Annual report 2004 - Compagnia di San Paolo

Finally, the summary of the disbursements apportioned by institutional sector from 1996 to 2004
(figures in thousands of Euro) provides a clear indication of the development of the Compagnia’s
activities, with its inception at the time of the privatisation of the bank at the beginning of 1997, and
resources which since 2001 have settled stably above € 100 million per annum (“Special reserves for
voluntary services” excluded).
Sector 1996 1997 1998 1999 2000 2001 2002 2003 2004
Research 744 2,561 15,836 11,334 8,261 18,076 18,700 19,000 25,000
Education 407 1,538 13,874 9,808 11,359 21,846 18,700 18,000 17,500
Arts 2,884 4,345 6,879 10,324 20,658 20,658 21,000 22,000 25,000
Culture 973 2,118 3,537 6,180 7,230 10,329 12,500 12,000 12,500
Health 1,567 3,176 5,165 7,700 19,106 16,888 17,700 16,500 15,000
Welfare 4,392 6,196 7,827 8,780 10,846 15,494 17,400 21,000 24,000
Sectors total 10,968 19,934 53,117 54,126 77,460 103,291 106,000 108,500 119,000
Reserves for voluntary
services 1,024 2,273 5,297 20,430 5,208 14,680 13,930 12,347 12,626
Total 11,992 22,207 58,414 74,556 82,668 117,971 119,930 120,847 131,626
NB Amounts rounded up, in thousands of Euro. Until 1995 the grants were classified in three areas: Culture, Health and Welfare.
The grants awarded from 1992 to 1995 amounted to a total of € 31.4 million.
For each sector the Compagnia’s planning guidelines provide the identification of some specific
areas of interest and, within these, of priority fields of interest: the table on page 20-21 provides a
summary of the areas and fields of interest indicated in the Planning guidelines for 2004.
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In the following chapters an account of the activities of the individual sectors is provided (with
indications of the grants apportioned by areas and fields of interest) and in the programmes
launched by the Compagnia and in the context of the reserves for voluntary services.
In other sections of this document an account is provided – as previously mentioned – of the activities
of the permanent organisations in 2004. A list is set out of all the grants awarded during the year –
showing the beneficiary, the initiative supported and the amount awarded for each of these – and
providing the most significant information on financial management.