Announcement

Institution of a Public Character (IPC)

Institution of a Public Character (IPC)

Non-Financial Information

Address

Singapore Polytechnic
500 Dover Road
Singapore 139651

Contact Information
Enquiry Form

 


Objectives
  • 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.

Programmes/Activities
The Polytechnic is principally engaged in providing studies, training and research in Technology, Science, Commerce and Arts.

Board Members
Investment Committee
1. Mr David Tan (Chairman)
2. Mr Soh Wai Wah (Member)
3. Dr Azlinda Bte Anwar (Member)
4. Ms Jamie Ang (Member)
Key Officer
1. Mr Teo Wui Khiang (General Secretary)



Annual Reports

 



2. Financial Information on Singapore Polytechnic Endowment Fund

INCOMEApr 2021- Mar 2022
(S$'000)
Apr 2022 - Mar 2023
(S$'000)
Apr 2023 - Mar 2024
(S$'000)
Donation in Cash   
Tax Deductible7561,3402,221
Non Tax Deductible5581,131842
    
Government Grants1,6553,1843,306
Investment Income3102,5833,341
Other income5823,03446
    
Total Income For The Year3,33731,2729,756
EXPENSES  Apr 2021 - Mar 2022
(S$'000)
Apr 2022 - Mar 2023
(S$'000)
Apr 2023 - Mar 2024
(S$'000)
Charitable Activities/Programmes Expenses   
Local (includes Direct & Support Costs)   2,7013,9917,844
Overseas (includes Direct & Support Costs)     -1210
Total Expenditure2,7014,0037,854
Surplus For The Year63627,2691,902
BALANCE SHEETApr 2021 - Mar 2022
(S$'000)
Apr 2022 - Mar 2023
(S$'000) 

 

Apr 2023- Mar 2024
(S$'000)

 

Assets   
Investments1,50354,599108,962
Accounts Receivables-77962
Cash & Deposits88,18962,2859,196
Total Assets89,692116,961119,120
    
Funds   
Unrestricted Funds3,3702,7502,750
Restricted Funds (Applied for Specific Purposes)16,74316,87513,349
Endowment Fund (Seed Capital Endowment Fund)69,57997,268102,647
Total Fund89,692116,893118,746
    
Liabilities   
Current Liabilities-32324
Non-Current Liabilities-3650
Total Liabilities-68374
    
Total Funds & Liabilities89,692116,961119,120