Magsaysay Award was established by which of the following trustees?

The correct answer is Rockefeller Brothers Fund.

Key Points

• The Magsaysay Award was established in 1957 by the Rockefeller Brothers Fund to honor the legacy of Ramon Magsaysay, the third President of the Philippines.
• It is Asia’s premier and highest honor recognizing individuals and organizations for their selfless service and transformative leadership.
• The award is named after Ramon Magsaysay, who was known for his integrity, courage, and dedication to public service.
• The Rockefeller Brothers Fund provided the initial endowment and continues to support the Ramon Magsaysay Award Foundation.
• The award categories include government service, public service, community leadership, journalism, literature, and creative arts.

Additional Information

• Ramon Magsaysay Award Foundation (RMAF):
  • The RMAF was established in Manila, Philippines, to administer the award and its related activities.
  • The foundation organizes the annual award ceremony and oversees the selection process.
  • It is dedicated to promoting the values of service, integrity, and leadership in Asia.
• Ramon Magsaysay:
  • Ramon Magsaysay was the President of the Philippines from 1953 to 1957.
  • He was widely admired for his anti-corruption policies and advocacy for social justice.
  • His leadership style focused on empowering ordinary citizens and fostering democratic values.
• Rockefeller Brothers Fund:
  • Founded in 1940, the Rockefeller Brothers Fund is a philanthropic foundation based in the United States.
  • It supports initiatives in areas like sustainable development, peacebuilding, and social justice.
  • Its involvement with the Magsaysay Award reflects its commitment to transformative leadership and community development.
• Significance of the Award:
  • The Magsaysay Award is often regarded as the "Nobel Prize of Asia."
  • It highlights the importance of ethical leadership and dedication to the common good.
  • Recipients are recognized for their contributions to improving the lives of people across Asia.