Jaime V. Ongpin Foundation, Inc

4th Golf for a Cause tournament generates P616,800

The much-awaited 4^th JVOFI Golf for a Cause Tournament which teed off on October 25, 2008 at the Baguio Country Club fairways generated a total amount of P592,800.00. It attracted 113 golfers from all over the Philippines.

The Golf for a Cause tournament started as a kick-off to JVOFI’s 25^th founding anniversary in 2005. Since then, the Foundation, in partnership with Texas Instruments, has been organizing golf tournaments annually to raise additional funds for its Microfinance program. The program addresses the credit needs of enterprising women of Baguio City and La Trinidad, Benguet.

These women were able to secure small loans to provide them with means to create more products, improve their services, expand their market, and ultimately increase their income and economic activities. They are engaged in buy and sell, sari-sari store, cutflower business, direct selling, leathercraft, handicraft and piggery.

An additional 265 women were assisted with the generated amount from the 3rd Golf for a Cause. At present, the program caters to 2,000 enterprising women.

Euls Austin, last year’s Champion of the Class A Men’s Division proved undefeated. Benito Ang, Ed Chan, Derek Bautista are Champions of the Class B, C and D respectively. Vadz Navarette won in the Senior Division while last year’s 3^rd Runner-up in the Ladies’ Division Vicky Hoffart grabbed the Champion trophy this year. Marianne Bustos won by default in the Junior Division.

John Marasigan of the Philippine Long Distance Telephone (PLDT) company won the Slingshot Graphite Irons (#5-PW) set worth P54,995.00 during the raffle draw. This grand prize was donated by Pacsports.

Major sponsors for this event were DHL, Globe, INGASCO, Pacsports, Philex Mining Corporation and SN Aboitiz Power-Benguet Corporation, Inc. Minor sponsors were Benguet Corporation, CCT-TOYO Consortium, CIGI, Crosslink Electric Corporation, Edgeworth Corporation, Fernando-Rosa Baustista Foundation, Kintetsu World Express, Philippine Airlines, Rural Bank of Itogon, Taikisha, Team Energy and University of Baguio. Other sponsors were Philippine Airlines, BMW Premier Cars Pampanga, Baguio Country Club, Mario's, Sizzling Plate, Metrobank & Trust Co., PSBank, Laser Marketing, and MetroDrug.

Thank you!

Please continue supporting our cause.

ANNOUNCEMENT:

For 5th golf for a cause photos please follow this link: golf4acause.multiply.com

For the official release please follow this link: 5th golf for a cause results

Annual Report 2008-2009

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