SIXTEENTH CONGRESS OF THE REPUBLIC 
OF THE PHILIPPINES 
Second Regular Session 
SENATE 
Senate Bill No. 
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2572 
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j~N 7.0 P 1 :57 
INTRODUCED BY SEN. JINGGOY EJERCITO ESTRADA 
AN ACT 
CREATING 
A 
PUBLIC 
CORPORATION 
TO 
BE 
KNOWN 
AS 
THE 
FOUNDATION FOR THE ENCOURAGEMENT OF GIFTED AND TALENTED 
CHILDREN AND YOUTH, AND TO DEFINE ITS POWERS AND PURPOSES, 
AND FOR OTHER PURPOSES 
EXPLANATORY NOTE 
Our Constitution mandates that the State shall respect the role of 
independent people's organization to enable the people to pursue and protect, 
within the democratic framework, their legitimate and collective interest and 
aspirations through peaceful and lawful means. The Constitution also states its 
support fro the indigenous and appropriate scientific and technological 
capabilities to the end that it may be applied to the nation's productive systems 
for the growth and development of our country. 
Realizing this, I believe that it is certainly time to establish a public 
corporation to be known as the Foundation for Encouragement of Gifted and 
Talented Children and Youth to promote and develop the special abilities and 
aptitudes of our youth. 
For the youth who shall inherit the earth, may this bill help develop their 
skills and expertise to the fullest so our country and people can prosper. 
Senator 


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SIXTEENTH CONGRESS OF THE REPUBLIC 
OF THE PHILIPPINES 
) 
) 
) 
Second Regular Session 
SENATE 
Senate Bill No. 2572 
INTRODUCED BY SEN. JINGGOY EJERCITO ESTRADA 
AN ACT 
t ! , 
, 
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U~thrl' ,f i';I' :."r' -rfl..'1rl! 
, [ 
JAN 20 P 1 :57 
CREATING 
A 
PUBLIC 
CORPORATION 
TO 
BE 
KNOWN 
AS 
THE 
FOUNDATION FOR THE ENCOURAGEMENT OF GIFTED AND TALENTED 
CHILDREN AND YOUTH, AND TO DEFINE ITS POWERS AND PURPOSES, 
AND FOR OTHER PURPOSES 
Be it enacted by the Senate and House of Representatives of the Philippines in 
Congress assembled: 
SECTION 1. National Policy and Principles. It is hereby declared to be 
the national policy of the State to respect the role of independent people's 
organization to enable the people to pursue and protect, within the democratic 
framework, their legitimate and collective interests and aspirations through 
peaceful and lawful means. 
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SEC. 2. Establishment of the Foundation for the Encouragement of 
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Gifted and Talented Children and Youth. It is hereby establish the Foundation 
10 for the Encouragement of gifted and Talented Children and Youth. The said 
11 corporation will have the powers of perpetual succession, to sue and be sued; to 
12 contract and be contracted with; to acquire, own, lease, convey and dispose of 
13 such real and personal estate, land grants, rights and chooses in action as shall 
14 be necessary for corporate purposes, and to accept and receive funds, real and 
15 personal property by gift, device, bequest or other means, to conduct fund-raising 
16 activities; to adopt the and use a seal, and the same to alter and destroy; to have 
17 offices and conduct its business and affairs in Metropolitan Manila and in the 
18 regions, provinces, cities, municipalities, and barrio\barangays of the Philippines, 
19 to make and adopt a constitution and by-laws, rules and regulations not 
20 inconsistent with this Act and the laws of the Philippines; and generally to do all 
21 such acts and things (including the establishment of regulations for the election 
22 of associated and successors) and may be necessary to carry into effect the 
23 provisions of this Act and promote the purposes of said corporation shall have 
24 power to issue certificated of stock or declare or pa dividends, its objects and 
25 purposes being solely of benevolent character and not for pecuniary profit by its 
26 members. 
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SEC. 3. Purpose. The purpose if the said corporation is to promote 
through organization and cooperation with other agencies concerned the ability 
of gifted and talented children and youth, particularly in the field of arts, sports, 
leadership, academics, and science and technological inventions. 


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SEC. 4. Composition of Governing Body. The governing body of said 
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corporation shall consist of a National Executive Board who shall be Filipino 
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citizens and shall be composed of : (a) The President of the Philippines or his 
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representative; (b) the Secretary of Science and Technology; (c) the Secretary of 
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Education; (d) and five (5) private sector representatives each representing the 
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fields of arts, sports, leadership, academics, and science and technology. The 
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private sector representatives shall be appointed by the President of the 
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Philippines who shall hold office for five (5) years; Provided that, two (2) shall 
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serve for three (3) years and the other three (3) shall serve for five (5) years. 
10 Whenever a vacancy is created in the Board by virtue of resignation of inability to 
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serve of the member and pending the appointment of the member to fill the 
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unexpired term and classification of membership pursuant to this Act, the 
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Secretary of Education shall designate the member to fill the vacancy; Provided 
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that, the persons designated shall have the qualification of the member who 
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resigned or is unable to serve the full term for which member was appointed by 
16 the President shall serve the unexpired portion of the term of the resigned or 
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incapacitated member. 
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SEC. 5. Contribution and Donations to the Foundation. Any donation 
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or contribution which from time to time may be made to the Foundation by the 
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government of any of its subdivisions, branches, offices, agencies, of the 
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National Execution Board to this Act. 
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The Corporation shall be exempt from the payment of any and all kinds of 
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taxes, duties, imposts, fees and other charges and all donations and may be 
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used as an income tax deduction. 
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SEC. 6. This Act shall take effect upon the completion of its publication in 
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at least two (2) national newspapers of general circulation. 
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Approved,