HERO Foundation was instituted in 1988. As there was a growing and continuing requirement to help the families of fallen soldiers, they approached a group of distinguished leaders of business and industry of the country and appealed for help. Among the well-respected businessmen who responded to the call were Don Jaime Zobel de Ayala, Henry Sy, Sr., Washington SyCip, Patricio Lim, and Raul Concepcion. The business group then established HERO Foundation, Inc

HERO stands for Help, Educate, and Rear Orphans. Since then, the foundation has been providing educational stipends to military orphans. The financial support helps keep orphans in school as it covers much needed requirements such as school supplies, transportation, meals and even a portion of their tuition fee.