ws logo Saturday, 23 November 2024

Family of King Khalid bin Abdulaziz Al Saud, King Khalid Foundation

Saudi Arabia

Champion's Profile

The House of Saud's net worth is estimated to be $1.4 trillion. HRH Princess Banderi bint Abdulrahman AlFaisal is the CEO of the Foundation. Princess Al-Bandari was a co-founder of the Shaghaf programme, and a member of the Women’s Charity Association, Ifta Society for Hyperactivity Disorder and the Al-Nahda Philanthropic Society for Women.

UNDP SDG

Social and economic development. Training, Research, Policy Development, Human and Organizational, Capacity Building

Description and impact

Since the establishment in 2001, King Khalid Foundation (KKF) is the leading philanthropic institution aimed at improving social and economic development in the Kingdom of Saudi Arabia. KKF uses its resources and expertise to make a positive impact in people's lives and works in partnership with other organizations to provide innovative solutions to critical social and economic challenges in the Kingdom. Whether it funds social and economic development projects; works on the human and organizational capacity building within the nonprofit sector; provides grants to nonprofit organizations; or awards citizens, non-profit organizations and corporations for their social responsibility and contributions, KKF provides people with the support and recognition necessary to strengthen the country’s social and economic position, the Foundation has accomplished a number of development and research projects through funding social and economic development projects including training, capacity building, research, and policy development programs; and by awarding the most outstanding citizens and corporations for their contribution to the social and economic development of the Kingdom of Saudi Arabia.