Annual Report-2010
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ANNUAL REPORT 2010 31-12-2010 Pakistan Centre for Philanthropy 1A, St.14, F-8/3, Islamabad Pakistan Centre Tel. (9251) 2855903-4, 2287077-37 Fax. (9251) 2855073 for Philanthropy [email protected], www.pcp.org.pk Our Board Dr. Shamsh Kassim-Lakha, H.I., S.I. Chairman, PCP Board of Directors, Former President, Aga Khan University, Karachi Civil Society Organisations Mr. Badaruddin F. Vellani Chairman, AKF National Committee Mr. Firoz Rasul President, Aga Khan University Mr. Shoaib Sultan Khan Chairman, National Rural Support Programme Syed Asaad Ayub Ahmed CEO, The Citizens Foundation Dr. Suleman Sheikh Chairman, Sindh Graduates Association Eminent Citizens Mr. Arshad Zuberi Chief Executive and Editor, Daily Business Recorder Dr. Attiya Inayatullah Member, National Assembly of Pakistan Mrs. Munawar Humayun Khan Chairperson, Sarhad Rural Support Programme Mr. Mueen Afzal, H.I. Former Secretary General, Finance & Economic Affairs Mr. Mahomed J. Jaffer Senior Partner, M/S ORR, DIGNAM & Co. Mrs. Roshan Khursheed Bharucha Ex-Minister/Social Worker, Balochistan Mr. Saeed Ahmed Qureshi Former Deputy Chairman, Planning Commission Mr. Zaffar A. Khan, S.I. Former CEO Engro Chemicals and Former Chairman PIA, PTCL, KSE Syed Hyder Ali Managing Director and CEO, Packages Limited Mr. Mohsin Nathani Chief Executive, Standard Chartered Bank, Pakistan PCP reserves all rights of ownership of this document. Corporations Printed by: Colorline-Islamabad Mr. Arif Habib President, Arif Habib Securities Limited, Karachi Mr. Hussain Dawood Chairman Board of Directors, Engro Chemicals Pakistan Limited Cover desktop composition and production management: Mr. Ahsan M. Saleem Chief Executive, Crescent Steel & Allied Products Aleeza Akbar Pakistan Centre for Philanthropy, Islamabad Mr. Towfiq H. Chinoy Chairman, New Jubilee Insurance Company, Karachi Published in April 2011 Mr. Zaiviji Ismail Chairman & MD, Shell Pakistan Limited The Centre is led by Ms. Anjum R. Haque Ex-Officio Board Member PCP Board Committees Directors Report 2010 (April 2006-2011) Pakistan Centre for Philanthropy The Board of Directors Pakistan Centre for also been providing policy advice to the government. Philanthropy (PCP) is pleased to present its report This has been recently illustrated in the disclosure together with the audited financial statements for requirement for corporations imposed by the SECP, 2010. seeking to make public thematic areas for their philanthropic interventions. There has also been a Mr. Zaffar A. Khan As the world slowly emerges from the recent major subtle yet evident acceptance of the facilitative role of recession, philanthropic giving and remittances by the Centre amongst its stakeholder base with civil migrant workers continue to be among the most society and government emitting positive signals – the important factors that help developing countries former through an increased interest in seeking weather the economic storm. The concept of certification and the latter through its endorsement of philanthropy for social welfare is not the preserve of the same. Thus within a decade of its establishment, the Mr. Zaffar A. Khan the rich nor is it restricted to the shores of the PCP has created a niche for itself as the lead industrialised world. As shown by studies in Pakistan organisation for promotion of philanthropy in the and elsewhere, even those whose incomes are just country. above subsistence levels are among the most generous in assisting those in need. Philanthropy In addition to being a dialogue partner of the these days is showing dynamic trends both in terms of Government of Pakistan, PCP now engages in regional the giving habits of individuals and foundations as and global activities with like-minded organisations well as the programmes and projects executed with and individuals to share, learn, explore and strengthen these funds. Among the new philanthropic trends the promotion of philanthropy. PCP is a regular gaining current popularity are concepts of venture participant in the deliberations of the Asia Pacific philanthropy and strategic philanthropy. The latest Philanthropy Consortium (APPC) and World Congress trend examples are social stock exchanges being run of Muslim Philanthropists (WCMP), besides being a in Brazil and South Africa which function much like member of institutional networks on philanthropy in Mr. Zaffar A. Khan Mr. Hussain Dawood traditional for-profit capital markets to facilitate the universities, e.g. Indiana University and Cairo flow of philanthropic capital. In the context of University. The Centre was visited by delegations from Pakistan, it is most heartening that philanthropic Tajikistan and Afghanistan to study the PCP model of giving by corporations almost doubled while CSO Certification for replication in their countries. individual giving has shown a substantial increase over the past decade. We have witnessed these The Centre has moved forward in mobilising national contributions being increasingly spent on more and international philanthropy and strengthening its strategic purposes and on longer term, sustainable linkages. A case in point is the effort of the Centre activities. Corporations are increasingly investing in during the 2010 floods where PCP was able to generate the education and health sectors as indicated in our both local and Diaspora funds. annual corporate surveys. The PCP survey of listed Mr. Ahsan M. Saleem Mr. Anwar Rammal corporations for 2009 indicated a 70% preference Certification of Civil Society organisations remained the Chair for education followed by 20% for health. flagship programme of the Centre during 2010. We Dr. Shamsh Kassim-Lakha Mr. Arshad Zuberi are pleased to report that a record 103 applications (64 Mr. Zaffar A. Khan The Directors are pleased to report that this in 2009) for certification were received during the year. changing trend in philanthropy and its application is We attribute this to the increasing awareness among also reflected in the work of the Centre which has CSOs of the value of such certification, the trust donor agencies place in PCPs certification, the goodwill An encouraging finding of the latest survey was that 33.07 million in 2009. The Centre gratefully and the business community and looks forward to their cultivated with the Federal Board of Revenue and the despite the economic recession in 2009, Corporate acknowledges the generosity and continuous valued advice and input in the future. The Board wishes hard work of the concerned staff in networking and Philanthropy in Pakistan reached PKR 2.35 Billion from support of its corporate and individual contributors. to acknowledge the commitment and dedication of the bridge building with relevant stakeholders. It is PKR 2.23 Billion in the previous year. The Directors It is the belief and commitment of PCP's contributors management and staff of the PCP whose endeavours heartening to note that the Centre's due diligence extend their appreciation and complements to the in the value of the organisation's work that has contribute to the progress and the success of the effort in strengthening CSO processes for national corporate sector for it's generosity and seriousness in largely sustained PCP over the past years and has organisation. development has not only garnered international addressing social development issues in Pakistan by been a source of much encouragement for the PCP interest but also encouraged established nationally contributing as much as 0.9% of profits before tax, a in carrying forth its mission. recognised umbrella organisations like the Aga figure well above its counterpart in the industrialized Khan Rural Support Programme (AKRSP). This year world. To motivate greater giving by corporations, the Finally, the Board deeply appreciates the continued the Centre was approached by AKRSP to assess the Board is contemplating to recognize other categories of encouragement and support of the Federal and readiness status of 40 Local Support Organisations it corporate donors based on such themes as; innovation Provincial governments, civil society organisations Dr. Shamsh Kassim-Lakha H.I., S.I. established at the grass roots level for social service in giving, giving by corporate donors in less developed delivery in under developed northern Pakistan and to areas and by recognizing smaller corporate entities. strengthen them to qualify for PCP certification. During the devastating floods in July and August of The most important fillip to the certification 2010, the Centre stretched beyond its mandate of programme come from the Italian Debt Swap “facilitating and supporting altruistic efforts of CSOs in agreement which had made PCP Certification a social development” by extending relief to those requirement for funding. In 2010 the above linkage affected. PCP staff and friends raised Rs.1.4 million to yielded an amount of Rs. 792.2 million for 18 CSOs, procure and deliver relief supplies to over 300 families while US $ 63,191 was generated for 5 CSOs in the districts of Charsadda and Dera Ghazi Khan. through the UNDP/Ministry of Environment Moreover the Centre used its website to direct engagement. international donors to 23 PCP certified organisations working in relief and rehabilitation of the flood The Centre has successfully garnered the interest of affectees. It needs to be noted here that many PCP well- three United Nations entities including the Food and wishers who wanted their funds spent through the PCP Agriculture Organisation (FAO), the United Nations had to be diverted to other