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POPULAR FOUNDATION INC

NEW YORK, NY · EIN 474997597 · Form 990PF · FY2024 · NTEE T20 · Philanthropy & Grantmaking · Small ($100K-$1M)
revenue
$905K
expenses
$125K
net assets
$4.5M
employees
profile · synthesized from sources

POPULAR FOUNDATION INC is a grantmaking foundation based in New York that supports nonprofit organizations across the United States. It funds programs focused on youth education, workforce development, financial literacy, and services for seniors and underserved communities. The foundation does not conduct direct programming but allocates resources to partner organizations delivering community-based initiatives.

named programs · 10 · from sources

What they call their work

#HeroesUnite
Trains first responders to recognize and appropriately respond to individuals with autism during emergency situations.
Aspiring Entrepreneurs Program (AEP)
Offers in-school and out-of-school programs to inspire middle and high school students to pursue entrepreneurship and small business ownership.
College Access for All
Funds out-of-state college visits for 8th graders, including overnight stays on campus to increase college readiness and access.
Corporate Work Study Program
Enables high school students to attend school four days a week and work one day a week to gain professional experience and graduate with career readiness.
Economic Justice Program (EJP)
Provides culturally specific, trauma-informed financial literacy training and small business development support to immigrant and Latinx survivors of domestic and sexual violence.
From Home Isolation to Community Integration Seniors Program
Provides counseling, social service support, and substance use services to seniors aged 55+ in public housing and the broader community.
Housing Opportunities and Professional Enrichment (HOPE)
Equips unemployed and underemployed individuals experiencing homelessness, primarily from BIPOC communities, with skills training and resources for economic mobility.
JA in a Day
Brings business volunteers into elementary schools for a day-long program to teach financial literacy and entrepreneurship to K-12 students.
Resolution Fellowship
Supports young people in developing leadership skills and becoming community leaders through mentorship and project-based learning.
Students-Teaching-Students: A Financial Literacy Program
Trains college students to teach financial literacy to their peers and families, focusing on low-to-moderate income communities.
activities · 7 groups

What they do

  • Financial Aid and Scholarship Access Programs 3 activities
    • Funding college access trips for middle school students
      Funds college access trips that enable 8th-grade students to visit out-of-state colleges and stay overnight on campus to increase postsecondary awareness.
    • Funding high school work-study programs
      Funds a work-study program that enables high school students to attend classes four days a week and gain paid work experience on the fifth day, supporting graduation with professional skills.
    • Funding peer-led financial literacy at community colleges
      Funds a peer-led financial literacy program targeting low-to-moderate income students and families at Miami Dade College to improve financial awareness and decision-making.
  • Flexible Grants to Grassroots Organizations 2 activities
    • Funding workforce development for homeless and BIPOC populations
      Funds a workforce development program that helps unemployed or underemployed individuals experiencing homelessness—primarily BIPOC populations—gain skills and resources for economic mobility and self-sufficiency.
    • Funding youth leadership fellowships
      Funds a fellowship program that supports youth in developing leadership skills and becoming active community leaders.
  • Mental Health Research and Services Funding 1 activity
    • Funding counseling and support services for seniors
      Funds a program that provides counseling, social service support, and substance use services to seniors aged 55+ in public housing and the broader community.
  • Teacher & Classroom Innovation Grants 1 activity
    • Funding experiential entrepreneurship education for elementary students
      Funds a one-day experiential learning program that connects business professionals with elementary schools to teach entrepreneurship and financial literacy.
  • Public School Support Fundraising 1 activity
    • Funding financial literacy programs for K–12 students
      Funds financial literacy programs that equip K–12 students with foundational personal finance knowledge and skills.
  • Fundraising and Financial Support for IDD Services 1 activity
    • Funding training for first responders on autism awareness
      Funds training initiatives that equip first responders with skills to identify and appropriately assist individuals with autism during emergencies.
  • Women's Rights and Empowerment Grants 1 activity
    • Funding trauma-informed financial empowerment for survivors of violence
      Funds a trauma-informed financial empowerment program for immigrant and Latinx survivors of domestic and sexual violence, supporting financial independence through literacy and entrepreneurship training.
financials · form 990PF · fy2024
revenue
Total revenue$905K
Contributions & grants$547K61%
Program service revenue
Investment income$144K16%
Other revenue$214K
expenses
Total expenses$125K
Program expenses
Admin / overhead
Fundraising
Salaries & benefits$0
Grants paid out$446K
balance sheet
Total assets$4.49M
Cash
Investments
Liabilities
Net assets$4.47M
4 years on record · 2020–2024 · YoY revenue +15.0%
leadership · form 990 part vii · fy2024

Who runs it

board members · 8
  • BEATRIZ POLHAMUS — EXECUTIVE DIRECTOR, DIRECTOR
  • BERTHA ROZIER — DIRECTOR
  • EDUARDO J NEGRON — TREASURER, DIRECTOR
  • IGNACIO ALVAREZ ZATARAIN — DIRECTOR
  • ISRAEL VELASCO — DIRECTOR
  • JAVIER D FERRER — DIRECTOR
  • MANUEL CHINEA — VICE CHAIRMAN, DIRECTOR
  • RICHARD CARRION — CHAIRMAN, DIRECTOR
relationships · 12

Who they work with

  • AUTISM HERO PROJECT Partner — Receives funding for training first responders to interact effectively with individuals with autism.
  • CENTER FOR FINANCIAL TRAINING INC Partner — Receives funding for a peer-led financial literacy program at Miami Dade College.
  • CHAPMAN PARTNERSHIP INC Partner — Receives funding for a workforce development program serving individuals experiencing homelessness.
  • CREO COLLEGE PREPARATORY CHARTER SCHOOL Partner — Receives funding for college access trips for 8th-grade students.
  • CRISTO REY MIAMI HIGH SCHOOL Partner — Receives funding for an integrated education and work model serving high school students.
  • CRISTO REY NEW YORK HIGH SCHOOL Partner — Receives funding to support a corporate work study program for high school students.
  • JUNIOR ACHIEVEMENT MIAMI Partner — Receives funding for a business volunteer-driven educational program in elementary schools.
  • JUNIOR ACHIEVEMENT OF NEW YORK Partner — Receives funding for K–12 financial literacy programming.
  • NETWORK FOR TEACHING ENTREPRENEURSHIP Partner — Receives funding for an aspiring entrepreneurs program for youth.
  • RESOLUTION PROJECT INC Partner — Receives funding to support youth leadership development through its fellowship program.
  • THELMA GIBSON HEALTH INITIATIVE Partner — Receives funding for a senior services program providing counseling and substance use support.
  • VIOLENCE INTERVENTION PROGRAM INC Partner — Receives funding for a financial justice program serving survivors of domestic and sexual violence.
strategies · 2

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Trauma-Informed Financial Empowerment
    methodology: trauma-informed-financial-empowerment
    By delivering financial literacy and entrepreneurship programs through culturally specific and trauma-informed frameworks, marginalized survivor populations are more likely to engage and build economic stability because the approach acknowledges historical and systemic harms and fosters psychological safety.
  • Work-Integrated Learning
    methodology: work-integrated-learning
    By integrating classroom education with real-world employment experiences, students achieve better learning outcomes and workforce readiness because applied practice reinforces academic knowledge and builds professional skills.