Session 1: Friday, May 22, 2026 * 9AM to 12NN via Zoom
Session 2: Thursday, May 28, 2026 * 9AM to 12NN via Zoom
Session 3: Friday, May 29, 2026 * 9AM to 12NN via Zoom
Session 4: Wednesday, June 3, 2026 * 9AM to 12NN via Zoom
Session 5: Thursday, June 4, 2026 * 9AM to 12NN via Zoom
Session 6: Thursday, June 18, 2026 * 9AM to 5PM
Edsa Shangri-La Hotel, Mandaluyong City
For many foundations and non-stock, non-profit organizations (NSPOs), staying compliant with ever-evolving BIR, SEC and AMLA regulations can be complex and overwhelming. One misstep could mean losing tax-exempt status, facing donor distrust or risking legal penalties.
This six-session SEC-accredited training is designed to help you get it right — and stay ahead. You will gain a clear understanding of the laws, procedures and best practices governing tax exemptions, donor deductibility, fund accounting and compliance reporting. You will also get insider insights on PCNC accreditation, AMLA compliance and recent BIR and SEC issuances that directly impact your organization.
This seminar will equip you with the tools and knowledge to protect your organization’s integrity and maximize donor confidence. Learn how to strengthen transparency, avoid common pitfalls and build a stronger, more accountable non-profit.
Make compliance your advantage. Join us to ensure your organization remains mission-driven and audit-ready.
He was the Commissioner of the Bureau of Internal Revenue from 2009 to 2010. He also served the government in various capacities in this agency and as Chairman of the Board of Accountancy.
He was a partner in SGV and at Reyes Tacandong & Co. where he was in charge of tax services. Presently, he is the dean of the University of the Philippines’ Virata School of Business.
He has a degree in Business Administration and Accountancy from the University of the Philippines, where he graduated cum laude and ranked number 1 in the CPA licensure exam in 1979. He also took his MBA from UP. He completed the International Tax Program and the Program on Information Technology for Fiscal Systems in Harvard University.
I. Introduction
• Overview of Foundations and NSPOs
• Importance of Tax Exemption in the Philippine Context
• Objectives of the Training
II. Legal and Regulatory Framework
• Definition and Classification of NSPOs (BIR, SEC, AMLAC)
• Relevant Laws and Regulations:
- National Internal Revenue Code (NIRC)
- Republic Act No. 11232 (Revised Corporation Code)
- Anti-Money Laundering Act (AMLA)
III. Fund Accounting and Financial Management
• Concept of Fund Accounting
• Restricted vs. Unrestricted Funds
• Preparation of Financial Statements in Compliance with PFRS for Small Entities
• Internal Controls and Audit Requirements
• Financial Transparency and Accountability Best Practices
• DSWD HELPS
IV. Securing Tax Exemption Certification
• Eligibility Criteria
• Application Process and Documentary Requirements (BIR Forms, Board Resolutions, etc.)
• Validity and Renewal of Certification
• Common Grounds for Denial and Remedies
• Recent BIR Rulings and Issuances Affecting Tax Exemption Certification
V. Tax Issues and Guidelines for Foundations and NSPOs
• Inurement Provisions and Private Benefit Doctrine
• Unrelated Business Income Tax (UBIT)
• Donations and Gift Tax Exemptions
• Withholding Tax Obligations
• Annual Information Returns and Compliance Reporting (BIR Form 1702-EX, 2316, etc.)
• BIR Revenue Memorandum Orders and Circulars
VI. Tax issues for Donors to Foundations and NSPOs
• Pre-Donation Compliance
• Documentation of Donation
• Donor’s Tax Exemption
• Tax Deductibility of Donation
VII. SEC Regulatory Considerations
• SEC Registration Requirements
• Submission of General Information Sheets (GIS) and Financial Statements
• Beneficial Ownership reporting
• SEC Memorandum Circulars on Corporate Governance
• SEC Monitoring and Compliance Programs
• SEC Alerts on Foundations and NSPO Compliance
VIII. PCNC Accreditation and Donor Perspectives
• Role of the Philippine Council for NGO Certification (PCNC)
• Accreditation Process and Documentary Requirements
• Benefits of PCNC Accreditation (e.g., Donee Institution Status)
• Donor Confidence and Fundraising Implications
IX. Anti-Money Laundering Compliance
• Introduction – What is Money Laundering?
• Why are NSPOs Vulnerable?
• Common Methods of Misuse
• Case Studies / Examples
• Impacts of NSPO Misuse
• Mitigation Strategies
• Red Flags to Watch Out For
X. Case work, discussion and consultation
Contact Person: Camille Joyce Jonas
Mobile Number (+63 939) 914-8689
Telefax: (+632) 8842-7148 or 59
Email: camille.cgbp@yahoo.com
