Objectives

KSU Endowments aims to strengthen university financial ability and support to programs and activities that contribute to leading KSU to be a world-class university including research and education development, and supporting the interaction of the university with the community.  In particular, we aim to achieve the following goals: Supporting KSU financial resources to fund quality programs to improve university status on all aspects, Financing research and technology programs that serves humanity and supports economies of knowledge-based society and the development of our country, Attracting and providing incentives to distinguished faculty members and researchers and supporting them to excel in their careers, Improving the utilization of all KSU resources: human, facilities and infrastructure, Supporting university hospitals in the endeavors of treatment from chronic diseases, Financing KSU international research labs, Supporting charity programs and social support projects.  

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The 5th Coordination Meeting of Saudi Universities Endowments
The 5th Coordination Meeting of Saudi Universities Endowments

On the 24 of April 2018, KSU represented by the Secretary General of Endowments, Dr. Khalid S.


The General Secretariat of the University Endowments Held the Second Meeting of 2018
The General Secretariat of the University Endowments Held the Second Meeting of 2018

KSU Rector and the Head of General Secretariat of University Endowments, Prof.


KSU Endowments envisions a combination of human solidarity and strategic partnership to establish and nurture knowledge-based society.

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KSU Endowment aspires to establish a consistent sustainable income that primarily supports the university mission in research and education, and provides help to patients at university hospitals and other charitable causes within the university campus.

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KSU Endowments aims to strengthen university financial ability and support to programs and activities that contribute to leading KSU to be a world-class university including research and education development, and supporting the interaction of the university with the community.

more

Introduction

Throughout history, endowments played central role in supporting educational process. This is especially true in the case of Islamic civilization where huge endowments were dedicated to supporting educational causes. Elite historical Muslim universities throughout the bright centuries of Islamic civilization flourished and sustained their momentum and influence due to educational endowments to buildings and facilities, students, books, and other educational services and causes.  Such fundamental role for endowment has also prevailed in western universities where endowments are utilized to support education and research activities. In fact, endowments grew to become one of the main sources to finance elite western universities like Harvard, Oxford, Cambridge, Yale and many others.    

However, In the modern Middle East, it is clear notice that endowments contribution to education is very poor. This is in spite of the fact that we can still find some endowments that are as old as the dawn of Islam. This calls for an immediate genuine effort to establish model endowments dedicated for education causes.

As the leading university in the region, and in response to aspiration of Saudi Arabia leadership to bridge this gap, King Saud University has embarked on an ambitious endowment project under the title "University Endowment Program", with strong support and guidance from HRH Prince Salman bin Abdulaziz, the Governor of Riyadh, who honored the project by assuming the role of Chairman of the Supreme Committee for University Endowments.  The goals we aspire for include founding a successful role model for educational endowment that contributes to university mission of establishing strong educational and cultural environment and leading higher education in the country to new frontiers of excellence and distinction.    

This massive project is launched today to enhance the financial ability of KSU and enable the realization of its vision to lead in research and community service with stable financing of its programs and initiatives.  The endowments program will support research activities and initiatives to improve the educational and research process, and will extend support to university hospitals and health care services and medical research.  The support of the Ministry of Higher Education (MOHE), KSU leadership, and noble donors from the business community and KSU alumni will be the basis for this program. 

King Saud University vision rests on constructive partnership to establish knowledge-based society, and draws its strength from the strong support of our leadership, our alumni and friends, and the noble businessmen of this land; in addition to the zeal and relentless endeavors of university management.  All these factors will contribute to realization of our ambitions to create, disseminate and utilize knowledge for the prosperity of our society.