La Caixa will have a record budget in 2025
The Foundation increases its financial endowment by 9%, which will reach 655 million euros
BarcelonaThe La Caixa Foundation announced on Wednesday that it will increase its budget by 9% in 2025 to 655 million euros, which is "a record in the history of the entity", according to the Foundation itself.
Of the total planned investment, which amounts to 370 million, 60% will be allocated to the development of social transformation programs, such as CaixaProinfancia, Incorpora or Reincorpora, the Program for Comprehensive Care for People with Advanced Diseases and the Program for the Elderly.
In addition, 130 million euros, 20% of the budget, will be allocated to initiatives to disseminate culture and science through the CaixaForum centers, the CosmoCaixa Science Museum, the ItinerPants exhibitions and the programming of concerts and conferences, as well as CaixaForum+.
The research and health area will have an allocation of 105 million euros, 16% of the total budget, which will be allocated to medical research and development projects of the CaixaResearch Institute.
The rest of the budget, 49 million, will be for the education and scholarships area, which awards undergraduate, postgraduate, doctoral and postdoctoral scholarships, as well as the EduCaixa program.
The president of the La Caixa Foundation, Isidro Fainé, explained that the increase in the budget should allow "continuing to promote social progress, culture and science, education, and research and health." "We want to provide long-lasting solutions to improve the quality of life of all people, especially the most vulnerable," added the Catalan financier.
La Caixa Foundation is among the most important in the world, and historically its endowment is only surpassed by the Bill & Melinda Gates Foundation in the United States and the British Wellcome Trust.
2024 Balance Sheet
The Foundation also explained that the social programs carried out during 2024 have benefited more than 235,000 people. The CaixaProInfancia program served 65,845 children and adolescents and 41,849 families, and the Incorpora program provided work for nearly 40,000 people.
The Program for Comprehensive Care for People with Advanced Diseases served 36,587 patients and 41,682 family members, and 533,080 users have participated in activities aimed at the elderly.
For its part, more than 9.1 million people visited the CaixaForum and CosmoCaixa centres and the development of EduCaixa and the granting of scholarships, as well as the ProFuturo programme, continued.
La Caixa Foundation is the entity that owns 100% of Criteria (the largest industrial holding company in Spain, with investments ranging from Telefónica to Naturgy, through ACS, Puig and Colonial and, of course, also CaixaBank, the financial institution where it originated and from which it originated).
