Charity
SINGAPORE CHESS FEDERATION (PERSEKUTUAN CHATUR SINGAPURA)
About
What does SINGAPORE CHESS FEDERATION (PERSEKUTUAN CHATUR SINGAPURA) do?
Singapore Chess Federation (PERSEKUTUAN CHATUR SINGAPURA) is dedicated to promoting chess in Singapore through various initiatives such as training schemes for schools and youth, organizing tournaments and regional championships, participating in international and regional competitions, and representing Singapore in the World Chess Federation (FIDE). Their mission is to nurture a thriving chess community, aspire towards sports excellence, and promote chess for all.
Founded
2012
People
kyra wang nian yu, jason goh koon jong, ong yujing, seow yongli, terry toh chun eng, hsu li yang, wong meng kong, iskandar bin abdullah, lau yan han
Causes
EducationHealth & WellnessHighlights
- Donations are tax-deductible
- Registered Charity
- Established since 2012
- Published yearly Annual Reports
- Audited Financial Statements
Society Impact
- Promotes mental stimulation: Playing chess can improve cognitive skills, such as problem-solving and decision-making abilities. It also encourages strategic thinking and analytical reasoning.
- Fosters community building: The SCF organizes tournaments and events that bring people together from different backgrounds to share a common interest in chess. This can help build social connections, foster teamwork, and promote sportsmanship among participants.
- Encourages youth development: The SCF's training schemes for schools and youth aim to identify talented young players and provide them with opportunities to develop their skills through structured programs. This can contribute to the overall growth of Singaporean children in various aspects, such as discipline, focus, and strategic thinking.
- Supports education: Chess has been shown to
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?
- Promotes mental stimulation: Playing chess can improve cognitive skills, such as problem-solving and decision-making abilities. It also encourages strategic thinking and analytical reasoning.
- Fosters community building: The SCF organizes tournaments and events that bring people together from different backgrounds to share a common interest in chess. This can help build social connections, foster teamwork, and promote sportsmanship among participants.
- Encourages youth development: The SCF's training schemes for schools and youth aim to identify talented young players and provide them with opportunities to develop their skills through structured programs. This can contribute to the overall growth of Singaporean children in various aspects, such as discipline, focus, and strategic thinking.
- Supports education: Chess has been shown to
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 | Apr 2022 - Mar 2023(S$) | Apr 2021 - Mar 2022(S$) | Apr 2020 - Mar 2021(S$) |
|---|---|---|---|
| Donations in Cash | |||
| Tax-Deductible | 283,650 | 0 | 6,530 |
| Non Tax-Deductible | 6,800 | 0 | 0 |
| Total Donations in Cash | 290,450 | 0 | 6,530 |
| Donations in Kind | |||
| Tax-Deductible | 0 | 0 | 0 |
| Non Tax-Deductible | 0 | 0 | 0 |
| Total Donations in Kind | 0 | 0 | 0 |
| Government Grants | 201,400 | 46,283 | 0 |
| Investment Income | 0 | 0 | 0 |
| Programme Fees | 991,358 | 725,433 | 437,116 |
| Others Income | 3,704 | 13,068 | 55,578 |
| Total Receipts | 1,486,912 | 784,784 | 499,224 |
| Capital in Nature | 0 | 0 | 0 |
| Expenses | Apr 2022 - Mar 2023(S$) | Apr 2021 - Mar 2022(S$) | Apr 2020 - Mar 2021(S$) |
|---|---|---|---|
| Fundraising Expenses | |||
| Fundraising Expenses | 0 | 0 | 0 |
| Charitable Activities/Programme Expenses | |||
| Local (Direct & Support) | 272,694 | 202,324 | 492,763 |
| Overseas (Direct & Support) | 10,505 | 3,775 | 0 |
| Charitable Activities/Programme Expenses | 283,199 | 206,099 | 492,763 |
| Expenses | |||
| Other Expenses | 885,509 | 547,066 | 113,760 |
| Total Expenditure | 1,168,708 | 753,165 | 606,523 |
| Balance Sheet | Apr 2022 - Mar 2023(S$) | Apr 2021 - Mar 2022(S$) | Apr 2020 - Mar 2021(S$) |
|---|---|---|---|
| Assets | |||
| Land and Buildings | 0 | 0 | 124,194 |
| Other Tangible Assets | 89,300 | 105,514 | 0 |
| Investments | 0 | 0 | 0 |
| Inventories | 0 | 0 | 0 |
| Account Receivables | 4,777 | 9,335 | 22,890 |
| Cash & Deposits | 813,207 | 425,081 | 389,284 |
| Other Assets | 48,241 | 15,161 | 4,735 |
| Total Assets | 955,525 | 555,091 | 541,103 |
| Funds | |||
| Total Unrestricted Funds | 427,332 | 351,097 | 328,408 |
| Total Restricted Funds | 313,340 | 71,371 | 503 |
| Endowments Funds | 0 | 0 | 61,938 |
| Total Funds and Reserves | 740,672 | 422,468 | 390,849 |
| Liabilities | |||
| Total Current Liabilities | 214,853 | 132,623 | 128,880 |
| Total Non-Current Liabilities | 0 | 0 | 21,374 |
| Total Liabilities | 214,853 | 132,623 | 150,254 |
| Total Funds and Liabilities | 955,525 | 555,091 | 541,103 |
| Other Information | Apr 2022 - Mar 2023(S$) | Apr 2021 - Mar 2022(S$) | Apr 2020 - Mar 2021(S$) |
|---|---|---|---|
| Donations, Grants and Sponsorships given to other registred charities | 0 | 0 | 0 |
| No. of Employees | 10 | 5 | 5 |
| Total Employee Cost | 513,343 | 334,280 | 326,310 |
| Fudnraisig Efficiency Ratio | 0 | 0 | 0 |
| Total Related Party Transactions | 0 | 15,970 | 16,790 |
People
People at the Singapore Chess Federation engage in various activities aimed at promoting chess in Singapore through training schemes, organizing tournaments, participating in international competitions, and representing Singapore on a global stage while fostering a thriving community that values sports excellence.
kyra wang nian yu
jason goh koon jong
ong yujing
seow yongli
terry toh chun eng
hsu li yang
wong meng kong
iskandar bin abdullah
lau yan han
News
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