An Overview
The Department of Endowment Affairs at Qassim University is one of the strategic departments concerned with developing and investing endowment assets and directing their returns to serve academic excellence, scientific innovation and community development, in line with the university's vision and mission, and to achieve the objectives of the Saudi Vision 2030 in enhancing the financial sustainability of educational entities. The administration seeks to build an effective and integrated endowment system, based on the best administrative and legal practices, by developing the university endowment, attracting donors and supporters, and employing resources efficiently according to the principles of governance and responsible investment. The administration is responsible for supervising the implementation of various endowment banks that support the university's educational, research and community programs, in addition to its role in spreading the culture of endowment among the university staff and the community. The Department was established by the decision of the President of the University Council on April 28, 2025.
Vision
Leadership in the development and sustainability of Qassim University's endowments in a way that promotes academic excellence, stimulates scientific innovation, and contributes to achieving community development.
Mission
Managing and developing university endowments efficiently and transparently, by developing endowment assets and investing them according to best practices, ensuring that their impact is maximized in supporting educational, research, and development programs at Qassim University.
Objectives
1. Developing endowment assets and diversifying sources of income:
Expanding the establishment of various endowments (real estate, financial, service, and technical).
Attract sponsors and partners from the public and private sectors.
2. Managing endowments efficiently and transparently:
Implementing best practices in governance and financial disclosure.
Establish an independent board of directors and investment and advisory committees.
3. Achieving a tangible endowment impact in education and scientific research:
o Funding research chairs and student support programs.
Supporting scientific innovation and academic excellence at the university.
4. Responsible and sustainable investing:
Adopt balanced investment policies (markets, sukuk, alternatives).
Take into account environmental and social governance (ESG) standards.
5. Promoting the culture of university endowment:
Launching informational and awareness campaigns inside and outside the university.
Engage students, alumni, and employees in endowment initiatives.
6. Strategic alignment with the Kingdom's Vision 2030:
Contributing to the diversification of the national economy through the development of endowments.
Strengthening the university's role in serving the community and providing sustainable development solutions.