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ARAB FUND FOR ECONOMIC AND SOCIAL DEVELOPMENT: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
ARAB FUND FOR ECONOMIC AND SOCIAL DEVELOPMENT (EIN 98-0211642)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-11-13
IRS object ID
202403189349312020
Schema version
2023v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-11-13T22:25:07-06:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PwC US Tax LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12001 MARKET ST SUITE 1800AddressLine1Txt
CityPHILADELPHIACityNm
State AbbreviationPAStateAbbreviationCd
ZIP19103ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN980211642EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ARAB FUND FOR ECONOMIC AND SOCIAL DEVELOPMENTBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% MOHAMMED JALLADInCareOfNm
Business Name ControlARABBusinessNameControlTxt
Phone6524959157PhoneNum

Foreign Address ForeignAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 21923 SAFAT 13080AddressLine1Txt
Province Or StateKUWAIT CITYProvinceOrStateNm
CountryKUCountryCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonIMAD YOUSEF ABUHUWAILPersonNm
Person TitleDIR FIN AFFAIRS DEPTPersonTitleTxt
Phone3583122778PhoneNum
Signature2024-11-13SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSAPNA P VASUPreparerPersonNm
PTINP00545692PTIN
Phone2673303000PhoneNum
Preparation2024-11-12PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMR BADER MA AL SAADPrincipalOfficerNm

Foreign Address ForeignAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 21923 SAFAT 13080AddressLine1Txt
Province Or StateKUWAIT CITYProvinceOrStateNm
CountryKUCountryCd
FieldValueIRS element (for citing)
Gross Receipts$292,223,671GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website Addresswww.arabfund.orgWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1968FormationYr
Legal Domicile CountryKULegalDomicileCountryCd
Activity Or MissionTO CONTRIBUTE TO THE FINANCING OF ECONOMIC & SOCIAL DEVELOPMENT IN THE ARAB STATES. THE ORGANIZATION PROVIDES TECHNICAL ASSISTANCE GRANTS & SUPPORTS A FELLOWSHIP PRGRM.ActivityOrMissionDesc
Voting Members Governing Body8VotingMembersGoverningBodyCnt
Voting Members Independent8VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI-$194,281TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$196,763,135PYProgramServiceRevenueAmt
CY Program Service Revenue$261,760,678CYProgramServiceRevenueAmt
PY Investment Income$68,050,240PYInvestmentIncomeAmt
CY Investment Income$8,790,349CYInvestmentIncomeAmt
PY Other Revenue$6,390,204PYOtherRevenueAmt
CY Other Revenue$10,329,312CYOtherRevenueAmt
PY Total Revenue$271,203,579PYTotalRevenueAmt
CY Total Revenue$280,880,339CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$19,921,632PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$20,789,044CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$7,448,478PYOtherExpensesAmt
CY Other Expenses$8,369,743CYOtherExpensesAmt
PY Total Expenses$27,370,110PYTotalExpensesAmt
CY Total Expenses$29,158,787CYTotalExpensesAmt
PY Revenues Less Expenses$243,833,469PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$251,721,552CYRevenuesLessExpensesAmt
Total Assets BOY$13,113,822,041TotalAssetsBOYAmt
Total Assets EOY$13,515,895,011TotalAssetsEOYAmt
Total Liabilities BOY$230,053,878TotalLiabilitiesBOYAmt
Total Liabilities EOY$275,797,196TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$12,883,768,163NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$13,240,097,815NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO CONTRIBUTE TO THE FINANCING OF ECONOMIC AND SOCIAL DEVELOPMENT IN THE ARAB STATES. THE ORGANIZATION SEEKS TO ASSIST MEMBER COUNTRIES IN ELIMINATING DEVELOPMENT CONSTRAINTS, INCREASING THE ABSORPTIVE CAPACITY AND ACHIEVING HIGHER RATES OF GROWTH, AND TO FOSTER ECONOMIC INTEGRATION AND COOPERATION AMONG MEMBER COUNTRIES.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$21,940,069ExpenseAmt
Grant$0GrantAmt
Revenue$272,089,990RevenueAmt
DescTHE ARAB FUND'S PRIMARY ACTIVITY IS EXTENDING LOANS FOR PURPOSES OF FINANCING ECONOMIC AND SOCIAL DEVELOPMENT IN MEMBER STATES. THE CATEGORIES OF INFRASTRUCTURE AND PRODUCTIVE PURPOSES FOR WHICH LOANS ARE EXTENDED ARE AS FOLLOWS: TRANSPORT, TELECOMMUNICATIONS, ENERGY AND ELECTRICITY, WATER AND SEWAGE, INDUSTRY AND MINING, AGRICULTURE AND RURAL DEVELOPMENT.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$3,917,870ExpenseAmt
Grant$0GrantAmt
Revenue$0RevenueAmt
DescTHE ARAB FUND PROVIDES TECHNICAL ASSISTANCE GRANTS TO MEMBER STATES AND INTERNATIONAL ORGANIZATIONS AND ENTERPRISES LOCATED IN MEMBER STATES TO ENHANCE DEVELOPMENT OBJECTIVES OF ARAB STATES AND THEIR INSTITUTIONAL SUPPORT. TECHNICAL ASSISTANCE GRANTS MADE BY THE ARAB FUND ARE PRIMARILY AWARDED FOR: FEASIBILITY STUDIES AND PROJECT PREPARATION, INSTITUTIONAL SUPPORT AND TRAINING, GENERAL STUDIES AND RESEARCH, SEMINARS AND CONFERENCES, EMERGENCY PROGRAMS.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$261,191ExpenseAmt
Grant$0GrantAmt
Revenue$0RevenueAmt
DescTHE ARAB FUND FELLOWSHIPS PROGRAM WAS LAUNCHED IN DECEMBER 1987. THE PURPOSE OF THE PROGRAM IS TO PROVIDE ARAB PH.D. HOLDERS WHO HAVE EXCELLENT ACADEMIC TRACK RECORD WITH OPPORTUNITIES TO CONDUCT RESEARCH AND/OR LECTURE IN THE BEST UNIVERSITIES OF THE WORLD. THE PROGRAM IS ALSO EXPECTED TO BUILD BRIDGES BETWEEN ARAB AND FOREIGN UNIVERSITIES, WHICH WILL LEAD TO MUTUAL BENEFITS.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$26,119,130TotalProgramServiceExpensesAmt
Described In Section501c3falseDescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingYes (true)CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (true)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstYes (true)ReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficeYes (true)ForeignOfficeInd
Foreign ActivitiesYes (true)ForeignActivitiesInd
More Than5000 K To OrgYes (true)MoreThan5000KToOrgInd
More Than5000 K To IndividualsYes (true)MoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntYes (true)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (true)TransactionWithControlEntInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitYes (true)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (true)Form990TFiledInd
Foreign Financial AccountYes (true)ForeignFinancialAccountInd
Foreign CountryEGForeignCountryCd
Foreign CountryBAForeignCountryCd
Foreign CountryKUForeignCountryCd
Foreign CountryUKForeignCountryCd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members8GoverningBodyVotingMembersCnt
Independent Voting Member8IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersYes (true)MembersOrStockholdersInd
Election Of Board MembersYes (true)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (true)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyfalseConflictOfInterestPolicyInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonMOHAMMED JALLADPersonNm
Phone6524959157PhoneNum

Foreign Address ForeignAddress

FieldValueIRS element (for citing)
Address Line1ARAB FUND BUILDING PO BOX 21923AddressLine1Txt
CityKUWAIT CITYCityNm
Province Or StateSAFATProvinceOrStateNm
CountryKUCountryCd
Foreign Postal13080ForeignPostalCd
FieldValueIRS element (for citing)
Info In Schedule O Part VIIYes (X)InfoInScheduleOPartVIIInd

Form990 Part VII Section A Form990PartVIISectionAGrp (25 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeIndIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
BADER M A AL SAAD
CHAIRMAN/DIRECTOR GENERAL40.00.0Yes (X)$498,291$0$75,847
ABDLRAHMAN AL-HUMEMEDI
DIRECTOR OF ADMINISTRATION35.00.0Yes (X)$321,327$0$2,700
HASSAB AL RASOUL OBEIDA DECEASED
LEGAL ADVISOR UNTIL OCT 202335.00.0$231,885$0$13,517Yes (X)
METHQAL MOHAMMAD ALI SARTAWI
CHAIRMAN CONSULTANT35.00.0$216,599$0$2,700Yes (X)
MOHAMMAD A AL-QATAMI
DIRECTOR OF H.Q. BUILDING35.00.0Yes (X)$210,264$0$2,615
SOAD AL-ATIGI
LEGAL ADVISOR/SECRETARY35.00.0$196,022$0$1,350Yes (X)
MOHAMED KOWDAN MOHAMED
HEAD OF LOAN WITHDRAWLS35.00.0Yes (X)$164,460$0$28,312
MOHAMED SABRY FARAHAT
SENIOR ENGINEER CONSULTANT35.00.0$185,497$0$3,196Yes (X)
SAMIR MOHAMAD AL KOTOB
SENIOR ENGINEER CONSULTANT35.00.0$180,033$0$3,167Yes (X)
BASMAH ABDULLAH BOUQAMMAZ
HEAD OF ALTERNATIVE INV. DEPT.35.00.0Yes (X)$120,626$0$57,012
IMED BEN MINAOUER LIMAN
DIRECTOR OF TECHNICAL DEPT.35.00.0Yes (X)$170,242$0$6,224
IMAD YOUSEF ABUHUWAIL
DIRECTOR FINANCE DEPARTMENT35.00.0Yes (X)$162,060$0$11,839
YOUSSEF ABDELAZIZ MOHIELDIN
HEAD PROD.PROJ&SOCIAL DEV35.00.0Yes (X)$164,917$0$4,001
MOHAMMAD A A ALMERSHED
HEAD OF PUBLIC RELATIONS35.00.0Yes (X)$161,591$0$4,024
KHALED MESHARI AHMED HAMADAH
INVESTMENT OFFICER35.00.0Yes (X)$120,392$0$31,015
MAMDOUH AMIN
HEAD OF GENERAL ACCOUNTS SEC.35.00.0Yes (X)$96,537$0$44,016
FAHAD BIN IBRAHIM AL SHETHRI
DIRECTOR1.00.0$42,000$0$0Yes (X)
MUSLIM BIN ALI COTTON
DIRECTOR1.00.0$40,000$0$0Yes (X)
FOUZI LAKJAA
DIRECTOR1.00.0$30,000$0$0Yes (X)
GHADEER HEJAZI
DIRECTOR1.00.0$30,000$0$0Yes (X)
TAREQ MOHAMED YOUSEF BEN KHALIFA
DIRECTOR1.00.0$30,000$0$0Yes (X)
JAMAL KHAZNAJI
DIRECTOR1.00.0$27,000$0$0Yes (X)
MARWAN AL GHANIM
DIRECTOR1.00.0$25,000$0$0Yes (X)
MARYAM AK AMEERI
DIRECTOR1.00.0$20,000$0$0Yes (X)
MAJED ALI OMRAN
DIRECTOR UNTIL APRIL 20231.00.0$19,636$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$3,464,379TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$291,535TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K64IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/ForeignAddress/AddressLine1TxtCityContractorAddress/ForeignAddress/CityNmProvince Or StateContractorAddress/ForeignAddress/ProvinceOrStateNmCountryContractorAddress/ForeignAddress/CountryCdForeign PostalContractorAddress/ForeignAddress/ForeignPostalCdServicesServicesDescCompensationCompensationAmt
MORGAN STANLEY INVESTMENT BANK
25 CABOT SQ CANARY WHARF FL 6LONDON0UKE14 4QAPORTFOLIO MANAGEMENT$2,993,375
GULF INTERNATIONAL BANK - GIB
1 KNIGHTSBRIDGELONDON0UKSW1X 7XSPORTFOLIO MANAGEMENT$1,170,975
TRI INTERNATIONAL CONSULTING GROUP-
PO BOX 21744SAFAT0KU13087CONSULTING SERVICES$894,460
KUWAIT SWEDISH COMPANY - KUWAIT
PO BOX 21225SAFAT0KU13073WAIT STAFF&CLEANING$365,126
DEYAR UNITED TRADING CONTRACTING
PO BOX 3985SAFAT0KU13040IT SYSTEMS UPGRADE$343,880
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K25CntrctRcvdGreaterThan100KCnt
Total Contributions$0TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescINCOME FROM PROGRAM LOANSDesc
Business900099BusinessCd
Total Revenue Column$261,760,678TotalRevenueColumnAmt
Related Or Exempt Func Income$261,760,678RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$261,760,678TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$20,133,681TotalRevenueColumnAmt
Unrelated Business Revenue-$194,281UnrelatedBusinessRevenueAmt
Exclusion$20,327,962ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Exclusion$0ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Exclusion$0ExclusionAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$0RealAmt
Personal$0PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$11,343,332SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities-$11,343,332SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$11,343,332TotalRevenueColumnAmt
Exclusion-$11,343,332ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$0FundraisingGrossIncomeAmt
Fundraising Direct Expenses$0FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Gaming Gross Income$0GamingGrossIncomeAmt
Gaming Direct Expenses$0GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$0GrossSalesOfInventoryAmt
Cost Of Goods Sold$0CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescARAB TRADING FINANCE PROGRAMDesc
Business900099BusinessCd
Total Revenue Column$10,329,312TotalRevenueColumnAmt
Related Or Exempt Func Income$10,329,312RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$10,329,312OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$280,880,339TotalRevenueColumnAmt
Related Or Exempt Func Income$272,089,990RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue-$194,281UnrelatedBusinessRevenueAmt
Exclusion$8,984,630ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$2,696,914TotalAmt
Program Services$2,696,914ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$17,149,576TotalAmt
Program Services$15,091,627ProgramServicesAmt
Management And General$2,057,949ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$942,554TotalAmt
Program Services$829,447ProgramServicesAmt
Management And General$113,107ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$81,513TotalAmt
Program Services$73,362ProgramServicesAmt
Management And General$8,151ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$4,290,838TotalAmt
Program Services$3,861,754ProgramServicesAmt
Management And General$429,084ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$652,103TotalAmt
Program Services$586,893ProgramServicesAmt
Management And General$65,210ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$234,757TotalAmt
Program Services$211,281ProgramServicesAmt
Management And General$23,476ManagementAndGeneralAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total-$48,908TotalAmt
Program Services-$44,017ProgramServicesAmt
Management And General-$4,891ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$2,171,503TotalAmt
Program Services$1,954,353ProgramServicesAmt
Management And General$217,150ManagementAndGeneralAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$267,362TotalAmt
Program Services$240,626ProgramServicesAmt
Management And General$26,736ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$35,866TotalAmt
Program Services$32,279ProgramServicesAmt
Management And General$3,587ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
OFFSITE STORAGE$35,866$32,279$3,587
WRITE-OFF FIXED ASSETS$632,540$537,659$94,881
OTHER EXPENSES$16,303$14,673$1,630

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$29,158,787TotalAmt
Program Services$26,119,130ProgramServicesAmt
Management And General$3,039,657ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$117,433,469BOYAmt
EOY$215,197,262EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$1,471,213,061BOYAmt
EOY$1,574,010,433EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$261,746,939BOYAmt
EOY$264,365,829EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$11,055,134,694BOYAmt
EOY$11,287,763,287EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$208,293,878BOYAmt
EOY$174,558,200EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$13,113,822,041BOYAmt
EOY$13,515,895,011EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$230,053,878BOYAmt
EOY$275,797,196EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$230,053,878BOYAmt
EOY$275,797,196EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

FieldValueIRS element (for citing)
BOY$9,478,344,490BOYAmt
EOY$9,464,502,771EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$3,405,423,673BOYAmt
EOY$3,775,595,044EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$12,883,768,163BOYAmt
EOY$13,240,097,815EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$13,113,822,041BOYAmt
EOY$13,515,895,011EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$251,721,552ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$174,665,797NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets-$70,057,697OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Art Public Exhibition AmountsArtPublicExhibitionAmountsGrp
Held Works ArtHeldWorksArtGrp
Agent Trustee EtcYes (true)AgentTrusteeEtcInd
Beginning Balance$1,072,540,290BeginningBalanceAmt
Additions During Year$106,289,530AdditionsDuringYearAmt
Distributions During Year$3,941,223DistributionsDuringYearAmt
Ending Balance$1,174,888,597EndingBalanceAmt
Incl Escrow Custodial Acct LiabfalseInclEscrowCustodialAcctLiabInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$53,977,686BeginningYearBalanceAmt
Contributions$11,213,598ContributionsAmt
Investment Earnings Or Losses-$79,197InvestmentEarningsOrLossesAmt
Grants Or Scholarships$35,734,003GrantsOrScholarshipsAmt
End Year Balance$29,378,084EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$56,791,675BeginningYearBalanceAmt
Contributions$0ContributionsAmt
Investment Earnings Or Losses-$704,680InvestmentEarningsOrLossesAmt
Grants Or Scholarships$2,109,309GrantsOrScholarshipsAmt
End Year Balance$53,977,686EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$36,993,942BeginningYearBalanceAmt
Contributions$18,805,066ContributionsAmt
Investment Earnings Or Losses$91,746InvestmentEarningsOrLossesAmt
Grants Or Scholarships-$900,921GrantsOrScholarshipsAmt
End Year Balance$56,791,675EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$27,344,544BeginningYearBalanceAmt
Contributions$18,662,470ContributionsAmt
Investment Earnings Or Losses-$18,037InvestmentEarningsOrLossesAmt
Grants Or Scholarships$8,995,035GrantsOrScholarshipsAmt
End Year Balance$36,993,942EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$9,215,474BeginningYearBalanceAmt
Contributions$26,507,317ContributionsAmt
Investment Earnings Or Losses$7,683InvestmentEarningsOrLossesAmt
Grants Or Scholarships$8,385,930GrantsOrScholarshipsAmt
End Year Balance$27,344,544EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY1.00000BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.00000PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.00000TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd
LandLandGrp
BuildingsBuildingsGrp
Leasehold ImprovementsLeaseholdImprovementsGrp
EquipmentEquipmentGrp
Other Land BuildingsOtherLandBuildingsGrp

Invst Program Related Org InvstProgramRelatedOrgGrp (2 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
ARAB TRADE FINANCE PROGRAM$275,138,572C
LOANS RECEIVABLE - PROGRAM$11,012,624,715C
FieldValueIRS element (for citing)
Total Book Value Program Rltd$11,287,763,287TotalBookValueProgramRltdAmt
Federal Income Tax Liability$0FederalIncomeTaxLiabilityAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (8 entries)

DescDescAmtAmt
APPROVED TECHNICAL ASSISTANCE$116,015,650
PROVISION FOR EMPLOYEE PENSION$45,934,138
ACCRUED EXPENSES$5,268,993
PROVISION FOR BLDG MAINTENANCE$3,501,793
AMOUNTS DUE TO PALESTINE$92,024,780
PROVISION FOR STAFF'S CHILDREN$1,199,870
BORROWING COUNTRIES$3,224,649
OTHER INSTITUTIONS$8,627,323
FieldValueIRS element (for citing)
Total Liability$275,797,196TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$475,229,866TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$174,665,797NetUnrealizedGainsInvstAmt
Other Revenue$23,974,568OtherRevenueAmt
Revenue Not Reported$198,640,365RevenueNotReportedAmt
Revenue Subtotal$276,589,501RevenueSubtotalAmt
Investment Expenses Not Incld$4,290,838InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$4,290,838RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$280,880,339TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$24,867,949TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal$24,867,949ExpensesSubtotalAmt
Investment Expenses Not Incld2$4,290,838InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$4,290,838ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$29,158,787TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE D, PART IV, LINE 1BTRUST FUND ARRANGEMENT ASSETS MANAGED FOR THIRD PARTIES OR HELD IN TRUST OR IN A FIDUCIARY CAPACITY ARE NOT TREATED AS ASSETS OF THE FUND AND ACCORDINGLY ARE NOT INCLUDED IN THE FINANCIAL STATEMENTS. ASSETS MANAGED FOR THIRD PARTIES ARE COMMINGLED WITH THE ASSETS OF THE FUND AND ARE ALLOCATED RETURNS BASED ON THOSE EARNED BY THE FUND ON ITS INVESTMENTS.
SCHEDULE D, PART V, LINE 4THE ARAB FUND FOR ECONOMIC AND SOCIAL DEVELOPMENT MAKES TECHNICAL ASSISTANCE GRANTS TO VARIOUS MEMBER STATES AND ORGANIZATIONS THROUGHOUT THE YEAR. A GENERAL RESERVE IS BUILT UP OVER TIME FOR SUCH PURPOSE AND IS REPRESENTED ON THE BALANCE SHEET AS EQUITY. ONCE THE GRANTS ARE APPROVED, A PROVISION FOR TECHNICAL ASSISTANCE IS BOOKED (AS A LIABILITY) AND DISTRIBUTIONS ARE MADE. THE AMOUNTS DISBURSED AS GRANTS ARE NOT INCLUDED AS AN EXPENSE ON THE STATEMENT OF INCOME AND EXPENSE BUT ARE REPORTED AS PROPOSED DISTRIBUTIONS OF NET INCOME BASED ON THE PROVISION. THE ACTUAL DISBURSEMENTS PAID ARE REFLECTED IN THE CASH FLOW STATEMENT AND THE PROVISION IS ADJUSTED ACCORDINGLY. FOR THIS REASON GRANTS PAID ARE NOT REFLECTED IN PART IX OF FORM 990. HOWEVER, THE GRANTS DISBURSED FOR THE YEAR ARE REFLECTED IN SCHEDULE F, PART II.
SCHEDULE D, PART XI, LINE 2D - OTHER RECONCILING ITEMSCURRENCY DIFFERENCE OF $27,088,360 AND TRUST FUND SHARE OF INCOME OF ($3,113,792) TOTALS TO $23,974,568.

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (16 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
Middle East and North Africa1227Program ServicesEXTENDING LOANS$21,940,069
Middle East and North Africa00Program ServicesGRANTMAKING$3,917,870
Middle East and North Africa00Program ServicesFELLOWSHIPS PROGRAMS$261,191
Middle East and North Africa00Investments$542,704,000
Europe (Including Iceland and Greenland)06Investments$689,860,000
Central America and the Caribbean00Investments$164,909,000
Sub-Saharan Africa00Investments$26,226,000
East Asia and the Pacific00Investments$114,035,000
North America00Investments$27,468,000
South America00Investments$8,506,000
South Asia00Investments$779,000
Middle East and North Africa00GrantmakingEXTENDING LOANS$652,148,536
Sub-Saharan Africa00GrantmakingEXTENDING LOANS$94,425,680
Middle East and North Africa00GrantmakingGRANTS PAID$38,472,333
Europe (Including Iceland and Greenland)00GrantmakingGRANTS PAID$101,030
Sub-Saharan Africa00GrantmakingGRANTS PAID$711,088
FieldValueIRS element (for citing)
Subtotal Offices1SubtotalOfficesCnt
Subtotal Employees233SubtotalEmployeesCnt
Total Office1TotalOfficeCnt
Total Employee233TotalEmployeeCnt
Subtotal Spent$2,386,464,797SubtotalSpentAmt
Total Spent$2,386,464,797TotalSpentAmt

Grants To Org Outside US GrantsToOrgOutsideUSGrp (112 entries)

RegionRegionTxtPurpose Of GrantPurposeOfGrantTxtCash GrantCashGrantAmtManner Of Cash DisbursementMannerOfCashDisbursementTxtDescription Of Non Cash AsstDescriptionOfNonCashAsstTxtValuation Method UsedValuationMethodUsedDesc
Middle East and North AfricaREHABILITATION PROGRAM$244,539WIRETRANSFERN/AN/A
Middle East and North AfricaFUNDING 5 SCHOLAR$42,445WIRETRANSFERN/AN/A
Sub-Saharan AfricaTRANSPORT STUDEN$141,444WIRETRANSFERN/AN/A
Middle East and North AfricaCENTER FOR GERIAT$5,446WIRETRANSFERN/AN/A
Middle East and North AfricaDEMINING ACTION P$89,442WIRETRANSFERN/AN/A
Middle East and North AfricaMINISTRY OF HIGHER$17,876WIRETRANSFERN/AN/A
Middle East and North AfricaIntegrated Arab Electr$21,116WIRETRANSFERN/AN/A
Middle East and North AfricaTraining and statistic$33,953WIRETRANSFERN/AN/A
Middle East and North Africadevelopment of waste$81,513WIRETRANSFERN/AN/A
Middle East and North Africasupport the energy pl$50,035WIRETRANSFERN/AN/A
Middle East and North AfricaImproving Agricultur$391,262WIRETRANSFERN/AN/A
Sub-Saharan AfricaARAB LEAGUE EDUC$248,241WIRETRANSFERN/AN/A
Middle East and North AfricaDEVELOPING AGRIC$276,408WIRETRANSFERN/AN/A
EuropeFINANCING THE ARA$81,513WIRETRANSFERN/AN/A
Middle East and North AfricaARAB CONFERENCE$133,578WIRETRANSFERN/AN/A
Middle East and North AfricaContributing the cost$326,052WIRETRANSFERN/AN/A
Middle East and North AfricaSUPPORT THE ACTIV$48,908WIRETRANSFERN/AN/A
Middle East and North AfricaSUPPORTING ARAB I$118,555WIRETRANSFERN/AN/A
Middle East and North AfricaFINANCING THE ARA$97,697WIRETRANSFERN/AN/A
Middle East and North AfricaSupporting the Arab I$16,702WIRETRANSFERN/AN/A
Middle East and North Africadevelop the Arab de$81,513WIRETRANSFERN/AN/A
Middle East and North AfricaSUPPORTING ACTIVI$194,001WIRETRANSFERN/AN/A
Middle East and North AfricaAcquisition of Equipm$15,759WIRETRANSFERN/AN/A
Middle East and North AfricaEmergency Programs$135,567WIRETRANSFERN/AN/A
Middle East and North AfricaPurchase Simulation$25,778WIRETRANSFERN/AN/A
Middle East and North AfricaEstablishing medical$558,828WIRETRANSFERN/AN/A
Middle East and North AfricaCOMPRIHENSIVE PLA$115,007WIRETRANSFERN/AN/A
Middle East and North AfricaWater project leader t$34,366WIRETRANSFERN/AN/A
Middle East and North AfricaHelping insolvent pati$91,246WIRETRANSFERN/AN/A
Middle East and North AfricaPREPARING STATIST$37,822WIRETRANSFERN/AN/A
Middle East and North AfricaReconstruction of Na$179,353WIRETRANSFERN/AN/A
Middle East and North Africa$599,626WIRETRANSFERN/AN/A
Middle East and North AfricaACQUISITION OF CA$770,329WIRETRANSFERN/AN/A
Middle East and North AfricaProviding Medical and$30,073WIRETRANSFERN/AN/A
Middle East and North AfricaEQUIPMENTS FOR A$57,932WIRETRANSFERN/AN/A
Middle East and North AfricaACTIVITIES OF AMAN$70,314WIRETRANSFERN/AN/A
Sub-Saharan AfricaSUPPORT TO COMBA$251,909WIRETRANSFERN/AN/A
Sub-Saharan AfricaEDUCATION FOR NE$69,493WIRETRANSFERN/AN/A
EuropeSUPPORTING THE CH$7,423WIRETRANSFERN/AN/A
Middle East and North Africaloan system at the Mi$169,503WIRETRANSFERN/AN/A
Middle East and North AfricaPALESTINE ECONOM$193,349WIRETRANSFERN/AN/A
Middle East and North AfricaProject for the highw$18,631WIRETRANSFERN/AN/A
Europeeconomy in the water$12,093WIRETRANSFERN/AN/A
Middle East and North AfricaALRAHMA FOUNDAT$830,589WIRETRANSFERN/AN/A
Middle East and North AfricaONCOLOGY CENTER$307,703WIRETRANSFERN/AN/A
Middle East and North AfricaHADHRAMAUT CANC$139,075WIRETRANSFERN/AN/A
Middle East and North AfricaDEVELOPMENT AGRI$142,259WIRETRANSFERN/AN/A
Middle East and North AfricaNEW SYSTEM CONTR$8,687,819WIRETRANSFERN/AN/A
Middle East and North AfricaWATER TRANSPORT$1,436,854WIRETRANSFERN/AN/A
Middle East and North AfricaPOWER STATION$1,938,321WIRETRANSFERN/AN/A
Middle East and North AfricaCONSTRUCTION OF$11,722,504WIRETRANSFERN/AN/A
Middle East and North AfricaConstruction of Bahr$15,075,595WIRETRANSFERN/AN/A
Middle East and North AfricaELECTRIC TRANSMI$2,614,490WIRETRANSFERN/AN/A
Middle East and North Africa-Alexandria Waterway$2,676,348WIRETRANSFERN/AN/A
Middle East and North AfricaElectrical Signals$5,037,049WIRETRANSFERN/AN/A
Middle East and North AfricaElectricity Transmissi$9,573,293WIRETRANSFERN/AN/A
Middle East and North AfricaSTORAGE SERVICES$715,862WIRETRANSFERN/AN/A
Middle East and North AfricaSanitation Networks i$7,421,399WIRETRANSFERN/AN/A
Middle East and North AfricaELECTRICITY GENER$6,292,227WIRETRANSFERN/AN/A
Middle East and North AfricaWater Supply for Villa$2,072,918WIRETRANSFERN/AN/A
Middle East and North AfricaELECTR. GENERATI$450,968WIRETRANSFERN/AN/A
Middle East and North AfricaEMERGENCY PROGR$4,890,773WIRETRANSFERN/AN/A
Middle East and North AfricaSUPPORT FINANCING$24,127,812WIRETRANSFERN/AN/A
Middle East and North AfricaAdministrative Rehab$191,712WIRETRANSFERN/AN/A
Middle East and North AfricaCOMPLETION OF SA$1,856,358WIRETRANSFERN/AN/A
Middle East and North AfricaDevelop of Water and$3,240,003WIRETRANSFERN/AN/A
Middle East and North AfricaRehabilitation of Infra$2,286,286WIRETRANSFERN/AN/A
Middle East and North AfricaSyr El-Dania Jbab El-$175,351WIRETRANSFERN/AN/A
Middle East and North AfricaTRANSPORT. OF AL-$9,916,726WIRETRANSFERN/AN/A
Middle East and North AfricaWastewater Infrastruc$178,213WIRETRANSFERN/AN/A
Sub-Saharan AfricaFRONTIER ROAD PR$1,304,001WIRETRANSFERN/AN/A
Sub-Saharan AfricaELECTRICAL INTERC$14,930,613WIRETRANSFERN/AN/A
Sub-Saharan AfricaElectricity Distributio$6,101,927WIRETRANSFERN/AN/A
Sub-Saharan AfricaFarm Wind in Boulan$2,146,534WIRETRANSFERN/AN/A
Sub-Saharan AfricaINSURE AND STREGT$1,306,120WIRETRANSFERN/AN/A
Sub-Saharan AfricaWATER SUPPLY$23,616,025WIRETRANSFERN/AN/A
Sub-Saharan AfricaOASIS DEVELOPMEN$7,653,300WIRETRANSFERN/AN/A
Sub-Saharan AfricaELECTRICITY INTERC$4,145,468WIRETRANSFERN/AN/A
Sub-Saharan AfricaRehabilitation of the P$12,084,643WIRETRANSFERN/AN/A
Sub-Saharan AfricaSOLAR POWER STAT$119,892WIRETRANSFERN/AN/A
Sub-Saharan AfricaTIDJIKJA-KIFFA-SELI$14,305,523WIRETRANSFERN/AN/A
Sub-Saharan AfricaWATER DISTRIBUTIO$33,388WIRETRANSFERN/AN/A
Sub-Saharan AfricaWATER SUPPLY FOR$1,343,652WIRETRANSFERN/AN/A
Sub-Saharan AfricaWATER SUPPLY OF$5,334,594WIRETRANSFERN/AN/A
Middle East and North AfricaEMERGENCY PROGR$34,502,142WIRETRANSFERN/AN/A
Middle East and North AfricaHIGHTENING OF MOH$6,696,237WIRETRANSFERN/AN/A
Middle East and North AfricaIRRIGATION OF ACHT$7,794,379WIRETRANSFERN/AN/A
Middle East and North AfricaTANGIER-CASABLAN$8,392,517WIRETRANSFERN/AN/A
Middle East and North AfricaWATER SUPPLY FOR$7,303,375WIRETRANSFERN/AN/A
Middle East and North AfricaWEST ANNATHOUR P$27,627,868WIRETRANSFERN/AN/A
Middle East and North AfricaEMERGENCY PROGR$45,156,518WIRETRANSFERN/AN/A
Middle East and North AfricaFISHERY HARBOUR I$14,888,679WIRETRANSFERN/AN/A
Middle East and North AfricaIMPROVEMENT AND$49,945,768WIRETRANSFERN/AN/A
Middle East and North AfricaIMPROVEMENT OF P$10,038,679WIRETRANSFERN/AN/A
Middle East and North AfricaREHABILITATION OF$21,426,625WIRETRANSFERN/AN/A
Middle East and North AfricaREINFORCEMENT OF$120,552,370WIRETRANSFERN/AN/A
Middle East and North AfricaREINFORCEMENT OF$26,944,884WIRETRANSFERN/AN/A
Middle East and North AfricaTRANSPORTATION L$9,830,968WIRETRANSFERN/AN/A
Middle East and North AfricaTWO CONVEYORS FO$38,536,629WIRETRANSFERN/AN/A
Middle East and North AfricaREHABILITATION OF$4,038,259WIRETRANSFERN/AN/A
Middle East and North AfricaAssaida and Kulla Ku$18,455,530WIRETRANSFERN/AN/A
Middle East and North AfricaCONSTRUCTION OF$9,790,329WIRETRANSFERN/AN/A
Middle East and North AfricaEMERGENCY PROGR$10,485,455WIRETRANSFERN/AN/A
Middle East and North AfricaINTEGRATED DEV. P$6,521,030WIRETRANSFERN/AN/A
Middle East and North AfricaOUED-ZARGA- Bou S$4,023,984WIRETRANSFERN/AN/A
Middle East and North AfricaREGIONAL&RURAL R$2,766,798WIRETRANSFERN/AN/A
Middle East and North AfricaREHABILITATION OF$6,823,472WIRETRANSFERN/AN/A
Middle East and North AfricaSUPPORT TO THE EL$16,447,828WIRETRANSFERN/AN/A
Middle East and North AfricaTUNIS-JELMA HIGHW$5,547,216WIRETRANSFERN/AN/A
Middle East and North AfricaUPPER MELLEGUE D$15,032,116WIRETRANSFERN/AN/A
Middle East and North AfricaURG PRGRM SU$31,566,476WIRETRANSFERN/AN/A
Middle East and North AfricaTH AFRICA EQUIPMENTS FOR AL JAB$57,932WIRETRANSFERN/AN/A
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt
Total Other Org111TotalOtherOrgCnt

Foreign Individuals Grants ForeignIndividualsGrantsGrp

FieldValueIRS element (for citing)
Type Of AssistanceACADEMIC SCHOLARSHIPSTypeOfAssistanceTxt
RegionMiddle East and North AfricaRegionTxt
Recipient11RecipientCnt
Cash Grant$107,116CashGrantAmt
Manner Of Cash DisbursementWIRETRANSFERMannerOfCashDisbursementTxt
Description Of Non Cash AsstN/ADescriptionOfNonCashAsstTxt
Valuation Method UsedN/AValuationMethodUsedDesc
FieldValueIRS element (for citing)
Transfer To Foreign CorpfalseTransferToForeignCorpInd
Interest In Foreign TrustfalseInterestInForeignTrustInd
Foreign Corp OwnershipYes (true)ForeignCorpOwnershipInd
Passive Foreign Investmest CofalsePassiveForeignInvestmestCoInd
Foreign PartnershipYes (true)ForeignPartnershipInd
Boycott CountriesYes (true)BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE F, PART I, LINE 2PROCEDURES FOR MONITORING GRANTS OUTSIDE THE UNITED STATES: THE AIM OF GRANTS IS TO PROVIDE INSTITUTIONAL SUPPORT TO MEMBER STATES TO ENHANCE THE EFFICIENCY OF PROJECT PREPARATION INCLUDING IMPLEMENTATION AND CONDUCTING TECHNICAL AND FEASIBILITY PROJECT STUDIES AND RESEARCH AND OTHER ACTIVITIES RELATED TO ECONOMIC AND SOCIAL DEVELOPMENT. OFTEN, BUT NOT ALWAYS, THIS WILL LEAD TO THE FINANCING OF A PROJECT. GRANTS MUST BE APPROVED BY THE BOARD OF DIRECTORS AND BECOME EFFECTIVE WHEN SIGNED BY THE FUND AND THE BENEFICIARY ORGANIZATION IN THE FORM OF A LETTER OF UNDERSTANDING STATING THE IMPLEMENTATION PROCEDURES OF THE ACTIVITY TO BE FINANCED AND THE DISBURSEMENT SCHEDULE. FUNDS ARE TYPICALLY DISBURSED IN STAGES BY THE FINANCE DEPARTMENT. IF ANY ISSUES ARISE THESE ARE INVESTIGATED BY TECHNICAL STAFF. SECONDLY, THE EXECUTING AGENCY PROVIDES THE ARAB FUND WITH PERIODIC PROGRESS REPORTS THAT ADDRESS BOTH THE TECHNICAL AND FINANCIAL ASPECTS OF THE PROJECT. FIELD VISITS ARE ALSO MADE BY ARAB FUND STAFF TO THE BENEFICIARY WHENEVER THE NEED TO ADDRESS SPECIFIC ISSUES RELATED TO THE IMPLEMENTATION OF A PROJECT ARISES. AT THE COMPLETION OF THE PROJECT, THE EXECUTING AGENCY PROVIDES THE ARAB FUND WITH A FINAL REPORT THAT COVERS ALL ASPECTS OF THE PROJECT. PROCEDURES FOR MONITORING EXTENDING LOANS OUTSIDE THE UNITED STATES: THE PRINCIPAL PURPOSE OF THE ARAB FUND IS TO CONTRIBUTE TO THE FINANCING OF ECONOMIC AND SOCIAL DEVELOPMENT PROJECTS IN THE ARAB COUNTRIES. TO ATTAIN THIS PURPOSE, THE ARAB FUND PROVIDES FINANCING FOR ECONOMIC DEVELOPMENT PROJECTS BY EXTENDING LOANS, ON CONCESSIONARY TERMS, TO GOVERNMENTS AND PUBLIC CORPORATIONS AND ENTERPRISES OF MEMBER STATES, GIVING PREFERENCE TO PROJECTS WHICH ARE VITAL TO THE ARAB WORLD AND JOINT ARAB PROJECTS. THE PROJECT CYCLE IN THE ARAB FUND BEGINS WITH PROJECT FAMILIARIZATION AND RECEIPT OF A FINANCING REQUEST FROM THE GOVERNOR REPRESENTING THE COUNTRY REQUESTING THE LOAN, ALONG WITH A TECHNO-ECONOMIC FEASIBILITY STUDY FOR THE PROPOSED PROJECT. UNDER THE GUIDELINES OF THE ARAB FUND'S LENDING OPERATIONS, THE PROJECT UNDERGOES A DESK-REVIEW AND A FIELD-VISIT EVALUATION BY THE FUND'S TECHNICAL STAFF. IF THE PROJECT PROVES FEASIBLE, A LOAN AGREEMENT IS PREPARED, NEGOTIATIONS TAKE PLACE BETWEEN THE REPRESENTATIVES OF THE ARAB FUND AND THE REPRESENTATIVES OF THE COUNTRY CONCERNED, AND THE AGREEMENT IS INITIALIZED. THE LOAN COMMITTEE, COMPRISING OF REPRESENTATIVES FROM THE ARAB FUND AND AN EXPERT, CHOSEN BY THE GOVERNOR OF THE MEMBER STATE, PRESENTS THE DIRECTOR GENERAL WITH A REPORT ON THE TECHNICAL AND FINANCIAL FEASIBILITY, THE VIABILITY OF PROJECT AND THE PROPOSED FINANCING AND CONDITIONS. THE DIRECTOR GENERAL THEN PRESENTS A REPORT ON THE FINAL AGREEMENT THAT INCLUDES THE EVALUATION REPORT, THE LOAN COMMITTEE REPORT AND THE LOAN AGREEMENT TO THE BOARD OF DIRECTORS. AFTER THE BOARD OF DIRECTORS ACCEPTS THE PROJECT, THE FINAL SIGNING OF THE LOAN AGREEMENT TAKES PLACE BY THE DELEGATED REPRESENTATIVE OF THE BORROWER AND THE DIRECTOR GENERAL/CHAIRMAN OF THE BOARD OF DIRECTORS. THE BORROWER TAKES THE NECESSARY MEASURES TO RATIFY THE LOAN AGREEMENT LEGALLY, AND MEET OTHER REQUIRED CONDITIONS TO MAKE THE LOAN AGREEMENT EFFECTIVE. ONCE THIS IS ACHIEVED THE ARAB FUND INFORMS THE BORROWER THAT THE AGREEMENT IS EFFECTIVE, AND THAT THE LOAN CAN BE DRAWN DOWN, IN ACCORDANCE WITH THE FUND'S GUIDELINES. ARAB FUND'S TECHNICAL STAFF THEN SUPERVISES THE PROJECT IMPLEMENTATION, THROUGH WRITTEN REPORTS AND FIELD VISITS.
SCHEDULE F, PART I, LINE 3COLUMN F - METHOD USED TO ACCOUNT FOR EXPENDITURES THE ACCOUNTING OF ALL EXPENDITURES IS CARRIED OUT ON A FULL ACCRUAL BASIS AND REPORTED IN ACCORDANCE WITH INTERNATIONAL FINANCIAL REPORTING AS CERTIFIED BY THE EXTERNAL AUDITORS.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
First Class Or Charter TravelYes (X)FirstClassOrCharterTravelInd
Travel For CompanionsYes (X)TravelForCompanionsInd
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Personal ServicesYes (X)PersonalServicesInd
Written Policy Ref T And E ExpnssYes (true)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (true)SubstantiationRequiredInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsfalseAnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (16 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
BADER M A AL SAAD
CHAIRMAN/DIRECTOR GENERAL$498,291$0$0$0$0$0$72,961$0$2,886$0$574,138$0$0$0
ABDLRAHMAN AL-HUMEMEDI
DIRECTOR OF ADMINISTRATION$205,960$0$0$0$115,367$0$0$0$2,700$0$324,027$0$0$0
MOHAMMAD A AL-QATAMI
DIRECTOR OF H.Q. BUILDING$162,726$0$0$0$47,538$0$0$0$2,615$0$212,879$0$0$0
IMAD YOUSEF ABUHUWAIL
DIRECTOR FINANCE DEPARTMENT$102,393$0$0$0$59,667$0$0$0$11,839$0$173,899$0$0$0
BASMAH ABDULLAH BOUQAMMAZ
HEAD OF ALTERNATIVE INV. DEPT.$84,786$0$0$0$35,840$0$12,435$0$44,577$0$177,638$0$0$0
MOHAMMAD A A ALMERSHED
HEAD OF PUBLIC RELATIONS$112,136$0$0$0$49,455$0$0$0$4,024$0$165,615$0$0$0
KHALED MESHARI AHMED HAMADAH
INVESTMENT OFFICER$84,552$0$0$0$35,840$0$12,400$0$18,615$0$151,407$0$0$0
MOHAMED KOWDAN MOHAMED
HEAD OF LOAN WITHDRAWLS$116,635$0$0$0$47,825$0$0$0$28,312$0$192,772$0$0$0
YOUSSEF ABDELAZIZ MOHIELDIN
HEAD PROD.PROJ&SOCIAL DEV$113,505$0$0$0$51,412$0$0$0$4,001$0$168,918$0$0$0
IMED BEN MINAOUER LIMAN
DIRECTOR OF TECHNICAL DEPT.$111,533$0$0$0$58,709$0$0$0$6,224$0$176,466$0$0$0
METHQAL MOHAMMAD ALI SARTAWI
CHAIRMAN CONSULTANT$168,595$0$0$0$48,004$0$0$0$2,700$0$219,299$0$0$0
SOAD AL-ATIGI
LEGAL ADVISOR/SECRETARY$149,892$0$0$0$46,130$0$0$0$1,350$0$197,372$0$0$0
MOHAMED SABRY FARAHAT
SENIOR ENGINEER CONSULTANT$139,954$0$0$0$45,543$0$0$0$3,196$0$188,693$0$0$0
HASSAB AL RASOUL OBEIDA DECEASED
LEGAL ADVISOR UNTIL OCT 2023$230,375$0$0$0$1,510$0$0$0$13,517$0$245,402$0$0$0
SAMIR MOHAMAD AL KOTOB
SENIOR ENGINEER CONSULTANT$134,490$0$0$0$45,543$0$0$0$3,167$0$183,200$0$0$0
ZIAD MOHAMMAD SHEHADEH
SENIOR ENGINEER CONSULTANT$110,797$0$0$0$63,499$0$0$0$3,943$0$178,239$0$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE J, PART I, LINE 1AFormAndLineReferenceDesc
ExplanationQUESTIONS REGARDING COMPENSATION FIRST CLASS TRAVEL: SENIOR OFFICERS TRAVEL FIRST CLASS. JUNIOR STAFF TRAVEL STEERAGE WITH UPGRADES TO THE NEXT LEVEL UP IF TRAVELING WITH SENIOR STAFF. TRAVEL FOR COMPANIONS: ALL EXPATRIATE STAFF ARE REIMBURSED THE ANNUAL COST OF ONE RETURN TRIP PER ANNUM TO THEIR NATIVE COUNTRY FOR THEM AND THEIR SPOUSES AND CHILDREN UNDER 21 YEARS OLD. HOUSING ALLOWANCE: FACTORED INTO THE SALARY CALCULATION FOR ALL STAFF IS AN AMOUNT, FIXED ACCORDING TO GRADE, TO CONTRIBUTE TOWARDS THE COST OF HOUSING AND TRANSPORT IN KUWAIT. PERSONAL SERVICES: THE DIRECTOR GENERAL HAS A DRIVER ASSIGNED TO HIM IN KUWAIT. ALL COMPENSATION REPORTED ON THE FORM 990 IS DERIVED FROM NON-US SOURCES. NONE OF THE DIRECTORS, OFFICERS OR HIGHEST PAID EMPLOYEES WORK IN OR TRAVEL TO THE UNITED STATES FOR ARAB FUND PURPOSES.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (11 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, HEADER BOX E AND PART VI, LINE 20THE TELEPHONE NUMBER OF THE ORGANIZATION IS AN INTERNATIONAL NUMBER WITH COUNTRY CODE 965. THE INTERNATIONAL NUMBER WITH THE COUNTRY CODE IS +965-2495-9157.
FORM 990, PART V, LINE 2ANUMBER OF EMPLOYEES REPORTED ON FORM W-3 PER THE AUDITED FINANCIAL STATEMENTS, THE ORGANIZATION PER KUWAIT LAW RECOGNIZES 210 EMPLOYEES AS OF DECEMBER 31, 2023, OF WHICH NONE WERE REPORTED ON U.S. IRS FORM W-3 BY THE ORGANIZATION OR REPORTING AGENTS OF THE ORGANIZATION.
FORM 990, PART VI, LINE 6MEMBERS OF THE GOVERNING BODY THE MEMBERS OF THE ORGANIZATION INCLUDE 22 COUNTRIES THAT ARE MEMBERS OF THE LEAGUE OF ARAB STATES - ALGERIA, BAHRAIN, COMOROS, DJIBOUTI, EGYPT, IRAQ, JORDAN,KUWAIT, LEBANON, LIBYA, MAURITANIA, MOROCCO, OMAN, PALESTINE, QATAR, SAUDI ARABIA, SOMALIA**, SUDAN, SYRIA*, TUNISIA, UNITED ARAB EMIRATES, YEMEN. *MEMBERSHIP SUSPENDED BY REQUEST FROM THE LEAGUE OF ARAB STATES **MEMBERSHIP SUSPENDED PURSUANT TO THE BOARD OF GOVERNERS RESOLUTION IN 1993, EXTENDED ANNUALLY BY SUBSEQUENT RESOLUTIONS.
FORM 990, PART VI, 7AELECTION OF THE GOVERNING BODY THE ORGANIZATION IS GOVERNED AND MANAGED BY A BOARD OF GOVERNORS, THE DIRECTOR GENERAL AND CHAIRMAN OF THE BOARD OF DIRECTORS, AND THE STAFF AND COMMITTEES NECESSARY TO PERFORM THE DUTIES OF THE FUND AS SET OUT IN THE AGREEMENT ESTABLISHING THE ORGANIZATION. THE MEMBER COUNTRIES OF THE ORGANIZATION EACH NOMINATE A GOVERNOR AND AN ALTERNATE GOVERNOR TO THE BOARD OF GOVERNORS OF THE ORGANIZATION. THE BOARD OF GOVERNORS ACTS AS A GENERAL ASSEMBLY OVERSEEING POLICY AND THE ACHIEVEMENT OF THE PURPOSE OF THE ORGANIZATION AND MEETS AT LEAST ANNUALLY. THE BOARD OF GOVERNORS APPOINTS AND DELEGATES CERTAIN POWERS TO THE BOARD OF DIRECTORS. EACH GOVERNOR NOMINATES A DIRECTOR AND HIS ALTERNATE FROM WHICH THE BOARD OF GOVERNORS VOTES THE BOARD OF DIRECTORS. EACH GOVERNOR DELEGATES THE NUMBER OF VOTES HE REPRESENTS ON THE BOARD OF GOVERNORS TO A BOARD DIRECTOR. THE ALTERNATE DIRECTORS ASSIST THE DIRECTORS IN THEIR WORK, ATTEND ALL BOARD MEETINGS AND VOTE IN THE ABSENCE OF THE DIRECTOR THEY REPRESENT. THE BOARD OF DIRECTORS IS CHARGED BY THE BOARD OF GOVERNORS WITH SUPERVISING THE ACTIVITIES OF THE ORGANIZATION. THEY TYPICALLY MEET FOUR TIMES A YEAR. FOR THE PURPOSES OF THIS FORM 990 THE BOARD OF DIRECTORS IS CONSIDERED TO BE THE GOVERNING BODY OF THE ORGANIZATION. THE BOARD OF GOVERNORS APPOINTS A DIRECTOR GENERAL TO THE ORGANIZATION WHO CANNOT BE A GOVERNOR OR A DIRECTOR. THE DIRECTOR GENERAL SHALL PRESIDE OVER MEETINGS OF THE BOARD OF DIRECTORS BUT SHALL HAVE NO VOTE EXCEPT IN THE CASE OF AN EQUAL DIVISION. THE DIRECTOR GENERAL IS THE HEAD OF STAFF OF THE ORGANIZATION AND CARRIES OUT ALL BUSINESS OF THE ORGANIZATION UNDER THE SUPERVISION OF THE BOARD OF DIRECTORS.
FORM 990, PART VI, 7BDECISIONS OF THE GOVERNING BODY THE BOARD OF DIRECTORS AND THE DIRECTOR GENERAL ARE DELEGATED THEIR POWERS BY THE BOARD OF GOVERNORS. ANYTHING OUTSIDE THEIR SCOPE OF AUTHORITY NEEDS TO BE REFERRED TO THE BOARD OF GOVERNORS FOR THEIR APPROVAL.
FORM 990, PART VI, LINE 11BREVIEW PROCESS FOR FORM 990 THE PROCESS OF REVIEWING THE FORM 990 IS SUBMISSION OF QUESTIONS ARISING DURING COMPILATION AND ULTIMATELY THE COMPLETED RETURN FOR REVIEW BY THE INVESTMENT OFFICER, DIRECTOR OF FINANCE AND DIRECTOR GENERAL.
FORM 990, PART VI, LINE 12ACONFLICT OF INTEREST POLICY AS SET OUT IN THE ESTABLISHMENT AGREEMENT THE DIRECTOR GENERAL AND STAFF THEIR DUTY TO THE FUND. IN THE COURSE OF CONDUCT OF BUSINESS THEY MUST NOT ALLOW THEMSELVES TO BE INFLUENCED BY ANY CONSIDERATIONS OTHER THAN THE INTEREST OF THE FUND AND THEY SHALL REMAIN IMPARTIAL IN THE DISCHARGE OF THEIR DUTIES.
FORM 990, PART VI, LINE 15ACOMPENSATION POLICY THE BOARD OF GOVERNORS DETERMINES THE REMUNERATION TO BE PAID TO THE MEMBERS OF THE BOARD OF DIRECTORS AND THEIR ALTERNATES AS WELL AS THE SALARY AND TERMS OF THE CONTRACT OF SERVICE OF THE DIRECTOR GENERAL/CHAIRMAN OF THE BOARD OF DIRECTORS. REMUNERATION FOR ALL EMPLOYEES WAS LAST REVIEWED IN 2012.
FORM 990, PART VI, LINE 15BCOMPENSATION POLICY THE DIRECTOR GENERAL SHALL BE THE HEAD OF STAFF AND SHALL BE RESPONSIBLE FOR CONDUCTING ALL BUSINESS UNDER THE SUPERVISION OF THE BOARD OF DIRECTORS. HE SHALL APPLY TECHNICAL AND ADMINISTRATIVE REGULATIONS AND HAVE THE RIGHT TO APPOINT AND DISMISS EXPERTS AND STAFF IN ACCORDANCE WITH THE REGULATIONS.
FORM 990, PART VI, LINE 19DOCUMENTS AVAILABLE FOR PUBLIC INSPECTION INFORMATION ON THE FUND IS AVAILABLE ON THE WEB AT WWW.ARABFUND.ORG.FORMS ARE AVAILABLE FOR PUBLIC INSPECTION AND UPON REQUEST - SEE PART VI LINE 20 FOR DETAILS.
FORM 990, PART XI, LINE 9OTHER CHANGES IN NET ASSETS BOY NET ASSET CURRENCY TRANSLATION DIFFERENCE OF ($18,903,475), ALLOCATED RESERVES OF ($75,128,790), CURRENCY DIFFERENCE OF $27,088,360, AND TRUST FUND SHARE OF INCOME OF ($3,113,792) TOTALS TO LINE 9 OF ($70,057,697).

Schedule R IRS990ScheduleR

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1AFESD OFFSHORE LIMITEDBusinessNameLine1Txt

Foreign Address ForeignAddress

FieldValueIRS element (for citing)
Address Line1CRICKET SQUARE PO BOX 1111AddressLine1Txt
CityGRAND CAYMANCityNm
CountryCJCountryCd
Foreign PostalKY1-1102ForeignPostalCd
FieldValueIRS element (for citing)
Primary ActivitiesINVESTMENTSPrimaryActivitiesTxt
Legal Domicile Foreign CountryCJLegalDomicileForeignCountryCd

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1AFESDBusinessNameLine1Txt
FieldValueIRS element (for citing)
Entity TypeC CORPEntityTypeTxt
Share Of Total Income$0ShareOfTotalIncomeAmt
Share Of EOY Assets$50,000ShareOfEOYAssetsAmt
Ownership1.00000OwnershipPct
Controlled OrganizationYes (true)ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (true)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesfalseSharingOfFacilitiesInd
Paid Employees SharingfalsePaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1AFESD OFFSHORE LIMITEDBusinessNameLine1Txt
FieldValueIRS element (for citing)
Transaction TypeBTransactionTypeTxt
Involved$50,000InvolvedAmt
Method Of Amount DeterminationCASHMethodOfAmountDeterminationTxt