In accordance with the guidelines and processes established by the CORDAP Foundation’s Governance Committee, the Global Coral R&D Accelerator Platform Foundation (CORDAP Foundation) provides financial resources to aid CORDAP’s restoration objectives.
The CORDAP Foundation is a legal entity, enjoys financial and administrative independence, is non-profit, and has full capacity to achieve its objectives and manage its affairs under the supervision of its Board of Directors. The Board supervises its work, conducts its affairs, develops its strategies and policies, supervises its implementation, and takes all decisions to enable it to achieve its objectives, ensure its independence, and manage its funds.
The CORDAP Foundation is headquartered at King Abdullah University of Science and Technology (KAUST) in Saudi Arabia and may open branches or offices inside or outside Saudi Arabia as needed.
Goals and Activities
> Develop mechanisms to facilitate the receipt of conferment, donations, subsidies, grants, bequests, endowments, or any other contributions, in accordance with the relevant statutory provisions.
> Provide financial support for research and projects announced by the Scientific and Advisory Committee of the initiative and approved by the initiative’s governance committee.
> Managing the Foundation’s funds according to the mechanism set by the Initiative’s Governance Committee.
>Develop a mechanism to follow up the disbursement of funds on projects and research approved by the Scientific and Advisory Committee (SAC) of the initiative and approved by the Initiative’s Governance Committee.
> Follow up the disbursement of funds in accordance with the plans approved by the Initiative’s Governance Committee.
Our role connecting donors with R&D performers to help secure a future for coral reefs
Join our mission to save the world’s corals
The ingenuity, talent, and drive to develop new approaches to saving corals and reefs for humanity is out there – but expanded resources are required for a sustainable success and we need to treble our funding to enable the work that needs to be done.
By investing in urgently needed novel solutions to restore and secure corals and reefs for future generations, those funding our work would also support the Kunming-Montreal Global Biodiversity Framework and the UN Sustainable Development Goals.
Our donors contribute to achieving CORDAP’s mission through one-time or ongoing financial support. This support is essential to the continued success of the organization and allows CORDAP to carry out its work in communities around the world. We are grateful for the generosity of our contributors and the impact they have on the lives of those we serve.
Let’s talk about how you can contribute