Metrobank releases P30M worth of grants to social development partners

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    The virtual turnover ceremony was led by Metrobank and MBFI chairman Arthur Ty, Metrobank president and MBFI trustee Fabian Dee and MBFI president and GTFI executive director Aniceto Sobrepeña and key officers and representatives from beneficiary organizations.

    Metropolitan Banking Corp. has recently released P30 million worth of grants to social development partners during its annual giving-back tradition, “Anniversary Grants Turnover Ceremony.” The company is celebrating its 58th year.

    The event was held virtually and attended by key officers and representatives from beneficiary organizations. Serving as Guest of Honor was Department of Education (DepEd) secretary Leonor Magtolis-Briones.

    The donation is added to the previous P220 million donation of the company which funded and supported efforts to combat the pandemic.

    “The theme of this year’s event is collaboration. In these unusual times, our actions may be physically limited but through strategic partnerships, we can still achieve our objectives by working together,” said Metrobank and MBFI chairman Arthur Ty.

    This year’s batch of beneficiary organizations received financial aid to implement their programs on health, education, arts, livelihood, and nutrition, coursed through its social arm, Metrobank Foundation, Inc. (MBFI) and Ty family’s GT Foundation, Inc. (GTFI),.

    MBFI, as a member of the League of Corporate Foundation, will support  #LCFWinS: Lingap Eskwela sa Pandemya Program, in constructing facilities in public schools nationwide for WASH (water, sanitation and hygiene) in compliance to the ‘Guidelines on the Required Health Standards in Basic Education Offices and Schools’ (DepEdOrder No. 014 s. 2020). Hygiene kits and supplies will also be provided. The donation will benefit almost 29 thousand students from 20 schools various cities.

    MBFI renewed its 7-year partnership with the Yellow Boat of Hope Foundation to provide physical access to education for schoolchildren in hard-to-reach areas, and make in-kind donation of printers, copiers and risograph machines to aid teachers in the reproduction of modules and learning materials. The donation shall benefit more than 20 thousand students from 39 schools in the provinces across the country.

    A donation of printers, copiers and risograph machines will go directly to select Department of Education public schools to benefit more than 23 thousand students from Metro Manila and the provinces.

    MBFI extended cash assistance to 200 visual artists whose main source of living was impacted by the crisis through MADE CARES (Metrobank Art &Design Excellence–Community Aid and Relief for Emergency Situations.

    The company also renewed International Care Ministries (ICM), a non-profit organization, which provides help, hope and change to impoverished families in Visayas and Mindanao. 100 thousand ultra-poor Filipinos are assisted each year. The donation will support their Transform and Prevail programs aimed at training and mentoring families living in ultra-poor communities.

    From its previous donation to support the ‘Kindness Kitchen’ program of Ronald McDonald’s House Charities of the Philippines (RMHC) serving hot meals to 40 thousand individuals from NCR last April 2020, MBFI will fund additional feeding activities targeting families and frontliners from the cities of Cebu, Mandaue, and Lapu Lapu, and Davao province, other than NCR.

    GTFI, the family foundation of the late Dr. George Ty Siao Kian, supports quality education and since 2009, philanthropic initiatives of the family are realized through GTFI’s strategic development programs in the areas of health, education, and technology and innovation.

    It provides scholarships for Technical-Vocational Education Program (STEP) for out-of-school youth and underprivileged students.

    The virtual event served as an opportunity to renew the partnership with Dualtech Training Center (150 scholars), Don Bosco Technical Institute (135 scholars), and Punlaan School (24 scholars).

    Manila Doctors Hospital (MDH) serves as the healthcare affiliate of MBFI offering social services to indigent patients through non-discriminatory inpatient and outpatient services and surgical operations.

    To complement the national government’s groundwork for a blended learning approach for the school year, GTFI launched Project PERFORM (Provision of Equipment to Reinforce Facility of Online and Remote Modality of Learning), aiming to give laptops and tablets to more than 600 qualified students from public and techvoc schools, as well as GTFI and MBFI scholars.

    Metrobank is the country’s premier universal bank and has one of the largest domestic networks with over 950 branches and over 2,300 automated teller machines (ATMs) nationwide, and over 30 foreign branches, subsidiaries and representative offices.

     

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