Fundación ICO was created in 1993 within the institutional framework of INSTITUTO CRÉDITO OFICIAL for the purpose of contibuting to and providing support for the deveolpment of culture
ACTIVITY
OBJETIVES
Created in 1993 in the institutional framework of the Instituto de Crédito Oficial (Official Credit Institution), it is currently a permanent nationwide and non-profit-making foundation of the public state sector with autonomous resources.
The aims of the Foundation are the organization, boost, development, planning, and promotion of every type of studies, researches and formation activities, after-sales service and all other actions regarding all the humanitarian, civic, educational, artistic and cultural, professional, social and industrial, environmental, technological, scientific economical and business subjects, international cooperation programs and development programs, as well as other matters of general interest and especially, all those matters regarding the securing of the principles of the Democracy and the defence of the basic rights and the freedom of citizens.
The Foundation was created as a private foundation to contribute and support the development of culture. Over the years, new areas of action were included, completing the activities of the ICO, which will be later summarized.
In 2003 it adopted its articles of association, becoming a foundation of the public state sector. This implies that the Foundation is compelled to observe the principles ruling the public institution (openness, attendance, publicity...) in all the areas of actuation.