The balance sheet is a fundamental tool to explain how asset management is concretely translated into opportunities for intervention in favour of local areas and communities. Through its integrated structure, we aim not only to account for our work but also to strengthen links with local areas, by promoting a culture of shared responsibility and participation.
Balance sheet structure in three main components
To offer a comprehensive and accessible view, the Foundation presents its balance sheet divided into three main components, each with a specific function:
- Financial Statements
The accounting document with a snapshot of the Foundation’s economic, equity and financial position. Drawn up in accordance with current accounting standards, it highlights the results of asset management, income and expenses, and provides a solid basis for assessing the sustainability of grant-making activities.
- Mission Report
Adds to the economic balance sheet a qualitative and quantitative narrative of the impact generated. It sets out activities completed, projects supported, collaborations activated and the results obtained in relation to the Foundation’s strategic objectives. A social reporting tool, it is designed to create a conversation with all stakeholders.
- Approved Grants
This section gives a detailed account of the resources allocated to selected projects over the year. It includes information on areas of intervention, recipients, local areas involved and purposes of grants, offering a transparent and timely view of grant-making activity.
