Shaheen Foundation was established in 1977 under Charitable Endowment Act 1890, To promote welfare activites for the benefit of PAF Personnel including Civilians and their dependents by generating Funds through Industrial and Commercial Enterprise.The Foundation has its Head Office in Islamabad while the projects and subsidiaries are located throughout the length and breadth of Pakistan. Shaheen Foundation has grown into a reputed business group.
The Foundation has total Assets close to Rs 11 Billions. It has always been the endeavour of the Shaheen Foundation to identify and make long term investments in profitable ventures of national importance. Shaheen Foundation extends its welfare services in the sector of Employment, Education, Health, Engineering, Services, Production, Construction Works, Housing & Advertising. It has more than three thousand Employees on its strength out of which seven hundred are ex-PAF Personnel.
The Foundation facilitates retired PAF Personnel in seeking jobs in civil sector within the country and abroad. Shaheen Foundation provides different Scholaships and Fellowships at Graduation/ Master level to the talented children of ex-PAF Personnel. Moreover, all serving PAF Personnel are members of Medical Welfare Scheme through which they are compensated for death / permanent disability during service. Additionaly PAF Personnel are provided Financial and Medical Grants at the time of such need.
The policies of Shaheen Foundation are framed and governed by the Committe of Administration (CoA) and are implemented by Managing Director of the Foundation. Cheif of the Air Staff is Chairman of the Committee of Administration besides the Commitee comprises of Principal Staff Officers of the Pakistan Air Force while the Foundation is represented by the Managing Director.