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PAGCOR provides US$331,000 in financial grants to local beneficiaries

Newsdesk by Newsdesk
Thu 20 Oct 2022 at 03:07
PAGCOR provides US$331,000 in financial grants to local beneficiaries
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Philippines gaming regulator PAGCOR said it has turned over Php19.5 million (US$331,000) in financial grants to various organizations and local government institutions as part of its Corporate Social Responsibility mandate.

The recipients include the Kaginhawaan Development Institute, Inc (KDI), Organization of Student Services Educators, Inc (OSSEI), Wounded Soldiers Agriculture Cooperative (WSAC), Provincial Government of Isabela and Barangay Bautista, City of San Pablo, Laguna.

Of the Php19.5 million in donations, the lion’s share of Php12.5 million (US$212,000) went to the Davao-based KDI and will be used for the Integrated Livelihood Expansion for Marketing and Agri-Learning Program that KDI is spearheading, PAGCOR explained.

KDI is a non-stock, non-profit organization that caters to poor farmers, fishermen, indigenous people, women and children, and implements projects on disaster relief in the Davao Oriental province.

Another Php1.83 million (US$31,000) was donated to Batangas-based cooperative WSAC, to be used for the procurement of a service van. Founded in 2018, WSAC members are disabled soldiers who were wounded in action. WSAC facilitates livelihood and skills training for wounded soldiers in their five-hectare headquarter in Nasugbu, Batangas.

The cooperative also conducts computer training and domestic appliance repair for wounded soldiers who wish to go back to service, with the goal being to equip them with skills that will help them continuously become productive in spite of their disability.

The University of the Philippines (UP) Diliman – based OSSEI, the Provincial Government of Isabela and Barangay Bautista in San Pablo, Laguna received financial grants from PAGCOR worth Php2.46 million (US$42,000), Php2.36 million (US$40,000) and Php366,400 (US$6.200), respectively.

The donation to OSSEI will be utilized for the procurement of various hospital equipment for the UP Health Service, while the Provincial Government of Isabela will use the grant for the procurement of oxygen concentrators with nebulizer for various hospitals in the province and Barangay Bautista to procure 10 laptop computers, a desktop computer and three units of printer with scanner for the Fernando A. Quisumbing Elementary School.

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The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

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