In accordance with the statutory rules and the resolutions passed by the competent decision-making bodies, Banca d'Italia contributes to public interest initiatives and makes donations to charity.
This section contains the criteria and procedures governing the granting of contributions to public and private entities as well as a list of beneficiaries of amounts exceeding €1000, which is updated annually. The criteria establish the areas eligible for contributions, specify the principles to be observed during the examination of funding requests, define the tasks and powers of the Bank's structures and bodies, and set the timeframes for the receipt and processing of applications.
Only requests for funding made via an application are eligible for consideration. These must contain specific information (the amount requested, a description of the project to be undertaken, cost estimates, and documents certifying any other sources of funding), and must be submitted in specific periods of the year.
In particular:
- applications received between 1 January and 28 February are processed by end June
- applications received between 1 July and 31 August are processed by end December.
The preliminary inquiry is conducted by an internal committee in the Bank, which reports to the Institutional Relations Division of the Secretariat to the Governing Board and Communications Directorate.
The results of the inquiry are submitted to the competent decision-making body, which is the Governing Board for amounts of up to €25,000 and the Board of Directors otherwise.
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