Overview
What is Arab Gulf Programme For Development?
The Arab Gulf Programme for Development is a nonprofit organization dedicated to alleviating poverty and supporting marginalized communities in Arab countries. It primarily achieves this through its collaboration with microfinance banks. Women, youth, and rural communities are prioritized in its efforts to make a difference. Furthermore, it has established the Arab Open University in partnership with the British Open University to expand access to advanced education for a substantial number of Arabs.
Official website here: www.agfund.org
Is Arab Gulf Programme For Development legitimate?
Arab Gulf Programme For Development is a legitimate nonprofit organization registered as a 501(c)(4) entity. Arab Gulf Programme For Development submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $993,048
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,278,199
For more financial information, click here
Official website here: www.agfund.org
What is the mission statement of Arab Gulf Programme For Development?
The Arab Gulf Programme for Development works to alleviate poverty and aid marginalized communities in Arab countries, with a focus on women, youth, and rural areas. This organization supports microfinance banks to extend financial assistance and opportunities. In addition, it established and backs the Arab Open University in collaboration with the British Open University, providing advanced education to a significant Arab population.
Official website here: www.agfund.org
What is the revenue of Arab Gulf Programme For Development?
Arab Gulf Programme For Development's revenue in 2023 was $24,942,163.
Official website here: www.agfund.org
Who are the executives of Arab Gulf Programme For Development and what are their salaries?
There 1 volunteer at Arab Gulf Programme For Development.
Here are 14 key members and their salaries:
- Compensation: $545,300
- Related: $0
- Other: $84,000
- Compensation: $197,648
- Related: $0
- Other: $23,100
- Compensation: $165,508
- Related: $0
- Other: $23,164
- Compensation: $164,316
- Related: $0
- Other: $23,164
- Compensation: $154,434
- Related: $0
- Other: $23,100
- Compensation: $113,320
- Related: $0
- Other: $23,100
- Compensation: $111,384
- Related: $0
- Other: $23,100
- Compensation: $29,000
- Related: $0
- Other: $0
- Compensation: $29,000
- Related: $0
- Other: $0
- Compensation: $27,000
- Related: $0
- Other: $0
- Compensation: $20,000
- Related: $0
- Other: $0
- Compensation: $20,000
- Related: $0
- Other: $0
- Compensation: $18,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.agfund.org
Where can I find the form 990 for Arab Gulf Programme For Development?
Arab Gulf Programme For Development's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.agfund.org
Learn more at the official website: www.agfund.org
Mission Statement of Arab Gulf Programme For Development
The Arab Gulf Programme for Development, a leading nonprofit organization, is committed to supporting the economic development of Arab countries by aiding microfinance banks. This initiative aims to alleviate poverty and assist marginalized communities, especially women, youth, and rural populations. By empowering these segments, the organization contributes to creating sustainable livelihoods and fostering self-reliance. In addition, Arab Gulf Programme for Development has established and continues to support the Arab Open University, in collaboration with the British Open University. This partnership enables a vast number of Arabs to access advanced higher education opportunities, enhancing their skills and knowledge to contribute towards their communities' progress.
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Impact
October, 2024
The Arab Gulf Programme for Development significantly impacts poverty alleviation and empowerment of marginalized communities in Arab countries. By supporting microfinance banks, it provides vital financial services that enable women, youth, and rural populations to start businesses, generate income, and improve their standard of living. This is particularly crucial in regions where access to traditional banking services is limited.
Additionally, the establishment of the Arab Open University in partnership with the British Open University enables a broader segment of the population to pursue higher education. This initiative not only enhances educational opportunities but also contributes to the development of a knowledgeable workforce capable of addressing various social and economic challenges.
Overall, the programme's efforts in microfinance and education play a critical role in fostering sustainable development, promoting gender equality, and enhancing the overall quality of life for disadvantaged groups in the Arab world.
This information is meant to be a general summary of Arab Gulf Programme For Development. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $11,959,354
- Program Service Revenue: $4,000,000
- Gross Receipts: $257,636,031
Assets and Liabilities:
- Total Assets: $779,649,865
- Total Liabilities: $14,959,003
- Net Assets: $764,690,862
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBER COUNTRY COMMITMENTS
Revenue
$4,000,000
Organization Details
Founding Year
1981
Principal Officer
Nasser Al Kahtani
Website
www.agfund.orgNTEE Category
Code: Q30 - International
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