Ernesto “Asay” Yu Foundation, Inc. is a non-stock, non-profit Corporate Foundation established by the Yu family in honor of their late father Mr. Ernesto “Asay” Yu, whose sympathy to the poor and commitment to help the underprivileged became the inspiration of his children and the working corporate values of the businesses he founded.
The Foundation became the social development arm of Mr. Yu Group of Companies, which is in charge of delivering programs and services that are both relevant and beneficial to the MYGC’s stakeholders, to the communities where its businesses operate and to other areas that need assistance. In November 2009, the Foundation launched its flagship program, The Ernesto “Asay” Yu Foundation Scholarship, to provide free education opportunities to the less fortunate.
