WHEREAS, it is deemed necessary to create a
foundation which will promote, encourage and initiate research and
development projects and activities in social sciences, humanities,
social and amelioration and allied fields.
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines,
by virtue of the powers vested in me by the Constitution as
Commander-in-Chief of all the Armed Forces of the Philippines, and
pursuant to Proclamation No. 1081 dated September 21, 1972, and General
Order No. 1 dated September 22, 1972, do hereby create the Nayong
Pilipino Foundation, a body corporate, with its main executive office
at Manila, hereinafter known as the Nayong Pilipino.
1. The purposes and objectives of the Nayong Pilipino
are as follows:cralaw:red
(a) To promote, encourage, espouse and/or initiate
research and development projects on social sciences and humanities and
related fields;chanroblesvirtualawlibrary
(b) To formulate a comprehensive social welfare
program for the upliftment, improvement and amelioration of the social
and economic conditions of the unfortunate destitute members of our
society with the end in view of availing maximum utilization of their
potentialities in the solution of the country's problems;chanroblesvirtualawlibrary
(c) To encourage and facilitate the active
participation of the domestic and foreign sectors in furnishing
financial, technical and other forms of assistance for the Foundation's
social welfare programs;chanroblesvirtualawlibrary
(d) To promote and encourage the dissemination of the
results of its researches and studies in social sciences and humanities
and to encourage their practical application to problems of the masses;chanroblesvirtualawlibrary
(e) To establish, set up and/or maintain scholarships
or professional chairs in order to foster, promote and encourage the
study and improvement of fundamental or pure research, applied
research, developmental work and/or economic evaluation in the fields
of social sciences or humanities;chanroblesvirtualawlibrary
(f) To establish parks and recreation centers for the
promotion of tourism in this country; and
(g) To construct, improve, enlarge or equip or to
cause the building, improvement, enlarging or equipping of buildings,
libraries, laboratories, workshops or other educational accessories,
required for scientific research; to establish, maintain, or others to
establish or maintain institutions doing research of all kinds in the
fields of social sciences and humanities.
2. The Foundation shall be a non-stock, non-profit
public corporation, organized, established and operated in the public
interest and no portion of its funds and income shall inure to the
benefit of any of its members.
3. The policy-making body of the Nayong Pilipino
shall be the Board of Trustees composed of a Chairman and eight Members
to be appointed by the President for a term of one year. The chairman
and members shall be persons genuinely interested in the promotion of
the purposes and objectives of the Foundation.
4. The Board of Trustees shall ordain and promulgate
rules and regulations to govern the organization, meeting of the Board,
its officers, their powers and duties, as well as other officers, and
their duties, and matters pertinent to the management and operation of
the Nayong Pilipino, in a Code of By-Laws which shall be passed by an
affirmative vote of the majority of all the members. chanroblesvirtualawlibrary
5. The Board shall appoint an Executive Secretary who
shall take charge of administering the affairs of the Foundation and
shall act as secretary to the Board.
6. The Nayong Pilipino shall have the power to sue
and be sued; to contract and be contracted with; to own and hold such
real and personal property as shall be necessary for corporate
purposes; to receive real and personal property by gift, devise or
bequest; to adopt a seal and alter the same; to adopt by-laws, rules
and regulations not inconsistent with the provisions of this Decree; to
exercise all the general powers of a corporation established under the
Corporation Law; and to do all such acts and things as may be necessary
to carry into effect the provision of this Decree.
7. The ownership and title to the property now
actually occupied by the Nayong Pilipino Foundation is hereby
transferred in fee simple to the Nayong Pilipino, subject to the
following conditions:cralaw:red
(a) The title to the land conveyed by this Decree
shall not be transferred by the Nayong Pilipino to another person or
entity without previous authorization by the President of the
Philippines;chanroblesvirtualawlibrary
(b) The Nayong Pilipino is hereby authorized to
mortgage the property referred to above for the purpose of carrying out
its objectives and purposes only; and
(c) In case the Nayong Pilipino is dissolved or
ceases, for any reason, to undertake its objectives, or ceases to need
the land for any reason, said land shall ipso facto revert to the
National Government without compensation.
8. The Nayong Pilipino shall be exempt from all forms
of taxation whatever and from duties and all other imposts on any
equipment, articles or goods that it may import from abroad which may
be reasonably necessary for use in or as part of its operation.
9. The Nayong Pilipino shall at the end of every
calendar year, submit to the President of the Philippines and Congress
an annual report containing the activities of the corporation and
showing clearly its exact financial condition, the sources of all
receipts and the purposes of all disbursements.
10. If any clause, paragraph or part of this Decree
shall be adjudged to be invalid, the same shall not affect, impair or
invalidate the other provisions of this Decree.
11. This Decree is hereby made part of the law of the
land and shall take effect immediately.
Done in the City of Manila,
this 6th day of November, in the year of Our Lord, nineteen hundred and
seventy-two.
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