OUR M IS S I O N
OUR VISI ON
Venture for Fund Raising
envisions a community that
celebrates the joy of giving
and ensures a bountiful and
sustainable world.
To provide training,
consulting, research and
public information assistance
to people and organizations
so that they can raise and
give resources to fulfill their
missions.
ABOUT THE COVER :
Onward and upward always! The images of the hot
air balloons represent the direction that Venture
undertook in 2008. The vivid colors of the balloons
symbolize the dynamism and energy of the entire
Venture team and the diversity of its expertise and
outlook.
M
M E S S AG E F ROM T H E CH A I R PE R S O N
OVING UP
Last September 3 to 4, 2008, Venture for Fund Raising
held the Third Fund Raising Congress and Kyra Awards. Entitled “Moving Up”,
the Congress theme aimed to empower the participants to take the next step in
realizing bigger and more challenging goals in fund raising.
The Congress itself was characteristic of moving up. It has grown to become
an impressive forum where best practices are shared and provides a venue
for networking with other fund raising professionals. The 3rd Fund Raising
Congress welcomed 229 delegates, 38 speakers, and 15 fund raising exhibitors
and service providers. Likewise, the Kyra Awards have become synonymous with
excellence in fund raising, with a record-breaking 19 entries for outstanding
fund raising programs.
In its ninth year of existence, Venture for Fund Raising also dared to aspire
for higher goals, do greater things, and reach out to more organizations. The
theme of the Congress, therefore, also aptly characterizes Venture’s journey
throughout the course of the year.
As the first organization with the mission to provide training, consulting,
research and public information assistance to non-profits, Venture prides
itself on the strength of its people. In 2008, we welcomed Jowie Jazmines
as a Program Director. She brought with her a wealth of fund raising
experience as a member of the Private Sector Fund Raising Team of the
United Nations Children’s Fund (UNICEF), where she worked for eleven
years. Jowie managed several of the organization’s regular direct mail
appeals and handled UNICEF’s Emergency Fund Raising Campaign
where she helped raise more than P40
million within four years.
Jowie joins Executive Director
Mayan Quebral, Program Directors
Pinky Medina and Louie Baclagon, and
Operations Director Marinor Narzoles,
in a highly-experienced team of fund
raising experts. Her inclusion in the team
has strengthened Venture’s practitionerdriven approach. Together, the team
boasts of over 60 years of collective fund raising experience from different
fields of expertise. With these five professionals at the helm, Venture is now
better able to provide focused and customized services to clients with various
organizational structures and advocacies.
Over the past nine years, our team of professionals has helped 829
organizations, delivered 49 public courses, visited 24 countries in 5 continents,
and organized 3 Fund Raising Congresses. Yet, we continue to dream, seeking
to aid more organizations, and tirelessly promote and teach the joy of giving.
Indeed, it has been a year of moving up, but we are committed to keep striving
for excellence as we look forward to even better things to come.
Jasen Ko
Chairman
1
G LO B A L F R I E N D R A ISIN G
In 2008, Venture expanded its reach to 24 countries in 5 continents. The international perspective from the past year’s
travels highlighted the idea that fund raising, in the broad sense, is applicable wherever in the world you may go. Yet, inasmuch
as fund raising is a shared experience, it is also a highly distinctive experience. Apart from global commonalities, fund raising
has different sets of paradigms unique to its situation and context, as every organization brings its own individual nuances.
Cambodia
In January, Venture traveled to Phnom
Penh, Cambodia through the Program
on Rights and Justice (PRAJ). A human
rights and rule of law program, PRAJ was
awarded to the East-West Management
Institute (EWMI) by the United States
Agency for International Development
(USAID). It aimed to improve the
quality of the justice sector and uphold
human rights in Cambodia through
training, technical assistance and grantmaking. EWMI’s main partner for PRAJ
is ABA, the American Bar Association.
The Art of Asking with Major Donors, Phonm Penh
Cambodia
2
Face-to-Face Solicitation Activity FR Planning
Workshop, Tbilisi, Georgia
EMWI-PRAJ was the first project engagement where we traveled
with our entire Program Team. The team conducted simultaneous
interventions including training, consultations and assessments. This
international workshop also marked the first time that Venture conducted
a large training session on social enterprise, since most partners were
already exploring raising funds through the sale of products and
services. As each group had a different level of readiness, the customized
interventions allowed each organization to have their fund raising needs
properly addressed.
Georgia
Later in the year, in June, we were
once again invited to work with the
Catholic Organization for Relief and
Development Aid (Cordaid) in Tbilisi,
Georgia. Venture conducted fund
raising training workshops for Cordaid
partners in its Health and Well-being and
Participation sectors. The engagement
was the first occasion where we were
given the opportunity to be involved in
an Eastern European country through
sector-wide interventions. Armenian
organizations were likewise represented
in the workshops, where we shared the
Asian and Eastern European experiences
in fund raising.
T H E YE A R I N R EVI EW
The engagement aimed to strengthen the fund raising capacities of Cordaid’s
partners in Georgia and Armenia to enable them to work on their long-term
sustainability through skills building. The Cordaid partners exhibited new
awareness in implementing creative fund raising activities and an appreciation
of the fund raising planning process. Venture was also able to participate in the
fund raising activities of the partners, such as an art exhibit event organized by
mental health associations in Georgia, and participate in a Corporate Social
Responsibility forum as a guest speaker on Giving Trends in Asia and Eastern
Europe. Having worked with Ndoba, a psychosocial intervention NGO based
in Tbilisi in the previous year, Venture was also able to build closer ties with this
Cordaid partner through the workshops.
Thailand
Bridging 2007 to 2008 was the partnership with the International Development
Research Centre (IDRC) to conduct a resource mobilization training workshop
and post-training monitoring to the Economy and Environment Program for
Southeast Asia (EEPSEA) network. There were 24 participants in attendance,
representing various Asian countries such as Cambodia, China, Indonesia,
Laos, Philippines, Sri Lanka, Thailand and Vietnam. Venture worked with the
multinational group to conduct training on diversifying fund sources, building
a broad stakeholder base, strategic financial management, donor reporting,
information on various resource mobilization strategies, negotiation and
communication planning.
Our team traveled again to Bangkok, Thailand in April for fund raising training
in partnership with the Sustainable Mekong Research Network (Sumernet), an
organization that is funded by the Stockholm Environment Institute Asia (SEIA).
Sumernet sought Venture’s assistance in providing a training program focused
on building their fund raising knowledge and skills, particularly in strategizing
their fund raising efforts and developing a collective fund raising proposal for the
network.
M
OV I N G PA RT N E R S U P
The past year represented a moving up for Venture for Fund Raising, not
only in terms of our increased global presence but also the expansion of our
local work. In 2008, we began to work with a variety of sectors covering a
wider range of non-profit advocacies. Some of our notable projects from last
year include:
Pusod Pilipinas, an environmental organization whose mission is to
protect and enhance the ecosystems of the Philippines and to show their
significance to the world. Pusod first worked with Venture in May for a
fund raising consulting program that included a fund raising orientation
and planning workshop where there was a transfer of technical know-how,
skills and mindset for fund raising. The project was also significant because
it was the first time that we provided technical assistance by collaborating
Exchange of Ideas, FR Training for Sumernet,
Bangkok, Thailand
3
or amendments in the existing animal-welfare laws of the
Philippines. AKFI contracted Venture for Fund Raising for
a Fund Raising Technical Assistance Program to assist in
laying down the groundwork for its institutional fund raising
campaign.
Fund Raising Training on Earned Income, Phnom Penh,
Cambodia
with the organization in the development
of their communication materials. Venture
worked with Pusod and BBDO Guerrero
for its institutional fund raising campaign
and presentations for the opening of the
California Academy of Sciences in San
Francisco where Pusod was featured in the
Balayan Bay Exhibit.
Animal Kingdom Foundation, Inc.
(AKFI) has been at the forefront of animal
welfare and advocacy in the country since
2002. Its mission is to support, protect
and promote the welfare and the rights
of animals; to eliminate the practice
of illegal slaughter of dogs for human
consumption; and to introduce legislation
4
The Asia Foundation Transparent Accountable
Governance project (TAF-TAG) was a three-phase capacity
building program for TAF-TAG NGO Partners to train,
monitor and evaluate the organizations’ fund raising capacities.
The Knowledge Sharing Workshop was able to give us a
better understanding of how the participants were able to
put the learnings from the Basic Course on Fund Raising into
practice. The participants were given the chance to share their
experiences individually, show successes and convey how they
M
dealt with their limitations with regard to
fund raising. The fund raising activities that
the organizations conducted enabled them
to discover their strengths and weaknesses in
their fund raising efforts and identified further
needs that they needed to address.
IN THE WORDS OF OUR CLIENTS
“Fund raising is
everybody’s business.”
- Fr. Gregg Bañaga, Jr., C.M.
President of Adamson University, after attending
Venture’s two-day Fund Raising Planning Workshop
with other key stakeholders of the university
O V I N G O U T WH I L E MOV I N G U P
Moving Out of the Box
With over 300,000 non-profit organizations in the
Philippines alone, finding your niche in fund raising may at times
be an incredibly daunting task. In 2008, organizations began to
take a step further in ensuring financial sustainability through
innovative campaigns. Creativity is a major factor in engaging
donors. Over the past year, inventive and original campaigns
captured the hearts and pockets of donors worldwide. This
international development was observed by Venture in both the
Philippines through The Kyra Awards and as far as in Georgia.
Art Exhibit and Fund Raising organized by mental
health organizations, Tbilisi, Georgia
M
OVING TOGETHER TOWARD MOVING UP
Moving Out of Your Comfort Zone
Not all organizations, however, are prepared to take the step towards
creative fund raising. One of the challenges we encountered in 2008
was the management of this paradigm shift. Many organizations, across
different regions and sectors, are still reliant on grants to fund their
programs. In some occasions, our recommendations for diversified
funding were met with apprehension and doubt. Organizations would
sometimes become wary, resulting in a palpable resistance and tension
to the idea of diversifying fund sources and exploring other strategies
such as earned income and individual giving.
Undeterred, Venture kept striving towards its goal of teaching
the joy of giving to organizations in the Philippines and across the
globe. Through its training and consultancy services, we aimed to
demonstrate to organizations that there are other sources of income
available to non-profit organizations apart from grants. Indeed, our
work is never done until clients achieve diversity in funding for their
financial sustainability.
Another important realization over the course of our engagements
is that fund raising interventions are more effective in assisting with
the paradigm shift when these are brought in during the earlier stages
of transition. Organizations need money to raise money, and funding
support of grantee organizations during the transition to financial
sustainability is essential. The optimal intervention occurs when
Venture is brought in by funding agencies to assist organizations a year
or two prior to their departure.
As in any industry, success in
non-profit fund raising requires a
keen awareness of current market
trends. Venture’s international
and multi-sectoral exposure in
2008 provided an opportunity to
recognize the nuances of global
donor trends.
Larger donor agencies have
begun to engage more frequently
with government and networks
to enable grants to reach a wider
group of beneficiaries. In response
to this, non-profit organizations
have started to form coalitions and
aggregated themselves into unified
groups.
This consolidation of likeminded
organizations
was
experienced by the team firsthand in
Georgia, where Venture conducted
a three and a half day fund raising
training workshop for the Health
and Well-being Sector of Cordaid.
The workshop provided fourteen
Georgian organizations with an
occasion to interact with
each other and to convene a Special
Meeting for a Mental Health
Coalition. In light of current donor
trends, a coalition presents greater
opportunities in strategizing fund
raising and reinforcing each member’s
commitment to financial sustainability.
TIPS:
Important Considerations in Forming a Coalition
Ensure that organizations are aligned
in their mission and the overarching
cause that unifies the members.
Conduct strategic planning and
budgeting for the coalition.
Collaborate together to finalize
the organizational structure and
governance.
Clarify the objectives and roles of
the coalition and the privileges of its
members.
Clarify roles and responsibilities of
member organizations.
5
IN THE WORDS OF OUR CLIENTS
BASIC COURSE
ON FUND RAISING
The Basic Course on Fund
Raising (BCFR) is one of the
first services that Venture for
Fund Raising offers to the public.
It is a three-day workshop that
teaches the essential principles
and strategies of professional
fund raising through lectures
and interactive activities. BCFR
workshops showcase studies from
former clients and cite examples
from the fund raising experience of
organizations that we have worked
with in the past. Thirty-eight
participants joined the two BCFR
workshops that were organized last
year.
All Venture staff are required to
undergo BCFR training. As the
fundamental building block for
fund raising training, the BCFR
can be supplemented by our
other courses, which include The
Art of Asking, The Fund Raising
Planning Workshop, and Special
Events Fund Raising.
6
“It is important
to know the Greenpeace
donors and to keep them
happy!”
Basic Course on Fund Raising participants (December 2008)
- Judy Cruz-Malabanan,
Database and Supporter Services Officer of
Greenpeace Southeast Asia (Philippines), after
attending Venture’s one-day Fund Raising Training
on Donor Management with other members of the
Supporter Services Unit
WHAT’S NEW WITH VENTURE
In 2008, Venture began to expand its consultancy services. In
previous years, the Operations Team was mainly concerned with
internal affairs. In the past year, however, Operations Director
Marinor Narzoles became part of the Project Team for consultations
or training sessions involving organizational analysis. Marinor
also joined assessments and brought in her extensive expertise in
financial management to assist on the costing side of the projects or
to develop organizational efficiency recommendations.
Apart from operations analysis and consulting, human resources
management also became part of Venture’s portfolio. Venture for
Fund Raising became part of the hiring team for SOS Children’s
Villages, posting job announcements and conducting initial
screening of the applicants.
Venture Management Team
3rd F UND R A ISIN G C O N G R E S S
the 229 delegates in dialogues and interactive
sessions fostering an atmosphere of mutual learning.
Dr. Ned Roberto, Plenary Speaker, FRC 2008
Over the course of nine years, Venture has helped
over eight hundred organizations and conducted
forty-nine basic courses on fund raising. Now that
this pioneer organization has forged a path for
non-profits in the field of fund raising, even more
questions and concerns arise.
How do I ask for larger donations?
Should I bring my donors to the field?
Should they be sent more materials?
Answers to these and many more were revealed
at the 3rd Philippine Fund Raising Congress (FRC
2008), a biennial conference, exhibition and awards
program created and organized by Venture for Fund
Raising. The third installment of the congress was
held on September 3 and 4, 2008 at the Mandarin
Oriental Suites in Cubao, Quezon City. The congress
brought together 38 notable experts and speakers to
share best practices and new approaches, engaging
FRC 2008 was privileged to have Atty. Alexander
Lacson, author of “12 Little Things Every Filipino
Can Do To Help Our Country” as the Conference
Keynote Speaker. A Philippine bestseller, Atty.
Lacson’s book inspires Filipinos by affirming that
each person has the power to change the country for
the better. His was an apt and motivating message
especially for non-profit organizations seeking
to be national catalysts for change. The congress
also provided delegates the opportunity to hear
distinguished professionals discuss a wide array of
fund raising issues through three plenary sessions
and thirteen breakout sessions. Among our noted
speakers were Dr. Ned Roberto of Roberto &
Associates, Inc., Ms. Vivienne Chiam of IDRC, Mr.
Jose Luis Oquiñena of Gawad Kalinga, Mr. Grant
Cassidy of World Vision, Mr. Dickie Soriano of
BCD Pinpoint, and Ms. Cecil Oebanda of Visayan
Forum.
Beyond the plenary and breakout sessions,
participants were also given the opportunity to
learn more about and interact with service providers
for fund raising. A total of fifteen exhibitors shared
the latest technologies and services for online donor
portals, websites, research publications and database
development for non-profit organizations.
The two-day 3rd Fund Raising Congress was
supported by Cordaid, Reconnect by MRM
Worldwide, The Philippine Postal Corporation,
Pilipinas Shell Petroleum Corporation, Gakken
(Philippines), Inc. and PesoPay eBigay. The
Philippine Daily Inquirer and 98.7 dzFE helped
promote the event.
FRC Participants listen attentively at a plenary session.
Atty. Alexander L. Lacson, Keynote Speaker,
FRC 2008
7
KY R A AWA R D S
The Kyra Awards, established during the First Fund Raising
Congress in 2004, was a highlight of the conference. A pioneer
in celebrating the fund raising best practices of Philippine
non-profit organizations, the multi-category Kyra Awards was
established to acknowledge the successes of creative resource
mobilization, and to celebrate partnerships between the profit
and non-profit sectors. Venture received a record-breaking 19
nominations for The Kyra Awards, each with an inspiring
story and commendable achievements in fund raising.
Judging The Kyra Awards were five professionals with
extensive experience in fund raising, communications
and social development. Dr. Ned Roberto, chairman and
president of Roberto & Associates, Inc., served as the
Chairman of the Board of Judges. A highly sought-after
consultant, Dr. Roberto has authored nine books on
marketing research and segmentation, social marketing,
and local governance. Joining him on the panel were Ms.
Marlene Ochoa of Manila North Tollways Corporation, Ms.
Cosette Romero of Fleishmann-Hillard Manila, Business
Development Consultant Mr. Gulliver Go and Ms. Fely
Soledad of Philippine Council for NGO Certification.
The first award presented was The Kyra-PhilPost Best Direct
Mail Campaign Award, which recognizes programs that raised
funds to support ongoing work for the organization through
printed pieces sent out in the mail. To promote awareness
and raise funds for their programs on the issue of Children
in Conflict with the Law, United Nations Children’s Fund
(UNICEF) launched their “Kuya Bill” Direct Mail Campaign. An innovative campaign that raised
over Php 5 million, it garnered the top prize in this first category of awards.
Philippine Science High School Foundation, Inc. was presented with The Kyra Best Special Event
Award in recognition of their art exhibit entitled “Aruga”, Handog ng Sining sa Agham (“Care”, The
Gift of the Arts to the Sciences). The exhibit featured and sold the works of noted painter Joven
Ignacio and PSHS student Myra Ruth Picart, a budding art prodigy. Guests were also entertained
by a mini-concert featuring the musical talents of the PSHS students. The project, which benefited
the school’s Godparent Program, raised funds to provide needed financial assistance for scholars, as
well as support for their emotional and social development programs.
In this photo, Kyra-Reconnect Award for Excellence in Fund Raising winner
World Vision represented by ( from L-R) Cecile Corvera, Malou Leonzon, Pam
Millora, Boris Joaquin, and David Liban, Jr.
8
An integral part of non-profit fund raising is partnership with other organizations. The KyraShell Best NPO-Corporate Partnership Campaign Award recognizes this by honoring the nonprofit that has partnered with a corporation to generate funds, not through requests of philanthropy
and gifts but through a marketing campaign
beneficial to both. For their “Breathing Life
Through Innovative Media” campaign, the Haribon
and GMA Network Partnership was granted the
award. The Haribon-GMA partnership was one of a
series of awareness-generating activities in a national
environmental conservation movement entitled
“Road to 2020” or Rainforestation Organizations
and Advocates to Year 2020”. This resulted in
tree-planting partnerships with large and small
corporations, schools, funding institutions and
individuals, in both volunteer time and monetary
support.
Capping off the evening was The Kyra-Reconnect
Award for Excellence in Fund Raising, in recognition
of the organization that has effectively and
In photo are ( from L-R) are: Dr. Ned Roberto, World Vision’s
David Liban, Jr., Michelle Borromeo of UNICEF, Pilipinas Shell’s
Chito Maniago, Atty. Felipe Dumpit from SOS Children’s Villages
Philippines, Cancer Warriors Foundation’s Roseanne Revalo;
Christine Cenal of Haribon Foundation, and Jaime Faustino.
Venture congratulates all the winners and
nominees of The Kyra Awards! The overwhelming
response to the call for nominations and the high
caliber of the entries is testament to the dynamism
and passion that characterizes the work of nonprofit organizations in the Philippines. We look
forward to the next Fund Raising Congress and
Kyra Awards in 2010 for even more inspiring stories
from these outstanding organizations and leaders in
social development.
In the photo ( from L-R) are: Chairman of the Board of Judges for
Kyra Dr. Ned Roberto; Venture for Fund Raising Board Member
Jaime Faustino; UNICEF’s Gina Sales and Michelle Borromeo;
World Vision’s Boris Joaquin; and, Philpost’s Atty. Froilan Tejada,
Jr. and Luis Carlos.
creatively tapped diversified funding sources that
have exhibited sustained improvement in fund
raising returns. For their notable achievements in
their Fund Raising Best Practices 2007 campaign,
this award was won by World Vision Development
Foundation, Inc. The campaigns yielded an average
of 6,000 new child sponsorships for 2007, a donor
retention rate of 92%, and a 34% growth in total
donations from the previous year. Yet, more than
the numbers, the campaign also built effective
relationships through “hard work, good marketing
and fund raising skills, innovative ideas, exceptional
relational skills, right connections, good timing and
access to information”.
From L-R: Dr. Ned Roberto, Atty. Felipe Dumpit, Marlon Jinon
from Asia America Initiative, Philippine Science High School
Foundation’s Melchor Gaddi and Jaime Faustino.
9
VE N T UR E F R I E N D S
Consolidated List of Venture Friends, Global Partners, Consulting Clients and Training Participants •
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
10
3-S Foundation
4 K’s Organization, Inc.
A Better Chance Foundation
ABS-CBN Bayan Foundation
ABS-CBN Foundation
ABS-CBN Foundation-Bantay
Kalikasan
ABYAN
A Chance for the Poor
Foundation, Inc. (CPFI)
Acosta Foundation, Inc. (AFI)
Action International Philippines
Adamson University
Adaptive Technology for
Rehabilitation, Integration, &
Empowerment of the Visually
Impaired (ATRIEV)
ADRA
Advocate of Philippine Fair
Trade, Inc.
Aflatoun, Child Social and
Financial Education
AFON
Agusan del Sur Civil Society
Network for Sustainable
Integrated Development, Inc.
(ADS Network)
Agusan for People’s Health
Development Foundation,
Inc. (APHDFI)
Ahon sa Hirap Inc.
Ahon sa Kalye Ministries
Ai-Hu Foundation
Akayin ang Bukluran ng
Kabataan sa Daigdig
AKPA
Alalay sa Kabuhayan Foundation
Alalay sa Kaunlaran sa Gitnang
Luzon
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
Alay Sa Kawal Foundation
Al-Hayat Foundation
Alliance Biblical Seminary
The Alliance for Conflict
Transformation (ACT)
Alliance Graduate School
Alliance of Christian
Development Agencies
Alliance of Philippine Partners in
Enterprise Development
Alternative Indigenous
Development Foundation,
Inc.
Alternative Law Groups (ALG)
Amaya Lay Foundation
American Chamber Foundation
Philippines
American Women’s Club of the
Philippines
Amnesty International-Pilipinas
Amuma Cancer Support Group
Foundation
Animal Kingdom Foundation,
Inc.
Ang Arko ng Pilipinas, Inc.
Antique Development
Foundation
Antique Federation of
Cooperatives
Antique Human Development
Program.
Antique Integrated Area
Development Foundation
Apostolic Vicariate of Jolo
Aquinas University Foundation
Archdiocesan Major Seminary
Foundation, Inc.
Archdiocesan Social Action
Center-Davao
• Armed Forces of the Philippines
Educational Benefit System
Armenian Caritas
The ASEAN Foundation
ASEAN Centre for Biodiversity
Asia America Initiative
Asia Development Research
Institute, Myanmar
• The Asia Foundation
• The Asia Network for Sustainable
Agriculture and Bioresources
(ANSAB)
• Asia Pacific Philanthropy
Consortium
• Asian Development Bank
• Asian Institute of ManagementHills Governance Center
• Asian Institute of ManagementScientific Research
Foundation
• Asian Institute of Management
• Asian Institute of Maritime
Studies
• Asian Partnership for the
Development of Human
Resources in Rural Asia
• Asian Theological Seminary
• Asian Vision Foundation
• Asilo de Molo, Inc.
• Asisi Foundation
• Association Anti-Stigma,
Georgia
• Association for People in Need of
Special Care, Georgia
• Association of Development
Financing Institutions in Asia
and the Pacific
• Association of Disabled PersonsIloilo, Inc.
•
•
•
•
•
• The Association of Service
Providers for Landless
Residents of Capiz and Roxas
City & CPC Extension Office
• Association of Social Welfare
Implementors, Inc. (ASWI)
• Assumption College Basic
Education Division
• Ateneo Alumni Scholars
Association
• Ateneo Center for Educational
Development (ACED)
• Ateneo de Iloilo
• Ateneo de Iloilo-Santa Maria
Catholic School
• Ateneo de Manila UniversityMoro Lorenzo Sports
Complex
• Ateneo de Manila UniversityOffice of University
Development & Alumni
Relations
• Ateneo de Zamboanga
University
• ATIKHA Foundation
• Australian National University
• Autism Society of the Philippines
• AWECA Foundation
• Ayala Foundation
• AZUR Development
• Bacolod Girls’ Home
Foundation, Inc.
• Bahay Pari
• Bahay Tuluyan
• Bakyas Community
Development Center, Inc.
• Balay Canossa Foundation, Inc.
(BCFI)
• Balay Handmade Paper
Industries Foundation, Inc.
As of February 19, 2009
• Balay Integrated Rehabilitation
Center for Total Human
Development, Inc.
• Balay Mindanaw Foundation,
Inc. (BMFI)
• Banate Civil Society
Organization Federation
• Bangladesh Friendship Education
Society (BFES)
• Bantay Matanda, Inc.
• Batad Municipal Official and
Employees MPC
• Batang Pinagga Foundation
• BATIS - AWARE, Inc.
• Batis Center for Women
• Bato Balani Foundation, Inc.
• Beijing Normal University
• Benigno S. Aquino, Jr.
Foundation (BSAF)
• BF Industries
• Bicol Center for Community
Development
• Bigkis-Young Life Foundation
• Biomedis
• Bishop’s House Diocese of
Legazpi
• Biz Times
• Blessed Luigi Orione Library and
Computer Center
• Blessed Mother Rosa’s Foster
Home Foundation, Inc.
(BMRFHFI)
• Bonifacio Arts Foundation, Inc.
(BAFI)
• Boy Scouts of the Philippines
• Bridging Gaps Foundation
• The British Council
• Brokenshire College
• Buasdamlag Foundation
• Buddhism for Development
(BFD)
• Bukas Palad Foundation
• Bukidnon Integrated Network
of Home Industries, Inc.
(BINHI, Inc.)
• Buklod Biyayang KristiyanoMindanao (BBK-Min)
• Buhing Lihok Alang sa Kalambuan sa Kabataan, Inc. (Bulak
Kabataan)
• Butihing Lihok Alang sa
Kalambu-an sa Kabataan, Inc.
(BULAK KABATAAN)
• Butuan Habitat for Humanity,
Inc. (BHFHI)
• Cambodia Development
Resource Institute
• Cambodian Center for
Independent Media
• Cambodian Health and Human
Rights Alliance (CHRRA)
• Cambodian Human Rights
Action Committee
(CHRAC)
• Cambodian League for the
Promotion and Defense of
Human Rights (LICADHO)
• Cambodian Women Crisis
Center (CWCC)
• Campaign Social Response
• Cancer Prevention Center,
Georgia
• Cancer Warriors Foundation,
Inc.
• Cantho University in Vietnam
• CANVAS
• Capiz-Roxas Islamic Foundation,
Inc.
• Capiz CODE
• Capiz Network for Enterprise
Development, Inc.
(CapizNED)
• Capt. WPA Foundation
• CARD Mutually Reinforcing
Institutions
• CARE Philippines
• Caritas Georgia
• Caritas Manila, Inc.
• CARRD
• Cartwheel Foundation, Inc.
• CASCo
• Cataract Foundation Phils., Inc.
• Caucus of Development NGO
Networks
• Caucasus Institute for Peace,
Democracy and Development
(CIPDD)
• Cavite Institute
• CBN Asia
• Cebu Archdiocesan Major
Seminary Foundation, Inc.
• Cebu Association of the Deaf
• Cebu Children’s Discovery
Museum
• Cebu Educational Development
Foundation for Information
Technology
• Center for Autism and Related
Disorders (CARD-PAFI)
• Center for Biodiversity and
Indigenous Knowledge
(CBIK), China
• Center for Community
Journalism and Development
• Center for Culinary Arts
• Center for Environmental
Awareness and Education
• Center for International
Education
• Center for Migrant Advocacy
Philippines
• Center for People’s Resources
and Services, Inc.
• Center for People’s Rights and
Participation
• Center for Social Concern &
Action (COSCA)
• Center for the Prevention and
Treatment of Child Sexual
Abuse
• Center for Training and
Consultancy (CTC), Georgia
• Central Institute for Economic
Management, Vietnam
• Cerebral Palsied Association of
the Philippines
• Chameleon Association
• Charity First Foundation
• Child and Environment, Georgia
• Child and Family Service
Philippines
• Childhope Asia Philippines
• Children for Breastfeeding
• Children International – Unang
Lingap Kapwa Philippines,
Inc.
• The Children’s Library
• Children’s Heart Foundation
• Children’s Hour
• Child’s Dream Foundation
• Christ Ambassadors Ministry
Philippines (CAMP)
Development and Social
Services, Inc.
• Christian Foundation for the
Deaf and Blind, Inc.
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
Christ to the Orient Missions
Christian Growth Ministries
Christian Light Foundation
Chulalongkorn University
Church of God-Makati
Claretian Communication
Foundation, Inc.
CLC Sagip Buhay Foundation
Coalition Against Trafficking in
Women - Asia Pacific
Coalition of Services of the
Elderly
Code NGO
College of Human Ecology-UP
Los Baños
College of the Immaculate
Concepcion
Columban College
Columban Companions in
Mission
Community Capacity for
Development (CCD)
Community Economic
Development (CED)
Community Legal Education
Center (CLEC)
Community of Hope Special
Education Center
Community Services CenterUniversity of St. La Salle
Integrated School
Communities Biodiversity
Development and
Conservation (CBDC) Nan
Project
Concerned Citizens Against
Pollution
Concerned Citizens of Abra
for Good Government
(CCAGG)
• Consortium of Bangsamoro Civil
Society
• CORDAID
• Cornerstone Foundation of
Butuan, Inc.
• CPBC
• CPTSA
• CPU-KCI
• CPU NSTP CWTS
• Cradle of Joy Center for
Learning
• CRIBS Philippines, Inc.
• Culinary Education Foundation
• Damayan ng mga Maralitang
Pilipinong Api
• Daughters of Charity
• Davao Autism Intervention
Center Foundation
• Davao Gulf Action Team Center for Alternatives for
Restoration of the Ecosystems
• DBC Child Learning Center
• Deaf Evangelistic Alliance
Foundation, Inc.
• Deccan Development Society
(DDS)
• De La Salle Brothers, Inc.
• De La Salle Canlubang
• De La Salle College of Saint
Benilde
• De La Salle Health Sciences
Campus
• De La Salle Health Sciences
Institute
• De La Salle Lipa
• De La Salle Professional SchoolsGraduate School of Business
• De La Salle Santiago Zobel
School
11
• De La Salle University
• De La Salle University
Dasmariñas
• Department of Environment and
Natural Resources
• Development Advocacy of
Women Volunteerism
Foundation
• Development Consultants, Inc.
(DEVCON)
• Development Executive Group
(DevEx)
• Development through Access to
Network Resources (D.Net)
• Digital Divide Data (DDD)
• DILAAB Foundation, Inc.
• DILG-NCR
• Dinagat Island Development
Foundation, Inc. (DIDF)
• Diocese of Cabanatuan
• DiploFoundation
• Disease Prevention and
Control Foundation-Rotary
Philippines
• Don Bosco College
• Don Bosco Foundation
• Don Bosco Projects Office
• Dualtech Training Center
Foundation
• Earthlite Foundation
• East Asian Pastoral Institute
(EAPI)
• East Coast College Inc.
• East-West Management InstituteProgram for Rights and Justice
(EWMI-PRAJ)
• Educational Discipline in Culture
and Area-Based Development
Services, Inc. (EDCADS)
• Educational Research
Development Assistance
Foundation
• El Nido Foundation
• Emerging Education Executives
• Empowering Indigenous People
of Agusan del Sur (EIPADS),
Inc.
• Environment Quality Monitoring
Center, Lao
12
• EMB-NCR
• Environmental Compliance
Consultants International
• Environmental Legal Assistance
Center, Inc.
• Environmental Management
Bureau
• Environmental Management
Bureau-DENR Region III
• Environmental Science for Social
Change
• Equitable PCI Trust Department
• ERDA Foundation
• Eternal World Television
Network
• European Chamber of Commerce
of the Philippines
• European IT Service Center
Foundation
• Evelio B. Javier Foundation, Inc.
• EVENTUS Productions
• Every Nation Ministries
• Families and Children for
Empowerment and
Development Foundation
(FCED), Inc.
• Family Planning Organization of
the Philippines
• Fantsuam Foundation
• Far East Broadcasting Company
• FCED
• Federation of River Basin
Councils
• Federation of Women’s
Association in Concepcion,
Iloilo, Inc.
• Fellowship of Christians in
Government
• Firefly Brigade
• First Christian Stewardship Fund
Raising Association
• Fisheries Action Coalition Team,
Cambodia
• Flying Medical Samaritans
• Fondacio Centre of Formation
• Fondacio Christians for the
World Philippines
• Food for Hungry Minds
Foundation, Inc.
• Food for the Hungry Phils.
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
The Ford Foundation
Forest Management Bureau
Fortis Private Bank
The Forum for Family Planning
and Development, Inc.
Foundation for Agrarian Reform
Cooperatives in Mindanao
Foundation for Communication
Initiatives, Inc.
Foundation for Crime Prevention
Foundation for Cultural Survival,
Inc.
Foundation for Our Lady of
Peace Mission
Foundation for Peace and
Development
Foundation for Philippine
Environment
Foundation for Professional
Training
Foundation for a Sustainable
Society, Inc.
Foundation of the Society
of Fellows in Supply
Management
Fr. Al’s Children’s Foundation
Fr. Alfred Cogliandro Memorial
Foundation
Fr. Vincent Cullen Tulugan
Learning and Development
Center
Framework Convention Alliance
on Tobacco ControlPhilippines
Franciscan Sisters of the
Immaculate Conception
Frere Saint Benilde Romancon
Educational Foundation
FriendlyCare Foundation
FRONTIERS Philipines
Fund TAOBA, Georgia
Gabay ng Barangay sa Pag-Unlad,
Inc.
Galing Pook Foundation
Gami Seva Sevana Limited
Gawad Kalinga
Gawasnong Pagbalay, Inc.
Genetic Resource, Ecology,
energy and Nutrition
(GREEN) Foundation
• Georgian Association for Mental
Health (GAMH)
• Georgian Association for Public
Support and National
Sustainability (The Genesis
Association)
• Georgian Association for
Psychosocial Aid (Ndoba)
• Georgian Mental Health
Coalition
• Georgian Young Lawyers
Association (GYLA)
• Geriatric Club - Davao Medical
Center
• GITIB, Inc.
• Global Initiative on PsychiatryTbilisi
• Global Environment and Nature
Ecosystems (GENESYS)
Foundation
• GMA Kapuso Foundation
• GOAL Philippines
• Gonzalo and Carmen Abaya
Memorial Foundation, Inc.
(GCAMFI)
• Good Shepherd Foundation of
Antique, Inc.
• Grassroots Women’s
Empowerment Center, Inc.
• Greenhills Christian Fellowship
South Metro
• Greenpeace Southeast Asia
• Gugma Medical Foundation, Inc.
• Guided and Unified Interactions
for Development of Children
• Habitat for Humanity China
• Habitat for Humanity Indonesia
• Habitat for Humanity
Philippines
• Hakus Katipak Foundation
• Handicapped’s Anchor is Christ
(HACI D ORO), Inc.
• Hands On Manila Foundation,
Inc.
• Hanoi National-Economic
University
• Hantique-Igcabuhi CenterHublag EVELIO
• Happy Earth
• Haribon Foundation
• Healing and Integration for Life
and Options Management
Heath Care Without Harm
Hearing and Deaf Society
Heifer International Thailand
Hemophilia Association of the
Philippines for Love and
Service
• Higala Association
• Holy Faith Church
• Hope for Change
• Holy Infant Nursery Foundation,
Inc.
• Home of Hope, Inc.
• HOPE Worldwide Philippines
• Hue University in Vietnam
• Human Development and
Empowerment Services
(HDES)
• Human Rights Information and
Documentation Centres
(HRIDC), Georgia
• Human Rights Organization
for Transparency and Peace
(HROTP)
• H.W. Miller Memorial
Sanitarium and Hospital
• I Can Serve Foundation
• ICT4D ASEAN Collaboratory
• Idica Foundation
• I-Empathize Support Group
• Ignite Media, Inc.
• Ilog Kinderhome Foundation,
Inc.
• Iloilo CODE-NGOs
• Iloilo Juvenile Welfare
Association, Inc.
• Iloilo Kinderhome, Inc.
• Iloilo Mercy Foundation
• Iloilo People’s Habitat
Foundation, Inc.
• Inclen Trust International
• Initiatives for International
Dialogue
• Inocencio Magtoto Memorial
Foundation, Inc.
• Institute for Democratic
Participation in Governance
• Institute for Social Studies and
Action
•
•
•
•
• Infobuilders
• Institute for Studies in Asian
Church and Culture
• Institute of Ecoforestry
Economics in China
• Institute of Policy Studies in Sri
Lanka
• Institutional Network for Social
Action-Miriam College
• Inter-Agency Council Against
Trafficking (IACAT)
• Inter-Clinic Therapy Association
• Interface Development
Interventions, Inc.
• International Association For Aid
to Children Suffering From
Leukemia, Georgia
• International Council on
Management of Population
Programs
• International Cultural and
Educational Foundation, Inc.
• The International Development
Research Centre
• International HIV/AIDS
Alliance-Philippines and
Bangladesh
• International Institute of Rural
Reconstruction
• International Justice Mission
• International Labour
Organization (ILO)
Subregional Office for SouthEast Asia and the Pacific
• International Model Forest
Network Secretariat (IMFNS)
• International Needs Philippines
• International Rice Research
Institute
• International Social Service (ISS)
Philippines, Inc.
• Intervarsity Christian Fellowship
of the Philippines
• International Water Management
Institute Southeast Asia
(IWMI-SEA) Regional
Center
• Isabela Farmers Development
Foundation, Inc. (FICOBank
Foundation)
• Isis International-Manila
• Japan International Cooperation
Agency ( JICA)
• Jaro Archdiocesan Social Action
Center ( JASAC)
• Jesuit Communications, Inc.
( JesCom)
• Jesuit Volunteers Philippines
• Jesus Loves You Celebration
Church
• Jesus The Miracle Healer and
Caring Foundation
• Josefina T. Albano Foundation
• Jubilee Homes for the Poor
• Julio & Florentina Ledesma
Foundation, Inc. ( JFLFI)
• Just Kidding, Inc.
• Kaalalay Foundation, Inc.
• Kabalaka Development
Foundation
• Kabalikat ng Migranteng Pilipino
• Kabataan Consortium
• Kadtuntaya Foundation
• Kahayag Development Project,
Inc. (KDPI)
• Kaisahan
• Ka Lui Restaurant Sagipin ang
Gubat at Dagat - Palawan
• Kanlungan Center Foundation
• KAPAMAGOGOPA
• Kapatiran Mission Cares Inc.
• Kapwa Ko Mahal Ko Foundation
• Karakoram Area Development
Organization (KADO)
• Kasanib Foundation
• Kasanyangan Rural Development
Foundation, Inc. (KRDFI)
• Katilingban para sa Kalambuan.
• Katotohanan, Pagkakaisa at
Serbisyo (KPS) Foundation,
Inc.
• Katotohanan, Pagkakaisa at
Serbisyo (KPS) Foundation,
Inc./ KPS SEED Inc.
• Kauswagan
• Kauswagan United Parents
Association, Inc.
• Key Results, Inc.
• Khmer Rural Development
Association (KRDA)
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
Kilusang Diwa ng Taguig
Kin Care Competence
Knowledge Channel Foundation
Kongreso ng Pagkakaisa Ng
Maralitang Lungsod
Kumar Ney Kdey Sangkheum
(KNKS)
Kunathor (KNT)
Kuria Propinsi Kapusin
Kythe Foundation
Laak Institute Foundation
Lanao Educational Arts for
Development
Lanao Foundation, Inc. (LFI)
Leaf Foundation, Inc.
Learning Centers in PayatasMother of Divine Providence
Parish
Learn.Ph Foundation
Legacies & Treasures
Legal Aid of Cambodia (LAC)
Leonard Cheshire International
Levi Celerio Foundation
Life and Health for Asia
Foundation, Inc.
Life’s Essence for Achievement
and Development, Inc.
LIHUK-Iligan
Lingap Foundation
LINK Center for the Deaf
Lingkod ER Foundation, Inc.
Livelihood Enhancement
through Agro-Forestry
Foundation (LEAF), Inc.
Local Empowerment Foundation
(LEF)
Local Initiatives for Biodiversity,
Research and Development
Lok Sanjh Foundation
Lola Grande Foundation
Lorma Colleges
Lundyan para sa Pagpapalaganap,
Pagtataguyod at Pagtatanggol
ng Karapatang Pambata
Foundation
Lutheran World Relief
Mactan Channel Multi-Sectoral
Management Council
Madras Medical Mission
(MMM)
• Madre de Amor Hospice
Foundation
• Mae Fah Luang University
(MFU), Thailand
• Makati Business Club / Coalition
Against Corruption
• Make A Wish Foundation
• Maliga House (Citizen’s Network
for Japanese-Filipino
Children, Inc.)
• Managing Alternatives Group
• Manila Adventist Medical Center
• Manila Waldorf School, Inc.
• Mangyan Heritage Center
• Mangyan Mission
• Maple Tree Foundation for
Mountain Communities
• Marcellino Foundation
• Marciano Tañada Educational
Foundation
• Maria Montessori Children’s
School Foundation
• Maritime Services and
Management
• Margowitan Model Forest in
Indonesia
• Mary the Queen Maternity and
General Hospital Foundation
• McCann-Erickson Phils.
• Mediatrix Foundation
• Medical Social Workers
Association
• Mekong Institute of Thailand
• Mekong River Commission, Lao
• Metro Angeles Chamber of
Commerce and Industry
• Metro Manila Air Shed
(Governing Board Technical
and Administrative Secretariat
and Technical Working
Group)
• Metro Manila Quality Air
Improvement Sector
Development Program
(EMB-DENR)
• Metro Manila Quality Air
Improvement Sector
Technical Secretariat
• Metro Ministries International
Philippines
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
Meralco Foundation
METSA Foundation
MGA GAWA
MILAMDEC Foundation, Inc.
Mindanao Land Foundation, Inc.
Mindanao State UniversityMarawi
Mindanao Working Group on
Reproductive Health, Gender
and Sexuality
Ministry of Environment in
Cambodia
Miriam College Foundation
Miriam College-Babaing
Aktibong Indibidwal (BAI)
Missionary Sisters of St.
Columban
Mission for the Deaf
Mitra Technology Foundation
MMLDC Foundation
MRM Worldwide
Mobilesoft, Inc.
Montfort Youth Centre
Mother Laura Gertrude Seland
Foundation
Mother Rosa Memorial
Foundation
Multi-Ethnic Resource Center
on Civic Educational
Development (MRC),
Georgia
Multinational Investment
Corporation
Multisectoral Alliance for
Development-Negros
Multi-Sectoral Citizen
Foundation
Municipality of Bingawan
Museo Pambata
Muslim Kristian Vendor
Association
My Children’s House of Hope
(Bantay Bata 127)
Myotherapy for Life, Inc.
My Shelter Foundation
Naga College Foundation
Nagaland Empowerment of
People through Economic
Development (NEPED)
National Nutrition Council
13
• National Agriculture and Forestry
Research Institute (NAFRI)Ministry of Agriculture and
Foresty, Lao
• National Council of Christian
Community Churches
• National Democratic Institute for
International Affairs
• National Institute for Science
and Technology Policy and
Strategy Studies-Ministry
of Science and Technology,
Vietnam (NISTPASS)
• National University of Laos
• Negros Forests and Ecological
Foundation, Inc.
• Negros Occidental Rehabilitation
Foundation, Inc. (NORFI)
• Netherlands Organization for
International Development
Co-operation
• NDC Tagum Foundation
• Nippon Foundation
• Nirmal Niwas
• Non-Timber Forest ProductsExchange Programme
(NTFP-EP) for South and
Southeast Asia
• NORFIL Foundation
• North Philippine Union Mission
• Notre Dame University
• OFW Family Club
• OM Philippines
• One Alcon Place Foundation
• Open Heart Foundation
Worldwide
• Operation Diabetes Support
Association
• Operations Smile Foundation
Smile Philippines
• Ortigas Foundation, Inc.
• Our Lady of Peace House
Formation Center
PayaphyuTounggyi
• Our Lady of the Mission
• Padjadjaran University in
Indonesia
• Paghidaet Ko Foundation, Inc.
• Panaghiusa Alang sa Kaugalingan
ng Kalingkawasan
14
• PAL Foundation
• Panay Rural Development
Center, Inc.
• Pandaigdigang Pag-asa ng
Pilipinas
• Pangarap Foundation
• Parenting Foundation of the
Philippines
• PARFUND
• Partnership for Clean Air
• Partnership of Philippine
Support Service Agencies
• Pathways to Higher Education
Philippines
• The Peacemakers’ Circle
Foundation
• PeaceTech
• Penuel School of Theology
• People’s Coop and Bankal
National High School
• People’s Credit and Finance
Corporation
• PEP-CBMS Network Office
• PETA
• PGH Medical Foundation, Inc.
• PHAP Cares Foundation
• Philam Foundation, Inc.
• PhilCOCHED
• Philippine Agrarian Reform
Foundation for National
Development (PARFUND)
• Philippine Association for
Citizens with Developmental
and Learning Disabilities
• Philippine Association of
Museums
• Philippine Band of Mercy
• Philipipne Bible Society
• Philippine Breast Cancer
Network
• Philippine Business for Social
Progress
• Philippine Catholic Lay Mission
• Philippine Cerebral Palsy, Inc.
• Philippine Chamber of
Commerce and Industry
• Philippine Christian Foundation
Inc.
• Philippine Coalition Against
Tuberculosis
• Philippine Council for Islam and
Democracy
• Philippine Council for NGO
Certification
• Philippine Council of Cheshire
Homes for the Disabled
• Philippine Council of Young
Political Leaders Foundation
• Philippine Daily Inquirer
• Philippine Eagle Foundation
• Philippine Educational Theater
Association
• The Philippine Foundation for
C.E.D. Inc.
• Philippine Foundation of Christ’s
Youth in Action, Inc.
• Philippine Franchise Association
• Philippine Legislator’s
Committee on Population
and Development
Foundation, Inc.
• Philippine Leprosy Mission
• Philippine National Museum
Foundation
• Philippine National Police
Foundation, Inc.
• Philippine National Red Cross
• Philippine NGO Support
Program (PHANSuP)
• Philippine Partnership for
Development of Human
Resources in Rural Areas
• Philippine Relief and
Development Services
• Philippine Rural Reconstruction
Movement (PRRM)
• Philippine Science High School
Foundation, Inc.
• Philippine Seafarers Training
Center
• Philippine Service of Mercy
Foundation, Inc. (PSMFI)
• Philippine Tuberculosis Society
• Philippine Youth Business
Foundation
• PHILSSA
• Pilipinas Shell Foundation
• Pinili Credit Cooperative
• Pinoy Group
• PJ Lhuiller Foundation
• Plan Philippines
• PLDT Smart Foundation
• Policy Review and Editorial
Services
• Por Cristo Foundation, Inc.
• PREDA
• Preparatory Committee for
Handicap International Japan
• Presidential Agrarian Reform
Council Secretariat
• PROCESS-Bohol
• PROCESS Foundation Panay
• Procurement Watch, Inc.
• PRONET
• Propegemus Foundation, Inc.
(PFI)
• PROTÉGÉ QV
• Public Health and Medicine
Development Fund of
Georgia
• Punla sa Tao Foundation, Inc.
• Punta Fuego Foundation
• Pusat Kebajikan Good Shepherd
• Pusod Pilinas
• Pusong Pinoy Foundation, Inc.
• Ramon Magsaysay Award
Foundation
• Ranao Women and Children
Resource Center, Inc.
(RWCRC)
• ReachOut Foundation
International
• Reintegration for Care and
Wholeness Foundation, Inc.
• Relief and Children’s Alternative
Program (RECAP)
Foundation
• RepubLIKHA
• Research Institute of Diponegoro
University in Indonesia
• The Resource Alliance
• Resource Handumanan
Foundation
• Resources for the Blind
• RG Seven Creative Services
• Rivers of Living Water Catholic
Community
• Robinsons Children’s Library
• Roxas City Urban Poor
Federation, Inc.
• Rotary Club
• Roxas Gargolio Foundation, Inc.
• Rural Enterprise Assistance
Center (REACH)
Foundation, Inc.
• Sa Aklat Sisikat Foundation
• Sabakan Ministry to Women
• Sacred Heart Academy
• Sacred Heart Convent, India
• Sagipin ang Gubat at Dagat
Foundation-Palawan
• Salesian Missions – Don Bosco
• Salesian Society of St. John Bosco
• Salt and Light Ventures
• The Salvation Army – Philippines
Territory
• Samahang Nagkakaisang
Mamamayan sa North Hills
Village
• Samahan at Ugnayan ng mga
Manggagawang Pantahanan sa
Pilipinas (SUMAPI)
• Samaritana Transformation
Ministries
• The Samaritan’s House
• San Beda College-Alabang
• Sanitation Resource Centers
• San Lorenzo Ruiz SocioEconomic Development
Foundation, Inc.
• Santuario de San Vicente de Paul
• Sarmiento Foundation
• SARILAYA (Kasarian-Kalayaan)
• Sarvodaya Shramadana
Movement of Sri Lanka
• Save Cambodia’s Wildlife (SCW)
• Save Mindanao Volunteers, Inc.
(SMVI)
• Save the Children
• Save the Children-UK
(Philippines Programme)
• Schoenstatt Movement of the
Philippines
• SchoolNet Africa
• School of Deaf Education and
Applied Studies- De La Salle
College of St. Benilde
• Science Technology and
Environment Agency in Lao
• SDFI
• Seagulls Flight Foundation
• Self-Unfoldment Fellowships
• Sentro sa Maayong Magbalantag,
Inc. -Good Shepherd-Ibig
(SSMMI-RGS)
• Serra Center
• Shanti Rani Convent
• Share a Child Movement, Inc.
• Shepherd of the Hills Children’s
Foundation, Inc.
• Shining Light Foundation
• SIAN Initiatives in Mindanao
Convergence for Asset
Reform and Regional
Development
• Sibol ng Agham at Teknolohiya
(SIBAT)
• Sibog Katawhan Alang sa
Paglambo, Inc. (SIKAP)
• Sigmahanon Development
Foundation, Inc.
• Signpost International, Inc.
• SIL Philippines
• Silay Magalona Foundation
• Silliman University Foundation
• Silverde Foundation
• Simag Foundation, Inc.
• Slums Information Development
& Research Centres
(SIDAREC)
• Small Economic Enterprises
Development (SEED)
• Social Action Center, Diocese of
Legazpi City
• Social Action Center- Justice
and Peace Desk, Diocese of
Marbel
• Social Action Center of
Pampanga
• Social Health Care Foundation
• Social Weather Stations
• Sociedad Española de
Beneficencia
• Sociedad Misionera
• Societas Fidei, Inc.
• Solid Waste Management
Association of the Philippines
• Soroptimist International Philippine Region
• Sor Sor Troung (SST)
• SOS Children’s Village Lipa
• SOS Children’s Villages
Philippines
• South Central Luzon Conference
• Southeast Asian Press Alliance
• Southeast Asian Regional Center
for Graduate Study and
Research on Agriculture
• Southern Asia-Pacific Division,
Seventh Day Adventist
Church
• South East Asia Regional
Initiatives for Community
Empowerment (SEARICE)
• Southern Philippine Union
Conference
• Special Children Outreach for
Rehabilitation
• St. Camillus Home of Charity
• St. Luke’s Medical Center,
Corporate Affairs Office
• St. Maria Goretti Development
Foundation
• St. Niño de Pragua Quasi-Parish
Church
• St. Paul University Quezon City
• St. Paul University-Manila
• St. Scholastica’s College
• St. Vincent’s Home, Inc.
• Sta. Clara de Montefalco Parish
• Starmax
• Stockholm Environment
Institute-Asia
• Stockholm Environment
Institute-Stockholm
• Stockholm Environment
Institute-York
• Streams of Knowledge Global
Coalition of Water and
• Sukhothai Thammathirat Open
University in Thailand
• Sulu Provincial Government
• Sumner Institute of Linguistics
• Surigao Sur Organization for
Human Development, Inc.
(SSOFHDEV)
• Sustainable Energy Development
Program- USDO-USAID
• Sustainable Mekong Research
Network
• Synergeia Foundation
• Tambayan Center for the Care of
Abused Children
• TAMPUDA Development
Council, Inc.
• Tanggapang Panligal ng
Katutubong PilipinoPANLIPI
• Tanghalang Lakbay Pinoy
• Tanglaw Maralita Foundation
(Anti-Poverty Union of the
Philippines)
• Taos Puso Foundation, Inc.
• Tapulanga Foundation
• Technology Outreach
and Community Help
Foundation, Inc. (TOUCH)
• Thailand Development Research
Institute (TDRI)
• Thai RuralNet
• Touch a Life Foundation, Inc.
(TALF)
• Touch Foundation, Inc.
• Translators Association of the
Philippines
• Transparency and Accountability
Network
• Tribes in Asia Foundation, Inc.
• Triple “A” YD-UE Foundation,
Inc.
• True Love Power International
• TSPI
• Tubbataha Management Office
• Tulong Dukha Foundation
• Tuloy Foundation
• UBING – Policy Research for
Developmetn Alternative
• Ulot Watershed Model Forest in
Philippines
• UNICEF
• Union Man and Nature, Georgia
• United Church of Christ in the
Philippines
• United Isulan Youth for Progress
• United States Agency for
International Development
(USAID)
• United States-Asia
Environmental Partnership
(US-AEP)
• United States Peace Corps,
Philippines
• Unity Service Cooperation Nepal
(USCN)
• University of Batangas Special
Children Foundation
• University of Makati
• University of Negros Occidental
• University of Peradeniya in Sri
Lanka
• University of Policy Studies in
Sri Lanka
• University of the PhilippinesChemistry Alumni
Foundation
• University of the PhilippinesInstitute of Chemistry
• University of the Philippines-Los
Baños
• University of the PhilippinesMindanao Foundation
• University of the Philippines-Red
Cross
• University of the PhilippinesRural High School
• University of the PhilippinesVisayas
• University of the PhilippinesVisayas Chancellor’s
Committee for Culture and
the Arts
• University of St. La Salle
• Users’ Perspecitives with
Agricultural Research and
Development (UPWARD)
• Urban Poor Associates
• USAID Cambodia
• Venerable People Support (VPS)
• Victory Leadership Institute
• Villamaria Good Shepherd
• VIMACA Kabulig Foundation
• Vincentian Missionaries Social
Development Foundation,
Inc.
• Virlanie Foundation, Inc.
• Visayan Forum Foundation, Inc.
• Volunteer Service OrganizationBahaginan
• Volunteer Service OrganizationPhilippines
• Volunteer Service OrganizationUK
• Volunteers for Development
in Philippine Society
(DEVELOPERS)
Foundation, Inc.
• Volunteers for the Rehabilitation
of the Handicapped and
Disabled
• VOICE
• Wesleyan Bible College
• West Negros University
• West Visayan Academy
• Western Samar Development
Foundation, Inc.
(WESADEF)
• West Visayan Conference
• Women and Children Therapy
and Crisis Center, Inc.
(WATCH)
• Women and Gender InstituteMiriam Colllege
• Women and Work Resource
Center
• Women’s Crisis Center, Manila
• Women’s Legal Education,
Advocacy & Defense
(WOMENLEAD)
Foundation, Inc.
• Women’s Media Center (WMC)
• Working Hands Scholarship
Foundation
• World Emergency Relief
• World Vision Development
Foundation
• World Wide Fund-Philippines
• Yakap Pamilya Foundation
• Year of Service
• YMCA of Iloilo
• Young Asia Television (YATV)
• Youth Power Against Drugs
• Zamboanga Disaster Relief
Foundation
• Zen Center for Oriental
Spirituality
• Zhao Zhuang Tian Zhu Tang
• Zone One Tondo Organization
• ZOTO (Kabuhayan sa
Komunidad ng ZOTO-KK2)
• Zuellig Foundation
15
INDEPENDENT AUDITOR’S REPORT
The Board of Trustees
VENTURE FOR FUND RAISING FOUNDATION, INC.
Unit 2801 Jollibee Plaza, F. Ortigas Jr. Road
Ortigas Center, Pasig City
We have audited the accompanying statement of assets, liabilities and fund balances
of VENTURE FOR FUND RAISING FOUNDATION, INC. as of December 31,
2008 and the statement of receipts and disbursement, changes in fund balances and cash
flows for the year then ended, and summary of significant accounting policies and other
explanatory notes.
We believe that the audit evidence we have obtained is sufficient and appropriate to
provide a basis for our audit opinion exclusively on the Financial Statements for the year
January 1 to December 31, 2008. It bears to stress that the financial statements for the
year ending 2007 were presented side by side with the 2008 financial statements solely for
comparative purposes as required by various government agencies. However, we cannot
vouch for the fairness and correctness of these 2007 financial statements as such were
audited by another external auditor.
Management’s Responsibility for the Financial Statements
Opinion
Management is responsible for the preparation and fair presentation of these financial
statements in accordance with generally accepted accounting principles in the Philippines.
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.
In our opinion the financial statements present fairly, in all material respects, the
financial position of VENTURE FOR FUND RAISING FOUNDATION, INC. as of
December 31, 2008, and of its financial performance and its cash flow for the year then
ended in accordance with generally accepted accounting principles in the Philippines.
Auditor’s Responsibility
Our responsibility is to express an opinion on these financial statements based on our
audit. 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 misstatements.
16
An audit involves performing procedures to obtain audit evidence about 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
consider 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 & the reasonableness of accounting estimates made by
management, as well as evaluating the overall presentation of the financial statements.
PAUL NICOMEDES L. ROLDAN
For the firm
CPA Cert. No. 75656 / TIN No. 106-206-432
PTR No. 5101538, January 6, 2009, Pasig City
SEC Accreditation No. 0656-A, issued on March 4, 2008
BIR Accreditation No. 07-001671-1-2006, issued on May 10, 2006
BOA/PRC Reg. No. 1348, renewed on January 14, 2008
F INA N CI A L STAT E M E N TS
Statements of Assets, Liabilities and Fund Balances
Notes
2008
Statements of Receipts and Disbursements
2007
ASSETS
Current assets
Cash and cash equivalents
Accounts Receivable
Accounts Receivable - Others
Pre-payments and other assets
Total Current Assets
3
4
5
6
Non-Current Assets
Property and equipment (Net)
Other non-current assets
Total Non-Current asstes
7
8
TOTAL ASSETS
8,946,088.04
488,682.42
41,636.57
163,313.59
9,639,720.62
1,606,334.22
462,785.35
180,900.59
206,728.22
2,456,748.38
208,674.94
146,449.95
355,124.89
261,869.54
131,395.71
393,265.25
9,994,845.51
2,850,013.63
LIABILITIES AND FUND BALANCES
Current Liabilities
Accounts payable
Income tax payable
Other current liabilities
Total Liabilities
13
9
192,732.58
59,042.11
447,128.43
698,903.12
327,899.08
772,043.08
1,099,942.16
Notes
RECEIPTS
Grants received
Donations received
Total Receipts
DISBURSEMENTS
Project costs
General and administrative expenses
Total Operating Expenses
16
9,295,942.39
9,994,845.51
11,725,934.49
73,675.85
11,799,610.34
14
15
8,707,884.94
1,792,442.88
10,500,327.82
9,286,987.54
1,504,377.08
10,791,364.62
7,390,640.03
1,008,245.72
168,691.75
34,122.68
44,356.83
10,224.42
54,581.25
6,500.13
6,500.13
(9,000.00)
(9,000.00)
(37,832.88)
(37,832.88)
7,604,913.03
59,042.11
1,011,035.65
11,942.93
7,545,870.92
999,092.72
12
EXCESS (DEFICIT) OF RECEIPTS OVER
13
1,750,071.47
NET EXCESS (DEFICIT) OF RECEIPTS AND DISBURSEMENT AFTER TAX
TOTAL LIABILITIES AND FUND BALANCES
17,543,918.97
347,048.88
17,890,967.85
FINANCE INCOME
Foreign exchange gain (loss)
Interest income
Total Finance Income
FINANCE COST
Interest expense
Total Finance Cost
DISBURSEMENTS BEFORE TAX
PROVISION FOR INCOME TAX
FUND BALANCES
2007
11
EXCESS (DEFICIT) OF RECEIPTS OVER DISBURSEMENTS
OTHER INCOME
Other Income
2008
2,850,013.63
17
Statements of Changes in Fund Balances
Statements of Cash Flow
Notes
CASH FLOW FROM OPERATING ACTIVITIES
Excess of receipts over disbursement
Adjustment for:
Depreciation and amortization
Gain on foreign exchange
Interest income
Other income
Operating income before working capital changes
(Increase) Decrease in:
Accounts Receivable
4
Accounts Receivable - Others
5
Pre-payments & other assets
6
Increase (Decrease) in:
Accounts payable
Other current liabilitites
9
Cash generated from operations
Interest expense
Income taxes paid
Net cash provided by (used in) operating activities
2008
2008
2007
7,390,640.03
1,008,245.72
168,457.59
44,356.83
10,224.42
168,691.75
7,782,370.62
154,764.87
6,500.13
34,122.68
1,203,633.40
(25,897.07)
135,034.02
32,590.39
1,296,967.82
95,271.57
27,759.83
(135,166.50)
(324,914.65)
7,464,016.81
(9,000.00)
7,455,016.81
206,891.86
(1,735,188.27)
1,095,336.21
(37,832.88)
(11,942.93)
1,045,560.40
FUND BALANCES, BEGINNING
Add: Net excess of receipts (deficit) over disbursements
1,750,071.47
7,545,870.92
750,978.75
999,092.72
TOTAL FUND BALANCES, END
See accompanying Notes to Financial Statements.
9,295,942.39
1,750,071.47
VENTURE FOR FUND RAISING FOUNDATION, INC.
3)
CASH AND CASH EQUIVALENTS
(A Non-stock, Nonprofit Organization)
2008
NOTES
FINANCIAL
CashTO
on hand
and in banks STATEMENTS
8,553,931.18
Short-term Investments
TOTAL
392,156.86
8,946,088.04
2007
1,606,334.22
1,606,334.22
Cash in banks earn interest at the respective deposit rates. Excluded from Cash in
CORPORATE INFORMATION
Bank is the amount of P27,552.57, more or less, representing interest earned from
funds sourced from unused David & Lucile Packard Foundation account pending
completion of the project for which it was provided for. As of year end, the Foundation
VENTURE
FOR a FUND
RAISING from
FOUNDATION,
is a nonis still securing
written communication
the source vis a visINC.
the preferred
stock, disposition
non-profit
organization
of aforesaid
interest.registered with the Securities and Exchange
1.
CASH FLOW FROM INVESTING ACTIVITIES
Acquisition of property and equipment
7
Net cash provided by (used in)investing activities
(115,262.99)
(115,262.99)
(73,121.87)
(73,121.87)
NET INCREASE IN CASH AND CASH EQUIVALENTS
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR
7,339,753.82
1,606,334.22
972,438.51
633,895.71
CASH AND CASH EQUIVALENTS AT END OF YEAR
8,946,088.04
1,606,334.22
Commission (“SEC”) on February 19, 1999. It seeks to foster and promote,
Short-term
investments
to Euro and
Time by
Deposits
made for
varying
periods ofand
up to
by using
the medium
of refers
education
providing
focus,
direction
60 to
days
depending
on the immediate
requirements
of theofFoundation
earn
impetus
- studies,
scientific
research,cash
analysis,
publication
findings and
on fund
interest at the respective short-term investment rates.
raising and philanthropic concerns. It also seeks to link and work with other
national, regional or international organizations devoted to the same goal.
4)
18
2007
ACCOUNTS RECEIVABLE
Accounts Receivable
Less: Allowance for bad debts
2008
811,629.86
322,947.44
488,682.42
2007
462,785.35
462,785.35
Under the amended terms of Article VIII of its registration with the SEC, the
Foundation is required to observe the following Expense to Donation/Grant
Ratio:
“That the level of administrative expenses shall not exceed thirty
(30%) percent of the total donations received and of total
expenses for the taxable year.”
The Foundation is a registered tax-exempt donee institution with the Bureau
of Internal Revenue (BIR) in accordance with the provisions of Revenue
Regulations No. 13-98 dated January 1, 1999. As such, the Foundation is
entitled to the benefits under Section 34 (H) (1) or (2); and Exemption from
Donor’s Tax Pursuant to Section 101 (A) (3) of the National Internal Revenue
Code of 1997, subject to the representations and commitments set forth in
its application for accreditation filed with the Philippine Council for NGO
Certification (PCNC), the provisions of applicable rules and regulations of
the Bureau of Internal Revenue and the terms and conditions set forth on the
reverse side thereof.
The present principal office address of the Foundation is located at Unit 2801
Jollibee Plaza, F. Ortigas Jr. Road, Ortigas Center, Pasig City. It had 10 and 8
employees as of December 31, 2008 and 2007, respectively.
The Financial Statements of the Foundation as of and for the years ended
December 31, 2008 and 2007 were authorized for issue by the Board of
Trustees on April 1, 2009.
2.
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
asis of Preparation
B
The financial statements of the Foundation have been prepared on a historical
cost basis and are presented in Philippine peso.
Statement of Compliance
The financial statements of the Foundation have been prepared in compliance
with accounting principles generally accepted in the Philippines, as set forth in
the applicable Statements of Financial Accounting Standards and Statements of
Financial Accounting Standards/International Accounting Standards effective
as of December 31, 2004. The Foundation qualifies as a non-publicly accountable
entity under Philippine Accounting Standards 101, Financial Reporting
Standards for Non-Publicly Accountable Entities, and accordingly, availed of the
option not to apply the new Philippine Financial Reporting Standards (PFRS)
that became effective for the annual periods beginning on or after January 1, 2005.
Cash and Cash Equivalents
Cash includes cash on hand and with banks. Cash equivalents are short-term,
highly liquid investments that are readily convertible to known amounts
of cash with original maturities of sixty days more or less from dates of
acquisition and that are subject to an insignificant risk of change in value.
Receivables
Receivables are stated at face value, after allowance for doubtful accounts, if
any. A provision for allowance is established when there is objective evidence
that the Company will not be able to collect all amounts due according to
terms of the receivables. The basis of the level of allowance is past collection
experience and other factors that affects the net realizable value of the receivable.
Property and equipment
Property & equipment are carried at cost less accumulated depreciation and any
impairment in value. The initial cost of property and equipment comprises its
19
purchase price, taxes and any directly attributable costs of bringing the asset to its
working condition and location for its intended use. Expenditures incurred after
the asset has been put into operations, such as repairs and maintenance costs, are
normally charged to operations in the period the costs are incurred. In situations
where it can be clearly demonstrated that the expenditures have resulted in an
increase in the future economic benefits expected to be obtained from the use of
an item beyond its originally assessed standard of performance, the expenditures
are capitalized as an additional cost of property and equipment.
Depreciation and amortization are calculated on a straight-line basis over the
estimated useful lives of the property and equipment as follows:
Books
Computer equipments
Furniture and fixtures
Training equipment
Office and other equipments
Software Licenses
Leasehold improvements
5 years
3-5 years
5 years
5 years
1-5 years
1-2 years
3-5 years whichever is shorter with the
life of the lease
The useful lives and depreciation/amortization method are reviewed at each
balance sheet date to ensure that the periods and method of depreciation and
amortization are consistent with the expected pattern of economic benefits
from items of property and equipment.
Impairment of assets
An assessment is made at balance sheet date to determine whether there is any
indication of impairment of property and equipment and other long-lived
assets, or whether there is any indicationthat an impairment loss previously
recognized for an asset in prior years may no longer exist or may have decreased.
20
If any such indication exists, the asset’s recoverable amount is estimated. An
asset’s recoverable amount is calculated as the higher of the asset’s value in use
or its net selling price.
An impairment loss is recognized only if the carrying amount of an asset exceeds
its recoverable amount. An impairment loss is charged to operations in the year
in which it arises. A previously recognized impairment loss is reversed only
if there has been a change in the estimates used to determine the recoverable
amount of an asset, however, not to an amount higher than the carrying amount
that would have been determined (net of any accumulated depreciation) had no
impairment loss been recognized for the asset in prior years. A reversal of an
impairment loss is credited to current operations.
Revenue Recognition
Revenue is recognized to the extent that it is probable that the economic
benefits will flow to the Foundation and the amount of revenue can be reliably
measured. The following specific recognition criteria must also be met before
revenue is recognized:
Grants and Donations
Project grants donations are recognized as revenue when actually received and
expenses are reported when incurred. However, grants and donations that are
subject to conditions/restrictions are preserved exclusively for the purpose/s for
which they were bestowed.
Other Income
Other income is derived from sale of books, registration fees on public training
courses and other consulting or training services for fees.
Every two years, the Foundation conducts an activity known as the Fund Raising
Congress where it generates other income from the sale of books and fees from
delegates and exhibitors. The 3rd Fund Raising Congress was held in Mandarin
Oriental Suites in Gateway Mall, Quezon City last September 3 and 4, 2008.
Interest Income
Revenue is recognized as the interest accrues taking into account the effective
yield on the asset.
Project Costs
Project costs include all direct and indirect costs related to the project and are
expensed as incurred.
Leases
Operating lease payments are recognized as an expense in the Statement of
Income based on terms of the agreement.
Income Taxes
Current income tax. Current income tax assets and liabilities for the current
and prior periods are measured at the amount expected to be recovered from
or paid to the taxation authorities. The tax rates and tax laws used to compute
the amount are those that are enacted or substantively enacted by the statement
of assets, liabilities and fund balances date.
Deferred income tax. Deferred income tax is provided using the liability method.
Deferred tax assets and liabilities are recognized for future tax consequences
attributable to temporary differences between the financial reporting bases of
assets and liabilities and their related tax bases; net operating loss carry-over
(NOLCO); and the carry forward benefit of the excess of minimum corporate
income tax (MCIT) over the regular income tax. Deferred tax assets and
liabilities are measured using the tax rates applicable to taxable income in the
years which those temporary differences are expected to be recovered or settled
and NOLCO & MCIT are expected to be applied. A valuation allowance is
provided for deferred tax assets when it is more likely than not some or all the
deferred tax assets will not be realized.
Provisions and contingencies
Provisions are recognized only when (a) the Foundation has a present
obligation (legal or constructive) as a result of past event, (b) it is probable
that an outflow of resources embodying economic benefits will be required to
settle the obligation and (c) a reliable estimate can be made of the amount of
the obligation. Where the Foundation expects a provision to be reimbursed,
the reimbursement is recognized as a separate asset but only when the
reimbursement is virtually certain. Provisions, if any, are reviewed at each
balance sheet date and adjusted to reflect the current best estimate.
Foreign Currency Transactions
The Foundation’s foreign-currency denominated transactions are converted to
Philippine pesos, which is the foundation’s functional currency, and recorded
in the books based on the exchange rates prevailing at the transaction dates.
All exchange gains or losses arising from foreign currency transactions and
translations are credited to or charged against current operations.
Use of Estimates
The preparation of financial statements in conformity with generally
accepted accounting principles requires the Foundation to make estimates
and assumptions that affect the reported amounts of the Foundation’s assets
andliabilities and disclosure of contingent assets and liabilities at the date of
the financial statements, and revenue and expenses during the period reported.
Actual results may vary from our estimates. The effect of any changes in estimates
is recorded in the Foundation’s financial statements when determinable.
21
2008
FUND BALANCES, BEGINNING
Add: Net excess of receipts (deficit) over disbursements
1,750,071.47
7,545,870.92
Subsequent Events After Balance Sheet Date
TOTAL FUND BALANCES, END
9,295,942.39
See accompanying
Notes
Financial
Statements.
Post
year transactions
thattoprovide
additional
information about the
2007
750,978.75
999,092.72
1,750,071.47
Foundation’s
position at the financial reporting date, if any, are reflected in the financial statements.
However, post year-end events that are not adjusting events are disclosed in the notes to
financial statements when material.
3)
2008
8,553,931.18
392,156.86
8,946,088.04
2007
1,606,334.22
1,606,334.22
Cash in banks earn interest at the respective deposit rates. Excluded from Cash in
Bank is the amount of P27,552.57, more or less, representing interest earned from
funds sourced from unused David & Lucile Packard Foundation account pending
completion of the project for which it was provided for. As of year end, the Foundation
is still securing a written communication from the source vis a vis the preferred
disposition of aforesaid interest.
Short-term investments refers to Euro Time Deposits made for varying periods of up to
60 days depending on the immediate cash requirements of the Foundation and earn
interest at the respective short-term investment rates.
4)
ACCOUNTS RECEIVABLE
Accounts Receivable
Less: Allowance for bad debts
22
Accounts Receivable-Others
Advances by Employees
Employees Loan Receivable
2008
20,778.27
3,032.75
17,825.55
41,636.57
2007
180,900.59
180,900.59
2008
12,909.49
138,313.56
12,090.54
163,313.59
2007
26,957.62
117,612.81
22,833.76
39,324.03
206,728.22
6) PREPAYMENTS AND OTHER ASSETS
CASH AND CASH EQUIVALENTS
Cash on hand and in banks
Short-term Investments
TOTAL
5) ACCOUNTS RECEIVABLE-OTHERS
2008
811,629.86
322,947.44
488,682.42
2007
462,785.35
462,785.35
Office supplies inventory
Prepaid rent
Other Pre-payments
VAT-input
TOTAL
Income Tax payments for the first three quarters of 2008 in the amount of P5,975.86, and
prior year's tax credit of P4,230.00 is included in other pre-payments account.
7) PROPERTY AND EQUIPMENT
Property and equipment are valued at cost and are summarized as
follows:
December 31,
This year 2008
December 31,
2007
Additions Disposals
2008
Computer equipment
657,584.01 76,080.29
733,664.30
Furniture and fixtures
603,440.55
299.11
603,739.66
Books
163,778.37
595.00
164,373.37
Training equipment
156,689.29
156,689.29
Office and other equipment
133,618.07
3,490.34
137,108.41
Software Licenses
31,798.25
31,798.25
Leasehold improvement
90,217.95
3,000.00
93,217.95
Total
1,805,328.24 115,262.99
1,920,591.23
Accumulated depreciation
1,543,458.70 168,457.59
1,711,916.29
Property and Equipment - Net
261,869.54
208,674.94
8)
12) OTHER INCOME
OTHER NON-CURRENT ASSETS
2008
Refundable deposits
Deferred Tax Assets:
Creditable Withholding Taxes
Excess MCIT
9)
2007
133,494.25
105,669.88
3,402.80
9,552.90
146,449.95
4,230.00
21,495.83
131,395.71
OTHER CURRENT LIABILITIES
2008
VAT payable
Medical Fund
Due to SSS, Philhealth and HDMF
Withholding tax payable
Other Payables
Total
42,051.58
24,528.74
57,066.89
111,414.83
212,066.39
447,128.43
Training and Consulting Fees
Public Training Fees
Book Sales
Other Fees
Total
Cost of Goods and Services
Gross Profit
Allowable Deductions
Net Other Income
2008
609,400.00
1,017,337.35
41,205.35
80,357.16
1,748,299.86
1,407,450.96
340,848.90
172,157.15
168,691.75
2007
324,548.12
203,455.35
42,085.71
570,089.18
456,788.79
113,300.39
79,177.74
34,122.65
2007
30,496.76
334,241.71
407,304.61
772,043.08
10) RESTRICTED FUNDS
This account represents various funds that are restricted for the Foundation's own
purposes, as follows:
2008
2007
TAF Fund
298,711.38
Retirement Fund
193,313.26 193,313.26
Total
193,313.26 492,024.64
11) GRANTS AND DONATIONS
The cost of goods and services consist of expenses directly related and incurred in the
conduct of services for fees. A percentage based on the ratio of Other Income to
total revenue was used to allocate allowable deductions. Applicable taxes for this
income are paid or accrued.
13) INCOME TAXES
The current provision for income tax in 2008 pertains to regular corporate income tax.
The computation is presented below:
A) Computation of Tax Under Statutory rate of 35%
Net Taxable Income
Multiplied by Income Tax Rate
Provision For Income Tax as of December 31, 2008
168,691.75
35%
59,042.11
B) Computation of Tax Under MCIT
Gross Taxable Income
Multiplied by MCIT Rate
Provision for Income Tax-MCIT
591,583.01
2%
11,831.66
Of the total grants received, P9,999,520.00 was sourced from the David & Lucile
Packard Foundation for their Project: Training and Technical Assistance to Increase
Fund Raising Skills of the Foundation's Grantee Partners in the Philippines, and
approximately P1,670,671.24 has been spent as of year end for the project.
23
C) INCOME TAX PAYABLE
Provision for Income Tax-Regular
Less:
Tax Credits/Payments
Prior Year's Excess Credits
Tax Payments for the First Three Quarters
Creditable Tax Withheld
Excess MCIT
Total
Income Tax Payable
15) GENERAL AND ADMINISTRATIVE EXPENSES
59,042.11
4,230.00
5,975.86
3,402.80
9,552.90
23,161.56
35,880.55
14) PROJECT COSTS
The Foundation receives donations and contributions from funding institutions
and allot them to specific Foundation Projects and Activities.
2008
2007
Training program
5,530,426.14 4,808,027.18
Salaries, allowances and bonuses
2,843,473.44 3,131,854.55
Rental
366,071.65
348,637.97
Communication, light and water
364,907.55
329,649.98
Professional fee
152,277.75
189,212.03
Foreign exchange loss
181,575.04
Office supplies
146,885.62
175,278.90
Depreciation and amortization
127,511.69
119,143.40
SSS, HDMF and Philhealth contribution
103,576.49
114,735.38
Membership fees and dues
93,369.30
95,754.36
Advertising and promos
89,750.71
76,727.64
Employees welfare
108,677.14
70,214.11
Transportation and travel
44,661.55
42,145.90
Repairs and maintenance
35,253.11
33,563.83
Representation
4,711.93
13,284.84
Marketing expense
33,449.88
Insurance
1,374.25
8,979.77
Miscellaneous expense
2,206.00
3,491.45
Staff development and training
66,751.70
1,500.00
Cost of Goods and Services
(1,407,450.96)
(456,788.79)
Total
24
8,707,884.94
9,286,987.54
Salaries, allowances and bonuses
Office rental
Communication, Postage & Courier
Light & Water
Audit and legal fee
Bad debts
Office supplies
Depreciation and amortization
SSS, HDMF and Philhealth contribution
Membership dues and fees
Employees welfare
Taxes and licenses
Miscellaneous
Staff development and training
Christmas expense
Repairs and maintenance
Representation
Transportation and travel
Insurance
Bank charges
Allocated Expenses for Services for Fees
Total
2008
927,485.32
122,023.91
49,921.90
42,912.21
80,500.01
405,258.15
47,637.23
40,945.90
34,525.51
27,716.60
63,133.42
26,614.96
7,855.66
10,200.00
16,020.50
15,345.70
24,070.54
11,549.49
9,934.34
948.68
(172,157.15)
1,792,442.88
2007
962,772.80
116,212.66
103,653.21
67,000.04
54,248.73
51,663.91
35,621.47
35,510.32
28,466.59
24,295.37
23,861.90
16,025.92
14,660.00
14,074.35
11,187.95
11,014.27
9,544.83
3,140.50
600.00
(79,177.74)
1,504,377.08
16) FUND BALANCES
The fund balance for 2008 includes the net fund balance of P8,328,848.76
that will be used for the completion of the David & Lucille Packard
Foundation Project.
A B OU T VE N T UR E
Dedicated to assisting people and organizations
raise and give resources to fulfill their missions.
A
decade ago, non-profit organizations began to feel the brunt of reduced
foreign funding as grant-giving organizations began channeling their
resources to other countries. Recognizing this challenge, a group of development
professionals came together to discuss effective means of addressing the issue.
This collaboration led to the establishment of Venture for Fund Raising in
March 1999. This group of dedicated visionaries dared to dream of a future
where non-profits have diverse funding sources, are more professionally-run,
and have a critical mass of committed donors and volunteers.
T
he founding board members of Venture are themselves experienced
fund raisers: Jaime Faustino, currently with The Asia Foundation,
whose expertise is in foundation grants; Mayan Quebral, who managed the
largest direct mail campaign in the Philippines for UNICEF; Marvee Bonoan,
Executive Director of the Asian Institute of Management-Scientific Research
Foundation, with extensive experience in capital campaigns; and John Silva, with
over 20 years of fund raising experience in organizations such as the Philippine
National Museum, Synergeia, the American Cancer Society, Greenpeace and
many other organizations in the Philippines and in the U.S.
A
part from training and consultation, Venture also established the
Fund Raising Congress in 2004, a biennial event that provides a venue
for fund raisers to share best practices and encourage mutual learning. The
Fund Raising Congress is also the home of The Kyra Awards, the pioneer in
celebrating outstanding programs and campaigns in non-profit fund raising.
V
enture for Fund Raising also aims to promote financial sustainability
through providing public information and research materials to nonprofit organizations. In light of this, it has established the J. Faustino Fund
Raising Library, which houses a specialized collection of fund raising resource
materials from different parts of the world. The library is located in the Venture
office and is open to the public. It is an excellent source of information on fund
raising for students and professionals alike.
V
enture for Fund Raising is an accredited donee institution by the
Philippine Council for NGO Certification and is a registered nonprofit with the Securities and Exchange Commission.
T
o date, Venture has assisted over 800 organizations in 24
countries across 5 continents. Its clients and partners advocate
a wide array of social development issues such as education,
environment, the arts, alternative law, healthcare, religion, human
rights, research, & many more. Venture regularly conducts its standard
public courses, organizes customized courses, and provides clientfocused consulting services that have recently expanded to involve
the implementation of specialized projects on behalf of its clients.
25
B OA R D M E M B E R S
JASEN T. KO
is the current Chairperson of Venture for Fund
Raising, and President of ActMedia Philippines and
Demopower Philippines. He sits on the board of five
other companies engaged in marketing and market
activation. Upon graduating from the Ateneo de Manila
University with a degree in Business Management,
Jasen worked as an Account Manager for Basic/FCB,
a Brand Manager for Unilever in the Philippines and
China, and as a Development Manager for Mergers
and Acquisitions at Danone Asia. In 1998 and 1999
he taught Brand Management at the Ateneo. He brings
in valuable expertise on business management and
marketing, and is actively involved in scholarship work.
JAIME M. FAUSTINO
is the Founding Chairperson of Venture for Fund
Raising. Jaime has worked as a development manager
for both for-profit and non-profit development
organizations. In the mid 90s, Jaime was the first
Executive Officer of the Asia Pacific Philanthropy
Consortium where he gained valuable experience in
charitable giving and fund raising in Asia. Currently,
Jaime manages an economic policy reform program for
The Asia Foundation.
NIGEL T. AVILA
is the Corporate Secretary of Venture for Fund Raising.
He is a Certified Public Accountant and a lawyer by
profession specializing in taxation and corporate law
with clients in the manufacturing, oil, construction
and service industry. He is currently the Country Tax
Manager for all Shell Companies in the Philippines. He
was previously connected with Chevron (Philippines),
Inc., Ernst and Young (Manila) and the Bureau of
Internal Revenue. He has 16 years experience in his
specialized field.
26
BAM A. AQUINO
is the Vice-Chairperson of Venture for Fund Raising.
He is a co-founder and President of Microventures,
Inc., a social business enterprise that services microfinancing organizations and their clients. He is also a
Board Member of Rags2Riches, another social enterprise
providing livelihood to underprivileged women. Bam
serves as President of TAYO (Ten Accomplished Youth
Organizations) Awards Foundation, an award-giving body
for youth groups. Previous to these, he was Chairman of
the National Youth Commission (NYC), the main youth
policy-making arm of the Philippine government. Bam
has hosted Breakfast and Yspeak, two youth-oriented TV
shows, and is currently the host of Start-Up, a show for
entrepreneurs on ANC.
MAYAN G. QUEBRAL
serves concurrent positions as Treasurer of the Board
and Executive Director of Venture for Fund Raising.
One of the founders of the organization, Mayan has
devoted her life’s work to the development sector in
the areas of program and fund raising. A pioneer in
fund raising and trained at The Fund Raising School
in Indiana, U.S.A., Mayan managed the largest nonprofit direct mail campaign in the Philippines with
over one million letters sent annually, raising more
than US$1.5 million in less than four years. Formerly
the Resource Development Officer of UNICEF in
the Philippines, she initiated the first survey on the
nature of gift-giving attitudes in the Philippines and
authored The Fund Raiser’s Guide to Fund Raising.
~
HON. LORENZO R. TANADA III
MARVEE C. BONOAN
is one of the Founders of Venture for Fund Raising
and is the Executive Director of the Asian Institute
of Management Scientific Research Foundation,
and also Executive Managing Director of AIM’s
Institutional Planning and Development. Trained at
Indiana University’s Fund Raising School, Marvee’s
areas of expertise are capital campaigns, endowment
campaigns, and corporate and foundation grants. She has
also served as a board member of the Philippine Council
of NGO Certification.
PACO S.A. SANDEJAS, PH.D.
is the Managing Partner of NarraVC. He also serves as
the Managing Director of BGN Ventures, a Philippinebased management and consulting company focused on
investing in high-technology ventures in the fields of
communications and computing. Paco is also an active
consultant in the Philippines working with the Philippine
Government and engineers to increase the economic
contribution of IT companies to national growth. He sits
on the board of EAZIX Corp (a subsidiary of Integrated
Microelectronics, Inc.), MIT-PESO, Inc., Digital
Philippines, and used to be part of the IT E-Commerce
Council (ITECC). He is a co-founder of the Brain
Gain Network and still acts a Vice-President of STACSan Francisco. Dr. Sandejas used to work at H&Q Asia
Pacific and Applied Materials.
holds office as Representative of the 4th District, Quezon
Province. Erin has authored and passed several bills in
the Philippine Congress and is a member of 24 different
Congress committees. A law graduate of the Manuel L.
Quezon University, Erin was a staunch activist during his
student days, and continues to be a defender of human
rights following in the footsteps of his grandfather, the
great nationalist Lorenzo Tañada, and his father, former
senator and congressman Wigberto Tañada. He is a
member of the Integrated Bar of the Philippines and the
Free Legal Assistance Group.
IDA T. GUZMAN
is currently the Operations Director of International
Family Food and Services Inc., where she is
responsible for the 58 company-owned Shakey’s Pizza
Restaurants. With over twenty years work experience
in marketing, merchandising management, franchising,
communications and operations, Ida shares her expertise
by adapting basic business principles into non-profit
management. A graduate of the University of the
Philippines, Ida has honed her management skills in the
areas of brand management, food service, convenience
retailing and retail operations in her previous work with
the 7-Eleven Group and Chevron, and her teaching skills
at the UP College of Mass Communication.
RIA R. TANJUATCO-TRILLO
is a newscaster and host for Studio 23, a subsidiary of
one of the Philippines’ largest television networks.
She appears nightly on the KBP Golden Dove Awardwinning program News Central and also hosts The
Filipino Channel’s (TFC) weekly news magazine show,
Balitang Australia. A seasoned TV host and writer, Ria’s
career in media includes stints with the country’s various
basketball leagues and sports programs.
27
TEAM MEMBER S
28
MAYAN G. QUEBRAL
Executive Director
PINKY N. MEDINA
Program Director
LOUIE R. BACLAGON
Program Director
JOWIE S. JAZMINES
Program Director
MARINOR B. NARZOLES
Operations Director
Mayan acts as the lead trainer
and consultant for Venture’s
projects, and develops proposals
and policies that will guide
practitioners and organizations
in the attainment of financial
sustainability. She is also
responsible for the day-to-day
management of the organization.
Mayan is passionate about
professionalizing fund raising
because she sees this as the lifeline
of non-profit organizations that
need to diversify their funding
sources in order to stay alive,
afloat and operational. She
travels extensively around the
Philippines, Asia and the rest of
the world teaching non-profit
organizations the principles and
success seeds of fund raising.
Pinky is responsible for
supervising consulting, training
and research programs, and
provides consulting expertise
on fund raising planning and
implementation.
She was
previously the External Affairs
Officer of Miriam College and
specializes in school-based
Endowment
and
Capital
Campaigns. She also set-up
and managed the school’s
fund raising office and served
as project coordinator for the
Miriam College Endowment
Fund Campaign.
Louie’s fund raising expertise
are direct marketing, individual
donor
acquisition,
and
relationship marketing. Before
joining Venture, he was the
Marketing Director of World
Vision where he raised PhP 270
million in less than five years,
PhP 230 million of which was
given to project funding over the
same period. He also increased
World Vision’s loyal donor base
from 4,000 to 15,000 while
reducing the donor cancellation
rate from 40% to less than 10%.
Jowie brings into the Venture for
Fundraising team her extensive
experience in implementing
various fundraising activities
such as direct mail and special
events. Prior to joining Venture
for Fundraising, she was a
member of the Private Sector
Fund Raising Team of the
United Nations Children’s Fund
(UNICEF), where she worked
for more than 11 years. Aside
from handling some of the regular
direct mail appeals, she also
handled UNICEF’s Emergency
Fund Raising Campaign where
she helped raise more than P40
million from 2004 to 2007, and
was instrumental in ensuring the
quick response of UNICEF in
times of calamities.
Marinor is responsible for
managing the finance, admin and
human resources of the group.
A Certified Public Accountant,
she has over twenty years of
experience
in
accounting,
taxation, audit, treasury and
credit and collection. Prior to
joining the team, she worked
as the Finance Director for the
group of companies holding
the master franchise of GNC
and OSIM retail chain of
stores in the Philippines, before
which she was a Comptroller
of the ABS-CBN Publishing,
Inc. Marinor graduated with a
degree in Accountancy from
the Polytechnic University of
the Philippines and has masteral
units in Business Administration
from De La Salle UniversityGraduate School.
ERIKA M. SALES
Program Manager
ZARAH V. ATANACIO
Program Associate
Erika helps in planning,
delivering
and
evaluating
consulting
and
training
programs. Erika has conducted
organizational assessments and
developed customized training
courses for Venture clients. A
national finalist to the 2006
Ten Outstanding Students of
the Philippines, Erika has been
involved with a variety of nonprofits such as the Women and
Gender Institute (WAGI) and
Friedrich-Ebert Stiftung (FES)
Philippines Office.
Zarah is responsible for research
support for consulting and
training services. Having worked
as an Account Executive for a
publishing company, she joined
Venture to pursue her passion
for development and work
with various non-profits. As an
advocate of young women and
children, Zarah enjoys getting
involved with innovate and
alternative projects for young
people.
REVELYN S. RELATADO
Human Resource and
Administrative Manager
Revelyn joined Venture for Fund
Raising as Human Resource and
Administrative Manager in March
2005. Her work experience covers
non-profit, profit and government
organizations. Prior to joining
Venture, she was with UNICEF
in the Philippines as a Private
Sector Fundraising Assistant,
then as Sales Coordinator for
Product Line & Marketing, for a
total of eight years. She also has
previous work experience in both
corporate and public sectors.
PAUL T. BAQUIRIN
Service Assistant
Paul joined Venture for Fund
Raising in July 2000. He
provides support to the program
staff in the areas of supplies
procurement, mail/courier needs
and office cleanliness. After
his studies at the University of
the East, Paul rendered general
service assistance to various
corporations.
29
PR O G R A M S & S E RVI CE S
Our expertise lies in experience based training, consulting, research and public information services
to help non-profit organizations gain financial sustainability.
TRAINING
CONSULTING
Fund raising is both art and science.
To meet the varying demands of different non-profits, we have developed client-focused services that may
be customized further to suit an organization’s size, scope, and fund raising priorities. These services may be
contracted as part of a financial sustainability package, or as separate modules. Organizations that require
more extensive fund raising assistance will benefit from the following consulting services:
Our year-round basic and short courses offer
organizations the opportunity to learn fund
raising skills through dynamic, highly interactive
workshops, lectures given by fund raising experts,
discussions with fellow fund raisers and non-profit
managers, and role-playing activities with actual
donors and philanthropists. Our training courses
include:
•
•
•
Basic Course on Fund Raising
Short Courses:
1) The Art of Asking
2) Special Events Fund Raising Workshop
3) The Manager’s Guide to Financial
Decision-Making
4) The Fund Raising Planning Workshop
5) Setting up Your NGO’s Business Venture
Customized Courses for Client-organizations
•
•
•
•
•
•
Board Assessment and Development
Organizational Assessment
Case Statement Formulation
Staff Orientations and Trainings
Fund Raising Capacity Assessments
Financial Assessments
•
•
•
•
•
•
Strategic Fund Raising Planning
Setting Up of Fund Raising Systems and Procedures
Communications and Business Planning Assistance
Donor Market Surveys
Grant Administration
Mentoring during Fund Raising Implementation
Discussing fund raising strategies
30
Identifying fund raising planning steps
RESEARCH AND PUBLIC INFORMATION
Venture for Fund Raising has pioneered research on the Asian fund raising
experience to give your non-profit useful information on which to base your
fund raising strategies. The findings are available through these user-friendly
publications:
•
•
•
•
•
•
•
Investing in Ourselves: Giving and Fund Raising in the Philippines
Investing in Ourselves: Giving and Fund Raising in Asia
Resource Mobilization: A Practical Guide for Research
and Community-based Organizations
The Fund Raiser’s Guide to Fund Raising
2001 Survey on Giving
2003 Survey on Giving: A Closer
Look at Giving in Metro Manila
The 1st Nationwide Survey on
Giving 2006
Other publications on fund raising,
civil society, and non-profit management
are available at the J. Faustino Fund
Raising Library located at the Venture
for Fund Raising office.
We also offer research services to fit the
requirements of your organization.
SCHEDULE OF PUBLIC
COURSES 2009
Date
Course
May 27 to 29 The Basic Course on Fund Raising #50
Dec 2 to 4
The Basic Course on Fund Raising #51
This three-day workshop teaches the essential principles
and strategies of professional fund raising through
lectures and interactive activities.
More information on
the public courses may be
found at
www.venture-asia.org
Practicing their fund raising pitch
31
829 Organizations
24 Countries
49 Basic Courses
3 Fund Raising Congresses
Venture is the first and only non-profit organization that serves the fund raising needs of
other non-profits in the Philippines and in other countries. Driven by its vision of spreading
the joy of giving, Venture has provided services in consulting, training, research and public
information to people and organizations across the globe.
32
A N NUA L R E P O RT T E A M
Mayan G. Quebral
Pinky N. Medina
Advisers
Chinie C. Canivel
Text
Erika M. Sales
Zarah V. Atanacio
Contributors
Francesca Tañada
Design
Brian Fontanilla
Diego Jose
Photography
Unit 2801 Jollibee Plaza Bldg.
Emerald Ave., Ortigas Center, Pasig City 1605, Philippines
Tel. +632 634-8889 to 90 • Fax +632 637-3545
Email: venture@venture-asia.org
www.venture-asia.org