Vision

“A viable and leading social development arm of PASAR actively working with target communities attains improved and sustainable quality of life.”

Mission

Empowering the youth to attain excellence in community leadership, have access to quality education and develop viable skills; Pursue programs and activities geared towards the development, protection and conservation of the environment. Pursue poverty alleviation in specific communities through integrated and lasting solutions.

History

PASAR Corporation, in its overall business strategy of promoting harmonious relations with communities to advance long term industrial peace and healthy working environment, recognizes some social and economic challenges in its host communities that need to be addressed. Fully aware of its social responsibility, the company desires to help but also is conscious that the problems require the help of everybody especially the local people that are primarily affected by building their capacities and cultivating self-reliance.

 

Understanding that a foundation can be an effective response, PASAR supported the formation of PASAR Foundation and its registration in 2004 at the Securities and Exchange Commission. The company sees PASAR Foundation Inc. as a vehicle to vigorously pursue its corporate social responsibility at a sustained level. The foundation becomes a permanent   institution focus on social development that has the capacity to reach more poor communities and upscale its impact by optimizing the company’s contribution while at the same time leverage and/or access financial and other resources from partners, institutions and individuals who believe in its vision and mission.

MEMBERSHIP IN NETWORKS AND AFFILIATIONS

PASAR Foundation, Inc. is registered in the Bureau of Internal Revenue as a Donee institution, a member of the Philippine Council for NGO Certification (PCNC), the League of Corporate Foundations (LCF), a partner of the Philippine Business for Social Progress in the Visayas, duly accredited as a Resource Agency by the Department of Social Welfare & Development in Region 8 and active member of Area Based Standard Network (ABSNET) in province of Leyte.          

 

Annual REport 2014

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