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Memorandum of Understanding (MOU)
Memorandum of Understanding (MOU)
and
Dumalogdog Elementary School, BIDA Eskwela Partner Beneficiary, herein represented by its duly
authorized officer, Albert D. Hisoler, hereinafter referred to as the “BIDA Partner”
WITNESSETH: that
● the BIDA Project Lead together with various organizations have conducted a fundraising
campaign;
● the BIDA Project Lead serves as the Overall Lead of BIDA ESKWELA together with its
BIDA Angels (team members)
● the BIDA Project Lead will allot to the Co-BIDA cash donation for their respective project
initiatives;
● the BIDA Project Lead and/or BIDA Angels will conduct monitoring of the use of the cash
donation;
NOW, THEREFORE, RECOGNIZING the foregoing premises, the parties hereby agree on the
following terms and conditions representing the responsibilities of the parties:
ACKNOWLEDGEMENT
BIDA Eskwela and the BIDA Partner acknowledge and agree to comply with all terms and
conditions contained in this Memorandum of Understanding.
GENERAL CONDITION
This MOU is signed in good faith by both parties for mutually beneficial alliance.
Bida Partner:
Contact Number:
Bank:
Account Name:
Account Number:
Signature: Signature: