The endowment Fund trust state University Lahore (GCU-EFT) raised RS. 38.4 million in donations from the old Ravians, philanthropists and various institutions for the last fiscal year 2019-20. This was revealed in the 21st meeting of the Executive Committee of the Fund chaired by icon business Mr. Iqbal Z. Ahmed.
A famous industrialist MIAN Misbah ur Rehman, a prominent radiologist, Dr. Safdar Ali Malik, former Federal Secretary Kazi AFAQ Hossain and entrepreneur Mr. Javed Habib Oberoi participated in the meeting. Later, Vice-Chancellor Professor Asghar Zaidi also joined in and met with the members of the Executive Committee of the Fund.
Presenting annual report, Professor Dr. Khalid Manzur, Dean of the faculty of arts and social Sciences and EFT Executive Committee Secretary, said that the Fund, created several years ago to support countries facing financial difficulties of University students, has already swelled to RS. 448.1 million
The Executive Committee of EFT decided that this year, the trust will award scholarships in the amount of RS. 40 million to accommodate more than one thousand deserving students GPA. However, last year, the trust was awarded 800 scholarships to students worthy in the amount of RS. 22.3 million.
Iqbal Z., Mr. Ahmed said that GCU was the only University in the state sector to this unique and the role model mechanism to help vulnerable students. The Executive Committee expressed its appreciation for the sincere and untiring efforts of prof Dr Khalid butt for raising the largest amount for one year at GCU electronic.
The Executive Committee also assured the Vice-Chancellor to provide funds for the establishment of a state-of-the-art business school and a hostel for girls in GC University Lahore.
Later, Mr. Iqbal Z. Ahmed and MIAN Misbah ur Rehman was unanimously elected President and Vice-President of the GCU-EFT Executive Committee respectively.
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