Philippine Development Foundation

Name

Philippine Development Foundation

Legal name

Philippine Development Foundation

Website

https://phildev.org

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Nonprofit STEM Education and Technopreneurship

NAICS

Grantmaking Foundations (813211), Grantmaking and Giving Services (81321)

SIC

Services-Educational Services (8200)

akta.pro primary industry

Scholarship & Fellowship Foundations and Trusts (EDADAHAC)

akta.pro secondary industries

Research & Science Grantmaking Foundations (BPAGAKAI), International Grantmaking & Development Foundations (BPAGAKAH)

Keywords

• STEM education programs
• Nonprofit scholarship programs
• Technopreneurship training
• University innovation centers
• Diaspora philanthropy

Headquarters

HQ city

Foster City

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Donations and Memorial Gifts: PhilDev is a non-profit organization funded through donations from individuals, corporations, and memorial gifts in honor of founder Dado Banatao.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Philippine Development Foundation is a non-profit foundation that delivers STEM education, innovation, and entrepreneurship programs to Filipino students and universities. Its core offerings include scholarships (PSES), technopreneurship training (TechED), a learning lab (YBLL), and a university empowerment program (TechUP), supplemented by a MULAT mentorship program and an annual THRIVE Gala. The foundation operates offices in Palo Alto, California and Pasig City, Philippines, and is funded primarily through donations and grants.

Product overview

Philippine Development Foundation operates as a non-profit organization offering a portfolio of STEM education and technopreneurship programs. The core offerings include the PhilDev Science and Engineering Scholarship (PSES) for financially constrained STEM students, Technopreneurship Education and Training (TechED) for student and educator development, the Young Banatao Learning Lab (YBLL) for entrepreneurship skills, and TechUP which empowers universities to establish technopreneurship centers. The THRIVE Gala and Awards celebrates achievements in the STEM community. These programs work together to enable Filipinos to thrive in STEM through education, innovation, and entrepreneurship.

Differentiator

Problem solved

Functional benefit

Brands

• PhilDev Science and Engineering Scholarship (PSES): Program supporting talented yet financially constrained STEM students to increase the number of Filipino science and technology experts.
• Technopreneurship Education and Training (TechED)
• Young Banatao Learning Lab (YBLL)
• Technopreneurship Center Empowerment for Universities in the Philippines (TechUP)

Products and services

• PhilDev Science and Engineering Scholarship (PSES)

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• Philippine Artificial Intelligence Retreat (PAIR)coreStrategic or Co-development Partner · 20 June 2025PhilDev collaborated with Philippine Artificial Intelligence Retreat (PAIR) to host the inaugural US-Philippines AI Summit on June 20 at Stanford University. This event united global experts to advance Filipino innovation in Artificial Intelligence.
• Wadhwani FoundationcoreStrategic or Co-development Partner · 29 May 2025PhilDev Foundation and Wadhwani Foundation, two global foundations built by visionary Asian technopreneurs Dado Banatao and Romesh Wadhwani (both Silicon Valley success stories), are joining forces to transform technopreneurship education in the Philippines. This partnership leverages both foundations' expertise and resources to support the next generation of Filipino innovators.

Scale indicators2 records

Recent moves6 records

Expansion highlights4 records

Regional players

• LEAD Philippines (Laureate Education): Philippines-focused higher education network under Laureate International Universities operating multi-campus tertiary STEM/business programs. Adjacent ecosystem player rather than a scholarship grantmaker.

Direct peers

• Wadhwani Foundation: Strategic co-development partner of PhilDev; founded by Indian-American Silicon Valley entrepreneur Romesh Wadhwani. Operates parallel technopreneurship and startup education programs across emerging markets with comparable diaspora-funded, capacity-building model.
• Philippine Business for Social Progress (PBSP): Largest Philippine business-led social development foundation, active in education, livelihood, and innovation. Operates in the same donor/partner ecosystem as PhilDev and frequently co-funds education access programs.
• Aboitiz Foundation: Philippine corporate foundation of Aboitiz Group focused on education, environment, and enterprise development. Comparable Philippine operating context and STEM-adjacent capacity-building work.
• Ayala Foundation: Major Philippine corporate foundation (Ayala Group) running education, youth leadership, and community programs in the Philippines. Same Filipino education/development focus as PhilDev but with far larger corporate backing and operational scale.

Emerging players

• Schlumberger Foundation / FACES program: Funds STEM scholarships (especially women) from developing countries, including the Philippines. Comparable scholarship-to-STEM-talent pipeline model though backed by a corporate parent with much larger resources.
• Lemelson Foundation: US-based foundation funding STEM/invention education and entrepreneurship. Aligns with PhilDev's technopreneurship/youth-innovation programs but at a broader global scale and in the US institutional context.
• GoFarUSA / Filipino-American philanthropic community orgs: Filipino-American educational/philanthropic organizations supporting students in the Philippines. Overlap with PhilDev's diaspora-driven funding and STEM-talent mission.
• Mano Amiga Academy Philippines: Non-profit operating one-on-one scholarship and education programs for low-income Filipino students. Smaller and more direct-delivery than PhilDev but addresses the same financial-access barrier to quality STEM/general education.

Broad incumbents

• Asian Development Bank Foundation: Large multinational development institution financing Philippine education, innovation, and entrepreneurship. Adjacent, enabling ecosystem counterpart rather than a direct grantmaking peer.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@phildev7541?feature=shared
• Facebookfacebook.com/philippinedevelopment
• LinkedInlinkedin.com/company/phildev
• Instagraminstagram.com/phildev_org
• Xx.com/phildev_org

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Philippine Development Foundation