PPAF is sponsored by the Government of Pakistan and was launched as a public / private
partnership for delivery of resources and implementation of development projects
at the grassroots level.
The idea was to create a private-sector entity that assists the government yet remains
completely autonomous, independent and fully protected. PPAF is thus registered
as a not for profit company under the Companies Act of 1984 and retains minority
representation of the GoP on its Board of Directors (2 nominees represent the Ministry
of Finance and Ministry of Economic Affairs). The Government has provided an endowment
fund to PPAF worth Rs. 1 billion.