UniCredit Foundation is the corporate Foundation of UniCredit Group.
It is born from the merger, completed in April 2018, between UniCredit Foundation, established in 2003 with the goal of contributing to the development of solidarity and philanthropy in the communities and territories primarily where the Group is operating and UniCredit & Universities Foundation, established in 2009 which aims to promote studies and initiatives designed to deepen knowledge in the academic fields of finance, economics, law, politics and the social sciences.
Through the transfer of financial resources and the typical management skills of a company, UniCredit Foundation supports projects of significant social impact and innovation, implemented by local non-profit organisations.
The Foundation operates primarily where the Group is present and its intervention focuses on solidarity and social inclusion initiatives in particular, and on support for study and research. In its activities, it promotes the involvement of UniCredit Group employees in social projects and in research and study initiatives.
In 2019, the Board of Directors approved activities worth more than € 5.6 million, with an important increase of the initiatives related to social needs, and activities in support of study and research.