Fondazione di Modena

What Fondazione di Modena does

Fondazione di Modena is a private non-profit foundation established on August 1, 1991, following the Amato-Carli Act which restructured Italian savings banks. It is one of 88 Italian bank foundations (fondazioni bancarie) and operates under oversight from the Italian Ministry of Economy and Finance (MEF), with adherence to the ACRI-MEF Protocol. The foundation was created when Cassa di Risparmio di Modena and Banca del Monte di Bologna separated their philanthropic activities from commercial banking, conferring banking activity on Carimonte Banca S.p.A. It is headquartered at Palazzo Montecuccoli in Modena (Via Emilia Centro 283) and has been based there since 1993.

The foundation operates three principal intervention areas: Persona (social welfare and third-sector support), Cultura (arts, culture, and heritage), and Pianeta (environmental sustainability and scientific research). It deploys capital through structured grant mechanisms — themed calls for proposals (Bandi), open requests (Richieste Libere), and direct funding decisions — managed via the ROL (Richieste On Line) online platform. Over the 2019-2023 mandate, the foundation disbursed 108.9 million euros across 657 projects, with a 2025 cycle funding 318 projects for 30.7 million euros and the 2026 Documento Programmatico Previsionale allocating 21.4 million euros for institutional disbursements. It operates the AGO Modena Fabbriche Culturali (a major cultural and scientific complex under development at the former Sant'Agostino hospital), the SpazioF public-facing gateway, a specialized 13,000-volume library, the NoiAltri podcast series, and various digital services.

As a non-profit, Fondazione di Modena generates no commercial revenue; its operations are funded through returns on endowment capital. Following the 2025 incorporation of Fondazione Estense, its territory now includes both the Province of Modena and the Province of Ferrara. The foundation has no parent company and is governed by a Consiglio d'Indirizzo (Board of Advisors), Consiglio di Amministrazione (Board of Directors), Collegio dei Revisori (Board of Auditors), and a General Director (Luigi Benedetti), under President Matteo Tiezzi.

Name

Fondazione di Modena

Legal name

Fondazione di Modena

Website

https://fondazionedimodena.it

Company type

Private

Founded year

1991

Operating status

Operating

Short description

Fondazione di Modena is a private non-profit Italian bank foundation, established in 1991, that distributes grants across culture, social welfare, and environment in the provinces of Modena and Ferrara.

Ownership category

akta.pro rank

Product category

Philanthropic Foundation Grant-Making

NAICS

Grantmaking Foundations (813211), Grantmaking and Giving Services (8132)

SIC

Services-Social Services (8300)

akta.pro primary industry

Private Foundations (BPAGAKAA)

akta.pro secondary industries

Public Charities & Grantmaking Intermediaries (BPAGAKAE), Arts, Culture & Humanities Grantmaking Foundations (BPAGAKAJ)

Keywords

• Philanthropic foundation grants
• Bank foundation funding
• Cultural heritage support
• Social welfare programs
• Environmental sustainability grants

Headquarters

HQ city

Modena

HQ country

Italy

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Others, Marketing or Sales, Infrastructure

Revenue model

1. Foundation Disbursements: Fondazione di Modena operates as a private non-profit foundation. It generates no commercial revenue from products or services. The foundation receives returns from its endowment capital and distributes these as grants and disbursements to support projects in culture, social welfare, and environmental sustainability across the province of Modena. The Documento Programmatico Previsionale 2026 shows 21.4 million euros allocated for institutional disbursements, with additional contributions for Fondazione di Comunità di Ferrara e Provincia (4.1 million euros).

Distribution channels3 records

Marketing channels6 records

Core offering

Fondazione di Modena is a private non-profit bank foundation that channels returns from its endowment capital into grants and institutional disbursements supporting projects in three intervention areas: Persona (social welfare), Cultura (arts and culture), and Pianeta (environment and scientific research) across the provinces of Modena and Ferrara. In addition to its grant-making function, it operates community-facing physical spaces (SpazioF, Palazzo Montecuccoli, Biblioteca della Fondazione, the forthcoming AGO Modena Fabbriche Culturali) and digital services (podcast, live streaming, mobile app, digital library, EmiLib Media Library Online).

Product overview

Fondazione di Modena is a private non-profit foundation (one of 88 Italian bank foundations) that operates as a philanthropic organization rather than a technology company. Its offering consists of three main intervention areas: Persona (social welfare), Cultura (arts and culture), and Pianeta (environment and scientific research). The foundation provides funding through thematic grant programs (Bandi) and free requests (Richieste Libere). Key physical locations include SpazioF (the foundation's main reception and interaction point at Via Emilia Centro 283/C), Palazzo Montecuccoli (headquarters), and the Biblioteca della Fondazione housing approximately 13,000 volumes. The AGO Modena Fabbriche Culturali is a major cultural and scientific center under development at the Sant'Agostino complex. Digital services include the NoiAltri podcast, live streaming of events, a newsletter service, a mobile app for iOS and Android, a digital library with digitized publications, and access to EmiLib Media Library Online. The foundation does not offer a technology product in the traditional sense, but rather grants, cultural initiatives, and community services.

Differentiator

Problem solved

Functional benefit

Brands

• SpazioF: A gateway to the Foundation - a place for encounter, relationship and dialogue with the city.
• AGO Modena Fabbriche Culturali
• NoiAltri Carte in tavola

Products and services

• Bandi (Grant Programs) Thematic grant programs for non-profit organizations, public entities, and cultural/social bodies operating in the provinces of Modena and Ferrara, covering social welfare, culture, environment, sport, international cooperation, and competitive scientific research.
• Richieste Libere Open-request funding program allowing organizations to submit projects aligned with Fondazione's strategic objectives that may not fit specific grant themes, with applications submitted via the ROL online platform.
• SpazioF Physical reception and interaction point providing information about the foundation's procedures, pathways, and projects, serving as a place for dialogue with the community and visitors.
• AGO Modena Fabbriche Culturali A major cultural and scientific center under development at the former Sant'Agostino hospital complex, designed to house university museums, the DHMoRe Digital Humanities research center, and the Future Education Modena innovation center.
• Biblioteca della Fondazione di Modena Specialized library offering consultation, lending, and bibliographic information services on art and history, located at Palazzo Montecuccoli in Modena.
• Biblioteca Digitale Digital library providing access to digitized historical publications on Modena's heritage, including the Cronaca di Tommasino de' Bianchi and Modena napoleonica chronicles.
• NoiAltri. Carte in tavola Podcast series giving voice to volunteers, researchers, musicians, and directors who animate cultural, social, and environmental projects in the territory, conducted by host Martin Sal using a card-based conversation format.
• Live Streaming Service Live streaming service for Fondazione di Modena events and conferences, with video archive available on the YouTube channel.
• App Fondazione di Modena Mobile application available on iOS and Android platforms for booking event places and accessing foundation services and notifications.
• EmiLib - Media Library Online Digital library service accessible through MediaLibraryOnLine (MLOL), offering free access to Italian and foreign newspapers, ebooks, music, videos, databases, and more for residents of the provinces of Bologna, Modena, Parma, Piacenza, and Reggio Emilia.

Quantifiable outcome

• 108.9 million euros disbursed over 2019-2023 mandate supporting 657+ projects
• +3 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Ten partnerships are on record, tiered core and minor.

• Fondazione Estense (incorporation completed)coreStrategic or Co-development Partner · 1 January 2025Merger completed in 2025, incorporating Fondazione Estense into Fondazione di Modena. This expanded the foundation's territorial scope to include Ferrara province, with 4.1 million euros in contributions to Fondazione di Comunità di Ferrara e Provincia.
• Fondazione AGOcoreStrategic or Co-development PartnerFondazione AGO (Modena Fabbriche Culturali) is a key cultural foundation incentivizing the development of cultural and creative vocation in Modena. Fondazione di Modena is a founding supporter of this initiative, which will create a major cultural and scientific hub at the former Sant'Agostino hospital complex. The project, with over 35 million euros in contributions, includes a kinetic roof designed by Carlo Ratti and Chuck Hoberman, with first opening scheduled for December 11.
• Consorzio Festival FilosofiacoreStrategic or Co-development PartnerFondazione di Modena is one of the founders of Festival Filosofia, a major event promoting knowledge opportunities in Modena, Carpi, and Sassuolo. The foundation continues to support this cultural initiative.
• Teatro Comunale Pavarotti-FrenicoreStrategic or Co-development PartnerSupports the realization of concert, opera, dance, and musical theater seasons at the Teatro Comunale. Fondazione di Modena provides ongoing funding for this major performing arts venue.
• ERT FondazionecoreStrategic or Co-development PartnerFondazione di Modena has long supported the cultural activities of ERT Fondazione through seasons at Teatro Storchi and Teatro delle Passioni.
• Università degli Studi di Modena e Reggio Emilia (UNIMORE)coreStrategic or Co-development PartnerJoint sponsor of competitive research grants (Bando Progetti di Ricerca Competitiva). The university hosts DHMoRe (Digital Humanities) center at the AGO complex. Future Education Modena innovation center is also housed there. The Documento Programmatico Previsionale 2026 shows 3.5 million euros for scientific research.
• CSV Terre EstensiminorStrategic or Co-development PartnerJoint partner in Bando Attivatori di Comunità and Bando Insieme si Cambia, promoting youth volunteering and community engagement initiatives.
• Forum Terzo Settore di ModenaminorStrategic or Co-development PartnerCollaborating organization in youth engagement and community activation programs.
• Centro Analisi Politiche Pubbliche (CAPP)minorStrategic or Co-development PartnerUniversity research center providing methodological support for programming and evaluation activities, including the Commissione Programmazione e Valutazione.
• ACRI (Associazione di Fondazioni e Casse di Risparmio)minorOthersNational association of Italian bank foundations. Fondazione di Modena adheres to the Carta delle Fondazioni and is subject to ACRI-MEF Protocol oversight.

Scale indicators8 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Compagnia di San Paolo: Major Turin-based Italian foundation with similarly diversified grantmaking across culture, welfare, research, and innovation. Directly comparable operating model as a private non-profit foundation, though with significantly larger assets and national scope.
• Fondazione Cariplo: One of the largest Italian bank foundations (Milan), operating in Lombardia and Piemonte with multi-hundred million euro annual disbursements across culture, social, research, and environment. Comparable as an Italian banking-origin grantmaking foundation, but materially larger and operating across a broader region.

Direct peers

• Fondazione Cariverona: Verona-based Italian bank foundation with multi-area grantmaking and cultural heritage focus. Same ACRI-MEF regulatory framework, similar intervention model, and comparable size tier.
• Fondazione CRT: Turin bank foundation with similar mid-tier size, multi-area grantmaking (Cultura, Welfare, Ricerca), and Italian bank-foundation governance model. Closely comparable in scale, intervention areas, and ACRI-MEF regulatory framework.
• Fondazione con il Sud: Southern Italy grantmaking foundation focused on social cohesion and development. Partner entity of Fondazione di Modena through national co-funding initiatives. Comparable as a private foundation with grantmaking model, though geographically distinct.
• Fondazione CR Firenze: Florence-based bank foundation with cultural and social grantmaking programs in Tuscany. Very close parallel as a mid-size Italian bank foundation with strong cultural-heritage focus and similar three-area intervention structure.

Regional players

• Fondazione Cariparma: Parma-based bank foundation operating in Emilia-Romanna with grantmaking and cultural projects. Comparable regional proximity and similar grantmaking scale, though covering a different province within the same region.
• Fondazione CariReggio: Reggio Emilia-based bank foundation, also in Emilia-Romagna, with similar cultural and welfare grantmaking. Comparable regional and scale tier, though slightly smaller than Fondazione di Modena.
• Fondazione Cassa di Risparmio di Bologna: Bologna-based bank foundation in the same Emilia-Romagna region. Comparable regional context, intervention areas (welfare, culture, research), and banking-foundation heritage, though operating in a different province.
• Fondazione CR Cesena: Smaller Emilia-Romagna bank foundation in Cesena. Operates as a local grantmaking foundation following the same Italian bank-foundation model, though at a smaller scale than Fondazione di Modena.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/user/FondazioneCrMo/featured
• Facebookfacebook.com/fondazionedimodena
• LinkedInlinkedin.com/company/fondazione-di-modena
• Instagraminstagram.com/fondazionedimodena

Revenue estimate

Valuation estimate

Number of profiles

Profiles38 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments3 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Fondazione di Modena