As they say, for every dark cloud there is a silver lining. This is the optimistic outlook of the League of Corporate Foundations (LCF) as far as impact of development projects in the midst of the potential abolition of the United States Agency for International Development as part of the government reorganization undertaken by President Donald Trump.
Edric Calma, vice president, Knowledge Channel Foundation and vice chairperson, LCF said a Canadian development agency is interested to fill in the gap and help in financing the country’s development projects in health, education, gender development, among others. Calma, however, declined to identify the Canadian aid agency.
“We just found out this Canadian aid agency is willing to sustain the projects for some of the education projects that the USAID had started. It is worthwhile mentioning that the European Union wants to help us too. And then there are the local grant giving organizations which haven’t gotten huge attention because there are bigger grants like the USAID,” Calma told reporters in an interview on the sidelines of the launching of the 2025 Conference and Expo launch held in Makati City.
Shem Jose Garcia, executive director, Vivant Foundation and LCF chairperson, said local foundations think the current number of laws covering corporate social responsibility are sufficient to keep it growing.
“We just have to be very creative. We actually have a lot of good laws in place. The question is about executing and making sure it’s done. Every sector requires more depth in order to look at, Garcia said.
Garcia said the laws need to be specific to address the concern of stakeholders. For instance, students with disabilities need to have their needs addressed. “There’s a lot of good intentions, but there aren’t a lot of specifics,” Garcia said.
And what I saw in our own case in Cebu for this one sector, and again, the whole point of diversity is that each sector is different, so it would require more in depth research. But like in the case of like, say, deaf students, I would encourage more resources to make sure that you know, in an island would also benefit from the program,” he said.
Garcia said the LCF is also urging businesses to go beyond the traditional CSR initiatives by combining diversity, equity and inclusivity (DEI) into their programs.
