Dh300m grant for Emirates Foundation

ABU DHABI — The government of Abu Dhabi has earmarked Dh300 million to support the philanthropic activities of the Emirates Foundation.

By (Wam)

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Published: Wed 26 Sep 2007, 8:42 AM

Last updated: Sun 5 Apr 2015, 5:13 AM

The government’s grant is equal to the total amount received by the foundation from corporate donors. In another gesture of support, the government of Abu Dhabi, at the directives of General Shaikh Mohammed bin Zayed Al Nahyan, Abu Dhabi Crown Prince and Deputy Supreme Commander of the UAE Armed Forces, has decided to pay for the foundation’s expenses to enable it to finance its programmes. Shaikh Mohammed attended on Monday a recognition event staged by the foundation to thank its donors who have contributed more than Dh300 million to its activities over the first two years.

Shaikh Mohammed thanked them for contributing to the foundation’s endowment fund, as well as for specific projects, before handing a plaque to each donor.

In his speech, Shaikh Mohammed discussed the foundation’s progress since its launch in April 2005.

“I want to say a few words from the heart,” Shaikh Mohammed told the representatives of scores of leading local and international organisations, as well as individual donors.

“The participation of the UAE’s business and industrial sectors in the work of the Emirates

Foundation is crucial to its success.”

He said, “This financial support is essential and we recognise your generosity in funding the work of the foundation. We also appreciate the generosity of spirit in which your donations have been - and are being - made, a spirit which underpins the continuing warm relationship between you and the foundation’s management team.”

Shaikh Mohammed then emphasised “the foundation’s moral and intellectual contribution to the personal development, self-motivation and enlightenment that we are encouraging in our young nationals.”

Shaikh Mansour bin Zayed Al Nahyan, Minister of Presidential Affairs and Chairman of the Emirates Foundation, stated that the Emirates Foundation was an ambitious initiative intended to achieve cooperation between private and public institutions — especially

in the foundation’s six core areas — and to raise social awareness to community challenges.

The managing director of the Emirates Foundation, Ahmed Ali Al Sayegh, reviewed the success of recent projects within the foundation’s core areas of operation education, science technology, arts culture, social development, environment and public awareness.

Al Sayegh thanked all the donors, as well as the beneficiaries who had made best use of the funding offered plus the national media for their informed coverage and support.



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