Under the Framework Protocol signed today with Turin Municipal Council, Fondazione Compagnia di San Paolo undertakes to allocate 64 million euros for the four-year period 2022-2025 to support projects connected with Culture, People and Planet.
This morning, in the presence of the Deputy Mayor of Turin, Michela Favaro, and the Secretary General of Fondazione Compagnia di San Paolo, Alberto Anfossi, the Mayor of Turin, Stefano Lorusso, and the Chair of Fondazione Compagnia di San Paolo, Francesco Profumo, signed a Framework Protocol for the implementation of shared projects relating to Culture, People and Planet.
The protocol, which covers the four-year period 2022-2025, formalises the Foundation’s commitment to awarding a total of 64 million euros from its annual plan, in four annual instalments of up to 16 million euros.
Additional resources may be awarded under future decisions if they relate to calls for proposals and other projects undertaken by Turin Municipal Council.
“Fondazione Compagnia di San Paolo works as an agent of development with a view to strengthening, sharing and supporting municipal councils and alliances of municipal councils to improve their role as managers in strategies for change, in line with the Italian National Recovery and Resilience Plan,” explains Francesco Profumo. “From our point of view, the Framework Protocol represents a major leap forward: our driving ambition is to transcend the limitations of simply investing, as set out in our Strategic Plan 2021-2024, by aiming to multiply the impact of our investments and those of our beneficiary bodies. That’s why what we need most is the ability to work with local actors, with a view to long-term development. Both ours and theirs.”
“The Framework Protocol that we have signed today,” adds Alberto Anfossi, “is based on three strategic axes that encompass balanced continuous support for cultural institutions; boosting the value of the projects falling within the scope of the People Goal in particular (Education, Community and Inclusion), and defining and allocating strategic resources to support the structural reinforcement and the digital, environmental and social transition of the Municipality of Turin. Under the Framework Protocol, we are making 64 million euros available to the city for the four-year period 2022-2025 for strategic interventions, to be defined jointly between us. We are considering, for example, a major project geared towards the digital transition of the Municipality’s organisational machinery; initiatives for the benefit of co-governed cultural bodies such as Fondazione Torino Musei, Fondazione Teatro Regio and Fondazione Teatro Stabile, to name but a few, and, lastly, projects for the benefit of co-governed urban agencies such as Urban Lab, aimed at supporting its development and strategic reorganisation, in the belief that taking joint action is the only way to multiply the results of our efforts and generate substantial benefits for the community and the common good.”
By signing the Protocol, the Municipal Council and Compagnia di San Paolo intend to take coordinated action to identify specific programmes and initiatives designed to boost the strength and sustainability of processes and projects that cut across the Municipality’s organisational and management structure and relate to the areas of “Culture”, “People” and “Planet” that Compagnia has identified in its 2021-2024 Multi-Year Planning Document, in light of the United Nations Agenda 2030 and the Sustainable Development Goals set down therein.
Read the press release in full here.