GCU Endowment Fund Trust gets Rs 2m donation

Author: News Desk

Dr. Masood Akbar, an expatriate Old Ravian, has given yet another donation of Rs. 2 Million to the Endowment Fund Trust of Government College University Lahore (GCU-EFT) for initiation of two more Golden scholarships for deserving students after the names of his dear ones.

Dr Khalid Manzoor Butt Secretary Executive Committee GCU-EFT has disclosed that Dr Akbar has already initiated four golden scholarships in past and tally of his sponsored perpatual scholarships has risen to sis. He added the original amount of donation is never be spent by the Trust, and only the income earned on donation, is used for scholarships. He shared that the total number of golden scholarships in the GCU-EFT has risen to 123 now.

Mr. Iqbal Z. Ahmed, the President of the Trust said these perpetual golden scholarships shall be given to financially-challenged students on need basis every year for ever. He believed that sponsoring education of deserving student is the best way of charity which can bring qualitative change in society. He said each golden scholarship covers university fee as well hostel expenses of one deserving student every year.

GCU-EFT Executive Committee members Mian Misbahur Rehman, Dr. Parvez Hassan, KaziAfaq Hossain, Dr. Safdar Ali Malik, Mr. Javed Habib Oberoi, Mian Ashraf also appreciated and welcomed the donation of DrFarouq.

Vice Chancellor Prof Dr. Asghar Zaidi also applauded this great gesture of Dr. Akbar and appreciated the efforts of the Executive Committee for the Trust and GCU.

Iqbal Z Ahmed stated that it’s indeed a proud moment that with the sincere and untiring efforts of Dr. Khalid Manzoor Butt this generous donation is received. Every year, hundreds of deserving students are benefited to complete their academic programs for GCU. He further assured that we will continue our efforts for the welfare and development of our Alma Mater.

Share
Leave a Comment

Recent Posts

  • Pakistan

SBP Celebrating MSMEs Day on June 27, 2024

    On the occasion of the United Nations day on Micro, Small, and Medium-sized…

8 mins ago
  • Pakistan

Cabinet gives go-ahead for Operation Azm-i-Istehkam

The federal cabinet decided on Tuesday that no new duty will be imposed on solar…

5 hours ago
  • Pakistan

Bilawal urges opp to shun protests, come up with solutions

Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto-Zardari has called on the opposition parties to work…

5 hours ago
  • Pakistan

Pakistan extends olive branch to India

Pakistan on Tuesday said it does not believe in "perpetual hostility" with India, urging the…

5 hours ago
  • Pakistan

IHC rules phone tapping without law ‘illegal’

The Islamabad High Court (IHC) in the audio leaks case ruled on Monday that any…

5 hours ago
  • Pakistan

SC stresses on proportional representation for reserved seats

Supreme Court's Justice Ayesha Malik on Tuesday emphasized that seats should only be allocated based…

5 hours ago