We keep saying Saudi Arabia is changing…maybe not fast enough for a lot of folks…but it is changing….here is a look at the Alwaleed Bin Talal Foundation in Saudi Arabia. This foundation works on Community Development Women’s empowerment and Disaster Recovery. Man, would we love learn more.
Alwaleed Bin Talal Foundation was established to formalize the philanthropic activities of His Royal Highness Prince Alwaleed Bin Talal in his home country. Prince Alwaleed has a long history of giving to the needy in Saudi Arabia. The Foundation’s strategy is built on the Prince’s belief that philanthropy is a humanitarian obligation, with an emphasis on extending need-based help to the community.
In Saudi Arabia, the Foundation’s Focus Areas are Community Development, Women’s Empowerment and Disaster Recovery. Additionally, the Foundation supports Special Projects that are based on community needs. The Foundation has built homes for Saudi Arabia’s homeless, lighted up remote villages that are outside the national power grid and continues to conceive and sustain numerous programs to support women. Under Special Projects, the Foundation offers healthcare and other types of social assistance to the people.
Prince Alwaleed, who founded and nurtured the Kingdom Holding Company, established the Kingdom Foundation in 1996 to manage the varied philanthropic activities he has supported since the early 1980s. It was renamed Alwaleed Bin Talal Foundation in 2009. In addition to the Saudi philanthropic organization, the Alwaleed Bin Talal Foundations encompasses two other Foundations – one dedicated to the needs of Lebanon and the other supporting projects the world over.
The Foundation strictly adheres to international best practices in governing the grant application and grant allocation processes (see Grants).