Charity
CHINESE DEVELOPMENT ASSISTANCE COUNCIL
About
What does CHINESE DEVELOPMENT ASSISTANCE COUNCIL do?
The Chinese Development Assistance Council (CDAC) is a non-profit self-help group that supports less privileged individuals of the Chinese community in Singapore through education, skills training, and socio-economic development. Their mission is to nurture and develop the potential of the Chinese community for multi-racial Singapore's continued success.
Founded
1992
People
ang kiam meng, woo chee chay, leong sin kuen, png yiow beng, ren ziming alex @ yam ziming alex, ong ye kung, lim sau hoong, hong poh hin, low yen ling (liu yanling), baey yam keng
Causes
No PovertyEducationHealth & WellnessHighlights
- Donations are tax-deductible
- Registered Charity
- Established since 1992
- Published yearly Annual Reports
- Audited Financial Statements
Society Impact
- Improved socio-economic status for less successful individuals within the Chinese community in Singapore through education and skills training.
- Enhanced educational performance among under-achievers, particularly in fields such as literacy, numeracy, science, technology, engineering, arts, mathematics (STEAM), and vocational skills.
- Increased earning capacity for working adults by providing them with opportunities to improve their skills and competencies.
- Promotion of active aging among seniors through learning, health & wellness programs, and volunteerism initiatives.
- Expansion of school-based student care centres to provide more support to students and families in need.
- Strengthening the community by fostering a culture of self-help and mutual support among beneficiaries.
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?
- Improved socio-economic status for less successful individuals within the Chinese community in Singapore through education and skills training.
- Enhanced educational performance among under-achievers, particularly in fields such as literacy, numeracy, science, technology, engineering, arts, mathematics (STEAM), and vocational skills.
- Increased earning capacity for working adults by providing them with opportunities to improve their skills and competencies.
- Promotion of active aging among seniors through learning, health & wellness programs, and volunteerism initiatives.
- Expansion of school-based student care centres to provide more support to students and families in need.
- Strengthening the community by fostering a culture of self-help and mutual support among beneficiaries.
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$) |
|---|---|---|---|
| Donations in Cash | |||
| Tax-Deductible | 30,681,000 | 28,381,000 | 27,058,000 |
| Non Tax-Deductible | 461,000 | 853,000 | 388,000 |
| Total Donations in Cash | 31,142,000 | 29,234,000 | 27,446,000 |
| Donations in Kind | |||
| Tax-Deductible | 0 | 0 | 0 |
| Non Tax-Deductible | 0 | 0 | 0 |
| Total Donations in Kind | 0 | 0 | 0 |
| Government Grants | 2,182,000 | 7,006,000 | 6,839,000 |
| Investment Income | -4,961,000 | 3,639,000 | 3,212,000 |
| Programme Fees | 794,000 | 764,000 | 645,000 |
| Others Income | 183,000 | 48,000 | 792,000 |
| Total Receipts | 29,340,000 | 40,691,000 | 38,934,000 |
| Capital in Nature | 724,000 | 593,000 | 1,032,000 |
| Expenses | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Fundraising Expenses | |||
| Fundraising Expenses | 0 | 0 | 0 |
| Charitable Activities/Programme Expenses | |||
| Local (Direct & Support) | 29,372,000 | 30,351,000 | 31,418,000 |
| Overseas (Direct & Support) | 0 | 0 | 0 |
| Charitable Activities/Programme Expenses | 29,372,000 | 30,351,000 | 31,418,000 |
| Expenses | |||
| Other Expenses | 2,261,000 | 2,246,000 | 2,112,000 |
| Total Expenditure | 31,633,000 | 32,597,000 | 33,530,000 |
| Balance Sheet | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Assets | |||
| Land and Buildings | 9,720,000 | 4,964,000 | 1,672,000 |
| Other Tangible Assets | 0 | 0 | 0 |
| Investments | 77,252,000 | 86,417,000 | 80,954,000 |
| Inventories | 0 | 0 | 10,000 |
| Account Receivables | 2,671,000 | 2,548,000 | 2,449,000 |
| Cash & Deposits | 28,246,000 | 23,994,000 | 22,730,000 |
| Other Assets | 3,189,000 | 3,004,000 | 3,018,000 |
| Total Assets | 121,078,000 | 120,927,000 | 110,833,000 |
| Funds | |||
| Total Unrestricted Funds | 40,258,000 | 37,992,000 | 32,357,000 |
| Total Restricted Funds | 0 | 0 | 0 |
| Endowments Funds | 73,634,000 | 77,553,000 | 74,018,000 |
| Total Funds and Reserves | 113,892,000 | 115,545,000 | 106,375,000 |
| Liabilities | |||
| Total Current Liabilities | 4,932,000 | 5,307,000 | 3,999,000 |
| Total Non-Current Liabilities | 2,254,000 | 75,000 | 459,000 |
| Total Liabilities | 7,186,000 | 5,382,000 | 4,458,000 |
| Total Funds and Liabilities | 121,078,000 | 120,927,000 | 110,833,000 |
| Other Information | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Donations, Grants and Sponsorships given to other registred charities | 0 | 0 | 0 |
| No. of Employees | 102 | 100 | 97 |
| Total Employee Cost | 9,137,000 | 8,555,000 | 7,519,000 |
| Fudnraisig Efficiency Ratio | 0 | 0 | 0 |
| Total Related Party Transactions | 0 | 0 | 0 |
People
People at the Chinese Development Assistance Council (CDAC) work towards supporting less privileged individuals within the Chinese community in Singapore through education, skills training, and socio-economic development initiatives. Their mission is to nurture and develop the potential of this community for the continued success of multiracial Singapore.
