Orlando Bravo commits $10 million for hurricane relief in Puerto Rico

The Bravo Family Foundation has announced a $10 million commitment from co-founder and private equity investor Orlando Bravo to bolster support for Hurricane Fiona relief efforts across the island, targeting the most affected communities and other vulnerable populations.

In partnership with community leaders, the foundation is providing immediate aid to six communities—Mayagüez, Salinas, San Germán, Cayey, Loíza, and Cabo Rojo—which it serves through existing programs, as well as other regions across the island devastated by the storm. The foundation and its partners established a communication network to identify the most pressing needs within these communities and is focusing on adults over the age of 65, families with children, and people with disabilities, with the aim of supporting more than 3,000 families across Puerto Rico.

In response to Hurricane Maria in 2017, Bravo—a founder and managing partner of the Thoma Bravo private equity firm—contributed $10 million for immediate relief efforts in Puerto Rico, followed in 2019 by a $100 million commitment in support of efforts to promote entrepreneurship and economic development there through training programs in economics, business, and technology, specifically aimed at developing young entrepreneurs and community leaders.

“In these instances where my hometown is once again experiencing a natural disaster, the least I can do is support the relief efforts,” said Bravo, who was born in Mayagüez. “This donation seeks to alleviate some of the pain for Puerto Ricans who were only just starting to recover from previous hurricanes, earthquakes and the COVID-19 pandemic.” He continued, “[A]t this moment, we need to get back to basics and help those most affected by this hurricane return to normalcy as soon as possible.”

(Photo credit: Wikipedia/NASA Suomi NPP)