About
What does Sikh Welfare Council (SIWEC) do?
The Sikh Welfare Council (SIWEC) is a charitable organization in Singapore that provides assistance to anyone in need, regardless of their background or religion. As an Approved Charity with IPC Status, all donations made to SIWEC are entitled to a 2.5 times tax deduction. The council's primary objective is to carry out and manage welfare schemes for those requiring help within the Singapore Community, including relief, financial assistance, healthcare, education, housing, and other forms of support. SIWEC achieves its objectives through various initiatives such as formulating policies related to welfare matters in the community, working with government and non-government agencies on welfare-related issues, providing family support, mental health awareness campaigns, eldercare programs, healthcare assistance, bereavement support, counseling & mediation services, fundraising events, and more.
Founded
2009
People
rashminder singh chohan, sukhbeer singh, amarbir singh, harbahjan singh, jaspal singh grewal, manmohan singh s/o shaminder singh, sharanjit kaur d/o sarjit singh, inderpal singh, harmit singh s/o labh singh, iqbal singh
Causes
No PovertyHealth & WellnessChildrenEducationHighlights
- Donations are tax-deductible
- Registered Charity
- Established since 2009
- Published yearly Annual Reports
- Audited Financial Statements
Society Impact
- Providing assistance to anyone in need, regardless of their background or religion.
- Offering a wide range of services such as financial assistance, healthcare support, education programs, housing aid, and counseling.
- Collaborating with government and non-government agencies on welfare-related matters to improve the overall wellbeing of the community.
- Entitling all donations (regardless of amount) to 2.5 times tax deduction, making it an attractive option for those looking to contribute to charitable causes.
- Promoting Oneness of Mankind as a core principle in their mission and objectives.
- Encouraging volunteerism by providing opportunities for individuals to make a difference in the lives of others.
- Organizing
Donation Income
Fundraising Efficiency
This indicates the cost to raise a single dollar. A lower cost suggests the charity is more efficient in its fundraising efforts.
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?
- Providing assistance to anyone in need, regardless of their background or religion.
- Offering a wide range of services such as financial assistance, healthcare support, education programs, housing aid, and counseling.
- Collaborating with government and non-government agencies on welfare-related matters to improve the overall wellbeing of the community.
- Entitling all donations (regardless of amount) to 2.5 times tax deduction, making it an attractive option for those looking to contribute to charitable causes.
- Promoting Oneness of Mankind as a core principle in their mission and objectives.
- Encouraging volunteerism by providing opportunities for individuals to make a difference in the lives of others.
- Organizing
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.
Fundraising Efficiency
This indicates the cost to raise a single dollar. A lower cost suggests the charity is more efficient in its fundraising efforts.
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$) |
|---|---|---|---|
| Donations in Cash | |||
| Tax-Deductible | 602,515 | 451,046 | 441,640 |
| Non Tax-Deductible | 5,911 | 47,235 | 0 |
| Total Donations in Cash | 608,426 | 498,281 | 441,640 |
| Donations in Kind | |||
| Tax-Deductible | 0 | 0 | 0 |
| Non Tax-Deductible | 0 | 0 | 0 |
| Total Donations in Kind | 0 | 0 | 0 |
| Government Grants | 109,260 | 219,811 | 523,812 |
| Investment Income | 19,426 | 17,874 | 44,858 |
| Programme Fees | 0 | 0 | 0 |
| Others Income | 1,137 | 98,006 | 1,658 |
| Total Receipts | 738,249 | 833,972 | 1,011,968 |
| Capital in Nature | 0 | 0 | 0 |
| Expenses | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Fundraising Expenses | |||
| Fundraising Expenses | 16,934 | 550 | 7,937 |
| Charitable Activities/Programme Expenses | |||
| Local (Direct & Support) | 682,537 | 697,809 | 543,551 |
| Overseas (Direct & Support) | 0 | 0 | 0 |
| Charitable Activities/Programme Expenses | 682,537 | 697,809 | 543,551 |
| Expenses | |||
| Other Expenses | 81,094 | 55,466 | 147,109 |
| Total Expenditure | 780,565 | 753,825 | 698,597 |
| Balance Sheet | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Assets | |||
| Land and Buildings | 0 | 0 | 54,397 |
| Other Tangible Assets | 18,065 | 36,087 | 0 |
| Investments | 0 | 0 | 0 |
| Inventories | 0 | 0 | 0 |
| Account Receivables | 0 | 0 | 13,781 |
| Cash & Deposits | 2,979,881 | 2,998,097 | 2,917,397 |
| Other Assets | 13,879 | 8,563 | 0 |
| Total Assets | 3,011,825 | 3,042,747 | 2,985,575 |
| Funds | |||
| Total Unrestricted Funds | 2,945,859 | 2,973,308 | 2,954,910 |
| Total Restricted Funds | 49,882 | 64,749 | 3,000 |
| Endowments Funds | 0 | 0 | 0 |
| Total Funds and Reserves | 2,995,741 | 3,038,057 | 2,957,910 |
| Liabilities | |||
| Total Current Liabilities | 16,084 | 4,690 | 27,665 |
| Total Non-Current Liabilities | 0 | 0 | 0 |
| Total Liabilities | 16,084 | 4,690 | 27,665 |
| Total Funds and Liabilities | 3,011,825 | 3,042,747 | 2,985,575 |
| Other Information | Jan 2022 - Dec 2022(S$) | 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 | 6 | 7 | 8 |
| Total Employee Cost | 376,567 | 374,558 | 364,535 |
| Fudnraisig Efficiency Ratio | 10 | 0 | 8 |
| Total Related Party Transactions | 40,412 | 172,306 | 109,514 |
People
People at SIWEC work towards providing various forms of welfare to those in need within the Singapore community. They formulate policies related to welfare matters, collaborate with government and non-government agencies on such issues, offer family support, run mental health awareness campaigns, provide eldercare programs, assist with healthcare needs, offer bereavement support, facilitate counseling & mediation services, organize fundraising events, and more.
rashminder singh chohan
sukhbeer singh
amarbir singh
harbahjan singh
jaspal singh grewal
manmohan singh s/o shaminder singh
sharanjit kaur d/o sarjit singh
inderpal singh
harmit singh s/o labh singh
iqbal singh
News
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