Fondazione Cariplo
Charitable foundation in Milan, Italy / From Wikipedia, the free encyclopedia
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Fondazione Cariplo is a charitable foundation in Milan, Italy. It was created in December 1991 when the Amato law, Law no. 218 of 30 July 1990, came into force. Under this law, saving banks were required to separate into a not-for-profit foundation and a commercial banking arm. The Cassa di Risparmio delle Provincie Lombarde, commonly known as Cariplo, was divided into the Fondazione Cariplo and Cariplo SpA, the bank, which merged with Ambroveneto in 1998.[5]
Predecessor | Philanthropic activities of the Cassa di Risparmio delle Provincie Lombarde (founded in 1823) |
---|---|
Formation | December 1991 |
Type | charitable foundation (fondazione di origine bancaria) |
Headquarters | via Daniele Manin 23 - 20121 Milan, Italy. |
Location |
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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] |
Website | www |
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]