Qatar Charity: Company Research Report

Company Overview

• Name: Qatar Charity

• Mission: The mission of Qatar Charity is to implement humanitarian and development programs, mobilize support and resources, and build effective partnerships to provide a decent life for all.

• Founding: The organization was originally founded in 1984 as "The Committee of Qatar for Orphan Sponsorship" by a group of Qatari philanthropists.

• Key People:

• Mr. Yousef Al-Kuwari, CEO

• Mr. Nawaf Al-Hammadi, Assistant CEO for International Operations

• Headquarters: Doha, Qatar

• Number of Employees: No information is available

• Revenue: No specific annual revenue information is available. However, it was noted that in 2019 the organization handled almost $400 million.

• Known For: Qatar Charity is known for being one of the largest humanitarian and development organizations globally, providing life-saving assistance to those affected by conflicts, persecution, natural disasters, and creating durable solutions to poverty through sustainable development programs.

Products and Services

• Main Product/Service: Humanitarian and development programs across various sectors

• Product Description:

• Social Welfare: Supporting vulnerable individuals and families

• Water, Sanitation, and Hygiene (WASH): Bringing safe water and sanitation facilities

• Health: Strengthening healthcare systems and increasing access to healthcare

• Education: Facilitating access to quality education and safe learning environments

• Economic Empowerment: Promoting food security and economic self-reliance

• Social Housing: Supporting housing initiatives

• Key Features: Comprehensive development and humanitarian response tailored to the needs of communities.

Recent Developments

• New Partnerships: Qatar Charity recently signed a strategic agreement with Islamic Relief Worldwide to enhance cooperation in humanitarian assistance and efforts toward sustainable development and peacebuilding.

• New Initiatives:

• The launch of the "Ma’een" initiative to strengthen local organizations' capacity and enable them to attract sustained international funding.

• Inauguration of the 'Love and Peace Village' in Ghana, comprising schools, a clinic, a mosque, wells, and economic empowerment projects.

• Special Projects:

• Supporting the wheat value chain in northwestern Syria to enhance food security.

• Creation of three new seed multiplication stations and rehabilitation of grain silos for food security.

• Expansion Plans: Qatar Charity is seeking ongoing funding for the further development of its projects in Syria, focusing on addressing climate change and enhancing rural women's roles.

Impact and Reach

• Countries: Qatar Charity operates in 70 countries through 30 field offices and partners.

• Beneficiaries: In 2020 alone, Qatar Charity reached 14 million beneficiaries, including children, women, people with disabilities, elderly, and vulnerable communities.

• Total Spending: In 2020, Qatar Charity spent $400 million on humanitarian and development projects.

Strategic Position and Transparency

• Regulatory Compliance: Qatar Charity operates under the supervision of the Regulatory Authority for Charitable Activities in the State of Qatar and undergoes an annual external audit by KPMG.

• Policies: The Board of Directors enforces ethical and legal guidance through policies concerning conflict of interest, internal and external audit, risk management, and compliance against money laundering and terrorism financing.

• Accountability: Qatar Charity emphasizes transparency and accountability to both donors and beneficiaries, employing advanced tools for mitigating risks and allowing digital tracking of donations.

This report provides an extensive overview of Qatar Charity, highlighting its foundational mission, development initiatives, recent partnerships, operational strategies, impact scope, regulatory adherence, and transparency efforts.