Hi eden and the rest:
Instead of having a foundation which requires a paid-up capital of at least P1M, I suggest we simply organize an association which requires minimal paid-up capital ( last I heard was P5K only).
I agree with eden. By registering our association with the SEC, we will acquire a juridical (legitimate) personality to transact business so masosolve na an problem naton about the official receipt. However, we are not exempt from paying taxes for the earnings of our organization.
This proposal will entail documentation work nan may mga schedules for filing an SEC that we should abide with. But I guess we have more than enough time to do this if we are willing. We just need to tap the assistance of a lawyer, preferably one coming from our batch, to take charge of the documentation. Can somebody please contact atty joven laura?
Also, since eden is already saddled up with the souvenir program (which is no small task), I suggest somebody else from the sorsogon chapter handle this registration with the assistance of a lawyer to enable eden to focus on her task. May I hear from our President Patrick about this?
About the logo, there’s also another talent that we can tap, aside from Bober. Paging LUMENNNNNNNNN! I’ll try to do a logo also, feel free to accept or reject it (hehehe).
The rest of the members of the e-group, KNOCK KNOCK! Harain na tabi kamo? Daragos na tabi kamo didi sa iristoryahan ta. The rest needs your support, encouragement and contributions (ideas, suggestions) very badly this time, whether makaauli kamo or dili (kay ako ngani di pa sure kay kamimigrate lang namon sa canada). Here’s wishing “SAMA-SAMA TOGEDER” kita, come high mountains or deep waters, in sickness and in health, hanggang mairaos an reunion by April 2009. Come on now, your help will come in handy and will certainly be treasured by everyone.
Anyway, back to the SEC registration. Offhand, here are the facts that I gathered from research and my actual corporate exposure. For info of the rest, I used to be connected with a non-stock, non-profit organization under which proposed federation will fall, based on SEC regulations and the Corporation Code of the Philippines.
DEFINITION:
Non-stock Corporation - organized principally for public purposes such as charitable, educational, cultural or similar purposes and does not issue shares of stock to its members. No part of its income is distributable as dividends or interests to its members. Said dividends may be used in furtherance of the purpose for which the corporation was organized.
REQUIREMENTS:
1. Name verification slip (dapat may 30-day reservation with the SEC)
2. Articles of Incorporation and By-laws
3. Affidavit of an incorporator or director undertaking to change corporate name
4. List of members, certified by the Corporate Secretary
5. List of contributors and amount contributed certified by the treasurer
Note: Items 3, 4, and 5 need not be submitted if already stated in the Articles of Incorporation
An articles of incorporation or by-laws madali lang yan gibuhon kay may pro-forma form na ina sa SEC.
STEPS IN THE REGISTRATION:
1. Verify/reserve proposed name with the Name Verification Unit.
2 Come up with the Articles of Incorporation and By -laws in accordance with the Corporation Code.
3. Deposit paid-up capital / contribution
4. Present 6 sets of the accomplished forms and documents for preprocessing at the SEC.
5. Pay the filing fees.
6. Claim the Certificate/License from the Releasing Unit, Records Division.
For info, igwa din sin on-line registration with the SEC to facilitate registration.
Once we are granted the Certificate of Incorporation, everything will be easy for us.
FEES
A minimal amount of P500 for the registration and another P500 for the Articles of Incorporation and By-laws.
REPORTORIAL REQUIREMENTS
1. yearly General Information Sheet
2. Audited Financial Statement
Best regards to everyone. Keep posting! God bless you all.
Thursday, May 8, 2008
Wednesday, May 7, 2008
Reunion Advisory # 6
PARA SA INTIRO:
Ini tabi na projection na hinatag ni panoy about the projected income from the souvenir program, this is based on the premise that all advertising pages will be sold. this could go higher and lower depending on the ad spaces that we solicit so we are encouraging everybody to make the effort to solicit an advertisement.
As the persons in charge of the souvenir program committee, an habol mi lamang is to raise enough money to shoulder the printing cost na lain ta na pagkukuwaon sa bulsa ta or sa pondo san batch. pero kun makakuwa kita additional funds from selling advertising space, why not?
PRICES:
Medyo shocking talaga an prices san premium pages (which is P30,000 on average) kun sa bulsa ta ini pagkukuwaon. pero an target advertiser ta sadi mga companies who can afford to buy it. these are companies who advertise in a 30-second television ad for half a million pesos or for one simple newspaper ad for P200,000 per day.
from experience, pirmi matawad an mga companies, so kaipuhan hataas an una mo na presyo. then it will eventually lower as the negotiations proceed.
as for the other pages, which is priced at P5,000 each, this is also targeted primarily for corporate ads of companies with lower budgets but we know for a fact that many of our classmates abroad and here in manila are willing to donate up to that much or up to $150 for the reunion. so naisip namon na instead of just donating money directly to the reunion fund mas mayad na ini na tagan man sinda sin option to buy an advertising space instead of plainly getting nothing from their donation.
but this is not to discourage everyone from giving to the fund directly. option lang tabi ini. as panoy has pledged, nag-commit siya to buy a full page ad in the souvenir program (P5,000), to buy P10,000 worth of raffle tickets and to donate another P10,000 directly to the fund.
for those who cannot afford to give that much, no pressure please. intiro na contribution san batchmates ta whether big or small, in cash or in kind, will be appreciated and valued. burulig kita, each to our own means and ability, para mairaos ta ini na pag-host sin reunion. i understand na baga an makaaalo kun saday lang an mahahatag compared sa iba, pero lain kita dapat mag-compare. an importante nakahatag kita sin makakaya ta. pasensya na tabi because we need to announce here all the pledges/donations maski saday lang na amount because we need to be transparent. kaipuhan ta magin accountable sa intiro kun diin hali an kuwarta nan kun diin napakadto up to the last centavo.
PRINTING:
As of now, nagcacanvass pa kami ni mon sin printer. once na na-finalize namon kun pira an aabuton sa printing cost, we can probably come up with discounted rates for the members of the batch who would like to buy 1/4 or 1/2 pages. But we will retain the P5,000 price for the full page advertisements.
PLEDGES:
MEL:
thank you so much for the support. aram ko na kakaabot mo lang dida sa canada and you are still adjusting. pero aram ko man na talagang pirmi ka ma-support sa batch projects and activities. i never had doubts about it.
MARISSA:
When you read this email, please refer to my other email which i sent to you privately (subject: pledges naton).
MY PLEDGE: Aside from my commitment for a one full page ad in the souvenir program, mahatag tabi ako sin P5,000 directly to the fund. amo ini an amount na gin-commit ko for the chairs of Bunx before. An sabi ko baga ihatag ko na lang sa batch. Im planning to go home to sorsogon before my maternity leave expires on June 2. pero kun lain ako makauli, I will deposit the money to the batch account around first week of June.
Kun kukulangon an fund ta for the printing cost of the souvenir program, just in case we cannot solicit enough advertisement to raise the cost of printing, willing ako magdonate more just to pursue the project.
TOTAL PLEDGES AS OF MAY 7, 2008
As of this evening, igwa na tabi sin 6 katawo na nagpledge for the a full page ad in the souvenir program. these are as follows:
1. Panoy
2. Mon
3. Eden
4. Lumen
5. Marissa
6. Mel
This is already a total of P30,000. Mon and I are still preparing the advertising contract. Ipadara mi tabi saindo once it is printed. We also need to open a bank account specifically for this. We will notify you kun diin ipadara an kuwarta. The sample ads will also be emailed next week para makita san intiro kun nano an puede ibutang sa one full page of ad.
Para sa mga nagpledge na, ipadara tabi nindo saakon an concept nindo kun nano an gusto nindo ibutang sa page nindo. puede picture, article, essay, poem, images, drawing, painting, wallpaper, etc. i can do the layout. pero aram ko man na intiro kamo maaram mag-layout. please send the ready material to me in jpeg format or paki post didi sa egroup kun tapos na niyo para makita san intiro an sample. lain lang tabi puede an obscenity kay basi lanaton kita sana san board of censors.
for additional explanations and clarifications, lain tabi magduwa duwa mag-email or magtext saakon.
:-) eden
0917-8170128
edenestopace@yahoo.com
Ini tabi na projection na hinatag ni panoy about the projected income from the souvenir program, this is based on the premise that all advertising pages will be sold. this could go higher and lower depending on the ad spaces that we solicit so we are encouraging everybody to make the effort to solicit an advertisement.
As the persons in charge of the souvenir program committee, an habol mi lamang is to raise enough money to shoulder the printing cost na lain ta na pagkukuwaon sa bulsa ta or sa pondo san batch. pero kun makakuwa kita additional funds from selling advertising space, why not?
PRICES:
Medyo shocking talaga an prices san premium pages (which is P30,000 on average) kun sa bulsa ta ini pagkukuwaon. pero an target advertiser ta sadi mga companies who can afford to buy it. these are companies who advertise in a 30-second television ad for half a million pesos or for one simple newspaper ad for P200,000 per day.
from experience, pirmi matawad an mga companies, so kaipuhan hataas an una mo na presyo. then it will eventually lower as the negotiations proceed.
as for the other pages, which is priced at P5,000 each, this is also targeted primarily for corporate ads of companies with lower budgets but we know for a fact that many of our classmates abroad and here in manila are willing to donate up to that much or up to $150 for the reunion. so naisip namon na instead of just donating money directly to the reunion fund mas mayad na ini na tagan man sinda sin option to buy an advertising space instead of plainly getting nothing from their donation.
but this is not to discourage everyone from giving to the fund directly. option lang tabi ini. as panoy has pledged, nag-commit siya to buy a full page ad in the souvenir program (P5,000), to buy P10,000 worth of raffle tickets and to donate another P10,000 directly to the fund.
for those who cannot afford to give that much, no pressure please. intiro na contribution san batchmates ta whether big or small, in cash or in kind, will be appreciated and valued. burulig kita, each to our own means and ability, para mairaos ta ini na pag-host sin reunion. i understand na baga an makaaalo kun saday lang an mahahatag compared sa iba, pero lain kita dapat mag-compare. an importante nakahatag kita sin makakaya ta. pasensya na tabi because we need to announce here all the pledges/donations maski saday lang na amount because we need to be transparent. kaipuhan ta magin accountable sa intiro kun diin hali an kuwarta nan kun diin napakadto up to the last centavo.
PRINTING:
As of now, nagcacanvass pa kami ni mon sin printer. once na na-finalize namon kun pira an aabuton sa printing cost, we can probably come up with discounted rates for the members of the batch who would like to buy 1/4 or 1/2 pages. But we will retain the P5,000 price for the full page advertisements.
PLEDGES:
MEL:
thank you so much for the support. aram ko na kakaabot mo lang dida sa canada and you are still adjusting. pero aram ko man na talagang pirmi ka ma-support sa batch projects and activities. i never had doubts about it.
MARISSA:
When you read this email, please refer to my other email which i sent to you privately (subject: pledges naton).
MY PLEDGE: Aside from my commitment for a one full page ad in the souvenir program, mahatag tabi ako sin P5,000 directly to the fund. amo ini an amount na gin-commit ko for the chairs of Bunx before. An sabi ko baga ihatag ko na lang sa batch. Im planning to go home to sorsogon before my maternity leave expires on June 2. pero kun lain ako makauli, I will deposit the money to the batch account around first week of June.
Kun kukulangon an fund ta for the printing cost of the souvenir program, just in case we cannot solicit enough advertisement to raise the cost of printing, willing ako magdonate more just to pursue the project.
TOTAL PLEDGES AS OF MAY 7, 2008
As of this evening, igwa na tabi sin 6 katawo na nagpledge for the a full page ad in the souvenir program. these are as follows:
1. Panoy
2. Mon
3. Eden
4. Lumen
5. Marissa
6. Mel
This is already a total of P30,000. Mon and I are still preparing the advertising contract. Ipadara mi tabi saindo once it is printed. We also need to open a bank account specifically for this. We will notify you kun diin ipadara an kuwarta. The sample ads will also be emailed next week para makita san intiro kun nano an puede ibutang sa one full page of ad.
Para sa mga nagpledge na, ipadara tabi nindo saakon an concept nindo kun nano an gusto nindo ibutang sa page nindo. puede picture, article, essay, poem, images, drawing, painting, wallpaper, etc. i can do the layout. pero aram ko man na intiro kamo maaram mag-layout. please send the ready material to me in jpeg format or paki post didi sa egroup kun tapos na niyo para makita san intiro an sample. lain lang tabi puede an obscenity kay basi lanaton kita sana san board of censors.
for additional explanations and clarifications, lain tabi magduwa duwa mag-email or magtext saakon.
:-) eden
0917-8170128
edenestopace@yahoo.com
Monday, May 5, 2008
Reunion Advisory # 5
Dear All,
Patrick, Nena, Pinky, Bunx and I met last Saturday at Pinky’s clinic to discuss initial fund-raising activities. It was agreed na an pinakamadali gibohon is a raffle. The plans thus far:
• There will be one major prize (Yamaha XRM motorcycle) and 10 minor prizes
• The shortlist of minor prizes: 14” TV, water dispenser, portable DVD, rice cooker, pressure cooker, blender, waffle/sandwich maker, oven toaster, microwave, electric fan, gas stove, tower radio/CD player
• An initial run of 1,500 tickets priced at P100 each will be printed (1,500 x P100 = P150,000.00)
• Cost of prizes will be taken from ticket sales (target budget for prizes is P80,000)
• The tickets will be distributed to at least 50 Batch 84 members (30 tickets each) who shall take charge of the disposition.
• Tickets will be out by end of May/first week of June.
• Raffle draw is on September 20 at Jane’s Restaurant or at a radio station (most probably DWFA)
As of today (May 5) Patrick has already canvassed the cost of printing of tickets (P2,250 para sa 7cm x 11cm tickets) and has already inquired from the BIR kun may permit pa na dapat i-secure. Wara na man daw kaipuhan.
An mga dapat (pa) gibohon:
• Canvass cost of prizes (c/o Allan Labitag/Teddy Hamor)
• Inquire from the motorcycle dealers if we can reserve the unit tapos bayadan na lang once the ticket receipts are in (End of August or first week of September)
May meeting an batch on Saturday, May 17 at Jane’s to discuss the plans further. Please tell us what you think (comments, suggestions, reactions are most welcome) para ma take-up during the meeting.
We are also considering holding a beer plaza pero medyo sketchy pa an details. Will keep you posted.
Thanks and regards tabi sa gabos,
Menchie
Patrick, Nena, Pinky, Bunx and I met last Saturday at Pinky’s clinic to discuss initial fund-raising activities. It was agreed na an pinakamadali gibohon is a raffle. The plans thus far:
• There will be one major prize (Yamaha XRM motorcycle) and 10 minor prizes
• The shortlist of minor prizes: 14” TV, water dispenser, portable DVD, rice cooker, pressure cooker, blender, waffle/sandwich maker, oven toaster, microwave, electric fan, gas stove, tower radio/CD player
• An initial run of 1,500 tickets priced at P100 each will be printed (1,500 x P100 = P150,000.00)
• Cost of prizes will be taken from ticket sales (target budget for prizes is P80,000)
• The tickets will be distributed to at least 50 Batch 84 members (30 tickets each) who shall take charge of the disposition.
• Tickets will be out by end of May/first week of June.
• Raffle draw is on September 20 at Jane’s Restaurant or at a radio station (most probably DWFA)
As of today (May 5) Patrick has already canvassed the cost of printing of tickets (P2,250 para sa 7cm x 11cm tickets) and has already inquired from the BIR kun may permit pa na dapat i-secure. Wara na man daw kaipuhan.
An mga dapat (pa) gibohon:
• Canvass cost of prizes (c/o Allan Labitag/Teddy Hamor)
• Inquire from the motorcycle dealers if we can reserve the unit tapos bayadan na lang once the ticket receipts are in (End of August or first week of September)
May meeting an batch on Saturday, May 17 at Jane’s to discuss the plans further. Please tell us what you think (comments, suggestions, reactions are most welcome) para ma take-up during the meeting.
We are also considering holding a beer plaza pero medyo sketchy pa an details. Will keep you posted.
Thanks and regards tabi sa gabos,
Menchie
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