Press Release
The Hispanic Federation established a fund at the Puerto Rico Community Foundation to provide recovery grants to students at public and private universities.
The foundation will receive $$200,000 from Hispanic Federation to continue supporting students on the Island
San Juan, Puerto Rico, July 25, 2018 | The Puerto Rico Community Foundation (PRCF) delivered today $95,000 in recovery donations to 140 students from public and private universities, thanks to a contribution from Hispanic Federation upon establishing the Hispanic Federation Puerto Rico Recovery and Hurricane Relief Fund, administered by the FCPR. The purpose of the Fund is to enable students to recover from losses caused by Hurricanes Irma and Maria so they can continue their university studies.
The aid arriving just before the start of the new school year will provide students with financial relief. “I received a donation from the Hispanic Federation Puerto Rico Recovery and Hurricane Relief Fund. I want to thank them for it. I will be using it for the documentation and processing of my professional license since I graduated with a bachelor's degree (in Nursing from the Metropolitan University of Puerto Rico, Cupey Campus) in May,” shared Grace M. Matos Rivera, from Toa Baja and recipient of a $500 donation from the Hispanic Federation.
The aid was distributed as follows: 46 received $250; thirty-two, $500; twenty-three, $750; fifteen, $1,000; three, 1,250; and twenty-one, $1,500. Of the 140, 39 suffered severe damage including loss of structural integrity, personal property, or family income.
“It is through collaborations with organizations like FCPR that we can ensure our help reaches the greatest number of Puerto Ricans. Investing in the future of these students is an investment in a better future for Puerto Rico, and we thank FCPR for allowing us to be part of this effort,” said José Calderón, president of Hispanic Federation.
After the delivery, Calderón announced via a call that the non-profit organization will contribute $200,000 to the Hispanic Federation Puerto Rico Recovery and Hurricane Relief Fund to continue supporting students in Puerto Rico.
The FCPR reactivated the Community Recovery Fund for Puerto Rico in response to the aftermath of the hurricanes. This led to community and private foundations, corporations, individuals, and others establishing funds for grants through the foundation's philanthropic structure. One of these institutions was the Hispanic Federation, a non-profit organization founded in 1990 dedicated to providing support to Hispanic families and strengthening Latino organizations working in education, health, migration, civic engagement, economic empowerment, and the environment.
“We are honored that the Hispanic Federation placed their trust in our institution to manage the process of supporting these young students. There is still
There is much to be done, but it is with acts like this that we strengthen the human and educational fiber of our Island,” mentioned Dr. Nelson I. Colón Tarrats, Executive Director of the FCPR.
The Puerto Rico Community Recovery Fund has reached $$12.5 million and its donations are being distributed through projects for water access, renewable energy, housing, education, and economic development.
About the Puerto Rico Community Foundation The FCPR is a non-profit entity that for over 32 years has advised individuals, families, corporations, and foundations on and off the island on how to channel their philanthropic concerns. The advisory aims to ensure that donors' contributions have an impact on the self-development of Puerto Ricans. Additionally, the FCPR has a programmatic area for annual projects resulting from current needs in our communities. The FCPR is the first foundation of its kind in Puerto Rico and the Caribbean, and today it remains the only one in Puerto Rico.
VERSIÓN EN CASTELLANO
140 college students will receive $250 and $1,500 to alleviate the losses suffered after Hurricanes Irma and María in 2017
The Hispanic Federation established a fund at the Puerto Rico Community Foundation to provide recovery grants to students from public and private universities.
The fund will receive $200,000 from Hispanic Federation to continue helping Puerto Ricans students.
San Juan, Puerto Rico, July 25, 2018 The Puerto Rico Community Foundation (FCPR, for its initials in Spanish) today bestowed $$95,000 in recovery donations to 140 students from public and private universities, thanks to a contribution from the Hispanic Federation to establish the Hispanic Federation Puerto Rico Recovery and Hurricane Relief Fund, administered by the FCPR. The Fund’s goal is to help students recover from losses caused by hurricanes Irma and María so they can continue their college studies.
The financial support that will be granted just before the start of the new school year will allow students economic relief. “I’m very grateful for this grant from the Hispanic Federation Puerto Rico Recovery and Hurricane Relief Fund. I will be using it to complete the process of my professional license. I finished a bachelor’s degree in Nursing from the Universidad Metropolitana de Puerto Rico, Cupey Campus in May”, said Grace M. Matos-Rivera, from Toa Baja and the recipient of a $500 donation from the Hispanic Federation.
The grants were distributed as follows: 46 received $250; 32 received $500; 23 received $750; 15 got $1,000; three got $1,250; and 21 got $1,500. Of the 140 students, 39 of them suffered severe structural damage including loss of personal property or family income.
“It is through collaborations with organizations such as the FCPR that we can ensure that our assistance reaches as many Puerto Ricans as possible. Investing in the future of these students is an investment in a better future for Puerto Rico and we thank the FCPR for letting us be part of this effort,” said José Calderón, president of the Hispanic Federation.
After the event, Calderón announced by phone that the non-profit organization will strengthen the Hispanic Federation Puerto Rico Recovery and Hurricane Relief Fund with $$200,000 to continue helping Puerto Rican students.
The FCPR reactivated the Community Recovery Fund for Puerto Rico in response to the aftermath of the hurricanes. This allowed community and private foundations, corporations, individuals, and others to establish funds and grant donations through the foundation’s philanthropic structure. One of these institutions was the nonprofit Hispanic Federation, founded in 1990 and dedicated
to providing support to Hispanic families and strengthening Latino organizations working in education, health, migration, civic engagement, economic empowerment, and the environment.
“We are honored that the Hispanic Federation entrusted our institution with managing the process of supporting these young students. There is still much to do, but actions like this strengthen our island’s human and educational fabric,” said Dr. Nelson I. Colón-Tarrats, the FCPR’s chief executive.
The Community Recovery Fund for Puerto Rico has reached $12.5 million and donations are being distributed through water access, renewable energy, housing, education and economic development projects.
FCPR is a non-profit entity with over 32 years of experience advising individuals, families, corporations, and foundations, both on and off the island, in channeling their philanthropic interests. This consulting aims to ensure that donor contributions have an impact on the self-determination of Puerto Ricans. Furthermore, FCPR has a programmatic component with annual projects to support the most pressing needs in our communities. FCPR is the first foundation of its kind in Puerto Rico and the Caribbean, and it remains the only one in Puerto Rico today.