Charity
WEE FOUNDATION
Summary FinancialsPeopleNews & ActivitiesSimilar
About
What does WEE FOUNDATION do?
WEE Foundation is a charitable organization dedicated to promoting education, preserving Chinese arts and culture, and providing assistance to those in need.
Founded
2008
People
wee cho yaw, chuang yong eng, wee ee cheong, wee ee lim, wee wei ling, wee ee chao, wee wei chi
Causes
EducationHealth & WellnessChildrenHighlights
- Donations are tax-deductible
- Registered Charity
- Established since 2008
- Published yearly Annual Reports
- Audited Financial Statements
Society Impact
- Promotion of education: By supporting educational initiatives, WEE FOUNDATION can help increase literacy rates and improve access to quality education for disadvantaged communities. This could lead to a more educated population with better job prospects and improved social mobility.
- Preservation and promotion of Chinese arts and culture: Through its support for cultural programs, the foundation helps preserve traditional art forms and promote understanding and appreciation of Chinese heritage. This can foster cross-cultural exchange and enrich global cultural diversity.
- Alleviation of poverty and hardship: By providing assistance to those in need, WEE FOUNDATION contributes to reducing income inequality and improving living conditions for disadvantaged communities. This could lead to improved health outcomes, reduced crime rates, and increased social stability.
Donation Income
Financials
Donation Income
What are the donations used for?
- Promotion of education: By supporting educational initiatives, WEE FOUNDATION can help increase literacy rates and improve access to quality education for disadvantaged communities. This could lead to a more educated population with better job prospects and improved social mobility.
- Preservation and promotion of Chinese arts and culture: Through its support for cultural programs, the foundation helps preserve traditional art forms and promote understanding and appreciation of Chinese heritage. This can foster cross-cultural exchange and enrich global cultural diversity.
- Alleviation of poverty and hardship: By providing assistance to those in need, WEE FOUNDATION contributes to reducing income inequality and improving living conditions for disadvantaged communities. This could lead to improved health outcomes, reduced crime rates, and increased social stability.
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$) |
|---|---|---|---|
| Donations in Cash | |||
| Tax-Deductible | NaN | 0 | 0 |
| Non Tax-Deductible | NaN | 0 | 0 |
| Total Donations in Cash | NaN | 0 | 0 |
| Donations in Kind | |||
| Tax-Deductible | NaN | 0 | 0 |
| Non Tax-Deductible | NaN | 0 | 0 |
| Total Donations in Kind | NaN | 0 | 0 |
| Government Grants | NaN | 0 | 0 |
| Investment Income | NaN | 1,159,967 | 1,335,720 |
| Programme Fees | NaN | 0 | 0 |
| Others Income | NaN | 129,637 | 794,499 |
| Total Receipts | 0 | 1,289,604 | 2,130,219 |
| Capital in Nature | NaN | 0 | 0 |
| Expenses | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Fundraising Expenses | |||
| Fundraising Expenses | NaN | 0 | 0 |
| Charitable Activities/Programme Expenses | |||
| Local (Direct & Support) | NaN | 0 | 0 |
| Overseas (Direct & Support) | NaN | 0 | 0 |
| Charitable Activities/Programme Expenses | NaN | NaN | NaN |
| Expenses | |||
| Other Expenses | NaN | 13,533 | 0 |
| Total Expenditure | NaN | 13,533 | 0 |
| Balance Sheet | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Assets | |||
| Land and Buildings | NaN | 0 | 0 |
| Other Tangible Assets | NaN | 0 | 0 |
| Investments | NaN | 31,518,300 | 26,468,342 |
| Inventories | NaN | 0 | 0 |
| Account Receivables | NaN | 0 | 0 |
| Cash & Deposits | NaN | 56,522,984 | 55,098,371 |
| Other Assets | NaN | 27,447 | 181,509 |
| Total Assets | NaN | 88,068,731 | 81,748,222 |
| Funds | |||
| Total Unrestricted Funds | NaN | 88,063,231 | 81,737,202 |
| Total Restricted Funds | NaN | 0 | 0 |
| Endowments Funds | NaN | 0 | 0 |
| Total Funds and Reserves | NaN | 88,063,231 | 81,737,202 |
| Liabilities | |||
| Total Current Liabilities | NaN | 5,500 | 11,020 |
| Total Non-Current Liabilities | NaN | 0 | 0 |
| Total Liabilities | NaN | 5,500 | 11,020 |
| Total Funds and Liabilities | NaN | 88,068,731 | 81,748,222 |
| Other Information | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Donations, Grants and Sponsorships given to other registred charities | NaN | 0 | 0 |
| No. of Employees | NaN | 0 | 0 |
| Total Employee Cost | NaN | 0 | 0 |
| Fudnraisig Efficiency Ratio | NaN | 0 | 0 |
| Total Related Party Transactions | NaN | 0 | 0 |
N.A: This charity is not required to submit Online Financial Summary for the respective Financial Year.
- : This field is not required for the respective Financial Year
People
At WEE Foundation, individuals work towards promoting education, preserving Chinese arts and culture, and offering aid to those who are in need.
wee cho yaw
DIRECTOR
chuang yong eng
DIRECTOR
wee ee cheong
DIRECTOR
wee ee lim
DIRECTOR
wee wei ling
DIRECTOR
wee ee chao
DIRECTOR
wee wei chi
DIRECTOR
News
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