The Cariplo Foundation closed 2024 with an accounting surplus of 286 million. This is what emerges from the budget of the Lombard entity, unanimously approved by the central charity commission. The result, a note highlights, ‘has allowed the Foundation’s philanthropic activity to be funded,’ amounting to over 164 million, and to ‘allocate 90 million to the stabilization fund of disbursements.’ The budget is supported by ‘dividends collected by the Foundation,’ amounting to 354 million, of which 309 were distributed by Intesa Sanpaolo. At the end of 2024, the market value of the Foundation’s assets was 10.65 billion. ‘2024 was a year in which, in addition to carrying out that”normal administratio” (which is not so normal: donating is a very complex activity), Cariplo Foundation has matured the ideas that lead us into the future,’ said President Giovanni Azzone.
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