Nature’s Spring Foundation, PBSP to Ink Scholarships MOA

The Nature’s Spring Foundation, Inc. (NSFI), in partnership with the Philippine Business for Social Progress (PBSP), is set to sign a scholarship program agreement with CITE today July 29 via Zoom at 2:30 p.m. to help five scholars under the diploma programs. The grant includes tuition and fees, school uniform subsidy, and allowances.

The said corporate initiative is under NSFI’s Balik Baterya  educational program which aims to respond to the harmful effects of Used Lead Acid Batteries (ULABS) to the environment by reprocessing and reusing them thus creatiing a financial resource to implement education and socio-economic projects in the community.

The program began when NSFI teamed up with the Philippine Spring Water Resources, Inc. (PSWRI) in 2018 to recycle the ULABS of the company to churn out income which was donated as proceeds for their community projects. The project’s success further led to forge partnerships with Oriental and Motolite Marketing Corporation and the Philippine Business for Social Progress. To date, NSFI was able to raise 366,000 pesos worth of project funds out from the 12.4 tons of ULABS hauled from the four plants of PSWRI—Laguna Plant, Bulacan Plant, Cebu Plant and Davao Plant.

NSFI together with PBSP aims to implement a scholarship program in 2020 to fund the education of an estimated 30 students coming from the underprivileged communities in the province of Cebu.

The ceremonial MOA signing will be attended virtually by NSFI President Angelli Suzanne Lua-Domingo, PBSP Deputy Executive Director Elvin Ivan Uy, PBSP CC& CSR Manager Kristine Rivadelo, CITE Development Office Director Peter Millan, and Sister Teresita Sumalabe of Fr. Al’s Children Foundation, Inc. who is also a beneficiary of the scholarships program. Also attending are Patrick Neil Cutillas and Charles Villarosa of the Scholarships Office.