Cory Aquino

Her Advocacies



BSAF was established to perpetuate the memory, ideals and values of the late Senator Benigno S. Aquino, Jr.. The Foundation was led by his widow, former President Corazon C. Aquino, a well-respected, globally-recognized and inspiring leader.

When President Cory’s term ended, BSAF became her primary vehicle for continuing to engage non-governmental organizations (NGOs) and people’s organizations (POs) that played a key role in empowering communities and reviving democratic institutions alongside her administration. With the help of donor groups, BSAF, through the Institute for People Power and Development (IPPD) supported programs to strengthen cooperatives, human rights education among law enforcers, and microfinance institutions. The Foundation also used part of its endowment fund to grant scholarships to poor but deserving students, to sponsor occasional symposia on democratic themes, and to give recognition to exemplary individuals and groups, which were dubbed as “People Power People”.

Legally registered as a Philippine nonprofit organization with the Securities and Exchange Commission and certified by the Philippine Council for NGO Certification (PCNC), BSAF was renamed the Ninoy and Cory Aquino Foundation (NCAF), a few months after Mrs. Aquino passed on.

 Today, NCAF seeks to build on the legacy of Ninoy and Cory by supporting activities that embody the spirit of People Power as a strong and positive force for social change in a robust democracy.


Board and Management

The NCAF Board of Trustees is composed of respected men and women, who had earned the trust of Mrs. Aquino over the years.


Ma Elena Aquino Cruz

President & Executive Director:

Rafael C. Lopa


Victoria Elisa Aquino Dee


Rafael Maria C. Vinzon

Corporate Secretary:

Michael B. Tantoco


Manuel V. Francisco, S.J.


Daniel A. Lichauco


Jaime C. Lopa

The management team is composed of committed persons who share their skills, expertise, time and other resources with NCAF.


Strategies, Programs and Activities


Legacy & Advocacy Promotion

Aquino Center & Museum:  The Center the memorabilia of Ninoy & Cory Aquino and important artifacts pertaining to the EDSA People Power Revolution. It also engages in materials development such as AVPs and movie documentaries.

Iamninoy-iamcory Movement: A youth mobilization and empowerment program that prods young Filipinos to surface their innate heroism in the mold of Ninoy and Cory Aquino. Elements of the campaign include:  leadership formation, program development, participation in fora and conferences on leadership and service to country, and production and sales of merchandise by retail partners linked to specific advocacies.

The Ninoy & Cory Aquino Leadership Journey: In partnership with the Ninoy & Cory Aquino Center for Leadership, the Journey is bi-annual leadership formation program for young leaders. The program invites the youth leaders to undergo a 3-day transformative experience and be living witnesses of leadership. It is hoped that young persons will be moved to commit to a life of service and mission through effective and impactful community work.

People Power People: re-launched to continue the advocacy of the late President Cory Aquino by recognizing groups and organizations that have made inroads in empowering marginalized communities and sectors


Fundraising & Grant-giving

The Aquino Center & Museum: The Center’s convention facilities generates funds that covers a portion of its operating requirements

Yellow Sale: a pre-holiday Bazaar featuring iamninoy-iamcory retailers, social enterprises and micro-enterprises.

EDSA Run:  An annual marathon to commemorate the story of the 1986 EDSA People Power Revolution and raise funds for various advocacies

Ride for Cory: an annual bike ride conducted to raise funds for cancer awareness

Iamninoy merchandise: in partnership with retail brands, proceeds from merchandise sales raises funds for various advocacies/charities.  A portion of the proceeds also goes to the Foundation to cover operational expenses

ASA Philippines Foundation: in partnership with Assisi Foundation, BSAF (now NCAF) made a donation that made possible the establishment of ASA Philippines Foundation, a non-profit, non-stock corporation that has become one of the fastest-growing and best-performing MFIs in the Philippines.   



PinoyME: Former President Corazon C. Aquino convened a group of businessmen, leaders of microfinance institutions (MFIs) and other development organizations, and the academe into a social consortium to flesh out a people power strategy against poverty by strengthening the capacity of MFIs to empower marginalized individuals through micro-enterprise. People Powered Markets – a “reverse trade fair”, conducted in partnership with the Philippine Business and Social Progress (PBSP) and PinoyME Foundation, through which community-based small or micro-enterprises can link up with capacity-builders, aggregators, funders and big companies in the mainstream value chain. 

Institute for People Power and Development: or IPPD serves as the Foundation’s implementing arm for supporting and institutionalizing people power initiatives in partnership with other organizations. In partnership with the Hanns Seidel Foundation, IPPD has been helping steward human rights dialogues at the national and regional level to facilitate discussions on human rights issues among the military, police, local governments and civil society.



Essential Cory Aquino   What's New   Her Presidency   Her Works   Her Advocacies    Tributes  FAQs  A Call to Reflection & Action  Contact Us
Copyright © 2010 Ninoy & Cory Aquino Foundation • All rights reserved.