Philippines, 25 Jun 2018
  Home >> News

 
Search Boxer:
First Name
Last Name


BOXERS                         

CURRENT CHAMPIONS 

FORMER CHAMPIONS   

RATINGS                       

FIGHT SCHEDULES        

FIGHT RESULTS            

NEWS                            

HOUSE NEWS                

FORUM                          

FIGHT GALLERIES        

TRAINERS                     

MANAGERS                    

PROMOTERS                  

BOXING GYMS               

RING CARD GIRLS        




 



Dong Secuya
Web Editor

Rene Bonsubre, Jr.
Contributing Editor

Homer D. Sayson
NBA Section Editor




Ronnie Nathanielsz

Rich Mazon

Eddie Alinea

Epifanio M. Almeda

Anthony Andales

Jason Aniel

Hesiquio Balderas

Sid Bañez

Brett Bonetti

Marlon Bernardino

Winchell Campos

Socrates Celestial

T. Chin-Te

Carlos Costa

Christopher Cruz

Rob Cruz

Jonathan Davis

Dr. Ed de la Vega

Lito delos Reyes

Gianluca (Rio) Di Caro

Edwin G. Espejo

Dennis U. Eroa

Ron Galarpe

Joaquin Henson

Oliver Iglesias

Dionis Jacobe

Ted Lerner

Salven Lagumbay

Reylan Loberternos

Mike Angel Lopez

Salvador Lopez

Joan Secuya-Medida

Ryan Medida

Rico Navarro

Rod Mijares

Manny Pacquiao

Gerry Peñalosa

Greg R. Penilla, M.D.

Gov. Manny Piñol

Dr. Allan Recto

Hermie Rivera

Emmanuel T. Rivera

Virgi T. Romano

Nicholai R. Roska

Maloney L. Samaco

Sev Sarmenta

Reynaldo Seno

Myron Sta. Ana

Atty. Danrex Joseph V. Tapdasan

Recah Trinidad

Reni M. Valenzuela

Mark F. Villanueva




 
News  


IRS APPROVES PUBLIC CHARITY STATUS FOR THE MANNY PACQUIAO FOUNDATION

PhilBoxing.com


US-based public charity to support Manny “Pacman” Pacquiao’s fight against poverty.

Los Angeles, CA— Perhaps no other living person embodies raw physical power and sophisticated diplomacy inside and outside the boxing ring as well as Mr. Manny “Pacman” Pacquiao. The “Pacman” is the pound-for-pound best boxer in the world with an unprecedented eight world titles in eight different weight divisions. When Mr. Pacquiao is not delivering power-packed punches in the ring, he is the Honorable Emmanuel D. Pacquiao, a public servant representing the legislative district of Sarangani in the Philippine House of Representatives. He is the “fighting congressman from Sarangani” who uses intellect, persuasion and charisma to forge alliances and create laws which will change the future of the 12th most populous country in the world.


Mr. Pacquiao is more than a boxer and a politician. He is a compassionate individual who has contributed his personal resources and celebrity to improve the lives of the Filipino people. If he had more time and money, Manny Pacquiao would, without a doubt, help more people. However, since 2008 a few private individuals and businesses have exploited Mr. Pacquiao’s name to solicit donations from local Fil-Am communities. Negative press and misdirected lawsuits resulted against the beloved boxer. But Manny Pacquiao kept his cool throughout these episodes. He waited. And thankfully, his patience was rewarded.

On June 23, 2011, The Manny Pacquiao Foundation was officially approved by the United States Internal Revenue Service as a tax-exempt organization under Section 501(c)(3) of the Internal Revenue Code and designated as a public charity. Donations to the Foundation are tax deductible. The Foundation is organized and operated exclusively to foster, support and transform the health, education and overall social well-being of disadvantaged communities in the Philippines and other countries. Manny Pacquiao is the Chairman of the Board leading a team of accomplished professionals in the medical, educational, arts and nonprofit sectors with untarnished reputations and volunteer experience under their belts. With his charitable arm up and running with projects slated to launch as early as August 2011, Mr. Pacquiao will likely add one more title under his belt, “World Champion Boxer. Politician. Humanitarian.”

The Foundation has existed since December 8, 2008 as California nonprofit public benefit corporation. However, its first set of board members and officers deemed it better to receive donations as a donor advised fund under Give2Asia (a public charity based in San Francisco) until the Foundation’s tax-exempt was obtained from the IRS. The Foundation did not initiate or undertake any major fundraising projects or charitable activities while the IRS reviewed its application. Almost 18 months of correspondence with the IRS (during which time Manny Pacquiao was elected to the Philippine Congress) resulted in the Foundation amending its bylaws, altering the board structure and streamlining its fundraising campaign plan to establish that it would not be organized or operated solely for private interests. Indeed, the Foundation grants, scholarships and fellowships are specifically off limits to relatives and members of the Foundation’s grant selection committee, officers, directors and substantial contributors.

The Foundation plans to launch a 2-year fundraising campaign to support individuals and organizations engaged in charitable work in the Philippines focusing on health care, education and sports. When asked about what’s in store for the Foundation, Milania dela Cruz, its President, stated, “We hope that Manny Pacquiao fans and supporters worldwide will welcome the real Manny Pacquiao Foundation. We will raise more funds and give more resources to help as many Filipinos fight hunger, disease and illiteracy. Charitable work is closest to Manny’s heart. Please, come join us.”

The Foundation’s official website will be launched mid-July 2011. For additional information on the Foundation or donation inquiries, please contact Marsha-laine F. Dungog, Esq. at 213-235-9193 or email: mdungog@hobsondungog.com. Hobson Dungog Bernardino + Davis LLP is U.S. legal counsel to Mr. Pacquiao and general counsel to The Manny Pacquiao Foundation.

(PR)




Click here to view a list of other articles written by .


Recent PhilBoxing.com In-House articles:

  • PACQUIAO-MATTHYSSE FEATS, FACTS AND FIGURES 11: EVERYTHING'S FINE AND THE FIGHT WILL HAPPEN ON JULY 15 SAYS MANNY
    By Maloney L. Samaco, Mon, 25 Jun 2018
  • ARDREAL HOLMES DESTROYS DOMINIQUE FOSTER IN 2 ROUNDS
    By , Mon, 25 Jun 2018
  • Complete Results from Bacoor Cavite: Ambo Decisions Ligas To Claim LUZPROBA-118 Belt; Andales Outpoints Lausa
    By Carlos Costa, Sun, 24 Jun 2018
  • Zulueta eyes ABF minimumweight title on June 30
    By Jerome S. Galunan Jr., Sun, 24 Jun 2018
  • Manny, Lucas hard at work
    By Joaquin Henson, Sun, 24 Jun 2018
  • VERGIL ORTIZ JR STOPS JUAN CARLOS SALGADO WITH VICIOUS BODY SHOT
    By , Sun, 24 Jun 2018
  • PACQUIAO REMAINS FOCUSED
    By Aquiles Z. Zonio, Sun, 24 Jun 2018
  • LeBron nears free agency status; Spurs open door to trade offers on Leonard
    By Eddie Alinea, Sun, 24 Jun 2018
  • WUZHATI STOPS PEEPUEH IN JINAN
    By Rene Bonsubre, Jr., Sun, 24 Jun 2018
  • EDWARDS TRUMPS COWBOY, AS ALL FOUR CHINESE ATHLETES CLINCH VICTORIES AT UFC FIGHT NIGHT SINGAPORE 2018
    By , Sun, 24 Jun 2018
  • SPLIT-T MANAGEMENT JUNIOR MIDDLEWEIGHT ARDREAL HOLMES IN ACTION TONIGHT IN DETROIT
    By , Sun, 24 Jun 2018
  • PACQUIAO-MATTHYSSE FEATS, FACTS AND FIGURES 10: CHANGES IN PACQUIAO'S TRAINING
    By Maloney L. Samaco, Sat, 23 Jun 2018
  • OUTSIDE LOOKING IN: The fight that started Pacquiao’s rise to fame
    By Eddie Alinea, Sat, 23 Jun 2018
  • CLARESSA SHIELDS WINS IBF AND WBA MIDDLEWEIGHT WORLD TITLES FRIDAY ON SHOWTIME®
    By , Sat, 23 Jun 2018
  • RAQUEL "THE PRETTY BEAST" MILLER REMAINS PERFECT WITH UNANIMOUS DECISION WIN OVER SZILVIA SZABADOS IN QUEENS, NEW YORK
    By , Sat, 23 Jun 2018
  • Manny sets blockbuster undercard
    By Joaquin Henson, Sat, 23 Jun 2018
  • Complete Results from Ifugao: Martin Blasts Out Lumoly in 3, Wins WBA Asia Strap
    By Carlos Costa, Sat, 23 Jun 2018
  • VERGIL ORTIZ JR. VS. JUAN CARLOS SALGADO OFFICIAL WEIGHTS
    By , Sat, 23 Jun 2018
  • JAIME MUNGUIA TO DEFEND WBO JUNIOR MIDDLEWEIGHT TITLE AGAINST FORMER WORLD CHAMPION LIAM 'BEEFY' SMITH
    By , Sat, 23 Jun 2018
  • WBO News: Title Fights This Weekend in New Zealand, Ukraine, England, United States and Canada
    By , Sat, 23 Jun 2018
  • Pacquiao, Matthysse Gearing for Tougher Training Days
    By , Fri, 22 Jun 2018
  • Complete Weigh-in Report: Ambo, Ligas Set to Rumble for LUZPROBA-118 Title Saturday @ Quibors Gym in Bacoor, Cavite (PHOTOS)
    By Carlos Costa, Fri, 22 Jun 2018
  • UFC Fight Night Singapore 2018: Official Weigh-In Highlights and Results
    By , Fri, 22 Jun 2018
  • Snips and Snipes 21 June 2018: Happy Days are Back in the Heavyweight Divsion
    By Eric Armit, Fri, 22 Jun 2018


  •  




     
    PhilBoxing.com has been created to support every aspiring
    Filipino boxer and the Philippine boxing scene in general.
    Please send comments to feedback@philboxing.com


    PRIVATE POLICY | LEGAL DISCLAIMER
    developed and maintained by dong secuya
    © 2018 philboxing.com.