PAKISTAN

Future Outlook
Having crossed the 1,000 school units’ milestone, TCF is now setting its sights upon taking up even more ambitious challenges
and pursuing a dramatic expansion of its programme. We are researching and incubating a number of possible pathways to this
growth. These alternatives include direct participation and indirect intervention in the low fee private school sector as well as
collaborating with the Government sector under Public-Private Partnership programmes. We are also exploring the use of
technology to achieve consistent, high quality learning outcomes in formal classrooms as well as less formal, community
settings. Meanwhile, work on launching a TCF Higher Secondary College is also well under way. As these efforts mature in the
next 2-3 years, growth in the scale and scope of our operations will accelerate significantly.
Sustainability
During the year ended June 30, 2015, TCF’s Endowment Fund has witnessed a growth of 41% from Rs. 972.9 million
(US $ 9.6 million) to Rs. 1,369.9 million (US $ 13.5 million) which reflects the efforts of the Foundation towards achieving
sustainability. Moreover, we are looking at formally introducing the ‘TCF Future Fund’ in the next year with the aim to raise and
achieve a total endowment fund of US $100 million in the next 5 years in order to provide increased sustainability to TCF. We
are very thankful to our donors who realize the importance of financial sustainability of the organization and have generously
contributed to the same.
Objective, Strategies and Subsequent Events
There is no significant change in the Foundation’s objective and strategies from the previous year. No material changes or
commitments affecting the financial position of the Foundation have taken place between the end of the year and the date of
this report.
Acknowledgements
We are grateful to the All Merciful, with whose benevolence TCF has been able to progress and maintain its credibility. TCF owes
its success to every single individual who has either joined the movement by donating or working in any capacity with
compassion to further the cause. My humble and deepest appreciation for thousands of volunteers, friends and supporters in
Pakistan and from around the world who are committed to TCF and continue to create awareness and raise funds for the
Education Programme.
On behalf of the Board of Directors.
___________________________
Syed Asaad Ayub Ahmad
Chief Executive Officer
12 August 2015
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