Charity
INSEAD (SINGAPORE) TRUST
About
What does INSEAD (SINGAPORE) TRUST do?
What does the charity INSEAD (SINGAPORE) TRUST do? INSEAD (Singapore) Trust is a non-profit organization dedicated to advancing education in Singapore, offering scholarships for various programs such as MBA, Social Entrepreneurship Programme (ISEP), and Masters in Management. Their mission is to foster responsible leaders who can transform businesses and society through diverse perspectives and ideas.
Founded
2020
People
holman chin, ngien hoon ping, tay li choo
Causes
EducationHealth & WellnessChildrenHighlights
- Donations are tax-deductible
- Registered Charity
- Established since 2020
- Published yearly Annual Reports
- Audited Financial Statements
Society Impact
- Promoting education advancement in Singapore, regardless of race, belief or religion.
- Providing scholarships for Singapore citizens and permanent residents to pursue business management programs at INSEAD.
- Developing responsible leaders who can contribute positively to society and transform the business world.
- Encouraging diversity and inclusivity in education by supporting students from various backgrounds.
- Fostering cross-cultural understanding and collaboration through its global network of alumni and partnerships with international institutions.
Donation Income
Financials
Donation Income
What are the donations used for?
- Promoting education advancement in Singapore, regardless of race, belief or religion.
- Providing scholarships for Singapore citizens and permanent residents to pursue business management programs at INSEAD.
- Developing responsible leaders who can contribute positively to society and transform the business world.
- Encouraging diversity and inclusivity in education by supporting students from various backgrounds.
- Fostering cross-cultural understanding and collaboration through its global network of alumni and partnerships with international institutions.
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$) |
|---|---|---|---|
| Donations in Cash | |||
| Tax-Deductible | 223,157 | 120,540 | 786,428 |
| Non Tax-Deductible | 0 | 0 | 0 |
| Total Donations in Cash | 223,157 | 120,540 | 786,428 |
| Donations in Kind | |||
| Tax-Deductible | 0 | 0 | 0 |
| Non Tax-Deductible | 0 | 0 | 0 |
| Total Donations in Kind | 0 | 0 | 0 |
| Government Grants | 0 | 0 | 0 |
| Investment Income | 0 | 0 | 0 |
| Programme Fees | 0 | 0 | 0 |
| Others Income | 1,738 | 400,000 | 0 |
| Total Receipts | 224,895 | 520,540 | 786,428 |
| Capital in Nature | 0 | 0 | 0 |
| Expenses | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Fundraising Expenses | |||
| Fundraising Expenses | 0 | 0 | 0 |
| Charitable Activities/Programme Expenses | |||
| Local (Direct & Support) | 0 | 0 | 0 |
| Overseas (Direct & Support) | 0 | 0 | 0 |
| Charitable Activities/Programme Expenses | NaN | NaN | 0 |
| Expenses | |||
| Other Expenses | 8,216 | 7,322 | 23,000 |
| Total Expenditure | 8,216 | 7,322 | 23,000 |
| Balance Sheet | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Assets | |||
| Land and Buildings | 0 | 0 | 0 |
| Other Tangible Assets | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 |
| Inventories | 0 | 0 | 0 |
| Account Receivables | 0 | 0 | 0 |
| Cash & Deposits | 850,825 | 631,646 | 786,428 |
| Other Assets | 0 | 0 | 0 |
| Total Assets | 850,825 | 631,646 | 786,428 |
| Funds | |||
| Total Unrestricted Funds | 0 | 0 | 0 |
| Total Restricted Funds | 850,825 | 626,646 | 113,428 |
| Endowments Funds | 0 | 0 | 0 |
| Total Funds and Reserves | 850,825 | 626,646 | 113,428 |
| Liabilities | |||
| Total Current Liabilities | 0 | 5,000 | 673,000 |
| Total Non-Current Liabilities | 0 | 0 | 0 |
| Total Liabilities | 0 | 5,000 | 673,000 |
| Total Funds and Liabilities | 850,825 | 631,646 | 786,428 |
| Other Information | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Donations, Grants and Sponsorships given to other registred charities | 0 | 120,540 | 650,000 |
| No. of Employees | 0 | 0 | 0 |
| Total Employee Cost | 0 | 0 | 0 |
| Fudnraisig Efficiency Ratio | 100 | 6 | 3 |
| Total Related Party Transactions | 0 | 0 | 0 |
People
The INSEAD (Singapore) Trust supports education advancement by offering scholarships for various programs, including MBA, Social Entrepreneurship Programme (ISEP), and Masters in Management. Their mission is to cultivate responsible leaders who can drive positive change through diverse perspectives and ideas.
