Fondazione di Sardegna: grants totalling 42.5 million in 2029 and assets rising to 1.14 billion

Assets are set to grow to 1.144 billion euros by 2028, alongside an increase in the resources earmarked for institutional activities. Furthermore, there will also be growth in ordinary grants, which are set to reach 42.5 million euros in 2029. These are, in a nutshell, the key points of the Annual Programme Document for 2027 and the multi-annual plan for 2027–2029, approved by the Steering Committee of the Fondazione di Sardegna. The banking foundation holds shareholdings ranging from BPER to CDP.

“The financial plan forecasts growth in the Foundation’s net assets from 1.065 billion euros in 2026 to 1.144 billion in 2028,” a Foundation document emphasises. The total resources earmarked for institutional activities amount to over €147 million over the three-year period. Of this, 5 million will be allocated to a new multi-year programme for local development, which joins the four already in place in the fields of education, innovation, culture and social affairs, bringing the total funding dedicated to these programmes to 25 million euros.”

The main development concerns local development, which is set to become one of the Foundation’s priority areas, alongside culture, volunteering, research and education. The focus is on inland areas and small towns, where depopulation is often accompanied by a reduction in services and economic opportunities. Then there is sport, ‘which becomes an independent area of intervention alongside public health’. Furthermore, for the two-year period 2028–2029, a sixth multi-annual programme dedicated to health and sporting activities is planned.

“These results allow us to look to the coming years with confidence and to make commitments that extend beyond a single financial year,” comments Giacomo Spissu, President of the Fondazione di Sardegna. “The work carried out on asset management has made it possible to increase the resources available to the region and, at the same time, to strengthen the reserves needed to safeguard the Foundation’s long-term stability.”

Not only that, but at the heart of our work lies listening to local communities and evaluating the experiences we have gained. ‘In recent years, we have gathered feedback suggesting that we should tackle certain issues in a more holistic manner, with initiatives that are given the time needed to produce results. These factors are leading us to evolve the way the Foundation operates, in order to respond more effectively to changes in society and local communities,” continues Spissu. At the same time, we will continue to support the activities that form the most established part of our commitment to culture and the promotion of historical and artistic heritage, scientific research and innovation, education, volunteering and health. This commitment will be carried forward through calls for proposals, partnerships with institutions and the third sector, and projects developed directly by the Foundation.”