JurongHealth Fund Financial/Non-financial Information

Page 1

Financial Summary of past three financial periods Receipts

Apr 2014 - Mar 2015

Apr 2015 - Mar 2016

Apr 2016 - Mar 2017

Donations in Cash Tax-Deductible

25,402,383

25,552,216

62,052

0

6,513

2,060

25,402,383

25,558,729

64,112

Tax-Deductible

0

0

0

Non TaxDeductible

0

0

0

Total Donations in Kind

0

0

0

Government Grants

0

0

0

448,180

1,797,776

4,844,606

Programme Fees

0

0

0

Others Income

0

0

0

Total Receipts

25,850,563

27,356,505

4,908,718

0

0

0

Non TaxDeductible Total Donations in Cash Donations in Kind

Investment Income

Capital in Nature

Expenses

Apr 2014 - Mar 2015

Apr 2015 - Mar 2016

Apr 2016 - Mar 2017

Fund-Raising Expenses Fund-Raising Expenses

0

0

0

3,013,649

3,557,793

Charitable Activities/Programme Expenses Local (e.g. Direct &

559,149


Support) Overseas (e.g. Direct & Support) Total Charitable Activities/Programme Expenses Other Expenses Total Expenditure

Balance Sheet

0

0

0

559,149

3,013,649

3,557,793

26,603

31,927

81,940

585,752

3,045,576

3,639,733

Apr 2014 - Mar 2015

Apr 2015 - Mar 2016

Apr 2016 - Mar 2017

Assets Land and Buildings

0

0

0

12,066

24,860

164,749

Investments

0

91,723,905

96,118,750

Inventories

0

0

0

Accounts Receivables

0

0

0

100,550,211

34,285,825

29,501,022

151,053

93,709

300,394

100,713,330

126,128,299

126,084,915

99,977,238

124,190,984

125,573,158

411,053

508,236

395,047

0

0

0

100,388,291

124,699,220

125,968,205

Other Tangible Assets

Cash & Deposits Other Assets Total Assets

Funds Total Unrestricted Funds Total Restricted Funds Endowment Funds Total Funds and Reserves


Liabilities Total Current Liabilities

325,039

1,429,079

116,710

0

0

0

Total Liabilities

325,039

1,429,079

116,710

Total Funds and Liabilities

100,713,330

126,128,299

126,084,915

Total Non-Current Liabilities

Other Information

Apr 2014 - Mar 2015

Apr 2015 - Mar 2016

Apr 2016 - Mar 2017

Donations, Grants and Sponsorships given to other registered charities

0

0

0

No. of Employees

0

0

1

Total Employee Costs

0

0

48,418

Fund Raising Efficiency Ratio

0

0

0

305,439

3,025,039

3,616,911

Total Related Party Transactions


Organisation Information Address: Website: Email Address: Telephone No.: Fax No.: Contact Person: Type of Entity: UEN No.: Charity Status: Date of charity registration: IPC Status: IPC Period: Sector Administrator: Last Profile update:

1 Jurong East Street 21, Singapore 609606 www.juronghealthfund.com.sg gisele_lin@juronghealth.com.sg 67161940 63973050 Gisele Lin Jun Mei Company Limited by Guarantee 201118604G Registered 26/08/2011 Live 01/09/2015 - 31/08/2018 Ministry of Health 15/09/2017

Objectives Please see Clause 3 of the Memorandum of Association mentioned under Programs/Activities.

Vision/Mission JurongHealth Fund aims to promote all medical and health-related services that are exclusively charitable and for the benefit of the Singapore community.

Programs/Activities To provide grants for implementation of programmes and services that fall within the objects of the Company as provided in Clause 3 of the Memorandum of Association, particularly in the following 5 keys areas: 1) To help Needy Patients by supporting patients who are determined to be in need of financial assistance and who require health care services. 2) To improve Community Care by supporting community care and outreach programmes and the enhancement of care integration initiatives. 3) To support Education by funding programmes and additional sponsorships for the furtherance of medical, nursing, paramedical and other health-care related education and training for healthcare workers. 4) To run Pilot Projects by funding projects that test new and improved ways of providing patient care and improving safety of care. 5) To support Research by funding research projects that focus on community


health and bedside clinical research, including the publication of research findings, educational findings, educational journals, reports, magazines, books and other materials.

Board Members S/N Name

Position on Board

1. 2. 3. 4. 5. 6. 7. 8. 9. 10.

DIRECTOR DIRECTOR DIRECTOR DIRECTOR DIRECTOR DIRECTOR DIRECTOR DIRECTOR DIRECTOR DIRECTOR

LIM PIN NG SIOK KEOW LIANG SHIH TYH CHUA SONG KHIM FOO HEE JUG LIM JOO BOON LIM SWEE HIA NG TIAK SOON PHO WAN HENG, ROBERT ARFAT BEEBEE BINTE NOOR MOHAMED ABDUL LATIFF MRS ARFAT SELVAM 11. TEO LAI WAH TIMOTHY

Key Employees/Executive/Volunteers 1.

GISELE LIN JUN MEI

DIRECTOR


Code Compliance for the period Apr 2016 - Mar 2017 S/No. Code Description

Code ID

Compliance Explanation (If the Code guideline is not complied or not applicable)

1

Are there Board members holding staff appointments?

(Skip questions 2 and 3 if “No�)

No

4

There is a maximum term limit of Guideline - Complied four consecutive years for the 1.1.6 Treasurer position (or equivalent, e.g. Finance Committee Chairman).

5

The Board conducts regular self- Guideline - Complied evaluation to assess its 1.1.10 performance and effectiveness.

6

There are Board committees (or Guideline - Complied designated Board members) with 1.2.1 documented terms of reference.

7

The Board meets regularly with a Guideline - Complied quorum of at least one-third or at 1.3.1 least three members, whichever is greater (or as required by the governing instrument).

8

There are documented procedures for Board members and staff to declare actual or potential conflicts of interest to the Board.

9

Board members do not vote or Guideline - Complied participate in decision-making on 2.4 matters where they have a conflict of interest.

10

The Board reviews and approves Guideline - Complied the vision and mission of the 3.1.1 charity. They are documented and communicated to its members and the public.

11

The Board approves and reviews Guideline - Complied a strategic plan for the charity to 3.2.2

Guideline - Complied 2.1

There are no staff in JurongHealth Fund (JHF) that are on the JHF Board. There is no Board Member holding the Treasurer position.


ensure that the activities are in line with its objectives. 12

The Board approves documented human resource policies for staff.

Guideline - Complied 5.1

13

There are systems for regular supervision, appraisal and professional development of staff.

Guideline - Complied 5.6

14

There is a system to address Guideline - Complied grievances and resolve conflicts. 5.11

15

The Board ensures internal control systems for financial matters are in place with documented procedures.

16

The Board ensures reviews on Guideline - Complied the charity’s controls, processes, 6.1.3 key programmes and events.

17

The Board approves an annual Guideline - Complied budget for the charity’s plans and 6.2.1 regularly monitors its expenditure.

18

The charity discloses its reserves Guideline - Complied policy in the annual report. 6.4.1

19

Does the charity invest its reserves?

20

The charity invests its reserves in Guideline - Complied accordance with an investment 6.4.3 policy approved by the Board. It obtains advice from qualified professional advisors, if deemed necessary by the Board.

21

Donations collected are properly Guideline - Complied recorded and promptly deposited 7.2.2 by the charity.

22

The charity makes available to its Guideline - Complied stakeholders an annual report 8.1 that includes information on its programmes, activities, audited financial statements, Board members and executive management.

23

Are Board members

Guideline - Complied 6.1.2

(Skip question 20 if “No”)

(Skip

Yes

No


remunerated for their Board services?

questions 24 and 25 if “No”)

26

Does the charity employ paid staff?

(Skip questions 27 and 28 if “No”)

27

No staff is involved in setting his or her own remuneration.

Guideline - Complied 2.2

28

The charity discloses in its Guideline - Complied annual report the annual 8.3 remuneration of its three highest paid staff who each receives remuneration exceeding $100,000, in bands of $100,000. If none of its top three highest paid staff receives more than $100,000 in annual remuneration each, the charity discloses this fact.

29

The charity accurately portrays Guideline - Complied its image to its members, donors 9.1 and the public.

Yes


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