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2017 ANNUAL REPORT

Published by Jeshua Marey Dela Cruz, 2018-06-08 01:45:15

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REFUGE FOR ALL St. Luke’s Medical Center Foundation, Inc. 2017 Annual Report ANNUAL REPORT 2017

THANK YOUFOR YOUR GENEROSITY! ANNUAL REPORT 2017

VISION Equal access to quality healthcare, greater opportunities for medical education, sustained support for medical research and training, to benefit the underprivileged Filipinos. MISSION To generate resources to sustain charitable, educational, and socialwelfare programs, and provide support for research and continuing medical education, and to promote the well- being of poor, marginalized, and gifted Filipinos.

“We strengthened our hallmark culture of providing equal access to quality healthcare.”L ast year, we experienced incredible In hopes of promoting the culture of Deceased growth for the Foundation, receiving Organ Donation in the Philippines, the Organ and Tissue Donation service was launched through adonations amounting to approximately 39 million. generous donor under the Legacy Program.This allowed us to make substantial and significant And lastly, our partnership with variouschanges, and pushed us to find new ways to organizations allowed us to go on a total of 23 medical missions, which were well attendedsupport our core programs. We strengthened by St. Luke’s volunteers. All parties came together with a singular purpose: to bringour hallmark culture of providing equal access to medicine and healthcare to communities in far-flung or poor areas.quality healthcare, by bridging opportunities andsolutions to the unprivileged who find themselves The Foundation spent a total of 15.2 million for its operations in 2017. Of this amount, 1.6 millioncaught in numerous obstacles. was spent on administrative expenses and the balance was spent on program expenses. Thus, itIn our continued mission to generate resources was able to keep its administrative expenses well below the 20% cap mandated by the Departmentto sustain our charitable, educational, and of Social Welfare and Development.social welfare programs, we worked hand-in- This unwavering focus on the public sector, especially those who are in need the most, is athand with departments, fundraising champions, the core of who we are. It drives us in our purpose, and it fuels our passion for improving local health.and organizations. The result was astounding: With that, we thank you for your continued support for the work we do every day.an overall increase of funds disbursed to our Sincerely,missions, and an increase in patients served! This FREDERICK Y. DYis one of the driving forces that keeps us going. Chairman of the BoardIn 2017, we also celebrated our 5th anniversary ARTURO S. DE LA PEÑA, MD Presidentwith a successful charity art auction in partnershipwith Leon Gallery, resulting in a fantasticturnaround for the Foundation. A total of 24pieces were secured for the auction, with the netproceeds used to fund our beneficiaries.01 ANNUAL REPORT 2017

OUR ROADMAP CONTENTSFor every mother who cradles 03 Medical Socialher sick baby; for the arduous Service Programstreks that volunteers journey We provide care andto reach communities; for treatment for those whoevery new scholar who is are most in needgiven the gift of education;and for every breakthrough 05 Medical Outreachin research innovation—it is Programsfor these reasons that we are We walk far anddriven as a Foundation. wide to reach out to the underservedWe have become a refuge for the communitiesweary. Through all this, our fourpillars have provided us with a 07 Medicalroadmap with which we are guided. Scholarship ProgramsThe Foundation was established We hone bright mindsfive years ago, made to provide and shape the future ofthe public with quality healthcare, medicineespecially indigent patients whoneed it the most. In St. Luke’s, we 09 Medical Research &continue to instill this bayanihan Developmentspirit amongst ourselves. We are We support doctorsexhilarated about the strong results and scientists in theirthat have been born out of our hard plight for discovery andwork and dedication, all of which is innovationdetailed in this review. 02

MEDICAL SOCIAL SERVICE In the Medical Social when no one else would offer it. Here, many of Service wing of them find a chance for a second life. St. Luke’s Medical Center, families flock The Foundation has always provided to the hallways of access to healthcare especially to indigent the hospital in the patients, ensuring not only their recovery, but wee hours of the also helping alleviate them from their burdens morning. Some of of poverty. Last year, the Social Servicethem are tired from long commutes, hailing department received P6,526,027 from thefrom provinces far away. Many of them take Foundation. One of the biggest donationsthe long journey to Manila because of the good came from the donor of the Eye Institute, whichword that has been spread about the social opened a special cataract program that wasservice department. They come to St. Luke’s able to serve a total of 157 indigent patients.as a refuge of hope: to seek assistance theycouldn’t find elsewhere, and to ask for care03 ANNUAL REPORT 2017

OVER 71% Cataract 7% Surgical and Operation Expenses6MILLION 10% Diagnostic procedures and 2% OthersP medicinesin total alloted to social service 10% Medicationfunding. Assistance2 2 1 Number of MORE THAN 2X patients served in 2017. the number of patients served in 2016.ANNUAL REPORT 2017 04

MEDICAL OUTREACH PROGRAMS Medical missions in underserved areas. have always been a Last year, the disbursement for outreach cornerstone of this Foundation. They are programs increased by 33 percent. And our one of the reasons that continued partnership with various groups and we continue to do this organizations has allowed us to serve almost 20 work. Unsung heroes thousand patients from all over the Philippines: come flying high when from Bulacan, to Romblon, to Tarlac—ourmedical and surgical outreach programs are mighty doctors and nurses have traversed theorganized, as they allow our practitioners to rough roads to lend a hand. These includeinteract with urban and rural villages who have medical, dental, and surgery treatments.no access to basic medical services. Thisallows a great number of physicians to ventureout to provinces with little-to-no doctors, inorder to provide for the Filipinos who are living05 ANNUAL REPORT 2017

P1 , 3 6 5 , 3 0 4 54% Medical 1% OB Cases Treatment, Screening, alloted to outreach programs 12% Dental Check Up 19,936 5% Minor Surgery 1% ENT Treatment, Screening, Check up total number of patients served 4% Optha Surgery including Check up & 9% Others Screening 06 4% ECG & X-Ray 4% Circumcision 3% Diabetes 1% Major SurgeryANNUAL REPORT 2017

MEDICAL SCHOLARSHIP PROGRAM For a young dreamer, the Foundation provides full scholarships the gift of learning is to promising students from lower income truly unmatchable. brackets. In 2017, four new Foundation The St. Luke’s College scholars entered the college as freshmen. of Medicine is one of the renowned medical schools in the Philippines. Foryears, underprivileged students who wish topursue medicine have successfully becomedoctors through the college’s scholarshipprograms. We at the Foundation believethat the aspiration to become a doctorshould be available to all, especially thosewho have exceptional potential. Every year,07 ANNUAL REPORT 2017

5,280,049P total amount alloted to medical scholarships. Almost DOUBLE the amount alloted last year.15 total medical student 80% Scholarship scholars who are 20% Continuing Foundation-funded. Medical Education ANNUAL REPORT 2017 08

MEDICAL RESEARCH & DEVELOPMENT Research and 463,000 development is essential for medicine. P This allows skilled doctors and scientists allotted to research and to make innovations or development in 2017 seek new discoveries. In specific cases like thePhilippines, research allows us to work towardspro-poor strategies. This year, we have disbursedP463,000 for research and development, inhopes that it will help support breakthroughs thatwill benefit the Filipinos.09 ANNUAL REPORT 2017

ANNUAL REPORT 2017 10

2017 FINANCIAL STATEMENTS HIGHLIGHTS Statement of Assets, Liabilities and Fund Balance As of December 31, 2017 and 2016 (All Amounts in Philippine Peso) Statements of Total Comprehensive Income For the years ended December 31, 2017 and 2016 (All Amounts in Philippine Peso) Statements are audited by Isla Lipana & Co.11 ANNUAL REPORT 2017

BOARD OF TRUSTEES Frederick Y. Dy, Chairman Robert F. Kuan Alonzo Q. Ancheta Lenora A. Cabili Winfred Y. Huang Nilo B. Peña Rt. Rev. Manuel C. Lumpias Arturo S. De La Peña, MD Melissa R. Aquino, Independent Trustee ADMINISTRATIVE STAFF Arturo S. De La Peña, MD, President Editha M. Simeon, Treasurer REGULAR STAFF Jude C. Trinidad, Foundation ManagerMelabel S. Layos, Finance and Administrative Assistant VOLUNTEER STAFF Olivia B. Yao, Resource Generation Director Marites B. Lontabo, Finance Manager James Roy C. Pascual, Deputy Finance Manager Julbert Erym O. Vindua, Finance AssistantNiña Mirrela C. Bautista, Resource Generation Assistant


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