NonprofitsPlatform For Social Impact

Community Improvement & Capacity Building

Platform For Social Impact

SAN JUAN, PR

Total revenue

$4.9M

Total expenses

$4.0M

Net assets

$4.1M

Grants received

$11.1M

14 grants

EIN

660963647

Tax year

2023

Mission

Raise capital to support a diverse portfolio of programs, organizations, and impact-first businesses often let out of traditional markets, generate economic value while benefiting underserved communities and creating opportunities for social mobility.

Programs

2 programs

Healthcare - provide socially equitable, quality health services to underserved communities to improve health by developing financially viable and sustainable health services including primary preventive health, laboratory and x-ray services for underserved, densely populated, well defined geographic areas.

Business development - the business development efforts of platform for social impact, inc. (psi) encompass a wide range of initiatives aimed at expanding the organization's reach and impact. This includes exploring opportunities for strategic partnerships, securing funding from diverse sources, and developing innovative financial instruments. Psi's pursuit of catalytic capital in puerto rico is to demonstrate the existence of an untapped market for impact investment in the region, with the potential to generate the necessary resources to ensure the long-term sustainability of psi's initiatives and economic mobility for families.

Financials

FY 2023

Revenue

Contributions & grants$4.7M
Program service revenue
Investment income$204K
Other revenue
Total revenue$4.9M

Expenses

Grants paid
Salaries & benefits$1.0M
Fundraising$332K
Other expenses$3.0M
Total expenses$4.0M
Total assets$7.8M
Net assets$4.1M

People

7 listed

NameRoleCompensation

CAMILA RIVERO

COO

Board

$150K

40 hrs/wk

BERTIL CHAPPUIS

BOARD OF DIR

Board

4 hrs/wk

RAFAEL SOMOZA

BOARD OF DIR

Board

1 hrs/wk

MONICA DE LA TORRE

BOARD OF DIR

Board

2 hrs/wk

RAFAEL VELEZ

BOARD OF DIR

Board

4 hrs/wk

EDUARDO CARRERA

CEO

Staff

$225K

40 hrs/wk

HERIBERTO TORRES

CFO

Staff

$181K

40 hrs/wk

Independent contractors

INSTITUTO DESARROLLO DE LA JUVENTUD

PROFESSIONAL SV

$177K

CAPITOL CONSULTING LLC

GRANT CONSULT

$176K

CONNECTO SOLUTIONS LLC

CONSULTING SERV

$142K

Grants received

Showing 14 of 14

FromAmountPurposeYear
$250K
PROJECT SUPPORT TO AID WILL SUPPORT INSTITUTO DEL DESARROLLO DE LA JUVENTUD (IDJ) WITH FURTHER INTEGRATION OF A 2GEN APPROACH IN PUERTO RICO.
2024
$50K
Wide range of projects, strategies and alliances to invest in communities in Puerto Rico
2024
$500K
PLATFORM FOR SOCIAL IMPACT PAYMENT 2 OF 2
2023
$100K
THIS GRANT WILL SUPPORT INSTITUTO DEL DESARROLLO DE LA JUVENTUD (IDJ) WITH FURTHER INTEGRATION OF A 2GEN APPROACH IN PUERTO RICO ACROSS STATE AGENCIES.
2023
$100K
Community Development
2023
$50K
Wide range of projects, strategies and alliances to invest in communities in Puerto Rico.
2023
$25K
WORKFORCE DEVELOPMENT
2023
$10K
PUBLIC, SOCIETAL BENEFIT
2023
$2M
GENERAL SUPPORT
2022
$500K
GENERAL OPERATING SUPPORT
2022
$383K
GENERAL CHARITABLE
2022
$333K
GENERAL CHARITABLE
2021

Funded by

$11.1M from 10 funders · 14 grants · 2021–2024

Boys & Girls Clubs Of Puerto Rico

$6.8M · 1 grant · 2022

Tenacre Foundation

$2M · 1 grant · 2022

Peter Alfond Foundation

$1M · 2 grants · 2022–2023

Fundacion Colibri

$717K · 2 grants · 2021–2022

The Kresge Foundation

$350K · 2 grants · 2023–2024

Liberty Communications Foundation Inc

$100K · 2 grants · 2023–2024

Silicon Valley Community Foundation

$100K · 1 grant · 2023

Details

EIN660963647
NTEE codeS31
Subsection03
Ruling date2021-09
Formed2020
Employees13
PLATFORM FOR SOCIAL IMPACT — Mission, Financials & Grants Received | Grantivo