Charity
Singapore Buddhist Lodge Welfare Foundation
About
What does Singapore Buddhist Lodge Welfare Foundation do?
The Singapore Buddhist Lodge Welfare Foundation is a charitable organization dedicated to providing financial assistance and other support to those in need, including the elderly, sick, disabled, destitute, poor, and children. Their mission includes establishing and managing various facilities such as clinics, medical centers, hospices, nursing homes, residential homes, day care centers, child care centers, kindergartens, student care centers, and supporting registered charitable organizations with similar objectives. The foundation's services are available to all individuals regardless of their race, religion, or sex.
Founded
1997
People
tan lee huak, pan sen tian, quek phek geok, low ah hoo, xu chuan xi, yeap yuen yon, chim yoon fah, soh chee keong, dr ang liang, lim lee meng
Causes
Health & WellnessChildrenEducationHighlights
- Donations are tax-deductible
- Registered Charity
- Established since 1997
- Published yearly Annual Reports
- Audited Financial Statements
Society Impact
- Providing financial assistance to the aged, sick, disabled, destitute, poor, and those in need regardless of their race, religion, or sex.
- Establishing, managing, aiding, or supporting various facilities such as clinics, medical facilities, hospices, nursing homes, residential homes, day care centers, childcare centers, kindergartens, and student care centers for those in need.
- Supporting registered charitable organizations with similar objectives to the foundation.
- Promoting equal access to welfare services regardless of race, religion, 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?
- Providing financial assistance to the aged, sick, disabled, destitute, poor, and those in need regardless of their race, religion, or sex.
- Establishing, managing, aiding, or supporting various facilities such as clinics, medical facilities, hospices, nursing homes, residential homes, day care centers, childcare centers, kindergartens, and student care centers for those in need.
- Supporting registered charitable organizations with similar objectives to the foundation.
- Promoting equal access to welfare services regardless of race, religion, 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$) |
|---|---|---|---|
| Donations in Cash | |||
| Tax-Deductible | 670,968 | 893,044 | 532,464 |
| Non Tax-Deductible | 1,015,360 | 865,815 | 421,369 |
| Total Donations in Cash | 1,686,328 | 1,758,859 | 953,833 |
| Donations in Kind | |||
| Tax-Deductible | 0 | 0 | 0 |
| Non Tax-Deductible | 4,872 | 10,458 | 13,141 |
| Total Donations in Kind | 4,872 | 10,458 | 13,141 |
| Government Grants | 2,799,101 | 2,968,444 | 2,905,095 |
| Investment Income | 92,263 | 0 | 0 |
| Programme Fees | 503,205 | 392,421 | 0 |
| Others Income | 727 | 46,554 | 860,988 |
| Total Receipts | 5,086,496 | 5,176,736 | 4,733,057 |
| Capital in Nature | 0 | 0 | 0 |
| Expenses | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Fundraising Expenses | |||
| Fundraising Expenses | 0 | 0 | 0 |
| Charitable Activities/Programme Expenses | |||
| Local (Direct & Support) | 1,295,935 | 1,109,081 | 1,019,947 |
| Overseas (Direct & Support) | 0 | 0 | 0 |
| Charitable Activities/Programme Expenses | 1,295,935 | 1,109,081 | 1,019,947 |
| Expenses | |||
| Other Expenses | 3,625,498 | 2,835,641 | 2,553,787 |
| Total Expenditure | 4,921,433 | 3,944,722 | 3,573,734 |
| Balance Sheet | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Assets | |||
| Land and Buildings | 0 | 0 | 0 |
| Other Tangible Assets | 167,474 | 72,942 | 75,103 |
| Investments | 0 | 0 | 0 |
| Inventories | 34,925 | 23,215 | 23,684 |
| Account Receivables | 352,896 | 184,848 | 47,456 |
| Cash & Deposits | 15,845,576 | 15,552,093 | 14,058,219 |
| Other Assets | 0 | 93,585 | 585,204 |
| Total Assets | 16,400,871 | 15,926,683 | 14,789,666 |
| Funds | |||
| Total Unrestricted Funds | 9,559,234 | 9,390,817 | 9,061,427 |
| Total Restricted Funds | 5,304,418 | 5,307,772 | 4,405,148 |
| Endowments Funds | 0 | 0 | 0 |
| Total Funds and Reserves | 14,863,652 | 14,698,589 | 13,466,575 |
| Liabilities | |||
| Total Current Liabilities | 1,530,837 | 1,216,669 | 1,306,080 |
| Total Non-Current Liabilities | 6,382 | 11,425 | 17,011 |
| Total Liabilities | 1,537,219 | 1,228,094 | 1,323,091 |
| Total Funds and Liabilities | 16,400,871 | 15,926,683 | 14,789,666 |
| Other Information | Jan 2022 - Dec 2022(S$) | 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 | 48 | 44 | 44 |
| Total Employee Cost | 3,257,499 | 2,554,897 | 2,287,971 |
| Fudnraisig Efficiency Ratio | 0 | 0 | 0 |
| Total Related Party Transactions | 0 | 0 | 0 |
People
At the Singapore Buddhist Lodge Welfare Foundation, volunteers and staff work together to provide financial assistance and support for various groups in need, including the elderly, sick, disabled, destitute, poor, and children. They establish and manage facilities such as clinics, medical centers, hospices, nursing homes, residential homes, day care centers, child care centers, kindergartens, and student care centers. The foundation's services are available to all individuals regardless of their race, religion, or sex, with the aim of helping those in need and promoting welfare within the community.
tan lee huak
pan sen tian
quek phek geok
low ah hoo
xu chuan xi
yeap yuen yon
chim yoon fah
soh chee keong
dr ang liang
lim lee meng
News
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