Institutional Trusteeship Service
A trusted service for managing your endowments with full efficiency and transparency. Thiqah Endowments Company assumes administrative and financial responsibilities as a legal entity, serving as a member of the endowment’s board of trustees. The company provides periodic reports that contribute to the growth and sustainability of the endowment’s objectives.
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**Service Features**
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– Legal Representation**: We act as the legally authorized entity in managing the endowment.
– Legal Registration**: We follow up on official procedures and register the endowment with relevant authorities.
– Comprehensive Management**: We handle endowment accounts, archiving, and daily operations.
– Grant and Investment Management**: We design and implement charitable and investment programs under strict governance standards.
–Periodic Reporting**: Annual or quarterly reports that reflect performance and growth.
– Transparency**: Detailed records and documented decisions that foster trust between parties.
– Task coordination between the Board of Trustees and executive management.
– Monitoring contracts, correspondence, and operational plans.
– Organizing meetings, preparing minutes, and follow-up reports.
Outcome: Effective management and streamlined endowment operations without disruption.
– Preparing meeting schedules, minutes, and issued decisions.
– Monitoring implementation of recommendations and submitting periodic reports to the board.
– Archiving files and decisions, and enforcing governance procedures.
Outcome: An active Board of Trustees with clear decisions executed professionally and transparently.
– Practical workshops in endowment management, leadership, and planning.
– Hands-on training in report preparation and performance management.
– Development of financial and accounting capabilities for endowments.
Outcome: Skilled teams capable of leading the endowment and ensuring its sustainability.
– Determining rental value and marketing properties via “Ejar”.
– Managing contracts, collections, and overseeing maintenance and cleanliness.
– Revenue reconciliation and preparation of periodic account statements.
Outcome: Maximized endowment returns and sustained operational and financial assets.