Charitable Fund: focus on women, youth and the educational and digital divide
Intesa Sanpaolo's Charitable and Social and Cultural Works Fund, under the Chairmanship of the Bank, will have resources of €23.4 million to disburse to non-profits in 2024 (+15% compared to 2023), with a focus on three main areas of activity:
- support for women and minors who are victims of violence
- combating educational poverty and the digital divide
- support for NEETs (young people neither studying nor working) and ELETs (young people leaving school or training early)
as set out in the Fund's 2023-2024 two-year guidelines.
“Intesa Sanpaolo is an institution with an unparalleled contribution to communities. The Charitable Fund has been contributing to this goal for some time and in 2024 will focus resources – over €23 million – on narrowing the social, educational and digital gaps that limit the full development of Italy and its people. A commitment made possible by the excellent results achieved by the Bank, which puts part of its profits towards solidarity and charity efforts.”
Gian Maria Gros-Pietro, Chairman of Intesa Sanpaolo
Absolute poverty has reached an all-time high in Italy: according to the latest ISTAT data, more than 2,234,000 families (8.5% of the total) are unable to pay for groceries, rent, utility bills and medical care.
As a concrete response to growing inequality, over the past five years Intesa Sanpaolo's Charitable and Social and Cultural Works Fund has disbursed €77.6 million in support of 3,855 projects. In 2023 alone, the Fund disbursed around €18.9 million with 912,000 direct beneficiaries through more than 700 non-profit organisations.
With 2,272 projects evaluated in 2023 (+11% vs. 2022), the Fund remains a key player in philanthropy in Italy.
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Last updated 15 April 2024 at 07:37:10
