Annual Report 2011 - Fai
Annual Report 2011 - Fai
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