Mostazafan Foundation
State-owned charitable organization in Iran / From Wikipedia, the free encyclopedia
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The Mostazafan Foundation of Islamic Revolution (Persian: بنیاد مستضعفان انقلاب اسلامی) formerly Bonyad-e Mostazafan va Janbazan (Foundation of the Oppressed and Disabled or "MFJ") is a charitable bonyad, or foundation, in the Islamic Republic of Iran, the second-largest commercial enterprise in Iran behind the state-owned National Iranian Oil Company[1] and biggest holding company in the Middle East.[2] The foundation used to be directly run by Khomeini.[3]
Company type | Bonyad |
---|---|
Predecessor | Pahlavi Foundation |
Founded | 21 February 1980; 44 years ago (1980-02-21) |
Founder | Ruhollah Khomeini |
Headquarters | , Iran |
Key people | Hossein Dehghan (CEO) |
Subsidiaries | |
Website | Official website |
It was founded in 1979 as a successor to the Pahlavi Foundation. As an economic, cultural, and social welfare institution, the foundation controls manufacturing and industrial companies, whose profits are used—according to the foundation—to promote "the living standards of the disabled and poor individuals " of Iran and to "develop general public awareness with regards to history, books, museums, and cinema."[4]
The Mostazafan Foundation is associated with the Islamic Revolutionary Guard Corps where some of its head officials have come from.[5]