2025-11-14T15:36:54-07:00 2024-12-31 660737613 JUAN A VAZQUEZ ALDEA CPA PO BOX 9090 CAGUAS PR 00726 990 2024-01-01 660904023 BORINCANA FOUNDATION INC BORI 9145527220 151 CALLE SAN FRANCISCO SUITE 200 SAN JUAN PUERTO RICO RQ 00901 ERIC PICA CONTROL 9145527220 2025-11-06 1 1 Juan Vazquez P01278277 7874133650 2025-11-06 X 2024 2025-03-06 01:10:19Z THOMAS KING 151 CALLE SAN FRANCISCO SUITE 200 SAN JUAN PR 00901 926796 0 X X 2018 PR BORINCANA FOUNDATION WILL PROVIDE CERTAIN CONSULTING SERVICE TO OTHER NON FOR PROFIT OR FOR PROFIT ORGANIZATION TO SUPPORT AND VENTURE WITH LOCAL SOLAR STORAGE COMPANIES, MICROGRID PROVIDERS, INVESTOR, LENDERS TECHNOLOGY PROVIDERS, AND OTHERS, TO IMPLEMENT ACCELERATED PROGRAMMATIC APPROACHES TO MARKETING, FINANCING, AND EXECUTION OF DISTRIBUTED GENERATION AND STORAGE FOR INDUSTRIAL AND COMMERCIAL CUSTOMERS. ALSO, THE FOUNDATION WILL ACT AS AN ADVISOR AND GRANT RECIPIENT/ ADMINISTRATOR TO SUPPORT FEDERAL AND LOCAL EFFORT FOR REVITALIZATION AND TRANSFORMATION OF PUERTO RICO. 4 4 10 0 0 0 811505 926796 0 0 0 0 26 0 811531 926796 0 0 0 0 345266 432824 0 0 13828 323589 431782 668855 864606 142676 62190 579026 608633 352007 319422 227019 289211 The Borincana Foundation supplies financial education, technical assistance, workforce training, and market facilitation support to aid in the reduction of poverty in Puerto Rico through energy transition and energy justice. 0 0 283008 0 293243 * Puerto Rico Energy Capital Access Program (PRECAP) underwent a comprehensive transformation in 2022, which included a change in management and the recruitment of new staff. This restructuring enabled the program to bring compliance and administrative work up to date and completely revamp its operations, resulting in an enhanced service for the community. As a result of these improvements, the PRECAP team was able to deliver high-quality assistance to program participants both during and after graduation. PRECAP successfully graduated 12 renewable energy projects and received 42 applications in 2022. As part of its post-graduation support, PRECAP provided valuable assistance to the ABEYNO COOP project, which led to the project receiving the prestigious Made in America Prize. Another graduate,the Sunrise Solar Farm project, is now participating in the DOE Energizing Rural Communities competition. Looking ahead to 2023, the program is committed to fostering the growth of additional renewable energy projects and expanding its positive influence and presence in the Puerto Rico energy ecosystem. 265822 0 288698 SOLAR IT, The Solar Information Technology Workforce Development and Market Acceleration Program accomplished the following Completed Cohorts of the program with a total of 60 graduates. Completed 15 outreach activities Developed 11 outreach materials to promote the program Managed to maintain 50% employability among graduates of the program Held 2 graduation events and networking venues- Completed and published a full season of the Good Morning with Energy Podcast- Four additional members were incorporated into the work team 127750 0 139292 GRUPO ASI is an independent provider of solar systems desigs, offering free solar analysis for small businesses in rural areas of Puerto Rico. The program was created in November 2022 by Borincana Foundation and is funded through a USDA grant. 136986 0 134620 The REAP Program Rural Energy for America Program is an initiative of the United States Department of Agriculture USDA that offers grants and loan guarantees to help small rural businesses and farmers carry out renewable energy and energy efficiency projects. Through REAP, participants can obtain funding to cover up to 50% of eligible costs for installing solar systems, energy storage, or other clean technologies, with the goal of reducing operational costs, promoting sustainability, and strengthening the resilience of rural communities. At Fundación Borincana, we were approved in November 2024 under the REAP TAG program to provide technical assistance to small rural businesses and farmers who wish to apply to REAP. 5795 0 11150 The Solar Access Program of the U.S. Department of Energy DOE sought to strengthen energy resilience in Puerto Rico by installing solar systems with batteries in homes located in last-mile communities and in low-income households. In February 2024, Fundación Borincana was selected as one of the 16 Solar Ambassador organizations in the program, with the responsibility of guiding and assisting eligible residents in the municipalities of Fajardo and Río Grande, facilitating their access to safe, reliable, and zero-upfront-cost renewable energy. Fundación Borincana's participation lasted until February 2025, and the program was terminated by the federal government in July 2025. 142781 0 145770 819361 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 10 1 0 0 0 0 0 0 0 0 X 4 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 PR X THOMAS KING 9145527220 151 CALLE SAN FRANCISCO SUITE 200 SAN JUAN PUERTO RICO RQ 00901 THOMAS KING SECRETARY 4 0 X X 94612 0 0 ALEJANDRO URIARTE PRESIDENT 1 0 X X 0 0 0 XAIRA FERRARA DIRECTOR 1 0 X 0 0 0 GABRIEL PEREZ SEPULVEDA PRESIDENT 1 0 X 0 0 0 94612 0 0 0 1 0 0 0 0 0 0 0 859229 67567 0 926796 0 0 0 0 0 0 0 926796 0 0 0 X 94612 94612 0 311441 302861 8580 0 26771 22834 3937 50584 50584 17000 17000 217866 217060 263 543 8233 2962 556 4715 18007 18007 13481 8626 4855 37751 37488 263 34935 24899 2526 7510 5333 5333 2896 2896 14262 14262 DUES AND SUBSCRIPTIONS 5142 4359 783 0 SALE TAX 4310 3668 642 0 1982 139 783 1060 864606 819361 31417 13828 101327 114277 457968 478015 8148 7653 14479 5791 11583 8688 579026 608633 21007 69422 331000 250000 0 352007 319422 X 227019 289211 0 0 227019 289211 579026 608633 62190 0 0 0 2 0 X 0 1 X 1 1 1 X 289195 278442 543401 811531 926796 2849365 289195 278442 543401 811531 926796 2849365 2849365 2849365 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 0 0 0 14479 0 5791 8688 0 0 0 0 8688 926796 0 0 0 0 0 926796 0 0 0 926796 864606 0 0 0 0 0 864606 0 0 0 864606 0 0 0 0 0 0 0 0 0 THOMAS KING SECRETARY 94612 0 0 0 0 0 0 0 0 0 94612 0 95345 0 CROSS RIVER CAPITAL FOUNDER ONWS THE COMPANY WORKING CAPITAL X 301000 250000 0 1 1 250000 Form 990, Part VI, Section B, Line 11b The Form 990 is prepared by an independent CPA firm and provided to the organization for review. It is subsequently discussed and approved at the next Board of Directors Meeting. Form 990, Part VI, Section C, Line 19 These documents are not made available to the public. Form 990, Part IX, Line 11g SPECIALIZED CONSULTING SERVICES AN EXTENSION FOR FILING HAS BEEN FILED