ACRI

Giorgio Righetti is ACRI's General Director, overseeing day-to-day operations per the firm website. ACRI is an apolitical, non-profit, voluntary association governed by its member Foundations and Savings Banks. Its secretariat in Rome coordinates the joint initiatives designed and approved by its member bodies.

ACRI does not control its 83 member Foundations but coordinates their jointly funded national programs. Each Foundation retains independent governance and focuses its philanthropic activity on its home province or region. ACRI's role is to aggregate capital for large-scale initiatives like the educational poverty fund and the digital equity fund.

The Foundations associated with ACRI fund their grantmaking entirely from the returns generated by their own investment portfolios. The combined size of their assets is roughly €40 billion, per the firm's website. The profits from these assets are then deployed into social utility and economic development projects, not drawn from ongoing donations or government allocations.

Grant capital targets welfare, art and culture, sustainability, primary education, and scientific research. Joint funds specifically under ACRI's coordination address child educational poverty, digital inequality, and social housing. The investment side of their €40 billion asset base is professionally managed to generate the returns required to sustain this grantmaking.

Fondazione Con il Sud is a major joint project coordinated by ACRI to promote social cohesion in Southern Italy. It activates networking and community-building paths specifically in the nation's southern regions. The project is one of several national and international initiatives ACRI orchestrates beyond its members' localized activities.