INSTITUTION OF 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. Ms Jenny Wong (Secretariat)

2. Ms Jeannie Cheong (Treasurer)

Auditor : Foo Kon Tan LLP

UEN No : T10LL0002B

INCOME	Apr 2014 - Mar 2015 (S$'000)	Apr 2015 - Mar 2016 (S$'000)	Apr 2016 - Mar 2017 (S$'000)
Donation in Cash
Tax Deductible	1,548	1,280	1,203
Non Tax Deductible	2,163	41	58
Donation in Kind
Tax Deductible
Non Tax Deductible

Government Grants	4,863	1,518	1,203
Investment Income (Interest income)	110	374	924

Investment Gains / Loss	523	17
Programme Fees
Others (pls specfiy) - Other income / Inter-Fund Transfers	454	418	630

Total Income for the year	9,661	3,648	4,018

EXPENSES	Apr 2014 - Mar 2015 (S$'000)	Apr 2015 - Mar 2016 (S$'000)	Apr 2016 - Mar 2017 (S$'000)
Fund Raising Expenses
Direct Expenses
Charitable Activities Expenses
Local (includes Direct & Support Costs)	1,394	1,506	1,481
Overseas (includes Direct & Support Costs)			119
Other Expenses
Total Expenditure	1,394	1,506	1,600
Surplus/(Deficit) for the year	8,267	2,142	2,418

BALANCE SHEET	Apr 2014 - Mar 2015 (S$'000)	Apr 2015 - Mar 2016 (S$'000)	Apr 2016 - Mar 2017 (S$'000)
Assets
Land & Buildings
Other Tangible Assets
Investments	20,705	16,025	27,881
Inventories
Accounts Receivables (MOE Matching Grants Receivable)			1,203
Cash & Deposits (Fixed Deposits, CLM & Cash in Bank)	18,984	25,807	15,165
Others (pls specify)
Total Assets	39,689	41,832	44,249

Funds
Unrestricted Funds	9,039	1,513	1,601
Restricted Funds (Applied for Specific Purposes)		7,756	8,611
Endowment Fund (Seed Capital Endowment Fund)	30,650	32,563	34,037
Total Fund	39,689	41,832	44,249

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

Total Funds & Liabilities	39,689	41,832	44,249

Last updated on 14 August 2018