Rules Regulating Charitable Funds

Release Date:	1446-01-15
Release Tool:	Councils and commissions decisions
Issuance Instrument Number:	q/2024/11/3
Validity:	Valid
Summary:	By AI The Board of Directors of the National Center for Non-Profit Sector approved the regulations governing non-profit funds under Decision No. 1446A/01/5AH. The regulations aim to organize, operate, and govern non-profit funds, and apply to funds established within the Kingdom. Non-profit funds are defined as institutions that provide services to their members, and the articles of association must include their objectives. Establishing a fund requires submitting an application to the Center along wi...

Release Date:

1446-01-15

Release Tool:

Councils and commissions decisions

Issuance Instrument Number:

q/2024/11/3

Validity:

Valid

Summary:

By AI

The Board of Directors of the National Center for Non-Profit Sector approved the regulations governing non-profit funds under Decision No. 1446A/01/5AH. The regulations aim to organize, operate, and govern non-profit funds, and apply to funds established within the Kingdom. Non-profit funds are defined as institutions that provide services to their members, and the articles of association must include their objectives. Establishing a fund requires submitting an application to the Center along wi...