Types of paths through which the institution grants
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- Direct grant path:
- Definition of the path and its goal:
- A fast track to ready-made grants that serve the needs of charitable beneficiaries, so that they can choose the program that is compatible with their specialization, indicating the numbers of beneficiaries of the project and the required amount.
- The path specializes in small and medium-budget charities, to serve the basic needs they provide to beneficiaries.
- The goal of the path: Accelerating grants to charitable organizations so that they reach their beneficiaries on time and in a precise manner. According to the areas and programs specified by the institution annually.
- Track features:
- Ready to serve the basic programs of charitable organizations according to their specialization.
- Speeds up grant processes between the application and approval stages.
- It achieves the principle of spread and targets small and medium charitable organizations.
- Competitive scholarship track:
- Path definition:
- A grant path for specific priority issues from the institution according to the banks; Charitable organizations compete for it by presenting their projects to serve these causes.
- Path goal:
- The organization’s contribution to solving societal issues
- Directing grants by developing pre-defined social issues
- Achieving the goals of charitable organizations by raising societal issues and directing them to search for solutions to them
- Track features:
- Commitment to prioritizing community needs
- This path takes into account diversity in grants to contribute to resolving issues
- This path encourages competition and creativity.
- This path includes all types of projects according to the identified priorities
- Participatory grant path:
- Definition of the path and its goal:
- These are financial grants that are made through partnerships that the Foundation holds with government agencies, institutions, and profit and non-profit entities.
- Path objectives:
- Through this path, the Foundation aims to achieve the following:
- Investing the resources of the organization and partners in an optimal way that will have the most comprehensive and beneficial impact.
- Contributing to empowering non-profit sector organizations and facilitating the achievement of their goals
- Contributing to achieving the vision, mission and goals of the institution
- Increasing the efficiency and effectiveness of partnerships in achieving the organization's strategic goals.
- Establish a frame of reference for selecting and managing partners to be more quality and sustainable.
- Initiative Grant Track:
- Definition of the path and its goal:
- A grant track dedicated to development solutions and projects initiated and managed directly by the Foundation on issues or priorities that serve the community or the non-profit sector.
- It aims to:
- Providing community solutions in the form of initiatives adopted by the organization itself or in partnership with other parties.
- Contributing to maximizing the impact of grants.
- Contributing to empowering the non-profit sector.
- Stimulating coordination and integration to serve the community and the non-profit sector.
- Stimulating qualitative innovation to provide sustainable development solutions.
- Track features:
- This track is concerned with the initiatives adopted by the Foundation
- This path contributes to the involvement of stakeholders in creating and developing ideas and solutions and contributing to their implementation
- Knowledge scholarship track:
- Definition of the path and its goal:
- It is a path for transferring the accumulated experiences gained by the organization and its employees in all fields, especially in charitable work, by employing the assets and knowledge assets therein with the aim of creating added value for charitable organizations.
- The path specializes in all charitable organizations by providing direct and rapid knowledge grants and large, qualitative knowledge grants.
- Path goals:
- Contributing to empowering knowledge in the charitable sector
- Transferring the organization's accumulated knowledge to everyone who seeks this knowledge
- Maximizing the impact of the organization’s giving and its diversity
- What the track does not include:
- Knowledge grants provided to private, endowment, and governmental institutions for the purposes of providing grants, and to individual donors because there is a path specialized for them, “the donor service path.”
Track features:- The path adds value to charitable work in general and to charitable organizations in particular.
- The path achieves targeted coordination and integration into the organization's strategic directions.
- The path helps charitable organizations gain experience, rationalize expenses, and master business.
- Donor service path:
- Definition of the path and its goal:
- Executive services provided by the Foundation through its departments and branches to benefit donor agencies and individuals who wish to maximize the impact of grants through a set of advisory and executive services provided by the Foundation.
- Path objectives:
- Through this path, the Foundation aims to achieve the following:
- Contributing to achieving the goals of the National Transformation Program 2020 and the Kingdom’s Vision 2030
- Achieving integration and cooperation between donors and their institutions
- Contributing to improving grants, tools and procedures
- Promoting volunteer work and empowering human resources
Track features:- Activating the transfer of expertise and experience between donors, and localizing knowledge
- Maximizing the impact of grants provided by the Foundation to civil society organizations and associations.
- Strengthening the role of the third sector in community development
- Contributing to overcoming economic conditions and resolving societal issues.
- Study and highlight successful practices in the field of grants