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Nonprofiteer
← FUNDACION ROYAL ISABELA INC

Form 990 for tax year 2023

Filed by FUNDACION ROYAL ISABELA INC.

Totals

Total revenue
$1,500,000
Total expenses
$0
Contributions and grants received
$1,500,000
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$1,500,000
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$1,500,000
Program services expenses (Part IX)
$0
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
not reported

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $1,500,000

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    end of year $1,500,000

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $0 · end of year $1,500,000

Mission and programs · 2023

Mission

FUNDACION ROYAL ISABELA INC SEEKS TO PROTECT AND PRESERVE THE BIODIVERSITY AND NATURAL RESOURCES OF PUERTO RICO AND PROVIDE SCHOLARSHIPS FOR STUDENTS IN NEED WHO ARE RESIDENTS OF THE MUNICIPALITY OF ISABELA.

  • DRIVEN BY A COMMITMENT TO ENVIRONMENTAL STEWARDSHIP, PUBLIC WELFARE, AND ENSURING THAT PUERTO RICO'S UNIQUE NATURAL HERITAGE IS PROTECTED FOR FUTURE GENERATIONS WHILE SIMULTANEOUSLY CONTRIBUTING TO THE BROADER ENVIRONMENTAL AND SOCIETAL GOOD, THE ORGANIZATION WILL PROTECT AND PRESERVE THE BIODIVERSITY, NATURAL RESOURCES AND HERITAGE OF PUERTO RICO. DURING ITS INITIAL YEAR, FUNDING WAS RECEIVED TO SUPPORT PLANNING FOR THESE FUTURE ACTIVITIES.

  • THE ORGANIZATION WILL PROVIDE SCHOLARSHIPS TO SUPPORT STUDENTS WHO ARE RESIDENTS OF THE MUNICIPALITY OF ISABELA WHO ARE PURSUING EDUCATIONAL DEGREES, VOCATIONAL PROGRAMS AND/OR RESEARCH PROJECTS. DURING ITS INITIAL YEAR, FUNDING WAS RECEIVED TO SUPPORT PLANNING FOR THESE FUTURE ACTIVITIES.

As filed on the 2023 return.

Listed in Part VII

  • Daniel W Morehead

    PRESIDENT/DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Devon Morehead

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Friedel Stubbe

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Alberto Baco

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Draco Rosa

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
15 November 2024
IRS schema version
2023v5.1
Source object
202413209349327806

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