The Bonifacio Statue in marble dust and resin with a bronze finish is an 18-inch replica of the Bonifacio Monument at Pugad Lawin by Sculptor Anastacio Caedo.

Anastacio Caedo is a one of the Philippines greatest sculptors. He produced commissioned sculptors mainly of National Heroes.

Anastacio Tanchauco Caedo (14 August 1907–12 May 1990) was a Filipino sculptor. His style of sculpture was classical realist in the tradition of his mentor, Guillermo Tolentino.

His best known works include the MacArthur Landing site in Palo Red Beach, Leyte; the Benigno Aquino Monument which was originally at the corner of Ayala Avenue and Paseo de Roxas in Makati; the Bonifacio Monument in Pugad Lawin, Balintawak; and numerous statues of Jose Rizal, most notably the ones displayed in Philippine embassies throughout the world. He produced numerous commissioned representational sculptures mainly monuments of national heroes and successful Filipino politicians, businessmen, and educators.

Caedo is also notable for having refused the honor of being awarded a National Artist of the Philippines – in 1983, 1984, and 1986.