Fondazione Cariplo

Source: Wikipedia, the free encyclopedia.

Fondazione Cariplo
PredecessorPhilanthropic activities of the Cassa di Risparmio delle Provincie Lombarde (founded in 1823)
FormationDecember 1991
Typecharitable foundation (fondazione di origine bancaria)
Headquartersvia Daniele Manin 23 - 20121 Milan, Italy.
Location
  • Milan, Italy
Secretary General
Sergio Urbani [1]
President
Giovanni Fosti
Budget
Assets 6.55 billion euros;[2] distribution 140,465,613.49 euros to 986 beneficiaries (2012)[3]
Staff
61 [4]
Websitewww.fondazionecariplo.it

Fondazione Cariplo is a

Cariplo, was divided into the Fondazione Cariplo and Cariplo SpA, the bank, which merged with Ambroveneto in 1998.[5]

As at 31 December 2014, the organisation had a shareholders equity of €6,889,487,562.[6]

Fondazione Cariplo is part of the Partner Circle of the Foundations Platform F20, a global network of foundations and other philanthropic organizations.[7]

Bank ownership

At the end of year 2000, the foundation held 9.87% shares of Banca Intesa (fell from 18.55%[8] circa before the merger of Intesa with Banca Commerciale Italiana) as well as 2.77% shares of Sanpaolo IMI.[9] on 31 December 2006, the day before the merger of Intesa and Sanpaolo, the foundation was the second largest shareholder of Intesa after Crédit Agricole.[10]

After the merger, the foundation fell to 5th largest shareholder for 4.68% of the shares of Intesa Sanpaolo (on 31 December 2007).[11] However it increased to third largest shareholder on 31 December 2014, after Compagnia di San Paolo (9.506%) and BlackRock (which acted as a fund manager for their client, 4.897%) The three other major shareholders with >2% were Ente Cassa di Risparmio di Firenze 3.248%, and Fondazione Cassa di Risparmio di Padova e Rovigo (4.162%), as well as Norges Bank at 2.032%.[12]

Other investments

Fondazione Cariplo was the largest shareholder (37.65%) of Quaestio Holding, the parent company of Quaestio Capital Management SGR,[13] which was an Italian private equity fund manager. In turn, Fondazione Cariplo was one of the clients of the manager, as the owner of the units of QUAMVIS S.C.A., SICAV-FIS - FUND ONE

See also

References

  1. ^ Retrieved 2013-12-01 http://www.fondazionecariplo.it/it/la-fondazione/organi/il-segretario-generale.html.
  2. ^ 31/12/2012 http://www.fondazionecariplo.it/it/la-fondazione/patrimonio/patrimonio.html.
  3. ^ In 2012 financial report page 80 http://www.fondazionecariplo.it/static/upload/bil/bilancio-2012web.pdf.
  4. ^ 2012 financial report page 15 http://www.fondazionecariplo.it/static/upload/bil/bilancio-2012web.pdf.
  5. ^ Bernardino Casadei, Diana Leat (August 2001). Case studies of organizations supporting community foundations: Fondazione Cariplo Foundation. Wings-CF. Archived 9 May 2006.
  6. ^ "BILANCIO DI MISSIONE ESERCIZIO 2014" (PDF). 5 May 2015. Retrieved 28 July 2016.
  7. ^ "F20 – For a transformation that leaves no one behind – F20 – For a transformation that leaves no one behind". Retrieved 18 November 2020.
  8. ^ "Archived copy" (PDF). Archived from the original (PDF) on 5 March 2016. Retrieved 24 March 2015.{{cite web}}: CS1 maint: archived copy as title (link)
  9. ^ "Connection denied by Geolocation" (PDF).
  10. ^ "Banca Intesa Annual Report 2006". group.intesasanpaolo.com. Retrieved 28 July 2016.
  11. ^ "Intesa Sanpaolo Annual Report 2007". group.intesasanpaolo.com. Retrieved 28 July 2016.
  12. ^ http://www.group.intesasanpaolo.com/scriptIsir0/si09/contentData/view/content-ref?id=CNT-05-0000000259B29[permanent dead link]
  13. ^ "BILANCIO DI MISSIONE ESERCIZIO 2015" (PDF) (in Italian). Fondazione Cariplo. 4 May 2016. Retrieved 27 December 2016.

Further reading

  • N. Delai (2005). Valutare il non profit. Per una misurazione condivisa delle attività associative. Pearson Paravia Bruno Mondadori.
  • Philipp Hoelscher (2006). Le fondazioni comunitarie in Italia e Germania. Maecenata Verlag.
  • Pier Luigi Sacco (2006). Il fundraising per la cultura. Meltemi Editore.
  • Greg Clark, Debra Mountford (2007). Investment strategies and financial tools for local development. Organisation for Economic Co-operation and Development.