Around £25 million is to be invested in the North-east over the next five years.
Sir Ian Wood gave The Wood Foundation’s 2015 chairman’s review on a number of projects.
To date £70m has been invested by the group into three focus areas in Africa and Scotland.
The Foundation announced it would commit £25m over five years to Opportunity North East (ONE), which Sir Ian is also part of, to help develop industries such as tourism, food and drink and oil and gas.
The commitment will also be fund-matched by Scottish Enterprise.
Sir Ian, executive chairman of the foundation said: “The Wood Foundation continues to make really good progress with a significant feature this year being our increased commitment to various economic and educational projects in Scotland.
“This has resulted in our funds now being evenly distributed across our three areas of focus, making markets work for the poor in sub-Sahara Africa, developing young people in Scotland, and facilitating economic and education development in Scotland.
“ONE is a particularly exciting project which hopefully will have a real impact on the economy of the North-east.”
Other funding includes £10.7m to NHS Grampian for a new car park at Foresterhill, a £5m grant for the creation of Robert Gordon University’s Oil & Gas Institute, £2.75m for state of the art Science, Technology, Engineering & Maths (STEM) teaching facilities at two city schools and an ongoing commitment to Aberdeen YouthGames.