"},"equity_year":{"wt":"2015"},"website":{"wt":"[http://www.fondazionepisa.it fondazionepisa.it]"},"subsid":{"wt":"{{ubl|Fondazione Palazzo Blu|Fondazione Dopo di Noi a Pisa|Fondazione Pisana per la Scienza}}"}},"i":0}}]}" id="mwAg">.mw-parser-output .infobox-subbox{padding:0;border:none;margin:-3px;width:auto;min-width:100%;font-size:100%;clear:none;float:none;background-color:transparent}.mw-parser-output .infobox-3cols-child{margin:auto}.mw-parser-output .infobox .navbar{font-size:100%}body.skin-minerva .mw-parser-output .infobox-header,body.skin-minerva .mw-parser-output .infobox-subheader,body.skin-minerva .mw-parser-output .infobox-above,body.skin-minerva .mw-parser-output .infobox-title,body.skin-minerva .mw-parser-output .infobox-image,body.skin-minerva .mw-parser-output .infobox-full-data,body.skin-minerva .mw-parser-output .infobox-below{text-align:center}@media screen{html.skin-theme-clientpref-night .mw-parser-output .infobox-full-data:not(.notheme)>div:not(.notheme)[style]{background:#1f1f23!important;color:#f8f9fa}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .infobox-full-data:not(.notheme) div:not(.notheme){background:#1f1f23!important;color:#f8f9fa}}@media(min-width:640px){body.skin--responsive .mw-parser-output .infobox-table{display:table!important}body.skin--responsive .mw-parser-output .infobox-table>caption{display:table-caption!important}body.skin--responsive .mw-parser-output .infobox-table>tbody{display:table-row-group}body.skin--responsive .mw-parser-output .infobox-table tr{display:table-row!important}body.skin--responsive .mw-parser-output .infobox-table th,body.skin--responsive .mw-parser-output .infobox-table td{padding-left:inherit;padding-right:inherit}}
Formerly | Fondazione Cassa di Risparmio di Pisa |
---|---|
Predecessor | Charity function of Cassa di Risparmio di Pisa |
Founded | 7 April 1992 (spin off) |
Headquarters | 29 via Pietro Toselli, Pisa , Italy |
Key people | Claudio Pugelli (Chairman) |
Total assets | €636.8 million [1] (2015) |
Total equity | €503.7 million [1] (2015) |
Subsidiaries |
|
Website | fondazionepisa.it |
The Fondazione Pisa (formerly Fondazione Cassa di Risparmio di Pisa) is a charity organization that was spun off from Cassa di Risparmio di Pisa (the Saving Bank of Pisa) in 1992. From 1992 to 1999 the foundation was the major shareholder of the bank, but was gradually sold to Banca Popolare di Lodi (and its successor Banco Popolare).
In 1992 Cassa di Risparmio di Pisa was transformed from a statutory corporation to a Società per Azioni (S.p.A.), which the original statuary corporation was renamed into Ente Cassa di Risparmio di Pisa (Fondazione Pisa, Pisa Foundation), which acted as the major shareholder of the S.p.A. for 86.95% shares at the date of incorporation. [2] The foundation immediately formed a larger banking group with other saving banks: Casse Toscane, which the new holding company hold 70% shares of CR Pisa S.p.A., with Pisa Foundation only retained 16.68% shares of the bank directly. In 1996 the banking foundation of Cassa di Risparmio di Lucca, Pisa and Livorno quit Casse Toscane and formed another banking group Casse del Tirreno, which was acquired by Banca Popolare di Lodi in 1999, through sub-holding companies. The foundations of Pisa, Lucca and Livorno retained minority interests in Casse del Tirreno.
Through several transactions by cash and shares swap, the foundation completely disposal its former bank in 2008. Pisa Foundation received the shares of ICCRI – Banca Federale Europea when Casse del Tirreno was absorbed into ICCRI in 2001, which was then converted to the shares of Bipielle Investimenti in 2002, which was finally disposed for cash of €156,730,172 in 2003 (based on €147,239,710 agreed on 4 December 1999, plus interests since 16 June 2000 in a rate of 6 months Euribor + 0.25%). [3]
Pisa Foundation also received 7.48% shares of CR Lucca S.p.A. in 2003 by selling 25.63% shares of CR Pisa; CR Lucca was renamed to CR Lucca, Pisa e Livorno in 2006. The foundation did not participate in the capital increase, which made their ratio of ownership was dropped from 7.48% to 6.66%. On 15 January 2008 Pisa Foundation sold 6.66% shares of Cassa di Risparmio di Lucca Pisa Livorno to Banco Popolare for about €116 million (about €2.47 per shares). However the sales was in fact agreed in 2003, which would excise on or before 15 January 2008. [3] [4] [5]
The foundation became a minority shareholder of Società Aeroporto Toscano (the operator of Pisa International Airport) in 2007; in 2009 the foundation owned 4.938% of the shares; in 2010 the ownership ratio increased to 5.208%; it reached 8.213% in 2011 and 8.623% in 2012.
As at 31 December 2015, the foundation was the minority shareholder of the following listed companies: Intesa Sanpaolo (0.066%), UniCredit (0.015%), Eni (0.033%), Enel (0.026%), Toscana Aeroporti (the successor of Società Aeroporto Toscano) (4.568%) and Banca Sistema (7.399%). [1] Pisa Foundation had an equity of €503.7 million at 31 December 2015, which 20% revenue, net of administrative expense were required to be retained profit, with the rest for the charity expense. [1]
On 30 December 2015 Pisa Foundation funded €500,000 for the restoration of San Paolo a Ripa d'Arno. [6]
Palazzo Blu is a building located in 9 Lungarno Gambacorti, Pisa. Pisa Foundation bought the building and found Fondazione Palazzo Blu to manage a museum. Despite different address, 29 via Pietro Toselli, the headquarter of Palazzo Blu Foundation and Pisa Foundation, were refer to the same building.
The museum housed several arts collection, including Bandinella della confraternita di Santa Lucia dei Ricucchi of Francesco da Volterra, [7] Madonna con Bambino e santi of Taddeo di Bartolo. [8]
BPER Banca S.p.A., formerly known as Banca Popolare dell'Emilia Romagna S.C., is an Italian banking group offering traditional banking services to individuals, corporate and public entities. The company is based in Modena and is a constituent of the FTSE MIB index.
Banca Cassa di Risparmio di Firenze S.p.A. known as Banca CR Firenze, was an Italian savings bank. Once a listed company, the group now part of Intesa Sanpaolo since 2007.
Cassa di Risparmio is the Italian word for savings bank, and may refer to:
Gruppo Bancario Casse Emiliano Romagnole (CAER) was an Italian holding company and banking group, based in Bologna, Emilia-Romagna. The main company of the group was Cassa di Risparmio in Bologna (Carisbo).
Cassa di Risparmio di Prato S.p.A. or known as Cariprato or C.R. Prato, is a former Italian saving bank based in Prato, Tuscany. It was acquired by Banca Popolare di Vicenza (BPVi) in 2003. In 2010 it was completely absorbed by the parent company as its own branded branches.
Cassa di Risparmio di Cento S.p.A. is an Italian savings bank based in Cento, Emilia-Romagna, which serve the Province of Ferrara, Bologna and Modena.
Cassa di Risparmio di Alessandria was an Italian regional bank based in Alessandria, Piedmont. It was absorbed into the parent company Banca Popolare di Milano in 2012.
La Cassa di Ravenna S.p.A., formerly Cassa di Risparmio di Ravenna S.p.A. and Cassa di Risparmio di Ravenna, is an Italian savings bank based in Ravenna, Emilia-Romagna. The bank also has branches in Ancona, Gabicce Mare and Rome.
Cassa di Risparmio di San Miniato S.p.A. (Carismi) was an Italian savings bank based in San Miniato, in the Province of Pisa, Tuscany. It was taken over by Crédit Agricole via its Crédit Agricole Italia division.
Banca del Monte di Lucca S.p.A. is an Italian bank. It was related to charity organization Fondazione Banca del Monte di Lucca which they were split in 1990s.
Cassa di Risparmio di Lucca Pisa e Livorno S.p.A. was an Italian saving bank based in Lucca. It was a subsidiary of Banco Popolare and currently a sub-division and brand of the group Banco BPM.
Cassa di Risparmio di Pisa is a former Italian savings bank and charity organization, based in Pisa, Tuscany. The bank was spin off into a banking foundation and a Società per Azioni in 1992.
Cassa di Risparmi di Livorno is a former Italian regional bank and charity organization, based in Livorno, Tuscany. In 1992 the organization was split into a limited company and a banking foundation Fondazione Cassa di Risparmi di Livorno.
Cassa di Risparmio di Pistoia e della Lucchesia is an Italian regional bank based in Pistoia, Tuscany. The bank was a subsidiary of Banca CR Firenze, with Intesa Sanpaolo as the ultimate holding company.
Reti Bancarie was an intermediate holding company of Banca Popolare di Lodi Group. BPL's subsidiary reverse takeover listed company Banco di Chiavari e della Riviera Ligure in 2003. in 2006 it was absorbed into BPL.
Banca Caripe S.p.A. was an Italian saving bank based in Pescara, Abruzzo Region. There were 13 branches of the bank outside the Province of Pescara in Abruzzo and Marche regions, out of 48 total. In 2016 the bank was absorbed by the parent company Banca Popolare di Bari, but retaining as brand.
Banca Tercas, formerly known as Cassa di Risparmio della Provincia di Teramo was an Italian savings bank based in Teramo, Abruzzo. On 1 January 2011 the bank purchased fellow savings bank Banca Caripe from Banco Popolare. The enlarged banking group was also referred as Tercas Caripe. However, Tercas was acquired by Banca Popolare di Bari in 2014, which in turn Tercas and Caripe became part of the BP Bari Group as divisions. A spin off organization of the bank, Fondazione Cassa di Risparmio della Provincia di Teramo or Fondazione Tercas, still operates as a charity organization and independent from Banca Popolare di Bari.
Banca Popolare di Lodi was an Italian cooperative bank based in Lodi, Lombardy. The bank was absorbed into parent company Banco Popolare in 2011. However, the bank still operates as a division and a brand of the group.
Cassa di Risparmio di Carpi was an Italian retail bank based in Carpi, in the Province of Modena, Emilia-Romagna. The bank section was absorbed into UniCredit in 2005, while its charity section, still operates as Fondazione Cassa di Risparmio di Carpi.
Associazione di Fondazioni e di Casse di Risparmio Spa is an Italian banking association. The members were the savings banks of Italy, or the foundation that originate from the reform trigger by Legge Amato.