irs program accomplishments · form 990 part iii · fy2024
What they reported doing
- #1 primary $2.36MARAB OPEN UNIVERSITY. IN STRATEGIC PARTNERSHIP WITH THE BRITISH OPEN UNIVERSITY, CREATION AND SUPPORT FOR THE ARAB OPEN UNIVERSITY, A NON-PROFIT INSTITUTION OF HIGHER EDUCATION, TO PROVIDE SOPHISTICATED HIGHER EDUCATION TO THE LARGEST POSSIBLE NUMBER OF ARAB STUDENTS WHILE CONTRIBUTING TO THE DEVELOPMENT OF PRACTICAL SOLUTIONS TO ISSUES OF CONCERN TO THE ARAB COMMUNITIES. SUCH ISSUES INVOLVE UNEMPLOYMENT, INCREASING DEMAND FOR HIGHER EDUCATION, HELPING THE POOR TO GET THEIR RIGHTS, AND INCREASING THE ROLE OF ARAB WOMEN IN DEVELOPMENT MOBILITY.
- #2 $6.38MOTHER INITIATIVES. LEAD INITIATIVES FOCUSED ON EARLY CHILDHOOD DEVELOPMENT, WOMEN'S EMPOWERMENT, YOUTH EMPOWERMENT, AND THE PROMOTION OF A CIVIL SOCIETY.
named programs · 2 · from sources
What they call their work
Arab Open University
Non-profit higher education institution established in strategic partnership with the British Open University to serve Arab students and address regional challenges including unemployment and access to education.
Other Initiatives
Programs focused on early childhood development, women's empowerment, youth empowerment, and strengthening civil society in Arab communities.
activities · 2 groups
What they do
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Women's Rights and Empowerment Grants 1 activity
- Funding initiatives in early childhood development, women's empowerment, youth empowerment, and civil society promotionProvides financial support for programs focused on early childhood development, women's empowerment, youth empowerment, and the promotion of civil society.
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University-Specific Endowment and Program Funding 1 activity
- Funding the Arab Open University in partnership with the British Open UniversitySupports the creation and operation of the Arab Open University through funding, in partnership with the British Open University, to expand access to higher education for Arab students.
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financials · form 990 · fy2024
revenue
Total revenue$124.32M
Contributions & grants$00%
Program service revenue$00%
Investment income$123.69M99%
Other revenue$638K
expenses
Total expenses$20.49M
Program expenses46%
Admin / overhead54%
Fundraising0%
Salaries & benefits$4.65M
Grants paid out$9.45M
Largest expense lineCompensation
balance sheet
Total assets$964.71M
Cash$61.56M
Investments$686.24M
Liabilities$20.26M
Net assets$944.45M
Liquid reserves438.0 mo
5 years on record · 2018–2024 · YoY revenue +398.4%
leadership · form 990 part vii · fy2024
Who runs it
paid leadership · 13
| Name | Title | Hours/wk | Compensation |
|---|---|---|---|
| NASSER BAKER AL KAHTANI | EXEC. DIRECTOR/BOARD MEMBER | 40 | $646K |
| MUNIRAH AL OTAIBI | FINANCE & ADMIN DEPT. DIRECTOR | 40 | $215K |
| ZEINA AHMED SAFA | ASSET MGMT UNITE DIRECTOR | 40 | $198K |
| MUHAMMED AL SALIM | PROJECT DIRECTOR | 40 | $196K |
| DAREEN MAHROUS | IT DIRECTOR | 40 | $183K |
| SALAH HASSAN ABDULLAH | INTERNAL AUDIT DIRECTOR | 40 | $148K |
| MOHAMMED AHMED AL-MAHROQI | BOARD MEMBER | 1 | $26K |
| MOHSEN SALEH AL BAHLI | BOARD MEMBER | 1 | $26K |
| NAWAF HASHIM AL SADEH | BOARD MEMBER | 1 | $26K |
| ABDULMUHSEN SAAD A ALKHALAF | BOARD MEMBER | 1 | $20K |
| GHAZI A A E A ALMUTAWA | BOARD MEMBER | 1 | $20K |
| KHALIFA ABDULLA A M ALQUBAISI | BOARD MEMBER (THRU 05/24) | 1 | $9K |
| SALAMAH AL QUBAISI | BOARD MEMBER (AS OF 05/24) | 1 | $9K |
board members · 3
- ABULAZIZ ALRASHEED — BOARD MEMBER
- PRINCE ABDULAZIZ BIN TALAL AI — PRESIDENT/BOARD MEMBER
- THAMER HOSSAIN ALFAILAKAWI — BOARD MEMBER
relationships · 1
Who they work with
- British Open University Partner — Strategic partner in the creation and support of the Arab Open University
strategies · 1
How they approach the work
Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.
- Institutional Partnership for Education Accessmethodology: institutional-partnership-for-education-accessBy partnering with established international institutions to support a regional open university, we expand access to higher education and address regional development challenges because shared expertise and resources enhance educational quality and reach.