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

A foundation is a non-profit organisation with an endowment dedicated to a specific scope.

Number of foundations

6,220 public-benefit foundations (ISTAT 2011, published in 2013)

Pool of assets

€90,000 million

Total expenditure

€9,950 million

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