Crown Prince Mohammed bin Salman, Saudi Arabia’s Prime Minister and Chairman of the Royal Commission for Riyadh City, officially launched the Riyadh Non-Profit Foundation on Thursday, forming its Board of Directors. Established by royal decree as an independent entity with special status, the foundation operates under the Royal Commission for Riyadh City.
The foundation's Board of Directors is led by the Crown Prince, with Ibrahim bin Mohammed Al-Sultan, CEO of the Royal Commission, appointed as Vice Chairman and Secretary General, as reported by the Saudi Press Agency (SPA).
The Riyadh Non-Profit Foundation is designed to support and advance institutional and social work in various forms. It aims to foster research, studies, and social initiatives while encouraging community participation in the development of non-profit sector programs that align with its objectives. Additionally, the foundation seeks to promote a strong culture of social responsibility and reinforce the values of community engagement, marking a significant step forward in social development and innovation within the non-profit sector.
The foundation’s key focus is on fostering social development by empowering all segments of society, strengthening social cohesion, and preserving Riyadh’s cultural identity. It will collaborate with government agencies and non-profit organizations to create job opportunities in the social sector.
In the long term, the foundation aims to become a regional and global leader in the design, financing, and implementation of innovative social programs. Its areas of focus will include healthcare, education, arts, culture, and sustainability, all contributing to enhancing the quality of life and advancing social development in Saudi Arabia.
By building an integrated ecosystem, establishing research centers and incubators for social projects, and increasing community participation, the foundation aims to optimize the management and performance of its affiliated entities. This will ensure the fulfillment of its mission while aligning with the developmental priorities outlined in Saudi Arabia's Vision 2030.
