Team Energy Foundation, Inc.

The Team Energy Foundation, Inc. (formerly Mirant Philippines Foundation, Inc.) was registered with the SEC as a non-stock, non-profit organization on August 1, 2000. The initial collaboration of the foundation was to involve itself in the Philippines? development initiatives by partnering with the government in projects as the Department of Energy?s O-Ilaw rural electrification, education and environment programs. It is an operating corporate foundation. Its main office is located at 7F CTC Bldg., 2232 Roxas Boulevard, Pasay City. The foundation has a regular staff of five (5), and six (6) project-based staff, ten (10) members of the Board of Trustees. It was certified for five years on May 12, 2003 which ended on May 11, 2008. Its purposes, among others, are to effectively and efficiently manage the corporation?s corporate social responsibility through its various programs and projects. The foundation?s programs now focus on the following areas: a.) Electrification; b.) Environment; c.) Education; d.) Special Progrmas/Partnership. Its sources of income include donations from Team Energy Corporation.