According to Pakistan Centre for Philanthropy (PCP) Programme Officer Mansoor Sarwar, the amount is in addition to the tax paid by the companies to the government and has come mostly from oil and gas companies. “These companies, by working in the far-flung and extremely deprived areas, are a key source for providing health facilities, clean water and educational opportunities to the people,” Sarwar told a news briefing here on Sunday. He said more than 500 listed companies were spending billions of rupees on philanthropic activities and social development in the country.
Established in August 2001, the PCP is a non-governmental organisation leading philanthropy promotion in the country.
It mobilises resources from the private sector, especially the corporate sector, for development initiatives, besides supplementing the government’s poverty reduction agenda.
Funding for the PCP operations and programmes comes from the Aga Khan Foundation Pakistan along with individual and corporate philanthropists. Its previous and current donors also include the European Union, USAID and the Rockefeller Foundation.
Ismailimail 