The Fauji Foundation is devoted exclusively to the welfare of the ex-servicemen of the Armed Forces of Pakistan and their dependents. In order to promote, accelerate and to accomplish this mission, it was essential that Fauji Foundation generates and musters regular source of income. Fauji Foundation today is an entirely self supporting welfare organisation. It operates in the private sector and all expenditures on its diverse welfare activities have always been generated by its own industrial and commercial projects.
ORIGIN AND HISTORY: It was on 1st April 1942, that the Government of British India constituted 'Military Reconstruction Fund' through monthly contributions at the rate of Rs 2/- for each combatant and Re. 1/- for each non combatant for resettlement of Indian soldiers in civil life after World War II.
By 1945, the fund stood at Rs 97 million (approximately) after being re-designated as "Post War Services Reconstruction Fund" (PWSR). Our share at Partition was to the tune of Rs 35.85 million. The funds were being operated through respective provincial Governors. A committee of Administration headed by AG with reps from PAF, PN was formed to administer the fund. In 1954, first industrial project (Jhelum Textile Mills) was set up.
On 14th Dec 1959, foundation stone of 1st welfare project (FFH Rawalpindi) was laid. On 1st March 1967 it was renamed as "Fauji Foundation". It was on 3 February 1972, that the Constitution of Fauji Foundation was approved. On 20th December 1981, ex-Servicemen (and their families) of AJK territory also became eligible beneficiaries as amended by a notification issued by the Govt. of Pakistan.
On 20th September 1992, Ex-Servicemen (and their families) of NLI and MODC / DSG personnel became eligible Beneficiaries of Fauji Foundation. On 1st October 2002, "Beneficiary" status was extended to Mujahid Force Personnel of 10 Corps.
In almost 50 years, the market value of assets of Fauji Group as a whole has grown to 130 billion rupees. Thus far, the Foundation has spent approximately 17 Billion rupees on Welfare. Starting with only Rs 17 Million in 1954 FF now has assets worth Rs 27 billion while the assets of Fauji Group are over Rs 99 billion. The Fauji Group has paid Rs 24 billion to the national exchequer by way of taxes, duties & other levies in 2003-04. In the last ten years this amount was over Rs 140 billion.
The welfare budget of the Foundation for the year 2003-04 was about Rs 1.8 billion. At present Fauji Foundation educational institutions have approximately 34000 students and out of this about 41% hail from civilian families. As of today, Fauji Foundation beneficiaries number a little over 9 million which is 7% of country's population and grows by 2% each year. At present Fauji Foundation has 13000 employees out of which well over 60% are civilians. This means that FF is playing an important role in the employment sector & is also reaching civil population.
The ever increasing number of beneficiaries and normal escalation, call for proportionate growth in revenues. To this end, the corporate side of the Foundation has to be extremely dynamic and vibrant. Since the Constitution of the Foundation does not allow acceptance of any grants, donations or gifts in any form, there is no option but to increase income from business.
The last 50 years of its existence suggest that the Foundation successfully meets all its continuously expanding welfare obligations across the country, from resources generated by itself. By Allah's grace, prayers of its beneficiaries and the hard work and dedication of its management, workers and all other stakeholders, the Foundation will always continue to strive for sustained growth and development.
MANAGEMENT STRUCTURE COMMITTEE OF ADMINISTRATION: According to the Scheme of Administration issued by Federal Government in 1972, Committee of Administration is the governing body for the Fauji Foundation. Its composition is as follows:
A. Secretary Ministry of Defence, Chairman.
B. Chief of General Staff, Member
C. Adjutant General, Member.
D. Quartermaster General, Member.
E. Chief of Logistics Staff, Member.
F. Deputy Chief of Naval Staff (Trg & Pers), Member.
G. Deputy Chief of Air Staff (Adm), Member.
H. Secretary Central Board of Directors, Secretary.
CENTRAL BOARD OF DIRECTORS: This is the executive body of he Foundation which manages the day to day affairs of the foundation. Its composition is as follows:
A. Chairman: Secretary, Ministry of Defence
B. Vice Chairman: Managing Director Fauji Foundation
C. Directors: Director (Finance), Director (Planning & Development), Director (Human Resources & Adm), Director (Industries), Director Welfare (Education), Director Welfare (Health), Director Systems Evaluation & Development, Corporate Advisor.
D. Secretary: Secretary Central Board of Directors
INDUSTRIAL AND COMMERCIAL PROJECTS OF FAUJI FOUNDAITON: The initial success emanating from its wholly-owned projects provided Fauji Foundation with experience and confidence to embark upon the process of diversification. It soon realised that large projects of industrial nature were needed to supplement the ever-growing demand and high cost of welfare activities. Today Fauji Foundation holds a diverse portfolio of investments.
LOOKING AHEAD: Future industrial / commercial direction of the business is dependent on the environment in which Fauji Foundation operates and this environment is rapidly changing. For a corporate entity like FF to survive and excel in today's high competitive market, it will have to change and adapt it self accordingly.
The Foundation is constantly looking at new fields of investment. Its planning & Development Division, that has helped set up many of its industries in the past, is presently in the process of exploring the feasibility of investments in the power and energy sector.
MISSION: To multiply the resources of Fauji Foundation for maximisation of welfare activities for the benefit of is Beneficiaries.
VISION: Sustained profitable growth of the assets of the Foundation, through judicious investments in projects, for providing better healthcare and education facilities to the Beneficiaries, thus playing a pivotal role in their economic and social uplift, thereby contributing towards nation building.
OBJECTIVES:
-- Increase the assets of Fauji Foundation through judicious investments in viable and profitable industrial, commercial and financial ventures with a view to maximising profits.
-- Increase and sustain its corporate value through growth & innovation.
-- Contribute to the strengthening of the national economy, through its commercial & industrial projects.
-- Provide better healthcare and education facilities to the Beneficiaries, thereby contributing to community development and social uplift of their areas.
-- Seek excellence in its operating standards so as to meet international norms.
FAUJI FOUNDATION AT A GLANCE:
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Started Corporate Operations 1954
Seed Money Rs 18 million approximately
Balance of remaining Post War (Pakistan's share in 1947)
Services Reconstruction Fund Rs 35 million)
CURRENT ASSETS
Fauji Foundation (including 8 Fully Owned Coys) Rs 27 billion
Fauji Group (FF plus 7 Associated Coys) Rs 99 billion
Health Care Units 114 (including 11 hospitals)
Facilities open to local civil
population on payment
Hospital Bed Strength 1300 approximately
Education Institutions
Model Schools (English medium) 95
Colleges (Boys / Girls) 2
University 1
(with 3 affiliated units; Medical
College, College of Arts &
Sciences, Institute of Management
& Computer Sciences)
Total Numbers of Students 34,000 (including
14,000 civilians) approximately
Vocational Training Centres 66
For women
Technical Training Centres 9
For men
Beneficiaries
Health care, Education & Training 9.1 million
Employees 13,000 people (including
Fauji Group 60% civilians) approximately
Welfare Expenditure
Since Inception Rs 17 billion
Year 2003 - 04 Rs 1.8 billion
Taxes & Duties Paid
In the last 10 years Rs 140 billion
Year 2003 - 04 Rs 24 billion
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MANAGING DIRECTORS FAUJI FOUNDATION:
-- Brigadier F.R Khan. S.PK. SQA (Retd) (Late) June 1963 to March 1970.
-- Major General Mian Ijaz Ahmed, SK (Late) April 1970 to June 1970.
-- Major General M. Nawaz Malik, SK, TQA (Retd) (Late) September 1970 to July 1975.
-- Major General Rao Farman Ali Khan (Retd) (Late) June 1975 to January 1985.
-- Lieutenant General Ahmed Jamal Khan, HI(M). S.Bt (Retd) Late January 1985 to January 1992.
-- Lieutenant General Imtiaz Waraich, HI(M). SJ. S.Bt (Retd) Late January 1992 to March 1996.
-- Lieutenant General M Arif Bangash, HI(M), S.Bt (Retd) April 1996 to December 1996.
-- Lieutenant General Khalid Latif Mughal. HI(M), S.Bt. (Retd) January 1997 to December 1998.
-- Lieutenant General Muhammad Maqbool, HI(M). S.Bt (Retd) January 1999 to April 2002.
-- Lieutenant General Syed Muhammad Amjad, HI, HI(M) (Retd) Since April 2002.