Strategic Action - Social Impact

The Foundation came into being on January 16 1999, and the Government registered the Deed of Trust. Sasi Foundation (SF) is a philanthropic and non-profit entity formed and supported by the Shroff family, their business and personal friends internationally and Sasi Group. The founders, trustees and sponsors are well-respected and successful corporate leaders, philanthropists, real estate developers, lawyers, investment bankers, wealth originators and entrepreneurs. These personalities Mr. Israil Menai, Mr. Firoz Shroff, Mr. Abbas Shroff, Mr. Saeed Y. Chinoy, Mr. Peter Thomas Yee and Mr. Waqas Muslim provided the resources to setup the Foundation under the leadership of Mr. Firoz Shroff. Click our founder's button to read more about these personalities.

The sponsors have pledged to provide the Foundation with time, experience and management during their lifetime. At this formulative stage provide necessary resources both dedicatedly and objectively to establish the roots of the Foundation. Make available the team's collective international knowledge, skills and wisdom of over 200 years for the benefit and successful development of the Foundation. The team also brings its global business transactions understanding, know-how and expertise for the advantage of the Foundation, values of that exceed substantial ten figure. The board members have collectively visited more than 200 countries and have insight to their customs, conditions and culture.

The board members were associated  and have utilized for their transactions the services of these reputed international companies in their respective field such as KPMG, Citicorp, Nomura, Arthur Anderson, IFC, Bear Stearns, Lehman Brothers, ANZ bank, Morgan Stanley, Goldman Sachs, African Banking Corp., Summit Bank, Grubb & Ellis, Prudential, Habib Bank AG Zurich, Wardley Real Estate Investment Bank, Hong Kong Shanghai Bank, Barclays Bank, Catalyst Capital Partners, J. Walter Thompson, Stanton Partners, Professional Modarba, Union Bank of Switzerland and Deutsche Bank. Also such firms as Morgan Greenfield and Peat Marwick including scores of other who have either merged or have been bought out.

The Foundation became operative on full time mandate by the Board to Mr. Firoz S. Shroff to manage this as its first Executive Chairman, CEO and Chief Trustee. It also appointed Mr. Israil Menai as its first Executive Vice Chairman and Abbas Shroff as it's President both generously agreed to provide their services for interim period until candidates of choice are identified that would provide succession for the growth of the Foundation.

The board further gave an international mandate to Chief Trustee to carry out extensive research, explore strategies and synergies to bring together commercial and social activities under a combine platform for social cause. Also, to evaluate, synthesize and magnetize self-sustaining models to stimulate business activities with social benefits reaching community at all levels.

The finding after several years of study, that social entities, not for profit, NGO's, and philanthropic organizations have least of experience to amalgamate and merge commercial and entrepreneurship side of elements and activities. It is considered a taboo to bring commerce to social sector. The conclusion,  to structure and develop self-sustaining models, methods, processes in the social sector, essential to power a new mindset in the philanthropy and social giving. To achieve this, it is requisite to promote cohesive relationship between commercial and social sector.

To accomplish this purpose globally it was necessary to explore and evaluate the best practices and improving upon it. The findings were apparent that the social sector needed to have entrepreneurial attitude and nature to bring tangible benefits to planned social giving and philanthropic cause. This gave innovation, motivation and verve to a creation of SOCIAL ENTREPRENEURSHIP platform at Sasi Foundation and new meaning to the cause of social giving.

Further, to, support, expand and build the Foundation activities in Social Entrepreneurship internationally. To achieve this it is undergoing a process of identifying and creatively using existing external resources to develop Social Entrepreneurial Centers ‘SEC'. These centers will be developed in affiliation and social partnerships with businesses, corporations, business schools and banking companies. It is currently evaluating offers received to open these SEC centers in Kenya, Pakistan, UK, Canada, USA, New Zealand, Australia and Dubai

The board approved and gave executive powers to the Chief Trustee to implement and to start practicing self-sustaining model for the combination of commercial and social forces to promote and develop Social Entrepreneurship activities and projects. To create an exemplary original global social wealth model that other social and commercial entity would follow in philanthropy.

The Foundation would promote the findings, be a catalyst and the facilitators to bridge the gap between commerce and philanthropy, to build the Foundation on new innovative practices and calibrate use of the following factors.

• Utilize by injecting intellectual power, endowed businesses and assets for social cause into quiescent public listed companies to create social entrepreneurship values in a transparent form as socially conscience managed companies.
• Bequests, endow, donate and gift stocks of these listed public companies to social organizations for them to have wealth ownership and income through dividend thus becoming self-reliant.
• Offer ownership to other stakeholders such as management to provide long-term commitment, social equity investors, to endowed businesses, asset contributors, equity holders, employees and customers.
• Induct and maximize the power of franchising, branding, royalty concepts through optimum value proposition in Social Entrepreneurship.
• Optimum use of the strength of internet, e-commerce and IT in Social Entrepreneurship.
• Provide and participate in Social Entrepreneurship solutions and alternatives for layoffs/employment issues to private/public listed companies.
• Provide Social Entrepreneurship strategic vision to business process outsourcing.
• Promote new mindset from employment to social entrepreneurship.

Foundation will play the role of catalyst in social entrepreneurship, structure control of re-organized entities to operate them successfully and create social management teams in partnership with social equity stakeholders.

To achieve the above model Sasi Foundation has adopted new operating strategies i.e. not to reinvent resources but to utilize existing ones by outsourcing through business, professional and social affiliation and collaboration. To implement this social engineering plans globally, it invites participation of companies, experienced professionals, business and social consulting organizations.

To support change management and experience in developing organization's maturity, systems, procedures and operation skills foundation will consider friendly buy-into existing international  businesses and consulting firms and practices. It will also assist professionals to start-up synergic entities that can provide innovative working models to add social values to increase the Foundation cause in social entrepreneurship activities globally. The field will be human capital development, headhunting and growth, social and economic development, business augmentation, entrepreneurship intensification, social venture investment and social financial planning.

To support Sasi Foundation Social Entrepreneurship objectives and model The Shroff family members, several professional community individuals and friends have planned to endow their non-tangible, tangible assets and part of their future wealth. All participants believe that our social entrepreneurship model though time taking but it will have perpetual and longer term effect to serve good social cause. It will assist people with initiatives to become entrepreneurs at microscopic, micro, small and medium enterprise levels. The supporters and Sasi Foundation are committed to the success and have pledged, be-quested, endowed and given control, rights and access to many assets and resources as part of social entrepreneurship contribution as under:

• Endowment of Future Lifetime Ownership of various brands that have local and global values.
• Control of International Deal Centre (IDC) that has more than 11,000 contact base, twenty-six active deals and proprietary intellectual capital bank.
• Control of urban and rural land bank for development of University Campuses, Medical Centers and Educational Complexes.
• Partnership in real estate ventures both locally and globally with rights to develop  them with respective professionals in their field as social entrepreneurial partners.
• Commitment of several corporate leaders, retired executives, professional managers  and individuals to dedicate and provide their valuable time resources to innovate financial capital, human capital, intellectual capital, management and entrepreneurial experiences.
• Major control of operating businesses given by retiring and senior professional as part of their succession plan both at formulative and operative stage in service sector such as Custom Design Home Company, Architectural and Interior Design Turnkey Services, Human Resource Consulting Service, Specialized Real Estate Businesses, M&A Practice, Real Estate Brokerage Services, Corporate Consulting and Social Entrepreneurship Consulting.
• Controlling shares of public listed companies on various stock exchanges for social re-engineering to merge socially viable businesses into them, attract new dynamic management to create values and finally distribute substantial holdings of the listed shares to other social organization that are playing social entrepreneurship role globally.

The Foundation has started formulating models to implement these projects based on the above strategic factors with professional partners in US, Canada, UK, Australia, New Zealand and Pakistan. 

We are being invited internationally by private wealthy business owners from various sectors who wish to venture into  philanthropy through adoption of our Social Entrepreneurship program, model, process and plan. These new philanthropist wish to adopt our model to combine various issues and challenges to find alternatives, possibilities and choices. They are looking for answers to several agendas including their personal aspirations, family issues, business stagnation and expansion, family and corporate succession, global growth plan in these uncertain  social and economic conditions and philanthropic giving.

We welcome alliances with attorneys, lawyers, accountants, consultants, investment bankers, business planners, stockbrokers, strategists, economists, sociologists, philanthropists and entrepreneurs to partner with us on our existing and  new projects. Please contact us to share and participate in these projects as our social entrepreneurship  partners so that we can work together as a team through collaborative creativity in the following areas.

• Social Wealth Origination

• Social Wealth Creation

• Business Transformation through Social engineering

• Magnetizing Entrepreneurial Values for Social Growth

• Global Penetration Strategy with Social Cause

• Social Business Design and Architecturing

• Scenario Planning with Social wealth creation for communities

• Future Integration for Royalties from Social Branding

• Business Convergence Diagnosis with Community Wealth Creation

• Precision Marketing/Merchandizing for Social Wealth Engineering

• Data, Information, Knowledge, Understanding, Wisdom and Assimilate them into a Global Social Wealth Train  

• Knowledge Management for Corporation with Social Cause

• Social Valuefacturing

• Synthesize Structures, Systems, Processes, and Patterns into Seamless and Perpetual Universal Social Wealth Generating Entity

Home ∙ Who We Are - About Us ∙ Our Mission ∙ Our Founders ∙ Our Background ∙ Our Support Team ∙ Sponsors Business Activities ∙ Participate in Our Projects ∙ Pictures of Projects ∙ Financial Resources ∙ How Sasi Came into Existence ∙

Sasi Making History ∙ How We Are Different ∙ Careers ∙ Resources of the Foundation ∙ The Social Idea Factory ∙ Sayings ∙ Friends of Foundation ∙ Site Map ∙ Location Map ∙ Links ∙ FAQ's ∙ Contact Us ∙ Newsletter ∙ Search