Punjab Educational Endowment Fund

Punjab Educational Endowment Fund
Non-Profit Organization for Poor Students of Pakistan
Founded 2008
Founder Shahbaz Sharif
Headquarters Lahore, Pakistan
Area served
 Pakistan
Key people
 Shahbaz Sharif
(Chairman)
Website www.peef.org.pk

The Punjab Educational Endowment Fund (PEEF) is a program governed by the Government of Punjab to establish opportunities for the bright boys and girls students. It was started in 2008 by its chairman Shahbaz Sharif (Chief Minister of the Punjab). It gives the scholarship to bright students which cannot afford their fees.The Punjab Educational Endowment Fund (PEEF) is an initiative of the Government of Punjab. In order to make it more efficient, transparent and autonomous in its functioning, it is registered under section 42 of the Companies Ordinance, 1984. The company was registered on 31st Dec. 2008 and an initial endowment fund was established with a seed money of Rs.2 billion. The endowment fund has now been increased to Rs. 8 billion and the Government of Punjab, Pakistan has pledged to raise the endowment fund to Rs. 10 billion during the current FY 2012-13. Only the investment proceeds out of this fund are utilized for the award of scholarships. PEEF is established with the objective of providing scholarships to talented and needy students for pursuing quality education with equal opportunities. The Punjab Educational Endowment Fund endeavors to bring best educational opportunities to the less privileged and talented youth of Punjab, and bring them at par with the most fortunate ones and is striving to achieve the following objectives:

Since the commencement of its operations in 2009; PEEF has so far awarded more than 41000 scholarships worth more than PKRs. 2 billion.[1][2]

Objectives

Building a critical mass of human capital, participating in nation building; through provision of equitable opportunities to less privileged but academically brilliant girls and boys in Punjab, Pakistan. [3]

Head Office

The organization is located in capital of Pakistani Punjab, Lahore, Pakistan.

Members of General Body

Registration

PEEF is registered with:

Certification

Punjab Educational Endowment Fund has certified by Moody International Group with the requirements of ISO 9001:2008.

Success Story

There are a lot of such students who gained this scholarship and succeeded in their lives. They achieved wonderful positions. Some of them are;

References

  1. ↑ In the news
  2. ↑ http://www.peef.org.pk/AboutUs.asp
  3. ↑ http://www.peef.org.pk/AboutUs.asp
  4. ↑ http://www.peef.org.pk/AboutUs.asp
  5. ↑ http://www.peef.org.pk/AboutUs.asp
  6. ↑ https://www.facebook.com/The.PEEF?fref=ts
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