Call for Action Italy
Our contribution, € 1,228,228 to support 3 hospitals
The UniCredit Foundation decided to support some of the hospitals most actively involved in treating patients affected by Covid 19 and research on the virus
The pandemic placed a number of hospitals in difficulty, especially those who played a key role in treating patients with Covid 19.
The Foundation understood that these facilities needed support, quickly.
Instead of supporting all hospitals in need, the Foundation opted to aid facilities that, in addition to treating Covid patients, also play a key role in virus-related research and support hospitals most actively involved by developing scientific guidance.
Furthermore, the extent of the need observed was such that the Foundation decided to join forces with Unicredit's generous employees, who even in the past had shown great trust in the Foundation and its choices.
On March 12, the Board of Directors met and resolved to launch a fundraiser called Call for Action Italy, for UniCredit employees only, earmarking a total of € 1 million for the initiative.
For every donation received from UniCredit's employees, the Foundation made a matching donation of up to 10 times the value.
The initiative chose to support the following institutions:
1. Lazzaro Spallanzani National Institute for Infectious Diseases in Rome
2. Luigi Sacco Hospital in Milan
3. IRCCS Policlinico San Matteo Foundation in Pavia
In addition, employees were given the opportunity to select which hospital would receive theirs and the Foundation's matching donations.
The initiative began on March 13, and in just 18 days it collected more than 3,000 in donations, equalling a total of more than € 228,000.
Open to all Unicredit employees, the initiative raised funds not only in Italy, but also in multiple foreign countries, resulting in around 21% of donations coming from abroad.
When it closed, it was calculated that for every euro donated by a Unicredit employee, the Foundation donated an additional € 4.60.
Taking into consideration the donors' selections, the final results of the fundraiser were as follows:
• € 318,495 to the IRCCS Policlinico San Matteo Foundation in Pavia
• € 556,405 to the Luigi Sacco Hospital in Milan
• € 353,328 to the Lazzaro Spallanzani National Institute for Infectious Diseases in Rome