The General Secretariat for University Endowments - King Khalid University

The university endowments were launched through well-considered steps, which included forming a higher founding committee, hosting a distinguished group of endowment stakeholders, receiving the first donations, establishing the General Secretariat, drafting the strategic plan, and forming the Board of Trustees and the University Endowment Investment Committee. This marked the cornerstone of an ambitious endowment project serving education and society. Our journey began on Wednesday, 2 Sha'ban 1439 AH, corresponding to April 18, 2018, during a ceremony sponsored by His Royal Highness Prince Faisal bin Khalid bin Abdulaziz, then Governor of the Asir Region and Honorary President of the University Endowments, and attended by His Royal Highness Prince Turki bin Talal bin Abdulaziz Al Saud, the current Honorary President.

• Our Vision : 

  To be among the top ten endowment institutions in the Kingdom by 2030.

• Our Mission : 

  To develop educational endowments that support scientific research, the knowledge economy, and sustainable development, while enhancing competitiveness, partnership, and social responsibility.

• Our Strategic Objectives :
  o Attracting diverse segments of supporters 
  o Developing sustainable, high-quality investment.
  o Achieving excellence in the financial and administrative performance of the endowment. 
  o Developing effective partnerships with various sectors of society. 
  o Leading endowment initiatives in achieving social responsibility.
  o Supporting innovative, high-quality scientific research to achieve the knowledge economy.

The General Secretariat of King Khalid University Endowments is responsible for the following:

• Management and Development of Endowment Assets: 

  Operating endowment projects and investing in diverse sectors and initiatives such as education, healthcare, real estate, and technology, in order to achieve sustainable returns.

• Attracting Supporters and Resource Development:

  Building strategic relationships with all supporters, including businessmen and businesswomen, regulatory bodies, and donor organizations, and developing innovative tools to attract and sustain financial and institutional support.

King Khalid University Endowments are considered one of the leading initiatives aimed at enhancing financial sustainability and supporting the advancement of education and scientific research in the Kingdom of Saudi Arabia. These endowments were launched with an ambitious vision to rank among the top ten endowment institutions in the Kingdom by 2030, through the development of innovative endowment projects that serve the knowledge economy and contribute to sustainable development.

The university’s endowment pathways span multiple fields such as education, healthcare, and tourism, reflecting the university’s commitment to the objectives of the endowment and its approved areas of expenditure as stipulated in the endowment deed issued by the General Court in Abha, as well as the bylaws approved by the Board of Trustees and the conditions set by the donors.
 

Endowments, in their legitimate Islamic concept, represent an ever-flowing source that never runs dry, emanating from the depth of our religious commitment to the responsibility of giving. They constitute a fundamental pillar in strengthening the academic and educational journey, particularly as the Vision of our beloved Kingdom 2030 emphasizes the encouragement of endowments and the qualification of those working within them.

They are a renewable resource that embodies the meanings of sustainability in supporting development and serving society in the fullest sense, especially when they are directed toward the most beneficial and most needed development projects.

Endowments are a civilizational vessel that preserves generosity and extends its impact across generations, remaining a solid foundation in shaping the future. Based on this role, the General Secretariat of the University Endowments works to develop the endowment ecosystem, expand its investment fields, and ensure its efficient, transparent, and automated management, thereby contributing to the support of educational, research, and community programs and projects. This also reinforces the university’s mission and strategy in alignment with the strategy of the General Authority for Awqaf, so that we may create hope and leave a lasting impact in the endowment sector.

We ask Almighty Allah to bless these efforts, fulfill aspirations, and grant reward to all supporters and those working in these endowments.

To contact the Secretary-General:

Dr. Abdullah bin Mansour Al-Othaide
Email : aothaid@kku.edu.sa
Extension : 9989

Contact Directory for the Secretary’s Office:

Name : Yahya Al-Shadidi
Position : Director of the Secretary-General’s Office
Email : yalshadidi@kku.edu.sa 
Extension : 9888

__________________________________

Name : Jaber Ahmed Abdali
Position : Secretary to the Secretary-General 
Email : jaalabdale@kku.edu.sa
Extension : 7039
 

Based on the directives of His Royal Highness Prince Turki bin Talal bin Abdulaziz, Governor of the Asir Region, Chairman of the Asir Development Authority, and Honorary President of King Khalid University Endowments, as well as the directives of His Excellency the President of the University and Chairman of the Board of Trustees, and the directives of the Secretary-General of the University Endowments.

Work within this endowment is carried out with a distinguished team to achieve the endowment’s objectives and its operational and strategic plans, in alignment with the university’s plan, the Asir plan, and the Kingdom’s Vision 2030. This is so that King Khalid University Endowments, by the will of Allah, may become a leading university endowment among the top ten endowment institutions in the Kingdom.

At King Khalid University Endowments, we take great pride in a number of achievements, including:

•  The acceptance of the honorary presidency by His Royal Highness Prince Turki bin Talal bin Abdulaziz, through whose support—by the grace of Allah—King Khalid University Endowments have advanced to be among the leading endowments in the Kingdom.

• The establishment of a Board of Trustees chaired by His Excellency the President of the University and comprising major supporters and experts in the field of endowments, officially registered with the General Authority for Awqaf.

• The existence of an endowment investment fund, which is the largest university endowment fund in the Kingdom, with a value approaching seventy million riyals, and which is expected to be further supported by tens of millions from several donor entities and legal persons, by the will of Allah.

• The availability of an updated endowment deed issued by the General Court in Abha. 

• The existence of a company serving as the investment arm of the university endowments, namely Qimam Abha Limited Company.

• The availability of a valid registration certificate with the General Authority for Awqaf. 

• The existence of bank accounts in the name of King Khalid University Endowments.

• The existence of a set of partnerships, agreements, and cooperation with governmental and private entities, through which we seek to enhance various competencies and facilitate many procedures, studies, and investments.

In conclusion, we ask Allah Almighty to grant the best reward to everyone who has contributed to strengthening this endowment and participated, even in a small way, in advancing this scholarly endowment. And Allah knows best, and may peace and blessings be upon our Prophet Muhammad.

For contact:

Mr. Ali Mohammed Salem Jofan

Email : amjofan@kku.edu.sa

Extension : 9821

_________________________________

Secretary to the Director of the Secretariat

Mr. Ibrahim Mohammed Al-Maamash Al-Asiri

Email : easiri@kku.edu.sa

Extension :  9366
 

Chaired by His Excellency the Minister of Education, with His Excellency the President of the University serving as Vice Chair, and with the membership of all members of the University Council and those experts the Council may seek assistance from, the University Endowment Council assumes responsibility for approving the strategy and endorsing the rules, policies, regulations, and systems governing the workflow, as well as the organizational structure and the annual budget. The Council is also responsible for establishing subsidiary companies and entities affiliated with the endowment or participating therein, approving the establishment of branches within the Kingdom, and appointing the members of the Board of Trustees and the external auditor. Furthermore, the Council approves the final accounts and the annual report, and grants discharge to the Chair and members of the Board of Trustees.

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Chaired by His Excellency the President of the University, Professor Faleh bin Rajaa Allah Al-Sulami, and comprising a group of prominent donors and experts in the field of endowments, with Dr. Abdullah bin Mansour Al-Othaide serving as Secretary-General of the Council, the Board of Trustees is responsible for supervising and managing the General Secretariat and the university endowments, monitoring the work of trustees and appointing those required in accordance with regulations. Its functions also include proposing the strategy, general policies, internal regulations, and the annual budget; nominating the external auditor and financial controller; and proposing financial and accounting policies and procedures. The Council further undertakes the discussion of the final accounts and the annual report and submits them for approval, supervises and follows up on endowment investments, proposes the establishment of subsidiary companies and entities or participation therein, appoints a Secretary-General for the Board of Trustees and defines his authorities and rights, in addition to forming permanent committees affiliated with it, such as the Audit Committee.

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Geographical Location: 

• Al-Faraa University Campus – Men’s Section – University Endowments Building – Second Floor 
• Qariqar Academic Complex – Women’s Section – Administrative Building – Third Floor

Contact Us: 

Phone Number:

0172419888

Email: 

awqaf@kku.edu.sa