Arab Fund for Economic and Social Development
THE 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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$13.8B
+2.0% YoY
Revenue
$420.4M
+49.7% YoY
Net Investment Income
$160.7M
+1728.5% YoY
Expenses
$30.8M
+5.5% YoY
About Arab Fund for Economic and Social Development
Based on IRS filings
Arab Fund for Economic and Social Development is a nonprofit organization. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $13.8B in total assets. Net investment income was $160.7M.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $13,785,447,168 | $13,515,895,011 | $13,113,822,041 |
| Revenue | $420,366,824 | $280,880,339 | $271,203,579 |
| Expenses | $30,770,978 | $29,158,787 | $27,370,110 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $160,727,154 | $8,790,349 | $68,050,240 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
3 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| AVELINO DIAS | EXECUTIVE ADMINISTRATIVE | 35 | $960,812 |
| EMAD AL ATTAR | SENIOR ENGINEER | 35 | $833,064 |
| SAYED BASHEER | SENIOR ADMINISTRATIVE SPECIALI | 35 | $801,980 |
| HATEM ABU LOGHOUD | SENIOR FINANCIAL ANALYST | 35 | $724,682 |
| BADER M A AL SAAD | CHAIRMAN/DIRECTOR GENERAL | 40 | $513,514 |
| METHQAL M ALI SARTAWI | CHAIRMAN CONSULTANT | 35 | $233,728 |
| MERZA HASAN | SENIOR ADVISOR | 35 | $213,199 |
| ABDULLAH AL TAH | HEAD OF LEGAL | 35 | $130,070 |
| YOUSSEF ABDELAZIZ MOHIELDIN | HEAD PROD.PROJ&SOCIAL DEV | 35 | $177,088 |
| IMED BEN MINAOUER LIMAN | DIRECTOR OPERATION DEPT. | 35 | $173,465 |
| IMAD YOUSEF ABUHUWAIL | DIRECTOR FINANCE DEPARTMENT | 35 | $163,804 |
| ABDULKAREEM AL SAEED | HEAD OF HQ BUILDING | 35 | $168,879 |
| MOHAMMAD A A ALMERSHED | DIRECTOR OF ADMINISTRATION | 35 | $165,558 |
| KHALED MESHARI AHAMADAH | INVESTMENT OFFICER | 35 | $121,617 |
| BASMAH A BOUQAMMAZ | HEAD ALTERNATIVE INVESTMENT | 35 | $121,851 |
| MAMDOUH AMIN | HEAD OF GENERAL ACCOUNTS SEC | 35 | $103,969 |
| FAHAD BIN IBRAHIM AL SHETHRI | DIRECTOR | 1 | $45,000 |
| MUSLIM BIN ALI COTTON | DIRECTOR | 1 | $43,000 |
| ABDULRAHMAN KEIDI | DIRECTOR | 1 | $35,500 |
| GHADEER HEJAZI | DIRECTOR | 1 | $33,000 |
| WALEED ALBAHAR | DIRECTOR | 1 | $33,000 |
| MARYAM AK AMEERI | DIRECTOR | 1 | $33,000 |
| FOUZI LAKJAA | DIRECTOR | 1 | $30,000 |
| TAREQ MOHAMED YOUSEF BEN KHAL | DIRECTOR (UNTIL AUGUST 2024) | 1 | $27,032 |
| AHMAD GANI | DIRECTOR | 1 | $10,967 |
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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