The Fauji Foundation (FF), is one of the largest conglomerates in Pakistan, with interests in fertilizer, cement, food, power generation, gas exploration, LPG marketing and distribution, financial services, employment services, and security services. It is run by former officers of Pakistani Armed Forces.[1]
FF's shareholding in its associated companies has a market value of USD 661 million, while the companies represent 3.3% of the total market capitalization at the Karachi Stock Exchange.
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Fauji Foundation was established as a charitable trust in 1954, and operating on a completely self sustaining basis, channels approximately 80% of the profits from commercial ventures into social protection programs that serve a beneficiary population representing approximately 7% of the country’s population.
Spending more than Rs. 23.8 billion since inception on welfare, the Foundation provides services in the areas of healthcare, education, educational stipends, technical and vocational training.
Fauji Cereals, Foundation Gas, Fauji Sugar Mills, Fauji Corn Complex, Foundation University, Fauji Security Services, Overseas Employment Services, Experimental and Seed Multiplication Farm.
Mari Gas Company Ltd., Fauji Cement Company Ltd., Pakistan Maroc Phosphere, S.A, Fauji Fertilizer Company Ltd., Fauji Fertilizer Bin Qasim Ltd., Foundation Securities (Pvt.) Ltd., Fauji Kabirwala Power Company Ltd., Fauji Oil Terminal & Distribution Company Ltd.
Fauji Foundation has also earned considerable acclaim outside the country. It earned The World Veterans Federation Rehabilitation Prize in 1997 at Seoul, South Korea which was received by then Fauji Foundation Director, Welfare (Health & Education) Brigadier Muneeb-ur-Rehman Farooqui SI(M). The citation runs that the prize was awarded:
for the Foundation's remarkable achievements in looking after ex-servicemen and their families in providing health care, education, technical training, employment, artificial limbs and other facilities for the rehabilitation of disabled ex-servicemen, thus enabling them to be full-fledged citizens contributing to the welfare of their communities.[2]
The Fauji Group currently employs approx. 12,411 employees in various sectors including fertilizer, cement, natural gas, power generation, oil terminal operations, financial services, healthcare and education.
The Committee of Administration (COA) is the policy board of the organization. It is responsible for defining the strategic direction of the Foundation without its involvement in the day to day functioning.
The Central Board of Directors (CBODs) functions as the management committee, which is responsible for the day to day fiscal and management control of the organization within the broad policy mandate. It ensures that policy objectives are met. Secretary, Ministry of Defense, is the ex-officio Chairman of Fauji Foundation, whereas Vice Chairman and Managing Director oversee the day to day operations of Fauji Foundation with requisite direction to the functionaries.
Fauji Foundation education system is another department of Fauji Foundation. "Fauji Foundation education system aims to provide quality education to the children of ex armed forces personnel as well as civilians".
The headquarters of Fauji Foundation are in Rawalpindi, Pakistan. FFES is affiliated with the Federal Board of Intermediate and Secondary Education (FBISE), Islamabad. Every year it shows excellent performance in the examinations held by FBISE. There are almost 103 schools (FF model schools) in Pakistan.