HISTORY
During the first half of the decade of the 1990’s, the business community was being swept by a tide of corporate soul-searching for more meaningful contribution to society, particularly to the less privileged/financially challenged sectors. From this recognition of corporate social responsibility (CSR) emerged values in the conduct of business and corporate policies directed towards a more communitarian/humane outlook.
For companies like the Philippine Stock Exchange, Inc. (PSE), whose activities remarkably influence the nation’s social and economic progress, the practice of CSR is even more paramount. The call for the Exchange’s social awareness has all the more been heightened by the realization that efforts to fulfill social commitment constitute an immeasurable contribution to national development.
In 1995, the PSE initial action to the challenge of becoming a socially responsible corporation was its participation in various socio-oriented activities. The year saw a period of social action and community services for the Exchange. It became an active member of the Philippine Business for Social Progress (PBSP) and supported PBSP programs aimed at helping the Filipino community.
But the social responsibility of a company should manifest itself not only in occasional donations and impersonal charity work, but more significantly, in a fundamental dedication to sustain programs geared to benefit the society. Thus, true to its thrusts to pursue its CSR mandate, PSE formed the PSE Foundation, Inc. (PSEFI) on November 10, 1995. By virtue of BIR rulings in 1995, 2002 and 2003, the Foundation was declared a non-stock, non-profit donee institution. Since then, the PSEFI acted as the CSR arm of the PSE, helping and providing livelihood and education to the less privileged members of the society. Its membership in the League of Corporate Foundations, Inc. in April 1997 further re-enforced its commitment to be of social service to the community.
It was duly accredited by the Philippine Council for Non-Government Organization Certification (PCNC) on April 25, 2003 as a qualified tax-exempt done institution in accordance with the provisions of Revenue Regulation No. 13-98, wherein donations received shall entitle the donor to full or limited deduction and exemption from the donor’s tax of the National Internal Revenue Code of 1997, subject to the representations and commitments set forth in the application for accreditation filed with the PCNC.
VISION / MISSION / GOAL
Vision
We are a partner in the creation of an environment that enables the development of the capital market in building a stable economy.
Mission
To contribute to the development of the equities market by educating the investing market and to contribute to the improvement of the social and humane standards of living for all
Goal
Our goal is to contribute funds necessary to support:
Programs and activities in partnership with organizations aimed towards the development of a reliable domestic stock investor base, such as:
a) Production / Distribution of reference materials on Investing in the stock market
b) Training of and support to trainers/ teachers of investing in the stock market.
c) Development of stock investor discussion / mentoring groups / cells/ clubs
d) Conduct of outreach programs / awareness programs on investing in the stock market.
e) Support to institutions and associations related to the capital market industry
f) Build up physical facilities / Center for Public Information and Assistance (PIAC)
Programs and activities of non-stock, non-profit organizations and NGOs listed under Sections 30 (E) and (G) and 34 (H) of the Tax Code and activities as allowed in the by-laws of PSEFI, such as:
a) Religious purposes
b) Charitable Purposes- Others
c) Charitable-Disaster Assistance
d) Youth Development
e) Social welfare
f) Education
g) Health
2011 OFFICERS & BOARD OF TRUSTEES
| NAME |
POSITION |
| HANS B. SICAT Philippine Stock Exchange, Inc. |
Chairman |
| FEDERICO G. GALANG Philippine Commercial Capital, Inc. |
Vice Chairman |
| HARRY G. LIU Summit Securities |
President |
| ERLASTER C. SOTTO Banco De Oro Capital |
Corporate Secretary |
| EMMANUEL EDWARD CO Aurora Securities, Inc. |
Treasurer |
| ALEJANDRO T. YU R.S. LIM & Company |
Trustee |
| EDWIN L. UY Triton Securities, Inc. |
Trustee |
| ELPHEGE WONG Bernad Securities, Inc. |
Trustee |
| TRINIDAD Y. KALAW First Orient Securities, Inc. |
Trustee |
| MARIETTA U. TAN Philippine Stock Exchange, Inc. |
Foundation Officer |
|
CORAZON A. PADUA |
Consultant |
CONTACT DETAILS
6/F PSE Tower
5th Avenue corner 28th Street
Bonifacio Global City, Taguig City,
Philippines 1634
Marietta U. Tan
Foundation Officer
Tel. No.: (02) 688-7560
E-mail Address: mutan@pse.com.ph
Corazon A. Padua
Consultant
Tel. No.: (02) 688-7655
E-mail address: capadua@pse.com.ph