INSTITUTION OF A PUBLIC CHARACTER (IPC) - ONLINE INFORMATION

Non-Financial Information Financial Information

1.Non-Financial Information

Name of organisation: Singapore Polytechnic

Address Contact Information
500 Dover Road
SIngapore 139651
Name of Contact Person Ong Yoke Yin
Telephone No: 6772-1833
Fax No: 6772-1982
Email Address: contactus@sp.edu.sg
Web-site Address: www.sp.edu.sg
Charity Status IPC Status
Charity Regn No. Exempted Singapore Polytechnic Endowment Fund
Effective Date: From 01/04/2003 to 31/03/2026
Member of Education Central Fund
Member of Education Central Fund
UEN No.: T08CC3015L
Charity Regn Date 01/01/1983
Constitution Singapore Polytechnic Act
(chapter 303)
Date of Establishment 27/10/1954
UEN No. T08GB0056A
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. Mr David Tan (Chairman)
2. Mr Soh Wai Wah (Member and Treasurer)
3. Mr Joseph Chua Yi Xin (Member)
4. Dr Azlinda Bte Anwar (Member)

Key Officer
1. Mr Teo Wui Khiang (General Secretary)
Annual Report (SPEF) FY2019-20
Annual Report (SPEF) FY2018-19
Annual Report (SPEF) FY2017-18

2. Financial Information on Singapore Polytechnic Endowment Fund

INCOME Apr 2017 - Mar 2018
(S$'000)
Apr 2018 - Mar 2019
(S$'000)
Apr 2019 - Mar 2020
(S$'000)
Donation in Cash      
Tax Deductible 1,790 8,749 733
Non Tax Deductible 2,544 419 316
Donation in Kind      
Tax Deductible      
Non Tax Deductible      
       
Government Grants 5,749 1,334 13,057
Investment Income (Interest income) 981 1,049 1,966
       
Investment Gains / Loss 50  0  0
Programme Fees      
Others (please specify) - Other income / Inter-Fund Transfers 10,258 169 56
       
Total Income for the year 21,372 11,720 16,128
EXPENSES   Apr 2017 - Mar 2018
(S$'000)
Apr 2018 - Mar 2019
(S$'000)
Apr 2019 - Mar 2020
(S$'000)
Fund Raising Expenses      
Direct Expenses      
Charitable Activities Expenses           
Local (includes Direct & Support Costs)    1,729 2,268 2,681
Overseas (includes Direct & Support Costs)      104 121 27
Other Expenses      
Total Expenditure 1,833 2,389 2,708
Surplus/(Deficit) for the year 19,539 9,331 13,420
BALANCE SHEET Apr 2017 - Mar 2018
(S$'000)
Apr 2018 - Mar 2019
(S$'000)

Apr 2019 - Mar 2020
(S$'000) 

Assets      
Land & Buildings      
Other Tangible Assets      
Investments 23,671 35,877 39,475
Inventories      
Accounts Receivables (MOE Matching Grants Receivable) 0 0  0
Cash & Deposits (Fixed Deposits, CLM & Cash in Bank) 40,117 37,242 47,065
Others (please specify)      
Total Assets 63,788 73,119 86,540
       
Funds      
Unrestricted Funds 2,243 2,485 2,803
Restricted Funds (Applied for Specific Purposes) 18,363 18,037 17,948
Endowment Fund (Seed Capital Endowment Fund) 43,182 52,597 65,789
Total Fund 63,788 73,119 86,540
       
Liabilities      
Current Liabilities      
Non-Current Liabilities      
Total Liabilities 0 0 0
       
Total Funds & Liabilities 63,788 73,119 86,540

 

Last updated on 15 April 2021

Non-Financial Information  | Financial Information

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