Metro Infanta Foundation

By Mila Glodava

At a luncheon meeting on Feb. 15, Friends of Metro Infanta Foundation made plans to help the Foundation raise, by December 2010, the $200,000 (9.4 million pesos) we committed to help rebuild the Gabaldon school building destroyed by a typhoon back in the mid-70s. Joanne Horne, a regular Foundation supporter and member of the board, agreed to serve as chair for this event. The committee agreed not only to host various events to raise funds but also to bring awareness to our Gabaldon Project and, we hope, major donors as well.

Continue reading "Let's raise $200,000 for the Gabaldon" »

Posted on February 20, 2010

Metro Infanta Foundation
Financial Report
Fiscal Year July 1, 2008 to June 30, 2009

BALANCE FORWARD $63,294
REVENUES
Donations 28,217
Interest Income 50
Membership 200
TOTAL REVENUES $28,467

GRAND TOTAL $91,761

EXPENSES
Grants 43,758
Office Supplies 195
Information Technology 240
Conferences, conventions, meetings 880
Bank Charges: 249
TOTAL EXPENSES $45,322

DECLINE IN MARKET VALUE OF DONATED ASSETS $31,323

NET ASSETS $15,116

Audited by: Romeo Coronacion, C.P.A.
New York

Posted on November 07, 2009

Our thanks to Romy Coronacion for completing our IRS report for Fiscal Year 2007-2008.

As indicated below we received total revenues of $128,482 and spent a total $39,084. Balance forwarded from previous years was a total of $9,890. Please note that the bulk of the donations in 2007-2008 came from an anonymous gift of 12,000 shares of Marathon PGM CP which worth $75,991 at the time of receipt on July 15, 2007. At FY ending June 30, 2008, these donated securities have a market value of $39,997, or a loss in investment of $35,994, leaving an asset of $63,294.

Please note: All of the grants of $37,466 were donor-designated and therefore could only be used for the causes chosen by the donors. The bulk of the grants ($32,966) went to Socio Pastoral Institute, from mission appeal in the Archdiocese of Denver and from grants for projects supported by Metro Infanta Foundation. Other recipients of grants were the Discalced Carmelite, the Prelature of Infanta, St. Mark Parish, Alagad ni Maria, St. Joseph Formation House, and others.

Continue reading "IRS REPORT 2007-2008" »

Posted on December 01, 2008

Brgy. North Poblacion
3203 Dipaculao, Aurora
Philippines
April 11, 2008

Dear Sponsors,

Thank you very much for your continuous financial support in my education. It is a big help for me, especially to my parents and to all members of my family. Without your support I possibly would have to stop my studies because my parent’s salary is not sufficient to support my education and our daily needs.

At present I am finishing my third year, going to fourth year this coming June. I am now taking my summer class; we are the first batch of the new curriculum so it is required, because if we did not take it we will adjust one year, it was started last summer when I was second year.

I am hoping for your continuous support for my education and other students like me. Your Foundation serves as my inspiration for me. God Bless you always and may the shower of blessings be poured upon you and to your family.

Thank you and More Power to your Foundation!

Respectfully Yours,
_________________________
JUDITH ESTHER Y. PADUA
Student

Posted on May 08, 2008

By Mila Glodava

In the spirit of Christmas and of thanksgiving, a number of the Metro Infanta Foundation scholars have sent thank you notes, cards, letters and even photos to their respective sponsors.

Rolando Eresmas, who graduated with a BS degree in secondary education from Mt. Carmel College of Casiguran, writes, "I would like to express my unending thanks for giving me this great opprtunity in life, in giving me scholarship."

Jessa Hertez, 4th year student at Mt. Carmel High School of Burdeos, not only thanked her sponsors, John and Joni Sanderson, but also promised to pray them. "I will always pray for you so that the Lord may givfe you both stength, good health and happiness."

Sharmaine Eranista was proud to inform her sponsors, Romy and Julie Coronacion, that she's an honor student at the Mt. Carmel School of Infanta. Sharmaine's mother, Mrs. Agnes Eranista, also wrote a thank you note to the Coronacions for their support of Sharmain.

Fenela Jane Ecleo, a 14-year old 2nd year student at St. Patrick's Academy in Dingalan wrote her sponsors, the St. Thomas More youth, that she wants to become a 'well-known athlete." And she's on her way to realizing her dream, by earning a gold medal for the long-jump event at their district and division meet in 2006 and a silver medal in 2006. She also wants to be a cartoonist or a cartographer and wants to go places to pursue her dreams. "Someday, I want to go to Tokyo, Japan, to meet a producer of well-known cartoon movies."

Sponsors were equally touched by the letters their scholars sent them. Colleen Smith, our newly elected member of the board, has supported Paymard Huerto since first year at Mt. Carmel High School in Burdeos, wrote back to us after receiving the thank you note from Maynard. "That card from "my" student really made my Christmas spirit soar! how dear! and he's so artistic."

Please check the "Scholars" category on the left of the homepage or click here to see our growing MIF scholars list.

Posted on December 28, 2007

By Mila Glodava

The current Board of Trustees voted to approve the new slate of officers and trustees to serve on the MIF Board of Directors for the years 2008-2010, as follows:

President: Mila Glodava
Secretary: Dolly Banzon
Treasurer: Amelia Ashmann, M.D.

Trustees
Apolinar Derilo
Salvacion Derilo
Melecia Garcia
Kirsten Glodava
Joanne Horne
Colleen Smith

Auditor: Romeo Coronacion

As you can see, this writer will remain as president and two regular MIF supporters, Dolly Banzon and Amelia Ashmann have agreed to serve as secretary and treasurer respectively.

In addition, three new board members came from the MIF donors' list -- Kirsten Glodava, Joanne Horne and Colleen Smith -- all from Colorado. This will ensure regular communications and meetings among board members and officers.

"I'm honored to be asked to join your board," said Colleen Smith, who has been, not only a regular supporter of Metro Infanta Foundation, but helpful in developing the MIF logo and its description. "I look forward to working with you again."

In addition, we were able to convince current board members from Infanta -- Pol and Sally Derilo and Melecia Garcia -- to continue serving on the board and representing the interest of Metro Infanta. Also, as he has done in the past 12 years, Romy Coronacion will continue to serve as auditor.

The new board will bring new vitality and new ideas for the Foundation to carry out its mission to address the needs of Metro Infanta. Certainly the last 12 years have been very productive, thanks to all of you! Thank you for all your support. But -- we can do more, with your help!

In an earlier correspondence, current chair, Pol Derilo wrote:
"Sally and I wish to express our appreciation for all the MIF accomplishments. Through your dedicated stewardship as well as those who keep the foundation alive, no other foreign organization was able to link Infanta with her families on a worldwide basis. MIF was able to reach almost everyone in many ways over the years. It is still going strong amidst the weary, active among the bystanders and faithful even among the skeptics.

Although Pol and Sally initially wanted to relinquish their positions, we were able to talk them into staying on the board to carry out and oversee our mission more effectively during their temporary stay in Infanta.

"It was a privilege to be with the Board of this Foundation and proud of its services to Infanta and others," said Pol.

We wish to thank the previous board members for their service to Metro Infanta Foundation. Without their help, the Foundation could not have accomplished much. We hope, though, that they will continue to support our mission to address the needs of our beloved town and beyond.

Please join us in thanking the following:

Treasurer: Emilie Gurango, M.D.
Secretary: Sally Derilo

Trustees
Thelma Telan Coralde
Marilyn Bunag Ibanez
Carolina Rutaquio Nido
Mita Recio Pasia, MD
Divinia Azcarraga Tingzon
Amor Penaverde Santiago
Frederick Villamayor

Posted on December 27, 2007