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THIRTEENTH CONGRESS OF THE REPUBLIC 
Third Regular Session 
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OF THE PHILIPPINES 
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Introduced by Senator Flavier 
EXPLANATORY NOTE 
The Ramon Magsaysay Award Foundation was founded to administer the 
Ramon Magsaysay Award in fitting tribute to one of the country's most loved and 
respected public servant and statesman, the late President Ramon Magsaysay. The 
Ramon Magsaysay Award has earned a reputation as the Asian equivalent of the most 
prestigious Nobel Peace Prize. Some of its illustrious awardees include Saint Theresa of 
Calcutta, visionary Muhammad Yunus, the great spiritual leader the Dalai Lama, and 
other distinguished and noble Asians who made ultimate positive impact on the people 
of Asia. 
All throughout its existence, the Foundation has survived partially through a 
support fund as a result of the proceeds of the Philippine government's land grant 
under Republic Act (R. A.) 2239. Some of the other sources of funds for the Awards 
program come from the generosity of philanthropists from all over the globe. 
Nevertheless, the Foundation has, on most occasions in the past, had to exercise 
constraints in extending support to worthy projects of its awardees due to the scarcity 
of endowments from external sources. For this reason, the Foundation has sought the 
generosity and consent of the State so that it may be granted more elbow room to utilize 
the land grant under R. A. 2239. This in effect will allow the Foundation to enter into a 
more progressive development project with potential contributors as a way of raising 
needed funding support to propagate the Ramon Magsaysay Awards. 
There is a need to continue the legacy of the Ramon Magsaysay Award 
Foundation. There is a need to continue its legacy of inspiring the men and women of 
Asia to spread their nobility. 
Passage of this bill is therefore earnestly sought. 


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THIRTEENTH CONGRESS OF THE REPUBLIC) 
OF THE PHILIPPINES 
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Third Regular Session 
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S E N A T E  
Senate Bill No. 
Introduced by Senator Juan Flavier 
AN ACT 
AMENDING SECTION 2 AND 3 OF REPUBLIC ACT NO. 2239, OTHERWISE 
KNOWN AS “AN ACT AUTHORIZING THE PRESIDENT OF THE 
PHILIPPINES TO SELL A CERTAIN PARCEL OF LAND OF THE PRIVATE 
DOMAIN OF THE NATIONAL GOVERNMENT TO THE RAMON 
MAGSAYSAY AWARD FOUNDATION”, AND FOR OTHER PURPOSES 
Section 1. - Section 2 of Republic Act No. 2239 is hereby amended to read as 
follows: 
“Sec. 2. This conveyance is made for the [exclusive] purpose of 
enabling the Foundation to ALLOW THE constructION on said land a 
permanent Ramon Magsaysay Award Foundation Building [of its own].” 
Section 2. - Section 3 of Republic Act No. 2239 is hereby amended to read as 
follows: 
“Sec. 3. The property [shall not leased but] OR any space in the 
building to be constructed therein may be leased OR SOLD: PROVIDED 
THAT ANY DEED OF CONVEYANCE EXECUTED BY THE 
REACQUIRE OR REPURCHASE THE PROPERTY FROM THE 
VENDEE; Provided FURTHER, That the proceeds for such lease OR 
SALE shall be utilized for purposes for which the Foundation has been 
established.” 
Section 3. - The otlher pertinent provisions of Republic Act 2239, and other laws, 
rules and regulations which are inconsistent with this amendatory law are hereby repealed 
or amended accordingly. 
FOUNDATION SHALL INCLUDE ITS PRE-EMPTIVE RIGHT TO 
Section 4. - This law shall take effect fifteen days following its publication in a 
newspaper of general circulat.ion.