Caja Vital Kutxais a leader financial entity in Alava; it was created back in 1990, after the merger of the savings banks Caja Provincial de Ahorros de Alava and Caja Municipal de Vitoria-Gasteiz. Being a savings bank, with a social purpose, it devotes an important percentage of its benefits to social activities through its permanent fund.
In its Strategic Plan 2004-2008, 
Caja Vital Kutxa considers that its Permanent Fund is its main sign of identity. Thus, its main aim is ”providing an answer to the social demands from a supportive, contemporary perspective, promoting social, economic and cultural progress from the point of view of sustainability criteria and contributing to the development of collective quality of life and welfare in its area of operation.”
This compromise is observed in its different actions and it also shows in the progressive increase of its budget over the last few years. In 2008, the Permanent Fund will receive 26.8 million Euros. With this investment, Caja Vital Kutxa will be among the entities that devote a higher percentage of money to social purposes.
One of the features of the management model of the Caja Vital Kutxa Permanent Fund is the fact that society is the centre of all the processes. The Strategic Plan is based upon the assumption that it is necessary to observe the evolution of social demands and it uses the entity’s habitual communication channels and it takes into account the social agents that represent society in the Governing Bodies in order to diagnose and evaluate the Permanent Fund.
The compromise to pay attention to social demands is based upon the constant evaluation and revision of the programmes, in order to find an effective answer to the social demands. The KREA Expresión Contemporánea project appeared as a consequence of this process of reflection and analysis.
Krea Expresión Contemporánea echoes the commitment of Caja Vital Kutxa with Alava by embodying the relationship between culture and society, for Caja Vital Kutxa is convinced that it is possible to promote and reach higher development and welfare levels for the whole territory by investing in Culture.
The Caja Vital Permanent Fund carries out different programmes, both in Alava and in the different places in which the offices of Caja Vital Kutxa are located. These programmes are framed within four great work areas: Culture and Leisure Time, Health and Social Work, Education and Research and Historical Heritage and Environment.
The different activities and programmes are organised both by the Permanent Fund itself, which implements part of those activities, and through its different foundations:
