Cultural Foundations Boost the Economy and Society in Spain
A recent analysis by the Spanish Association of Foundations (AEF) puts figures to the real weight of these entities in the cultural sphere. Their contribution to gross value added exceeds 10.340 million euros, an amount that represents 0.7% of the country's Gross Domestic Product. In addition, they are a pillar for employment, sustaining nearly 170,000 jobs, which equates to 0.9% of the national total. Their footprint, however, goes far beyond these numbers. 🏛️
An Essential Bridge for Democratizing and Preserving
These organizations operate as a fundamental link that connects public administrations, the creative industry, and citizens. Their work is crucial for facilitating access to culture for a wider audience and for preserving historical-artistic heritage. In many areas, especially in rural settings, their activity is a key driver for dynamizing the local economy and offering opportunities where they are scarce.
Key Contributions of Foundations:- They generate direct economic value equivalent to 0.7% of national GDP.
- They support approximately 170,000 jobs in various sectors.
- They act as mediators between the public, private, and civil society sectors.
Their value is not measured only in euros, but in the social capital they build and the vitality they bring to the country's cultural fabric.
An Impact that Transcends the Monetary
The report highlights how the work of these foundations strengthens social cohesion and stimulates innovation within the cultural sector. By supporting and making viable projects that would otherwise not see the light of day, they enrich the cultural offer available to all. Thus, their true measure includes the social capital generated and the health of the cultural ecosystem.
Social and Cultural Effects:- They foster innovation and experimentation in the arts and culture.
- They promote inclusion and democratic access to cultural goods.
- They revitalize communities and territories through cultural activity.
The Silent Network Behind Visible Culture
While the public usually perceives only the major events or exhibitions, there is an entire operational network in the background that makes them possible. Cultural foundations are that essential support that allows culture not only to exist in major centers, but to reach and develop in multiple locations, ensuring its diversity and sustainability. Their role is, therefore, irreplaceable for building a richer and more connected society. 🤝