On July 30, 1999, the government 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.
For more information on the Children's Trust as a tax-exempt securities issuer, including its most recently released financial statements, click HERE.