MiSK Foundation
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مؤسسة الأمير محمد بن سلمان بن عبدالعزيز مسك | |
 | |
| Founder | Mohammed Bin Salman |
|---|---|
Key people | Bader Al Badr |
| Website | misk |
Prince Mohammed bin Salman bin Abdulaziz Foundation (the MiSK Foundation) (Arabic: مؤسسة الأمير محمد بن سلمان بن عبدالعزيز مسك) is a non-profit foundation established by Saudi crown prince Mohammed bin Salman in 2011.[1]
History[edit]
Created in 2011, the MiSK foundation was initiated by Mohammad bin Salman, then advisor to the Governor of Riyadh. The name of the Foundation comes from "misk" ("musk" in English); the perfume is a symbol of generosity and benevolence.[2] The Foundation's work is focused on education, culture and media.[3]
In 2017, the Foundation became a "member company" of the MIT Media Lab consortium.[4]
The MiSK Art Institute, launched in 2017, is the artistic branch of the MiSK Foundation.[5][6][7] MiSK led the Saudi pavilion at the 2019 Venice Biennale, organizing an exhibition by the Jeddah-based Saudi artist Zahrah Al Ghamdi.[8]
In November 2018, a month after the death of journalist Jamal Khashoggi, the Bill & Melinda Gates Foundation pulled funding from the foundation.[9] In 2017, the Gates Foundation had committed $5 million to MiSK. “Jamal Khashoggi’s abduction and murder are extremely troubling,” said the Gates Foundation in a statement.[10][11]
In April 2022, MiSK Foundation acquired 96% ownership of the Japanese video game company SNK.[12]
See also[edit]
References[edit]
- ^ "Misk Foundation Partners with Bloomberg to Advance Saudi Arabia's Vision 2030 with Major Investments in Financial Training and Global Market Capabilities | Press | Bloomberg LP". Bloomberg L.p.
- ^ "About MiSk". Misk.org.sa. Retrieved 2 April 2018.
- ^ Elizabeth Dickinson (8 May 2017). "Q&A: Saudi nonprofit MiSK paves the way for youth". Devex.com. Retrieved 10 November 2017.
- ^ Grif Peterson; Yarden Katz (30 March 2018). "Elite universities are selling themselves – and look who's buying". Theguardian.com. Retrieved 2 April 2018.
- ^ Anna Somers Cocks (8 December 2017). "Saudi Arabia's Crown Prince launches institute to promote art in the Middle East". Theartnewspaper.com. Retrieved 2 April 2018.
- ^ Siegfried Forster (12 October 2017). "L'art contemporain saoudien, une bonne surprise exposée à l'Unesco". Rf1.fr (in French). Retrieved 2 April 2018.
- ^ James Tarmy (29 January 2018). "Saudi Arabia Is Planning a Massive, New Arts Center". Bloomberg.com. Retrieved 2 April 2018.
- ^ "Saudi Arabia returns to Venice Biennale after eight-year hiatus". theartnewspaper.com. 9 April 2019. Retrieved 2019-07-12.
- ^ DiChristopher, Tom (November 2018). "Gates Foundation halts cooperation with Saudi crown prince's nonprofit after Khashoggi killing". CNBC. Retrieved 2023-04-13.
- ^ Roberts, Paul (2 November 2018). "Gates Foundation cuts ties with Saudi charity over journalist's murder". Seattle Times.
- ^ Denny, Andrew (4 November 2018). "Gates Foundation Pulls Funding From Saudi Charity Over Khashoggi Murder". Inquisitr.
- ^ Peters, Jay (5 April 2022). "SNK is now almost entirely owned by the Saudi crown prince's foundation". The Verge. Retrieved 18 May 2022.