Charity
Soka Gakkai Singapore
About
What does Soka Gakkai Singapore do?
Soka Gakkai Singapore is a charity organization that promotes understanding and practice of Nichiren Buddhism, with a focus on advancing society's well-being through community programs centered around peace, culture, and education. Their mission includes promoting public understanding and practice of Nichiren Buddhism, as well as fostering societal welfare in the spirit of Buddhist humanism. The organization is actively involved in various initiatives such as organizing lectures on happiness and peace, participating in community events like National Day parades, and supporting blood donation drives. They also work closely with their Arts and Culture Groups to bring joy to the local community through performances and other cultural activities. Soka Gakkai Singapore's efforts are aimed at addressing challenges posed by the Covid-19 pandemic, particularly for families of children with special needs
Founded
1985
People
sek soon heng, lee cheng wee, tay eng kiat, choo chui hoon, goh kim hua, chu meng hui, yong kim san, ong teek chay, chua hai lee, loh seng kwok
Causes
Health & WellnessEducationHighlights
- Donations are tax-deductible
- Registered Charity
- Established since 1985
- Published yearly Annual Reports
- Audited Financial Statements
Society Impact
- Promoting understanding and practice of Nichiren Buddhism, which fosters personal growth and well-being for individuals within the community.
- Encouraging peaceful coexistence through various community programs and initiatives that promote cultural exchange and educational activities.
- Contributing to society's overall well-being by supporting causes such as blood donation drives, which help maintain a healthy community.
- Providing support for families of children with special needs during challenging times like the COVID-19 pandemic.
- Offering spiritual guidance and mentorship to individuals seeking personal growth and fulfillment in their careers or life goals.
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?
- Promoting understanding and practice of Nichiren Buddhism, which fosters personal growth and well-being for individuals within the community.
- Encouraging peaceful coexistence through various community programs and initiatives that promote cultural exchange and educational activities.
- Contributing to society's overall well-being by supporting causes such as blood donation drives, which help maintain a healthy community.
- Providing support for families of children with special needs during challenging times like the COVID-19 pandemic.
- Offering spiritual guidance and mentorship to individuals seeking personal growth and fulfillment in their careers or life goals.
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 | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Donations in Cash | |||
| Tax-Deductible | 0 | 0 | 0 |
| Non Tax-Deductible | 11,144,895 | 13,257,003 | 12,870,545 |
| Total Donations in Cash | 11,144,895 | 13,257,003 | 12,870,545 |
| Donations in Kind | |||
| Tax-Deductible | 0 | 0 | 0 |
| Non Tax-Deductible | 0 | 0 | 0 |
| Total Donations in Kind | 0 | 0 | 0 |
| Government Grants | 120,592 | 315,569 | 80,050 |
| Investment Income | 533,111 | 259,764 | 728,362 |
| Programme Fees | 704,544 | 851,760 | 1,029,668 |
| Others Income | 1,601,276 | 1,437,983 | 2,268,714 |
| Total Receipts | 14,104,418 | 16,122,079 | 16,977,339 |
| Capital in Nature | 0 | 0 | 0 |
| Expenses | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Fundraising Expenses | |||
| Fundraising Expenses | 90,504 | 122,538 | 100,662 |
| Charitable Activities/Programme Expenses | |||
| Local (Direct & Support) | 2,506,705 | 2,328,608 | 2,459,383 |
| Overseas (Direct & Support) | 38,519 | 0 | 17,865 |
| Charitable Activities/Programme Expenses | 2,545,224 | 2,328,608 | 2,477,248 |
| Expenses | |||
| Other Expenses | 7,355,690 | 5,969,902 | 5,799,265 |
| Total Expenditure | 9,991,418 | 8,421,048 | 8,377,175 |
| Balance Sheet | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Assets | |||
| Land and Buildings | 39,268,238 | 34,138,387 | 23,162,939 |
| Other Tangible Assets | 1,126,797 | 677,408 | 9,827,899 |
| Investments | 0 | 0 | 0 |
| Inventories | 359,727 | 400,360 | 512,180 |
| Account Receivables | 200,635 | 283,833 | 176,155 |
| Cash & Deposits | 86,532,006 | 87,280,351 | 81,614,459 |
| Other Assets | 5,031 | 9,347 | 18,980 |
| Total Assets | 127,492,434 | 122,789,686 | 115,312,612 |
| Funds | |||
| Total Unrestricted Funds | 85,980,858 | 81,294,535 | 76,444,910 |
| Total Restricted Funds | 36,981,870 | 37,516,674 | 34,665,268 |
| Endowments Funds | 0 | 0 | 0 |
| Total Funds and Reserves | 122,962,728 | 118,811,209 | 111,110,178 |
| Liabilities | |||
| Total Current Liabilities | 2,121,606 | 1,374,617 | 1,344,354 |
| Total Non-Current Liabilities | 2,408,100 | 2,603,860 | 2,858,080 |
| Total Liabilities | 4,529,706 | 3,978,477 | 4,202,434 |
| Total Funds and Liabilities | 127,492,434 | 122,789,686 | 115,312,612 |
| Other Information | Jan 2022 - Dec 2022(S$) | 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 | 93 | 95 | 94 |
| Total Employee Cost | 4,408,635 | 4,225,225 | 3,961,564 |
| Fudnraisig Efficiency Ratio | 0 | 0 | 0 |
| Total Related Party Transactions | 0 | 0 | 0 |
People
People involved in charity organization Soka Gakkai Singapore promote understanding and practice of Nichiren Buddhism while fostering societal welfare through community programs focused on peace, culture, and education. They organize lectures on happiness and peace, participate in various events like National Day parades, support blood donation drives, collaborate with Arts and Culture Groups for cultural activities, and address challenges posed by the Covid-19 pandemic, particularly for families of children with special needs.
sek soon heng
lee cheng wee
tay eng kiat
choo chui hoon
goh kim hua
chu meng hui
yong kim san
ong teek chay
chua hai lee
loh seng kwok
News
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