Following the decision by ACRI to make an extraordinary contribution of over one million euros in favour of the populations affected by the flood, Fondazione Cariplo, Fondazione Compagnia di San Paolo and Fondazione CRT each undertake to disburse an additional 300,000 euros.
On 16 May, the Executive Committee of ACRI approved the disbursement of an extraordinary contribution of 1.5 million euros for the populations affected by the flood in the territories of Emilia Romagna, with the aim of drawing up specific intervention plan to provide an initial response to the needs of the population.
Fondazione Compagnia di San Paolo, Fondazione Cariplo and Fondazione CRT also approved an additional measure, which provides for the disbursement of a further 900,000 euros by the three philanthropic organisations together.
The chair of Fondazione Compagnia di San Paolo, Francesco Profumo, described this intervention by saying:
“We feel very close to the people affected by the floods of recent days. We agreed, through Acri, to the proposal to allocate 1.5 million euros to respond to the immediate challenge: the emergency. Emergency intervention, which is by its nature essential and rapid, must now be associated with medium-long term actions. We have therefore approved a further important contribution to system-wide actions and to plan and building the future starting today, working for the common good with people at the centre of our thoughts and plans”.
To read the joint press release issued by Fondazione Compagnia di San Paolo, Fondazione Cariplo and Fondazione CRT go to this link.