Ernesto “Asay” Yu Foundation, Inc. is a non-stock, non-profit organization duly registered with the Philippine Securities and Exchange Commission on July14, 2009.
Guided by their commitment to help the underprivileged, members of the Yu Family founded the Ernesto “Asay” Yu Foundation in honor of their late father, Mr. Ernesto “Asay” Yu, whose sympathy to the poor become the inspiration of his children and also become the working corporate values of the businesses he founded.
In November of that same year, the Foundation launched its first program, The Ernesto Yu Scholarship Program, to provide free education opportunities to less fortunate but academically deserving individuals. Along with the Education Program, three more programs (Environment, Primary Health and Child Care and Livelihood Assistance) have also been conceptualized.
The foundation continuously implements its programs more aggressively and passionately, making true its tagline of
"Committed to Help!"To contribute to the development of society by granting scholarships to underprivileged and deserving college, high school, and out-of-school youth; providing assistance to needy schools; involving in the protection and preservation of the environment; serving the community; and establishing linkages with other organizations in identified areas.
A dynamic social development foundation with a firm commitment to helping build and support Filipino communities.
To support underprivileged and deserving youth and children to access secondary, tertiary, and vocational education.
To provide physical improvement to public elementary schools' facilities identified by the Foundation.
To provide educational supplies and materials to indigent elementary students.
To provide direct interaction with the community through delivery of basic services and improvement of public utilities.
To contribute to the protection and preservation of our environment.
To provide material and technical support to beneficiary people’s organizations.
To establish linkage and partnership with institutions/organizations in the selected areas.
To provide support to calamity-stricken areas.