AY Foundation explained

AY Foundation
Status:Charity Foundation (Not For Profit)
Purpose:Charity And Welfare
Headquarters:Philippines

AY Foundation (AY) is a charity foundation based in Philippines, that was established with the aim of Welfare for the Society. The foundation is focused in Child Development, Woman Empowerment, Old-Age Home & Also Provides Relief during Pandemic all across the Philippines.

History

The AY Foundation, Inc. (AYF) was founded in 1970 by Alfonso Yuchengco as the Bayanihan Foundation to administer an educational fund for the children of Grepalife employees and sales associates. It was renamed A Wise Foundation in 1983. The foundation was renamed AY Foundation, Inc in 1988.[1]

Vision and mission

The AY Foundation formulates its vision as follows:[2]

A focused professional foundation that will make an impact on moral values development and science and technology education in Philippine society.

The AY Foundation has given itself the following mission:[2]

To contribute to the improvement of the quality of life of the Filipino – especially the poor and the disadvantaged – particularly in the formation of moral values and in the education of our youth, and advancement of the public well-being through improved healthcare services.

Goals and activities

The foundation formulates as its goal to "provide educational assistance to financially needy but deserving Filipino youth, especially members of the indigenous groups, center-based street children, and dependents of employees of the YGC companies".

It has several social development programs that focus mainly on education, health and nutrition. They relate to:

Scholarship

The foundation awards scholarship grants to street children, to indigent children, and to dependents of YGC employees.[3]

Medical Mission

AYF has performed more than 11,000 surgical procedures and more than 62,000 medical consults in various parts of the Philippines.[4]

National Discipline Award

In 1990, AYF established the National Discipline Award, which aims to give recognition to graduating high school students who consistently exemplify the virtue of discipline in school and in the community.[5]

Blessed Teresa of Calcutta Award

The Blessed Teresa of Calcutta Award, known up to 2003 as the Mother Teresa Award, was launched in 1983. The award recognizes individuals who dedicate most of their lives to helping the "poor of the poor".[6]

Awardees have been:[7] [8]

Funding

As a corporate foundation, AYF is funded, at least in part, by donations from the businesses of the Yuchengco Group of Companies.[15]

External links

Notes and References

  1. Web site: History. AY Foundation. 2017-07-02.
  2. Web site: Vision and mission. AY Foundation. 2017-07-02.
  3. Web site: Scholarship. AY Foundation. 2017-07-02.
  4. Web site: Medical mission. AY Foundation. 2017-07-02.
  5. Web site: National discipline awards. AY Foundation. 2017-07-02.
  6. News: AY Foundation evolves, expands. Philippine Daily Inquirer. PressReader. 2016-04-17. 2017-07-02.
  7. Web site: Blessed Teresa of Calcutta Award. AY Foundation. 2017-07-02. https://web.archive.org/web/20180502063223/http://www.ayfoundation.com.ph/blessed-theresa-award. 2018-05-02. dead.
  8. Web site: Teacher & Advocate Receives Mother Teresa Award. Catholic News Agency (CNA). 2003-10-20. 2017-07-02.
  9. Web site: Lay woman is unpaid, volunteer catechist for life. ucanews.com. 1995-05-23. 2017-07-02.
  10. Web site: Maruxa Pita: Angel Maruxa. The Philippine Star. 2012-02-16. 2017-07-02.
  11. Web site: JPI Quality Time with the Kids of Chosen Children Village. Fujitsu Engineering Technologies Philippines, Inc. 2016. 2017-07-02.
  12. Web site: Indigenous peoples' rights advocate wins 2015 Blessed Teresa of Calcutta Award. The Philippine Star. 2015-11-16. 2017-07-02.
  13. Web site: Saint Teresa of Calcutta Awards – Open Nominations! A tribute to 30 years of Saintly Selflessness. thelifeandtimesofrichvalor.wordpress.com. 2017-07-02.
  14. Web site: Siedlungen für Menschen ohne Dach und ohne Rechte. Steyler Mission. 2011-08-22. 2017-07-02. German.
  15. Web site: NGO Details. Philippine Council for NGO Certification (PCNC). 2017-07-02.