Charity
Hai Yin Buddhist Sangha Society
About
What does Hai Yin Buddhist Sangha Society do?
Hai Yin Buddhist Sangha Society is a charitable organization dedicated to preserving and promoting the orthodox tradition of Buddhism, upholding its qualities, and providing a place for worship, study, and practice. They support the livelihood of Buddhist monks and nuns, sponsor scholarships, and offer educational subsidies. The society also engages in charitable activities to help underprivileged communities as part of their fulfillment of Buddha's teachings and principles.
Founded
2004
People
loh siew eng @ shi fa yin, tan siew hoon @ shi chi guo, chew swen ling @ shi fa qian, ng kok eng @ shi fa rong, goh siew hwa @ shi fa xuan, tan quee kee @ shi fayi, syn kok hong @ shi fa yuan, quek teck sae @ shi faliang, low soo gek @ shi fa zun
Causes
No PovertyHealth & WellnessEducationHighlights
- Donations are tax-deductible
- Registered Charity
- Established since 2004
- Published yearly Annual Reports
- Audited Financial Statements
Society Impact
- Preservation and promotion of Buddhism through orthodox practices, teachings, and study centers.
- Support for Buddhist monks and nuns in terms of food, lodging, medical care, old age support, and death benefits.
- Education scholarships and bursaries to develop the knowledge and leadership capabilities of devout Buddhists.
- Charitable services and social welfare activities for underprivileged communities in line with Buddha's teachings and principles.
- Acquisition and management of properties, funds, and resources for the society's operations and development.
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?
- Preservation and promotion of Buddhism through orthodox practices, teachings, and study centers.
- Support for Buddhist monks and nuns in terms of food, lodging, medical care, old age support, and death benefits.
- Education scholarships and bursaries to develop the knowledge and leadership capabilities of devout Buddhists.
- Charitable services and social welfare activities for underprivileged communities in line with Buddha's teachings and principles.
- Acquisition and management of properties, funds, and resources for the society's operations and development.
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$) |
|---|---|---|---|
| Donations in Cash | |||
| Tax-Deductible | 0 | NaN | NaN |
| Non Tax-Deductible | 0 | NaN | NaN |
| Total Donations in Cash | 0 | NaN | NaN |
| Donations in Kind | |||
| Tax-Deductible | 0 | NaN | NaN |
| Non Tax-Deductible | 0 | NaN | NaN |
| Total Donations in Kind | 0 | NaN | NaN |
| Government Grants | 0 | NaN | NaN |
| Investment Income | 87,149 | NaN | NaN |
| Programme Fees | 360 | NaN | NaN |
| Others Income | 1,767,042 | NaN | NaN |
| Total Receipts | 1,854,551 | 0 | 0 |
| Capital in Nature | 0 | NaN | NaN |
| Expenses | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Fundraising Expenses | |||
| Fundraising Expenses | 0 | NaN | NaN |
| Charitable Activities/Programme Expenses | |||
| Local (Direct & Support) | 70,161 | NaN | NaN |
| Overseas (Direct & Support) | 0 | NaN | NaN |
| Charitable Activities/Programme Expenses | 70,161 | NaN | NaN |
| Expenses | |||
| Other Expenses | 0 | NaN | NaN |
| Total Expenditure | 70,161 | NaN | NaN |
| Balance Sheet | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Assets | |||
| Land and Buildings | 486,441 | NaN | NaN |
| Other Tangible Assets | 0 | NaN | NaN |
| Investments | 0 | NaN | NaN |
| Inventories | 0 | NaN | NaN |
| Account Receivables | 5,052 | NaN | NaN |
| Cash & Deposits | 3,410,151 | NaN | NaN |
| Other Assets | 0 | NaN | NaN |
| Total Assets | 3,901,644 | NaN | NaN |
| Funds | |||
| Total Unrestricted Funds | 3,889,244 | NaN | NaN |
| Total Restricted Funds | 0 | NaN | NaN |
| Endowments Funds | 0 | NaN | NaN |
| Total Funds and Reserves | 3,889,244 | NaN | NaN |
| Liabilities | |||
| Total Current Liabilities | 12,400 | NaN | NaN |
| Total Non-Current Liabilities | 0 | NaN | NaN |
| Total Liabilities | 12,400 | NaN | NaN |
| Total Funds and Liabilities | 3,901,644 | NaN | NaN |
| Other Information | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Donations, Grants and Sponsorships given to other registred charities | 4,500 | NaN | NaN |
| No. of Employees | 0 | NaN | NaN |
| Total Employee Cost | 0 | NaN | NaN |
| Fudnraisig Efficiency Ratio | 0 | NaN | NaN |
| Total Related Party Transactions | 0 | NaN | NaN |
People
At Hai Yin Buddhist Sangha Society, individuals come together with a shared goal of preserving and promoting orthodox Buddhism through various activities such as worship, study, practice, and charitable works. They support Buddhist monks and nuns by providing for their livelihoods, sponsor scholarships, offer educational subsidies, and engage in community service to help underprivileged communities.
loh siew eng @ shi fa yin
tan siew hoon @ shi chi guo
chew swen ling @ shi fa qian
ng kok eng @ shi fa rong
goh siew hwa @ shi fa xuan
tan quee kee @ shi fayi
syn kok hong @ shi fa yuan
quek teck sae @ shi faliang
low soo gek @ shi fa zun
News
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