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HISTORY OF THE
PETARIAN FOUNDATION
The following is a concept
paper for the development of a Petarian Foundation. This was presented
to the Managing Committee of the Petarian Association on February
2, 1999 at the Services Mess, Karachi. All Petarians are requested
to send their thoughts on this subject so that we may eventually
develop a healthy foundation for the benefit of Petarians and our
beloved country.
VISION STATEMENT
To aim to become the
prime driving force in building Pakistan into a great nation and
a powerful nation within our own lifetime - a Pakistan full of faith
in Our Lord and Master Allah, devoid of poverty, with every person
enjoying a good standard of living, the highest standard of education
and health care, an honest and a hard working nation, an efficient
and productive people, a quality conscious country, a leader of
nations.
AIMS AND OBJECTIVES
- The Foundation will be a non-profit
and non-political organization, set up for the benefit and welfare
of Petarians in particular and Pakistanis at large
- The Foundations shall provide
welfare services for Petarians through:
- Creation job opportunities
through its investments and placement Establishment
and operation of an unemployment bureau to assist the jobless
- Establishment and operation
of a career counseling service
- Establishment of scholarships
to capable, needy & deserving students
- Distribution of free course
books to needy students
- Establishment and operation
of projects to assist and provide jobs to widows and orphans
- Establishment and operation
of blood banks
- Establishment and operation
of any other service or facility that would be of benefit
to Petarians in particular and to Pakistanis at large
- The Foundation shall promote and
finance projects in the following areas:
- Establishment and operation
of public schools, colleges, universities
- Establishment and operation
of research facilities in all science
- Establishment and funding
of "chairs" at Universities in Pakistan
- Establishment and operation
of vocational institutions for all trades
- Establishment and operation
of public libraries
- Publication of books and magazines
in all fields of benefit to Pakistan
- Promotion of knowledge through
any other means
- Establishment and operation
of health care facilities
- Establishment and management
of mosques and Qur'an / Hadith teaching schools
- The Foundation shall promote goodness
in society in all its forms, and shall campaign against evil,
corruption and oppression in society in all its forms.
- The funds raised by the Foundation
shall be invested in halal businesses that would generate
profits to be used to fulfill its objectives. Businesses that
the Foundation could invest in include the following:
- All halal industries
- Agriculture, horticulture
and animal husbandry
- Schools and colleges
- Telecommunications and information
technology
- Engineering services
- Health care
- Real estate
- Services
- MEMBERSHIP
- All Petarians and other Pakistanis
are eligible to become Members of the Foundation. There will be
following categories of Members:
- Fellows
- Members
- All categories of members will
be classified as "Petarian" and "Non-Petarian"
- MEMBERSHIP FEES
- All members are required to pay
annual fees of Rs. 1,000. A one-time payment of Rs.
15,000 will be considered as payment of the membership fees
for life.
- Any member who pays life membership
fees will be considered to be a Fellow upon an additional one-time
payment to the Foundation of Rs. 250,000.
- BOARD OF DIRECTORS
- The Foundation will be governed
by a Board of Directors having 5 directors. The constitution of
the Board will be as follows:
- 2 Directors to be elected by the
Members
- 3 Directors to be elected by the
Fellows
- The Directors shall choose a Chairman
of the Board, a Secretary and a Treasurer from among themselves.
Other office bearers may be appointed by the Board.
- Each of the Directors shall hold
office for a period of 4 years. Approximately half of the elected
Directors shall be elected every 2 years in order to provide rotation
and continuity to the Board. Of the first Board to be elected,
3 Directors (1 by Members and 2 by Fellows) shall be elected for
a period of 4 years, and 2 (1 by Fellows and 1 by Members) shall
be elected for a period of 2 years only.
All Directors shall serve on a voluntary basis and shall not be
eligible for any remuneration.
- SECRETARIAT
- At an appropriate date, the Board
shall form a Secretariat for day to day management of operations
of the Foundation. The Secretariat shall have full time hired
staff, and shall be headed by a Secretary General. The remuneration
to be paid to the Secretary General and the Secretariat staff
shall be determined by the Board. Until such time as a professional
Secretariat is formed, the Board shall work as the Secretariat
on a voluntary basis, with the Chairman of the Board also serving
as the Secretary General.
- FUND RAISING
- In addition to membership fees,
the Foundation shall raise funds from Petarians and non-Petarians
through halal means, and possibly through any of the following
channels:
- Donations
- Zakat
- Grants from government agencies
and NGOs
- Fund raising dinners, functions,
meena bazars, etc.
- Advertisements in its publications
- Other means approved by the Board
of Directors
- The donors can dedicate any of
the money donated for the sake of their loved ones or for the
sake of their own destiny in the Hereafter.
- The Zakat money collected would
be spent only for the categories allowed as recipients of Zakat.
- Readers are requested to send
their comments and expression of interest to 671@petaro.com
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