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Max Funding

Up to $5K

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Due Date

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Rolling

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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

1FirstBank Puerto Rico

The Community Reinvestment Program

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 

impactosocial@firstbankpr.com


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.

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FOUNDATION NAME

1FirstBank Puerto Rico

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FUNDER TYPE

Corporate

CONTACT

Email: impactsocial@firstbankpr.com
Phone: 787-725-2511

MORE INFO

Grantor Information

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