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.
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
News
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