Charity
THE LOKE CHENG-KIM FOUNDATION
About
What does THE LOKE CHENG-KIM FOUNDATION do?
The Loke Cheng-Kim Foundation is a charitable organization dedicated to enhancing education standards and promoting social wellbeing in Singapore through scholarships for study at prestigious institutions worldwide, including UK, USA, Australia, and Singapore.
Founded
1984
People
er boon hwee kenneth (yu wenhui, kenneth), tan chin seng, cheong yue kuan, anthony terence mcneice, dudley hilary lim, tan wee hin
Causes
EducationHealth & WellnessChildrenHighlights
- Donations are tax-deductible
- Registered Charity
- Established since 1984
- Published yearly Annual Reports
- Audited Financial Statements
Society Impact
- Improved access to education for underprivileged individuals, leading to increased opportunities and social mobility.
- Enhanced human capital in Singapore through the development of skilled professionals who can contribute positively to society.
- Encouragement of international collaboration and exchange of ideas between Singaporean students and their counterparts from other countries.
- Reduction in financial burden on families, allowing them to allocate resources towards other essential needs such as housing or healthcare.
- Increased diversity in educational institutions due to the inclusion of scholarship recipients from different socio-economic backgrounds and ethnicities.
- Promotion of a more equitable society by addressing disparities in access to quality education.
- Contribution to Singapore's economic growth through the development
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?
- Improved access to education for underprivileged individuals, leading to increased opportunities and social mobility.
- Enhanced human capital in Singapore through the development of skilled professionals who can contribute positively to society.
- Encouragement of international collaboration and exchange of ideas between Singaporean students and their counterparts from other countries.
- Reduction in financial burden on families, allowing them to allocate resources towards other essential needs such as housing or healthcare.
- Increased diversity in educational institutions due to the inclusion of scholarship recipients from different socio-economic backgrounds and ethnicities.
- Promotion of a more equitable society by addressing disparities in access to quality education.
- Contribution to Singapore's economic growth through the development
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 | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Donations in Cash | |||
| Tax-Deductible | NaN | NaN | 0 |
| Non Tax-Deductible | NaN | NaN | 0 |
| Total Donations in Cash | NaN | NaN | 0 |
| Donations in Kind | |||
| Tax-Deductible | NaN | NaN | 0 |
| Non Tax-Deductible | NaN | NaN | 0 |
| Total Donations in Kind | NaN | NaN | 0 |
| Government Grants | NaN | NaN | 0 |
| Investment Income | NaN | NaN | 954,807 |
| Programme Fees | NaN | NaN | 0 |
| Others Income | NaN | NaN | 147,650 |
| Total Receipts | 0 | 0 | 1,102,457 |
| Capital in Nature | NaN | NaN | 0 |
| Expenses | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Fundraising Expenses | |||
| Fundraising Expenses | NaN | NaN | 0 |
| Charitable Activities/Programme Expenses | |||
| Local (Direct & Support) | NaN | NaN | 525,502 |
| Overseas (Direct & Support) | NaN | NaN | 0 |
| Charitable Activities/Programme Expenses | NaN | NaN | 525,502 |
| Expenses | |||
| Other Expenses | NaN | NaN | 136,517 |
| Total Expenditure | NaN | NaN | 662,019 |
| Balance Sheet | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Assets | |||
| Land and Buildings | NaN | NaN | 0 |
| Other Tangible Assets | NaN | NaN | 0 |
| Investments | NaN | NaN | 25,990,466 |
| Inventories | NaN | NaN | 0 |
| Account Receivables | NaN | NaN | 0 |
| Cash & Deposits | NaN | NaN | 5,401,753 |
| Other Assets | NaN | NaN | 152,836 |
| Total Assets | NaN | NaN | 31,545,055 |
| Funds | |||
| Total Unrestricted Funds | NaN | NaN | 31,533,555 |
| Total Restricted Funds | NaN | NaN | 0 |
| Endowments Funds | NaN | NaN | 0 |
| Total Funds and Reserves | NaN | NaN | 31,533,555 |
| Liabilities | |||
| Total Current Liabilities | NaN | NaN | 11,500 |
| Total Non-Current Liabilities | NaN | NaN | 0 |
| Total Liabilities | NaN | NaN | 11,500 |
| Total Funds and Liabilities | NaN | NaN | 31,545,055 |
| Other Information | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Donations, Grants and Sponsorships given to other registred charities | NaN | NaN | 0 |
| No. of Employees | NaN | NaN | 0 |
| Total Employee Cost | NaN | NaN | 0 |
| Fudnraisig Efficiency Ratio | NaN | NaN | 0 |
| Total Related Party Transactions | NaN | NaN | 0 |
People
People associated with The Loke Cheng-Kim Foundation work towards enhancing education standards and promoting social wellbeing in Singapore by providing scholarships for study at prestigious institutions worldwide, including those located in the UK, USA, Australia, and Singapore.
er boon hwee kenneth (yu wenhui, kenneth)
tan chin seng
cheong yue kuan
anthony terence mcneice
dudley hilary lim
tan wee hin
News
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