Charity
Singapore Buddhist Lodge Education Foundation
About
What does Singapore Buddhist Lodge Education Foundation do?
Singapore Buddhist Lodge Education Foundation supports education for all, awarding bursaries and scholarships, fostering moral education, promoting scientific research, providing free tuition, and aiding educational institutions to ensure quality learning access for underprivileged students regardless of their religion, race or sex.
Founded
1997
People
tan gim seng, yong siew lan, tan ann nah, toh chor choo, koh kay tee, teoh chu chun, chan poh swai @ chan poh swee, lim lee meng, tan kiat gee, wang yew kwang
Causes
EducationNo PovertyChildrenHighlights
- Donations are tax-deductible
- Registered Charity
- Established since 1997
- Published yearly Annual Reports
- Audited Financial Statements
Society Impact
- Increased access to education for underprivileged students, promoting social mobility and reducing inequality.
- Encouragement of academic merit through scholarships, fostering a culture of excellence in education.
- Promotion of moral education, potentially leading to more ethical and responsible individuals within society.
- Support for scientific research and development across various disciplines, contributing to advancements in knowledge and technology.
- Enhancement of educational institutions through financial assistance and partnerships with other charitable organizations.
- Encouragement of diversity by providing education opportunities regardless of religion, race, or sex.
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?
- Increased access to education for underprivileged students, promoting social mobility and reducing inequality.
- Encouragement of academic merit through scholarships, fostering a culture of excellence in education.
- Promotion of moral education, potentially leading to more ethical and responsible individuals within society.
- Support for scientific research and development across various disciplines, contributing to advancements in knowledge and technology.
- Enhancement of educational institutions through financial assistance and partnerships with other charitable organizations.
- Encouragement of diversity by providing education opportunities regardless of religion, race, or sex.
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$) |
|---|---|---|---|
| Donations in Cash | |||
| Tax-Deductible | 607,708 | 541,746 | 216,273 |
| Non Tax-Deductible | 410,398 | 316,907 | 813,529 |
| Total Donations in Cash | 1,018,106 | 858,653 | 1,029,802 |
| Donations in Kind | |||
| Tax-Deductible | 0 | 0 | 0 |
| Non Tax-Deductible | 0 | 0 | 0 |
| Total Donations in Kind | 0 | 0 | 0 |
| Government Grants | 0 | 400,000 | 0 |
| Investment Income | 39,280 | 0 | 0 |
| Programme Fees | 0 | 0 | 0 |
| Others Income | 7 | 20,888 | 53,582 |
| Total Receipts | 1,057,393 | 1,279,541 | 1,083,384 |
| Capital in Nature | 0 | 0 | 0 |
| Expenses | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Fundraising Expenses | |||
| Fundraising Expenses | 0 | 0 | 0 |
| Charitable Activities/Programme Expenses | |||
| Local (Direct & Support) | 711,255 | 770,800 | 787,595 |
| Overseas (Direct & Support) | 0 | 0 | 0 |
| Charitable Activities/Programme Expenses | 711,255 | 770,800 | 787,595 |
| Expenses | |||
| Other Expenses | 13,649 | 13,810 | 14,838 |
| Total Expenditure | 724,904 | 784,610 | 802,433 |
| Balance Sheet | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Assets | |||
| Land and Buildings | 0 | 0 | 0 |
| Other Tangible Assets | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 |
| Inventories | 0 | 0 | 0 |
| Account Receivables | 22,063 | 3,717 | 44,212 |
| Cash & Deposits | 5,236,146 | 4,928,039 | 4,394,763 |
| Other Assets | 27,558 | 19,212 | 17,762 |
| Total Assets | 5,285,767 | 4,950,968 | 4,456,737 |
| Funds | |||
| Total Unrestricted Funds | 5,279,861 | 4,947,372 | 4,452,441 |
| Total Restricted Funds | 0 | 0 | 0 |
| Endowments Funds | 0 | 0 | 0 |
| Total Funds and Reserves | 5,279,861 | 4,947,372 | 4,452,441 |
| Liabilities | |||
| Total Current Liabilities | 5,906 | 3,596 | 4,296 |
| Total Non-Current Liabilities | 0 | 0 | 0 |
| Total Liabilities | 5,906 | 3,596 | 4,296 |
| Total Funds and Liabilities | 5,285,767 | 4,950,968 | 4,456,737 |
| Other Information | Jan 2022 - Dec 2022(S$) | 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 | 0 | 0 | 0 |
| Total Employee Cost | 0 | 0 | 0 |
| Fudnraisig Efficiency Ratio | 0 | 0 | 0 |
| Total Related Party Transactions | 0 | 0 | 0 |
People
At Singapore Buddhist Lodge Education Foundation, individuals work towards supporting education for all by awarding bursaries and scholarships, promoting moral education, fostering scientific research, providing free tuition, and aiding educational institutions to ensure quality learning access for underprivileged students regardless of their religion, race or sex.
tan gim seng
yong siew lan
tan ann nah
toh chor choo
koh kay tee
teoh chu chun
chan poh swai @ chan poh swee
lim lee meng
tan kiat gee
wang yew kwang
News
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