Max Funding
Up to $5K
Due Date
Rolling

Application Type
LOI Accepted
FUNDER DETAILS
FUNDER TYPE
Corporate
FUNDING FREQUENCY
Rolling Basis
FUNDING DURATION
One-Year Grant
USE OF FUNDS
Programs/Projects
RESTRICTIONS
Not specified
ELIGIBILITY
✅ 501(c)(3) Organizations
PROGRAM AREAS
Education, Economic Development, Community Development, Environment, Housing, Human Services, Literacy
LOCATIONS
Puerto Rico
The Community Reinvestment Program will focus exclusively on initiatives that comply with Community Reinvestment Act (“CRA”) requirements. The Program will focus on serving Low and Moderate Income (LMI) individuals, families, and communities in the areas from where we do business that promotes self-help and community stabilization.
Priorities under this Program will be given to projects and programs that are developed and managed by nonprofit organizations or by a partnership between nonprofits, the private, and the public sector.
Under this Program the areas of interest will be:
Education and Financial Literacy
Housing and Economic Development
Community and Social Development
Environment and Community Revitalization
Where to Apply
The CIDF will accept requests for funding based on the programs criteria. The Compliance Department will receive the applications for the Community Reinvestment Program.
CRA Officer
Compliance Department FirstBank FirstBank PO Box 9146
Evaluations Process
The CIDF will evaluate requests based on the program categories and the amount on the application.
Applications under $2,000 will be accepted on a first come first serve.
Applications from $2,000 to $5,000 will be accepted by the 15th day of each month and decision should be made within 15 days.
Applications over $5,000 will be accepted quarterly on the 15th day of each month. Funding for this category will be responded quarterly.
Corporate Social Responsibility Program
This program supports community initiatives aligned with our focus areas: education and entrepreneurship, financial empowerment, and environmental sustainability. Applications are evaluated based on their alignment with these priorities, as outlined in the program guidelines.
Proposals must be submitted at least eight weeks before the event to
Community Development Investment Fund (CIDF)
The Community Development Investment Fund (CIDF) supports projects that meet the requirements of the Community Reinvestment Act (CRA), with a particular focus on initiatives that benefit low- and moderate-income communities. Applications are evaluated based on the amount requested and must include the required supporting documentation as outlined in the program guidelines.
Requests should be submitted to donaciones@firstbankpr.com
About The Grant
Requirements
Nonprofits having a 501(c)(3) status with the IRS.
FOUNDATION NAME
1FirstBank Puerto Rico
FUNDER TYPE
Corporate
CONTACT
Email: impactsocial@firstbankpr.com
Phone: 787-725-2511