Filipinos in New Forbes Heroes List


[SIZE=2]Four Filipinos--Jaime Zobel de Ayala, John Gokongwei, Ramon del Rosario Jr., Oscar Lopez--made it to Forbes Asia magazine’s first Heroes of Philanthropy list. [/SIZE]

[SIZE=2]Forbes Asia chose four philanthropists each from 13 selected countries and territories in the Asian region to highlight the rising investments being made in corporate altruism. [/SIZE]

[SIZE=2]Gokongwei, founder and chairman emeritus of JG Summit Holdings, was cited for his August 2006 decision to give half of his shares in his holding company, worth US$200 billion then, to Gokongwei Brothers FoundatinoN (GBF).[/SIZE]

[SIZE=2]It is the Philippines "largest-ever" donation for an altruistic cause, Forbes Asia said. [/SIZE]

[SIZE=2]The GBF funded the first group of 34 Filipino postgraduates studying language and culture in Beijing. [/SIZE]

[SIZE=2]Ramon del Rosario Jr., president of Philippine Investment Management Inc. (PHINMA), was acknowledged for his campaign to raise $25 million for the Philippine Business for Social Progress' Pinoy Micro-Enterprise Social Investment Fund, which extends loans to poor families. [/SIZE]


[SIZE=2]Jaime Zobel de Ayala, chair and CEO of Ayala Corp., was praised for Ayala Foundation's efforts in improving elementary education, environmental protection, expanding access to technology, and supporting arts and culture. [/SIZE]

[SIZE=2]Oscar Lopez, chair of the Lopez Group Foundation, was cited, among others, for the Lopez family's decision to donate 14 hectares of the family's land to 116 families who suffered from the country's worst oil spill in Guimaras island in central Philippines in 2006.[/SIZE]




[SIZE=2][SIZE=2]Related Stories [/SIZE]
[SIZE=2]• 48 Asian Altruists[/SIZE]
[SIZE=2]• Ramon Del Rosario Jr.[/SIZE]
[SIZE=2]• John Gokongwei Jr. [/SIZE]
[SIZE=2]• Oscar M. Lopez[/SIZE]
[SIZE=2]• Jaime Augusto Zobel de Ayala II[/SIZE]


Forbes Asia's first Heroes of Philanthropy list is in its March 10 issue. [/SIZE]


[SIZE=2]Forbes is a major international business magazine, and Forbes Asia is one of its eight local-language editions. #[/SIZE]

[SIZE=1]source: www.abs-cbnnews.com[/SIZE]
[SIZE=1]Feb.28, 2008[/SIZE]

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