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Ponce Medical School Foundation

Ponce, PR · EIN 66-0379122 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Ponce Medical School Foundation reported $18.8 million in revenue and $20.0 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $95.07 went to program services, $4.93 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 89.3% of the total. Government grants made up 73.1%. The highest compensation it reported for one person was $422,605 (PROFESSOR/PR). Revenue rose 16% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $20M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $19M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
95.1%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
4.9%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
89.3%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
73.1%1.1%
Program service revenue share
Part VIII 2g ÷ 12
9.6%69.9%
Highest reported compensation
Part VII-A, columns D–F
$422,605$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.11%1.28%
People paid over $100,000
Part VII, line 2
Not reported8
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
7.613.3
Independent voting board members
Part VI 1a–1b
4 of 7100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$19M expenses · 100.0% of program spending · revenue $19M

Pmsf is a leader in biomedical research in puerto rico and is comprised of highly accomplished researches with expertise in cancer, neuroscience, HIV and mental health. Pmsf provides modern research facilities that foster collaborative, integrative basic and clinical research. Pmsf houses one of the top clinical trial research sites in puerto rico, the only cancer tissue repository for puerto rican patients

— expenses

The institution has provided educational and research opportunities for physicians, psychologists, public health and biomedical students interested in pursuing research careers. Pmsf is a key player in ongoing research initiatives on chikunguya, dengue, and zika as it houses the most comprehensive database. Pmsf through inno diagnostics, a clia-certified diagnostic testing laboratory, has played a pivotal role in providing molecular testing and vaccines administration to the south of puerto rico during the COVID-19 pandemic. Also, pmsf were awarded federal and private grants to work with…

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PROFESSOR/PR
Officer, 40.00 hrs/week
$0$422,605$0$422,605
ASSOCIATE PR
Key employee, 40.00 hrs/week
$0$257,084$0$257,084
PROFESSOR/ D
Key employee, 40.00 hrs/week
$0$247,700$0$247,700
ASSOCIATE DE
Officer, 40.00 hrs/week
$0$236,509$0$236,509
ASSOCIATE PR
Key employee, 40.00 hrs/week
$0$221,965$0$221,965
PROFESSOR
Highest compensated employee, 40.00 hrs/week
$0$208,175$0$208,175
DEAN OF CURR
Officer, 40.00 hrs/week
$0$191,429$0$191,429
PROFESSOR
Highest compensated employee, 40.00 hrs/week
$0$172,363$0$172,363

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40MFY2020FY2021FY2022FY2023FY2024FY2025$19M$20M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$19M$20M95.1%$13M$422,605
FY2024 ⓘ$19M$18M94.5%$14M$363,523
FY2023 ⓘ$20M$19M95.2%$13M$306,000
FY2022 ⓘ$24M$20M95.6%$12M$303,000
FY2021 ⓘ$26M$20M95.8%$8.7M$300,000
FY2020 ⓘ$16M$16M94.7%$3.1M$270,000

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b7 · 4 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13No
  • Document retention policy Part VI 14No
  • Independent process for top executive pay Part VI 15aNo
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5267
  • Volunteers Part I, line 614

Private foundation grants it received

1 private foundation reported grants to Ponce Medical School Foundation totaling $23,125 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Ponce Medical School Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Ponce Medical School Foundation, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Puerto Rico

Questions people ask

How much of Ponce Medical School Foundation's spending goes to programs?

In the fiscal year ending June 30, 2025, Ponce Medical School Foundation reported that 95.1% of its $20.0 million in expenses went to program services, 4.9% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Ponce Medical School Foundation pay its top executive?

The largest total compensation Ponce Medical School Foundation reported for one person in the fiscal year ending June 30, 2025 was $422,605, for the role of PROFESSOR/PR (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Ponce Medical School Foundation get its money?

Of $18.8 million in revenue in the fiscal year ending June 30, 2025, 89.3% came from contributions and grants (including 73.1% from government grants) and 9.6% from program service revenue (Form 990, Part VIII).

Is Ponce Medical School Foundation a registered charity?

The IRS lists EIN 66-0379122 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202631359349305628 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202531339349309658 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202421349349306477 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202311359349318776 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202211369349313561 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202141319349304384 · read the filing

All filings for EIN 66-0379122: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.