ABOUT THE COMPANY
ABS-CBN FOUNDATION, INC.
ABS-CBN Broadcasting Corporation, already a communications giant in Asia, made a corporate commitment to the public by establishing the ABS-CBN Foundation, Inc. (AFI) in the Philippines. Duly incorporated and registered with Securities and Exchange Commission with SEC. Reg. No. 165508 on July 5, 1989, AFI is a non-stock, non-profit organization. Initially, the AFI was asked to produce television programs for charitable and educational purposes. Its chief concerns then were to generate welfare funds by broadcasting the situations of those in dire need of assistance and ensuring the proper allotment and utilization of solicited help.