Fondazione Capellino is a non-profit commercial entity whose purpose is the safeguarding of the biosphere and, in particular, biodiversity.
The Foundation is financed through work rather than donations, specifically with the profits—after deducting costs, what is needed for business continuity, and taxes—generated by Almo Nature Benefit SpA, which is 100% owned by Fondazione Capellino. GFC S.r.l. and Arum SpA are also involved in the model with smaller contributions.

We have named this model the Reintegration Economy—an economic model in every respect.

Giving back to biodiversity, rather than turning into financial wealth for a few, the profit generated by work.

Every business has an impact on the environment. The model promoted by Fondazione Capellino aims to give back to nature what human activities take away from it. This necessity is driven by the role of biodiversity—in which we humans are a part, not the whole—in creating the conditions that make life, as we have known and still know it on our planet, possible.

There is Reintegration Economy every time business profits, public funds, and individual citizens’ contributions return to Biodiversity. With Almo Nature, 100% owned by Fondazione Capellino, a non-profit entity dedicated to safeguarding biodiversity, we are already making this happen.

It is 100% owned by Fondazione Capellino and represents its main source of funding. Every time you purchase Almo Nature food for dogs and cats, you take part in the Reintegration Economy.

Fondazione Capellino is the sole shareholder of Almo Nature. In 2019, Pier Giovanni and Lorenzo Capellino donated—through an irreversible notarial deed—100% of the economic rights (effective from January 1, 2018) and governance rights (effective from June 28, 2019) of Almo Nature Benefit SpA to the Foundation.

The Foundation exercises direction and coordination and appoints the Board of Directors.

If, for reasons considered today extremely remote, the Foundation were to decide to sell its stake in Almo Nature, the value derived from the sale would become 100% part of its endowment fund, with no possibility whatsoever of distribution to the founders or third parties.

The purpose—safeguarding the biosphere and, in particular, biodiversity—is the sole “owner” of the Foundation.

The Foundation’s assets (the endowment fund and the operating fund) can never, in any form, return to its founders, their successors, or be distributed to private third parties, as the bylaws already stipulate and resolve by defining in whose favor the remaining assets would be allocated in the extremely unlikely event of dissolution.

The governing bodies established according to the rules set out in the Bylaws.

Fondazione Capellino is financially independent, as it receives each year the dividends distributed by Almo Nature, a pet food company for dogs and cats, of which it is the 100% owner.

Starting in 2025, other entities wholly or partly owned by the Foundation will also contribute, with smaller amounts, to its funding.

This is the Reintegration Economy model.

The Bylaws stipulate that 75% of the income generated from the Foundation’s assets is allocated to the operating fund to pursue its mission, while the remaining 25% is allocated to the endowment fund to ensure long-term financial security for all projects.

Fondazione Capellino stands out from other foundations because:

It is among only five European enterprise-owning foundations that are both 100% owners of a company and non-profit.

Other types of foundations include:

• Non-profit foundations that do not own 100% of a company, sharing ownership with private interests;

• Non-profit foundations with various purposes, not owning enterprises, and funded through private or public donations;

• For-profit enterprise-owning foundations, created to shield the controlled company from the uncertainties of succession processes;

• Non-profit foundations created by companies that, instead of adopting a benefit corporation statute, prefer to set up a separate entity—corporate foundations—to which they assign social responsibility tasks.

Fondazione Capellino has been recognized by the Italian Revenue Agency as a “non-profit commercial entity”: a holding foundation, financially independent, that exercises direction and coordination over its controlled company.

By virtue of this status, the Foundation is subject to the same taxes levied on businesses in Italy, IRES and IRAP. The founders’ initial contributions, on the other hand, were subject to gift tax: they received no tax benefits.

Fondazione Capellino is an activist foundation which, with calm moderation, promotes both its mission and the Reintegration Economy model at a cultural and political level.

The Statue is the fundamental document that defines the Foundation's purposes, governance—the powers of its bodies and the relationships of direction, control, and mutual oversight—and operational structure.

During 2024, the Foundation revised the original Statute, originally conceived as a law firm, to adapt them to the needs identified by experience in the initial years of its activity. The new version of the Statute was approved on January 2, 2025, by the Prefecture of Alessandria.