Introduction

The Italian Foundations of Banking Origin are non-profit, private and autonomous entities which engage solely in socially-oriented and economic development undertakings. They are 88 and they have substantial resources available, which are deployed in diversified, prudent and profitable investments. They use the income generated by the careful management of these investments to accomplish their institutional purpose, which is to provide support to various collective-interest sectors (art and culture, education, research, support to the underprivileged, local community development, etc…) through projects implemented both directly and exclusively by private or public non-profit entities.