Charity
SINGAPORE EYE RESEARCH INSTITUTE
About
What does SINGAPORE EYE RESEARCH INSTITUTE do?
A Global Leader in Vision & Sight Preservation, Dedicated to Innovative Research & Treatment of Debilitating Eye Disorders.
Founded
2002
People
esmond choo liong gee, sung jao yiu, aung tin, seet hun yew benjamin, chong yap seng, ooi chee kar, tan sze wee, thomas myron coffman, vernon lee jian ming, tan shong ye
Causes
Health & WellnessEducationHighlights
- Donations are tax-deductible
- Registered Charity
- Established since 2002
- Published yearly Annual Reports
- Audited Financial Statements
Society Impact
- Improved eye health outcomes: By conducting innovative and world-leading research, SERI could lead to advancements in treatments for sight-threatening disorders, improving vision health for individuals across Asia and beyond.
- Economic growth: As a global center of excellence in eye and vision research, the institute can attract international funding, collaborations, and talent, contributing to Singapore's economic development.
- Training future professionals: SERI could provide training opportunities for students and early-career scientists, fostering a new generation of eye health experts who will contribute to research and clinical practice worldwide.
- Knowledge dissemination: By conducting research on debilitating diseases of the eye, SERI can help raise awareness about these conditions among both
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?
- Improved eye health outcomes: By conducting innovative and world-leading research, SERI could lead to advancements in treatments for sight-threatening disorders, improving vision health for individuals across Asia and beyond.
- Economic growth: As a global center of excellence in eye and vision research, the institute can attract international funding, collaborations, and talent, contributing to Singapore's economic development.
- Training future professionals: SERI could provide training opportunities for students and early-career scientists, fostering a new generation of eye health experts who will contribute to research and clinical practice worldwide.
- Knowledge dissemination: By conducting research on debilitating diseases of the eye, SERI can help raise awareness about these conditions among both
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$) |
|---|---|---|---|
| Donations in Cash | |||
| Tax-Deductible | 0 | 0 | 0 |
| Non Tax-Deductible | 0 | 0 | 0 |
| Total Donations in Cash | 0 | 0 | 0 |
| Donations in Kind | |||
| Tax-Deductible | 0 | 0 | 0 |
| Non Tax-Deductible | 0 | 0 | 0 |
| Total Donations in Kind | 0 | 0 | 0 |
| Government Grants | 34,808,835 | 31,634,389 | 30,006,232 |
| Investment Income | 0 | 0 | 0 |
| Programme Fees | 1,091,567 | 199,042 | 60,500 |
| Others Income | 12,349,359 | 16,475,169 | 13,154,884 |
| Total Receipts | 48,249,761 | 48,308,600 | 43,221,616 |
| Capital in Nature | 1,998,402 | 2,153,625 | 1,868,226 |
| Expenses | Apr 2022 - Mar 2023(S$) | Apr 2021 - Mar 2022(S$) | Apr 2020 - Mar 2021(S$) |
|---|---|---|---|
| Fundraising Expenses | |||
| Fundraising Expenses | 0 | 0 | 0 |
| Charitable Activities/Programme Expenses | |||
| Local (Direct & Support) | 47,498,851 | 46,096,772 | 44,037,756 |
| Overseas (Direct & Support) | 739,171 | 180,984 | 131,595 |
| Charitable Activities/Programme Expenses | 48,238,022 | 46,277,756 | 44,169,351 |
| Expenses | |||
| Other Expenses | 0 | 0 | 0 |
| Total Expenditure | 48,238,022 | 46,277,756 | 44,169,351 |
| Balance Sheet | Apr 2022 - Mar 2023(S$) | Apr 2021 - Mar 2022(S$) | Apr 2020 - Mar 2021(S$) |
|---|---|---|---|
| Assets | |||
| Land and Buildings | 0 | 0 | 0 |
| Other Tangible Assets | 9,068,893 | 10,371,681 | 9,872,368 |
| Investments | 0 | 0 | 0 |
| Inventories | 0 | 0 | 0 |
| Account Receivables | 28,205,548 | 24,505,083 | 21,284,040 |
| Cash & Deposits | 14,710,545 | 12,076,761 | 11,647,664 |
| Other Assets | 280,605 | 91,167 | 254,611 |
| Total Assets | 52,265,591 | 47,044,692 | 43,058,683 |
| Funds | |||
| Total Unrestricted Funds | 148,572 | 136,832 | -1,894,012 |
| Total Restricted Funds | 0 | 0 | 0 |
| Endowments Funds | 0 | 0 | 0 |
| Total Funds and Reserves | 148,572 | 136,832 | NaN |
| Liabilities | |||
| Total Current Liabilities | 46,533,469 | 41,655,914 | 40,557,770 |
| Total Non-Current Liabilities | 5,583,550 | 5,251,946 | 4,394,925 |
| Total Liabilities | 52,117,019 | 46,907,860 | 44,952,695 |
| Total Funds and Liabilities | 52,265,591 | 47,044,692 | 43,058,683 |
| Other Information | Apr 2022 - Mar 2023(S$) | Apr 2021 - Mar 2022(S$) | Apr 2020 - Mar 2021(S$) |
|---|---|---|---|
| Donations, Grants and Sponsorships given to other registred charities | 0 | 0 | 1,500,000 |
| No. of Employees | 243 | 253 | 256 |
| Total Employee Cost | 21,014,718 | 22,477,618 | 19,009,474 |
| Fudnraisig Efficiency Ratio | 0 | 0 | 0 |
| Total Related Party Transactions | 15,350,947 | 13,132,736 | 14,712,399 |
People
At the Singapore Eye Research Institute, individuals are dedicated to advancing research and treatment for debilitating eye disorders through innovation and dedication.
esmond choo liong gee
sung jao yiu
aung tin
seet hun yew benjamin
chong yap seng
ooi chee kar
tan sze wee
thomas myron coffman
vernon lee jian ming
tan shong ye
News
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