SUPPLIER
THE ASSOCIATION HAS ACCREDITATION, SELECTION, BIDDING AND APPROVAL PROCESS FOR THE SELECTION OF THE
SUPPLIERS. THE ASSOCIATION USUALLY CONSIDERS THE FOLLOWING FACTORS:
1. COST
2. QUALITY OF THE SERVICE
3. EFFICIENCY
THE ASSOCIATION PROHIBITS TRANSACTIONS INVOLVING SOLICITATION, DIRECTLY OR INDIRECTLY ACCEPTING ANY GIFTS,
COMMISSION AND ANY OTHER FORM OF PAYMENT FROM MEMBERS, SUPPLIERS AND OTHER PARTIES IN EXCHANGE FOR ANY
UNFAVORABLE TREATMENT.
RELATED PARTY TRANSACTION

THAT THE BOARD OF TRUSTEES AS PART OF ITS CORPORATE GOVERNANCE POLICY IS PROHIBITED FOR ANY LOAN
FACILITY OF THE ASSOCIATION.

THE ASSOCIATION HAS PROVIDED ITS EMPLOYEES FINANCIAL ASSISTANCE ON THE SAME TERMS AS MEMBERS.
CORPORATE SOCIAL RESPONSIBILITY
1. TO PROVIDE DONATIONS ( I.E. CASH / KIND ) DUE TO NATURAL CALAMITIES.
2. CONDUCTING RELIEF OPERATIONS IN TIMES OF NATURAL CALAMITIES I.E. STORM ONDOY, STORM YOLANDA AND
ETC.
3. PERSONALLY VISIT AND HELP THE VICTIMS OF NATURAL CALAMITIES.
4. ENGAGED IN CHARITABLE ACTIVITIES I.E. DONATIONS, AND PROVIDING BASIC NEEDS (FOOD & CLOTHING ) TO
DIFFERENT CHARITABLE INSTITUTIONS LISTED BELOW:














NATIONAL HAVEN – NATIONAL CENTRE FOR WOMEN – FILINVEST, ALABANG
ELSIE GATCHES VILLAGE, ALABANG, ZAPOTE ROAD, ALABANG MUNTINTLUPA CITY
JOSE FABELLA CENTER, WELFAREVILLE, CORRECTIONAL ROAD, MANDALUYONG CITY
MARILAC HILLS, FILINVEST ALABANG, MUNTINLUPA CITY
GOLDEN ACRES, HOME FOR THE AGED, MISAMIS ST., BAGO BANTAY, QUEZON CITY
HAVEN FOR CHILDREN, ALABANG, MUNTINLUPA CITY
NATIONAL AREA VOCATIONAL REHABILITATION, J.P.BURGOS ST., PROJECT 4, Q.C.
NAYON NG KABATAAN, WELFARE COMP., MANDALUYONG CITY
RSCC (RECEPTION AND STUDY CENTER FOR CHILDREN), BAGO BANTAY, Q.C.
SANCTUARY CENTER, WELFAREVILLE COMPOUND, MANDALUYONG CITY
REHABILITATION SHELTERED WORKSHOP, J.P. BURGOS ST., PROJECT 4, QUEZON CITY
PINK SISTER, TAGAYTAY CITY
S.O.S., AYALA ALABANG VILLAGE
BANTAY BATA, BULACAN
30
ARTICLE V
INDEPENDENT TRUSTEE
INDEPENDENT TRUSTEE. AN INDEPENDENT TRUSTEE MEANS A PERSON WHO, APART FROM HIS REASONABLE PER DIEM, IS INDEPENDENT OF
MANAGEMENT AND FREE FROM ANY BUSINESS OR OTHER RELATIONSHIP WHICH COULD, OR COULD REASONABLY BE PERCEIVED TO,
MATERIALLY INTERFERE WITH HIS EXERCISE OF ANY INDEPENDENT JUDGMENT IN CARRYING OUT HIS RESPONSIBILITIES AS A TRUSTEE.
INDEPENDENT DIRECTOR IS MAXIMUM OF TWO (CONSIST OF ONE MALE AND ONE FEMALE) AND SHALL HOLD THE OFFICE FOR A MINIMUM OF
FIVE ( 5 ) YEARS UNTIL THEIR SUCCESSORS ARE DULY APPOINTED AND QUALIFIED.
SECTION 1. RESPONSIBILITIES OF INDEPENDENT TRUSTEE. AN INDEPENDENT TRUSTEE IS BOUND TO RESPECT THE FOLLOWING
RESPONSIBILITIES:
a)
DURING THE TERM OF APPOINTMENT AND EVEN AFTER ITS TERMINATION, AN INDEPENDENT TRUSTEE SHALL OBSERVE
CONFIDENTIALITY IN RELATION TO HIS DUTIES AND SERVICES RENDERED TO THE ASSOCIATION.
b)
AN INDEPENDENT TRUSTEE SHALL VIEW PROBLEMS AND ISSUES OBJECTIVELY; AND IN CASE OF DISAGREEMENT AMONG TRUSTEES,
AN INDEPENDENT TRUSTEE SHALL CAUTIOUSLY EVALUATE THE MATTER AND SHALL BE PREPARED TO EXPLAIN HIS STAND, IF ANY.
c)
AN INDEPENDENT TRUSTEE SHALL NOT FEAR TAKING AN UNPOPULAR POSITION; AND SHALL SUPPORT PLANS AND IDEAS HE JUSTLY
BELIEVES TO BE BENEFICIAL TO THE ASSOCIATION.
d)
REVIEW SIGNIFICANT RELATED PARTY TRANSACTIONS TO DETERMINE WHETHER THEY ARE IN BEST INTEREST OF THE ASSOCIATION.
ARTICLE VI
TRUSTEES
SECTION 1. QUALIFICATIONS OF TRUSTEES.
a)
POSSESSES COLLEGE EDUCATION OR SKILLS NEEDED TO EFFECTIVELY CARRY OUT HIS FUNCTIONS AS TRUSTEE;
b)
HAS A PRACTICAL UNDERSTANDING OF THE BUSINESS ACTIVITIES OF THE ASSOCIATION;
c)
POSSESSES INTEGRITY AND PROBITY; AND
d)
HAS STRONG ADHERENCE TO LEGAL AND MORAL PRINCIPLES.
e)
HE / SHE MUST BE A MEMBER OF THE ASSOCIATION.
ARTICLE VII
DISQUALIFICATION OF TRUSTEES
a)
PERMANENT DISQUALIFICATION. THE FOLLOWING ARE DISQUALIFIED FROM BEING TRUSTEES OF THE BOARD:
i.
ANY PERSON CONVICTED BY FINAL JUDGMENT OR ORDER BY A COURT OR COMPETENT ADMINISTRATIVE BODY
OF AN OFFENSE INVOLVING MORAL TURPITUDE, FRAUD, EMBEZZLEMENT, THEFT, ESTAFA, COUNTERFEITING,
MISAPPROPRIATION, FORGERY, BRIBERY, FALSE AFFIRMATION, PERJURY OR OTHER FRAUDULENT ACTS;
4