DESPITE their operations and sales being badly hit by the pandemic, a total of Php 359, 672.07 was remitted by the Philippine Charity Sweepstakes Office (PCSO) to the Philippine Sports Commission (PSC) at the PCSO Main Office in Shaw Boulevard, Mandaluyong City, Thursday.
The PSC was represented by Commissioner Celia Kiram and Cashier Maybelle Panis who formally received the check from PCSO Charity Assistance Department Officer-in-Charge Jerusa Corpuz in simple ceremonies. This fifth remittance for 2020 brings this year’s PCSO total remittance to Php 1,816,527.03.
“PSC is so happy that despite the pandemic, PCSO generously gave their share for the development of sports” said Commissioner Kiram.
The PCSO has been at the forefront of the country’s sports development program. In February alone, the PSC received a total of Php 1,456,854.96 from PCSO, a month before the COVID-19 lockdown in the country was effected.
In 2019, the PCSO released a total of Php 2.3 million to the agency, the same year when the country hosted and clinched the overall championship of the 30th Southeast Asian Games held last November 30 to December 11.
This is a regular remittance of the charity agency as provided for in Section 26 of R.A. 6847, which indicates that thirty percent (30%) representing the charity fund and proceeds of six (6) sweepstakes of lottery draw per annum shall be given to the PSC to help fund the country’s sports development programs. (PR)
- Xendit launches cardless installment option in PH
- Security Bank and Krungsri approve capital infusion to SB Finance
- Editorial Cartoon of the Day
- ADD’L DOSES | Top official: City may also receive Novavax vaccines
- Online campaign pushes for takeover of Nordeco areas
- Suspect in shabu arrested
- ROUGH CUTS | What could be Duterte’s legacy?
- PARADIGM SHIFT | ASEANS’s cheap talk on democracy
- BDO posts P28.2-B net income in 2020
- pandaTODA riders share their success stories