Shifa Foundation has four tiered structure i.e. Development experts at the leadership and governance level, Sector Specialists at the management and execution level, qualified and experience staff at the implementation level, and community groups/activists/volunteers at grassroots level. Board of Governors (BoG) makes policies and supervise the implementation of these policies. Executive Director is the Head of the organization and execute policies of the organization through sector specialists and their teams while Project Managers/Coordinators are working at field level to implement the projects as per the project design. Community Groups and volunteers support the project interventions in their respective areas.
Shifa Foundation has an independent and involved Board of Governors (BOG). It’s the highest forum that provides overall strategic guidance to the organization. The ToRs of the BOG and its constituent bodies are well-defined and documented.
The Board also approves the long and midterm Strategic Action Plans (3–5 years), which set the overall direction of the organization. Annual operational plans are derived from these Strategic Action Plans.
The Executive Committee is the main executive decision-making body of Shifa Foundation and serves as the primary forum where members take key decisions. It oversees the full scope of SF’s work and leads performance improvement and change initiatives across the organization.
Shifa Foundation’s Audit Committee operates under the Board of Governors and is responsible for overseeing financial reporting and disclosures. The committee includes members of the Board along with financial professionals. The Chairperson is selected from within the committee members.
The Compliance Unit is an independent entity directly reporting to the Board of Governors (BOG). It comprises a Compliance Manager and an Internal Auditor who manage and oversee internal control systems to prevent or address violations of legal guidelines and organizational policies.
The Compliance Unit identifies gaps in policy formulation and implementation, conducts Risk Assessments and Internal Audits, and reports to the Audit Committee to ensure transparency and smooth functioning of all ongoing activities.
Accounting practices at Shifa Foundation follow the accounting manual based on Generally Accepted Accounting Principles (GAAP). The Foundation is audited annually by a reputable audit firm. The accounting system is Oracle-based and was developed by Sidat Hyder.
Bank Name: Al Baraka Bank
Account Title: Shifa Foundation – HAP
Account: 01101-55388-059
Bank Name: Faysal Bank
Account Title: Shifa Foundation
Account: 0169150900218363
Zakat Account
Bank Name: U MICRO FINANCE BANK
Account Title: Shifa Foundation
IBAN: PK93UMBL0051000062540066 Branch Code: 510 (Rawalpindi Branch)