Overview
What is Fundacion Dr Carlos Lopez Somolinos Inc?
Fundacion Dr Carlos Lopez Somolinos Inc, located in Puerto Rico, is a nonprofit organization committed to supporting underprivileged children by providing educational scholarships. During the 2022 academic year, they awarded scholarships to 15 deserving students. The organization's primary source of revenue comes from private donations within Puerto Rico. Their primary mission is to help alleviate socioeconomic barriers in education, enabling children to pursue their academic goals and build a better future.
Official website here: www.fdrclopezsomolinos.org
Is Fundacion Dr Carlos Lopez Somolinos Inc legitimate?
Fundacion Dr Carlos Lopez Somolinos Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fundacion Dr Carlos Lopez Somolinos Inc submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Official website here: www.fdrclopezsomolinos.org
What is the mission statement of Fundacion Dr Carlos Lopez Somolinos Inc?
Fundacion Dr Carlos Lopez Somolinos Inc has a primary mission to support students with socioeconomic needs by offering scholarships. During the academic year 2022, they awarded scholarships to fifteen students. The organization primarily relies on private donations as its primary source of revenue, particularly in Puerto Rico. The mission of Fundacion Dr Carlos Lopez Somolinos Inc is focused on providing educational opportunities to underprivileged children, thereby boosting their potential for a better future.
Official website here: www.fdrclopezsomolinos.org
Who is the CEO of Fundacion Dr Carlos Lopez Somolinos Inc?
Luis A Ocasio is the President of Fundacion Dr Carlos Lopez Somolinos Inc.
Official website here: www.fdrclopezsomolinos.org
What is the revenue of Fundacion Dr Carlos Lopez Somolinos Inc?
Fundacion Dr Carlos Lopez Somolinos Inc's revenue in 2022 was $137,030.
Official website here: www.fdrclopezsomolinos.org
Who are the executives of Fundacion Dr Carlos Lopez Somolinos Inc and what are their salaries?
Here are 4 key members and their salaries:
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Official website here: www.fdrclopezsomolinos.org
Where can I find the form 990EZ for Fundacion Dr Carlos Lopez Somolinos Inc?
Fundacion Dr Carlos Lopez Somolinos Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.fdrclopezsomolinos.org
Learn more at the official website: www.fdrclopezsomolinos.org
Mission Statement of Fundacion Dr Carlos Lopez Somolinos Inc
Fundacion Dr Carlos Lopez Somolinos Inc, a nonprofit organization, is dedicated to a primary exempt purpose. This purpose revolves around granting scholarships to children who face socioeconomic challenges. During the academic year 2022, the foundation awards scholarships to 15 deserving students. The organization's primary source of revenue is through private donations, mainly in Puerto Rico.
In essence, Fundacion Dr Carlos Lopez Somolinos Inc is committed to uplifting the educational prospects of economically disadvantaged children. By providing scholarships, the foundation aims to alleviate financial burdens and empower these students to pursue their academic goals. The organization's reliance on private donations underscores its commitment to community support and the belief that education should be accessible to all, regardless of financial background.
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Impact
October, 2024
Fundacion Dr Carlos Lopez Somolinos Inc significantly influences the educational landscape for children facing socioeconomic challenges in Puerto Rico. By granting scholarships to deserving students, the organization empowers young individuals to pursue their academic goals, helping to bridge the gap created by financial constraints.
In the academic year 2022, the foundation awarded scholarships to 15 students, directly impacting their educational journeys and opening doors to future opportunities. This initiative not only fosters academic achievement but also promotes equity in education, giving students the chance to thrive despite their financial circumstances. The reliance on private donations underscores the community's commitment to supporting educational initiatives and highlights the importance of collaborative efforts in enhancing access to education. Through its dedicated mission, Fundacion Dr Carlos Lopez Somolinos is making a tangible difference in the lives of students and contributing to a more educated and equitable society.
This information is meant to be a general summary of Fundacion Dr Carlos Lopez Somolinos Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $8,773
- Gross Receipts: $137,030
Assets and Liabilities:
- Total Assets: $449,149
- Total Liabilities: $20,503
- Net Assets: $428,646
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Organization Details
Principal Officer
Luis A Ocasio
Main Address
PMB 330-425 CARR 693, DORADO, PR, 006460000
Website
www.fdrclopezsomolinos.orgNTEE Category
Code: B82 - Education
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