Promotes cultural, civil, and economic development initiatives.
Fondazione Compagnia di San Paolo, established in 1563 in Turin, Italy, is one of Europe's largest private foundations. It focuses on promoting cultural, civil, and economic development, primarily in northwestern Italy. The foundation aligns its work with the UN's 2030 Agenda and Sustainable Development Goals, structuring its activities around three main goals: Culture, People, and Planet. The foundation's endowment is valued at approximately €7 billion, with an annual grant-making budget of over €180 million. It supports a wide range of initiatives through various funding mechanisms, including calls for proposals, guidelines, and direct actions. Compagnia di San Paolo's funding criteria prioritize projects that align with its strategic goals and demonstrate potential for sustainable impact. The foundation does not typically disclose specific funding amounts for individual projects, as these vary based on the nature and scope of each initiative. Recent projects supported by the foundation include the "Next Generation We" program, which allocated €9.5 million to enhance project capabilities of local institutions in preparation for Italy's National Recovery and Resilience Plan. The foundation also invests significantly in its auxiliary bodies, such as Ufficio Pio and Fondazione per la Scuola, which carry out specialized missions in social welfare and education.