The Monark Foundation, Inc. was established in 1997 with the mission of providing job opportunities to determined, less-privileged youth through knowledge, skills and values that will enable them to become responsible citizens, making a difference in society. It offers scholarships and subsidized technical training to Filipino high school graduates from different parts of the country that pass the screening and qualifications set by the Foundation.

MFI became an accredited educational institution under the Dual Training System (DTS) of Technical Education and Skills Development Authority (TESDA). This paved the way for partnerships with industry leaders who received the scholars of MFI as trainees in their companies especially with the growing demand for HEST (Heavy Equipment Servicing Technology) graduates in the Philippines as well as in other countries.