| Description of Property | Date Acquired | Cost or Other Basis | Prior Years' Depreciation | Computation Method | Rate / Life (# of years) |
Current Year's Depreciation Expense | Net Investment Income | Adjusted Net Income | Cost of Goods Sold Not Included |
|---|
| Grantee's Name | Grantee's Address | Grant Date | Grant Amount | Grant Purpose | Amount Expended By Grantee | Any Diversion By Grantee? | Dates of Reports By Grantee | Date of Verification | Results of Verification |
|---|---|---|---|---|---|---|---|---|---|
|
MAKE MUSIC HAPPEN BERKLEE IN PR |
CALLE A 453 SUITE 1 SAN JUAN,PR00920 |
2021-11-15 | 20,000 | Music education services to young people with talent for music under the Berklee in PR program. | 20,000 | NO | 6/23/2022 | 2022-06-23 | TO THE KNOWLEDGE OF THE FOUNDATION, AND BASED UPON THE REPORTS FURNISHED BY THE GRANT RECIPIENT, NO PART HAS BEEN USED FOR OTHER THAN ITS INTENDED PURPOSE. |
|
PARA LA NATURALEZA |
155 CALLE TETUAN SAN JUAN,PR00901 |
2021-09-16 | 150,000 | Agroecology and self-guided hiking trails. | 97,572 | NO | 2/13/2023 | 2023-02-13 | TO THE KNOWLEDGE OF THE FOUNDATION, AND BASED UPON THE REPORTS FURNISHED BY THE GRANT RECIPIENT, NO PART HAS BEEN USED FOR OTHER THAN ITS INTENDED PURPOSE. |
| Identifier | Return Reference | Explanation |
|---|---|---|
| LINE 1, GOLF TOURNAMENT | LINE 1, GOLF TOURNAMENT | The Liberty Foundation Golf Invitational is the Foundation's key fund-raising event. The tournament has been raising funds for community organizations in Puerto Rico since 1996, when it raised $19,000 for the Hogar San Jos in Luquillo. Since then, the event has raised over $3 million for nonprofit organizations throughout the island, including this year's donation. In 2021, the event included a record-breaking donation of $600,000 for 27 nonprofit organizations in Puerto Rico and the United States Virgin Islands. |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| GIFTS - EVENT | 86,922 | 0 | 0 | 86,922 |
| HOTEL - EVENT | 44,843 | 0 | 44,843 | |
| ENTERTAINMENT - EVENT | 11,169 | 0 | 0 | 11,169 |
| PRIZES - EVENT | 10,948 | 0 | 10,948 | |
| MEALS - EVENT | 2,074 | 0 | 2,074 | |
| BANK CHARGES | 4,782 | 0 | 0 | 4,782 |
| ADVERTISING - EVENT | 1,712 | 0 | 1,712 | |
| TRANSPORTATION - EVENT | 1,700 | 0 | 1,700 | |
| INSURANCE - EVENT | 855 | 0 | 0 | 855 |
| PHOTOS - EVENT | 850 | 0 | 850 | |
| OTHER EXPENSES | 9,945 | 0 | 9,945 | |
| OTHER EXPENSES - EVENT | 14,334 | 0 | 0 | 14,334 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROFESSIONAL SERVICES | 23,340 | 23,340 | ||
| PROFESSIONAL SERVICES - EVENT | 38,355 | 38,355 |