National Skin Centre Health Endowment Fund
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Patient Guide

 National Skin Centre Health Endowment Fund

 National Skin Centre Health Endowment Fund

National Skin Centre Health Endowment Fund

The National Skin Centre Health Endowment Fund (the Fund) was registered as a Charity under the Singapore Charities Act, Chapter 37 on 6 March 2000. The Fund is an approved Institution of a Public Character (IPC) and is valid until 31 December 2019.

Organization Profile Details​
Organization Name National Skin Centre Health Endowment Fund
Address 1 Mandalay Road, Singapore 308205
UEN No. T00CC1423K
Committee Members Ms Tan Beng Neo Eunice, Chairman
Dr Teoh Hoon Cheow, Advisor
Adj. A/Prof Lim Yean Teng, Member
A/Prof Lee Lai Heng, Member
Mr Seow Choke Meng, Member
Auditor KPMG
Bankers 1. Development Bank of Singapore Ltd
2. United Overseas Bank Ltd
Contact person Ms Loo Swee Cheng
Telephone No 63508478
Fax No 62533225
Email Address nscfinance@nsc.com.sg​
Website www.nsc.com.sg
Objectives
The National Skin Centre Health Endowment Fund was established on 11 July 1995 to receive donations towards the pursuit of medical research and development and improvement to health services in Singapore.
Programs / Activities
The Fund supported the following charitable activities during FY2019.

(1) Fund-raising

Donations received in FY2018 totalled $104,447. These were contributions from the donors to support our fund raising campaign Act NOW! . This includes the donation received through the donation boxes placed in NSC.

(2) Medical research projects

The committee approved the funding to support a Research Training Fellowship to enhance research capabilities. The amount claimed during the year was amounting to $29,837.

(3) Financial assistance to patient

The Fund provided medication assistance to needy patients diagnosed with eczema whose are prescribed with retail items not supported by medifund. The amount claimed in FY2018 was $82.

(4) Charity Clinic

The Fund continues to support the charity clinic at Singapore Christian Home for the aged. The volunteer doctors from NSC visited the Home to provide free consultation during the weekends. There were no claims for medication during the year.

(5) Support nursing training program

The fund supported the Singapore Nurses Association (SNA) in providing basic skin and wound care training to the community resident volunteers. The program received positive feedback from the volunteers who attended the training program. The amount disbursed in FY2018 was $1,657.

FUTURE PLANS AND COMMITMENTS
NSC’s fund-raising campaign, Act NOW! (Aspire, Cure, Transform) was introduced in March 2018. The four key pillars were identified, namely Research, Patient Care, Global Impact and Infrastructure. The target is to raise $5 million over 5 years.

(1) Research

The donation to the Research will be used for training and developing Clinician Researchers and Clinician Scientists for the research track, leveraging on our access to our pool of patients. Seed funding can also be provided for population health, basic science, predictive and prevention medicine in the research of itch.

(2) Patient care

The donation to patient care is intended to support needy patients requiring new and novel treatments.

(3) Global Impact on Developing Nations

The donation is intended to defray costs in organising international conferences to share learning and best practices from thought leaders around the world.

(4) Infrastructure

The donation to support the infrastructure will provide donors with naming rights opportunities in NSC’s new building including the Auditorium, Day Treatment Centre, Research Laboratories and Patient Education Centre.

Financial Information

FY2018
S$'000
FY2017
S$'000
FY2016
S$'000
RECEIPTS
Donations in Cash      
       Tax Deductible 103 - -
       Non-Tax Deductible 1
3
4
​Total Donations in Cash 104
3
4
Donations in Kind
     
       Tax Deductible - - -
       Non-Tax Deductible - -
-
Total Donations in Kind ​- ​- ​-
Government Grants - - -
Investment Income 117 130 40
Programme Fees ​- ​- ​-
Other Income - - -
TOTAL RECEIPTS 221 133
44
EXPENSES

       Fund-Raising Expenses - - -
       Charitable Activities Expenses 32 2 3
       Others Expenses 9 9 23
TOTAL EXPENSES 41 11 26
​​
SURPLUS / (DEFICIT) 180 122 18


 BALANCE SHEET FY2018
S$'000
FY2017
S$'000
FY2016
S$'000
ASSETS
      Investments 1,250 1,190
1,120
      Inventories
-
-
-
      Accounts Receivable
-
-
-
      Cash & Deposits 2,285 2,171
2,120
      Others Assets 21 15 14
TOTAL ASSETS
3,556 3,376 3,254
FUNDS
       Total Unrestricted Fund - - -
       Total Restricted Fund - - -
       Endowment Fund 3,548 3,368 3,246
TOTAL FUNDS 3,548 3,368 3,246
LIABILITIES
       Total Current Liabilities 8 8 8
       Total Non Current Liabilities - - -
TOTAL LIABILITIES 8 8 8
TOTAL FUNDS AND LIABILITIES 3,556 3,376 3,254


 OTHER INFORMATION FY2018 FY2017 FY2016
       Donations / Grants and Sponsorships given to
       ​other registered charities
-
- -
       No. of Employees - - -
       Total Employee Costs - - -
       Fund-Raising Efficiency Ratio - - -
       Total Related Party Transactions - - -
​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​

Last updated on 17 Sep 2019