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Spontaneous solidarity initiatives - € 27,675

Spontaneous solidarity initiatives - € 27,675

Our contribution, € 27,675 for various initiatives


The UniCredit Foundation was pleased to respond to spontaneous wishes from its staff to support solidarity initiatives again in 2020


The first of these initiatives took place in January 2020 and concerned the decision made by some Corporate Investment Banking colleagues to allocate part of the funds raised to organise the 2019 Christmas party to support the Flying Angels project.  The UniCredit Foundation doubled the money raised by employees and the Flying Angels Foundation received € 2,820 to cover the costs of air transport for children who need to undergo life-saving surgery in another country.

The second initiative was carried out in February 2020 and involved fundraising by the Group Real Estate employees when one of their colleagues retired. They expressed an interest in carrying out a solidarity initiative for children. The Foundation suggested various options and they decided to support Save the Children, which received € 1,050 once the Foundation had matched the money raised by employees.

The outbreak of the pandemic also had an impact on spontaneous solidarity initiatives carried out by UniCredit employees. In March, the Foundation was contacted by the CEO's staff when the father of one of their colleagues lost his life. They decided to organize a fundraising event for the three beneficiary hospitals of the Call for Action Italy initiative. The event raised € 450 for the hospitals.

In April, UniCredit Circolo Milan decided to support the three hospitals of the Call for Action Italy initiative by donating € 20,000. This sum was collected by the UniCredit Foundation and it was transferred immediately to the three hospitals.

Finally, we should mention that the Unicredit Foundation collected an additional 21 donations made by colleagues between 1 and 27 April, totalling € 3,355, after the Call for Action Italy closed. This sum was also transferred immediately to the three hospitals involved in the initiative.