Board approves several resolutions
By Mila Glodava
The Board of Trustees has approved over the phone, by mail and email, several resolutions of inportance to Metro Infanta Foundation and its mission to address the needs of the towns in Metro Infanta and beyong.
1) Resolution to open a stock account. This resolution was prompted by a potential major donor's desire to donate has some stocks to Metro Infanta Foundation for distribution to various causes in the Philippines, including the Gabaldon Restoration Fund, Socio Pastoral Institute, Carmelite Spirituality Center in Bacolod and a local Roman Catholic Church in Hinoba-an on negros Island.
2) Gabaldon Restoration Fund: In view of the fact that the Gabaldon Restoration Fund is benefiting from the above donation, we have asked the board to launch this capital campaign to raise at least $100,000 to make this dream come true. Use of this fund is, of course, subject to the findings on the legal ownership of the land on which the Gabaldon is built, and the counterpart funding from the local, provincial and national governments.
3) Term of Office: We asked the members of the board to signify in writing whether they wish to remain on the board or not. If the latter, we asked them to nominate someone who will really want to serve on the board and keeping in mind the following qualifications:
a. Will make a commitment to promote the mission of Metro Infanta Foundation
b. Will make time for meetings, whether at a specific location or by email or phone conference.
c. Will make a commitment to support the Foundation financially
d. Will contribute ideas to keep the Foundation’s mission alive.
e. Will recruit other supporters of the Foundation.
In the meantime, the Metro Infanta Foundation wishes to thank the current Board of Trustees for their support over the years. To date, the Foundation has distributed more than $350,000 in grants to various causes, most of which were donor-designated. In addition, Metro Infanta Foundation has facilitated nearly $250,000 in grants from various funding agencies that send funds directly to the charitable causes in the Philippines, especially the Prelature of Infanta, Socio Pastoral Institute and the Discalced Carmelite Friars.
A strong Board of Trustees will enable us to continue this valuable service to Metro Infanta and beyond. If you know of any kababayan who will be interested in serving on the board please let us know at editor@infanta.org. We will need all the basic information about them -- name, address, phone numbers, email address, and statement of commitment to serve on the board -- so we can contact them and received their approval to include in the nomination for approval by the current board.