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'''Fondazione Cassa di Risparmio di Padova e Rovigo''' is a philanthropic organization formed in 1991 by separating Cassa di Risparmio di Padova e Rovigo (Cariparo) into a [[Cassa di Risparmio del Veneto|private limited company]] and a bank foundation.<ref>{{cite web|url=http://www.gazzettaufficiale.it/eli/id/1991/12/21/091A5737/sg|title=Approvazione del progetto di ristrutturazione presentato dalla Cassa di risparmio di Padova e Rovigo|date=21 December 1991|access-date=18 February 2016|publisher=Italian Republic Official Gazette|language=Italian}}</ref>
'''Fondazione Cassa di Risparmio di Padova e Rovigo''' (in short '''Cariparo''') is an [[Italy|italian]] [[Philanthropy|philanthropic]] organization formed in 1991. It was formed by separating the [[Cassa di Risparmio di Padova e Rovigo]] into two separate entities: a [[Cassa di Risparmio del Veneto|limited company]] that offers banking services and a banking foundation which holds a stake in the bank capital.<ref>{{cite web|url=http://www.gazzettaufficiale.it/eli/id/1991/12/21/091A5737/sg|title=Approvazione del progetto di ristrutturazione presentato dalla Cassa di risparmio di Padova e Rovigo|date=21 December 1991|access-date=18 February 2016|author=Ministry of the Treasury|publisher=Italian Republic Official Gazette|language=Italian}}</ref>


The foundation united with other foundation in Veneto to form [[Casse Venete Banca]] Group. In 2000 it merged with [[Casse Emiliano Romagnole]] to form [[Cardine Banca]], which in 2002 incorporated into [[Sanpaolo IMI]]. As at 31 December 2006, the foundation was the second largest shareholders of the bank for 7.02%.<ref>{{cite web|url=http://www.group.intesasanpaolo.com/scriptIsir0/si09/contentData/view/content-ref?id=CNT-04-000000003F541|title=2006 Annual Report|date=9 May 2007|access-date=17 February 2016|publisher=Sanpaolo IMI}}</ref> In 2007 Sanpaolo IMI merged with [[Banca Intesa]] to form [[Intesa Sanpaolo]]. As at 31 December 2014 the foundation was the fourth largest shareholders of Intesa Sanpaolo for 4.162%.<ref> {{cite web |url=http://www.group.intesasanpaolo.com/scriptIsir0/si09/contentData/view/content-ref?id=CNT-05-000000025C2CE |title=2014 Annual Report |access-date=24 April 2015|publisher=Intesa Sanpaolo}}</ref>
Cassa di Risparmio di Padova e Rovigo later united with other banks in the [[Veneto]] region to form [[Casse Venete Banca]] Group. In 2000 it merged with [[Casse Emiliano Romagnole]] to form [[Cardine Banca]], which in 2002 incorporated into [[Sanpaolo IMI]]. As of December 31, 2006, Fondazione Cariparo was the second largest shareholder of Sanpaolo IMI for 7.02% shares.<ref>{{cite web|url=http://www.group.intesasanpaolo.com/scriptIsir0/si09/contentData/view/content-ref?id=CNT-04-000000003F541|title=2006 Annual Report|date=9 May 2007|access-date=17 February 2016|publisher=Sanpaolo IMI}}</ref> In 2007 Sanpaolo IMI merged with [[Banca Intesa]] to form [[Intesa Sanpaolo]], the italian international banking group. As of December 31, 2007 the foundation was the fourth largest shareholder of Intesa Sanpaolo for 4.60% shares.<ref>{{Cite web|title=Bilanci Cariparo|url=https://www.fondazionecariparo.it/documenti/bilanci-e-delibere/}}</ref> As of December 31, 2020, the foundation's stake in Intesa Sanpaolo had dropped to 1.72% of shares.<ref>{{Cite web|title=Bilanci Cariparo|url=https://www.fondazionecariparo.it/documenti/bilanci-e-delibere/}}</ref>

The foundation has diversified investments. It had total assets of €0.841 billion as of December 31, 2001, that grew to €2.889 billion as of December 31, 2022.<ref>{{Cite web|title=Bilanci Cariparo|url=https://www.fondazionecariparo.it/documenti/bilanci-e-delibere/}}</ref>

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The foundation had funded the restoration of [[Po (river)|Po River]] Delta.<ref>{{cite web|url=http://www.fondazionecariparo.net/docs/Bilancio_Sociale_2014.pdf|title=2014 Bilancio Sociale|date=25 June 2015|access-date=18 February 2016|publisher=Fondazione Cariparo|language=Italian|archive-date=2 March 2016|archive-url=https://web.archive.org/web/20160302005132/http://www.fondazionecariparo.net/docs/Bilancio_Sociale_2014.pdf|url-status=dead}}</ref><ref>{{cite web|url=https://en.unesco.org/news/new-po-delta-biosphere-reserve-and-other-designated-sites-italy-contribute-venice-expo-2015|title=New Po Delta Biosphere Reserve and other designated sites in Italy contribute to Venice to EXPO 2015|date=c. 2015|access-date=18 February 2016}}</ref>


⚫
The foundation had funded the restoration of [[Po (river)|Po River]] Delta.<ref>{{cite web|url=http://www.fondazionecariparo.net/docs/Bilancio_Sociale_2014.pdf|title=2014 Bilancio Sociale|date=25 June 2015|access-date=18 February 2016|publisher=Fondazione Cariparo|language=Italian}}</ref> The foundation had a shareholders equity of €1,831,591,626 as at 31 December 2014.<ref>{{cite web|url=http://www.fondazionecariparo.net/docs/Bilancio_di_Esercizio_2014.pdf|title=2014 Bilancio di Esercizio|date=8 June 2015|access-date=18 February 2016|publisher=Fondazione Cariparo|language=Italian}}</ref>
==References==
==References==
{{reflist|303em}}
{{Reflist|303em}}

==External links==
==External links==
* {{official site|http://www.fondazionecariparo.net/}}
* {{Official website|http://www.fondazionecariparo.net/}}

{{Authority control}}


[[Category:Cardine Banca]]
[[Category:Cardine Banca]]
[[Category:Sanpaolo IMI]]
[[Category:Sanpaolo IMI]]
[[Category:Intesa Sanpaolo Group]]
[[Category:Intesa Sanpaolo]]
[[Category:Banking in Italy]]
[[Category:1991 establishments in Italy]]
[[Category:1991 establishments in Italy]]
[[Category:Organizations established in 1991]]
[[Category:Organizations established in 1991]]
[[Category:Foundations based in Italy]]
[[Category:Banking foundations based in Italy]]
[[Category:Organisations based in Padua]]
[[Category:Organisations based in Padua]]


{{Italy-org-stub}}

Latest revision as of 15:45, 2 January 2024

Fondazione Cassa di Risparmio di Padova e Rovigo (in short Cariparo) is an italian philanthropic organization formed in 1991. It was formed by separating the Cassa di Risparmio di Padova e Rovigo into two separate entities: a limited company that offers banking services and a banking foundation which holds a stake in the bank capital.[1]

Cassa di Risparmio di Padova e Rovigo later united with other banks in the Veneto region to form Casse Venete Banca Group. In 2000 it merged with Casse Emiliano Romagnole to form Cardine Banca, which in 2002 incorporated into Sanpaolo IMI. As of December 31, 2006, Fondazione Cariparo was the second largest shareholder of Sanpaolo IMI for 7.02% shares.[2] In 2007 Sanpaolo IMI merged with Banca Intesa to form Intesa Sanpaolo, the italian international banking group. As of December 31, 2007 the foundation was the fourth largest shareholder of Intesa Sanpaolo for 4.60% shares.[3] As of December 31, 2020, the foundation's stake in Intesa Sanpaolo had dropped to 1.72% of shares.[4]

The foundation has diversified investments. It had total assets of €0.841 billion as of December 31, 2001, that grew to €2.889 billion as of December 31, 2022.[5]

The foundation had funded the restoration of Po River Delta.[6][7]

References

[edit]
  1. ^ Ministry of the Treasury (21 December 1991). "Approvazione del progetto di ristrutturazione presentato dalla Cassa di risparmio di Padova e Rovigo" (in Italian). Italian Republic Official Gazette. Retrieved 18 February 2016.
  2. ^ "2006 Annual Report". Sanpaolo IMI. 9 May 2007. Retrieved 17 February 2016.
  3. ^ "Bilanci Cariparo".
  4. ^ "Bilanci Cariparo".
  5. ^ "Bilanci Cariparo".
  6. ^ "2014 Bilancio Sociale" (PDF) (in Italian). Fondazione Cariparo. 25 June 2015. Archived from the original (PDF) on 2 March 2016. Retrieved 18 February 2016.
  7. ^ "New Po Delta Biosphere Reserve and other designated sites in Italy contribute to Venice to EXPO 2015". c. 2015. Retrieved 18 February 2016.
[edit]


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