Charity
TALENTTRUST LIMITED
About
What does TALENTTRUST LIMITED do?
TalentTrust Limited is a Singapore-based nonprofit organization dedicated to enhancing the effectiveness and efficiency of local charities through mentorship, information, tools, networks, and resources. By strengthening backend operations, they empower social service professionals to better serve their beneficiaries in line with their vision of promoting capacity building within the charitable sector.
Founded
2015
People
james david ribbans, lee may lian miranda, yong hsin yi neil, eu zai qi, richard, suhaimi bin zainul abidin, lei hsien hsien
Causes
No PovertyHealth & WellnessEducationHighlights
- Donations are tax-deductible
- Registered Charity
- Established since 2015
- Published yearly Annual Reports
- Audited Financial Statements
Society Impact
- Enhanced operational capacity for charitable institutions: By strengthening backend operations through advisory services and resource provision, TALENTTRUST LIMITED helps social service professionals better serve their beneficiaries.
- Increased efficiency and effectiveness in serving beneficiaries: As a result of improved operational capacity, charities can more effectively deliver their programs and services to the community, leading to increased impact on those they serve.
- Promotion of best practices within the sector: By providing mentorship and resources, TALENTTRUST LIMITED contributes to the development of a culture that values continuous learning and improvement among charitable institutions in Singapore.
Donation Income
Financials
Donation Income
What are the donations used for?
- Enhanced operational capacity for charitable institutions: By strengthening backend operations through advisory services and resource provision, TALENTTRUST LIMITED helps social service professionals better serve their beneficiaries.
- Increased efficiency and effectiveness in serving beneficiaries: As a result of improved operational capacity, charities can more effectively deliver their programs and services to the community, leading to increased impact on those they serve.
- Promotion of best practices within the sector: By providing mentorship and resources, TALENTTRUST LIMITED contributes to the development of a culture that values continuous learning and improvement among charitable institutions in Singapore.
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$) |
|---|---|---|---|
| Donations in Cash | |||
| Tax-Deductible | 27,781 | 249,650 | 93,470 |
| Non Tax-Deductible | 81,942 | 152 | 1,064 |
| Total Donations in Cash | 109,723 | 249,802 | 94,534 |
| Donations in Kind | |||
| Tax-Deductible | 0 | 0 | 0 |
| Non Tax-Deductible | 0 | 0 | 0 |
| Total Donations in Kind | 0 | 0 | 0 |
| Government Grants | 125,439 | 211,042 | 481,275 |
| Investment Income | 0 | 0 | 0 |
| Programme Fees | 91,870 | 141,187 | 123,518 |
| Others Income | 13,874 | 22,064 | 28 |
| Total Receipts | 340,906 | 624,095 | 699,355 |
| Capital in Nature | 0 | 0 | 0 |
| Expenses | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Fundraising Expenses | |||
| Fundraising Expenses | 0 | 0 | 0 |
| Charitable Activities/Programme Expenses | |||
| Local (Direct & Support) | 0 | 0 | 0 |
| Overseas (Direct & Support) | 0 | 0 | 0 |
| Charitable Activities/Programme Expenses | NaN | NaN | 0 |
| Expenses | |||
| Other Expenses | 489,785 | 565,758 | 450,106 |
| Total Expenditure | 489,785 | 565,758 | 450,106 |
| Balance Sheet | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Assets | |||
| Land and Buildings | 0 | 0 | 0 |
| Other Tangible Assets | 1,609 | 1,007 | 0 |
| Investments | 0 | 0 | 0 |
| Inventories | 0 | 0 | 0 |
| Account Receivables | 0 | 0 | 0 |
| Cash & Deposits | 196,302 | 268,206 | 100,770 |
| Other Assets | 110,180 | 185,776 | 396,310 |
| Total Assets | 308,091 | 454,989 | 497,080 |
| Funds | |||
| Total Unrestricted Funds | 297,931 | 446,810 | 388,473 |
| Total Restricted Funds | 0 | 0 | 0 |
| Endowments Funds | 0 | 0 | 0 |
| Total Funds and Reserves | 297,931 | 446,810 | 388,473 |
| Liabilities | |||
| Total Current Liabilities | 10,160 | 8,179 | 108,607 |
| Total Non-Current Liabilities | 0 | 0 | 0 |
| Total Liabilities | 10,160 | 8,179 | 108,607 |
| Total Funds and Liabilities | 308,091 | 454,989 | 497,080 |
| Other Information | Jan 2022 - Dec 2022(S$) | 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 | 6 | 7 | 8 |
| Total Employee Cost | 407,678 | 473,484 | 380,255 |
| Fudnraisig Efficiency Ratio | 0 | 0 | 0 |
| Total Related Party Transactions | 113,080 | 96,520 | 102,000 |
People
At TalentTrust Limited, individuals work towards enhancing the effectiveness and efficiency of local charities through mentorship, information, tools, networks, and resources. They aim to strengthen backend operations, empowering social service professionals to better serve their beneficiaries in line with their vision of promoting capacity building within the charitable sector.
james david ribbans
lee may lian miranda
yong hsin yi neil
eu zai qi, richard
suhaimi bin zainul abidin
lei hsien hsien
News
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