The PBA contribution, meanwhile, is geared towards the training and development of the athletes for the 2018 Asian Games in Indonesia and the 2019 SEA Games here in the country. Carpio hits red carpet treatment for China Coast Guard PLAY LIST 02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player award View comments Photo by Tristan Tamayo/ INQUIRER.netWith eyes geared towards helping Philippine sports as a whole, the PBA has extended a helping hand to the Philippine Olympic Committee (POC).Led by PBA commissioner Willie Marcial, the Board of Governors donated a sum of P46 million on Sunday which was received by POC president Ricky Vargas.ADVERTISEMENT Sports Related Videospowered by AdSparcRead Next Truck driver killed in Davao del Sur road accident San Miguel Corporation (SMC) sports director Alfrancis Chua also expressed his company’s desire to help Vargas in his tenure in the POC, saying that all of these is for the betterment of Philippine sports as a collective.“In San Miguel, we want to help the athletes in any way we can. My boss Ramon S. Ang donated 20 million so that we can help our Filipino athletes,” he said.Receiving the checks with Vargas were POC chairman Abraham “Bambol” Tolentino, secretary-general Pato Gregorio, deputy secretary-general Karen Caballero, Samahang Basketbol ng Pilipinas (SBP) president Al Panlilio, National Chess Federation of the Philippines (NCFP) president Prospero Pichay, and Association of Boxing Alliances in the Philippines (ABAP) secretary Ed Picson.Vargas said that there are already selected programs where the funds will go to.The SMC contribution will be for a specific NSA that the company will opt to godfather, while the MVPSF fund will be for incentives of medal-winning athletes and programs.ADVERTISEMENT Volcano watch: Island fissures steaming, lake water receding Scientists seek rare species survivors amid Australia flames P16.5-M worth of aid provided for Taal Volcano eruption victims — NDRRMC LATEST STORIES Lights inside SMX hall flicker as Duterte rants vs Ayala, Pangilinan anew ‘Stop romanticizing Pinoy resilience’ MOST READ Green group flags ‘overkill’ use of plastic banderitas in Manila Sto. Niño feast In fight vs corruption, Duterte now points to Ayala, MVP companies as ‘big fish’ Jo Koy draws ire for cutting through Cebu City traffic with ‘wang-wang’ Don’t miss out on the latest news and information. Victolero: Magnolia ‘surrendered’ in endgame vs Phoenix The San Miguel Corporation and the MVP Sports Foundation each gave P20 million in checks to the POC, while all 12 PBA teams chipped in P500,000 to amount to the league’s P6 million contribution.“I would like to thank with gratitude the PBA for their contribution and San Miguel Corporation and the MVPSF. These are all directed contribution towards athletes, towards NSAs for the program for Southeast Asian Games and Asian Games,” said Vargas. “We are very thankful for all of these contributions for the athletes, for the program, and for the country.”FEATURED STORIESSPORTSGinebra beats Meralco again to capture PBA Governors’ Cup titleSPORTSAfter winning title, time for LA Tenorio to give back to Batangas folkSPORTSTim Cone, Ginebra set their sights on elusive All-Filipino crownMarcial said that the act of goodwill was an initiative of the Board of Governors back in their planning session in Hong Kong.“The Governors said that they wanted to help and support the POC since the president is also our chairman,” he said.