The establishment of El Nido Foundation, Inc. (ENF) was
spearheaded by the Andres Soriano Jr. Foundation (ASJRF), under the leadership
of Carlos T. Soriano. ASJRF was the pioneering development organization in El
Nido through the Ten Knots Development Corporation (TKDC), owner and developer
of El Nido Resorts.
Then TKDC owners, Andres Soriano Corporation and Nissin
Sugar Manufacturing Corporation, organized the El Nido Foundation with the end
view of improving the quality of life of El Nido residents while at the same
time conserving the natural environment of the area.
General administrative and
operating expenses of the Foundation are funded primarily by interest income derived
from the endowment (now at PhP 18.2M), from the seed fund established by the
Andres Soriano Jr. Foundation, Andres Soriano Corporation, and Nissin Sugar
Manufacturing Corporation. Both local and foreign donors fund program costs.
The El Nido Foundation was registered with the Securities
and Exchange Commission on June 21, 1994.