JurongHealth Fund Financial/Non-financial Information

Page 1

Financial Summary of past three financial periods Receipts

Apr 2015 – Mar 2016

Apr 2016 – Mar 2017

Apr 2017 – Mar 2018

Donations in Cash Tax-Deductible

25,552,216

62,052

26,285

6,513

2,060

592

25,558,729

64,112

26,877

Tax-Deductible

0

0

0

Non TaxDeductible

0

0

0

Total Donations in Kind

0

0

0

Government Grants

0

0

0

1,797,776

4,844,606

4,429,957

Programme Fees

0

0

0

Others Income

0

0

0

Total Receipts

27,356,505

4,908,718

4,456,834

0

0

0

Non TaxDeductible Total Donations in Cash Donations in Kind

Investment Income

Capital in Nature

Expenses

Apr 2015 – Mar 2016

Apr 2016 – Mar 2017

Apr 2017 – Mar 2018

Fund-Raising Expenses Fund-Raising Expenses

0

0

0

3,557,793

5,303,006

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

3,013,649


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

Balance Sheet

0

0

0

3,013,649

3,557,793

5,303,006

31,927

81,940

233,485

3,045,576

3,639,733

5,536,491

Apr 2015 – Mar 2016

Apr 2016 – Mar 2017

Apr 2017 – Mar 2018

Assets Land and Buildings

0

0

0

24,860

164,749

108,604

91,723,905

96,118,750

105,281,615

Inventories

0

0

0

Accounts Receivables

0

0

0

34,285,825

29,501,022

19,413,008

93,709

300,394

128,398

126,128,299

126,084,915

124,931,625

124,190,984

125,573,158

124,475,983

508,236

395,047

412,565

0

0

0

124,699,220

125,968,205

124,888,548

Other Tangible Assets Investments

Cash & Deposits Other Assets Total Assets

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


Liabilities Total Current Liabilities

1,429,079

116,710

43,077

0

0

0

Total Liabilities

1,429,079

116,710

43,077

Total Funds and Liabilities

126,128,299

126,084,915

124,931,625

Apr 2015 – Mar 2016

Apr 2016 – Mar 2017

Apr 2017 – Mar 2018

Total Non-Current Liabilities

Other Information Donations, Grants and Sponsorships given to other registered charities

0

0

0

No. of Employees

0

1

1

Total Employee Costs

0

48,418

124,717

Fund Raising Efficiency Ratio

0

0

0

3,025,039

3,616,911

5,464,566

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@nuhs.edu.sg 67161940 63973050 Gisele Lin Jun Mei Company Limited by Guarantee 201118604G Registered 26/08/2011 Live 01/09/2018 - 31/08/2021 Ministry of Health 06/07/2018

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 2017 – Mar 2018 S/No. Code Description

Code ID

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

1

Are there Board members holding (Skip staff appointments? questions 2 and 3 if “No”)

No

4

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

Guideline - Complied 1.1.6

5

There are Board committees (or designated Board members) with documented terms of reference.

Guideline - Complied 1.2.1

6

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).

7

There are documented Guideline - Complied procedures for Board members 2.1 and staff to declare actual or potential conflicts of interest to the Board.

8

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

9

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.

10

The Board approves and reviews a strategic plan for the charity to ensure that the activities are in line with its objectives.

11

The Board approves documented Guideline - Complied human resource policies for staff. 5.1

Guideline - Complied 3.2.2

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


12

There are systems for regular Guideline - Complied supervision, appraisal and 5.6 professional development of staff.

13

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

14

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

15

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

16

The charity discloses its reserves policy in the annual report.

Guideline - Complied 6.4.1

17

Does the charity invest its reserves?

(Skip question 20 if “No”)

18

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

Guideline - Complied 6.4.3

19

Donations collected are properly recorded and promptly deposited by the charity.

Guideline - Complied 7.2.2

20

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

21

Are Board members remunerated (Skip for their Board services? questions 24 and 25 if “No”)

No

24

Does the charity employ paid staff?

(Skip questions 27 and 28 if “No”)

Yes

25

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

Guideline - Complied 2.2

Guideline - Complied 6.1.2

Yes


26

The charity discloses in its annual Guideline - Complied report the annual remuneration of 8.3 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.

27

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


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