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Foundations
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SEC Issuances
Memorandum Circulars
- MC No. 28 s.2020
Requirement for Corporations, Partnerships, Associations, and Individuals to Create and/or Designate E-mail Account Address and Cellphone Number for Transactions with the Commission 27 October 2020 - MC No. 25 s.2019 – 2019 Guidelines for the Protection of SEC Registered Non-Profit Organizations from Money Laundering and Terrorist Financing Abuse (“2019 NPO Guidelines”) 27 December 2019
- MC No. 15 s.2019 – Amendment of SEC Memorandum Circular No. 17, Series of 2018 on the Revision of the General Information Sheet (GIS) to include Beneficial Ownership Information (“2019 Revision of the GIS”) 26 July 2019
- MC No. 13 s.2019 – Amended Guidelines and Procedures on the Use of Corporate and Partnership Names 21 June 2019
- MC No. 17 s.2018 – Revision of the General Information Sheet (GIS) to Include Beneficial Ownership Information 28 November 2018
- MC No. 15 s.2018 – Guidelines for the protection of SEC Registered Non-Profit Organizations from Money Laundering and Terrorist Financing Abuse (“NPO Guidelines”) 9 November 2018
- MC No. 15 s. 2016 – Submission of the Sworn Statement and COEP 13 September 2016
- MC No. 10 s. 2016 – Guidelines on the Issuance of Certification on the Nationality of Non-Stock Corporations 29 July 2016
- MC No. 6 s. 2016 – Omnibus Guidelines on Principal Office Address; Address of Each Incorporator, Director, Trustee or Partner 13 June 2016
- MC No. 5 s. 2016 – Removing the Periods for Filing Petitions to Set Aside Orders of Revocation or Orders Suspension of Corporations for Failure to Comply with the Reportorial Requirements 13 June 2016
- MC No. 15 s.2014 – RE : Filing of Sworn Statement and Certificate of Existence of Project Separate from the Filing of Financial Statements. 28 June 2014
- MC No. 4 s.2013 – RE : Amendment of Part I, Paragraphs 4(A) & (B) of SRC Rule 68, as amended 7 March 2013
- MC No. 8 s.2009 – RE : Scale of Fines for Non-compliance with the Financial Reporting Requirements of the Commission 24 June 2009
- MC No. 8 s.2006 – RE : Revised Guidelines on Foundations 22 June 2006
- MC No. 6 s.2005 – RE : Consolidated Scale of Fines 22 September 2005
Notices
- REMINDER ON THE MANDATORY DISCLOSURE FORM (MDF) SUBMISSION FROM SEPTEMBER 1, 2022 ONWARDS 2 September 2022
- MANDATORY DISCLOSURE FORM (MDF) SUBMISSION FROM SEPTEMBER 1, 2022 ONWARDS 10 August 2022
- REVISED GUIDELINES ON THE SUBMISSION OF DOCUMENTS, ISSUANCE OF PAYMENT ASSESSMENT FORM, OTHER REQUESTS AND COMPLIANCE 14 May 2021
- GUIDELINES IN THE ACCOMPLISHMENT AND SUBMISSION OF SWORN STATEMENT OF SOURCES, AMOUNT AND APPLICATION OF FUND (SS) AND CERTIFICATE OF EXISTENCE OF PROGRAM/ACTIVITY (COEP) 18 April 2013
Advisories
- SEC CDO CASE NO. 05-22-090
In the matter of: AZTRAZION NOBLE TASK COMMUNITY FOUNDATION, ASTRAZION GLOBAL HOLDINGS PHILIPPINES, INC. and AZTRAZION INTERNATIONAL Petitioner-Movant, versus-
ENFORCEMENT AND INVESTOR PROTECTION DEPARTMENT, Respondent. 11 August 2022 - ASTRAZION INTERNATIONAL, ASTRAZION NOBLE TASK COMMUNITY FOUNDATION and ASTRAZION GLOBAL HOLDINGS INC.
ASTRAZION INTERNATIONAL, ASTRAZION NOBLE TASK COMMUNITY FOUNDATION and ASTRAZION GLOBAL HOLDINGS INC. are NOT AUTHORIZED to solicit, accept or take investments/placements from the public 3 February 2022 - XUM TOKEN, XUMCOIN, UmcUSDTbot (now, XUM/USDT/BOT), XUM CHAIN, XUMEX (World Crypto Asset Exchanger), XUM EXCHANGER and XUM EXCHANGE LTD
MASA MART FOREX GENERAL TRADING, MASA FOREX GENERAL TRADING LLC., MASA MART FOREX GENERAL TRADING LLC-UAE as “MASA FOREX,” XUM EXCHANGE LTD. and XUM FOUNDATION, are NOT REGISTERED as a corporation or partnership with the Commission and have NO SECONDARY LICENSE to solicit, accept or take investments/placements from the public 21 June 2021 - RGS WORLD MARKETING CORP.
The public is advised NOT TO INVEST or STOP INVESTING in any investment scheme being offered by any individual or group of persons allegedly for or on behalf of RGS WORLD MARKETING CORP., RGS ONLINE SHOP/RGS ONLINE MARKETING and RGS FOUNDATION 2 March 2021 - PRESIDENT: RODRIGO DUTERTE CHARITY FOUNDATION with Bangko Sentral ng Pilipinas “Handog Maagang Pamasko Pangkabuhayan” and “Handog Pangkabuhayan PRESIDENT: RODRIGO DUTERTE CHARITY FOUNDATION is NOT REGISTERED with the Commission as a Corporation 18 November 2020
- ST. JOHN OF JERUSALEM KNIGHTS OF MALTA FOUNDATION/THE SAINT JOHN OF JERUSALEM KNIGHTS OF MALTA FOUNDATION OF THE PHILIPPINES, INC.
The public is hereby WARNED that ST. JOHN OF JERUSALEM KNIGHTS OF MALTA FOUNDATION OF THE PHILIPPINES, INC.’s Certificate of Registration as a corporation was REVOKED on 3 February 2003 for non-compliance with SEC annual reportorial requirements. 30 June 2020 - CENTRIC CORP, LTD. and CENTRIC FOUNDATION (CENTRIC), the developer of CENTRIC RISE and CENTRIC CASH
CENTRIC CORP., LTD. and CENTRIC FOUNDATION including its CENTRIC RISE and CENTRIC CASH are NOT REGISTERED with the Commission and OPERATE WITHOUT THE NECESSARY LICENSE AND/OR AUTHORITY to solicit, accept or take investments/placements from the public nor to issue investment contracts and other forms of securities defined under Section 3 of the Securities Regulation Code (SRC). 9 June 2020 - WON PROJECT, WON NETWORK, and WON FOUNDATION (WON PROJECT)
WON PROJECT and its WONCOIN are NOT REGISTERED with the Commission and OPERATES WITHOUT THE NECESSARY LICENSE AND/OR AUTHORITY to solicit, accept or take investments/placements from the public nor to issue investment contracts and other forms of securities defined under Section 3 of the Securities Regulation Code (SRC). 6 May 2020 - PRESIDENT: RODRIGO DUTERTE CHARITY FOUNDATION
This ADVISORY is prompted by information received by the Commission on the proliferation of a TEXT SCAM using the name of the President. 2 April 2020 - NON-STOCK CORPORATIONS, ASSOCIATIONS, AND FOUNDATIONS in Zamboanga City
NON-STOCK CORPORATIONS, ASSOCIATIONS, AND FOUNDATIONS in Zamboanga City are not authorized to offer or solicit investments and/or securities from the public. 16 March 2020 - UPDATED ADVISORY ON NORTH EAST LUZON FOUNDATION, INC. 31 January 2019
- LETS PHILIPPINES HUMANITARIAN FOUNDATION 8 September 2017
- Golden Heart Helping Hand Foundation 22 March 2017
- ANG BAGONG LAHING FILIPINO DEVELOPMENT FOUNDATION, INC. 11 June 2015
- RECANELI PHILS. INTL. FOUNDATION INC. and PHILS. RECANELI MOTHER INTL. FOUNDATION THE VOICE FOR GLOBAL SOLUTIONS ON POVERTY 22 May 2015
- North East Luzon Foundation, Inc. 4 June 2013
Opinions
- Opinion No. 06-22
RE : Foundations are not allowed to issue securities including pre-need plans 7 January 2020 - Opinion No. 07-13
RE : Interpretation of Section 5 of the Revised Guidelines on Foundations 7 January 2020 - Opinion No. 11-47
RE : Foreign donation to domestic foundation 18 December 2019
Decisions
- SEC En Banc Case No. 08-15-383
IN THE MATTER OF: CANADIAN AMERICAN EDUCATION FOUNDATION, INC. CAROLINA DAVID LOPEZ, Complainant-Appellant, vs. CANADIAN AMERICAN EDUCATION FOUNDATION, INC., Respondent-Appellee. 6 October 2020 - SEC-OGC Case No. 12-11-140
Petition for Revocation of Certificate of Registration of COMMUNITY ASSOCIATES HABITAT FOUNDATION INC. (CAHAFI), dated 5 December 2011, filed by the then Enforcement Protection Department, now Enforcement and Investor PRotection Department. 8 January 2020 - SEC Adm. Case No. 01-11-126
Camino Moncado Philippines Foundation, Inc. 7 January 2020 - SEC Adm. Case No. 08-07-110
Jose G. Badilla et. al.vs. Luz Balderaz Gonzales Foundation, Inc. 7 January 2020 - SEC Adm. Case No. 01-08-91
North East Luzon Foundation 7 January 2020 - SEC Adm. Case No. 07-10-206
T.D. & S Hope Christian Academy Foundation, Inc. 7 January 2020 - SEC Adm. Case No. 01-07-85
Gerardo Lacaya Santiago, Sr. Foundation, Inc. 7 January 2020
Resolutions
- SEC CDO CASE NO. 05-22-090
In the matter of: AZTRAZION NOBLE TASK COMMUNITY FOUNDATION, ASTRAZION GLOBAL HOLDINGS PHILIPPINES, INC. and AZTRAZION INTERNATIONAL Petitioner-Movant, versus-
ENFORCEMENT AND INVESTOR PROTECTION DEPARTMENT, Respondent. 11 August 2022 - SEC Admin Case No. 08-11-131
Shema United Development Intl. Foundation, Inc and Shema United Harvesters Foundation, Inc. 4 October 2012
Cease and Desist Orders
- SEC CDO CASE NO. 05-22-090
In the matter of: AZTRAZION NOBLE TASK COMMUNITY FOUNDATION, ASTRAZION GLOBAL HOLDINGS PHILIPPINES, INC. and AZTRAZION INTERNATIONAL Petitioner-Movant, versus-
ENFORCEMENT AND INVESTOR PROTECTION DEPARTMENT, Respondent. 11 August 2022 - ROYAL O’ CONSULTANCY SERVICES OPC; ROYAL O’ INTERNATIONAL IMPORT AND EXPORT OPC; OROMAGNET INTERNATIONAL EGAMES OPC; PLASMATECH MEDICAL SUPPLIES TRADING; ROYAL O DRY GOODS TRADING; PRINCESS JOANA JO ALFAJID FOUNDATION; PRINCESS JOANA JO ALFAJID CAMPOS; GRETCHEN AGUAS; SCELNNA M. JIMENEZ; CHRISTOPHER “TOFFY” DIMAGUILA; CHRISTOPHER “ACE” TUNDAG; and HONEYLYN GRACE ISRAEL 12 August 2021
Order of Revocation
- ASTRAZION NOBLE TASK COMMUNITY FOUNDATION and ASTRAZION GLOBAL HOLDINGS PHILIPPINES INC. 4 November 2022
- Assumption Class of 1971 Foundation, Inc.
EIPD 8 January 2017 - Dalangpan Sang Amon Utod Kag Kasimanwa Foundation Inc.
CRMD 12 September 2014 - Countrywide and Rural Economic Development (CARED) Foundation Inc.
CRMD 26 August 2014 - C.P.E.F. Caring Foundation, Inc.
CRMD 11 July 2014 - Center for Mindoro Integrated Development Foundation, Inc.
CRMD 11 July 2014 - Our Lady’s Foundation, Inc.
CRMD 11 June 2014 - Tanglaw Para Sa Magsasaka Foundation, Inc.
CRMD 11 June 2014 - Ang Bagong Lahing Filipino Development Foundation, Inc. 3 July 2008
- Final List of 2007 Registered Corporations for Revocation of Certificate of Incorporation
CRMD 9 December 2007
OTHER ISSUANCES
- FINANCIAL REPORTING BULLETINS (REVISED AS OF 2022) 18 January 2022
- 2017 FINANCIAL REPORTING BULLETIN NO. 20 S. 2017 16 December 2019
- REVISED SECURITIES REGULATION CODE (SRC) RULE 68, 2019 3 December 2019
- 2016 SEC Rules of Procedure 3 November 2019
- SEC FINANCIAL REPORTING BULLETIN NO. 17 SERIES OF 2013 7 March 2013