The role of banking foundations in funding culture and creativity

Angelo Miglietta

Economia della Cultura, 2021, issue 4, 609-614

Abstract: In an increasingly competitive cultural sector, crowded with new actors and subjected to important legislative reforms, the methods of intervention of the banking foundations, one of the main culture supporters in Italy, have changed significantly. Since their establishment, the banking origin foundations have played a very important role in the art and culture sector in Italy, with extremely significant disbursements, so much so that many cultural operators are in fact dependent on their loans. Over time, the strategic profile of the interventions of the Foundations has evolved, integrating the original «granting foundation» function with that of «operating foundations », selecting projects that are worthy both from a cultural point of view and for their sustainability in the medium / long term.

Keywords: banking foundations; cultural organizations; cultural sector; funding opportunities (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.rivisteweb.it/download/article/10.1446/104580 (application/pdf)
https://www.rivisteweb.it/doi/10.1446/104580 (text/html)
Access to full text is restricted to subscribers

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:mul:jkrece:doi:10.1446/104580:y:2021:i:4:p:609-614

Access Statistics for this article

Economia della Cultura is currently edited by Paolo Leon

More articles in Economia della Cultura from Società editrice il Mulino
Bibliographic data for series maintained by ().