Intesa Sanpaolo Charitable Fund: 2025 endowment rises to €24.5mln
12 March 2025
The endowment of Intesa Sanpaolo's “Fund for charitable, social and cultural contributions" - that is under the Bank's chairmanship - will rise to €24.5 million in 2025.
The Fund 2025-2026 Guidelines have also been defined, identifying the following priority topics for action:
- proximity health welfare, through support in accessing social and health services for people lacking an adequate network, support for families with non-self-sufficient or frail persons and the creation of health units and centres, including mobile ones, complementary to the National Health System (NHS) and managed by Third Sector entities
- enhancing the potential of southern Italy and the islands, combating school drop-outs, developing inland areas and supporting youth entrepreneurship in these territories
- social inclusion of migrants and refugees in a socially, economically, psychologically and linguistically fragile state, to promote effective and sustainable integration, with a specific focus on reception and inclusion, education and training, and job placement.
Intesa Sanpaolo’s Articles of Association provide for the allocation, through the “Fund for charitable, social and cultural contributions", of a share of the distributable profits to supporting projects concerning solidarity, social welfare and value of people.
"Intesa Sanpaolo has long set its commitment to those who are economically, socially, and health disadvantaged as a key element of its being a bank. The Charitable Fund plays a special role in this area and will again in 2025 concentrate its resources - over €24 million - on programmes aimed at reducing the social and educational gaps that limit the full development of people and the country as a whole. Over the next two years, particular attention will be paid to health welfare, reception and inclusion”
Gian Maria Gros-Pietro, Chairman of Intesa Sanpaolo
Since 2016, the Charitable Fund has disbursed €130 million to 7,700 projects, targeting people and families in need, young people and women, to bridge the educational and digital divide, fight poverty and provide a concrete response to growing inequalities.
In 2024, approximately €23 million was disbursed (+22% vs 2023) with 934,000 direct beneficiaries mostly in the country (89% of the total): 44% in the North, 25% in the Centre, 31% in the South and the islands. With 2,325 applications assessed (approximately +2% compared to 2023), the Charity Fund confirms its position as a benchmark in the field of philanthropy in Italy with humanitarian-type interventions in foreign countries with a low or medium Human Development Index and in poor or emerging countries struck by natural disasters.
Project applications must be submitted via the Fund's platform.
