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Annual Report 2011 - Fai

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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

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