2024-11-15T19:30:00-06:00 2023-12-31 262246506 APERCEN PARTNERS LLC 455 N CITYFRONT PLAZA DRIVE STE 1730 CHICAGO IL 60611 990 2023-12-22 661057854 FUNDACION ROYAL ISABELA INC FUND 6508047100 53 CALLE PALMERAS SUITE 501 SAN JUAN PR 00901 DANIEL W MOREHEAD PRESIDENT 6508047100 2024-11-15 1 1 JACOB J ZEHNDER P01564049 6508047100 2023 2024-10-15 13:58:12Z X X DANIEL W MOREHEAD 53 CALLE PALMERAS SUITE 501 SAN JUAN PR 00901 1500000 0 X N/A X 2023 PR 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. 5 5 0 5 0 0 1500000 0 0 0 1500000 0 0 0 0 0 0 0 1500000 1500000 0 1500000 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. 0 0 0 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. 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 X APERCEN PARTNERS LLC 6508047100 455 N CITYFRONT PLAZA DRIVE STE CHICAGO IL 60611 X DANIEL W MOREHEAD PRESIDENT/DIRECTOR 1.00 X X 0 0 0 DEVON MOREHEAD DIRECTOR 1.00 X 0 0 0 FRIEDEL STUBBE DIRECTOR 1.00 X 0 0 0 ALBERTO BACO DIRECTOR 1.00 X 0 0 0 DRACO ROSA DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 1500000 1500000 1500000 0 0 0 0 0 0 0 1500000 0 1500000 0 0 X 0 0 0 0 0 1500000 0 1500000 0 1500000 1500000 0 X 0 0 0 X 1500000 1500000 1500000 1500000 1470000 30000 1500000 X SCHEDULE A, PART II - EXPLANATION FOR SHORT YEAR THE 2023 TAX YEAR WAS A SHORT YEAR COVERING THE PERIOD DECEMBER 22, 2023 THROUGH DECEMBER 31, 2023, DUE TO THAT BEING THE ORGANIZATION'S FIRST YEAR IN EXISTENCE. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED FORM 990, PART VI, SECTION A, LINE 2 DIRECTORS DANIEL W. MOREHEAD AND DEVON MOREHEAD HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY AUTHORIZED AGENTS OF THE ORGANIZATION AND REVIEWED BY THE PRESIDENT BEFORE BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY COVERS INTERESTED PERSONS, WHICH INCLUDE ANY DIRECTOR OR OFFICER WHO HAS A DIRECT OR INDIRECT (THROUGH BUSINESS, INVESTMENT OR FAMILY) FINANCIAL INTEREST. A FINANCIAL INTEREST IS OWNERSHIP OR INVESTMENT IN ANY ENTITY WITH WHICH THE ORGANIZATION ENGAGES IN A TRANSACTION OR ARRANGEMENT; A COMPENSATION ARRANGEMENT WITH ANY ENTITY OR INDIVIDUAL WITH WHICH THE ORGANIZATION ENGAGES IN A TRANSACTION OR ARRANGEMENT; OR A POTENTIAL SUCH OWNERSHIP OR INVESTMENT INTEREST OR COMPENSATION ARRANGEMENT. INTERESTED PERSONS MUST DISCLOSE THE EXISTENCE OF A RELEVANT FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS OR RESPONSIBLE COMMITTEE. THE REMAINING DIRECTORS OR COMMITTEE MEMBERS SHALL DISCUSS AND DECIDE IF A CONFLICT OF INTEREST EXISTS, WILL INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT, AND WILL DETERMINE IF THE ORGANIZATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT POSSIBLE, THE DIRECTORS OR COMMITTEE WILL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS OR COMMITTEE MEMBERS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ORGANIZATION'S BEST INTEREST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST WHEN REQUIRED BY FEDERAL OR STATE LAW.