Mostazafan Foundation

Islamic Revolution Mostazafan Foundation
Company typeBonyad
PredecessorPahlavi Foundation
Founded21 February 1980 (1980-02-21)
FounderRuhollah Khomeini
Headquarters,
Iran
Key people
Hossein Dehghan (CEO)
Subsidiaries
WebsiteOfficial website

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]

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]

  1. ^ Millionaire mullahs by Paul Klebnikov, 7 July 2003, The Iranian Originally printed in Forbes, Retrieved 15 May 2009
  2. ^ Cite error: The named reference GlobalSecurity was invoked but never defined (see the help page).
  3. ^ "Khamenei Reportedly Gives Tax-Exempt Status To Entities Under His Control". Radio Farda. 11 November 2018.
  4. ^ Mostazafan Foundation. About the Bonyad. 2 Oct. 2008 Archived 26 January 2009 at the Wayback Machine Retrieved 15-March-2009.
  5. ^ Cite error: The named reference Katzman was invoked but never defined (see the help page).

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