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SM Foundation lauds 397 college scholar-graduates  

SMFI 397 scholar 1
The SM Foundation (SMFI) celebrates the feat of 397 SM scholars from class 2023, including 8 summa cum laude, 72 cum laude, 55 magna cum laude, and 26 academic distinction awardees. Joining the event is SMFI trustee Engr. Ramon Gil Macapagal, SM Investments (SMIC) Chairman Emeritus Jose Sio, SMIC executive director Harley Sy, SM Engineering Design and Development Corporation (SMEDD) president Hans “Chico” Sy, SMFI independent trustee Dr. Lydia Echauz, and SMFI Executive Director for Education Programs Carmen Linda Atayde.

The SM Foundation (SMFI) celebrated the graduation of its 397 scholars from the class of 2023, including 8 summa cum laude, 72 cum laude, 55 magna cum laude, and 26 academic distinction awardees.

Held at the SMX Convention Center in Pasay City, the presentation of graduates served as a mark of the significant milestone in the scholars’ academic journeys and a testament to their resilience and determination to uplift their families and illuminate a path for future generations.

The inspiring event was joined by scholars’ families, esteemed partners, and the SM Foundation’s heads, including the foundation’s Executive Director for Education Programs, Carmen Linda Atayde.

In her address, Atayde emphasized the transformative power of education: “Behind these impressive statistics lie stories of triumph over challenges, stories of dreams pursued against all odds. These scholars, hailing from humble backgrounds, have shown that with opportunity and hard work, one can break the intergenerational cycle of poverty.”

Atayde also recognized the support of mentors, educators, and the Sy family, noting how their efforts have paved the way for success, not only for today’s graduates but also for the communities they represent.

Echoing the vision of the SM group’s founder, Tatang Henry Sy Sr., SMFI Executive Director Debbie Sy also emphasized the importance of education as a tool for social mobility and poverty alleviation.

“As we stand here today, let us remember the vision of Tatang, who believed deeply in the power of education to break the shackles of poverty,” she said.

Addressing the scholars, Sy reminded the SM scholars of their role as catalysts for change in their communities: “You are the living proof of the transformative power of education. The SM Foundation Scholarship Program’s goal is not just academic success but to break the intergenerational cycle of poverty.”

“Now, armed with knowledge, be agents of social good in your communities. Your journey doesn’t end here; it’s a new beginning, and we can’t wait to witness the positive impact you’ll create,” she capped.

The SM Foundation’s Scholarship Program, established in 1993, has provided financial and holistic support to over 8,000 college and technical-vocational scholars, empowering them to pursue their academic aspirations and contribute to the betterment of their families.

This cements the SM group’s commitment to social good in the last 40 years, ensuring that deserving students, especially from low-income communities, have access to quality education and the opportunity to break the cycle of poverty.

SM Foundation Senior Asst. Vice President for Education – Scholarship warmly welcomes the 2023 SM scholar-graduates


SM scholar-graduates from Batch 2023 during their special performance dedicated to their loved ones, the Sy family, and the SM group.

On the sidelines of the 2023 Presentation of the SM College Scholar-Graduates event, SM scholars from across the Philippines bond and create lifelong friendships.

Tears of joy. SM Foundation’s event honors the hard work of scholars and opens the limitless possibilities ahead of them.

Download the photos here: https://bit.ly/SMFIscholargrad2023

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