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Italian institutional philanthropy: challenges and opportunities

Italian institutional philanthropy: challenges and opportunities. Stefania Mancini WINGSForum, November 18th, 2010. The philanthropic sector in Italy. Up to the start of ’90s the phenomenon existed but was not widely-perceived.

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Italian institutional philanthropy: challenges and opportunities

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  1. Italian institutional philanthropy: challenges and opportunities Stefania Mancini WINGSForum, November 18th, 2010

  2. The philanthropicsector in Italy • Up to the start of ’90s the phenomenon existed but was not widely-perceived. • Between 1996 and 2005 were created the 48% of the foundations taken in census by ISTAT.

  3. Growth and diversification: 1.the bank foundations Beginning of the 1990s creation of: 88 grant-issuing foundations of banking origin, Assets (year 2008): total assets around € 48.8 bn 7 foundations with assets exceeding €1 bn 3 foundations with assets exceeding €5bn

  4. 2. the other grant-issuing foundations Last 10 years’ evolution: grant-making foundations by large companies growth of family foundations new community foundations

  5. Institutional philanthropy in the context of the Italian NP sector NP sectordevelopment in the ‘80s: Typeofactivities Legalforms NP sectorbased on the outsourcing of services ↓ Italian Welfare system

  6. The crisis of the welfare state: opportunities and risks Crisis is spreading further and further in Italy: - fewer public resources - a latest surge in poverty The critical position of grant-issuing foundations sought out by PAs and NPOs

  7. What strategies and what actions? Crisis ↓ Foundations’ hugeresponsibility CooperationOperate by pooling Infrastructure-building initiatives in the NPsector Assessment tools Building strategies and programs jointly with non-profit groups and PAs

  8. Improving ourselves to improve our work Hard work in comingyears: Foundationshaveto becomebearerofvision-messages-proposals; Developtheirprofessionallevels; Create a common front and work together Develop the culture ofcitizenship, commitment,responsibility and solidarity

  9. ASSIFERO This is the plan adopted by Assifero. It is the reference point for institutional philanthropy in Italy Assist grant issuing entities and those who would like to start new ones 58 members – 50% community foundations

  10. Assifero and the future of the Institutional Philanthropy in Italy Fostering the growth of the kind of trust that is at the heart of social capital and the development of every community. Disseminate a new set of indicators based also on trust, motivations, civic responsibility, humanity.

  11. Assifero Via Monte di Pietà, 12 20121 - MILANO Tel. +39 02.321.68.601 Fax +39 02.321.68.630 info@assifero.org www.assifero.org

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