Entities that can benefit from the Foundation’s grants

The Foundation mainly provides grants to charitable organizations licensed by the Ministry of Human Resources and Social Development. It also provides grants to government agencies in special cases. Grants have four basic controls without which grants cannot be provided to any entity, which are:

1. The entity must be charitable or non-profit.
2. The presence of an official permit from the competent authority.
3. The existence of a bank account in the entity’s explicit name, with the exception of government agencies and subsidiary entities that are affiliated with main entities that have a bank account.
4. The existence of financial statements such that the entity’s accounts are subject to review by a certified public accountant’s office, with the exception of new entities and government entities.