from the ground up. SEEDS allows students to tackle real-world business problems and engage in a mentorship program with leaders in business from on and off the island.

Population(s) Served
Ethnic and racial groups
Children and youth

A Friends of Puerto Rico program, AMIGAS is comprised of a global society of women that connect to mentor and train women and girls to become entrepreneurs. Through our curriculum entrepreneurship program based out of coffee, they will begin their journey and create pathways to economic development. As part of our program, we host a five-week success accelerator to allow women entrepreneurs to participate in a business mastery course to allow them to have a formula to generate revenue

By 2022, our goal is to engage 500 women and 500 girls.

Population(s) Served

METRO WOMEN BUSINESS CENTER
A resource center for women who own small businesses.Friends of Puerto Rico’s Metro Women’s Business Center is located at the University of Puerto Rico in Bayamon. This program, funded partially by the Small Business Administration, provides comprehensive training and resources for women entrepreneurs in the San Juan-Bayamón Metro area. The business center provides important resources to budding women entrepreneurs wherever they are in their process, from support through the conceptual stage, to creating a startup business, on through the path of achieving sustainability. Additionally, the center supports established women entrepreneurs to help maximize the growth potential of their existing businesses.

Population(s) Served
Women and girls
Multiracial people
Women and girls
Multiracial people

Where we work

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Total number of grants awarded

This metric is no longer tracked.
Totals By Year
Population(s) Served

Adults, Infants and toddlers, Ethnic and racial groups

Related Program

SEEDS Youth Entrepreneurship program

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Number of suppliers with whom the SME/Coop/Enterprise has an agreement, contract, or ongoing business relationship as a result of the nonprofit's efforts

This metric is no longer tracked.
Totals By Year
Related Program

Metro Women Business Center

Type of Metric

Outcome - describing the effects on people or issues

Direction of Success

Increasing

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

Friends of Puerto Rico is a non-partisan, non-profit 501(c)(3) social impact organization headquartered in Washington, DC, focused on mobilizing a network of partners to accelerate economic opportunities for the people of Puerto Rico. Friends of Puerto Rico is committed to the economic development of the Puerto Rican people through entrepreneurial initiatives, education, and creating opportunities for women and girls. Friends of Puerto Rico is an inclusive and caring organization of problem solvers dedicated to the creation of economic development through results-oriented initiatives focused on sustainability and self-sufficiency for the people of Puerto Rico and to those in Puerto Rican communities around the United States.

Creating a global community
Our story began with a culturally impactful experience and created a movement within our friends that later turned into a community. Together, we understood how best we could create impactful change through global ideas applied locally to Puerto Rico. Our passion for the arts, education, and entrepreneurship has led us to develop a theory of change that will allow us to invest in a community of friends that will build a self-sufficient Puerto Rico.

Our Mission:
Friends of Puerto Rico is a non-profit 501(C)(3) that supports the economic development of the people of Puerto Rico through entrepreneurial initiatives, education, and creating opportunities for women and girls. Since 2015, we have mobilized a passionate community of over 30,000 global entrepreneurs, donors, and partner organizations focused on driving economic success and innovation to cultivate the next generation of leaders. Through a combination of training, education, and mentorship initiatives that utilize the beautiful culture, art, and people of Puerto Rico, our goal is to end financial hardship and provide economic opportunities and self-sufficiency for people on the Island, in Washington, DC, and around the United States.

Our formula…
By focusing on youth, women, and girls as our change agents and implementing education programs in entrepreneurship, STEM, and sustainable agriculture, complemented with a network of mentors/supporters, we create an ecosystem that will lead to the development of the first generation of entrepreneurs in Puerto Rico. These entrepreneurs will accelerate change, build sustainable communities, and have youth engaged with agriculture to sustain a thriving local economy.
Our formula is rooted in the following sustainable development goals of the United Nations:
Goal #1: No poverty
Goal #4: Providing quality education
Goal #5: Achieve gender equity
Goal #8: Promote decent work and economic growth, and
Goal #10: Reduced inequalities.
Resiliency during natural disasters
In 2017, Hurricane Maria brought much damage to Puerto Rico and its 4 million citizens. It also created an opportunity for communities to expand the third sector. Working with partner organizations has been at the core of our organization. Working together is essential to develop a sustainable vision that will eradicate Puerto Rico’s poverty.

Entrepreneurship Incubators and Accelerators for each group (youth and women)

So far, we have invested 3.5 million dollars in community organizations in Puerto Rico.

Our formula…
By focusing on youth, women, and girls as our change agents and implementing education programs in entrepreneurship, STEM, and sustainable agriculture, complemented with a network of mentors/supporters, we create an ecosystem that will lead to the development of the first generation of entrepreneurs in Puerto Rico. These entrepreneurs will accelerate change, build sustainable communities, and have youth engaged with agriculture to sustain a thriving local economy.
Our formula is rooted in the following sustainable development goals of the United Nations:
Goal #1: No poverty
Goal #4: Providing quality education
Goal #5: Achieve gender equity
Goal #8: Promote decent work and economic growth, and
Goal #10: Reduced inequalities.
Resiliency during natural disasters
In 2017, Hurricane Maria brought much damage to Puerto Rico and its 4 million citizens. It also created an opportunity for communities to expand the third sector. Working with partner organizations has been at the core of our organization. Working together is essential to develop a sustainable vision that will eradicate Puerto Rico’s poverty.

Where
Where it is the hardest to reach and most underserved is where we want to be. Helping communities that are many times forgotten. Our core and regional focus will be in the (Aguadilla Isabela MSA) northwest of the Island to include: Aguadilla, Moca, Isabela, Aguada, San Sebastian, Las Marias, Mayaguez, and Anasco.

Flagship programs
Amapola and her coffee
Amapola was born in 2018. She is our official character of Friends of Puerto Rico and is named out of our famous flower. Amapola, our ten-year-old entrepreneur, is referred to as “Ama” and is known for her social change coffee that has a powerful threefold purpose of advancing our mission. Her first coffee batch was born out of seeds that survived Hurricane Maria. She then later converted it to Cafe Ama, a private label that is created by local farmers in Puerto Rico. Subsequently, these seeds are now the learning tool of youth in our program.

Purpose one: Our SEEDS students use CafeAma as a learning tool to get experience in being an entrepreneur when they participate in six weeks of selling “Café Ama Emprende,” a deliciously roasted coffee. The students sell this coffee within their local community, and they keep the funds to open their business in the second semester of the program.

Purpose two: The Café Ama #LoveBlend is sold in our e-commerce store to raise awareness and funds to support the SEEDS program and allows for a diversification of revenue streams.

Purpose three: Cafe Ama pop-ups and gifts are a powerful way to create more friendships and awareness through a highly enjoyable activity such as bringing people together through coffee and conversation.

Using SEEDS To build the future
Puerto Rico is home to arable land, which allows for many fruits and plants to grow. Following

Financials

FRIENDS OF PUERTO RICO
lock

Unlock financial insights by subscribing to our monthly plan.

Subscribe

Unlock nonprofit financial insights that will help you make more informed decisions. Try our monthly plan today.

  • Analyze a variety of pre-calculated financial metrics
  • Access beautifully interactive analysis and comparison tools
  • Compare nonprofit financials to similar organizations

Want to see how you can enhance your nonprofit research and unlock more insights?
Learn more about GuideStar Pro.

Operations

The people, governance practices, and partners that make the organization tick.

lock

Connect with nonprofit leaders

Subscribe

Build relationships with key people who manage and lead nonprofit organizations with GuideStar Pro. Try a low commitment monthly plan today.

  • Analyze a variety of pre-calculated financial metrics
  • Access beautifully interactive analysis and comparison tools
  • Compare nonprofit financials to similar organizations

Want to see how you can enhance your nonprofit research and unlock more insights? Learn More about GuideStar Pro.

lock

Connect with nonprofit leaders

Subscribe

Build relationships with key people who manage and lead nonprofit organizations with GuideStar Pro. Try a low commitment monthly plan today.

  • Analyze a variety of pre-calculated financial metrics
  • Access beautifully interactive analysis and comparison tools
  • Compare nonprofit financials to similar organizations

Want to see how you can enhance your nonprofit research and unlock more insights? Learn More about GuideStar Pro.

FRIENDS OF PUERTO RICO

Board of directors
as of 01/08/2023
SOURCE: Self-reported by organization
Board chair

Angelique Sina

Pravesh Saraff

P Street Wines

Juan Garcia

Midas Education

Jorge Santos

Goldman Sachs

Joanna Peña

Beam Suntory

Anita Holloway,MD,MBA

Humana

Izmira Santiago-Mikel

Bill & Melinda Gates Foundation

Desiree Mieses

Lumiere Bay, Inc

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? Yes

Organizational demographics

SOURCE: Self-reported; last updated 12/29/2022

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
Hispanic/Latino/Latina/Latinx
Gender identity
Female, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

No data

Gender identity

No data

Transgender Identity

No data

Sexual orientation

No data

Disability

No data