Fundacion Luis G Fortuno

PORTRAITS OF PROSPERITY is a photography contest and exhibit for high school and university students that aims to educate them on the value of entrepreneurship in their communities through the visual arts. Participants use their cameras to capture stories of local entrepreneurship, which are mounted as a collection for free, public exhibition to the general public. Prizes are awareded to selected photographs, as evaluated by a panel of judges. A fan favorite contest is also held via the Foundations social media channels. In 2024, registrations for the program increased by 27% and representation from high schools and universities increased by 3%. The number of visitors at the public exhibit increased by 10.6%. In collaboration with the Foundation for Economic Education (FEE), the Foundation offers program participants free economics and financial education webinars. In 2024, all 100 final participants attended at least one of 4 webinars offered. Moreover, seven participants from the Portraits of Prosperity program were awarded partial scholarships by FEE to attend the Active Minds conference in Atlanta, GA where they learned about individual rights, economic freedom and fostering the creative mindset. The partial scholarships from FEE covered up to $1,500 for airfare, hotel accomodations and miscellaneous expenses for the youth participants and 3 chaperones. In agreement with participants and FEE, the Foundation handled payment of airfare travel for all attendees from Puerto Rico, and FEE transferred the scholarship awards to the Foundation as reimbursement for airfare and other expenses. The Foundation also covered cost for participants in excess of the scholarships awarded, if needed.

CRECE en tu Municipio is an intensive training program for loca public employees. In an eight week span, the Foundation provides government employees in municipalities training on free market economics, how to improve thier business ecosystem to attract and retain investment and human captial. As part of the program, public servants receive specialized training on strategic planning and the establishment of sound metrics to promote fiscal responsibility and transparency. In 2024, the program was offered in 2 municipalities- San German and Naranjito. It is funded mainly through a grant from the Puerto Rico Legislatures Special Commission for Legislative Grants. The process to obtain this grant is competitive and requires quarterly report submissions. The program in 2024 was alos partially funded by a grant from Atlas Network awarded in late 2023 for this program.

SPEAKERS SERIES offers special forums and public conversations on economic development and trade, labor market trends and more. Forums are open to the public through live transmissions and in-person participation as well as to media. FREEDOM TO PROSPER IN PUERTO RICO is a comprehensive

research project that features qualitative and quantitative data to better understand Puerto Ricans views on their prospects for growth on the island and the correlation between increased economic freedom and peoples motivation to stay and invest locally. Research began in 2023 and the results wer published in 2024, with a special event

to present findings, media tour and distribution of the report to stakeholders. ROAD TO PROSPERITY SERIES provides periodic newsletters and policy briefs on economic trends in Puerto Rico coupled with an interactive plataform that provides key economic indicators online for

the universitys library website, exhibits, special events and research opportunities. LGF BOOK is a writing and publication project of a book by former Governor Luis G Fortuno on how economic freedom principles guided his action plan during his tenure as governor. In 2024, the project

was placed on hold but plans are retake it in 2025. CRECE en tu Profesion in 2024, the foundation entered into a collaborative agreement with the University Chapters of the Puerto Rico Chamber of Commerce. As part of the agreement, the foundation provides periodic workshops and activities to

to educate on economics and entrepreneurship to chapter members. The First workshop was held in late 2024 with and attendance of more than 25 university students. INTERSHIP PROGRAM provides paid internship opportunities to university students seeking to gain

work experience while learning about free market principles, economics and entrepreneurship. In 2024, 2 interns worked on special project development and social media marketing for the Foundation, under this program.

LEMONADE DAY MARKERSPACE is focused on the creation of the first Lemonade Day Makerspace in Puerto Rico. As part and innovative ELAB project spearheaded by a public-private venture, the Foundation has been invited to offer entrepreneurship education to elementary school children in a new space located in the urban area of Rio Piedras. ELAB brings

together private and public entities in a single location to prepare young people to be self- sufficient and competitive once they enter the workforce. The project will serve a student population of 31 schools located in the Rio Piedras area. We are currently waiting for improvements to be made to the site location so we are able to move foward

with the classroom design and creation. PROSPERA SUMMIT is a 2-year new project partially funded through a competitive grant from the Atlas Foundation awarded in 2024. Planning for the multisectoral event started in late 2024 and is scheduled to be held in August 2025.

Atlas Network in November 2024 and is scheduled to being in 2025. Biblioteca Siglo XXI contains the arcives and library of former Governor Luis G Fortuno, founder and chairman of the board of the Foundation. The Foundation maintains the archives, including the preservation,

digitalization and catalogue of official documents that are made available through the universitys library website, exhibits, special events and research opportunities. Inspiring Work is a comprehensive reseach project to identify incentives for welfare recipients to join

the formal workforce,and propose policy recommendations to increase labor participation in Puerto Rico. This is a new project funded partially by a competitive grant awarded to the Foundation by Atlas competitive grant awarded to the Foundation by Atlas Network in November 2024, and is schedule to begin in 2025.