Barakat Foundation
Charitable trust in Iran
Nº Q59325810 ★★★★
Super Rare · Organizations
Barakat Foundation
Charitable trust in Iran
The Barakat Foundation (Persian: بنیاد برکت lit. The Blessing Foundation) is a charitable trust in Iran (a bonyad) focused on economic development projects in rural areas. It also has stakes in Iran's pharmaceutical industry.
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From Wikipedia
The Barakat Foundation (Persian: بنیاد برکت lit. The Blessing Foundation) is a charitable trust in Iran (a bonyad) focused on economic development projects in rural areas. It also has stakes in Iran's pharmaceutical industry. It is affiliated to the Execution of Imam Khomeini's Order which is controlled by Seyyed Ali Khamenei. In 2013, one of its senior officials stated that during the last five years, the foundation had invested more than $1.6 billion in development projects, as well as building 200 schools, 400 homes and health clinics; and “nearly 100 percent of the income of Setad and the Tadbir Group is placed at the disposal” of the foundation; however, these claims are impossible to verify because its accounts are not publicly available.
Text: Wikipédia, CC BY-SA 4.0. ·
