Lopez Holdings

 

Sky Foundation Gets P40 million from Lopez Group
The Lopez Group will donate some P40 million to Sky Foundation, Inc. (SFI) to help its fledgling Knowledge Channel reach more schools nationwide. The Knowledge Channel seen on SkyCable Channel 41 airs 15 hours of curriculum-based educational programs.

It was established by SFI in partnership with the Department of Education, Culture and Sports (DECS). SFI is seeking private donors to fund the cabling of public elementary and high schools nationwide.

Lopez Group chairman Oscar Lopez said the contribution is part of the Group's commitment to high quality education. Publicly-listed companies Benpres Holdings Corporation and First Philippine Holdings Corporation will each give P20 million to fulfill the pledge.

The Lopez Group's support for educational institutions and programs continues a family tradition. The late patriarch, Don Eugenio Lopez, Sr. donated the land on which the Asian Institute of Management now stands. More recently, the Group donated the land for the Ateneo Professional Schools now located in Rockwell Center. In addition, the Group supports many scholars among underprivileged youth, putting them through school under the auspices of The Philippine Asia Foundation.

SFI's sister-foundation, ABS-CBN Foundation, Inc. (AFI) has been producing local educational television (ETV) shows for mandatory viewing in public schools since 1994. The ETV material has been shown to improve learning among student-viewers. AFI-produced programs are seen on ABS-CBN Channel 2 and on the Knowledge Channel.

SFI's vision is to provide universal access to quality and relevant education through the creative use of technology. It serves as the social development arm of Sky Vision Corp. and the SkyCable Group of Companies. The new donation will add to the P30-million seed fund earlier provided by SkyCable. The seed fund was used to purchase programs for the Knowledge Channel and to cable 34 Metro Manila schools included in an ongoing SFI-DECS pilot test. 

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Lopez Holdings Corporation (formerly Benpres Holdings Corporation)
4/F Benpres Building, Exchange Road, 1605 Pasig City, Philippines

  • Trunkline: (632) 449-2345
  • Fax: (632) 634-3009
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