The General Secretariat of the King Khalid Award met on Monday evening to select the winners of this year’s King Khalid Award.
Led by HRH Prince Faisal bin Khalid bin Abdulaziz Al Saud, Governor of Asir and Chair of King Khalid Foundation’s Board of Trustees, the group named three winners in each of the award categories: Development Partners, Excellence in Nonprofit Organisations and Sustainability.
The Development Partners branch recognises people or groups who, through their work, make a measurable difference to the lives of people in Saudi Arabia. Excellence in Nonprofit Organisations rewards outstanding management practices among nonprofits, while the Sustainability award honours enterprises that have taken sustainability to the heart of their business model, and used it to drive growth.
The General Secretariat received a shortlist of the highest-scoring candidates from each category, along with an overview of how award applicants are reviewed and rated. The chosen winners will be announced at the annual King Khalid Award Gala on November 12th, under the patronage of HRH King Salman bin Abdulaziz Al Saud, the Custodian of the Two Holy Mosques.
Winners in the Excellence in Nonprofit Organisations category will share prize money of SR1m, while those in the Development Partners branch will share SR500,000.
Now in its 10th year, the King Khalid Award honours the people, organisations and initiatives solving complex social challenges with creativity and skill, and empowers others to follow in their footsteps. The award not only encourages the rise of sustainable business practices, but also illuminates the vital role played by individual changemakers and the nonprofit sector in transforming Saudi society for the better.
All applicants that enter the award benefit from expert, tailored analysis of their organisational capabilities, to identify strengths and shortfalls and examine how to improve their outcomes. This bespoke scorecard is paired with learning opportunities and specialist support, which together empower organisations to innovate, improve and evolve.
The award remains the only one of its kind within the Middle East to actively support organisations in scaling their efficiency and capacity, to better serve their communities and meet sustainability goals.
The meeting closed with Prince Faisal bin Khalid extending his thanks to King Salman Bin Abdulaziz for his continuing support of the award, and its efforts to drive sustainable development in the kingdom.
Learn more about the King Khalid Award here.