Fundacion Amancio Ortega: This not-for-profit, private institution was founded in 2001 by Ortega with an initial donation of 60 million Euros. Its main focus is to promote education, social action, science, culture, research, and welfare. Ortega’s youngest daughter is the VP of the foundation while the business tycoon is the President.
In 2012, he donated 20 million Euros to Caritas.
The “Amancio Ortega Foundation” also donated 10 million Euros to fund educational programs through the Entreculturas Foundation.