The support provided by Intesa Sanpaolo to the communities in which it operates is also carried out through contributions aimed primarily at:
solidarity projects or initiatives (charitable initiatives, international cooperation and projects in developing countries and missionary work);
social intervention (support to fragile, emarginated or needy persons or people in need, health assistance and research; support for professional training and initiatives in the area of higher and technical education);
cultural intervention (projects with a specific educational content.
Donations to the community are issued:
centrally, through a special Fund for charitable, social and cultural donations, on the basis of biennial guidelines that define the piority issues for the access to the resources and an annual plan which specify the breakdown modes;
by the Group’s Banks operating through their own charitable fund;
through local donations managed in a decentralized way by Regional Departments and by the Group’s Banks which do not have their own charitable fund or not provided with adequate resources;
by the International Subsidiary Banks.
The management of the Fund and of the social and cultural initiatives was placed under the direct responsibility ofthe Chairman of the Board of Directors and is governed by a Regulation which provides renewed mechanisms for selecting the organisations and the projects proposed. The selection is open to specific projects with clear social impact and analysing the proven ability of the organisations to achieve the goals declared, thanks to previous experiences. A rotation mechanism was then introduced, which guarantees the widest and most flexible use of the Fund and, in particular, a maximum of three consecutive years of support for the same project, subject to verification of the results achieved. The coordination of the activities of the local Funds of the Group’s banks in Italy and abroad is carried out by the Chairman's Technical Secretariat.
In the 2017-2018 Guidelines of the Charity Fund, approved by the Board of Directors, the privileged areas of intervention are the Social and Environmental Areas, to which most of the available funds have been allocated (72% of the disbursements in 2018), while a more contained incidence is foreseen for the disbursements in favor of the Cultural interventions, of the Religious and charitable projects and finally for the Research area.
In 2018, the Fund for charitable, social and cultural donations of Intesa Sanpaolo has disbursed 12 million euro in support of over 900 projects carried out by non-profit organisations.
The goal of allocating a high share of resources (> 70%) for donations to support projects in favor of the weaker sections of the population, operating according to a more stringent selection mechanism in relation to the quality of projects and counterparts, was more than exceeded, reaching an incidence of almost 92%.
The collaboration with the International Subsidiary Banks Division continued to identify specific initiatives in favor of the communities and territories in which the Group operates, with the objective of covering all the countries in which the subsidiaries are present on a rotating basis. During 2018, attention was paid to Romania and Serbia, identifying a common target: children in difficulty. The projects supported concern for Romania, the socio-health rehabilitation of children in vulnerable conditions in the district of Alba Iulia, Transylvania by “Medici per la Pace” and formal and informal education in favor of street children in Bucharest by “Parada Association”; for Serbia, a family strengthening program in Obrenovac organized by SOS Children's Villages and a parenting support program in different rural municipalities organized by the Djokovic Foundation. The collaboration started has the purpose of spreading new methods for selecting and monitoring projects to the foreign banks, based on the initiatives implemented by the Parent Company. Projects have been given visibility through internal communication activities.
Initiatives that present commercial and promotional value for the Bank and the Group cannot be the subject of donation.
Among the beneficiaries of our donations the policy excludes:
Associations and organizations that are not legally recognized, recreational groups;
Service Clubs, such as Lyons, Rotary, etc.;
Entities involved in litigation matters that concern the lack of respect for human rights, peaceful coexistence, environmental protection;
political parties, political movements and their organizational structures;
Schools and local government agencies may benefit from financial contributions only for specific initiatives particularly important in social, cultural or scientific field.