DOCSLIB.ORG

Philippine Business for Social Progress Victor E

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Philippine Business for Social Progress Victor E The Synergos Institute Voluntary Sector Financing Program Case Studies of Foundation-Building in Africa, Asia and Latin America Philippine Business for Social Progress Victor E. Tan and Maurino P. Bolante 1997 The preparation of this series of case studies No part of this publication may be reproduced was made possible by support from the Ford or transmitted in any form or by any means Foundation, the Aspen Institute, the C.S. Mott without the permission of The Synergos Insti- Foundation and the Compton Foundation. tute. Voluntary Sector Financing Program Case Studies: • The Foundation for the Philippine Environment • The Esquel Ecuador Foundation (Fundación Esquel-Ecuador) • Child Relief and You - CRY (India) • Foundation for Higher Education (Colombia) (Fundación para la Educación Superior - FES) • Philippine Business for Social Progress • The Puerto Rico Community Foundation • The Mexican Foundation for Rural Development • The Kagiso Trust (South Africa) Cross-Case Analyses: • Formation and Governance • Organizational Financing and Resource Generation • Program Priorities and Operations 2 Contents Synopsis 1 Sources 38 Preface 2 Charts Genesis and Origins 5 1: PBSP Strategies and Program The Birth of the Foundation 5 Directions 16 Membership Growth Through the Years 7 Tables Governance 9 1: Revenue Sources of PBSP Charting PBSP’s Direction, Vision, (1971-1976) 29 and Mission 9 2: Grants vs. Financial Advances Governance Structure 10 (in Millions) 31 Organizational Dynamics 12 3: Capital Fund 31 Governance and the National Political 4: Interest Income vs.Membership Situation 15 Contributions 31 Program Operation and Evolution 16 Annexes Program Priorities and Evolving 1: PBSP Organizational Structure: Strategies: The First 20 Years 16 Board and Committees 39 Current Programs and Strategies 2: Special Programs for the 1990s 40 (1991 - present) 21 3: Examples of PBSP Project Impact 43 Grant Mechanisms and Procedures 22 4: PBSP Financial Data: 1987- 1990; Program Impact 24 1991-1993 45 The Foundation’s Workforce 26 Financing PBSP 28 Funding Sources 28 Fundraising Methods 28 Financial Management 33 Conclusion 35 Lessons Learned And Challenges 35 Philippine Business for Social Progress Glossary of Acronyms ARM Area Resource Management ASA Association for Social Action BCC Basic Christian Community CCC Center for Corporate Citizenship COOP-SEAP Cooperatives-Self- Employment Assistance Program EDF Economic Development Foundation EXCOM Executive Committee (of PBSP Board) LRM Local Resource Management NGO Nongovernmental organization PDAP Philippine Development Assistance Program SMEC Small and Medium Enterprise Committee SGV SyCip, Gorres, and Velayo (consulting firm) USAID United States Agency for International Development Synopsis Governance Origins PBSP is governed by a 21-member board of The Philippine Business for Social Progress trustees which is elected annually from among (PBSP) was established in 1970 by leaders the representatives of member corporations from 50 Philippine corporations who were today numbering over 170. The board mem- looking for a response to the worsening politi- bers tend to be CEOs with excellent connec- cal and social situation in their country. At the tions to both government and the private sec- time, the business community was regarded tor. PBSP also has created a set of regional as one of the causes of the lopsided distribu- board committees and regional offices. tion of wealth. The business leaders’ primary motivation was fear and their goal self-preser- The staff of about 279 is headed by an execu- vation. They aimed to engage business in tive director with over 18 years service in the efforts to alleviate poverty and build self- organization. The organization recruits pro- reliance among disadvantaged communities gram officers with both a good academic throughout the country. background and experience in social develop- ment. More recently, business, management and education skills are also looked for. Financing PBSP's primary financing comes from its member corporations. All members commit Programs one percent of pre-tax net income to social PBSP provides financial support in the form of development. Initially three-fifths of this was loans and grants to community-based organi- administered by PBSP, with the remainder zations and NGOs generating activities. Loans being used by each member for its own social are typically given for income-generating programs. In 1989, given difficulty in collecting activities. PBSP also directly provides training the full three-fifths of one percent, the amount services and technical assistance to nonprofit passed to PBSP was reduced to one-fifth organizations. of one percent. To request funding, local organizations devel- Another change in financing over time has op proposals with the assistance of PBSP been undertaking co-financing programs with program officers in the regional offices. Deci- other donors. One of the organization's sions on funding are made by regional or founders, Bienvenido Tan says "...as programs board committees. If PBSP cannot fund a pro- became bigger, and the peso could buy less, ject, it suggests other funding sources and, in we had to swallow our pride and accept co- some such cases, PBSP acts as an endorser financing funds. There was also a realization of the project. that the problems... were too big...for us to just Among the criteria that PBSP uses in select- rely on corporate contributions." ing projects to fund are the potential for the PBSP also has a $3 million capital fund built project to be self-sustaining after PBSP's sup- up with contributions from corporations, foun- port ends and the leverage (in the form of dations, international donors and individuals. other support) the project gains. PBSP 1 Philippine Business for Social Progress expects the proponents and beneficiary com- of these organizations have adopted legal munity to provide support, which may be identities as foundations or trusts, others are manpower, services, use of facilities or cash. registered as nongovernmental organizations. Preface In general, they differ in many ways from their northern counterparts . For example, they are Background more likely to mix program operation with In Africa, Asia and Latin America, citizen par- grantmaking. Many of them act as convenors ticipation through a range of civil society orga- of civil society groups, as bridging institutions nizations has become a growing and vital to other sectors of society or as technical force. Civil society organizations have brought assistance and training providers. significant material and human resources from To distinguish this type of southern founda- the community level to bear on poverty prob- tion-like organization from northern founda- lems through donations of time, energy, mate- tions we can use a term such as "community rials and money. development foundation" or "southern foun- Locally managed and controlled organizations dation" or use a new term. One new term that provide direct financial support to other which has been organizations within their societies have been proposed is "civil society resource organiza- established over the last decade in many tion" or CSRO. This term refers to organiza- southern countries. A few were established tions which combine financial assistance to twenty or thirty years ago. These organiza- community-based organizations and NGOs tions are injecting critical financial as well as with other forms of support for organizations technical resources into local civil society and or the civil society sector as a whole. In this mobilizing resources from a wide variety of series of papers we will use the terms "foun- sources both domestic and international for dation" this purpose. and "civil society resource organization" interchangeably. Few of them were created with a single large endowment, as was the case with most This expanding universe of foundations/civil northern private foundations. Most of them society resource organizations around the rely on world has not been systematically studied. As a wide range of strategies to mobilize finan- one of the first steps towards developing an cial resources including earned income, con- understanding of this sector, Synergos tributions from individuals and corporations responded to a request from a group of and grants from international organizations. southern foundations. In April 1993, a group Some managed donor-designated or donor- of foundations from a dozen southern coun- advised funds following the US community tries met with northern foundations and offi- foundation experience. cial foreign aid agencies to discuss the emerging role of foundations in strengthening General consensus over terminology has not civil society in Africa, Asia and Latin America. yet been reached; these new types of organi- A major outcome of the discussion was a zations are usually referred to as "founda- decision to learn more about how these orga- tions" or nizations are created, how they develop and "foundation-like organizations." Though many evolve, and how they sustain themselves as 2 philanthropic entities. The group decided on were coordinated by the Synergos research case studies and analysis as the most fruitful team, which then provided the funding to a approach. The Synergos Institute, which cross-case analysis team for the preparation works with local partners to establish and of three analytical papers. The two teams pre- strengthen foundations and other financing pared condensed versions of the case
Load more

Recommended publications
  • PIS April 7, 2014
    METRO PACIFIC INVESTMENTS CORPORATION April 15, 2014 SECURITIES & EXCHANGE COMMISSION Corporate Governance & Finance Department S.E.C. Building, EDSA Mandaluyong City PHILIPPINE STOCK EXCHANGE Disclosure Department 3/F PSE Plaza Ayala Triangle Ayala Avenue, Makati City Attention: DIR. JUSTINA F. CALLANGAN Corporate Governance & Finance Department MS. JANET ENCARNACION Head, Disclosure Department In accordance with the requirements of the Exchange, we are submitting through EDGE, a copy of SEC Form 20 – Preliminary Information Statement, as filed with the Securities and Exchange Commission, in respect of the Annual General Meeting of the Stockholders of Metro Pacific Investments Corporation scheduled on May 30, 2014. Very truly yours, MELODY M. DEL ROSARIO Vice President PR and Corporate Communications METRO PACIFIC INVESTMENTS CORPORATION NOTICE OF ANNUAL MEETING OF STOCKHOLDERS Please be advised that the Annual Meeting of the stockholders of METRO PACIFIC INVESTMENTS CORPORATION will be held on Friday, 30th day of May 2014, at the Ground Floor, Rigodon Ballroom, Manila Peninsula Hotel, Ayala Avenue corner Makati Avenue, Makati City 1226 Philippines for the following purposes: 1. To consider and adopt the Audited Financial Statements for the year ended 31st December 2013 contained in the Annual Report 2. To ratify all acts of the Board of Directors and Management for the year 2013 3. To elect the Directors and Independent Directors of the Company for the ensuing year 4. To appoint the external auditor of the Company for the year 2013 5. To transact such other business as may properly come before the meeting and at any adjournment thereof. The Board of Directors has fixed the close of business on the 30th day of April 2014, as the record date for the determination of stockholders entitled to notice of and to vote at the Annual Stockholders’ Meeting.
    [Show full text]
  • Minutes of the Annual Stockholders' Meeting
    MINUTES OF THE ANNUAL STOCKHOLDERS’ MEETING HELD ON APRIL 24, 2018 AT THE GRAND BALLROOM UPPER LOBBY, CENTURY PARK HOTEL 599 PABLO OCAMPO SR., MALATE MANILA DIRECTORS/STOCKHOLDERS PRESENT Please refer to “Annex A” I. CALL TO ORDER The meeting commenced with the singing of the National Anthem, and thereafter the delivery of the invocation by EVP Bernardo H. Tocmo. SVP Norman Martin C. Reyes acted as the Master of Ceremonies. Vice Chairman Felix Enrico R. Alfiler, who acted as Chairman of the meeting, then welcomed the stockholders and called the meeting to order at 8:15 a.m. Corporate Secretary Maila Katrina Y. Ilarde recorded the minutes of the proceedings. II. SECRETARY’S PROOF OF NOTICE AND QUORUM The Chairman requested the Corporate Secretary to show proof that the required notice of the meeting was duly sent to all the stockholders. In response, the Corporate Secretary said that in accordance with the requirements of the Securities Regulation Code, the New Disclosure Rules of the Securities and Exchange Commission, and SEC Memorandum Circular No. 19, series of 2016, written notice of the meeting was sent to all shareholders of record as of record date, March 26, 2018, at least 28 days prior to the date of the meeting. She added that in accordance with Section 4.4, Article IV of the Bank’s Amended By-Laws, the notice was likewise published daily for one week from April 8 to 14, 2018 in the Philippine Star, Business World, and Manila Bulletin. Supporting certifications were then submitted for the record. The Chairman thereafter requested the Corporate Secretary to certify the existence of a quorum.
    [Show full text]
  • 10 January 2018 the PHILIPPINE STOCK EXCHANGE, INC. 3F
    10 January 2018 THE PHILIPPINE STOCK EXCHANGE, INC. 3F Philippine Stock Exchange Plaza Ayala Triangle, Ayala Avenue Makati City Attention: Mr. Jose Valeriano B. Zuño III OIC – Head, Disclosure Department PHILIPPINE DEALING & EXCHANGE CORP. 37F Tower 1, The Enterprise Tower 6766, Ayala Ave. cor. Paseo de Roxas Makati City Attention: Ms. Vina Vanessa S. Salonga Head – Issuer Compliance and Disclosure Department (ICDD) Dear Mr. Zuño and Ms. Salonga: Please find attached list of Top 100 Stockholders of East West Banking Corporation (EW) as of December 31, 2017. Thank you. Sincerely, Vincent A. Villanueva Finance Officer Stock Transfer Service Inc. Page No. 1 EAST WEST BANKING CORPORATION List of Top 100 Stockholders As of 12/31/2017 Rank Sth. No. Name Citizenship Holdings Rank ------------------------------------------------------------------------------------------------------------------------ 1 0000000001 FILINVEST DEVELOPMENT CORPORATION Filipino 600,090,678 40.01% 2 0000000002 FILINVEST DEVELOPMENT CORPORATION FOREX Filipino 394,941,030 26.33% 3 0000000014 PCD NOMINEE CORPORATION (FILIPINO Filipino 239,913,390 15.99% 4 0063181677 FDC FOREX CORPORATION Filipino 162,780,346 10.85% 5 0000000015 PCD NOMINEE CORPORATION (NON-FILIPINO) Foreign 99,136,244 06.61% 6 0000000030 ALFONSO S. TEH Filipino 500,000 00.03% 7 0063181692 TEAM GLADIOLA, INC. Filipino 497,287 00.03% 8 0000000049 PHILIPPINE AIR FORCE EDUCATIONAL FUND, INC. Filipino 390,000 00.03% 9 0000000042 WASHINGTON SYCIP American 322,000 00.02% 10 0000000038 GERARDO SUSMERANO Filipino 320,000 00.02% 11 0000000098 MANUEL A. SANTIAGO &/OR ELLA C. SANTIAGO Filipino 220,400 00.01% 12 0000000097 MIRIAM CHENG BONA ITF MARK JERICHO C. BONA Filipino 100,000 00.01% 13 0000000094 JOSHUA CHENG Filipino 100,000 00.01% 14 0000000046 QUIRINO CHEONG GOTAUCO Filipino 87,732 00.01% 15 0000000040 IVY B.
    [Show full text]
  • Diagnostic Study of Accounting and Auditing Practices in the Philippines
    Diagnostic Study of Accounting and Auditing Practices The Philippines ii © Asian Development Bank 2002 All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted, in any form or by any means, without the prior permission in writing of the Asian Development Bank. This publication was prepared by consultants and staff of the Asian Development Bank. The findings, interpretations, and recommendations are those of the authors and do not necessarily reflect the policies or views of the Asian Development Bank, its Board of Directors, or the governments they represent. The Asian Development Bank does not guarantee the accuracy of the data included in this publication and accepts no responsibility for any consequences for their use. iii Preface his report describes Philippine accounting and auditing arrange- Tments, identifies deficiencies in those arrangements, and presents recommendations to address the deficiencies. It is part of the Asian Development Bank (ADB) series of country Diagnostic Studies of Accounting and Auditing (DSAAs). In 2000, DSAAs were completed and published for Cambodia, Mongolia, Pakistan, Papua New Guinea, People’s Republic of China, Uzbekistan and Viet Nam. In 2001- 2002, DSAAs were prepared for Azerbaijan, Fiji Islands, Marshall Islands, Philippines and Sri Lanka. The report was prepared for ADB by Barry Reid (Consultant) with overall guidance from R. Narasimham (Senior Portfolio Management Specialist, ADB), under Regional Technical Assistance 5765 — Banking, Capital Market and International Competitiveness Reforms in Response to the Currency Turmoil. Maria Rita Castillo provided strong research assistance; Aileen Aguilar and Yvonne Osonia provided excellent administrative support. The draft report was discussed and debated with representatives from government, the private sector, and international organizations at a workshop held at ADB Headquarters in Manila on 12–13 March 2001.
    [Show full text]
  • FOR IMMEDIATE RELEASE October 29, 2014 Contact: Katherine E. Johnson (212) 875-5718; [email protected] NEW YORK PHILHARMONIC F
    FOR IMMEDIATE RELEASE October 29, 2014 Contact: Katherine E. Johnson (212) 875-5718; [email protected] NEW YORK PHILHARMONIC FORMS INTERNATIONAL ADVISORY BOARD TO SUPPORT GLOBAL ACADEMY AND WORLDWIDE ACTIVITIES The New York Philharmonic has established an International Advisory Board (IAB) to develop relationships beyond the United States in order to support the Philharmonic’s activities abroad, including regular Philharmonic residencies, educational and entrepreneurial projects, and the launch of the newly formed New York Philharmonic Global Academy. The International Advisory Board will serve as an international network of advocates and ambassadors who will connect with individuals and institutions in their home cities and countries to cultivate the Philharmonic’s long-term reach and influence worldwide. IAB members will work with the Philharmonic to secure engagements, activities, and funding sources in a variety of international locations. The 12-member International Advisory Board includes: Angela Chen, Co-Chair (U.S. and China) Christian A. Lange, Co-Chair (U.S. and Germany) Antonio Quintella, Co-Chair (U.S. and Brazil) Charles C.Y. Chen (Taiwan) Mitsuhiko Kawai (Japan) Federico R. Lopez (Philippines) Pedro Pullen Parente (Brazil) Washington SyCip (Philippines) Ming-Hsing (Richard) Tsai (Taiwan) Susanne Wamsler (Germany) Chaoyong Wang (China) Long Yu (Honorary Member, China) “The New York Philharmonic has a rich tradition of touring that has led to its acclaim both as a force for cultural diplomacy and as one of the world’s most brilliant orchestras,” said Philharmonic Chairman Gary W. Parr. “The Board of Directors is committed to creating an even deeper and more immersive presence in important cities around the world, which we could not do without the insight and counsel of the members of this remarkable group of international individuals.
    [Show full text]
  • 06 April 2018 the PHILIPPINE STOCK EXCHANGE, INC. 6F
    06 April 2018 THE PHILIPPINE STOCK EXCHANGE, INC. 6F Philippine Stock Exchange Tower 5th Avenue corner 28th Street Bonifacio Global City, Taguig City Attention: Mr. Jose Valeriano B. Zuño III OIC – Head, Disclosure Department PHILIPPINE DEALING & EXCHANGE CORP. 37F Tower 1, The Enterprise Tower 6766, Ayala Ave. cor. Paseo de Roxas Makati City Attention: Ms. Erika Grace C. Alulod Head – Issuer Compliance and Disclosure Department (ICDD) Dear Mr. Zuño and Ms. Alulod: Please find attached list of Top 100 Stockholders of East West Banking Corporation (EW) as of March 31, 2018. Thank you. Sincerely, Vincent A. Villanueva Finance Officer Stock Transfer Service Inc. Page No. 1 EAST WEST BANKING CORPORATION List of Top 100 Stockholders As of 03/31/2018 Rank Name Holdings Rank ------------------------------------------------------------------------------------------------------------------------ 1 FILINVEST DEVELOPMENT CORPORATION 600,090,678 40.01% 2 FILINVEST DEVELOPMENT CORPORATION FOREX 394,941,030 26.33% 3 PCD NOMINEE CORPORATION (FILIPINO 240,047,743 16.00% 4 FDC FOREX CORPORATION 162,780,346 10.85% 5 PCD NOMINEE CORPORATION (NON-FILIPINO) 99,045,065 06.60% 6 ALFONSO S. TEH 500,000 00.03% 7 TEAM GLADIOLA, INC. 497,287 00.03% 8 PHILIPPINE AIR FORCE EDUCATIONAL FUND, INC. 390,000 00.03% 9 WASHINGTON SYCIP 322,000 00.02% 10 GERARDO SUSMERANO 320,000 00.02% 11 MANUEL A. SANTIAGO &/OR ELLA C. SANTIAGO 220,400 00.01% 12 MIRIAM CHENG BONA ITF MARK JERICHO C. BONA 100,000 00.01% 13 JOSHUA CHENG 100,000 00.01% 14 QUIRINO CHEONG GOTAUCO 87,732 00.01% 15 IVY B. UY 75,000 00.01% 16 CATHERINE L TAN 60,000 00.00% 17 MIGUEL T TAN 60,000 00.00% 18 GURPREET SINGH GREWAL 40,500 00.00% 19 EDWIN U.
    [Show full text]
  • 1992 Annual Review (PDF)
    ROCKEFELLER BROTHERS FUND ANNUAL REPORT 1992 ROCKEFELLER BROTHERS FUND,INC. 1290 Avenue of the Americas New York, New York 10104-0233 212.373.4200 RBF ROCKEFELLER BROTHERS FUND, INC. 1290 Avenue of the Americas New York, New York 10104-0233 Telephone: 212.373.4200 Facsimile: 212.315.0996 TCN/Dialcom Electronic Mail: 141 :TCN300 Telex: 4900008630RBF Design: H Plus Incorporated Printing: Schneidereith & Sons PRINTED ON RECYCLED PAPER TABLE OF CONTENTS Chairman's Introduction 5 President's Report 7 The Rockefeller Brothers Fund 15 Asian Cultural Council 17 Pocantico Programs 19 Grant Program Guidelines 21 How to Apply for a Grant 26 Grants One World: Sustainable Resource Use 31 One World: World Security 45 Nonprofit Sector 61 Education - 71 New York City 79 Special Concerns: South Africa • 87 Ramon Magsaysay Awards 93 Financial Report 99 Trustees 107 Officers 108 Staff 108 Index 109 CHAIRMAN'S INTRODUCTION Ten years ago, in the report of the Rockefeller Brothers Fund's Planning Committee, the trustees reaffirmed the Fund's purpose as "to help realize the shared ideals of the Rockefeller family." Since I was the first member of my generation of the Rockefeller family to serve as a trustee of the Fund, I was particularly pleased that in June of 1992, when I was elected chairman of the Fund, my daughter Catharine Broderick was elected a trustee—the first member of her generation to join the board. The continuing involvement of family members from generation to generation is key to achieving that purpose. AbbyM. O'Neill Two other new trustees joined us in 1992: Jonathan Fanton, president of the New School for Social Research, and Jessica T.
    [Show full text]
  • UPSEAA DISTINGUISHED ALUMNI AWARDS RECIPIENTS of DISTINGUISHED ALUMNI CITATIONS – Graduated Before 1965
    UPSEAA DISTINGUISHED ALUMNI AWARDS RECIPIENTS OF DISTINGUISHED ALUMNI CITATIONS – Graduated before 1965 AMADO A. CASTRO (BSBA major in Economics, 1948) Dr. Amado A. Castro can be said to be the man who was present at the creation. He was the very first Dean of the UP School of Economics from its founding in 1965 to 1973, during which he built a faculty known as the strongest in Southeast Asia. He joined UP in 1948 as Instructor in Economics at the College of Business Administration (CBA) where he became Head of the Department of Economics in June 1956. He was Acting Dean of the CBA in 1958, and Director of the Institute of Economic Development and Research from 1958 to 1966. When he came back from the US after obtaining his Doctorate degree in Economics at Harvard University in 1954, he was the only faculty with a Ph.D. and was teaching all economics courses except public finance, although he eventually became known to many students for teaching economic history courses. He retired from the UP School of Economics in 1989 and became a Professorial lecturer at the University of Asia & the Pacific. With his remarkable pedagogical record of consistent excellence for 41 years at UP, he nurtured and inspired multiple generations of economics students. His work as a founding member and past president of the Philippine Economic Society in 1960, and as past President of the Pastoral Council of Sto. Cristo parish in San Juan, and on the board of San Martin de Porres Charity Hospital, exemplified his deep sense of caring and commitment to his students and fellowmen.
    [Show full text]
  • November 2011
    HONORARY MEMBERS PRESIDENT’S PAGE SYDNEY GOULBOURN Founding President Dear CanCham members and friends of CanCham: FIDEL V. RAMOS On behalf of the Board of Trustees I wish you, your families and your friends where-ever you may be best wishes for the year 2012. WASHINGTON SYCIP I would like to take this occasion to put on record and to thank our Executive ALFONSO T. YUCHENGCO Director and his staff in the CanCham Secretariats in Manila and in Cebu for their OUR MISSION dedication and hard work in ensuring CanCham has had an active program of events and services that responds to the interests and needs of our diverse and To represent, support and promote Canada-Philippines business interests growing membership. I would also like to thank the Trustees and Governors for their active participation in the governance of CanCham not only in terms of BOARD OF TRUSTEES oversight but also for providing leadership in activities and representational work CANADIAN CHAMBER OF COMMERCE OF THE PHILIPPINES JULIAN H. PAYNE we are engaged in throughout the year that call on their various experience and Unit 1406 Antel Corporate Center 121 Valero Street, Salcedo Village wide range of knowledge of the Philippines’ business environment. President Makati City 1200 Philippines The year 2011 has been a good one for CanCham in terms of membership with JULIAN H. PAYNE Phone: +(632) 843-6457 • +(632) 843-6466 • +(632) 843-6471 ROGER DIMMELL now already increased to more than 250 members as we enter the last month of President Fax: +(632) 843-6469 Email: [email protected] 1st Vice President 2011, including over 50 in our new Cebu Chapter which has just finished its first full year since establishment in November 2010.
    [Show full text]
  • CPA, 1966 American Institute of Certified Public Accountants
    University of Mississippi eGrove American Institute of Certified Public Accountants Newsletters (AICPA) Historical Collection 1966 CPA, 1966 American Institute of Certified Public Accountants Follow this and additional works at: https://egrove.olemiss.edu/aicpa_news Part of the Accounting Commons, and the Taxation Commons Recommended Citation American Institute of Certified Public Accountants, "CPA, 1966" (1966). Newsletters. 109. https://egrove.olemiss.edu/aicpa_news/109 This Book is brought to you for free and open access by the American Institute of Certified Public Accountants (AICPA) Historical Collection at eGrove. It has been accepted for inclusion in Newsletters by an authorized administrator of eGrove. For more information, please contact [email protected]. THE JANUARY 1966 The Institute Is the Institute’s policy-making-structure-ready for the future? A committee of examines itself three, together with a private consultant, has been charged by the executive com­ mittee to look into the question and report its findings to Council at the spring meeting. The members appointed to the committee are: James VanderLaan, chair­ man, Colorado; Walter J. Oliphant, Illinois; and Kenneth S. Axelson, New York. They will be working with Robert Greenleaf, a former American Telephone & Telegraph Co. executive who has conducted similar studies for the Ford Foundation, the Russell Sage Foundation, and other charitable and business organizations. First computer Computer research study no. 1 is now being distributed to all members in public program research practice. It contains the results of the AICPA/System Development Cor­ study is in the mail poration survey together with voluntary comments received from participants who returned their questionnaires.
    [Show full text]
  • 2 EVENTS and MEMBERSHIP Makati Business Club 2017 Annual Report CONTENTS
    2 EVENTS AND MEMBERSHIP Makati Business Club 2017 Annual Report CONTENTS Chairman’s Report 4 Events and Membership 7 Trade and Investment Promotion 17 Policy Advocacy 27 Projects and Partnerships 34 Board of Trustees and 46 Secretariat Financial Statements 50 Makati Business Club 2017 Annual Report EVENTS AND MEMBERSHIP 3 Chairman’s Report Fellow Members of the Makati Business Club, On behalf of the Board of Trustees and the Secretariat, I am pleased to present to you the Makati Business Club Annual Report for 2017. First, I would like to express my sincere appreciation to our members, partners, and stakeholders for your continued trust, engagement, and support. The Club’s accomplishments in 2017 would not have been possible without your participation and contribution to the work that we do. Working together to promote and advance the principles we continue to uphold - integrity, growth through cooperation, and accountability - is key in keeping the MBC vision alive. 2017 was both a special and critical year for MBC. We celebrated our 35th year anniversary with a series of special activities, while finding meaningful ways to engage the new Administration through constructive dialogues. And we did so particularly on relevant business issues, such as tax reform, national security, foreign policy, and business innovation, to name a few. In total, we hosted 4 special meetings, including the MBC 35th anniversary dinner; 3 general membership meetings; 6 joint membership meetings; and a number of topic-specific roundtable discussions with key government officials, including Vice President Leni Robredo, and foreign economic experts. We celebrated the Club’s 35th anniversary by embarking on a fundraising campaign that raised P13 million.
    [Show full text]
  • 2018 Conference Guide
    2018 Conference Guide PEOPLE, PASSION, PURPOSE: PATHWAYS TO SUCCESS THIRD BIENNIAL NATIONAL CONFERENCE INTERNATIONAL SOCIETY OF FILIPINOS IN FINANCE AND ACCOUNTING (ISFFA) Empowering Tomorrow’s Leaders Today. August 25, 2018 Summit Executive Centre, 10th Floor 205 N. Michigan Avenue Chicago, IL, 60601 Adelfia proudly supports the National Executive Board and Officers of ISFFA on its 3rd Biennial National Conference August 25, 2018 Chicago, Illinois Adelfia is a Filipino and women-owned firm. 400 E. Randolph St. Suite 700 Chicago, Illinois 60601 Tel: (312) 240-9500 www.adelfiacpas.com 1 Welcome Remarks from Chicago Chapter On behalf of the ISFFA Chicago Chapter, I would personally welcome each of you to the 3rd Biennial ISFFA National Conference. It is an exciting time for our organization and what ISFFA stands for. This conference has been held in San Francisco, Los Angeles, and now here in Chicago. We have filled this day with exciting insights, the most relevant topics, thought- provoking panels, and an opportunity to connect with successful people from all over the country who have the same goals. This year’s conference theme is “People, Passion, Purpose: Pathways to Success.” This year’s Keynote Speaker would be none other than J. Carlitos “Itos” G. Cruz, Chairman and Managing Partner from SyCip, Gorres, Velayo & Company. His experience and accomplishments precede him, including being inducted as President of the Association of Certified Public Accountings in Public Practice (ACPAPP) in 2017 and in 2018, he assumed the Presidency of the ACPAAP Foundation. Today is a about leadership, entrepreneurship, technology, and relevancy. It’s about adapting to the changes in our profession, while growing our brand and the opportunity that comes with it.
    [Show full text]