Dec 20
P1.5 M FROM SOCIAL FUND TO SUPPORT FAP FLAGSHIP PROJECTS by fapweb  |  Posted in Articles  |  on Wed, Dec 20, 2006

Malacañang donated another P1.5 subsidy to the Film Academy of the Philippines as the last and final half of the P3 million approved by President Gloria Macapagal-Arroyo last May to help the Academy stay afloat in the face of budgetary difficulties brought about by the substantial slash in its share from the Metro Manila Film Festival earnings.

GMA FUND SUPPORT TO FAP. Photo shows Presidential Management Staff Executive Director Sec. Cerge M. Remonde (center) in a firm handshake with FAP Director General Leo Martinez (3rd from right) after handing over the check for 1.5 Million. Others in photo, from left, are: Chief of Staff Butch Junia and Office for Special Projects Dir. Mayette Tamondong, both of PMS; and Pablo Gomez, Manuel Morfe and Joel Apuyan, all FAP officers. – Photo courtesy of Manila Bulletin

PMS chief Cerge Rimonde turned over a P1.5 million check to FAP Director General Leo G. Martinez last Tuesday, December 12 in Malacañang.

The office of the President granted the first tranche of P1.5 million to FAP last May 17, 2006 to backstop the implementation of the FAP’s major projects.

In effect, this amount, together with the P1.35 million share the academy received as its share of the Metro Manila filmfest earnings, kept the academy going for the last 11 months.

Some other workshops and seminars this year were funded by the National Commission for Culture and the Arts.

The FAP was getting its 30% share of the filmfest earnings for the past several years. This was drastically cut to 10% this year, setting in motion the budgetary constraints that hobbled the academy.

The timely endowment of the first P1.5 million tranche enabled the FAP to hold its 24th annual Luna Awards which was hailed by critics as a very relevant awards program that even focused on the eight heritage sites in the country as chosen by UNESCO.

But there were other FAP projects that benefited from the social fund donation. These included the Academy’s Scriptwriting-Storyline contest,
the Pride Campaign, and the Pelikulang Pampanitikan project which intends to transfer into digital films the masterpieces of Philippine literature which are included in our elementary, high school and college curricula. Another beneficiary is the FAP website project which underwent upgrading this year.

FAP Director General Leo G. Martinez emphasized that the last tranche of the fund donation from the office of the President will provide the financial requirements for the ongoing Pride campaign and Pelikulang Pampanitikan projects.

Rimonde specifically mentioned the Pelikulang Pampanitikan and the Pride campaign projects of the FAP as worthy of support and subsidy.

He added that if the FAP share from the Metro Manila filmfest remained at 10%, the academy will have to request fund donation from the office of the President to shore up its finances next year.

He said that the Luna Awards will have its silver anniversary next year. This early, the academy must find ways and means to generate funds to make the 25th year anniversary of the Luna Awards meaningful, Martinez stressed.