Italy
Source of information
Association of Italian Foundations and Savings Banks (ACRI)
Definition

A foundation is a non-for-profit, private, autonomous entity whose mission is public benefit and promotion of economic development.

Number of foundations

6220 public-benefit foundations (2013)

Pool of assets

€ 64,300 million

Total expenditure

€1,013 Million (2016)

Employment

1,014

More on the sector

Association of Italian Foundations and Savings Banks (ACRI)
Instituto Italiano della Donazione(Italian Insitute for Donation)
Institute for Studies and the Development of Non-profit Organisations(ISSAN)
University of Bologna – Master in International Studies in Philanthropy(MISP)
Philanthropy and Social Innovation, University of Bologna (PHaSI)

Further reading
EUFORI STUDY : European Foundations for Research and Innovation : Italy Country Report, European Union, 2015
Piemonte12 – Associazione della Fondazioni di origine bancaria del Piemonte : Undicesimo rapporto sulle attivita delle Fondazioni bancarie in Piemonte, 2014
Italian foundations (IT), Italian National Institute of Statistics (ISTAT), 2005