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RESPONSIBLE BUSINESS: Empowering Communities, Sustaining the Environment

PBSP MEMBER COMPANIES as of December 2009

A GOOD COMPANY need not work alone

W e w o r k b e t t e r. . . t o g e t h e r !

39 years of corporate citizenship

OUR VISION To lead the business sector’s efforts to reduce poverty in the Philippines.

OUR MISSION PBSP is committed to poverty reduction by promoting business sector leadership in, and commitment to programs that lead to self-reliance.

OUR STRATEGY PBSP shall concentrate on area-based and sector-focused programs using business resources and technology that will promote self-reliance and implement them in partnership with other NGOs and stakeholders, ensuring that efforts are orchestrated and integrated to achieve desired outcomes and impact.

TABLE OF CONTENTS Statement of Commitment 06 - The Year at a Glance 07 Chairman’s Message 08 - Reaping a Good Harvest Today, Planting for Greater Yields Tomorrow 10 - Business Addresses Sustainable Development 26 - The Year in Review 36 - Treasurer’s Report 58 - Audit Committee Report 60 - Financial Statements 61 Officers and Staff 79 - Our Donors 90 - Our Partners 96

ABOUT THE COVER The empowered Filipino rising from poverty is at the heart of PBSP’s sustainable development strategy. We strive to transform the poor into productive contributors to their communities’ development and nurturing caretakers of their environment.

Philippine Business for Social Progress


FIRST Private enterprise, by creatively and efficiently utilizing capital, land and labor, generates employment opportunities, expands the economic capabilities of our society, and improves the quality of our national life.


The most valuable resource in any country is the person. The higher purpose of private enterprise is to build social and economic conditions which shall promote the development of the person and the well-being of the community.


The growth and vigorous development of private enterprise must be anchored on sound economic and social conditions.


Private enterprise must discharge its social responsibility towards society in a way which befits its unique competence. It should involve itself more and more in social development for the total well-being of the nation.


Private enterprise is financially and technologically equipped to participate actively in social development. In terms of scientific technology and managerial competence, private enterprise can help provide the total approach for social development in our depressed communities.


Private enterprise, together with other sectors of society, shares obligations and responsibilities, which it must discharge to the national community. The ultimate objective of the private enterprise is to help create and maintain in the Philippines a home worthy of the dignity of the person. Therefore, To better fulfill its social responsibilities, private enterprise must earmark a portion of its income for social development. We hereby declare our commitment to the PHILIPPINE BUSINESS FOR SOCIAL PROGRESS, which shall be private enterprise’s social development arm dedicated to the empowerment of the poor and self-reliance of communities.


PBSP Annual Report 2009

THE YEAR AT A GLANCE For fiscal year October 1, 2008 to September 30, 2009

PHP 71.54 million

APPROVED FINANCIAL ASSISTANCE Total Amount : Php 512.17 million

from PBSP member companies

PHP 253.05 million

By Type of Assistance GRANTS - 375.39 million

from donor agencies and non-member companies

1 2 3

PHP 398.67 million

grants and financial advances approved

PHP 308.68 million

grants and financial advances disbursed

DEVELOPMENT LOANS - 113.5 million

FINANCIAL ADVANCE - 23.28 million

By Fund Source RESTRICTED 483.79 million

PHP 113.50 million

UNRESTRICTED - 28.38 million

MSME loans disbursed


By Program Type

new projects



INFORMATION TECHNOLOGY 21.73 million WATER & HEALTH 179.15 million



households reached

EDUCATION 79.60 million INSTITUTIONAL SUPPORT 17.6 million


RESPONSIBLE BUSINESS: Empowering Communities, Sustaining the Environment



My dear friends An extraordinary occurrence reminded us that all humanity are part of one rich tapestry—the basic fabric of which has been laid out as a gift from nature—but whose design is woven by each of us through our individual and collective action. Typhoon Ondoy, according to scientists, was a rainfall event that statistically occurs once in 180 years. Not one of us will forget those days last year when our homes, livelihood, and businesses were flooded by the unceasing rains of typhoons Ondoy, Pepeng, and Santi. Our Foundation responded quickly to these disasters with a PHP 5 million relief-andrehabilitation fund approved by your Board of Trustees. Members swiftly widened our reach through contributions in cash and in kind, and by sending volunteers to help. Thank you so much for this bayanihan spirit, which brought immediate relief particularly to our assisted communities in Metro Manila and Central Luzon. Regrettably, these disasters occurred at a time when businesses were still feeling the adverse effect of the global financial crisis which started late 2008. Despite the difficult times, the membership contributed PHP 71.54 million pesos to fund the Foundation’s poverty reduction programs. This attracted PHP 253.05 million pesos from donor agencies and non-members, who continue to regard PBSP as the strategic steward of their resources and their partner in development. We are indeed grateful for our partners’ confidence in PBSP. With these resources, we stepped up our operations and assisted more than 200,000 families this year – particularly in the poorest rural communities. We disbursed PHP 422.18 million in grants and loans, an increase of 22% from last year. Likewise, new project approvals increased to PHP 398.67 million or 12% higher than last year. We welcome 17 new members who have committed to practice corporate citizenship together with PBSP.


PBSP Annual Report 2009

We begin this year, the first of our 8th FiveYear Plan for Poverty Reduction, faced with the more daunting task of rehabilitation. That said, our past efforts should provide us the confidence to engage this rehabilitation work with the damaged communities along the principles of risk reduction and sustainable development. Today, with more than 30% of Filipinos living in poverty and exposed to new threats from our despoiled environment, we must ring the bell of corporate social responsibility more loudly. We challenge corporate citizens to allocate more resources for poverty reduction and sustainable development. We urge businesses to innovate in order to attain greater symbiosis between economic development and environmental sustainability. After all, it is said that “The time is always right to do what is right.� Indeed, the time to build and rebuild better communities is now. Every new day presents an opportunity to improve lives, create livelihood and community wealth, educate a child, prevent diseases, and protect the earth. Together, we can help the poor mold a brighter future for his family with the strength of his own hands. Thank you and may God bless PBSP and our country.

Manuel V Pangilinan Chairman

RESPONSIBLE BUSINESS: Empowering Communities, Sustaining the Environment


REAPING A GOOD HARVEST TODAY, PLANTING FOR GREATER YIELDS TOMORROW Tapped by the United Nations to spearhead the promotion of the Millennium Development Goals to the business sector, PBSP’s 7th Five-Year Plan, which ended in 2009, outlines our strategy to mobilize the sector to help achieve the MDGs. This we did by facilitating a square-table discussion on the country’s MDG accomplishments, the factors that hinder the attainment of targets, and opportunities for business involvement. We developed a roadmap for Philippine business leadership in responding to the Millennium Development challenge. Promoting the MDGs This year, our Center for Corporate Citizenship launched the MDG Menu of Social Programs for members and business groups to adopt. We pursued the following MDG advocacy activities: 1) The Business and MDG Environment Cluster launch—in partnership with Philippine Business for the Environment (PBE), Earth Day Network and Pollution Control Association of the Philippines, Inc. (PCAPI)—of the Zero Basura Olympics for Business, a competition that supports the Ecological Waste Management Act 2001 by recognizing innovative and effective solid waste management practices of businesses; 2) formation of a core group among Pilipinas Shell Foundation, Inc., UNAIDS, International Labour Organization (ILO), Philippine National AIDS Council (PNAC) and PBSP to drum up the business sector’s response to HIV/AIDS following alarming reports that infections among the productive age group in Metro Manila has increased sharply; 3) MDG campaign in five cities, through the Family-based Actions for Children and Environs in the Slums (FACES), reaching about 60 businesses and encouraging alignment of their CSR initiatives with the LGUs’ MDG programs; and


PBSP Annual Report 2009

By Pedro E. Roxas Chairman, Corporate Citizenship Committee Lead Convenor, Business and the Millennium Development Goals

4) formation of the Poverty Cluster Sub-committee on Human Settlements composed of utilities and construction companies, and pilot run of its first project, a medium-rise housing project at SANAHACO 1 in Pasay for 120 families. Our Working Youth and YuPPeace programs encouraged companies to provide opportunities for out-of-school youth and young Muslim professionals from the Autonomous Region in Muslim Mindanao (ARMM) to develop better skills for employment. Expanding our Membership We continued to expand PBSP’s membership and encouraged collective participation in our corporate citizenship programs. We are pleased to welcome 17 companies, bringing our membership to 255. The new members as of December 2009 are: Bangko Kabayan; BIOESSENCE; CIBO, Inc.; Camamiq Foods, Inc. (Johnny Rockets); CDO Foodsphere, Inc.; Espina, Perez-Espina & Associates, Architects; Golden Prince Hotel & Suites; HSBC Philippines; M&H Food Corporation; Sagittarius Mines, Inc.; The MayFlower Inn; TSM Shipping (Phils.) Inc.; Virginia Foods, Inc.; Bohol Resort Development, Inc.; Philpacific Insurance Brokers & Managers, Inc.; Sunstar Publishing, Inc.; and VIVANT Corporation. Members and employee-volunteers contributed to campaigns, such as the Department of Education’s Brigada Eskwela to provide assistance to public elementary and high schools. Members also responded to the needs of communities affected by calamities such as the flooding in Misamis Oriental, fire in Zamboanga City, and Typhoons Ondoy and Pepeng. The Motolite-PBSP Balik Baterya program collected approximately 320 tons of used

“…there are already green shoots of companies that are seamlessly integrating social development into their core business.”

lead-acid batteries for recycling, and generated PHP 6.5 million from members and other donors. The funds were allocated for various infrastructure and education projects.

Harvesting the fruits of corporate citizenship At the end of the 7th Five-Year Plan, we are seeing a rich harvest of member-companies contributing significantly to the MDGs. On top of their support to the programs of PBSP, members implement their own corporate citizenship programs.

The vignettes that follow demonstrate how 49 PBSP members, both large and small, are undertaking corporate citizenship programs in health, poverty, environment, and education.* They disprove the notion that only large companies are capable of doing well, and only small companies are capable of innovation.

PBSP’s 8th Five-Year Plan outlines a broad strategy of elevating social development from an add-on function of corporations, to being central and strategic to business. This direction parallels PBSP’s shift of focus from corporate social responsibility, which implies the obligations of business to the less privileged — meaning business doing good for the poor — to corporate citizenship, which implies obligations of business to all of society, meaning business doing good with the poor. As the vignettes show, there are already green shoots of companies that are seamlessly integrating social development into their core business.

These companies and many others realize that greater alignment between a social development agenda and business objectives and operations ensures sustainability and greater effectiveness of their social investment. They join others in believing and proclaiming that social development must be planted firmly at the core of the business.

* The Editorial Team acknowledges with thanks the member companies for these CC project briefs.


PBSP Annual Report 2009

And the Philippine business community is proving to be fertile soil indeed.

ABOITIZ GROUP OF COMPANIES Aboitiz Foundation, the social development arm of the Aboitiz Group of Companies, implements a range of social projects on microfinance, primary health and childcare, and education. The Aboitiz Group includes PBSP members, Davao Light & Power Company, Cotabato Light & Power Company, Aboitiz Jebsen Bulk Transport Corp., Aboitiz & Company, Inc., PILMICO Foods Corporation and UnionBank. Aboitiz believes that offering support in education and technical training creates the greatest value for beneficiaries. Aboitiz companies from Luzon to Mindanao join other businesses in offering employment to qualified scholars. UnionBank spearheads the award-winning “As a Filipino Learning System,” which integrates values education and responsible citizenship in the curriculum of grade school students. Aboitiz Foundation is one of the proponents of the Coalition for Better Education (CBE), the first of its kind in the country, which aims to support reform initiatives in the Philippine education system. Nationwide, Aboitiz supports 1,300 scholars annually, and has trained 8,864 teachers, built 215 classrooms, distributed 363,511 books, refurbished 57 computer laboratories, donated 872 computer hardware with licensed software, and provided 15 library kits in addition to refitting two libraries.

AIRLIFT ASIA, INC. Airlift Asia Inc., (AAI) had for years initiated small-scale CSR activities within the company. Recognizing the need for a more structured and institutionalized program, AAI approached PBSP in 2003 and has since been a stalwart member. The company actively participates in several PBSP-led STEP-UP activities including: Enhancing Young Minds, Never Too Late To Learn, Road Less Traveled, and Bahay-nihan. AAI employees take part in a formal volunteerism program and individually render at least 24 hours of CSR work per annum, in addition to participating regularly in blood-letting drives. The company and its employees recently participated in a large-scale housing-for-the-poor project in Parañaque City. The company also supports green projects such as the Balik Baterya (a recycling project), tree-planting activities, and has adopted a Philippine Eagle as its contribution to national conservation efforts.

A. SORIANO CORPORATION (ANSCOR) The Andres Soriano Foundation, Inc. (ASF) has been helping the Palawan islands protect its coastal environment through the provision of assistance in establishing environment-friendly livelihood enterprises, delivery of basic social services, among others. These initiatives are ably supported by Amanpulo in Pamalican Island where eighty percent of the staff employed at the resort comes from ASF’s major community stakeholder - the village in Manamoc Island. The ASF established a 108–hectare Marine Protected Area in partnership with the community to conserve coral reefs and ensure food security. Regular reef check monitoring and fish visual census had been conducted to ensure the improvement of live coral cover. The result of the latest check showed a marked improvement with a 75% cover, compared to last year’s 51%. An increase in fish catch among local fish folks was also noted. Furthermore, ASF protects the Manamoc Island’s Mangrove Forest whose primary function is to provide food and habitat for mollusks, shells, various fish species, and crabs in the area.

ANFLO MANAGEMENT AND INVESTMENT CORPORATION The Antonio O. Floirendo, Sr. Foundation is the CSR arm of the Anflo Management and Investment Corporation (Anflocor). It actively extends community-based assistance to several barangays in Mindanao. One of its advocacies is children’s health, which motivated the company to launch a unique and highly successful feeding program. The Floirendo Foundation adopted the Enhanced Feed A Child (EFAC) Program in 24 barangays across Panabo City, Davao City, and Bukidnon Province in Mindanao. The feeding project provides children with a fortified mix of rice and lentil with 25 essential vitamins and minerals, which is added to arroz caldo and chocolate porridge. The program has reduced malnutrition rates in partner-barangays to nil. One beneficiary Barangay Nutrition Scholar (BNS) received the 2008 National Outstanding BNS from the Department of Health.

RESPONSIBLE BUSINESS: Empowering Communities, Sustaining the Environment


BANGKO KABAYAN (A RURAL BANK), INC. Bangko Kabayan celebrated its 52nd year of operations with intensified environment advocacy. The bank takes every opportunity to reduce its impact on the environment through recycling and re-using, enforcing a paperless internal communications system, and reducing electric consumption throughout its business. In 2009, BK was one of the most enthusiastic supporters of the re-planting activity at the Caliraya Watershed in Laguna as a member of the Rainforest Organizations and Advocates to 2020 Movement, which aims to restore one million hectares of native tree species. Nearly half of the seedlings at the location were donated by BK and planted by eager employee volunteers. A month after, some of the bank’s employees traveled twice from Batangas to Bagong Silangan, Quezon City in the aftermath of Typhoon Ondoy to distribute 1,000 relief packs.

BRILLIANT METAL CRAFT AND MACHINE DESIGN Brilliant Metal’s proprietor, Edward M. Dampor, Sr., has nurtured the company to become the business success it is today. He recognizes the importance of a skilled workforce, imbued with the values of innovation and efficient workmanship. Dampor sees this trained workforce as the future of his business and of a progressive society. Realizing that his contribution to the public good lies in sharing his technical knowledge and work ethics, he established the BMC Training Center for Welding and Fabrication. Since 2005, the center has trained students with no previous vocational knowledge or skill and transformed them into world-class 6G welders in 45 days. In each enrollment group, the training center ensures that a percentage of trainees receive full scholarship.

DDB GROUP PHILIPPINES In 2009, DDB Philippines, Inc. pledged its commitment to the AKO MISMO campaign. The company, through the AKO MISMO campaign, recognizes the solemn dignity in the efforts of each person, no matter how small. DDB hopes to prove that the power of collaboration can bring forth fertile new economy of conviction and action. Led by Group President and CEO Gil Chua, the company volunteers the time, skills, and talents of its employees to stir a sense of empowerment within every citizen. With AKO MISMO, DDB hopes to set in motion the efficient exchange of good deeds from those prepared to give with those who need it most. Guided by this aspiration, the company mounted group efforts for commonly valued causes such as the Typhoon Ondoy Relief Operations. DOW CHEMICAL PACIFIC, LTD. Dow Chemical Pacific, Ltd.’s 2015 Sustainability Goals embodies the company’s commitment to community sustainability. It focuses on strengthening relationships and sharing resources with the community, providing both long-term and emergency relief assistance. In partnership with PBSP, Dow Chemical installed a purified drinking water facility at the General Santos City District Hospital, the largest public hospital in the area catering to residents in the poorest parts of the city and nearby municipalities. The project reduced the threat of contaminated water and improved the hospital’s delivery of healthcare and medical services to the needy. Dow Chemical also launched multiple relief efforts in the aftermath of Typhoon Ondoy and cosponsored the PBSP-led relief operation. Sharing both time and resources, Dow’s volunteer employees donated goods and person-hours to provide assistance to over 300 families. The Dow Chemical Company Foundation, the philanthropic arm of Dow in the United States, also donated US$50,000 to the Philippine Red Cross.


PBSP Annual Report 2009

EAST-WEST SEED COMPANY, INC. Recognizing quality education as seeds of change, the East-West Seed Company (EWSC) provides multiple scholarship and livelihood assistance to farmers’ families and farming communities. Beneficiaries include 54 high school students from Northern Luzon and four college students in Luzon, Visayas and Mindanao. The company also implements a novel scholarship project called Utanon sa Kaugmaon (Vegetables for the Future), which enables underprivileged college students to earn money for their tuition and other expenses while honing their skills in farming high-value vegetables. EWSC provides the seeds and other inputs while the Visayas State University provides the land and management assistance to the students. The company also provides education and advocacy assistance to grade school students by allocating PHP1.00 for every seed pouch sold to introduce young children to the science and pleasure of growing and eating vegetables.

ePLDT SPi, an ePLDT subsidiary, through its SPi Technologies Foundation, provides needy students with training in employable skills to increase their chances of securing a job. The SPi Foundation holds computer training programs in various SPi Computer Learning Centers across the country. It provides college scholarships and conducts job seminars for beneficiaries. Scholars and participants are also offered SPi’s pre-employment examinations for an opportunity to work with the company. The SPi Foundation receives overwhelming support from SPi employees worldwide, who donate their time and expertise to several projects. Employees in the Philippines volunteered 600 hours to train scholars under the SPi Foundation’s scholarship schemes. The company’s employee volunteers also donated their time to build 35 houses and a multi-purpose hall, as well as 200 hours of emergency relief activities to help the victims of Typhoon Ondoy.

FILWAY MARKETING, INC. Filway Marketing funds a literacy program for children in a number of partner public schools through its Acts of Hope for the Nation (AHON) Foundation. AHON aims to help increase literacy in the Philippines and promote a culture of reading and learning among public school children. The company believes the success of the project rests on the commitment of the beneficiary communities; thus, it organizes multisectoral meetings to encourage all the stakeholders in the project to contribute time and effort. With the help of the community, AHON transforms old public school libraries into fun-filled learning environments for children. Outdated and damaged materials are replaced with brand new Time–Life books from Filway, including science encyclopedias, storybooks, multimedia kits, general information books, and other educational materials. To date, the Foundation has improved 27 public elementary school libraries in Metro Manila, and donated books to over 140 schools in Visayas and Mindanao.

GEISERMACLANG MARKETING COMMUNICATIONS, INC. GeiserMaclang believes it is in a unique position to develop social programs not only for itself but also for its clients. For Brad Geiser, the company’s Managing Director, carefully planned and managed advocacy initiatives can be a strategy for success in creating a win-win situation for both society and business. GeiserMaclang leads by example, and its numerous advocacies including partnerships with PBSP, Virlanie Foundation, and Autism Society of the Philippines pave the way for other corporations to reassess their current programs and adapt them to the changing needs of society.

RESPONSIBLE BUSINESS: Empowering Communities, Sustaining the Environment


GOODWILL TRADING CO., INC. / GOODWILL BOOKSTORE Goodwill Trading’s community development programs are conceived to address environmental issues, support foundations for children, and provide relief to victims of calamities. As a CSR-driven company, Goodwill acknowledges the immediate need to be more pro-active in providing the public with “green” options. Earth-friendly products such as biodegradable pens and pots are available at Bridges Stores and the company’s website. Biodegradable packaging is used to lessen the effects of garbage produced daily.

HARBEST AGRIBUSINESS CORPORATION (HARBEST) HARBEST actively promotes new, improved and very doable agricultural technologies to ordinary farmers and established commercial farmers alike. The company has seen an ever-growing list of farmer friends who, through HARBEST’s training programs, have improved their lives with better yield and higher profits. Its CSR program, the HARBEST Educational and Livelihood Program, or HELP, provides free consultation and advice for farmers, and organizes farmers’ meetings on improved technology on seeds, farm management, pest and disease control, post-harvest handling and marketing of produce. Its monthly Techno Forums have reached over 2,000 farmers. These are implemented with SM Foundation’s Kabalikat Sa Kabuhayan farmers’ training program in cooperation with LGUs and the Department of Agriculture (DAR). Linkages between the farmerbeneficiaries and SM suppliers are established. A joint project with the Philip Morris Philippines Manufacturing Inc. and DAR recently trained 64 farmers who are members of KAMAHARI Multipurpose Cooperative in Nasugbu, Batangas.

HMR GROUP PTY. LTD. The HMR Group, as the largest importer in the Philippines of pre-owned IT equipment, has made it affordable for non-government organizations and charitable foundations to own like-new hardware and genuine software. These organizations are often recipients of discarded, outdated IT hardware from corporations, which uninstall usable operating systems and applications for security and legal reasons. HMR, as a Community Microsoft Authorized Refurbisher, is sharing its expertise and resources to allow not-for-profit institutions access to affordable and usable IT equipment and licensed software.

IBM PHILIPPINES, INC. IBM Philippines is committed to bridging the digital gap in the country. Through its educational initiatives, such as the KidSmart Early Learning Program, it provides sustained learning activities consistent with the goals of early childhood education. The program has to date donated over 170 learning units and trained over 800 teachers, benefiting over 800,000 students from Batanes to Tawi-Tawi. IBM’s other educational initiatives are the web-based and interactive TryScience and Reading Companion. TryScience is the first worldwide science museum, and its website offers on- and off-line interactive and multimedia activities. The Reading Companion is a web-based literacy program featuring voice-recognition software that gives learned individualized feedback and reinforcement. IBM Philippines has partnered with government and international agencies to offer the eMentor program, a Teacher Professional Development Program in Educational Technology. This program has 28 scholars from 25 public secondary schools in the conflict-afflicted areas in Mindanao served by the Growth with Equity in Mindanao (GEM) project of the U.S. Agency for International Development (USAID).

INTERNATIONAL CONTAINER TERMINAL SERVICES, INC. (ICTSI) ICTSI has been championing the cause of the Filipino youth through sports, education, and community welfare since 2006. Realizing the potential of the Filipino youth in golf sports, ICTSI has developed a sports program for amateur golfers across the country. For the past three years, these athletes have won individual and team awards in local and international tournaments. In education, ICTSI has high school scholars from poor communities in provinces and cities where the company’s terminals are located. ICTSI also helps provide social welfare services to poor communities through mobile medical and dental clinics. It also sponsors and participates in PBSP’s tree planting, environment clean-up and disaster relief programs with the active involvement of its pool of employee volunteers.


PBSP Annual Report 2009

THE ISLANDS GROUP The Islands, which had its beginnings in Islands Souvenirs, has been active since the mid-1990s in environmental efforts such as tree and mangrove re-planting, reinforced by in-store promotions and product merchandise—such as “I Love the Ocean” campaign, co-sponsored by the USAID-funded Coastal Resource Management Project (CRMP). Today, The Islands Group— and its subsidiaries, including Islands Souvenirs, Islands Banca Cruises, Islands & More, and Islands Pasalubong Center—has solidified its CSR activities with the establishment of Our Islands Foundation that espouses environmental protection and social entrepreneurship. Our Islands implements in-house environmental orientation across the group to teach employees to be agents of change, along with strict reinforcement of a conservation scheme that emphasizes the 3Rs—recycle, reuse, reduce. To further spread its green efforts to the community, Our Islands has organized the first “Zero Waste in Seas” underwater and a coastal clean-up that was participated in by employees, along with other volunteers from the media, NGOs and tourism-related businesses such as Shangri-la and AquaDive Inc.

JOLLIBEE FOODS CORPORATION (JFC) Jollibee Foundation harnesses the strengths of its parent company, Jollibee Foods Corporation (JFC), and its partners for community development. Its service to the community is exemplified by building into its programs the relevant strengths of JFC as a foodservice company so that program sustainability is ascertained. Among these are feeding undernourished pupils through the Busog, Lusog, Talino (BLT) program; promoting access of the poor to higher education through Project ACE (Improving Access, Curriculum and Employability in HRS Education); assisting small farmers gain regular market through the Bridging Farmers Program; developing local leaders in Citizen-Responsive Governance; and building homes with Gawad Kalinga. Jollibee Foundation also mobilizes JFC’s business unit and partners to help victims of calamities. The Foundation commits to jollifying Filipino lives by making sure that each program is anchored on the JFC’s corporate values. This results in happier, more capable individuals uplifting the quality of life for themselves and their families, and contributing to community building.

JOPA ENTERPRISES, INC. JOPA Enterprises adopts strong commitment to society as an integral part of its value system. To pursue that commitment, the company is championing the Malapapaya Tree Planting Advocacy (MTPA) in its adopted communities in Laguna and Quezon. Using latest farming technologies (Farmers’ Information Technology Service or FITS) combined with the strength of an organized farmer community, the project aims to propagate the native malapapaya (Polyscias nodosa) tree. The planting, growing, harvesting, and processing of this arboreal species will generate livelihood and socio-economic benefits for the farming communities, while instilling environmental awareness and stewardship values. Taking the lead in this project is CALUTASM, a multi-purpose cooperative organized and supported by the company. JOPA also conducts community development programs to its adopted municipalities.

JUANITO KING & SONS, INC The Juanito King Foundation has supported numerous institutions in Metro Cebu since 1991. Projects that have benefited the community include provision of a dental mobile van. Funding for the Cebu Dental Society has provided much-needed assistance to 67,190 patients across the Visayas region. Through its Dream Project, the Foundation provides support to children with special needs and development disabilities such as Down’s Syndrome, autism, cerebral palsy, and speech, visual, and hearing impairments. The Dream Project offers financial assistance for the children’s therapy, special education programs, and guidance for parents and guardians. The project allows therapists to visit far-flung rural areas where children needing help do not have access to rehabilitation facilities.

RESPONSIBLE BUSINESS: Empowering Communities, Sustaining the Environment


LAMOIYAN CORPORATION Lamoiyan Corporation supports numerous initiatives for the environment, for the development of Filipino talent, and for the promotion of equal-opportunity employment. The company is most proud of its achievement in implementing an equalopportunity work environment. Lamoiyan trains and employs the hearing-impaired, who comprise up to 65% of its workforce at any given time. All employees are accorded the same benefits, evaluated on the same criteria, and subject to the same standards of the company. To help ease difficulties in communication, hearing employees directly involved with the nonhearing are required to learn sign language. Lamoiyan also supports the Deaf Evangelistic Alliance Foundation, Inc., which provides education to the hearing-impaired.

LEPANTO CONSOLIDATED MINING COMPANY Lepanto Mining’s CSR program is embodied in the company’s five-year Social Development and Management Program (SDMP). The company has always been a major partner of its host and neighboring communities, with a total of 35 projects and programs from the SDMP plan successfully implemented in the municipalities of Mankayan, Benguet and Cervantes and Quirino, Ilocos Sur. As many as 65 families have benefited from different livelihood projects in the three municipalities. The Botica sa Barangay established in Guinaoang has provided affordable medicines to 560 households. About 225 patients were treated at the Lepanto hospital at subsidized rates. To date, the company has a total of 113 college scholars and has provided assistance to daycare centers, elementary schools and high schools in nearby communities. Infrastructure support benefited 220 households in the municipality of Mankayan. In the aftermath of Typhoon Pepeng, Lepanto spearheaded clearing operations for the reopening of the Mankayan-Abatan road, and lent its heavy equipment to accelerate the reopening of the Mankayan-Cervantes road. Lepanto sent a rescue team to Barangay Guinaoang in Mankayan and to Kayan, Mountain Province to assist in the rescue and recovery of victims.

L’ORÉAL PHILIPPINES, INC. On its centenary celebration, L’Oréal Philippines shares its métier with those who can use it through the Bigay Daan Program. Bigay Daan means “to give way” to the beneficiaries of the project, whom L’Oréal helps with its commitment of addressing the right to be beautiful day after day. It also means “to give” during its 100th year (isang daan). This livelihood project trains 30 Filipino women each year on hairdressing, make-up artistry, personality development, financial management, and other skills. Their employment after training is ensured through L’Oréal’s partnership with top salon chains in the country.

MAYFLOWER INN The Mayflower Inn launched in 2008 its Cultivating Self-Reliance social program. The company believes that by working together with nature and her abundance, self-reliance is possible. With permaculture as a tool, Mayflower Inn established the Kamagayan Green Zone (KGZ), an urban permaculture development site to showcase workable solutions to self-reliance in food, water, shelter, and energy. The KGZ features an organic garden, a rain-fed tilapia pond, graywater recycling, beekeeping, rocket stove, composting bin, materials recovery facility, composting toilet, and a training hut with natural lighting and ventilation. Mayflower has opened the KGZ to education tours so as to share the model with the rest of the community, particularly the young generation, as a solution to pressing environmental and societal challenges.


PBSP Annual Report 2009

MCPI CORPORATION MCPI Corporation, a carrageenan manufacturing company, helps communities adopt seaweed farming as their principal livelihood. It partners with the Strategic Corporate Community Partnership for Local Development Program (SCOPE), Datingbayan Foundation, Inc. and Don Bosco Technical Institute in conducting an on-site needs assessment of Calibulan Island in Bohol, one of the assisted communities. Along with introducing seaweed farming along the island, the team plans to provide activities on environmental education and population management. The company also provides employment to residents as classifiers to sort out unwanted coral stones and plastic wastes that stick to the dried seaweeds. The process increases production costs, but it prevents the proliferation of wastes in the company premises. MCPI is also an advocate of solid waste management and donates garbage receptacles to neighboring communities.

MEDICARD PHILIPPINES, INC. To celebrate its 22nd anniversary, MEDICard launched the MEDICaravan Para sa Bayan. In lieu of a lavish celebration, the company opted to share its blessings with the public. Thus, it led a series of medical missions to selected poor communities in Metro Manila and nearby provinces. The mission has so far served 275 children and adults in Barangay Parian, Calamba, Laguna, and 260 residents including children and senior citizens in Fairview, Quezon City. The medical caravan, headed by MEDICard’s Medical Director, provided free medical consultation, chest x-rays, and medicines. Its partner companies provided materials for a lecture on nutrition, as well as healthy food packs. Other target communities include Las Piñas City; Imus, Cavite; Biñan, Laguna; and Muntinlupa City.

MEGAWORLD GROUP OF COMPANIES For Megaworld Chairman Andrew Tan, education is the key to his vision of empowering the underprivileged. Through the Megaworld Foundation, the Megaworld Group opens up new opportunities for Filipinos through education—helping them improve themselves and lead better lives. The Foundation offers college scholarship grants to bright but needy students in engineering, architecture, interior design, accountancy, business, law, and information technology. It also awards leadership grants to students excelling in both academic and leadership endeavors. Today, the Foundation supports 114 students in 15 universities including UP, ADMU, DLSU, UST, UE and MIT. Nearly PHP 20 million has been put into the scholars’ educational fund. In addition to scholarship grants, the Foundation supports a variety of causes, to which it has given almost PHP 38 million since 2006. It donated Php 1 million to relief efforts for victims of Typhoon Ondoy.

MERCURY DRUG CORPORATION For the past 10 years, Mercury Drug has been celebrating its foundation day with Operation Bigay Lunas, one of the company’s CSR initiatives. It provides free medical consultations and medicines to needy communities. Every year, Mercury Drug gathers about 3,000 employees, volunteer doctors, business partners, and local government units who unselfishly offer their time, energy and expertise to assist the needy. The program benefits over 100,000 people annually. After Typhoon Ondoy and Pepeng, Mercury Drug organized an emergency Operation Bigay Lunas in selected communities in Cainta and San Mateo; Rizal, Pasig and Marikina cities; and Laguna. On top of medical and health assistance, Mercury Drug distributed 700 cavans of rice to 35 cities and municipalities.

RESPONSIBLE BUSINESS: Empowering Communities, Sustaining the Environment


MENZI & CO., INC. The late Gen. Hans Menzi, CEO of Menzi & Co., Inc., left a lasting legacy with the Menzi Trust Fund, Inc. to promote the aim of promoting advancement of education, scientific research and training, as well as activities to help maximize economic productivity and community development. The Menzi Trust Fund has for over three decades benefited science research and training with the establishment of professorial chairs for the UP Medical Foundation and the Philippine Science High School. It has provided full research funding to UP Los Baños and L’Institut de Recherches Sur les Fruits et Agrumes (IRFA) in France. Advancing its thrust in education, the Fund has established the Menzi Program for Research and Training (MPRT), which provides scholarship grants to both private and public colleges and universities nationwide. Menzi Trust Fund also supports cultural organizations such as the Las Piñas Bamboo Organ Foundation, the Cultural Center of the Philippines, and Repertory Philippines.

M&H FOOD CORPORATION – HEN LIN M&H Food Corporation believes that with the success of its business comes its responsibility to the community of employees, as well as the larger society. The enterprising couple behind the Hen Lin brand, Jun and Araceli Manas, puts importance on the economic and spiritual welfare of their employees. The company employs over 600 people whom they provide with extra benefits and compensation above what is mandated by law. M&H and its employees actively participate in numerous community projects, such as tree-planting and relief good drives. The company regularly donates to several charitable institutions and has joined PBSP to be able to participate in social development projects. M&H also recognizes the need to care for the environment and has adopted recycling measures as part of its operations. The company has a DENR-compliant waste-water treatment plant and a waste segregation scheme that converts bio-degradable wastes into fertilizers.

NESTLÉ PHILIPPINES, INC. Ever on the lookout for opportunities to create shared value, Nestlé saw a prospective income-generating venture for would-be Filipino micro-entrepreneurs. The Business-on-Wheels (BOW) is a dedicated route-to-market program of Nestlé Professional (NP) that offers direct-sales of Nestlé products to small-scale foodservice operators such as carinderia and kapihan. For a small capital that covers only the cost of initial stocks, NP equips aspiring micro-entrepreneurs, or BOWers, with Nestlé-branded motorized cabs and uniforms identifying them as business associates of the company. BOW was launched in 2006, attracting 40 BOWers in the first year. It has grown to a network of 280 independent entrepreneurs who now have the opportunity to own a business and improve their lives.

PACIFIC PAINT (BOYSEN) PHILIPPINES, INC. Boysen provides feeding assistance to students in underprivileged communities where it operates. The company spearheads a supplemental feeding program in Hugo Perez Elementary School, a public school located a few meters from the Boysen Plant in Trece Martires City, Cavite. The program also targets the parents who are given seminars on nutrition, proper parenting, and on the development needs of children. Parents are involved in menu preparation, actual feeding of school children, and monitoring. In cooperation with the City Nutrition Office, it provided the children with de-worming kits. In 2008 and 2009, 57 beneficiary students increased their weight to up to seven kilograms and have improved their school performance.


PBSP Annual Report 2009

PETRON CORPORATION Petron aims to secure a better future for Filipino children by fuelling their hopes of overcoming poverty. For impact, the company’s interventions focus on basic education. For Petron, HOPE also means Helping Filipino Children and Youth Overcome Poverty through Education. Its Tulong Aral ng Petron program annually sends 1,000 children to school. Today, there are 6,109 scholars from Grades 1 to 6 in public elementary schools in Metro Manila and Mindanao. Of those, 2,360 were recognized as outstanding students, and 311 received first honors. In March 2008, 1,000 Tulong Aral pioneers completed elementary school. In partnership with the Land Bank of the Philippines and PBSP, Petron established the Tulong Aral High School Program, with the top 300 graduates as its scholars. For the scholars and their families, Tulong Aral is a way out of poverty.

PHILEX MINING CORPORATION Philex Mining Corporation has been operating the Padcal Mine located at Padcal, Tuba, Benguet for the past 51 years. Showing its commitment to environmental management, the company has several programs such as the Slope Stabilization and Erosion Control, Water and Air Quality Management, Tailings Pond Monitoring and Management, and Chemical Hazardous Waste Management, among others. The company is also active in reforestation projects, consistently winning the annual “Best Mining Forest” competition organized by the Mines and Geosciences Bureau of the Department of Environment and Natural Resources. To date, Philex has successfully reforested and vegetated more than 1,950 hectares of once logged-over areas with more than six million seedlings of various tree species. Its community-based reforestation program, which started in the 1960s, has generated additional income for families of its host and neighboring communities through seedling propagation, planting, and forest protection and maintenance. With the many challenges facing the mining industry, Philex remains steadfast in its commitment to environmental responsibility.

PHILIP MORRIS PHILIPPINES MANUFACTURING, INC Philip Morris Philippines contributes to organizations that work in the areas of education, environment, culture and the arts, social services, and disaster relief. PMPMI has institutionalized its commitment to social development and distinguishes its CSR projects via the Embrace advocacy campaign, which is the face of its humanitarian projects. As Typhoons Ondoy and Pepeng wreaked havoc throughout Luzon, PMPMI’s employees led by Managing Director Chris Nelson, helped pack relief goods for the calamity victims. In addition, the company donated PHP 16 million to the relief efforts of the Philippine National Red Cross. The company continues to offer assistance in disaster relief elsewhere. With the full support of its employees, PMPMI’s Embrace is determined to touch the lives of Filipinos across the country.

PUNONGBAYAN & ARAULLO Punongbayan & Araullo has undertaken various CSR efforts through the P&A Foundation and the P&A for a Cause (PAUSE), a group created by the firm’s employees. With education as its focus, the P&A Foundation sponsors scholarship programs with a leading Philippine university and with two of the largest CPA licensure exam review centers. The PAUSE group initiated Project SPEND or Support to Public Education for National Development, which helps students of Supon Elementary School in Koronadal City, South Cotabato purchase school supplies. It also organizes visits to children undergoing cancer treatment at two hospitals. PBSP works with the P&A Foundation through its “Project P&Aaralan,” a two-year adopt-a-school program that benefits Kapitbahayan Elementary School. The project provides scholarships to students and teachers and helps differentlyabled and malnourished students.

RESPONSIBLE BUSINESS: Empowering Communities, Sustaining the Environment


QUEZON POWER (PHILIPPINES), LIMITED CO. Recognizing the power of an educated citizenry in nation-building and in alleviating poverty, Quezon Power has embarked on a holistic education program which has provided a comprehensive college-level scholarship program to 45 poor but deserving high school graduates, and vocational and technical education to 117 out-of-school youths from the municipalities of Mauban, Tayabas, and Sampaloc, Quezon. The company also improves the lagging performance of students in the fields of Mathematics, Science and English by providing training to elementary and high school teachers. A pilot “Teachers Development Program” was launched in Quezon province in 2005, allowing 32 scholars to earn diplomas or masters degrees from the UP Open University. An additional 13 scholars are expected to graduate in 2010 and 45 more in 2011.

RAMCAR, INC. The Motolite-PBSP Balik Baterya Program, Ramcar’s CSR initiative, collects used lead acid batteries (ULABs) to ensure their safe disposal and proper recycling. As a result of this initiative, more than 600 metric tons of ULABs have been recovered from more than 100 partners who donated their ULABs. More than 850 cubic meters of landfill space has been saved. The funds generated in turn are used to support Project LEAP (Learning Enhancement Assistance Package). To date, 38 schools have received textbooks, conducted reading camps and supplemental feeding, and trained teachers in public elementary schools using Balik Baterya funds.

RGV GROUP OF COMPANIES – MINDORO KABUHAYAN FOUNDATION, INC. (MKFI) Through the vision and support of its founder Gov. Rodolfo Valencia or RGV, the Mindoro Kabuhayan Foundation, Inc. (MKFI) since 1986 actively participates in social and livelihood programs via the community improvement approach. An awardwinning NGO, it has evolved to become the CSR arm of the RGV Group of Companies. MKFI recognizes Oriental Mindoro’s reputation as the food basket of the Southern Tagalog region and it supports and implements a number of agri-based and off-farm enterprises, one of these is the massive production of cassava in the province, a project tie-up with San Miguel Corporation. Cassava is seen as a viable alternative crop for small farmers, which optimizes idle agricultural lands. MKFI provides entrepreneurial training, and financial and technical assistance to promising micro-entrepreneurs for other income-generating activities. In addition, it offers livelihood scholarship, capacity-building, skills training, and environment protection programs, allowing communities to be self-reliant.


PBSP Annual Report 2009

RIVERSIDE MEDICAL CENTER, INC. (RMCI) Riverside Medical Center, Inc. (RMCI) is a corporation composed of the Dr. Pablo O. Torre Memorial Hospital (DPOTMH) and Riverside College, Inc. (RCI) in Bacolod City. Through the Dr. Pablo O. Torre Foundation, Inc., RMCI dedicates a portion of its resources to improving the lives of impoverished Negrenses. The Foundation has aided thousands of beneficiaries through free clinics, medical missions, community welfare services, and scholarship programs conducted all over Negros. Hand in hand with Gawad Kalinga, RMCI and RCI have built numerous homes for poor Negrenses. RMCI is also at the forefront of environmental awareness and advocacy in the city. It has a fully functional Sewage Treatment Plant which recycles used water. In addition, it has in place a Solid Waste Management Program and a Recycling Program. DPOTMH was adjudged Best Hospital for the 2009 Gawad KALASAG award of the National Disaster Coordinating Council.

ROXAS HOLDINGS, INC. The Roxas Group continued to make its investment in CSR and corporate citizenship despite the global economic downturn. Primarily through the Roxas Foundation, the Group has assisted 7,000 individuals through various projects on capability building, resource mobilization, enterprise development and social services for communities in its areas of operation. One of its community development projects, an ecology campaign through solid waste management, was chosen as a finalist for Panibagong Paraan 2008, a competition conducted by the World Bank in partnership with several local and international organizations. The company has also gone into bioethanol production in support of environment-friendly fuel. Roxol Bioenergy Corporation, a subsidiary of RHI, will begin producing 100,000 liters of biofuel daily in February 2010. The company has executed an Emission Reductions Purchase Agreement with the World Bank for the purchase of carbon emission credits. Under the agreement, an offshoot of the Clean Development Mechanism of the Kyoto Protocol, a portion of the revenue for the purchase will be used to finance community development projects in La Carlota City, Negros Occidental, where the plant is located.

SAN MIGUEL CORPORATION San Miguel Corporation, through the San Miguel Foundation, supports many social advocacies, one of which is the delivery of effective health care. The Foundation recognizes that reduced access to medical services is one of the many complications created by poverty. To address this urgent need in host communities, the Foundation established the San Miguel Community Clinic to augment the medical services offered by LGUs. Three community clinics have been established in Malabon, Davao del Sur and Bukidnon, offering free consultation, medicines, general and specialized services for patients with tuberculosis, diabetes, high blood pressure and cardio vascular diseases. The modern facilities consist of a consultation room, treatment room, observation room, triage, records section, and pharmacy. These clinics have helped 3,000 patients suffering from common and serious illness.

SHELL COMPANIES IN THE PHILIPPINES For more than 30 years, Shell’s Business Principles have included contributing to sustainable development. Pilipinas Shell believes that it cannot run its business successfully without supporting neighboring communities. Through Pilipinas Shell Foundation, Inc, the company has helped two million Filipinos through a range of community development programs in education, livelihood, and environment conservation. In 2009 alone, 80,825 people benefited from Shell’s Kilusan Ligtas Malaria (KLM)/ Movement Against Malaria (MAM); 801 received skills and employment assistance through Joblink, Sanayan sa Kakayahang Industrial and similar projects; and 108 teachers were given enhanced training.

RESPONSIBLE BUSINESS: Empowering Communities, Sustaining the Environment


SM INVESTMENTS CORPORATION SM’s primary CSR arm, SM Foundation Inc. is supported by annual donations from companies under the SM Group. It has helped thousands of underprivileged through its five core advocacies: Education, Health, Mall-based Outreach Programs, Livelihood, Religious, and Community Programs. SM Foundation’s College Scholarship Program supports over 800 scholars at any given time and has helped a total of 1,072 graduates. The Foundation has donated 27 buildings to public elementary schools, which it also provides with annual maintenance support. Under its health and wellness advocacy, SM Foundation has conducted a total of 401 medical missions benefiting 300,000 people nationwide. It has created a number of Felicidad Sy Wellness Centers for children, the elderly and the terminally ill and has renovated 52 public hospital wards, health clinics, and activity centers. In addition, SM Prime Holdings, Inc. undertakes in-mall CSR initiatives under the SM CARES Program, which includes environmental conservation (energy, air and water) as well as care and assistance to customers with special needs.

SOUTHERN INDUSTRIAL GASES PHILIPPINES, INC. Southern Industrial Gases Phils., Inc. (SIG) aspires to deliver a sustainable CSR program to benefit selected communities in most need of assistance. SIG engages its employees in meaningful CSR and community projects such as the medical mission in Barangay Panadtaran, San Fernando, Cebu where a hundred residents received free health service and medicines; weekly feeding program in Barangay Canjusa, Pulupandan, Negros Occidental; and a joint medical mission and feeding program in Barangay Buanoy Balamban, Cebu that has helped 300 beneficiaries.

UNION BANK OF THE PHILIPPINES The UnionBank Learning System addresses illiteracy—which it defines as the state of being uneducated and the inability to read and write—and aliteracy, the state of a person who is able to read but rarely chooses to do so. Since 2007, over 868,000 students in about 4,000 public elementary schools have received their own Student’s Workbooks, and 16,000 public school teachers have benefited from the program implemented nationwide. An impact study by the Ateneo Teachers Center among 210,000 Grade 2 pupils in NCR for SY 2007-2008 showed a +41.59% increase in reading achievement. The values test showed a significant increase in more positive behavior toward family and school. UnionBank’s flagship program has received recognitions like the Special Award for Education during the first Management Association of the Philippines CSR Leadership Challenge; and last year, two Anvil Awards-for Excellence in Education and for Responsible Citizenship.

VALIANT BANK As the largest rural bank in Western Visayas and among the top 10 in the country, Valiant Bank is committed to and invests in the communities where it operates. In Iloilo City, the blood banks often run out of supply during emergencies. Recognizing that ample supply of blood will help not only its own employees but also the community in general, Valiant Bank organized volunteers from sister-companies for a blood-letting activity in cooperation with the Philippine National Red Cross. Now on its second year, the BLOOD for Life! Project has been recognized by the PNRC as an organized blood-letting drive. With commitment from the management and employees, Valiant Bank aims to rollout the activity to all its branches and partner businesses.

VIVANT CORPORATION Over the years, Vivant Corporation, as a holding company, fully supported subsidiaries in their various CSR efforts. Visayan Electric Company constructed a new school building in Cantipla, Cebu; refurbished the Lataban Elementary School in Liloan; and donated computer equipment to schools in Cebu including Talamban Elementary School. Other major subsidiaries, like Cebu Energy Development and Palawan’s Delta P, have implemented student assistance programs, reforestation and waste management projects, medical missions, and livelihood programs. Vivant Corporation will continue to support the CSR projects of its subsidiaries while launching its own projects, beginning with a 2,500-seedling tree-planting activity in Cantipla, Cebu. @


PBSP Annual Report 2009

BUSINESS ADDRESSES SUSTAINABLE DEVELOPMENT By Elisea “Bebet” Gozun Former Department of Environment and Natural Resources Secretary and Awardee, United Nations Environment Program (UNEP) Champions of the Earth

Extreme weather conditions are present more often now than ever before. The devastation brought by typhoons Milenyo, Reming, Frank, Ondoy and Pepeng made global headlines. Typhoon Ondoy brought 368mm of rain in mere six hours, more than the 330mm monthly average for September. While skeptics believe that these have nothing to do with climate change, the reality is that we are experiencing and suffering from more extreme weather. Ondoy’s destructive floods were exacerbated by man’s actions. Unplanned and uncontrolled growth led to the burgeoning of settlements in low-lying areas, and the indiscriminate disposal of garbage impeded the flow of waters. The denudation of the Marikina watershed, with only 20% forest cover, left few trees to absorb water and stall the speed of runoff, and inadequate root systems were not able to minimize soil erosion. Floodwaters could not subside normally since waterways were heavily silted. Recent calamities have highlighted the urgent need to take better care of Mother Earth. They make a compelling case for us to seriously rethink the way we develop and live, as well as evaluate the formulation and implementation of policies on environmental protection and human settlements at the national and local levels.


PBSP Annual Report 2009

AREA RESOURCE MANAGEMENT The Area Resource Management (ARM) is PBSP’s focused response to the call for sustainable development.

Sustainable Development—the Way Forward During the 1992 Earth Summit in Rio, many countries adopted the principles of Sustainable Development (SD), which encompass environmental preservation, economic growth and social development. Sustainable development helps reduce poverty and improves quality of life, but does not degrade the environment or jeopardize the needs of future generations. In practical business terms, it is using only the interest from a bank account while keeping the principal intact. At the village level, it means extracting ground water equal only to the amount of natural recharge of the aquifer to avoid saltwater intrusion and land subsidence. Many people think that sustainable development is only about protecting the environment. It is of course central to sustainable development and serves as one of its pillars. But equally important are the two other pillars of economic growth and social development. SD can be likened to a stool: it is strong only if it has all three legs together all the time. Thus, SD is a wide-ranging concept concerned not only with living within the carrying capacity of the earth’s support systems but also with the people’s quality of life, with equity within and between generations, and with social justice. It requires an integrated approach that brings together a sound and viable economy, social cohesion, ecological integrity and responsible and participatory governance to ensure that development is a lifeenhancing process not just for humans but for all life on earth. After all, we are all interconnected. What happens to one part eventually affects the others.

Begun in 1991, the ARM builds upon its predecessor, the Provincial Development Strategy (PDS) implemented in 15 of the poorest provinces in the country. It was shaped by the emergence of new issues in development as well as the lessons learned by the Foundation in two decades of helping the poor. These include balancing short–term economic needs with long–term sustainable development, gender and development, decentralization and local governance, the growth of corporate social responsibility, and stronger public-private partnership. The latter years of the PDS having been greatly affected by major calamities of nature, the ARM is PBSP’s earliest systematic articulation of its lesson on mainstreaming ecological awareness and disaster preparedness and mitigation into its development strategies, on the symbiosis between development and the environment, and consequently, on the imperative for a development model that satisfies the needs of the present and future generations. As a refinement of the PDS, the ARM also reflects PBSP as a learning organization in seeking economy, efficiency, effectiveness, and impact of development efforts. It thus harmonizes the three aspects of sustainability: social organization, economic improvement, and environmental preservation, as represented by the diagram below.




The ARM continues to be refined to meet new challenges in caring for people and the environment as a social responsibility of business.

RESPONSIBLE BUSINESS: Empowering Communities, Sustaining the Environment


Corporations and Sustainable Development The challenge of SD is the translation of its principles into day-to-day policies, programs and projects of the business, government, community and individual sectors. Business has a key role to play to make that shift toward SD. Not only can it do so in its own operations; but through its products and its advertising, it can influence how and what people consume. Through corporate social responsibility, it could influence and support communities as well. In addition, as a leader in society, business can lend its voice and play a pivotal role in advocating for a more sustainable path toward development. Adopting Green Growth is an imperative not only for the sustained growth of the business community but, ultimately, for the sustainability of the entire country Many Philippine corporations have done remarkable actions on their own or in partnership with

NGOs, local governments, and other multi-lateral organizations, as can be seen from the following examples. Promoting Clean Power as Social Responsibility Energy Development Corporation (EDC) shares in the mission of environmental protection and community development. Its geothermal operations supply 12% of the country’s power, rendering unnecessary the use of more than 130 million barrels of crude (with its emissions of 5.21 million tons of carbon dioxide) and thus preserving foreign exchange reserves of PHP 4 billion. EDC has also planted an estimated 6.2 million trees and launched the BINHI program to promote biodiversity. It pursues a paperless policy, uses biofuels for its vehicle fleet and LED bulbs for lighting, and adopts energy conservation measures. In addition to channeling PHP 3.0

PBSP RESPONDS TO DISASTERS The Early Years: Relief and Social Credit

1971 Social Development Credit for Typhoon Victims in San Dionisio, ParaĂąaque Soon after its founding, PBSP tested the effectiveness of a social development response to a disaster. Instead of the traditional approach of doling out relief goods and services, PBSP restored the productive capabilities of typhoon victims in San Dionisio, Paranaque through social credit on top of relief grants. The loans helped replace fishing boats, motors, nets, salt stockrooms, sarisari stores, and other occupational facilities. Similar projects helped rehabilitate flood-stricken areas in Central Luzon (1972 flooding) and Northern Mindanao (1981 flooding). 1984 The deadliest typhoon in 1984, Typhoon Nitang left 1,492 dead, over 200,000 homeless, and thousands without livelihood. PBSP


PBSP Annual Report 2009

disbursed calamity relief grants for victims in Bohol, Cagayan de Oro, Cebu, Bacolod, Southern Leyte, and Surigao City. The Foundation also extended grant and credit assistance to help rehabilitate the economic activities of victims, who were involved in rice and vegetable production, and poultry and hog raising. In response to the Mount Mayon eruption, the Foundation gave food relief and medical assistance to 700 family-evacuees from Budiao, Banadera, and Matnog in Daraga, Albay. Rehabilitation activities were also undertaken. 1987 Supertyphoon Herming lashed central Philippines with its 249 km/hour speed. PBSP funded a housing relief program to assist 2,500 families in Sorsogon. Implemented with the Diocese of Sorsogon, the project helped repair damaged houses using lowcost materials available in the area. PBSP also provided credit to 200 marginal farmers in Eastern Samar for livelihood recovery and housing repair, and crop rehabilitation for upland farmers in Marinduque.

billion to the national and local governments, EDC has also spent PHP 180 million for community development projects of 122 upland farmers associations focusing on livelihood, education and health. Pilipinas Shell Petroleum Corporation is continually studying issues on energy diversity, energy security, efficiency and carbon management. As a direct result of its research, it has implemented energy conservation measures and introduced new products that help reduce fuel use and reduce emissions. Shell is the largest global marketer of biofuels, which are made from cellulose, so as not to compete with the food chain. It is also building its capability to use technology to capture and store carbon dioxide. Smart Communications, Inc. (SMART) initiatives in energy efficiency and clean energy have resulted in its 98 cell sites being powered by wind and a hybrid combination of wind and solar energy. In 2010, another 60 cell sites will be equipped with hybrid power.

Late 1980s: Scaling Up Disaster Response through Partnerships 1988 In response to Typhoon Unsang, the U.S. Agency for International Development (USAID) channeled funds to PBSP. Because of its emergency nature, the assistance had to be provided in 60 days. PBSP mobilized 12 proponent organizations in Nueva Ecija, Tarlac, Pampanga and Zambales. As a result, rehabilitation efforts reached 3,953 families from 21 municipalities. In Northern Samar, the Australian Embassy’s medicines and seeds assistance reached 3,500 families. 1988 - 1989 Red tide outbreaks affected Manila Bay and Maqueda Bay in Samar. The Office of the President and the Department of Agriculture requested PBSP to help provide alternative livelihood to affected fisherfolk. Through PBSP’s network of NGOs, emergency credit provided income for 1,670 affected families.

RESPONSIBLE BUSINESS: Empowering Communities, Sustaining the Environment


With these hybrid energy achievements, SMART won the 2009 Global Mobile award of the GSM Association in Barcelona, Spain. Encouraging Sustainability Initiatives at Top Management, Rank and File, and Business Partners Petron Corporation has fostered a Public-Private Partnership (PPP) scheme in Bataan to manage the province’s coastal and marine resources through the Bataan Integrated Coastal Management Project. It is one of the pioneers in creating a Sustainability Steering Committee and technical working groups with key personnel from all its strategic business units. This led to the publication of its first Sustainability Report,

PBSP RESPONDS TO DISASTERS 1990s: Capacity-building, Resource Mobilization and Networking 1990 The PBSP membership led by then chairman Andres Soriano III responded within a day after the great Baguio earthquake. The Andres Soriano Jr. Foundation mobilized air and land transport and served as the main distribution center. The first goods shipped came from the American Chamber of Commerce. San Miguel Corporation (SMC) opened its warehouses to loads of canned goods, blankets and medicines. Miners, 19 of them from Atlas Consolidated and Mining Corporation, flew from Cebu to help in the rescue operations. SMC medical teams flew to provide medical aid. Roads were cleared of debris, but they were too damaged to accommodate cargo trucks so IBM and Planters Development Bank lent their vans. Container vans of the Manila International Container Corporation brought relief goods.


PBSP Annual Report 2009

The earthquake crippled the vegetable industry in Baguio City all the way to the northern town of Buguias, Benguet. PBSP thus provided a mix of capacity-building, infrastructure, livelihood credit, and marketing support to fledgling cooperatives. The rehabilitation program targeted 15,000 earthquake victims and covered Nueva Ecija, Baguio City, Benguet, Nueva Vizcaya, Pangasinan, and La Union. Among the cooperatives assisted was the Baguio Buguias Development Multi-purpose Cooperative (BABUDEMCO), which then had 35 members. Today, BABUDEMCO serves 4,000 members. PBSP helped organize the Corporate Disaster Response Network (CNDR), a network of business associations and foundations, to coordinate their disaster response. It linked up with the InterAgency Network for Disaster Response (IANDR), a network of nine national NGOs engaged in disaster management, which PBSP also helped organize. The linking of these networks from the corporate and NGO communities hastened an efficient relief effort: CNDR mobilized resources while IANDR facilitated the distribution of goods.

which includes each division’s assessment of 76 key performance indicators of the Global Reporting Initiative (GRI). With this initiative, Petron earned the distinction of being the top Philippine firm in the First Asia Sustainability Ratings in 2009. Nestlé Philippines, Inc., Bayer Philippines, Inc., and Unilever Philippines, have also led the way in helping their business partners develop their own Environmental Management Systems (EMS), alternatively called Greening the Supply Chain (GSC) Program, whereby business partners are taught environmental consciousness. Nestlé teams visit the premises of their supply chains to assess environmental impact of operations and make recommendations to minimize negative impact. Business partners are updated through a quarterly forum on best practices, environmental issues, regulations and cleaner technologies. Performance is then monitored and recognized through an annual awards program.

Efficient management and preservation of water resources Maynilad Water, in partnership with SMART, Philippine Long Distance Telephone (PLDT) Company, the National Commission for Indigenous Peoples and the Department of Environment and Natural Resources, has planted trees in Mt. Ipo, and has supported cooperative tree stewardship with the Dumagat tribe. Maynilad has achieved zero discharge in its La Mesa treatment plant. SM Prime Holdings reuses treated wastewater for cooling towers, flushing of toilets, and watering of surrounding gardens. These actions have resulted in 2.6 million cubic meters of waterbeing recycled per year across 30 malls. SM has also installed 2,100 waterless urinals, saving 153 million liters/year of potable water. The installation of faucet aerators in mall restrooms has also saved another 20% of its water bill. Waterfront Hotel Cebu City Hotel &

Supertyphoon Ruping devastated the Visayas. Through PBSP, the NGO German Development Assistance Association for Social Housing (DESWOS), PBSP’s first European partner, helped 8,400 families in Cebu, Negros Occidental, Iloilo, Antique and Leyte restore their houses.

Les Amis de Soeur Emmanuel of France, CODESPA of Spain, and the European Union were partners in this program. The housing resettlement sites built in the Buensuceso and Arenas Resettlement Areas in Arayat, Pampanga, were later turned over to CNDR.

1991 The Mount Pinatubo eruption drew grants from the USAID, the Dutch Embassy, the European Community, Canadian International Development Agency (CIDA), Canadian Physicians for Aid and Relief and other Canadian NGOs. PBSP set up temporary shelters built by the evacuees themselves through a cash-for-work scheme.

The Mt Pinatubo experience hurtled PBSP into the full circle of disaster management—from relief, to temporary shelter, then permanent resettlement and development. Insights were drawn from this and other experiences, which helped strengthen PBSP’s interventions.

Barangay Amsic, located along Angeles River in Pampanga, was gobbled up when the river swelled, displacing its residents. PBSP then developed a Permanent Relocation Program benefiting 600 families from lahar-ravaged barangays, and gave them education and livelihood opportunities. PBSP, the Mother Rosa Memorial Foundation, Andres Soriano Foundation, DESWOS,

Convinced more than ever of the indispensability of a viable disaster management component in any development strategy, PBSP during this period sent key staff to train at the Asian Disaster Preparedness Center in Bangkok, Thailand. Also, a trialogue among the government, corporate and NGO sectors–the first ever in the country–was held in PBSP to establish an avenue for information exchange, resource mobilization, and advocacy.

RESPONSIBLE BUSINESS: Empowering Communities, Sustaining the Environment


Casino has also pursued similar initiatives in water conservation. Manila Water Corporation (MWC), together with the World Bank, has made water more accessible to 53,000 poor households through its Tubig Para sa Barangay program with easier payment terms. Its Lingap Project has improved water supply and sanitation facilities to public institutions benefitting more than 900,000 people. It has increased access to clean water from 25% to 99% of its service area and reduced non-revenue water from 63% to 20%. Moreover, MWC has gone beyond compliance with environmental standards by promoting the reuse of grey water to flush toilets and water gardens in the UP Ayala Techno Hub. Biosolids from its wastewater treatment facilities is used as fertilizer in lahar affected areas to boost productivity. To share economic benefits, MWC has given PHP 24 million in job orders to eight cooperatives, and

committed to invest in the restoration of the Marikina watershed. MWC strongly believes that its SD business model is dependent on the communities that it serves and the environment that supports its resources. Development Bank of the Philippines (DBP) embarked on a forest project as a corporate response to the Infanta landslides and flooding. DBP has forested close to 5,600 hectares through 26 forest plantation projects, in cooperation with schools, NGOs and LGUs. Recycling of Residual Waste San Miguel Corporation converts used crates into pellet form; its crates now have 50% recycled content. Its goal is to eventually eliminate all solid waste. In partnership with another company, another goal Unilever Philippines achieved in

PBSP RESPONDS TO DISASTERS Applying the Lessons: Focus on Sustainable Development By this time PBSP had seen that development was dependent on the sustainability of an area’s ecology. It also saw the limitations of the project dispersal approach of its earlier strategies. With many small projects, it was spreading itself too thinly and could not generate impact on poverty reduction nor address environmental problems that were emerging. Thus, it sought a balance between the requirements of social development and the sustainability of the environment in its Provincial Development Strategy of the 1980s and onward to its present Area Resource Management (ARM) strategy. In ARM, disaster mitigation and preparedness were integrated particularly in atrisk areas. 1992 A quadrilateral effort among Philippine NGOs, U.S. NGOs, and the Philippine and US governments resulted in a Debtfor-Nature Swap, which established the Foundation for the


PBSP Annual Report 2009

Philippine Environment (FPE). FPE is considered the largest Philippine grant-making institution outside of government for the environment and sustainable development. It was organized to help reverse the rapid destruction of the Philippine natural resource base through a strategic and integrated conservation program. Working with the World Wildlife Fund (WWF) USA, PBSP served as the interim trustee of FPE’s funds and developed its project appraisal, monitoring and evaluation systems. 1995 Philippine NGOs, this time working alongside Swiss NGOs, lobbied the Philippine and Swiss governments to convert Philippine commercial debts into an endowment fund to be managed by the Foundation for a Sustainable Society, Inc. (FSSI). PBSP helped in FSSI’s establishment and formative years, with PBSP/CODENGO’s Aurora Tolentino serving as its first chairperson.

2005 is the processing of its residual waste with cement to produce various concrete products. The Balik Baterya (literally, return of battery) program of Ramcar, Inc. has allowed it to recover 80% of used lead and acid batteries in the market. In addition, Ramcar helps ensure that toxic waste is handled by authorized recyclers. Part of the proceeds from recycling used batteries go to the La Mesa Watershed and PBSP’s Project LEAP, which helps public schools achieve global educational standards.

Sustainable Tourism and Fostering Biodiversity Ten Knots in Palawan recognizes that sustainable eco-tourism is vital to its business operations. It works closely with stakeholders to treat wastewater, compost biodegradable waste, and

manage residual waste. All guests are given briefing on the environment and encouraged to participate in monitoring biodiversity in the area. In addition, they are reminded to bring back solid waste generated during their stay in the resort. Ten Knots has conducted studies on the carrying capacity of its dive sites and surveyed reef fishes. The resort buys food supplies locally and patronizes sustainable farming, thus influencing community practices directly. Alsons Aquaculture Corporation uses fry produced in its own hatchery, and not from the wild. The company did this long before the public learned that rising temperatures and climate change could adversely affect marine life and reduce the productivity of seas in the tropics.

RESPONSIBLE BUSINESS: Empowering Communities, Sustaining the Environment


Carbon Reduction Bauang Power, Dole Asia, the Aboitiz Group, Philippine Airlines, Island Transvoyager Group, Ford Philippines, and Globe Telecom, along with many other companies, have joined the Green House Gas Accounting and Reporting Project (PhilGARP). With technical assistance, they assess green house gas (GHG) risks and opportunities, and benefits from GHG reduction. They have also identified GHG mitigation projects and created a reliable accounting and reporting system. Absolute Chemicals Inc. launched a Clean Development Mechanism project to reduce almost 96,000 metric tons of carbon dioxide per year by capturing methane from its wastewater treatment.

San Miguel Corporation breweries in Mandaue, Davao and Polo treat their wastewater with an anaerobic biological process. Biogas recovered is used as boiler fuel. In 2008, this translated into almost PHP20 million of savings in bunker fuel oil. Business Unusual In the face of climate change, business as usual is no longer an option. Unless concrete actions are taken to integrate climate change adaptation and mitigation in the economic and physical development plans of government and in the business plans of companies, efforts to reduce poverty could be negated. As proven by recent disasters, poverty is aggravated. People could lose homes and other properties. Economic gains over the years could be wiped out. Agriculture and fishery production could substantially decrease, threatening food security and nutrition. There could

PBSP RESPONDS TO DISASTERS 2006 to Present: Building Back Better 2006 PBSP helped develop the master plan for the rehabilitation of Guinsaugon after the tragic Southern Leyte landslide. With support from the Asian Development Bank (ADB), the Foundation helped the province craft a Provincial Disaster Management Plan. To date, many donors and partners have helped relocate 990 families in eight resettlement sites. PBSP was also tasked to help create livelihood opportunities in the new village. One of the successful livelihood interventions was the introduction of marine culture technology using fish cages. From losing everything to the landslide, the survivors are now important suppliers of large quantities of milkfish in the area.


PBSP Annual Report 2009

be more climate change refugees needing services and shelter. More properties and infrastructure could be destroyed. Worse, more lives could be lost. Thus, not only does business need to think outside the box; it needs to close the box of unsustainable production and consumption. It is imperative that it does its share in maintaining the symbiosis between environment and development. The sustainable development initiatives of some companies highlighted here show us that this can be done. They demonstrate that good environmental management is good business and beneficial for the people. It is key to long-term survival. The power to do so, however, does not lie with companies alone but with each one of us. As the

PBSP also implemented a capability program for the Provincial Disaster Management Office through Trainers Training in Disaster Risk Reduction, pilot testing and roll out of Contingency Planning in 25 barangays in five towns, and Basic Life Support Skills Training for volunteers. Technology-assisted disaster risk reduction and management (DRRM) will be expanded by PBSP and SMART through a project that won in the Global Climate Change competition sponsored by the World Bank in November 2009. Typhoon Reming brought PBSP members back to Bicol to assist affected communities recover their income. First wave of livelihood, education and rehabilitation assistance was implemented through the support of donors to the Festival of Trees fundraising campaign and the Spanish government through Fundacion Humanismo y Democracia. PBSP’s plan of action includes training identified communities in Albay, Camarines Sur, and Sorsogon in disaster management.

renowned American ecologist Rachel Carson1 said, “Now I truly believe that we in this generation must come to terms with nature, and I think we are challenged, as mankind has never been challenged before, to prove our maturity and our mastery, not of nature but of ourselves”.@


Rachel Carson, a scientist and an idealist, is the author of the landmark book Silent Spring, which highlighted the growing dangers of DDT and other pesticides and chemicals. Published in 1962 at a time when hardly anyone talked about the environment, “Silent Spring came as a cry in the wilderness”. It led to the ban on DDT and gave rise to the modern environmental movement. According to Al Gore, “Without this book, the environmental movement might have been long delayed or never have developed at all”.

2008 PBSP members provided relief assistance and funds for palay trading and rice marketing to Iloilo farmers affected by Typhoon Frank. PBSP’s comprehensive plan includes the introduction of organic farming, and multi-crop farming technologies to farmers. 2009 Immediately after Typhoons Ondoy and Pepeng, PBSP released PHP 5 million for relief operations. With additional funds from members and corporate partners, over 10,000 families were assisted in NCR, Laguna, Pampanga, Zambales, and La Union. Doctors serving on the USAID’s TB LINC program extended medical assistance to various communities. PBSP rehabilitated livelihood activities and granted selective moratorium on urban poor housing loan payments. It is now working with the Philippine Disaster Recovery Foundation and the Special National Public Reconstruction Commission on a post-disaster recovery and reconstruction program. @

RESPONSIBLE BUSINESS: Empowering Communities, Sustaining the Environment



PBSP Annual Report 2009


With the call to reduce poverty in the Philippines sounding loud and clear, challenges such as the worst global economic

downturn since the Great Depression of the 1930s in the United States and the resulting dramatic slowdown in the local economy should not get in the way of finding the needed answers. This is why despite the inescapable adverse effects of the crisis, we forged ahead and pursued our various programs guided by the vision of helping as many Filipinos caught in the tight grip of poverty and helplessness. Our efforts continue to bear fruit in the final year of our current Five-Year Strategic Plan for Poverty Reduction. The following are some of the highlights of our work the past year.

RESPONSIBLE BUSINESS: Empowering Communities, Sustaining the Environment


Our flagship poverty reduction program, the Area Resource Management, brings together components of the health, enterprise and education programs in some of the poorest areas in the Philippines.

ARM calls for three key interventions. The first involves the development of sustainable livelihood projects for the community members to earn more. The second inculcates the values of self-reliance and cooperation by building strong community-based organizations that can be developed into enterprises. The third integrates the value of a conserved environment to contribute to sustainable development. PBSP’s ARM program comes in many forms and each is making positive impact on the community.

Metro Manila Every year, the urban population grows exponentially due to the number of families from the provinces seeking employment opportunities in the cities. Unfortunately, the exodus has taken its toll on the quality of life in the cities, thus giving birth to urban poverty. PBSP’s response to the phenomenon of urban poverty is the Strategic Private Sector Partnerships for Urban Poverty Reduction (STEP-UP) Program, which directly responds to the goals of sustainable development and environment stewardship by providing decent housing to families living in the slums. This year, the program was able to improve the living conditions of 14,575 urban poor households in 46 communities in 12 cities in Metro Manila. Over 500 households benefited from improved roads and upgraded drainage systems, and close to 130 houses were either built or upgraded. The pilot phase of the program was funded by the Asian Development Bank–Japan Fund for Poverty Reduction (ADB-JFPR). Subsequent expansion was funded through the reflows from the loan assistance of ADB-JRPR.


PBSP Annual Report 2009


“All these


come under the premise that


in the human condition can be sustained by self-reliant and strong

communities that believe in and work toward reducing urban poverty.�

Around 300 households were given livelihood opportunities and some 850 individuals from 16 homeowners associations were trained on organizational development, financial management and risk reduction. Also through STEP-UP, a metro-wide advocacy for urban greening and awareness of Climate Change was conducted. All these investments come under the premise that improvements in the human condition can be sustained by self-reliant and strong communities that believe in and work toward reducing urban poverty.

RESPONSIBLE BUSINESS: Empowering Communities, Sustaining the Environment


Bicol PBSP responded to the rehabilitation needs of Bicol, which was devastated by a series of typhoons, with the creation of the Bicol Integrated Area Resource Management Program. The ARM initially covers Albay, Camarines Sur and Sorsogon. Over 500 households have been assisted through livelihood programs. Bancas and livestock were distributed to help the residents get back on their feet. PBSP deemed it proper to contribute to Bicol’s improvement since even before the series of typhoons hit the region, the majority of the local residents earned below the poverty threshold of PHP 5,200 a month. Lack of education and job opportunities led to low productivity and income. More projects are in the pipeline in 2010, including the rehabilitation of classrooms, training of farmers and fisherfolk on alternative sources of livelihood, disaster management and organizational building. Cebu The importance of bringing the Cebu Hillylands back to life cannot be emphasized enough considering how it is a major source of water for household and industrial consumption in the Metro Cebu. Thanks to the Cebu Hillylands project supported by PBSP members and partners, the Buhisan Watershed Forest Reserve, Central Cebu National Park, Kotkot-Lusaran Watershed Forest Reserve, Mananga Watershed Forest Reserve and Sudlon National Park that comprise the Cebu Hillylands are growing from strength to strength.


PBSP Annual Report 2009


And as they grow, the incomes of the farmers in the areas are surging, too, because of PBSP programs to introduce them to agroforestry, production of highvalue vegetables, cut flowers and abaca. Since the program was launched, poor farmers that used to make do with long obsolete farming technologies are now earning more from new crops. And their heightened awareness of sustainable agriculture has made them better and more passionate stewards of the environment. This year, 4,479 hectares of the 29,062-hectare Cebu Hillylands were reforested by households who make up PBSP’s community partners and 2009 also marks the addition of the Buhisan Watershed and Forest Reserve to the coverage of the project. The Save the Buhisan Watershed Project gears to rehabilitate Buhisan, provide income opportunities for the poor residents and transform it into an eco-tourism destination. All of the projects in Cebu Hillylands this year reached 4,370 households. Samar Samar is one of the poorest islands in the Philippines and the depletion of its marine resources has worsened the Samarenos’ quality of life. PBSP seeks to address their plight by disseminating valuable knowledge on sustainable agriculture to farmers and cascading innovative marine technologies to fisherfolk through the PBSP Coastal and Upland Technology Testing and Verification Center.

RESPONSIBLE BUSINESS: Empowering Communities, Sustaining the Environment


Located along Maqueda Bay, which supports 14 towns in Samar, the Center tests and validates culture systems of high-value marine species. Tested and mature technologies are then cascaded to fisherfolk. This year, upland farming and coastal livelihood projects improved the lives of 6,107 households. In addition, 1,800 students gained additional knowledge from basic education projects implemented all over the island. Olango Island On Olango Island in Cebu, PBSP blends environmental conservation with the delivery of socio-economic assistance to fishing communities. Family health services, sanitary toilets and potable water systems were provided. Residents were mobilized to engage in seaweeds farming, an economically-viable and environment-friendly livelihood venture. Denuded mangrove sites have been reforested and marine sanctuaries are maintained while environmental education is taught in the island’s public elementary schools. Bohol Bohol used to be one of the poorest provinces in the country and limited knowledge in farming was a great cause of poverty. PBSP responded by implementing projects on palay trading and rice farming, which transformed the farmers into net rice exporters. Today, Boholano farmers further assert their competitiveness in the field of rice production by going organic in their farming. Their banner farming technology is vermiculture, the production of organic or chemical-free fertilizers, which PBSP developed at its farm, the Center for Rural Technology Development (CRTD) in Calamba, Laguna.


PBSP Annual Report 2009

AREA RESOURCE MANAGEMENT Southern Leyte In 2006, the landslide in St. Bernard, Southern Leyte shattered the dreams of people in the village of Guinsaugon. PBSP and its donors and partners channeled the attention of the landslide victims to productive activities. One of the evident demonstrations of the people’s recovery is the mariculture project. The project in St. Bernard, a replication of the technology developed by PBSP in Samar, has made the town an important supplier of large quantities of milkfish and other high-value fish species in the area. Guimaras Also in 2006, an oil spill impaired the livelihood of people of the island province of Guimaras. While the province’s marine waters were still recovering, PBSP augmented the income of the people via projects on vegetable production and livestock-rearing. And now that the sea is gaining back its good health, PBSP is intensifing the people’s production of seaweeds, which are now exported to areas as far as Cebu. Iloilo In June 2008, Typhoon Frank ravaged Iloilo and among the most affected were the rice bowls of the province. PBSP’s speed in the delivery of relief assistance alleviated the people’s misery. For their long-term recovery, farmers accessed financial assistance for palay trading and rice marketing. We introduced organic and multicrop farming technologies to farmers. Tawi-Tawi Some of our beneficiaries now tend to seaweed farms, which earn for them additional income. Recognizing their dependence on the environment, they patrol their marine resources as Bantay Dagat. This community-based effort helped eliminate dynamite fishing. We integrate income-generating activities to support our education program in the area. Hence, earnings from seaweed faming have been used by families to support the education of their children.

RESPONSIBLE BUSINESS: Empowering Communities, Sustaining the Environment


It is often said with a passion that every Filipino has the right to a decent education. And yet many are still denied this basic and most effective tool in crafting a better life, especially in conflict-ridden areas of Mindanao.

This helps explain why PBSP saw it fit to dedicate our members’ resources to the education of children in the Philippines’ second largest island whose intellectual and social progress was disrupted by conflict and lack of material resources. It is the least that PBSP could do to help children who, despite the conflicts and extreme poverty, still firmly believe that they could break out of poverty through education. To help turn these lofty goals into reality, additional public school buildings were constructed to accommodate the increasing number of students committed to complete their education. Dilapidated classrooms were repaired and equipped with tables and chairs; and books were provided to broaden the children’s knowledge. Scholarships and financial assistance were provided to those in the most difficult of circumstances.


PBSP Annual Report 2009


“All of these PBSP-initiated projects contribute to the goal of

improving the quality of and access to


Reading camps were organized to help academicallychallenged pupils overcome daunting obstacles in reading and comprehension. And because it takes a village to educate a child, hard-earned PBSP resources likewise went to the provision of science laboratories, technology and livelihood equipment and conduct of capability building activities for teachers as well as parents. All of these PBSP-initiated projects contribute to the goal of improving the quality of and access to education. Our comprehensive educational programming creates even greater impact as we executed the education projects of some of our members as well as international civic organizations.

RESPONSIBLE BUSINESS: Empowering Communities, Sustaining the Environment


PBSP’s partnership with Philam Foundation, for example, is already on its 8th year. Through Philam’s Aid for Basilan Children Project, children like Charlaine Sembrano from the almost forgotten barangays of war-torn Basilan were able to go to school. She finished grade school with honors and is now more hopeful of doing just as well in high school. PBSP also facilitated the donation of 250 bicycles to public school students under the aid package of the Agencia Española de Cooperacion Internacional para el Desarollo (AECID) through Fundacion Humanismo y Democracia (H+D), which is being implemented in Zamboanga Peninsula. Through this program, students like Dennis Cañete no longer have to wake up before dawn each morning just to make it to school on foot before six since they now have their own bicycle. In Tawi-Tawi, the teachers, parents and students came together to implement a waste recycling program, proceeds of which were used to assist more than 300 indigent schoolchildren. Helping get this landmark project off the ground was the training that the parentsteachers association went through with support from the U.S.


PBSP Annual Report 2009


Agency for International Development (USAID), International Youth Foundation with its Philippine network, and PBSP. In another part of Tawi-Tawi, high school students were taught how to nurture and harvest seaweeds by the teachers and technicians of the Mindanao State University. The significant earnings helped bankroll the educational needs of schoolchildren and families in remote Bannaran Island. PBSP handled education and IT projects for member companies, such as Petron and ICTSI’s scholarship assistance to public high school students, and the Money Matters Project and Hatch 2: Workforce Entry Financial Education Program of Citi Philippines. PBSP co-managed Smart Communications, Inc.’s SMART Schools Program in partnership with the Department of Education. At least 175 public elementary and high schools now have access to the Internet and education portals for teaching and learning. Over 12,000 teachers have been trained and are now competent in using information and communications technology in teaching and improving the environment for learning. It is combined efforts like these of member companies, donors, partners, parents, teachers and students themselves across the country that fan the flames of hope of reducing poverty in the Philippines.

RESPONSIBLE BUSINESS: Empowering Communities, Sustaining the Environment


The need to ensure the survival and growth of micro, small and medium enterprises has never been more pressing than in times of financial crisis. When big businesses fail or slow down, it is the MSMEs who keep the enterprising poor connected to the economic chain. After all, they constitute the backbone of the Philippine economy, particularly in the rural countryside where there are hardly any large businesses. PBSP has long recognized the crucial role that MSMEs play in economic growth and its Enterprise Development Program is geared toward improving the MSMEs’ access to both financial and business development services to enable them to further grow their business, generate employment and continue contributing to reducing poverty. Micro, Small and Medium Enterprise Credit In 1989, USAID and PBSP established the Small and Medium Enterprise Credit (SMEC) Program through a Trust Fund to help accredited rural and thrift banks and microfinance institutions extend more loans to SMEs, with the Department of Finance as beneficiary. USAID phased out of the program in 1995, but PBSP continues to revolve these to this day, benefiting hundreds of SMEs nationwide. In 1995 and 1998, the Kredintanstalt fur Weideraufbau (KfW) augmented the SMEC funding by PHP 389.7 million (₏11 million) under a bilateral loan agreement among KfW, Land Bank as the borrower, and PBSP as the Project Executing Agency. Collectively, the SMEC Program has disbursed more than PHP 3 billion since its inception. This year, the program added another PHP 113.5 million, which benefited 5,396 MSMEs and helped create 3,713 new jobs. This year, too, we fulfilled our plan to reach out to the so-called base of the pyramid through our partnership with PinoyMe Foundation, to which


PBSP Annual Report 2009


“Enterprise Development Program is geared toward improving the MSMEs’ access to both financial and business development services to enable them to further grow their business, generate employment and continue contributing to reducing poverty.”

PHP 29.5 million was released. Over 3,000 enterprising poor, mainly women, have been extended life-giving microcredit. Business Advisory Program MSMEs can now do more than get by because of much help from friends that they met through PBSP’s Business Advisory Program (BAP). BAP was initially implemented in partnership with the Canadian Executive Service Organization (CESO) with funding support from the Canadian International Development Agency (CIDA).

RESPONSIBLE BUSINESS: Empowering Communities, Sustaining the Environment


The financial grant from CIDA ended in March 2008 but PBSP has since institutionalized the BAP and folded it into the non-credit component of the Enterprise Development Program, complementing SMEC. Under this program, volunteer advisers from different fields—including employees of PBSP members and professionals from the public and private sectors—are tapped to help MSMEs improve their operations, thus strengthening their ability to help others. This year, 78 MSMEs availed themselves of business advisory services and are now part of the close to 400 MSMEs that were assisted by dedicated volunteers who helped in the areas of marketing strategies, setting up of simple accounting and inventory systems, costing and pricing and business planning. Some 115 of these enterprises have demonstrated remarkable improvements in operations and production efficiency, product quality and increase in markets, sales and assets. These MSMEs are engaged in organic farm production, handicraft-making out of recycled paper, coconut husks and other indigenous materials, and pastry production, among others.


PBSP Annual Report 2009


A BAP casebook entitled “Nurturing the Enterprising BOP� was published with funding from iBOP Asia to share the experiences and successes of the program. It shows the relevance of BAP in improving the competitiveness of the enterprising poor at the base of the economic pyramid.

Business in Development Challenge (BiD Challenge) Philippines This year has been good for the Philippine BiD Challenge as Rags2Riches, a social enterprise by Payatas women who transform scrap cloth into designer bags, bagged the top prize in the Netherlands competition, beating entries from more than 25 countries. The Philippines has been producing winners since 2006, which proves that Filipinos have great ideas when it comes to reducing poverty by embracing the market as espoused by PBSP and its partner BiD Network Foundation. The national-level competition this year produced 102 innovative business ideas ranging from ylang-ylang soap to biotech engine oil. These business plans attracted more than PHP 13 million worth of investments with another PHP 9 million under negotiation. The top eight business plans generated 148 new jobs nationwide.

RESPONSIBLE BUSINESS: Empowering Communities, Sustaining the Environment


The saying ‘health is wealth’ may sound trite, but nobody can question its truth. PBSP knows this only too well, which is why it continues to be involved in many projects geared toward improving the delivery and financing of health services. One major health project involves tuberculosis. Controlling and Preventing Tuberculosis: TB LINC Tuberculosis may be a disease of the past in most developed countries, but not in the Philippines. Through the collaboration of public and private stakeholders, however, the country will soon join the roster of countries that will successfully eradicate the scourge of TB. The Linking Initiatives and Networking to Control Tuberculosis (TB LINC) program aims to boost the goal of the National Tuberculosis Control Program (NTP) to prevent and control the curable disease from which close to 80 Filipinos die every day. By assisting the Department of Health and the local government units deliver quality TB services, this USAID-funded program will contribute to the national target of detecting 70% and curing 85% of TB cases. Since 2006, much has been achieved. There has been an increased rate of cases detected in 17 out of the 21 priority provinces. Where there was none at the start of the program, a total of 60 LGUs have issued policies that allocate resources for TB control. The human resource capacity of the local health personnel has been enhanced through intensive training and coaching. Through 23 NGOs, 100 community TB support groups have been mobilized to support both policy advocacy and TB education activities nationwide. This year, TB LINC showed increasing convergence of efforts targeting four major stakeholders: patients, health service providers and managers at the LGU and national levels, local government officials, and communities. This reflects TB LINC’s intensifying assessment of the TB situation from both the demand and supply sides, and applying the required solutions to address gaps in both. On one hand, patients and communities’ demand for quality health services forces the LGUs to improve their services. On the other, improved health services encourage patients to seek help, thus contributing to lower TB. Encouraging cooperation among the different sectors is in line with the recently developed Philippine Plan of Action to Control TB (PhilPACT), to which TB LINC contributed technical assistance. 52

PBSP Annual Report 2009


“Since 2006, much has been

achieved. There has

been an increased rate of cases detected in

17 out of the 21 priority


Access to Health for Mothers and Babies The Philippines is committed to improving maternal health in accordance with the United Nations’ Millennium Development Goals. As such, PBSP is contributing to the achievement of this goal through its programs to improve the health of mothers and babies. In Caraga Region and Zamboanga Peninsula, community assessment and capability training for health volunteers and other stakeholders in education are ongoing. In another partnership with AECID and H+D, PBSP was able to provide at least 34,000 women access to maternal and child health care services. Reaching Waterless Communities In Maguindanao where many areas still do not have access to safe water, PBSP marshaled resources to install three water systems that will benefit 1,500 households. And in General Santos City Hospital, patients no longer have to buy expensive mineral water from stores because of the installation of a purified drinking water facility donated by Dow Chemical Pacific Ltd. RESPONSIBLE BUSINESS: Empowering Communities, Sustaining the Environment


As we conclude PBSP’s 7th Five-Year Plan for Poverty Reduction, we do well to take stock of what we have accomplished from 2004 to 2009. We launched our Plan with the challenge to leap forward. As the lead convenor of the Business and MDGs campaign, PBSP rallied businesses to align their programs with, or support MDG-endorsed projects. By 2009, 547 companies had reported their contribution of PHP 2.53 billion through direct support to or alignment of programs with the MDGs. The UN cited the Philippines as one of the good examples in the world of how the business sector could contribute to the global campaign to end poverty. The numbers grew in the past five years. In 2008, PBSP’s assets breached the PHP 1 billion mark. That same year saw members contributing PHP 75.84 million, the highest on record. Five-year member-contributions totaled PHP 335 million, which is 81% higher compared to the prior five years’ total. From 183 members in 2004, we grew to 255 in 2009 net of the companies that were no longer active. With the contributions of our members, we attracted and generated PHP 1.13 billion for projects from donor organizations. Over PHP 1.9 billion were disbursed through grants, financial assistance, and development loans. We built human and organizational capacities to help stamp out poverty. Our assisted schools particularly in poorest, conflict-affected areas in Mindanao are performing better in national achievement tests. Participation rates and school attendance have also improved significantly. Through PBSP, development partners and the business community invested PHP 476 million for education and information technology.


PBSP Annual Report 2009


“We created more than 6,000 new jobs and strengthened the competitiveness of micro, small and medium scale enterprises...”

We built the foundations of self-reliant communities. We organized and trained more than 70,000 households in 378 poor communities in priority areas in Luzon, Visayas and Mindanao. We trained these organized groups on productive and organizational skills. The key results are access to livelihood opportunities and income increases demonstrated by at least 30% of poor households reached. More than 20,000 families now have potable water, and 30,000 are provided with health care. More than 5,000 families have security of tenure and now live in permanent and better houses. We nurtured enterprises through credit and non-credit assistance. We created more than 6,000 new jobs and strengthened the competitiveness of micro, small and mediumscale enterprises with our combined credit and business advisory assistance. These results were realized despite the market’s liquidity, which contributed to loan draw-down equivalent to only 30% of our target, or PHP 448 million.

RESPONSIBLE BUSINESS: Empowering Communities, Sustaining the Environment


We forayed into nationwide intervention for disease prevention and quality health care. With our track record in mobilizing multiple stakeholders, implementing workplace health programs, and transparency and accountability to donors, we were entrusted with the management of a US$ 12.5 million grant from the USAID in support of the National Tuberculosis Control Program. The first three years saw local governments enacting supportive legislation and committing budgets for TB control. By engaging communities in changing behaviors towards TB, an increase in TB treatment outcomes has been noted in many of the project sites. We sustained the environment and responded to disasters. Calamities contributed to incidence of poverty over the past five years. Guided by the principles of sustainable development, we helped move families out of danger, rehabilitated livelihood, and rebuilt self-reliant communities. Four years after the landslide in Southern Leyte, we are now ready to phase out and turnover our programs to the survivors who have organized themselves into a capable homeowners’ association. We reforested a total of 5,380 hectares of forest cover. Additional 1,596 hectares were reforested for agroforestry and 139 hectares for mangroves. Marine protected areas we regenerated reached 51 hectares. @


PBSP Annual Report 2009


“We will innovate and harness the technology of business to address poverty and other social problems.”

PBSP at 40: Continuing and Changing “Middle age is youth without levity, and age without decay.” – Daniel Defoe For the 8th Five-Year Plan, poverty reduction will continue to be at the core of our organizational existence. This core shall drive all our efforts to change and become more responsive to the needs of the poor, our member-companies and donors. As we ended our 7th Five-Year Plan, disasters have befallen the country, hitting our poor communities the hardest. Our poor communities remain most vulnerable to disasters. With climate change, the threat of disasters looms larger. Thus, in our 8th Five-Year Plan, we will ensure that our poverty reduction programs integrate disaster risk management efforts. We will innovate and harness the technology of business to address poverty and other social problems. Forty years hence, businesses anywhere still acknowledge that to embrace the tenets of corporate citizenship is to ensure the survival of businesses and society. Getting business involved in creative problem-solving that combines tested social development and business technologies is reinventing PBSP as it reaches midlife. Life, indeed, begins at forty!

RESPONSIBLE BUSINESS: Empowering Communities, Sustaining the Environment



FY 2008 - 2009

PBSP met the challenges of fiscal year 2008-2009 head-on. Many of our member companies faced their own challenges but their generosity generated PHP 71.5 million in contributions, which were matched 3.54 times by grants amounting to PHP 253.05 million from donors and partners, both new, and old. Combined together, contributions reached PHP 324.59 million, slightly up from PHP 323.44 million previously. From a fund source perspective, your Foundation raised 91% of total revenues from support from contributions and grants. The performance of our investments continued to be influenced by the setback from the global economic crisis, as our trustee banks’ combined investment income closed this year at PHP 27.42 million against PHP 36.98 million in fiscal year 2008. As a result, your Foundation earned PHP 356.74 million in revenues, lower by 2.41% from the past year’s PHP 365.35 million. I am happy to report that at least 85% of total monies spent went to projects and that our cost to raise a peso was 15 centavos. From an expense standpoint, our core projects in health specifically tuberculosis, education, basic services and sustainable livelihood grew by almost 4% from PHP 294.47 million in 2008 to PHP 308.12 million this fiscal year. Mindful of our fiscal responsibility, your Foundation kept operating expenses at similar levels as the previous year, or at PHP 44.0 million. Total expenditures reached PHP 361.89 million in 2009 against PHP 350.85 million previously. From the perspective of efficiency, your Foundation is proud to report that our operating expenses accounted for only 12.32% of total support and income for the year just ended. We closed the year with an operating deficit of PHP 5.14 million.

We managed to maintain a solid base, with assets of PHP 982.24 million.

Deferred support decreased from PHP 216.22 million to PHP 195.54 million due mainly to a correction of prior years’ impairment losses of restricted financial advances. Of total deferred support, PHP 52.14 million has been appropriated by the Board for specific projects, compared with PHP 47.03 million previously. Payments of the principal amortization of the small enterprise facility brought down fund liability to PHP 359.46 million from last year’s PHP 370.16 million.


PBSP Annual Report 2009

Fiscal year 2009 may have been a tough year but your Foundation managed to bring up fund balance to PHP 385.10 million or 5% better than the PHP 368.15 million posted last year. Of these, PHP 17.16 million is a liability for future year payments on already approved grants. In addition, our reserve for future projects grew stronger from PHP 325 million in 2008 to PHP 335 million this year. Collectively, you have all helped us ensure a solid foundation to withstand the challenges that the year brought. Our fiscal year ended with Typhoon Ondoy’s deluge and destruction, rendering countless fellow Filipinos helpless and poorer, yet drawing strength and hope from every other Filipino’s spirit of bayanihan. Much has yet to be done, as we enter the new fiscal year. We will continue to maximize every donation, every contribution, and ensure that we remain fiscally responsible and efficient while rebuilding lives, restoring communities and respecting our planet. On behalf of the Board of Trustees, I extend my deepest gratitude to all our members, donors and partners who made our work possible.

Ramon R. del Rosario, Jr. Treasurer


FY 2008 - 2009

The Board of Trustees Philippine Business for Social Progress Further to our oversight role, we confirm that: •

All members of the committee are independent and non-executive directors. Together, the audit committee members possess the relevant financial experience required to discharge the committee’s duties;

We have reviewed and discussed the audited financial statements of Philippine Business for Social Progress (PBSP) as of and for the year ended September 30, 2009 with PBSP’s management, which has the primary responsibility for the financial statements, and with Punongbayan & Araullo (P&A), PBSP’s independent auditor, who is responsible for expressing an opinion on the conformity of PBSP’s audited financial statements with Philippine Financial Reporting Standards;

We have discussed with P&A, matters required by the audit committee charter to be discussed e.g. the adoption for the first time Philippine Interpretation IFRIC 14, PAS 19 – The Limit on a Defined Benefit Asset, Minimum Funding Requirements and their Interaction. The adoption did not result in any material adjustments to the financial statements; • We have discussed with PBSP’s Internal Auditor and P&A, and we have approved, the overall scope and plans for their respective audits; •

We met with PBSP’s Internal Auditor and P&A, to discuss the results of their examinations, their evaluations of PBSP’s internal controls and the overall quality of PBSP’s financial reporting. • Based on the reviews and discussions referred to above, in reliance on PBSP’s management, we recommended to the Board of Trustees and which the Board has approved, the inclusion of PBSP’s audited financial statements as of and for the year ended September 30, 2009 in PBSP’s Annual Report to its member companies; and •

Based on the review of P&A’s performance and qualifications, including consideration of management recommendation, we recommend the reappointment of P&A as PBSP’s independent auditor. On behalf of the audit committee:

David L. Balangue Chairman


PBSP Annual Report 2009


Report of Independent Auditors Financial Statements Notes to Financial Statements


20th Floor, Tower 1 The Enterprise Center 6766 Ayala Avenue 1200 Makati City Philippines

THE BOARD OF TRUSTEES PHILIPPINE BUSINESS FOR SOCIAL PROGRESS, INC. (A Non-stock, Non-profit Corporation) 3rd Floor, PSDC Building Magallanes corner Real Streets Intramuros, Manila

T +63 2 886-5511 F +63 2 886-5506; +63 2 886-5507

We have audited the accompanying financial statements of Philippine Business for Social Progress, Inc., which comprise the balance sheets as at September 30, 2009 and 2008, and the related statements of support, income and expenditures, statements of changes in fund balance and cash flow statements for the years then ended, and notes to financial statements comprising of a summary of significant accounting policies and other explanatory notes.

Management’s Responsibility for the Financial Statements Management is responsible for the preparation and fair presentation of these financial statements in accordance with Philippine Financial Reporting Standards. This responsibility includes: designing, implementing and maintaining internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error; selecting and applying appropriate accounting policies; and making accounting estimates that are reasonable in the circumstances.

Auditors’ Responsibility Our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits in accordance with Philippine Standards on Auditing. Those standards require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance whether the financial statements are free from material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor’s judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity’s preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity’s internal control. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of accounting estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.

Opinion In our opinion, the financial statements present fairly, in all material respects, the financial position of Philippine Business for Social Progress, Inc. as of September 30, 2009 and 2008, and of its support, income and expenditures, the changes in its fund balance and its cash flows for the years then ended in accordance with Philippine Financial Reporting Standards.

Other Matters Our audits were made for the purpose of forming an opinion on the basic financial statements taken as a whole. The supplementary information shown on Schedule 1 is presented for the purpose of additional information and is not a required part of the basic financial statements. Such information has been subjected to the auditing procedures applied in the audit of the basic financial statements and, in our opinion, is fairly stated in all material respects in relation to the basic financial statements taken as a whole.


Certified Public Accountants P&A is a member firm with Grant Thomton International Ltd.


Francis B. Albalate Partner CPA Reg. No. 0088499 TIN 120-319-015 PTR No. 1566058, January 5, 2009, Makati City SEC Accreditation No. 0104-AR-2 BIR AN 08-002511-5-2008 (Nov. 25, 2008 to 2011)

Offices in Cebu, Davao, Cavite BOA/PRC Cert. of Reg. No. 0002 SEC Accreditation No. 0002-FR-2


PBSP Annual Report 2009

December 1, 2009


BALANCE SHEETS SEPTEMBER 30, 2009 AND 2008 (Amounts in Philippine Pesos)

RESPONSIBLE BUSINESS: Empowering Communities, Sustaining the Environment


(A Non-stock, Non-profit Corporation)




PBSP Annual Report 2009




RESPONSIBLE BUSINESS: Empowering Communities, Sustaining the Environment



CASH FLOW STATEMENTS FOR THE YEARS ENDED SEPTEMBER 30, 2009 AND 2008 (Amounts in Philippine Pesos)


PBSP Annual Report 2009


NOTES TO FINANCIAL STATEMENTS SEPTEMBER 30, 2009 AND 2008 (Amounts in Philippine Pesos)







In 2009, certain parcel of land and building and improvements located in Intramuros, Manila with carrying amount of P5,685,307 were reclassified to Non-currrent Assets Held for Sale account (see Note 8).






(A Non-stock, Non-profit Corporation)




Schedule 1

PBSP Annual Report 2009



PBSP Board of Trustees CEOs and Members in Action Committees and Members Foundation Staff


as of December 31, 2009

CHAIRMAN Manuel V Pangilinan Chairman Philippine Long Distance Telephone (PLDT) Co. VICE CHAIRMAN Paul G. Dominguez Director Sarangani Agricultural Co., Inc. TREASURER Ramon R. del Rosario, Jr. President and CEO Philippine Investment Management (PHINMA), Inc. MEMBERS Jon Ramon M. Aboitiz Chairman Aboitiz & Company, Inc. Jose Antonio Y. Aboitiz Representative Davao Light and Power Company Ramon Xavier C. Agustines President Ramcar, Inc. Nicasio I. Alcantara1 Former Director Petron Corporation David L. Balangue Chairman SGV & Co. Jose Antonio Banson Chairman Monark Equipment Jocelyn Campos-Hess Chairman of the Board United Laboratories, Inc. Edgar O. Chua Country Chairman Shell companies in the Philippines Jaime Ruiz de Haro President, Asia and Australia Region CEMEX Group of Companies (representing APO Cement Corporation) Fernando Fernandez Chairman & CEO Unilever Philippines, Inc. Tammy H. Lipana2 Former Chairman and Senior Partner Isla Lipana and Co./PricewaterhouseCoopers


PBSP Annual Report 2009

Federico R. Lopez President and CEO First Gen Corporation (representing First Philippine Holdings Corporation) Judith V. Lopez Chairman and Senior Partner Isla Lipana & Co./PricewaterhouseCoopers John Martin Miller Chairman and Chief Executive Officer Nestlé Philippines, Inc. Doreswamy Nandkishore3 Former Chairman and Chief Executive Officer Nestlé Philippines, Inc. Ma. Luisa Y. Perez-Rubio Chairperson Ponderosa Farms, Inc. Marixi R. Prieto Chairman of the Board Philippine Daily Inquirer, Inc. Eric O. Recto President Petron Corporation Pedro E. Roxas Executive Chairman Roxas Holdings, Inc. Hans T. Sy4 President SM Prime Holdings, Inc. and First Executive Vice President SM Investments Corp. Bienvenido A. Tan, Jr.5 President and General Manager The Bookmark, Inc. James G. Velasquez President and General Manager IBM Philippines, Inc. Sanjiv Vohra Country Officer Citi CORPORATE SECRETARY Cirilo P. Noel Managing Partner SGV & Co.

1Served as PBSP trustee until June 2009 2Served as PBSP trustee until June 2009 3Served as PBSP trustee until September 2009 4Served as PBSP trustee until January 2009 5Served as PBSP trustee until June 2009

The PBSP vision has been kept alive by these men and women committed to empowering communities to rise above poverty.



PBSP Annual Report 2009

RESPONSIBLE BUSINESS: Empowering Communities, Sustaining the Environment


COMMITTEES AND MEMBERS EXECUTIVE COMMITTEE Chairman Manuel V Pangilinan Chairman Philippine Long Distance Telephone (PLDT) Co. Vice Chairman Paul G. Dominguez Director Sarangani Agricultural Co., Inc. Treasurer Ramon R. del Rosario, Jr. President and CEO Philippine Investment Management (PHINMA), Inc. David L. Balangue Chairman SGV & Co. Ma. Luisa Y. Perez-Rubio Chairperson Ponderosa Farms, Inc. Marixi R. Prieto Chairman of the Board Philippine Daily Inquirer, Inc. Pedro E. Roxas Executive Chairman Roxas Holdings, Inc. LUZON REGIONAL EXECUTIVE COMMITTEE Jose Antonio Banson (Chairman) Chairman Monark Equipment Bienvenido A. Tan, Jr.1 (Co-chairman) President and General Manager The Bookmark, Inc. Amable C. Aguiluz IX President Ink for Less


PBSP Annual Report 2009

Elizabeth M. Canlas Vice President First Philippine Holdings Corporation Teri M. Cruz CSR Coordinator Holcim Philippines, Inc. Isabel C. Y. Cu President Yutivo Corporation Marilou G. Erni Executive Director Petron Foundation Johnson D. Ongking Vice President for Operations Pacific Paint (Boysen) Philippines Cezar T. Quiambao President and CEO Stradcom Corporation Edwin L. Umali President Mabuhay Vinyl Corporation VISAYAS REGIONAL EXECUTIVE COMMITTEE Jose Antonio Y. Aboitiz (Chairman) Representative Davao Light and Power Company Jose Levi S. Villanueva (Vice-Chairman) Senior Vice President Union Bank of the Philippines

as of December 31, 2009 Romelinda C. Garces Communications Officer San Miguel Corporation Rogelio Q. Lim General Manager East Asia Utilities Corporation Eileen G. Mangubat Publisher Cebu Daily News Melanie C. Ng Executive Vice President Ng Khai Development Corporation Atty. Hidelito S. Pascual Chairman and President Organizational Performance Associates, Inc. Ricardo G. Santiago2 Consultant on Corporate Affairs HRM and Corporate Affairs, PASAR, LIDE Hernando O. Streegan Executive Chief Operating Officer Rhine Marketing Corporation Philip N. Tan President and CEO Wellmade Motors and Development Corporation Ma. Madeira R. Vestil Senior Director SGV & Co. Tomas S. Yap Vice President Citi

Rito C. Apas Mandaue Terminal Manager Petron Corporation


Dionisio T. Baseleres Public Relations Consultant First Consolidated Bank

Paul G. Dominguez (Chairman) Director Sarangani Agricultural Co., Inc.

Marissa N. Fernan Vice President SM Investments Corporation

Jaime Jose Aboitiz Executive Vice President and Chief Operating Officer Davao Light and Power Company

Manuel G. Boniao President and CEO People’s Agri-Services Supply, Inc. Edgar L. Bullecer Chief Operating Officer Paglas Corporation Emilie Ann G. Dumalag Business Affairs & Communications Manager – VisMin San Miguel Corporation Alicia O. Lu Partner SGV & Co. Anthony B. Sasin Executive Vice President Anflo Management & Investment Corporation CORPORATE CITIZENSHIP COMMITTEE Pedro E. Roxas (Chairman and Business and MDG Lead Convenor) Executive Chairman Roxas Holdings, Inc. Jon Ramon M. Aboitiz (Business and MDG Poverty Cluster) Chairman Aboitiz & Company, Inc. Edgar O. Chua (Business and MDG Health Cluster) Country Chairman Shell companies in the Philippines Ramon R. del Rosario, Jr. (Business and MDG Education Cluster) President & CEO Philippine Investment Management (PHINMA), Inc.

Fernando Fernandez (Business and MDG Environment Cluster) Chairman and CEO Unilever Philippines, Inc. Federico R. Lopez (Business and MDG Environment Cluster) President and CEO First Gen Corporation (representing First Philippine Holdings Corporation) John Martin Miller (Business and MDG Environment Cluster) Chairman and CEO Nestlé Philippines, Inc. Doreswamy Nandkishore (Business and MDG Environment Cluster)3 Former Chairman and CEO Nestlé Philippines, Inc. Bienvenido A. Tan, Jr. (Business and MDG Health Cluster)4 President and General Manager The Bookmark, Inc. SMALL AND MEDIUM ENTERPRISE CREDIT (SMEC) PROJECT IMPLEMENTATION COMMITTEE Tammy H. Lipana (Chair) 5 Former Chairman and Senior Partner Isla Lipana & Co./ PricewaterhouseCoopers Eric O. Recto (Co-chair) President Petron Corporation Walter W. Wassmer (Co-chair) Senior Executive Vice President BDO Suzanne I. Felix Executive Director Chamber of Thrift Banks

Cecilia C. Borromeo Senior Vice President Cielito H. Lunaria (Alternate representative of Ms. Cecilia Borromeo) Assistant Vice President/HeadFinancial Institutions Department Land Bank of the Philippines Vicente R. Mendoza Executive Director Rural Bankers Association of the Philippines Stella C. Laureano Chief Financial Management Specialist Department of FinanceInternational Finance Group Rhodora M. Leaño Director Department of Trade & Industry Bureau of Small & Medium Enterprise Development (BSMED) Roda T. Celis Senior Assistant Vice President Development Bank of the Philippines (non-voting) I.T. COMMITTEE James G. Velasquez (Chairman) President and General Manager IBM Philippines, Inc. RESOURCE MOBILIZATION COMMITTEE Manuel V Pangilinan (Chairman) Chairman Philippine Long Distance Telephone (PLDT) Co. Paul G. Dominguez Director Sarangani Agricultural Co., Inc. Ramon R. del Rosario, Jr. President and CEO Philippine Investment Management (PHINMA), Inc.

Jon Ramon M. Aboitiz Chairman Aboitiz & Company, Inc. AUDIT COMMITTEE David L. Balangue (Chairman) Chairman SGV & Co. Isabel C. Y. Cu President Yutivo Corporation Tammy H. Lipana 5 Former Chairman and Senior Partner Isla Lipana & Co./ PricewaterhouseCoopers Judith V. Lopez Chairman and Senior Partner Isla Lipana & Co./ PricewaterhouseCoopers Alicia O. Lu Partner SGV & Co. Jonathan G. Rivera Managing Partner Sta. Ana, Rivera and Company, CPAs MEMBERSHIP AND EXTERNAL RELATIONS COMMITTEE Marixi R. Prieto (Chairperson) Chairman of the Board Philippine Daily Inquirer, Inc.

Jaime Ruiz de Haro President – Asia and Australia Region CEMEX Group of Companies (representing APO Cement Corporation) Federico R. Lopez President and CEO First Gen Corporation (representing First Philippine Holdings Corporation) Ma. Luisa Y. Perez-Rubio Chairperson Ponderosa Farms, Inc. Hans T. Sy6 President SM Prime Holdings, Inc., and First Executive Vice President SM Investments Corporation Sanjiv Vohra Country Officer Citi Elizabeth M. Canlas Vice President – HMRG First Philippine Holdings Corporation Jose Levi S. Villanueva Senior Vice President Union Bank of the Philippines Anthony B. Sasin Executive Vice President Anflo Management & Investment Corporation

Ramon Xavier C. Agustines President Ramcar, Inc. Jocelyn Campos-Hess Chairman of the Board United Laboratories, Inc.

1 Served until June 2009 2 Served until November 2009 3 Served until September 2009 4 Served until June 2009 5 Served until June 2009 6 Served until January 2009

RESPONSIBLE BUSINESS: Empowering Communities, Sustaining the Environment



as of September 30, 2009

Senior Management Team

Luzon Regional Operations

Executive Director Gil T. Salazar Deputy Executive Director Ramon R. Derige Associate Director Patricia Grace C. Calilong Director Jazmin A. Gutierrez Director Leo Dionisio H. Hilado, Jr. Director Jose Rico C. Coligado Assistant Director Rene M. Fortuno

Manager Maria Felda S. Domingo Senior Program Officer Remedios R. Amores Senior Training Officer Maria Olivia S. Burgos Program Coordinator Ian Carlo C. Meimban Program Officer Edwin Q. Cuartero Program Officer Guadalupe C. Del Moro Program Officer Dhino B. Geges Program Officer Jennifer M. Ginete Program Officer Francis J Algernon G. Bartolome Project Officer Ray Christian V. Batac Project Officer Cecilio P. Guardian III Project Officer Elvie Jo C. Robis Project Officer Katherine Michel V. Tecson Veronica Loida M. Viri単a Project Officer Diana T. Alborida Community Organizer II Community Organizer II Cherrylyn A. Panganiban Geovana G. Maceda Administrative Supervisor Charmaine Janice E. Nidea Financial Analyst I Mary Jean Q. Salcedo Finance & Administrative Assistant Ave C. Repoquit Staff Assistant

Executive Office Executive Director Senior Executive Assistant Executive Secretary Driver

Gil T. Salazar Judy Q. Aca-Saclamitao Rosalinda B. Octaviano Wilson S. Deang

Operations Group Directorate Ramon R. Derige Deputy Executive Director Leo Dionisio H. Hilado, Jr. Director Riza M. Horcasitas Senior Program Officer Paneilo C. Tunac Program Specialist Antonette V. Javier-Catungal Project Officer Katrina T. Salagan Project Officer Eleanor P. Baldonado Senior Staff Assistant


PBSP Annual Report 2009

Utility Staff Utility Staff

Leovell S. Bueno Rodel A. Sumunod

Mindanao Regional Operations


Visayas Regional Operations Senior Program Officer Jessie M. Cubijano Senior Program Officer Maricar Olivia G. Jabido Program Coordinator Rey J. Dela Calzada Program Coordinator Aurelio S. Salgados, Jr. Program Coordinator Riva G. Valles Program Officer Maria Luisa B. Largo Finance and Admin. Officer Jacilda S. Quilo Project Officer Maria A. Bu単ao Project Officer Evelyn Mae B. Monjas Resource Mobilization Officer Jan Sherwin P. Wenceslao Technical Officer II Jesus Ezer D. Borci Technical Officer II Danilo E. Cabantug Technical Officer II Rey Vincent M. Chan Technical Officer II Leo S. Pelletero Technical Officer II Rey Oliver D. Perez Financial Assistant II Doreen Q. Melendres Staff Assistant Elmarie E. Garso Driver/Messenger Cristito C. Millor, Jr. Driver Camilo B. Pador Samar Field Office Program Coordinator Technical Officer I Administrative Supervisor Technical Officer II Technical Officer II Financial Assistant II Driver/Messenger

Cecilia C. Ang Neil R. Pancipanci Lucia M. Erpe Dorie B. Garado Rodolfo R. Macalalag Sheryl J. Jabonero Noel B. Babon

Marylin B. Muncada Regional Manager Mary Jay V. Infiesto Senior Program Officer Rommel M. Gonzales Program Coordinator Virgilio B. Jimenez, Jr. Program Officer Emmanuel Gerard O. Afable Project Officer Maria Fe Z. Alabado Project Officer Gemwil L. Clarin Project Officer James B. Delos Reyes Project Officer Jose Rolando G. Ortega Project Officer Fatima Sarpina A. Pandangan Project Officer Project Officer Perfecto B. Rom, Jr. Project Officer Aileen S. Rombaoa Community Organizer I Danilo C. Bentoy Community Organizer II Karen A. Aballe Community Organizer II Vivian S. Antonio Community Organizer II Carmela S. Belonio Community Organizer II Ismaila V. Callejo Community Organizer II Michael A. Cornelia Community Organizer II Jeanny Claire E. Dayonot Community Organizer II Ni単o Kim R. Diez Community Organizer II Stanley B. Lledo Community Organizer II Judielyn N. Morales Community Organizer II Ailyn A. Nabi Community Organizer II Vicente C. Noay, Jr Community Organizer II Zobaida S. Pelandoc Community Organizer II Honey Joy A. Sampiano Community Organizer II Myravit P. Toledo Communication Officer I Danilo C. Escabarte Financial Assistant I Joseph Pancratius T. Pelaez Financial Assistant III Eirene B. Abellana Financial Assistant III Ivy May A. Conde Secretary Leah T. Rosete Antonio F. Aguinaldo Driver/Messenger/Janitor Apolinario D. Reyes, Jr. Driver/Messenger

Center for Rural Technology Development Senior Technical Officer Financial Assistant I Technical Officer II Technical Officer II Technical Officer II Technical Assistant

Arlan L. Adorada Jake Emmerson R. Aguado Gerardo B. Gauna Redentor R. Gonzaga Amy Melissa B. Malaluan Nicolas D. Marasigan


RESPONSIBLE BUSINESS: Empowering Communities, Sustaining the Environment



as of September 30, 2009

Pfizer Project Arnyl G. Araneta Reno Carter C. Nalda Mercedita A. Rosetes Francis Oliver P. Sison

Program Officer Program Officer

BiD 2009 Project Donna P. Cari単o Melonie D. Jallorina-Tejol

Program Program Program Program

Officer Officer Officer Officer

Program Officer Program Officer


Enterprise Development Group Associate Director Business Support Manager

Patricia Grace C. Calilong Felix A. Tonog

Small and Medium Enterprise Credit Director Jose Rico C. Coligado Account Manager Elmer E. Beleta Account Manager Deborah M. Gapas Credit and Documentation Supervisor Agnes A. Cosme Service Assistant Katrina DJ. Dela Rosa Staff Assistant Ferliza G. Jimenez Business Advisory Program Ma. Rocelyn L. Bernabe Rowena D. Rivera Lizlei Ann A. Puno Arianne Jane I. Sulla

Manager Area Manager (Luzon) Area Manager (Visayas) Area Manager (Mindanao)

Training and Consulting Group Director Assistant Director Account Manager Business Development Manager Finance and Contracts Specialist Materials Development Officer Program Officer Business Development Associate Graphic Designer Project Assistant Training Assistant Program Coordinator Community Organizer II Community Organizer II Community Organizer II Community Organizer II Community Organizer II Community Organizer II Community Organizer II Community Organizer II 88

PBSP Annual Report 2009

Jazmin A. Gutierrez Rene M. Fortuno Eric E. Camacho Leilani B. Mc Donough Reah L. Pedroso Rowena M. Ca単ete Jerome C. Daclison Genelyn T. De Peralta Marilyn SP. Mirando Ryan Q. Abarquez Clarissa C. Apuli SUMACORE Project Rudy F. Tutor Rodolfo G. Aguilar Letecia A. Alaba Maria A. Barquilla Cecilia B. Labustro Jayson D. Laurente Joel F. Nabre Arniel B. Perocho Raselle O. Villarena-Moral

Health Pro Project Ma. Nilda U. Loresto Talk & Text Tipid Sulit Project Jerome P. Tri単ona Training and Consulting - TBLINC

Chief of Party Dolores C. Castillo, M.D. Deputy Chief of Party Julito C. Sabornido, Jr. M.D. Field Operations Director Isagani I. Bolompo, M.D. Regional Team Leader (Luzon) Rogelio M. Ilagan, M.D. Regional Team Leader (Visayas) Pilar F. Mabasa, M.D. Regional Team Leader (Mindanao) Gracebel A. Angeles, M.D. Co-Team Leader (Mindanao) Teodoro B. Yu, Jr. M.D. Project Planning Monitoring Evaluation Judith I. Tapiador, M.D. Unit Team Leader Component II Team Leader Arthur B. Lagos, M.D. Component III Team Leader Felix S. Bautista, Jr. Capacity Building Specialist Francisco T.Ogsimer, Jr. M.D. Communication Specialist Rosario Maria D. Nolasco Community Participation Specialist Mario C. Articona Grants Procurement & Finance Catherine P. Guevarra Specialist Fidel C. Bautista Senior Monitoring & Evaluation Specialist Project Communication Specialist Dino Alberto E. Subingsubing Deputy Program Administration & Erwin F. Rafael Finance Unit Team Leader Senior Program Officer (Luzon) Averdin T.Bucad Senior Program Officer (Visayas) Annie O. Largo Office Manager Marrisa C. Carpio Program Officer (Luzon) Thanz Pamela II G. Guisihan Program Officer (Visayas) Jeremiah J. Enriquez


Program Officer (Mindanao) Michelle C. Feliscuzo Program Officer (Mindanao) Sharlene April G. Jalandra Eldrin H. Terrobias Database & Network Administrator Finance & Admin. Officer (Visayas) Elvin T. Narbonita Emilly O. Esca単o Finance & Admin. Officer (Mindanao) Technical Assistant Indira M. Nicanor Technical Assistant Miraflor R. Quiambao Divina Joy F. Vilchez Technical Assistant Administrative Assistant Leonora R. Antinero Noli P. Andong Finance Officer II (Luzon) Finance Officer II (Visayas) Loida R. Hegna Finance Officer II (Mindanao) Tonette P. Aparente Diana C. Abarintos Financial Assistant II Receptionist Gladys S. Del Mundo-Manipor Ruel S. Alacre Driver (Luzon) Driver (Luzon) Edwin L. Samson Driver/Messenger (Mindanao) Archie Lorenzo C. Langamin Liaison Clerk Michael B. Morales Maintenance Staff/Messenger Mark D. Sebastian Membership Development Manager Program Officer Project Officer Project Officer Staff Assistant

Victoria SJ. Co Kristine J. Rivadelo Lea Loreen J. Sacay John Michael O. Sison Gerald Caezar B. Ilaya Center for Corporate Citizenship

Manager Caroline Grace M. Pedragosa Senior Program Officer Angeline C. Bondad Senior Training Officer Edwin E. Calubag Program Officer Elaine Sunshine C. Roxas Project Officer Mary Ruth J. H. Del Pilar Ma. Kristina D. Lazaro Project Officer Training Assistant Virgilio A. Baylon Staff Assistant Lorelie D. Siguenza Foundation Affairs Manager Communication Officer I Graphics Designer Communication Officer II Communication Officer II Staff Assistant

Rowena B. Sugay Miguel D. Yabut Marilou P. Odulio Gilmarie Ethel B. Briones Krystel Marie E. Santiago Juvy V. Domingo Finance

Manager Finance Officer II Finance Officer II Finance Officer II Finance Officer II Finance Officer II Finance Officer II Finance Officer II Accounting Clerk Liaison Clerk

Maria Lourdes G. Arroyo Nicanor C. Bandoquillo Lourdes S. Base Evelyn A. Blanco Leonida S. Centeno Ferdinand S. Fernando Charmain T. Pardilla Daisy C. Querido Eleonor D. David Alex A. Namoro


Internal Audit Ulysses Ursie C. Nemil Gemma A. Villa Irene N. Garcia

Internal Auditor Audit Specialist Audit Assistant

Human Resources Development Manager HRD Officer HRD Officer Company Nurse HRD Assistant

P.J. Bombeta Sherry Marie Q. Ragaza Renato Z. Dela Rosa, Jr. Dennis L. Mata Marivic B. Quiobe General Services

Manager GSU Officer GSU Assistant Records/Facilities Assistant Driver/Messenger Driver Maintenance and Utility Staff Messenger Messenger Utility Staff Utility Staff Utility Staff

Melba P. Raymundo Erwin C. Ayalde Juanita P. Raquepo Lizel D. Antalan Alfredo S. Reyes Glen G. Genobes Luis C. Cristobal Mariano R. Dulay, Jr. David T. Gonzales Angelito M. dela Pe単a Glenn G. Duran Francisco P. Joaquin, Jr.

Management Information System System Analyst PC Technician

Ryan M. Milante Christopher A. Dela Cruz

RESPONSIBLE BUSINESS: Empowering Communities, Sustaining the Environment


THANK YOU TO OUR DONORS INSTITUTIONAL DONORS A. Soriano Corporation Aboitiz & Co., Inc. Aboitiz Foundation, Inc. Adarna House, Inc. Agencia Española de Cooperaciôn Internacional para el Desarollo Airlift Asia, Inc. Airlift Asia Cebu, Inc. Alson Aqua Culture Alson Insurance Brokers, Inc. Amalgamated Specialities Corporation Anflo Management and Investment Corp. Angelo King Foundation, Inc. Asia Foundation Asian Development Bank Asian Development Bank - Japan Fund for Poverty Reduction (Reflows) Australia & New Zealand Banking Group, Ltd. Ayala Foundation, Inc. Bahay ni Angelo King Foundation Bank of the Philippine Islands Bato Balani Foundation Benigno S. Aquino Foundation BiD Network Foundation Bookmark, Inc., The Boyla’s Dive Center British Embassy Brother’s Brother Foundation Business World Caucus of Development NGO Networks Cebu Daily News Cebu Furniture Industries Foundation, Inc. Cebu International School Children Cebu Realtors Board Cess Jacinto Chemonics International Chevron Philippines, Inc. Children’s Hour Christmas Cards Fund Campaign donors Citadel Citi Citi Foundation, Inc. Citibank Savings Citifinancial Coca-Cola Foundation Atlanta, Inc. Coca-Cola Foundation Philippines, Inc. Connie Araneta Consuelo Foundation Corinthian Commercial Corporation Credit Suisse First Boston HK, Ltd. Cynthia Te Davao Light & Power Company Dedon Manufacturing, Inc. Deparment of Finance - SMEC Liquidity Reflows Department of Agriculture - Bureau of Fisheries and Aquatic Resources


PBSP Annual Report 2009

Fiscal Year 2008 - 2009

DISOP Diwa Learning Systems, Inc. Dow Agro-Sciences, B.V. Dow Chemical Pacific Ltd. Dynamic Youth-Cebu Chapter East-West Seed Company, Inc. Elena Tan Foundation Employees of Citi Employees of Dow Chemicals Philippines, Ltd. Employees of First Philippine Holdings Corporation Employees of Fluor Employees of IBM Daksh Employees of IBM Philippines Employees of Ink for Less, Inc. Employees of Isla Lipana & Co. / PricewaterhouseCoopers Employees of Monark Equipment Employees of Pacific Traders and Manufacturing Corporation Employees of PBSP Employees of PG3 Employees of Ramcar, Inc. Employees of San Miguel Yamamura Employees of Smart Communications, Inc. Employees of Watson Wyatt Philippines, Inc. Energy Development Corporation Entrepreneur Magazine ePLDT Ventus Ever Corporation Fairchild Semiconductors (Phils.), Inc. FBMA Marine, Inc. Figaro Coffee Systems, Inc. First Consolidated Bank First Pacific Co. Ltd. through the Metro Pacific Investments Corporation Flying V Foundation for a Sustainable Society, Inc. Fundacion Santiago Garces Royal Garden & Food Service German Development Service Give2Asia/Pfizer, Inc. GlaxoSmithKline, Philippines, Inc. GLC Realty Development Corporation GMA Network Golden ABC, Inc. Goodman Fielder International Phils., Inc. Goodwill Bookstore GTZ-Eco Industrial Development Holcim Philippines, Inc. Ho Tong Hardware, Inc. Hongkong & Shanghai Banking Corporation, The IBM Daksh iBOP Asia Iglesia ni Kristo Ink for Less, Inc. ING Bank

International Container Terminal Services, Inc. Inquirer Publications, Inc. Intergen International Youth Foundation Isla Lipana & Co. / PricewaterhouseCoopers Islands Souvenirs, Inc. Jollibee Foods Corporation JOPA Enterprises, Inc. Jose Antonio Banson Jose Cuisia Joseph Peng Juanito King & Sons, Inc. Julie’s Franchise Corporation Karl Kubel Stiftung for Mankind and Humanity Kay Jimenez L’Oreal Philippines, Inc. La Panday Corporation Lamoiyan Corporation Landbank through Petron Corporation Landco Pacific Corporation Lear Automotive Services (B.V.) Netherlands Philippine Branch Lear Corporation - Philippine Engineering and Technology Center Lepanto Ceramics, Inc. Levi Strauss Foundation Lexmark International Philippines, Inc. Lexmark Research and Development Corporation Lima Land Inc. Liquigaz (Philippines) Corporation Local Government Academy Local Government of Cebu City Lopez Group Foundation, Inc. Lucerne Jewelers M & H Food Corporation Mabuhay Vinyl Corporation Mactan Economic Processing Zone Chamber of Exporters and Manufacturers (MEPZCEM) Mactan Economic Zone 1 Multi Tripartite Monitoring Team Makati Garden Club Manila Bankers Life Insurance Co. Marie Ernestine School Mariquita Salimbangon Yeung Foundation Maritime Academy of Asia and the Pacific MEPCEM, Inc. Mercury Drug Corporation Merriam and Webster Bookstore, Inc. Metrobank Foundation Metropolitan Bank & Trust Company Metropolitan Cebu Water District Microsoft Philippines Mister Donut Modern Glass Distributors, Inc. MSM-Cebu, Inc.

National Economic Development Authority Nestlé Philippines, Inc. Netopia NKC Manufacturing Philippines Corporation O.T. Kang Foundation P & A Foundation Pacific Paint (Boysen) Philippines, Inc. PASAR Foundation Peace and Equity Foundation Pentax Cebu Philippines Personnel Management Association of the Philippines Petron Corporation Petron Foundation, Inc. Pfizer, Inc. PhilAm Foundation, Inc. Philex Mining Corporation Philip Morris Philippines Manufacturing, Inc. Philippine Association of Securities Brokers and Dealers, Inc. Philippine Daily Inquirer, Inc. Philippine Economic Zone Authority Philippine Long Distance Telephone (PLDT) Company Philippine National Bank Philippine National Oil Company Philippine Rural Reconstruction Movement Philippine Stock Exchange, Inc., The Philippine Stock Exchange Foundation, Inc. Philips Electronics and Lighting, Inc. Pilipinas Shell Petroleum Corporation Pioneer Hi-Bred Philippines, Inc. Planters Development Bank PLDT-Smart Foundation Poblador Bautista & Reyes Law Offices Prince of Wales International Business Leaders Forum Party to End Poverty 2006 Donors QBE Insurance Philippines, Inc. Quezon Power (Philippines), Limited Co. Ramcar, Inc. Rex Group of Companies Rhine Marketing Corporation Riverside Medical Center, Inc. Rotary Club of Cebu Gloria Maris Rotary Club of Cebu West Second Harvest Japan Salome Tan Foundation San Miguel Brewery, Inc. - Davao San Miguel Corporation San Miguel Corporation Foundation

SGV & Co. SGV Foundation Shangri-La’s Mactan Resort and Spa Siam Cement Group SM Foundation SM Investments Corporation Smart Communications, Inc. Society of Communicators and Networkers International Southeast Asia Food, Inc. Sterling Paper Products Stradcom Corporation Sumifru Philippines Sunvar Realty Development Corporation Suyen Corporation Taiyo Yuden Philippines, Inc. Timex Philippines, Inc. Tinapayan Festival Tomas Lorenzo Total (Philippines) Corporation Toyota Autoparts Philippines UFC Philippines Unilever Philippines Union Bank of the Philippines Union Galvasteel Corporation United Kingdom’s Global Opportunities Fund (Strategic Programme Fund) United Laboratories, Inc. United Nations Development Programme United Nations World Food Programme United Pulp & Paper Company, Inc. United Way Worldwide U.S. Agency for International Development

VICSAL Foundation Visayan Electric Company, Inc Washington SyCip Watson Wyatt Philippines, Inc. Wellmade Motors and Development Corporation Western Union Western Union Foundation World Bank World Vision Development Foundation, Inc. Wyeth Philippines. Inc. /Philippine Band of Mercy Yamashin Filter Philippines, Inc.

RESPONSIBLE BUSINESS: Empowering Communities, Sustaining the Environment


SPECIAL FUNDRAISING CAMPAIGN DONORS 2nd Olango Challenge Aboitiz Foundation Affogato Asian Vegetables Boyla’s Dive Center Cebu Graphic Star Imaging Corporation Cebu White Sands Costabella Gelatissimo Hilton Cebu Resort & Spa Lapu-lapu City Government LOWAII Realty Development Corporation Maribago Blue Waters MILO Nature’s Spring Water Philippine Charity Sweepstakes Office Plantation Bay Resort & Spa PLDT-Smart Foundation San Miguel Brewery, Inc. Shangri-La’s Mactan Resort & Spa Shell companies in the Philippines 14th Festival of Trees Co-organized by the Makati Garden Club A. Soriano Corporation Aboitiz Foundation Adoracion Alvendia Agaton Pedrigala Al Perez Al Santos - California Pizza Kitchen Albertine Santi Alcantara Group Alessandra Perez-Rubio Alexandra Gono Alfredo Roca - Taal Vista Lodge Allan Cao Ambassador and Mrs. Bienvenido Tan, Jr. Ambassador and Mrs. Francisco Alba Andy delos Reyes Anflo Management and Invesment Corporation Angela Perez-Rubio Anina Caluag Anje Gogna Anton Barretto - Cereo Antonio’s Restaurant Apple Caluag Arthur Antonino Athena Valdez Atty. Roger Quevedo Avel Bacudio Barangay Bel-Air Barrio Fiesta Bea Delgado Padilla Bea Mamon Bea Soriano Bea Zobel, Jr.


PBSP Annual Report 2009

Becky Villegas - Becky’s Kitchen Belen King Bella Ramirez Beth Romualdez Bianca Elle R. Bantigue Bianca Yuson Bing Ganchero Bles Pestaño Bob Horrigan Brittany Chase Buensalido and Associates Camile Ongpaoko Carlos & Mindy Perez-Rubio Carlos Rocha Cecille Ysmael - Silk & Terrace Che Javier Chinit Rufino Citadel Holdings Citi Claudia Tambunting Colin Mckay - People’s Palace, Sala & Sala Bistro Conchita Caluag Consuelo Lacson Costa Braba Discovery Suites Dita Sandico Ong Dr. Racquel Roriguez Ed Calma Edgar Doctor Edith Manalad-Metrobank Edwin Umali- Mabuhay Vinyl Edgar Doctor EGLC Lending Corporation Elizabeth Ramos Emphasis Salon Enrico Bernardo - CarHub Auto Detailing Evelyn del Rosario Evelyn L. Forbes Fanny Blanco Felecitas Salud Flor Tarriela Floral Designers’ Circle of the Philippines Frank Hoefsmit Gabriela Infante Gary Ferraro Ging delos Reyes- The Flower Farm Glen Braden Gloria Santos Greg Bolanos Hannah Veloso Berrera Hat Momma Honorable Ming Ramos I. Osmeña Impy Pilapil Ines Padilla Institute of Philippine Floral Techniques Isabel Diaz Isabela Padilla Isabela Perez-Rubio Isla Lipana & Co. / PricewaterhouseCoopers Jao Mapa

Javier Infante - Enderun College Jasam Floral Sunrise Jessie Sinsioco - Le Souffle Jesus Desini John Ong Jonah Salvosa Jose Castor Parreno, Jr. Jose de Jesus Jose Duran Josephine del Gallego Joy Buensalido Joyce Orena - Jo Boutique Judah Liu Julia Bautista Kally Araneta Katrina Ponce Enrile KC Santi Kristine Braden Lauren Laudico Leo Almeria Letlet Veloso Lia Delgado-Infante - Moana Lilia de Lima Linda Miranda Lingling King Liza Infante Robinson Lor Calma Lorna Kapunan Louie Ysmael - Nuvo Luis Aboitiz Luisa Padilla Luiz Juan Virata Luli Perez-Rubio Delgado Lydia Tagle Ma. Luisa Perez-Rubio Ma. Teresa Alba Ma. Isabel Calma Mabel Sotto Maia Caluag Makati Garden Club Board Makati Garden Club Members Malu Veloso Malu Gamboa - Azuthai Margarita Fores - CIBO Margarita Perez-Rubio Maribel Calma Marilou Laurena Maripas Aquino Maritess Pineda Mark Bradford - Mandarin Oriental Hotel Maronne Cruz Martin Lorenzo - Dencio’s Maureen Soong Maxie Miranda McGraphic Carranz Mercy Lee Merle Tantoco Pineda - Adora Metrobank Micah Soliven Michael Williams Mieke Norris Miguel Perez-Rubio

Minda Rocha Modern Glass Distributors, Inc. Monica Angeles Moreen del Rosario Mr. and Mrs. Pabling Calma Nacho Tambunting Nell Laudico Nelson Santos Nicole Rafer Nicole Fandino Noye Fandino Ofelia Lopez Olivia Burgos Olivia Romulo Orchid Garden Hotel Pablo Panlilio Pablo Tobiano Patricia Lee Patrick Rosas Pauline Lee Pepe Trinidad Pet Bautista Petro Energy Resources Philex Mining Corporation Philippine Cut Flowers Philippine Daily Inquirer, Inc. Phillippine National Bank Pipay Reyes Philippine Long Distance Telephone (PLDT) Company PLDT-Smart Foundation PNOC Ponciano Mathay - Alcorn Raindance, Inc. Raisa Dumlao- HSBC Rajo Laurel Regina Paterno Rem Zamora Repertory Philippines Resins, Inc. Ricardo Padilla Ricky Toledo and Chito Vijandre Rio ann Ripalda - Ram Wines Robert Blancaflor Roberto Q Wong Rocio Olbes Rosalinda Tacorda Ruby Diaz Roa Saguittarius Mines, Inc. Sandy Ocampo

Sandra Olfato School of Fashion and Arts Sec. Jesli Lapuz Serla Russell Severine Meialhe Shell companies in the Philippines SM Prime Investments Smart Communications, Inc. Smart Infinity Sonya Garcia - Sonya’s Garden Suman Gogna Sylvia Yuson Tatin Veloso Teng Roma - Emphasis Salon Tessa Prieto Valdez and kids Techie Hernandez Therese Santos - Cinderella Timmy delos Reyes Tranceland Realty, Inc. Trina Kalaw Twotots Home Accessories, Inc. United Laboratories, Inc Veronica Schlegeter Vicente and Linda Angeles Victoria Pimentel - Cucina Victoria Victorino Caluza Villa Partners International Asia Virgilio Yuson Yussof Hossini Zenas Pineda Zyber Protacio

RESPONSIBLE BUSINESS: Empowering Communities, Sustaining the Environment


THANK YOU TO OUR DONORS Fiscal Year 2008 - 2009 THANK YOU TO OUR DONORS 21st Visayas Annual Membership Meeting Advertising Supplement A. Soriano Corporation AB Soberano International Corporation Asiatown I.T. Park Cebu Daily News Cebu Graphic Star Imaging Corporation Citi Filway Marketing, Inc. Fooda Saversmart Garces Royal Gardens & Food Service Golden Prince Hotel & Suites Isla Lipana & Co. / PricewaterhouseCoopers JJ’s Seafood Village Restaurant Juanito King & Sons, Inc. Mactan Rock Industries, Inc. Ng Khai Development Corporation PhilHealth PILMICO Foods Corporation Shangri-La’s Mactan Resort & Spa Smart Communications, Inc. Standard Insurance Company, Inc. The Goldern Peak Hotel & Suites Union Bank of the Philippines Union Galvasteel Corporation

Philex Mining Corporation/Anglo American Phils., Inc. Recio & Casas Architects The Hongkong & Shanghai Banking Corporation Ltd. Brigada Eskwela 2009 Adarna House AMSPEC DG3 Diwa Learning Systems, Inc. East West Seed Company Ho Tong Hardware, Inc. Holcim Philippines, Inc. Isla Lipana & Co./ PricewaterhouseCoopers Lucerne Jewelers M&H Food Corporation Manila Bankers Life Insurance Corporation Mercury Drug Corporation Pacific Paint (Boysen) Phils., Inc. Second Harvest Japan Sterling Paper Products The Bookmark, Inc. Union Galvasteel Corporation United Laboratories, Inc.

AFP Forward Medics Aboitiz & Company, Inc. Angelo King Foundation, Inc. COMVAL Tropical Fruits Edmond & Patricia Dayan Elena Tan Foundation First Philippine Holdings Corporation International Exchange Bank Jollibee Foods Corporation Malayan Insurance Monark Equipment Modern Glass Distributors, Inc.


PBSP Annual Report 2009

Misamis Oriental Relief Assistance Employees of Monark Equipment Employees of PBSP Employees of Philippine Rural Reconstruction Movement Employees of Watson Wyatt Philippines, Inc. Monark Foundation Pacific Paint (Boysen) Phils., Inc.

Motolite-PBSP Balik Baterya Program ACS Manufacturing Corp. Advance Contact Solutions Davao Light & Power Company Fairchild Semiconductors Holcim Philippines, Inc.-La Union Plant Honda Cars Manila, Inc. Lear Corporation Mabuhay Vinyl Corporation Mega Packaging Corporation Mister Donut Monark Equipment Mt. Kitanglad Agri-Development Corporation NKC Manufacturing Phils. Petron Corporation-Cebu Philip Morris Phils. Manufacturing, Inc. Philippine Long Distance Telephone (PLDT) Company Quezon Power (Phils.) Limited Co. San Miguel Brewery, Inc. - Davao Seaoil SGV & Co. Shangri La Mactan Resort & Spa Smart Communications, Inc. Social Security Systems -Head Office Toyota Autoparts Philippines, Inc. Transworld Brokerage Corporation Union Galvasteel Corporation Wellmade Motors and Development Corp.

PBSP Visayas Coffee Table Book

Relief Assistance to Zamboanga Fire Victims

Cebu Flowerpecker

Employees of Dow Chemical Pacific Ltd. Pfizer, Inc. United Laboratories, Inc.

Aboitiz Foundation, Inc. Chevron Philippines, Inc. Julie’s Franchise Corporation Metrobank Foundation, Inc. Nestle Philippines, Inc. Petron Corporation Philex Mining Corporation Philip Morris Manufacturing Philippines, Inc. Philippine Stock Exchange, Inc., The Pilipinas Shell Petroleum Corporation TeaM Energy Timex Philippines, Inc. Cebu Black Shama Dedon Manufacturing, Inc. Energy Development Corporation FBMA Marine, Inc. GMA Network Golden ABC, Inc. Inquirer Publications, Inc. Juanito King & Sons, Inc. Mariquita Salimbangon-Yeung Foundation Mercury Drug Corporation PASAR Foundation, Inc. PLDT-Smart Foundation Pfizer, Inc. Rhine Marketing Corporation SGV Foundation Shangri-La’s Mactan Resort & Spa Smart Communications, Inc. San Miguel Corporation SM Foundation, Inc. Union Bank of the Philippines VICSAL Foundation Wellmade Motors & Development Corporation

Typhoon Ondoy / Typhoon Pepeng Disaster Fund Campaign A. Montes AFPEBSO Kaanib Airlift Asia, Inc. Ana Ceniza Tiu Andrei Daniel Villanueva Arthur Antonino Avelino Mejia Children’s Hour Citi (through United Way Worldwide) Covanta Philippines, Inc. Dow Chemical Pacific Ltd. Employees of BDO/BDO Foundation Employees of DG3 Employees of Dole Philippines, Inc. Employees of First Philippine Holdings Corp. Employees of IBM Philippines/IBM Solutions Delivery Employees of International Container Terminal Services, Inc. Employees of Isla Lipana/ PricewaterhouseCoopers Employees of L’Oréal Philippines, Inc. Employees of Mabuhay Vinyl Corporation Employees of PBSP Employees of Watson Wyatt Philippines, Inc. Enderun Colleges Fluor (through United Way Worldwide) G. Tecson H. Wellness Enterprise International Container Terminal Services, Inc.

J.M.C. Van Mossel/ BiD Network Staff Members Josephine del Gallego Maria Luisa Perez-Rubio Mary Ann Geronimo Mercury Drug Corporation Nestor Don Santiago Ng Khai Development Corp. Pacific Paint (Boysen) Phils., Inc. Pacifica Agrivet Supplies, Inc. Pathways to Higher Education PLDT-Smart Foundation Professional Placement Recruitment, Inc. Quezon Power (Phils.) Ltd. Co. (Intergen and EGCO) Ramcar, Inc. Sergio Mazo Virginia Food, Inc.

...every breath, every stroke, every meter swam was powered by sheer inspiration and knowledge that we are contributing to a good cause. Mark Joseph, Philippine Amateur Swimming Association, with 80 young swimmers raised funds for the Olango Island Integrated Poverty Reduction Program

RESPONSIBLE BUSINESS: Empowering Communities, Sustaining the Environment



1st Valley Bank, Inc. – A Rural Bank 8th Infantry Division of the Philippine Army 34th Infantry Batallion, Samar 36th Infantry Batallion, Samar Abellana National High School, Cebu City Aboitiz Foundation, Inc. ABS-CBN Foundation, Inc. Action Mindanao Foundation, Inc. Aganan River Federation of Irrigators Association, Inc. Agribusiness Rural Bank Agusan National High School, Butuan City, Agusan del Norte Aklan National High School for Arts and Trade Alicia Central School, Isabela Alicia South Central School Alternative Systems for Community Development Foundation, Inc. Amkor Techologies AMEC Services, Ltd. Amir Bara Amparo Elementary School, Caloocan City Amparo High School, Caloocan City Ana Maria Heights Homeowners Association, Inc. Aparri School of Arts and Trade Arevalo Elementary School, Iloilo City Argao Elementary School, Argao, Cebu Armed Forces of the Philippines - Educational Benefit System Office ARMM Business Council Artemio Loyola Elementary School Asia Foundation, The Asian Development Bank Asian Institute of Management Asiatrust Development Bank Asosasyon ng Pinagkaisang Residente ng Asprer, Inc. Association of Foundations Ateneo Graduate School of Business / Ateneo School of Government Autonomous Basilan Chamber of Commerce and Industry 96

PBSP Annual Report 2009

Fiscal Year 2008 - 2009

Ayala National High School, Zamboanga City, Zamboanga del Sur Aztropex, Inc. Bagong Pag-asa ng Taguig Neighborhood Association, Inc. Bagong Silang Elementary School, Los Baños, Laguna Bagong Silang High School, Caloocan City Bagong Silangan Elementary School, Quezon City Baksan - Sapangdaku People’s Association Balamban Central Elementary School Balamban Elementary School Banaue Central School Bank of Florida – A Rural Bank Bank of Makati Bantayan Central Elementary School, Ticad, Bantayan, Cebu Banyugan National Comprehensive High School, Bayugan, Agusan del Sur Barangay 28 – Caloocan City Tricycle Operators and Drivers Association Barangay 655 Zone 69, Intramuros, Manila Barangay Council of Babag, Lapu-Lapu City Barangay Council of Baring, Lapu-Lapu City Barangay Council of Buhisan, Cebu City Barangay Council of Cabugawan, Samar Barangay Council of Caw-oy, Lapu-Lapu City Barangay Council of Culiat, Quezon City Barangay Council of Garcia, San Miguel, Bohol Barangay Council of Gilutungan, Municipality of Cordova Barangay Council of Ibol, Samar Barangay Council of Jia-an, Samar Barangay Council of Lucerdoni, Samar Barangay Council of Magsaysay, Balamban, Cebu Barangay Council of Magtangtang, Danao, Bohol Barangay Council of New Mahayag, Samar Barangay Council of Old Mahayag, Samar Barangay Council of Pamutan, Cebu City Barangay Council of Pangan-an, Lapu-Lapu City

Barangay Council of Pangdan, Samar Barangay Council of Payatas, Quezon City Barangay Council of Poblacion, San Miguel, Bohol Barangay Council of Sabang, Lapu-Lapu City Barangay Council of San Vicente, Lapu-Lapu City Barangay Council of San Vicente, Samar Barangay Council of Santander, Tudela Barangay Council of Sapangdaku, Cebu City Barangay Council of Sta. Rosa, Lapu-Lapu City Barangay Council of Tongasan, Lapu-Lapu City Barangay Council of Toong, Cebu City Barangay del Rosario, Canaman, Camarines Sur Barangay Dinaga, Canaman, Camarines Sur Barangay Ibol Residents Multi-Purpose Cooperative Barangay Rama Producers Cooperative Barangay Sta. Cruz, San Fernando, Camarines Sur Barobo National High School, Barobo, Surigao del Sur BASCODA Multi-Purpose Cooperative Basco Central School, Basco, Batanes Basilan National High School, Isabela, Basilan Batallion Irrigators Association Batangas Coastal Resource Management Foundation Batasan National High School, Quezon City Bauan Technical High School, Bauan, Batangas Bayawan National High School, Bayawan City, Negros Oriental Bicol Regional Science High School, Ligao City, Albay Bignay Elementary School, Valenzuela City Bilumen Elementary School BMS Rural Bank, Inc. Bohol Integrated Development Foundation, Inc. Bohol Poverty Reduction Management Office Bohol Processed Foods Association Bote Central, Inc. British Chamber of Commerce

My life is proof to other farmers; poverty is no reason to lose hope. Prosperity comes through our own hard work.

Edgar Barloso, Coop leader, Bohol Area Resource Management Program

BUKID Multi-Purpose Cooperative Buklurang Magsasaka ng Mauban Bula National School of Fisheries Bulacan State University Bulanao Central School, Bulanao, Southern Tabuk Bureau of Fisheries and Aquatic Resources Regional Fisheries Training Center Cabugawan Multi-Purpose Cooperative Cabugawan Producers Cooperative Cagsiay 1 Elementary School, Mauban, Quezon Cagsiay 1 Multi-Purpose Cooperative Calamba Bayside National High School, Calamba City, Laguna Calao Elementary School, Sorsogon City Caloocan High School, Caloocan City Campinsa-Manipis Multi-Purpose Cooperative Camotes National High School, Camotes, Cebu Can-Oling Multi-Purpose Cooperative Canadian Chamber of Commerce Candelaria Multi-Purpose Cooperative Cantilan Bank, Inc. – A Rural Bank Caritas Manila Carmen Multi-Purpose Cooperative Catanduanes National High School, Constantino, Virac, Catanduanes Caucus of Development NGO Networks Cavite National Science High School, Maragondon, Cavite Cebu Biodiversity Conservation Foundation, Inc. Cebu City Agriculture Department Cebu Federation of Dairy Cooperatives Cebu Gifts, Toys & Housewares Foundation, Inc. Cebu Uniting for Sustainable Water Foundation Center for Community Transformation Center for Health and Development/NCR Central Cebu Protected Landscape – Protected Area Management Board Chamber of Thrift Banks Chemonics International Childhope Asia Philippines Chiquita Unifrutti Philippines, Inc.

Citi Philippines Citizen Anti-Drug Action City Government of Bislig City Government of Caloocan City Government of Catbalogan, Samar City Government of Cebu City Government of Iligan City City Government of Lapu-Lapu, Cebu City Government of Las Piñas City Government of Maasin, Southern Leyte City Government of Malabon City Government of Malolos, Bulacan City Government of Mandaue City Government of Manila City Government of Marikina City Government of Muntinlupa City Government of Navotas City Government of Paranaque City Government of Pasay City Government of Pasig City Government of Quezon City City Government of Taguig City Government of Trece Martires City Government of Valenzuela City Government of Zamboanga City Claret School of Lamitan, Basilan Coalition for Better Education Coalition for Bicol Development Coalition of People’s Organization for Watershed Environmental Restoration, Inc. Colayco Foundation for Education, Inc. Community and Family Services International Concepcion National High School, Plaridel, Quezon Conference of Asian Foundations and Organizations Congressional National High School, Dasmariñas, Cavite Conrado Alcantara Foundation, Inc. Conservation International Cordillera Regional Science High School Cordon Elementary School, Nueva Viscaya Corporate Network for Disaster Response Culiat High School, Quezon City Cyclehaus, Inc.

Datu Ibrahim Pendatun Paglas III Foundation Davao City National High School, Davao City, Davao del Sur Dedon Manufacturing, Inc. Del Monte Philippines, Inc. De La Salle University - Manila Social Development Research Center Department of Agriculture Department of Education Department of Finance Department of Health Department of Interior and Local Government Department of Labor and Employment Department of Science and Technology Department of Social Welfare and Development Department of Trade and Industry Department of Trade and Industry - ARMM Department of Trade and Industry - BISMED Development Bank of the Philippines Dianed Elementary School, Aurora Province Diaz, Murillo Dalupan and Company Don Bosco Technical College, Pasil, Cebu Don Bosco Technological Center Don Pablo Lorenzo Memorial High School, Zamboanga City, Zamboanga del Sur Doña Hortencia Salas Benedicto National High School, La Carlota City, Negros Occidental Doong National High School, Bantayan Island, Cebu Duakay Elementary School Dulhogan People’s Association Earth Day Network Philippines, Inc. East Central Elementary School, Borongan, Samar Eastern Samar Computer High School, Borongan, Samar Elsie Gaches Emergency Unit Rescue Foundation, Cebu Employers Confederation of the Philippines Estaca Farmers Multi-Purpose Cooperative European Chamber of Commerce and Industry

RESPONSIBLE BUSINESS: Empowering Communities, Sustaining the Environment


THE PARTNERS WE WORKED WITH Federation of Tricycle Operators and Drivers Associations in Malolos Bulacan, Inc. Felipe Calderon Elementary School First Agro-Industrial Rural Bank First Asia Institute of Technology & Humanities First Consolidated Bank Foundation, Inc. First Macro Bank Florentino Torres High School, Gagalangin, Tondo FLOVIHOMES - Phase II Homeowners Association FNB Educationals Food for the Hungry International Forward Taguig Habitat MRB Neighborhood Association Foundation for a Sustainable Society, Inc. Foundation for Development Alternatives, Inc. Gayong Elementary School, Sorsogon City General Santos City National High School, General Santos City, South Cotabato GenTwoFifteen Development Foundation, Inc. Gilutongan Barangay Fishery and Aquatic Resource Management Council Gilutongan Island Multi-Purpose Cooperative Give Kare Health Foundation, Inc. Goodwill Mindanao Philippines, Inc. Gomburza Extension Neighborhood Association GranExport Manufacturing Company Greendale Agri Development, Inc. Gregoria Perfecto High School, Tondo, Manila Guimbal National High School, Guimbal, Iloilo Guinobaan People’s Multi-Purpose Cooperative Guinsaugon Village Homeowners Association Guiuan Development Foundation, Inc. Gugma Han Maqueda Bay Iguin Ondong han Organisasyon Samarnon (GIOS -Samar, Inc.) Habitat for Humanity Philippines Hamsand Lumber & Construction Supply Health Gov Project Health Policy Development Program Highway Hills Integrated School, Mandaluyong City Hillsview Homeowners Association, Inc. Holy Angel University, Pampanga Holy Name University, Tagbilaran City Homeowners Association of Bangkulasi, Inc. Hongkong and Shanghai Banking Corporation Hugo Perez Elementary School, Trece Martirez, Cavite HN Abbatuan Builders 98

PBSP Annual Report 2009

Fiscal Year 2008 - 2009

Ifugao Regional Science High School, Mabatobato, Lamut, Ifugao Iligan City East Central School, Iligan, Lanao del Norte Iligan City East National High School, Iligan, Lanao del Norte Indonesia Business Links International Alert International Labor Organization Intramuros Administration Investment and Capital Corporation of the Philippines Venture Partners, Inc. Iranon Chamber of Commerce & Industry Iron Capital Management Irosin Central School, Irosin, Sorsogon Jaro 1 Elementary School, Jaro, Iloilo City Johnson & Johnson Joint Special Operations Task Force Jolo National High School, Jolo, Sulu Jose Escaler Memorial School, Pampanga Juan Sumulong Elementary School, Pasay Julie’s Franchise Corporation Kaabag sa Suebo, Inc. Kabataang Gabay ng Bayan Kabisig ng Kalahi Kadtuntaya Foundation, Inc. Kalipunan ng mga Maralita sa Dagat-Dagatan Homeowners Association Kantipla Ecosystems Enhancement and Protection (KEEP) Foundation Kapatiran ng Kababaihan para sa Kalusugan at Kalinisan ng Cagsiay 1 Kapatiran ng Kababaihan para sa Kalusugan at Kalinisan ng Cagsiay 2 Kapatirang Walang Lupa Homeowners Association Kapit-Bisig ng Samahang Maralita Bgy. 179 Homeowners Association Kasangyangan-Mindanao Foundation, Inc. Kasarinlan Elementary School, Caloocan City Kasilak Development Foundation, Inc. Kaunlaran ng Samahang Hernandez Catmon Homeowners Association KLM Dutch Airlines Knowledge Channel Foundation, Inc. Kreditanstalt fur Wiederaufbau Kythe Foundation La Paz 1 Elementary School, La Paz, Iloilo City Lagawe Elementary School, Lagawe, Ifugao Lakas na Nagkakaisa sa Dagat-dagatan ng Kalookan Homeowners Association

Land Bank of the Philippines Lapu-Lapu City Science and Technology Education Center Las Piñas East National High School - Talon Village Annex, Las Piñas City Latangan Elementary School, Mulanay, Quezon Layog Elementary School, Sorsogon Lazi National Agriculture School, Lazi, Siquijor League of Cities of the Philippines League of Corporate Foundations League of Municipalities of the Philippines League of Provinces of the Philippines Foundation, Inc. Libas Elementary School, Albay Life and Livelihood Assistance Foundation, Inc. Local Government of Barangay Sula, Bacacay Local Governance Support Program in the ARMM Lope de Vega National High School, Lope de Vega, Northern Samar Lopez Group Foundation, Inc. / Lorenzo Ziga Elementary School, Camarines Sur LPLU Homeowners Association Lucerdoni Multi-Purpose Cooperative Luis Hervias National High School, Bacolod City, Negros Occidental Lumad Development Center, Inc. Lung Center of the Philippines Lusaran National High School, Cebu City, Cebu Macpac Elementary School, Quezon Province Madella National Comprehensive High School, Madella, Quirino Maghaway-Lagtang-Tapul-Jaclupan MultiPurpose Cooperative Magsaysay Group of Companies Mahayagnon Farmers Multi-Purpose Cooperative Mahintana Foundation Mahintana Mututum Coffee, Mindanao Maiacob Agrarian Reform Multi-Purpose Cooperative Majacob Agrarian Reform Multi-Purpose Cooperative Malabon National High School - Main, Malabon City Malabon National High School - Longos Annex, Malabon City Maligaya High School, Quezon City Maliksi Elementary School, Bacoor, Cavite Malinta High School, Valenzuela

Malolos City Health Office MALTAJ Multi-Purpose Cooperative Mandaluyong High School Mandaluyong Science High School Mandaue Chamber of Commerce & Industry Mandaue City Central School Mandaue City Computer National High School Mandaue Homeless Multi-Purpose Cooperative Manila High School Manila Water Company, Inc. Manuel Roxas High School, Manila Maria Clara National High School, Zamboanga City Mariano Memorial High School, Sta. Ana, Manila Marinduque National High School, Boac, Marinduque Maritime Academy for Asia & the Pacific Masbate National Comprehensive High School, Masbate City, Masbate MASS-SPECC Cooperative Development Center Matiompong Elementary School Maynilad Maysilo Elementary School, Malabon Medellin National Science & Technology School Mercedes National High School, Zamboanga City, Zamboanga del Sur Metrobank Foundation, Inc. Metrobank-Boysen Scholars from the University of Sto. Tomas, Manila Migabor Elementary School, Sorsogon Mindanao State University - Iligan Institute of Technology Mindanao State University, Marawi Mindanao State University, Tawi-Tawi Minglanilla National Science High School, Minglanilla, Cebu Misamis Oriental General Comprehensive High School Missionary Dominican Sisters of the Rosary Moalboal National High School, Moalbal, Cebu Mt. Kalatungan Agri-Ventures, Inc. Municipal Cooperative Development Council – Carmen, Bohol Municipal Government of San Policarpo, Eastern Samar Municipal Government of Silago, Southern Leyte Municipal Government of Sulat, Eastern Samar Municipal Government of Taft, Eastern Samar Municipal Government of Tarangnan, Samar Municipal Government of Trinidad, Bohol

Municipal Government of Upi, Maguindanao Muntinlupa Development Foundation Muntinlupa National High School Museo Pambata Foundation, Inc. Muslim Upliftment Foundation in Tawi-Tawi, Inc. Nabigla Manpower and Construction Development Cooperative Naga Central School 1, Naga City, Camarines Sur Naga City People’s Council Nagdilaab Foundation, Inc. Nagkahiusang Mangingisda sa Talima Association Nagkakaisang Bigkis Lakas ng Pasacola Dulo (NABIGLA PO) Homeowners Association, Inc. Nagkakaisang mga Tribu ng Palawan, Inc. Nagpayong Elementary School, Pasig National Dairy Authority National Economic Development Authority National Housing Authority National Solid Waste Management Commission National Transmission Corporation Negros Occidental High School - Murcia Extension Nestlé Philippines New Guinsaugon Village Homeowners Association New Ormoc City National High School New Valencia Multi-Purpose Cooperative Northville 1 Homeowners Association Northville 2 Homeowners Association Northville 2 Multi-Purpose Cooperative Notre Dame of Jolo College Notre Dame University of Cotabato City Nueva Valencia National High School, Nueva Valencia, Guimaras Occidental Mindoro National High School, Mamburao, Occidental Mindoro Oceancare Advocates, Inc. Odelco Elementary School, Quezon City Oiko Credit Old Mahayag Agri-Fishing Multi-Purpose Cooperative Olongapo City Elementary School Olongapo City National High School Operation Compassion International, Inc. Oton National High School, Oton, Iloilo Paaralang Sekondarya ng Heneral Nakar, General Nakar, Quezon

Pacific Paint (Boysen) Philippines Pacific Traders Bancasan Weaving, Cebu Pagkakaisa ng mga Naninirahan sa Bangkulasi (Panabang) Homeowners Association Paglas Corporation Pagsanjan National High School, San Isidro, Laguna Pagtabangan BaSulTa Pamatan Mango Farmers Multi-Purpose Cooperative Pambansang Kilusan ng Samahang Magsasaka Parañaque Municipal Don Galo Annex High School Parañaque National High School - La Huerta Annex, Parañaque Parang High School, Marikina Paril National High School, Cebu City, Cebu Pasay City East High School, Pasay City Passi National High School, Passi City, Iloilo Pateros National High School, Pateros Payatas C Elementary School, Quezon City Peace and Equity Foundation Peninsula Rural Bank People’s Coalition for Housing Rights Homeowners Association People Management Association of the Philippines - SoCSKSarGen Chapter Pfizer Philippine Academy of Family Physicians, Inc. Philippine Batteries, Inc. Philippine Business for the Environment Philippine Chamber of Commerce and Industry Philippine Christian Foundation Philippine Coast Guard Philippine College of Addiction Medicine Philippine College of Occupational Medicine, Inc. Philippine Development Assistance Program Philippine Foundation for Resources Management Philippine High School for the Arts Philippine National AIDS Council Philippine National Red Cross Philippine National Volunteer Service Coordinating Agency Philippine Pediatric Society, Inc. Philippine Reef and Rainforest Conservation Foundation, Inc. Philippine Recyclers, Inc. Philippine Disaster Recovery Foundation Philippine Rural Banking Corporation Philippine Social Science Center

RESPONSIBLE BUSINESS: Empowering Communities, Sustaining the Environment


THE PARTNERS WE WORKED WITH Philippine Venture Capital Investment Group Pilar Productivity Development High School Pilipinas Shell Foundation, Inc. Pilipinas Shell Petroleum Corporation Pinag-isang Lakas ng Mahihirap sa Marikina Homeowners Association Pinag-isang Lakas ng Mahihirap sa Victory Hills Homeowners Association Pinoy ME Foundation Placer National High School, Placer, Surigao del Norte Plan Philippines – Western Samar PLDT-SMART Foundation Pollution Control Association of the Philippine Population, Health and Environment Network President Diosdado Macapagal Memorial High School Prince of Wales International Business Leaders Forum Pristine Meadows Agri Development, Inc. Producers Rural Banking Corporation Protected Areas Management Board – Cebu Provincial Agriculture Office - Bohol Provincial Alliance of NGOs and POs for Development Provincial Coalition Against TB - PROCAT Provincial Dep-Ed Bohol Provincial Government of Albay Provincial Government of Bohol Provincial Government of Eastern Samar Provincial Government of Sarangani Provincial Government of Southern Leyte Provincial Government of Western Samar Provincial Health Office - Bohol PTCA of Abong-Abong Elementary School PTCA of Achasol Elementary School PTCA of Alyong Lumbac Elementary School PTCA of Atong-Atong Elementary School PTCA of Bacayawan Annex Elementary School PTCA of Bacayawan Elementary School PTCA of Badjao Primary School (Sama Kasulutan) PTCA of Bae Simalao Elementary School PTCA of Bagong Silang Elementary School PTCA of Bakikis Elementary School PTCA of Balimbing Elementary School PTCA of Balucon Elementary School PTCA of Baluk-Baluk Elementary School PTCA of Balun-Balun Primary School PTCA of Bandaraingud Elementary School PTCA of Bandingan Elementary School PTCA of Bangco Elementary School PTCA of Bankerohan Elementary School PTCA of Baraas Primary School 100

PBSP Annual Report 2009

Fiscal Year 2008 - 2009

PTCA of Barorao Central Elementary School PTCA of Batu-Batu Central Elementary School PTCA of Batungal Elementary School PTCA of Baungis Primary School PTCA of Bauno Garing Primary School PTCA of Bayug Elementary School PTCA of Beaung Elementary School PTCA of Belatan Halu Elementary School PTCA of Belatan Tainga Primary School PTCA of Biha Primary School PTCA of Bobo Elementary School PTCA of Bobong Bagoingud Elementary School PTCA of Bongao Central Elementary School PTCA of Bongao Central Laboratory School PTCA of Bongao Elementary School PTCA of Borakis Primary School PTCA of Bosong Elementary School PTCA of Broce Central Elementary School PTCA of Buadimaloy Elementary School PTCA of Buai Primary School PTCA of Buan Elementary School PTCA of Buntongan Elementary School PTCA of Cabasaran Elementary School PTCA of Cabili Village Elementary School PTCA of Calang Elementary School PTCA of Calayan Elementary School PTCA of Calimodan Village Elementary School PTCA of Calugusan Primary School PTCA of Camalig Elementary School PTCA of Camanga Elementary School PTCA of Camanggaan Elementary School PTCA of Campo Cuatro Elementary School PTCA of Candagsa Elementary School PTCA of Canibungan Elementary School PTCA of Caparan Elementary School PTCA of Cawayan Elementary School PTCA of Cebuano Group Elementary School PTCA of Comara Elementary School PTCA of City Central School PTCA of Concepcion Elementary School PTCA of Daana-Ingud Bacong Elementary School PTCA of Daksia Elementary School PTCA of Dalisay Elementary School PTCA of Dama Elementary School PTCA of Damdamun Elementary School PTCA of Danugan Elementary School PTCA of Darusalam Elementary School PTCA of Datu Halun Elementary School PTCA of Datu Halun Laboratory School PTCA of Datu Halun Pilot School PTCA of Datu Sailila Elementary School PTCA of Dayawan Elementary School

PTCA of Department of Education (Basilan Schools Division) PTCA of Department of Education (Iligan City Schools Division) PTCA of Department of Education (Maguindanao Schools Division) PTCA of Department of Education (Sarangani Schools Division) PTCA of Department of Education (Sulu Schools Division) PTCA of Department of Education (Tawi-Tawi Schools Division) PTCA of Department of Education (Zamboanga City Schools Division) PTCA of Department of Education (Zamboanga Sibugay Schools Division) PTCA of Don Pablo Lorenzo Memorial High School PTCA of Doña Josefa Elementary School PTCA of Dungon Primary School PTCA of Durian Elementary School PTCA of Estenzo Comendador Elementary School PTCA of Felipe Calderon Elementary School (Davao) PTCA of Frankforth Elementary School PTCA of Fuente Elementary School PTCA of Gaunan Elementary School PTCA of Gituan Elementary School PTCA of Gomotoc Elementary School PTCA of Goodwill Mindanao Philippines, Inc. PTCA of Hadji Mo. Sali Elementary School PTCA of Hadji Yahiya Biste Elementary School PTCA of Hadji Yunos Jumdain Elementary School PTCA of Igabay Elementary School PTCA of Kanipisan Elementary School PTCA of Karaha Primary School PTCA of Karundung Elementary School PTCA of Kasawi Elementary School PTCA of Kialdan Elementary School PTCA of Kiwalan Elementary School PTCA of Komatan Elementary School PTCA of La Libertad Elementary School PTCA of Labuan PTCA of Lakit-Lakit Primary School PTCA of Lalabuan Elementary School PTCA of Lalapung Elementary School PTCA of Lambog Elementary School PTCA of Lamion Walking (Badjao) Primary School PTCA of Lamion Walking Blackboard Elementary School

PTCA of Lamion Walking Blackboard Elementary School (Annex) PTCA of Lamitan National High School PTCA of Landugan Elementary School PTCA of Lapid-Lapid Child-Friendly School PTCA of Lapu-Lapu STEC, Cebu PTCA of Laud Elementary School PTCA of Lawi-Lawi Elementary School PTCA of Lidasan Elementary School PTCA of Lilod Elementary School PTCA of Lilod Raya Elementary School PTCA of Lim Elementary School PTCA of Linindingan Elementary School PTCA of Logpond Primary School PTCA of Lombayao Elementary School PTCA of Longilog Elementary School PTCA of Lower Bañas Elementary School PTCA of Lower Manggas Elementary School PTCA of Lubukan Central Elementary School PTCA of Lucman Primary School PTCA of Luinab Elementary School PTCA of Lukbungsod Elementary School PTCA of Luuk Banca Elementary School PTCA of Luuk Buntal Elementary School PTCA of Luuk Siabon Primary School PTCA of Lumbatan Central Elementary School PTCA of Ma’ahadazisa Elementary School PTCA of Mabini Elementary School PTCA of Macaalin Elementary School PTCA of Macabar Elementary School PTCA of Madalum Central Elementary School PTCA of Madaya Elementary School PTCA of Madaya Primary School PTCA of Magsaggaw Elementary School PTCA of Magsaysay Elementary School PTCA of Maindig Elementary School PTCA of Malagandis Elementary School PTCA of Malagandis National High School PTCA of Malagang Elementary School PTCA of Malangit Elementary School PTCA of Maligo Primary School PTCA of Malunga Elementary School PTCA of Maluso Central Elementary School PTCA of Mandulan Kubang Primary School PTCA of Mangandia Amaloy Elementary School PTCA of Maria Cristina Elementary School PTCA of Mate Elementary School PTCA of Matulo Elementary School PTCA of Mauyag Memorial Elementary School PTCA of Micolado Primary School PTCA of Miguel Anton Elementary School PTCA of Mimbaguaing Elementary School PTCA of Mimbalay Elementary School

PTCA of Mimbalot Elementary School PTCA of Mindanao State University - Iligan Institute of Technology PTCA of Missionary Dominican Sisters of the Rosary PTCA of Moalboal Elementary School PTCA of Mohammad Jajurie Elementary School PTCA of Muamad Elementary School PTCA of Muslim Village Elementary School PTCA of Nalil Elementary School PTCA of New Canaan Elementary School PTCA of New Dalangin Elementary School PTCA of New Minarog Elementary School, Samar PTCA of Ngirngir Elementary School PTCA of North Central School PTCA of Northeast 1-A Central School PTCA of Notre Dame of Jolo College PTCA of Nuling Elementary School PTCA of Nusa Elementary School PTCA of Ocsio Memorial Elementary School PTCA of Odalo Elementary School PTCA of Paaralang Buhay ng Imelda Elementary School PTCA of Pababag Elementary School PTCA of Pag-Asa Elementary School PTCA of Pagayawan Primary School PTCA of Pagayon Elementary School PTCA of Pahut Elementary School PTCA of Paigasinan Elementary School PTCA of Pakias Primary School PTCA of Palahangan Elementary School PTCA of Palao Elementary School PTCA of Pali Elementary School PTCA of Palomoc Elementary School PTCA of Pamucalin Elementary School PTCA of Panducan Elementary School PTCA of Pangan-an Elementary School PTCA of Pangandaman Central Elementary School PTCA of Pangi Elementary School PTCA of Panglima Anao Central Elementary School PTCA of Panglima Jalman Elementary School PTCA of Paniongan Primary School PTCA of Parangan Elementary School PTCA of Parian-Baunoh Elementary School PTCA of Patal Elementary School, Tawi-Tawi PTCA of Patok-Patok Primary School PTCA of Piagapo Central Elementary School PTCA of Pimbago Primary School PTCA of Pinalangka Elementary School

PTCA of Pindolonan Parao Central Elementary School PTCA of Pindulonan Elementary School PTCA of Polidan Elementary School PTCA of Poo Elementary School PTCA of Punod Elementary School PTCA of Punong Elementary School PTCA of Punung Elementary School PTCA of Purakaan Elementary School PTCA of Ragayan Elementary School PTCA of Ramon Enriquez National High School (Labuan) PTCA of Rantian Elementary School PTCA of Sabaken Elementary School PTCA of Sabang Elementary School PTCA of Salamat Elementary School PTCA of Salih Ututalum Elementary School PTCA of Salih Yusah Elementary School PTCA of Salip Angkaya Patal Elementary School PTCA of San Antonio Elementary School PTCA of San Antonio National High School PTCA of San Isidro Elementary School, Samar PTCA of Sandab Elementary School PTCA of Sandakan Elementary School PTCA of Sanga-Sanga Elementary School, Tawi-Tawi PTCA of Sangbay Big Elementary School PTCA of Sangbay Small Elementary School PTCA of Saporna Primary School PTCA of Sea Orchids Primary School PTCA of Serantes Elementary School PTCA of Sharief Maruhum Elementary School PTCA of Shipyard Elementary School PTCA of Silubbog Primary School PTCA of Silubbog Primary School (Annex) PTCA of Simandagit Elementary School PTCA of Sinawi Primary School PTCA of Situggo Primary School PTCA of Suba Elementary School PTCA of Sugod 1 Elementary School PTCA of Sultan Aguam Elementary School PTCA of Sultan Disimban Elementary School PTCA of Sultan Guro Central Elementary School PTCA of Sultan Pandapatan Elementary School PTCA of Sumangat Primary School PTCA of Sumugod Elementary School PTCA of Supit Elementary School PTCA of Sta. Rosa Elementary School PTCA of Switch Yakal Elementary School PTCA of Tagoranao Elementary School PTCA of Tairan Elementary School

RESPONSIBLE BUSINESS: Empowering Communities, Sustaining the Environment


THE PARTNERS WE WORKED WITH PTCA of Talon-Talon National High School PTCA of Talub Elementary School PTCA of Tamparan Central Elementary School PTCA of Tamuk Elementary School PTCA of Tanghal Bahih Primary School PTCA of Tarawakan Primary School PTCA of Tausan Elementary School PTCA of Taviran Elementary School PTCA of Timbangan Elementary School PTCA of Tipanoy Elementary School PTCA of Titay Central Elementary School PTCA of Titay Valley Elementary School PTCA of Tomas Cabili Elementary School PTCA of Tongsinah Elementary School PTCA of Tubig Mampallam Central Elementary School PTCA of Tubig Tanah Elementary School PTCA of Tubigan Elementary School PTCA of Tubok Elmentary School PTCA of Tugop Muslim Elementary School PTCA of Tuka Linuk Elementary School PTCA of Tundon Elementary School PTCA of Ubaldo Laya Elementary School PTCA of Upper Taberlongan Elementary School PTCA of Upper Bañas Elementary School PTCA of Villaverde Elementary School PTCA of Yusop Dais Elementary School Puerto Galera National High School, Puerto Galera, Oriental Mindoro Puertobello National High School - Poblacion Extension Public Transport Workers Foundation, Inc. Pulanlupa Elementary Schol, Las Piñas City Purisima National High School, Tago, Surigao del Sur Quezon City Health Department RD Group Rama Producers Cooperative


PBSP Annual Report 2009

Fiscal Year 2008 - 2009

Ramon Aboitiz Foundation, Inc. Ramon Avanceña National High School, Iloilo City, Iloilo Ramon M. Durano, Sr. Foundation - Science and Technology Education Center Rawis National High School, Bacon, Sorsogon Rex Books Rizal Central School Romblon National High School, Romblon, Romblon Rotary Club of Barasoin, Malolos, Bulacan Rotary Club of Pasig Roxas Gargollo Foundation, Inc. Royal Netherlands Embassy, The Rural Bankers Association of the Philippines Sa Aklat Sisikat Foundation, Inc. Sablayan National High School, Sablayan, Occidental Mindoro Sagada Elementary School, Sagada, Mt. Province Sagittarius Mines, Inc. Salabaca Elementary School Saliao Elementary School Samahang Magkakapit-Bisig ng Acero-Libis Phase I Samahang Magkakapit-Bisig ng Acero-Libis Phase II Samahang Maralita ng Catmon Homeowners Association Samahang Maralita ng Tambakan Homeowners Association, Inc. Samahang Naninirahan sa Hankins Compound I Homeowners Association Samahang Pagkakaisa ng Dumpsite Catmon Homeowners Association Samahang Pinagpalang Magkakapitbahay Homeowners Association Samahang Tanglaw ng Malanday Phase I Homeowners Association

Samahang Tanglaw ng Malanday Phase II Homeowners Association Samahang Tungo sa Kaunlaran sa Komunidad ng Catmon Homeowners Association Samar Island NGO Consortium Samar Provincial Development Council Samar Regional Fishery Training Center Samar State College of Agroforestry Samar State College of Fishery and Forestry Samar State Polytechnic College Samar State University ` SAMICASA Irrigators’ Association San Carlos Development Board San Carlos Refo San Isidro Parish Multi-Purpose Cooperative San Jose Oras Elementary School, Camarines Sur San Jose-Sto. Niño Irrigators’ Association, Inc. San Juan National High School, San Juan, Southern Leyte San Miguel Brewery, Inc. San Miguel Central School, San Miguel, Bulacan San Miguel Elementary School, Jordan, Guimaras San Miguel Multi-Purpose Cooperative Santos, Martin & Gabriel Homeowners Association Santos-Alipinin Homeowners Association Sari Likha Science & Technology Education Center SGV Foundation, Inc. Shamrock Elementary School, Laoag City Share People Sibunag Seaweeds Traders and Growers Association Skycable Zamboanga City Smart Communications, Inc. SM Supermalls Small Business Corporation Southwestern University, Cebu

St. Patrick Multi-Purpose Cooperative Sta. Lucia Elementary School, Pampanga Sta. Maria Central School Sta. Rosa Science & Technology High School, City of Sta. Rosa, Laguna Sta. Teresita Elementary School, Angeles City STEAG State Power, Inc. Sto. Niño Elementary School, Parañaque Stradcom Corporation Suba-Masulog Elementary School, Lapu-Lapu, Cebu Sulu 1 Schools Division Sulu Chamber of Commerce and Industry Sumifru Philippines Inc. Surigao del Norte National High School, Surigao City Synergeia Foundation T. Paez Integrated School, Manila Tabaco Northwest Central School, Panal, Tabaco City Tagaytay City Science National High School Tagbilaran City National High School Taguig National High School, Taguig City Tahanan Mapagkalinga ni Madre Rita, Inc. Taiyo Yuden Philippines, Inc. Tanauan Women’s Federation Tangos National High School Tanglaw ng Buhay Foundation/Life and Livelihood Assistance Foundation Tangkal Rural Health Unit Tangub City National High School, Tangub City, Misamis Occidental Tarlac State University Tawi-Tawi Chamber of Commerce and Industry Tawi-Tawi Family Life Foundation Tawi-Tawi School of Arts & Trade Tayuranon Multi-Purpose Cooperative Tabok Workers Multi-Purpose Cooperative Tekton BDO

Tinig ng Nagkakaisang Magkakapitbahay Homeowners Association, Inc. Tipas Elementary School, Taguig City Tipas National High School Tondo National High School Toong Volunteer-Farmers Association Tortuga Plantation Trinidad Multi-Purpose Cooperative Tropical Disease Foundation, Inc. Tuguegarao North Central School Unilever Philippines United Nations Development Programme United Nations Human Settlements Programme (UN-Habitat) United Nations Programme on HIV/AIDS University of San Carlos Technology Center – College of Engineering University of San Jose - Recoletos University of San Carlos College of Architecture and Fine Arts University of San Carlos – Talamban Campus University of Santo Tomas University of Southeastern Philippines University of the East - College of Business Administration University of the Philippines in the Visayas Tacloban College Upper Binogsacan Day Care Center, Albay USAID InterCAs: HPDP, HealthGov and SHIELD

Wellmade Motors and Development Corporation West Visayas State University - Integrated Laboratory School Western Bicutan National High School, Taguig City World Health Organization World Vision Development Foundation Worldwide Fund for Nature Xavier Science Foundation Young Moro Professionals Network

Valenzuela National High School - Bignay Annex, Valenzuela City Valiant Rural Bank Villamor Elementary School, Esperanza, Sultan Kudarat Vinzons Pilot High School

RESPONSIBLE BUSINESS: Empowering Communities, Sustaining the Environment



PBSP Annual Report 2009

RESPONSIBLE BUSINESS: Empowering Communities, Sustaining the Environment



ERNESTO R. ABOITIZ 1 October 1932 ~ 13 January 2010 PBSP Trustee, 1985-1986 Director and former Vice-Chairman of Aboitiz Power Corporation Chairman and President of the National Power Corporation, 1987-1991 Acting Chairman and General Manager of the Mindanao Development Authority, 1972-1975 Director and President of Davao Light & Power Company Inc. and Cotabato Light & Power Company, 1970-1987

PBSP ANNUAL REPORT 2009 EDITORIAL TEAM Editorial Board Gil T. Salazar Ramon R. Derige Patricia Corpus-Calilong Jazmin A. Gutierrez Leo Dionisio H. Hilado, Jr. Rene M. Fortuno Caroline Grace M. Pedragosa Victoria SJ. Co Editor-in-Chief Eugenio M. Caccam, Jr. Executive Editor Rowena B. Sugay Managing Editors Krystel Marie E. Santiago Mariel Eduarte Contributing Writers Elisea “Bebet” Gozun Felix S. Bautista, Jr. Cristina Arceo-Dumlao Eldric Paul A. Peredo Staff Writers Ma. Rocelyn L. Bernabe Maria Olivia S. Burgos Jessie M. Cubijano Danilo C. Escabarte Leilani Briosos-McDonough Kristine Jimeno-Rivadelo Elaine Sunshine C. Roxas Judy Q. Aca-Saclamitao Felix A. Tonog Photographers Miguel D. Yabut Melvyn Calderon Graphic Designer Francesca Tañada

The design for the PBSP Annual Report 2009 embodies the Foundation’s dynamic thrust. The parallel green and blue lines convey the partnership between PBSP and its member companies, and the convergence of advocacies toward a common goal.

Research and Production Staff Gilmarie Ethel B. Briones Juvy V. Domingo Marilou P. Odulio Printer VJ Graphic Arts, Inc

PBSP is a member of the United Way International and an affiliate of Give2Asia.

PHILIPPINE BUSINESS FOR SOCIAL PROGRESS PSDC Building, Magallanes corner Real Streets 1002 Intramuros, Manila, Philippines Tel. No.: + 63 2 5277741 to 48 Fax No.: + 63 2 5273743 Email:

PBSP 2009 Annual Report