Omnity “My Wish” Initiative
A strategic initiative granting the wishes of patients across every branch of King Faisal Specialist Hospital, with a budget of SAR 3.5 million a year.
Alinma Wareef Endowment Fund
Supporting the Alinma Wareef Endowment Fund to grow the fund's assets and so increase its annual returns (the fund's yield).
Target group:
Patients of King Faisal Specialist Hospital & Research Centre.
Project objective:
Achieving financial sustainability for the King Faisal Specialist Hospital Charity Foundation.
Project rationale:
• Wareef Charity needs to achieve greater financial sustainability.
• Wareef Charity relies on the fund's returns to deliver many of its projects.
Project outputs:
Meeting the treatment needs of patients in need quickly from the fund's returns.
The fund's returns help improve the patient's treatment journey.
Easing the financial burden on patients, especially those on limited incomes.
Supporting the Quality of Life Programme by improving patients' lives, which contributes to Saudi Vision 2030.
The fund's returns support many projects and awareness initiatives aimed at delivering healthcare to the patient and easing their treatment journey.
70% of the fund's returns go to the King Faisal Specialist Hospital Charity Foundation to support its various charitable projects.
30% of the fund's returns go back into growing the endowment fund's capital.
Financial data:
Fund assets: SAR 88.8 million.