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Charity

​The Straits Times School Pocket Money Fund

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About

​The Straits Times School Pocket Money Fund banner

What does ​The Straits Times School Pocket Money Fund do?

The Straits Times School Pocket Money Fund provides monthly pocket money to children from low-income families, helping them cover school-related expenses such as meals, transportation, or other necessities. Established in 2000 with a charity status granted in 2011, the fund supports over 10,000 children and youth annually, disbursing millions of dollars to help ease the financial burden on struggling families.

Founded

2011

People

karamjit kaur, syed zakir hussain, lewis jennifer theresa, lang tao yih, arthur (lan daoyi, arthur), loke poh kum belinda mrs charles belinda, hoe teck chye david, deanna ong aun nee, chong wei-zhen amanda, lee su shyan jeanette, jaime ho chun-wei

Causes

No PovertyHealth & WellnessChildren

Highlights

  • Donations are tax-deductible
  • Registered Charity
  • Established since 2011
  • Published yearly Annual Reports

Society Impact

  • Providing financial assistance to low-income families, helping them cover school-related expenses and ease their burden in feeding their children.
  • Supporting over 10,000 children and youth annually with monthly pocket money disbursement since its establishment in 2000.
  • Disbursed more than $55 million to help over 150,000 cases of children and youth.
  • Collaborating with various organizations such as the Ministry of Education, mainstream and special needs schools, youth centers, family service centers, and children's homes in disbursing funds.
  • Promoting education equality by providing financial support to those who are unable to afford basic school-related expenses.

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.