[5] He also owned a significant amount of land in barrio Segundo, north-west of the city of Ponce proper, which he later donated for the construction of a hospital and shelter.
[9][10] He saw the aqueduct as an investment and his plan was that money obtained from the sale of water to city residents and local businesses and industry could be used for the maintenance of the hospital.
[12] On 7 March 2003, the Legislative Assembly of Puerto Rico approved Senate Bill 1812 declaring November 15 of each year as “Philanthropy Day,” to acknowledge and promote valuable and generous philanthropic action of citizens on behalf of the People of Puerto Rico.
[7] It declared that "the Spanish gentleman, Mr. Valentín Tricoche, to mention an example of the past, represents the power of philanthropy and civic value of those who practice the same.
Don Valentín provided the city of Ponce with an important public hospital that carries his name, as well as the Alfonso XII aqueduct, a beautiful structure that still exists today, and which, for many years, served the southern population."