2009 YMCA Annual Report by YMCA of Singapore

YMCA Annual Report 2009

Touching Lives, Lifting Spirits ANNUAL REPORT 2009

YMCA Annual Report 2009

Committees

Touching Lives, Lifting Spirits “Command them to do good, to be rich in good deeds, and to be generous and willing to share.” 1 Timothy 6:18

God is the center of YMCA’s ministry in serving the community. In every aspect of our work, we aim to spread the wonderful love of God for all mankind through deeds of touching lives and lifting spirits.

We would like to express our deepest appreciation to all the following Chairmen, Vice-Chairmen, Committee members and Secretariats for their efforts and contributions.

Audit Committee

God has provided greatly for the YMCA and we strive to be good and faithful stewards of the resources that He has blessed us with. Being His vessel, we have put our faithfulness into action by organising programmes to bring cheer to the less privileged locally and overseas, providing financial assistance to the poor and rallying resources for other voluntary welfare organisations in need.

Mr David Wong Mr Peter Tay Mr Tan Eng Beng Mr Eric Chan Mr Ernest Chen Mr Lawrence Tang Ms Jacqueline Han

As we journey in faith, may the Lord lead and grant us His direction, wisdom and favour as we continue to do good and be rich in good deeds in the years ahead.

Nominations Committee

Vision & Mission Mission Statement

YMCA of Singapore is a Christian organisation, affiliated worldwide, which seeks to serve and enrich all members of the community, regardless of race, language or religion, through wholesome programmes to develop Body, Mind and Spirit, which are based on Christian principles.

Paris Basis

The Young Men’s Christian Associations seek to unite those young men who, regarding Jesus Christ as their God and Saviour, according to the Holy Scriptures, desire to be His disciples in their faith and in their life, and to associate their efforts for the extension of His Kingdom amongst young men. * The Paris Basis, which is the founding basis of the YMCA, was adopted at the First World Conference in Paris in 1855 and reaffirmed by the 6th World Council of YMCAs in 1973.

Contents

Chairman

Resource Person Secretariat

Mr Lee Liat Cheng Mr Cecil Wong Mr David Lua Mr David Wong Dr Robert Loh Mr Eric Teng Mr Albert Ching

Christian Development Mr Dennis Lee Mr David Leong Mr Edward Ong Mr Lawrence Ko Mr Martin Tan Pastor Tan Chee Kiang Rev David Burke Rev Melvin Huang Mr Loke Keng Choong

Mr Tay Puan Siong Dr Christine Chen Dr Ben Leong Ms Magdalene Sik Mr Andrew Chew Mr Kenneth Tan Mr Teo Eng Cheong Dr Tan Bee Wan Ms Lynette Yeo

Chairman

Secretariat

Mr Peter Sim Chairman Mr Lee Liat Cheng Deputy Chairman Dr Ivor Thevathasan Mr Choe Peng Sum Mr Derek Kuek Ms Tan Tjioe Jan Ms Packiam Williams Mr Martin Chan Mr Tan Eng Beng Mr Gerald Lim Secretariat

20 Developing Youth

35 Statement by Board of Directors

President’s Message

23 Enriching Our Members

35 Auditors’ Report

YMCA Project Bridge

Board of Directors

27 Our Social Enterprises

36 Balance Sheet

Management Team

37 Statement of Financial Activities

Serving the Community

31 International Relations & Fundraising Events

16 Rallying Resources for Voluntary Welfare Organisations

33 Corporate Governance

39 Cash Flow Statement 40 Notes to Financial Statements

Secretariat

Chairman Vice Chairman

Secretariat

Chairman

Secretariat

YMCA Financial Assistance & Capability for Employment Scheme Mr Steven Chia Mr Chew Kwee San

Cover Photo: A YMCA volunteer (left) and beneficiary posing for a photo, just before attempting the High Ropes Elements during the Y Camp Challenge at Shines Outdoor in June 2009.

Chairman

Fundraising / YMCA-Lim Kim San Volunteers Programme Fund Dr Robert Loh All Board Directors Ms Sivian Look

YMCA-NUS Business School Volunteer Service Management Programme Mr Tay Puan Siong Prof Albert Teo Mr Peter Tay Mr Henry Kwok Mr Dennis Lin Ms Wang Yen Peng

Investment Committee Mr Ed Ng Mr Chew Kwee San Mr David Lua Mr David Wong Mr Stephen Loh Ms Sharon Teo

Mr Ed Ng Mr Chew Kwee San Mr Tay Puan Siong Mr Eric Chan

10th YMCA Charity Golf

YMCA International House

Mr David Wong Mr Stephen Loh Mr Dennis Lee Mr Edward Ong Mr Peace Wong Ms Packiam Williams Mr Isaac Lim

Ms Margaret Cham Ser Yin Ms Loo Tze Lui Ms Tan Sze Wee Mr Bryan Tan Mr Quek Kwang Yong Dr Yu Tawen Ms Tan Shin Hui Ms April Chin Resource Person Ms Ginny Tay Secretariat

Tender Committee

YMCA Education

1 Committees

32 Donors & Sponsors

Chairman

Hon. Chaplain Hon. Chaplain Secretariat

Mr Chew Kwee San Mr Tay Puan Siong Mr Eric Chan Mr Steven Chia Mr Christopher Lock Mr Samuel Chan Mr Teo Zi Ming Mr Ng How Yue Mr Darrell Kon Dr Tan Sze Wee Mr Albert Ching

38 Statement of Changes in General and Specific Funds

Chairman

Secretariat

Programmes & Community Services

Financial Statements

Chairman

Dr Thomas Choong Mr Jimmy Goh Mr Lim Hang Kiat Mr Robin Lim Mr Zach Wang Zi Zi Mr Peter Sim Mr Stephen Loh Mr Tay Puan Siong Mr Peter Tay Ms Jacqueline Tan

YMCA Flag Day 2009 Mr Jimmy Chew Mr Lawrence Teo Mr Isaiah Lee Mr Lin Yihan Mr Lee Hsien Kwang Mr Mark Hsu

3rd YMCA Mandarin Speaking Awards Mr Kenneth Tan Mr Wong Seow Huar Dr Peng Zhihong Ms Lim Geok Leng Mr Ma Poh How Mr Ernest Chen Mr Kwek Chin Ling Ms Sivian Look / Ms Jean Chai

Chairman

Secretariat

Chairman

Secretariat

Chairman

Secretariat

Chairman

Secretariat

Chairman

Secretariat

23rd YMCA Plain English Speaking Awards

Mr Teo Eng Cheong Chairman Mr Ang Pow Chew Ms Meenakshi Palaniappan Ms Jeanie Tan Li Yan Mr Ernest Chen Ms Lim Geok Leng Ms Patricia Lim Ms Sivian Look / Secretariat Ms Jean Chai

2009 Citibank-YMCA Youth For Causes Dr Tan Sze Wee Mr Chew Kwee San Mr Steven Chia Mr Tay Puan Siong Mr Adam Abdur Rahman

Chairman

Dr Benjamin Tan Thong Kwan Mr Eugene Wong Mr Samuel Chan Ms Wang Yen Peng Secretariat

2009 Citibank-YMCA Youth For Causes (Selection & Awards Committee) Mr Steven Chia Mr Andrew Chew Mr John Denhof Mr Ng How Yue Mr Laurence Lien Ms Nancy Frohman Mr Ong Kian Min Ms Lee Siew Hoon Mr Lee Lung Nien Ms Wang Yen Peng

Chairman

Secretariat

Ms Alison Tickner Mr Alvin Phua Ms Amy Lee Siew Hua Ms Caren Lee Ms Carole Ng Ms Carolyn Chan Mr Chee Heng Loon Mr Chew Kwee San Mr Christopher Lock Ms Clarissa Chng Mr David Lua Mr Dennis Lee Mr Edward Ong Mr Ernest Chen Ms Goh Ji Pinn Mrs Helen Tan Ms Jane Koo Mr John Denhof Mr Joni Herison Mr Joseph Foggiato Mr Kevin Wang Mr Laurence Lien Mr Leslie Wong Ms Lim Ee Jin Ms Nancy Frohman Ms Ng Hau Yee Mr Ng How Yue Ms Nonnita Hargreave Mr Ong Kian Min Mr Ong Yu-Phing Mr Pierre Habib Mr Quek Kwang Yong Mr Samuel Chan Mr Steven Chia Dr Tan Sze Wee Mr Tan Yinglan Ms Tania Gin Ms Teh Hooi Ling Mr Teng Chai Hai Mr Terence Ho Mrs Ulrike Denhof Ms Yap Mei Foon

Mr Desmond Lim Mr Huang Jun Ming Ms Eunice Chew Mr Hor Guoyong Ms Hui Yen Li Eunice Ms Jasmine Lim Mr Lai Sze Chuan Ms Hoon Lijing Ms Quek Ser Hwee Mr Samuel Seow Ms Tan Qiwei Cheryl Ms Wang Tiying Ms Wee Su Ern Ms Yong Xing Tong Ms Yoow Min Kyeong Mr Zhang Yuxi

Hi- Y

Chan Ze Ming Le Thanh Mabel Ong Doan Huy Dung Ian Ting Zeng Yanzhi Canida Lee Marvin Loh Cheong Li Anne Charlene Hwang Natalie Ng Darius Pan Ngeng Shu Yi

President Vice President

President President

Y’s Men’s Club International Alpha Chapter

Chairman

Secretariat

National Council of YMCAs of Singapore

President Vice President

Hon. Treasurer Hon. National General Secretary

University-YMCA @ SMU Mr Lin Yihan Ms Elyna Vijay

Ms Cheong May Anne President Mr Andrew Leo Vice President Mr Gerard Yip Vice President Ms Guan Weili Valerie Mr Huang Jianwei Mr Leong Chee Hong Ms Rachel Lin Ms Serena Ong Pei Shan Mr Shawn Ng

University-YMCA @ NTU

YMCA Day @ the Opera

Dr Robert Loh Mr Stephen Loh Mr Eric Teng Mr David Lua Mr Eric Chan Mr Ernest Chen Mr Albert Ching

Vice President

University-YMCA @ NUS

2009 Citibank-YMCA Youth For Causes (Selection & Awards Panel)

Mrs Jeanette Sim Mr Peter Sim Mr Peter Tay Ms Teo Li Lin Mr Dexter Tai / Mr Mark Hsu

Mr Chia Yan Da Mr Au Yeong Yuen Ms Diana Mok Mr Eric Lim Mr Issac Chua Ms Lim Hui Ying Mr Lionel Mo Mr Oliver Chan Mr Oliver Loke Mr Roy Chang Mr Sim Kok Boon Ms Tan Chay ling Ms Tan Zhen Ling Ms Valerie Ong

President Vice President

Ms Patricia Lim Rev Dr PJ John Ms Claire Yeo Mr David Lua Ms Doris Moh Mr Edward Ong Mr Eric Teng Mr John Yap Ms Julie Lau Mr Lee Liat Cheng Mr Ma Poh How Ms Packiam Wiliams Ms Susan Low Mr Albert Ching

President Vice President

YMCA Toastmasters’ Club Mr Rizal Prasetyo Mr Al Argo Mr Girish Pandit Ms Iris Tang Ms Jessie Cheng Mr Ram Jayaram Mr Simon Reyes Mr Victor Chou Mr Zujar Daruwala

*As stipulated in the YMCA Constitution, President and the General Secretary of YMCA of Singapore are ex-officios in all YMCA Committees.

President

YMCA Annual Report 2009

President’s Message “Through our 17 structured and sustained YMCA-Tan Chin Tuan Community Service Programmes, we mobilised 1,915 volunteers to reach out to 1,970 beneficiaries from 22 partnering voluntary welfare organisations.”

Rallying Resources for Voluntary Welfare Organisations YMCA goes beyond raising funds for its own programmes. Through the 2009 Citibank-YMCA Youth For Causes, 400 youth raised $672,000 for 53 selected voluntary welfare organisations. Since its inception in 2002, the programme has raised $3.2 million in total for 319 voluntary welfare organisations and mobilised 70,400 volunteers. We continue to provide trainings to develop the skills of volunteers and staff of other voluntary welfare organisations. 53 participants from 22 different voluntary welfare organisations were enrolled into the annual YMCA-NUS Business School Volunteer Service Management Programme in 2009. We also facilitated opportunities for sustainable community partnerships between corporations and voluntary welfare organisations to be formed. In 2009, Credit Suisse, Bridgestone and Temasek Holdings partnered with us for various YMCATan Chin Tuan Community Service Programmes. PricewaterhouseCoopers and other corporations joined us for the YMCA International Service Programmes.

Developing Youth Dear Members and Friends, 2009 was a challenging year with the lingering effects of the global economic crisis and the proliferation of the H1N1 virus around the world. Yet we thank God for His divine grace that we were able to continue touching lives and lifting spirits in the community by sustaining and expanding our programmes over the year. Please allow me to share with you on the highlights for 2009:

Financial Performance Despite the challenging economic and competitive environment, we thank God that we have achieved a surplus of $1,759,916 (2008: 1,929,686) from our social enterprises against a total revenue of $13,892,421 (2008: 13,868,736). The contributions were $1,018,368 from YMCA Education Services, $535,249 from YMCA International House and $814,154 from donations and fund raising events, namely YMCA Charity Golf, YMCA Flag Day and Dazzling into 2009.

Serving the Community Through our 17 structured and sustained YMCA-Tan Chin Tuan Community Service Programmes, we mobilised 1,915 volunteers to reach out to 1,970 beneficiaries from 22 partnering voluntary welfare organisations. On 17 August, we organised YMCA Day @ the Opera, a new intergenerational programme to promote bonding between elderly and youth. Befriended by 320

YMCA youth volunteers, 700 needy elderly enjoyed a Cantonese Opera performance by the renowned Fung Ngai Cantonese Opera Troupe from Hong Kong. Due to overwhelming response, we increased the frequency of the Y Camp Challenge from two to four. In 2009, a total of 394 volunteers and 264 intellectually and mentally challenged beneficiaries from seven partnering voluntary welfare organisations participated in the camps. In 2010, we will explore more programmes, including four YMCA Opera Treats and four YMCA Proms @ the Park. We also continue to touch the lives of the less privileged beyond our shores through the YMCA International Service Programmes. Volunteer participation rose by 31% in 2009 with 697 volunteers went on 36 trips to Cambodia, China, Thailand and Vietnam. Volunteers conducted structured English curriculum and taught computer skills to the underpriviledged youth. They were also involved in building roads, basketball courts as well as refurbishing classrooms and libraries. Since its launch in May 2008, the YMCA Financial Assistance cum Capability For Employment Scheme (FACES) served 247 families through counselling and disbursed $68,300 to 81 needy families. Through YMCA Project Bridge, we reached out to many out-of-school youth and youth-at-risk in the northern and western sectors of Singapore. Our volunteers contributed over 500 hours in serving and counselling the youth. We also organised 27 activities including educational visits and life-skill workshops for over 200 youth.

Uni-Y @ NTU was formed in 2009. Along with the existing Uni-Y clubs in SMU and NUS, YMCA now has a strong presence in the three universities with 300 active members. Our Uni-Y members continue to be actively involved in YMCA’s local and overseas community service programmes. Our Hi-Y club was formed in 2009 by students from Junior Colleges and Polytechnics. It has a current membership of 27 youth. Hi-Y members are involved in Citibank-YMCA Youth for Causes and self-initiated projects, including an onlineportal marketing products for partnering voluntary welfare organisations. Despite the H1N1 scare, 89 participants took part in the 3rd YMCA Mandarin Speaking Awards from 24 March to 8 April, while 210 participants took part in the 23rd YMCA Plain English Speaking Awards from 21 June to 25 August 2009. From 29 July to 3 August, we hosted over 100 foreign delegates from 13 countries for the 2nd Asia and Pacific University YMCAs conference which promoted youth leadership and social entrepreneurship. Members of our local Uni-Ys were involved in the organising committee that was chaired by Ms Cheong May Anne, President of Uni-Y @ NUS.

Enriching Our Members Our membership increased substantially from 3,232 in 2008 to 4,077 in 2009 through greater participation in our programmes and enrollment in the various Education Services provided by YMCA. We organised a host of lifestyle programmes from dancing to trekking for over 1,800 participants and launched a monthly YMCA Golf Fellowship to provide members with the opportunity to fellowship over golf games. A few talks for members were also organised through the YMCA Toastmasters Club and Y’s Men’s Club.

Our Social Enterprises YMCA’s partnership with the Australian Maritime College and University of Strathclyde has grown from strength to strength. On 17 November 2009, the University of Strathclyde’s 20th year in Singapore jointly celebrated with the graduation of the first batch of 22 Strathclyde MBA students from YMCA. Our YMCA International House recorded an occupancy rate of 80% with a good average room rate. YMCA International House underwent upgrading in April to enhance the Y Terrace, rooftop swimming pool and employ the latest in LED technology to light up the building. As social enterprises of the YMCA, surpluses generated are channelled towards the YMCA’s community service programmes.

Word of Welcome I would like to extend a warm welcome to our new Directors, Dr Tan Sze Wee and Mr Peter Tay and our co-opted Directors, Mr Tan Eng Beng, Mr Kenneth Tan and Mr Teo Eng Cheong. I look forward to working closely with them in the ministry of the YMCA in the year ahead.

Word of Thanks On behalf of the Association, I would like to thank our Patron-in-Chief, President S R Nathan for his continued support as well as our donors, sponsors, members, partners, volunteers, Board of Directors, management and staff for your dedication and faithfulness. I would like to also record a special word of thanks to Mr Eric Chan (33 years of service) and Mr Laurence Wee (23 years of service), who offered not to seek re-election in 2009, in the interests of Board renewal. For 2010, in the interest of leadership renewal, Board Directors, Mr Lee Liat Cheng (32 years of service), Mr Tay Puan Siong (24 years of service), Dr Ivor G Thevathasan (23 years of service) and Mr David Wong (21 years of service) have decided not to offer themselves for re-election. Mr David Lua (23 years of service) has decided to take an early retirement from the Board. We are deeply indebted to them for the sterling service they have rendered to the YMCA. We wish them all the best in their future endeavours and pray that God will continue to use them mightily in His service. As we venture into 2010, let us continue to seek the Lord’s wisdom and blessings in reaching out to the community.

In His Service MR STEPHEN LOH President

YMCA Annual Report 2009

Board of Directors Patron-in-Chief H.E. S R Nathan

President of the Republic of Singapore

Office Bearers Mr Stephen Loh Sur Yong

Mr Albert Ching Liang Heng

Mr Ed Ng Ee Peng

Mr Chew Kwee San

President (Since 2009)

PP, PBM Vice President

Honorary Treasurer

Mr Steven Chia Oon Seet

President

Mr Ed Ng Ee Peng Mr Chew Kwee San

Mr Stephen Loh Sur Yong

Vice President Honorary Treasurer General Secretary

Executive Committee Mr Stephen Loh Sur Yong

President

Mr Ed Ng Ee Peng Mr Chew Kwee San Mr Albert Ching Liang Heng

Vice President Honorary Treasurer General Secretary

Mr Steven Chia

Dr Robert Loh Choo Kiat

Mr Eric Teng Heng Chew

Mr David Lua Soo Theng

Mr David Wong Cheong Fook

Mr Lee Liat Cheng

Mr Ernest Chen Hai Siang

PJG, BBM, BBM (L), PBM, JP President (1970-1992) President Emeritus (Since 1992)

PBM President (2005-2009)

PBM President (2003-2005)

BBM, PPA, PBM President (1999-2003)

BBM, PBM President (1992-1999)

BBM, PBM

Mr Dennis Lee Poh Wah

Mr Peter Sim Swee Yam

Mr Tay Puan Siong

Dr Ivor G Thevathasan

Dr Tan Sze Wee

Mr Peter Tay Yew Beng

BBM

Mr Tan Eng Beng

Mr Teo Eng Cheong

Reverend David Burke

Reverend Melvin Huang

Mr Albert Ching Liang Heng

(co-opted Director)

Honorary Chaplain

General Secretary

Mr Eric Teng Heng Chew Mr Peter Sim Mr Tay Puan Siong

Board Trustees Dr Robert Loh Choo Kiat Mr Lee Liat Cheng Mr Cecil V R Wong Mr Sim Miah Kian

Mr Kenneth Tan Chih-Sien (co-opted Director)

Honorary Life Members Minister Mentor Lee Kuan Yew Mr Harold Shaw Mr Shaw Vee Meng Mr Sim Miah Kian

Honorary Chaplains Rev David Burke

(Pastor-in-charge, Orchard Road Presbyterian Church)

Rev Melvin Huang

(Senior Pastor, Wesley Methodist Church)

Honorary Legal Counsel Mr Peter Sim Swee Yam

Singapore National Day Awards are a means of recognising various forms of merit and service to the nation.

Mr Laurence John Wee

PJG – Pingat Jasa Gemilang (The Meritorious Service Award) BBM – Bintang Bakti Masyarakat (The Public Service Star) PPA – Pingat Petadbiran Awam (The Public Administration Medal)

PP – Pingat Penghargaan – Tentera (The Commendation Medal – Military) PBM – Pingat Bakti Masyarakat (The Public Service Medal) JP – Justice of the Peace

YMCA Annual Report 2009

Management Team

General Secretary

Corporate Services Division

Programmes Division

Education Services Division

International House Division

1. Mr Albert Ching

2. Mr Loke Keng Choong

7. Mr Andrew Leo

12. Ms Lynette Yeo

16. Mr Gerald Lim

3. Ms Sivian Look

8. Mr Mark Hsu

13. Ms Helen Tan

17. Ms Elsie Kwow

4. Ms Claris Oon

9. Ms Jacqueline Tan

14. Mr Vincent Chan

18. Mr Philip Yeo

5. Mr Dexter Tai

10. Ms Wang Yen Peng

15. Ms Tan Tjioe Jan

6. Ms Mariani Tjhin

11. Mr Isaac Lim

Manager Christian Development Manager Corporate Affairs

10 11 13 12

14 15

18 17

Manager Human Resources & Admin Manager General Secretaryâ&#x20AC;&#x2122;s Office Asst Manager Finance

Senior Manager International Programmes Manager Community Service Programmes Manager Lifestyle Programmes

Manager Volunteers Programme Asst Manager YMCA Project Bridge

General Manager Education Services Principal YMCA School

Manager, Admin YMCA School

Manager Tertiary Education

General Manager International House Senior Manager Rooms & Marketing

Manager Housekeeping & Building Services

YMCA Annual Report 2009

Serving the Community

YMCA - Tan Chin Tuan Community Service Programmes Through YMCA-Tan Chin Tuan Community Service Programmes, we bring cheer to the intellectually, mentally and physically challenged, out-of-school youth, youth-at-risk, children and teens from dysfunctional and abusive families, the elderly and the poor through fun and meaningful programmes.

YMCA serves the community by engaging and mobilising volunteers to touch the lives of the less privileged, through structured and sustained programmes both locally and overseas.

List of partnering voluntary welfare organisations 1. Association for Persons with Special Needs – Centre for Adults 2. Bishan Home for the Intellectually Disabled 3. Blue Cross Thong Kheng Home 4. Bukit Batok Boys Hostel (Pertapis) 5. Care Corner (Toa Payoh) 6. Care Corner (Teck Ghee Youth Centre) 7. Christian Outreach to the Handicapped 8. Christalite Methodist Home 9. Delta Senior School 10. Grace Orchard School 11. Handicaps Welfare Association 12. Jamiyah Children’s Home 13. Macpherson Moral & Family Service Centre 14. METTA School 15. Movement for the Intellectually Disabled of Singapore - CDTC 16. Pertapis Children’s Home 17. Queenstown Multi-Service Centre

In partnership with 22 voluntary welfare organisations, YMCA touches the lives of these beneficiaries through 17 structured and sustained programmes. In 2009, YMCA stepped up protocols and adopted good procedures to curb the spread of the H1N1 virus during the regular programmes. Despite the H1N1 scare, YMCA continued to expand our outreach to our partnering Voluntary Welfare Organisations (VWOs).

18. Singapore Association for Mental Health 19. Singapore Association of the Visually Handicapped 20. Spastic Children’s Association of Singapore 21. Singapore Christian Home for the Aged 22. The Tent

YMCA-TAN CHIN TUAN COMMUNITY SERVICE PROGRAMMES “I found it very amazing and fulfilling to see the beneficiaries create such beautiful pieces at the Y Arts Challenge.” Mabel Ong , student from Raffles Junior College

“Serving the less privileged in Vietnam was one of the most life-transforming experiences for me. I have learnt to appreciate the things and people in Singapore.” Pauline Tan, YMCA volunteer, International Service Programme

Y Dance Outreach

Y Photo Club

Y Outing

Y Care to Dance

Y Arts Challenge

Y Movie Treats

Y Green Fingers

Y Camp Challenge

Y Reading Clubs

YMCA Day @ the Opera

Y Nature Walks

YMCA Festival of Love

Y Chorus

YMCA Project Bridge

Y Visits

YMCA Proms @ the Park

Y Confidence

YMCA Annual Report 2009

Highlights of 2009 YMCA-Tan Chin Tuan Community Service Programmes

Guiding the Out-of-school Youth and Youth-at-risk YMCA Project Bridge is a preventive and restorative programme that addresses the challenges associated with youth-at-risk and out-of-school youth aged 13 to 19. In 2009, we reached out to many youth through the three programmes and worked with 50 schools in the North and Northwest. Through the Drop-in Programme, Programme I Can and Enhanced Step-Up Programme, 27 activities including educational visits, community service, sports, adventure camps and lifeskill workshops were organised for the youth. Our counsellors and volunteers served the youth with more than 500 hours of intervention sessions that included individual counselling.

•

New VWO Partners YMCA welcomed 3 new VWO partners: Care Corner (Teck Ghee Youth Centre) and Jamiyah Children’s Home for Y Nature Walks and Macpherson Moral & Family Service Centre for Y Visits, in addition to the 22 VWOs.

•

More of Y Camp Challenge. 35% increase in volunteer involvement. Enriched the lives of 25% more beneficiaries. The frequency of this outdoor and adventure camp for the intellectually and mentally challenged has doubled from 2 to 4. Over the last year, the number of beneficiaries increased by 25% to 264 and that of volunteers by 35% to 394.

•

Expanded Y Arts Challenge programme with Y D-Gen Y Arts Challenge uses dance, performing and visual arts to help beneficiaries discover and nurture their hidden talents. A new group, Y D-Gen, a percussion band was formed with hearing-impaired youth. Y D-Gen performed at the National Youth Council’s Singapore-Malaysia Youth Camp and Ship for Southeast Asian Youth Programme (SSEAYP). Other Y Arts Challenge groups are Y STARS (a group of intellectually challenged youth), Y Guitar (guitar lessons for beneficiaries), Y Ukelele (ukelele lessons for beneficiaries), Y Rocks (rock bands formed by out-of-school youth and youth-at-risk) and Y Photo Club.

•

1020 volunteers & needy elderly at YMCA Day @ the Opera The inaugural YMCA Day @ the Opera was held on Monday, 17 August 2009 at the Kreta Ayer Peoples’ Theatre. This new YMCA community service programme was organised to treat needy senior citizens with a Cantonese Opera performance by the renowned Fung Ngai Cantonese Opera Troupe from Hong Kong, as well as to create a platform for intergeneration bonding. Youth volunteers were engaged to befriend the elderly beneficiaries throughout the event. Following the success of YMCA Day @ the Opera, YMCA is embarking on more intergenerational initiatives in 2010.

Successful Case Studies:

Mei Ting* had been very unresponsive for the past five months despite many home visits and phone calls. However, she finally took the initiative to contact our caseworker and was willing to work on issues that she was facing. She also registered herself as a private candidate for her ‘N’ levels and has since sat for all her papers!

On top of being a school drop-out for a long period of time, Danny* has also been confronted by the police for two related offences. However, Danny has shown signs of turning for the better after much advice given to him by his parents and our caseworker. He has also displayed an interest to return to school and the caseworker has undertaken actions to fulfill this wish. Danny is pleased to have received the opportunity to return to school for a try-out period.

* Names were changed to protect their identities.

Johnson* came onboard the programme very unwillingly and often gave excuses for not meeting up. After months of trying to engage him, Johnson finally responded. After working with him for a few months, he was placed in a two-month apprenticeship programme with a restaurant. The boss was very pleased with him and would likely want him to continue as an employee after the attachment.

Daniel* joined the programme after a pending police case. He was reported by the school counsellor to be a rebellious and disrespectful individual. After a few sessions with our caseworker, Daniel found the courage to cease all contact with the gang and has also shown interest in returning back to school. The caseworker will assist a smooth facilitation of Daniel’s return to school.

YMCA Annual Report 2009

YMCA-Tan Chin Tuan Community Service Programmes “The righteous care about justice for the poor, but the wicked have no such concern.” Proverbs 29:7

Structured and sustained service platforms

1,915

In 2009,YMCA of Singapore mobilised

78,736

HOURS reaching out to

Reaching Out to the Needy Families YMCA FACES (Financial Assistance cum Capability for Employment Scheme) seeks to provide short-term supplementary financial aid to needy families, address the growing need for employment of people with special needs and provide meaningful work training attachment opportunities for the YMCA Project Bridge youth.

Highlights for YMCA FACES in 2009 •

Served 247 families through counselling

•

Disbursed $68,300 to aid 81 needy families

•

New VWO partners YMCA partnered three new voluntary welfare organisations, Bethesda Care & Counselling Services Centre, Yong-en Care Centre and Lakeside Family Centre for the Y Financial Assistance scheme, in addition to the existing partner, Care Community Service Society.

VOLUNTEERS who contributed

“

1,970

BENEFICIARIES from 22 partnering

voluntary welfare organisations through

328 activities

in Singapore.

•

Funded school fees for needy students at Gan Eng Seng Student Care Centre

•

2 Y Employment scheme participants converted to staff Since 2008, YMCA has partnered Grace Orchard School for children with mild intellectual disabilities and mild autism to provide work attachment opportunities for its students at the YMCA International House. Six students have gone through the programme and two top performers have been employed as part-time staff at the Y.

“ ”

The financial and transport assistance has helped to lighten the burden during my period of unemployment while I looked for a job.

Siti and Benjamin were overjoyed to receive their first pay cheque. Benjamin asked if he could continue after his six months here.

Parent of 2 children

Mr Philip Yeo, Manager, YMCA International House

YMCA English Programme

”

Since May 2009, YMCA volunteers, Jonathan Koh who is also a YMCA life member and Jedidiah Goh have been conducting a new English Programme every Thursday evening for a group of 25 international students comprising Chinese, Vietnamese and other Asian nationalities at YMCA. Some of the foreign students from the YMCA School also attend the classes. The volunteers are English teachers at private schools and the sessions are facilitated by the YMCA Christian Development department. This programme aims to help the international students improve their conversational English skills and reach out to them with Christian love. The volunteers also organise social gatherings for the students, such as barbecue outings to build relationships with them. In 2010, YMCA Toastmasters Club plans to start a similar class for working adults.

YMCA Annual Report 2009

The Underprivileged

Highlights for YMCA International Service Programmes

Beyond Our Shores

“Just as the Son of Man did not come to be served, but to serve.” Matthew 20:28a

31%

Cambodia

Shanghai & Suichuan, China

•

In collaboration with NUS Business School’s Center for Social Entrepreneurship and Philanthropy, members of Uni-Y @ NUS were sent to serve in a school built by NUS Business School alumni members in Suichuan. They set up two computer laboratories and taught English and computer skills.

•

A team of 24 students from SMU continued to serve the migrant school children in the surburbs of Shanghai with English lessons and improving the school’s facilities.

Siem Reap: Continued the structured YMCA English Language Programme for the students in studying in The Boys’ Brigade Learning Center (BBLC) and completed the basework for the next 1km village road.

INCREASE

Chiangmai, Thailand

in volunteer participation for

•

YMCA INTERNATIONAL

•

4,550 children and youth.

“

Mervyn Chan, Y Volunteer leader of International Service Programme to Cambodia

Phnom Penh: In partnership with YMCA of Cambodia, we continued the structured YMCA English Language Programme to 90 children at the Unaccompanied Association orphanage in addition to basic computer skills, arts & crafts and even football clinics. Contributed towards refurbishment of the orphanage as well as building a study room for the kids. Set up 300 computers at the Don Bosco Technical School. Firstaid was also taught to local primary school teachers.

•

Battambang and Kampong Cham: Reached out to rural schools by teaching English and building a basketball court and set up libraries for the local students.

4 countries

and TOUCHED THE LIVES of

The delighted look on the students’ faces when they saw computers for the first time was my most memorable moment.

•

YMCA VOLUNTEERS

made 36 trips to

“ ”

Installed bio-gas tanks for schools in the rural areas of Chiangmai in addition to English & arts sessions.

Ben Tre Province, Vietnam

Service Programmes in 2009

697

We never had such an opportunity to serve. This trip has shown me the essence of community service and allowed me to better understand the concerns of our community. Joanne Wang, Y Volunteer from PwC Chong Qing for Rebuilding Communities Programme to Sichuan

5 teams of volunteers taught English and concretised school courtyards and classrooms to provide a better study environment for the children.

Highlights for YMCA Rebuilding Communities Programme

”

Sichuan, China

Batticaloa, Sri Lanka

•

10 staff from PricewaterhouseCooper (PwC) Singapore together with 8 colleagues from PwC Chong Qing spearheaded our first ever YMCA International Service Programme in Sichuan to serve the earthquake-affected residents. The volunteers contributed money and gifts to the children staying in the temporary shelters and conducted English lessons.

Plans are in place for a sustainable medical mobile clinic programme for three villages in West Batticaloa with YMCA Batticaloa Community Centre. A team of Singaporean doctors, nurses and medical students went on a reconnaissance trip in October 2009, with the intent of sending regular medical teams from Singapore in 2010.

YMCA Annual Report 2009

Rallying Resources for Voluntary Welfare Organisations Voluntary welfare organisations require two key resources to sustain their services to the community in need, namely competent volunteers and adequate funding. Recognising that volunteers are the backbone of all community initiatives and the need to muster this invaluable resource into an effective force in the service of others, YMCA seeks to develop the capabilities of volunteers through development and training. YMCA also goes beyond raising funds and awareness for its own programmes, through the CitibankYMCA Youth For Causes programme. It also facilitates corporations to give back to society by developing platforms for corporate volunteerism.

“I wish to commend the YMCA for its commitment towards building up a strong volunteer corps through the YMCA-Lim Kim San Volunteers Programme. The programme effectively facilitates the recruitment, training and recognition of volunteers, empowering them to serve more beneficiaries.” Mr S. Dhanabalan, Chairman, Temasek Holdings

“Citibank-YMCA Youth For Causes is the perfect platform to nurture future business leaders as well as social entrepreneurs, who have started their journey at a young age to create a positive impact to the society.” Ms Tracey Woon, Managing Director, Head of Global Banking, Citi Singapore

Citibank-YMCA Youth For Causes Programme

400 15,000 $672,000 53 In 2009,

YOUTH mobilised

volunteers and

RAISED

for

voluntary welfare organisations as well as REACHED OUT to

1.3 million members of the public.

Citibank-YMCA Youth For Causes is a joint community initiative by Citibank and the YMCA of Singapore, sponsored by the Citi Foundation, that aims to cultivate a culture of social responsibility and build community leadership among youth in Singapore. The programme also functions as a “social venture capital fund” to provide youth, aged 15 to 35 years of age, with seed funds and resources to execute creative entrepreneurial ideas which will benefit and support non-profit organisations of their choice.

Spotlight on Two Award Winning Teams: Team – Drahma (Best Team Award: 17 to 21 years old category)

Team - Inspire’09 (Special Recognition Award - Team)

Fund raised: $25,500

Fund raised: $100,000

Inspired by the real-life stories of beneficiaries at the Singapore Christian Home for the Aged, four students from Raffles Junior College scripted and produced a play to re-enact the lives of the elderly. Held at the Arts House for four consecutive nights with an audience of 400, the team raised $25,500 through ticket sales and sale of merchandise.

Setting the record for the highest amount of funds raised by a single team, Inspire’09 raised $100,000 for the Straits Times Pocket Money Fund within three months. This was achieved through recruiting 1,200 volunteers from 20 schools to sell teddy bears and custom-designed post-it pads on the streets.

YMCA Annual Report 2009

Volunteer Development

Corporate Volunteerism

Through the YMCA-Lim Kim San Volunteers Programme, YMCA seeks to promote and raise the standards of volunteerism, develop volunteer capabilities to better serve the beneficiaries as well as attract, retain and recognise volunteers.

In 2009, YMCA mobilised

“Let us not love with words or tongue but with actions and in truth.” 1 John 3:18

YMCA continues to promote Corporate Social Responsibility in the private sector by creating platforms for corporate volunteerism and develop sustainable community partnerships between corporations and voluntary welfare organisations.

4,370 regular and ad-hoc VOLUNTEERS.

3,504 regular volunteers each served 15 HOURS and above in the year. 37 volunteers received OUTSTANDING VOLUNTEER AWARDS at the annual YMCA Volunteers Appreciation function.

YMCA Directors were recognised by MCYS for their LONG SERVICE

IN VOLUNTEERING.

YMCA – NUS Business School Volunteer Service Management Programme The first certified and comprehensive management course for volunteers and staff from non-profit organisations in Singapore

Volunteer Capability Development •

Conducted Service Learning and Safety Management training for over 40 volunteers.

•

Worked with the Ministry of Health to conduct specialised training workshops for 48 staff from health-related registered charities.

•

Conducted two trainings for National Volunteer & Philanthropy Centre SG Cares volunteer leaders on “Understanding Self and Facilitation Skill for Leaders”.

Highlights •

Online Volunteer Management System •

53 participants from 22 Voluntary Welfare Organisations participated in 2009.

•

Opened the programme to Uni-Y students and adult mentors of Citibank-YMCA Youth For Causes.

•

Included a new module on budgeting, conducted by NUS Business School.

•

Launched a forum on “How Non-Profit Organisations can increase their potential in times of uncertainty”.

“

Launched in October 2009, our new Volunteer Management System will enhance communication between YMCA volunteers and staff. It enables the staff to manage volunteers’ database more efficiently and enable volunteers to sign up for activities online. We thank the Computing for Voluntary Welfare Organisations (CVWO) for volunteering to develop this system for us. An initiative by Assistant Professor Ben Leong, this project was spearheaded by four students from the School of Computing, National University of Singapore.

My team put in more than 12 hours daily during the holidays to complete the project. It was an intense experience but volunteers will now benefit from the system as they can sign up for events and check their statuses easily. James Yong, Group Leader, CVWO and Y Volunteer

”

•

In 2009, we joined hands with three new corporate partners in touching lives and lifting spirits of the less privileged through our YMCA-Tan Chin Tuan Community Service Programmes. The corporations include Credit Suisse for Y Reading Clubs as well as Bridgestone Tyre Sales Singapore Pte Ltd and Temasek Holdings for Y Movie Treats. Our existing corporate partners include Citibank, PricewaterhouseCoopers, Superior Multipackaging Pte Ltd and DHL. Spread across 2 to 7 November, 140 staff from Citibank brought cheer to over 200 beneficiaries from Christalite Methodist Home, YMCA Project Bridge and the Spastic Children’s Association of Singapore. Organised by Citibank, YMCA facilitated the programme by planning activities, including a farm excursion, futsal tournament and an outdoor reading session.

YMCA partnered with Citibank and PricewaterhouseCoopers for YMCA International Service Programmes where volunteers were sent to Cambodia for community service work. In addition, PricewaterhouseCoopers also mobilised 10 volunteers to visit Szechuan in China aiding the children affected by the earthquake.

“

For some of the beneficiaries, it’s their first time watching a movie and my teammates were happy to be there to share their experience. We felt great to be part of their learning journey. Lucy Chan, Temasek Holdings

”

YMCA Annual Report 2009

Developing Youth In this information age, youth development has emerged as one of the key elements of national progress. YMCA continues to invest in developing youth to build capacity for YMCA and the social service sector in serving the community as well as groom them into servant leaders who can rise to the occasion to lead the YMCA in the future.

University YMCAs (Uni-Y) Uni-Ys aim to empower youth to be servant leaders who will impact the local and international communities. Through conceptualising and executing innovative community service programmes, Uni-Ys also foster the development of leadership and social entrepreneurship among the youth. With the formation of Uni-Y @ NTU in 2009, YMCA now has a strong presence in the three major universities in Singapore, namely Singapore Management University (SMU), National University of Singapore (NUS) and Nanyang Technological University (NTU). The influence of Uni-Y goes far beyond school campuses as Uni-Y members are actively involved in both local and international community service programmes organised by YMCA. Uni-Y Singapore was invited by Asia and Pacific Alliance of YMCAs (APAY) and YMCA of Singapore to host and organise the 2nd Asian and Pacific University YMCAs Conference (APUY) from 29 July to 3 August 2009 for 72 delegates from 13 countries. The conference promoted youth leadership and social entrepreneurship among the Uni-Ys in the region as well as provided a platform for Uni-Y youth to interact with one another.

High School YMCAs (Hi-Y) Launched in 2009, Hi-Y is formed by students from Junior Colleges and Polytechnics with a heart for service and the community. Its membership currently stands at 27 youth. Members participate in social entrepreneurship projects like Citibank-YMCA Youth for Causes and selfinitiated projects, including an online-portal marketing products for partnering voluntary welfare organisations.

“Global exposure through the YMCA Exchange Programmes have opened up fresh opportunities for student exchanges as well as forging new international friendships.” Zaleena Binte Abdullah, participant of YMCA Exchange Programme

“I believe that as we continue to engage the youth in giving and serving unconditionally, they will be able to grow into their fullest potential, touching many lives and lifting many spirits!” Lin Yihan, former President, Uni-Y @ SMU

Uni-Y clubs and High-Y

300 members

YMCA Annual Report 2009

Highlights of Other Youth Development Platforms “Don’t let anyone look down on you because you are young, but set an example for the believers in speech, in life, in love, in faith and in purity.” 1 Timothy 4:12

YMCA Speaking Awards

YMCA Exchange Programmes In 2009, we hosted a total of 101 students from Kumamoto (Japan), Bandung (Indonesia) and Hong Kong on exchange programmes to Singapore. In return, 22 students from the Millennia Institute (Singapore) embarked on a six-day Humanities Exchange Programme to Kumamoto in November 2009.

The YMCA Plain English Speaking Awards (PESA) and the YMCA Mandarin Speaking Awards (MSA) are national level public speaking competitions aimed at sharpening communication skills and building selfconfidence among youth.

Endorsed by the National Arts Council, a new programme “Ragtime to Realtime” was offered. Conducted by the Lindy Hop Ensemble, a YMCA Associate in the Arts, we reached out to 1,500 students in 15 schools with our school assembly dance programmes.

“

Instructor Chris is very professional. His passion for the sport has made a positive impact on the students. Good job! Sim Pei Shan, Teacher, Innova Junior College

”

As a membership organisation, YMCA plans regular activities for enriching our members’ lives. YMCA members are also engaged to help serve the less privileged of the community. YMCA strives to engage every member to be a volunteer and every volunteer, a member. YMCA also continues to deliver new, exciting and wholesome activities spanning fitness & dance, performing arts and outdoor & adventure programmes that engage members, volunteers and members of the public.

YMCA Arts Education Programmes (AEP)

210 students from 167 schools took part in the 23rd YMCA PESA and 89 students took part in the 3rd YMCA MSA. Organised by YMCA of Singapore, the YMCA PESA is supported by Ministry of Education, National Library Board and Speak Good English Movement, while the YMCA MSA is supported by the Promote Mandarin Council and the Confucius Institute.

Enriching Our Members

YMCA Sports Education Programmes (SEP) Our fencing and mountain biking programmes, endorsed by the Singapore Sports Council, were enjoyed by Primary Schools to Junior Colleges. Clients included Pioneer Primary School, Unity Primary School, River Valley High School, Geylang Methodist Secondary School, Innova Junior College and Anderson Junior College.

“

I applaud the YMCA of Singapore for their good work in organising YMCA for the past years and I wish you all the best as you continue to promote the use and practice of good English. Mr Teo Ser Luck, Senior Parlimentary Secretary, Ministry of Community Development, Youth and Sports & Ministry of Transport

Our service clubs, namely the Y’s Men’s Club and YMCA Toastmasters Club, organise enriching talks and activities to engage our members as well as participate in YMCA community service programmes. Being a Christian organisation, we seek to strengthen the Christian lifestyle of our members through our programmes.

“The Y Fitness Package is reasonably priced. The instructors are friendly, the classes are enjoyable and the workouts are powerful.”

”

Miki Osuga, Y Fitness participant

“Whether you are a professional, student or retiree, YMCA Toastmasters Club is the most enjoyable and affordable way of gaining communication and leadership skills.” Chew Ban Seng, DTM and President of MCA Toastmasters Club

YMCA Annual Report 2009

Highlights for Member Services

Highlights for Golf Fellowship

“Each one should use whatever gift he has received to serve others.” 1 Peter 4:10a

•

We partnered three new merchants, Atlantic Optical, Pot Pourri Restaurant and Pizza Al Taglio, in 2009 to offer more privileges to our members. Our existing merchants include Adonis, Irene Chua Dental Surgery, Inhamani @ The Cathay, Sinema Old School, True Vine Christian Bookroom and YWAM Publishing.

•

Workshops included “Maximising the learning potential of your child” and “Cholesterol and You”.

•

With reference to the following table on membership figures, the increase in the Associate membership is mainly due to the new students from the YMCA School, Tertiary Education, Child Development Centres and Student Care Centres who joined as members.

•

We brought in a new range of YMCA collectibles in 2009.

Membership Figures DEC 2008

DEC 2009

556

558

Full (Ordinary)

Ordinary (Life)

Full (Life)

1,027

1,037

Ordinary (Annual)

266

489

Ordinary (Youth)

346

309

Associate

522

709

Associate (Youth)

510

964

3,232

4,077

•

Highlights for Fitness & Dance

•

1,423 members from pre-schoolers to seniors joined our range of 14 dance programmes, from ballet to bollyfitness.

•

208 members learnt swimming at YMCA of Singapore.

Inaugurated in 2009, YMCA Golf Fellowship provided a fellowship platform for members and friends. With a total of 42 flights, monthly Medals organised at both local and overseas golf courses.

•

321 people signed up for the Y Fencing Programme in 2009. Sparring Nights were held every Wednesday for adult fencers.

•

2nd YMCA Fencing Cup saw a 100% increase in participation with 102 participants from 6 nationalities competing in 6 categories.

•

Our Y Sparks Fencing team did us proud by winning many medals in 2009: •

•

Won medals in every category in their first international competition in Kuala Lumpur

•

Wo n B R O N Z E i n t h e N o v i c e s F e n c i n g Championships

•

Won GOLD for Women’s Foil Team at the Singapore Minime Fencing Championships

•

Won numerous medals at the 2nd YMCA Fencing Cup 2009.

Fencing is endorsed by the Singapore Sports Council’s Sports Education Programmes (SEP).

Highlights for Performing Arts •

50 participants attended “Rock n Roll Retro Night”.

•

12 Groov-Y Nights dancing sessions featuring Swing, Forro and Salsa attracted up to 130 people per event.

•

We celebrated the vibrancy of Brazilian culture with 100 participants at Festa Julina on 11 July 2009, in collaboration with Bantus Capoeira and the Brazilian Embassy. All proceeds from the stalls benefitted the YMCA-Lim Kim San Volunteers Programme.

Highlights for Outdoor & Adventure

Highlights for Fencing •

YMCA BikeYworks mountain bike programmes at Tampines MTB Park and Pulau Ubin drew 232 participants from schools and the public. Endorsed by the Singapore Sports Council’s SEP.

•

171 members joined us for Y Treks to Hong Kong, Malaysia and Nepal.

•

We introduced a new destination: Shangri-la. Participants experienced mountain biking through Tibetan villages and hiking up to the top of the 4,500m high Shika Mountain.

•

119 members skied with us to Korea & Japan. Our highly popular ski programmes are organised in collaboration with Chuncheon YMCA (Korea) and Hokkaido YMCA (Japan).

YMCA Annual Report 2009

Highlights for YMCA Christian Development “But the fruit of the Spirit is love, joy, peace, patience, kindness, goodness, faithfulness, gentleness and self-control.” Galatians 5:22

•

YMCA seeks to strengthen the Christian focus by connecting people together through programmes and activities based on Christian principles.

•

4 YMCA Christian Seminars were organised in 2009 to help youth and adults apply Christian principles in their daily lives. Topics covered included “What is God doing in this turbulent time?”, “The Ethics of Organ Trading”, “A Christian Perspective on End Times” and “Reaching the Marginalised”.

•

In 2009, about 25 youth participated regularly in the monthly Y Knot Youth Fellowship, organised by the YMCA of Singapore and supported by City Harvest Church. Targeted at youth, the programme included games, praise & worship, testimonies and devotions given by Pastors and speakers.

•

The Boys’ Brigade 24J Singapore Company was awarded its 1st Bronze Honour Roll of the JM Fraser Award. 32 Boys were also officially enrolled into the Company on 16 May 2009.

•

YMCA of Singapore, together with YWCA and Metropolitan YMCA organised the World Week of Prayer and Fellowship from 9 to 13 November. The theme was “Beyond Global Citizenship”, based on Philippians 3:20.

Our Social Enterprises YMCA Education and YMCA International House are the social enterprises of YMCA of Singapore. Their surpluses are channelled to cover the corporate costs of the organisation and part of the cost of running the numerous YMCA Community Service programmes.

YMCA Service Clubs Highlights for Y’s Men’s Club International (Alpha Chapter) •

Highlights for YMCA Toastmasters Club

The International Y’s Men’s Club of Singapore (Alpha Chapter) is one of the service arms of YMCA of Singapore. In 2009, Alpha supported YMCA activities, such as judging the YMCA Plain English Speaking Awards and supporting the YMCA Day @ The Opera in August and Y Camp Challenge in December. The club also conducts bimonthly talks by guest speakers on various societal issues.

“

The World Week of Prayer and World Fellowship was a great time to encourage one another to pray and spur one another to a higher level of faith. Ginny Tay, Executive, YMCA FACES

•

The YMCA Toastmasters Club held several workshops, including “Want to Speak like Obama?” in January and “Strategic Planning” in July, conducted by Founding President, Ernest Chen.

•

YMCA Toastmasters Club continued to develop successful public speakers. Iris Tang was the most improved speaker, finishing as 1st runner-up in International Speech in the Area Contest and 2nd runner-up in the Area Evaluation Contest. She was the Area Champion and 2nd runner-up at Division level for Humorous Speech Contest. Pradeep Kumar was our Area and Division Evaluation Champion. At the District 80 Evaluation Contest held in Macau, he came in as 2nd runner-up.

“ ”

I have learnt about discipline and obedience and I enjoyed the activities. Ryan Chng, Primary 5, BB Boy, 24J Singapore Company.

”

“Teachers have been very understanding and attentive to my child.  I have peace of mind when I am at work because my child is in good hands.” Mrs Seraphina Ong, parent of Nathaniel Ong, Student of YMCA Child Development Centre @ Bukit Batok

“A very comfortable place to stay and centrally located! I would definitely come back and stay here again. Thank you YMCA International House!” Bealig, Australia Guest of YMCA International House

YMCA Annual Report 2009

Teaching with a Passion “Instruct a wise man and he will be wiser still; teach a righteous man and he will add to his learning.” Proverbs 9:9

YMCA seeks to provide a wholesome education experience for our students, developing the body, mind and spirit through YMCA Child Development Centres and Student Care Centres, YMCA School and Tertiary Education.

YMCA Child Development Centres & Student Care Centres Providing each child with educational and emotional guidance supported by a warm, nurturing and stable learning environment – all YMCA CDCs and SCCs have been approved for operation by the Ministry of Community Development, Youth and Sports (MCYS). •

Nurtured 620 children to reach their maximum potential

•

3 Child Development Centres (CDCs)

•

9 Student Care Centres (SCCs) Highlights for CDCs

YMCA School

•

Accredited with CaseTrust, Singapore Quality Class and ISO.

•

It offers GCE O & A Levels academic courses and English preparatory classes.

•

Enrollment of 266 multi-national students from 10 countries.

Highlights for YMCA School Top student of 2009 was Cai Ziying from class 4A, scoring 8 points in the 2009 GCE ‘O’ Levels with 5 distinctions. In addition to classroom lessons, students also participated in co-curricular activities, such as the annual Captain’s Ball Competition, Christmas Party with Mentors from City Harvest Church and Learning Journeys to the Museum and the Singapore Discovery Centre. These wholesome activities are beneficial for students in improving their general knowledge as well as their physical and social skills.

YMCA Tertiary Education •

Launched in 2009.

•

Partnership between YMCA of Singapore and University of Strathclyde Business School for Strathclyde MBA program.

•

Collaboration between YMCA of Singapore with Australian Maritime College for undergraduate & postgraduate programmes (in Maritime and Logistics and Applied Science).

•

A total of 230 students enrolled in our tertiary programmes in 2009.

The department also participated in educational trade fairs such as the JobsCentral Career and Learning Fair 2009 and Citibank’s mini-MBA Fair where our staff met with those interested in the courses we provide.

All YMCA Child Development Centres are awarded with ISO Certification.

•

Awarded certificates for Healthy Eating at Childcare Centres 2009.

•

2 year licences were renewed for Bukit Batok and Woodlands CDCs.

•

Redesigned the children’s uniforms.

•

In-house training and workshops were conducted for CDC teachers.

On top of the curriculum lessons, YMCA Child Development Centres also organised various enrichment activities for the students. These include Peace Lantern decorations in August, Children’s Day celebrations in September, Annual Graduation Concert in November, YMCA-NUS National Youth Chinese Calligraphy Competition, where children were introduced to Chinese calligraphy and YMCA Plain English Speaking Awards.

Highlights for SCCs Students from YMCA SCCs had an inspiring and fulfilling year in 2009. A whole series of new exciting programmes were implemented throughout the year where learning was not confined to the centres and the teachers struck a chord between work and play. •

Students from Jurong West SCC participated in a 2 day ‘Healthy Eating and Living’ camp organised by National Education Institute.

•

Students from Fairfield Methodist Secondary School spent their Community Involvement Programme with the Jurong West SCC students where children enjoyed experiential learning and forged new friendships.

•

Canberra’s neighbourhood police visited Canberra SCC to share valuable lessons on how students can protect themselves.

•

To develop an enquiring mind, educational school holiday workshops, such as Character Development, Food Science and Forensic Science were organised at the various centres.

Highlights for Tertiary 2009 marked the University of Strathclyde’s 20th year in Singapore, which was celebrated at the Strathclyde MBA Graduation Presentation Ceremony attended by 22 of their graduands and their families. Mr Stephen Loh, President, YMCA of Singapore was presented a plaque by Professor Colin Eden, Strathclyde Business School’s Associate Dean and Director of International Division.

•

YMCA Annual Report 2009

Hospitality with a Heart “My people will live in peaceful dwelling places, in secure homes, in undisturbed places of rest.” Isaiah 32:18

Nestled in the heart of the city, guests experience the convenience of city life and the warm local hospitality. Our clean and comfortable rooms are the perfect sojourn for weary business travellers and globe trotters after a day of work or fun. Although 2009 was a trying year with the economic slow down, God has continued to bless the International House, closing the year with a relatively positive 80% occupancy.

Upgraded YMCA building façade by installing the latest green LED technology lighting.

The newly upgraded rooftop pool deck is the perfect ambience for evening gatherings, ROM ceremonies and birthday parties.

Our comfortable rooms will ensure your stay in Singapore to be one of utmost comfort and serenity.

International Relations YMCA is a Christian organisation affiliated worldwide; we maintain regular contact with other YMCAs around the world.

Highlights for International Relations •

From 25 to 27 September, Mr Albert Ching, General Secretary of YMCA of Singapore, represented the Association at Penang YMCA’s 50th Anniversary Celebrations.

•

From 9 to 15 November, Mr Ching attended “YMCAs’ Strategy & Response under the Global Financial Crisis”, a forum organised by the National Committee of YMCAs of China, as well as the 100th Anniversary Celebrations of YMCAs of Beijing and Guangzhou.

•

From 15 to 17 December, the Presidents and General Secretaries of various YMCAs from the region attended the “Gender Concerns and Migration” workshop organised by the Asia Pacific Alliance of YMCAs (APAY). YMCA of Singapore hosted them for a dinner on 17 December.

•

YMCA of Singapore contributed monetary support through our counterparts overseas to fund the relief efforts for Cyclone Aila in Bangladesh, Typhoon Ketsana in Philippines and Vietnam as well as the earthquake in Indonesia.

Raising Funds for a Good Cause YMCA of Singapore organises the following fundraising events to solicit public funding to cover part of the costs of running the YMCA’s community service programmes and expand the programmes to serve more beneficiaries.

Newly renovated Y Terrace is an al fresco dining area which provides the right atmosphere for a private party to relax and enjoy the evening. Ideal for a group of 60.

Able to accommodate up to 250 pax, the Lee Kong Chian Auditorium is equipped with excellent lighting and sound systems. Ideal venue to hold conferences and exhibitions.

Tan Chin Tuan Function Rooms is a popular choice for church activities or corporate events, which can accommodate up to 200 pax.

10th YMCA Charity Golf 28 August 2009 Tanah Merah Country Club 150 golfers 17 corporations Raised $184,297 for YMCA-Lim Kim San Volunteers Programme. Guest of Honour: Mr S Dhanabalan, Chairman of Temasek Holdings (Pte) Ltd, and Mrs Dhanabalan

YMCA Flag Day 10 June 2009 400 volunteers and staff Sold YMCA flags Distributed Pledge cards Raised $71,993 for YMCA Community Service Programmes

Dazzling into 2009

Stay connected to the world with the complimentary WiFi access in the YMCA building and internet stations at the lobby.

Whet your appetite to the newly improved menu at the Y Café.

Keep fit and sweat it out at our YMCA gymnasium.

400 guests attended the event Held at the Ritz Carlton Hotel On 1 January 2009 Guests enjoyed the dance & vocal performances Organised by Mrs Swee Wong & committee Raised $86,380 for YMCA Project Bridge Event is held in support of YMCA Project Bridge & Highpoint Halfway House

YMCA Annual Report 2009

Donors and Sponors “A generous man will prosper, he who refreshes others will himself be refreshed.” Proverbs 11:25

Our donors and sponors help make many of the YMCA’s Community Service Programmes possible. We thank you for your contributions. Your faithfulness and generosity highlight another aspect of service and encourage us all.

Corporate Donors $300,000 and Above Tan Chin Tuan Foundation $50,000 and Above Lee Foundation $10,000 and Above Citibank N.A Singapore Ltd Isaac Manasseh Meyer Trust Fund Marco Polo Marine Ltd Singapore Totalisator Board $5,000 and Above Ascendas Funds Management (S) Ltd Boardroom Ltd City Harvest Church CMIA Capital Partners Pte Ltd DBS Bank Ltd Hewlett Packard Singapore Pte Ltd Keppel FELS Ltd Knight Frank Pte Ltd Lum Chang Holdings Ltd NTUC Fairprice Foundation Ltd OCBC Bank Ltd Pei Hwa Foundation Ltd Power Seraya Ltd PricewaterhouseCoopers Services LLP Serene Land Pte Ltd Siddhartha Centre Sim & Wong LLC Singapore Press Holdings Ltd Sinochem International (Overseas) Pte Ltd Source Manufacturing Pte Ltd Superior Multi-Packaging Ltd Tanah Merah Country Club Times Publishing Ltd $1,000 and Above Accenture Pte Ltd Alaxis Medicare Pte Ltd Allen & Gledhill LLP Allgreen Properties Ltd Auric Pacific Group Ltd Credit Suisse Singapore Duet Design Pte Ltd Evar Air-conditioning & Engineering Pte Ltd Hock Guan Huat Pte Ltd Keppel Corporation Ltd KOSO Controls Asia Pte Ltd KPMG LLP Lim & Tan Securities Pte Ltd Lion Global Investors Ltd MKPL Architects Pte Ltd R S Platou (Asia) Pte Ltd Silverlake Axis Ltd STT Communications Ltd $500 and Above Australia and New Zealand Group Limited Borneo Motors (S) Pte Ltd Glass Link Construction Pte Ltd Jurong International Holdings Pte Ltd LAGO Catering Services Pte Ltd MACS-UIB Insurance Brokers Pte Ltd Napier Properties Pte Ltd Renown Print Services Transview Holdings Ltd

$100 and Above CPG Laboratories Pte Ltd David Langdon & Seah Singapore Pte Ltd DL Corporate Advisors Pte Ltd Eatz Catering Services International Answering Service LNS Camion Transport Pte Ltd Singapore Precision Industries Pte Ltd Southern Star Singapore Pte Ltd

Individual Donors $20,000 and Above Ho Tian Yee $10,000 and Above Chew Kwee San Jonathan Quek Shiou Yong $5,000 and Above Dorathy Chan Ed Ng Ee Peng Jeanette Sim Mavis Lim Geck Chin Peter Tay Yew Beng $3,000 and Above David Wong Cheong Fook Eric Teng Heng Chew Tan Thong Kwan $1,000 and Above Alfred Lee Hood Yew Anthony Huray Belinda Ting Siew Tau Benjamin Chia Calvin Lim Boon Huat Chan Swee Chin Chew Kah Chuan Chew Kia Seng Chia Kim Luan Chiang Loo Fern Choong Ying Chuan Daniel Sim Han Jen Elsie Sim Hee Moon Choo Jimmy Goh Cheng Bee Kwa Kim Li Lam Kun Kin Laurence John Wee Ewe Lay Lee Liat Cheng Leong Lai Peng Lim Boh Chuan Lim Choon Hong Ng Bee Bee Regina Wong Ser Chong Robert Loh Choo Kiat Ronald Ong Whatt Soon Stephen Loh Sur Yong Tan Bee Wan Tan Jiew Hoe Tan Jing Hee Tan Li Ling Tay Puan Siong Teo Kek Yeng Teo Khiang Toh Giap Eng Vincent Lim Kee Ang Yen Leong Siang

$500 and Above Aaron Soh Albert Ching Chun Wai Kok Goh Liang Kwang James Tan Jin Woo Katherine Lim Siew Feng Koh Chee Hiang Kong Ming Teck Lam Choon Seng Lim Hock Chwee Lim Swee Kwang Low Boon Hoh Ong Eng Tong Ong Teong Hoon Pang Kim Ann Poon Fook Kuan Roland Quah Han Peng Satchitha Nandan Sim Miah Kian Susan Kong Yim Pui Tan Eng Beng Tan Eng Han Thia Bee Yung Travis Feng Wen Hong Ming William Wong Tien Leong $200 and Above Annie Kwan-Terry Annie Yap Anthony Seah Choon Tong Bibiana Choo Sieh Ling Cecilia Sue Siew Nang Chan Thye King Chan Tuck Hoi Cheong Yeem Yoong Pauline Chin Chen Keong Chong Yeh Woei Choong Sze Wenn Foo Tiang Sooi Gan Kim Loon Gui Wee Kee Gurchapanjit Singh Jacqueline Tan Khor Poh Hua Ko Hui Huy Koh Hong Wai Lam Wai Kay Leong Mun Sum Lim Beng Choo Lim Chiew Sen Lim Kok Ann Lim Lian Tee Lim Shoh Pheng Ling Tok Hong Loh Hock Seng Harry Loi Win Yen Lynette Yeo Kin Lyn Michael Ong Michael Ong Soo Lin Mok Chun Whye Molly Tan Nee Seet Oei Hong Bie Parang Joshi Pauline Cheong Penny Lee Yoke Sim Raymond Chan Soh Wai Wah Tan Chian Khong Tan Kim Leong Teh Hock Beng

Teo Hiow Hoong Tham Chee Soon Tracey Oh Kim Hong Wee Tze Wee Wong Foot Hin Wong Yoon Foh Woo Chi Jen Woo Tehi Chu Yap Poon Ann Yeo See Kiat Below $200 Alfred Lee Teck Keng Angela Ng Beng Hua Arifeen Kamaluddin Benny Chua Bernard Bay Casey Heng Kim Chai Chang Su Yin Charles Prescott Cheng Su Chen Cheong Kwee Ngor Chng Siok Khim Christine Hee Christine Yuen Christopher Lock Chua Lay Cheng Chuah Boon Hua Elena Heng Su Pei Elsie Kwow Ah Fong Eng Chin Chin Eric Chan Aik Leong Ernest Chen Hai Siang Gary Chen Wye Yuen Gerald Lim Buan Siang Henry Tong Jake Tan Lye Yao Jennifer Yin Ling Jimmy Cheok Soo Beng Johnson Tan Judith Chew Siew Geok Kok Siew Man Kwong Yat Ping Lau Yan Mei Lee Chay Lian Lee Chee Wei Lee Fun Chew Li Mei Yi Lilian Peh Oon Bee Lim Hua Yong Low Chin Loo Melissa Mak Ng Keck Jin Oh Shao Wei Ong Bee Keow Ong Lay Poh Ong Yin Sue Richard Sng Chia Huat Sim Chan Wee Sean Latip Tan Hsu Wam Tan Lay Peng Tan Shu Ling Tan Siew Tiang Tan Tze Chye Teng Ngiek Lien Teo Kian Bin Teo Meiyun Thiris Arfan Lie Wang Yen Peng Wendy Tan Yeo Pee Lung Yeo Yam How

This list may not be exhaustive. In the event that we have advertently omitted the name of any contributor, we apologise for the oversight.

Corporate Governance Registration and Compliance YMCA of Singapore (the “Association”) is a Voluntary Welfare Organisation and registered as a Society under the Societies Act on 12 April 1961. It is also registered as a Charity under the Charities Act on 26 November 1985 and is recognised as an Institute of Public Character (“IPC”), which allows our donors to enjoy tax deductions. The Association is governed by the Constitution of the Association and has complied with the Code of Governance for Charities and Institutions of Public Character.

Board of Directors The Association is governed by a volunteer Board of Directors (“BOD”) whose members are elected according to YMCA’s constitution. Being the highest policy and decision making body of YMCA, the BOD has the ultimate responsibility of ensuring that YMCA is governed and managed responsibly and prudently to ensure the effectiveness, credibility and sustainability of the organization. The BOD comprises the President, Vice President, Treasurer and other elected Board Members. The BOD charts the overall direction of YMCA and is responsible for the promotion of the Policy and Programme of the Association. It oversees the direction of the Association and ensures that YMCA’s principles are adhered to. All directors serve a fouryear term and can stand for re-election after their tenure during the Annual General Meeting.

Election of Officer Bearers At the first meeting of the Board of Directors held after the election of a President, a Vice President and Treasurer of the Association shall be elected from among their own number for a period of one year or until their successors are elected.

Executive Committee The Executive Committee (“ExCo”) comprises the President, Vice President, Treasurer and at least one other Director. It has executive powers to administer the affairs of the Association in accordance with its Constitution, Rules and Regulations and the Board’s policy and provides guidance and oversight to the Management on the operations of the Association. These include the setting of policies on operational matters and approval of expenditures within the financial limits provided for in the Chart of Authority Manual (“COA Manual”) in the normal course of business. ExCo shall keep the BOD fully appraised on the affairs of the Association and where appropriate, refer certain matters to the BOD for approval.

Standing Committees At the first meeting of the Board of Directors immediately following the Annual General Meeting, the President shall appoint such Standing Committees as may be deemed necessary. The Standing Committees (“Com”) are responsible for overseeing the Department/Divisions under their purview and provide policy directions and guidance to ExCo and Management. The President and the General Secretary shall be ex-officio members of all committees.

Treasurer The YMCA Treasurer is duly elected under the Constitution of YMCA and shall be responsible for the proper functioning of the Management administrating financial matters.

General Secretary The General Secretary (GS) serves as Executive Officer of the Board and of the Association. He supervises the work of all employees; and shall sign all orders on the Treasurer for the disbursement of funds. He is in attendance at all meetings of the Board.

Auditor The accounts of the Association are audited annually by a public accountant appointed by the Board of Directors.

Financial Management The financial statements of the Association are drawn up in accordance with the Statement of Recommended Accounting Practice (“RAP 6”) and Singapore Financial Reporting Standards (“FRS”).

34 YMCA Annual Report 2009 Fund Raising and Donations YMCA has established internal guidelines on fundraising that are adhered to for all fundraising events. These guidelines are based on the best practices set out by the National Council of Social Service and the Charity Council. The committee for each fundraising event consists of volunteers and it is also supported by staff. The donors are informed of our objectives and targets. The funds raised are for supporting YMCA Community Service Programmes, YMCA Project Bridge and YMCA-Lim Kim San Volunteers Programme.

Conflicts of Interests Policy

YMCA Annual Report 2009

Financial Statements STATEMENT BY BOARD OF DIRECTORS

Every person who has been or will be in any way, whether directly or indirectly, faced with a conflict situation (actual, potential or perceived) are required to make a full and frank disclosure to the parties responsible for making the decision and are excluded from the decision making process relating to that matter.

In the opinion of the Board of Directors, the financial statements of Young Men’s Christian Association of Singapore set out on pages 36 to 53 are properly drawn up so as to give a true and fair view of the state of affairs of the Association as at 31 December 2009 and of its financial activities, changes in general and specific funds and cash flows for the financial year ended on that date.

Immediate family members are treated as an interest of that person, and include the spouse, siblings, parents and children.

On behalf of the Directors,

All interested person transactions pertaining to staff of the YMCA must have obtained the prior approval of the GS. In any transaction that the GS is an interested person, prior approval must be obtained from the Audit Committee. Interested person transaction pertaining to the directors of the YMCA must obtain the prior approval of the President and any transaction that the President is an interested person must obtain the prior approval of the Audit Committee. All Directors made annual declaration at the beginning of the term.

Reserves Policy YMCA targets for an optimum of three years of operating reserves from surpluses generated through our social enterprises. These reserves will be the source of funding to ensure that our beneficiaries and the needy in the community will still be helped even when donations dry up or the economy is at a downturn, creating sustainability and continuity to the programmes that we had been running. As at the end of 2009, our ratio of reserves to annual operating expenditure stand at 2.318 years. The restricted funds set up by the YMCA and their purposes are as follows: I.

Building Asset Capitalisation Reserve was set up to match amounts on capital projects undertaken with past funds designated for that purpose. This fund will be amortised in line with the depreciation policy of the underlying capital projects.

II.

Disaster Relief Fund was set up for the purpose of supporting the major volunteer relief and rehabilitation works undertaken by the Association in Sri Lanka.

III.

Proyouth Village Fund was set up for the purpose of road repair in Proyouth Village in Siem Reap, Cambodia.

YMCA has also other designated and unrestricted funds set aside for various community programmes listed in Notes to the Financial Statements 9. YMCA has also designated a percentage of our annual surpluses from our social enterprises for large scale asset renewal as our capital replacement fund. This allows us to focus our fundraising efforts to sustain our programmes.

Investment Committee The Investment Committee is governed by the Investment Charter and the Investment Policy which are constantly reviewed to allow for flexibility according to the market environment. It is appointed by the BOD to exercise prudence and good stewardship in relation to the investment of YMCA funds to look into generating higher returns in the long run with a reasonable amount of risk.

Audit Committee The Audit Committee is appointed by the BOD to assist the BOD in fulfilling its oversight responsibilities for the financial reporting process, the system of internal control, the audit process, and YMCA’s process for monitoring compliance with laws and regulations and the code of conduct. The Audit Committee is guided by the Audit Committee Charter in terms of its roles and responsibilities.

Whistle Blowing Policy The YMCA Whistle Blowing policy aims to provide an avenue for employees and external parties to raise concerns and offer reassurance that they will be protected from victimization for whistle blowing in good faith. This policy covers issues where the following may be suspected: 1. Corruption;

STEPHEN LOH SUR YONG President Singapore, 23 March 2010

REPORT OF THE INDEPENDENT AUDITORS To the Members of Young Men’s Christian Association of Singapore We have audited the accompanying financial statements of Young Men’s Christian Association of Singapore (the “Association”), which comprise the balance sheet as at 31 December 2009, and the statement of financial activities, statement of changes in general and specific funds and cash flow statement of the Association for the financial year then ended, and a summary of significant accounting policies and other explanatory notes as set out on pages 36 to 53. Management’s Responsibilities for the Financial Statements The management is responsible for the preparation and fair presentation of these financial statements in accordance with the Statement of Recommended Accounting Practice (“RAP 6”) and Singapore Financial Reporting Standards. This responsibility includes: devising and maintaining a system of internal accounting controls sufficient to provide a reasonable assurance that assets are safeguarded against loss from unauthorised use or disposition; and transactions are properly authorised and that they are recorded as necessary to permit the preparation of true and fair statement of financial activities and balance sheet and to maintain accountability of assets; selecting and applying appropriate accounting policies; and making accounting estimates that are reasonable in the circumstances. Auditor’s Responsibility Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with Singapore Standards on Auditing. Those standards require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance whether the financial statements are free from material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor’s judgement, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the Association’s preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Association’s internal control. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of accounting estimates made by the management, as well as evaluating the overall presentation of the financial statements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion. Opinion In our opinion, a) the financial statements of the Association are properly drawn up in accordance with the Statement of Recommended Accounting Practice (“RAP 6”) and Singapore Financial Reporting Standards so as to give a true and fair view of the state of affairs of the Association as at 31 December 2009 and of its financial activities, changes in general and specific funds and cash flows for the financial year ended on that date; b) the accounting and other records required by the regulations enacted under Societies Act Cap. 311 to be kept by the Association have been properly kept in accordance with these regulations; c) the total fund-raising expenses of the Associati on did not exceed 30% of the total gross receipts from fund-raising; d) the use of donation money received is in accordance with the Association’s objectives; and e) the fund-raising appeals held during the financial year have been carried out in accordance with regulation 6 of the Charities (Fund-raising appeals) Regulations 2007 issued under the Charities Act, Cap. 37 and proper accounts and other records have been kept of the fund-raising appeals.

2. Acts of fraud; 3. Theft and/misuse of the Association’s properties, assets or resources; or 4. Breach of laws.

CHEW KWEE SAN Honorary Treasurer

DAVID YEUNG & CO PAC Public Accountants and Certified Public Accountants Singapore, 23 March 2010

YMCA Annual Report 2009

BALANCE SHEET As at 31 December 2009

STATEMENT OF FINANCIAL ACTIVITIES For the financial year ended 31 December 2009

Note

2009

2008

ASSETS NON-CURRENT ASSETS Property, plant and equipment

10,414,357

9,352,163

Available-for-sale financial assets

2,648,415

2,135,910

13,062,772

11,488,073

4,861

7,856

TOTAL NON-CURRENT ASSETS CURRENT ASSETS Inventories, cost Receivables

723,421

582,428

Prepayments

41,065

45,584

Deposits

37,876

38,550

Fixed deposits

4,627,450

3,874,793

Cash and bank balances

2,130,469

2,037,979

7,565,142

6,587,190

20,627,914

18,075,263

TOTAL CURRENT ASSETS TOTAL ASSETS

Note Incoming resources Incoming resources from generated funds Voluntary income Donations Activities for generating funds Child care and student care Education Hostel Lifestyle programmes – fitness & dance Lifestyle programmes – outdoors & adventure Fund raising events Other income Amortisation of Building Asset Capitalisation Reserve

Incoming resources from charitable activities Community services * International programmes Lifestyle programmes – performing arts TOTAL INCOMING RESOURCES

FUNDS

Less: Resources expended Costs of generating funds Child care and student care Education Hostel Lifestyle programmes – fitness & dance Lifestyle programmes – outdoors & adventure Membership and corporate communication Fund raising events Other operating expenses

UNRESTRICTED FUNDS Accumulated Fund Capital Replacement Fund Fair Value Reserve 8

12,091,695

11,482,543

172,315

1,173,772

(180,115)

(678,264)

980,839

762,863

4,884,803

3,204,710

126,190

315,004

RESTRICTED FUNDS Building Asset Capitalisation Reserve Other Funds

Club Account

TOTAL FUNDS

(778) 18,074,949

604 16,261,232

Investment income Interest and dividend income

FUNDS AND LIABILITIES

Other Funds

Resources expended on charitable activities Community services * International programmes Lifestyle programmes – performing arts

CURRENT LIABILITIES Payables and accruals TOTAL FUNDS AND LIABILITIES

2,552,965 20,627,914

1,814,031 18,075,263

Governance costs TOTAL RESOURCES EXPENDED Add/(less): Other recognised gains/(losses) (Loss)/Gain on disposal of property, plant and equipment Loss on disposal of available-for-sale financial assets Net movement in funds Fund balances at beginning of the year Net movement in specific funds Fund balances at end of the year

Unrestricted Funds

Restricted Funds

2009 Total

2008 Total

471,392

–

471,392

474,659

2,666,154 2,581,046 4,534,333 490,433 454,636 436,503 579,337 254,152 12,467,986

– – – – – – – – –

2,666,154 2,581,046 4,534,333 490,433 454,636 436,503 579,337 254,152 12,467,986

2,308,464 1,517,419 5,706,777 384,055 452,602 574,765 654,200 149,105 12,222,046

163,344

–

163,344

167,680

12,631,330

–

12,631,330

12,389,726

351,281 903,968 5,842

– – –

351,281 903,968 5,842

436,729 1,026,020 16,261

1,261,091

–

1,261,091

1,479,010

13,892,421

–

13,892,421

13,868,736

2,391,138 1,837,694 3,999,084 469,162 532,224 348,973 93,741 329,524

– – – – – – – –

2,391,138 1,837,694 3,999,084 469,162 532,224 348,973 93,741 329,524

2,454,060 1,252,924 4,404,806 458,224 453,201 330,689 116,850 206,569

10,001,540

–

10,001,540

9,677,323

1,036,354 910,536 109,437

– – –

1,036,354 910,536 109,437

1,103,189 1,020,218 94,900

2,056,327

–

2,056,327

2,218,307

74,335

–

74,335

45,722

12,132,202

–

12,132,202

11,941,352

(303) – (303)

– – –

(303) – (303)

3,952 (1,650) 2,302

1,759,916 12,740,914 (1,436,096)

– 3,520,318 1,489,897

1,759,916 16,261,232 53,801

1,929,686 15,148,911 (817,365)

13,064,734

5,010,215

18,074,949

16,261,232

* Community services are made up of the YMCA - Tan Chin Tuan Community Service Programmes (which consists of the Community Service and Project Bridge Programmes) and the YMCA - Lim Kim San Volunteer Programmes. The notes set out on pages 40 to 53 form an integral part of and should be read in conjunction with this set of financial statements.

The notes set out on pages 40 to 53 form an integral part of and should be read in conjunction with this set of financial statements.

YMCA Annual Report 2009

STATEMENT OF CHANGES IN GENERAL AND SPECIFIC FUNDS For the financial year ended 31 December 2009

Accumulated Fund S$

Capital Replacement Fund S$

Fair Value Reserve S$

Building Asset Capitalisation Reserve S$

Other Funds S$

CASH FLOW STATEMENT For the financial year ended 31 December 2009

Club Account S$

Total S$

Balance at 01.01.2008

10,672,569

776,630

42,944

3,053,825

603,543

(600)

15,148,911

Net surplus for the year – Unrestricted funds – Restricted funds

1,507,106 –

– –

422,580 51,744

– 1,204

1,929,686 52,948

–

(722,583)

–

(722,583)

Net fair value losses on available-for-sale financial assets recognised directly in equity Reversal of net fair value loss on available-for-sale financial assets realised

–

1,375

–

1,375

(697,132)

397,142

–

299,990

–

(149,105)

–

(149,105)

Balance at 31.12.2008

11,482,543

1,173,772

(678,264)

3,204,710

1,077,867

604

16,261,232

Balance at 01.01.2009

11,482,543

1,173,772

(678,264)

3,204,710

1,077,867

604

16,261,232

Net surplus/(deficit) for the year – Unrestricted funds – Restricted funds

1,541,940 –

– –

217,976 (188,814)

– (1,382)

1,759,916 (190,196)

–

495,250

–

495,250

Transfers during the year Amortisation of Building Asset Capitalisation Reserve

Net fair value gains on available-for-sale financial assets recognised directly in equity Reversal of net fair value loss on available-for-sale financial assets realised Transfers during the year Amortisation of Building Asset Capitalisation Reserve Balance at 31.12.2009

–

2,899

–

2,899

(932,788)

(1,001,457)

–

1,934,245

–

(254,152)

–

(254,152)

12,091,695

172,315

(180,115)

4,884,803

1,107,029

(778)

18,074,949

Note 8

Note 9

2009

2008

1,759,916

1,929,686

1,395,849 150,000 (254,152) – 303 – (163,344)

1,074,572 – (149,105) 10,460 (3,952) 1,650 (167,680)

2,888,572

2,695,631

Decrease/(Increase) in inventories Increase in receivables Increase/(Decrease) in payables

2,995 (138,217) 738,934

(3,822) (43,142) (387,132)

CASH FROM OPERATIONS Net cash generated from activities: Other specific funds Club activities

3,492,284

2,261,535

(185,640) (1,382)

51,744 1,204

NET CASH GENERATED FROM OPERATING ACTIVITIES

3,305,262

2,314,483

CASH FLOWS FROM INVESTING ACTIVITIES Purchase of tertiary education business Proceeds from disposal of available-for-sale financial assets Purchase of available-for-sale financial assets Proceeds from disposal of property, plant and equipment Purchase of property, plant and equipment Grants received from NCSS/CDC Interest and dividend received

(150,000) 250,000 (267,530) 257 (2,471,878) 13,275 165,761

– 250,000 (1,357,118) 15,470 (748,669) 83,615 170,944

NET CASH USED IN INVESTING ACTIVITIES

(2,460,115)

(1,585,758)

CASH FLOWS FROM FINANCING ACTIVITIES Fixed deposits subject to restriction

–

(80,850)

NET CASH USED IN FINANCING ACTIVITIES

–

(80,850)

NET INCREASE IN CASH AND CASH EQUIVALENTS CASH AND CASH EQUIVALENTS AT BEGINNING OF THE YEAR

845,147 5,831,922

647,875 5,184,047

CASH AND CASH EQUIVALENTS AT END OF THE YEAR

6,677,069

5,831,922

CASH AND CASH EQUIVALENTS COMPRISE: Cash and bank balances Fixed deposits

2,130,469 4,627,450

2,037,979 3,874,793

Less: Fixed deposit subject to restriction *

6,757,919 (80,850)

5,912,772 (80,850)

6,677,069

5,831,922

CASH FLOWS FROM OPERATING ACTIVITIES Net surplus for the year Adjustments for: Depreciation of property, plant and equipment Amortisation of goodwill Amortisation of Building Asset Capitalisation Reserve Bad debts written off (Loss)/Gain on disposal of property, plant and equipment Loss on disposal of available-for-sale financial assets Interest and dividend income OPERATING SURPLUS BEFORE WORKING CAPITAL CHANGES

* Fixed deposit is pledged to secure guarantee given

The notes set out on pages 40 to 53 form an integral part of and should be read in conjunction with this set of financial statements.

40 YMCA Annual Report 2009

YMCA Annual Report 2009

NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2009 These notes form an integral part of and should be read in conjunction with the accompanying financial statements.

GENERAL

NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2009

SIGNIFICANT ACCOUNTING POLICIES (continued) b)

The Association makes allowances for bad and doubtful debts based on assessment of the recoverability of trade and other receivables. Allowances are applied to trade and other receivables where events or changes in circumstances indicate that the balances may not be collectible. The identification of bad and doubtful debts required the use of judgement and estimates. Where the expected outcome is different from original estimate, such difference will impact carrying value of trade and other receivables and doubtful debt expenses in the period in which such estimate had been changed.

The address of registered office and principal place of operation of the Association is at 1 Orchard Road, Singapore 238824.

The carrying values of property, plant and equipment are reviewed for impairment when events or changes in circumstances indicate that the carrying value may not be recoverable.

Basis of Preparation The financial statements of the Association have been prepared in accordance with the historical cost convention, except as disclosed in the accounting policies below, and are drawn up in accordance with the Statement of Recommended Accounting Practice (“RAP 6”) and Singapore Financial Reporting Standards (“FRS”).

The residual value, useful life and depreciation method are reviewed at each financial year-end to ensure that amount, method and period of depreciation are consistent with previous estimates and the expected pattern of consumption of the future economic benefits embodied in the items of property, plant and equipment.

In the current financial year, the Association has adopted all the new and revised FRS and Interpretations of FRS (“INT FRS”) that are relevant to its operations and effective for annual period beginning on or after 1 January 2009. The adoption of these new/revised FRSs and INT FRSs have no material effect on the financial statements. b)

An item of property, plant and equipment is derecognised upon disposal or when no future economic benefits are expected from its use or disposal. Any gain or loss arising on derecognition of the asset is included in the statement of financial activities in the year the asset is derecognised. Depreciation is calculated on the straight-line method so as to write off the costs of the property, plant and equipment over their estimated useful lives as follows:-

Significant Accounting Estimates and Judgements Estimates, assumptions concerning the future and judgements are made in the preparation of the financial statements. They affect the application of the Association’s accounting policies, reporting amounts of assets, liabilities, income and expense and disclosures made. They are assessed on an ongoing basis and are based on experience and relevant factors, including expectations of future events that are believed to be reasonable under the circumstances.

Leasehold land & building Plant and machinery Renovations Computer equipment Office equipment Furniture and fittings Computer software

The critical accounting estimates and assumptions used and areas involving a high degree of judgement are described below. Critical assumption used and accounting estimate in applying accounting policies

During the financial year, the Association changed its accounting estimate of internal renovation from 8 to 5 years. The impact of the change in accounting estimate results in a decrease in the Association’s funds by S$120,939 and increase in the accumulated depreciation as at 31 December 2009 by S$120,939. The management is of the opinion that the change would better reflect the usage of the renovation. d)

Critical judgement made in applying accounting policies

Assets-related grants are deducted from the cost of acquisition of the asset to arrive at the carrying amount which is then depreciated in accordance with the accounting policy on property, plant and equipment and depreciation.

Impairment of property, plant and equipment

Impairment of available-for-sale investments The Association reviews its debt securities classified as available-for-sale investments at each balance sheet date to assess whether they are impaired. The Association also records impairment charges on available-for-sale equity investments when there has been a significant or prolonged decline in the fair value below their cost. The determination of what is “significant” or “prolonged” requires judgement. In making this judgement, the Association evaluates, among other factors, historical share price movements and the duration and extent to which the fair value of an investment is less than its cost.

Government Grants A government grant is recognised when there is reasonable assurance that the conditions attaching to it will be complied with and the grant will be received.

In the process of applying the entity’s accounting policies, management had made the following judgements that have the most significant effect on the amount recognised in the financial statements. The Association assesses annually whether property, plant and equipment have any indication of impairment in accordance with the accounting policy. The recoverable amounts of property, plant and equipment have been determined based on value-in-use calculations. These calculations require the use of judgement and estimates.

2% 12.5% 12.5% to 20% 20% to 33.3% 20% 20% 33.3%

Fully depreciated property, plant and equipment are retained in the financial statements until they are no longer in use.

Depreciation of property, plant and equipment Property, plant and equipment are depreciated on straight-line basis over their estimated useful lives. Management estimated the useful lives of these property, plant and equipment to be within 3 to 50 years. The carrying amount of the Association’s property, plant and equipment as at 31 December 2009 was S$10,414,357. Changes in the expected level of usage could impact the economic useful lives and the residual values, if any, of these assets, therefore future depreciation charges could be revised.

Property, Plant and Equipment and Depreciation Property, plant and equipment are stated at cost less accumulated depreciation and accumulated impairment losses.

SIGNIFICANT ACCOUNTING POLICIES a)

Significant Accounting Estimates and Judgements (continued) Allowance for bad and doubtful debts

Young Men’s Christian Association of Singapore (the “Association”) is registered in Singapore under the Societies Act and the Charities Act. The principal activities of the Association consist of community services, education and child care services, sports and recreation and running of a hostel. The Association is a member of National Council of Social Service.

The financial statements of the Association are expressed in Singapore dollars.

Financial Assets Classification The Association classifies its financial assets as available-for-sale financial assets and loans and receivables. The classification depends on the purpose for which the assets were acquired. Management determines the classification of its financial assets at initial recognition and re-evaluates this designation at every reporting date. Available-for-sale financial assets Available-for-sale financial assets are non-derivative financial assets that are either designated in this category or not classified in any of the other categories as prescribed in FRS 39. They are included in non-current assets unless management intends to dispose of the assets within 12 months after the balance sheet date.

42 YMCA Annual Report 2009

YMCA Annual Report 2009

NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2009

SIGNIFICANT ACCOUNTING POLICIES (continued) e)

Financial Assets (continued)

NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2009

SIGNIFICANT ACCOUNTING POLICIES (continued) g)

Financial assets are derecognised when the rights to receive cash flows from the assets have expired or have been transferred and the Association has transferred substantially all risks and rewards of ownership. Measurement

Financial Liabilities Financial liabilities include trade and other payables. Financial liabilities are recognised on the balance sheet when, and only when, the Association becomes a party to the contractual provisions of the financial instrument. Financial liabilities are initially recognised at fair value, plus, in the case of financial liabilities other than derivatives, directly attributable transactions costs. Subsequent to initial recognition, all financial liabilities are measured at amortised cost using the effective interest method, except for derivatives, which are measured at fair value.

Determination of fair value

For financial liabilities other than derivatives, gains and losses are recognised in the statement of financial activities when the liabilities are derecognised, and through the amortisation process. Any gains or losses arising from changes in fair value of derivatives are recognised in the statement of financial activities. Net gains or losses in derivatives include exchange differences.

The fair values of quoted financial assets are based on current bid prices. Impairment Available-for-sale financial assets

A financial liability is derecognised when the obligation under the liability is extinguished. When an existing financial liability is replaced by another from the same lender on substantially different terms, or the terms of an existing liability are substantially modified, such an exchange or modification is treated as a derecognition of the original liability and the recognition of a new liability, and the difference in the respective carrying amounts is recognised in the statement of financial activities. l)

Income Recognition Income is recognised to the extent that it is probable that the economic benefits will flow to the Association and the income can be reliably measured. Income is measured at the fair value of consideration received or receivable. Income is recognised on the following basis:

Loans and receivables

Donations – when money is received or pledged and collection is certain

Significant financial difficulties of the debtor, probability that the debtor will enter bankruptcy, and default or significant delay in payments are objective evidence that these financial assets are impaired.

ii)

Education and Child and Student Care – over the period of instruction and care given to the student and child

iii)

Other services – when services are rendered

iv)

Interest – on an effective interest basis over the period of placement of bank deposits

The carrying amount of these assets is reduced through the use of an impairment allowance account which is calculated as the difference between the carrying amount and the present value of estimated future cash flows, discounted at the original effective interest rate. When the asset becomes uncollectible, it is written off against the allowance account. Subsequent recoveries of amounts previously written off are recognised against the same line item in the statement of financial activities. The allowance for impairment loss account is reduced through the statement of financial activities in a subsequent period when the amount of impairment loss decreases and the related decrease can be objectively measured. The carrying amount of the asset previously impaired is increased to the extent that the new carrying amount does not exceed the amortised cost had no impairment been recognised in prior periods. f)

Club Accounts Club accounts are maintained for clubs involved in various activities. Income and expenditure of the clubs are taken directly to the club accounts.

Loans and receivables are subsequently carried at amortised cost using the effective interest method less impairment.

The Association assesses at each balance sheet date whether there is objective evidence that a financial asset or a group of financial assets is impaired. In the case of equity investments classified as available for sale, a significant or prolonged decline in the fair value of the investment below its cost is considered in determining whether the investments are impaired. If an available-for-sale financial asset is impaired, an amount comprising the difference between its cost (net of any principal payment and amortisation) and its current fair value, less any impairment loss previously recognised in the statement of financial activities, is transferred from equity to the statement of financial activities. Reversals of impairment losses in respect of equity instruments are not recognised in the statement of financial activities. Reversals of impairment losses on debt instruments are recognised in the statement of financial activities if the increase in fair value of the debt instrument can be objectively related to an event occurring after the impairment loss was recognised in the statement of financial activities.

Funds Unless specifically indicated, fund balances are not represented by any specific accounts, but are represented by all assets of the Association.

Financial assets are initially recognised at fair value plus directly attributable transaction costs. Available-for-sale financial assets are subsequently carried at fair value less impairment. Unrealised gains and losses arising from changes in the fair value of available-for-sale financial assets are recognised in the fair value reserve within equity. When available-for-sale financial assets are sold or impaired, the accumulated fair value adjustments in the fair value reserve within equity are included in the statement of financial activities.

Building Asset Capitalisation Reserve Designated donations for the renovation/construction of the YMCA building are credited to the Building Asset Capitalisation Reserve. These amounts are recognised in the statement of financial activities over the period necessary to match the depreciation on the portion of the certification of the renovation/ construction funded by such donations.

Recognition and derecognition Regular way purchases and sales of financial assets are recognised on trade-date – the date on which the Association commits to purchase or sell the asset.

Cash and Cash Equivalents Cash and cash equivalents consist of cash in hand and at bank and fixed deposits net of fixed deposit subject to restriction which form part of the Association’s cash management that are readily convertible to known amounts of cash and subject to insignificant risk of changes in value.

Loans and receivables Loans and receivables are non-derivative financial assets with fixed or determinable payments that are not quoted in an active market. These arise when the Association provides money, goods or services directly to a debtor with no intention of trading the receivable. Loans and receivables consist of cash and cash equivalents and trade and other receivables.

Dividend – when the Association’s right to receive payment is established

vi)

Rental – on a straight-line basis over the lease terms

Employee Benefits Defined Contribution Plans The Association makes contribution to the Central Provident Fund scheme in Singapore, a defined contribution pension scheme. Contributions are recognised as an expense in the period in which the related service is performed.

Inventories

Employee Leave Entitlement

Inventories comprising goods like souvenirs for resale, are stated at the lower of cost and net realisable value. Cost is determined on the specific identification basis.

Employee entitlement to annual leave is recognised when it accrues to employees. An accrual is made for the estimated liability for leave as a result of services rendered by employees up to the balance sheet date.

44 YMCA Annual Report 2009

YMCA Annual Report 2009

9,352,163 11,983 6,285,952 At 31.12.2008

The land is leased for 999 years commencing from November 1902. No capital sum was paid for the lease.

152,963 94,174 76,211 – 2,650,523

10,793 157,995 144,635 58,326 – 3,931,941 66,299 6,044,368 At 31.12.2009

Net Book Value

80,357

10,414,357

17,022,194 196,786 1,012,789 124,562 261,144 – 8,138,142 1,253,944 6,034,827 At 31.12.2009

(15,755) – (4,780) (10,975) – – – – – Disposals

1,395,849 5,489 49,483 36,856 36,968 – 1,004,389 21,080 241,584 Depreciation for the year

15,642,100 191,297 968,086 98,681 224,176 – 7,133,753 1,232,864 5,793,243 At 31.12.2008 and 01.01.2009

(79,223) – (3,112) – – (65,267) (7,663) (3,181) – Disposals

1,074,572 2,127 48,879 29,343 30,205 – 694,780 27,654 241,584

189,170 922,319 69,338 193,971 65,267 6,446,636 1,208,391 5,551,659 At 01.01.2008

Accumulated Depreciation

Depreciation for the year

14,646,751

27,436,551 207,579 1,170,784 269,197 319,470 – 12,070,083 1,320,243 12,079,195 At 31.12.2009

(16,315)

(13,275) (4,060)

– (4,780)

– –

(11,535) –

(9,215) –

– –

– – –

–

Grant received

Disposals

–

2,471,878 8,359 54,515 87,877 28,298 – 2,285,807 7,022 – Additions

24,994,263 203,280 1,121,049 192,855 300,387 – 9,784,276 1,313,221 12,079,195 At 31.12.2008 and 01.01.2009

(90,741) – (3,746) – – (65,268) (18,280) – Disposals

(3,447)

(83,615) – – – – – (83,615) –

24,419,950

748,669 14,071

189,209 1,058,195

66,600 63,116

129,739 237,562

62,825 –

65,268 9,357,099

529,072 12,985

S$ S$

1,303,683

Renovations

12,079,195

–

Provisions are reviewed at each balance sheet date and adjusted to reflect the current best estimate. If it is no longer probable that an outflow of economic resources will be required to settle the obligation, the provision is reversed. If the effect of the time value of money is material, provisions are discounted using a current pre tax rate that reflects, where appropriate, the risks specific to the liability. When discounting is used, the increase in the provision due to the passage of time is recognised as a finance cost.

Grant received

Provisions are recognised when the Association has a present obligation (legal or constructive) as a result of a past event, it is probable that an outflow of resources embodying economic benefits will be required to settle the obligation and a reliable estimate can be made of the amount of the obligation.

–

Provisions

Cost

A contingent asset is a possible asset that arises from past events and whose existence will be confirmed only by the occurrence or non-occurrence of one or more uncertain future events not wholly within the control of the Association. Contingent assets are not recognised but are disclosed in the notes to the financial statements when an inflow of economic benefits is probable. When inflow is virtually certain, an asset is recognised.

A contingent liability is a possible obligation that arises from past events and whose existence will only be confirmed by the occurrence or non-occurrence of one or more uncertain future events not wholly within the control of the Association. It can also be a present obligation arising from past events that is not recognised because it is not probable that outflow of economic resources will be required or the amount of obligation cannot be measured reliably. A contingent liability is not recognised but is disclosed in the notes to the financial statements. When a change in the probability of an outflow occurs so that outflow is probable, they will then be recognised as a provision.

Plant & Machinery

Contingent Liabilities and Assets

PROPERTY, PLANT AND EQUIPMENT

Motor Vehicle

An assessment is made at each reporting date as to whether there is any indication that previously recognised impairment losses recognised for an asset may no longer exist or may have decreased. If such indication exists, the recoverable amount is estimated. A previously recognised impairment loss is reversed only if there has been a change in the estimates used to determine the asset’s recoverable amount since the last impairment loss was recognised. If that is the case the carrying amount of asset is increased to its recoverable amount. That increased amount cannot exceed the carrying amount that would have been determined, net of depreciation, had no impairment loss recognised for the asset in prior years. Reversal of an impairment loss is recognised in the statement of financial activities unless the asset is carried at revalued amount, in which case the reversal in excess of impairment loss previously recognised through the statement of financial activities is treated as a revaluation increase. After such a reversal, the depreciation charge is adjusted in the future periods to allocate the asset’s revised carrying amount, less any residual value, on a systematic basis over its remaining useful life.

Computer Equipment

Office Equipment

An asset’s recoverable amount is the higher of an asset’s or cash-generating unit’s fair value less costs to sell and its value in use and is determined for an individual asset, unless the asset does not generate cash inflows that are largely independent of those from other assets or group of assets. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value and the risks specific to the asset. When the carrying amount of an asset exceeds its recoverable amount, the asset is considered impaired and is written down to its recoverable amount. Impairment losses of continuing operations are recognised in the statement of financial activities ‘impairment losses’ or treated as a revaluation decrease for assets carried at revalued amount to the extent that the impairment loss does not exceed the amount held in the asset revaluation reserve for that same asset.

Furniture & Fittings

The Association assesses at each reporting date whether there is an indication that an asset may be impaired. If any such indication exists, or when annual impairment testing for an asset is required, the Association makes an estimate of the asset’s recoverable amount.

Impairment of Non-Financial Assets

Leasehold Land & Building

Computer Software

Leases where the lessor effectively retains substantially all the risks and benefits of ownership of the leased item, are classified as operating leases. Operating lease payments are recognised as an expense in the statement of financial activities on a straight-line basis over the lease term.

At 01.01.2008

Leases

Additions

Total

SIGNIFICANT ACCOUNTING POLICIES (continued)

NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2009

46 YMCA Annual Report 2009 NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2009

YMCA Annual Report 2009

NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2009

AVAILABLE-FOR-SALE FINANCIAL ASSETS

5. 2009 S$

RECEIVABLES

2008

2009

2008

508,758 214,663

265,832 316,596

723,421

582,428

Trade receivables Other receivables

Quoted investments Bonds Balance at beginning of the year Additions during the year Disposal during the year Net fair value gains/(losses) recognised in equity

1,205,150 211,875 (250,275) 57,475

Balance at end of the year

1,224,225

756,250 738,500 (250,275) (39,325)

Trade receivables include amount of S$464,288 (2008: S$185,679) which are past due at the balance sheet date but not impaired. The table below is an aging analysis of trade receivables at the balance sheet date:

1,205,150

Equities Balance at beginning of the year Additions during the year Net fair value gains/(losses) recognised in equity

639,300 – 268,380

821,800 263,020 (445,520)

Balance at end of the year

907,680

639,300

Balance at beginning of the year Additions during the year Net fair value gains/(losses) recognised in equity

291,460 55,655 169,395

173,600 355,598 (237,738)

Balance at end of the year

516,510

291,460

2,648,415

2,135,910

Not past due Past due 1-30 days Past due 31-60 days Past due 61-90 days Past due 91-120 days Past due more than 120 days

Unit trusts

Total available-for-sale financial assets at end of the year

Quoted prices in active markets for identical instruments

Significant other observable inputs

Significant unobservable inputs

Total

(Level 1) S$

(Level 2) S$

(Level 3) S$

– Bonds – Equities – Unit trusts

1,224,225 907,680 516,510

– – –

1,224,225 907,680 516,510

At 31.12.2009

2,648,415

–

2,648,415

2008

44,470 187,035 57,824 162,685 370 56,374

80,153 84,083 45,184 9,890 4,127 42,395

508,758

265,832

FIXED DEPOSITS Fixed deposits earned interest at 0.15% to 0.924% (2008: 0.5% to 2.125%) per annum and mature within 1 month to 6 months (2008: 1 month to 6 months). As at 31 December 2009, a financial institution had issued a letter of guarantee of S$80,850 (2008: S$80,850) to a third party on behalf of the Association, with a charge on a fixed deposit of an equivalent amount (Note 22).

The following table shows an analysis of financial instruments carried at fair value by level of fair value hierarchy: 2009

2009

CASH AND BANK BALANCES Cash and bank balances are denominated in the following currencies:

Available-for-sale financial assets

Fair value hierarchy The Association classifies fair value measurement using a fair value hierarchy that reflects the significance of the inputs used in making the measurements. The fair value hierarchy has the following levels: • Level 1 – Quoted prices (unadjusted) in active markets for identical assets • Level 2 – Inputs other than quoted prices included within Level 1 that are observable for the asset, either directly (i.e., as prices) or indirectly (i.e., derived from prices), and • Level 3 – Inputs for the asset that are not based on observable market data (unobservable inputs) Determination of fair value Quoted bonds, equities and unit trusts: Fair value is determined directly by reference to their published market bid price at the balance sheet date.

Chinese Renminbi New Zealand dollars Singapore dollars United States dollars Malaysian Ringgit

2009

2008

240

1,178

2,123,745

2,024,328

6,440

12,233

267

–

2,130,469

2,037,979

48 YMCA Annual Report 2009

YMCA Annual Report 2009

NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2009

OTHER FUNDS

11. OTHER INCOME At beginning of year

Receipt

Expense

At end of year

Other income comprise of: Rental Membership and corporate communication Sundries

Unrestricted Funds Community Service Fund Financial Assistance Scheme Project Bridge Fund YMCA-Lim Kim San Volunteers Programme Fund

62,757 147,895 109,899

482,084 16,500 108,249

(418,475) (72,349) (25,171)

126,366 92,046 192,977

442,312

225,407

(98,269)

569,450

762,863

832,240

(614,264)

980,839

314,027 977

769 16,960

(206,173) (370)

108,623 17,567

315,004

17,729

(206,543)

126,190

1,077,867

849,969

(820,807)

1,107,029

Amortisation of goodwill # Bad debts recovered Bad debts written off Depreciation Exchange difference Staff costs * comprise: – Salaries and other costs – Employer’s contribution to CPF – Grant from jobs credit scheme

Financial Assistance Scheme was set up for the purpose of offering temporary financial assistance to help those in distress rise above their emergency situation.

YMCA – Lim Kim San Volunteers Programme Fund was set up for the purpose of promoting volunteerism and to recruit, retain and motivate volunteers. Disaster Relief Fund was set up for the purpose of supporting the major volunteer relief and rehabilitation works undertaken by the Association. Proyouth Village Fund was set up for the purpose of road repair in Proyouth Village in Siem Reap, Cambodia.

CLUB ACCOUNT At beginning of year

Receipt

Expense

At end of year

604

5,773

Toastmasters Club

(7,155)

(778)

10. PAYABLES AND ACCRUALS

Trade payables Accrued operating expenses Other payables Deposits payable Funds received in advance

2009

2008

920,548 372,629 604,245 343,571 311,972

746,971 204,240 392,635 385,265 84,920

2,552,965

1,814,031

2008

387,616 91,589 100,132

462,835 61,911 129,454

579,337

654,200

2009

2008

Net movement in funds for the year is arrived at after charging/(crediting):

Community Service Fund was set up for the purpose of funding community service programmes.

Project Bridge Fund was set up mainly for the purpose of providing academic progammes and personal developments for early school leavers and youth-at-risk.

2009

12. NET MOVEMENT IN FUNDS

Restricted Funds Disaster Relief Fund Proyouth Village Fund

150,000 (442) – 1,395,849 (9,529)

– – 10,460 1,074,572 (1,293)

5,570,311 556,403 (431,193)

5,587,945 571,618 –

The Association entered into an agreement for the purchase of a portion of the Times Education Services (“TES”) business at a purchase price of S$150,000 to be effected on 1 January 2009. This purchase of business (and not shares) pertains to the right to be the universities’ sole representative in Singapore to offer certain programmes by way of part-time and distance learning. This amount has been fully amortised during the year.

* Includes key management compensation as disclosed in Note 13 below.

13. KEY MANAGEMENT PERSONNEL Key management personnel of the Association are those having the authority and responsibility for planning, directing and controlling the activities of the Association. The members of the Board of Directors and the Senior Management Team are considered as key management personnel of the Association.

Key management compensation comprises: Salaries and other short-term employee benefits Employer’s contribution to CPF Grant from jobs credit scheme

2009

2008

414,667 52,139 (15,085)

410,673 46,959 –

451,721

457,632

The number of key executives who received emoluments above S$100,000 for the financial year is two employees (2008: 1) with emoluments above S$100,000 but less than S$140,000. None of the directors received any emoluments in respect of their service as directors of the Association for both of the financial years.

NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2009

19. FINANCIAL RISK MANAGEMENT POLICIES (continued)

14. TAX EXPENSE The Association has been registered as a charity under the Charities Act and is exempted from income tax for the financial year under the provisions of the Income Tax Act Cap. 134.

15. TAX EXEMPT DONATIONS The Association received tax exempt donations amounting to S$810,258 (2008: S$993,923) during the financial year.

Capital expenditure contracted but not provided for in the financial statements: 2009

2008

56,201

2,196,750

Interest rate risk is the risk that the fair value or future cash flows of the Association’s financial instruments will fluctuate because of changes in market interest rates. The Association’s interest rate exposure relates primarily to its investment portfolio in fixed deposits and bonds. As at balance sheet date, the Association is not significantly exposed to interest rate risk. Price Risk

Credit Risk Credit risk refers to the risk that counterparty will default on its contractual obligations resulting in financial loss to the Association. The Association has adopted the policy of only dealing with creditworthy counterparties as a means of mitigating the risk of financial loss from defaults. The Association does not expect to incur material credit losses on its financial assets. Financial assets that are neither past due nor impaired

17. RELATED PARTY TRANSACTIONS The following transactions took place between the Association and the related parties who are the directors of the Association during the financial year:

Purchase of services from a director related company

Interest Rate Risk

The Association is exposed to securities price risk because of the investments held by the Association which are classified on the balance sheet as available-for-sale financial assets. To manage its price risk arising from investments in securities, the Association diversifies its portfolio. Diversification of the portfolio is done in accordance with the asset allocation set by the Association, which is reviewed on a regular basis.

16. CAPITAL COMMITMENTS

Renovation of property

YMCA Annual Report 2009

2009

2008

143,279

216,758

Trade receivables that are neither past due nor impaired are creditworthy debtors. Cash and cash equivalents that are neither past due nor impaired are placed with financial institutions licenced by the Monetary Authority of Singapore and covered under the Singapore Government Guarantee effective from 16 October 2008 until 31 December 2010. Financial assets that are either past due or impaired Information regarding financial assets that are either past due or impaired is disclosed in Note 5. Liquidity Risk The Management manages the liquidity prudently and aims at maintaining an adequate level of liquidity.

18. OPERATING LEASE COMMITMENTS

20. RESERVES POLICY

Rental of copiers for the year amounts to S$45,337 (2008: S$31,252). At balance sheet date, the Association was committed to make the following lease payments in respect of the rent of its copiers with a term of more than one year:

Within 1 year After 1 year but within 5 years

2009

2008

28,798 71,891

36,844 16,791

100,689

53,635

None of the leases include contingent rent.

19. FINANCIAL RISK MANAGEMENT POLICIES Financial risk management objectives and policies The management of the Association monitors and manages the financial risk relating to the operations of the Association to ensure appropriate measures are implemented in a timely and effective manner. These risks include market risk, credit risk and liquidity risk. Foreign Currency Risk The Association has minimal dealings in foreign currencies and as such, the Association is not significantly exposed to foreign currency risk.

The following table sets out the reserves position as at the balance sheet date: 2009

2008

% Increase/

(Decrease)

12,091,695

11,482,543

– Capital Replacement Fund

172,315

1,173,772

(85)

– Fair Value Reserve

(180,115)

(678,264)

– Other Funds

980,839

762,863

13,064,734

12,740,914

4,884,803

3,204,710

126,190

315,004

(60)

604

>(100)

Unrestricted Funds (*Reserves) – Accumulated Fund

Restricted Funds – Building Asset Capitalisation Reserve – Other Funds – Club Account Total Funds Ratio of *reserves to annual operating expenditure (year)

(778) 18,074,949

16,261,232

2.318

2.019

YMCA Annual Report 2009

NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2009

20. RESERVES POLICY (continued)

24. FRS AND INT FRS NOT YET ADOPTED

The reserves that the Association has set aside provide financial stability and the means for the development of the Association’s principal activity. The Association targets for an optimum of three years of operating reserves from surpluses generated through its social enterprises. These reserves will be critical when donations dry up or the economy is at a downturn. The Association has set aside a percentage of its surpluses for large scale asset renewal as capital replacement fund. This allows the Association fundraising efforts to sustain its programmes and not to be detracted from fundraising for asset renewal purposes when the need arises. The Board regularly reviews the amount of reserves that are required to ensure that they are adequate to fulfill the Association’s continuing obligations.

21. CLASSIFICATION OF FINANCIAL ASSETS AND FINANCIAL LIABILITIES The following table sets out the financial instruments as at the balance sheet date: 2009

2008

Assets Available-for-sale financial assets Loans and receivables: Receivables Deposits Fixed deposits Cash and bank balances

2,648,415

2,135,910

723,421 37,876 4,627,450 2,130,469

582,428 38,550 3,874,793 2,037,979

Total financial assets

10,167,631

8,669,660

Total non-financial assets

10,460,283

9,405,603

Total assets

20,627,914

18,075,263

Liabilities Total financial liabilities Payables and accruals at amortised cost Total liabilities

2,552,965 2,552,965

1,814,031 1,814,031

22. CONTINGENT LIABILITY As at 31 December 2009, a financial institution had issued a letter of guarantee of S$80,850 (2008: S$80,850) to a third party on behalf of the Association, with a charge on a fixed deposit of an equivalent amount (Note 6).

23. FAIR VALUES The carrying amounts of the Association’s financial assets and financial liabilities recorded in the financial statements approximate their fair values, determined in accordance with the accounting policies disclosed in Note 2 to the financial statements.

The Association has not applied the following Standards and Interpretations that have been issued but not yet effective: Effective for annual periods Description Amendments to FRS 27

beginning on or after Consolidated and Separate

1 July 2009

Financial Statements Amendments to FRS 32

Classification of Rights issues

1 February 2010

Amendments to FRS 39

Financial Instruments: Recognition and Measurement – Eligible Hedged Items

1 July 2009

Amendments to FRS 101

Additional Exemption for First-Time Adopters

1 January 2010

Amendments to FRS 102

Group Cash-Settled Share-Based payment Transactions

1 January 2010

Revised FRS 103

Business Combinations

1 July 2009

Amendments to INT FRS 109

Reassessment of Embedded Derivatives

30 June 2009

Amendments to INT FRS 114

Prepayments of A Minimum Funding Requirement

1 January 2011

INT FRS 117

Distributions of non-cash Assets to Owners

1 July 2009

INT FRS 118

Transfer of Assets from Customers

1 July 2009

INT FRS 119

Extinguishing Financial Liabilities with

1 July 2010

Equity Instruments Improvements to FRSs issued in 2009: – FRS 39 Financial Instruments:

Recognition and Measurement

1 January 2010

– Amendments to FRS 1

Presentation of Financial Statements

1 January 2010

– Amendments to FRS 7

Statement of Cash Flows

1 January 2010

– Amendments to FRS 17

Lease

1 January 2010

– Amendments to FRS 36

Impairment of Assets

1 January 2010

– Amendments to FRS 38

Intangible Assets

1 July 2009

– Amendments to FRS 102

Share-Based Payment

1 July 2009

– Amendments to FRS 105

Non-Current Assets Held for Sale and Discontinued Operations

1 January 2010

– Amendments to FRS 108

Operating Segments

1 January 2010

– Amendments to INT FRS 109

Reassessment of Embedded Derivatives

1 July 2009

– Amendments to INT FRS 116

Hedges of A net Investment in a Foreign Operation

1 July 2009

The initial application of these Standards, Amendments and Interpretations are not expected to have any material impact on the Association’s financial statements. The Association has not considered the impact of Accounting Standards issued after the balance sheet date.

25. AUTHORISATION OF FINANCIAL STATEMENTS The financial statements of the Association for the financial year ended 31 December 2009 were authorised for issue in accordance with a resolution of the Board of Directors dated 23 March 2010.

YMCA International House

One Orchard Road S(238824)

Tel: 6336 6000

Tel: 6336 6000 Fax: 6336 8003

Email: hostel@ymca.org.sg

Website: www.ymca.org.sg

Website: www.ymcaih.com.sg

General Secretary’s Office

Y-Café

Tel: 6586 2202

Tel: 6586 2270

Corporate Services

YMCA SCC @ St. Margaret c/o St. Margaret’s Primary School

YMCA Education Services

99 Wilkie Road S(228091)

Christian Development

YMCA SCC @ Seng Kang c/o: Seng Kang Primary School 21 Compassvale Walk S(545166) Tel: 6384 4860 Fax: 6384 1653 Email: skscc@ymca.edu.sg

YMCA School

Tel: 6333 5084 Fax: 6333 6084

Tel: 6586 2242

Tel: 6586 2222

Email: smscc@ymca.edu.sg

Email: seraphng@ymca.org.sg

Email: eductr@ymca.edu.sg

Corporate Affairs

Website: www.ymca.edu.sg

YMCA SCC @ Tao Nan c/o: Tao Nan School

Tel: 6586 2254

YMCA Tertiary Education

Email: corpaffairs@ymca.org.sg

Tel: 6586 2378

Member Services

Email: seantan@ymca.edu.sg

Tel: 6586 2255/56

Website: www.ymca.edu.sg/tertiary

Email: members@ymca.org.sg Human Resources Tel: 6586 2231 Email: hr@ymca.org.sg

Programmes Tel: 6586 2312 Email: programmes@ymca.org.sg YMCA Tan Chin Tuan Community Service Programmes Tel: 6586 2347 Email: ysp@ymca.org.sg YMCA - Lim Kim San Volunteers Programme Tel: 6586 2352 Email: volunteer@ymca.org.sg International Programmes Tel: 6586 2333

YMCA Childcare Development Centres & YMCA Student Care Centres Tel: 6586 2222 Email: cdcscc@ymca.edu.sg Website: www.ymca.edu.sg/cdcscc YMCA CDC @ Bukit Batok Blk 225 Bukit Batok Central #01-89 S(650225) Tel: 6665 0342 Email: bbcdc@ymca.edu.sg YMCA CDC @ Woodlands Blk 171 Woodlands Street 11 #01-55 S(730171) Tel: 6269 4125 Email: wlcdc@ymca.edu.sg YMCA CDC @ Zhenghua

Email: international@ymca.org.sg

Blk 510 Jelapang Road #01-68 S(670510)

Youth Development Programmes

Tel: 6892 2430

Tel: 6586 2355 / 53

Email: zhcdc@ymca.edu.sg

Citibank-YMCA Youth For Causes

YMCA SCC @ Canberra

Tel: 6586 2353

Blk 471 Sembawang Drive #01-421 S(750471)

Email: yfc@ymca.org.sg YMCA FACES (Financial Assistance cum Capability for Employment Scheme)

Tel: 6756 4469 Fax: 6756 4979 Email: cbscc@ymca.edu.sg

Tel: 6586 2205

YMCA SCC @ Gan Eng Seng c/o: Gan Eng Seng Primary School

Lifestyle Programmes

100 Redhill Close S(158901)

Tel: 6586 2256

Tel: 6479 0601 Fax: 6479 0601

Email: members@ymca.org.sg

Email: gescc@ymca.edu.sg

YMCA Project Bridge

YMCA SCC @ Jurong West

Blk 892B Woodlands Drive 50 #01-177 S(731892)

Blk 666A Jurong West Street 65 #01-191 S(641666)

Tel: 6362 0700 Fax: 6365 6039

Tel: 6794 7759 Fax: 6794 7763

Email: isaaclim@ymca.org.sg

Email: jwscc@ymca.edu.sg

49 Marine Crescent S(449761) Tel: 6244 0681 Fax: 6244 8279 Email: tnscc@ymca.edu.sg YMCA SCC @ Loyang c/o: Loyang Primary School 3 Pasir Ris Drive 6 S(519419) Tel: 65821449 Fax: 65816549 Email: eductr@ymca.edu.sg