P&A Foundation, Inc. is a non-stock, non-profit organization incorporated with the Securities and Exchange Commission (SEC) on June 18, 2003. Its incorporators are key partners of Punongbayan and Araullo Certified Public Accountants. It is a corporate Foundation. Its main office is located in 20th floor, Tower 1, The Enterprise Center, 6766 Ayala Avenue, Makati City. The organization has more than 100 volunteers; 1 full-time seconded staff; 2 part-time seconded staff and 5 members of the Board of Trustees.
This is the Foundation’s second renewal for PCNC Certification. It was granted 1-year certification for donee institution status on October 19, 2010 which ended on August 25, 2011. On its first renewal, it was granted another 1-year certification on September 11, 2012 which ended on July 25, 2013.
Its purposes, among others, are “to grant scholarship awards as a means of financial assistance, to individuals whose financial means are inadequate to support their education, particularly, in B.S. Accountancy”, “to sponsor fora, seminars, workshops and the upgrading or modernization of existing facilities of schools, colleges and learning institutions and to provide enhancements, development and promotion of the interest of the accounting profession”, and “to be involved in the enabling of non-government, private, voluntary and people’s organizations into a sector capable of delivering developmental initiatives’.
The Foundation’s programs/projects now focus on the following areas: Education such as scholarship grants & support for trainings/education on accounting curriculum to partner schools, Health & Nutrition; Infrastructures; Disaster and Relief.