
Fondazione CRT is a hub for innovation and culture that brings people and ideas together. It was established in 1996 as a non-profit organization to promote economic and social development in the Piedmont region of Italy.
Fondazione CRT's headquarters is located in Turin, Italy, a city known for its rich history and cultural heritage. The foundation's mission is to support and promote innovation, entrepreneurship, and cultural projects.
One of the key areas of focus for Fondazione CRT is supporting startups and small businesses in the region. It provides funding, mentorship, and resources to help these companies grow and succeed.
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About Fondazione CRT
Fondazione CRT was founded in 1991 and has since become Italy's third largest foundation of banking origin in terms of assets. It was established to provide support to various projects and initiatives in the fields of art, research, education, welfare, the environment, and innovation.
The foundation has a significant presence in the North West region of Italy, both nationally and internationally. It has granted over EUR 2 billion to over 42,000 projects, making a substantial impact in the region.
Fondazione CRT is also a major shareholder in several prominent financial institutions, including UniCredit and Société Générale. As of 2006, it held approximately 4.721% of UniCredit's shares, making it the second largest shareholder at the time.
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Foundation
Fondazione CRT is a significant player in Italy's philanthropic landscape, founded in 1991. It's actually Italy's third largest foundation of banking origin in terms of assets.
The foundation has been incredibly active, granting over EUR 2 billion for more than 42,000 projects. These projects have spanned various fields, including art, research, education, welfare, the environment, and innovation.
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Organization
Fondazione CRT is a significant player in the financial sector, with a complex history of shareholdings and mergers. The foundation initially held shares in UniCredito, which later merged with Credito Italiano in 1998.
In 1999, the foundation owned 14.228% of UniCredit's total ordinary shares, a substantial stake that was diluted over the next few years due to new share issues. By 2002, the foundation's shareholding had decreased to 11.235%.
The foundation's shareholding in UniCredit fluctuated over the years, with the total number of shares increasing to 6,294,629,600 by 2003. This led to the foundation becoming the largest shareholder with 8.741% of the shares.
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However, the following year, the foundation's shareholding decreased to 8.713%, and it became the second-largest shareholder behind Fondazione Cariverona. By 2005, the foundation's shareholding had decreased further to 4.743%, behind Munich Re Group.
Here's a brief summary of the foundation's shareholdings in UniCredit over the years:
- 1999: 14.228%
- 2000: 14.092%
- 2001: 14.029%
- 2002: 11.235%
- 2003: 8.741%
- 2004: 8.713%
- 2005: 4.743%
- 2007: 3.69%
The foundation also held shares in other companies, including Société Générale and Cassa Depositi e Prestiti. As of 2006, the foundation owned approximately 1% of Société Générale's shares, worth around €315 million.
Lagrange Project: Data Science Fellowships
Fondazione CRT's Lagrange Project offers data science fellowships to support the development of data science skills in Italy. The project aims to create a network of data scientists who can contribute to the country's economic and social growth.
The fellowships are designed for young graduates and professionals who want to specialize in data science. They provide a unique opportunity to work on real-world projects and collaborate with other experts in the field.
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The fellowships are named after Joseph-Louis Lagrange, a renowned mathematician and astronomer who made significant contributions to the field of data science. He is considered one of the greatest mathematicians of all time, and his work has had a lasting impact on the field.
The Lagrange Project has already made a significant impact, with many of its fellows going on to become leading experts in data science.
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Sources
- https://www.fondazionecrt.it/en/
- https://en.wikipedia.org/wiki/Fondazione_CRT
- https://www.socialopencamp.org/2022/partner-sponsor/fondazione-crt/
- https://www.finestresullarte.info/en/news/turin-big-moves-for-fondazione-crt-as-it-unveils-new-guidelines
- https://www.sanpatrignano.org/fondazione-crt-e-comunita-san-patrignano-portano-wefree-a-torino-e-in-tutto-il-piemonte/
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