2016 ANNUAL REPORT

R AY St. Luke’s Medical Center Foundation, Inc. OF HOPESt. Luke’s Medical Center Foundation, Inc.2016 Annual Report ANNUAL REPORT 2016

St. Luke’s Medical Center Foundation, Inc.THANK YOUFOR YOUR GENEROSITY!Cover photographs by Jilson Tiu ANNUAL REPORT 2016

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 social welfare programs, and provide support for research and continuing medical education, and to promote the well-being of poor, marginalized, and gifted Filipinos.

St. Luke’s Medical Center Foundation, Inc.2016 was a transformational year for us. We were Other than this astounding donation income, very productive in our mission of generating we also celebrate a number of things in 2016. enough resources to keep our charitable, One is that the Foundation has received educational, and social welfare programs renewed accreditation of three years from afloat. Quality healthcare for all has always the Philippine Council for NGO Certification, been the hallmark of our business, including a recognition that will attract more potential being able to provide opportunities of medical donors, and allow us to help more people. 2016 education for those who cannot afford it, as also marked the launch of the Foundation’s well as supporting innovativeness through first long-term Community Adoption Program medical research and development. with a community in Taguig City, a tripartite effort of the Foundation with the Department This year has been a banner year for the of Social Welfare and Development, and the Foundation. For the first time, we were able to Nursing Care Group of St. Luke’s-Global City. obtain a donation income and endowment fund Lastly, we are seeing exciting progress in our totalling P59 million. This is a truly a remarkable research and development, as new medicines feat for the team, as they had also just began are being conjured that will benefit more in working with the Foundation last year. need.“Quality heathcare Indeed, it was a transformational year forfor all has always St. Luke’s Foundation, Inc.. And so, we enterbeen the hallmark 2017 with an inspired spirit. Thank you forof this business.” your confidence as we continue to drive the Foundation towards achieving our mission of being able to provide quality healthcare for all. Sincerely, Frederick Y. Dy Chairman of the Board Edgardo R. Cortez, MD President

St. Luke’s Medical Center Foundation, Inc.A TRANSFORMATIONAL JOURNEYThe Foundation was established on 2012, dedicated toupholding and supporting St. Luke’s long-standing traditionof providing the public with quality healthcare, especiallyindigent patients who need it the most. St. Luke’s stoodas the hospital for the poor, the marginalized, and thedisadvantaged. We continue to strive to become a beacon oflight and a ray of hope for our Filipino brothers and sisters. With that, we are proud to present our strong results—detailed in this review—that has allowed us to keep strong thefour pillars constant in our journey. These are the guidepoststhat fuel our motivation in the course of our everyday work.Provide care for those Hone bright minds andmost in need, through shape the future ofour Medical Social Medicine by offeringService Programs. Medical Scholarship Programs.Reach out tothe underserved Support doctors andcommunities through scientists in their plightour Medical Outreach for discovery andPrograms. innovation by funding Medical Research and ANNUAL REPORT 2016 Development.

MEDICAL SOCIAL SERVICE

St. Luke’s Medical Center Foundation, Inc.Medical Social Service provides assistance to those who need it the most, ensuringnot only the recovery of indigent patients, but also providing aid by helping alleviatethem from their burdens of poverty. The absence of a reliable social welfare system in the country has made theFoundation’s work in supporting the St. Luke’s Social Service arm even moreimportant, by augmenting and complimenting their programs to reach more people. In 2016, the number of Social Service beneficiaries that the Foundation hadsubsidized more than doubled, and a good portion of these patients are thepoorest of the poor. In addition, the Foundation, in partnership with the NursingCare Group of St. Luke’s–Global City and the DSWD, also launched the CommunityAdoption Program with a village in Taguig City, targeting long-term lifestlylechanges for their residents.9 3 Number of patients 9% served in 2016. 4% 9%2 4 Number of patients 10% 54% served in 2015. 14%Medication Assistance Medical Supplies OthersDiagnostic Procedure Cost of ChemodrugsOperating Room Charges4,766,600P Total amount alloted to social service funding. ANNUAL REPORT 2016

MEDICAL OUTREACH PROGRAMS

St. Luke’s Medical Center Foundation, Inc.Medical and surgical outreach programs allow our practitioners to interact withurban and rural villages who have no access to basic medical services. This lackof medical access is a common problem for many small communities. As there is agreat number of physicians in urban areas, outreach programs are crucial in that itallows competent practitioners to venture out to places with little to no doctors, inorder to provide for the Filipinos in underserved areas. Although disbursement for outreach programs dived by almost 50%, the numberof projects has in fact doubled, thanks to our partnership with Sagip Bayan, whichhas allowed us to venture out to more communities. In these activities, St. Luke’sdoctors, nurses, and volunteers served constituents as far as Romblon, Bataan, andAurora, and included numerous procedures including major surgeries.1 , 0 2 8 , 8 8 8 Totalamount disbursed into outreachP programs in 2016.14,027 8,000 Number of patients served 7,500 Total number of patients served OpthalSmurolgiocgaly 7,000 Dental 6,500 Major Surgery [40] Others 6,000 Minor Surgery [633] 5,500 Circumcision [876] ProcedMureediscal 5,000 Eye Check-up/Consultation [850] 4,500 Eye Surgery [43] 4,000 Dental [2,450] 3,500 ECG [415] 3,000 OB-GYNE Check-up [110] 2,500 Sugar Test [432] 2,000 Medical Procedures [8,178] 1,500 1,000 500 0ANNUAL REPORT 2016

MEDICAL SCHOLARSHIP PROGRAM

St. Luke’s Medical Center Foundation, Inc.For the underprivileged with dreams of pursuing medicine, entering medical schoolis seen as a burden to their families. These bright young minds oftentimes findthe dream to be selfish—as they are expected by their parents to work instead inorder to help sustain their families. However, we at the Foundation believe that theaspiration to become a doctor should be available to all. The Foundation provides full scholarships to promising students especially fromlower income brackets—which includes payment for their tuition fees, laboratory,clinical and miscellaneous fees, as well as book allowance. For a medical educationof four years, tuition fee costs alone can go up to P1.3 million. In 2016, two bright scholars were included into the Foundation’s roster.11 Medical students who are Foundation- funded.3,628,351P Total amount granted to Medical Scholarships. ANNUAL REPORT 2016

MEDICAL RESEARCH & DEVELOPMENT

St. Luke’s Medical Center Foundation, Inc.One of the pillars of medicine is continuous research and development. This allowsskilled doctors and scientists to discover new cures, or provide new ways to manageprotocols for illnesses. In specific cases like the Philippines, research allows us toseek pro-poor strategies, or to create vaccines from natural resources abundant inour country. For example, we have disbursed more than one million pesos for research anddevelopment, as a study on anti-inflammatory properties of an herbal plant is underwraps at the St. Luke’s College of Medicine’s Research Management Office. As theresearch becomes more intensive, we hope that this local medicine will soon beavailable to all.1 , 2 8 1 , 2 5 0P Total amount granted to research & development2 x More than the amount granted in the previous year ANNUAL REPORT 2016

St. Luke’s Medical Center Foundation, Inc.2016 FINANCIAL STATEMENTS HIGHLIGHTS Statements of Assets, Liabilities and Fund Balances As at December 31, 2016 and 2015 (All Amounts in Philippine Peso) * On October 7, 2016, the Foundation received a cash donation from an individual donor amounting to P50million. Following the conditions set by the donor, the Foundation will utilize the amount for treatment andsurgery of indigent cataract patients and eye surgical and clinic missions in the outskirts of Metro Manila over aperiod of 10 years starting 2017. Statements of Total Comprehensive Income For the years ended December 31, 2016 and 2015 (All Amounts in Philippine Peso) Statements are audited by Isla Lipana & Co.ANNUAL REPORT 2016

BOARD OF TRUSTEES Frederick Y. Dy, Chairman Manuel B. Zamora, Jr. Robert F. Kuan Alonzo Q. Ancheta Bun Chin Hwang Lenora A. Cabili Winfred Y. Huang Nilo B. Peña Juan B. Santos Conrado S. Dar Santos Tony Tan Caktiong Jose F.G. Ledesma Rt. Rev. Manuel C. Lumpias Edgardo R. Cortez, MD Melissa R. Aquino, Independent Trustee ADMINISTRATIVE STAFF Edgardo R. Cortez, 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 Allan P. Quijano, Finance Manager Noemi M. Irasusta, Finance Manager James Roy C. Pascual, Deputy Finance Manager Julbert Erym O. Vindua, Finance Assistant