Pehli Kiran Schools' (PKS) approach to funding its operations is simple: limit overhead expenses and provide the maximum funds to support the day-to-day operations of the PKS system. In this regard, the management of the organization has been carried out by the Managing Trustee pro-bono, which financially benefited the organization since the start of operations in 1995.
Going forward - as the school system expands - more administrative resources will be required to manage operations. This will be done prudently to keep on-going expenses low, with a focus on continuing to provide quality education at competitive costs to our students. The average cost per student is about $100, one of the lowest cost primary education delivery models operating in Pakistan. It is an all-inclusive cost, covering student materials, uniforms, nutrition supplements, teacher salaries and all other operational expenses.
Over 80% of Pehli Kiran Schools' operating costs are funded through individual philanthropy and donations. Annual fund-raising campaigns are conducted by the Trustees, who solicit donations from established networks. In 2000, a significant donation was received from the late Mr. Jamshed Akhtar Qureshi. A range of in-kind donations is also accepted. For example, infrastructure-related materials, text-books, note-books, stationery and art supplies, school equipment, sports equipment, uniforms and sweaters, mobile telephones, laptops and desktop computers (new and used), tablets, office furniture and nutrition supplements for the children are amongst many generous contributions.
Development organizations have partnered to provide technical training, academic inputs, and initiatives like student health screenings. A wide range of co-curricular activities is carried out with support from partner organizations.
PKS charges a nominal fee ranging from PKR 40 – PKR.120 per student per month, to help validate demand for the services and encourage a sense of ownership and self-help within our communities. This nominal fee covers less than 10% of our total annual costs. PKS provides a range of materials and services to our students, including books, note-books, stationery, uniforms and sweaters, nutrition supplements, and other needs.
PKS pride itself on transparency, which includes external annual financial audits, carried out by reputable, independent chartered accountant firms. PKS audited financial reports are registered with the Federal Board of Revenue (FBR) as a tax-exempt non-profit Trust and certified by the Pakistan Centre for Philanthropy.