GT Foundation, Inc

Since its inception in 2009, GT Foundation, Inc. (GTFI) has striven to pursue the philanthropic objectives of Dr. George S.K. Ty and family while investing in strategic programs that advance the development of underprivileged communities.

GTFI, in partnership with Metrobank Foundation Inc. (MBFI), held the annual Bags of Blessing (BOB) project. Ushering in the Chinese New Year through the spirit of giving, Php10.0 million worth of food packages were distributed to 10,000 families in 18 cities and provinces nationwide.

A brainchild of Metrobank Group founder and chairman Dr. George S.K Ty, BOB is a series of nationwide gift-giving activities held to welcome the lunar new year. Instead of “ang-paos”—red envelopes containing monetary gifts—bags containing assorted food items are distributed to underprivileged families. In support of the government’s anti-poverty programs, beneficiaries were selected from the Listahanan, a database of poor families in the Philippines managed by the Department of Social Welfare and Development.

Over 1,800 volunteer-employees from subsidiaries of GT Capital Holdings, Inc. and the Metrobank Group assisted in the nationwide activities. The Armed Forces of the Philippines and the Philippine National Police also served as partners, providing logistical support and security, respectively.

In acknowledgement of these efforts, the 2017 Bags of Blessing received a Silver Award in the 52nd Anvil Awards as well as a Merit Award during the Philippine Quill Awards.

GTFI and the Ateneo de Manila University held the inaugural blessing of the George S.K. Ty Learning Innovation Wing last September 12, 2017 in Quezon City. One of two major buildings in the Ateneo’s iconic hub, The Areté, the George S.K. Ty Learning Innovation Wing was made possible through a donation from the Ty family foundation.

Consistent with the passion of Dr. Ty for championing quality education, the three-floor academic wing houses non-traditional classrooms and laboratories, creative spaces, performing arts studios, as well as the Ateneo-Cordon Bleu Culinary Institute. It will be a multi-disciplinary learning environment that will serve as a venue to address the needs and concerns of the 21st century such as poverty, disaster risk reduction, peace, and urban congestion, among others.

The Areté, Greek for excellence, goodness, and virtue, is the Ateneo’s iconic creativity complex, envisioned as a center for cultivating the spirit of creativity and innovation among students.

The GTFI Scholarships for Technical Vocational Education Program (STEP) recognizes technical vocational education training as an effective tool in poverty reduction as it equips young people not only with vocational skills, but also a broad range of knowledge and attitudes that are now recognized as indispensable for meaningful participation in work and life.

GTFI continued to strengthen STEP with the addition of 80 scholarship slots in 2017. With its three partner institutions—Dualtech, Don Bosco, and Toyota Motor Philippines School of Technology—261 students have benefitted from STEP. In 2017, 24 scholars graduated and are now gainfully employed, while 100 scholars are expected to complete their training in 2018.

In line with its firm and continuous commitment to contribute to quality education in the country, a grant facility to improve technical vocational education training facilities was also established. Fr. Pierre Tritz Institute – ERDA Tech was granted Php5.0 million for the construction of the Industrial Electricity room in their new Tanauan, Batangas campus, expected to be completed by 2019.

In partnership with the Manila Doctors Hospital (MDH), GTFI was able to further its cause in the area of health. In 2017, the Foundation supported a medical surgical mission in the Cordilleras and La Union which benefitted 15 patients with complex otorhinology cases and 109 patients with dermatological issues.

Two new in-house surgical programs were also initiated in 2017 through MDH—PATH and GREAT Health. Under PATH or Pain Alleviation through Treatment of Hernia, MDH doctors performed surgery on patients with hernia. On the other hand, GREAT HEALTH or Gallstone Removal for Eliminating Adverse Threats to Health saw surgeons removing the gallstones of patients unable to afford the cost of such an operation.

Continuing its partnership with Cure Philippines Inc., GTFI supported surgical procedures and the rehabilitation of ten children suffering from repairable diseases such as clubfoot and cleft lip and palate.

In response to the crisis in Marawi, GTFI provided Php2.0 million in assistance to families of soldiers killed in action. The amount also went towards the distribution of care packs to 5,000 uniformed personnel in the cities of Iligan and Cagayan de Oro from 18-21 June 2017. These efforts were facilitated through Go Negosyo Kapatid for Marawi under the leadership of the Office of the Presidential Adviser, Mr. Joey Concepcion.

Working with the Office of the President of the Philippines, the Foundation also provided close to Php10.0 million worth of groceries in support of soldiers and police officers who fought during the Marawi siege.


Back to Top