Dr. Albarracin, PHINMA Foundation Honored by UPERDFI
PHINMA Vice Chairman Dr. Magdaleno B. Albarracin Jr. has been recognized by the University of the Philippines Engineering Research and Development Foundation (UPERDFI) for his unwavering commitment for the organization’s activities supporting the UP College of Engineering (UP CoE) in the past five decades.
Dr. Albarracin, a former UPERDFI chairman, was among the institution’s “Legacy Donors” or top ten benefactors since 1972 honored during the Thanksgiving Dinner on Feb. 7 at the Makati Sports Club.
The UPERDFI also recognized Dr. Albarracin as a Platinum Donor and PHINMA Foundation as a Gold Donor from December 2022 to November 2023 during the event.
To recall, Dr. Albarracin worked with PHINMA Foundation in providing funding for 11 professorial chairs for the UP CoE — of which six are still being used today.
Dr. Albarracin’s key contributions include a P50 million donation for the upgrade of the Electrical and Electronics Engineering Institute laboratories in 2023. He also led a matching fundraising campaign in 2008 for the construction of the Engineering Centennial Dormitory Building 1, now known as the Concordia Albarracin Residence Hall, which caters to male graduate students of UP Diliman.
A UP electrical engineering alumnus himself, Dr. Albarracin believes in the importance of using business as a force for good by investing in the engineers of tomorrow.
“Education plays a crucial role in nation-building, which is why businesses and leaders like myself must take the lead in investing in our students. The future of our nation lies in these aspiring engineers who will map out the blueprint for progress and chart the course for further development,” said Dr. Albarracin.
The PHINMA Foundation has been empowering high school students from 13 different regional and science high schools, as well as college engineering students from 10 various colleges and universities across the Philippines since the inception of its Science Education and Engineering program in 2006 — a testament to its enduring commitment to fostering the potential of Filipino youth.
This academic year, the Foundation proudly supports 87 high school and 44 college students by ensuring they have the necessary resources and support to pursue and complete their college education.