Annual report 2004 - Compagnia di San Paolo
Annual report 2004 - Compagnia di San Paolo
Annual report 2004 - Compagnia di San Paolo
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Special reserves for voluntary services<br />
Accor<strong>di</strong>ng to art.15 of enabling law n.266/1991 on voluntary services and successive<br />
Ministerial Decrees, the <strong>Compagnia</strong> annually sets aside funds for the creation of special regional<br />
reserves for voluntary services. Special funds are administered by ad hoc managing committees and<br />
are available to Service Centres established to support and qualify voluntary activities. Service<br />
Centres in turn perform their functions offering support services for voluntary service organisations.<br />
A part of these resources is earmarked for the Special Reserve for Voluntary Services in Piedmont,<br />
where the foundation is based.<br />
In the <strong>2004</strong> balance sheet accor<strong>di</strong>ng to provisions it was decided to earmark approximately<br />
6.3 million € for Special Reserves established in the following regions:<br />
Piedmont € 3,987,136<br />
Liguria € 631,000<br />
Molise € 530,000<br />
Campania € 400,000<br />
Basilicata € 365,000<br />
Calabria € 100,000<br />
Puglia € 100,000<br />
Sicilia € 100,000<br />
Sardegna € 100,000<br />
70<br />
A further conservative amount of around € 6.3 million was allocated and not apportioned, while<br />
awaiting the definition of the regulatory framework in relation to the decision, issued by the Regional<br />
Administrative Tribunal of Lazio, suspen<strong>di</strong>ng the provision made by the Guideline Deed of the<br />
Ministry of the Treasury of 19 April 2001, concerning the methods for the calculation of these types of<br />
grants.