Charity

LIU YIN SOON SCHOLARSHIP TRUST FUND

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About

LIU YIN SOON SCHOLARSHIP TRUST FUND banner

What does LIU YIN SOON SCHOLARSHIP TRUST FUND do?

Discover how LIU YIN SOON SCHOLARSHIP TRUST FUND supports Ngee Ann Polytechnic students through scholarships, funded by rental income and investment proceeds from property sales.

Founded

1989

People

mohamed elmie bin nekmat, chia bing hui edward, goh kim hock, tan chye hee gilbert, esa han hsien masood, chua tiow chye, benedict koh, dhirendra shantilal, willie tan, ayesha khanna

Causes

Education Health & Wellness Children

Highlights

Donations are tax-deductible
Registered Charity
Established since 1989
Published yearly Annual Reports
Audited Financial Statements

Society Impact

Support for education: Provides financial assistance to Ngee Ann Polytechnic students, enabling them to pursue their academic goals without financial burden.
Encourages social mobility: Helps bridge the gap between different socio-economic backgrounds by providing scholarships to those who may not have the means to afford higher education otherwise.
Promotes meritocracy: Rewards students based on their academic achievements and potential, rather than their financial status, fostering a more equitable society.
Contributes to human capital development: By supporting education, the fund contributes to the overall growth of Singapore's workforce and economy by enhancing the skills and knowledge of its citizens.
Boosts self-esteem and confidence: Receiving financial assistance can boost

Financials

Donation Income

S$NaNIn 2022

What are the donations used for?

Support for education: Provides financial assistance to Ngee Ann Polytechnic students, enabling them to pursue their academic goals without financial burden.
Encourages social mobility: Helps bridge the gap between different socio-economic backgrounds by providing scholarships to those who may not have the means to afford higher education otherwise.
Promotes meritocracy: Rewards students based on their academic achievements and potential, rather than their financial status, fostering a more equitable society.
Contributes to human capital development: By supporting education, the fund contributes to the overall growth of Singapore's workforce and economy by enhancing the skills and knowledge of its citizens.
Boosts self-esteem and confidence: Receiving financial assistance can boost

Annual Reports

2023 Annual Report

Financial Information

Source: Charity Portal

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
Donations in Cash
Tax-Deductible
Non Tax-Deductible
Total Donations in Cash
Donations in Kind
Tax-Deductible
Non Tax-Deductible
Total Donations in Kind
Government Grants
Investment Income
Programme Fees
Others Income
Total Receipts
Capital in Nature

Expenses
Fundraising Expenses
Fundraising Expenses
Charitable Activities/Programme Expenses
Local (Direct & Support)
Overseas (Direct & Support)
Charitable Activities/Programme Expenses
Expenses
Other Expenses
Total Expenditure

Balance Sheet
Assets
Land and Buildings
Other Tangible Assets
Investments
Inventories
Account Receivables
Cash & Deposits
Other Assets
Total Assets
Funds
Total Unrestricted Funds
Total Restricted Funds
Endowments Funds
Total Funds and Reserves
Liabilities
Total Current Liabilities
Total Non-Current Liabilities
Total Liabilities
Total Funds and Liabilities

Other Information
Donations, Grants and Sponsorships given to other registred charities
No. of Employees
Total Employee Cost
Fudnraisig Efficiency Ratio
Total Related Party Transactions

N.A: This charity is not required to submit Online Financial Summary for the respective Financial Year.

- : This field is not required for the respective Financial Year