Charity
CONSUMERS ASSOCIATION OF SINGAPORE ENDOWMENT FUND
About
What does CONSUMERS ASSOCIATION OF SINGAPORE ENDOWMENT FUND do?
The Consumers Association of Singapore Endowment Fund supports initiatives that empower consumers, promoting a consumer-friendly environment in Singapore through advocacy, education and research.
Founded
2004
People
heng johnny, lee siow hwee, lim richard @ lim teong seng, toh mun heng, chong hon kuan, ivan, low wing li gary, hao bo
Causes
Health & WellnessEducationChildrenHighlights
- Donations are tax-deductible
- Registered Charity
- Established since 2004
- Published yearly Annual Reports
- Audited Financial Statements
Society Impact
- Promotes consumer rights and interests by advocating for fair trade practices, enhancing consumer protection laws, and providing education on consumer issues.
- Empowers consumers through information dissemination, research, and policy recommendations to make informed decisions in the marketplace.
- Encourages businesses to adopt ethical and sustainable practices by promoting transparency and accountability in their operations.
- Fosters a consumer-friendly environment that enhances trust between consumers and businesses, leading to increased economic activity and social stability.
- Contributes to the development of Singapore's regulatory framework for consumer protection, ensuring that laws are up-to-date with evolving market trends and consumer needs.
- Collaborates with various stakeholders, including
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?
- Promotes consumer rights and interests by advocating for fair trade practices, enhancing consumer protection laws, and providing education on consumer issues.
- Empowers consumers through information dissemination, research, and policy recommendations to make informed decisions in the marketplace.
- Encourages businesses to adopt ethical and sustainable practices by promoting transparency and accountability in their operations.
- Fosters a consumer-friendly environment that enhances trust between consumers and businesses, leading to increased economic activity and social stability.
- Contributes to the development of Singapore's regulatory framework for consumer protection, ensuring that laws are up-to-date with evolving market trends and consumer needs.
- Collaborates with various stakeholders, including
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$) |
|---|---|---|---|
| Donations in Cash | |||
| Tax-Deductible | 126,142 | 1,654 | 4,600 |
| Non Tax-Deductible | 0 | 0 | 0 |
| Total Donations in Cash | 126,142 | 1,654 | 4,600 |
| Donations in Kind | |||
| Tax-Deductible | 0 | 0 | 0 |
| Non Tax-Deductible | 0 | 0 | 0 |
| Total Donations in Kind | 0 | 0 | 0 |
| Government Grants | 214,094 | 45,559 | 152,010 |
| Investment Income | -41,476 | 477,192 | 1,053,841 |
| Programme Fees | 0 | 0 | 0 |
| Others Income | 0 | 0 | 0 |
| Total Receipts | 298,760 | 524,405 | 1,210,451 |
| Capital in Nature | 126,142 | 1,654 | 4,600 |
| Expenses | Apr 2022 - Mar 2023(S$) | Apr 2021 - Mar 2022(S$) | Apr 2020 - Mar 2021(S$) |
|---|---|---|---|
| Fundraising Expenses | |||
| Fundraising Expenses | 37,279 | 0 | 98 |
| Charitable Activities/Programme Expenses | |||
| Local (Direct & Support) | 110,633 | 75,345 | 194,269 |
| Overseas (Direct & Support) | 0 | 0 | 0 |
| Charitable Activities/Programme Expenses | 110,633 | 75,345 | 194,269 |
| Expenses | |||
| Other Expenses | 3,643 | 4,647 | 4,938 |
| Total Expenditure | 151,555 | 79,992 | 199,305 |
| Balance Sheet | Apr 2022 - Mar 2023(S$) | Apr 2021 - Mar 2022(S$) | Apr 2020 - Mar 2021(S$) |
|---|---|---|---|
| Assets | |||
| Land and Buildings | 0 | 0 | 0 |
| Other Tangible Assets | 0 | 0 | 0 |
| Investments | 6,389,177 | 7,267,056 | 6,760,462 |
| Inventories | 0 | 0 | 0 |
| Account Receivables | 275,627 | 37,251 | 130,677 |
| Cash & Deposits | 3,613,114 | 2,767,722 | 2,737,333 |
| Other Assets | 0 | 0 | 0 |
| Total Assets | 10,277,918 | 10,072,029 | 9,628,472 |
| Funds | |||
| Total Unrestricted Funds | 0 | 0 | 0 |
| Total Restricted Funds | 0 | 0 | 0 |
| Endowments Funds | 10,216,734 | 10,069,529 | 9,625,116 |
| Total Funds and Reserves | 10,216,734 | 10,069,529 | 9,625,116 |
| Liabilities | |||
| Total Current Liabilities | 61,184 | 2,500 | 3,356 |
| Total Non-Current Liabilities | 0 | 0 | 0 |
| Total Liabilities | 61,184 | 2,500 | 3,356 |
| Total Funds and Liabilities | 10,277,918 | 10,072,029 | 9,628,472 |
| Other Information | Apr 2022 - Mar 2023(S$) | Apr 2021 - Mar 2022(S$) | Apr 2020 - Mar 2021(S$) |
|---|---|---|---|
| Donations, Grants and Sponsorships given to other registred charities | 0 | 0 | 0 |
| No. of Employees | 0 | 0 | 0 |
| Total Employee Cost | 0 | 0 | 0 |
| Fudnraisig Efficiency Ratio | 31 | 0 | 0 |
| Total Related Party Transactions | 0 | 0 | 0 |
People
People at the Consumers Association of Singapore Endowment Fund work towards empowering consumers by creating a consumer-friendly environment in Singapore through various initiatives such as advocacy, education, and research.
heng johnny
lee siow hwee
lim richard @ lim teong seng
toh mun heng
chong hon kuan, ivan
low wing li gary
hao bo
News
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