INSTITUTION OF A PUBLIC CHARACTER (IPC) - ONLINE INFORMATION

Name of Organisation: Singapore Polytechnic

Address

Contact Information

500 Dover Road
Singapore 139651

Charity Status

IPC Status

Charity Regn No:	Exempted
Charity Regn Date:	01/01/1983
Constitution:	Singapore Polytechnic Act (Chapter 303)
Date of Establishment:	27/10/1954
UEN No:	T08GB0056A

Singapore Polytechnic Endowment Fund

Effective Date : From 01/04/2003 to 31/03/2021

Member of Education Central Fund

UEN No : T08CC3015L

Objectives

Programs/Activities

The objectives of the Singapore Polytechnic Endowment Fund are:

To promote Singapore Polytechnic ("SP") as a Centre of Excellence in Education.

To provide financial assistance to needy or deserving students.

To recognise achievements of outstanding students through the provision of scholarships, prizes and awards.

To provide scholarships to deserving graduates pursuing undergraduate courses.

The Polytechnic is principally engaged in providing studies, training and research in Technology, Science, Commerce and Arts.

Board Members

Annual Reports

Investment Committee

1. Ms Amanda Tan Hwei Ling (Chairman)

2. Ms Grace Yow Mai Chan (Member)

3. Mr Soh Wai Wah (Member)

4. Mr Whang Shang Ying (Member)

Key Officers

1. Mr Chan Boon Cher Kelvin (Covering Secretariat)

2. Ms Jeannie Cheong (Treasurer)

Auditor : Foo Kon Tan LLP

UEN No : T10LL0002B

INCOME	Apr 2015 - Mar 2016 (S$'000)	Apr 2016 - Mar 2017 (S$'000)	Apr 2017 - Mar 2018 (S$'000)
Donation in Cash
Tax Deductible	1,280	1203	1,790
Non Tax Deductible	41	58	2,544
Donation in Kind
Tax Deductible
Non Tax Deductible

Government Grants	1,518	1,203	5,749
Investment Income (Interest income)	374	924	981

Investment Gains / Loss	17		50
Programme Fees
Others (pls specfiy) - Other income / Inter-Fund Transfers	418	630	10,258

Total Income for the year	3,648	4,018	21,372

EXPENSES	Apr 2015 - Mar 2016 (S$'000)	Apr 2016 - Mar 2017 (S$'000)	Apr 2017 - Mar 2018 (S$'000)
Fund Raising Expenses
Direct Expenses
Charitable Activities Expenses
Local (includes Direct & Support Costs)	1,506	1,481	1,729
Overseas (includes Direct & Support Costs)		119	104
Other Expenses
Total Expenditure	1,506	1,600	1,833
Surplus/(Deficit) for the year	2,142	2,418	19,539

BALANCE SHEET	Apr 2015 - Mar 2016 (S$'000)	Apr 2016 - Mar 2017 (S$'000)	Apr 2017 - Mar 2018 (S$'000)
Assets
Land & Buildings
Other Tangible Assets
Investments	16,025	27,881	23,671
Inventories
Accounts Receivables (MOE Matching Grants Receivable)		1,203
Cash & Deposits (Fixed Deposits, CLM & Cash in Bank)	25,807	15,165	40,117
Others (pls specify)
Total Assets	41,832	44,249	63,788

Funds
Unrestricted Funds	1,513	1,601	2,243
Restricted Funds (Applied for Specific Purposes)	7,756	8,611	18,363
Endowment Fund (Seed Capital Endowment Fund)	32.563	34.037	43,182
Total Fund	41,832	44,249	63,788

Liabilities
Current Liabilities
Non-Current Liabilities
Total Liabilities	0	0	0

Total Funds & Liabilities	41,832	44,249	63,788

Last updated on 9 October 2018