Valter Baldaccini's death has left a deep void in the community and in those who knew him. After his transition to eternal life, initiatives and events have been born to testify to his indelible legacy.
On 29 November 2014, the Mayor Fabrizio Gareggia and the council in office decided to name the square of the Municipality of Cannara after Valter, a sign of his deep bond with the country in which he was born and lived to the last day.
On 26 January 2015, the second-place award of the “Chiara Lubich for the Fraternity” was dedicated to the memory of Valter Baldaccini.
The motivation: “So that the cities of Cannara and Foligno can carry out focused projects together for the common good and for the fraternity and solidarity embodied by the man and entrepreneur Valter Baldaccini and his company; so that work is increasingly an action of dignity and not just profit and can generate an opportunity for public dialogue and love for the territory". An important recognition of the entrepreneur and above all to the man, an example of loyalty to Christian ideals, of openness to one's neighbor in every language and color, of commitment to the most vulnerable, who has been able to combine economics with ethics and reignite the solidarity principle.
On May 4, 2015, based on the proposal of a group of Umbra Cuscinetti employees, which the Municipality of Foligno welcomed, the Mayor Nando Mismetti and the current council, named Valter Baldaccini the street where UMBRAGROUP and the Valter Baldaccini Foundation are based.
Since 2016, the City of Assisi and the municipal administration decided to dedicate the "City of Assisi Family Friendly Companies" award to the memory of Valter Baldaccini. In March 2014, the prize was awarded to UMBRAGROUP for having distinguished itself as a principled company that works alongside women workers and that has implemented and continues to favor organizational solutions aimed at promoting family-work balance.
On March 9, 2019 Valter was recognized among the Righteous of the Garden of Trevi’s Righteous. The Righteous are those who throughout their lives have distinguished themselves for actions and gestures of high human and social benefit. His candidacy was promoted by the Pro Trevi association and by students of class 2 of the secondary school of the T. Valenti di Trevi Comprehensive School.
