To Our Dear ADNU Benefactors Donating through Philippine Jesuit Foundation:
Greetings of Peace!
In order to respond to concerns raised on the service fee charged to donations to Ateneo de Naga but coursed through the Philippine Jesuit Foundation (PJF), the PJF Board of Trustees decided in its August 8, 2008 meeting to lower the fee from seven percent (7%) to three percent (3%), on the assumption that the Universities will cover any shortfalls prorated according to the volume of donations received.
In the past, Ateneo de Naga simply absorbed this service charge. Now it will absorb four percent less! A good development, especially if the volume of donations coursed through the PJF increases significantly!
May this encourage our donors to extend more help to the scholars of the Ateneo de Naga - especially in our high school!
Thank you very much for your continued support!
Gratefully in our Lord,
Fr. Joel E. Tabora, S.J.
Trustee, Philippine Jesuit Foundation
President, Ateneo de Naga University
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