The SGV Foundation, Inc. was registered with the SEC as a non-stock, non-profit corporation on April 30, 1966 by a group of incorporators, Washington Sycip, Alfredo Velayo, Cesar Virata, Benjamin Abela, & Erlinda Villanueva, who were interested to develop social consciousness among the company’s partners and to show their concern for the country & the community. It is a grant-making/giving institution with its main office located at 9/F, SGV I Building, 6760 Ayala Avenue, Makati City. The foundation has nine (9) volunteer personnel who are all regular staff of SGV with fifteen (15) members of the Board of Trustees.
Its purposes, among others, are “to help the country through developing its human resource”. The Foundation’s programs now focus on the following areas: Education, Institutional Development, and Social Development. Its projects include: scholarships & grants, improvement of basic & public education programs, awards for entrepreneurship, and other collaborations.
It was certified for three (3) years on Feb. 21, 2000 which ended on February 20, 2003. On September 6, 2010, the Foundation renewed its certification and was granted a five (5) year certification which ended last July 27, 2015.
Total donations received was Php49,714,974.00 for 2014 and Php25,200,337.00 for 2013. Its sources of income include corporate and individual donations, grants, & investments . They have an approved budget of P21.2 million for the year 2015.