Preserve diligently, give generously, in Latin TUTE SERVARE, MUNIFICE DONARE, has always been Fondazione Cariplo’s motto. The grants awarded by the Foundation to the Third Sector stem from returns from asset management, administered over the years according to the criteria of prudence, responsibility and diversification.

Our asset allocation: portfolio data.

At the end of 2025, the Foundation’s total assets at market prices amounted to €13.049 billion (€10.65 billion at the end of 2024), € 6.22 billion of which was attributable to the multi-asset and multi-manager portfolio managed by Quaestio Capital Management SGR S.p.A., € 5.692 billion to the appreciation at market value of the investment in Intesa Sanpaolo S.p.A.
The Foundation’s portfolio is completed by other investments and closed-end funds held directly on its balance sheet.

At the end of 2025, the total assets were approximately 63% exposed to the equity market and 28% to the bond market. The remaining 10% represented exposure to closed-end funds held both directly and through Fund One.

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