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MALACAÑAN PALACE
MANILA

BY THE PRESIDENT OF THE PHILIPPINES

[ Proclamation No. 1152, January 26, 1998 ]

AUTHORIZING THE HEART FOUNDATION OF THE PHILIPPINES TO CONDUCT A NATIONAL FUND CAMPAIGN FOR A PERIOD OF ONE (1) YEAR

WHEREAS, the Heart Foundation of the Philippines was authorized under Proclamation No. 950, dated January 22, 1997, to conduct a national fund campaign from January 22, 1997 to January 22, 1998;

WHEREAS, the Heart Foundation of the Philippines deserves full support from all sectors to be able to continue with its humanitarian mission of helping the increasing number of the disadvantaged individuals suffering from heart diseases and other related ailments;

NOW, THEREFORE, I, FIDEL V. RAMOS, President of the Philippines, by virtue of the powers vested in me by law, do hereby authorize the Heart Foundation of the Philippines to conduct a national fund campaign for a period of one (1) year effective upon the promulgation of this Proclamation.

For this purpose, all donations, bequests and gifts received by the Heart Foundation of the Philippines for the implementation of its programs and activities shall be entitled to all the tax exemptions and deductibility benefits provided in the appropriate provisions of the National Internal Revenue Code, as amended, and its implementing rules and regulations.1aшphi1

IN WITNESS WHEREOF, I have hereunto set my hand and caused the seal of the Republic of the Philippines to be affixed.

DONE in the City of Manila, this 26th day of January in the year of Our Lord, Nineteen Hundred and Ninety-Eight.

(Sgd.) FIDEL V. RAMOS

By the President:

(Sgd.) ALEXANDER P. AGUIRRE
Acting Executive Secretary

The Lawphil Project - Arellano Law Foundation

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