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POC to establish incentive trust fund for nat l athletes

(File photo) MANILA - The Philippine Olympic Committee (POC) will establish an exclusive special incentive trust fund for national athletes who win medals in the Southeast Asian Games, Asian Games and Olympics. POC President Rep. Abraham "Bambol" Tolentino announced on Monday the creation of the fund after the POC awarded checks representing the body's incentives to medalists in last month's Vietnam 31st Southeast Asian Games. The POC, Tolentino said, will use as seed money the PHP2 million left from a total PHP13 million sourced from the body's principal supporters Manuel V. Pangilinan's MVP Sports Foundation, Ramon S. Ang's San Miguel Corp. and Charlie Gonzales's Ulticon Builders Inc. "This trust fund is another milestone for the POC, it has never been done before and we are establishing the fund to motivate and inspire our athletes when they compete abroad," said Tolentino, who also presided over the POC Executive Board meeting at the Kn

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