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About us

What is the Foundation?

The Cassa di Risparmio di Cuneo Foundation is a private, independent, nonprofit organization that pursues socially beneficial goals and promotes economic development through grants to public and private nonprofit organizations and through projects promoted directly , in partnership with local entities, in the fields of education, welfare, art and culture, local development, public health, scientific research, and sports. The Foundation operates in the province of Cuneo, primarily in the areas of Alba, Braidese, Cuneo, and Monregalese.

In 2019, we wrote a new page in our history with the merger between our Foundation and the CR Bra Foundation, becoming the first Foundation in Italy to have experimented with this procedure.

The Foundation has net assets of €1,499 billion, placing it among the top ten in Italy , and is invested in diversified activities, from whose profits the resources to support its planning and grant-making activities are derived.

What We Do
CRC Foundation

History

July 30, 1990 – Banking Foundations are born in Italy

Bank foundations have a shared history that began in 1990 with the so-called "Amato Law" (Law No. 218 of July 30), which introduced bank foundations into Italy as non-profit entities representing the local community. Today, there are 86 bank foundations operating in diverse geographic areas in a variety of fields: from welfare to culture, from innovation to the environment, from education to research.

January 24, 1992 – The CRC Foundation is born

On January 24, 1992, the CRC Foundation was born from the spin-off of the Cassa di Risparmio and our story began.

March 11, 2019 – The Merger with the CR Bra Foundation

Signing of the deed of merger between the CRC Foundation and the CR Bra Foundation. We were the first in Italy to adopt this procedure.

The act represents the last stage of a process that began in 2018, which involved local and national actors.

This is the first operation of its kind in Italy, in implementation of the provisions of the 2015 Acri-MEF Protocol, which called for "forms of cooperation and aggregation for the pursuit of common objectives" between foundations and invited "foundations that, due to their small size of assets, are unable to achieve adequate technical, disbursement and operational capacity" to activate "forms of collaboration to jointly manage operational activities up to mergers between entities".

Below we report the merger project and the related documents:

About us

Tasks and structure

The Statute of the Cassa di Risparmio di Cuneo Foundation provides for a dual form of government in which, alongside the management body, represented by the Board of Directors, is in operation General Council with tasks of direction, orientation and definition of the guidelines and intervention criteria of the Foundation.
Both Bodies are chaired by the President of the Foundation, who has the task of ensuring the necessary coordination between the two, ensuring mutual dialogue and guaranteeing the operation of the organization in compliance with the guidelines of the General Council.

The Foundation's General Council is made up of 20 members, 18 of whom are nominated by 36 designating bodies, including the Municipalities of Cuneo, Alba, and Mondovì and other municipalities in the three traditional operating areas, the "S. Croce e Carle" Hospital of Cuneo, the Diocesan Commissions for Sacred Art and Culture of Cuneo, Alba, and Mondovì, the Chamber of Commerce, business associations and trade unions, Piedmontese universities, and the Territorial Control Body of Piedmont and the Aosta Valley. The remaining two Councilors are selected through a public tender, one for athletes and sports managers and the other for residents of the Braidese area.

The bodies and the staff

crcinnova

CRC Innova was founded with the aim of creating a window onto innovation in the province of Cuneo. The organization aims to promote local development through the implementation of projects and artistic, cultural, social, and educational activities.

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foundationcrcdonare

The CRC Donare Foundation is a non-profit organization that works to spread the culture of giving throughout the country , through projects and events capable of generating a social impact on communities and creating opportunities for the future.

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future supply chain

Filiera Futura is an association that works throughout Italy to innovate the agri-food sector , promote shared projects, and enhance quality Made in Italy products. It collaborates with national and European organizations and institutions to create new synergies, develop a common approach across each supply chain, and support the uniqueness and competitiveness of Italian agri-food production.

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LaGemma Venture srl is an investment firm that seeks economic success through positive growth. Guided by the vision of building a sustainable and inclusive future, LaGemma Venture aims to identify, support, and grow the most promising Italian and European companies that combine innovation with social responsibility and cultivate the ambition to make a difference.

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CRC Foundation

Foundation networks

The Foundation promotes and pursues a policy of dialogue and cooperation through active participation in the associations to which it belongs, alongside other Italian and European foundations . This is because relationships and collaborations with organizations and individuals inspired by and oriented toward the same objectives can and must foster continuous improvement of its work in the region.

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CRC Foundation

The regulatory framework

The regulatory framework within which the Foundation's action falls has undergone some important changes over time: starting from the structure ensured by the Amato Law in 1990, the Ciampi Law in 1999 intervened to outline the civil regime of the Foundations and the process of divestment of controlling interests in the banking companies to which they were assigned, and subsequently in 2003 the Constitutional Court placed them "among the subjects of the organization of social freedoms", recognizing the opportunity, according to the principle of subsidiarity, that different subjects contribute to addressing and resolving problems of public interest.

The Foundations Charter of April 2012 therefore defined the guidelines for a common behavioral orientation which, in compliance with the rules governing the Foundations, allows for the valorization of their action and the strengthening of their safeguards of autonomy, responsibility, transparency and independence.
More recently, on 22 April 2015, a Memorandum of Understanding was signed between ACRI and the Ministry of Economy and Finance, which analytically defines the reference parameters to which the Foundations must conform their behavior, with the aim of improving operational practices and making their governance more solid.

By signing it, the Foundations have undertaken to observe the rules contained in the Protocol itself, inserting them, where necessary, in their Statutes.

Statute, regulations, whistleblowing
Balance sheets and reports
Supply transparency