FOURTEENTH CONGRESS OF THE REPUBLIC 
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7 
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OF THE PHILIPPINES 
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First Regular Session 
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S E N A T E  
Senate Bill No. 4 6 7 
INTRODUCED BY SEN. JINGGOY EJERCITO ESTRADA 
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. 
JI #& 
GOY JERCITO ESTRAD 
u e n a t o r  


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FOURTEENTH CONGRESS OF THE REPUBLIC 
) 
OF THE PHILIPPINES 
1 
First Regular Session 
1 
S E N A T E  
Senate Bill No. 
67 
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. 
Be it enacted by the Senate and House of Representatives of fhe 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. 
SECTION 2. Establishment of the Foundation for the Encouragement of 
Gifted and Talented Children and Youth. It is hereby establish the Foundation for 
the Encouragement of gifted and Talented Children and Youth. The said 
corporation will have the powers of perpetual succession, to sue and be sued; to 
contract and be contracted with; to acquire, own, lease, convey and dispose of 
such real and personal estate, land grants, rights and chooses in action as shall 
be necessary for corporate purposes, and to accept and receive funds, real and 
personal property by gift, device, bequest or other means, to conduct fund-raising 
activities; to adopt the and use a seal, and the same to alter and destroy; to have 
offices and conduct its business and affairs in Metropolitan Manila and in the 
regions, provinces, cities, municipalities, and barrio\barangays of the Philippines, 
to make and adopt a constitution and by-laws, rules and regulations not 
inconsistent with this Act and the laws of the Philippines; and generally to do all 
such acts and things (including the establishment of regulations for the election 
of associated and successors) and may be necessary to carry into effect the 
provisions of this Act and promote the purposes of said corporation shall have 
power to issue certificated of stock or declare or pa dividends, its objects and 
purposes being solely of benevolent character and not for pecuniary profit by its 
members. 
SECTION 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. 
SECTION 4. Composition of Governing Body. The governing body of said 
corporation shall consist of a National Executive Board who shall be Filipino 
citizens and shall be composed of : (a) The President of the Philippines or his 
representative; (b) the Secretary of Science and Technology; (c) the Secretary of 
Education; (d) and five (5) private sector representatives each representing the 
fields of arts, sports, leadership, academics, and science and technology. The 
private sector representatives shall be appointed by the President of the 
Philippines who shall hold office for five (5) years; Provided that, two (2) shall 
serve for three (3) years and the other three (3) shall serve for five (5) years. 
Whenever a vacancy is created in the Board by virtue of resignation of inability to 
serve of the member and pending the appointment of the member to fill the 
unexpired term and classification of membership pursuant to this Act, the 
Secretary of Education shall designate the member to fill the vacancy; Provided 
that, the persons designated shall have the qualification of the member who 
resigned or is unable to serve the full term for which member was appointed by 
the President shall serve the unexpired portion of the term of the resigned or 
incapacitated member. 
SECTION 5. Contribution and Donations fo the Foundation. Any donation 
or contribution which from time to time may be made to the Foundation by the 
government of any of its subdivisions, branches, offices, agencies, of the 
National Execution Board to this Act. 
The Corporation shall be exempt from the payment of any and all kinds of 
taxes, duties, imposts, fees and other charges and all donations and may be 
used as an income tax deduction. 
SECTION 6. This Act shall take effect upon the completion of its 
publication in at least two (2) national newspapers of general circulation. 
Approved,