The 2025 financials.
The Foundation publishes audited financial statements every year. The figures below are from the 2025 audited statements, in Pakistani Rupees.
Where it went
| Program | PKR (2025) | USD (2025) | Share |
|---|---|---|---|
| The Qalam School | 19,962,903 | $71,424 | 40.6% |
| AAQ Health Program | 10,130,781 | $36,246 | 20.6% |
| AAQ Food & Ration Program | 7,126,948 | $25,499 | 14.5% |
| Administrative & Operations | 6,356,317 | $22,742 | 12.9% |
| Qalam Vocational Wing | 3,259,193 | $11,661 | 6.6% |
| AAQ Uplift Program | 2,274,779 | $8,139 | 4.6% |
| Total | 49,110,921 | $175,710 | 100% |
Brought forward from prior years, held as fixed assets, investments, loans receivable, and cash. Provides operating runway across fiscal years and supports the Uplift program’s revolving loans.
The Foundation’s 2025 statements were audited by an independent chartered accountant. The full audit report is available on request — please email qalamschool@gmail.com.
All figures in Pakistani Rupees. USD conversion is approximate, at PKR 279.5 / USD. The AAQ Foundation is a charitable trust registered in Pakistan. US donations are channelled through Friends of Qalam School, Inc., a 501(c)(3) nonprofit organization (Tax ID 45-4910908).