Charity
ACADEMY OF MEDICINE SINGAPORE
About
What does ACADEMY OF MEDICINE SINGAPORE do?
The Academy of Medicine, Singapore is a leading institution dedicated to advancing medicine and promoting medical research. Their objectives include postgraduate education, professional development for medical specialists, maintaining high standards of practice, and upholding ethical conduct among members. They also aim to represent the views and opinions of their members while providing information on health-related matters through various publications and studies such as "Thiazide diuretics in chronic kidney disease", "Asthma care in Singapore", and more.
Founded
1984
People
yong khet yau vernon, seet chuen ping edwin (xue chunbin edwin), tan lay kok, ang tiing leong, seet chee seong, matthias paul toh han sim, tan boon yeow, yeo sow nam, poh yu-jin, lee yung seng
Causes
Health & WellnessHighlights
- Donations are tax-deductible
- Registered Charity
- Established since 1984
- Published yearly Annual Reports
- Audited Financial Statements
Society Impact
- Advancing medical knowledge and practice through education and research.
- Promoting high standards of professional conduct among healthcare professionals.
- Providing postgraduate training opportunities for medical specialists in the region.
- Representing and expressing the views and opinions of its members on matters related to health.
- Disseminating information and knowledge about various health-related topics to the public.
Donation Income
Program Expense Ratio
This is the percentage of the charity's total expenses that are spent on its core programs. A higher percentage suggests that more money is going directly to the cause, rather than being spent on administrative or fundraising expenses.
Financials
Donation Income
What are the donations used for?
- Advancing medical knowledge and practice through education and research.
- Promoting high standards of professional conduct among healthcare professionals.
- Providing postgraduate training opportunities for medical specialists in the region.
- Representing and expressing the views and opinions of its members on matters related to health.
- Disseminating information and knowledge about various health-related topics to the public.
Program Expense Ratio
This is the percentage of the charity's total expenses that are spent on its core programs. A higher percentage suggests that more money is going directly to the cause, rather than being spent on administrative or fundraising expenses.
Financial Information
Source: Charity PortalCharities and IPCs are required to prepare the financial statements in accordance to the Charities (Accounts and Annual Report) Regulations and the Charities (Institutions of A Public Character) Regulations, where applicable. The financial statement is available online for latest 3 financial years.
| Receipts | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Donations in Cash | |||
| Tax-Deductible | 5,900 | 8,200 | 116,040 |
| Non Tax-Deductible | 15,450 | 143,810 | 10,000 |
| Total Donations in Cash | 21,350 | 152,010 | 126,040 |
| Donations in Kind | |||
| Tax-Deductible | 0 | 0 | 0 |
| Non Tax-Deductible | 0 | 0 | 0 |
| Total Donations in Kind | 0 | 0 | 0 |
| Government Grants | 1,609,283 | 1,234,960 | 880,338 |
| Investment Income | 80,667 | 20,277 | 90,638 |
| Programme Fees | 6,025,892 | 5,680,179 | 5,557,739 |
| Others Income | 487,174 | 654,182 | 570,408 |
| Total Receipts | 8,224,366 | 7,741,608 | 7,225,163 |
| Capital in Nature | 0 | 0 | 0 |
| Expenses | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Fundraising Expenses | |||
| Fundraising Expenses | 0 | 0 | 0 |
| Charitable Activities/Programme Expenses | |||
| Local (Direct & Support) | 1,747,246 | 1,118,836 | 1,155,834 |
| Overseas (Direct & Support) | 0 | 0 | 0 |
| Charitable Activities/Programme Expenses | 1,747,246 | 1,118,836 | 1,155,834 |
| Expenses | |||
| Other Expenses | 5,171,829 | 5,172,998 | 4,647,629 |
| Total Expenditure | 6,919,075 | 6,291,834 | 5,803,463 |
| Balance Sheet | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Assets | |||
| Land and Buildings | 3,804,790 | 3,831,516 | 3,858,241 |
| Other Tangible Assets | 772,431 | 989,096 | 1,212,408 |
| Investments | 0 | 0 | 0 |
| Inventories | 8,795 | 10,792 | 29,191 |
| Account Receivables | 1,711,707 | 1,097,249 | 933,099 |
| Cash & Deposits | 19,233,708 | 18,219,800 | 17,446,863 |
| Other Assets | 0 | 0 | 0 |
| Total Assets | 25,531,431 | 24,148,453 | 23,479,802 |
| Funds | |||
| Total Unrestricted Funds | 5,418,368 | 4,721,928 | 4,223,666 |
| Total Restricted Funds | 10,892,860 | 10,096,276 | 8,958,867 |
| Endowments Funds | 7,257,636 | 7,445,369 | 7,631,266 |
| Total Funds and Reserves | 23,568,864 | 22,263,573 | 20,813,799 |
| Liabilities | |||
| Total Current Liabilities | 1,962,567 | 1,884,880 | 2,666,003 |
| Total Non-Current Liabilities | 0 | 0 | 0 |
| Total Liabilities | 1,962,567 | 1,884,880 | 2,666,003 |
| Total Funds and Liabilities | 25,531,431 | 24,148,453 | 23,479,802 |
| Other Information | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Donations, Grants and Sponsorships given to other registred charities | 4,000 | 38,000 | 0 |
| No. of Employees | 57 | 53 | 52 |
| Total Employee Cost | 3,915,463 | 3,935,210 | 3,525,740 |
| Fudnraisig Efficiency Ratio | 0 | 0 | 0 |
| Total Related Party Transactions | 627,417 | 372,089 | 192,993 |
People
At the Academy of Medicine, Singapore, individuals are dedicated to advancing medicine through postgraduate education, professional development for medical specialists, maintaining high standards of practice, upholding ethical conduct among members, and representing their views and opinions on health-related matters. They also engage in various publications and studies such as "Thiazide diuretics in chronic kidney disease", "Asthma care in Singapore", and more.
yong khet yau vernon
seet chuen ping edwin (xue chunbin edwin)
tan lay kok
ang tiing leong
seet chee seong
matthias paul toh han sim
tan boon yeow
yeo sow nam
poh yu-jin
lee yung seng
News
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