More than 342,000 beneficiaries in 2024 and over one million lives impacted in five years
Houston, 30 October 2025 – The Simón Bolívar Foundation Inc., CITGO Petroleum Corporation’s 501(c)(3) nonprofit, private foundation, today announced the release of its 2024 Annual Report, reaffirming its commitment to transparency, accountability, and its mission to improve the health and well-being of the most vulnerable populations affected by disasters, conflict and poverty, with special attention to mothers and children.
In 2024, the Foundation committed $6.14 million to high impact and NGO grants, in addition to $867,124 in conditional grants. Through these grant agreements, the Simón Bolívar Foundation will benefit more than 342,000 vulnerable individuals through the delivery of more than 430,000 medicines and vitamins, 184,000 meals, and strategic partnerships with academic and health institutions to strengthen local capabilities.
Since 2020, the Foundation has transformed the lives of more than one million people across 12 countries through humanitarian health initiatives directed at vulnerable communities, with a special focus on supporting mothers and children. Its work has also included capacity-building and knowledge-transfer programs that have helped empower community workers and healthcare professionals.
“We never anticipated that within just five years we would reach the lives of more than one million vulnerable individuals through our work and partnerships. This milestone reflects the dedication of our team, the trust of our partners and the resilience of the communities we serve,” said Mariela Poleo, President of the Simón Bolívar Foundation.
The Simón Bolívar Foundation has signed more than 100 grant agreements in five years for the development and implementation of high-impact programs that have significantly expanded its reach. “It has been a journey of learning, adaptation and success. In just a few years, the Foundation has significantly increased its impact by strategically focusing its efforts and resources,” added Andrés Padilla, Member of the Board of Directors of the Simón Bolívar Foundation. This is the fifth consecutive Annual Report published by the Foundation as part of its commitment to transparency, accountability, and strong corporate governance.
Learn more about the Foundation and its 2024 Annual Report.
About the Simón Bolívar Foundation
The Simón Bolívar Foundation, Inc. is the 501(c)(3) nonprofit, private foundation of CITGO Petroleum Corporation. The Foundation supports charitable initiatives, leverages existing resources, and provides grants to qualified organizations to meet the immediate and long-term health needs of the most vulnerable individuals, particularly in and from Venezuela, with a special focus on the health and well-being of children and their mothers.