Charity
SSP Financial Assistance Fund
About
What does SSP Financial Assistance Fund do?
SSP Financial Assistance Fund provides scholarships, bursaries, and financial aid for outstanding and needy students of Sports School (SSP), covering school fees, living expenses, books, uniforms, transportation, pocket money, etc.
Founded
2012
People
soon choon boon, mark lee kean phi, ong kai fen, lim hwee hua, lim teng hong
Causes
EducationHealth & WellnessHighlights
- Donations are tax-deductible
- Registered Charity
- Established since 2012
- Published yearly Annual Reports
- Audited Financial Statements
Society Impact
- Promoting education for outstanding students by providing scholarships.
- Supporting needy students with financial assistance, including school fees, books, uniforms, transportation, and pocket money.
- Encouraging social interaction between students and support staff, fostering a sense of community within the school environment.
- Empowering students to pursue their academic goals without financial burden, allowing them to focus on learning and personal development.
- Contributing to the overall well-being of society by investing in education, which is crucial for economic growth and social stability.
- Encouraging alumni to serve the nation through careers such as law enforcement or public service, fostering a sense of civic responsibility among graduates.
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?
- Promoting education for outstanding students by providing scholarships.
- Supporting needy students with financial assistance, including school fees, books, uniforms, transportation, and pocket money.
- Encouraging social interaction between students and support staff, fostering a sense of community within the school environment.
- Empowering students to pursue their academic goals without financial burden, allowing them to focus on learning and personal development.
- Contributing to the overall well-being of society by investing in education, which is crucial for economic growth and social stability.
- Encouraging alumni to serve the nation through careers such as law enforcement or public service, fostering a sense of civic responsibility among graduates.
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$) |
|---|---|---|---|
| Donations in Cash | |||
| Tax-Deductible | 0 | 4,303 | 0 |
| Non Tax-Deductible | 0 | 0 | 0 |
| Total Donations in Cash | 0 | 4,303 | 0 |
| Donations in Kind | |||
| Tax-Deductible | 0 | 0 | 0 |
| Non Tax-Deductible | 102 | 0 | 0 |
| Total Donations in Kind | 102 | 0 | 0 |
| Government Grants | 0 | 0 | 0 |
| Investment Income | 0 | 0 | 0 |
| Programme Fees | 0 | 0 | 0 |
| Others Income | 0 | 0 | 0 |
| Total Receipts | 102 | 4,303 | 0 |
| Capital in Nature | 0 | 0 | 0 |
| Expenses | Apr 2022 - Mar 2023(S$) | Apr 2021 - Mar 2022(S$) | Apr 2020 - Mar 2021(S$) |
|---|---|---|---|
| Fundraising Expenses | |||
| Fundraising Expenses | 0 | 0 | 0 |
| Charitable Activities/Programme Expenses | |||
| Local (Direct & Support) | 16,169 | 4,754 | 22,064 |
| Overseas (Direct & Support) | 0 | 0 | 0 |
| Charitable Activities/Programme Expenses | 16,169 | 4,754 | 22,064 |
| Expenses | |||
| Other Expenses | 0 | 0 | 0 |
| Total Expenditure | 16,169 | 4,754 | 22,064 |
| Balance Sheet | Apr 2022 - Mar 2023(S$) | Apr 2021 - Mar 2022(S$) | Apr 2020 - Mar 2021(S$) |
|---|---|---|---|
| Assets | |||
| Land and Buildings | 0 | 0 | 0 |
| Other Tangible Assets | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 |
| Inventories | 0 | 0 | 0 |
| Account Receivables | 0 | 0 | 0 |
| Cash & Deposits | 1,192,150 | 1,208,217 | 1,208,668 |
| Other Assets | 0 | 0 | 0 |
| Total Assets | 1,192,150 | 1,208,217 | 1,208,668 |
| Funds | |||
| Total Unrestricted Funds | 0 | 0 | 0 |
| Total Restricted Funds | 1,192,150 | 1,208,217 | 1,208,668 |
| Endowments Funds | 0 | 0 | 0 |
| Total Funds and Reserves | 1,192,150 | 1,208,217 | 1,208,668 |
| Liabilities | |||
| Total Current Liabilities | 0 | 0 | 0 |
| Total Non-Current Liabilities | 0 | 0 | 0 |
| Total Liabilities | 0 | 0 | 0 |
| Total Funds and Liabilities | 1,192,150 | 1,208,217 | 1,208,668 |
| Other Information | Apr 2022 - Mar 2023(S$) | 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 | 0 | 0 | 0 |
| Total Related Party Transactions | 0 | 0 | 0 |
People
At SSP Financial Assistance Fund, individuals work to provide financial assistance for outstanding and needy students of Sports School (SSP), covering various expenses such as school fees, living costs, books, uniforms, transportation, and pocket money.
soon choon boon
mark lee kean phi
ong kai fen
lim hwee hua
lim teng hong
News
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