Annual Report 2011 - Fai
Annual Report 2011 - Fai
Annual Report 2011 - Fai
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<strong>Annual</strong> <strong>Report</strong> <strong>2011</strong>
© A. Angelucci<br />
Contents<br />
About us 02<br />
The FAI property portfolio 06<br />
36 years of FAI 08<br />
Letter from the President 11<br />
<strong>2011</strong> Overview 12<br />
<strong>2011</strong> Management Overview 14<br />
Our most fascinating stories 16<br />
Negozio Olivetti 18<br />
Villa dei Vescovi 19<br />
Bosco di San Francesco 20<br />
Our threefold mission 22<br />
1.Protecting and Enhancing 24<br />
2.Educating and Raising Awareness 40<br />
3.Supervising and Intervening 48<br />
Pursuing our mission is<br />
a major team effort 50<br />
Raising and managing funds 52<br />
“I 200 del FAI“ 56<br />
Corporate Golden Donor 58<br />
Friends of FAI 60<br />
Communication 62<br />
People 66<br />
Future projects 68<br />
Financial statements – Balance Sheet 70<br />
Financial statements – Operating Section 74<br />
Notes to the financial statements 76<br />
Schedule A 88<br />
Schedule B 92<br />
Schedule C 93<br />
Thanks 94<br />
FAI - Bosco di San Francesco, Assisi (Perugia)<br />
<strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> 1
About Us<br />
FAI - Villa dei Vescovi, Luvigliano di Torreglia (Padua)<br />
Board<br />
of Directors<br />
Honorary President<br />
Giulia Maria Mozzoni Crespi<br />
What is FAI<br />
The Fondo Ambiente Italiano<br />
commonly referred to in English<br />
as the “Italian National Trust<br />
is a not-for-profit private-law<br />
foundation, recognised as a<br />
legal entity by the President of<br />
the Italian Republic (Presidential<br />
Decree No. 941 of 3.12.1975).<br />
Our exclusive purpose is to<br />
educate the general public on the<br />
importance of defending Italy’s<br />
environment and artistic and built<br />
heritage.<br />
We operate in the interest of all<br />
those who care deeply about<br />
Italy’s cultural and natural<br />
heritage.<br />
FAI’s mission<br />
FAI - not just an acronym, but also<br />
a part of the Italian verb “FARE”,<br />
meaning “to do”, “to be active<br />
FAI - Fondo Ambiente Italiano is a<br />
nationwide, not-for-profit foundation<br />
that was founded in 1975 with a<br />
concrete objective: to act in order to<br />
safeguard Italy’s artistic and natural<br />
heritage. This commitment sees FAI<br />
engaged in:<br />
PROTECTING AND ENHANCING<br />
FAI restores and (re)opens to the<br />
public a wealth of uniquely Italian<br />
monuments and landscapes that have<br />
been entrusted to it.<br />
EDUCATING AND RAISING<br />
AWARENESS<br />
FAI works day in, day out to educate<br />
and raise the awareness of the<br />
public with a view to increasing<br />
their knowledge of, respect for and<br />
dedication to art and nature, which are<br />
among the defining elements of Italy’s<br />
national identity.<br />
SUPERVISING AND INTERVENING<br />
FAI serves as the spokesperson for<br />
the interests and expectations of the<br />
public, supervising and pro-actively<br />
intervening on their behalf across the<br />
country to defend Italy’s landscape<br />
and cultural assets.<br />
FAI WORKS FOR ITALY.<br />
PLAY YOUR PART.<br />
© Alessandro Torrenti<br />
President<br />
Ilaria Borletti Buitoni<br />
Vice Presidents<br />
Paolo Baratta<br />
Guido Roberto Vitale<br />
Executive Vice President<br />
Marco Magnifico<br />
Director General<br />
Angelo Maramai<br />
Board of Directors<br />
Pier Fausto Bagatti Valsecchi<br />
Paolo Baratta *<br />
Ilaria Borletti Buitoni *<br />
Luigi Colombo *<br />
Fedele Confalonieri<br />
Bruno Ermolli<br />
Gabriele Galateri di Genola<br />
Luca Garavoglia *<br />
Anna Gastel *<br />
Paola Gazzola Premoli<br />
Federico Guasti<br />
Vannozza Guicciardini Paravicini<br />
Andrea Kerbaker *<br />
David Landau<br />
Marco Magnifico *<br />
Mario Monti**<br />
Giulia Maria Mozzoni Crespi<br />
Galeazzo Pecori Giraldi *<br />
Antonio Puri Purini<br />
Salvatore Settis<br />
Flavio Valeri<br />
Alessandro Viscogliosi<br />
Guido Roberto Vitale<br />
Marco Vitale<br />
Anna Zegna<br />
* Members of the Executive Committee<br />
** Self-suspended<br />
Board of Trustees<br />
Giulia Maria Mozzoni Crespi<br />
Ezio Antonini<br />
Giovanni Bazoli<br />
Luca Paravicini Crespi<br />
Guido Peregalli<br />
Gustavo Zagrebelsky<br />
Board of Statutory Auditors<br />
Franco Dalla Sega<br />
Pietro Graziani<br />
Antonio Ortolani<br />
Angelo Carbone (substitute)<br />
Francesco Logaldo (substitute)<br />
Auditing Company<br />
Deloitte & Touche S.p.A.<br />
2 <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> 3
Our governance<br />
FAI across Italy<br />
Board of Auditors<br />
2 Vice Presidents<br />
Financial<br />
and Human<br />
Resources,<br />
General Affairs<br />
Delegations Department<br />
Environment and<br />
Landscape Department<br />
Fund<br />
Raising<br />
Board of Directors<br />
Executive Committee<br />
President<br />
Director General<br />
(with delegated<br />
powers)<br />
Communication<br />
Executive Staff Department<br />
Rome Office and<br />
Institutional Relations<br />
National<br />
Events<br />
Honorary President<br />
(with executive mandate<br />
on the Environment)<br />
Board of Trustees<br />
Executive Vice President<br />
(with delegated<br />
powers)<br />
Property<br />
Management<br />
ABRUZZO<br />
Delegations: Chieti, L’Aquila, Lanciano, Pescara, Teramo,<br />
Vasto<br />
BASILICATA<br />
Delegations: Matera, Potenza<br />
CALABRIA<br />
Delegations: Catanzaro, Cosenza, Locride e Piana,<br />
Pollino, Reggio Calabria<br />
FAI Groups: Crotone, Vibo Valentia<br />
CAMPANIA<br />
Delegations: Avellino, Benevento, Caserta, Naples,<br />
Salerno<br />
EMILIA ROMAGNA<br />
Delegations: Bologna, Cesena, Ferrara, Forlì, Modena,<br />
Parma, Piacenza, Ravenna, Reggio Emilia, Rimini<br />
FAI Groups: Bagnacavallo, Faenza, Lugo, Imola, Cervia<br />
FRIULI VENEZIA GIULIA<br />
Delegations: Gorizia, Pordenone, Trieste, Udine<br />
LAZIO<br />
Delegations: Frosinone, Latina, Rieti, Rome, Viterbo<br />
FAI Groups: Gaeta<br />
LIGURIA<br />
Delegations: Albenga – Alassio, La Spezia, Genoa,<br />
Imperia, Portofino – Tigullio, Savona<br />
LOMBARDY<br />
Delegations: Bergamo, Brescia, Brianza-Lakes, Como,<br />
Cremona, Franciacorta - Sebino - Val Camonica, Lecco,<br />
Lodi – Melegnano, Mantua, Milan, Monza, Pavia, Seprio,<br />
Sondrio, Treviglio, Varese<br />
FAI Groups: North-West Milan, South-West Milan,<br />
South-East Milan, North-East Milan<br />
MARCHE<br />
Delegations: Ancona, Ascoli Piceno, Fermo, Macerata,<br />
Pesaro Urbino<br />
FAI Groups: Jesi e Vallesina, Senigallia<br />
MOLISE<br />
Delegations: Campobasso<br />
PIEDMONT<br />
Delegations: Asti, Biella, Casale Monferrato, Cuneo,<br />
Ivrea and Canavese, Novara, Turin, Tortona,<br />
Verbano - Cusio - Ossola, Vercelli<br />
FAI Groups: Alba, Saluzzo, Alessandria, Alto Novarese,<br />
Montereggio, Valsesia<br />
APULIA<br />
Delegations: Andria - Barletta – Trani, Bari, Foggia,<br />
Lecce, Taranto<br />
SARDINIA<br />
Delegations: Cagliari, Sassari<br />
FAI Groups: Nuoro – Oliena, Olbia Tempio<br />
SICILY<br />
Delegations: Agrigento, Caltanissetta, Catania,<br />
Messina, Palermo, Ragusa, Scicli, Siracusa, Trapani<br />
FAI Groups: Acireale, Marsala, Bagheria, Caccamo<br />
TUSCANY<br />
Delegations: Arezzo, Florence, Grosseto, Livorno,<br />
Lucca - Massa Carrara, Pisa, Prato – Pistoia, Siena<br />
TRENTINO ALTO ADIGE/SÜDTIROL<br />
Delegations: Bolzano, Trento<br />
FAI Groups: Merano<br />
UMBRIA<br />
Delegations: Perugia<br />
FAI Groups: Assisi, Trasimeno Lake, Orvieto, Spoleto,<br />
Terni<br />
AOSTA VALLEY<br />
Delegations: Aosta<br />
VENETO<br />
Delegations: Bassano del Grappa, Mestre, Padua,<br />
Portogruaro, Rovigo, Treviso, Venice, Verona, Vicenza<br />
FAI Groups: Tagliamento<br />
4 <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> 5
Properties regularly<br />
open to the public<br />
Safeguarded<br />
properties<br />
Undergoing<br />
restoration<br />
properties<br />
The FAI Portfolio<br />
1 Monastero di Torba<br />
(Torba Monastery)<br />
Gornate Olona (Varese)<br />
Donation: Giulia Maria Mozzoni Crespi<br />
- 1977<br />
2 Castello di Avio<br />
(Avio Castle)<br />
Sabbionara di Avio (Trento)<br />
Donation: Emanuela di Castelbarco<br />
Pindemonte Rezzonico - 1977<br />
3 Promontorio e Torre<br />
Punta Pagana<br />
(Punta Pagana Promontory and Tower)<br />
San Michele di Pagana (Genoa)<br />
Donation: Famiglia De Grossi - 1981<br />
4 Abbazia<br />
di SanFruttuoso<br />
(Saint Fruttuoso Abbey)<br />
Camogli (Genoa)<br />
Donation: Frank e Orietta Pogson<br />
Doria Pamphilj - 1983<br />
5 Castello della Manta<br />
(Manta Castle)<br />
Manta (Cuneo)<br />
Donation: Elisabetta De Rege<br />
Provana - 1984<br />
6 Baia di Ieranto<br />
(Ieranto Bay)<br />
Massa Lubrense (Naples)<br />
Donation: Italsider - 1986<br />
7 Castel Grumello<br />
(Grumello Castle)<br />
Montagna in Valtellina (Sondrio)<br />
Donation: Società Enologica<br />
Valtellinese - 1987<br />
8 Castello di Masino<br />
(Masino Castle)<br />
Caravino (Turin)<br />
Acquisition: Luigi Valperga<br />
di Masino – 1988<br />
9 Villa del Balbianello<br />
(Balbianello Villa)<br />
Lenno (Como Lake)<br />
Bequest: Guido Monzino – 1988<br />
10 Villa Della Porta<br />
Bozzolo<br />
(Della Porta Bozzolo Villa)<br />
Casalzuigno (Varese)<br />
Donation: the descendants of the<br />
Bozzolo family – 1989<br />
11 Torre di Velate<br />
(Velate Tower)<br />
Velate (Varese)<br />
Donation: Leopoldo Zambeletti - 1989<br />
12 Bottega storica di<br />
barbiere<br />
(Historic barber shop)<br />
Genoa<br />
Acquisition: the descendants of the<br />
Giacalone family – 1992<br />
13 Casa Carbone<br />
(Carbone House)<br />
Lavagna (Genoa)<br />
Bequest: Emanuele and<br />
Siria Carbone – 1992<br />
14 Edicola ottocentesca<br />
di giornali<br />
(19th-Century News stand) Mantua<br />
Acquisition: the Gandolfi family – 1992<br />
15 Villa e Collezione<br />
Panza<br />
(Panza Villa and Collection)<br />
Varese<br />
Donation: Giuseppe and Rosa<br />
Giovanna Panza di Biumo – 1996<br />
16 Teatrino di Vetriano<br />
(Vetriano Theater)<br />
Pescaglia (Lucca)<br />
Partial donation: Anna Biagioni – 1997<br />
17 Giardino della<br />
Kolymbetra<br />
(Kolymbetra Garden)<br />
Valley of the Temples - Agrigento<br />
Concession: Sicily Region – 1999<br />
18 Villa Necchi<br />
Campiglio<br />
(Necchi Campiglio Villa)<br />
Milan<br />
Donation: Gigina Necchi Campiglio<br />
and Nedda Necchi – 2001<br />
19 Parco Villa<br />
Gregoriana<br />
(Villa Gregoriana Park)<br />
Tivoli (Rome)<br />
Concession and lease: the Italian<br />
Public Property Agency – 2002<br />
20 Mulino di Baresi<br />
Maurizio Gervasoni<br />
(Baresi “Maurizio Gervasoni” Mill)<br />
Roncobello (Bergamo)<br />
Acquisition: Giovanna, Francesca<br />
and Mattia Gervasoni – 2005<br />
21 Villa dei Vescovi<br />
(Vescovi Villa)<br />
Luvigliano di Torreglia (Padua)<br />
Donation: Vittorio Olcese – 2005<br />
22 Giardino Pantesco<br />
Donnafugata<br />
(Pantesco “Donnafugata” Garden)<br />
Island of Pantelleria (Trapani)<br />
Donation: Donnafugata – 2008<br />
23 Bosco di San<br />
Francesco<br />
(San Francesco Woodland)<br />
Assisi (Perugia)<br />
Donation: Intesa Sanpaolo – 2008<br />
24 Villa Fogazzaro Roi<br />
(Fogazzaro Roi Villa)<br />
Oria, Valsolda - Lugano Lake (Como)<br />
Bequest: Giuseppe Roi – 2009<br />
25 Negozio Olivetti<br />
(Olivetti Showroom)<br />
Piazza San Marco, Venice<br />
Concession: Assicurazioni<br />
Generali – <strong>2011</strong><br />
26 Area boschiva Casana<br />
sul Monte di Portofino<br />
(Casana Woodland on Mount Portofino)<br />
Camogli (Genoa)<br />
Donation: the descendants of the Casana<br />
Family - 1977<br />
27 Cala Junco<br />
Island of Panarea,<br />
Aeolian Archipelago (Messina)<br />
Donation: Piero di Blasi – 1977<br />
28 Area costiera Isola di<br />
Capraia<br />
(Coastal area on the Island of Capraia)<br />
Island of Capraia - Tuscan Archipelago<br />
Donation: Ignazio Vigoni – 1978<br />
29 Area boschiva<br />
Salvucci sul Monte di<br />
Portofino<br />
(Salvucci Woodland on Mount Portofino)<br />
Camogli (Genoa)<br />
Donation: Carla Salvucci – 1981<br />
30 Area costiera<br />
La Masseta<br />
(“La Masseta” coastal area)<br />
San Giovanni a Piro (Salerno)<br />
Donation: Fiamma Petrilli Pintacuda<br />
– 1984<br />
31 Area boschiva<br />
Brignola sul Monte di<br />
Portofino<br />
(Brignola Woodland on Mount Portofino)<br />
Camogli (Genoa)<br />
Donation: Benito Brignola – 1986<br />
32 Maso Fratton Valaja<br />
(Fratton Valaja Farm)<br />
Spormaggiore (Trento)<br />
Acquisition: Endrizzi Brothers – 1993<br />
33 Villa San Francesco<br />
(San Francesco Villa)<br />
Varese<br />
Bequest (bare ownership):<br />
Maria Luisa Monti Veratti - 2001<br />
34 Villa San Luca e<br />
Collezione Laura<br />
(San Luca Villa and the Laura Collection)<br />
Ospedaletti (Imperia)<br />
Donation (bare ownership): Luigi Anton<br />
and Nera Laura – 2001<br />
35 Area boschiva Oliva<br />
sul Monte di Portofino<br />
(Oliva Woodland on Mount Portofino)<br />
Santa Margherita Ligure (Genoa)<br />
Donation: Ida Marta Oliva - 2001<br />
36 Area collinare Isola di<br />
Levanzo<br />
(Hilly section on the Island of Levanzo)<br />
Island of Levanzo, Aegadian Archipelago<br />
(Trapani)<br />
Donation: Griseldis Fleming -2001<br />
37 Area costiera Isola di<br />
Ponza<br />
(Coastal area of the Island of Ponza)<br />
Island of Ponza (Latina)<br />
Donation: Franco and Bianca Maria<br />
Orsenigo - 2001<br />
38 Pensilina di Velate<br />
(Tram Shelter)<br />
Velate (Varese)<br />
Donation: Zophiel srl - <strong>2011</strong><br />
39 Punta Don Diego<br />
Cala di Trana, Palau district<br />
(Sassari)<br />
Concession: Sardinia Region -<br />
2002<br />
40 Casa Noha<br />
(Noha House)<br />
Matera<br />
Donation: Fodale Brothers – 2004<br />
41 Palazzo e Torre<br />
Campatelli<br />
(Campatelli Palace and Tower)<br />
San Gimignano (Siena)<br />
Bequest: Lydia Campatelli - 2005<br />
42 Punta Mesco<br />
Levanto (La Spezia)<br />
Donation: Fiascherino s.r.l. - 2009<br />
43 Area boschiva Alpi<br />
Orobie<br />
(Woodland in the Orobian Alps)<br />
Talamona (Sondrio)<br />
Bequest:<br />
Stefano Tirinzoni - <strong>2011</strong><br />
44 Barca Velarca<br />
(“La Velarca” Houseboat)<br />
Ossuccio (Como)<br />
Donation: Aldo e Maria Luisa<br />
Norsa - <strong>2011</strong><br />
45 Torre di Ossuccio<br />
(Ossuccio Tower)<br />
Ossuccio (Como)<br />
Bequest: Rita Emanuela<br />
Bernasconi - <strong>2011</strong><br />
46 Collezione Enrico<br />
presso Villa<br />
Flecchia<br />
(The Enrico Collection and<br />
Flecchia Villa)<br />
Magnano (Biella)<br />
Donation: Piero Enrico - <strong>2011</strong><br />
47 Abbazia di Santa<br />
Maria di Cerrate<br />
(Saint Mary of Cerrate Abbey)<br />
Lecce<br />
Concession by the Province of<br />
Lecce - 2012<br />
Properties regularly open to the public Safeguarded properties Undergoing restoration properties<br />
12 4 3<br />
26<br />
13<br />
34 29 35 42<br />
31<br />
6 <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> 7<br />
5<br />
8<br />
45<br />
43<br />
44<br />
24<br />
9 7<br />
10<br />
38<br />
1 11<br />
15<br />
46 33<br />
18<br />
39<br />
28<br />
16<br />
20<br />
14<br />
41<br />
32<br />
2<br />
21<br />
36<br />
37<br />
25<br />
19<br />
22<br />
23<br />
17<br />
30<br />
6<br />
27<br />
40<br />
47
The idea becomes<br />
the Trust<br />
Based on an idea by Elena<br />
Croce, daughter of philosopher<br />
Benedetto Croce, on 28 April<br />
1975 Giulia Maria Mozzoni<br />
Crespi, Renato Bazzoni, Alberto<br />
Predieri and Franco Russoli<br />
found FAI with the intention of<br />
emulating the work done by the<br />
National Trust in England.<br />
Our first “bricks and<br />
mortar” properties<br />
The Monastero di Torba and<br />
the Castello di Avio are the first<br />
two buildings that we acquire.<br />
The former is donated to us<br />
by FAI President Giulia Maria<br />
Mozzoni Crespi, and the latter<br />
by Emanuela di Castelbarco<br />
Pindemonte Rezzonico.<br />
1975 1977 1985<br />
36 years of FAI The “first times” that made history<br />
The completion of the<br />
first major restoration<br />
project<br />
The first large-scale restoration<br />
project we deal with takes a<br />
total of eight years to complete,<br />
and sees us give the Monastero<br />
di Torba – which had been<br />
completely submerged by thick<br />
vegetation, its frescoed walls<br />
victims of chronic neglect – a<br />
whole new lease of life.<br />
First staging of the “Tre<br />
Giorni per il Giardino”<br />
(Three Days for the Garden<br />
event)<br />
31 exhibitors and 7,000 visitors:<br />
these are the figures for the first<br />
staging of the most important<br />
event held in the properties<br />
we are responsible for. Two<br />
decades later, in <strong>2011</strong>, we will<br />
go on to celebrate 20 years of<br />
the event, with more than 140<br />
exhibitors and 18,500 visitors in<br />
attendancevisitatori in 3 giorni.<br />
© Andrea Casà<br />
The first property leased<br />
to us<br />
The Giardino della Kolymbetra,<br />
a real archaeological and<br />
agricultural jewel located in<br />
the Valley of the Temples in<br />
Agrigento, is the first property<br />
that is leased to us on a<br />
concessionary basis (free for<br />
25 years, by Sicily Region) in<br />
order for it to be restored after<br />
decades of neglect.<br />
1976 1980 1988<br />
1992 1999 2009<br />
The first major SMS<br />
campaign<br />
Our first national SMS<br />
campaign – called “La Terra<br />
di Francesco” (The Land of St<br />
Francis) – aims to raise funds<br />
for the restoration of a highly<br />
symbolic site: the Bosco di San<br />
Francesco in Assisi. The Italian<br />
public respond with great<br />
generosity, offering a total of<br />
€340,000.<br />
1993 2003 2010<br />
Our first natural property<br />
The first donation made to FAI<br />
is an area of 1,000m² located<br />
on the coast of Cala Junco,<br />
at the western edge of the<br />
island of Panarea. Piero di Blasi<br />
decides to donate it to us to<br />
protect it from<br />
real estate speculation.<br />
The first edition of the FAI<br />
Newsletter<br />
“Finally in your hands” is how<br />
Renato Bazzoni puts it in the<br />
first edition of the FAI Newsletter<br />
– the forum for information<br />
and dialogue with the<br />
members; Bazzoni calls the<br />
Newsletter the “prophet” of the<br />
recently established Trust.<br />
The purchase of our first<br />
property<br />
The Castello di Masino – a<br />
delightful fortification dating<br />
back to the fifteenth century<br />
– is the first property that<br />
we purchase. Owned by the<br />
Valperga family, it is in a state of<br />
dereliction that necessitates an<br />
urgent intervention in order to<br />
restore it and make the most of<br />
what it has to offer.<br />
The first “Giornata FAI di<br />
Primavera” (FAI Spring<br />
Day)<br />
Five sites in the city of Milan. A<br />
whole host of monuments are<br />
opened up for the first staging<br />
of what remains to this day the<br />
Trust’s most high-profile event.<br />
In <strong>2011</strong>, we will reach a total<br />
of 660 properties throughout<br />
Italy, with more than 500,000<br />
visitors.<br />
The first “I Luoghi del<br />
Cuore” (“Italian Places I<br />
Love” survey)<br />
A total of 24,200 votes are cast<br />
in the first “I Luoghi del Cuore”<br />
(“Italian Places I Love” national<br />
survey), which asks for input<br />
from the general public on<br />
which buildings and landscapes<br />
they would most like to see<br />
saved. During the fifth survey –<br />
in 2010 – in excess of 464,000<br />
votes will be cast.<br />
The first handover at the<br />
helm<br />
After 35 years in which she<br />
consistently put great passion,<br />
dedication and energy into<br />
the FAI project, Giulia Maria<br />
Mozzoni Crespi steps down as<br />
President, making way for Ilaria<br />
Borletti Buitoni and taking on<br />
the role of Honorary President.<br />
© Mollica & Racheli<br />
8 <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> 9
© Giorgio Majno<br />
© Giorgio Majno<br />
Ilaria Borletti Buitoni<br />
President of the<br />
FAI - Fondo Ambiente Italiano<br />
THE ROAD TO RECOVERY STARTS WITH THE SAFEGUARDING OF OUR<br />
CULTURAL IDENTITY<br />
In many ways, <strong>2011</strong> was a turning point for the Trust, albeit against a general backdrop of increasing<br />
– and increasingly worrying – uncertainty and a marked reduction in the support being<br />
given to organisations both public and private alike.<br />
Alongside the opening of three very important properties – the Negozio Olivetti in<br />
Piazza San Marco in Venice, the Villa dei Vescovi in Luvigliano di Torreglia (in the province<br />
of Padua), and the Bosco di San Francesco in Assisi – which we gave back to the country<br />
after prolonged and eagerly awaited restoration projects that demanded substantial funds and<br />
an enormous organisational effort, we also completed an in-depth administrative overhaul<br />
geared towards boosting the effectiveness of our cost-control mechanisms, with a particular<br />
focus on those overheads relating to our restoration projects.<br />
In <strong>2011</strong>, we made substantial investments in human resources and in promoting the work<br />
of the Trust. Our promotional efforts highlighted not only our undoubted capacity to enhance<br />
and efficiently manage the properties that are entrusted to us but also our values, which<br />
are particularly prescient at a time such as this, when Italy is in a state of confusion: a highprofile<br />
marketing campaign accompanied our operations throughout the year, helping to<br />
raise awareness right across Italy about the nature of our work. Cultural identity, pride, an<br />
understanding of the importance of Italy’s historical, artistic and natural heritage, and a<br />
commitment to conserve the landscape for a sustainable future – these are all expressions<br />
of a “sensitivity” that FAI must be able to transmit to an ever-increasing number of people.<br />
The result of this investment approach has been both tangible and encouraging. The<br />
increase in membership and the exceptionally large number of participants in the “Giornata<br />
FAI di Primavera” (FAI Spring Day) are indicative that we are making progress along our chosen<br />
path.<br />
Albeit in an awareness that difficult times no doubt lie ahead for us, we can today look towards<br />
the future, safe in the knowledge that we will always be able to give voice to those<br />
who believe that the safeguarding of Italy’s cultural identity is one of the roads we<br />
must take in order to get back on the move in the wake of the global crisis, also with a view to<br />
promoting the development of tourism, particularly in those regions rich in art and beauty but<br />
lacking an industrial base.<br />
At a time in which civil society is being called upon with increasing frequency to contribute to<br />
the debate on the future of the country, FAI will play its part with passion and enthusiasm,<br />
thanks to the generous support of our donors and friends, which is now more fundamental than<br />
ever before.<br />
FAI - Abbazia di San Fruttuoso , Camogli (Genoa)<br />
10 <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> 11
<strong>2011</strong> Overview<br />
Marco Magnifico, Executive Vice President of FAI<br />
© Giorgio Majno<br />
FAI - Villa dei Vescovi, Luvigliano di Torreglia (Padua)<br />
<strong>2011</strong>: THREE GREAT STORIES FOR ITALY AS IT REACHES ITS 150TH<br />
ANNIVERSARY<br />
Out of the 28 years I’ve spent working for FAI, <strong>2011</strong> was the most frenetic, the most exhausting<br />
and, without a doubt, the most “perfect”. The run up to the 150th anniversary of Italian<br />
Unification had given us, as it did many others, the impetus to plan out a memorable year<br />
with a view to stressing to the country as a whole that FAI was conceived and founded as an<br />
organisation with the aim of serving the nation.<br />
“Destiny” presented us with the solution on a silver platter, in the sense that – by shortening<br />
our timescales and cleverly “slotting together” deadlines and commitments – we would indeed<br />
meet our insane-but-thrilling target of opening three new properties before year’s end.<br />
What better way to stay true to our Statute and, in the process, to give Italy a wonderful<br />
gift It is, of course, superfluous to state why the project was thrilling; we can, however, explain<br />
why it was insane, but only in hindsight, smiling now that the (unforeseeably Herculean) effort<br />
we all put in – both in financial terms and in terms of sheer determination – is behind us.<br />
The Negozio Olivetti in Piazza San Marco in Venice – a shining, impeccable masterpiece<br />
by Carlo Scarpa, which was entrusted, with considerable farsightedness, to FAI by insurance<br />
group Assicurazioni Generali – was inaugurated amid the jubilation of a number of not very<br />
authentic Venetians and the admiring curiosity of that international world that has rightly<br />
elected Scarpa one of the giants of the 20th century, but the projects at the Villa dei<br />
Vescovi in Luvigliano near Padua and the Bosco di San Francesco in Assisi (donated to FAI by<br />
the Intesa Sanpaolo banking group) were still very far from completion.<br />
At the Villa dei Vescovi, with its frescoes by Sustris, its loggias by Falconetto and its ashlar<br />
by Giulio Romano, we had only recently started work again following the shock of coming<br />
across a necropolis under the ground floor, while in Assisi we were still counting the almost<br />
400 truck, car and tractor tyres that emerged from the brambles infesting the 60 hectares<br />
of woods and olive groves, while Michelangelo Pistoletto used his plough to trace out the<br />
triple circle of his Terzo Paradiso (“Third Paradise”), where 121 olive trees were to give<br />
pilgrims food for thought on their relationship with Creation.<br />
From Venice to the Euganean Hills, to Assisi! A year of radically divergent construction sites;<br />
from the silken stuccoes of Carlo Scarpa, through the hundreds of metres of dry-stone walls to<br />
be put back up in order to support the terraced olive groves in Assisi, to the fragile banisters<br />
sculpted from Nanto stone that, like a ribbon, make their way around the terraces and loggias of<br />
the Villa dei Vescovi outside Padua.<br />
These are three stories that differ in terms of their eras, protagonists, materials, climates,<br />
purposes, colours, messages and cultures; three great Italian Stories that from St Francis,<br />
via the Renaissance, bring us right into the 20th century. These are three stories that FAI –<br />
thanks to those who believe in its mission, its commitment and the seriousness of its approach<br />
– has been able to donate to Italy so that the country can take pride in them on what is such an<br />
important anniversary.<br />
© ORCH_chemollo<br />
FAI - Negozio Olivetti, Venice<br />
© A. Angelucci<br />
FAI - Bosco di San Francesco, Assisi (Perugia)<br />
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Management Overview<br />
Angelo Maramai, Director General of FAI<br />
© Maja Galli<br />
THE FIRST STEPS IN A “NEW DIRECTION” FOR FAI’S ORGANISATIONAL<br />
INFRASTRUCTURE<br />
<strong>2011</strong> was a complex year due to the specific political and economic circumstances, marked<br />
by a serious institutional crisis and a contraction of the Italian economy. But for FAI, <strong>2011</strong> was<br />
first and foremost an opportunity for appropriate celebrations of the 150th anniversary<br />
of Italian Unification, with the conclusion of the restoration of three important new<br />
properties that, from now on, will be open to the general public, thanks to the three in-depth,<br />
intelligent interventions that have returned the assets in question to their former splendour,<br />
as befits the entire historical, artistic and natural heritage of Italy. Overall, FAI spent around<br />
€9 million on restorations in <strong>2011</strong> – a sizeable figure and an immense commitment for<br />
the Trust, which had to work exceptionally hard to raise the necessary funds. We are certainly<br />
now reaping the rewards of all our efforts, with the Negozio Olivetti in Piazza San Marco in<br />
Venice, the Villa dei Vescovi in Luvigliano di Torreglia and the Bosco di San Francesco<br />
in Assisi now offering three tangible new embodiments of the difference that FAI can make right<br />
across Italy.<br />
Thanks in part to these new inaugurations, the numbers visiting FAI properties in <strong>2011</strong><br />
reached in excess of 400,000! This represents a major milestone, and it allowed us to bring in<br />
more than €2 million from ticket sales alone, constituting a crucial component in the effort<br />
to cover the astronomical overheads involved in keeping these extraordinary buildings open and<br />
in perfect condition.<br />
The <strong>2011</strong> “Giornata FAI di Primavera” (FAI Spring Day) confirmed the engagement of<br />
the Italian public with this event, with record numbers taking part: around 500,000 visitors<br />
made their way to the sites selected by FAI, which – thanks to its 7,000+ volunteers – “opened<br />
up” to the public a total of 660 places of historical, artistic and natural interest. The great<br />
success of the initiative made a significant contribution to the increase in the number of<br />
Members and Friends of FAI; so much so that, as of December <strong>2011</strong>, the numbers have<br />
reached around 90,000 in total, which is an increase of almost 20,000 on the same period<br />
last year.<br />
© Eva Volpato<br />
<strong>2011</strong> was, moreover, the year of the interventions on those sites highlighted as “I Luoghi<br />
del Cuore” (Italian Places I Love) in 2010 thanks to the votes cast by around 500,000<br />
Italians; the 11 most popular and most significant sites have since been<br />
selected, where operations will soon be carried out that are targeted at preserving their value<br />
and at drawing the attention of the public and of institutions towards them.<br />
“Ricordati di salvare l’Italia” (Remember to save Italy) is the title of the campaign that,<br />
in October <strong>2011</strong>, FAI launched throughout Italy with a view to raising funds for the activities<br />
that the Trust implements in pursuit of its mission to restore, raise awareness of and safeguard<br />
the historical, artistic and natural heritage of all Italians, with the objective of delivering intact<br />
this priceless treasure to our children and future generations. In terms of the funds raised,<br />
support was definitely not lacking and, by the end of the campaign, more than €700,000<br />
had been amassed. A great many appearances in the media and on the web enabled us to<br />
explain in more detail what FAI is all about, what it is attempting to achieve and what it offers to<br />
the public.<br />
From a financial perspective, we managed to reduce drastically our losses from<br />
previous years and, thanks to the tremendous commitment and hard work of the whole FAI<br />
infrastructure, we increased our income despite the challenging economic backdrop. We<br />
actually succeeded in exceeding the forecasted operating income figure, reaching<br />
€14.4 million (+8.1% on 2010), and managed to contain the operating expenses to €15<br />
million (+ 2.3% up on 2010), while implementing a major reorganisation and investment<br />
programme in relation to our personnel. In view also of the inventory management results, the<br />
management report shows a deficit of €0.4 million, 64.5% down on the previous year.<br />
Significant financial donations and small bequests made it possible to improve our<br />
cash flow, which was severely put to the test by the €8.7 million that had to be set aside for<br />
the restoration of our properties. The developmental operations undertaken over the course<br />
of <strong>2011</strong> represent the first important steps in a “new direction” for FAI’s organisational<br />
infrastructure.<br />
In 2012, we will work intensively on a planning programme that will steer the operations of the<br />
Trust towards objectives of breaking even and, at the same time, towards developing<br />
our activities, leveraging our passion to enable us to grow and to raise our profile within Italy<br />
as a tangible model for effective management.<br />
FAI - Villa dei Vescovi,<br />
Luvigliano di Torreglia (Padua)<br />
© M. Chiesa<br />
14 <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> 15
Our most<br />
fascinating<br />
stories<br />
Walking amidst the olive trees of the “Terzo Paradiso” (Third Paradise) by Michelangelo Pistoletto<br />
at Bosco di San Francesco, Assisi (Perugia).<br />
© A. Angelucci<br />
THREE “PRESENTS” FOR THE FUTURE<br />
At times, there are some stories that are more fascinating than others. Perhaps<br />
due to the circumstances in which they come into being, or due to the emotions that<br />
they can elicit, or simply because they are perfect for that precise moment in time. The<br />
three stories collected in this section belong to this latter category.<br />
These three stories are about a love for Italy’s artistic and natural heritage, a passion for<br />
one’s work, the courage to choose a different road than that followed by everyone else,<br />
and the strength to believe in timeless values that are robust enough to resist whatever any<br />
economic or civil crisis may throw at them.<br />
These are the stories of three “presents” that we wanted to give to everyone in order to send<br />
out a clear, indelible message, which is that even – and, indeed, more than ever – in difficult<br />
times, the Trust is “by your side” and we are committed to exerting a unified and evergreater<br />
influence if all those who believe in the resources of Italian “culture” will continue<br />
to support us and to stand shoulder-to-shoulder with us. They are stories that, more than any<br />
other form of discourse, are able to express what it means to work day in, day out, to give our<br />
past a future.<br />
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The Negozio Olivetti in Piazza San Marco in Venice<br />
Tobia Scarpa<br />
The Villa dei Vescovi, Luvigliano di Torreglia (Padua)<br />
Pierpaolo Olcese<br />
© M. Introini<br />
FAI - Negozio Olivetti, Venice<br />
FAI - Villa dei Vescovi,<br />
Luvigliano di Torreglia (Padua)<br />
© M.E. Smith<br />
© M. Bianchi<br />
Tobia Scarpa is an<br />
Italian artist with<br />
a longstanding,<br />
brilliant career: his<br />
work, which ranges<br />
from architecture<br />
to design to<br />
restoration projects,<br />
has often been<br />
exhibited in the<br />
leading international<br />
museums and he<br />
has made a vital<br />
contribution to the<br />
reputation of Italian<br />
design around the<br />
world.<br />
ITALY REDISCOVERS AN ICON OF THE TWENTIETH CENTURY<br />
Having sunk into oblivion for years, the Negozio Olivetti in Piazza San Marco<br />
in Venice has regained all of its former lustre. After having taken care of its<br />
restoration, insurance group Assicurazioni Generali – the Showroom’s owners<br />
– entrusted its management to FAI, which re-opened it to the public in April<br />
<strong>2011</strong>. Visitors from far and wide were, therefore, given the opportunity to get<br />
re-acquainted with this masterpiece by architect Carlo Scarpa, which is one of<br />
the most important examples of 20th-century architecture in Italy.<br />
The Negozio Olivetti is one of just a few works by my father to which I contributed during<br />
the design and construction phases. I saw it come to life, I saw the original plans, I saw the<br />
importance it gradually acquired, like all of Dad’s works, which always generated a great deal<br />
of interest. When I saw it again after the restoration, the most striking thing for me was that I<br />
was seeing a “new” building. I remember well when the Showroom had just been completed<br />
first time around: it was new, glossy, all the parts were perfectly finished, everything was<br />
perfect. Now everything is once again in its rightful place, and thanks to the restoration – which<br />
is quite incredible in terms of everything being exactly as it should be – the original colours<br />
have been reinstated. It really is a very important intervention if you look at it critically, it’s all<br />
about safeguarding and conserving the objects that we love, which represent us and which<br />
we want to remain very much alive. Visiting the Showroom today, we can experience once<br />
more the extraordinary way in which my father managed to bring together the past and the<br />
present, retaining a real sense of harmony in the process. Violence had no place in his works,<br />
and he jettisoned certain aspects of the heritage of modernity in the elegance of the passages<br />
– aspects that the ancients, in contrast, always respected. He was used to staging major<br />
exhibitions in Venice, each one more extraordinary than the last. But they were temporary<br />
works, destined to remain no more than memories. The Showroom, however, was a “solid”<br />
work, one that would last through the years and that was, at the same time, very much a oneoff.<br />
This is the great value that visitors today can discover by coming to visit it.<br />
A WONDERFUL TESTAMENT TO GREAT CIVIL ARCHITECTURE<br />
In June <strong>2011</strong>, FAI re-opened the Villa dei Vescovi in Luvigliano (near Padua) to<br />
the public. This delightful villa was built on an embankment of the Euganean<br />
Hills and was donated to the Trust by Maria Teresa Olcese Valoti and by her<br />
son Pierpaolo Olcese as a gesture of love towards Vittorio Olcese (Maria<br />
Teresa’s husband and Pier Paolo’s father). After a prolonged restoration<br />
process, another prestigious example of great Italian civil architecture was<br />
thus given a new lease of life, allowing visitors to admire once again the<br />
dignified geometric enclosure, the frescoes depicting Roman heroes and<br />
idealised landscapes set against backdrops of green volcanic hillsides, and the<br />
loggias caressed by gentle breezes.<br />
The Villa dei Vescovi was purchased by my father, Vittorio Olcese, in response to a proposal by<br />
Neri Pozza and the Ente Ville Venete, in order to save a building of tremendous importance in<br />
terms of the architectural history of the region, which had by then been abandoned for many<br />
years. The Villa, owned by the Curia of Padua, had served variously as a barracks, an asylum<br />
and a nursing home; its loggias had been closed over and its frescoes covered up. Vittorio<br />
restored it with the idea that, one day, it could become a public property. The donation of the<br />
Villa to FAI by my mother, Maria Teresa, and I was nothing more than the follow through of<br />
a project that began in the 1960s and was completed with another rebirth, and it is also an<br />
homage to two of the great names of Italian culture – friends Vittorio Olcese and Giulia Maria<br />
Mozzoni Crespi, FAI’s Honorary President – who shared in a great deal of the recent history of<br />
the Villa.<br />
The son of Vittorio<br />
Olcese, a prominent<br />
figure in the<br />
Milanese industrial<br />
and political worlds,<br />
Pierpaolo chose<br />
together with his<br />
mother Maria Teresa<br />
Olcese Valoti to<br />
donate the Villa<br />
dei Vescovi to FAI<br />
in memory of his<br />
father, who passed<br />
away in 1999, thus<br />
turning this fine<br />
example of Italian<br />
civil architecture<br />
into a public<br />
property.<br />
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The Bosco di San Francesco in Assisi<br />
Michelangelo Pistoletto<br />
© A. Angelucci<br />
© A. Angelucci<br />
© A. Angelucci<br />
FAI - Bosco di San Francesco, Assisi (Perugia)<br />
Born in Biella in<br />
1933, Michelangelo<br />
Pistoletto is an<br />
internationally<br />
renowned artist,<br />
painter and sculptor,<br />
and is considered to<br />
have been one of the<br />
founders of the Arte<br />
Povera movement<br />
in the 1960s and<br />
a precursor of<br />
the participative<br />
practices that have<br />
become widespread<br />
since the mid-1990s.<br />
A SYMBOL OF PEACE, BETWEEN PAST AND FUTURE<br />
After a long, challenging operation to overhaul the landscape, in November<br />
<strong>2011</strong> FAI opened up the Bosco di San Francesco to the public.<br />
This breathtaking, 64-hectare piece of the Italian rural landscape –<br />
encapsulating more than 800 years of history – offers the new pilgrims of the<br />
Third Millennium the opportunity to go on a voyage of discovery through the<br />
landscapes from which Francis launched his message of harmony between<br />
Man and Nature. Against this backdrop, at the invitation of FAI, artist<br />
Michelangelo Pistoletto decided to create in the clearing of the woodland a<br />
new version of his exceptional work of land art, the “Terzo Paradiso” (Third<br />
Paradise).<br />
The sign that symbolises the Third Paradise was first created in 2002 and has been deployed in<br />
various places using an array of different materials. It finds its expression par excellence here,<br />
in the clearing of the woodland in Assisi, due to the historical resonance of the thought of Saint<br />
Francis. Francis was, of course, responsible for the message that unites Man and Nature –<br />
which flows into the current necessity to experience nature anew. At Assisi, visitors are invited<br />
to undertake a ritual trek around the entire work. The symbol of the Terzo Paradiso winds its<br />
way along a path flanked by 121 olive trees and traces out three circles that compose the “New<br />
Infinity Symbol”. The two opposing circles symbolise the two preceding paradises. The first<br />
paradise is that in which human beings were totally integrated with nature; the second is the<br />
artificial paradise, developed by human intelligence, which together with the exponential growth<br />
of scientific and technological development is generating irreversible processes of degradation<br />
across the planet. The risk of a tragic collision between the natural and artificial spheres is now<br />
heralded in every way. Only in the integration between nature and artifice can the possibility<br />
of avoiding this catastrophe be envisaged. The central ring, then, represents the link between<br />
the two preceding paradises and stands for the generative womb of the Third Paradise. The<br />
opportunity afforded by FAI for the creation of this work is crucial, and all those who support<br />
the Trust become a creative part of the work itself. As such, the work conserves the memory of<br />
the woodland while also projecting the past towards the future.<br />
Bosco di San Francesco, Assisi (Perugia). The church of Santa Croce.<br />
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Our<br />
threefold<br />
mission<br />
© A. Angelucci<br />
THREE POINTS, A SINGLE OBJECTIVE<br />
Since 1975, we have been pursuing a single objective: to protect Italy’s heritage of art,<br />
nature and landscapes. Every day, in line with the three points of our mission, we work to<br />
restore and give back to the public monuments and natural places that are unique to Italy,<br />
which are either donated to us or leased to us on a concessionary basis; to educate and raise<br />
the awareness of the wider community about the importance of getting to know, respecting<br />
and taking care of art and the natural world; and to serve as the spokesperson for the interests<br />
and expectations of the populace by supervising and intervening pro-actively across the<br />
country.<br />
Accordingly, when describing our <strong>2011</strong> activities, we have respected the aforementioned subdivision<br />
into the three different areas: “Protecting and Enhancing”, “Educating and Raising<br />
Awareness” and “Supervising and Intervening”, with a view to demonstrating how all of our<br />
actions are geared towards the concrete realisation of our mission.<br />
The final part of this section is dedicated both to the raising of funds, an activity that –<br />
thanks to the generosity of individuals, companies and public-sector bodies – makes our work<br />
possible, and to the support operations, without which everything would be far more<br />
difficult.<br />
FAI – Bosco di San Francesco, Assisi (Perugia). The “Terzo Paradiso” (Third Paradise) by Michelangelo Pistoletto.<br />
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1. Protecting and enhancing<br />
Acquisition<br />
In <strong>2011</strong>, we acquired<br />
six properties: the<br />
Negozio Olivetti in<br />
Piazza San Marco<br />
in Venice, the<br />
Velarca houseboat<br />
and the Torre di<br />
Ossuccio in the<br />
province of Como,<br />
the woodland/<br />
pastureland of the<br />
Alpeggi Tirinzoni in<br />
the Orobian Alps,<br />
the Art Nouveau<br />
Pensilina in Velate<br />
and the Collezione<br />
Enrico at Villa<br />
Flecchia in Magnano<br />
(in the province of<br />
Biella).<br />
LANDMARKS TO BE UNCOVERED AND CAPITALISED ON<br />
Getting visitors to discover the main types of assets (culture, nature and<br />
landscapes) that make Italy’s heritage unique is one of the most important objectives of<br />
our operations. It is for this reason that we take care of castles, monastic complexes, gardens,<br />
natural areas, important residences and homes-cum-art-galleries, as well as little jewels<br />
nestling in the landscape. The majority of these properties are donated by individuals, whereas<br />
others are granted to us on a concessionary basis.<br />
In choosing the assets to take under our wing, so to speak, we apply precise criteria<br />
that range from the level of excellence of the property and the context in which it is sited to<br />
the risk of loss or damage, its capacity to be financially self-sufficient during the management<br />
phase and its potential to attract funding. Another factor that exerts an influence is its location<br />
in relation to those regions of Italy where our presence is more limited and in terms of the<br />
possibility to create synergies with the surrounding area.<br />
Alongside the concession by Assicurazioni Generali of the Negozio Olivetti in Venice, in<br />
<strong>2011</strong> we acquired another five very different properties (from an entire natural area to<br />
a small, abandoned tram shelter dating from the early 20th century) that are, however, united<br />
by a common thread – each stands, in its own way, as an important testament both to the<br />
history of Italy and to the identity of the Italian people.<br />
Their historical/artistic value and the opportunity they afforded to create synergies gave<br />
us the impetus to acquire the Velarca (donated by Aldo Norsa and his wife Maria Luisa),<br />
a houseboat anchored on the western shore of Lake Como and designed in 1961 by the<br />
legendary Milanese studio BBPR, and the Torre di Ossuccio (bequest by Rita Bernasconi), which<br />
is a mediaeval monument immersed in an exceptionally important landscape 400 metres above<br />
Lake Como. Together with the nearby Villa del Balbianello, the two assets will go on to form a<br />
high-quality tourism circuit.<br />
Also of considerable value are the Alpeggi Tirinzoni in the Orobian Alps (donated by<br />
Stefano Tirinzoni); these hillsides encompass more than 200 hectares, with 50 hectares of<br />
woodland and 80 of pastureland at risk of disappearing due to natural reforestation. The area<br />
will be preserved and enhanced forever in a way that respects the agricultural, environmental<br />
and pastoral traditions of this part of the world. Other, very different, assets acquired in<br />
<strong>2011</strong> included the Art Nouveau Pensilina in Velate, which was built in the early 1900s<br />
during the period when Varese was a centre for international tourism and which beautifully<br />
encapsulates a moment in Italian history; and the Collezione Enrico at Villa Flecchia in<br />
Magnano, in the province of Biella (bequest by Piero Enrico), which is composed of a full<br />
sixty-two 19th-century Piedmontese paintings, precious rugs and furniture.<br />
THE PROPERTIES<br />
FOR WHICH WE ARE<br />
RESPONSIBLE<br />
25<br />
regularly open<br />
to the public<br />
13<br />
safeguarded<br />
9<br />
undergoing<br />
restoration<br />
© T. Libis<br />
FAI - La Velarca, Ossuccio (Como)<br />
Trekking to the Alpe Pedroria in the Orobian Alps, bequested by Stefano Tirinzoni<br />
24 <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> 25
1. Protecting and enhancing<br />
Restoration<br />
1. Protecting and enhancing<br />
Restoration<br />
© M. Chiesa<br />
To celebrate<br />
together with the<br />
Italians the 150th<br />
anniversary of<br />
Italian Unification,<br />
we have restored<br />
and given back<br />
to the wider<br />
community<br />
three wonderful<br />
properties: the<br />
Negozio Olivetti in<br />
Venice, the Villa<br />
dei Vescovi in<br />
Luvigliano<br />
di Torreglia (Padua)<br />
and the Bosco di<br />
Above: Restoration<br />
work at the Negozio<br />
Olivetti, Venice<br />
THREE PRECIOUS GIFTS GIVEN BACK TO ITALY<br />
In the year that saw the celebrations for the 150th anniversary of Italian Unification,<br />
a significant part of our restoration efforts were focused on those operations geared towards<br />
the three important openings of the year: the Negozio Olivetti in Venice, the Villa dei<br />
Vescovi in Luvigliano di Torreglia (Padua) and the Bosco di San Francesco in Assisi.<br />
These were three completely different projects that allowed us to give back to the community<br />
at large three unique embodiments of Italian history and of the Italian national identity. These<br />
were three “gifts” that we wanted to donate to the Italian people in order to make a tangible<br />
contribution to the recovery of a country that finds itself in the middle of an economic and civil<br />
crisis.<br />
ITALY REDISCOVERS A 20TH-CENTURY ICON<br />
The restoration of the Negozio Olivetti – the first property to be inaugurated during the<br />
year – was carried out by the Assicurazioni Generali insurance group, which owns the<br />
Procuratie Vecchie building in Piazza San Marco in Venice. Having completed the restoration<br />
work over the course of a year, Assicurazioni Generali entrusted us with the running of<br />
this masterpiece created by architect Carlo Scarpa in 1957-58, leading up to the re-opening<br />
of the Showroom on April 20, <strong>2011</strong>.<br />
Our task was to fit out the interiors. It was a very difficult challenge in that the objective<br />
was to give a bona fide icon of 20th-century Italian architecture its original beauty<br />
back, respecting the original vision of the Venetian artist. Assisted by the architect’s son,<br />
Tobia Scarpa, we sited within the Showroom not only the original furnishings but also<br />
a collection of vintage Olivetti typewriters; moreover, we carved out the space for a<br />
bookshop/ticket desk and a staff office. A custom marketing campaign was created for<br />
the opening, with multimedia workstations being put in place to provide historical information<br />
on the architecture of the Showroom and on the entire oeuvre of Carlo Scarpa.<br />
© P. Roggero<br />
THE VILLA DEI VESCOVI, A WONDERFUL EXAMPLE OF GRAND CIVIL<br />
ARCHITECTURE<br />
The second “gift” was the opening of the Villa dei Vescovi, a significant exemplar of<br />
grand Italian civil architecture, immersed in the beautiful scenery of the Euganean<br />
Hills. In this instance, the challenge we faced was to reinstate the Villa’s role as the hub for an<br />
intellectual circle that it had originally acquired from the mid-16th-century onwards, making<br />
the most of that relationship of perfect harmony between manmade architecture<br />
and nature that has always been its exclusive preserve. Having begun in 2007, the long,<br />
laborious restoration process was completed in June <strong>2011</strong>, just prior to the Villa being opened<br />
up to the public. In the months leading up to the inauguration, the works focused mainly on<br />
overhauling the landscaped areas and on the interior design elements, including<br />
the creation of a special technical lighting solution geared towards making the visit all<br />
the more involving. The courtyard space in front of the Villa was restored in such a way as<br />
to retain the original Renaissance design, whereas the outbuilding became the new home<br />
for the shop and the ticket office. To tell the story of the property in the most engaging<br />
way possible, taking in its specific artistic and architectural features and illustrating the main<br />
restoration operations carried out, we decided to use part of the terrace floor of the Villa for the<br />
information rooms, whereas the piano nobile – its Venetian-style flooring now beautifully<br />
restored – plays host to the historical furnishings. Last of all, with a view to transforming<br />
the Villa dei Vescovi into a frame of reference for high-quality tourism throughout the area,<br />
we used the attic floor to create two large guest apartments that are ready to provide a warm<br />
welcome to visitors from around the world.<br />
© G. Majno<br />
2,569<br />
m 2 Venetian-style<br />
and cotto-tile flooring<br />
AT THE VILLA DEI VESCOVI, WE RESTORED<br />
Restoration works at<br />
the Villa dei Vescovi,<br />
Luvigliano di Torreglia<br />
(Padua)<br />
1,390 1,627<br />
m 2 of plasterwork m 2 of frescoes<br />
26 <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> 27
1. Protecting and enhancing<br />
Restoration<br />
Tutelare e valorizzare<br />
Restauro<br />
© A. Angelucci<br />
© A. Angelucci<br />
THE BOSCO DI SAN FRANCESCO, A JOURNEY OF DISCOVERY THROUGH THE<br />
LANDSCAPES OF ST FRANCIS<br />
On 11 November <strong>2011</strong>, after more than a year of work, the Bosco di San Francesco was<br />
officially opened to the public . The objective of the restoration and re-landscaping<br />
project was to offer visitors the possibility of undertaking a real interior journey to discover<br />
the message of perfect harmony between Man and Nature that Saint Francis sent<br />
out to the world, starting from right here. In the first phase, we reinstated and made safe<br />
the paths and dealt with the overhaul of the landscape in the areas at the edges of the<br />
paths, followed by the bedding out of 200 new olive trees, high-trunked trees and<br />
around a thousand shrubs. The most challenging aspect, however, concerned the Santa<br />
Croce Complex, a microcosm – inhabited in the late 13th/early 14th century by Benedictine<br />
monks – that encompasses a church, a mill, the remains of a hospice and of a monastery, and<br />
further away, an ancient tower-cum-manufactory. Thanks to a complicated array of operations,<br />
which involved a plethora of different professionals, we managed to complete a conservative<br />
restoration of the buildings – an operation that has seen them become functional<br />
once again. The rooms of the presbytery have been refurbished as a reception and<br />
information point for visitors, complete with a bookshop and an educational exhibition,<br />
whereas the Mill has been renovated to provide catering facilities for visitors to the Bosco<br />
di San Francesco. In the Hospice area, figs, walnuts and other fruit trees have been<br />
used to redesign the internal terraces to evoke the lost garden of the Benedictine monks,<br />
whereas the ancient Annamaria Tower has had its masonry consolidated and has<br />
been fitted with a new iron staircase to allow access to the roof, in order to afford visitors a<br />
panoramic view over the clearing of the Terzo Paradiso (Third Paradise).<br />
THE RESTORATION AND<br />
ENHANCEMENT OF THE BOSCO<br />
DI SAN FRANCESCO<br />
50,000<br />
m² of woodland overhauled<br />
1,000<br />
shrubs<br />
140<br />
abandoned olive trees<br />
given a new lease of life<br />
200<br />
new olive trees planted<br />
3.5<br />
km of paths upgraded<br />
1,720<br />
m 2 of rebuilding using<br />
recovered stone<br />
THE RESTORATION OF THE BENEDICTINE COMPLEX OF SANTA CROCE<br />
15,000<br />
pieces of stone used<br />
for the reconstruction<br />
of the dry-stone walls<br />
of the olive groves<br />
21,000<br />
man-hours of work devoted<br />
to the restoration of the<br />
Santa Croce complex<br />
520 430<br />
man-hours of work on the man-hours dedicated to the<br />
archaeological excavations restoration of the fresco in<br />
for the hospice and the the Church of Santa Croce<br />
Annamaria tower<br />
30<br />
tonnes of waste and<br />
362<br />
tyres removed<br />
28 <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> 29
1. Protecting and enhancing<br />
Restoration<br />
1. Protecting and enhancing<br />
Restoration<br />
To offer visitors<br />
an increasingly<br />
comfortable<br />
and engaging<br />
experience,<br />
we carried out<br />
restoration<br />
operations<br />
at numerous<br />
properties: from the<br />
resurfacing of the<br />
access route to the<br />
Villa del Balbianello<br />
to the new visitor<br />
routes at Villa Della<br />
Porta Bozzolo and<br />
the Castello di<br />
Masino.<br />
ENHANCING THE VISITOR EXPERIENCE<br />
Every single aspect of our endeavours to safeguard and make the most of the wonderful<br />
embodiments of Italy’s artistic heritage, nature and landscape is geared towards the<br />
objective of re-opening the properties to the public so that they can be used<br />
and enjoyed by everyone, forever. As such, for us it is fundamental to offer a visitor<br />
experience that is increasingly comfortable, engaging and exciting. For this reason,<br />
in <strong>2011</strong> as in previous years we put a great deal of effort into the restoration works intended<br />
to make a visit to a number of our properties all the richer and more unique. At the<br />
Villa del Balbianello, in July we completed the resurfacing of the access road, which –<br />
once it has taken on a more natural appearance with the passage of time – will be perfectly<br />
integrated into the colours of the surrounding environment. The forestry works on the Dosso<br />
di Lavedo lasted until August 2012. These wide-ranging operations encompassed not only the<br />
regeneration of the woodland but also the hydrogeological and infrastructural aspects, as well<br />
as the upgrading of site accessibility, along with the creation of picnic areas. At Villa Della<br />
Porta Bozzolo, we worked hard to improve the visitor experience by making major alterations<br />
to the visitor route: to allow access to the recently restored areas of the Library and the Study,<br />
while preserving the tempera decoration of the narrow corridor opposite, we renovated a small<br />
room that had previously been off-limits to the public and we changed the adjacent room into<br />
a service space for use by visitors. In addition, to make the 17,000m² of woodland surrounding<br />
the Villa more accessible, we reconditioned the avenue of cypresses, which rises up to the top<br />
of the hill that overlooks the property, and we also re-ordered the promenade of aedicules. Last<br />
but not least, we renovated the visitor parking area, increasing and rationalising the available<br />
car-parking spaces and installing a system of LED lighting. A new visitor route was also laid<br />
out at the Castello di Masino: the restoration of the stucco room (Gabinetto degli stucchi)<br />
and the arrangement of the winter dining room (Sala da Pranzo Invernale), originally designed<br />
for Princess Cristina Trivulzio Belgiojoso, now enable visitors to discover a new chapter in the<br />
history of this extraordinary figure of the movement for the unification and independence of<br />
Italy. In the Torrazza, we completed the restoration of the Round Library (Biblioteca Rotonda)<br />
and the adjacent Viceroy’s Workshop (Laboratorio Vicerè), which were equipped with a new<br />
lighting system.<br />
THE MAIN INVESTMENTS IN RESTORATION OF THE PROPERTIES IN <strong>2011</strong> (IN EUROS)<br />
BOSCO DI SAN FRANCESCO 2,873,448<br />
VILLA DEI VESCOVI 1,946,561<br />
CASTELLO DI MASINO 530,637<br />
VILLA DEL BALBIANELLO 442,488<br />
VILLA DELLA PORTA BOZZOLO 434,841<br />
ABBAZIA DI SAN FRUTTUOSO 208,719<br />
VILLA E COLLEZIONE PANZA 232,775<br />
MONASTERO DI TORBA 180,404<br />
CASTELLO DELLA MANTA 167,546<br />
VILLA NECCHI CAMPIGLIO 124,289<br />
CASTELLO DI AVIO 23,090<br />
© Istockphoto<br />
ALL-ENCOMPASSING PROTECTION<br />
Taking responsibility for a property means taking care of every single aspect of it: from<br />
the frescoes that embellish the walls of villas and castles to the door and window frames, the<br />
boundary walls, the flower beds and the security systems.<br />
At the Castello di Masino, we completed the restoration of the decorated walls of the<br />
Library (Biblioteca), reclaimed the beautiful original marble floor of the adjacent room and<br />
restored the large wardrobe that takes up an entire wall. To allow visitors to admire the<br />
decorations that have emerged, the bookcases of the library in the so-called “Red Rooms”<br />
(Stanze Rosse) have been repositioned.<br />
At Villa Panza, we started work on the conservative restoration of the boundary wall, which<br />
- in accordance with the relevant government planning department – has required the setting<br />
out of precise methods for the filling in of the gaps and the harmonisation of the contrasting<br />
colours of the various types of plaster. In contrast, the conservative restoration and alteration<br />
to new uses of the Palazzo e Torre Campatelli is very much based on the deployment of<br />
latest-generation technology; the project involved an in-depth study of the buildings’ structures<br />
conducted by the Archaeology Laboratory of the University of Siena. Thanks to a very highresolution<br />
survey of the facade of the Palazzo, carried out using cutting-edge Zscan technology,<br />
it proved possible to reconstruct its architectural evolution and to identify the various<br />
construction phases.<br />
And at Villa Necchi Campiglio we carried out various upgrades of the fire-prevention<br />
systems and installed burglar alarms throughout the complex, as well as creating new<br />
flowerbeds in the garden.<br />
GLOBAL RECOGNITION<br />
Since June 25, <strong>2011</strong>, the Monastero di Torba and the Castelseprio archaeological area<br />
have featured on the list of UNESCO World Heritage Sites as part of the group called “The<br />
Longobards in Italy. Places of Power (568-774 AD)”. In June <strong>2011</strong>, we completed the works to<br />
overhaul the section of the path falling within our property that linked the Monastero di Torba<br />
to the Castelseprio archaeological park, as well as the conservative restoration of the existing<br />
archaeological structures.<br />
From the restoration<br />
of frescoes and<br />
boundary walls<br />
to changing the<br />
intended use<br />
of spaces and<br />
landscaping<br />
operations – day<br />
after day, we deal<br />
with every single<br />
aspect of the<br />
protection of our<br />
properties, and<br />
our efforts were<br />
rewarded in <strong>2011</strong><br />
with the adding<br />
of the Castello di<br />
Torba to the list<br />
of UNESCO World<br />
Heritage Sites.<br />
Above:<br />
San Gimignano (Siena).<br />
30 <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> 31
over 36 years, we have<br />
raised and subsequently invested<br />
€ 67milion<br />
in restoration projects<br />
safeguarded<br />
5,283,000<br />
m² of countryside<br />
A view of Orobian Alps from the Boschi Tirinzoni – Talamona (Sondrio), bequested by Stefano Tirinzoni<br />
protected 482,000<br />
m² of productive agricultural land<br />
32 <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> 33
1. Protecting and enhancing<br />
Conservation<br />
1. Protecting and enhancing<br />
Day-to-day management<br />
© A. Totaro<br />
© M. Govino<br />
© M. Maniscalco<br />
Our properties are<br />
treasure troves that<br />
house more than<br />
15,000 pieces of<br />
furniture and objets<br />
d’art, in excess<br />
of 25,000 books<br />
and 15,000 m2 of<br />
frescoed surfaces<br />
that we work hard<br />
to protect and keep<br />
in the best possible<br />
condition.<br />
Above, from left:<br />
“Il Dormiente” (The Sleeper),<br />
a statue sited in the garden<br />
of Villa Necchi Campiglio<br />
in Milan.<br />
Right: The Canaletto from<br />
the Gian Ferrari Collection.<br />
A STATE OF THE ART INTERVENTION<br />
The properties for which we are responsible often house large, important art collections<br />
that require constant care and maintenance so that the visitors of both today and<br />
tomorrow can admire them in all their splendour. As in previous years, in <strong>2011</strong> we continued<br />
with the property protection operations that have thus far seen us restore more than one<br />
thousand works of art.<br />
The leading light of the year was undoubtedly the artist Arturo Martini, whose work Il<br />
dormiente (The Sleeper) – a marble copy of the plaster cast donated to us by Claudia<br />
Gian Ferrari – was sited in the garden of Villa Necchi Campiglio, precisely where<br />
the Milanese art dealer and collector wanted it to be located. Another work by the Trevisan<br />
artist, 1921’s Busto di fanciulla (Bust of a Girl), located in the Library and forming<br />
part of the Claudia Gian Ferrari Collection, was cleaned up to make it all the more attractive.<br />
Equally important was the prolonged restoration of the cycle of frescoes by the<br />
Flemish artist Lambert Sustris that embellish the Villa dei Vescovi. Thanks to the<br />
opening of the Villa, visitors can once again admire the painted landscapes and faux arcades<br />
that, together with the delightful seascapes and rural scenes in the distance, merge into the<br />
views of the surrounding (real) countryside. To make it possible for an ever-higher number of<br />
people to savour the works of art conserved within the properties, we do not stop at simply<br />
restoring them – rather, we allow them to be shown within a limited number of important<br />
exhibitions staged in Italy and overseas. In <strong>2011</strong>, this practice of ours became a<br />
high-profile part of the celebrations marking the 150th anniversary of Italian Unification:<br />
Canaletto’s painting The Entrance to the Grand Canal with Santa Maria della Salute, which<br />
belongs to the Alighiero and Emilietta de’ Micheli Collection at Villa Necchi Campiglio, was<br />
displayed within the touring exhibition “La bella Italia. Arte e identità delle città<br />
capitali” (Beautiful Italy: Art and Identity in the Capital Cities), held at the Palace of Venaria<br />
in Turin and Palazzo Pitti in Florence. The Portrait of Cristina Trivulzio di Belgiojoso by Henri<br />
Lehmann and Vincent Vidal’s work with the same title, which are usually on display at the<br />
Castello di Masino, were loaned out for the major exhibition entitled “I giovani ribelli del<br />
’48. Memorie del risorgimento lombardo” (The Young Rebels of ‘48. Memories of the<br />
Lombard Risorgimento) at the Palazzo Reale in Milan. Lastly, the display case containing the<br />
red shirt of Garibaldi supporter Camillo Bozzolo conserved in Casalzuigno town hall was,<br />
as a one-off, displayed at Villa Della Porta Bozzolo until the end of <strong>2011</strong>.<br />
EXCELLENCE LIES IN THE DETAILS<br />
Every day, the managers of the twenty-five properties open to the public, together<br />
with their staff, work hard to take care of even the smallest details with a view to<br />
ensuring that the visitor experience is always highly enjoyable and engaging. Opening the<br />
hundreds of windows in a villa or a castle, acting promptly to fix a creaking shutter or to repair<br />
a tiny leak that risks damaging a fresco: the care that these wonderful but delicate properties<br />
require is truly infinite. All of our work, which is carried out with dedication, passion and<br />
a sense of responsibility, is informed by a commitment to excellence that guarantees<br />
constant monitoring against neglect and decay.<br />
As in previous years, again in <strong>2011</strong> we sub-divided the budget intended for the maintenance<br />
of the properties into various cost items that set aside, on the basis of the specific<br />
requirements of the buildings and gardens, funds for the (preventative, scheduled and<br />
enhancement-focused) maintenance operations, as well as funds with which to<br />
carry out emergency repairs.<br />
This approach has allowed us both to schedule our operations more effectively, with<br />
a resultant optimisation of costs, and to achieve more accurate monitoring of the state of<br />
conservation of the properties, as well as better control over the preventative actions being<br />
implemented. The negotiation of existing contracts and the creation of a network linking<br />
up the properties have together allowed for an economy of scale that has resulted in a<br />
reduction of the total maintenance bill.<br />
In the Castello di<br />
Masino alone, it<br />
takes us three hours<br />
every day to open,<br />
close and check<br />
the condition of the<br />
100+ shutters and<br />
windows, amounting<br />
to a total of 1,095<br />
man-hours per year.<br />
Above, from left:<br />
Pruning at the Giardino della<br />
Kolymbetra, in the Valley of<br />
the Temples (Agrigento).<br />
Right: Villa Necchi<br />
Campiglio, Milan<br />
34 <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> 35
1. Protecting and enhancing<br />
Opening up to the public<br />
Tutelare e valorizzare<br />
Apertura al pubblico<br />
© F. Pagani<br />
© A. Angelucci<br />
FAI - Castello di Masino, Caravino (TO)<br />
2007 2008 2009 2010 <strong>2011</strong><br />
409,000<br />
TOTAL VISITOR<br />
NUMBERS OVER<br />
RECENT YEARS<br />
336,800<br />
381,000<br />
370,000<br />
358,000<br />
WONDERFUL PROPERTIES TO BE FULLY EXPERIENCED<br />
The ultimate aim of our work is, having restored our properties, to open them up to the public,<br />
allowing everyone who is interested to experience all that they have to offer first-hand. For this<br />
reason, each of the properties for which we are responsible can be visited every day<br />
from spring through to autumn and in certain cases – such as Villa Necchi Campiglio in<br />
Milan – for almost 365 days a year. This has allowed us to welcome, over the course of the 36<br />
years for which we have been operating, a total of around five million visitors.<br />
In <strong>2011</strong>, the most popular of our properties with the general public turned out to<br />
be the Castello di Masino, which was visited by a total of 67,000 people. Not far behind<br />
came the Villa del Balbianello, which – with more than 50,000 visitors – knocked<br />
the Parco Villa Gregoriana (with a still very respectable figure of 47,700 visitors) into<br />
third place this year. Overall visitor numbers to all of our properties were 3% up on 2010,<br />
thanks in part to the increasing attractiveness of the events and initiatives staged there. As<br />
a result, revenues at the ticket desks were 13.3% up on the year before, thanks also<br />
to the increased demand for services relating to school trips. The gross turnover of the<br />
bookshops fell very slightly – by 1%, net of sales made at special events. This decrease, albeit<br />
minimal, was most likely a result of the challenging economic backdrop.<br />
These figures do not take into account the three new properties that we opened up to the<br />
public in <strong>2011</strong>: in 9 months, the Negozio Olivetti attracted more than 11,000 visitors<br />
(including tourists, residents keen to rediscover this little treasure, and connoisseurs of<br />
architecture); the loggias, the magnificent frescoes and the superb grounds that invite you to<br />
indulge in the “leisure pursuits” afforded by the Villa dei Vescovi have proved so attractive<br />
that in just 6 months they have managed to pull in more than 22,500 visitors, who have<br />
been unanimously delighted by the maniacal attention to detail and warm welcome on offer<br />
there; last of all, the Bosco di San Francesco, to which entry is free of charge, has been<br />
transformed in next-to-no-time into one of the favoured destinations for travellers and pilgrims<br />
in search of an extraordinary mystical/spiritual path that allows them to feel at one with nature.<br />
© E. Volpato<br />
36 <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> 37
1. Protecting and enhancing<br />
Opening up to the public<br />
Tutelare e valorizzare<br />
Apertura al pubblico<br />
2007 2008 2009 2010 <strong>2011</strong><br />
125<br />
© F. Pagani<br />
© A. Angelucci<br />
EVENTS OVER<br />
RECENT YEARS<br />
85 88<br />
51<br />
55<br />
© G. Rossetti<br />
In <strong>2011</strong>, we<br />
organised around<br />
120 different events<br />
at our properties,<br />
adding up to a total<br />
of more than 1,000<br />
days dedicated to<br />
young people, adults<br />
and – above all –<br />
families.<br />
Above, from left:<br />
Villa Della Porta Bozzolo,<br />
Casalzuigno (Varese)<br />
Right: signage at the Bosco<br />
di San Francesco, Assisi<br />
(Perugia)<br />
UNMISSABLE OPPORTUNITIES TO ENRICH THE SOUL WITH CULTURE<br />
Discovering the tricks to create the most beautiful and original garden, savouring the most<br />
authentic local products, travelling back in time to take on ancient challenges, listening to<br />
music and poetry immersed in nature, uncovering the secrets of the stars surrounded by the<br />
fragrance of oranges – at the events that we organise every year within our properties,<br />
there really is no limit to the excitement on offer for visitors, who can play their part in<br />
helping to make the most of the main aspects of traditional Italian culture and the<br />
culture of the local area in which the property is located.<br />
Like previous years, <strong>2011</strong> saw numerous events being staged in FAI properties, of<br />
which four in particular were very well received indeed by the public. The year began with “B<br />
for FAI”, the extraordinary fund-raising event held at Villa Necchi Campiglio that offered up<br />
for sale a wealth of clothes that belonged to Bettina Gabetti, a woman of renowned elegance.<br />
The event, directed by designer Stéphan Janson, was organised on the initiative of Bettina’s<br />
children, who generously donated their mother’s wardrobe.<br />
The Milanese villa also provided the setting for the celebration of the final part in the trilogy<br />
of “The hand of...” books with a major exhibition of designs for “The Hand of the Graphic<br />
Designer”, edited by Pietro Corraini. The exhibition was followed by a fund-raising auction<br />
presided over by Sotheby’s, whereas the entire collection of 367 designs was showcased in an<br />
exceptionally stylish catalogue created by the timeless Moleskine company, which is on sale<br />
around the world.<br />
The Trust’s only Milanese property could not fail to pay homage to the great artist Mario Sironi<br />
on the 50th anniversary of his death, dedicating to him the exhibition “Sironi: war, victory,<br />
drama”, curated by Elena Pontiggia and based around the works in the collection of the noted<br />
Milanese lawyer Lodovico Isolabella. Also on display was an anthology of Sironi’s works on the<br />
same theme, including some from the Gian Ferrari collection: a way to remember, a year after<br />
her death, Claudia Gian Ferrari, the well-known Milanese gallery owner, who donated part of her<br />
important 20th-century art collection to be put on display at Villa Necchi.<br />
Last of all, the Castello di Masino played host to the twentieth “Tre Giorni per il Giardino”<br />
(Three Days for the Garden), the major flower show curated by architect Paolo Pejrone,<br />
which – despite the adverse weather conditions – attracted more than 18,000 visitors.<br />
38 <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> 39
2. Educating and raising awareness<br />
Major projects<br />
Educare e sensibilizzare<br />
Apertura al pubblico<br />
© S. Camagni<br />
I TAKE PART, THEREFORE I AM…RESPONSIBLE<br />
As states Article 2 of our Statute, FAI has the exclusive purpose of educating the public on<br />
the defence of the environment and the artistic and monumental heritage. This is<br />
an objective that we pursue by organising a series of activities that range from raising the<br />
awareness of youngsters to the promotion of culture and art through the involvement of citizens<br />
in major local and national events, art courses, cultural trips and concerts.<br />
As before, again in <strong>2011</strong> the most important national event was the 19th “Giornata FAI di<br />
Primavera” (FAI Spring Day), held on 24 and 25 March, and this year all the stops were pulled<br />
out in order to celebrate the 150th anniversary of Italian Unification. To mark the occasion,<br />
alongside the special opening of 660 properties across every Italian region – which saw<br />
the participation of more than 500,000 people and benefited from the support of 7,000<br />
volunteers – we also came up with special routes dedicated to the Risorgimento<br />
(the movement for Italian unification and independence); these events, too, were attended by<br />
large numbers of participants. In first place, appropriately enough, was Turin, with 11,000<br />
visitors in total, while 4,000 FAI members visited the Palazzo del Quirinale in Rome<br />
(the official residence of the Italian President). Of equal importance was the success of the<br />
initiative entitled “Art: a bridge between cultures”, which was staged across 36 Italian<br />
towns and cities and allowed thousands of visitors from outside Italy to be taken on guided<br />
tours in their own languages. <strong>2011</strong> also saw the second staging of the national fund-raising<br />
campaign, called “Ricordati di salvare l’Italia” (Remember to save Italy), which enabled<br />
us to raise awareness on the importance of protecting and safeguarding Italy’s heritage of art<br />
and nature. The “FAI Festa alla Piazza” (FAI Piazza Party) event was staged throughout Italy<br />
thanks to the Delegations and to our volunteers, with whom we celebrated Italy’s most beautiful<br />
squares. Since the FAI biennial “I Luoghi del Cuore” (“Italian Places I Love” survey) was<br />
not staged in <strong>2011</strong>, we were able to concentrate our efforts in order to ensure that we could<br />
make the most of the nearly 500,000 votes cast, and we selected 11 sites for direct<br />
intervention. In addition, the third short-film competition was held in <strong>2011</strong> – called “FAI<br />
il tuo film” (Make Your Own FAI Film) and focusing on the “Places I Love”, three short films<br />
by talented young directors were commissioned as a result of the competition. The films were<br />
shown during the Milan Film Festival (9-18 September).<br />
“GIORNATA FAI DI PRIMAVERA”<br />
(FAI SPRING DAY)<br />
A SCUOLA DI VALORI<br />
L’educazione e la sensibilizzazione della collettività alla conoscenza, al rispetto e alla cura<br />
dell’arte FACTS e della natura AND deve partire FIGURES<br />
necessariamente dalle generazioni più giovani.<br />
Per questo il nostro Settore Scuola Educazione è costantemente impegnato nella<br />
formazione e sensibilizzazione dei docenti e degli studenti di tutte le età a difesa<br />
del paesaggio italiano. Nel <strong>2011</strong> abbiamo rinnovato il protocollo d’intesa triennale con<br />
2007 2008 2009 2010 <strong>2011</strong><br />
il Ministero dell’Istruzione, dell’Università e della Ricerca e abbiamo attivato un<br />
accordo con l’Associazione Nazionale Presidi.<br />
110<br />
Per consentire ai ragazzi di scoprire la storia, l’arte, le tradizioni, e i modi di abitare di un<br />
DELEGATIONS<br />
103<br />
tempo, abbiamo organizzato visite scolastiche in 19 Beni e messo a punto percorsi di<br />
99 99 99<br />
visita dedicati con animazioni in costume, schede didattiche di osservazione e scoperta e<br />
laboratori creativi per i tre nuovi Beni aperti. Per incrementare il flusso di scolaresche inoltre<br />
sono state istituite le gite di inizio anno e le 10feste di fine anno. Nonostante la forte crisi<br />
9<br />
del turismo scolastico, siamo riusciti a mantenere costante il numero di studenti in visita grazie<br />
FAI GROUPS<br />
8<br />
anche all’attivazione di accordi con tour operator e abbiamo riproposto i campi estivi di<br />
7<br />
volontariato ambientale per la salvaguardia 6 della tartaruga Caretta Caretta lungo la costa<br />
ionica calabrese.<br />
Conclusi con successo i progetti nazionali 2010/11 “Fratelli d’Italia” e 660 il “Torneo del<br />
paesaggio”, in autunno sono stati lanciati due nuovi progetti che 590 hanno coinvolto circa 40mila<br />
PROPERTIES<br />
580<br />
studenti: “Io Museo, e tu” e la II edizione del “Torneo del paesaggio” gara di cultura<br />
OPEN<br />
550<br />
sul Patrimonio Immateriale UNESCO. Alle scuole elementari e medie di Lombardia, Emilia<br />
500<br />
Romagna, Molise e Sardegna è stato proposto il progetto di educazione ambientale “Viva<br />
la Terra! <strong>Fai</strong> anche tu: fai la differenza”. Inoltre, in collaborazione con il Ministero<br />
dell’Ambiente e della Tutela del Territorio e del Mare, abbiamo 500,000 lanciato il 500,000 progetto di educazione<br />
VISITORS<br />
450,000 450,000<br />
ambientale per la scuola dell’infanzia “R come Ricerco, Rifletto, Riduco, Riciclo e…<br />
350,000<br />
guarda come mi diverto!”.<br />
A tutti gli oltre 45mila studenti iscritti al FAI abbiamo inviato il kit Adesione Scuola<br />
contenente i due nuovi numeri delle collane didattiche “I Quaderni FAI Scuola” dedicata<br />
all’esplorazione del territorio e i Cd 7,000 “Art-Stories” 7,000che hanno 7,000 approfondito 7,000 7,000 il tema dell’acqua<br />
VOLUNTEERS<br />
“APPRENDISTI<br />
CICERONI ® ”<br />
(YOUNG<br />
APPRENTICE<br />
TOUR GUIDES)<br />
MEMBERSHIPS<br />
10,000<br />
6,025<br />
11,000<br />
6,715<br />
12,000<br />
7,806<br />
12,000<br />
9,368<br />
13,000<br />
12,743<br />
Un totale di 49.165<br />
studenti hanno<br />
partecipato alle visite<br />
scolastiche organizzate<br />
in 19 Beni, e 40mila<br />
sono stati coinvolti nei<br />
due progetti nazionali<br />
“Io Museo, e tu” e la<br />
II edizione del “Torneo<br />
del paesaggio”.<br />
INFOGRAFICA<br />
Gli studenti iscritti al<br />
FAI negli anni<br />
2007 24.025<br />
2008 34.450<br />
2009 45.225<br />
2010 38.600<br />
<strong>2011</strong> 46.175<br />
© F. Pagani<br />
40 <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> 41
FAI - Giardino della Kolymbetra, Valley of the Temples (Agrigento)<br />
Educare e sensibilizzare<br />
Grandi progetti<br />
2. Educating and raising awareness<br />
School<br />
EDUCATING SCHOOL CHILDREN TO OUR VALUES<br />
Educating and raising the awareness of the public on understanding, respecting and taking care<br />
of art and nature must necessarily start with younger generations.<br />
For this reason, our Schools Education Department is constantly engaged on training<br />
and raising the awareness of teachers and pupils of all ages on how to defend the<br />
Italian landscape. In <strong>2011</strong>, we renewed the three-year memorandum of understanding<br />
with the Ministry of Education, Universities and Research and we signed an<br />
agreement with the National Headmasters’ Association. To allow children to discover<br />
more about history, art, traditions and the lifestyles of the past, we organised school trips<br />
to 19 properties and we developed special visitor experiences with entertainers in costume,<br />
observation-and-discovery sheets and creative workshops for the three new properties opened<br />
in <strong>2011</strong>. To increase the flow of school children, we also established start-of-year trips and<br />
end-of-year parties. Despite the major crisis in school tourism, we managed to maintain the<br />
number of students visiting thanks to the implementation of agreements with tour operators,<br />
and we have started once again to hold the volunteer-run summer camps geared towards<br />
safeguarding the Caretta Caretta loggerhead sea turtle along the Ionian coast of Calabria.<br />
A total of<br />
49,165 students<br />
participated in<br />
school visits to<br />
19 properties in all,<br />
and 40,000 were<br />
involved in the two<br />
national projects:<br />
“Io Museo, e tu”<br />
(I visit museums,<br />
what about<br />
you) and the<br />
second “Torneo<br />
del paesaggio”<br />
(Countryside<br />
Tournament).<br />
SCHOOL-STUDENT<br />
MEMBERS OF FAI<br />
OVER RECENT YEARS<br />
2007 2008 2009 2010 <strong>2011</strong><br />
Following the successful conclusion of the 2010-11 national projects, entitled “Fratelli d’Italia”<br />
(Brothers and Sisters of Italy) and “Torneo del paesaggio” (Countryside Tournament), in<br />
the autumn we launched two new projects that involved around 40,000 school students:<br />
“Io Museo, e tu” (I visit museums, what about you) and the second “Torneo<br />
del paesaggio”, a culture-based contest focusing on the UNESCO Intangible Cultural<br />
Heritage. Primary and middle schools in Lombardy, Emilia Romagna, Molise and Sardinia got<br />
involved in the environmental education project called “Viva la Terra! <strong>Fai</strong> anche tu: fai<br />
la differenza” (Long Live Planet Earth! Do your bit to make the difference).<br />
In addition, in partnership with the Italian Ministry of the Environment, we launched an<br />
environmental education project aimed at nursery school children, entitled “R come Ricerco,<br />
Rifletto, Riduco, Riciclo e…guarda come mi diverto!” (R as in “I Research, I Reflect, I<br />
Reduce, I Recycle”...and look how much fun it is!). To all of the 45,000+ school<br />
students who are FAI members we sent out the School Membership kit, containing the two<br />
most recent issues of “I Quaderni FAI Scuola” (The FAI School Notebooks), which<br />
deal with exploring the local area, and the “Art Stories” CDs, which concentrate on the theme<br />
of water in art. The www.faiscuola.it site received more than one million hits.<br />
45,225<br />
46,176<br />
38,600<br />
34,450<br />
24,025<br />
42 <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> 43
2. Educating and raising awareness<br />
Delegations<br />
Educare e sensibilizzare<br />
Apertura al pubblico<br />
© S. Camagni<br />
© E. Volpato<br />
In <strong>2011</strong>, we had<br />
a total of 112<br />
Delegations across<br />
the 20 regions of<br />
Italy. In addition,<br />
there were 27 FAI<br />
Groups and 31<br />
FAI Youth Groups.<br />
109 Delegations<br />
and 7 FAI Groups<br />
participated proactively<br />
in the<br />
“Giornata FAI<br />
di Primavera”<br />
(FAI Spring Day),<br />
assisted by 7,000<br />
volunteers and<br />
13,000 student tour<br />
guides.<br />
OUR VOICE ACROSS THE COUNTRY<br />
Our ability to highlight our core values on a nationwide basis also depends very much<br />
on having an extensive presence across the country. This is an objective that we are<br />
able to pursue thanks to the support of our network of local Delegations, which – as of<br />
late <strong>2011</strong> – had reached a full 112 across the 20 Italian regions. The local Delegations are<br />
complemented by the 27 FAI Groups – groups of volunteers operating in the corresponding<br />
areas of the various Delegations. New groups have sprung up in North-East Milan, South-East<br />
Milan in the Milanese hinterland, Alessandria in the Casale Monferrato area, Gaeta in the<br />
province of Latina, and Alto Novarese, Monte Regio and Valsesia in the Novara area. Equally<br />
important is the work of the 31 FAI Youth Groups to which we entrust the task of spreading<br />
the values and mission of FAI amongst young people both locally and regionally, and via the<br />
internet and social networks.<br />
In <strong>2011</strong>, the events that benefited from the direct input of our Delegates included, as always,<br />
the “Giornata FAI di Primavera” (FAI Spring Day), which in March saw the participation<br />
of 110 Delegations and 7 FAI Groups, ably assisted by 7,000 volunteers and 13,000<br />
students serving as Apprentice Tour Guides (or “Apprendisti Ciceroni” as<br />
they are called in Italian). Thanks to the help of our volunteers, we organised the “Festa<br />
alla Piazza” (Piazza Party) in 60 Italian towns and cities; this event was staged in support<br />
of the “Ricordati di salvare l’Italia” (Remember to save Italy) campaign. The venues for the<br />
parties were provided by Italy’s piazzas, the much-used meeting places where the Delegations<br />
orchestrated guided tours and special itineraries, initiatives for children, photo exhibitions,<br />
tastings, historical re-enactments and performances by dancers and street artists. Alongside<br />
the major events, the support of the Delegations is also fundamental for the organisation<br />
of conferences that address issues pertinent to us. <strong>2011</strong> was the year of the national<br />
conference entitled “Sotto la cenere. Ruolo e storie di un Paese che resiste”<br />
(Under the ashes: role and stories of a country that resists), which was held in<br />
Naples and during which a number of high-profile speakers from Italy and beyond debated the<br />
role of Italy in relation to the development of western culture. The <strong>2011</strong> FAI Golf Cup circuit,<br />
organised by the Delegations, was very well received by the public: with 56 competitions and<br />
more than 5,000 players, this year as before it involved many of the most prestigious golf clubs<br />
throughout Italy. The contributions received during the competitions were set aside for the<br />
restoration work on the Bosco di San Francesco in Assisi.<br />
© E. Volpato<br />
OUR<br />
DELEGATIONS<br />
THROUGHOUT<br />
ITALY<br />
2007 2008 2009 2010 <strong>2011</strong><br />
103<br />
105<br />
109<br />
112 112<br />
44 <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> 45
2. Educating and raising awareness<br />
Culture, research and special events<br />
2. Educating and raising awareness<br />
Cultural Trips<br />
© G. Majno<br />
To mark the 150th<br />
anniversary of<br />
Italian Unification,<br />
we used images<br />
and information<br />
panels to highlight<br />
the most important<br />
episodes of<br />
resistance and<br />
heroism that<br />
involved those<br />
associated with<br />
the properties for<br />
which we are now<br />
responsible.<br />
A FOCUS ON RAISING AWARENESS<br />
FAI – Villa Fogazzaro Roi, Oria Valsolda (Lugano Lake, Como)<br />
Teaching and describing the history of Italian art and of the Italian identity is a special<br />
way to raise the awareness of the general public about the importance of protecting<br />
Italy’s cultural heritage. For this reason, every year we organise art courses targeted at all<br />
culture vultures. In <strong>2011</strong>, it was the turn of the Milanese cycle entitled “Maestri d’Italia.<br />
La nascita di un linguaggio figurativo nazionale” (Italian Masters: the birth of<br />
a national figurative language), which looked in detail at the 16th and 17th centuries<br />
in order to identify the key figures of Italian art – from Caravaggio to Bernini and Borromini<br />
– who left an indelible mark on the entire country. Other history lessons were given in <strong>2011</strong> to<br />
accompany the exhibition on Sironi at Villa Necchi Campiglio, focusing on the work of the<br />
great Sassari-born maestro and on art and culture in Milan during the Great War.<br />
To celebrate the 150th anniversary of Italian Unification, we came up with an ad hoc study<br />
campaign on those events of the Risorgimento (the movement for the unification<br />
and independence of Italy, achieved in 1870) that involved our properties: from<br />
Villa del Balbianello to the Abbazia di San Fruttuoso, from Villa Panza to the Castello di Masino,<br />
episodes of resistance and heroism were investigated and highlighted within the properties<br />
using appropriate illustrative panels. To mark the centenary of the death of Antonio<br />
Fogazzaro ¬– under the supervision of Francesco Spera, a lecturer in Italian Literature at the<br />
University of Milan – we dedicated an entire day to the great writer, with the presentation of<br />
a new edition of the book “Vita di Antonio Fogazzaro”, written by his devoted friend and<br />
biographer, Tommaso Gallarati Scotti.<br />
In terms of publications, we issued guides on the Negozio Olivetti and on the Villa dei<br />
Vescovi, as well as the black-and-white book on the Bosco di San Francesco, and the<br />
complete guide to the Castello di Masino.<br />
Last but by no means least, <strong>2011</strong> included two very significant musical events: the solo<br />
piano concert by Claudio Baglioni at the Teatro Comunale in Bologna, and the concert<br />
held at La Scala in Milan by the Münchner Philharmoniker conducted by Christoph<br />
Eschenbach, featuring violinist Vadim Repin.<br />
A COMMITMENT TO HIGH-QUALITY TOURISM<br />
The commitment towards increasing the public’s understanding and love of beauty also<br />
involves the promotion of high-quality tourism – the sort that makes it possible to<br />
discover the uniqueness of Italy and its extraordinary, world-class artistic and natural heritage.<br />
Accordingly, every year we offer our members a rich calendar of cultural trips both in<br />
Italy and further afield, characterised by all-new routes, specifically designed itineraries<br />
and exclusive visits to places that are difficult to access or are normally closed to the public.<br />
The trips are always made in the company of highly engaging expert guides. In <strong>2011</strong>, we<br />
had to face the challenge of the so-called “Arab Spring”; the turmoil in North Africa and the<br />
Middle East forced us to review numerous trips that we had already scheduled. Nevertheless,<br />
we did not reduce the number of trips that we organised – 27 in total. The trips to<br />
at-risk destinations were substituted by new destinations such as Uzbekistan, Athens, Vienna<br />
and London, and with return trips to other destinations such as Israel. In the year of the<br />
celebrations marking the 150th anniversary of Italian Unification, it was highly<br />
appropriate that the voyages of discovery within the Bel Paese itself were so well-received:<br />
these “domestic” trips included the itinerary dedicated to modern-day Rome, the trip to<br />
central-southern Sardinia, the visit to the Calabria region, the food-and-wine trail in the<br />
Langhe area, the visit to Venice and the end-of-year trip to Sicily. <strong>2011</strong> was also the year<br />
of the first “FAI & GO” trip, with a target audience of the under 40s; the destination<br />
for this New Year voyage was northern India, from, Rajasthan to Varanasi. The response<br />
was also very enthusiastic to the eleven short trips associated with musical events,<br />
from Nabucco conducted by Riccardo Muti at the Teatro dell’Opera in Rome, the Beethoven<br />
festival in Cologne and the New Year trip to Berlin and Dresden; also very popular were<br />
the trips reserved for the “I 200 del FAI” such as the visit to Basle to admire some of the<br />
extraordinary private collections of contemporary art to be found there, and the trip to Umbria<br />
to appreciate some of the most extraordinary Renaissance pictorial cycles and a number of<br />
gardens during the rose-blossoming season. Last of all, another very popular trip was the<br />
one that the “I 200 del FAI” made to London to visit the Leonardo da Vinci exhibition at the<br />
National Gallery.<br />
TRIPS<br />
TRAVELERS<br />
27 cultural trips<br />
were organised<br />
during the course of<br />
the year. The “FAI &<br />
GO” trips were also<br />
inaugurated in <strong>2011</strong><br />
– aimed at the under<br />
40s, the destination<br />
for the first trip was<br />
northern India.<br />
2007 2008 2009 2010 <strong>2011</strong><br />
24<br />
26 26<br />
Tullio Pericoli, Untitled, 1992, watercolour and Indian ink on paper, 38x57 cm (detail)<br />
572<br />
479<br />
579<br />
30<br />
628<br />
27<br />
540<br />
46 <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> 47
3. Supervising and intervening<br />
“SOS Paesaggio”<br />
3. Supervising and intervening<br />
“I Luoghi del Cuore” and “Puntiamo i Riflettori”<br />
THE BEATING HEART OF ITALY, REALISING WHAT IT STANDS TO LOSE<br />
<strong>2011</strong> was an “off” year for the biennial survey, but we were nevertheless highly involved in<br />
monitoring more than 40 of the places that received the most votes in 2010, selected<br />
on the basis of their historical/artistic/natural value and of their importance for<br />
their respective local areas and for the country as a whole. In the end, with the help of<br />
celebrated art historian Carlo Bertelli, we chose eleven places on which to intervene directly<br />
by making a “Places I Love” contribution. In July, thanks to the survey, we inaugurated the first<br />
restoration of a property voted for in 2010: the Piè di Marmo in Roma, the marble foot<br />
sporting a crepida (a typical Greek sandal), so beloved of the citizens of the capital. Situated in<br />
Via Santo Stefano del Cacco, in the heart of Rome’s historical centre, this monument received<br />
more votes than any other in the Lazio region in 2010 during the fifth survey.<br />
In <strong>2011</strong> we selected<br />
11 sites on which to<br />
intervene directly<br />
with a contribution<br />
from the “I Luoghi<br />
del Cuore” (“Italian<br />
Places I Love”<br />
survey), and<br />
our Delegations<br />
“Puntiamo i<br />
Riflettori” (Casting<br />
the Spotlights) on<br />
44 local properties.<br />
Every month, we<br />
evaluate forty<br />
recommendations<br />
and requests for<br />
help that come<br />
from the public,<br />
local associations,<br />
administrators<br />
and public bodies<br />
concerning cultural<br />
assets that are<br />
being neglected or<br />
are at risk of being<br />
transformed<br />
in ways that will<br />
have a major<br />
environmental<br />
impact.<br />
GUARDIANS OF THE LAND<br />
As the third part of our mission statement puts it, every day FAI supervises and<br />
intervenes pro-actively across the country to defend Italy’s landscape and<br />
cultural assets, serving as the spokesperson for the interests and expectations<br />
of civil society. FAI performs the role of a sort of ever-present “guardian” of Italy’s natural<br />
heritage – a role that sees us take tangible action whenever necessary, whether directly or<br />
in the guise of an Environmental Protection Agency officially recognised by the Italian<br />
Ministry of the Environment. It is a laborious job that is managed by our Environment and<br />
Landscape Department in close partnership with all of the Trust’s other departments and<br />
with the active contribution of our local network, very much in synergy with the “I Luoghi del<br />
Cuore” (“Italian Places I Love” national survey) and with the “Puntiamo I Riflettori” (“Casting<br />
the Spotlights” project) being run by the FAI Delegations. In <strong>2011</strong>, the “SOS Paesaggio”<br />
(SOS Countryside Emergency) section first appeared on the Fondoambiente.it<br />
website; in this section you can find out in real time about FAI’s rock-solid commitment to<br />
defending the Italian landscape. During <strong>2011</strong>, 84 cases were published complete with<br />
technical profiles and information sheets, enclosed with all of the applications made by FAI,<br />
initiatives implemented by other associations/committees, links to informative material and<br />
photographic documentation. Out of the cases published, around 20% were positively<br />
“resolved”. Also in the course of <strong>2011</strong> we compiled, with the WWF, the dossier entitled<br />
“Terra rubata. Viaggio nell’Italia che scompare. Le analisi e le proposte di<br />
FAI e WWF sul consumo di suolo” (Stolen land – a journey through disappearing Italy.<br />
The analyses and proposals of FAI and the WWF on soil consumption) . Once we submitted<br />
the dossier, we were asked to attend a hearing by the Italian Senate’s Environmental<br />
Commission. In terms of awareness-raising projects, in <strong>2011</strong> we came up with “Via Lattea”<br />
(Milky Way), an event designed to promote agriculture for the home market; “Il Paesaggio<br />
con gusto” (The Countryside with Taste), geared towards educating the public on the<br />
importance of sustainability; and the conference entitled “Terre del Parco del Ticino. Un<br />
nuovo modello di sviluppo territoriale” (Parco del Ticino. A new model of territorial<br />
development). In relation to legislative activities, in <strong>2011</strong> we proposed amendments<br />
to 12 pieces of legislation on both regional and national scales, and we submitted<br />
appeals to the TAR (regional administrative court of law) on various cases including those<br />
known as Mediapolis, Carceri Trento, Trivellazioni in Adriatico, Discariche e Commissariamento<br />
rifiuti Regione Lazio and Provvedimento Area C.<br />
THE INCREASING 2003 24,200<br />
NUMBER OF<br />
VOTES CAST IN 2004 92,468<br />
THE “I LUOGHI<br />
DEL CUORE”<br />
2006 120,960<br />
(“ITALIAN PLACES 2008 115,138<br />
I LOVE” SURVEY)<br />
2010 464,649<br />
FOCUSING ATTENTION ON LOCAL JEWELS<br />
Created in 2010, the “Puntiamo i Riflettori” (Casting the Spotlights) project has the<br />
objective of focusing attention and energy on those local assets that have special<br />
historical, cultural or emotional importance for the general public. To this end, each of our<br />
Delegations concentrates on selecting a local property that is representative of the collective<br />
identity and that has been abandoned or has become a victim of neglect but that deserves<br />
to have its original dignity restored. As such, the Delegations endeavour to raise the funds<br />
required to restore the property and to give it back to the wider community.<br />
In <strong>2011</strong>, the project extended its reach considerably to cover a total of 44 local properties;<br />
perhaps even more importantly, it generated a great deal of enthusiasm on the part of our<br />
Delegates, who understood the potential of this initiative to meet the expectations of those<br />
in their local area. The total number of projects being implemented has increased at a<br />
tremendous pace, and we have continued to work on the already active projects, in certain<br />
cases in synergy with the “Places I Love” survey. Thanks also to the input of the Delegations, at<br />
the end of the year we were able to announce numerous new interventions, including seven on<br />
properties shared by the two projects.<br />
48 <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> 49
Our mission<br />
is a major<br />
team effort<br />
© F.Pagani<br />
FROM PRINCIPLES TO REALITY<br />
For 37 years, our commitment towards protecting and enhancing Italy’s heritage of art and<br />
nature has been being translated into reality thanks not only to our passion but also, above all,<br />
to the generosity of concerned individuals and responsible companies.<br />
Together with a plethora of virtuous foundations and agencies, they stand side-by-side<br />
with us as members of a strong team that has but one overarching objective: to preserve<br />
the Italy that we would all like to see. Indeed, it is thanks to ongoing, highly transparent<br />
fund-raising operations that we are in a position to ensure the continuity and tangibility<br />
of our projects – projects that could not carry on were it not for the support provided by our<br />
marketing and communications operations. This section deals with all of those support<br />
activities that make it possible for us to pursue our mission, day in, day out.<br />
50 <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> 51
Raising and managing funds<br />
The support of companies, public-sector bodies and banking foundations<br />
Raising and managing funds<br />
The support of companies, public-sector bodies and banking foundations<br />
After years on<br />
the slide due to<br />
the challenging<br />
economic<br />
circumstances,<br />
<strong>2011</strong> saw a<br />
marked increase<br />
in the number<br />
of companies<br />
signing up for the<br />
Corporate Golden<br />
Donor programme,<br />
as well as the<br />
establishment<br />
of numerous<br />
partnerships with<br />
some of Italy’s<br />
leading businesses.<br />
Since 1975, we have been engaged every single day on protecting and enhancing Italy’s<br />
artistic and natural heritage. It is a task that does not allow for breaks, and one that we could<br />
not even attempt to perform without the valuable support of numerous far-sighted<br />
companies, sensitive public bodies and banking foundations with a sense of<br />
responsibility.<br />
SOCIAL RESPONSIBILITY: A VERY WORTHWHILE ENDEAVOUR<br />
From day one, we have been working in partnership with leading companies based in<br />
Italy and overseas, which – as part of their own corporate marketing and communications<br />
strategies – have undertaken long-term corporate social responsibility projects and<br />
targeted promotional campaigns, leveraging the myriad benefits offered by the Trust in<br />
terms of image and positioning.<br />
After years of downturn or stasis due to the challenging economic backdrop, <strong>2011</strong> saw a<br />
marked increase in the number of companies signing up for the Corporate Golden Donor<br />
programme, and many existing member companies deciding to renew their memberships.<br />
The Trust also worked hard to develop new partnerships with some of the most highprofile<br />
Italian businesses in the context of projects for the sponsorship of our major national<br />
campaigns – first and foremost, the “Giornata FAI di Primavera” (FAI Spring Day).<br />
The fund-raising campaign named “Ricordati di salvare l’Italia” (Remember to save Italy)<br />
has now become a fixture in the calendar. In <strong>2011</strong>, it was staged for the third time. Leading<br />
names in the world of large-scale distribution, specialist retailers and hotel chains<br />
were by our side in <strong>2011</strong>, raising the awareness of their customers and offering them various<br />
ways to participate in the campaign (purchasing of products, offering the FAI Donor Card and<br />
the pre-paid credit card). With the help of these companies, we managed in <strong>2011</strong> to increase<br />
the level of donations we received with respect to previous years.<br />
Equally important were the sponsorships we received for specific projects,<br />
which in <strong>2011</strong> were concerned in the main with: property restorations, events staged in the<br />
properties themselves, schools projects, the FAI Golf Cup and corporate events at Christmas.<br />
In <strong>2011</strong>, our recapitalisation fund increased by €748,000 thanks to the “I 200<br />
del FAI” group, which – in addition to signing up new members ¬– ensured that its existing<br />
members continued to contribute annually. Numerous members of the “I 200 del FAI” also<br />
helped to fund various restoration projects on our properties, and to stage musical<br />
events in Italy’s most prestigious concert halls.<br />
Also greatly appreciated were the benefits deriving from our partnerships with<br />
corporate social responsibility programmes. Specifically, the corporate volunteer<br />
projects held in the properties were met with wide-ranging approval and high levels of<br />
participation; these projects saw the companies’ employees making a very valid first-hand<br />
contribution to the task of protecting and enhancing the country’s heritage.<br />
PROJECTS THAT CAPTURE THE ATTENTION OF THE PUBLIC<br />
Despite the cuts made by the Italian government to all agencies across the board in order to<br />
comply with the Stability and Growth Pact, which inevitably had negative repercussions for<br />
the publicly funded culture sector, in <strong>2011</strong> we still managed to implement several projects<br />
with the financial support of many of the local government bodies with which we<br />
have been working for quite some time. The projects encompassed everything from largescale<br />
exhibitions to teaching activities and environmental education initiatives. In particular,<br />
the “Giornata FAI di Primavera” (FAI Spring Day) was once again the cultural event that<br />
generated the highest levels of consent and support.In terms of the public-sector contributions<br />
received by the Trust in <strong>2011</strong>, a real difference was able to be made as a result of State funding,<br />
which assumed various forms: the funding provided by the Italian Ministry of Culture to<br />
support FAI’s institutional operations; the special contribution made by the Italian Prime<br />
Minister for the celebrations marking the 150th anniversary of Italian Unification; and the<br />
concession on the so-called 8-per-1000 scheme directly managed by the State, granted to<br />
the Castello di Avio for extraordinary restoration and structural consolidation works. Thanks<br />
to regional, national and European public-sector funding, we inaugurated and/or concluded a<br />
number of important restoration and conservation projects at the properties for which<br />
we are responsible. Last but not least, the support from, and partnerships with, banking<br />
foundations and corporate foundations proved to be crucial in <strong>2011</strong>. In the main, these<br />
foundations supported – through targeted funding – the operations to restore and enhance the<br />
properties. In total, we received €2,212,000.<br />
The cuts imposed<br />
by the Italian<br />
Government to all<br />
public sector bodies<br />
in order to comply<br />
with the Stability<br />
and Growth Pact<br />
did not stop us<br />
from implementing<br />
numerous projects<br />
with the financial<br />
support of many<br />
local government<br />
bodies. This support<br />
was bolstered by<br />
the funding received<br />
from the Italian<br />
Ministry of Culture<br />
and from the Italian<br />
Prime Minister for<br />
the celebrations<br />
marking the 150th<br />
anniversary of<br />
Italian Unification.<br />
THE<br />
CONTRIBUTIONS<br />
MADE BY<br />
“CORPORATE<br />
GOLDEN<br />
DONORS” OVER<br />
RECENT YEARS<br />
(IN EUROS)<br />
2007 2008 2009 2010 <strong>2011</strong><br />
913,500<br />
858,400<br />
725,000<br />
646,700 655,400<br />
FROM<br />
INDIVIDUALS<br />
SOURCES OF FUNDING <strong>2011</strong><br />
42.11%<br />
17.31%<br />
15.76%<br />
24.82%<br />
FROM<br />
PUBLIC<br />
BODIES AND<br />
FOUNDATIONS<br />
FROM<br />
COMPANIES<br />
GENERAL<br />
SERVICES<br />
FUNDRAISING<br />
AND<br />
COMMUNICATION<br />
USE OF FUNDS <strong>2011</strong><br />
12.35%<br />
14.21%<br />
73.44%<br />
INSTITUTIONAL<br />
OPERATIONS<br />
BREAKDOWN OF INSTITUTIONAL<br />
OPERATIONS<br />
CONSERVATION<br />
AND<br />
RESTORATION<br />
39.03%<br />
PROJECTS<br />
42.67%<br />
18.30%<br />
CULTURAL<br />
AND<br />
EDUCATIONAL<br />
INITIATIVES<br />
FROM PROPERTY<br />
MANAGEMENT<br />
PROPERTY<br />
MANAGEMENT<br />
52 <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> 53
Raising and managing funds<br />
The support of individuals<br />
Raising and managing funds<br />
The support of individuals<br />
Taking account<br />
of memberships,<br />
one-off gifts<br />
and targeted<br />
contributions, we<br />
raised more than<br />
€4,800,000 – 7.2%<br />
up on 2010. In total,<br />
we had 39,680 new<br />
donors, including<br />
30,904 new<br />
Members and 8,776<br />
new Friends.<br />
CRUCIAL HELP FROM DONORS AND FRIENDS<br />
In <strong>2011</strong>, the international economic crisis had an even more significant impact in Italy<br />
than it had done in 2010, with a further reduction in GDP, stagnation in consumption and an<br />
increase in unemployment. Despite this, the Italian people clearly demonstrated their belief<br />
in our vision, and rewarded us accordingly with their support both in terms of donations<br />
and in terms of participation in our activities. Taking account of memberships, one-off gifts and<br />
targeted contributions, we received a total of more than €4,800,000 from individuals –<br />
7.2% up on 2010.<br />
In total, we had 39,680 new donors, including 30,904 new Members and 8,776<br />
new Friends, who swelled the ranks of our existing donors, thereby allowing us to reach<br />
an overall total for the year of 89,636 people. Amongst the most positive figures,<br />
there were the 8,000 donors who decided to support the Trust by making an additional<br />
contribution over and above their membership fee, and the 70% renewal rate. All of the<br />
members were able to take advantage of cultural benefits reserved exclusively for<br />
them, including 450 concessions at museums, theatres, bookshops, historic houses and parks<br />
throughout Italy, with discounts of up to 50%.<br />
The most important fund-raising event of the year was the campaign called “Ricordati di<br />
salvare l’Italia” (Remember to save Italy), which was staged during the month of October<br />
and was geared towards defending Italy’s landscape. Around 150,000 Italians donated by<br />
SMS or landline call to support the campaign, enabling us to raise €419,219. This figure was<br />
bolstered by the income generated thanks to the related marketing and fund-raising<br />
activities, making an overall total of €690,569.<br />
After various vicissitudes, in <strong>2011</strong> we finally received the funds relating to the so-called<br />
5x1000 campaign from 2009: €599,103 resulting from 9,701 preferences expressed<br />
by citizens; these funds were set aside to support our institutional activities.<br />
APPEALS, ADOPTIONS AND WEB CAMPAIGNS<br />
Alongside the high-profile campaigns, our fund-raising operations also involve the use of<br />
various channels, ranging from specific appeals on individual projects to adoptions, web<br />
campaigns and memorial bequests.<br />
In terms of specific appeals, in <strong>2011</strong> we launched two appeals to support the restoration of<br />
the landscape of the Bosco di San Francesco and the artistic restoration of the Villa dei<br />
Vescovi through direct mailing and dedicated messages in the FAI Newsletter, which together<br />
allowed us to raise a total of €160,686.<br />
The campaigns for the adoption of properties, trees, benches, rooms and<br />
restoration projects continued apace, allowing us to raise €867,000. The most frequent<br />
adoption requests concerned restoration projects, with a 45% increase on 2010.<br />
Online fund-raising operations proved increasingly effective, allowing us to<br />
generate over the course of the year a total of €286,306. This figure includes both funds<br />
raised from subscriptions and those generated by appeals or special projects.<br />
The campaigns to<br />
adopt properties,<br />
trees, benches,<br />
rooms and<br />
restoration projects<br />
allowed us to raise<br />
€867,000 – an<br />
increase of 45%<br />
on 2010 – and we<br />
received a total<br />
of €1,595,400 in<br />
financial bequests<br />
and memorial<br />
donations.<br />
BEQUESTS AND MEMORIAL DONATIONS<br />
An image used for the<br />
national fund-raising<br />
campaign “Ricordati<br />
di salvare l’Italia”<br />
(Remember to save<br />
Italy).<br />
An extremely generous decision, within everyone’s reach. By leaving even a small part of<br />
their inheritance to FAI, anyone can contribute towards recovering, protecting and<br />
making accessible the jewels large and small of Italy’s artistic and natural heritage. On an<br />
ever-increasing basis, not only Members but also all those who simply share our mission are<br />
choosing to make bequests in their wills and memorial donations to support our work.<br />
There were a great many examples during <strong>2011</strong>. Some of the most noteworthy bequests<br />
included those by Rita Bernasconi, who wanted to bring the Torre di Ossuccio under the FAI<br />
umbrella so that it could be opened up to the public; by Stefano Tirinzoni, who donated a<br />
tract of land encompassing 200 hectares of woodland, pastureland and three summits in the<br />
Orobian Alps of the Valtellina; and by Luciana Marzia Corcos, who left us her apartment in<br />
Rome.<br />
We received a total of €1,595,400 in bequests and memorial donations. The most important<br />
of these was the donation of Villa Flecchia in Magnano (Biella) by architect Piero Enrico<br />
of Turin, who also gave us an important collection of 62 nineteenth-century Piedmontese<br />
paintings, precious rugs, furniture and an extremely generous endowment. And then, there<br />
were numerous financial legacies, such as those left by Luisa Pacchioni Viterbi for the<br />
Bosco di San Francesco, by Beniamino Belluz for the Castello di Masino, by Anna Zuffa<br />
Cassoli for Villa Necchi Campiglio and by Anna Pistolesi for the Parco Villa Gregoriana.<br />
ACTIVE FAI MEMBERS<br />
AND DONORS OVER<br />
RECENT YEARS*<br />
2010 <strong>2011</strong><br />
89,636<br />
73,975<br />
*Only 2010 and <strong>2011</strong> were taken<br />
into consideration because<br />
in previous years different<br />
accounting criteria were used<br />
and, as a result, the figures are<br />
not comparable.<br />
54 <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> 55
I “200 del FAI”<br />
Honorary President<br />
Gioia Marchi Falck<br />
President<br />
Antonio Puri Purini<br />
Vice President (Operations)<br />
and Manager of the<br />
“I 200 del FAI” project<br />
Giovanna Loredan Bonetti<br />
The “I 200 del FAI”, a group<br />
composed of both individuals<br />
and companies, constitutes<br />
one of the cornerstones of<br />
FAI. Since 1987, they have<br />
been helping to increase FAI’s<br />
recapitalisation fund and<br />
have also funded important<br />
restorations of the Trust’s<br />
properties and musical<br />
events.<br />
Their moral and financial<br />
support of FAI’s mission<br />
is crucial and we are very<br />
grateful to them.<br />
A special vote of thanks goes<br />
to all those who in <strong>2011</strong><br />
made a contribution to FAI in<br />
order to increase the Trust’s<br />
recapitalisation fund.<br />
Accenture<br />
Agnelli Marella<br />
Agrati Luigi<br />
Alberti De Mazzeri Stefano<br />
Albertini Isidoro<br />
Alfa Wassermann<br />
Alleanza Toro<br />
Allianz<br />
Aloisi Ladislao<br />
Ambasz Emilio<br />
Araldi Guinetti Giuseppina<br />
Archetti Conte Maria Giuseppina<br />
Artsana<br />
Assicurazioni Generali<br />
Astaldi<br />
Banca Carige<br />
Banca CR Firenze<br />
Banca d’Italia<br />
Banca Imi<br />
Banca Mediolanum<br />
Banca Passadore<br />
Banca Popolare di Verona<br />
Banca Popolare di Vicenza<br />
Baratta Paolo<br />
Basf Italia<br />
Bedeschi Guglielmo<br />
Belloni Massimo<br />
Benetton Teresa<br />
Bernasconi Silvio<br />
Bianchi Giuliano<br />
BMW Italia<br />
BNL Gruppo BNP Paribas<br />
Boccanelli Renata<br />
Böhm Sandra<br />
Bollati di Saint Pierre Romilda<br />
Borghesi Arnaldo<br />
Borletti Buitoni Ilaria<br />
Boroli Chiara<br />
Borra Campisi Lucia<br />
Borsa Italiana<br />
Borsetti Zegna Gianna<br />
Bosio Giaele<br />
BPM Banca Popolare di Milano<br />
Bracco De Silva Diana<br />
Brenninkmeijer Sigrid<br />
Brenta Andrea<br />
Bresi<br />
BSI SA<br />
Buccellati Gianmaria<br />
Bulgari Paolo<br />
BVM<br />
Canepa Michele<br />
Caovilla Paola<br />
Caprotti Albera Giuliana<br />
Carnevali Nicola<br />
Cassa Lombarda<br />
Castellini Baldissera Letizia<br />
Ceccato Gigliola<br />
Centrobanca<br />
Cerutti Monina Serena<br />
Ceschina Nagae Yoko<br />
Chiarotto Romeo<br />
CIR<br />
Coeclerici<br />
Coin Piergiorgio e Franca<br />
Colnaghi Calissoni Laura<br />
Costa Crociere<br />
D’Amico Società di Navigazione<br />
Dardanelli Paolo<br />
De Agostini<br />
De Stefani Vincenzo<br />
Del Drago Laudomia<br />
Della Valle Diego<br />
Deutsche Bank<br />
Dreika Ag<br />
Du Chéne De Vére Villa Margherita<br />
Edison<br />
Eni<br />
Epson Italia<br />
Ermolli Bruno<br />
Etro Girolamo<br />
Falck Collalto Giustiniani Recanati Cecilia<br />
Fiat<br />
Finco Criscuolo Gabriella<br />
Fininvest<br />
Finiper<br />
Foglia Giacomo<br />
Folci Acquadro Emilia<br />
Fondazione Antonveneta<br />
Fondazione Avvocato Fernando Bussolera<br />
Fondazione Berti per l’Arte e la Scienza<br />
Fondazione CAB Istituto di Cultura Giovanni<br />
Folonari<br />
Fondazione Carla Fendi<br />
Fondazione Cattaneo<br />
Fondazione Fiera di Milano<br />
Fondazione Nicoletta Fiorucci<br />
Fondazione Zegna<br />
Fresco Paolo<br />
G.D<br />
Gambazzi Marco<br />
Gandini Susy<br />
Garavoglia Luca<br />
Giubergia Paola<br />
Grande Stevens Franzo<br />
Gruppo De Nora<br />
Gruppo Pam<br />
Habermann Hans Christian<br />
Haggiag Petteni Mirella<br />
IDB Holding<br />
Illy Riccardo<br />
Immobiliare Ferrero<br />
Ina Assitalia<br />
Intesa Sanpaolo<br />
Italcementi<br />
Kefi<br />
Krizia<br />
L’Unione Sarda<br />
Laurent Josi Jean Pierre<br />
Lavazza Luigi<br />
Levoni<br />
Lodi Vittorio<br />
Longobardi Bruno<br />
Loro Piana<br />
Maire Tecnimont<br />
Mantegazza Herandez Aristela<br />
Mantero Cristian<br />
Mantua Surgelati<br />
Manuli Rubber Industries<br />
Marchi Falck Gioia<br />
Marchini Stefana<br />
Marocco Antonio Maria<br />
Marzotto Marta<br />
Marzotto Paolo<br />
Marzotto Pietro<br />
Mediaset<br />
Mediobanca<br />
Melchioni<br />
Micheli Francesco<br />
Missoni Ottavio e Rosita<br />
Monaci Vincenzo<br />
Müller Rivolta Manuela<br />
Nestlè Italiana<br />
Noseda Droulers Roberta<br />
Origoni della Croce Giovanni<br />
Pallavicini Maria Camilla<br />
Pandini Giorgio<br />
Paneroni Edoardo<br />
Parodi Delfino Meroni Isabella<br />
Parodi Taggia Beatrice<br />
Pastificio Rana<br />
Pederzani Pascale<br />
Piaggio<br />
Piaggio Croce Maria Cristina<br />
Pininfarina Giorgia<br />
Pirelli<br />
Plattner Norbert<br />
Poli e Associati<br />
Porta Corradini Anna<br />
Prada Miuccia<br />
Quentin Gianluigi e Claudia<br />
Radici Zanessi Fernanda<br />
RCS Media Group<br />
Recchi Acuto Marida<br />
Recordati Fontana Anna<br />
Riccadonna Ottavio<br />
Ristori Roberto<br />
Ritter Barbara<br />
Rodriguez Boccanelli Antonella<br />
S.E.C.I. Società Esercizi Commerciali<br />
Sabbadini Alberto<br />
Sacchi Zei Rossana<br />
Same Deutz-Fahr<br />
Saras Raffinerie Sarde<br />
Sassoli de Bianchi Lorenzo<br />
Schiavi Alberto<br />
Scibetta Giuseppe e Luciana<br />
Segrè Claudio<br />
Sigurani Giovanbattista<br />
Smeg<br />
Smeralda Holding<br />
SNAM Rete Gas<br />
Sodi Sylvia<br />
Statuto Giuseppe<br />
Stefani Malaguti Deanna<br />
Tabacchi Tatiana<br />
Tarchini Silvio<br />
Tazartes Alberto<br />
Telecom Italia<br />
Tettamanti Gianni<br />
Tombolini Falciola Rosanna<br />
Trussardi Gavazzeni Marialuisa<br />
Trw Automotive Italia<br />
UBI Unione Banche Italiane<br />
Unicredit Banca<br />
Vallarino Gancia Emanuela<br />
Versace<br />
Violati Massimo<br />
Vitale Guido Roberto<br />
Zanotto Moccetti Nadia<br />
Zingarini Giovanni<br />
56 <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> 57
Corporate Golden Donor<br />
Companies that sign up for<br />
the Corporate Golden Donor<br />
programme become part of<br />
a network that is founded<br />
on a shared commitment<br />
to Italy’s landscape, art and<br />
nature, creating an alliance<br />
based on corporate social<br />
responsibility.<br />
In <strong>2011</strong>, as in previous years,<br />
the business world made an<br />
essential contribution towards<br />
the development of the Trust.<br />
2M Decori<br />
A.G.F. Agenzia Generale Fiumicino<br />
A.I.S. Inox<br />
A-27<br />
Abafoods<br />
Accor Hospitality Italia<br />
Adige<br />
AFV Acciaierie Beltrame<br />
Agenzia Ansa - Agenzia Nazionale Stampa<br />
Associata<br />
Air Liquide Italia<br />
Albertini Syz Gruppo - Banca Albertini Syz & C.<br />
Alenia Aermacchi<br />
Ales Groupe Italia<br />
Alpiq Energia Italia<br />
Altavia Italia<br />
Althea<br />
Andreas Stihl<br />
Antonio Citterio Patricia Viel and Partners<br />
Aptalis Pharma<br />
Archigen<br />
Ariston Thermo<br />
Artemide<br />
Assolombarda<br />
Astellas Pharma<br />
Augustea Holding<br />
Autodesk<br />
Autoimport<br />
Azienda Foderami Dragoni<br />
Aziende Alberghiere Bettoja<br />
Banca Akros<br />
Banca Carige<br />
Banco Di Desio e Della Brianza<br />
Bandini Casamenti<br />
Bartolini<br />
B&B Italia<br />
Beiersdorf<br />
Blm<br />
Boat<br />
Bombardier Transportation Italy<br />
Brembo<br />
Brianza Plastica<br />
Bridgestone Italia<br />
Bticino<br />
Bureau Veritas Italia<br />
Buzzi Unicem<br />
C.L.N. Coils Lamiere Nastri<br />
C.T.E.<br />
Cae<br />
Calzificio Prisco<br />
Carbofin<br />
Carlson Wagonlit Italia<br />
CartaSi<br />
Carvico<br />
Casa Di Cura Citta’ Di Parma<br />
Casa di Cura privata Villa Serena del Dott.<br />
Leonardo Petruzzi<br />
Cellografica Gerosa<br />
Central Frigor Marconi<br />
Chambre Française de Commerce et d’industrie<br />
en Italie<br />
Chemprod<br />
Cisco Systems Italy<br />
Cobir<br />
Coeclerici<br />
Co.Ge.Di. International<br />
Cofimp<br />
Comieco<br />
Confezioni Garda<br />
Confindustria Ancma<br />
Consorzio Venezia Nuova<br />
Continuus Properzi<br />
Corapack<br />
Coswell<br />
Credit Agricole Corporate Investment Bank<br />
Cts Compagnia Trasporti Servizi<br />
D’Andrea<br />
Davide Campari - Milano<br />
Deutsche Bank<br />
Diamed Italiana<br />
Dla Piper Studio Legale Tributario Associato<br />
Donnafugata<br />
Dox-Al Italia<br />
Editoriale Domus<br />
Elettrotec<br />
EMS Italia<br />
Endura<br />
Engeco<br />
Enoplastic<br />
Enzo Degli Angiuoni<br />
Eredi Caimi<br />
Ermenegildo Zegna<br />
Esso Italiana<br />
Ethimo Whitessence<br />
Etro<br />
Eurochemicals<br />
Euroricambi<br />
Eurosyn<br />
EuroTLX SIM<br />
Executive Interim Management Italia<br />
F.lli Pisa<br />
F.lli Sacla’<br />
Fabbrica d’Armi Pietro Beretta<br />
Felsina Societa’ Agricola<br />
Ferrando Luca Autotrasporti<br />
Ferrocart Snc di Amadei R.e P.<br />
FerreroLegno<br />
Ferroli<br />
Fluid-o-Tech<br />
Fondazione Gruppo Credito Valtellinese<br />
Franco Cosimo Panini Editore<br />
Fratelli Fila<br />
Freedot<br />
Frigoscandia<br />
Fugazza F.lli & C.<br />
Fugro Oceansismica<br />
G6 Rete Gas<br />
Gestim<br />
Gfk Eurisko<br />
Ghella<br />
Gicar<br />
Giuseppe Citterio<br />
Global Selection Sgr<br />
Grand Hotel Et De Milan - Straf Hotel<br />
Graphimedia<br />
Groupama Assicurazioni<br />
Gruppo Banca Leonardo<br />
Gruppo Benetton<br />
Gruppo Mascia Brunelli - Biolife Italiana<br />
Hdi-Gerling Industrie Versicherung Ag<br />
Heidenhain Italiana<br />
Herno<br />
Hsbc Bank Plc - Milano Branch<br />
Ic Bellagio Unipersonale<br />
ICMQ<br />
Iemme<br />
Ikea Italia Retail<br />
I.M.E. Industria Maglieria Europea<br />
Infracom Italia<br />
Intecs Informatica e Tecnologia Del<br />
Software<br />
Ipack Ima<br />
Ipsen<br />
Isoil Industria<br />
Istituto Ricerche Biomediche “Antoine<br />
Marxer” RBM<br />
Italcementi<br />
Italgelatine<br />
Jcb<br />
Jones Lang Lasalle<br />
Kairos Partners Sgr<br />
Key2People<br />
Knauf di Lothar Knauf s.a.s.<br />
Konica Minolta Business Solutions Italia<br />
L.I.S.A.<br />
Lamp San Prospero<br />
La Prairie<br />
Larus Re<br />
Le Sirenuse<br />
Leo France<br />
L’Erbolario<br />
Linea Verde Giachino<br />
Lundquist<br />
Luxoro<br />
M. Casale Bauer<br />
Madama Oliva<br />
Manfredini e Schianchi<br />
Manitalidea<br />
Mapei<br />
Mario Nava<br />
Martifer Solar<br />
Masterpack<br />
Mecania Informatica<br />
Megas Sas<br />
Menghi Shoes<br />
Messaggerie Italiane di Giornali Riviste e<br />
Libri<br />
Mitsubishi Electric Europe B.V.<br />
Mobil Project<br />
Molinari Italia<br />
Molino Parri<br />
Mondial<br />
Montblanc Italia<br />
Montello<br />
MWH<br />
Natixis S.A. - Milan Branch<br />
Noberasco<br />
Notartel<br />
Novo Nordisk Farmaceutici<br />
Nuncas Italia<br />
Oberrauch Zitt<br />
Officine Maccaferri<br />
Oleificio Zucchi<br />
Olimpia Splendid<br />
OneExpress Italia<br />
P.M. Chemicals<br />
Palazzo Giordano Bruno Hotel<br />
Paresa<br />
Parigi Industry<br />
Pastorfrigor<br />
Pellegrini<br />
Pentagas<br />
Pernod Ricard Italia<br />
Petraco<br />
Pierrel Research Italy<br />
Polifix<br />
Presma<br />
Pricewaterhousecoopers<br />
Prima Comunicazione<br />
Prisma Impianti<br />
Project Automation<br />
Publitalia ‘80<br />
Rai Way<br />
Reckitt Benckiser Holdings Italia<br />
Renzo Piano Building Workshop<br />
Ricoh Italia<br />
Rimini Fiera<br />
Rimorchiatori Riuniti Spezzini Imprese<br />
Marittime e Salvataggi<br />
Rivolta<br />
Robert Bosch<br />
Robilant & Associati<br />
Rolex Italia<br />
Rossini<br />
Roten<br />
Rottapharm<br />
S.A.C. Societa’ Appalti Costruzioni<br />
S.I.A.D.<br />
S.I.T.A.F.<br />
Sabaf<br />
Salini Costruttori<br />
Salvatore Ferragamo<br />
Sanpellegrino<br />
Sant’Elia<br />
Sca Hygiene Products<br />
Scala<br />
SDA Bocconi School of Management<br />
Sebach<br />
Seco Tools Italia<br />
See Italia & Contact<br />
Seli Manutenzioni Generali<br />
Sensitron<br />
Siirtec Nigi<br />
Silhouette Italia<br />
Simonazzi<br />
Sinter<br />
Sir James Henderson British School of<br />
Milan<br />
Sistemi<br />
Ska<br />
Solar Brain<br />
Sorgente Group<br />
Sol Melià Italia<br />
Sorma<br />
Stannah Montascale<br />
Start People<br />
Streparava<br />
Taf Abrasivi<br />
Technital<br />
Tecnofer Ecoimpianti<br />
The Family<br />
Thetis<br />
Thor Specialties<br />
Tucano Urbano<br />
Ugolini Petroli<br />
Ulisse Tecnologie<br />
Unicalce<br />
Unitransports<br />
Uretek<br />
Utet<br />
Valli<br />
Venini<br />
Viabizzuno<br />
Villa D’Este<br />
Vimar<br />
Vimo Elettronica Snc di Cavalleri R.L.e C.<br />
Vitale & Associati<br />
W.P. Lavori in Corso<br />
Weleda Italia<br />
Whirlpool Europe<br />
Wind Telecomunicazioni<br />
Yuasa Italy<br />
Zambaiti Parati<br />
Zobele Holding<br />
Zoli Dino & C.<br />
58 <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> 59
Friends of FAI<br />
© A. Mesiano<br />
Honorary Chairwoman<br />
Marella Agnelli<br />
International Chairwoman<br />
Bona de’ Frescobaldi*<br />
Chairwoman of Advisory<br />
Trustees<br />
Lynn de Rothschild<br />
Chairwoman of the<br />
Balbianello Circle<br />
Maria Manetti Shrem<br />
Board of Advisory Trustees<br />
Giorgio Armani<br />
Anna Bulgari<br />
Laura Casalis<br />
Giulia Maria Mozzoni Crespi*<br />
Chiara Ferragamo<br />
Audrey Gruss<br />
Gail Hilson<br />
Maria Manetti Shrem<br />
Ann Nitze<br />
Paolo and Henrietta Pellegrini<br />
Marilyn Perry*<br />
Giorgio Poggiani*<br />
Roberta Ritter*<br />
Nancy Rubin<br />
Mariuccia Zerilli Marimò<br />
Board of Directors<br />
President<br />
James M. Carolan<br />
Vice President<br />
Giancarla Berti<br />
Treasurer<br />
Susan Bender<br />
<strong>2011</strong> – A VERY FULL YEAR FOR THE FRIENDS OF FAI<br />
For the Friends of FAI, <strong>2011</strong> was an extremely busy year that resulted in a great deal of success.<br />
The Balbianello Circle’s annual trip saw them visit the Veneto, where they discovered the<br />
breathtaking architecture of Andrea Palladio and were given a sneak preview of the<br />
Villa dei Vescovi, which was restored thanks – at least in part – to the generosity of the Friends<br />
of FAI. Thus far, “Venice & the Palladian Villas” has been the most successful of the Balbianello<br />
Circle’s trips, with 30 people taking part, including a large number of new Friends.<br />
The Trust has decided to put the 2012 donation towards the restoration of the Palazzo e<br />
Torre Campatelli in San Gimignano. In the autumn, the Friends of FAI organised two<br />
events to benefit this project: a shopping evening at the Ferragamo store in Beverly Hills,<br />
and a conference on the artistic and civic history of San Gimignano at the Casa Italiana of New<br />
York University. In September, the President of the Friends of FAI, James Carolan,<br />
participated in a round-table session at the Italian Institute of Culture in New York, together<br />
with journalist Gian Antonio Stella, to discuss the administrative challenges involved in<br />
managing Italy’s cultural heritage.<br />
<strong>2011</strong> was, however, marked by some very sad news for all those who have followed the<br />
development of the Friends of FAI: the passing of Luigi Moscheri, the unforgettable<br />
first President of the Friends of FAI and a member of the Board of Directors of FAI in Italy.<br />
The Friends of FAI remember him warmly as someone who showed quite extraordinary<br />
dedication to the FAI cause, and who did so with great creativity, commitment and<br />
generosity.<br />
Giovanna Loredan Bonetti<br />
Ilaria Borletti Buitoni<br />
Sharleen Cooper Cohen<br />
Vannozza Guicciardini<br />
Alessandra Pellegrini<br />
* Founders<br />
Internationally, FAI benefits<br />
from the input of the “Friends<br />
of FAI”, a group of supporters<br />
based in New York. Its remit<br />
is to organise events and<br />
invite American citizens to<br />
visit Italy and contribute to<br />
safeguarding the country’s<br />
priceless artistic and cultural<br />
heritage.<br />
FAI - Villa del Balbianello, Lenno (Como)<br />
60 <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> 61
Communication<br />
Getting the substance of FAI’s message across<br />
La Comunicazione<br />
Comunicare la concretezza<br />
In <strong>2011</strong>, newspapers,<br />
magazines and<br />
websites wrote<br />
a total of almost<br />
10,000 articles on<br />
our activities, while<br />
there were more<br />
than 838 items on<br />
TV and radio.<br />
Right:<br />
The longstanding<br />
image used to promote<br />
the “Giornata FAI di<br />
Primavera” (FAI Spring<br />
Day).<br />
In <strong>2011</strong>, the efforts of the communications department were geared towards amplifying the<br />
resonance of the strategic guidelines set out by the Trust in order to boost yet further the<br />
visibility of its work and of the events staged throughout the year in all fields. Thanks to an<br />
increasingly high-profile presence across the Italian media (press, radio and television)<br />
and to a bolstering of our presence on multimedia channels (the internet, social networks,<br />
etc...), in <strong>2011</strong> we recorded a notable rise in the awareness of FAI amongst the general public.<br />
ADVERTISING AND PROMOTION<br />
For FAI’s Advertising and Promotion department, <strong>2011</strong> was a year full of major initiatives,<br />
including the inaugurations of the three new properties, which required the planning<br />
and implementation of customised communication tools, both physical and virtual.<br />
In addition, we celebrated the 150th anniversary of Italian Unification through the<br />
creation of a dedicated logo, which was used on all of the Trust’s communications and was<br />
given excellent media exposure and promotion at the FAI National Conference in Naples,<br />
at which, amongst other activities, we unveiled the new “FAI Giovani” (FAI Youth) sector.<br />
During <strong>2011</strong>, the department was also involved in conducting qualitative/quantitative<br />
research in partnership with IPSOS, which was targeted at scientifically analysing the<br />
perception of the Italian public vis-à-vis FAI and its activities.<br />
A great deal of attention was focused on marketing our major national events such as the<br />
“Giornata FAI di Primavera” (FAI Spring Day), the SMS support campaign and the “I<br />
Luoghi del Cuore” (“Italian Places I Love” survey). Last of all, it is worth noting that <strong>2011</strong><br />
also saw the establishment of a specific department for the conservation and promotion of<br />
FAI’s extensive video and photo archive.<br />
PRESS OFFICE<br />
In <strong>2011</strong>, the Press Office supported the work of the Trust through almost daily contact with the<br />
media. Moreover, it bolstered its role as the FAI spokesperson on issues concerning the environment<br />
and cultural assets, collaborating with a number of national associations.<br />
The input of the Press Office was geared above all towards the inauguration of the three<br />
new properties opened up to the public to mark the 150th anniversary of Italian Unification,<br />
which received a great deal of exposure in the local and national media. A large amount<br />
of coverage was also achieved across the various media channels – press, radio, TV and<br />
the internet – for national events such as the “Giornata FAI di Primavera” (FAI Spring<br />
Day), for the results of the fifth “I Luoghi del Cuore” (“Italian Places I Love” survey), for the<br />
conference held in Naples entitled “Under the ashes: role and stories of a country<br />
that resists”, which featured several heavyweight Italian and international speakers, and for<br />
<strong>2011</strong>’s SMS fund-raising campaign, called “Ricordati di salvare l’Italia” (Remember to<br />
save Italy).<br />
In <strong>2011</strong>, attention was also focused on the traditional concert at Milan’s La Scala and on<br />
numerous FAI exhibitions such as “The Hand of the Graphic Designer” and “Sironi: war,<br />
victory, drama. Works from the Isolabella and Gianferrari Collections” at Villa Necchi Campiglio<br />
and “Photos – Souvenirs au carré Daniel Buren” at the Villa e Collezione Panza.<br />
FARE RETE… IN RETE<br />
Sempre più punto di riferimento per l’informazione e l’interazione con iscritti e simpatizzanti, il<br />
sito Fondoambiente.it ha proseguito la strategia finalizzata al coinvolgimento di sempre più<br />
donatori e all’ulteriore sviluppo di strumenti di comunicazione in chiave Web 2.0.<br />
Forte di un numero di visitatori in continua crescita (+ 19,2% rispetto al 2010), come<br />
abbiamo visto il sito ha raccolto complessivamente 286.882 euro, facendo registrare un<br />
incremento dell’81% rispetto all’anno precedente. Per la prima volta abbiamo lanciato<br />
online due nuove tipologie di donazioni: l’iscrizione ai corsi di storia dell’arte e<br />
le microdonazioni da 2, 5 o 10 euro inaugurate durante la campagna nazionale di raccolta<br />
fondi di ottobre, in occasione della quale abbiamo lanciato anche la promozione per<br />
l’Iscrizione speciale al FAI a 29 euro che ha dato ottimi risultati. Gli iscritti alla nostra<br />
Newsletter sono arrivati a quota 178mila, grazie soprattutto al successo delle segnalazioni<br />
online del Censimento “I Luoghi del Cuore”, per una crescita del 60% rispetto al 2010.<br />
In totale abbiamo inviato 125 newsletter e DEM con un incremento del 71% rispetto all’anno<br />
precedente.<br />
Per quanto riguarda il mondo dei social network, a fine <strong>2011</strong> abbiamo sfiorato il tetto dei<br />
50mila fan della nostra pagina Facebook, in aumento del 69,34% rispetto al 2010,<br />
per un totale di 21.275.173 visualizzazioni dei post (174,18%). La pagina Twitter invece ha<br />
raggiunto 1.469 follower e un totale di 3.362 tweet.<br />
Fra i progetti online più importanti realizzati, figura senza dubbio l’apertura di nuove<br />
sezioni del sito, come quelle di “SOS Emergenza paesaggio”, “Calendario Eventi”<br />
e il Mediacenter in home page, e di nuove pagine su Facebook (Intro istituzionale,<br />
Sostienici, Beni, Campagna del momento). L’area editoriale è stata rivista completamente<br />
attraverso la creazione di nuove categorie per articoli e news, mentre 7mila Iscritti hanno<br />
accolto l’invito a ricevere il Notiziario del FAI in versione digitale, contribuendo così al<br />
risparmio di carta.<br />
La nostra “GIORNATA “galassia” FAI si è poi arricchita di nuovi ingressi: i siti dedicati al 5xmille, al mondo<br />
DI PRIMAVERA”<br />
delle aziende,<br />
(FAI SPRING<br />
al Negozio<br />
DAY)<br />
Olivetti e a Villa dei Vescovi, all’evento “La Mano del<br />
Grafico” e al concorso di cortometraggi radio legati ai “Luoghi del Cuore”.<br />
Infine, abbiamo lanciato “FAICLUB”, la prima Intranet della Fondazione nata come strumento di<br />
“RICORDATI DI<br />
tv<br />
comunicazione istituzionale interna finalizzata alla condivisione di regole e strumenti di lavoro.<br />
Nel <strong>2011</strong> abbiamo<br />
aperto nuove sezioni<br />
di Fondoambiente.it<br />
come “SOS Emergenza<br />
paesaggio”,<br />
“Calendario Eventi”<br />
e il Mediacenter,<br />
rivisto completamente<br />
l’area editoriale<br />
e inviato a 7mila<br />
Iscritti il Notiziario<br />
del FAI in versione<br />
digitale. Inoltre la<br />
nostra “galassia” di<br />
siti si è ulteriormente<br />
arricchita di nuovi<br />
ingressi.<br />
INFOGRAFICA<br />
I numeri di<br />
Fondoambiente.it<br />
1.812.883 visitatori<br />
6.505.042 pagine viste<br />
178.000 iscritti alla<br />
Newsletter<br />
49.068 fan della<br />
pagina Facebook<br />
286.662 euro raccolti<br />
via Web<br />
LOCAL AND NATIONAL TELEVISION, RADIO AND<br />
WEB COVERAGE FOR THE MAIN EVENTS<br />
SALVARE L’ITALIA”<br />
(REMEMBER TO<br />
SAVE ITALY)<br />
“I LUOGHI DEL<br />
CUORE”<br />
(ITALIAN PLACES<br />
I LOVE)<br />
tv<br />
radio<br />
tv<br />
radio<br />
19 hours, 17 minutes<br />
4 hours, 31 minutes<br />
9 hours, 12 minutes<br />
3 hours, 7 minutes<br />
5 hours, 47 minutes<br />
3 hours, 39 minutes<br />
62 <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> 63
Communication<br />
Getting the substance of FAI’s message across<br />
La Comunicazione<br />
Comunicare la concretezza<br />
© G. Majno<br />
In <strong>2011</strong> we opened<br />
up new sections on<br />
the Fondoambiente.<br />
it site, such as the<br />
“SOS Paesaggio”<br />
(SOS Countryside<br />
Emergency) and<br />
“Event Calendar”<br />
sections and the<br />
Media Centre. We<br />
also overhauled<br />
the editorial side<br />
completely and<br />
started sending a<br />
full 7,000 Members<br />
the FAI Newsletter<br />
in digital format.<br />
Moreover, our<br />
“galaxy” of sites was<br />
further enriched<br />
with a number of<br />
new additions.<br />
MAKING THE MOST OF THE WEB<br />
In <strong>2011</strong>, the Fondoambiente.it site became an increasingly important source of information<br />
and interaction with members and sympathisers. The site continued to implement its strategy<br />
of engaging more and more effectively with donors, and further work was done to develop web<br />
2.0 online marketing tools.<br />
With an ever-increasing number of visitors (19.2% up on 2010), the site generated a total<br />
of €286,882 - an increase of 81% with respect to the previous year. For the first time,<br />
we launched two new types of donations online: the sign-up process for the art<br />
history courses and the micro-donations of €2, €5 or €10, which were brought in during<br />
the national fund-raising campaign in October, when we also launched the promotion for<br />
special FAI membership at a cost of €29, which generated very positive results. The<br />
number of subscribers to our Newsletter reached 178,000 – thanks, above all, to the<br />
success of the online voting for the “I Luoghi del Cuore” (“Italian Places I Love” survey) – an<br />
increase of 60% on 2010. In total, we sent out 125 newsletters and DEM communications,<br />
which represented an increase of 71% compared to the previous year.<br />
In terms of social networks, in late <strong>2011</strong> we reached the milestone of 50,000 fans on our<br />
Facebook page. This represented an increase of 69.34% on 2010. In total, our posts<br />
were viewed 21,275,173 times (174.18% up on 2010). For its part, our Twitter page has<br />
reached 1,469 followers and we have clocked up a total of 3,362 tweets.<br />
Ranking among the most important online projects implemented in <strong>2011</strong> was the creation of<br />
new sections of the site, such as the “SOS Paesaggio” (SOS Countryside Emergency)<br />
and “Event Calendar” sections, and the Media Centre on the homepage, as well as<br />
new pages on Facebook (Introduction, Support Us, Properties, Current Campaigns). The<br />
editorial side was completely overhauled through the insertion of new categories for articles<br />
and news, while 7,000 Members accepted the invitation to receive the digital version of the<br />
FAI Newsletter, thus helping to save paper.<br />
Our “galaxy” of sites was enriched with new additions: the sites dedicated to the “5xmille”<br />
initiative, the corporate world, the Negozio Olivetti, the Villa dei Vescovi, the event<br />
for “The Hand of the Graphic Designer” and the short-film competition associated<br />
with the “I Luoghi del Cuore” (“Italian Places I Love” initiative).<br />
FARE RETE… IN RETE<br />
Sempre più punto di riferimento per l’informazione e l’interazione con iscritti e simpatizzanti, il<br />
sito Fondoambiente.it ha proseguito la strategia finalizzata al coinvolgimento di sempre più<br />
donatori e all’ulteriore sviluppo di strumenti di comunicazione in chiave Web 2.0.<br />
Forte di un numero di visitatori in continua crescita (+ 19,2% rispetto al 2010), come<br />
abbiamo visto il sito ha raccolto complessivamente 286.882 euro, facendo registrare un<br />
incremento dell’81% rispetto all’anno precedente. Per la prima volta abbiamo lanciato<br />
online due nuove tipologie di donazioni: l’iscrizione ai corsi di storia dell’arte e<br />
le microdonazioni da 2, 5 o 10 euro inaugurate durante la campagna nazionale di raccolta<br />
fondi di ottobre, in occasione della quale abbiamo lanciato anche la promozione per<br />
l’Iscrizione speciale al FAI a 29 euro che ha dato ottimi risultati. Gli iscritti alla nostra<br />
Newsletter sono arrivati a quota 178mila, grazie soprattutto al successo delle segnalazioni<br />
online del Censimento “I Luoghi del Cuore”, per una crescita del 60% rispetto al 2010.<br />
In totale abbiamo inviato 125 newsletter e DEM con un incremento del 71% rispetto all’anno<br />
precedente.<br />
Per quanto riguarda il mondo dei social network, a fine <strong>2011</strong> abbiamo sfiorato il tetto dei<br />
50mila fan della nostra pagina Facebook, in aumento del 69,34% rispetto al 2010,<br />
per un totale di 21.275.173 visualizzazioni dei post (174,18%). La pagina Twitter invece ha<br />
raggiunto 1.469 follower e un totale di 3.362 tweet.<br />
Fra i progetti online più importanti realizzati, figura senza dubbio l’apertura di nuove<br />
sezioni del sito, come quelle di “SOS Emergenza paesaggio”, “Calendario Eventi”<br />
e il Mediacenter in home page, e di nuove pagine su Facebook (Intro istituzionale,<br />
Sostienici, Beni, Campagna del momento). L’area editoriale è stata rivista completamente<br />
facts and figures<br />
attraverso la creazione di nuove categorie per articoli e news, mentre 7mila Iscritti hanno<br />
accolto l’invito a ricevere il Notiziario del FAI in versione digitale, contribuendo così al<br />
risparmio<br />
1,812,883<br />
di carta.<br />
50,000<br />
La nostra “galassia” si è poi arricchita di nuovi ingressi: i siti dedicati al 5xmille, al mondo<br />
delle aziende, al Negozio Olivetti e a Villa dei Vescovi, all’evento “La Mano del<br />
Grafico” e al concorso di cortometraggi legati visitors ai “Luoghi del Cuore”.<br />
6,505,042<br />
Webpages visited<br />
fondoambiente.it<br />
Infine, abbiamo lanciato “FAICLUB”, la prima Intranet della Fondazione nata come strumento di<br />
comunicazione istituzionale interna finalizzata alla condivisione di regole e strumenti di lavoro.<br />
Nel <strong>2011</strong> abbiamo<br />
aperto nuove sezioni<br />
di Fondoambiente.it<br />
come “SOS Emergenza<br />
paesaggio”,<br />
“Calendario Eventi”<br />
e il Mediacenter,<br />
rivisto completamente<br />
l’area editoriale<br />
e inviato a 7mila<br />
Iscritti il Notiziario<br />
del FAI in versione<br />
digitale. Inoltre la<br />
nostra “galassia” di<br />
siti si è ulteriormente<br />
arricchita di nuovi<br />
ingressi.<br />
INFOGRAFICA<br />
I numeri di<br />
Fondoambiente.it<br />
1.812.883 visitatori<br />
6.505.042 pagine viste<br />
178.000 iscritti alla<br />
Newsletter<br />
49.068 fan della<br />
pagina Facebook<br />
286.662 euro raccolti<br />
via Web<br />
fans of the Facebook page<br />
1,469<br />
Twitter followers<br />
Right:<br />
FAI - Villa Panza<br />
(Varese)<br />
178,000<br />
Newsletter subscribers<br />
286,662<br />
euros raised via the web<br />
64 <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> 65
People<br />
The role played by personal passion<br />
© G. Majno<br />
© P. Ioudioux<br />
The strategic<br />
development of our<br />
human resources<br />
concentrated on<br />
three fundamental<br />
areas: staff training,<br />
the introduction<br />
of a system of<br />
performance<br />
evaluation and<br />
the strengthening<br />
of internal<br />
communications.<br />
FAI is a Trust constituted by people who work and interact together, guided by the<br />
passion and values that represent the heart and soul of our operations. For this reason,<br />
as far as we are concerned our personnel are a priceless resource that we should do<br />
everything we can to utilise more fully and to make more professionally competent.<br />
In this regard, in <strong>2011</strong> the strategic development of our human resources<br />
concentrated on three fundamental areas: staff training, the introduction of a system of<br />
performance evaluation and the strengthening of internal communications.<br />
In terms of staff training, we organised Professional Training courses in order to enhance<br />
the technical skills deployed on a daily basis, such as: Photoshop, PowerPoint and Englishlanguage<br />
courses; Role-based Training targeted at enriching management skills (e.g.<br />
Project Management courses); and Strategic Training with a view to setting innovative<br />
mid-term objectives. A total of 11 initiatives were organised – at a cost of €25,000, set aside<br />
thanks to participation in a joint fund at 0.30% of total earnings – which involved 272 people<br />
and accounted for a total of 412 hours of training.<br />
To make the management of those who work for FAI all the more transparent and effective, we<br />
also introduced the Performance Evaluation System for all staff, including managers;<br />
the system is based on classifying the extent to which the individual has reached his or her<br />
objectives. Last, in order to share the strategies and objectives for the year with all of the<br />
FAI staff, in early <strong>2011</strong> we staged the first Convention for all personnel, during which the<br />
Intranet FAICLUB was officially launched.<br />
All of these tools are crucial for managing the human resources of a Trust that is continually<br />
growing in terms of the number of properties it manages and, therefore, also in terms of staff<br />
numbers. In <strong>2011</strong>, FAI’s total headcount amounted to 191, two-thirds employed directly and<br />
one-third employed on a freelance basis. In <strong>2011</strong>, staff numbers increased by 26 with respect<br />
to 2010 – a rise due to the opening of the three new properties and to the recruiting of a<br />
number of key people to deal with strategic development and the streamlining of the overheads<br />
of the Trust (i.e. Property Development Manager, Purchasing Manager).<br />
THE FAI STAFF<br />
28%<br />
MEN<br />
72%<br />
WOMEN<br />
42%<br />
HIGHER<br />
QUALIFI-<br />
CATIONS<br />
Above:<br />
The first convention<br />
of FAI<br />
personnel at Villa<br />
Panza (Varese)<br />
FAI - Villa Necchi Campiglio, Milan<br />
68%<br />
GRADUATES<br />
66 <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> 67
Future projects<br />
The objectives and strategies of FAI for the next four-year<br />
plan 2012–2015<br />
OUR MISSION<br />
For the benefit of all lovers of Italy, FAI serves as a spokesperson for civil society,<br />
supervising and intervening in defence of the Italian countryside and Italy’s cultural assets.<br />
The places that we restore and manage are the embodiment of our mission. Through<br />
the safeguarding and enhancement of these extraordinary places, we want to raise the<br />
awareness of people in Italy and further afield of the importance of respecting and taking care<br />
of art and nature, which are elements that very much characterise the Italian national identity.<br />
The new proposal that will be made to the people of Italy (and, indeed, to everyone) to<br />
support and participate in FAI’s initiatives envisages the Trust as a partner for change,<br />
with a view to placing mankind in a more balanced relationship with the environment through<br />
the recovery and enhancement of the “environmental” heritage, composed of nature and<br />
culture. The FAI of tomorrow will work to promote a new “environmental humanism” in<br />
order to live well in a more beautiful country – a significant commitment to Italian society, and<br />
one that is sustainable only if supported by the contributions of large numbers of people.<br />
OUR STRATEGIC OBJECTIVES<br />
On the basis of the new mission proposal, we have identified five areas for development:<br />
■ Engaging with people and companies<br />
■ Engaging with public bodies and “institutional” backers<br />
■ Developing strategies of planning and organisation<br />
■ Opening new properties up to the public<br />
■ Developing new opportunities<br />
PROJECTS<br />
Within these development areas, we have defined the strategic objectives and the main<br />
projects:<br />
Memberships: FAI today has around 90,000 members and donors, and by the end of 2015 it<br />
should be able to reach 160,000, identifying new targets and new contact mechanisms (project<br />
to double the numbers of members and donors).<br />
Visitors and property management: around 400,000 people visit FAI’s properties; by the<br />
end of 2015, it should be possible to increase visitors by around 25%, to at least 500,000. The<br />
new approach to the management of FAI properties will be geared towards achieving breakeven<br />
in terms of the total management budget. With this objective we will draft an overall plan<br />
for the properties (with the general guidelines and the objectives).<br />
New sources of funding: FAI must explore new veins of funding from Italian and overseas<br />
organisations in addition to the traditional areas. The following themes are provided for<br />
illustrative purposes: nature, environmental sustainability, the elderly, youngsters and non-<br />
Italians.<br />
Organisation: we want to develop our organisational infrastructure, introducing the best<br />
models of organisation, management and fund-raising currently available for non-profit bodies.<br />
Training: FAI’s staff will be supported by a substantial annual training programme targeted at<br />
optimising and developing the existing skill sets within the Trust.<br />
© F. Oppes<br />
Volunteers: we will undertake a project geared towards markedly increasing the number<br />
of volunteers who work with FAI. There are multiple, highly diversified objectives: from<br />
the improvement of the financial management of the properties (through significant cost<br />
containment) to the harnessing of the pro-active approach of volunteers in providing support to<br />
the Trust.<br />
Planning of restorations: we intend to guarantee the sustainability of our growth and<br />
to maintain the integrity of the funds that have been set aside to achieve that growth. The<br />
restoration activities will be implemented only on the basis of detailed financial plans approved<br />
by the Executive Committee and the Board of Directors.<br />
New property openings: we want to increase the number of properties for which we<br />
become responsible and can then open up to the public. To ensure the sustainability of that<br />
growth, the acquisition of properties will follow clear strategic guidelines: those properties for<br />
which FAI accepts responsibility will be selected if they demonstrate aspects of excellence and<br />
uniqueness in historical, artistic and/or landscape terms. Location will also be considered a<br />
highly strategic factor: priority will be given to properties situated in areas where we do not<br />
currently have a presence and/or areas of particularly high visibility and usability.<br />
International projects: we will launch the pilot project FAI - UK at break-even by the end of<br />
2013. In the meantime, we will evaluate the possibility to open new FAI offices in<br />
other countries.<br />
68 <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> 69
Financial Statements - Balance Sheet<br />
ASSETS 31.12.<strong>2011</strong> 31.12.2010<br />
LIABILITIES 31.12.<strong>2011</strong> 31.12.2010<br />
FIXED ASSETS<br />
INTANGIBLE<br />
Costs with long-term utility 190,708 197,342<br />
Assets on loan or licensed 2,882,557 3,073,265 3,453,135 3,650,477<br />
EQUITY FUNDS<br />
INITIAL EQUITY AND RESERVES<br />
ENDOWMENT FUND 258,228 258,228<br />
RESERVE FOR OPERATING ACTIVITIES 14,648,920 13,673,769<br />
SURPLUS/(DEFICIT) FOR THE YEAR -442,871 14,464,277 -993,892 12,938,105<br />
TANGIBLE<br />
Land and Buildings<br />
- Institutional 73,136,681 65,572,754<br />
- Non - Institutional 3,480,224 3,225,273<br />
Total, Land and Buildings 76,616,905 68,798,027<br />
Tangible Assets subject to Depreciation<br />
Plant and Machinery 142,562 171,016<br />
Equipment 70,713 74.626<br />
Photo Library 1,301 263<br />
Motor vehicles 338 1,014<br />
Office Furniture and Furnishings 123,236 93,782<br />
Office Equipment 172,882 140,320<br />
Total, Tangible Assets subject to Depreciation 511,032 77,127,937 481,021 69,279,048<br />
FINANCIAL<br />
Participations in Subsidiaries - 1<br />
Receivables from Subsidiaries - - 181,842 181,843<br />
TOTAL FIXED ASSETS 80,201,202 73,111,368<br />
CURRENT ASSETS<br />
CLOSING BALANCE 158,488 149,783<br />
RECEIVABLES – short-term<br />
Receivable from customers 1,057,321 831,307<br />
Receivable from bodies corporate (approved contributions) 5,003,462 5,362,503<br />
Other Receivables 881,603 6,942,386 837,519 7,031,329<br />
OTHER EQUITY FUNDS<br />
RECAPITALISATION RESERVE 13,624,272 12,876,584<br />
PROVISION FOR SPECIFIC CONTRIBUTIONS 50,928,160 64,552,432 46,945,027 59,821,611<br />
EQUITY 79,016,709 72,759,716<br />
PROVISIONS FOR<br />
CONTINGENCIES AND<br />
OTHER LIABILITIES<br />
PROVISION FOR LOSSES FROM SUBSIDIARIES - 181,842<br />
PROVISION FOR SPECIFIC CONTRIBUTIONS<br />
2,814,814 3,284,140<br />
FOR ASSETS ON LOAN OR LICENSED<br />
PROVISION FOR CONTRIBUTIONS SPECIFIC<br />
118,968 157,879<br />
TO TANGIBLE ASSETS<br />
RESTRICTED RESERVES 3,443,959 6,377,741 5,769,599 9,393,460<br />
SEVERANCE INDEMNITY FUND<br />
FOR EMPLOYEES<br />
875,629 935,449<br />
LIABILITIES – short-term<br />
to Suppliers 4,595,272 3,197,094<br />
to Social Security Institutions 402,590 265,121<br />
to the Italian Revenue 354,462 218,651<br />
to Employees 513,732 414,868<br />
Sundry 142,969 385,279<br />
Deposits Received 50,764 84,964<br />
Bank and postal deposits 4,584,207 2,039,687<br />
Short-term payments, FRISL and other loans 72,351 10,716,347 160,881 6,766,545<br />
SECURITIES<br />
Available 6,534,574 6,106,604<br />
Inalienable – serving as security 4,734,805 11,269,379 4,696,183 10,802,787<br />
CASH AND CASH EQUIVALENTS<br />
Bank and postal deposits 222,224 449,744<br />
Cash 65,487 287,711 78,584 528,328<br />
LIABILITIES – long-term 974,568 923,131<br />
ACCRUED LIABILITIES AND<br />
DEFERRED INCOME<br />
1,145,316 1,029,309<br />
TOTAL LIABILITIES 99.106.310 91.807.610<br />
TOTAL CURRENT ASSETS 18,657,964 18,512,227<br />
MEMORANDUM ACCOUNTS<br />
Guarantees provided by third parties 1.164.750 1.788.022<br />
PREPAYMENTS AND ACCRUED INCOME 247,144 184,015<br />
TOTAL ASSETS 99,106,310 91,807,610<br />
70 <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> 71
Financial Statements - Operating Section<br />
OPERATIONS 31.12.<strong>2011</strong> 31.12.2010<br />
FINANCIAL OPERATIONS 31.12.<strong>2011</strong> 31.12.2010<br />
OPERATING INCOME<br />
MEMBERSHIP FEES 2,381,846 2,144,531<br />
CONTRIBUTIONS AND SPONSORSHIPS 7,084,428 6,778,543<br />
ELECTIVE CONTRIBUTIONS OUT OF INCOME TAXES<br />
(cinque per mille)<br />
599,103 609,314<br />
ADMISSION TICKETS 2,061,516 1,820,082<br />
LEASES FOR USE 937,095 840,123<br />
RENTAL INCOME 410,359 412,174<br />
SUNDRY 69,214 117,465<br />
INTERIOR WORK 120,193 154,279<br />
MISCELLANEOUS APPEALS 791,634 14,455,388 500,193 13,376,704<br />
OPERATING EXPENSES<br />
MAINTENANCE, BUILDINGS, PLANT AND GARDE -464,856 -517,465<br />
WATER, HEATING, ELECTRICITY -404,869 -398,429<br />
TELEPHONE EXPENSES -181,626 -205,947<br />
POSTAL AND DELIVERY -541,669 -532,012<br />
MARKETING AND ADVERTISING -1,190,074 -1,239,343<br />
EXTERNAL ADVISORS -1,113,499 -871,010<br />
THIRD-PARTY SERVICES AND EVENTS -1,449,094 -2,119,517<br />
RENTAL OUTGOINGS, LICENCES AND EXPENSES -333,840 -324,269<br />
STATIONERY AND PRINTING -142,593 -210,453<br />
OTHER OPERATING EXPENSES -1,268,131 -1,146,880<br />
PERSONNEL -7,669,150 -6,825,739<br />
AMORTISATION AND ALLOWANCES -251,784 -15,011,185 -276,764 -14,667,828<br />
SECURITIES MANAGEMENT<br />
INTEREST ON SECURITIES 150,717 159,551<br />
DIVIDENDS ON SHARES 103,892 40,764<br />
GAINS ON SECURITIES 26,286 69,641<br />
LOSSES ON SECURITIESI 0 -19,091<br />
WRITEDOWNS OF SECURITIES -29,958 250,937 -90,639 160,226<br />
OTHER FINANCIAL CHARGES<br />
INTEREST ON BANK ACCOUNTS -128,002 -45,221<br />
OTHER INTEREST -566 204<br />
DISCOUNTS AND ALLOWANCES 90 -128,478 87 -44,930<br />
RESULT FROM FINANCIAL OPERATIONS 122,459 115,296<br />
EXTRAORDINARY OPERATIONS<br />
EXTRAORDINARY INCOME AND EXPENSES<br />
GAINS ON DISPOSALS OF ASSETS 119,940 43,840<br />
LOSSES ON DISPOSALS OF ASSETS 0 0<br />
CONTINGENT ASSETS 117,511 131,281<br />
CONTINGENT LIABILITIES -186,457 50,994 -147,816 27,305<br />
OTHER EXTRAORDINARY INCOME AND EXPENSES<br />
EXTRAORDINARY WRITEDOWNS OF RECEIVABLES -22,803<br />
RELEASE OF COMMITMENTS - -22,803 144,709 144,709<br />
RESULT FROM OPERATIONS -555,797 -1,291,124<br />
INVENTORIES<br />
INCOME FROM SALES<br />
SALES TO THIRD PARTIES 431,297 445,251<br />
CHANGE IN INVENTORIES 8,705 -7,516<br />
ALLOWANCES FOR INVENTORY OBSOLESCENCE 0 440,002 0 437,735<br />
RESULT FROM EXTRAORDINARY<br />
OPERATIONS<br />
28,191 172,014<br />
PURCHASING COSTS<br />
PURCHASES FROM THIRD PARTIES -285,132 -252,647<br />
RESULT FROM INVENTORIES 154,870 185,088<br />
RESULT FROM OPERATIONS -400,927 -1,106,036<br />
72 <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> 73
Financial Statements - Operating Section<br />
MANAGEMENT OF ASSETS 31.12.<strong>2011</strong> 31.12.2010<br />
<strong>Report</strong> of the Auditing Company<br />
ORDINARY COSTS OF ASSETS<br />
RESTORATIONS OF FOUNDATION-OWNED PROPERTIES -5,173,495 -4,478,555<br />
PURCHASES OF FIXED ASSETS -1,124,348<br />
IMPROVEMENTS ON FOUNDATION-OWNED PROPERTIES -2,287,900<br />
RESTORATIONS OF PROPERTIES NOT OWNED BY THE<br />
FOUNDATION<br />
-68,813 -8,654,556 -593,341 -5,071,896<br />
ORDINARY INCOME FROM ASSETS<br />
COVERAGE FOR RESTORATION OF FOUNDATION-OWNED<br />
PROPERTIES<br />
COVERING OF FIXED ASSETS 1,124,348<br />
COVERAGE OF IMPROVEMENTS 1,351,311<br />
COVERAGE OF RESTORATION WORK ON PROPERTY NOT<br />
OWNED BY THE FOUNDATION<br />
2,730,074 1,980,291<br />
68,813 5,274,546 593,341 2,573,632<br />
RESULT FROM ASSETS -3,380,010 -2,498,264<br />
EQUITY INCOME AND EXPENSE<br />
PROPERTY VALUE ADJUSTMENTS 7,461,395 4,478,555<br />
RESERVES FOR SPECIFIC CONTRIBUTIONS -4,081,385 3,380,010 -1,980,291 2,498,264<br />
OTHER INCOME FROM THE PROPERTIES<br />
RECAPITALISATION CONTRIBUTIONS 747,688 713.910<br />
GIFTS TO EQUITY 1,500,000 2,247,688 713,910<br />
CHARGES TO EQUITY<br />
ALLOCATION TO RECAPITALISATION FUND -747,688 -713,910<br />
PROVISION FOR GIFTS TO EQUITY -1,500,000 -2,247,688 -713,910<br />
RESULT FROM MANAGEMENT<br />
OF ASSETS<br />
0 0<br />
SURPLUS/(DEFICIT)<br />
BEFORE TAXES -250,277 -818,726<br />
To the Board of Directors<br />
FONDO AMBIENTE ITALIANO<br />
1. We have audited the financial statements of Fondo Ambiente Italiano - FAI (the “Trust”) as at 31 December <strong>2011</strong>, represented<br />
by the Statement of Assets and Liabilities, the Profit & Loss Account and the Explanatory Notes. The responsibility for preparing<br />
these financial statements lies with the Directors of the Trust. Our responsibility is to express an opinion on the Statement of<br />
Assets and Liabilities based on our audit.<br />
The format of the financial statements, the accounting principles and the criteria of evaluation adopted by the Directors are<br />
those illustrated in the appropriate paragraph in the explanatory notes.<br />
This report is not being issued for reasons of legal compliance, since Fondo Ambiente Italiano is not required to carry out a<br />
statutory audit.<br />
2. We conducted our audit in accordance with the standards of auditing issued by the Consiglio Nazionale dei Dottori<br />
Commercialisti e degli Esperti Contabili (Italian National Council of Chartered Accountants) and recommended by CONSOB<br />
(Regulatory Body for the Italian Stock Exchange). Those standards require that we plan and perform the audit to obtain<br />
the necessary assurance about whether the financial statements are free of material misstatement and, taken as a whole,<br />
are presented fairly. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the<br />
Statement of Assets and Liabilities. An audit also includes assessing the accounting principles used and significant estimates<br />
made by the Directors. We believe that our audit provides a reasonable basis for our opinion.<br />
For our opinion on the financial statements of the prior accounting period, which are presented for comparative purposes,<br />
please refer to the report we issued on 16 May <strong>2011</strong>.<br />
3. In our opinion, the financial statements of Fondo Ambiente Italiano as at 31 December <strong>2011</strong> have been prepared, in all of<br />
their main aspects, in compliance with the auditing criteria set out in the explanatory notes.<br />
DELOITTE & TOUCHE S.p.A.<br />
Riccardo Motta<br />
Partner<br />
Milan, 13 June 2012<br />
TAXES FOR THE YEAR -192,594 -175,166<br />
SURPLUS/(DEFICIT)<br />
FOR THE YEAR -442,871 -993,892<br />
This report has been translated into English from the original, which was issued in Italian, solely for the convenience of international<br />
readers.<br />
74 <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> 75
Notes to the financial statements<br />
Structure and content<br />
These financial statements have been prepared in accordance<br />
with current statutory requirements. In particular, they have<br />
been prepared with consideration to, inter alia, the provisions<br />
of Legislative Decree 127/1991, which implemented the terms<br />
of the EU Directives on companies’ financial statements, as<br />
supplemented and interpreted by the accounting standards<br />
issued by the National Boards of Certified Accountants, to the<br />
extent applicable to a non-profit-making foundation. These<br />
principles, which are consistent with those adopted in the<br />
previous year, have been agreed with the Board of Auditors.<br />
MEASUREMENT<br />
The most significant accounting policies adopted in the<br />
preparation of the financial statements as at and for the year<br />
ended 31 December <strong>2011</strong>, in compliance with article 2426 of<br />
the Civil Code, were as follows:<br />
FIXED ASSETS<br />
INTANGIBLE ASSETS<br />
Charges with long-term utility<br />
These are recorded at cost, and amortized systematically<br />
over their estimated useful lives. The amortization period has<br />
been agreed with the Board of Auditors.<br />
Assets on loan or licensed to the Foundation<br />
The costs for renovations and restorations of assets loaned<br />
or licensed to the Foundation for its use is amortized over the<br />
term of the relevant contracts. For assets in respect of which<br />
contributions had been received, the contributions are<br />
recognised in a Provision for Risks called the “Provision for<br />
Contributions to Specific Assets on Loan or Licensed”, and<br />
the amortisation not recognised in the Income Statement, as<br />
the relevant amounts are taken directly from the Provision for<br />
Risks.<br />
TANGIBLE ASSETS<br />
Institutional Land, Buildings and Furnishings<br />
These are recorded at cost, which included restorations,<br />
improvements and additions, whether carried out by the<br />
Foundation or by third parties, in accordance with the tests<br />
indicated by article 2426 of the Civil Code. Specific<br />
contributions received are recognized in the Provision for<br />
Specific Contributions, an item under Equity. Land, buildings<br />
and furnishings received by way of donation are recognised<br />
at the time of the donation’s acceptance at the nominal sum<br />
of € 1, for which there is an offsetting item in the Reserve for<br />
Operating Activities. Maintenance and repair expenses that<br />
do not entail increases in equity are recognised directly in the<br />
Financial Statements –Operating Section for the year.<br />
Non-Institutional Land and Buildings<br />
This item included non-institutional land and buildings<br />
received by way of donation, which are recognised at<br />
their cadastral value, plus any expenditure incurred<br />
for improvements. Their measurement is in any event<br />
prudentially held below the appraised value. Since these are<br />
civil land and buildings, they are not subject to depreciation.<br />
Plant and Machinery, Equipment, Photo Library,<br />
Motor Vehicles, Furniture and Office Equipment<br />
These assets are recorded at their purchase cost, in<br />
accordance with the tests indicated in article 2426 of the<br />
Civil Code.<br />
These assets are depreciated on a straight-line basis, at rates<br />
considered representative of their useful lives. Where assets<br />
are covered by the Provision for Specific Contributions for<br />
Tangible Assets, their depreciation is not charged to the<br />
Income Statement, but deducted from the<br />
Provision and passed to Accumulated Depreciation, as a<br />
reduction to the asset’s residual value. Donations in kind<br />
have no impact upon the Financial Statements – Operating<br />
Section, nor do they increase the assets, but are instead<br />
recognised as Equity in the Financial Statements – Operating<br />
Section.<br />
FINANCIAL INVESTMENTS<br />
Participations in Subsidiaries<br />
These are [initially] recognised at their purchase cost. That<br />
cost is adjusted for impairment losses, if the subsidiaries<br />
have incurred losses and future profits are not expected to<br />
be sufficient to absorb the losses incurred; and the original<br />
value is reinstated in subsequent years if the grounds of the<br />
writedown no longer applies.<br />
CURRENT ASSETS<br />
CLOSING INVENTORIES<br />
Inventories are valued at the lower of their cost and their<br />
market value.<br />
The cost determination is made at the most recent purchase<br />
cost, since, inter alia, stock is made up of many items of low<br />
unit value, with reorders taking place when stock levels are<br />
close to depleted. That cost is adjusted by an obsolescence<br />
provision which reflects impairment losses on slow-moving<br />
inventory codes.<br />
RECEIVABLES<br />
Receivables are measured at their estimated realizable<br />
value. The nominal value of the receivables is adjusted to<br />
their estimated realizable value by a provision, the amount of<br />
which is recognized in the Financial Statements – Operating<br />
Section, under the Provision for Losses on Receivables.<br />
SECURITIES<br />
These are measured at the lower of their purchase cost and<br />
their market value, determined on the basis of their official<br />
average prices for the week prior to the balance sheet date.<br />
The purchase cost, in the case of securities received by way<br />
of donation, corresponds to the market value on the day on<br />
which the Foundation becomes the owner.<br />
CASH AND CASH EQUIVALENTS<br />
This item includes the value of bank and postal deposits and<br />
cash on hand at the end of the year.<br />
DEFERRED INCOME AND CHARGES<br />
Deferred income and charges were recognised by agreement<br />
with the Board of Auditors, and are established on an accrual<br />
basis.<br />
CAPITAL FUNDS<br />
ENDOWMENT FUND<br />
This represents the initial equity contributed by the founders<br />
and for use in pursuing the objects of the Foundation by<br />
the Board of Directors. The equity also provides assurance<br />
to third parties who enter into a relationship with the<br />
Foundation. For these reasons, the equity is strictly bound to<br />
the institutional purposes of the Foundation, and may not be<br />
disposed with in any way except with the prior authorisation<br />
of the Board of Directors.<br />
RESERVE FOR OPERATING ACTIVITIES<br />
This reserve represents the amount allocated as a reserve<br />
that may be used to meet any deficits in any particular year<br />
without drawing upon the Endowment Fund. This provision<br />
increases and decreases with the surplus or deficit in each<br />
financial year.<br />
RECAPITALISATION RESERVE<br />
Within this reserve are recognized contributions paid by the<br />
“I 200 del FAI”, for the recapitalization of the Foundation’s<br />
Endowment Fund and for use in financial investments for<br />
the achievement of the objects set out in the Foundation’s<br />
by-laws.<br />
RESERVE FOR SPECIFIC CONTRIBUTIONS<br />
This represents all of the specific contributions received for<br />
renovations and investments, which, once made, are<br />
recognized among the Fixed Assets.<br />
PROVISIONS FOR CONTINGENCIES<br />
AND OTHER LIABILITIES<br />
Provisions for contingencies and other liabilities are set<br />
aside to cover losses or liabilities that are either certain or<br />
probable, but whose amount or date cannot be determined<br />
as at the balance sheet date. Provisions reflect the best<br />
estimate based on the<br />
information available. The Reserve for Specific Contributions<br />
for Assets on Loan or Licensed also includes contributions<br />
received in return for action we have undertaken, but<br />
which cannot be included in Equity as they relate to assets<br />
not owned by the Foundation. The Reserve for Specific<br />
Contributions for Tangible Assets includes contributions<br />
received to cover the purchase of assets subject to<br />
depreciation. Both reserves will decrease in direct proportion<br />
with the depreciation of the assets in question. Restricted<br />
Reserves include contributions received or receivable in<br />
respect of action we have yet to undertake, which are then<br />
released to the income statement gradually as the work takes<br />
place.<br />
EMPLOYMENT SEVERANCE INDEMNITY FUND<br />
The severance indemnity fund covers sums due in respect of<br />
commitments accrued at the end of the year to employees,<br />
pursuant to relevant statute, employment contracts and any<br />
business-wide agreements. This liability is subject to indexed<br />
revaluation. It should be noted that following the entry into<br />
force of Law 296 of 27 December 2006, and of the later<br />
regulatory and implementing decrees, which have together<br />
reformed the current system of severance pay, employees<br />
were asked to make a decision as to how the severance<br />
pay accruing on or after 1 January 2007 would be applied.<br />
Consequently, the severance pay accrued up to 31 December<br />
2006 has been set aside within the company, and amounts<br />
accruing thereafter is paid periodically into the INPS treasury<br />
fund, or to complementary pension funds.<br />
Accordingly, the fund corresponds to the total indemnities<br />
due to employees at the date of the balance sheet, net of:<br />
• liquidations in the year, following termination of<br />
employment relationships;<br />
• advance payments;<br />
• the INPS Guarantee Fund (0.50 per cent. of taxable<br />
monthly pay), a statutory requirement borne by<br />
employees’ severance funds; and<br />
• such amounts as are paid to the INPS treasury fund or to<br />
complementary pension funds.<br />
It consequently comprises the amount that would have been<br />
payable to employees in the event that their employment<br />
relationships ended on that date.<br />
LIABILITIES<br />
These are recognised at their nominal value.<br />
MEMORANDUM ACCOUNTS<br />
Commitments are recognised at their contract value, while<br />
guarantees are indicated on the basis of the risk outstanding<br />
as at the balance sheet date.<br />
INCOME AND EXPENSE<br />
These are recognized and accounted on an accruals basis.<br />
Beginning with the 2010 financial statements, it was thought<br />
clearer for the Financial Statements – Operating Section<br />
to break operations into different areas, distinguishing:<br />
Operating Activities, which represents core operations;<br />
Financial Operations, in which income and expenses arising<br />
from the management of securities and bank deposits are<br />
76 <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> 77
Notes to the financial statements<br />
Structure and content<br />
recognized; Extraordinary Items; and Management of the<br />
Foundation’s Properties.<br />
In particular, the latter includes:<br />
• charges relating to the restoration of properties that at<br />
year-end are recognised as increasing fixed assets;<br />
• contributions made for specific purposes such as<br />
purchases, renovations and investments, which at<br />
year-end are recognised as increasing the various<br />
Reserves for Specific<br />
• Contributions; and contributions to recapitalisation,<br />
which at year-end are recognised as increasing its<br />
Recapitalization Reserve.<br />
Since such items are thus recognised among appropriate<br />
items on the balance sheet, the impact upon the operating<br />
result is nil.<br />
TAXES<br />
Taxes are allocated on the basis of a forecast of the tax<br />
charge for the year, with reference to the legislation in force<br />
and any applicable exemptions.<br />
OTHER INFORMATION<br />
Adjustment of items related to prior years<br />
To ensure consistency of classification and greater<br />
transparency, some changes have been made to the<br />
classification of items previously used in the financial<br />
statements as at and for the year ended 31 December<br />
2010, but those reclassifications have not altered the<br />
amounts of Equity, or the result for that financial year. These<br />
reclassifications involved the items, Rent Payments, and<br />
Miscellaneous Operating Charges and Expenses, with the<br />
finance lease rentals (in the amount of € 47,983) for the<br />
purchase of the kitchens of Villa Panza reclassified from<br />
inclusion among the latter, to inclusion among the former.<br />
COMMENTARY ON THE PRINCIPAL<br />
ITEMS OF THE FINANCIAL<br />
STATEMENTS AS AT AND FOR THE<br />
YEAR ENDED 31 DECEMBER <strong>2011</strong><br />
The financial statements as at and for the year ended 31<br />
December <strong>2011</strong> showed a deficit for the year of<br />
€ 442,871, after depreciation, amortisation and the making<br />
of appropriate provisions.<br />
BALANCE SHEET<br />
ASSETS<br />
INTANGIBLE ASSETS<br />
Charges with long-term utility<br />
This item decreased in <strong>2011</strong> by € 6,634. That net decrease<br />
was the result in part of increases resulting from:<br />
Work on FAI website 37,560<br />
Membership database 3,600<br />
Software licences 8,136<br />
Software inventories 17,570<br />
Network applications 7,910<br />
New FAI branding 10,618<br />
Total 85,394<br />
and in part of reductions for amortisation of € 92,028, of<br />
which € 66,828 in the financial year. The total value is net of<br />
amortisation, as follows:<br />
Implementation of Extranet 8,045<br />
Direct Channel 1,440<br />
Connection Software Inventory/Accts. 1,753<br />
Software for Management Committees 1,901<br />
Operations of FAI Regional Offices 3,888<br />
Membership database 3,368<br />
Work on FAI website 41,593<br />
Attendance Management Software 3,516<br />
Inventory software 14,056<br />
Network applications 8,992<br />
Software licences 83,313<br />
FAI branding 18,843<br />
Balance as at 31 December <strong>2011</strong> 190,708<br />
Charges with long-term utility are amortised at 20% with the<br />
exception of the membership database, order management<br />
software, the FAI website, to which a rate of 33.33 per cent.<br />
is applied.<br />
Assets on loan or licensed<br />
Increases in <strong>2011</strong> amounted to € 5,850, and related to:<br />
Giardino della Kolymbetra, Agrigento 1,911<br />
Negozio Olivetti, Venice 3,939<br />
Total 5,850<br />
Amortisation for the year amounted to € 576,428, and has<br />
been recognised in the Financial Statements – Operating<br />
Section, in the amount of € 8,850, and to Use of Specific<br />
Contributions, in the amount of € 567,578.<br />
The assets on loan or licensed are as follows:<br />
CHURCH OF MANTA – expires 30 December 2033<br />
Gross value of investments<br />
as at 31 December <strong>2011</strong> 796,201<br />
Gross value, Amortisation Reserve (253,091)<br />
Balance (net amount) to 31 December <strong>2011</strong> 543,110<br />
PARCO VILLA GREGORIANA – expires 30 April 2029<br />
Gross value of investments<br />
as at 31 December <strong>2011</strong> 4,778,958<br />
Gross value, Amortisation Reserve (3,268,440)<br />
Balance (net amount) at 31 December <strong>2011</strong> 1,510,518<br />
GIARDINO DELLA KOLYMBETRA, Agrigento – expires 11 October 2024<br />
Gross value of investments<br />
as at 31 December <strong>2011</strong> 458,735<br />
Gross value, Amortisation Reserve (182,998)<br />
Balance (net amount) at 31 December <strong>2011</strong> 275,737<br />
BATTERIE TALMONE – expires 30/6/2027<br />
Gross value of investments,<br />
as at 31 December 2010 717,183<br />
Eliminations, by way of completed amortisation (52,455)<br />
Gross value, Amortisation Reserve (113,506)<br />
Balance (net amount) at 31 December <strong>2011</strong> 551,222<br />
NEGOZIO OLIVETTI – expires annually (automatic renewal)<br />
Gross value of investments,<br />
at 31 December <strong>2011</strong> 3,940<br />
Gross value, Amortisation Reserve (1,969)<br />
Balance (net amount) at 31 December <strong>2011</strong> 1,970<br />
CASTEL GRUMELLO – expires <strong>2011</strong><br />
Gross value of investments,<br />
at 31 December 2010 61,913<br />
Eliminations, by way of completed amortisation (61,913)<br />
Gross value, Amortisation Reserve (0)<br />
Balance (net amount) at 31 December <strong>2011</strong> 0<br />
The specific contributions received were recognised in<br />
a special Provision for Risks, the Reserve for Specific<br />
Contributions for Assets on Loan or Licensed. That reserve<br />
decreases in relation to the amortization amounts as they<br />
accrue, and is matched by an adjustment on the liabilities side,<br />
Use of Specific Contributions.<br />
The final net value thus amounted to € 2,882,557.<br />
Improvements are amortized over the term of the contract.<br />
TANGIBLE ASSETS<br />
Institutional land and buildings - (Schedule A)<br />
The value of land and buildings amounted to € 73,136,681<br />
as at the balance sheet reference date, an increase over the<br />
previous year of € 7,563,927.<br />
Of these increases for renovation and capital expenditure,<br />
work to a value of € 169,042 was carried out from donations,<br />
€ 3,313,501 out of the Foundation’s own resources, and €<br />
4,081,384, from deployment of the relevant contributions.<br />
The increases related to the following assets:<br />
Castello di Avio 23,090<br />
Villa Balbianello 442,488<br />
Villa Panza 232,775<br />
Casa Carbone 3,189<br />
Casa Pirovano 149,316<br />
Villa Della Porta Bozzolo 434,841<br />
Castello della Manta 167,546<br />
Castello di Masino 530,637<br />
San Fruttuoso 208,719<br />
Bosco di San Francesco 2,873,448<br />
Teatrino di Vetriano 5,542<br />
Ospedaletti 580<br />
Monastero di Torba 180,404<br />
Palazzo e Torre Campatelli 53,332<br />
Villa Necchi Campiglio 124,289<br />
Villa dei Vescovi 1,946,561<br />
Total 7,376,757<br />
Additionally, land was acquired, and work carried out, in<br />
locations in:<br />
Levanto 18,128<br />
Total 18,128<br />
Donations of new assets:<br />
Villa Fogazzaro Roi – Oria (Como) 1<br />
Torre di Ossuccio – Ossuccio (Como) 70,070<br />
Alpeggio Alpi Orobie – Sondrio 98,970<br />
Barca Velarca 1<br />
Total 169,042<br />
As already reported in the discussion on accounting<br />
policies, land, buildings and furnishings were measured at<br />
cost. Since, in most cases, these are assets with particular<br />
characteristics, for practical purposes it was not possible to<br />
determine their market value.<br />
Non-institutional land and buildings<br />
This item amounted to € 3,480,224, with a net increase of €<br />
254,951 compared to 2010, due to the following increases in<br />
the form of donations and works performed:<br />
Villa Flecchia – Magnano 300,485<br />
Total 300,485<br />
increases in the form of works performed:<br />
Bassano del Grappa 64,000<br />
Cà Mocenigo 2,025<br />
Total 66,025<br />
There was also a decrease as a result of the sale of the<br />
apartment in Lavagna, for € 66,822.<br />
As at the balance sheet’s reference date, this item comprised<br />
the following:<br />
Cremona – Galli 265,388<br />
Corvara 937<br />
Rome 152,273<br />
Vasto 32,448<br />
Monte Carlo 253,627<br />
Paris 763,595<br />
Venice 77,025<br />
Lavagna/Chiavari 206,608<br />
Sanremo 587,738<br />
Bassano del Grappa 723,018<br />
Borgosesia 114,124<br />
Villa Flecchia 300,485<br />
Terreno Deiva Marina 2,958<br />
Total 3,480,224<br />
Plant and machinery<br />
There were acquisitions of € 9,198 in total in <strong>2011</strong>, for the<br />
following assets:<br />
Castello di Avio 1,320<br />
Casa Carbone 3,570<br />
78 <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> 79
Notes to the financial statements<br />
Structure and content<br />
Villa Della Porta Bozzolo 1,403<br />
Villa Balbianello 2,497<br />
Villa Panza 408<br />
Total 9,198<br />
There were decreases and/or disposals of € 2,989 during<br />
the year, and thus at the balance sheet reference date, net of<br />
depreciation, this item amounted to € 142,562. Depreciation<br />
for the year amounted to € 37,651, and has been charged to<br />
the Financial Statements – Operating Section in the amount<br />
of € 32,722, and to the Reserve for Contributions to Specific<br />
Tangible Assets, in the amount of € 4,929.<br />
Equipment<br />
There were acquisitions of € 32,576 in total in <strong>2011</strong>, for the<br />
following assets:<br />
Castello della Manta 325<br />
Abbazia di San Fruttuoso 1,255<br />
Villa Balbianello 780<br />
Castello di Masino 4,817<br />
Villa Panza 180<br />
Giardino della Kolymbetra, Agrigento 6,000<br />
Villa Necchi Campiglio 6,552<br />
Villa dei Vescovi 8,645<br />
Negozio Olivetti 1,830<br />
Cà Mocenigo 1,848<br />
Offices in Milan 344<br />
Total 32,576<br />
There were decreases and/or disposals of € 15,554 during<br />
the year, and thus at the balance sheet reference date, net of<br />
depreciation, this item amounted to € 70,713.<br />
Depreciation for the year amounted to € 36,490, and has<br />
been charged to the Financial Statements – Operating<br />
Section in the amount of € 28,568, and to the Reserve for<br />
Contributions to Specific Tangible Assets, in the amount of €<br />
7,922.<br />
Photo library and photographic equipment<br />
Acquisitions amounted to € 1,198 in <strong>2011</strong>.<br />
After charging depreciation for the year of € 160 to the<br />
Financial Statements – Operating Section, this item<br />
amounted to € 1,301 as at the balance sheet reference date.<br />
Motor vehicles<br />
The depreciation charge of € 676 was charged entirely to the<br />
Financial Statements – Operating Section, in its full amount.<br />
Accordingly this item amounted to € 338 as at the balance<br />
sheet reference date.<br />
Furniture and office furnishings<br />
There were acquisitions of € 47,670 in total in <strong>2011</strong>, for the<br />
following assets:<br />
Castello di Masino 2,904<br />
Castello della Manta 452<br />
Cà Mocenigo 10,918<br />
Villa Della Porta Bozzolo 2,511<br />
Negozo Olivetti 19,003<br />
Villa Panza 653<br />
Bosco di San Francesco 191<br />
Villa dei Vescovi 10,480<br />
Offices in Milan 558<br />
Total 47,670<br />
There were decreases and/or disposals of € 8,072 over the<br />
course of the year, and thus at the balance sheet reference<br />
date, net of depreciation, this item amounted to € 123,236.<br />
Depreciation for the year amounted to € 18,215, of which<br />
€ 18,205 was charged to the Financial Statements –<br />
Operating Section and € 10 to the Reserve for Contributions<br />
to Specific Tangible Assets.<br />
Office equipment<br />
There were acquisitions of € 93,860 in total in <strong>2011</strong>, for the<br />
following acquisitions:<br />
Offices in Milan 53,432<br />
Regional Offices 1,041<br />
Villa Panza di Biumo 457<br />
Castello di Avio 996<br />
Castello della Manta 212<br />
Abbazia di San Fruttuoso 1,810<br />
Villa Della Porta Bozzolo 1,464<br />
Giardino della Kolymbetra, Agrigento 251<br />
Villa Necchi Campiglio 1,110<br />
Villa dei Vescovi 16,833<br />
Bosco di San Francesco 11,932<br />
Negozio Olivetti 4,322<br />
Total 93,860<br />
There were decreases and/or disposals of € 52,569 over the<br />
course of the year, and thus at the balance sheet reference<br />
date, net of depreciation, this item amounted to € 172,882.<br />
Depreciation for the year amounted to € 61,298, and has<br />
been charged to the Financial Statements – Operating<br />
Section in the amount of € 60,448, and to the Reserve for<br />
Specific Contributions, in the amount of € 850.<br />
All assets that are fully depreciated are measured at a value<br />
of € 1. Depreciation is calculated on the basis of rates<br />
considered representative of the possibility of further useful<br />
life. The rates applied are as follows:<br />
Plant and machinery 12%<br />
Equipment 25%<br />
Photo library and camera equipment 18%<br />
Motor vehicles 20%<br />
Furniture and office furnishings 10%<br />
Office equipment 18%<br />
FINANCIAL INVESTMENTS<br />
Equity participations<br />
The investment in the property firm La Fonte (in liquidation),<br />
in an amount of € 1, was reduced to zero during <strong>2011</strong>,<br />
following the company’s liquidation.<br />
Amounts receivable from subsidiaries<br />
The amount of € 181,842 has been netted against the<br />
appropriate liability reserve following liquidation of the<br />
property firm La Fonte.<br />
CURRENT ASSETS<br />
CLOSING BALANCE<br />
This mainly relates to various books and other items at the<br />
shops within the Foundation’s Properties. As at the balance<br />
sheet reference date, they amounted to € 158,488, an<br />
increase of € 8,705 compared to the same date in 2010.<br />
The book value is in any event less than the estimated<br />
realizable value, and takes into consideration a partial<br />
writedown, to € 35,676, of those inventory items identified as<br />
slow-moving.<br />
RECEIVABLES<br />
The amount of receivables as at the balance sheet<br />
reference date was lower than on the same date in 2010,<br />
by € 88,943.<br />
The most significant changes comprised:<br />
Receivables from customers 226,014<br />
Sundry receivables 43,574<br />
Specific contributions (resolved upon) (380,912)<br />
This item amounted to € 6,942,386, and comprised:<br />
Amounts due from customers 1,101,161<br />
Reserve for writedowns of receivables (85,000)<br />
Non-performing receivables 41,160<br />
Prepaid expenses 17,236<br />
Tax receivables 46,971<br />
Guarantee deposits 38,698<br />
Reserve for writedowns Guarantee deposits (22,803)<br />
Receivables from tenants 91,211<br />
Receivables from credit cards and postal accounts 68,603<br />
Operating contributions (resolved upon) 716,022<br />
Specific contributions (resolved upon) 4,287,440<br />
Sundry receivables 641,687<br />
Total 6,942,386<br />
The allowance for doubtful accounts decreased as follows:<br />
As at 1 January <strong>2011</strong> 118,612<br />
Use in current year (68,938)<br />
Provision made in current year 35,326<br />
Total 85,000<br />
The decision was made in the preparation of these financial<br />
statements to write off the deposit made in relation to the<br />
rent of the Milan office, because, as stated in the <strong>Report</strong> on<br />
Operations, the Board has decided to transfer the operational<br />
headquarters from Viale Coni Zugna 5/a to Via Carlo Foldi 2,<br />
and instructed the General Manager to reach an arrangement<br />
with the offices’ owners. Operating and specific contributions<br />
(resolved) regard certain payments that are to be received in<br />
subsequent years. That part of receivables that do not relate<br />
to the current year is matched in part by entries among the<br />
liabilities, under the Restricted Reserves. The item Sundry<br />
receivables comprised the following:<br />
Advances to Suppliers 64,509<br />
Concert tickets awaiting receipt of funds 29,410<br />
Recharges to be made 1,424<br />
Contributions to be received 491,234<br />
Sundry receivables 6,365<br />
Insurance payments receivable 48,745<br />
Total 641,687<br />
The item Contributions to be received comprised € 238,063<br />
receivable from the mobile and fixed telephony operators,<br />
in relation to the SMS fundraising campaign carried out<br />
in October; and € 12,471 receivable from private firms<br />
and individuals in relation to that same campaign; and<br />
the remaining € 105,515 consisted of various accrued<br />
contributions that were received in early <strong>2011</strong>.<br />
SECURITIES<br />
These amounted to € 11,269,379, a net increase over the<br />
previous year, with € 466,592 arising out of the investment<br />
of the donation that accompanied Villa Flecchia, of €<br />
1,500,000; and divestments to meet liquidity needs. They<br />
comprised € 6,534,574 from alienable and € 1,047,630 from<br />
inalienable assets, the latter being bonds serving as collateral<br />
for bank guarantees, and additionally Generali shares to<br />
a value of € 3,687,185, part of the Boso Roi gift restricted<br />
by testamentary provisions and currently the subject of<br />
negotiations with the executor, with the Foundation seeking<br />
to convert the shares into bonds or similar securities.<br />
Securities were measured at the lower of their purchase price<br />
and their market price as at the balance sheet reference<br />
date, with the exception of inalienable securities serving as<br />
collateral, whose value corresponded to that at which they<br />
were previously measured.<br />
CASH AND CASH EQUIVALENTS<br />
These amounts decreased by € 240,617 from the previous<br />
year. This item comprised as follows:<br />
Bank and postal deposits 222,224<br />
Cash on hand 65,487<br />
The Cash Flow Statement (Schedule B) summarizes the cash<br />
flow in the year (both in relation to the securities concerned,<br />
and their alienability).<br />
PREPAYMENTS AND ACCRUED INCOME<br />
The amount of € 247,144 comprised:<br />
Interest on securities, <strong>2011</strong> 70,076<br />
<strong>2011</strong> membership fees, for receipt in 2012 20,000<br />
Cost of goods and services, accruing in 2012 157,068<br />
Total 247,144<br />
BALANCE SHEET – LIABILITIES<br />
Equity - (Schedule C)<br />
Equity increased by € 6,256,993, as follows:<br />
Recapitalisation contributions 747,688<br />
Specific contributions 4,081,384<br />
Donations 1,969,043<br />
80 <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> 81
Notes to the financial statements<br />
Structure and content<br />
Transfers to other reserves (98,251)<br />
Loss for the year (442,871)<br />
Total 6,256,993<br />
Equity, amounting to € 79,016,709, comprised the following<br />
items:<br />
EQUITY FUNDS<br />
INITIAL EQUITY AND RESERVES<br />
ENDOWMENT FUND<br />
This amounted to € 258,228, being the amount of the<br />
founders’ initial contributions.<br />
RESERVE FOR OPERATING ACTIVITIES<br />
This amounted to € 14,648,920, an increase of € 975,151<br />
compared to the same date in 2010, as a result of the net<br />
effect of the deficit for the previous year of € 993,892, and of<br />
donations of both assets and money of € 1,969,043.<br />
DEFICIT FOR THE YEAR<br />
This amounted to € 442,871.<br />
OTHER EQUITY FUNDS<br />
RECAPITALISATION RESERVE<br />
This amounted to € 13,624,272, with an increase in the<br />
contributions collected in <strong>2011</strong> that amounted to € 747,688.<br />
RESERVE FOR SPECIFIC CONTRIBUTIONS<br />
The Fund increased by € 4,081,385 due to the release of<br />
funds used to cover restorations carried out in the course<br />
of the year, and decreased by € 98,251 as a result of a<br />
reclassification of an item to the Provisions for Contributions<br />
Specific to Assets on Loan or Licensed, and as at the<br />
reference date, amounted to € 50,928,160. Details may be<br />
found in Schedule A of the Financial Statements.<br />
PROVISIONS FOR CONTINGENCIES AND<br />
OTHER LIABILITIES<br />
ALLOWANCES FOR LOSSES ON SUBSIDIARIES<br />
The amount of € 181,842 was applied to write off receivables<br />
no longer recoverable, following liquidation of the property<br />
firm La Fonte.<br />
RESERVE FOR SPECIFIC CONTRIBUTIONS FOR ASSETS<br />
UNDER LOAN OR CONCESSION<br />
This reserve increased by € 98,251 as a result of the<br />
reclassification of the Reserve for Specific Contributions,<br />
and decreased by € 567,578 as a result of amortisation not<br />
charged to the Financial Statements – Operating Section. The<br />
total amount was thus € 2,814,814, comprised as follows:<br />
CHURCH OF MANTA – expires 30 December 2033<br />
Gross value, Reserve at 31 December <strong>2011</strong> 721,013<br />
Released from fund, as at 31 December <strong>2011</strong> (227,605)<br />
Balance (net amount) at 31 December <strong>2011</strong> 493,408<br />
PARCO VILLA GREGORIANA – expires 30 April 2029<br />
Gross value, Reserve at 31 December <strong>2011</strong> 4,756,755<br />
Released from fund, as at 31 December <strong>2011</strong> (3,259,559)<br />
Balance (net amount) at 31 December <strong>2011</strong> 1,497,196<br />
GIARDINO DELLA KOLYMBETRA – expires 11 October 2024<br />
Gross value, Reserve at 31 December <strong>2011</strong> 456,823<br />
Released from fund, as at 31 December <strong>2011</strong> (182,862)<br />
Balance (net amount) at 31 December <strong>2011</strong> 273,961<br />
BATTERIE TALMONE – expires 30/6/2027<br />
Gross value, Reserve at 31 December 2010 716,120<br />
Eliminations, by way of completed<br />
amortisation (52,454)<br />
Released from reserve,<br />
as at 31 December <strong>2011</strong> (113,407)<br />
Balance (net amount) at 31 December <strong>2011</strong> 550,249<br />
CASTEL GRUMELLO – expires <strong>2011</strong><br />
Gross value, Investments,<br />
at 31 December 2010 59,273<br />
Eliminations, by way of completed<br />
amortisation (59,273)<br />
Gross value, Amortisation Reserve (0)<br />
Balance (net amount) at 31 December <strong>2011</strong> 0<br />
RESERVE FOR CONTRIBUTIONS SPECIFIC TO TANGIBLE<br />
ASSETS<br />
This fund decreased as a result of depreciation not charged<br />
to the Financial Statements – Operating Section in the<br />
amount of € 38,911, thus reaching a total of € 118,968,<br />
comprised as follows:<br />
Castello di Avio 868<br />
Castello della Manta 1,105<br />
Villa Della Porta Bozzolo 3,349<br />
Villa Balbianello 888<br />
Castello di Masino 4,478<br />
Villa Panza 2,108<br />
Teatrino di Vetriano 4,435<br />
Villa Necchi Campiglio 4,386<br />
Parco Villa Gregoriana 761<br />
Bosco di San Francesco 20,989<br />
Offices in Milan 75,600<br />
Total 118,968<br />
RESTRICTED RESERVES<br />
This fund has increased as a result of contributions received<br />
or pledged, in the amount of € 2,021,118, and decreased<br />
by € 4,346,757 following release to the income statement.<br />
Accordingly, as at 31 December <strong>2011</strong>, the reserve had a total<br />
value of € 3,443,959, comprised as follows:<br />
Restorations, as set out in Schedule A,<br />
Financial Statements 1,758,525<br />
Kolymbetra Gardens 5,500<br />
Malvezzi legacy 25,000<br />
Future initiatives 437,500<br />
Recipients, Luoghi del Cuore 1,217,434<br />
Total 3,443,959<br />
EMPLOYMENT SEVERANCE INDEMNITY FUND<br />
As at 31 December <strong>2011</strong>, this amounted to € 875,629, a<br />
decrease compared to the previous year of € 59,820, derived<br />
primarily from the allocation of the adjustment for the year,<br />
of € 36,172, net of sums paid pursuant to terminations and<br />
advances, of € 95,992.<br />
LIABILITIES – SHORT-TERM<br />
The amount of liabilities as at the balance sheet reference<br />
date increased over the same date in <strong>2011</strong>, by € 3,949,802.<br />
The most significant changes comprised:<br />
Increase in payables to suppliers 1,398,178<br />
Decrease in sundry payables (242,310)<br />
Increase in payables to banks 2,544,520<br />
This item amounted to € 10,716,347, and comprised:<br />
Amounts payable to banks 4,584,207<br />
Amounts payable to suppliers 4,595,272<br />
Amounts payable to social security institutions 402,590<br />
Tax liabilities 354,462<br />
Guarantee deposits 50,764<br />
Amounts payable to employees 513,732<br />
Sundry liabilities 142,969<br />
Short-term instalments on loans 72,351<br />
Total 10,716,347<br />
The item, liabilities to employees, comprises the 14th<br />
instalment of pay, and liabilities for bonuses, holidays, leave<br />
and former public holidays, accrued as at 31 December <strong>2011</strong><br />
and not yet enjoyed.<br />
The item Sundry payables comprised the following:<br />
Banking charges on securities management 49,810<br />
FAI Committees 17,589<br />
Liabilities to third parties for employee withholdings 3,059<br />
Fourth quarter payment to pension funds 26,271<br />
Out-of-pocket expenses pending payment 17,110<br />
Refuse collection charges outstanding 14,367<br />
Other sundry payables 14,763<br />
Total 142,969<br />
LIABILITIES – LONG-TERM<br />
This item represented the debts owed to the Region of<br />
Lombardy under ten and twenty-year interest-free loans<br />
obtained for the restoration of Villa Panza and Villa<br />
Necchi Campiglio, and to Finlombarda for work to Villa del<br />
Balbianello, comprised as follows:<br />
Lombardy Social Infrastructure Fund, Villa Della Porta<br />
Bozzolo – matures 30 June <strong>2011</strong> 885,310<br />
Balance as at 31 December 2010 88,531<br />
Repayments <strong>2011</strong> (88,531)<br />
Balance as at 31 December <strong>2011</strong> 0<br />
Lombardy Social Infrastructure Fund,<br />
Villa Panza di Biumo – matures 30 June 2023 1,172,357<br />
Balance as at 31 December 2010 762,032<br />
Repayments <strong>2011</strong> (58,617)<br />
Balance as at 31 December <strong>2011</strong> 703,415<br />
Lombardy Social Infrastructure Fund,<br />
Villa Necchi Campiglio – matures 30/6/2027 274,646<br />
Balance as at 31 December 2010 233,449<br />
Repayments <strong>2011</strong> (13,732)<br />
Balance as at 31 December <strong>2011</strong> 219,717<br />
Finlombarda loan 123,788<br />
Balance as at 31 December 2010 0<br />
Repayments <strong>2011</strong> 0<br />
Balance as at 31 December <strong>2011</strong> 123,788<br />
Reclassification of short-term debt (72,351)<br />
Total 974,568<br />
ACCRUED LIABILITIES AND DEFERRED<br />
INCOME<br />
Insurance policies 10,553<br />
Prepaid membership fees 1,064,462<br />
Contributions, 2012 accruals 59,000<br />
Rentals <strong>2011</strong> 5,801<br />
<strong>2011</strong> items, sundry clients 5,500<br />
Total 1,145,316<br />
MEMORANDUM ACCOUNTS<br />
Guarantees provided by third parties:<br />
Unicredit Banca – Finlombarda 165,000<br />
Unicredit Banca – Region of Lombardy<br />
(Lombardy Social Infrastructure Fund II) 703,416<br />
Unicredit Banca – Region of Lombardy<br />
Lombardy Social Infrastructure Fund, Villa Necchi) 260,914<br />
Banca Pop. Bergamo, Cred. Varesino – Poste Italiane 2,324<br />
Unicredit Bank – Aspem (gas Biumo) 7,127<br />
Unicredit Bank – Aspem (gas Biumo) 11,568<br />
Unicredit Banca – Ministry of Environment 14,400<br />
Total Guarantees 1,164,750<br />
FINANCIAL STATEMENTS<br />
OPERATING SECTION<br />
OPERATING INCOME<br />
MEMBERSHIP FEES<br />
Membership fees accrued over the year amounted to €<br />
2,381,846, an increase of € 237,215 compared to 2010.<br />
Fees from renewals amounted to € 1,615,265, and from new<br />
members, € 766,581.<br />
82 <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> 83
Notes to the financial statements<br />
Structure and content<br />
CONTRIBUTIONS AND SPONSORSHIPS<br />
These amounted to € 7,084,428, an increase of 305,885 over<br />
2010, and regarded the following activities:<br />
State contribution pursuant to Law 400/2000 118,573<br />
Cultural events, the “I 200 del FAI” and FAI Viaggi<br />
346,605 History of Art courses 171,201<br />
FAI Spring Open Day 972,730<br />
Other national events 99,988<br />
Luoghi del Cuore 267,001<br />
Corporate Golden Donor Project 775,200<br />
Support – Concerts 456,512<br />
Support – Properties 483,592<br />
FAI Golf Cup 80,857<br />
SMS Campaign 613,887<br />
Emeritus members and Supporters 299,725<br />
Education and School Visits 153,889<br />
Congress of Delegates 102,902<br />
Donations and Bequests 95,036<br />
Other private donations 54,632<br />
Events at Properties 655,102<br />
General Institutional Activities 1,336,996<br />
Total 7,084,428<br />
ELECTIVE CONTRIBUTIONS OUT OF INCOME TAXES<br />
(CINQUE PER MILLE)<br />
These amounted to € 599,103 and were applied as follows:<br />
Financial Year 2009<br />
Amount received € 599,103<br />
1. Human resources 0<br />
2. Operating costs<br />
Maintenance of buildings, furnishings, plant and<br />
vehicles € 329,956<br />
Water, heating, electricity € 267,839<br />
3. Purchases of goods and services<br />
Stationery and printing € 1,308<br />
4. Disbursements for institutional purposes 0<br />
5. Other items of expenditure related to the achievement<br />
of the Foundation’s objectives 0<br />
Total expenditure € 599,103<br />
ADMISSION TICKETS<br />
Receipts from admission tickets amounted to € 2,061,516,<br />
an increase compared to 2010 of € 241,434, and were as<br />
follows:<br />
Property Total Diff. prev.year<br />
Castello di Avio 80,329 10,702<br />
Villa Balbianello 361,660 76,138<br />
Villa Panza 148,492 (15,445)<br />
Casa Carbone 7,421 979<br />
Villa Della Porta Bozzolo 86,901 (336)<br />
Giardino della Kolymbetra 66,735 (1,188)<br />
Baia di Ieranto 500 252<br />
Castello della Manta 118,939 (3,410)<br />
Castello di Masino 374,367 26,669<br />
Abbazia di San Fruttuoso 211,383 44,347<br />
Monastero di Torba 52,842 5,923<br />
Teatrino di Vetriano 1,130 130<br />
Parco Villa Gregoriana 172,391 1,215<br />
Villa Necchi Campiglio 182,014 (10,473)<br />
Corporate ticket sales 22,002 (67,080)<br />
Other initiatives 1,096 (304)<br />
Villa dei Vescovi 134,269 134,269<br />
Negozio Olivetti 39,045 39,045<br />
Total 2,061,516 241,434<br />
LEASES FOR USE<br />
These amounted to € 937,095, an increase of € 96,972 over<br />
the previous year. They relate to income received for use<br />
of Properties open to the public, and of exhibition areas at<br />
events, divided on the following goods:<br />
Monastero di Torba 656<br />
Castello della Manta 5,598<br />
Abbazia di San Fruttuoso 8,200<br />
Casa Carbone 250<br />
Villa Della Porta Bozzolo 22,220<br />
Villa Balbianello 239,946<br />
Castello di Masino 99,492<br />
Villa Panza 56,300<br />
Giardino della Kolymbetra 1,445<br />
Villa Necchi Campiglio 488,555<br />
Parco Villa Gregoriana 3,283<br />
Villa dei Vescovi 10,150<br />
Barberia, Genoa 1,000<br />
Total 937,095<br />
RENTAL INCOME<br />
This regarded leases of apartments and shops of noninstitutional<br />
properties, and amounted to amounted to<br />
€ 410,359, a decrease compared to 2010 of € 1,815.<br />
MISCELLANEOUS<br />
Miscellaneous items of income amounted to € 69,214,<br />
and related primarily to:<br />
Insurance payments 20,275<br />
Recovery of sundry expenses 6,468<br />
Recovery of consumption 29,778<br />
Reimbursement of conference expenses 12,693<br />
Total 69,214<br />
INTERIOR WORK<br />
This amounted to € 120,193, a decrease of € 34,086 compared<br />
to 2010. It represented the cost of personnel employed in<br />
restoration work that is capitalized among the fixed assets.<br />
MISCELLANEOUS APPEALS<br />
These amounted to € 791,634, an increase of € 291,441<br />
compared to 2010, and was the result of targeted fundraising<br />
campaigns, as follows:<br />
Property adoptions 193,664<br />
Room adoptions 320,774<br />
Terra di Francesco 119,161<br />
FAI Friends 14,757<br />
Wedding gifts to guests 17,561<br />
Terzo Paradiso 39,000<br />
Villa dei Vescovi 22,616<br />
Cinque per mille income tax appeal 17,587<br />
SMS appeal 40,574<br />
Other initiatives 5,940<br />
Total 791,634<br />
OPERATING EXPENSES<br />
ROUTINE MAINTENANCE<br />
These expenses amounted to € 464,856, a decrease of<br />
€ 52,609 [compared to 2010], and comprised:<br />
Motor vehicles 12,547<br />
Gardens 135,573<br />
Plant and machinery 159,772<br />
Office equipment 9,031<br />
Premises 75,009<br />
Mechanical transport and equipment 8,274<br />
Purchase of smaller items of equipment<br />
and consumables 64,650<br />
Total 464,856<br />
The most significant decrease was in maintenance to<br />
Premises, which returned to normal after the extraordinary<br />
costs incurred in the previous year.<br />
WATER, HEATING, ELECTRICITY<br />
This item amounted to € 404,869, an increase of € 6,440,<br />
and comprised:<br />
Water 15,137<br />
Heating 126,622<br />
Electricity 263,110<br />
Total 404,869<br />
The most significant increase was in Electricity, with the<br />
opening of new properties.<br />
TELEPHONY<br />
This item amounted to € 181,626, a decrease of € 24,321<br />
that was mainly due to changes in the charges related to<br />
mobile telephony.<br />
POSTAL AND DELIVERY<br />
These expenses amounted to € 541,669, an increase of €<br />
9,657 compared to 2010.<br />
MARKETING AND ADVERTISING<br />
This amounted to € 1,190,074, a decrease of € 49,269<br />
compared to 2010 and regarded the following areas:<br />
Concerts and Special Events 25,186<br />
Corporate Golden Donor 22,253<br />
Institutional communications 105,271<br />
Openings 56,913<br />
Giornata FAI di Primavera 147,566<br />
Events at Properties 114,714<br />
Education and School Visits 27,152<br />
Management of Properties 74,128<br />
Private Fundraising 435,827<br />
FAI Golf Cup 17,008<br />
Congress of Delegates 23,894<br />
Other initiatives 140,167<br />
Total 1,190,074<br />
EXTERNAL ADVISORS<br />
These costs amounted to € 1,113,499, an increase of €<br />
242,489 over 2010, of which increase only € 137,077 related<br />
to plans and maps within the Properties. Overall, the costs<br />
comprised the following:<br />
Software consulting 189,802<br />
Recruitment and personnel management 57,491<br />
Administrative and tax 53,587<br />
Legal and notaries 112,801<br />
Plans and maps at Properties 451,252<br />
Other occasional assistance 102,148<br />
Technical 41,541<br />
Other professional advisors 104,877<br />
Total 1,113,499<br />
THIRD-PARTY SERVICES AND EVENTS<br />
These expenses amounted to € 1,449,094, and related to:<br />
Return of contributions to Committees 70,388<br />
Events at Properties 287,830<br />
Third-party management of Properties 197,765<br />
Concerts and Special Events 404,664<br />
Education and School Visits 9,334<br />
Giornata FAI di Primavera 15,367<br />
Luoghi del Cuore and national initiatives 58,122<br />
Cultural events and trips 23,240<br />
Congress of Delegates 137,463<br />
Research department initiatives 53,852<br />
HR department initiatives 30,293<br />
Openings 46,215<br />
Various initiatives, other departments 114,561<br />
Total 1,449,094<br />
RENTAL OUTGOINGS, LICENCES, AND EXPENSES<br />
These amounted to € 333,840, and comprised the following:<br />
Milan office 222,117<br />
Rome office 3,837<br />
Regional Offices 22,396<br />
Minor properties 8,764<br />
Total rentals and expenses 257,114<br />
Licences, Park, Villa Gregoriana 6,748<br />
Total, Concession fees 6,748<br />
Printers, Milan office 16,768<br />
Kitchens, Villa Panza 53,209<br />
Total, finance lease payments 69,977<br />
In particular, with reference to the finance lease regarding<br />
Villa Panza, note that finance leases are represented in<br />
the accounts in accordance with the equity method, which<br />
means only those fees that are contractually established<br />
as costs for the year are recognised. Pursuant to part 22 of<br />
84 <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> 85
Notes to the financial statements<br />
Structure and content<br />
Article 2427 of the Civil Code, the following information is<br />
provided:<br />
Historical cost of assets subject to finance<br />
leases, at end of period 236,791<br />
Accumulated depreciation at end of period (42,622)<br />
Liabilities to other lenders (148,344)<br />
Reversal of deferred amounts of lump-sum<br />
payment (18,066)<br />
Total gross effect on equity 27,759<br />
Financial expenses for the year (5,6565)<br />
Theoretical amortisation (28,415)<br />
Finance lease payments deducted in the year 53,209<br />
Gross effect on income for the year 19,138<br />
Tax effect (6,009)<br />
Net effect on result for the year 13,129<br />
In order to hedge the risk of fluctuations in the interest rate<br />
applicable to the finance lease, an interest rate cap was<br />
entered into as a hedge, with the intention of holding such<br />
fluctuations within a ceiling at 3 per cent.<br />
STATIONERY AND PRINTING<br />
These expenses amounted to € 142,593, a decrease of €<br />
67,860.<br />
OTHER OPERATING EXPENSES<br />
Other operating expenses amounted to € 1,268,131, an<br />
increase of € 121,251 [over 2010], and comprised the<br />
following:<br />
Administrative operating costs 364,215<br />
Ordinary operating expenses 833,796<br />
Charges for taxes and other duties 88,120<br />
Total 1,268,131<br />
Administrative Operating costs primarily comprised Insurance<br />
Premiums, of € 186,439; bank charges on our bank accounts<br />
of € 79,248; and € 48,571 for participation in courses.<br />
Ordinary operating expenses primarily comprised personnel<br />
and advisors’ travel expenses, of € 435,667; cleaning<br />
expenses, of € 109,008; security services of € 125,277; and<br />
the costs of audioguides, entertainment expenses, and fuel<br />
costs. Charges for taxes and other duties regarded stamp<br />
duty, registration duty, council taxes, securities taxes, and<br />
other local taxes.<br />
PERSONNEL<br />
In <strong>2011</strong>, personnel costs amounted to € 7,669,150, inclusive<br />
of entitlements accrued as at 31 December <strong>2011</strong>, an increase<br />
of € 843,411 compared to 2010, including € 129,953 for<br />
individual settlements with employees.<br />
Beginning in <strong>2011</strong>, this item includes the staff employed<br />
under other types of contract, as follows:<br />
Employees 5,947,050<br />
Associates 1,156,501<br />
Professional advisors 565,599<br />
Total 7,669,150<br />
The following table shows the average number of employees<br />
during the year, by location and contractual classification.<br />
Milan and Rome offices At Properties, and regional offices Total<br />
2010 <strong>2011</strong> 2010 <strong>2011</strong> 2010 <strong>2011</strong><br />
Executive employees 4 4 4 4<br />
Office staff 58 60 56 51 114 111<br />
Temporary staff 0 6 15 20 15 26<br />
Total 62 70 71 71 133 141<br />
DEPRECIATION AND AMORTISATION<br />
Depreciation and amortization amounted to € 216,459, and<br />
comprised the following:<br />
Intangible assets:<br />
Costs with long-term utility 66,829<br />
Assets on loan or under licence 8,850<br />
Tangible fixed assets<br />
Plant and machinery 32,722<br />
Sundry equipment 28,568<br />
Photo library and camera equipment 160<br />
Motor vehicles 676<br />
Furniture and office furnishings 18,206<br />
Office equipment 60,448<br />
Total 216,459<br />
RESERVES FOR LOSSES ON RECEIVABLES<br />
The provision of € 35,326 was made in order to adjust the<br />
reserve to reflect receivables that at present are considered<br />
difficult to collect.<br />
INVENTORIES<br />
INCOME AND CONSUMPTION BY WAY OF SALES<br />
In <strong>2011</strong>, there was a profit on sales of € 154,870, a decrease<br />
of € 30,218 compared with the previous year. Detail is<br />
provided in the following table. Sales to third parties of:<br />
Books and sundry items 431,297<br />
Purchases from third parties (285,132)<br />
Change in inventories 8,705<br />
Inventory obsolescence 0<br />
Consumption of stock (276,427)<br />
Margin 154,870<br />
FINANCIAL OPERATIONS<br />
<strong>2011</strong> showed an operating profit of € 122,459, an increase of<br />
€ 7,163 compared with the previous year. The Generali shares<br />
paid higher dividends than in 2010, offsetting an increased<br />
use of bank lending.<br />
SECURITIES<br />
• Interest on [debt] securities 150,717<br />
• Dividends on shares 103,892<br />
• Gains on sales of securities in the year,<br />
as a result of sales made at prices higher<br />
than book prices 26,286<br />
• Losses on sales of securities in the year,<br />
as a result of sales made at prices lower<br />
than book prices (0)<br />
• Adjustment to allowance for excess of<br />
cost for marketable securities (69,077)<br />
Total 250,937<br />
INTEREST AND ALLOWANCES<br />
Interest on bank accounts (128,002)<br />
Other interest (566)<br />
Discounts and allowances 90<br />
Total (128,478)<br />
EXTRAORDINARY OPERATIONS<br />
EXTRAORDINARY INCOME (EXPENSES)<br />
These amounted to a net positive balance of € 28,191, and<br />
comprised:<br />
Sale of property in Lavagna 113,178<br />
Sale of land and building in Borgosesia 5,262<br />
Sale of depreciated assets 1,500<br />
Winding-up of la Fonte S.a.s. 16,628<br />
Clients, prior years 10,875<br />
Sums previously set aside for suppliers’ invoices<br />
not received 33,043<br />
Holiday periods for previous years, recovered 38,966<br />
Insurance payments, prior years 10,279<br />
Suppliers’ invoices, prior years (79,963)<br />
Incorrect provision for rental fees (21,424)<br />
Incorrect provision for receivables (30,000)<br />
Revocation of contributions (15,000)<br />
Writedown of Milan guarantee (22,803)<br />
Refuse, council tax, registration taxes, prior years (9,264)<br />
Other extraordinary income and expenses (28,086)<br />
Total 28,191<br />
MANAGEMENT OF THE PROPERTIES<br />
ORDINARY COSTS OF THE PROPERTIES<br />
RESTORATION AND RENOVATION WORK RECOGNISED<br />
AMONG FIXED ASSETS<br />
This amounted to € 8,654,556 and related to the value<br />
of restoration and renovation work, and extraordinary<br />
maintenance, performed on Foundation-owned property and<br />
on property owned by others, as follows:<br />
Restoration of Foundation-owned properties 5,173,495<br />
Extraordinary maintenance on<br />
Foundation-owned properties 2,287,900<br />
Total, Works recognised as assets 7,461,395<br />
Purchase of fixed assets 1,124,348<br />
Work on third-party property 68,813<br />
Total, work fully covered 1,193,161<br />
ORDINARY INCOME OF THE PROPERTIES<br />
Specific contributions<br />
These amounted to € 5,274,546, and covered work that<br />
accrued in the year, on the following:<br />
Restoration of Foundation-owned properties 2,730,074<br />
Extraordinary maintenance on<br />
Foundation-owned properties 1,351,311<br />
Total, Provisions for Specific Contributions 4,081,385<br />
Covering fixed assets 1,124,348<br />
Covering work on third-party property 68,813<br />
Total covering works 1,193,161<br />
It should be noted that accordingly € 3,380,010 was borne<br />
by FAI.<br />
EQUITY INCOME AND EXPENSE<br />
These represent the income and expense for which there is<br />
largely a balancing item among the items of Equity to offset<br />
the result of Core Operations, as follows:<br />
PROPERTY VALUE ADJUSTMENTS<br />
These amounted to € 7,461,395 and increased the value of<br />
property.<br />
ALLOCATIONS TO SPECIFIC CONTRIBUTIONS<br />
These amounted to € 4,081,385, and increased the Provision<br />
for Specific Contributions which is included among the<br />
Foundation’s Equity.<br />
OTHER INCOME RECOGNISED IN EQUITY<br />
RECAPITALISATION CONTRIBUTIONS<br />
These amounted to € 747,688, an increase over the previous<br />
year.<br />
RESTRICTED GIFTS<br />
These amounted to € 1,500,000, and regarded the donation<br />
that accompanied the non-institutional asset, Villa Flecchia in<br />
Magnano.<br />
ALLOCATION TO RECAPITALISATION FUND<br />
This amounted to € 747,688, a figure that increased the<br />
Recapitalization Fund included in Equity.<br />
ALLOCATIONS, RESTRICTED DONATIONS<br />
This amounted to € 1,500,000, a figure that increased the<br />
Reserve for Operating Activities that is included in Equity.<br />
TAXES FOR THE YEAR<br />
Taxes for the year amounted to € 192,594, and related to<br />
accrued corporation tax in an amount of € 32,764, and<br />
accrued production tax (IRAP) in an amount of € 159,830.<br />
DEFICIT FOR THE YEAR<br />
The deficit for the year amounted to € (442,871).<br />
on behalf of the Board of Directors - Chair<br />
Ilaria Carla Anna Borletti Dell’Acqua<br />
86 <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> 87
Schedule A<br />
Work carried out on properties owned by the Foundation<br />
Provisions for specific contributions – As at 31 December <strong>2011</strong><br />
TITLE TYPE DATE OF ACQUISITION LAND BUILDINGS AND FURNISHINGS TOTAL, INVESTMENTS<br />
MADE<br />
PROVISION FOR<br />
SPECIFIC<br />
CONTRIBUTIONS<br />
TOTAL REMAINING BORNE<br />
BY FAI<br />
Castello di Avio, Sabbionara d’Avio, TN Ist. 27/01/88 2,336,064 2,336,064 1,500,805 835,259 259,889<br />
Villa del Balbianello, Lenno, CO Ist. 31/10/88 14,073 3,007,592 3,021,665 2,668,622 353,043 33,528<br />
Villa Panza, Varese Ist. 05/12/99 7,918,498 7,918,498 4,870,331 3,048,167 104,675<br />
Villa Della Porta Bozzolo, Casalzuigno, VA Ist. 12/09/89 7,099,678 7,099,678 3,799,412 3,300,266 43,131<br />
Castel Grumello, Montagna, SO Ist. 09/10/90 710,265 710,265 701,023 9,242<br />
Baia di Ieranto, Massa Lubrense, NA Ist. 13/03/87 866,873 866,873 650,075 216,798<br />
Castello della Manta, Manta, CN Ist. 12/11/85 4,705,874 4,705,874 3,003,423 1,702,451 178,039<br />
Castello di Masino, Caravino, TO Ist. 27/09/88 15,499,219 15,499,219 12,421,103 3,078,116 145,326<br />
Abbazia di San Fruttuoso, Camogli, GE Ist. 15/11/89 4,824,829 4,824,829 3,561,526 1,263,303 103,446<br />
Monastero di Torba, Gornate Olona, VA Ist. 18/01/77 1,352,732 1,352,732 964,962 387,770<br />
Casa Carbone, Lavagna, GE Ist. 1,046,315 1,046,315 242,394 803,921 4,000<br />
Teatrino di Vetriano, Vetriano di Pescaglia, LU Ist. 06/03/00 462,460 462,460 384,523 77,937<br />
Villa Necchi Campiglio, Milano Ist. 28/12/01 8,995,786 8,995,786 6,910,048 2,085,738<br />
Villa dei Vescovi, Luvigliano, PD Ist. 8,342,175 8,342,175 5,432,154 2,910,021<br />
Torre S.Michele di Punta Pagana, Rapallo, GE Ist. 155,750 155,750 131,936 23,814<br />
Edicola storica, Mantova Ist. 10,869 10,869 9,976 893<br />
Negozio storico di barbiere, Genova Ist. 07/02/92 57,136 57,136 52,429 4,707<br />
Torre di Velate, Varese Ist. 173,865 173,865 172,031 1,834<br />
Palazzo Noha, Matera Ist. 23/06/04 23,347 23,347 12,000 11,347 252,000<br />
Mulino di Baresi, Roncobello, BG Ist. 14/07/05 220,033 220,033 188,000 32,033<br />
Bosco di San Francesco - Assisi (PG) Ist. 4,170,519 4,170,519 3,139,409 1,031,110<br />
Palazzo Campatelli, San Gimignano, SI Ist. 14/07/05 180,128 180,128 85,728 94,400 614,491<br />
Torre Ossuccio, Ossuccio (CO) Ist. 70,070 70,070 70,070 20,000<br />
Velarca, (CO) Ist. 1 1 1<br />
Alpeggio Alpi Orobie (SO) Ist. 98,970 98,970 98,970<br />
Villa Fogazzaro, Valsolda, CO Ist. 04/02/10 1 1 1<br />
Villa San Luca, Ospedaletti, IM (bare ownership) Ist. 32.547 32,547 32,547<br />
Villa S. Francesco, Varese (bare ownership) Ist. 18/04/01 5.142 5,142 5,142<br />
Villa Pirovano, Como Ist. 09/04/01 474.782 474,782 474,782<br />
Building, Gubbio, PG Ist. 12/07/00 182,889 182,889 182,889<br />
Terrains, Island of Capraia, LI Ist. 15/03/78 594 594 594<br />
Maso Fratton-Valaia, Spormaggiore, TN Ist. 06/05/93 27,411 27,411 25,823 1,588<br />
Terrains Brignola, Camogli, GE Ist. 28/02/86 13,336 13,336 13,336<br />
Terrains Casana, Camogli, GE Ist. 05/04/04 2,262 2,262 2,262<br />
Terrains Oliva, Camogli, GE Ist. 03/10/01 1,837 1,837 1,837<br />
Terrains Salvucci, Camogli, GE Ist. 10/07/89 1,230 1,230 427 803<br />
Terrain, Island of Levanzo, TP Ist. 1 1 1<br />
Terrain, Isola di Panarea, ME Ist. 1,375 1,375 1,375<br />
Terrain, Island of Ponza, LT Ist. 1 1 1<br />
Terrain, S.Giovanni a Piro, SA Ist. 1,168 1,168 1,168<br />
Terrain, Levanto, SP Ist. 26/03/09 48,984 48,984 48,984<br />
112,272 73,024,409 73,136,681 50,928,160 22,039,479 1,758,525<br />
RESTRICTED FUNDS<br />
(AVAILABLE FOR FURTHER WORK)<br />
88 <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> 89
Schedule A<br />
Work carried out on properties owned by the Foundation<br />
Provisions for specific contributions – As at 31 December <strong>2011</strong><br />
TITLE TYPE DATE OF ACQUISITION LAND BUILDINGS AND FURNISHINGS TOTAL, INVESTMENTS<br />
MADE<br />
PROVISION FOR<br />
SPECIFIC<br />
CONTRIBUTIONS<br />
Apartment, Pars (bare ownership) Non Ist. 763,595 763,595 763,595<br />
Apartment, Montecarlo (bare ownership) Non Ist. 253,627 253,627 253,627<br />
Cà Mocenigo, Venice (bare ownership) Non Ist. 77,026 77,026 77,026<br />
Apartment, Rome Non Ist. 152,272 152,272 152,272<br />
Villa Flecchia, Magnano (BI) Non Ist. 300,485 300,485 300,485<br />
Timeshare, Corvara, BZ Non Ist. 937 937 937<br />
5 Apartments, Cremona Non Ist. 265,388 265,388 265,388<br />
2 Apartments, Chiavari, GE Non Ist. 206,608 206,608 206,608<br />
Terrain, Deiva Marina, GE Ist. 26/03/09 2,958 2,958 2,958<br />
Building Dal Fabbro, Bassano del Grappa, VI Non Ist. 20/05/05 723,018 723,018 723,018<br />
3 Cottages, Borgosesia, VC Non Ist. 15/09/05 114,124 114,124 114,124<br />
Historical room, Vasto, CH Non Ist. 32,448 32,448 32,448<br />
6 Apartments, Sanremo, IM Non Ist. 15/10/97 587,738 587,738 587,738<br />
2,958 3,477,266 3,480,224 0 3,480,224<br />
TOTAL REMAINING<br />
BORNE BY FAI<br />
115,230 76,501,675 76,616,905 50,928,160 25,519,703 1,758,525<br />
RESTRICTED FUNDS<br />
(AVAILABLE FOR FURTHER WORK)<br />
90 <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> 91
Schedule B<br />
Statement of Cash Flows<br />
Schedule C<br />
Statement of Changes in Equity in <strong>2011</strong><br />
CASH FLOW <strong>2011</strong> 2010<br />
A. LIQUIDITY GENERATED (ABSORBED) BY OPERATING ACTIVITIES<br />
- Operating deficit (401) (1,106)<br />
- Changes in working capital (698) 269<br />
- Recapitalisation contributions 748 714<br />
- Legacies 1,969 0<br />
- Taxes (193) (175)<br />
- Change in employee severance fund (59) (100)<br />
NET CASH FLOW FROM OPERATING ACTIVITIES 1,366 (398)<br />
B. LIQUIDITY GENERATED (ABSORBED) BY INVESTMENT ACTIVITIES<br />
Institutional assets<br />
- Restorations of foundation-owned properties (7,564) (4,434)<br />
- Contributions specific to foundation-owned properties 3,983 2,754<br />
Non-Institutional assets<br />
- Restorations of foundation-owned properties (255) (10)<br />
- Contributions specific to foundation-owned properties 0 0<br />
Intangible assets<br />
- Increases (85) (189)<br />
- Depreciation and amortisation 92 79<br />
- Contributions specific to intangible assets 126<br />
- Amortisation of contributions specific to intangible assets (25) (25)<br />
Assets on loan or licensed<br />
- Increases (6) (23)<br />
- Depreciation and amortisation 576 580<br />
- Contributions specific to assets on loan 99 (5)<br />
- Amortisation of contributions specific to assets on loan (568) (573)<br />
Capital equipment<br />
- Increases (184) (184)<br />
- Depreciation and amortisation 154 142<br />
- Contributions specific to capital equipment 74<br />
- Depreciation of contributions to capital equipment (15) (17)<br />
NET CASH FLOW FROM INVESTMENT ACTIVITIES (3,798) (1,705)<br />
C. LIQUIDITY GENERATED (ABSORBED) BY FINANCIAL ACTIVITIES<br />
- Financial income 123 115<br />
- Repayments of frisl loans (37) (162)<br />
NET CASH FLOW FROM FINANCIAL ACTIVITIES 86 (47)<br />
D. LIQUIDITY GENERATED (ABSORBED) BY NONRECURRING EVENTS<br />
- Provisions for risks<br />
- Reallocated to income statement 0 145<br />
- Other extraordinary charges 28 27<br />
NET CASH FLOW FROM NON-RECURRING EVENTS 28 172<br />
TOTAL NET CASH FLOW (2,318) (1,978)<br />
Securities and cash, opening balance 9,292 11,270<br />
Securities and cash, closining balance 6,974 9,292<br />
Liquidity generated (absorbed) (2,318) (1,978)<br />
Changes Operating profit and reserves Inalienable amounts Total<br />
Endowment Fund<br />
Reserve for<br />
Operating Activities<br />
Recapitalisation<br />
Reserve<br />
Contributions by<br />
Constituents<br />
Reserves<br />
Surplus /<br />
Deficit for the<br />
year<br />
Conferiment<br />
“I 200 del FAI”<br />
Provision for<br />
Specific<br />
Contributions<br />
Sums collected<br />
and/or promised<br />
Used to meet costs of Restorations<br />
carried out<br />
Balance as at 1 January 258,228 13,673,769 (993,892) 12,876,584 46,945,027 72,759,716<br />
<strong>2011</strong><br />
Allocation of deficit from<br />
(993,892) 993,892 -<br />
2010<br />
Deficit for <strong>2011</strong> (442,871) (442,871)<br />
Change for the year 1,969,043 (98,251) 1,870,792<br />
Contributions accrued 747,688 4,081,384 4,829,072<br />
Balances as at<br />
31 December <strong>2011</strong><br />
258,228 14,648,920 (442,871) 13,624,272 50,928,160 79,016,709<br />
Data-processing policy – updated pursuant to Article 45 of the Italian Legislative Decree issued on February 9, 2012<br />
(which revoked Point 26 of Appendix B of Italian Legislative Decree 196/2003).<br />
Notice is hereby given that the Data Controller, also in relation to the tax year to which this balance sheet applies, has drafted the updated version of the Data<br />
Security Policy (hereafter DSP) and has therefore verified the updated compliance with the requirements prescribed by the aforementioned legislation.<br />
In this regard, please note that, – although the current regulation (following the entry into force of Article 45 of Italian Legislative Decree No. 5 of 9 February 2012)<br />
has formally abrogated the obligation to maintain and update the DSP and the reference to it in the report accompanying the balance sheet – the Data Controller<br />
considered it in any case appropriate to update the DSP for <strong>2011</strong> by the deadline of 31 March 2012, identifying the data-processing operations conducted, the<br />
resources who are required to comply with the security measures, the risks and the prescriptions (security-related organisational measures, physical measures,<br />
system measures). The updated version of the DSP is filed at the Data Controller’s office<br />
92 <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> 93
A heartfelt thanks to all those who supported our work in <strong>2011</strong><br />
“I 200 del FAI”<br />
Friends of FAI<br />
Corporate Golden Donors<br />
Supporters<br />
FAI Members<br />
FAI Supporter Schools<br />
FAI Delegations<br />
FAI Volunteers<br />
“Amici del FAI” Association<br />
And also<br />
A2A<br />
Aboca<br />
Accor Hospitality Italia<br />
Agema Corporation<br />
Agriventure<br />
Ales Groupe Italia<br />
Alleanza Toro<br />
Allianz<br />
Andreas Stihl<br />
Professor Avvocato Franco Anelli<br />
Arcus<br />
Arjowiggins<br />
Artemide<br />
Assicurazioni Generali<br />
Associazione delle Fondazioni delle Casse<br />
di Risparmio Piemontesi<br />
Associazione Industriali di Reggio Emilia<br />
Astaldi<br />
Banca Carige<br />
Banca d’Italia<br />
Banca Mediolanum<br />
Banca Popolare dell’Emilia Romagna<br />
BPM - Banca Popolare di Milano<br />
Banca Popolare di Verona, S. Geminiano e<br />
S. Prospero<br />
Banca Popolare di Vicenza<br />
Banca Popolare Verona<br />
Banco Popolare<br />
Notaio Sergio Barenghi<br />
Bartolini BRT Corriere Espresso<br />
Beniamino Belluz<br />
BMW Italia<br />
BNL - Gruppo BNP Paribas<br />
Borsa Italiana<br />
Roberto Borsetti<br />
Bridgestone Italia<br />
C.C.I.A.A. di Padova<br />
C.C.I.A.A. di Torino<br />
Cassa di Risparmio di Lucca Pisa Livorno<br />
Cassa di Risparmio di Venezia<br />
Giovanni Cataldi<br />
Centro Servizi Culturali S. Chiara<br />
Famiglia Colizzi<br />
Avvocato Sergio Colombo<br />
Compagnia di San Paolo<br />
Comune di Camogli<br />
Comune di Cuneo<br />
Comune di Grosio<br />
Comune di Imperia<br />
Comune di Milano, Settore Sport<br />
e Tempo Libero<br />
Comune di Padova<br />
Comune di Rovereto<br />
Comune di Tivoli<br />
Comune di Trento<br />
Comune di Varese<br />
Comunità Montana dei Monti Martani,<br />
Serano e Subasio<br />
Consorzio Grana Padano<br />
Consulenza D’arte Milano<br />
Sharleen Cooper Cohen<br />
Costa Crociere<br />
Danese<br />
De Agostini<br />
Deutsche Bank<br />
DOVE<br />
Emerson Network Power<br />
Enel<br />
Energia Plus Roma<br />
Eni<br />
Ente Cassa di Risparmio di Firenze<br />
Expo 2015<br />
Ferrarelle<br />
Ferrero<br />
Fiat<br />
Marcella Fichera<br />
Fininvest<br />
Finiper<br />
Fiordaliso - Marco Brunelli e Gruppo<br />
Rinascente<br />
Fnac Italia<br />
Fondation Segré<br />
Fondazione Antonveneta<br />
Fondazione ASM<br />
Fondazione Berti per l’Arte e la Scienza<br />
Fondazione CAB<br />
Fondazione CARIPLO<br />
Fondazione Cariverona<br />
Fondazione Cassa di Riparmio in Bologna<br />
Fondazione Cassa di Risparmio di<br />
Alessandria<br />
Fondazione Cassa di Risparmio di Asti<br />
Fondazione Cassa di Risparmio di Biella<br />
Fondazione Cassa di Risparmio di Bolzano<br />
Fondazione Cassa di Risparmio di Bra<br />
Fondazione Cassa di Risparmio di Carpi<br />
Fondazione Cassa di Risparmio di Cuneo<br />
Fondazione Cassa di Risparmio di<br />
Fossano<br />
Fondazione Cassa di Risparmio di Gorizia<br />
Fondazione Cassa di Risparmio di Imola<br />
Fondazione Cassa di Risparmio di Padova<br />
e Rovigo<br />
Fondazione Cassa di Risparmio di Perugia<br />
Fondazione Cassa di Risparmio di Prato<br />
Fondazione Cassa di Risparmio di Saluzzo<br />
Fondazione Cassa di Risparmio di<br />
Savigliano<br />
Fondazione Cassa di Risparmio di Terni e<br />
Narni<br />
Fondazione Cassa di Risparmio di Tortona<br />
Fondazione Cassa di Risparmio di Trento<br />
Fondazione Cassa di Risparmio di Trento<br />
e Rovereto<br />
Fondazione Cassa di Risparmio di Vercelli<br />
Fondazione Cassa di Risparmio di Verona,<br />
Vicenza Belluno e Ancona<br />
Fondazione Cassa di Risparmio di Reggio<br />
Emilia Pietro Manodori<br />
Fondazione CRT<br />
Fondazione Rocca<br />
Fondazione Telecom Italia<br />
Fondazione Zegna<br />
Franco Cosimo Panini Editore<br />
Franca Fustinoni<br />
Famiglia di Bettina Gabetti<br />
Galassia<br />
Gant<br />
Andreina e Tommaso Giulini<br />
Granarolo<br />
Gruppo Gabrielli<br />
Sam Havadtoy<br />
Hermès<br />
I.C. Bellagio<br />
Ikea Italia<br />
Il Ponte Casa d’Aste<br />
Intesa Sanpaolo<br />
IULM<br />
JT International Italia<br />
Kit Kat<br />
Krizia<br />
La Sicilia<br />
Laboratorio Morseletto<br />
Laboratorio Museotecnico Goppion<br />
Notaio Enrico Lainati<br />
Leroy Merlin Italia<br />
Levocell<br />
Lisa<br />
L’Oréal<br />
L’Unione Sarda<br />
Maire Tecnimont<br />
Maria Manetti Farrow<br />
Mantua Surgelati<br />
Mapei<br />
Martini Costruzioni<br />
Avvocato Stefano Mazzi<br />
Mediaset<br />
Mediobanca<br />
Ministero dell’Ambiente e della Tutela del<br />
Territorio e del Mare<br />
Ministero delle Politiche Agricole e<br />
Forestali<br />
Ministero dell’Economia e delle Finanze<br />
Ministero per i Beni e le Attività Culturali<br />
Ministero per i Beni e le attività culturali -<br />
Direzione Regionale per i Beni Culturali e<br />
Paesaggistici del Lazio<br />
Ottavio e Rosita Missoni<br />
Moncada Energy Group<br />
Mondadori Electa<br />
Peter e Merle Mullin<br />
NCTM Studio Legale Associato<br />
Anthony e Ruthann Niosi<br />
Olivetti<br />
Luisa Pacchioni Viterbi<br />
Paolonia Immobiliare<br />
Pastificio Rana<br />
Lee Pearce<br />
Paolo Pejrone<br />
Filippo Perego di Cremnago<br />
Pernod Ricard<br />
Piaggio<br />
Cristiano Pieri<br />
Pirelli & C.<br />
Michelangelo Pistoletto<br />
Pomara Scibetta & Partners<br />
Poste Italiane<br />
Prelios<br />
Presidenza del Consiglio dei Ministri -<br />
Unità Tecnica di Missione<br />
Provincia Autonoma di Bolzano<br />
Provincia Autonoma di Trento<br />
Provincia di Bari<br />
Provincia di Brescia<br />
Provincia di Como<br />
Provincia di Padova<br />
Provincia di Prato<br />
Provincia di Roma<br />
Provincia di Sondrio<br />
Provincia di Terni<br />
Provincia di Torino<br />
Provincia di Varese<br />
Gianluigi e Claudia Quentin<br />
Alex Quentin<br />
Sergio Quentin<br />
Reale Mutua Assicurazione<br />
Regione Basilicata<br />
Regione Campania<br />
Regione del Veneto - Lavori Pubblici<br />
Regione del Veneto - Territorio, Cultura e<br />
Affari Generali<br />
Regione Emilia Romagna<br />
Regione Lazio - Cultura Spettacolo Sport<br />
Regione Liguria<br />
Regione Lombardia - Cultura<br />
Regione Lombardia - Industria,<br />
Artigianato, Edilizia e Cooperazione<br />
Regione Marche<br />
Regione Molise<br />
Regione Piemonte - Cultura, Patrimonio<br />
Linguistico e Politiche Giovanili<br />
Regione Umbria<br />
Rehau<br />
Robert Bosch<br />
Roomor<br />
Vittorio Pardo Roques<br />
Royal Canin<br />
Rubelli<br />
Salvatore Ferragamo<br />
Same Deutz Fahr<br />
Sanbittèr Emozioni di Frutta<br />
Clara Vittoria Schiavina<br />
Rockwell e Marna Schnabel<br />
SDA Bocconi School of Management<br />
Serate Musicali<br />
Skira Editore<br />
SM.MA.Q.G. di Magionami A. & C.<br />
SMEG<br />
SNAM Rete Gas<br />
Mario Spada<br />
Start People<br />
Studio Legale DLA Piper<br />
Tecnothon<br />
Tellus<br />
Tigros<br />
Toffoletto Studio Legale<br />
Twin Set<br />
UBI Banca<br />
Unes<br />
Unione Europea - PORL FESR 2007/2013<br />
Regione Umbria<br />
Università degli Studi di Milano<br />
Utet<br />
Viabizzuno<br />
Vimar<br />
Webert<br />
Wind Telecomunicazioni<br />
World Monuments Fund<br />
Anna Zuffa Cassoli<br />
94 <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> 95
Supplement to No. 125 of “Il Notiziario del FAI” (The FAI Newsletter) – December 2012<br />
Periodical of FAI/Registered Headquarters: Via Carlo Foldi n. 2 - 20135 Milan, Italy<br />
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96 <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong>
Cover: FAI - Bosco di San Francesco, Assisi (Perugia). Photo: A. Angelucci<br />
www.fondoambiente.it<br />
Supplement to No. 125 of “Il Notiziario del FAI” (The FAI Newsletter) – December 2012