Program areas at Arab Fund for Economic and Social Development
The Arab Fund's primary activity is extending loans for purposes of financing Economic and Social Development in member states. The categories of infrastructure and productive purposes for which loans are extended are as follows: transport, telecommunications, energy and electricity, water and sewage, industry and mining, agriculture and rural Development.
The Arab Fund fellowships program was launched in december 1987. The purpose of the program is to provide Arab ph.d. holders who have excellent academic track record with opportunities to conduct research and/or lecture in the best universities of the world. The program is also expected to build bridges between Arab and foreign universities, which will lead to mutual benefits.
The Arab Fund provides technical assistance grants to member states and international organizations and enterprises located in member states to enhance Development objectives of Arab states and their institutional support. Technical assistance grants made by the Arab Fund are primarily awarded for: feasibility studies and project preparation, institutional support and training, general studies and research, seminars and conferences, emergency programs.
Grants made by Arab Fund for Economic and Social Development
Personnel at Arab Fund for Economic and Social Development
| Name | Title | Compensation | Date of data |
|---|
| Faud Fadhl Abbas | Investment Officer | $165,538 | 2021-12-31 |
| Imad Abuhuwail | Director Finance Affairs Department | $162,945 | 2023-11-15 |
| Abdlrahman al-Humemedi | Director of Administration | $289,488 | 2022-12-31 |
| Mohammad A A Almershed | Head of Public Relations | $163,500 | 2022-12-31 |
| Mohamed M Azzuz | Director of Auditing | $111,351 | 2021-12-31 |
| ...and 18 more key personnel |
Financials for Arab Fund for Economic and Social Development
| Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
|---|
| Total grants, contributions, etc. | $0 | $0 | - |
| Program services | $196,763,135 | $226,569,681 | -13.2% |
| Investment income and dividends | $20,679,120 | $19,646,223 | 5.3% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $47,371,120 | $184,766,433 | -74.4% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $6,390,204 | $1,487,856 | 329.5% |
| Total revenues | $271,203,579 | $432,470,193 | -37.3% |
Organizations like Arab Fund for Economic and Social Development
| Organization | Type | Location | Revenue |
|---|
| Pathfinder International | 501(c)(3) | Watertown, MA | $134,875,225 |
| The Asia Foundation | 501(c)(3) | San Francisco, CA | $101,640,301 |
| Winrock International Institute for Agricultural Development | 501(c)(3) | North Little Rock, AR | $110,967,461 |
| DKT International | 501(c)(3) | Washington, DC | $156,175,254 |
| TechnoServe | 501(c)(3) | Arlington, VA | $93,244,457 |
| American Israel Public Affairs Committee (AIPAC) | 501(c)(4) | Washington, DC | $73,512,996 |
| Fundacion De La Universidad Del Valle De Guatemala | 501(c)(3) | Guatemala, | $72,912,387 |
| International Food Policy Research Institute (IFPRI) | 501(c)(3) | Washington, DC | $102,800,367 |
| Global Communities | 501(c)(3) | Silver Spring, MD | $190,806,723 |
| Medical Teams International | 501(c)(3) | Tigard, OR | $68,409,431 |
Data update history
December 27, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 27, 2023
Updated personnel
Identified 4 new personnel
December 24, 2023
Used new vendors
Identified 4 new vendors, including , , , and
December 5, 2023
Updated personnel
Identified 3 new personnel
September 1, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Social advocacy organizationsInternational-focused organizations
Issues
Foreign affairsInternational development
Characteristics
Operates internationallyEndowed supportNo full-time employees
General information
- Address
- PO Box 21923 Safat 13080
- Kuwait, 00000
- Website URL
- arabfund.org/Â
IRS details
- EIN
- 98-0211642
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1968
- Eligible to receive tax-deductible contributions (Pub 78)
- No
Categorization
- NTEE code, primary
- Q30: International Development, Relief Services
- NAICS code, primary
- 813319: Social Advocacy Organizations
- Parent/child status
- Independent
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