Elite Capital & Co. Limited will continue to support Children’s charities into 2017
London, UK (AGENCIES) Dec 31, 2016 — Information Department at Elite Capital & Co. Limited (“ECC”) announced today that ECC will continue to support Children’s charities into 2017, starting by purchasing corporate gifts for our clients that are attending the company’s party today to celebrate the New Year event.
The United Nations Children’s Fund (UNICEF) is a United Nations (UN) programme that provides humanitarian and developmental assistance to children and mothers in developing countries. It is one of the members of the United Nations Development Group and its executive committee.
UNICEF was created by the United Nations General Assembly on 11 December 1946, to provide emergency food and healthcare to children in countries that had been devastated by World War II. The Polish physician Ludwik Rajchman is widely regarded as the founder of UNICEF and served as its first chairman from 1946. On Rajchman’s suggestion, the American Maurice Pate was appointed its first executive director, serving from 1947 until his death in 1965. In 1953, UNICEF’s mandate was extended to address the needs of children in the developing world and became a permanent part of the United Nations System. At that time, the words “international” and “emergency” were dropped from the organization’s name, making it simply the United Nations Children’s Fund, or popularly known as “UNICEF”.
UNICEF relies on contributions from governments and private donors, UNICEF’s total income for 2008 was US$3,372,540,239. Governments contribute two-thirds of the organization’s resources. Private groups and some six million individuals contribute the rest through national committees. It is estimated that 92 per cent of UNICEF revenue is distributed to programme services. UNICEF’s programmes emphasize developing community-level services to promote the health and well-being of children. UNICEF was awarded the Nobel Peace Prize in 1965 and the Prince of Asturias Award of Concord in 2006.
Most of UNICEF’s work is in the field, with staff in over 190 countries and territories. More than 200 country offices carry out UNICEF’s mission through programmes developed with host governments. Seven regional offices provide technical assistance to country offices as needed.
UNICEF’s Supply Division is based in Copenhagen and serves as the primary point of distribution for such essential items as vaccines, antiretroviral medicines for children and mothers with HIV, nutritional supplements, emergency shelters, family reunification,and educational supplies. A 36 member executive board establishes policies, approves programmes and oversees administrative and financial plans. The executive board is made up of government representatives who are elected by the United Nations Economic and Social Council, usually for three-year terms.
Chairman and President of Elite Capital & Co. Limited, Dr. Faisal Khazaal and Mr. George Matharu concluded their statement by saying “Companies can make a difference to children’s lives in a variety of ways through their normal business expenditure. For example, we scaled down our end of year office parties in London and Kuwait, and with the money saved have purchased corporate gifts through Unicef, that we can give to our clients in the new year.”
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