Incoming Receipts 2003
(S$'000)
2004
(S$'000)
2005
(S$'000)
2006
(S$'000)
2007
(S$'000)
Growth %
2006 vs 2007
Donations
- Tax Deductible
- Non-Tax Deductible


301
NA

402
NA

-
NA

2300
NA

1200
NA

(48)
NA
Grants/Sponsorships
NA
NA NA NA NA NA
Membership Fees
NA
NA NA NA NA NA
Investment Income
160
155 433 919 1530 66
Investment Gains
NA NA NA NA NA NA
Others
NA NA NA NA NA NA
Total Receipts
461 557 433 3219 2,730 (15)
 
Expenses
2003
(S$'000)
2004
(S$'000)
2005
(S$'000)
2006
(S$'000)
2007
(S$'000)
Growth %
2006 vs 2007
Direct Charitable Expenses
- Local
- Overseas


507
NA


244
NA


70
NA


152
NA


208
NA


37
NA
Operating/
Administration
Expenses
6 3 2 4 3 (25)
Fundraising
NA
NA NA NA NA NA
Publicity
NA NA NA NA NA NA
Capital Expenses
NA NA NA NA NA NA
Others
NA NA NA NA NA NA
Total Expenditure 513 247 72 156 211 35
Excess (Deficit)
(52) 310 361 3,063 2,519 (18)
 
Balance Sheet 2003
(S$'000)
2004
(S$'000)
2005
(S$'000)
2006
(S$'000)
2007
(S$'000)
Growth %
2006 vs 2007
Assets
           
Land and Building
NA
NA NA NA NA NA
Tangible Assets
NA
NA NA NA NA NA
Investments
NA
NA 10,029 10,998 21,970 100
Inventories
NA
NA NA NA NA NA
Accounts Receivable
NA
7 11 25 7 (72)
Cash & Deposits
20,671 20,974 11,200 13,695 4,959 (64)
Others
NA NA NA NA NA NA
Total Assets
20,671 20,981 21,240 24,718 26,936 9
 
Funds
           
General Fund
NA
NA NA NA NA NA
Building Fund
NA
NA NA NA NA NA
Accumulated Fund
5,093 5,002 5,363 6,125 7,444 22
Endowment Fund *
15,576 15,977 15,977 18,277 19,477 7
Fair Value Reserve NA NA -102 313 13 (96)
Total Funds
20,669 20,979 21,238 24,715 26,934 9
 
Liabilities
           
Long-Term Liabilities
NA
NA NA NA NA NA
Current Liabilities
2 2 2 3 2 (33)
Total Liabilities
2 2 2 3 2 (33)
Total Liabilities and Funds
20,671 20,981 21,240 24,718 26,936 9
 
Other Information 2003
2004 2005 2006 2007
Donations/Grants & Sponsorship
given to other Charities (S$'000)
507 244 70
152
208
No. of Employees NA
NA NA
NA
NA
Total Employee Costs (S$'000) NA
NA NA
NA
NA
* Endowment Fund comprises:
       
Donations from          
- Singapore Hokkien Huay Kuan 15,300 15,700 15,700
16,500
16,700
- Public 276 277 277
1,777
2,777
Total (S$'000) 15,576 15,977 15,977
18,277
19,477
The Institute of Public Character (IPC) status accorded to The Hokkien Foundation which expired on 19 March 2005 has been approved by IRAS for a further five years with effect from 1 June 2006 to 31 May 2011 or when a total sum of $20 million is collected for the Endowment Fund, whichever is the earlier.
   
 
          Copyright © 2008. Singapore Hokkien Foundation