Alwaleed donates $1m to Scout Movement
Riyadh, September 1, 2009
The World Scout Movement has received a $1 million donation from a Saudi foundation to help support its development initiatives worldwide, especially in the developing countries.
Prince Alwaleed Bin Talal Bin Abdulaziz Al Saud, chairman of the board of trustees of the Alwaleed Bin Talal Foundation, and his wife and vice-chairman of the foundation Princess Ameerah Al Taweel, donated the money to the World Scout Foundation.
The fund, invested in the general endowment, will back efforts to impart value-based education that will help build a better world.
There are more than 28 million Scouts, children and young adults, male and female, in 216 countries and territories. In the last 15 years 38 countries have joined the World Scout Organization.
The World Scout Foundation is an independent, non-profit charitable organisation which serves the Scout Movement under the aegis of the World Organization of the Scout Movement. Its purpose is to promote unity and an understanding of the movement’s purpose and principles, while facilitating its expansion and development. – TradeArabia News Service
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