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The economic
contributions to the Ashford Presbyterian Community Hospital (APCH)
Foundation Fund will perpetuate the financial health of El Presby and
will allow that the legacy of excellence in hospital-medical services
that began in 1904 will continue. The APCH Foundation Fund is managed
by the Puerto Rico Community Foundation, a nonprofit organization
established in 1985.
The Puerto Rico
Community Foundation serves as custodian and financial administrator
for the ACPH Foundation Fund. The Puerto Rico Community Foundation also
provides professional services, to maintain and to maximize the value
of our foundation fund.
The Puerto Rico Community Foundation (PRCF) was established as a
nonprofit philanthropic organization whose purpose is to support
processes of change in the communities of Puerto Rico. The FCPR has
served as philanthropic advisor for individuals, corporations, and
nonprofit organizations in order to support processes of transformation
within the community. Part of these efforts encompass providing support
to communities in Puerto Rico with over 40 million dollars in donations
and technical assistance channeled through nonprofit organizations of
communitarian reach, such as the APCH Foundation Fund.
PROCEDURE
All economic
contributions sent to the APCH Foundation Fund shall be directed to the
Puerto Rico Community Foundation, indicating in the provided space
(lower left part of checks) that it is in favor of the Ashford
Presbyterian Community Hospital Foundation.
Each contribution
received by the Puerto Rico Community Foundation that is directed to
the APCH Foundation Fund will be confirmed by letter, via certified
mail. This confirmation will serve as a receipt for the corresponding
income tax deductions for the tax year in which the donation was made.
TAX BENEFITS - INDIVIDUALS AND CORPORATIONS
Several tax
benefits exist in favor of those organizations, corporations, and
individuals that contribute to the ACPH Foundation Fund. On September
23, 2004 Law 463 was approved, creating a special tax deduction for the
benefactors of the Puerto Rico Community Foundation.
Your charitable donation to the ACPH Foundation Fund may qualify for
these benefits. Ask your financial advisor or accountant.
DONATIONS 
Please call Mrs. Jocelyn Padín (787) 721-2160 Ext. 6508, email address
jpadin @ presbypr.org or send your donation to Planning and Development
Office at PO Box 9020032 San Juan, PR 00902-0032.
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