Charity
GLOBAL INDIAN FOUNDATION LTD.
About
What does GLOBAL INDIAN FOUNDATION LTD. do?
Global Indian Foundation Ltd is dedicated to promoting education, culture and scholarships in Singapore through various initiatives such as establishing educational institutions, cultural centers, special needs schools, tutorial centers, colleges, and higher learning programs. They aim to provide tools and accommodation for meritorious students who are financially disadvantaged. Their vision is to become a global role model for teaching and learning, nurturing future leaders through an inclusive and engaging environment that fosters collaboration, social interaction, and teamwork.
Founded
2004
People
jayaprakash s/o jagateesan, nathaniel chelvarajah vanniasingham, subodh ramakant gore, atul arvind temurnikar
Causes
EducationHealth & WellnessChildrenHighlights
- Donations are tax-deductible
- Registered Charity
- Established since 2004
- Published yearly Annual Reports
- Audited Financial Statements
Society Impact
- Improved access to quality education for financially disadvantaged students through scholarships and financial aid.
- Enhanced educational infrastructure by providing books, equipment, computers, hostels, and other accommodation facilities.
- Promotion of cultural exchange and understanding through the establishment and management of cultural centers, kindergartens, special needs schools, tutorial centers, colleges, and higher learning initiatives.
- Encouragement of collaboration, social interaction, and teamwork among students by fostering a relaxed and engaging learning environment.
- Development of future leaders through the provision of an exceptional education from early childhood to secondary school.
- Support for students by dedicated and experienced educators who are passionate about providing high-quality education.
- Enhancement of the overall
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 access to quality education for financially disadvantaged students through scholarships and financial aid.
- Enhanced educational infrastructure by providing books, equipment, computers, hostels, and other accommodation facilities.
- Promotion of cultural exchange and understanding through the establishment and management of cultural centers, kindergartens, special needs schools, tutorial centers, colleges, and higher learning initiatives.
- Encouragement of collaboration, social interaction, and teamwork among students by fostering a relaxed and engaging learning environment.
- Development of future leaders through the provision of an exceptional education from early childhood to secondary school.
- Support for students by dedicated and experienced educators who are passionate about providing high-quality education.
- Enhancement of the overall
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$) |
|---|---|---|---|
| Donations in Cash | |||
| Tax-Deductible | 0 | 0 | 0 |
| Non Tax-Deductible | 0 | 0 | 0 |
| Total Donations in Cash | 0 | 0 | 0 |
| Donations in Kind | |||
| Tax-Deductible | 0 | 0 | 0 |
| Non Tax-Deductible | 0 | 0 | 0 |
| Total Donations in Kind | 0 | 0 | 0 |
| Government Grants | 0 | 0 | 0 |
| Investment Income | 105,661 | 78,664 | 121,858 |
| Programme Fees | 399,334 | 279,406 | 358,215 |
| Others Income | 10,203 | 2,849 | 31,634 |
| Total Receipts | 515,198 | 360,919 | 511,707 |
| Capital in Nature | 0 | 0 | 0 |
| Expenses | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Fundraising Expenses | |||
| Fundraising Expenses | 0 | 0 | 0 |
| Charitable Activities/Programme Expenses | |||
| Local (Direct & Support) | 225,847 | 162,886 | 213,997 |
| Overseas (Direct & Support) | 0 | 0 | 0 |
| Charitable Activities/Programme Expenses | 225,847 | 162,886 | 213,997 |
| Expenses | |||
| Other Expenses | 228,935 | 55,434 | 72,400 |
| Total Expenditure | 454,782 | 218,320 | 286,397 |
| Balance Sheet | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Assets | |||
| Land and Buildings | 0 | 0 | 0 |
| Other Tangible Assets | 751 | 468 | 862 |
| Investments | 9,627,298 | 9,568,947 | 9,487,897 |
| Inventories | 0 | 0 | 0 |
| Account Receivables | 86,634 | 27,828 | 25,009 |
| Cash & Deposits | 1,373,424 | 1,435,466 | 1,385,603 |
| Other Assets | 0 | 0 | 0 |
| Total Assets | 11,088,107 | 11,032,709 | 10,899,371 |
| Funds | |||
| Total Unrestricted Funds | 10,776,264 | 10,986,055 | 10,843,456 |
| Total Restricted Funds | 270,207 | 0 | 0 |
| Endowments Funds | 0 | 0 | 0 |
| Total Funds and Reserves | 11,046,471 | 10,986,055 | 10,843,456 |
| Liabilities | |||
| Total Current Liabilities | 41,636 | 46,654 | 55,915 |
| Total Non-Current Liabilities | 0 | 0 | 0 |
| Total Liabilities | 41,636 | 46,654 | 55,915 |
| Total Funds and Liabilities | 11,088,107 | 11,032,709 | 10,899,371 |
| Other Information | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Donations, Grants and Sponsorships given to other registred charities | 0 | 19,000 | 0 |
| No. of Employees | 0 | 0 | 0 |
| Total Employee Cost | 0 | 0 | 0 |
| Fudnraisig Efficiency Ratio | 0 | 0 | 0 |
| Total Related Party Transactions | 3,752 | 15,019 | 24,515 |
People
At Global Indian Foundation Ltd., individuals work towards promoting education, culture, and scholarships in Singapore by establishing various educational institutions, cultural centers, special needs schools, tutorial centers, colleges, and higher learning programs. Their goal is to provide tools and accommodation for meritorious students who are financially disadvantaged, with the vision of becoming a global role model for teaching and learning, nurturing future leaders through an inclusive and engaging environment that fosters collaboration, social interaction, and teamwork.
jayaprakash s/o jagateesan
nathaniel chelvarajah vanniasingham
subodh ramakant gore
atul arvind temurnikar
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