The Multinational Foundation, Inc. is a non-stock non-profit organization established and registered with the Securities and Exchange Commission in March 15, 1974 by a group of incorporators who were interested in implementing rural, urban and social development programs. It is a Corporate Foundation.Its main office is located at 22nd Floor, Multinational Bancorporation Centre, 6805 Ayala Avenue, Makati City. The Foundation has 2regular staff, 7 volunteers (seconded from Multinational Investment Bancorporation 5 members of the Board of Trustees.
It was first certified for 3 years on September 12, 2002 and which ended on September 11, 2005. First Renewal was for 3 years on August 10, 2006 and which ended on August 9, 2009. Second Renewal was for 3 years on August 24, 2010 and which ended on July 1, 2013. The renewal of their certification was delayed due to SEC amendment and DSWD registration (the initial documents was received last September 6, 2013, and completed only in September 17, 2015).
Its purposes, among others, are “to provide technological input to encourage and promote social progress and economic growth in the rural and urban areas; to develop social capital for equitable and sustainable programs; and to advocate agribusiness and countryside development through pertinent science and technology including management; to fund geriatric daycare services, economic and livelihood opportunities, home education and scholarship programs, donation of books and reference materials to school libraries”. The foundation’s programs focused on the following: (1) AgriBusiness and Countryside Development advocacy (ABCD)-weekly forum; (2) Home Education and Livelihood (HEAL)-education program for the out of school youth; and (3) funding the Geriatric Daycare Services, Scholarship, and Books Trust to school libraries.