Maria C Alonso Connects Bank With Community Through Philanthropy
Written by Miami Today on July 17, 2008
As local market development manager for Bank of America, part of Maria Alonso’s job is to connect the bank with the community. As chair of the Greater Miami Chamber of Commerce, a role she is in line to hold in two years, she’ll do the same for local businesses.
The bank’s Miami-Dade giving priorities — education, arts and culture, and community revitalization — also line up with chamber initiatives. Though the economy is slowing, charitable giving on the part of Bank of America is not, Ms. Alonso said.
In her five years as market development manager, she has succeeded in maintaining the bank’s long-term relationship with local non-profits, as well as forging new ones. The bank is set to donate globally $2 billion over the next 10 years, as well as do $1.5 trillion worth of community development lending and investing. As one of the bank’s top 10 markets, Miami is to see a slice of the pie.
"The most challenging part of my job is that the need outweighs the resources," Ms. Alonso says. She was interviewed in her Coral Gables office by Miami Today staff writer Risa Polansky. This is an excerpt from the weekly profile article published in Miami Today. To read the entire article in full, order this issue or subscribe to the print edition of Miami Today.