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Endowment, budget, and administrative expenditure


In 2000, Itaú established an endowment funded by donations of its own money and shares of the Itaú conglomerate.

The annual budget of Itaú Social is constituted by the yield from the investment of this endowment. The amount invested in 2018 reached R$ 128.8 million.

For efficient management, we use an indicator that limits administrative expenditure to 5% of the total amount invested in programs and projects.