112715As LFI’s 3-year accreditation from Philippine Council for NGO Certification (PCNC) comes to an end, LFI re-applied for a certification renewal for 2016. A Non-Government Organization (NGO) may get a 1, 3, or 5-year certification depending on the organization’s years of existence and evaluation ratings.

This certification from PCNC is considered a seal of good housekeeping that prospective donors and funding agencies may look for in their selection of NGOs to support. Once an NGO has been judged to have met the minimum criteria for certification, the PCNC Board offers a 3-year or 5-year certification, and then informs the Bureau of the Internal Revenue (BIR) for the issuance of a BIR Certificate of Registration as qualified donor institution.

PCNC certifies local NGOs that comply with government requirements. They make sure that the NGOs maintain transparency, especially since most of them receive donations from individuals and corporations.

A team of evaluators from PCNC visited LFI last 24 November 2015. The team members were: Dr. Hipolito P. Palcon, part time faculty from Philippine Women’s University Manila, Mr. Marcos T. Lim, CPA from Ocampo, Leong, Lim & Co. and Ms. Mhel C. Mateo, certification organizer from PCNC.

Their evaluation covered governance, networking, vision, mission, goals, program operations, financial management and administration. The team reviewed various LFI documents, interviewed board members, officers, and pertinent staff. Then, the evaluators held a wrap-up session among themselves to discuss their findings and make recommendations which they will submit to the PCNC Board for deliberation and approval.

LFI is hopeful to get the NGO certification renewal soonest.

P10.54

0.20
1.93%

   

 

As of 22 Nov 2017