Fomento de Fundaciones Projects

Interest-free or special interest rate loans are granted to sustainable nonprofit entities and organizations capable of generating resources to meet the agreed repayments. This assistance program is primarily directed toward acquiring, constructing, or renovating facilities. Support for various projects includes both financial and technical aid.

Equipment grants target nonprofit institutions needing more resources to acquire the necessary equipment to achieve for their institutional goals. Contributions are provided for purchasing various types of equipment, such as transportation elements and other essential items which are crucial for the proper functioning of the facilities being promoted or for the viability of professional training programs. This program also supports educational and cultural institutions for establishing libraries and editorial projects. Grants are given under a cost-sharing arrangement, where the beneficiary commits to contributing or securing the remaining portion of the equipment’s total cost.

In line with the objectives outlined in its Bylaws, Fomento de Fundaciones aims to support by advising and fostering economic collaboration from individuals and entities towards Foundations or Associations promoting cooperation for development, cultural promotion and solidarity initiatives, both nationally and internationally.

Some of the most relevant projects of Fomento de Fundaciones are: