AY Foundation

AY Foundation (AY) is a charity foundation based in Philippines, that was established with the aim of Welfare for the Society. The foundation is focused in Child Development, Woman Empowerment, Old-Age Home & Also Provides Relief during Pandemic all across the Philippines.
History.
The AY Foundation, Inc. (AYF) was founded in 1970 by Alfonso Yuchengco as the Bayanihan Foundation to administer an educational fund for the children of Grepalife employees and sales associates. It was renamed A Wise Foundation in 1983. The foundation was renamed AY Foundation, Inc in 1988.
Vision and mission.
The AY Foundation formulates its vision as follows:
The AY Foundation has given itself the following mission:
Goals and activities.
The foundation formulates as its goal to "provide educational assistance to financially needy but deserving Filipino youth, especially members of the indigenous groups, center-based street children, and dependents of employees of the YGC companies".
It has several social development programs that focus mainly on education, health and nutrition. They relate to:
Scholarship.
The foundation awards scholarship grants to street children, to indigent children, and to dependents of YGC employees.
Medical Mission.
AYF has performed more than 11,000 surgical procedures and more than 62,000 medical consults in various parts of the Philippines.
National Discipline Award.
In 1990, AYF established the National Discipline Award, which aims to give recognition to graduating high school students who consistently exemplify the virtue of discipline in school and in the community.
Blessed Teresa of Calcutta Award.
The Blessed Teresa of Calcutta Award, known up to 2003 as the Mother Teresa Award, was launched in 1983. The award recognizes individuals who dedicate most of their lives to helping the "poor of the poor".
Awardees have been:
Funding.
As a corporate foundation, AYF is funded, at least in part, by donations from the businesses of the Yuchengco Group of Companies.