Advisory & Evaluation activities
We are constantly engaged in testing the best practices for measuring and monitoring social impact.
The Foundation’s team has gained consolidated experience in the financial sector and has, over the last few years, gained significant expertise in the structuring of transactions that involve the Third Sector and, more generally, subjects operating in the social sector. These skills enable the Foundation to structure complex financial transactions and “impact” business models through M&A and Corporate Finance advisory activities.
Innovative financial instruments
With the goal of increasing the supply of capital in the market and tailoring it to the financing needs of the various actors operating in the field of social economy, the Foundation has developed several innovative financial instruments.
Impact Grant
In 2022, our Foundation designed, structured, and successfully piloted the Impact Grant — an innovative hybrid financial instrument positioned between grants and equity. It acts as a bridge between philanthropic and investment capital, allowing a portion of the investment to be converted into a grant if pre-agreed social impact goals are achieved. The aim is to incentivize the achievement of impact objectives while also strengthening the beneficiary’s capital, resulting in a lower risk profile and an improved ability to access additional financing and attract new investors and funders.
Income Share Agreements (“ISA”)
The initiative promoted by Talents Venture — in collaboration with Fondazione Cariplo, Fondazione Social Venture Giordano Dell’Amore, Fondazione Italiana Accenture, and Fondazione Vodafone — is deploying approximately €1 million to support the issuance of around 200 Income Share Agreements (ISAs). These are innovative financial instruments based on the “pay for success” model, designed to enable access to educational programs for deserving students. The program specifically targets young people aged 20 to 35 who wish to enhance their skills in the Tech & Digital sectors, thereby increasing their chances of finding employment.
“Support for Third Sector Entities” Initiative
An innovative financial initiative launched during the pandemic by Fondazione Cariplo, Intesa Sanpaolo, CSVnet Lombardia, Fondazione ONC, Cooperfidi Italia, Fondazione Peppino Vismara, and Fondazione Social Venture Giordano Dell’Amore: the operation enables the provision of €30 million in subsidized loans — through Intesa Sanpaolo — to support Third Sector Entities operating in Lombardy and the Piedmont provinces of Novara and Verbano-Cusio-Ossola.
Futuro Aggiunto
An innovative financial operation promoted by Fondazione Compagnia di San Paolo, Intesa Sanpaolo, Cooperfidi Italia, and Fondazione Social Venture Giordano Dell’Amore, enabling the provision of €6 million in subsidized loans to support credit access for Third Sector Entities with operational headquarters in Piedmont, Liguria, and Aosta Valley. According to ISTAT 2020 data, this ecosystem in the three regions includes approximately 43,000 organizations and employs around 97,000 people.
initiative p.a.s.s.
An innovative financial operation promoted by Fondazione Cassa dei Risparmi di Forlì, Intesa Sanpaolo, Cooperfidi Italia, and Fondazione Social Venture Giordano Dell’Amore, enabling the provision of €4 million in subsidized loans to support credit access for Third Sector Entities based in the areas covered by the Fondazione di Forlì.
The Foundation’s Evaluation Lab is made up of professionals with consolidated skills in strategic planning and in the measurement and monitoring of the social impact of companies, funds, institutions and organizations in the Third Sector.
Strategic planning
Strategic planning
Evaluation
Evaluation
- Reporting: to produce detailed information on activities and results
- Monitoring: to produce know-how on implementation
- Estimation of the effects: to develop and disseminate know-how on effectiveness
Capacity Building
• Training and capacity building for implementing bodies on the management of monitoring tools and the use of data
• Support for start-ups and companies in the development of impact generation models
The Observatory
Notebooks
Since 2006, the Evaluation Lab has produced a series of in-depth studies known as "The Observatory Notebooks" with the aim of disseminating the results of the research produced in support of the strategic planning of Fondazione Cariplo.
INVESTORS
Would you like to estimate the social impact of your investment activity?
SOCIAL ENTERPRISES
Would you like to evaluate / monitor the social impact and sustainability of your business or your projects?
Advisory
ENTITIES OF THE THIRD SECTOR
Are you looking for support in the strategic planning, evaluation or monitoring of the impact of your activities or projects?
IDEAS AND START-UP
Are you looking for support to develop a sustainable, innovative and high-impact business model?