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
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
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) FY2021-22

Annual Report (SPEF) FY2020-21

Annual Report (SPEF) FY2019-20

 

2. Financial Information on Singapore Polytechnic Endowment Fund

INCOME Apr 2019 - Mar 2020
(S$'000)
Apr 2020 - Mar 2021
(S$'000)
Apr 2021 - Mar 2022
(S$'000)
Donation in Cash      
Tax Deductible 733 945 756
Non Tax Deductible 316 861 558
       
Government Grants 13,057 1,435 1,655
Investment Income 1,966 2,497 310
Other income 56 25 58
       
Total Income For The Year 16,128 5,763 3,337
EXPENSES   Apr 2019 - Mar 2020
(S$'000)
Apr 2020 - Mar 2021
(S$'000)
Apr 2021 - Mar 2022
(S$'000)
Charitable Activities/Programmes Expenses      
Local (includes Direct & Support Costs)    2,681 3,202 2,701
Overseas (includes Direct & Support Costs)      27 44 -
Total Expenditure 2,708 3,246 2,701
Surplus For The Year 13,420 2,517 636
BALANCE SHEET Apr 2019 - Mar 2020
(S$'000)
Apr 2020 - Mar 2021
(S$'000) 

Apr 2021 - Mar 2022

(S$'000) 

Assets      
Investments 39,475 5,512 1,503
Cash & Deposits 47,065 83,545 88,189
Total Assets 86,540 89,057 89,692
       
Funds      
Unrestricted Funds 2,803 3,264 3,370
Restricted Funds (Applied for Specific Purposes) 17,948 18,269 16,743
Endowment Fund (Seed Capital Endowment Fund) 65,789 67,524 69,579
Total Fund 86,540 89,057 89,692
       
Liabilities      
Total Liabilities - - -
       
Total Funds & Liabilities 86,540 89,057 89,692

 

Last updated on 23 September 2022

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