21Nov2024

Making a Difference Building Dreams Creating Impact Saving Lives

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Contacts

HEAD OFFICE:                          548 Market Street,
San Francisco, CA 94104         USA

PROJECT OFFICE:                  Pearl Condo, Bldg A, 15 Fl., Kabar Aye Pagoda Rd.,      Yangon, Myanmar

hello@marykyapfoundation.org

US: +1 415 991 2030                 US: +1 415 799 8282                    MM: +95 9 977 66 7777

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INDIVIDUAL SPOTLIGHT

Business Icon for the Ages

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 Our INDIVIDUAL SPOTLIGHT series writeup looks at one of the most admired business executives and what he stood for that contributed to this masterful achievement.  No one could have expected an orphan infant, Steve Paul Jobs, who was adopted as a baby, to spearhead and lead a company that sold to more than 1.65 billion customers worldwide.

When Steve Jobs was born in San Francisco on February 24th, 1955, he became an orphan at an infant age due to his biological parents’ grinding decisions. He was subsequently raised in a stable, lower-middle-class adoptive family in Cupertino, California, in what is now known as Silicon Valley. Steve grew up in a setting conducive to developing an interest in computers. His adoptive father, Paul, was a machinist whom Steve called “a genius with his hands.” Steve’s adoptive parents were warm and loving, making him feel special. They promised the birth mother to send Steve to college, where he dropped out after one year to pursue other life passions.

“There’s some notion that because I was abandoned, I worked very hard so I could do well and make my parents wish they had me back or some such nonsense, but that’s ridiculous,” he insisted. “Knowing I was adopted may have made me feel more independent, but I have never felt abandoned. I’ve always felt special. My parents made me feel special. They were my parents 1,000%,” a response Steve Jobs shared about his adoption.

Our Foundation continues to look forward to working with our worldwide partners, our ambassadors, and our troop of dedicated volunteers to bring the best in the empowerment of our orphaned children’s communities in Myanmar. We learned from Steve Job’s orphan childhood that children cannot stop enjoying regular and purposeful life.   Orphan children can be loved and emotionally supported during their early years of development, even if the upbringing must be under the guidance of adoptive parents. 

Our board will continue to provide hope and love to all underserved children in Myanmar. Our goal remains to reach vulnerable children and integrate them well into their communities.   Steve Jobs had shown that he, too, could live everyday life and be emotionally secure and confident of his abilities even when he was adopted.

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CORPORATE NEWS

Our Aspiring Mission

Mary K. Yap Foundation operates by its core mission to transform the lives of Myanmar orphans to become independent and productive members of the community. The Foundation believes these orphaned children can prosper when given proper guidance and support. They deserve the undivided love and care from the people who believe in them and provide hope. We are humble to serve the interest of these disadvantageous children during the past twenty years.

Our aspiring organizational mission is to provide every orphan with the enduring hope that they, too, have equal access to quality educational programs and sufficient facilities and tools to aid them in a brighter future.

The Foundation engages in socially impacting activities that would help these orphaned children develop their skills in communicating and interacting with others and building their self-confidence. Thus, the Foundation ensures these orphaned children will be empowered and become reliable community citizens.

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COMMENTARIES

US Tax Benefits

Mary K. Yap Foundation received the “Determination Letter” from the US Department of Treasury International Revenue Services in January 2017. As a result, the organization was awarded a (501) c3 private foundation status to address the world about needy orphans and youths in Myanmar (Burma) and the urgent help needed to develop programs to support their education, health, and medical shortages.   In addition, the foundation aims to support disadvantaged and vulnerable orphaned children through financial assistance and relief initiatives. According to the United States Internal Revenue Code Section, a 501(c) classification is a non-profit organization in the United States federal law. It is one of over 29 types of non-profit organizations exempt from some federal income taxes. 

The company’s filings with the California State Registry of Charitable Trust allow the organization to organize charitable programs and events in California to maintain good standing with the Office of the Attorney General. Mary K. Yap Foundation operates for non-profit purposes within the California 23701d Revenue and Tax Code Section provisions to keep the tax-exempt status.  It adheres to the highest standard of transparency on how the funds are used and allocated to carry out the foundation’s mission to empower orphan communities in Myanmar.

Tax exemption is one of the biggest benefits of a 501(c)(3) classified company. The exemption allows  Mary K. Yap Foundation from federal and state taxes, sales, and property taxes.   On top of these regular taxes, the payroll taxes are also included in the list of federal and state exemptions, helping the foundation save money over time for the orphanages to allocate more donation money to support the charitable cause. 

Another benefit the non-profit organization enjoys is making the foundation seem more credible to the public. Since the organization is not operating for profit, the donor community can receive tax deduction certificates when they make charitable gifts to the organization.   The company is also eligible to apply for grants on federal, state, and local levels. Other entitlements such as discount postage rates and special non-profit mailing privileges are also on the list of benefits for (501) c3 organizations. 

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CORPORATE NEWS

Our Vision for a New Hope

Our vision is to bring the most significant impact on the orphan community in Myanmar by delivering quality programs so that they can prosper and become successful citizens in their communities.  

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CORPORATE NEWS

Three core pillars

The Mary K. Yap Foundation firmly upholds these three core pillars, Unity, Excellence, and Integrity, in our everyday actions and decisions.

These core values represent our organization to the world.

UUnity is one of the guiding principles that an organization must possess to deliver the best goals. Therefore, the Mary K. Yap Foundation brings together a group of passionate volunteers and staff from different cultures, religions, and nationalities to understand that Unity is the essential cornerstone of the foundation that holds everyone together. 

EExcellence defines our committed position on behalf of the children we serve, and we deserve nothing less than excellence in our performance, thinking, and approach to pursuing their best interests. Every work must be done with excellence in mind. Through our commitment to excellence in all our actions, we can grow and encourage the innovation and creativity required to find more effective ways of achieving our mission.  Our quality of work measures our commitment to excellence, the quality programs we administer, and the improved care and protection these orphaned children receive.

IIntegrity is the foundation of trust and confidence. It involves honesty, morality, and ethical principles. The Mary K. Yap Foundation is always transparent in dealing with orphaned children, their well-being, and those who support the foundation’s mission. Integrity is a choice we make, and it is a choice we must keep making repeatedly. Integrity must always be part of any reputable foundation because it involves trust from those who receive help and the faith of those who donate to the charity.

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CORPORATE NEWS

Myanmar-Orphan Project

Mary K. Yap Foundation believes in its mission to transform the lives of Myanmar Orphans to become independent and productive members of the country’s society. One of the projects that the Mary K. Yap Foundation supports and would like to introduce is the “Myanmar Orphans – www.myanmarorphans.org”

This project aims to help orphans improve their learning potential and provide access for disadvantaged children to excel. It also aims to advance Myanmar Orphans to become responsible citizens of Myanmar country.

The project includes different programs such as education, nutrient and food development, sustainable solutions, social welfare, and disaster support assistance initiatives that help orphans achieve greater equal opportunities that are not easily accessible or not possible for disadvantaged children.