INSTITUTION OF A PUBLIC CHARACTER (IPC) - ONLINE INFORMATION

Non-Financial Information | Financial Information

1. Non-Financial Information

Name of Organisation: Singapore Polytechnic
AddressContact 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 StatusIPC 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

ObjectivesPrograms/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 Whang Shang Ying (Member)

Key Officer

1. Mr Teo Wui Khiang (General Secretary)

 

Annual Report (SPEF) FY2018-19

Annual Report (SPEF) FY2017-18

 

Annual Report (SPEF) FY2016-17

 

 

 

 

 

 

 

Auditor : Foo Kon Tan LLP

UEN No : T10LL0002B

 

2. Financial Information on Singapore Polytechnic Endowment Fund

INCOMEApr 2016 - Mar 2017
(S$'000)
Apr 2017 - Mar 2018
(S$'000)
Apr 2018 - Mar 2019
(S$'000)
Donation in Cash   
Tax Deductible1,2031,7908,749
Non Tax Deductible582,544419
Donation in Kind   
Tax Deductible   
Non Tax Deductible   
    
Government Grants1,2035,7491,334
Investment Income (Interest income)9249811,049
    
Investment Gains / Loss0 50 0
Programme Fees   
Others (pls specfiy) - Other income / Inter-Fund Transfers63010,258169
    
Total Income for the year4,01821,37211,720
EXPENSES  Apr 2016 - Mar 2017
(S$'000)
Apr 2017 - Mar 2018
(S$'000)
Apr 2018 - Mar 2019
(S$'000)
Fund Raising Expenses   
Direct Expenses   
Charitable Activities Expenses        
Local (includes Direct & Support Costs)   1,4811,7292,268
Overseas (includes Direct & Support Costs)     119104121
Other Expenses   
Total Expenditure1,6001,8332,389
Surplus/(Deficit) for the year2,41819,5399,331
BALANCE SHEETApr 2016 - Mar 2017
(S$'000)
Apr 2017 - Mar 2018
(S$'000)

Apr 2018 - Mar 2019
(S$'000) 

Assets   
Land & Buildings   
Other Tangible Assets   
Investments27,88123,67135,877
Inventories   
Accounts Receivables (MOE Matching Grants Receivable) 1,2030 0
Cash & Deposits (Fixed Deposits, CLM & Cash in Bank)15,16540,11737,242
Others (pls specify)   
Total Assets44,24963,78873,119
    
Funds   
Unrestricted Funds1,6012,2432,485
Restricted Funds (Applied for Specific Purposes)8,61118,36318,037
Endowment Fund (Seed Capital Endowment Fund)34,03743,18252,597
Total Fund44,24963,78873,119
    
Liabilities   
Current Liabilities   
Non-Current Liabilities   
Total Liabilities000
    
Total Funds & Liabilities44,24963,78873,119

 

Last updated on 26 February 2020

Non-Financial Information | Financial Information

Chat with us