Putera Sampoerna Foundation (PSF) is a

social business Social business was defined by Nobel Peace Prize laureate Professor Muhammad Yunus and is described in his books. In these books, Yunus defined a social business as a business: * Created and designed to address a social problem * A non-loss, no ...

institution in Indonesia, founded by tobacco heir

Putera Sampoerna Putera Sampoerna (; Hokkien: Liem Tien Hie; born 13 October 1947 in Schiedam) is an Indonesian businessman. As of 2016, he had an estimated net worth of US$1.8 billion. Putera Sampoerna gained his wealth as heir to the Sampoerna cigarette ...

. PSF is a consultant for, and operator of,

corporate social responsibility Corporate social responsibility (CSR) is a form of international private business self-regulation which aims to contribute to societal goals of a philanthropic, activist, or charitable nature by engaging in or supporting volunteering or ethicall ...

programs. The Foundation has 4 focuses of influence: ""quality education for high-achieving, but underprivileged students, job creation through entrepreneurship development programs, public enlightenment through the empowerment of women, and the distribution of aid and relief programs for compassionate and disaster relief."

History

In 2001, tobacco heir

established the Putera Sampoerna Foundation (PSF). PSF is chaired by Michelle Sampoerna. As of a 2012 press release, PSF has disbursed more than 34,600 scholarships, organized workshops for more than 19,000 teachers and headmasters, and adopted 23 public schools and 5 Islamic elementary schools (

madrasah Madrasa (, also , ; Arabic: مدرسة , pl. , ) is the Arabic word for any type of educational institution, secular or religious (of any religion), whether for elementary instruction or higher learning. The word is variously transliterated '' ...

). Putera Sampoerna Foundation established Sampoerna Academy (an international boarding high school), the Sampoerna School of Education, and the Sampoerna School of Business. Ethical concerns have been raised about the foundation for its ties to the tobacco industry. The Foundation receives charity funds from

Philip Morris International Philip Morris International Inc. (PMI) is an American Multinational corporation, multinational tobacco company, with products sold in over 180 countries. The most recognized and best selling product of the company is Marlboro. Philip Morris I ...

, which owns

Sampoerna PT Hanjaya Mandala Sampoerna Tbk, commonly known as Sampoerna (), is an Indonesian tobacco company owned by Philip Morris International. Sampoerna is the largest tobacco company in Indonesia. It produces clove cigarettes, otherwise locally known ...

Business units

PSF has several business units: Koperasi Siswa Bangsa, Sampoerna Academies, School Development Outreach, Sahabat Wanita, Bait Al-Kamil, and MEKAR. The largest unit, constituting roughly one-half of all foundation personnel, is the foundation's university entitled Universitas Siswa Bangsa Internasional.

References

External links

* {{Authority control Foundations based in Indonesia Organizations based in Jakarta Sampoerna family