In a move reflecting the deep social cohesion and spirit of giving inherent in Saudi society, the "Generosity is from Us and Within Us" campaign gained significant momentum with the "Endowment Night," which complemented the ongoing charitable endeavors launched with generous and unsurprising support from the wise leadership – may God protect them – through a donation of 150 million riyals. This night marked a significant milestone in the path of institutional charitable work through the "Jood Housing" platform, affiliated with the "Sakan" National Housing Development Foundation.
Two million in support to enhance housing stability
The "Endowment Night" witnessed widespread participation from the General Authority for Endowments and a select group of leading endowment and charitable institutions in the Kingdom, as their efforts combined to provide housing units for the most needy families. These efforts culminated in the announcement of financial donations approaching 10 million riyals, reflecting the significant trust the platform enjoys.
Significant contributions led the way, with the Saleh Al Rajhi Endowments providing support worth 3.9 million riyals, followed by the Mutaib bin Abdulaziz bin Abdulrahman Al Saud Charitable Foundation with 3 million riyals, and the Munira bint Abdulrahman Al Subhan Charitable Foundation with 2.9 million riyals. These contributions are part of national efforts aimed at strengthening social solidarity and expanding the impact of development initiatives that enable eligible families to obtain suitable housing, thus contributing to the family and psychological stability of the beneficiaries.
A quantum leap: The first digital endowment certificate
In a first for the endowments sector, the launch of the "Digital Endowment Certificate," approved by the General Authority for Endowments for the benefit of the "Jood Endowment Fund," was announced during the event. This step represents a significant technological leap in the field of charitable work, as it allows for the immediate issuance of the certificate upon contribution to the fund.
This digital innovation aligns with the Kingdom's digital transformation across all sectors, including the non-profit sector, enhancing the credibility of endowments, streamlining contribution procedures, and ensuring the sustainability of their impact. This step underscores the campaign organizers' commitment to leveraging modern technology to serve humanitarian work and provide a seamless and reliable user experience for donors.
Endowments and the Kingdom's Vision 2030
This event cannot be viewed in isolation from the broader context of the Kingdom's Vision 2030, which has given special attention to the non-profit sector, aiming to increase its contribution to the GDP. The General Authority for Endowments' participation aligns with its strategic role in regulating, preserving, and developing the endowment sector.
Promoting the concept of "residential endowments" represents a return to the historical role of endowments in Islamic civilization, where they were a fundamental pillar of community development. Today, this role is being redefined with modern mechanisms and high governance that ensure resources are directed to their rightful beneficiaries with high efficiency, thus supporting sustainable philanthropy models and providing long-term institutional solutions to the affordable housing problem.
Integrating efforts to sustain the impact
During the events, the General Authority for Endowments emphasized the importance of encouraging all segments of society to support endowment initiatives, stressing that the integration of endowment efforts with developmental housing initiatives expands opportunities for constructive participation. For its part, the "Sakan" Foundation explained that partnerships with endowment entities represent a fundamental pillar in organizing housing donations and directing contributions towards sustainable housing solutions. This supports the continuity of development initiatives and enhances their efficiency through the "Jood Housing" platform, which has become a model of transparency and reliability.
