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Home > About GDB > Affiliates > Children’s Trust Fund

Children’s Trust Fund

On July 30, 1999, the Commonwealth of Puerto Rico created the Children’s Trust Fund, with the monies from the settlement of claims against tobacco companies and it is funding over 90 highly stimulating programs for Puerto Rican families. The Children’s Trust is governed by a board of directors. The GDB is in charge of providing all of the Trust Fund’s staff while serving as its disbursement agent and financial advisor.

The Children’s Trust fund administers a broad-based program of special projects geared to improve the quality of life for young people and their families through sports, recreational, social and cultural activities.

Contact Information

Fernando L. Batlle
Executive Director
Tel. (787) 722-2525 x-2036/2037
Fax (787) 723-7388

Official Statements

Children’s Trust - $195,878,970.40
Tobacco Settlement Asset-Backed Bonds, Series 2008
consisting of $139,003,082.40 Series 2008A and $56,875,888.00 Series 2008B

Children’s Trust - $1,171,200,000
Tobacco Settlement Asset-Backed Bonds, Series 2002

Financial Statements

June 30, 2007

Credit Ratings

  Moody's Standard & Poor's Fitch
Tobacco Settlement Asset-Backed Bonds, 2008 - Series A
N/R N/R BBB-
Tobacco Settlement Asset-Backed Bonds, 2008 - Series B
N/R N/R BB
Tobacco Settlement Asset-Backed Bonds, Series 2002
A1 A A+
 
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