The signatory foundations declare that during the emergency period they will apply the highest possible degree of flexibility towards partner institutions to facilitate their work.
Fondazione Compagnia di San Paolo has signed the very recent statement by the European Foundation Centre entitled European Philanthropy Statement on COVID-19. The signatory foundations declare that, during this period of extreme emergency, they will apply the greatest possible degree of flexibility to dealing with partner institutions, with the aim of facilitating their work within the limits granted by the statutes and regulatory standards.
The Foundation understands the additional operational difficulties that the situation is creating for civil society, at a time when their work is made even more vital by the effects of the pandemic on the most vulnerable. This awareness has already expressed itself and will continue to be expressed in concrete measures.