Unity in the Footsteps of Optimism: A Persistent Bond of Resilience
In Italy, a legacy of hope is taking shape as more individuals choose to leave a portion of their assets to non-profit organisations, such as Lega del Filo d'Oro, a charity that has been supporting deaf-blind individuals since 1964. However, specific data on the increase in charitable bequests over the past five years and their direct impact on organisations like Lega del Filo d'Oro remains elusive.
Despite the lack of concrete figures, general knowledge suggests that the trend of planned giving and charitable bequests in Italy has been on the rise, driven by increased awareness and engagement from nonprofit organisations. This shift can significantly bolster the financial sustainability of NGOs and charities providing specialized services, such as Lega del Filo d'Oro, which assists over 1,250 deaf-blind individuals each year through the work of more than 750 professionals and numerous volunteers.
For a precise evaluation of the increase in charitable bequests in Italy and their impact on Lega del Filo d'Oro, one would need to consult reports or data from Italian philanthropic research bodies, nonprofit sector overviews, or directly from the charity’s annual reports or communications.
A legacy gift can take various forms, including money, TFR quotas, shares, bonds, investment funds, movable assets like jewelry or works of art, or immovable assets such as apartments, land, or offices. These gifts can make a significant difference for organisations like Lega del Filo d'Oro, which work tirelessly to support deaf-blind people.
In 2024, Lega del Filo d'Oro received 130 legacies, a testament to the trust in the organisation's work. By 2024, 84% of Italians over 50 were aware of charitable bequests, up from 72% in 2020, and the percentage of Italians willing to consider charitable bequests has increased from 19% to 22%.
Moreover, around 6.3 million Italians have a positive orientation towards charitable bequests, and legacy gifts can provide a lasting impact without any tax being applied and without affecting the legitimate shares of one's loved ones. Over half a million Italians have already provided for charitable bequests in their arrangements.
Interestingly, 7 out of 10 Italians would involve their closest relatives in the decision of a charitable bequest, and only 18% would make the decision alone. For more information on a charitable bequest and to contact Lega del Filo d'Oro, please contact Alessandra Carancini at [email protected] or 071 7245328.
The Italian Third Sector is highly regarded, with 77% considering ETS the actors working the most to improve quality of life. The total value of charitable bequests in 2018 was €137 million, related to 149 organisations.
In conclusion, while specific data on the increase in charitable bequests in Italy and their impact on Lega del Filo d'Oro is not yet readily available, the trend towards planned giving and charitable bequests is undeniably on the rise. Lega del Filo d'Oro continues to provide vital support to deaf-blind individuals, and legacy gifts can play a crucial role in ensuring the organisation's financial sustainability and ability to continue its vital work.
Charitable bequests and planned giving have witnessed an upward trend in Italy, fueled by increased engagement from nonprofit organizations and a growing awareness among the population. Such contributions can greatly enhance the financial stability of organizations like Lega del Filo d'Oro, which focuses on personal-growth and education-and-self-development through the work of its professionals and volunteers.
For instance, Lega del Filo d'Oro received 130 legacies in 2024, signifying the trust invested in its mission to support deaf-blind individuals. These gifts can contribute to personal-growth and self-development for those served, thereby making a significant impact on their lives.