Imagine Better Companies is an initiative by Southern Methodist University (SMU) that encourages envisioning and creating a better future through education, empowerment, and community impact. The program relies on donations from generous supporters to achieve its goals of expanding educational opportunities for students, fostering growth in the university's capacity, and making meaningful contributions to society. By supporting Imagine Better Companies, you can help shape a brighter future by enabling students to reach their full potential and contribute positively to their communities and beyond.
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ho nyuk choo deborah joanne, jaime augusto miranda zobel de ayala, lim u yang hugh-reginald, beh jit han, lim swee lian ivy, panote sirivadhanabhakdi, juthika ramanathan, maxwell leslie king, piyush gupta, lim ming yan
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.
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.
Charities 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$) |
---|---|---|---|
Donations in Cash | |||
Tax-Deductible | 35,488,000 | 20,704,000 | 21,983,000 |
Non Tax-Deductible | 5,735,000 | 7,476,000 | 4,923,000 |
Total Donations in Cash | 41,223,000 | 28,180,000 | 26,906,000 |
Donations in Kind | |||
Tax-Deductible | 0 | 0 | 10,000 |
Non Tax-Deductible | 221,000 | 0 | 0 |
Total Donations in Kind | 221,000 | 0 | 10,000 |
Government Grants | 231,052,000 | 217,571,000 | 230,360,000 |
Investment Income | -126,607,000 | 183,076,000 | 343,769,000 |
Programme Fees | 268,075,000 | 265,319,000 | 242,318,000 |
Others Income | 10,197,000 | 6,223,000 | 6,284,000 |
Total Receipts | 424,161,000 | 700,369,000 | 849,647,000 |
Capital in Nature | 27,108,000 | 12,688,000 | 15,381,000 |
Expenses | Apr 2022 - Mar 2023(S$) | Apr 2021 - Mar 2022(S$) | Apr 2020 - Mar 2021(S$) |
---|---|---|---|
Fundraising Expenses | |||
Fundraising Expenses | 0 | 26,000 | 106,000 |
Charitable Activities/Programme Expenses | |||
Local (Direct & Support) | 0 | 0 | 0 |
Overseas (Direct & Support) | 4,660,116 | 166,000 | 111,000 |
Charitable Activities/Programme Expenses | 4,660,116 | 166,000 | 111,000 |
Expenses | |||
Other Expenses | 494,361,000 | 448,683,000 | 429,719,000 |
Total Expenditure | 499,021,116 | 448,875,000 | 429,936,000 |
Balance Sheet | Apr 2022 - Mar 2023(S$) | Apr 2021 - Mar 2022(S$) | Apr 2020 - Mar 2021(S$) |
---|---|---|---|
Assets | |||
Land and Buildings | 488,835,000 | 526,331,000 | 490,359,000 |
Other Tangible Assets | 19,948,000 | 9,027,000 | 11,319,000 |
Investments | 1,559,528,000 | 1,803,031,000 | 1,571,498,000 |
Inventories | 0 | 0 | 0 |
Account Receivables | 296,411,000 | 281,823,000 | 305,046,000 |
Cash & Deposits | 588,853,000 | 407,691,000 | 413,557,000 |
Other Assets | 347,000 | 184,000 | 122,000 |
Total Assets | 2,953,922,000 | 3,028,087,000 | 2,791,901,000 |
Funds | |||
Total Unrestricted Funds | 677,536,000 | 675,359,000 | 585,302,000 |
Total Restricted Funds | 57,880,000 | 60,829,000 | 54,752,000 |
Endowments Funds | 1,336,076,000 | 1,410,164,000 | 1,254,804,000 |
Total Funds and Reserves | 2,071,492,000 | 2,146,352,000 | 1,894,858,000 |
Liabilities | |||
Total Current Liabilities | 264,010,000 | 295,601,000 | 146,774,000 |
Total Non-Current Liabilities | 618,420,000 | 586,134,000 | 750,269,000 |
Total Liabilities | 882,430,000 | 881,735,000 | 897,043,000 |
Total Funds and Liabilities | 2,953,922,000 | 3,028,087,000 | 2,791,901,000 |
Other Information | Apr 2022 - Mar 2023(S$) | 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 | 1,697 | 1,596 | 1,584 |
Total Employee Cost | 291,657,000 | 274,214,000 | 254,128,000 |
Fudnraisig Efficiency Ratio | 0 | 0 | 0 |
Total Related Party Transactions | 0 | 0 | 959,000 |
People at charity SMU Imagine Better Companies work towards creating a better future through education, empowerment, and community impact by expanding educational opportunities for students, fostering growth in the university's capacity, and making meaningful contributions to society.