Supports philanthropic projects in arts, culture, environment, and research.
Fondazione Cariplo is a prominent Italian philanthropic organization based in Milan, established in 1991 following the privatization of Italian Savings Banks. The foundation focuses on four main areas: Arts and Culture, Environment, Social Welfare, and Scientific Research. With an endowment of over €8.2 billion as of December 2023, Fondazione Cariplo is one of Italy's largest charitable foundations. It operates primarily as a grant-making organization, supporting public benefit projects that address emerging issues and propose innovative solutions to societal challenges. The foundation's strategic objectives include tackling demographic challenges, climate change, poverty alleviation, employability enhancement, cultural participation, and social living. Since its inception, Fondazione Cariplo has awarded grants totaling approximately €3.7 billion, supporting over 35,000 projects. Fondazione Cariplo employs various philanthropic giving methods, including institutional grants, project-specific grants, local grants, and direct project management. The foundation also supports community foundations in Lombardy to foster local philanthropy. While specific funding criteria and typical project financing amounts are not provided, the foundation supports a wide range of initiatives annually, averaging over 1,000 projects per year. Fondazione Cariplo's commitment to creating opportunities and value for people and local communities continues to shape its philanthropic efforts across Italy and beyond.