aug11.2015 cpcso charity fund to reach p9 billion this year

8/20/2019 aug11.2015 cPCSO charity fund to reach P9 billion this year

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PCSO charity fund to reach P9 billion this year

The Philippine Charity Sweepstakes Office (PCSO) hopes to extend charity services

to more individuals this year as the agency projects its funding for individual assistance

institutional assistance and other medical and social programs to hit P! "illion#

$t the presentation of the agency%s plans and directions for &' "efore the *ouse

Committee on $ppropriations PCSO +eneral ,anager -erdinand .ojas // said the charity

fund of the PCSO usually represents &' percent of the agency%s operating "udget for the

whole year#

-or this year .ojas told the appropriations committee chaired "y .ep# /sidro T#

0nga" (1rd 2istrict 2avao City) that their operating "udget for &'3 is expected to hit

P1 "illion of which a"out P! "illion or &' percent will "e for charity programs and

 projects#

0nga" in4uired how much is the total PCSO funding for medical assistance which

includes medicines medical e4uipment hospital assistance among others# The lawmaker 

 proposed that all medical assistance to needy patients and other individuals "e

consolidated into one program to eliminate leakages#

0nga" said aside from charity funds from the PCSO there are also medical

assistance funds coming from the proceeds of the Sin Tax 5aw allotment to the

2epartment of *ealth (2O*) for assistance to specialty hospitals and state universities

and colleges (S0Cs) with hospitals among others# There are also assistance from the

2epartment of Social 6elfare and 2evelopment (2S62) lawmakers and local

government officials according to 0nga"#

7/t would "e a very good program to consolidate all these medical assistance into

one to eliminate leakages# 6e should make a study on this8 said 0nga"#

The PCSO is the principal government agency mandated to raise and provide funds

for health programs medical assistance and services and charities of national character#

The five charity services of PCSO are9 individual assistance in the form of 

/ndividual ,edical $ssistance Program (/,$P) and :ndowment -und Program;

institutional assistance in the form of financial assistance to institutional partners who are

the regular "eneficiaries facilities upgrading medicine donation and medical e4uipment

donation; special projects; community outreach programs; and mandated contri"utions#

The /,$P include re4uests for9 hospitali<ation; dialysis; medicines; chemotherapy

drugs; la"oratory=diagnostic procedures; and wheelchair hearing aid implant=prosthesis#

NR # 3923C

AUG 11, 2015

8/20/2019 aug11.2015 cPCSO charity fund to reach P9 billion this year

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-or &'3 the /,$P fund has reached P>#3 million daily a "ig jump from the P?

million daily funding in &''# The /,$P services include9 out@patient consultation;

medicine donation; am"ulance conduction of indigent patients; assistance for victims of 

calamities and national emergencies; patient assistance through :ndowment -unds with

hospitals#

The :ndowment -und Program provides financial grant to hospitals health care

facilities government and non@government organi<ations (A+Os)# -or &'3 P'#?

million have so far "een released to 3& government hospitals#

,eanwhile the /nstitutional Program (/P) of the PCSO provides financial grants to

orphanages home for the aged homes for street children and the like# /n &'3 P!#>

million has so far "een allotted to &' facilities#

The PCSO gaming revenues from 5otto 5otto :xpress 2igit +ames /nstantTickets and ,ini@Sweepstakes reached PB#?&! "illion covering the period &'' to une

&'3# /t also posted a P?#B "illion Small Town 5ottery (ST5) revenue from &'' to uly

&'3#

-or &' the PCSO aims to sustain its revenue growth through development of 

mass@"ased games opening of more new "ranches nationwide addition of lotto outlet

 partners new marketing channels and expansion of ST5 operations# /t also aims to expand

its charity services and enhance its organi<ational capa"ility# (1') rbb