ICTSI Foundation - International Container Terminal Services Inc.

Accomplishment Report 2015

ICTSI Foundation, Inc.

Table of Contents

The Chairman’s Report

2

2015 Overview

5

Education

8

Sports Development

24

Community Welfare

31

Special Projects & Development Assistance

41

2015 Citations & Recognitions

44

ICTSI CSR Statement

45

ICTSI Foundation

47

Independent Auditors’ Report

48

Statements of Financial Position

49

Statements of Activities

49

Statements of Cash Flows

50

Notes to Consolidated Financial Statements

51

Board of Trustees & Management

55

1

The Chairman’s Report

W

e made strides in our corporate

Victoria International Container Terminal donated AU$150,000 to Albert Park College to fit out and resource a new Marine Research Center at the school's Environmental Arts Hub. The grant is part of VICT's Community Investment Fund, which was created to support initiatives that promote the health and education of young people in Port Philipp and Hobson's Bay.

social responsibility (CSR)

initiatives across the ICTSI Group

in 2015. Victoria International Container

Terminal Ltd. (VICT), while still pre-operating, has

implemented a Community Investment Fund for the benefit of the youth in our host community in Webb Dock East and the neighboring communities of VICT in the Port of Melbourne. In Georgia, Batumi International Container Terminal LLC (BICT) was among the first private companies to provide assistance when the country's capital Tbilisi was ravaged by flash floods after the Vere River overflowed in June. Both management and staff of BICT donated funds to

The ICTSI Employee Volunteerism Program was an offshoot of the 2015 Christmas Wish Tree Project. The program encourages employees to share their time, skills and resources with ICTSI's host communities by volunteering in any of the Foundation's projects.

relief and rehabilitation efforts. Meanwhile, Madagascar International Container Terminal Services Ltd. in the Port of Toamasina donated a three-classroom building for a primary school in nearby Analamboainio. These initiatives are just a few of what several ICTSI units did as a corporate citizen to our host communities, mirroring what our CSR unit, the ICTSI Foundation, Inc., has been implementing since 2010. In the implementation of their respective CSR programs, our overseas units were guided by what the Foundation has accomplished in the Group's home country, the Philippines. Steadily, subsidiaries have been replicating the Foundation's advocacies in education, sports and community welfare. Recent visits and scoping activities by the Foundation in select overseas terminals have dovetailed our CSR footprint across the Group. Your ICTSI Foundation has been very busy – true to our directive that we will help wherever we can.

2

Heavy rains in June caused the Vere River to overflow and flood the Georgian capital city of Tbilisi. In this photo, citizens are seen guiding a tranquilized hippopotamus after catastrophic floods caused animals from the zoo to escape. Batumi International Container Terminal was among the first private companies to respond to relief and rehabilitation efforts.

Princess Mary Superal secures the victory at the 17th Chief Minister's Cup in Kuching, Sarawak in November 2015. Over the past few years, Princess has made a name for herself with a string of wins across tournaments in Asia and the United States. The 19-yearold is part of the pool of talents being developed by ICTSI under its Amateur Golf Program.

Madagascar International Container Terminal, in partnership with the Wednesday Morning Group, financed the construction of three classrooms for the Analamboanio public school in Toamasina, Madagascar as part of its expanding corporate social responsibility initiatives. The new classrooms increase the school's student capacity by up to 180 children.

3

2015 Overview

The year 2015 was highlighted by the accreditation of the Foundation with the Philippine

T

We continued with our CSR efforts. As we sustained our assistance to our beneficiaries and

Council for NGO Certification as a donee

partner organizations, the Foundation, in like

institution, and the renewal of our registration as an

manner, encouraged employees to participate in a

auxiliary resource agency of the Department of

formalized staff volunteer program beginning in our

Social Welfare and Development. As the

flagship Manila International Container Terminal.

he ICTSI Foundation, Inc. continues to

serve and impact the lives of its beneficiaries

across ICTSI's host communities in the

Philippines by implementing projects in line

with its pillars: education, sports and

community welfare.

Foundation expands its reach locally and globally,

ICTSI employees have always been natural

we are strengthening our CSR projects to make a

volunteers, ready to help and assist in times of

fuller and meaningful impact to our communities.

calamities and when needed by the Foundation for

In 2015, the Foundation sent ICTSI's pioneer

These certifications were key in further improving

its various outreaches. But, with the help of the

international scholars in Northeastern University

our existing projects and in paving the way for the

Foundation's Employee Volunteerism Program,

(NEU) in Boston, Massachusetts in the United States

Foundation to take on a larger and direct role in

employees were given more channels to express

under the ICTSI-NEU International Scholarship

improving the quality of life of our beneficiaries.

their humanity.

Program. The year in review also marked the

In education, our international and local

Education

Foundation's first year in solely handling the

I am glad and proud to say that altruism is

Philippine Scholarship Program for both secondary

scholarship programs went full swing. We

ingrained in our corporate culture. I would like to

increased the number of ICTSI scholars. Aside

thank the men and women of ICTSI for sharing their

and college education. The Philippine Business for

from the scholarships, we continued supporting

time, talent and resources with the marginalized

Social Progress co-managed the local program when

schools by providing them better learning facilities,

sectors in our communities.

it started in 2010. Consequently, projects involving partnerships with local public schools and day care

equipment, tools and teacher training. Gen. Santos native Marlito Soriano was the Philippine Flag bearer at the convocation ceremony for new students at the Northeastern University in Boston, Massachusetts. Mr. Soriano and Coleen Charmille Dizon are the first beneficiaries of the ICTSINEU scholarship program.

In sports, we continued to help our national athletes. Aside from direct financial assistance, the Foundation has started to take on a more “parental” role in implementing sports programs. We are concerned not only with the well being of our athletes but with their values as well. In community welfare, the Foundation spearheaded local disaster response initiatives. To

Enrique K. Razon, Jr.

align ourselves with the worldwide effort to mitigate

Chairman

centers including the provision of reading rooms, computer equipment, tools and other materials essential in supporting school courses and programs were sustained. Capability building training for students and teachers, ICT trainings for teachers, as well as the assistance to alternative learning also continued. The Foundation ventured into facilities projects, which included the renovation of barangay day care

the impact of climate change, we've strengthened

centers in Parola, the immediate community of

our existing environmental programs, and assisted

ICTSI's Manila flagship, and the construction and

in terminal-specific, local initiatives.

furnishing of a two-classroom school building in Algeciras, Agutaya, Palawan in partnership with the SGV Foundation and Andres Soriano Foundation.

4

Marlito Soriano and Charmille Coleen Dizon, the first ICTSI-NEU scholars, with their official NEU student IDs. Both valedictorians in their respective schools, the pair was chosen among 69 applicants from different public schools high schools in the country.

5

As a special project, the Foundation supported college students from various parts of the country

In March, the Foundation mobilized relief operations to the victims of the biggest fire to hit Parola

through financial assistance to the Tanging Yaman

by providing food and other basic necessities; while in

Foundation.

October, in partnership with Clark Development Corp.,

Sports

affected by Typhoon Lando in Central Luzon.

The Foundation continued its support to young and deserving athletes. Young lady golfers under the

the Foundation provided assistance to the families The Foundation introduced new elements to its

ICTSI Amateur Golf Program competed in 53

activities were conducted in several institutions located in Calamba City, Olongapo City, Davao City,

winning a total of 32. Likewise, the Foundation

Tagoloan, and Gen. Santos City, Philippine locations

championed programs and tournaments of the

where ICTSI operates. ICTSI college and high school

Junior Golf Foundation of the Philippines.

scholars joined these outreach activities.

sponsorship to the country's ladies softball team

In ICTSI's Manila flagship, the Foundation invited employees to take part in the soft launch of the

when Little League Manila South participated in the

Employee Volunteerism Program. Through the

2015 Big League Softball World Series in Delaware,

Christmas Wish Tree initiative, employees were given

United States. The team played exceptionally well

the opportunity to grant wishes for the children of

en route to a third place finish in the Series, their

Manila Boys Town, a government facility for

best placement so far since winning the

abandoned and rescued children.

championship in 2012. The Foundation donated sports equipment to the Department of Education of Tagum City to encourage student participation in the city's sports

In July, the trio of (from left) Princess Mary Superal, Pauline Del Rosario and Mikhaela Fortuna secured the top three finishes at the 87th San Francisco Junior Girls Tournament. The tournament win is one of the combined 32 for the lady golfers under the ICTSI Amateur Golf Program in 2015.

2015 Christmas outreach activities. Outreach

international tournaments and six local tournaments,

In August, the Foundation renewed its

The ICTSI Foundation, in partnership with the Andres Soriano Foundation, donated a two-classroom, single story school building to the Algeciras Elementary school in Agutaya, Palawan. Heavily damaged by typhoon Yolanda in 2013, the lone school in the island of Algeciras caters to more than 500 students.

The Foundation also continued to organize free medical and dental outreach activities to indigent communities near the ports where ICTSI operates.

program and eventually in the national games, the

Special Projects

Palarong Pambansa, held in Tagum in May.

The Foundation broadened its scope to implement

In January 2015, 44 members of the Philippine National Police Special Action Force lost their lives in one of the deadliest encounters between the Philippine government forces and insurgents. The ICTSI Foundation mobilized teams to visit the SAF families to offer condolences and financial assistance.

The ICTSI Foundation and the Manila City Social Welfare and Development Office conducted a relief operation and provided humanitarian aid to the Parola fire victims. More than 7,000 families were displaced when a fire burned their homes in March.

projects that address some of the country's pressing

Community Welfare

issues. After the tragic Mamasapano incident in

The Foundation continues to strengthen its

Mindanao, the Foundation reached out to the families

relationship with ICTSI host communities in the

of the slain law enforcers to offer sympathy and

Philippines. In Manila, the Foundation expanded its

financial assistance. Foundation staff also visited and

Parola Solid Waste Management Project to include

offered assistance to injured policemen at the Camp

the Isla Puting Bato community in Tondo, Manila.

Crame Hospital. The Foundation co-financed the Running Water, Running Life Project, which saw the construction of a water-generating facility in San Miguel, Bulacan.

6

As part of the Foundation's special education project, students of the Algeciras Elementary School in Agutaya, Palawan received 13 sets of reading nooks along with globes and maps.

7

Education ICTSI Foundation and South Cotabato Integrated Port Services, Inc. held a thanksgiving event to congratulate the 2015 batch of high school scholar graduates. Under the scholarship program, deserving students receive financial assistance from the Foundation. The Foundation works closely with local ICTSI subsidiaries in implementing the scholarship program.

ICTSI-NEU scholars Marlito Soriano and Charmille Coleen Dizon did particularly well in their first semester at Northeastern University as both made it to the dean's list. Marlito is pursuing a degree in International Business, concentrating in Accountancy, while Coleen is taking up a combined major in Geology and Physics.

T

he two pioneer ICTSI-Northeastern

University scholars started their college

Davao, respectively. TLE assistance was also extended

scholarship at the Northeastern University in

to Labangal National High School in Gen. Santos in

Boston, Massachusetts. Despite the

support of the school’s home technology curriculum.

challenges of studying and living overseas,

Finally, the Foundation provided assistance to F.

Marlito Soriano and Charmille Coleen Dizon displayed

Bangoy Elementary School in Davao City as part of its

exemplary academic performance during their first

alternative learning systems (ALS) project.

semester in college by being in the dean's list. This year, the Foundation assumed independent management of the Philippine scholarship program for secondary and tertiary education. The Foundation,

Throughout the year, the Foundation fulfilled its commitment to provide support mechanisms for the educational welfare of the youth.

which used to implement the scholarship program in

Philippine Scholarship Program

partnership with the Philippine Business for Social

The Foundation expanded its scholarship program by

Progress (PBSP), further deepened its engagement

adding 75 college scholars. Six of these scholars

with the scholars and improved ties with ICTSI's local

were part of the final pool of applicants for the ICTSI-

subsidiaries. In addition, the Foundation continued its

Northeastern University scholarship program.

partnership projects with local public schools and daycare centers. Computer units were donated to Labangal Elementary School in Gen. Santos City to support the

Maintaining its relationship with partner public high schools, the Foundation added new grade 7 students to its pool of scholars. In total, 45 new students from partner schools in Manila, Olongapo,

school's information and communication technology

Bauan, Misamis Oriental, Gen. Santos, Davao and

(ICT) program. The Foundation organized ICT training

Tagum City were granted scholarships.

courses for teachers in Tagoloan National High School in Misamis Oriental. In Olongapo, a public school ICTSI scholars from Misamis Oriental, together with their parents, attend the YES SAMA KA! seminar as part of their capability building activities. The Foundation, in partnership with the local ICTSI subsidiaries, conducts a series of seminars on environmental protection and management, with the aim of encouraging scholars to become champions of the environment.

Batangas and F. Bangoy National High School in

Under the program, a total of 120 college and high school scholars received financial assistance

catering to differently abled students were provided

covering tuition and miscellaneous fees, daily

with computer units equipped with Job Access with

transportation, meal allowance, book and uniform

Speech software.

allowance, as well as field trip costs.

The Foundation was also involved in facilities improvement, financing the renovation of Parola

The Foundation also established an after school learning hub in Intramuros, Manila. The learning hub

daycare centers in Tondo, Manila. The Foundation, in

is equipped with computers, internet connection,

partnership with the SGV Foundation and Andres

books and other resource materials to support the

Soriano Foundation, constructed and furnished a two-

academic requirements of the scholars.

classroom school building in Algeciras Elementary School in Agutaya, Palawan. Continuing with technology and livelihood education (TLE) projects, the Foundation donated

In December, college scholars were given the opportunity to participate in the Foundation's Christmas outreach programs involving government, private and religious institutions located in ICTSI host communities.

welding equipment and sponsored beauty care training

8

The ICTSI Foundation leads the ceremonial turnover of children’s books to day care centers in Isla Puting Bato and Olongapo. The provision of educational materials is part of the Foundation's Project AIDE initiative, which aims to promote learning in day care centers.

to students of Bauan Technical High School in

9

High School Scholars Raja Soliman Science & During the year in review, the ICTSI Foundation assumed independent control of the Philippine

The scholars also visited ICTSI's headquarters and flagship operation at the Manila International

scholarship program, which it used to co-manage

Container Terminal for a briefing about ICTSI and its

with the Philippine Business for Social Progress.

business. They also visited ICTSI's terminals in Subic

Working in close coordination with ICTSI subsidiaries,

and Batangas.

the Foundation looks to solidify its scholarship program by establishing stronger bonds between scholars and ICTSI staff.

International Scholarship Program Freshmen Marlito Soriano and Charmille Coleen Dizon started their first semester at the Northeastern University in Boston, Massachusetts. Marlito of Gen. Santos City and Charmille of Olongapo City were selected from a total of 69 applicants from different public schools in Manila, Batangas, Olongapo, Misamis Oriental, Gen. Santos City, Davao City and Tagum City. Both graduated as valedictorians of their respective schools. The scholars flew to the United States in the last week of August ahead of the start of classes in September.

Meets and greets

academic demand, and the cold weather, among

Shaina Mae H. Brillantes Grade 7 Top 3 – Elementary Level Top 7 – Grade 7 Level

Katherine G. Caducio Grade 7 1st Honor – Elementary Level

Allan Dale G. Yap Grade 7 Top 10

Evangelaene S. Namang Grade 7 Finalist in the Division Science and Technology Fair 2015 1st Place in the Declamation Contest – Grade 7 8th Place Science Investigatory Project Division Level

Romer P. Valdez Grade 7 Top 2 – Grade 7 Level (SSCB) Top 2 in Science

Allyanna V. Galero Grade 7 2nd Place in Balagtasan – Division Level Best in Filipino Top 3SSCB 2nd Place Science Fair – Division Level 3rd Place – Declamation 1st Place Story Telling

Jonalyn A. Perucho Grade 7 Top 1 – Grade 7 (SSCB)

Julia Mae P. Dela Cruz Grade 7 8th Place Science Quiz Bee

Angelie V. Pamatian Grade 7 Top 6 – Elementary Level 3rd Place in the Spelling Contest, Grade 7 Level 2nd Place in the Essay Writing Contest, Grade 7 Level

Iris Zina Mangalus Grade 7 Top 4 – Grade 7 (SSCA)

Domiline C. Grengia Grade 7 YMCA Member

Chrislyn C. Manaog Grade 7 Top 8 – Grade 7 (SSCA) YMCA Member

Norlyn D. Hassan Grade 7 Top 1 – Elementary Level

Anthony N. Suarez Grade 7 Boy Scouts of the Philippines

other things. A day before departure, the scholars met with ICTSI Chairman Enrique K. Razon Jr., his wife, Lizzy, and son Enzo who also studies in Boston. They also had the opportunity to meet with Department of Education Undersecretary Rizalino Rivera and Department of Social Welfare and Development Secretary Dinky Soliman. Marlito's family is a beneficiary of the government's Conditional Cash Transfer Program and belongs to the Bla'an tribe, one of the indigenous groups in Gen. Santos City. Coleen is taking up a combined major in Geology and Physics, while Marlito is studying International

Two months ahead of their departure for the United

stellar first semester performance earned them each a

States, Marlito and Coleen underwent a series of

spot in the dean's list.

abroad. These include trips to museums, tasting

Capability Building for Scholars

different cuisines, and personality development and

The Foundation believes in the youth's potential to

confidence-building seminars. The two were also

become responsible citizens. Provided with the right

briefed about the history and education system of

opportunities, good education and support, ICTSI

their host country with the help of the Philippine-

scholars can become agents of change for

American Educational Foundation the organization

environmental protection. The Foundation launched a

that screens and sends applicants to the US under

training program, the Youth for Environmental

Julian Paul D. De Jesus Grade 7 Salutatorian – Elementary Level SPG Vice Mayor YMCA Vice President District 1 & 2 4th Place Quipper Science Quiz Bee Division Level 5th Place Science Quiz Bee Division Level 1st Place Science Quiz Bee School Level 1st Place English Proficiency Division Level 2nd Place English Proficiency School Level 4th Place ESP Quiz Bee 5th Place UN Quiz Bee School Level 4th Place General Information During the 27th YMCA National Assembly

Sustainability – Samahanng Mangangalaga sa Kapaligiran (YES – SAMA KA!) – a series of seminars designed to encourage scholars to become environmental champions.

10

Nicolas District, Binondo, Manila, Philippines

advised them on how to cope with homesickness,

Business with concentration in Accountancy. Their

the Fulbright Scholarship Program.

High School) Urbiztondo St., San

Marlito and Coleen also met several good people who

Pre-departure activities

month-long activities in preparation for their life

Technology High School (Formerly Raja Soliman

11

High School Scholars Jose Tuason Jr. Memorial National High School Madaum, Tagum City, Davao del Norte

Launched initially in Manila, the seminars were also conducted in other ICTSI host communities in Olongapo, Batangas and in Mindanao. The seminar topics included R.A. 9003, known as the Ecological Solid Waste Management Act of 2000; sustainable development; climate change; Manila Bay and the Supreme Court Continuing Mandamus; values

Beige Guy Rey L. Panganiban Grade 7 Top 5 – Elementary Level BSP Awardee

Hope L. Lorenzana Grade 7 9th Honor – Elementary Level Best in Hekasi – Elementary Level Dancer of the Year – Elementary Level Girl Scout of the Year – Elementary Level

Phoebe M. Arimao Grade 7 Valedictorian – Elementary Level Top 2 – Grade 7 YMCA Member

Rex Leenard L. Seiton Grade 7 1st Honorable Mention – Elementary Level Top 5 – Grade 7 Level

Jonalyn P. Sabawan Grade 7 2nd Honorable Mention – Elementary Level Best in Science Most Kind Girl Scout of the Year

clarification; environmental audit; and environmental communication. A highlight of the seminar series was values clarification. This provided a venue for scholars and their parents to strengthen their bond, love and Bauan Technical High

support for one another. The training program was

School

implemented in all Philippine project sites of the

Bauan, Batangas

Foundation.

Project AIDE Project AIDE (Assistance to Improve Daycare Education) is a program that offers assistance to barangay daycare centers in three ways: facility Kyla Marie B. Latag Grade 7 Best in English 1st Place Journalism (Broadcasting) Best in Scriptwriting

Kier Ralph M. Dalangin Grade 7 2nd Place Slogan Making Contest 2nd Place Math Quiz Bee 2nd Place Sudoko – District 2nd Place MTAP Math Challenge

Leona S. Ramos Grade 7 3rd Honorable Mentioned – Elementary Level Girl Scout of the Year Best in EPP Best in Hekasi 3rd Place Journalism (Feature and Filipino)

Steven Kenn B. Malaluan Grade 7 1st Honorable Mention – Elementary Level 2nd Place Sci-Art – District Level 5th Place Cartooning – District Level Boy Scout of the Year Best in Math 1st Place Tarpapel 2nd Place Techno Quiz Bee 3rd Place Math Quiz Bee Top 2 – Grade 7 Level Yes-O Officer

Jesreyl C. Abella Grade 7 1st Honorable Mention – Elementary Level

improvement, provision of educational and instructional materials, and professional development of daycare workers. In Manila, a total of 10 daycare centers in Barangays 20 and 275, were renovated under Project Aide. The day care centers also received a reading book package for the benefit of 1,020 daycare pupils and 10 daycare workers. Labangal National High

The Foundation, in partnership with the

School

Olongapo City Social Welfare and Development

General Santos City

Office, distributed assorted Adarna books, multimedia audio compact discs and manipulative

Computer Nook Project The Foundation launched the My Computer Nook Project in response to the Department of Education's Information and Communications Technology (ICT) Integration Program, which aims to make the current Philippine education system globally competitive. Under the Computer Nook project, beneficiary schools were given equipment peripherals, which included computer units and multimedia projectors. The Foundation also funded the renovation of the schools' computer laboratories and ICT integration in education trainings. In 2015, two Computer Nooks were established in Labangal Elementary School in Gen. Santos City, and Casinglot National High School in Misamis Oriental. The Foundation, in partnership with South Cotabato Integrated Port Services, Inc., financed the renovation of Labangal Elementary School's computer laboratory and donated 10 computer sets, a printer and a pair of air conditioning units for the benefit of over 1,400 students. Casinglot National High School also received 10 computer sets including tables, a multimedia projector and screen, and an air conditioning unit through the joint effort of the Foundation and Mindanao International Container Terminal Services Inc. One of the classrooms was also transformed into a computer laboratory for the use of 480 students. In November, the Foundation provided training to Casinglot teachers on how to maximize the use of the internet for educational purposes.

toys to eight daycare centers in barangays Sta. Rita and Asinan. A one-day story-telling workshop was also held for 54 daycare teachers in Olongapo to Joycel L. Monsales Grade 7 Rank 2 – Grade 7 Level

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Naima B. Paguital Grade 7 Rank 9 – Grade 7 Level 1st Place in Cook Out – School Level Finalist in Math Olympic – Division Level

Reysan P. Santiago Grade 7 Rank 6 – Grade 7 Level 3rd Place in Running – School Level Rank 9 Grade 7 3rd Place in Yes-O Camp Quiz Bee 3rd Place in Collage Making

Tiffany R. Araquil Grade 7 Rank 3 – Grade 7 Level 2nd Place Intramurals Singing Contest 2nd Place Yes-O Science Quiz Bee 1st Place Nutrition Month Cook Out Competition

Jingky T. Quiapo Grade 7 Rank 1 – Grade 7 Level Class President Math President TLE President

help them become better storytellers in their respective centers.

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High School Scholars Technology & Livelihood Education The Department of Education's implementation of the K to 12 curriculum presents several challenges to the

Olongapo National High High School. Aside from the improved interior and plumbing system, cabinets and additional lighting

School Olongapo City

were also installed in the facility. The project benefits 300 students from grade 9, 10 and 11 who are enrolled in cookery and housekeeping subjects.

country's public school system. With the integration of vocational and practical courses in the curricular

Alternative Learning System

structure, there is an urgent need for additional

The Alternative Learning System (ALS) Accreditation

facilities and trainings for teachers.

and Equivalency Program is an out-of-school youth

The technology and livelihood education (TLE) assistance program of the ICTSI Foundation was

education program designed by the Department of Education to provide opportunities to out-of-school

designed to support partner public schools in

youth who dropped out of school due to poverty and

responding to the various challenges that come with

other personal reasons.

the new curriculum. Specifically, the current scope of

The program requires participants to attend 10

the TLE assistance program includes the renovation

months of ALS classes before they take the DepEd's

of existing TLE rooms, provision of TLE-subject

National Accreditation and Equivalency Test. Participants

specific tools and equipment, and additional training

who pass the test are given the chance to re-take formal

for teacher's accreditation. For the year in review, the Foundation extended assistance to Bauan Technical High School in Batangas,

since 2011 by providing monthly honorarium to ALS instructors. From January to December 2015, three ALS instructors were given monthly honorarium. The

complete with accessories to Bauan Technical High

Foundation also donated three computer units and

School for the school’s Welding Technology curriculum.

two ceiling fans to the school's ALS facility.

For the past two years, the Foundation dressmaking laboratories of F. Bangoy. For the third year, the Foundation partnered with Davao Integrated Port and Stevedoring Services Corp. for the renovation of the school's hairdressing and cosmetology laboratory. The Foundation also donated beauty care-related tools for the benefit of 200 grade 10 students, 350 grade 9 students, and 2,000 grade 7 and 8 students. The Foundation also teamed up with South Cotabato Integrated Port Services, Inc. for the renovation of the TLE facility of Labangal National

Ana Marie Rowelos Grade 7 Class Officer Science Club – Secretary

Rochella Mae B. Diocares Grade 7 Valedictorian – Elementary level Top 1 – Grade 7 Level 1st Place Tula 3rd Place Sayawit 2nd Place Reader’s Theatre English 2nd Place Reader’s Theatre Filipino

Loid Andre C. Aringoy Grade 7 Rank 9 – Grade 7 Level Yes-O Member Classroom Officer – Business Manager

Elma B. Carin Grade 7 Rank 7 – Grade 7 Level Champion Reader’s Theater – School Level School Publication Writer Classroom Officer – Treasurer

Bea Aubry A. Concha Grade 7 Rank 3 – Grade 7 Level Best in Delivering Sports Article Yes-O Member Classroom Officer – Vice President Science Club – Vice President TLE Club – President Araling Panlipunan Club – PIO

Vience Jhon A. Banzali Grade 7 Rank 10 – Grade 7 Level Classroom Officer – Auditor

Reymar Villar Grade 7 Rank 8 – Grade 7 Level Champion in Hair and Make up Competition Champion in T-shirt Printing – School and District Level 2nd Place in T-shirt Printing – Division Level Classroom Officer – President Science Club – Vice President Yes-O Member

Paul Roland L. Reponte Grade 7 3rd Honor – Elementary Level

Cinderela L. Calang Grade 7 3rd Place Drawing 3rd Place Quiz Bee

Joan B. Oberes Grade 7 With Honors – Elementary Level Most Kind Athlete of the Year

F. Bangoy National High School Sasa, Davao City

The Foundation has been supporting the ALS

F. Bangoy National High School in Davao City.

spearheaded the renovation of the culinary arts and

Jeanne Rose M. Lee Grade 7 6th Honor – Elementary Level Math Club President 1st Place Nutri. Quiz SPG Secretary Yes-O Club Member Champion in Badminton

education or pursue employment opportunities based on

program of F. Bangoy Central Elementary School

International Port, Inc., donated five welding machines

Angelica M. Tolentino Grade 7 Top 6 – Grade 7 Level

the skills equivalency test passed.

Labangal National High School in Gen. Santos City and The Foundation, in partnership with Bauan

Maricha Jhen Sacbatona Grade 7 Filipino Club Member Math Club Member Science Club Member

In 2015, the program was able to achieve: ! 100% passing rate in Computer Hardware Servicing Tagaloan National High TESDA NCII exam, with 20 takers and 20 more on School schedule on the first week of February 2016. Tagaloan, Misamis ! 100% passing rate in plumbing course, electrical Oriental installation and maintenance, computer hardware servicing, welding, beauty care exam. ! 45% passing rate in the National ALS Accreditation and Equivalency Test an increase from the 24% passing rate in the previous year. The 47 passers were accelerated to college without undergoing the

Ammel N. Potane Grade 7 4th Honor – Elementary Level

Marnique A. Berganio Grade 7 Girl Scout of the Year 2nd Place Collaborative 3rd Place Drawing

K-12 education pre-requisite. ! F. Bangoy ALS Learning Center earning a citation as one of the best ALS implementers in the Davao region.

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15

College Scholars

One of the classrooms in CNHS was converted into a computer laboratory complete with 10 units.

Manila

Kazelyn Malagueño Abong First Year/ BS Computer Science Polytechnic University of the Philippines

Jessie Serna Bacugan First Year/ BS Accountancy Pamantasan ng Lungsod ng Maynila RSSTHS - Campus Journalist of the Year and Best in Editorial Writing (Filipino)

The newly renovated computer laboratory of the Labangal Elementary School provides a better learning environment for more than 1,400 students.

Kate Residoro Barle First Year/ General Education Universidad de Manila RSSTHS - Top 8 in Special Science Section / GS Standing UDM

Project stakeholders inspect the newly renovated TLE room of Labangal National High School.

Gizelle Marie Pupora Caballero First Year/ BS Mass Communication Pamantasan ng Lungsod ng Maynila GEAIHS – Valedictorian, Leadership Award, Best in English, Best in AP, 4th Place in Search for Outstanding Campus Journalism

Pauline Daligdig 3rd Year/ BA History Polytechnic University of the Philippines President’s Lister – CSSD PUP, 3rd Rank BA History Students AY 14–15, Service Award for being 2nd Year Representative of PUP SMK, TF SCALE Program in NYP Singapore Delegate

Rhoselyn Dela Rosa First Year/ BS Psychology Colegio De San Juan De Letran DTAHS – Valedictorian, Best in Filipino, Best in Technoquiz, Best in Business Plan, Hi Yiers of the Year, Outstanding Leader

J.M. Joper Magtulis Dimalanta 3rd Year/ BSBA Human Resources and Operations Management Pamantasan ng Lungsod ng Maynila

Jamaica Sulapas Duterte First Year/ University of Manila RSSTHS – Pinakamahusay na mambabalagtas, Champion in Declamation Contest

Charlotte Servilla Fernandez First Year/ General Education Universidad de Manila RSSTHS – 2nd Place Oratorical Contest

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The Foundation, in partnership with Davao Integrated Port and Stevedoring Services, Corp., financed the renovation of F. Bangoy National High School's hairdressing and cosmetology laboratory. The laboratory was also equipped by with cosmetology equipment for the benefit of students under the school's beauty care curriculum.

ALS Accreditation exam passers from F. Bangoy Central Elementary School pose with ICTSI Foundation, DIPSSCOR and school officers during the project turnover.

ICTSI Foundation officers with Mrs. Analiza P. Abayon, FBCES Principal, and Mr. Ricardo G. Bohol, FBCES ALS Coordinator, during the turnover of the three computer units and ceiling fans.

17

College Scholars Manila

Mica Gahopo Fernandez First Year/ BS Accountancy Our Lady of Fatima University RSSTHS – 3rd Honorable Mention, Fatima Tribune – News Writer

Camille Atun Labad 3rd Year/ BS Mathematics Pamantasan ng Lungsod ng Maynila

Mark Niño Itulid Retiro First Year/ BS Economics Polytechnic University of the Philippines Gawad Parangal 2015 (Barangay)

18

Regilyn Altivo Genonsalao First Year/ General Education Universidad de Manila

Rommel Sevilleno Luague First Year/ General Education Universidad de Manila

Eddie Cañete Ruño First Year/ BS Information Technology Pamantasan ng Lungsod ng Maynila RSSTHS – Best in News Writing

Rachel Orsolon Golosino First Year/ BS Broadcasting Communication Polytechnic University of the Philippines RSSTHS – Best in Copy Reading and Headline Writing (Filipino Journalism)

Sittie Hamima R. Macadato First Year/ Marketing Management Polytechnic University of the Philippines PUP – Dean’s Lister AY 2015 – 2016, 1st Semester

Ryza Dee Blanco Sab First Year/ General Education Universidad de Manila RSSTHS - Top 10 Special Science Section

Jayson Bernard Espina Ignalig 3rd Year/ BS Architecture Polytechnic University of the Philippines

Eddielyn Alonio Ogdang First Year/ BS Architecture Technological University of the Philippines RSSTHS – Best in Science Research

Vincent Emmanuel Padasas Salibio First Year/ BS Electronics and Communications Engineering Pamantasan ng Lungsod ng Maynila RSSTHS - Valedictorian, Debater of the Year, Y-associaate of the Year, Best in Editorial Writing, Editor-in-Chief of the Year

Nicko Jan Conciles Ortinela First/ BS Industrial Engineering Polytechnic University of the Philippines

Mark Lloyd Holasca Yuhan First Year/ BSBA Marketing Management Our Lady of Fatima University RSTTHS – 8th Honorable Mention, graduating class

Bauan, Batangas

Blessed Valencia First Year/ BS Engineering Batangas State University BTHS – Best in Science, Salutatorian (Tech-Voc Curriculum)

Andrea Dinglasan Severano First Year/ BS Engineering Batangas State University BTHS – Best in English, First Honorable Mention, Award of Excellence

John Michael D. Pilares First Year/ BS Engineering Batangas State University BTHS - Second Honorable Mention, Best in Mathematics, Outstanding Math Club Member

Lady Azareth Bisa Manalo First Year/ BS Accountancy Batangas State University

Cecile Antenor Ilagan First Year/ BS Education Batangas State University

Jessa Marcial Ilagan First Year/ BS Accountancy Batangas State University

Charlie Abante Gida First Year/ BS Engineering Batangas State University BTHS – Third Honorable Mention

Donna Mulingbayan Causapin First Year/ BS Engineering Batangas State University BTHS – Outstanding Member of Bricks (School paper)

Khaycee Camia Casapao First Year/ BS Engineering Batangas State University

Mary Joy Dalisay Caringal First Year/ BS Architecture Batangas State University BTHS – Fifth Honorable Mention, Outstanding Leadership Award, Soduku National Finalist (9th PSSC)

Kimberly Joy Dimalibot Carbonel First Year/ BS Accountancy Batangas State University

Genny Marie Dalino Boongaling First Year/ BS Accountancy Batangas State University

19

College Scholars Olongapo

Gerlie Lyka Yañez Agoja First Year/ Customs Administration Gordon College

Annalie Apilado First Year/ Customs Administration Gordon College

Jhon Mark Revillosa Batolina First Year/ BS Education Gordon College OCNHS – Proficient in Math Award, IGC Meritorious Service Award, SSG Leadership Award, Math Quest 3rd Place

Jeric Isip Beltran First Year/ BS Information Technology COMTEQ, Computer and Business College

Jean Carla Dumulot Caindoy First Year/ BS Information Technology Gordon College

Kaithlyn M. Fabillar First Year/ BS Elementary Education Gordon College OCNHS – Class Academic Achiever, Meritorious Service Award (YMCA)

Ressa Mae Gerona First Year/ BS HRMD Gordon College

Czarina Alcantara Madulara First Year/ Business Management Gordon College OCNHS - Broadcasting – 2nd Place, English Got Talent (Singing) – 1st Runner Up

Charlene Feria Orgen First Year/ Customs Administration Gordon College OCNHS - Filipino Balagtasan Champion, Math Trail 2nd Runner Up, SSC Hiphop 2nd Runner Up, Decathlon 2nd Runner Up

20

Misamis Oriental

Judymar Salaan Salva First Year/ BS Information Technology Tagoloan Community College

Christine Kinkito Polinar First Year/ BS Computer Engineering Mindanao University of Science and Technology MOGCHS – 8th Honor

Shellou Grace Villamor Salcedo First Year/ BS Accountancy Liceo de Cagayan Univesity THNS – 3rd Honorable Mention, Best in Math

Carmille Lourejo Mabayo Salcedo First Year/ BS Agribusiness Xavier University TNHS – 6th Honorable Mention, SSG

April Mae G. Neri First Year/ BS Information Technology Tagoloan Community College

Shenna Mae Sabacajan Hurtado First Year/ Computer Engineering Mindanao University of Science & Technology MOGCHS – Top 1 in Class, Top 11 in Graduating Class (Science), Academic Awardee, Co-curricular Achievement Awardee

Riza Jean Quilang Espinosa Fisrt Year/ General Education Cagayan de Oro College

Sylvester Zamora Ejem First Year/ BS ECE Mindanao University of Science & Technology TNHS -7th Honorable Mention, Service Award in SSG, Special Awardee in Mathematics

Franz Kingsley Madrio Carin First Year/ BS Biology Mindanao University of Science & Technology Best MAPEH Awardee, Academic Achievement Award

Abejel Evan Fabela Bersabal First Year/ Technology and Communications Management Mindanao University of Science & Technology

21

College Scholars Davao

Mary Kailenne Ann Galaron Tabiolo First Year/ BS Accountancy University of Mindanao DCNHS – 4th Honrable Mention, Top 3 (Engineering & Science Education Program), Researcher of the Year, Endurance Award (ESEP)

Shaina Jane Figuro Hugo First Year/ BS Geology University of Southeastern Philippines FBNHS – Valedictorian, Gerry Roxas Award

Jennalyn Marcelo Abrio First Year/ BS Chemical Engineering University of Mindanao FBNHS – Leadership Award

22

Fritzie Joyce Ampeso Mendoza First Year/ BS Geology University of Southeastern Philippines FBNHS – First Honorable Mention, SSG Awardee

Louiezzete Chrystelle Suguran Hoylar First Year/BS Accountancy University of Southeastern Philippines DCNHS - Science Award from BSP, Endurance Award from Engineering and Science Educ. Program, Rank 25

Daniella Rivera Amahan First Year/ BS Accountancy University of Mindanao DCNHS - 15th Honorable Mention, Rank 10 in ESEP, Researcher of the Year, Mananalumpati ng Taon, Leadership Award

Antero Dumandan Marfil First Year/ BS Accountancy University of Mindanao FBNHS – 2nd Honorable Mention, Sci-Damath of the Year

Rean Gayle Ocular Gonzales First Year/ BS Nursing Davao Doctors College DCNHS – Merit Award, Certificate of Participation in BLGU Children’s Congress

Patricia Joie Yap Baluyot First Year/ BS Civil Engineering Ateneo de Davao University DCNHS – Most Outstanding Creative Writer, News Editor of Ang Daluyong, 3rd place Shadow Puppetry Festival of Talents

Chrisyl Joy Jaboni Inso First Year/ BS Accountancy University of Mindanao – Tagum JTJMNHS – Academic Excellence Award, Valedictorian, Leadership Excellence Award, Most Oustanding Campus Journalist, National Qualifier in National Schools Press Conference 2015

Walter Eslawan Bantilan First Year/ BS Accountancy University of Mindanao

General Santos

Kissa Marie Luna Rubi First Year/ BSED MAPEH Ramon Magsaysay Memorial Colleges GSCNHS - Best in English, Best in Filipino

Anabelle Donaire Rollon First Year/ BS Accountancy Mindanao State University LHNS – 3rd Honorable Mention

Daniella Fe Oracion Prado First Year/ BS Civil Engineering Mindanao State University GSCNHS – Science Investigator of the Year

Julie M. Palmejar First Year/ BSED Major in English Ramon Magsaysay Memorial Colleges

Honnyletth Joice Bayog Nagnal First Year/ BS Architecture Notre Dame of Dadiangas University GSCNHS – 6th Honor, SSG Service Awardee, Yes-O Leadership Awardee

Richelle Intong Lubaton First Year/ BSBA - Marketing Management Ramon Magsaysay Memorial Colleges

Christine Jelongos Lorilla First Year/ Bachelor in Physical Education Ramon Magsaysay Memorial Colleges GSCNHS – Peer Educators of the Year, TSG Leadership Awardee

Joner C. Guillero First Year/ BS Civil Engineering Ramon Magsaysay Memorial Colleges GSCNHS – First Honorable Mention, Best in Mathematics, English and Filipino, Campus Citation Award for Journalism

Leizel Libres Gagabuan First Year/ BSED – MAPEH Ramon Magsaysay Memorial Colleges LHNS – With Honors, Distinction Award in Drama

Angelica Manfredo Denosta First Year/ General Education Ramon Magsaysay Memorial Colleges LNHS – 2nd Honorable Mention, Senior Scout of the Year

23

Sports Development Team Manila entered the semifinals of the Big League World series undefeated. The Softbelles eventually managed to secure third place at the tournament.

T

he year in review proved to be a bright

one for the Foundation's sports development

program. To promote sports among schools

In 2015, the Foundation donated sports equipment to the local DepEd office in Tagum to

Foundation continued its support for the

support the agency's athletics, arnis and taekwondo

sports programs of local schools in ICTSI's host

programs. The donation was made for the benefit of

communities. Equipment donations were made to

more than 23,765 elementary and secondary

DepEd Tagum and Casinglot National High School in

students of the division. The Foundation also turned

In an impressive display of competitiveness,

over volleyball, basketball, softball, and training and fitness equipment to Casinglot National High School

talent and hard work, ICTSI-sponsored teams and

in Tagoloan, Misamis Oriental, which has more than

athletes emerged as winners in the majority of the

500 students.

tournaments they took part in. ICTSI supported the

The Foundation also donated sports equipment

Philippine women's softball team in their campaign at

to the Special Education Department of Kalalake

the Big League World Series. Though not able to win

Elementary School in Olongapo for the benefit of 104

the championship, the softbelles managed to secure a students with special needs. third place finish. winning tradition by stringing together a number of

Philippine Softbelles Sponsorship

wins in international tournaments. Locally, ICTSI

The ICTSI Foundation continued to support Little

In golf, the ladies amateur team continued their

continued its support for the Junior Golf Foundation of

League Manila South in their campaign at the Big

the Philippines through the ICTSI-JGFP Inter-School

League World Series in Roxana, Delaware, United

Golf Championship.

ICTSI Foundation personnel turn over sports equipment to officials of Casinglot National High School in Misamis Oriental.

and programs.

and encourage participation of the youth, the

Tagoloan, Misamis Oriental.

Junior golfers get to test their skills in the JGFPsanctioned The Junior Golf League annual tournament.

the participation of more students in sports activities

States last August. The Manila-based baseball club's ladies softball team, Team Manila Philippines, placed

Sports Development in Schools

second runner up in the 2015 season of the World

Sports is one of the integral components of the

Series softball held at the Lower Sussex Little League

Philippine education system. Sports in schools foster

Complex in Pyles Center.

holistic development among the youth. Aside from the benefits of engaging in physical activities, sports also

Team Manila--PH, composed of the country's top collegiate softball players from Manila universities,

promotes leadership, teamwork, competitiveness and

secured a semifinal berth after besting other teams in

sportsmanship among the youth. With sports among

its pool with three wins and no loses. The top two

its core pillars, the ICTSI Foundation established a

teams in the two pools of the tournament who

sports development program that is designed to aid

qualified for the finals were: Manila--PH and Antelope

public high schools in implementing their own sports Valley, California from Pool A; and Millsboro, Delaware programs. Through its sports development assistance and East Monroe, Louisiana from Pool B. program, the Foundation provides sporting gears and In the crossover match, the Manila softbelles lost equipment to partner schools, and in some cases, to

to eventual champion East Monroe--LA. However,

local offices of the Department of Education (DepEd). Having the proper sports equipment in schools would help in the development of talents and also encourage

24

The ICTSI Ladies Amateur Team (from left): Coach Nestor Mendoza, Abegail Arevalo, Sofia Chabon, Coach Bong Lopez, Bernice Olivarez-Ilas, and Samantha Martirez.

Davao Integrated Port and Stevedoring Services Corp. officers join ICTSI Foundation personnel during the turnover of sports equipment to the local DepEd office in Tagum, Davao del Norte.

25

Team Manila--PH was able to clinch its next best placement when it won against defending champion and host Millsboro--DE in the battle for third. Antelope

Roster of Lady Amateur Golfers (including wins)

Roster of Softbelles

Princess Mary Superal

Valley--CA, which was second to Manila--PH in Pool



A, was the season's first runner up when it lost to East

British Open Amateur Stroke

Monroe--LA in the finals.

Play Championship

The Team's third place finish this year is, by far, its best placement since 2012 when the Team won the league's overall championship in Kalamazoo, Michigan.

Finished 8th in the Ladies

Kristine Marie Acuña National University

Mary Ann Antolihao University of Sto. Tomas

Riflayca Basa Adamson University

Arlyn Bautista Adamson University

Maria Monica Borromeo Ateneo De Manila University

The Manila softbelles have been consistent in winning



Champion, 10th Sabah



Champion (team), 17th



Champion, 24th SIC/DBS Junior Invitational Golf



Champion, Pondok Indah International Junior Golf

International Junior Masters Sarawak Chief Minster's Cup 2015

the Asia Pacific regional championships. The regional title qualifies the Team to the Big League World Series.

Championship

Team Manila--PH is among the top teams in the USbased league as it has been placing well for the past 15

Championship

years: championship in 2012; first runner up finishes in 2011, 2010 and 2008; and second runner up in 2015,

Pauline Del Rosario

2005 and 2001.

 

The Foundation has been supporting Little League

Shaina Camacho Adamson University

Delyrose Covarrubias Adamson University

Shaira Damasing National University

Princess Mae Jurado Adamson University

Clarisse Lozada Adamson University

Manila South since 2013 as part of its sports assistance

Golf Championship



program. The softball players are athletic scholars of Manila-based universities Adamson University, University East. Most of these young ladies are from indigent provided by the universities. The Foundation also supports select Filipino athletes when representing the Roxzell Pearl Niloban University of the East

Florabelle Pabiania Adamson University

Mary Nichole Padasas Adamson University

Ma. Celestine Palma University of Sto. Tomas

Christy Joy Roa University of Sto. Tomas

Ladies Amateur Golf A total of eight lady golfers, two of whom are part of

Champion, 14th True Visions International Junior Golf Championship

 

Champion, Willowick Summer Championship, 14-18 Class A Champion, Singha Thailand Junior World Championship 2015

(NGAP), make up the 2015 roster of the ICTSI Amateur

 

Golf team. Supervised by two veteran coaches, the team competed in 53 international tournaments and

Champion, 17th Canlubang Open Champion, FCG International Junior Golf Championship

six local tournaments to win a total of 32. In one of the Mary Superal, Pauline Del Rosario and Mikhaela

Champion, Bing Cosby Memorial Junior Tournament Champion, 85th Women's Transnational Championship

age bracket

the National Golf Association of the Philippines

Fortuna secured the top three finishes at the 87th San

Champion, U.S. Girls Junior Qualifiers

  

families who avail of collegiate athletic scholarships

notable achievements for the team last year, Princess

Champion, Malaysian Ladies Amateur Open



of Santo Tomas, National University and University of the

country in international sporting events.

Champion, IMG Qualifying Champion, Singapore Junior

 Edna Mae Severino Adamson University

Chrystal Yamut Adamson University

Ana Maria Santiago Head Coach, Adamson University, Manila Little League

Sheirylou Valenzuela Asst. Head Coach, Adamson University, Manila Little League

Sandy George Barredo Jr. Head Coach, University of Sto. Tomas, Asst. Coach, Manila Little League

Champion (team), 17th Sarawak Chief Minster's Cup 2015

Francisco Junior Girls Tournament in July.

26

27

Sofia Chabon (left) and Abegail Arevalo put up a stellar display of skills en route to top place finishes at the RSGC AmBank Junior Amateur Open Championship in Kuala Lumpur, Malaysia.

Bernice Olivarez-Ilas

Mikaela Fortuna







Champion, Willowick Summer Championship, 12-

International Junior Masters,

13 age bracket

13-15 age bracket

Champion, Skylinks Summer



2015

age bracket



Champion, 10th AmBank-SportExcel International Jr



Champion (team), 17th Sarawak Chief Minster's

Golf Championship, Malaysia Cup 2015

Champion (team), 17th Sarawak Chief Minster's Cup

Golf Championship, 12-13



Champion, 10th Sabah



Champion, Pondok Indah International Junior Golf Championship

Junior Golf

Champion, Pondok Indah International Junior Golf

The Foundation continues to be a steadfast partner of

Championship

the Junior Golf Foundation of Philippines (JGFP) for the latter's junior golf program, helping nurture the

Samantha Martirez



Champion, Skylinks Summer Golf Championship, 14-18



from all over the country. To mark five years of partnership,70 tournaments

age bracket

were held including the 2015 ICTSI-JGFP Inter-School

Champion, Ladies Philippine

Golf Championship.

Golf Tour at Splendido

ICTSI continues its support for the Junior Golf Foundation of the Philippines, helping young, aspiring talents hone their skills.

talents of young golfers from different walks of life

Thirty academic institutions and 20 golf clubs

 

Champion, 26th Annual Costa Mesa Championship

were represented in multi-division competitions that

Class A 3rd place, Singha Thailand Junior World

attracted more than 200 junior golfers, 55 of whom are

Championship 2015



from the marginalized sector.

Champion, Kids Golf World Championship Malaysia

Notable junior golfers like Rupert Zaragoza,

Sofia Chabon

Aidric Chan, Carl Corpus, Kristoffer Arevalo, Pauline



Champion, West Lake

Del Rosario, Mikhaela Fortuna, Bernice Ilas, Annika

Summer Championship

Cedo, Miya Legaspi, Sean Granada, Sean Jean



 

3rd place, Skylinks Summer

Ramos, Luis Castro, Jolo Magcalayo and Sophia

Golf Championship, 14-18

Chabon competed outside the country, winning

age bracket

several international tournaments. They did not only

Champion, 24th SIC/DBS

make a name for themselves, they also brought honor

Junior Invitational Golf Championship

to the country as well.

2nd place, Kids Golf World Championship Malaysia

Abegail Arrevalo



4th place, Skylinks Summer Golf Championship, 14-18

With its continuous support to several junior golf beneficiaries, the ICTSI-JGFP Inter-School Championship remains as the pinnacle of sports development for the Foundation's sports program.

age bracket



Class B Champion, Singha Thailand Junior World Championship 2015

28

29

Community Welfare

Roster of Junior Golf Champions Kindergarten Boys Division 1 Armand Copok 1st Place, British School Manila (133) Julien Lhullier 2nd Place, Brent International School (88) Kindergarten Boys Division 2 Emilio Hernandez 1st Place, Singapore School Manila (122) Flynn Alcer Chua 2nd Place, Makati Hope Christian School (112) Kindergarten Girls Division Mikaela Dela Paz 1st Place, HEDCEN-TLFH (109) Angela Chua 2nd Place, Makati Hope Christian School (68) Grade 1-3 Boys Division Miko Granada 1st Place, Xavier School (148) Santino Pineda 2nd Place, The Bridge School (146) Jean Rex Tolentino 3rd Place, O.B. Montessori Fairview (140) Sebastian Arenas 4th Place, Xavier School (134) c/b Joaquin Arenas 5th Place, Xavier School (134) Grade 1-3 Girls Division Reese Ng 1st Place, British School Manila (164) Venice Tiamsic 2nd Place, Casa Real Montessori (153) Gabrielle Rosca 3rd Place, Immaculate Concepcion Academy (142) Stevie Umali 4th Place, Everest Academy (124) Lia Duque 5th Place, The Master Academy (115) Grade 4-6 Boys Division Sean Granada 1st Place, Don Bosco Technical College (156)

30

Y

Ken Shibata 2nd Place, Japan International School (151)

ear after year, the Foundation continues

to implement community welfare projects

Joaquin Hernandez

with the aim of further strengthening its

3rd Place, Singapore School Manila (144)

relationship with ICTSI's host communities.

Javi Lazatin 4th Place, San Beda College Alabang (135)

In 2015, the Foundation expanded the

scope of its Parola Solid Waste Management Project

Andrew Chua

(PSWMP) to include Isla Puting Bato in Tondo, Manila.

5th Place, Makati Hope Christian School (118)

Isla Puting Bato is a community of indigent people

Grade 4-6 Girls Division

near Berth 6 of the Manila International Container

Margarita Lazatin

Terminal. From September to October, a team from

1st Place, San Beda College Alabang (145)

the Foundation conducted a series of seminars about

Monique Arroyo

proper solid waste management and disposal.

2nd Place, Assumptio San San Lorenzo (140)

PSWMP started to draw attention, eventually

Theresa Dela Paz

becoming the benchmark for a community-based

3rd Place, St. Michael the Archangel (128)

solid waste management project. Consequently, the

Annika Chua A volunteer doctor checks the condition of a patient.

4th Place, Makati Hope Christian School (114) Princess Pascua

Metro Manila Development Authority (MMDA) invited the Foundation to participate in the Stakeholders’ Consultation Workshop, which was organized in

5th Place, El Rio De Pasig (104)

partnership with the World Bank, for the Metro Manila

Grade 7-10 Boys Division

Flood Management Project, Phase 1, Component 2:

Josh Jorge

Minimizing Solid Waste in Waterways.

1st Place, MCA Montessori School (152)

PSWMP was also hailed as the Best in Social

Cedrick Aunzo

Technology nationwide and the Best Employment

2nd Place, Diosdado Macapagal High School (137)

Project in the National Capital Region by the

Harry Back

Department of Social Welfare and Development.

3rd Place, Brent International School (131)

In March, a huge fire broke out in Parola. The

Israel Macatangay

Foundation distributed food to about 3,500 displaced

4th Place, Batangas State University (118)

families. After a week, the Foundation organized

Masaichi Otake

another relief operation and distributed basic essentials

5th Place, Southville International School (113)

like clean towels, mats, blankets and toiletries.

Grade 7-10 Girls Division

The Foundation, in partnership with Clark

Mikaela Arroyo

Development Corporation, also distributed aid to the

1st Place, Assumption San Lorenzo (141) c/b

families affected by Typhoon Lando in October.

Samantha Dizon

With the help of local doctors' and dentists'

2nd Place, Poveda (141)

associations, the Foundation organized free medical

Aalia Labrador

and dental clinics for host communities in Bauan,

3rd Place, British School Manila (108)

Batangas, Davao City, and Gen. Santos City. The

Kristen Gueverra 4th Place, The Master Academy (93)

medical mission was conducted in partnership with

Teresa Agdamag

the local associations of doctors and dentists.

5th Place, MCA Montessori (86) The ICTSI Foundation conducted several outreach programs for children in celebration of the holiday spirit.

31

Parola EcoPatrols listen to the head of Kilus Livelihood Center in Brgy. Ugong, Pasig City during their Lakbay Aral session.

In December, the Foundation introduced new elements to its annual Christmas outreach activities.

replicated in their own respective communities. The areas visited by the EcoPatrols were East Rembo,

For the first time, outreach missions were done in a

Makati City; Holy Spirit, Quezon City; Fort Bonifacio,

number of institutions within ICTSI's host communities

Taguig City, and Ugong, Pasig City.

in Calamba, Olongapo, Davao City, Misamis Oriental and Gen. Santos City. In another first, ICTSI high school and college scholars were invited to join the outreach activities in

On June 24, simultaneous with the Manila Day celebrations, the Foundation's PSWMP team, together with the MMDA, Department of Public Works and Highways and Manila Department of Public Services,

their respective communities. In MICT, the Foundation

spearheaded a clean-up drive along the South

launched a volunteerism program for ICTSI employees.

Access Road. The activities involved drainage de-

Through the Christmas Wish Tree initiative, employees

clogging and flushing, as well as wall repainting

were given the chance to play Santa Claus by granting

throughout the stretch of the South Access Road.

the wishes of children at the Manila Boys Town. The

The PSWMP caught the attention of different

initiative drew interest and participation from both ICTSI

entities as one of the best practices in community-

and non-ICTSI employees at MICT.

based solid waste management. Consequently, a UN

Parola Solid Waste Management Project

to Parola to interview some of the EcoPatrols about

During the year in review, the Foundation's flagship community project Parola Solid Waste Management

Special Rapporteur and World Bank consultants went their situation. The Foundation also received an invitation to present PSWMP at the Stakeholders’ Consultation

Project expanded to Isla Puting Bato. The expansion

Workshop of the Metro Manila Flood Management

increased the total number of EcoPatrols from 62 to

Project. The workshop was attended by

78. The 16 new EcoPatrols were all recipients of the

representatives from local government units and non-

Philippine Government's Conditional Cash Transfer

government organizations.

Program. A total of 986 residents of Isla Puting Bato

The Foundation’s very own Dra. Patricia Licup introduced the provisions of R.A. 9003 to members of the Parola EcoPatrols through a series of seminars to promote proper community-based solid waste management.

The employment component of the project was

attended a series of seminars on solid waste

cited as the best in employment facilitation in NCR at

management.

the Bangon Kabuhayan Awards 2015, which is an

Parola EcoPatrols also participated in sit-downs

EcoPatrols repainted the community walls along South Access Road during the clean up drive in June.

annual award given by the Department of Social

and practical capability-building activities organized by Welfare and Development to partner entities that the Foundation. The activities covered the sessions on the art of persuasion and message development.

support the agency's Sustainable Livelihood Program. General assemblies were held each month in 2015

EcoPatrols also went on an educational trip, visiting

to update the EcoPatrols about the project, hear their

some of the cleanest barangays in Metro Manila. The

concerns with regard to its implementation, fete birthday

Foundation wanted them to observe how other

celebrants, and name the EcoPatrol of the month.

communities properly manage their waste and take note of viable livelihood opportunities from waste management, and from that, analyze what can be

Looking ahead, the PSWMP team will continue to strengthen the monitoring and evaluation component of the project in order to come up with specific numbers in terms of garbage reduction and number of people observing proper waste segregation.

32

The Parola Solid Waste Management Project receives two citations at the Bangon Kabuhayan Awards 2015 -- Best Regional Employment in the National Capital Region and Special Award as the 2nd Most Environmentally-Friendly Project.

33

2015 Roster of Parola EcoPatrols

Cesar Aragon Brgy 20, Gate 1

Marites Rongcales Brgy 20, Gate 1

Sonny Gabat Brgy 20, Gate 2

Lucy Abong Brgy 20, Gate 2

Leo Mabilog Brgy 20, Gate 3

Maricel Lava Brgy 20, Gate 3

Sherwin Bassig Brgy 20, Gate 4

Isabelita Mararac Brgy 20, Gate 4

Mercy Nuñez Brgy 20, Gate 5

Sonia Reyes Brgy 20, Gate 5

Anita Lerios Brgy 20, Gate 6

Evelyn Rael Brgy 20, Gate 6

Jovanille Orellano Brgy 20, Gate 7

Catherine Manayan Brgy 20, Gate 7

Gina Bellosillo Brgy 20, Gate 8

Yolanda Ladrillo Brgy 20, Gate 8

Aurora Reyes Brgy 20, Gate 9

Gilda Pascua Brgy 20, Gate 9

Francisco Evaristo Brgy 20, Gate 10

Amy Calvo Brgy 20, Gate 10

Marivic Jagarap Brgy 20, Gate 11

Ma. Pia Ausa Brgy 20, Gate 11

Allan de los Reyes Brgy 20, Gate 12

Miguela Sagnip Brgy 20, Gate 12

Angelyn Redillas Brgy 20, Gate 13

Lourdes Cheung Brgy 20, Gate 13

Rosendo Lut Brgy 20, Gate 14

Elenita Olete Brgy 20, Gate 14

Judy Oliva Brgy 20, Gate 15

Celerina Sibug Brgy 20, Gate 15

Fe Caparal Brgy 20, Gate 16

Erlyn Llege Brgy 20, Gate 16

Corazon Pomarejos Brgy 20, Gate 17

Leonila Hungay Brgy 20, Gate 17

Annie Velasco Brgy 20, Gate 18

Ma. Liza Colico Brgy 20, Gate 18

Gertrudes Farne Brgy 20, Gate 19

Elizabeth Francisco Brgy 20, Gate 19

Lea Fabregas Brgy 20, Gate 20

34

35

2015 Roster of Parola EcoPatrols

Jherlie Fabregas Brgy 20, Gate 20

Norma Romero Brgy 275, A 46

Carmencita Amistad Brgy 275, A 46

Dario Habal Brgy 275, A 48

Catherine Balisi Brgy 275, A 48

Domingo Valdez Brgy 275, A 50

Juliet Acuña Brgy 275, A 50

Rizal Catalogo Brgy 275, A 52

Marilyn Palconet Brgy 275, A 52

Eduardo Regalado Brgy 275, A 54

Marilyn Añosa Brgy 275, A 54

Marlon Reyes Brgy 275, A 56

Amelita Escalona Brgy 275, A 56

Allan Añosa Brgy 275, A 58

Lisa Gozarin Brgy 275, A 58

Teodor Austero Brgy 275, A 60

Loresa Donesa Brgy 275, A 60

Ismael Gagate Brgy 275, A 62

Magdalena Gagate Brgy 275, A 64

Rozalito Pujeda Brgy 275, A 64

Enrico Panes Brgy 275, A 64

Ibrahim Tiagan Brgy 275, Area Monitoring Officer

Nenita Solis Brgy 20, Gate 1

Rosa Tagu-an Brgy 20, Gate 5

Wilfreda Penaso Brgy 20, Gate 6

Jemimy Rose Brgy 20, Gate 8

Angelita Madriaga Brgy 20, Gate 10

Maricel Monsale-Jumuad Brgy 20, Gate 17

Arlene Antipolo Brgy 20, Gate 20

Analyn Calvo Brgy. 20, Area F

Rowela Arrobang Brgy 20, IPB Purok 1

Maricel Malinao Brgy 20, IPB Purok 3

Rebecca Sanchez Brgy 20 Isla Puting Bato, Area Monitoring Officer

Mylene Casiano Brgy 20, IPB Purok 3

Melanie Casteñeda Brgy 20, IPB Purok 4

Marivic Lobesto Brgy 20, IPB Purok 4

Karen Mendoza Brgy 20, IPB Purok 4

Marianita Luces Brgy 20, Area Monitoring Officer

Bernie Cancino Brgy 20, Area Monitoring Officer

36

37

Dr. Jo Arago, Bauan Dental Society President, demonstrates to students the proper way to brush teeth.

Capability Building for EcoPatrols

Relief Operations for Parola fire & Typhoon Lando Victims

In May, the Foundation organized the "Message

The Foundation conducted two major relief

Development and the Art of Persuasion Seminar /

operations in 2015 for the victims of the Parola fire

Workshop for EcoPatrols of the PSWMP" to teach

and typhoon Lando.

EcoPatrols how to develop effective communication

In Manila, fire broke out and enveloped

that would persuade their respective communities to

Barangays 275 and 20 in Parola in March. The

act and help avoid misunderstandings among

Foundation extended assistance to more than 3,000

members of the community.

families who took refuge at the Delpan Sports

A month later, the Foundation, together with the

Complex, Delpan Evacuation Center, Coast Guard

Philippine Business for Social Progress, conducted

compound, Baseco covered court and barangay

an orientation on the Parola Soldi Waste

halls. The victims were given food, sleeping mats,

Management Project and R.A. 9003. The orientation

toiletries and laundry items. The Foundation made

also tackled the Manila Bay and the Supreme Court's

sure each and every family was provided for,

Continuing Mandamus for the 15 new EcoPatrols

including those of ICTSI employees who were also

from Isla Puting Bato.

affected.

Gamutan sa Pantalan

International Terminal Corp., in coordination with

For the year in review, the Foundation also

Clark Development Corporation, distributed relief

implemented free medical and dental checkups for

goods to more than 500 residents of Talavera, Nueva

the marginalized constituents of ICTSI host

Ecija, which was among the most heavily devastated

communities.

places by typhoon Lando.

The Foundation partnered with local ICTSI subsidiaries in Davao, Batangas and General Santos City, along with the local government units and

In October, the Foundation and Subic Bay

Handog Salu-salo at Regalo sa Pasko

private health organizations to conduct medical-

The Foundation expanded its annual Christmas gift-

dental missions in the areas mentioned. The medical

giving activity to all six ICTSI local subsidiaries in

missions benefitted a total of 1,920 medical patients

2015. The Foundation also selected 16 government,

and 368 dental patients.

private and religious institutions for the activity. The

Aside from the free medical checkup,

A medical practitioner provides prescription medicines during a medical mission in Labangal, Gen. Santos City.

Foundation personnel spearheaded the distribution of relief goods to the Parola fire victims.

People line up as volunteers hand out free medicines during a medical mission in Brgy. Sasa, Davao City.

DSWD and CSWDO, Missionaries of Charity and

beneficiaries from Gen. Santos city also received gift

Marcellin Foundation managed shelters for

packs containing rice, canned goods, noodles and

abandoned and abused children and elderly were

personal hygiene kits. Gamutan sa Pantalan marks

also identified as partner-beneficiary institutions. A

South Cotabato Integrated Port Services, Inc.'s first

total of 145 employee and scholar volunteers

medical mission activity.

participated in the event for the benefit of 2,201 beneficiaries.

38

ICTSI scholars from Batangas State University took part in the Christmas outreach mission in Calamba, Laguna.

39

Special Projects & Development Assistance

A

side from its core programs in the host

Volunteers from ICTS subsidiaries, including

communities of ICTSI ports, the Foundation

Foundation scholars, assisted the Foundation in

also explores other opportunities to help

implementing the activities in the following institutions: Area / Subsidiary

Institution

A. Manila (MICT)

Parola Day Care Centers

Missionaries of Charity

Manila Boys Town

Home of Joy

No. of Volunteers

No. of Beneficiaries

9

60 PTS officers and Daycare workers

1,020

3

Home for Abandoned and Neglected Eldrely

14

Alay ng Puso

3

Foundling Home Lualhati ng Maynila

B. Olongapor City (SBITC)

No. of Staff

2 DSWD 7 ICTSI Global HR Employees 0

groups in Mamasapano, Maguindanao.

3 3

3 Solaire staff 3 scholars 3 scholars 2 ICTSI staff

scholarship program and to V on Wings Producer Cooperative for its water system project for the

Mala - 137 Femal - 163

4 scholars 2 ICTSI staff

110

Girls’ Home

4

4 scholars

210

Social Development Center

3

3 SBITC staff 6 scholars

25

Center for Youth

3

3 SBITC staff 6 scholars

27

3 SBITC staff 6 scholars

15

4

1 BIPI staff 12 scholars

35

D. Misamis Oriental (MICTSI)

Center for Special Children

3

6 MICTSI staff 4 scholars 4 Agency Rep.

68

indigent residents of Sitio Cogunan in Barangay Sibul Springs, San Miguel Bulacan.

Mission for SAF 44 In January, 44 members of the Philippine National Police Special Action Force perished in a rebel encounter. On behalf of Enrique K. Razon Jr., the ICTSI Foundation set out teams to visit the families of the said Home of one of the 44 slain PNP SAF officers visited by ICTSI Foundation staff for moral and financial assistance.

officers to personally hand over financial support. The Foundation also provided financial assistance to the 15 wounded SAF members at Camp Crame Hospital.

Financial grant to Tanging Yaman Foundation, Inc. The Foundation, through the Tanging Yaman

Marcellin Foundation

5

9 SCIPSI staff 8 scholars

53

Foundation, Inc., extended financial grants to support

Home for Boys

5

7 SCIPSI staff 4 scholars

22

Tanging Yaman Foundation is a conduit foundation

Substitute Home for Girls

5

9 SCIPSI staff 2 scholars

30

those in need. It started out as an annual liturgical

Reception and Study Center for Children

4

10 scholars 2 parents

58

fortunate. Its modern-day evolution has expanded its

the continuing education of its college scholars. The that channels Filipino generosity for the benefit of concert that raises funds for the benefit the lessscope to include victims of calamities, poor students

5 DIPSSCOR staff Total

assistance to Tanging Yaman Foundation’s

23

4

3

The Foundation also extended financial

Sick Children - 27 Elderly - 30

Bahay ni Maria

F. Davao City (DIPSSCOR)

families of the 44 slain and 15 wounded Special Action Force in the latter’s encounter with rebel

90

C. Calamba, Laguna

E. General Santos City (SCIPSI)

and development assistance.

In 2015, the Foundation extended support to the

58

Boys’ Home

Center for Women

in other areas through special projects

145 volunteers*

and children, livelihood and the environment. 2,201 beneficiaries

*Note: Total number of volunteers lesser than actual count given that some are the same individuals who attended multiple activities (Manila, Olongapo and General Santos).

40

41

ICTSI Foundation staff with families of some of the slain Special Action Force officers in Cagayan Province

Clean water project in San Miguel, Bulacan The Foundation donated funding for the implementation of the “Running Water, Running Life Project” of V on Wings Producer Cooperative in Sitio Cogunan, Barangay Sibul Springs, San Miguel Bulacan. Sitio Cogunan, a humble community situated at ICTSI Foundation staff handing financial assistance to the family of a slain SAF officer in Cagayan Province

the foot of the Sierra Madre Mountain range, is home to more than 400 individuals who thrive through subsistence farming, limited livestock rearing, and until recently, through a small scale charcoal making industry. A lone spring serves as the only source of water for the whole community. The Foundation recognizes the community’s pressing need for water-generating facility and supports the establishment of a clean water supply to improve the living standard of residents and contribute to the community’s development. With a sustainable supply of clean water, the community can focus on other livelihood sources such as bamboo seeding propagation, livestock and crop farming, and even aquaculture. Having these options can inspire the community to veer away from the environmentally harmful charcoal trade. For its part, the V on Wings Cooperative pledged to set aside a portion of its

Abundant with water during the rainy season but almost dries up every summer, this well is the only source of water for the residents of Sitio Cogunan.

In one of the homes of the SLAIN 44 in the Mountain Province

income from various livelihood activities to fund the facility’s maintenance and ensure the project’s sustainability.

42

(From left) Filipina C. Laurena turns over the check donation to Sarah Gay Manuel, V on Wings Cooperative Administrator. Witnessing the turnover were Sibul local officials Laureano Ligon, Brgy. Chairman, and Remegio Sta. Ana, Brgy. Councilor.

Barangay Captain Laureano Ligon signs the Memorandum of Agreement regarding the water system project supported by ICTSI Foundation for the residents of Barangay Sibul Springs, San Miguel, Bulacan

43

2015 Citations & Recognitions

P

ICTSI CSR Statement

ICTSI: The Value of the Long View

28 January: arola Solid Waste Management Project

A

s a port developer, manager and operator, we recognize that our organization --

(PSWMP), Best New Social Technology

International Container Terminal Services, Inc. -- touches the lives of so many: individuals,

Award, Parangal sa Natatanging Kontribusyon sa

families and communities; sectors and industries; as well as local, national, intraregional

Bayan (PANATA) Awards, Department of Social

and inter-regional economies.

Welfare and Development.

From Day One of our corporate life, we have always taken the long view of

things, putting a premium on old-fashioned values of prudence, discipline and stewardship. 6 August: Certificate of Recognition, F. Bangoy

Now, as our business organization continues to grow, we are continuously translating these

National High School, Davao City.

values into their contemporary equivalent, as we work to sustain profitability accomplished with integrity, and to advocate quality of life within and beyond our organization.

28 August: Certificate of Appreciation, Bauan Technical High School, Bauan, Batangas.

Photo shows Rodolfo M. Santos, DSWD Assistant Secretary; Alicia Bonoan, DSWD NCR Director; Corazon “Dinky” Soliman, DSWD Secretary; Filipina C. Laurena, ICTSI Foundation Deputy Executive Director; Jean Ramos, Manila Department of Social Welfare representative

Good Global Citizenship Corporate social responsibility is at the core of ICTSI operations and corporate governance, encompassing relationships and commitments within the organization and beyond it. We see CSR as having positive impact through Good Global Citizenship: nurturing harmonious relationships with shareholders and employees, customers and suppliers, host communities,

30 September: Plaque of Appreciation awarded to

government units and regulatory entities, and other stakeholders. Within the organization, we

partners during the 47th Anniversary of the Nayon ng

uphold the diligent practice of Corporate Stewardship; working outward, we actively promote

Kabataan, a residential institution for abused,

Development Partnerships.

orphaned, neglected and exploited children.

Corporate Stweardship 23 October: Certificate of Appreciation from Labangal

We value Good Corporate Governance: principled and effective Corporate Stewardship of people,

National High School, Gen. Santos City.

of corporate resources, and of the environment. We are committed to:  Promoting a strong culture of excellence, integrity and professionalism among employees;  Advancing our employees' quality of life; and,

23 October: Plaque of Appreciation, awarded to partners during the 37th Anniversary of the Department of Social

 Protecting our people's health and occupational safety, while protecting the environment,

Welfare and Development National Capital Region

especially in our port operations. We welcome the continuing evolution of internationally accepted frameworks for setting,

13 November: Parola Solid Waste Management

implementing and measuring compliance with corporate governance standards and systems.

Project, Best Employment Project in the National

These frameworks shape and inform our efforts towards:  Ethical code of conduct in all aspects of the corporate organization;  Compliance with all government legislation and industry standards; and,

Capital Region, Bangon Kabuhayan Awards 2015, annual search organized by the Department of Social Welfare and Development .

 Accountability to and transparency towards all internal and external stakeholders. Ours is an ongoing work of transitioning from the simpler embedded-in-practice approach of

13 November: Parola Solid Waste Management

corporate stewardship, to formal organizational codes of conduct and systems that we can apply

Project, Special Awardee and 2nd Place, Most

across all strata of the organization, and replicate globally across all operations.

Environmentally-Friendly Project Category, Bangon Kabuhayan Awards 2015. 25 November: Plaque of Appreciation, City Social Welfare Development Office, Olongapo City.

44

Narlene A. Soriano, ICTSI Foundation Executive Director with Asuncion M. Flores, Nayon ng Kabataan Head and Natividad Canlas, Department of Social Welfare and Development – NCR Assistant Regional Director for Administration

45

ICTSI Foundation

Development Partnerships

Vision

We embrace the call for the corporate sector to become increasingly active and on-ground partners

A

in development, be it in communities or sectors. We recognize the challenge of the times: the demand for more substantive and more empowering initiatives -- Corporate Philanthropy premised, not on the charitable giving model, but on the active promotion of Development Partnerships. Three distinctives thus mark our Corporate Philanthropy perspective:  We choose to invest in the youth of today: a critical contribution holding next-generation implications.  We choose to be context-based: empowering and equipping the youth within the context of

Mission

Provide support mechanisms and stimuli in sports, education, and community welfare/social services that will

their immediate environments, such as the communities they live in, how they learn, and how

enhance youth development

they play.

Goals

 Recognizing the growing impact of environmental issues on social development, we advocate environmental stewardship within the Company and in communities, even as we support disaster response efforts. In support of government in its social development initiatives, and to contribute to the social development of host communities where ICTSI operates, we maximize multiple avenues for our Corporate Philanthropy commitment:  Through the long-standing and continuing Group-wide community and sectoral development initiatives of the Head Office and the various local and international subsidiaries;  Through the official Corporate Philanthropy arm of the ICTSI Group, the ICTSI Foundation, with its Sports Development, Education and Community Welfare program pillars; and,  Through additional selected advocacies receiving our support.

46

society that supports and advances the growth potentials of the youth

  

To develop young athletes for participation in national and international sports competitions; To provide scholarship grants and other forms of educational assistance to deserving youth; To provide skills and livelihood trainings to out-of-school-youth and other sectors of select communities; and,



To implement community welfare or social services to address needs of identified/selected/preferred communities or individual-beneficiaries.

The Foundation is prepared to take on any of these roles to help ensure the success of development partnerships that are initiated or supported by the ICTSI Head Office, ICTSI subsidiaries, other organizations, or by communities or sectors:

    

Proponent Partner Funding Institution Implementer Coordinator

47

Independent Auditor’s Report

Statements of Financial Position December 31

SyCip Gorres Velayo & Co. 6760 Ayala Avenue 1226 Makati City Philippines

Tel: (632) 891 0307 Fax: (632) 819 0872 ey.com/ph

BOA/PRC Reg. No. 0001, December 14, 2015, valid until December 31, 2018 SEC Accreditation No. 0012-FR-4 (Group A), November 10, 2015, valid until November 9, 2018

The Board of Trustees ICTSI Foundation, Inc. Room 204, 2nd Floor, ICTSI Administration Building South Access Road, Manila International Container Terminal Port of Manila Report on the Financial Statements

2015

2014

P7,813,129 614,743 8,427,872

P7,343,534 34,130 7,377,664

3,944,941 – 3,944,941

5,846,036 165,527 6,011,563

P12,372,813

P13,389,227

ASSETS Current Assets Cash (Note 5) Other current assets (Notes 6 and 12) Total Current Assets Noncurrent Assets Property and equipment (Note 7) Security deposit (Note 12) Total Noncurrent Assets

We have audited the accompanying financial statements of ICTSI Foundation, Inc., which comprise the statements of financial position as at December 31, 2015 and 2014, and the statements of activities and statements of cash flows for the years then ended, and a summary of significant accounting policies and other explanatory information.

TOTAL ASSETS

Management's Responsibility for the Financial Statements

LIABILITIES AND FUND BALANCE

Management is responsible for the preparation and fair presentation of these financial statements in accordance with Philippine Financial Reporting Standard for Small and Medium-sized Entities, and for such internal control as management determines is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

Current Liabilities Accounts payable and other current liabilities (Note 8)

P2,295,682

P2,414,915

Fund Balance

10,077,131

10,974,312

P12,372,813

P13,389,227

Auditors' Responsibility Our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits in accordance with Philippine Standards on Auditing. Those standards require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor's judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity's preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity's internal control. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of accounting estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.

TOTAL LIABILITIES AND FUND BALANCE See accompanying Notes to Financial Statements.

Statements of Activities

Opinion In our opinion, the financial statements present fairly, in all material respects, the financial position of ICTSI Foundation, Inc. as at December 31, 2015 and 2014, and its financial performance and its cash flow for the years then ended in accordance with Philippine Financial Reporting Standard for Small and Medium-sized Entities.

Years Ended December 31 2015 2014

Report on the Supplementary Information Required Under Revenue Regulations 15-2010 Our audits were conducted for the purpose of forming an opinion on the basic financial statements taken as a whole. The supplementary information on Revenue Regulations 15-2010 in Note 13 to the financial statements is presented for purposes of filing with the Bureau of Internal Revenue and is not a required part of the basic financial statements. Such information is the responsibility of the management of ICTSI Foundation, Inc. The information has been subjected to the auditing procedures applied in our audit of the basic financial statements. In our opinion, the information is fairly stated in all material respects in relation to the basic financial statements taken as a whole.

INCOME Grants, donations and pledges (Note 9) Interest income (Note 5) Unrealized foreign exchange gain - net

SYCIP GORRES VELAYO & CO.

EXPENSES Project expenses (Note 10) Administrative expenses (Note 11)

Arnel F. De Jesus Partner CPA Certificate No. 43285 SEC Accreditation No. 0075-AR-3 (Group A), February 14, 2013, valid until April 30, 2016 Tax Identification No. 152-884-385 BIR Accreditation No. 08-001998-15-2015, June 26, 2015, valid until June 25, 2018

CHANGES IN FUND BALANCE FUND BALANCE, BEGINNING FUND BALANCE, END

P51,884,060 32,551 22,040 51,938,651

P26,043,329 18,606 7,902 26,069,837

49,209,297 3,626,535 52,835,832

20,304,322 3,262,632 23,566,954

(897,181)

2,502,883

10,974,312

8,471,429

P10,077,131

P10,974,312

See accompanying Notes to Financial Statements.

A member firm of Ernst & Young Global Limited

48

49

Statements of Cash Flows

Notes to Financial Statements Years Ended December 31 2015 2014

CASH FLOWS FROM OPERATING ACTIVITIES Changes in fund balance Adjustments for: Depreciation (Notes 7, 10 and 11) Interest income (Note 5) Unrealized foreign exchange gain - net Change in fund balance before changes in working capital Increase in other current assets Increase (decrease) in accounts payable and other current liabilities Cash generated from operations Interest received Net cash flows provided by operating activities CASH FLOWS USED IN INVESTING ACTIVITIES Acquisition of property and equipment (Note 7) Increase in security deposit Net cash flows used in investing activities EFFECT OF EXCHANGE RATE CHANGES ON CASH NET INCREASE (DECREASE) IN CASH

(P897,181) 3,271,382 (32,551) (22,040) 2,319,610 (415,086) (119,233) 1,785,291 32,551 1,817,842

1,168,746 (18,606) (7,902) 3,645,121 (29,230) 1,269,137 4,885,028 18,606 4,903,634

As a non-stock, non-profit corporation, the Foundation’s income is exempt from the payment of income tax as set forth in Section 30(E) of Republic Act. no. 8424 known as “An Act Amending the National Internal Revenue Code, as Amended and for other Purposes”. However, the income of whatever kind and character from any of its properties, real or personal, or any of their activities conducted for profit regardless of the disposition made of such income shall be subject to tax imposed under the Code. The registered office address of the Foundation is Room 204, 2nd Floor, ICTSI Administration Building, South Access Road, Manila International Container Terminal, Port of Manila. The financial statements of the Foundation were approved and authorized for issuance by the Board of Trustees (BOT) on March 7, 2016. 2.

(1,370,287) – (1,370,287) 22,040 469,595

Statement of Compliance The financial statements have been prepared in compliance with Philippine Financial Reporting Standard for Small and Medium-sized Entities (PFRS for SMEs).

7,902

7,343,534

7,447,763

CASH AT END OF YEAR (Note 5)

P7,813,129

P7,343,534

Basis of Preparation and Statement of Compliance Basis of Preparation The financial statements have been prepared on a historical basis and are presented in Philippine Peso (Peso or P), which is the Foundation’s functional and presentation currency. All amounts are rounded off to the nearest Peso unit, except when otherwise indicated.

(4,850,238) (165,527) (5,015,765)

(104,229)

Foundation Information The ICTSI Foundation, Inc. (the “Foundation”) was incorporated and registered with the Philippine Securities and Exchange Commission (SEC) on May 12, 2009 but its operations officially started on January 1, 2010. The Foundation is organized and operated generally in and for the public interest; and specifically for charitable, civic, social, artistic and cultural endeavors; education youth and sports development; community welfare and development efforts and other related purposes beneficial to the national welfare. The objective of the Foundation is to support the search for training, development and competitiveness of athletes who can represent the Philippines in the national, regional and international competitions; to promote the development of sports; to foster the advancement of education; and to conduct seminars, workshops or livelihood projects in urban and rural communities.

P2,502,883

CASH AT BEGINNING OF YEAR

See accompanying Notes to Financial Statements.

1.

3.

Summary of Significant Accounting and Financial Reporting Policies Cash Cash includes cash on hand and in bank. Property and Equipment Property and equipment are stated at cost, excluding the costs of day-to-day servicing, less accumulated depreciation and any accumulated impairment loss. The initial cost of property and equipment comprises its purchase price and other directly attributable costs of bringing the asset to its working condition and location for its intended use. Such cost includes the cost of replacing part of such property and equipment when that cost is incurred if the recognition criteria are met. Depreciation starts on the succeeding month after the property and equipment are available for use and computed using the straight-line method over the estimated useful lives of the assets as follows: Office equipment Transportation equipment Office improvements Leasehold improvements

3-5 years 5 years 3-5 years 5 years or term of the lease, whichever is shorter

If there is an indication that there has been a significant change in useful life or residual value of an asset, the depreciation of that asset is revised prospectively to reflect the new expectations. An item of property and equipment is derecognized upon disposal or when no future economic benefits are expected from its use or disposal. Any gains or losses arising from derecognition of the asset (calculated as the difference between the net disposal proceeds and the carrying amount of the asset) is included in statement of activities in the year the asset is derecognized. Fully depreciated assets are retained in the accounts until they are no longer in use and no further depreciation is charged to current operations. Impairment of Property and Equipment At each reporting date, property and equipment are reviewed to determine whether there is any indication that those assets have suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset (or group of related assets) is estimated and compared with its carrying amount. If estimated recoverable amount is lower, the carrying amount is reduced to its estimated recoverable amount, and an impairment loss is recognized immediately in statement of activities. Accounts payable and other current liabilities Accounts payable and other current liabilities is part of the working capital used in the normal operating cycle of the Foundation. Other current liabilities are not settled as part of the Foundation’s normal operating cycle but are due for settlement within 12 months after the reporting date. Accounts payable and other current liabilities are recognized in the period when incurred. Other current liabilities includes accrued expenses, Social Security System (SSS)/Employees’ Compensation Commission (ECC), Philippine Health Insurance Corporation (Philhealth), Home Development Mutual Fund (HDMF) premiums payable and others. Leases The determination of whether an arrangement is, or contains a lease is based on the substance of the arrangement at inception date and requires assessment of whether the fulfillment of the arrangement is dependent on the use of a specific asset or assets or the arrangement conveys a right to use the asset, even if that right is not explicitly specified in an arrangement. The Foundation, as the lessee, does not acquire substantially all the risks and benefits of ownership of the leased asset and thus is classified as operating lease. Operating lease payments are recognized as expense in the statement of activities on a straight-line basis over the lease term.

50

51

Fund Balance Fund Balance is measured at par value for all shares issued. When the shares are sold at premium, the difference between the proceeds and the par value is credited to additional paid-in capital. When shares are issued for a consideration other than cash, the proceeds are measured by the fair value of the consideration received. In case the shares are issued to extinguish or settle the liability of the Company, the shares shall be measured either at the fair value of the shares issued or fair value of the liability settled, whichever is more reliably determinable.

5.

This account consists of:

7.

Cost Balance at beginning of year Additions Balance at end of year Accumulated Depreciation: Balance at beginning of year Depreciation (Notes 10 and 11) Balance at end of year Net Book Value

Significant Accounting Judgment, Estimates and Assumptions Judgment In the process of applying the Foundation’s accounting policies, management has made the following judgments, apart from those involving estimations, which has an effect on the amounts recognized in the financial statements: ! Functional Currency The Foundation determined its functional currency to be the Philippine Peso. The determination of functional currency was based on the primary economic environment in which the Foundation operates. ! Operating Lease Commitments - Foundation as a Lessee

Office Equipment

Transportation Equipment

2015 Office Improvement

Leasehold Improvements

Total

P1,349,343 1,297,282 2,646,625

P2,092,285 – 2,092,285

P2,572,452 – 2,572,452

P4,652,742 73,005 4,725,747

P10,666,822 1,370,287 12,037,109

1,064,209 450,308 1,514,517 P1,132,108

1,549,393 224,926 1,774,319 P317,966

– 2,347,665 2,347,665 P2,378,082

4,820,786 3,271,382 8,092,168 P3,944,941

Office Equipment

Transportation Equipment

2,207,184 248,483 2,455,667 P116,785 2014 Office Improvement

Leasehold Improvements

Total

P1,151,847 197,496 1,349,343

P2,092,285 – 2,092,285

P2,572,452 – 2,572,452

P– 4,652,742 4,652,742

P5,816,584 4,850,238 10,666,822

828,412 235,797 1,064,209 P285,134

1,130,936 418,457 1,549,393 P542,892

1,692,692 514,492 2,207,184 P365,268

– – – P4,652,742

3,652,040 1,168,746 4,820,786 P5,846,036

Fully depreciated property and equipment with cost amounting to P4.209,711 and P1,563,845 as at December 31, 2015 and 2014, respectively, are still being used in the Foundation's operations. 8.

Accounts payable and other current liabilities This account consists of:

Estimates and Assumptions The key assumptions concerning the future and other key sources of estimation and uncertainty at the reporting date that may have a significant risk of causing material adjustments to the carrying amounts of assets and liabilities within the next fiscal year are discussed below: ! Impairment of Nonfinancial Assets

Accounts payable Accrued expenses Withholding tax - compensation SSS/ECC, Philhealth, HDMF premiums payable SSS and HDMF loans payable Withholding tax - expanded Retention payable

PFRS for SMEs requires nonfinancial assets to be tested for impairment when certain impairment indicators are present. Nonfinancial assets include property and equipment. When impairment indicator exists, management is required to make estimates and assumptions to determine the future cash flows to be generated from the continued use and ultimate disposition of these assets in order to determine the value of these assets. There is no indication of impairment in 2015 and 2014 and thus, no asset impairment was recognized. The carrying amounts of property and equipment are disclosed in Note 7 to the financial statements. ! Estimated Useful Lives of Property and Equipment

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Property and Equipment

Cost Balance at beginning of year Additions Balance at end of year Accumulated Depreciation: Balance at beginning of year Depreciation (Notes 10 and 11) Balance at end of year Net Book Value

Events after the Reporting Date Post year-end events that provide additional information about the Foundation’s financial position at the reporting date (adjusting events) are reflected in the financial statements. Post year-end events that are not adjusting events are disclosed in the notes to financial statements when material.

The carrying values of property and equipment amounted to P3,944,941 and P5,846,036 as of December 31, 2015 and 2014, respectively (see Note 7).

2014 P– – 34,130 P34,130

This account consists of:

Contingencies Contingent assets and liabilities are not recognized in the financial statements. Contingent assets are disclosed in the notes to financial statements when an inflow of economic benefits is probable and recognized in the balance sheet and the related income in the statement of income when an inflow of economic benefits is virtually certain. On the other hand, contingent liabilities are disclosed in the notes to financial statements unless the possibility of an outflow of resources embodying economic benefits is remote.

Management determines the estimated useful lives and the related depreciation charges for its property and equipment based on the period over which the property and equipment are expected to provide economic benefits. Management’s estimation of the useful lives of property and equipment is based on collective assessment of industry practice, internal technical evaluation and experience with similar assets. These estimations are reviewed periodically and could change significantly due to physical wear and tear, technical or commercial obsolescence and legal or other limits on the use of property and equipment. Management will increase the depreciation charges where useful lives are less than what have previously been estimated. A reduction in the estimated useful lives of property and equipment would increase recorded expenses and decrease noncurrent assets.

2015 P429,336 165,527 19,880 P614,743

Advances to project coordinators Security deposit (Note 12) Advances to employees

Provisions Provisions, if any, are recognized when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that an outflow of resources embodying economic benefits will be required to settle the obligation and a reliable estimate can be made of the amount of the obligation. If the effect of the time value of money is material, provisions are discounted using a current pre-tax rate that reflects current market assessment of the time value of money and, where appropriate, the risks specific to the liability. Where discounting is used, the increase in the provision due to the passage of time is recognized as interest expense.

The evaluation of whether an arrangement is, or contains, a lease is based on the substance of the arrangement at inception date. An arrangement is, or contains, a lease when the fulfillment of the arrangement depends on the use of a specific asset and the arrangement conveys a right to use the asset. The Foundation, as a lessee, has determined that the lessor retains all significant risks and rewards of ownership of these properties which are on operating lease agreements.

Other Current Assets This account consists of:

Expenses Project and Administrative Expenses. Project and administrative expenses are recognized as incurred.

4.

2014 P7,278,889 64,645 P7,343,534

Cash in bank earns interest at the respective bank deposit rates. Interest income earned amounted to P32,551 in 2015 and P18,606 in 2014. 6.

Interest income. Interest income is recognized as it accrues, taking into account the effective yield on the asset.

Foreign Currency Transactions Transactions in foreign currencies are initially recorded in the functional currency rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated at the functional currency rate of exchange ruling at the reporting date. All differences are taken to the statement of activities. Nonmonetary items that are measured in terms of historical cost in a foreign currency are translated using the exchange rates as at the dates of the initial transactions. Nonmonetary items measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined.

2015 P7,803,129 10,000 P7,813,129

Cash in bank Cash on hand

Revenue Revenue is recognized to the extent that it is probable that the economic benefits will flow to the Foundation and the revenue can be reliably measured. The following specific recognition criteria must also be met before revenue is recognized. Grants, donations and pledges. Revenue from grants, donations and pledges are recognized upon pledge or receipt of the amount from the donor.

Cash

2015 P1,698,883 516,039 44,583 28,758 4,113 3,306 – P2,295,682

2014 P1,473,471 427,105 46,522 20,229 3,337 13,871 430,380 P2,414,915

Accounts payable are noninterest-bearing and are normally settled on a thirty (30) to ninety (90) day term. Retention payable pertains to retention fee for the leasehold improvements on ICTSI Foundation Multi-Purpose Hall that was paid in 2015. 9.

Grants, Donations and Pledges International Container Terminal Services, Inc. (ICTSI) and other parties make donations to the Foundation in support of its projects and activities. This account consists of: 2015 2014 Donations from ICTSI P51,620,060 P23,884,360 Donations from other parties 264,000 2,158,969 P51,884,060 P26,043,329

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Board of Trustees & Management 10. Project Expenses This account consists of: 2015 P15,003,985 12,000,921 9,562,141 4,130,288 3,037,571 2,573,277 1,005,577 588,405 353,452 340,936 220,358 116,725 275,661 P49,209,297

Sports development assistance Education Community welfare assistance Salaries and employee benefits Special projects Depreciation (Note 7) Rent expense (Note 12) Transportation and travel Utilities Institutional development program Sponsorship Professional fees Others

2014 P4,325,317 3,150,156 3,405,389 2,759,872 4,905,939 – 248,291 1,160,637 – 155,789 – – 192,932 P20,304,322

Board of Trustees

Management

Enrique K. Razon Jr.

Narlene A. Soriano

Chairman

Executive Director

Christian R. Gonzalez

Filipina C. Laurena

President

Deputy Executive Director

Effective 15 April 2016

11. Administrative Expenses This account consists of: 2015 P1,152,152 698,105 541,225 317,198 296,120 215,095 184,862 48,902 32,857 27,375 24,344 – 88,300 P3,626,535

Salaries and employee benefits Depreciation (Note 7) Professional fees Office supplies Christmas giveaways Communication SSS, HDMF, and Philhealth contributions Transportation Meals Taxes and licenses Insurance and bonds Power and light Others

2014 P955,365 1,168,746 358,512 106,139 175,188 115,506 146,104 39,029 22,612 26,573 25,338 33,235 90,285 P3,262,632

Jose C. Ibazeta Vice President Jose Manuel M. De Jesus Treasurer Atty. Silverio Benny J. Tan Auditor Effective 15 April 2016

Cesar A. Buenaventura

12. Lease Commitment In September 2014, the Foundation entered into a lease agreement with Lucky Star Holdings, Inc. for the ICTSI Foundation Multi-Purpose Hall located in Intramuros, Manila where it will serve as training and assembly venue for the Foundation’s project partners and beneficiaries. The lease shall be effective for two years commencing on October 1, 2014. The Foundation paid two months of monthly rental as security deposit amounting to P165,527 and is recognized as “Other current assets” and as “Security deposit” accounts in the statements of financial position in 2015 and 2014, respectively.

Independent Trustee Atty. Rafael T. Durian Board Secretary

The Foundation shall pay a monthly rental of P82,764 and a five percent escalation clause starting on first month of the second year of the lease term. Rent expense recognized amounted to P1,005,577 and P248,291 in 2015 and 2014, respectively (see Note 10). 13. Supplementary Information Required Under Revenue Regulations 15-2010 The Foundation reported and/or paid the following types of taxes for the year ended December 31, 2015: Taxes and Licenses Details of taxes and licenses consist of the following: Local business taxes Community tax certificate

P26,508 867 P27,375

Withholding Taxes Details of withholding taxes for the year are as follows: Withholding on compensation and benefits Expanded withholding

Paid P816,280 83,016 P899,296

Accrued 44,583 3,306 47,889

Total P860,863 86,322 P947,185

The Foundation did not incur and did not have any amount owing for the payment of documentary stamp taxes and custom duties in 2015. The Foundation did not incur and did not have any amount owing for the payment of excise taxes on locally produced excisable items and imported excisable items. The Foundation is currently not involved in any tax cases, preliminary investigations, litigation and/or prosecution in courts outside of BIR.

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ICTSI Administration Building, Manila International Container Terminal MICT South Access Road, Port of Manila, Manila 1012, Philippines Telephone: +632 245 4101 | Facsimile: +632 245 2245 Email: [email protected] | URL: http://www.ictsi.com