Charity
THE IRELAND FUNDS (SINGAPORE)
About
What does THE IRELAND FUNDS (SINGAPORE) do?
Discover how THE IRELAND FUNDS (SINGAPORE) empowers charitable initiatives in Singapore through individual & corporate giving programs, promoting philanthropy and supporting projects that foster community relations, education, arts, culture, and sports.
Founded
2009
People
quek swee han, creaner gerard peter, noorhayati binte mohamed kassim, gareth john mcilroy, lee sze min
Causes
Health & WellnessChildrenEducationHighlights
- Donations are tax-deductible
- Registered Charity
- Established since 2009
- Published yearly Annual Reports
- Audited Financial Statements
Society Impact
- Increased funding for charitable projects: The organization provides a platform for individuals and organizations to donate money towards various charitable causes in Singapore, thereby increasing the overall amount of funds available for these initiatives.
- Promotion of corporate social responsibility (CSR) and philanthropy: By encouraging companies and individuals to give back to their community through CSR programs and individual giving, THE IRELAND FUNDS contributes to a more socially conscious society that values the well-being of others.
- Strengthening community relations: The organization's focus on connecting Singapore and Ireland can foster greater understanding and cooperation between these two nations, potentially leading to stronger diplomatic ties and increased international goodwill.
- Enhancing education, arts, culture, and sports in Singapore
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?
- Increased funding for charitable projects: The organization provides a platform for individuals and organizations to donate money towards various charitable causes in Singapore, thereby increasing the overall amount of funds available for these initiatives.
- Promotion of corporate social responsibility (CSR) and philanthropy: By encouraging companies and individuals to give back to their community through CSR programs and individual giving, THE IRELAND FUNDS contributes to a more socially conscious society that values the well-being of others.
- Strengthening community relations: The organization's focus on connecting Singapore and Ireland can foster greater understanding and cooperation between these two nations, potentially leading to stronger diplomatic ties and increased international goodwill.
- Enhancing education, arts, culture, and sports in Singapore
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$) |
|---|---|---|---|
| Donations in Cash | |||
| Tax-Deductible | 392,577 | 197,466 | 202,048 |
| Non Tax-Deductible | 239,560 | 147,930 | 63,501 |
| Total Donations in Cash | 632,137 | 345,396 | 265,549 |
| Donations in Kind | |||
| Tax-Deductible | 0 | 0 | 0 |
| Non Tax-Deductible | 6,634 | 1,765 | 0 |
| Total Donations in Kind | 6,634 | 1,765 | 0 |
| Government Grants | 237,306 | 265,549 | 245,807 |
| Investment Income | 0 | 0 | 0 |
| Programme Fees | 0 | 0 | 0 |
| Others Income | 1,858 | 3,261 | 3,450 |
| Total Receipts | 877,935 | 615,971 | 514,806 |
| Capital in Nature | 0 | 0 | 0 |
| Expenses | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Fundraising Expenses | |||
| Fundraising Expenses | 127,556 | 28,927 | 4,685 |
| Charitable Activities/Programme Expenses | |||
| Local (Direct & Support) | 238,100 | 320,886 | 33,247 |
| Overseas (Direct & Support) | 0 | 0 | 0 |
| Charitable Activities/Programme Expenses | 238,100 | 320,886 | 33,247 |
| Expenses | |||
| Other Expenses | 95,441 | 79,763 | 83,341 |
| Total Expenditure | 461,097 | 429,576 | 121,273 |
| Balance Sheet | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Assets | |||
| Land and Buildings | 0 | 0 | 0 |
| Other Tangible Assets | 1,130 | 1,960 | 580 |
| Investments | 0 | 0 | 0 |
| Inventories | 0 | 0 | 0 |
| Account Receivables | 7,700 | 69,978 | 26,483 |
| Cash & Deposits | 1,341,024 | 865,935 | 716,699 |
| Other Assets | 53 | 218 | 83 |
| Total Assets | 1,349,907 | 938,091 | 743,845 |
| Funds | |||
| Total Unrestricted Funds | 1,334,019 | 917,181 | 730,786 |
| Total Restricted Funds | 0 | 0 | 0 |
| Endowments Funds | 0 | 0 | 0 |
| Total Funds and Reserves | 1,334,019 | 917,181 | 730,786 |
| Liabilities | |||
| Total Current Liabilities | 15,888 | 20,910 | 13,059 |
| Total Non-Current Liabilities | 0 | 0 | 0 |
| Total Liabilities | 15,888 | 20,910 | 13,059 |
| Total Funds and Liabilities | 1,349,907 | 938,091 | 743,845 |
| Other Information | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Donations, Grants and Sponsorships given to other registred charities | 232,000 | 275,220 | 215,000 |
| No. of Employees | 1 | 1 | 1 |
| Total Employee Cost | 70,135 | 65,135 | 65,135 |
| Fudnraisig Efficiency Ratio | 20 | 9 | 1 |
| Total Related Party Transactions | 184,938 | 131,035 | 165,360 |
People
At THE IRELAND FUNDS (SINGAPORE), individuals and corporations come together to support various charitable initiatives in Singapore through individual & corporate giving programs. They promote philanthropy, supporting projects that foster community relations, education, arts, culture, and sports.
quek swee han
creaner gerard peter
noorhayati binte mohamed kassim
gareth john mcilroy
lee sze min
News
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