U.P. Business Research Foundation, Inc.

The UP Business Research Foundation (UPBRF) was registered with the SEC as a non-stock, non-profit corporation on November 29, 1971 by six founders including former Prime Minister Cesar E. A. Virata and Dean Jaime C. Laya, who were interested in undertaking, promoting, developing and enhancing research in the business and management operations of industry, agriculture, commercial, governmental and other sectors. It is a funding/grant-making foundation located at UP Campus, Diliman, Quezon City. The foundation has two regular staff and seven part-time staff, and nine members of the Board of Trustees. It was certified for 3 years on April 4, 2005 which ended on April 3, 2008. Its purposes, among others, are to finance projects and programs dedicated to the pursuit of new learning, investigation and/or experiment in the management sciences leading to a better understanding of industry and other sectors of the Philippine economy. Its sources of income include interest income from endowment funds, donations, gains from stock investments, and rental income from the land properties of UPBRF in Pasig and Cebu.