Rest Cent Initiative 2020
REST-CENT ITALY, our contribution, € 18,615 to 1 organisation
REST-CENT GERMANY, our contribution, € 23,562 to 2 organisations
The 'Rest-Cent' initiative lets UniCredit employees donate the cents part of their net pay to non-profit organisations every month, which are chosen by a colleague vote each year. As with all solidarity initiatives involving UniCredit employees, the Foundation doubles the annual amount collected by colleagues for the chosen organisations
The initiative has been active since 2012 for HVB (UniCredit Bank) colleagues in Germany. The funds raised - from the cents donated by colleagues - are given to two non-profit organisations, voted for from a list drawn up in collaboration with the philanthropy advisory company Phineo.
In 2020, German colleagues collected a total of € 23,562 which was split equally between Kinderschutz München and Caritas München und Oberbayern. The Foundation doubled the funds raised, paying a total of € 11,781 to each organization.
The Rest-Cent Italy initiative was launched in Italy in June 2020. As in Germany, Italian colleagues can participate by donating the cents from their net pay to non-profit social organisations. The annual amount collected is doubled by the UniCredit Foundation.
In 2020, the Rest-Cent Italy raised € 18,615, this was doubled by the UniCredit Foundation and a total of € 37,230 was donated to the ANT Foundation Italy Onlus, which provides free specialist medical assistance at home to cancer patients. For this first edition of the initiative, the beneficiary organization was chosen by the UniCredit Foundation's Board of Directors to support the most fragile categories of people, who have seen their quality of life and the chances of treatment compromised by the Covid
19 emergency. In 2021, UniCredit employees will choose the beneficiary