Charity
SNEC HEALTH RESEARCH ENDOWMENT FUND
About
What does SNEC HEALTH RESEARCH ENDOWMENT FUND do?
Supporting Visionary Healthcare through Donations & Philanthropy.
Founded
2002
People
fong kok yong, wong loong kin, reto albert isenring, koh tien gui, annie mak, aung tin, ngan wan sing winston
Causes
Health & WellnessEducationNo PovertyHighlights
- Donations are tax-deductible
- Registered Charity
- Established since 2002
- Published yearly Annual Reports
- Audited Financial Statements
Society Impact
- Improved health outcomes for Singaporeans, particularly those related to visual health and sight preservation.
- Advancements in ophthalmology and the visual sciences through funded research programs.
- Increased accessibility to clinical, epidemiological, and translational research opportunities for local scientists and researchers.
- Contributions to the overall medical knowledge base by supporting new scientific discoveries in ophthalmology and related fields.
- Enhanced quality of life for individuals with visual impairments or blindness through sight-preservation treatments and interventions.
Donation Income
Fundraising Efficiency
This indicates the cost to raise a single dollar. A lower cost suggests the charity is more efficient in its fundraising efforts.
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 health outcomes for Singaporeans, particularly those related to visual health and sight preservation.
- Advancements in ophthalmology and the visual sciences through funded research programs.
- Increased accessibility to clinical, epidemiological, and translational research opportunities for local scientists and researchers.
- Contributions to the overall medical knowledge base by supporting new scientific discoveries in ophthalmology and related fields.
- Enhanced quality of life for individuals with visual impairments or blindness through sight-preservation treatments and interventions.
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.
Fundraising Efficiency
This indicates the cost to raise a single dollar. A lower cost suggests the charity is more efficient in its fundraising efforts.
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$) |
|---|---|---|---|
| Donations in Cash | |||
| Tax-Deductible | 1,452,583 | 921,355 | 576,702 |
| Non Tax-Deductible | 326,121 | 491,178 | 137,070 |
| Total Donations in Cash | 1,778,704 | 1,412,533 | 713,772 |
| Donations in Kind | |||
| Tax-Deductible | 0 | 0 | 0 |
| Non Tax-Deductible | 0 | 0 | 0 |
| Total Donations in Kind | 0 | 0 | 0 |
| Government Grants | 350,000 | 250,000 | 538,900 |
| Investment Income | 0 | 0 | 0 |
| Programme Fees | 0 | 0 | 0 |
| Others Income | 52,081 | 22,999 | 19,489 |
| Total Receipts | 2,180,785 | 1,685,532 | 1,272,161 |
| Capital in Nature | 0 | 0 | 0 |
| Expenses | Apr 2022 - Mar 2023(S$) | Apr 2021 - Mar 2022(S$) | Apr 2020 - Mar 2021(S$) |
|---|---|---|---|
| Fundraising Expenses | |||
| Fundraising Expenses | 203,948 | 31,262 | 27,170 |
| Charitable Activities/Programme Expenses | |||
| Local (Direct & Support) | 2,526,960 | 1,214,914 | 2,782,923 |
| Overseas (Direct & Support) | 0 | 0 | 0 |
| Charitable Activities/Programme Expenses | 2,526,960 | 1,214,914 | 2,782,923 |
| Expenses | |||
| Other Expenses | 4,879 | 10,097 | 5,360 |
| Total Expenditure | 2,735,787 | 1,256,273 | 2,815,453 |
| Balance Sheet | Apr 2022 - Mar 2023(S$) | Apr 2021 - Mar 2022(S$) | Apr 2020 - Mar 2021(S$) |
|---|---|---|---|
| Assets | |||
| Land and Buildings | 0 | 0 | 0 |
| Other Tangible Assets | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 |
| Inventories | 0 | 0 | 0 |
| Account Receivables | 32,307 | 588,967 | 550,280 |
| Cash & Deposits | 3,344,043 | 3,123,070 | 2,733,531 |
| Other Assets | 2,757 | 316 | 102 |
| Total Assets | 3,379,107 | 3,712,353 | 3,283,913 |
| Funds | |||
| Total Unrestricted Funds | 724,717 | 705,572 | 857,073 |
| Total Restricted Funds | 1,596,545 | 2,170,692 | 1,589,932 |
| Endowments Funds | 831,208 | 831,208 | 831,208 |
| Total Funds and Reserves | 3,152,470 | 3,707,472 | 3,278,213 |
| Liabilities | |||
| Total Current Liabilities | 226,637 | 4,881 | 5,700 |
| Total Non-Current Liabilities | 0 | 0 | 0 |
| Total Liabilities | 226,637 | 4,881 | 5,700 |
| Total Funds and Liabilities | 3,379,107 | 3,712,353 | 3,283,913 |
| Other Information | Apr 2022 - Mar 2023(S$) | 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 | 0 | 0 | 0 |
| Total Employee Cost | 0 | 0 | 0 |
| Fudnraisig Efficiency Ratio | 12 | 2 | 2 |
| Total Related Party Transactions | 100,960 | 1,558,676 | 2,810,093 |
People
At SNEC HEALTH RESEARCH ENDOWMENT FUND, individuals contribute to advancing healthcare by providing donations and philanthropic support. Their efforts are focused on promoting visionary healthcare initiatives that aim to improve the quality of life for many.
fong kok yong
wong loong kin
reto albert isenring
koh tien gui
annie mak
aung tin
ngan wan sing winston
News
Similar Charities
