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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: Jeannie Cheong
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
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 31/03/2018

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)

Annual Report (SPEF) FY2016-17

 

Annual Report (SPEF) FY2015-16

 

Annual Report (SPEF) FY2014-15

 

Annual Report (SPEF) FY2013-14

 

Annual Report (SPEF) FY2012-13

Auditor : Foo Kon Tan LLP

UEN No : T10LL0002B

 

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2. Financial Information on Singapore Polytechnic Endowment Fund

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 15 September 2017

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