Halogen Foundation Singapore is an educational charity that focuses on building young leaders and entrepreneurs, with a mission to make quality leadership and entrepreneurship education accessible to all youths regardless of their backgrounds or financial status. As an Institution of Public Character (IPC), donations are entitled to a 2.5x tax deduction. Halogen believes that every young person can lead and be positive change-agents by developing an entrepreneurial mindset, enabling them to contribute positively to society. Through various initiatives such as events, programs, projects, awards, social communities, and research & development labs, Halogen aims to influence a generation of young people to lead themselves and others well.
2003
william bruce grahame padfield, mark john sayer, ramlee bin buang, aaron shahril yusoff maniam, tan lai yuen, lim hwee seh, kon sen choeng, seah gek choo (she yuzhu), ann tan sian ann, thong yuen siew jessie
This indicates the cost to raise a single dollar. A lower cost suggests the charity is more efficient in its fundraising efforts.
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.
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.
This indicates the cost to raise a single dollar. A lower cost suggests the charity is more efficient in its fundraising efforts.
Charities 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$) |
---|---|---|---|
Donations in Cash | |||
Tax-Deductible | 257,311 | 128,366 | 646,180 |
Non Tax-Deductible | 221,135 | 227,926 | 102,600 |
Total Donations in Cash | 478,446 | 356,292 | 748,780 |
Donations in Kind | |||
Tax-Deductible | 0 | 0 | 0 |
Non Tax-Deductible | 62,520 | 0 | 0 |
Total Donations in Kind | 62,520 | 0 | 0 |
Government Grants | 231,166 | 1,030,399 | 908,602 |
Investment Income | 0 | 0 | 44,944 |
Programme Fees | 1,724,614 | 817,626 | 687,629 |
Others Income | 290 | 63,119 | 175,407 |
Total Receipts | 2,497,036 | 2,267,436 | 2,565,362 |
Capital in Nature | 0 | 0 | 0 |
Expenses | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
---|---|---|---|
Fundraising Expenses | |||
Fundraising Expenses | 95,851 | 20,182 | 46,406 |
Charitable Activities/Programme Expenses | |||
Local (Direct & Support) | 2,170,113 | 1,664,140 | 451,142 |
Overseas (Direct & Support) | 0 | 0 | 0 |
Charitable Activities/Programme Expenses | 2,170,113 | 1,664,140 | 451,142 |
Expenses | |||
Other Expenses | 273,197 | 381,855 | 1,362,780 |
Total Expenditure | 2,539,161 | 2,066,177 | 1,860,328 |
Balance Sheet | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
---|---|---|---|
Assets | |||
Land and Buildings | 0 | 0 | 0 |
Other Tangible Assets | 128,721 | 202,361 | 303,099 |
Investments | 0 | 0 | 0 |
Inventories | 0 | 0 | 0 |
Account Receivables | 316,011 | 105,918 | 133,234 |
Cash & Deposits | 4,345,972 | 4,525,741 | 4,527,296 |
Other Assets | 33,934 | 44,415 | 38,676 |
Total Assets | 4,824,638 | 4,878,435 | 5,002,305 |
Funds | |||
Total Unrestricted Funds | 4,409,291 | 3,261,553 | 2,583,933 |
Total Restricted Funds | 42,027 | 1,231,890 | 1,708,251 |
Endowments Funds | 0 | 0 | 0 |
Total Funds and Reserves | 4,451,318 | 4,493,443 | 4,292,184 |
Liabilities | |||
Total Current Liabilities | 347,846 | 310,928 | 530,279 |
Total Non-Current Liabilities | 25,474 | 74,064 | 179,842 |
Total Liabilities | 373,320 | 384,992 | 710,121 |
Total Funds and Liabilities | 4,824,638 | 4,878,435 | 5,002,305 |
Other Information | Jan 2022 - Dec 2022(S$) | 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 | 23 | 20 | 19 |
Total Employee Cost | 1,644,274 | 1,332,293 | 1,253,389 |
Fudnraisig Efficiency Ratio | 8 | 21 | 6 |
Total Related Party Transactions | 0 | 0 | 0 |
At Halogen Foundation Singapore, individuals work towards building young leaders and entrepreneurs by making quality leadership and entrepreneurship education accessible to all youths regardless of their backgrounds or financial status. They believe that every young person can lead and be positive change-agents through developing an entrepreneurial mindset, enabling them to contribute positively to society. Through various initiatives such as events, programs, projects, awards, social communities, and research & development labs, Halogen aims to influence a generation of young people to lead themselves and others well.