Romy Coronacion, who has served Metro Infanta Foundation as auditor since 1996, reports that the IRS has accepted the Fiscal Year 2023-2023 tax return, showing $65,287 in total revenues, $51,627 in grants, and $5,659 in administrative expenses, leaving a net asset of $28,197. The report also show that the Foundation has distributed grants to the Socio Pastoral Institute, the Prelature of Infanta, Discalced Carmelite Sisters, and other organizations in the Philippines and South America.
It lists Fr. Francis Lucas, Chairman of the Board, Amelia Ashmann, Secretary-Treasurer, and Milagros Glodava, President. It also lists major donors who donated a total of $51,786–E.M. Weckbaugh Foundation, Archdiocese of Denver, Angelica Garcia, Mark & Milagros Glodava, and Johnson and Johnson. Supplemental information include 1) Form 990 is reviewed and approved by the governing body befire filing; 2) officers are required to disc conflict of interest if any; and 3) governing documents and organization’s activities are continuo posted on the website. See below for details.
