The Charles & Agnes Kazarian Foundation confirms a US$ 2 million
allocation to its Washington SyCip Education Initiative.

The Initiative will
support primary education loans for low income Filipinos through the
Kazarian-SyCip Fund, established in the Philippines by Washington

SyCip announced the establishment of the Kazarian-SyCip Fund
at his 90th birthday celebration in Manila on June 30, 2011.

Allocations by the Kazarian-SyCip Fund will be based on benchmarking and
best practice research by J-InterSect, a global performance improvement
company at the nexus of the commercial and social sectors.

The Foundation has agreed to provide funds in a manner consistent with these
global benchmarks and high value-add best practices and compliant with
its mission to empower great aspirations in the whole human family. Each
Project Report will incorporate J-InterSect’s proprietary ABC process:
(A.) detailed analysis of the best two or three global benchmarks from
an initial list of 40 plus, (B.) insight from a minimum of 20 high
value-add executives and thought leaders, and (C.) analytical research
that vastly exceeds the current 10 best-in-class materials. The
Foundation has commissioned the first J-InterSect customized Project
Report on providing loans for primary education to those in poverty.

Philippines-based collaborating organizations include the Center for
Agriculture and Rural Development (CARD) Inc. and the Synergeia
Foundation, Inc.

The Charles &
Agnes Kazarian Foundation is a private operating foundation established
in 1998. The Kazarian Foundation seeks to empower great aspirations in
the whole human family.

The Kazarian Foundation focuses on global
economic development, education, and healthcare initiatives. Its
mission is guided by two principles: (1.) the
knowledge contained in “New Philanthropy Benchmarking: Wisdom for the
Passionate” , especially the principle that the social sector can achieve
transformative change by cultivating intense positive competition among
its stakeholders, and (2.) that a society is best judged by its success
in empowering the most disadvantaged, especially those with disabilities.