Strategic Plan of the Authority’s Initiatives
The Stage of Establishment and Operation
- Developing existing laws and regulations pertaining to the Endowment sector
- Preparing the laws, regulations and policies that enable the Authority and the endowment sector to perform their roles
- Developing disclosure and governance programs and mechanisms
- Developing and raising awareness of compliance policies and standards
- Establishing disbursement control policies
- Inventory and registering endowments inside and outside the Kingdom
- Building internal policies, procedures and infrastructure
- Attracting and building capacities
- Building the corporate identity and mental image
- Implementing a performance management system in the authority
- Building and operating the Strategic Planning Department
- Building and implementing internal governance standards
- Building standards and mechanisms for disclosure to the Authority
- Establishing the investment arm of the Authority (Awqaf Company)
- Establishing endowment services centers
The Stage of Governance and Development
- Building and implementing the Internal Control System
- Building a strategy for the paid services provided by the Authority to its clients
- Establishing an investment strategy
- Establishing and implementing a marketing strategy
- Establishing and operating the Studies and Research Center
- Enhancing the competency and eligibility of Trustees
- Facilitating and automating endowment procedures
- Establishing an Information Center
- Determining, classifying and implementing the Donor Conditions
The Stage of Excellence and Sustainability
- Endowment Excellence Award
- Creating and developing attractive endowment products and publicize them
- Creating motivational packages for Donors
- Developing the seasonal endowments
- Developing the NGOs endowments
- Building development partnerships
- Developing a system of "Smart Work System" for endowment management
- Creating an attractive work environment
- Privatizing some of the services provided by the Authority