Foundation for Parliamentary Studies and Development (FPSD) is a non-profit institution established in 2055 BS (1998 AD). Since its establishment, FPSD has been working for democracy, better parliamentary practices and responsible government. FPSD has obtained consultative status from the parliament of Nepal and has been facilitating parliamentary practices in crucial times for building national consensus. FPSD is also a resource for young and aspirant parliamentarians to seek knowledge and support in the areas of parliamentary affairs. 

 The first elected Speaker of the House of Representative of Nepal late Mr. Damannath Dhungana was the founder chairperson of FPSD. After sad demise of Mr. Dhungana, Vice-President Mr. Deep Kumar Upadhyay, former minister and former ambassador, has taken over the leadership of FPSD whereas next generation of leadership is also being prepared. The Executive Committee of FPSD maintains socio-political balance to hear all voices in the society and FPSD has been established a common platform for people from all sections of society. The general operation of the institution is led by Executive Director Mr. Som Bahadur Thapa, former Secretary of Nepal Government, who has experience of working in the parliament over 30 years.