SAN JUAN, Puerto Rico--(BUSINESS WIRE)--With the aim of further strengthening its organizational structure as a 501c3 non-profit entity, United for Puerto Rico has reached an agreement with Foundation for Puerto Rico (FPR) by which the Foundation will provide technical and administrative support in a cost-efficient manner to increase the organization’s capacity and agility to process grant applications.
“In view of the widespread support received by United for Puerto Rico, the amount of funds raised and the number of proposals received, we have established a working relationship with Foundation for Puerto Rico to be more agile in deploying our working plan, all in accordance with the strict norms that rule an organization certified as a 501c3 entity. Foundation for Puerto Rico is a nonprofit organization, highly reputable, composed of a team of professionals with the expertise and experience in managing socio-economic development programs. We understand that Foundation for Puerto Rico is the ideal collaborator for United for Puerto Rico, thus allowing us greater responsiveness in managing donations to organizations serving the needs of individuals and communities affected by the natural disasters,” said Mariely Rivera, Executive Director of United for Puerto Rico.
Furthermore, FPR will provide the technology to facilitate the documentation, management and grant proposal analysis. United for Puerto Rico will benefit, as part of this agreement, from the experience and knowledge of FPR in terms of their understanding regarding administrative aspects of nonprofit organizations. United for Puerto Rico, its Board of Directors and Executive
Director, will continue to exercise their fiduciary responsibilities of establishing priorities for the use, approval and disbursement of donations; ensuring the assignment of funds to the groups already identified by the organization as those in most need.
The agreement, which is in effect immediately, provides three services: 1) management of donation pledges through a specialized IT platform that allows the communication with donors; 2) support during the life cycle of a grant, including progress monitoring of funds granted; and 3) supervision of the human resources that will be in charge of these administrative functions.
“In view of the enormous challenge all Puerto Ricans face in the process of providing relief, recovery and rebuilding after Hurricane Maria, we embrace the opportunity to collaborate with United for Puerto Rico. Foundation for Puerto Rico has the infrastructure, the technological tools and expertise to support United for Puerto Rico with great efficiency. This function is a service we have assumed with various local and international nonprofit organizations that have united as part of the relief response to our people. All of us should take a stance at this time and together take the path towards a new beginning,” said María Jaunarena, Executive Vice-President of Foundation for Puerto Rico.
Rivera explained that the unprecedented challenges faced by Puerto Rico require the strengthening of nonprofit non-governmental organizations, (NGOs) including building alliances among organizations that provide aid to communities in need.
About United for Puerto Rico
United for Puerto Rico is nonprofit NGO certified as 501c3 entity by the U.S. Internal Revenue Service. It was created after the Office of the First Lady of Puerto Rico called for members of the private sector to join in the relief effort after Hurricane Irma struck Puerto Rico on September 6. After the catastrophic impact of Maria, on September 20, the organization saw the need to formalize and strengthen its structure as an entity separate from the government ruled by a board of 11 directors from the private sector with three additional ex-officio government representatives. The latter have no vote. For more information, please visit www.unidosporpuertorico.com.
The Foundation for Puerto Rico
The Foundation for Puerto Rico is a nonprofit organization 501c3 connected and dedicated at its core to driving the future of Puerto Rico with a focus towards an intelligent and visionary strategic change. Turning devastation into opportunity, FPR is laying the groundwork for a better Puerto Rico through immediate relief and reconstruction efforts with a focus on sustainability and economic viability. As part of this effort, FPR offers fiscal, administrative and/or procedure services to numerous local and US-based nonprofit organizations.