Foundations

PMAAA Development Foundation, Inc.

(PDFI)

The PMAAA Development Foundation, Inc. (PDFI), another affiliate of PMAAAI, was organized in 1982 principally to assist alumni in becoming more gainfully employed or in engaging in lucrative business enterprises.

Regular members of the PMAAAI in good standing who are members of PDFI can avail of the following PDFI loan assistance programs, at interest rates computed on diminishing balance:

• Entrepreneurial or Investment Loan Assistance

For additional capital for existing or new business or for equity requirement of a loan from a lending institution to support a project, PDFI extends loan of P100,000.00 for first availment and renewal loans not exceeding P300,000.00 at an interest rate of 12% to 15% per annum depending on the amount and term of the loan payable in one to three years.

2. Educational Loan Assistance

For support of graduate studies, PDFI gives a loan for tuition fees and other school expenses, in amounts not exceeding P50,000.00 per school year, at 10% interest per annum, payable in two (2) years starting upon completion or termination of studies.

3. Consumer Loan Assistance

To help members purchase needed consumer items such as computers, laptops, notebooks, Ipads, other electronic gadgets, motorcycles, bicycles, and home appliances. The loan ceiling is P100,000.00 at 12% interest per annum payable up to two (2) years.

4. All-Purpose and Emergency Loan Assistance

For tuition fees of children and other emergency needs in the family, PDFI extends a loan not exceeding P20,000.00 payable in three (3) to twelve (12) months at 10% interest per annum.

The PDFI also offers scholarship grants in college to bright children of its regular members, with potential as future national leaders. The scholars must have and maintain a general weighted average (GWA) grade of at least 1.75 or equivalent with no grade lower than 2.25 or equivalent, provided that grades in PE and NSTP, which must at least be passing, are not included in the computation.

The scholars are given a stipend of P45,000.00 per school year or P22,500.00 per semester. The scholarship grants are funded from the yearly earnings of the Scholarship Fund, otherwise known as the Enduring Gifts Fund, endowed by generous individuals with a donation of P200,000.00 to P300,000.00. The PDFI supports 11 scholars in school year 2015-16.

Philippine Military Academy Foundation, Inc.

(PMAFI)

The Philippine Military Academy Foundation, Inc. (PMAFI) was organized and registered with the SEC in 1988 with the purpose to contribute to scholastic progress and national development. Specifically, the PMAFI was established to help the PMA improve the quality of its instruction in search of academic excellence. To attain its purpose, the Foundation is engaged in the following activities:

1. Establish research grants and professorial chairs;

2. Give scholarship grants to deserving PMA faculty members;

3. Sponsor seminars, symposia and training programs; and

4. Assist in strengthening the library, laboratory and other PMA facilities.

The Foundation has been supporting the Faculty Improvement Program (FIP) of the PMA whereby selected faculty members are allowed to study in the evening in any of the colleges and universities in Baguio to pursue masters and doctorate degree programs and undergraduate studies in computer science, engineering and law. Grantees are given funds for actual tuition fee and other school expenses plus book allowance of P3,000.00 per semester/term.

They are also given allowance for thesis and dissertation writing at P15,000.00 and P20,000.00, respectively. Section 22k CA1 scholars of the AFP who are projected as PMA instructors are also given a supplemental stipend of P10,000.00 per semester/ term plus book allowance of P3,000.00

The PMAFI has supported professorial chair grants and research projects, donated computers and other training equipment and books to the Academy. It has also supported financially the conduct of seminars for the faculty and the improvement of classrooms. The PMAFI fund support to PMA is about P5 million yearly.

The Foundation’s activities are being supported thru the contributions of members, donations of friends of the Academy, endowment funds from professorial chair donors, and fund-raising campaigns.

The PMAFI, as a foundation, was registered with the BIR as a tax-exempt donee institution in accordance with BIR-NEDA Regulations No. 1-81 and is entitled to the benefits set forth in Section 30(E) of the National Internal Revenue Code of 1997, as amended.

The PMAAA Educational Foundation, Inc.

(PETFI)

The PMAAA Educational Foundation, Inc. (PETFI), an affiliate of the PMAAAI, was organized under the laws of the Philippines and registered with SEC in 1976 with the main purpose to raise and administer funds for the education of dependents of members of the PMAAAI.

The PETFI’s ongoing educational assistance program covers elementary, high school and college education but, due to limited funds, is presently limited to dependents of deceased and disabled regular members of the PMAAAI. Dependents include minor unmarried children as well as younger brothers and sister of unmarried members. To spread the benefit, a maximum of two dependents per family may be extended PETFI scholarship at any time. These limitations may, however, be relaxed in the future as additional funds will allow.

Presently, the amount of financial assistance being given to PETFI scholars per year are: P30,000.00 for college, P20,000.00 for high school, and P18,000.00 for the elementary. To maintain their scholarship, grantees are required to take normal academic load and to pass each and every subject. For each scholar, PETFI spends P378,000.00 from elementary to college.

A special scholarship is offered to PETFI scholars in college based on their scholastic performance, which is supported by the yearly income of a special scholarship fund of P300,000.00 endowed by benefactors. A special scholar is given a yearly stipend of P33,000.00 if his general weighted average (GWA) grade in the preceding school year is 85% and above; P36,000.00 if GWA is 90% and above; and P40,000.00 if GWA is 95% and above.

For current SY 2015-16, PETFI supports 75 scholars: 46 in college, 17 in high school and 12 in the elementary. For the past 29 years, PETFI has supported 519 dependents of deceased and disabled alumni in their education, 282 of whom have graduated from college.

The PETFI’s very laudable program is made possible by the contributions of members, donations of friends, special scholarship endowments, and fund-raising drives. The PETFI, as a foundation, was registered with the BIR as a tax-exempt donee institution, and therefore any donation to it is fully tax deductible by the donor.

Dependents of deceased/disabled alumni who wish to avail of PETFI’s educational financial support may send their application to the PETFI office.

PMAAA Foundation for Truth & Justice, Inc. (PFTJI)

The PMAAA Foundation for Truth and Justice, Inc. (PFTJI) was organized in 2004 to support the objectives of the PMAAAI in providing legal assistance and services to deserving regular members of the PMAAAI who are facing criminal, civil and/or administrative charges before any courts, administrative bodies or any other tribunals for acts done in connection with or arising from the lawful performance of official duty, or who are victims of injustice, by providing them funds, material aid of any kind, technical assistance, organizational support and other suitable forms of assistance.

Among the cases not covered in the financial assistance are violations of the Articles of War, Anti-Graft and Corrupt Practices Act, Dangerous Drugs Act, Anti-Plunder Act, Coup D’Etat and other crimes involving moral turpitude.

This legal assistance program was started in the 90’s by the PMAAAI which established a Special Fund for Truth and Justice (SFTJ) to help regular members who are charged in court for offenses allegedly committed in the performance of their duties.

The PMAAAI spun off this program in 2004 by organizing the PFTJI as a separate foundation, to avail of tax exemption privileges as a tax-exempt donee institution, and transferred to the Foundation its special fund of more than P4 million.

The PFTJI gives a financial assistance of P30,000.00, which has recently been increased to P50,000.00, to any PMAAAI regular member, who must be a member of the Foundation, charged in court to help finance his legal defense.