Cause IQ organization profile

Arab Fund for Economic and Social Development

Arab Fund for Economic and Social Development is a urban development organization based in Kuwait that was founded in 2002. As of 2019 they had $83 million in revenue and $12 billion in assets.

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 ...

EIN:

98-0211642

City:

Kuwait City

State:

Kuwait

Website:

arabfund.org

Founded:

2002

Type:

501(c)(4)

NTEE:

S31: Urban development organizations

Revenue:

$83,221,764

Assets:

$12,172,412,201

Employees:

Fiscal year end:

December

Revenue trends:

Asset trends:

Form 990s for Arab Fund for Economic and Social Development

Fiscal year ending	Date received by IRS	Form	PDF link
2018-12	Dec 13, 2019	990O	View PDF
2017-12	Dec 10, 2018	990O	View PDF
2016-12	Dec 7, 2017	990O	View PDF
2015-12	Nov 9, 2016	990O	View PDF
2014-12	Nov 24, 2015	990O	View PDF
...and five more Form 990 PDFs

Financials for Arab Fund for Economic and Social Development

Field	2011	2010
Federated campaigns	$0	$0
Membership dues	$0	$0
Fundraising event contributions	$0	$0
Related organizations	$0	$0
Government grants (contributions)	$0	$0
Normal grants, contributions, etc.	$0	$0
<em>Non-cash contributions included in above</em>	$0
Total grants, contributions, etc.	$0	$0

Field	2018	2017	% Change
Total grants, contributions, etc.	$0	$0
Program services	$235,294,312	$236,108,717	-0.3%
Investment income and dividends	$30,031,327	$33,022,870	-9.1%
Tax-exempt bond proceeds	$0	$0
Royalty revenue	$0	$0
Net rental income	$0	$0
Net gain from sale of non-inventory assets	$-189,220,328	$105,779,037	-278.9%
Net income from fundraising events	$0	$0
Net income from gaming activities	$0	$0
Net income from sales of inventory	$0	$0
Miscellaneous revenues	$7,116,453	$5,583,243	27.5%
Total revenues	$83,221,764	$380,493,867	-78.1%

Field	2018	2017	% Change
Grants to govts. and orgs. in USA	$0	$0
Grants to individuals in USA	$0	$0
Grants to govts., orgs., and individuals outside USA	$0	$0
Benefits paid to or for members	$0	$0
Compensation of current officers, etc.	$3,455,135	$3,382,889	2.1%
Compensation not included above, to disqualified persons	$0	$0
Non-officer salaries and wages	$19,749,369	$19,502,212	1.3%
Pension/retirement accruals and contributions	$960,376	$956,464	0.4%
Other employee benefits	$0	$0
Payroll taxes	$0	$0
Management fees	$0	$0
Legal fees	$0	$0
Accounting fees	$98,928	$99,437	-0.5%
Lobbying fees	$0	$0
Pro. fundraising fees	$0	$0
Investment mgmt fees	$2,667,766	$7,971,494	-66.5%
Other fee-for-service	$0	$0
Advertising and promotion	$0	$0
Office expenses	$1,319,043	$2,654,956	-50.3%
Information tech. expenses	$92,333	$56,348	63.9%
Royalty expenses	$0	$0
Occupancy	$260,511	$258,534	0.8%
Travel	$1,553,174	$1,428,571	8.7%
Public official travel and entertainment	$0	$0
Conferences, meetings, etc.	$98,928	$132,582	-25.4%
Interest	$0	$0
Payments to affiliates	$0	$0
Depreciation, amortization, etc.	$0	$0
Insurance	$39,571	$36,460	8.5%
All other expenses	$154,989	$212,131	-26.9%
Total expenses	$30,450,123	$36,692,078	-17.0%

Field	2018	2017	% Change
Cash (non-interest-bearing)	$86,344,600	$72,403,049	19.3%
Savings, short-term investments, etc.	$153,889,530	$18,034,471	753.3%
Pledges and grants receivable	$0	$0
Accounts receivable	$0	$0
Loans receivable from officers, directors, etc.	$38,613	$53,246	-27.5%
Loans receivable from other disqualified persons	$0	$0
Notes and loans receivable	$0	$0
Inventories for use	$0	$0
Prepaid expenses and deferred charges	$0	$0
Buildings, equipment, etc. post-depreciation	$0	$0
Investments, publicly traded securities	$1,880,270,404	$1,822,949,950	3.1%
Investments, other securities	$241,286,068	$231,484,919	4.2%
Investments, program-related	$9,710,196,208	$9,637,610,209	0.8%
Intangible assets	$0	$0
Other assets	$100,386,778	$89,257,328	12.5%
Total assets	$12,172,412,201	$11,871,793,172	2.5%

Field	2018	2017	% Change
Accounts payable and accrued expenses	$0	$0
Grants payable	$0	$0
Deferred revenue	$0	$0
Tax-exempt bond liabilities	$0	$0
Escrow or custodial account liability	$0	$0
Loans payable to officers and disqualified persons	$0	$0
Secured mortgages and notes payable to unrelated third parties	$0	$0
Unsecured notes and loans payable to unrelated third parties	$0	$0
Other liabilities	$244,135,202	$252,323,500	-3.2%
Total liabilities	$244,135,202	$252,323,500	-3.2%

Field	2018	2017
Unrestricted net assets	$0	$0
Temporarily restricted net assets	$0	$0
Permanently restricted net assets	$0	$0

Peer urban development organizations

	Name	Type	Revenue	Location
1	Makivik Corporation	501(c)(4)	$47 million	Canada,
2	World Economic Forum	501(c)(6)	$318 million	Switzerland,
3	Cab International	501(c)(4)	$42 million	United Kingdom,
4	Tarion Warranty Corporation	501(c)(4)	$57 million	Canada,
5	Times Square Alliance	501(c)(3)	$22 million	New York, NY
6	World Economic Forum USA	501(c)(6)	$31 million	New York, NY
7	American Cancer Society Cancer Action Network (ACSCAN)	501(c)(4)	$37 million	Washington, DC
8	Energy Federation	501(c)(4)	$23 million	Southborough, MA
9	Sierra Club	501(c)(4)	$143 million	Oakland, CA
10	Neighborhood Assistance Corporation of America (NACA)	501(c)(4)	$40 million	Boston, MA
11	Greenpeace	501(c)(4)	$36 million	Washington, DC
12	Salesforce Org	501(c)(4)	$45 million	San Francisco, CA
13	National League of Cities (NLC)	501(c)(4)	$24 million	Washington, DC
14	Texas Association of Counties	501(c)(4)	$36 million	Austin, TX
15	Campion Advocacy Fund	501(c)(4)	$20 million	Seattle, WA
16	National Insurance Crime Bureau (NICB)	501(c)(4)	$64 million	Des Plaines, IL
17	Fund for the Public Interest	501(c)(4)	$29 million	Boston, MA
18	Providence Plan Partners	501(c)(4)	$251 million	Renton, WA
19	Aircraft Owners & Pilots Association	501(c)(4)	$45 million	Frederick, MD
20	International Financial Reporting Standards Foundation	501(c)(3)	$41 million	United Kingdom,
21	International Institute for Applied Systems Analysis (IIASA)	501(c)(3)	$26 million	Austria,
22	Chatham House	501(c)(3)	$21 million	United Kingdom,
23	Vancouver Aquarium Marine Science Centre	501(c)(3)	$31 million	Canada,
24	Canadian Cancer Society	501(c)(3)	$133 million	Canada,
25	International Rice Research Institute (IRRI)	501(c)(3)	$65 million	Philippines,

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Cause IQ organization profile

Arab Fund for Economic and Social Development

Form 990s for Arab Fund for Economic and Social Development

Financials for Arab Fund for Economic and Social Development

Peer urban development organizations

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