Proclamation No. 658, s. 1990

, MALACANANG PMS LIBRARY MANILA OCT 2 6 1990 BY THE F'RE::; I DENT OF THE F'H I L I F'P I t"ES F'ROCLAMAT I ON NO, 658 S~ 02.7 AUTHORIZING THE HERO FOUNDATION, INC" TO CONDUCT A NATIONAL FUND CAMPAIGN FOR A PERIOD OF ONE YEAR i ' "-i~- WHERAS, HERO Fc,u",jati'Jn, Inc" a non-st'Jc:, l,on-pr'Jfit a1"j charitable organizatiol' is an el,tity prin)arily comrflitted f'JI' the purpose of pr'Jvidin,~ free e,jucati'JI,al '~rants an,j other forrfls IJf assistance to chi Id1'en of n)en)bers of the Arn)e,j F'Jrces 'Jf the F'hi I ippines and the II,te'~rate,j Natiol,al F'olice wh'J ,:lie 'JI" get pern)anel,tly incapacitate,j in the line of ,juty; . ~'HEREA:3, the n'Jble a1"j lau,jable purp'Jses 'Jf the sai,j f'Ju1"jation ,jeserve the full supP'Jrt of the public as well as the private sect'~r; NOW, THEREFORE, I, CORAZON C. A{~UINO, Presi,jen.t 'Jf the F'hilipines, by virtue 'Jf the p'Jwers veste,j it' me by law, ,j'J . he1'eby auth'Jrize the HERO Foul"jatiol', Inc" to c'Jn,juct. a natiol,al ful,d campaigl' for a per i'Jd 'Jf one (l) year. ef fective Up'JI' the pr'JII)ulgation of this Proc lan-lation, F'Jr this purp':1se, all ,j'J"atiol's, be'=1uests an,j gifts recei ved by the HERO Fou1"jat ion, I nc " f 01' the implemel,tatio1' 'Jf its pr'J'~ran)s, pr'Jjects an,j activities shall be free f r'Jni all f01'nis 'Jf ta;{:es and shall be ,jeductible in full fr'rli the il'c'n)e 'Jf the d'Jn'Jr for purposes 'Jf con)pLting his incon)e ta;{: liability, subject to the pe,til'el,t plovisi'JI'S ,:)f Secti'JI's 94 l:a)(:3) al"j I:b) (2) al"j '. 29 (:h) (2)' (C) (: i) ,f the Natiol,al Internal Revenue Co,je, as amel"jed . IN WITNES=3 WHEREOF, I have hereunto set n)y han,j an,j --- c ause,j the sea I 0 f the Repub 1 i c -,:) f the F'h i I i pp i nes t'J be a f f i ;{:ed , D':)I,e in the Ci ty ,f Mani la, this 22nd day 'Jf Oc tober, in the year of Our LJr,j, I,ineleel' hul,dre,j I,il,ety, By the Presidel,t: jj'"' , ~ M,f(1(IS~~-:- . E;-::ecutive Secretary.