FirstBank convenes 62 nonprofits to strengthen impact
FirstBank hosted the second edition of its Inspira, Actúa, Impacta Summit, bringing together 62 nonprofit organizations for a day of training and discussion focused on operational and financial management.
The bank said the event forms part of its community reinvestment efforts and is intended to provide a setting where organizations can access technical guidance and exchange information.
According to FirstBank, the summit brought together groups that work in different areas but share similar administrative and funding challenges.
The program included sessions on leadership, financial sustainability, resource management and institutional development. The agenda featured presentations, panels and case studies intended to give participating organizations tools to strengthen their operations.
“At FirstBank, we believe in the power of collaboration and the importance of supporting and strengthening those who transform our communities,” said Sara Álvarez-Cabrero, executive vice president and general legal counsel.
“This summit is part of our institutional commitment to community reinvestment and the sustainable development of Puerto Rico,” she said.
The program included a “Success Stories” panel that highlighted the work of Plenitud PR and Fundación Monte Azul, which presented their community projects and organizational strategies.
“Spaces like this summit are essential to strengthen our capacities and continue to multiply the impact of our initiatives,” said Owen Ingley, executive director and co-founder of Plenitud PR. “Education and partnerships are key to achieving sustainable change.”
Thalía Sosa, business development specialist at Fundación Monte Azul, said the summit underscores the role of coordination in nonprofit work.
“FirstBank’s support reaffirms that we’re not alone in the task of transforming lives,” she said. “These types of efforts inspire us to continue innovating and contributing to the economic and social development of our rural communities.”
The summit also drew participation from representatives of the Federal Reserve Bank of New York, Enterprise Community Partners and Asesores Financieros Comunitarios, reinforcing the message that coordinated efforts and strategic alliances are essential to accelerating social impact.
