Sociedad Española de Beneficencia (SEB) is duly registered with the Securities and Exchange Commission as a non-profit, non-stock private charitable institution. Organized in 1948, the SEC approved on July 24, 1998 SEB’s new registration to exist for another fifty years from February 2, 1998, the expiration date of its initial term. . It is a grant-making organization. Its main office is located at 18-A Chatham House, 116 Valero cor V.A. Rufino Sts., Ayala Avenue, Makati City. The foundation has a regular staff of 3, part-time and 9 members of the Board of Trustees.
It was certified for five years on September 26, 2002 which ended on September 25, 2007. The organization renewed its certification on May 07, 2009 with another five-year certification which ended on May 06, 2014.
Its purposes, among others, are “to uplift the quality of life of indigent senior Filipino-Spanish citizen residents of the Philippines”. The Foundation’s programs now focus on the following areas: Giving financial help, medical and hospital expenses, shelter and burial support to Spanish and Filipino senior citizens. This is in partnership with Siervas de Jesus nuns. When SEB was organized fifty-two years ago, its main purpose was to uplift the lives of indigent Spanish senior residents of the Philippines. Today, it assists Spanish mestizos, their widows or widowers, who are poor and without relatives to care for them. It provides them a home, the Hogar de San Joaquin, as well as health care, financial assistance, and subsidies for medical, hospital and burial expenses
Its sources of revenue come from donations and investments. The Foundation received a total of Php4.39M and Php5.31M for the last 2 years respectively. The organization has an approved budget of Php11.34M for the year 2015.
