The "la Caixa" Foundation will have the highest budget in its history this year with 538 million euros, 23 more than last year

The budget of the "la Caixa" Foundation will reach 538 million euros in 2023

photo_camera PHOTO/la Caixa - Isidro Fainé, President of the "la Caixa" Foundation

The budget of the "la Caixa" Foundation will reach 538 million euros in 2023. This is the largest recurring budget in the history of the institution, which for more than a decade has invested more than 500 million euros in the development of social, scientific, educational and cultural initiatives. In 2022 the budget was 515 million euros, so the allocation for the current year is increased by 23 million euros. 

Of the total investment planned for 2023, 60%, nearly 320 million euros, will be allocated to the development of social transformation programmes, such as CaixaProinfancia, with the aim of fighting child poverty; the Incorpora and Reincorpora work integration projects; the Comprehensive Care for People with Advanced Illnesses programme, which seeks to improve the quality of care for people at the end of their lives; and the Elderly People programme, to encourage the social participation of this group. Within this section, the Calls for Aid for Social Projects will have a budget of 45 million euros, meeting the needs of all the territories. 

Another 21% of the total investment, 112 million euros, will be allocated to initiatives to disseminate culture and science, through the network of CaixaForum centres, including the new CaixaForum+ -an audiovisual platform with a growing catalogue of cultural and scientific dissemination proposals-, travelling exhibitions, the programme of concerts and conferences and the proposals of the CosmoCaixa Science Museum. 

The Research and Health area of the "la Caixa" Foundation will invest 62 million euros, 11% of the total budget. The calls for proposals to support medical research projects CaixaImpulse Health and CaixaImpulse Innovation, as well as the development of the future CaixaResearch Institute, a scientific reference centre that the Foundation is promoting in Barcelona, are among the items in this block. 

Finally, the remaining 8% of the entity's investment in 2023, 44 million euros, will be allocated to the area of education and scholarships, which promotes undergraduate, postgraduate, doctoral and post-doctoral scholarships, as well as the Educaixa programme, which promotes educational transformation with the aim of guaranteeing quality education through the development of the appropriate skills in both students and the entire teaching community. 

The Chairman of the "la Caixa" Foundation, Isidro Fainé, stressed: "It is precisely in difficult times like these that we have to be closer to society as a whole and, especially, to those people who find themselves in a situation of vulnerability. At the centre of our concerns are people and the wellbeing of their lives. Our purpose as "la Caixa" Foundation is, quite simply, social and human development, collective progress, and the welfare of each person considered and treated as an individual".

Balance sheet for 2022

In 2022, the "la Caixa" Foundation, whose CEO is Antonio Vila Bertrán, continued to prioritise the development of its strategic programmes with social impact and transformational impact on the main problems. The implementation in all the provinces of Spain of the CaixaProinfancia and Care for People with Advanced Illnesses programmes were two of the milestones of the year, in which the collaboration provided by the Foundation to facilitate the reception of Ukrainian refugees in Spanish families was also noteworthy. 

The extension and redefinition of the Calls for Grants for Social Projects with territorial criteria, the launch of the new Graduate Scholarship programme, the inauguration of CaixaForum Valencia, the launch of CaixaForum + -which already has more than 40,000 subscribers-, and the 7.7 million beneficiaries of Profuturo, the digital literacy programme in developing countries, were other objectives achieved in 2022.