When was the Emirates Foundation founded?
The creation of the Foundation was announced in April 2005 and made official on 31 May 2005 with the signing of Emiri Decree No. 8 of 2005.
Who created the Emirates Foundation?
The Emirates Foundation is the vision of H.H. Sheikh Mohammed Bin Zayed Al Nahyan, Abu Dhabi Crown Prince and Deputy Supreme Commander of UAE Armed Forces and is a tribute to the philanthropic legacy of the late Sheikh Zayed Bin Sultan Al Nahyan.
What is the Emirates Foundation’s new direction?
Following an extensive assessment and building on our track record of good results in this area, the Foundation was recently remodeled to address Youth Development in the UAE, which we consider one of the most pressing development challenges of the time.
The Foundation will now focus its efforts to assist young people, associated institutions and community organizations to contribute to the nation’s long-term progress and sustainability.
What are the Foundation’s core areas of interest?
Our programmes and projects will relate to three key themes: Leadership and Empowerment, Social Inclusion and Community Engagement and will be delivered through the model of venture philanthropy.
What is the Emirates Foundations' new business model?
Emirates Foundation is remodeling itself in line with international trends in philanthropy in order to deliver more impact and better outcomes for UAE society.
Venture philanthropy focuses on social investment that commands a social return, taking a ‘business’ or ‘enterprise’ based approach to philanthropy with a view to increasing measurable impact. It allows foundations to play a tangible and important role in the socio-economic progress of a nation.
The UAE has a great legacy of social and cultural values and the Emirates Foundation strives to uphold these to promote a highly motivated, informed and goal-orientated nation. Through philanthropy-led initiatives in various key areas, the Foundation aspires to raise the profile of UAE young people and their institutions, as well as the reputation of its corporate citizens. Its mission is consistent with the ideals of the nation’s founding father, the late Sheikh Zayed Bin Sultan Al Nahyan.
How could you become a partner?
Emirates Foundation invites organisations and individuals to join us as we begin an exciting new phase of using venture philanthropy to deliver even greater impact and better outcomes for UAE society.
We are developing a new kind of relationship where our partners are highly engaged, playing an essential and hands-on role which ultimately contributes to increasing the socio-economic developmental results in the country.
This new approach to philanthropy promotes taking a ‘business’ or ‘enterprise’ based approach to giving in order to increase impact.
As well as contributing by funding the foundation programs and initiatives, partners are also invited to offer non-financial support, providing value-added services and access to networks to enable us to further our aims in collaborative partnerships. Please contact us to discuss how you can become involved in making a brighter future for tomorrow.
Does the Emirates Foundation focus on certain geographic areas of the UAE?
The Foundation is committed to impact the youth’s lives positively and permanently in all seven Emirates.
Where does the Foundation get its money?
The Emirates Foundation was initially funded with generous donations from the private sector. The Foundation also receives contributions from businesses and government agencies that support its projects and has an endowment that generates revenues to cover a portion of annual expenditures.
We continue to be supported by donations from the private sector, the government and private individuals interested in venture philanthropy and social investment.
What are the Foundation new areas of focus?
The new model will focus on three main areas:
Sustainability: Ensuring that the initiatives funded initially by the Foundation mature into self-sustaining entities that can survive long after the Foundation exits.
Collaboration: Building long-term partnership with the private sector, related authorities, institutions and stakeholders.
Impact: Ensuring long-term sustainable developmental outcomes that are tangible and measurable.