[1] Mowelfund is a non-stock, non-profit social welfare, educational and industry development foundation established in 1974 by Joseph Estrada, at that time Mayor of San Juan and President of the Philippine Motion Picture Producers Association.

In December 2011 Francis Tolentino, chair of the Metropolitan Manila Development Authority, expressed support for transferring responsibility for the festival back to private industry.

[2] With about 4,500 members, Mowelfund provides financial support for hospitalization, surgery, medical fees and death benefits, and helps with housing and employment.

[7] In June 2011 Mowelfund organized a fundraising concert at the Cultural Center of the Philippines to celebrate the 92nd anniversary of Dalagang Bukid, the first Filipino-produced film, which was directed by Jose Nepomuceno.

Performers included Mitch Valdes, Dulce, Bituin Escalante, Jolina Magdangal and Janno Gibbs, supported by the Philippine Philharmonic Orchestra.