Charity
CATHOLIC FOUNDATION LIMITED
About
What does CATHOLIC FOUNDATION LIMITED do?
The Catholic Foundation Limited is a charitable organization dedicated to promoting, supporting, funding, and contributing towards the development and effectiveness of various Roman Catholic Archdiocese of Singapore churches and organizations that carry out charitable work or ministry within or on behalf of the Church. Their mission is to encourage philanthropic giving and provide financial stewardship for funds raised to support the capacity building needs of the Catholic Church in Singapore, benefiting all members of the community regardless of their race, rank, or religion.
Founded
2013
People
ambrose vaz, derrick chee jin hoe, pauline goh, yuen suwen, bernadette, chan ming yu lawrence, chai wei kuo andrew, loo lip giam, lo tsu chung, marc, lee suan hiang, goh kangcien kevan
Causes
No PovertyHealth & WellnessEducationHighlights
- Donations are tax-deductible
- Registered Charity
- Established since 2013
- Published yearly Annual Reports
- Audited Financial Statements
Society Impact
- Support for the Roman Catholic Archdiocese of Singapore and its associated organizations, promoting their capacity building and effectiveness.
- Identification and addressing issues that would help the Church and its organizations develop and meet community needs.
- Advancement of the Catholic religion in Singapore and beyond.
- Promotion of philanthropic giving and financial stewardship for funds raised to support the capacity building needs of the Catholic Church in Singapore.
- Support for persons of all races, rank, or religion who are residents or located in the Republic of Singapore or elsewhere as deemed necessary by the Company.
Donation Income
Fundraising Efficiency
This indicates the cost to raise a single dollar. A lower cost suggests the charity is more efficient in its fundraising efforts.
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?
- Support for the Roman Catholic Archdiocese of Singapore and its associated organizations, promoting their capacity building and effectiveness.
- Identification and addressing issues that would help the Church and its organizations develop and meet community needs.
- Advancement of the Catholic religion in Singapore and beyond.
- Promotion of philanthropic giving and financial stewardship for funds raised to support the capacity building needs of the Catholic Church in Singapore.
- Support for persons of all races, rank, or religion who are residents or located in the Republic of Singapore or elsewhere as deemed necessary by the Company.
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.
Fundraising Efficiency
This indicates the cost to raise a single dollar. A lower cost suggests the charity is more efficient in its fundraising efforts.
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 | Apr 2022 - Mar 2023(S$) | Apr 2021 - Mar 2022(S$) | Apr 2020 - Mar 2021(S$) |
|---|---|---|---|
| Donations in Cash | |||
| Tax-Deductible | 0 | 0 | 0 |
| Non Tax-Deductible | 19,285,146 | 31,350,000 | 22,974,537 |
| Total Donations in Cash | 19,285,146 | 31,350,000 | 22,974,537 |
| Donations in Kind | |||
| Tax-Deductible | 0 | 0 | 0 |
| Non Tax-Deductible | 0 | 0 | 0 |
| Total Donations in Kind | 0 | 0 | 0 |
| Government Grants | 0 | 28,308 | 189,733 |
| Investment Income | 282,670 | 0 | 69,842 |
| Programme Fees | 0 | 71,891 | 0 |
| Others Income | 6,521 | 0 | 0 |
| Total Receipts | 19,574,337 | 31,450,199 | 23,234,112 |
| Capital in Nature | 0 | 0 | 0 |
| Expenses | Apr 2022 - Mar 2023(S$) | Apr 2021 - Mar 2022(S$) | Apr 2020 - Mar 2021(S$) |
|---|---|---|---|
| Fundraising Expenses | |||
| Fundraising Expenses | 586,701 | 782,299 | 589,042 |
| Charitable Activities/Programme Expenses | |||
| Local (Direct & Support) | 19,208,794 | 30,186,868 | 21,688,166 |
| Overseas (Direct & Support) | 0 | 0 | 0 |
| Charitable Activities/Programme Expenses | 19,208,794 | 30,186,868 | 21,688,166 |
| Expenses | |||
| Other Expenses | 211,142 | 209,109 | 220,355 |
| Total Expenditure | 20,006,637 | 31,178,276 | 22,497,563 |
| Balance Sheet | Apr 2022 - Mar 2023(S$) | Apr 2021 - Mar 2022(S$) | Apr 2020 - Mar 2021(S$) |
|---|---|---|---|
| Assets | |||
| Land and Buildings | 0 | 0 | 0 |
| Other Tangible Assets | 28,486 | 43,077 | 0 |
| Investments | 7,649,069 | 10,489,484 | 0 |
| Inventories | 0 | 0 | 0 |
| Account Receivables | 81,413 | 0 | 127,520 |
| Cash & Deposits | 2,416,189 | 28,191 | 9,200,982 |
| Other Assets | 143,892 | 275,183 | 400,466 |
| Total Assets | 10,319,049 | 10,835,935 | 9,728,968 |
| Funds | |||
| Total Unrestricted Funds | 5,035,096 | 6,121,727 | 6,577,345 |
| Total Restricted Funds | 3,786,683 | 3,132,352 | 2,404,811 |
| Endowments Funds | 0 | 0 | 0 |
| Total Funds and Reserves | 8,821,779 | 9,254,079 | 8,982,156 |
| Liabilities | |||
| Total Current Liabilities | 1,442,254 | 1,428,123 | 494,362 |
| Total Non-Current Liabilities | 55,016 | 153,733 | 252,450 |
| Total Liabilities | 1,497,270 | 1,581,856 | 746,812 |
| Total Funds and Liabilities | 10,319,049 | 10,835,935 | 9,728,968 |
| Other Information | Apr 2022 - Mar 2023(S$) | Apr 2021 - Mar 2022(S$) | Apr 2020 - Mar 2021(S$) |
|---|---|---|---|
| Donations, Grants and Sponsorships given to other registred charities | 0 | 29,648,900 | 21,160,200 |
| No. of Employees | 13 | 12 | 12 |
| Total Employee Cost | 930,975 | 802,827 | 817,445 |
| Fudnraisig Efficiency Ratio | 3 | 2 | 2 |
| Total Related Party Transactions | 18,731,379 | 197,236 | 190,042 |
People
People at the charity Catholic Foundation Limited work towards promoting and supporting various Roman Catholic Archdiocese of Singapore churches and organizations that carry out charitable work or ministry within or on behalf of the Church. They encourage philanthropic giving and provide financial stewardship for funds raised to support the capacity building needs of the Catholic Church in Singapore, benefiting all members of the community regardless of their race, rank, or religion.
ambrose vaz
derrick chee jin hoe
pauline goh
yuen suwen, bernadette
chan ming yu lawrence
chai wei kuo andrew
loo lip giam
lo tsu chung, marc
lee suan hiang
goh kangcien kevan
News
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