August 31, 2005
Springboard Foundation, Inc.
2/F Interadent Building
Pascor Drive, Sto. Nino
Dear Ms. Helbig,
Greetings from the Ayala Foundation USA!
In behalf of our President, Mrs. Victoria P. Garchitorena, we are glad to inform you that the Board of Trustees of the Ayala Foundation USA has recently approved your grant eligibility application and project proposal.
In this regard, we can now formally start our partnership in raising the funds you need for your project. Concretely this would mean, you may1. now inform your friends and benefactors in the US about your project and request them to donate to the cause you are raising funds for through Ayala Foundation USA. Likewise, on our part, it would mean, we will already start featuring articles about your project in the E-bulletin and other media outlets we have.
As an added feature to this partnership, we offer technical assistance aimed at helping you come up with a communications and fund-raising plan. This is essentially a session geared towards creating effective campaign messages that would guarantee positive response to your campaign for funds in the US. This session would also establish further other tasks pertinent to our partnership. Please feel free to contact us if you think you have a need for this service.
We further request that you inform your donors that they can send their contribution to your projects in the following ways:
|1. Issuing checks payable to “Ayala Foundation USA” and sent to:
|2. IssuingIssuing checks payable to “BPI Express Remittance FAO Ayala Foundation-USA Account No. 0381-0126-38 and sent to:
As soon as we get the donation, our Foundation shall issue official as well as acknowledgment receipts. These documents are important for your donors when they file claim for tax deduction. We shall also inform you of any donations received and transfer them to your account as grant following the mode specified in your grant eligibility application form. Donations shall be subjected to 1% service fee to cover bank charges, monitoring costs, etc.
As recipient organization, we shall request you to submit your project progress and financial reports in a reasonable period after receipt of first donation. Your submission of reports will allow us to constantly provide project updates to our donors and encourage them to keep on supporting Philippine-based projects.
For further questions please do not hesitate to contact Ms. Chiara Cruza at telephone number (02) 752-1064. You may also email her at firstname.lastname@example.org
MARIO A. DERIQUITO