Overview
What is Philippine Development Foundation?
The Philippine Development Foundation, based in Palo Alto, California, is a nonprofit organization committed to supporting Filipino-American communities in the USA with philanthropic activities. Its primary objective is to aid the civil society organizations in the Philippines with resources. In the 2020-2023 academic years, PhilDev has supported 82 scholars at the university level, fostering education and nurturing aspiring minds through scholarships and learning opportunities. In 2020, PhilDev also introduced a mentorship program, called MULAT, in collaboration with Intel. To date, 5 scholars have graduated, bringing the total number of graduates to 222. PhilDev is an innovation organization that values education, innovation, and entrepreneurship, believing in their power to drive national development and create opportunities in the community.
Official website here: www.phildev.org
What do the Facebook reviews say about Philippine Development Foundation?
100% of reviewers on Facebook recommend the Philippine Development Foundation. Here is a summary of their reviews:
Supporters express strong enthusiasm for the foundation's initiatives, highlighting its focus on educational advancements, particularly in the areas of Augmented and Virtual Reality. The foundation is seen as a source of inspiration for developing innovative educational environments that enhance learning experiences. While one feedback was marked as not recommended, the overall sentiment reflects a positive reception and commitment to the nonprofit's mission.
In essence, the feedback showcases a community that values the foundation's contributions toward educational development and is eager to see its continued progress and impact.
This AI summary has been generated from reviews found on Facebook.
Is Philippine Development Foundation legitimate?
Philippine Development Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Philippine Development Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $85,000
Professional Fundraising Fees: $10,000
Other Salaries and Wages: $491
For more financial information, click here
Official website here: www.phildev.org
What is the mission statement of Philippine Development Foundation?
The Philippine Development Foundation's mission is to offer a viable mechanism for philanthropic activities within the Filipino-American communities in the USA. The organization aims to assist civil society organizations in the Philippines with these resources. Phildev USA operates as an innovation organization, with a mission to expedite science and technology for national development through initiatives, programs, and collaborations. Their values include education, fostering a strong foundation for national development and supporting the aspirations of young minds through scholarships and learning opportunities. They also value innovation, believing that it drives knowledge and industries forward, and invest in research and development. Lastly, they emphasize entrepreneurship, empowering individuals to create a culture of creativity, turning ideas into viable, scalable, and sustainable enterprises that generate employment and wealth within the community.
Official website here: www.phildev.org
Who is the CEO of Philippine Development Foundation?
Angelina Castro is the President/Chairman of Philippine Development Foundation.
Official website here: www.phildev.org
What is the revenue of Philippine Development Foundation?
Philippine Development Foundation's revenue in 2022 was $361,557.
Official website here: www.phildev.org
Who are the executives of Philippine Development Foundation and what are their salaries?
The average compensation at Philippine Development Foundation during 2022 was $85,491. There is 1 employee and 21 volunteers at Philippine Development Foundation.
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Official website here: www.phildev.org
Where can I find the form 990 for Philippine Development Foundation?
Philippine Development Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.phildev.org
Learn more at the official website: www.phildev.org
Mission Statement of Philippine Development Foundation
The Philippine Development Foundation, or PhilDev, is dedicated to providing a robust platform for philanthropic activities within the Filipino-American communities in the United States. Their primary mission is to assist civil society organizations in the Philippines by providing them with necessary resources. In addition to this, PhilDev USA functions as an innovation organization. They strive to accelerate science and technology for national development through various initiatives, programs, and partnerships. PhilDev values education, recognizing its crucial role in laying the foundation for national development and nurturing the aspirations of young minds and talented individuals through scholarships and learning opportunities. They also prioritize innovation, believing that it propels knowledge and industries forward, strengthening connections among organizations, academia, and private industries, and investing in research and development. Lastly, PhilDev empowers through entrepreneurship, fostering a culture of creativity, transforming ideas into viable, scalable, and sustainable enterprises that generate employment opportunities and contribute to community wealth creation.
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Impact
October, 2024
The Philippine Development Foundation (PhilDev) delivers significant impact by empowering Filipino-American communities in the U.S. to engage in effective philanthropic activities that benefit civil society organizations in the Philippines. Through its support of science and engineering scholars at the university level, PhilDev is investing in the future workforce and innovation landscape of the Philippines.
Since its inception, PhilDev has continuously prioritized education, having supported numerous scholars throughout their academic journeys; in the 2022-2023 academic year alone, they backed 82 scholars. This commitment to education fosters a new generation equipped with critical skills necessary for national development.
In addition, PhilDev has introduced mentorship programs like Mulat, in partnership with Intel, which enhances the educational experience by providing guidance and professional development. The foundation's growing focus on entrepreneurship also nurtures a culture of creativity, helping aspiring innovators transform their ideas into scalable businesses, thereby generating jobs and promoting wealth distribution within communities.
Overall, PhilDev's initiatives are anchored in the belief that education, innovation, and entrepreneurship are foundational elements for sustainable national development, echoing its mission to drive growth, support youth aspirations, and cultivate a robust ecosystem that links education, industry, and research.
This information is meant to be a general summary of Philippine Development Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $467,650
Assets and Liabilities:
- Total Assets: $887,133
- Total Liabilities: $55,401
- Net Assets: $831,732
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Organization Details
Founding Year
2000
Phone
(650) 656-9507Principal Officer
Angelina Castro
Main Address
325 LYTTON AVENUE 4A, PALO ALTO, CA, 94301
Website
www.phildev.orgNTEE Category
Code: Q300 - International
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