المملكة: Blocking support … a penalty awaiting associations that violate the system of civil institutions

The Associations Support Fund offered the Association Support Regulations through the “Reconnaissance” platform, with the aim of achieving legislative governance for its services, and ensuring legal legitimacy for all its financial and non -financial services and products.
The regulations include the general provisions of support, conditions and regulators, in addition to defining detailed policies related to the financial and non -financial support provided by the fund.
The Fund provides direct or indirect support for registered societies, and this support includes two main types: financial and non -financial support. Financial support includes grants, financing, and contributing to investing the financial surplus of associations, which helps them to achieve their financial sustainability.
As for non -financial support, it includes empowerment services, and the conclusion of partnerships and agreements that contribute to enhancing association’s capabilities and enabling them to perform their role effectively in society.

Get support

To obtain the support, the regulations defined several general controls, including the necessity of registering the association in the fund’s electronic portal, and having an active bank account, in addition to fulfilling all the required conditions, and free of any financial or administrative violations, and societies must adhere to the governance standards determined by the fund, and that their license be valid and accredited by the relevant authorities.
The Fund gives financial support to associations through its financial resources, according to the controls specified in the regulations, where financial grants can be provided according to policies determined by the fund’s board of directors, including grants, conditions, and affiliates related to them.
The Fund provides financing opportunities commensurate with the needs of the associations, by providing easy financing, which is characterized by competitive profit rates and flexible grace periods.
In addition to providing financial guarantees to assist associations in obtaining funds from other parties, in addition to providing loans on specific conditions to ensure the continuity of the associations’ work and enhance their financial sustainability.
Among the most prominent axes of the regulations is the opportunity for associations to invest their financial surplus, upon their request, to ensure their sustainability.

Empower associations

This trend comes within the Fund’s vision aimed at enabling associations and enhancing its role in societal development, by raising their financial competence, providing advice and technical support, evaluating their financial conditions, and designing specialized training programs to enhance their institutional and human capabilities.
The Fund also seeks to enhance the readiness of associations to participate in the implementation of government initiatives that contribute to achieving financial sustainability.
With regard to partnerships and agreements, the regulations indicated that these aspects are not fully subject to the general controls of support, unless this is stipulated explicitly in the documents of the agreements, as well as the policies and procedures related to partnerships, which include mechanisms for dealing with partners’ funds, and applying the conditions of standing and donors, in addition to setting a legal framework that defines the rights and duties for each party to ensure the achievement of common goals efficiently.
In its new regulations, the Fund affirmed that it is entitled to withhold support for any association that violates the relevant regulations and regulations, or those that do not apply to the specific requirements in the regulations, which ensures that support is only directed to the associations that adhere to the specific controls and criteria.