Donors & NP Fund

At Ngee Ann Polytechnic, we believe no student should be denied an education because of their financial constraints. In addition, we give due recognition to talented students to allow them to scale greater heights and achieve multiple peaks of success. All this is possible with the support of our philanthropic partners.

Donors & Supporters

The Ngee Ann Kongsi, a philanthropic foundation, donated $8.4m in September 2018. These funds help deserving students access a whole suite of developmental opportunities that the polytechnic has put in place, making their learning journey meaningful and enriching, and getting them better prepared for the global workplace.

We would also like to thank the following individuals and organisations for donating bursaries, scholarships and student aid grants:

  • Agency for Science, Technology and Research
  • Centre for Strategic Infocomm Technologies
  • Chinese Development Assistance Council
  • CrimsonLogic Pte Ltd
  • Dentsu Aegis Network Pte Ltd
  • Dr Seow Onn Choong
  • Early Childhood Development Agency
  • FRESHdirect Pte Ltd
  • Hotel 81-Choo Chong Ngen Foundation
  • HSC Foundation
  • Info-communications Media Development Authority of Singapore
  • International Women's Forum
  • Jurong Engineering Limited
  • Lee Foundation
  • Lien Foundation
  • Litewell Engineering Pte Ltd
  • Management Development Institute of Singapore
  • Ministry of Education
  • Motorola Solutions Foundation
  • Mr Albert Tan Tiong Heng
  • Mr and Mrs Kevin Chua
  • Mr and Mrs Steven Cheong
  • Mr Choo Chiau Beng
  • Mr Koh Eng Pin
  • Mr Lee Nam Kwang
  • Mr Loke Yuen Piew
  • Mrs Sharon Tay
  • Ms Chen Lin Rong
  • Ms Koh Sauk Siang
  • Ms Koh Sauk Tai
  • Multiplex Control & Engineering Services Pte Ltd
  • Ngee Ann Polytechnic Students' Union
  • NTUC Income
  • PAP Community Foundation
  • Professor Ho Yew Kee
  • Public Utilities Board
  • Richard Lee Memorial Fund
  • Singapore Buddhist Lodge
  • Singapore Leong Khay Huay Kuan Educational Trust
  • Singapore Telecommunications Limited
  • SPH Chinese Media Group
  • Tan Agnes Jiannee Trust Fund
  • Tan Chin Tuan Foundation
  • The Copyright Licensing & Administration Society of Singapore
  • The Estate of Dr Phay Seng Whatt
  • The Hongkong and Shanghai Banking Corporation
  • The Late Mr K C Lee
  • The Late Mr Tan Joo Kee
  • The Late Mr Ted de Ponti
  • The Late Ms Chan Lai Yee
  • The Late Ms Renee Chew Bee Neo
  • The Liu Yin Soon Trust Fund
  • The Shaw Foundation Pte Ltd
  • The Wan Boo Sow Family
  • Toh Kian Chui Foundation
  • Wee Hoe Cheng Chemicals Pte Ltd
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NP Fund

(IPC Registration Number : IPC000541 UEN: T08CC3009A Charity Registration Date : 1 Apr 2003 Registered Address : 535 Clementi Road Singapore 599489)

Background

Ngee Ann Polytechnic Fund (NP Fund) was established on 1 April 2003 as a member of the Education Central Fund of the Ministry of Education. Under this membership, the Fund is allowed to issue tax deductible receipts to donors. Donations received by Ngee Ann Polytechnic are channelled to the Fund.

Objectives of the Fund

The objectives of the Fund are as follows:

  • to receive gifts and donations for the advancement of education, including those for setting up of Endowment Funds, the principal amounts of which will not be used;
  • to provide financial assistance through bursaries and grants to enable needy and deserving students to pursue their studies at the polytechnic;
  • to recognise the achievements of outstanding polytechnic students and graduates through awarding of scholarships and prizes;
  • to encourage research and development and to provide for staff development so as to keep abreast of changing technologies in industry and commerce;
  • to provide funds for the welfare and other social/educational activities of the students and staff of the polytechnic;
  • to promote the polytechnic as a tertiary institution and a centre for polytechnic education in Singapore; and
  • to provide for the construction and improvement to the buildings and facilities of the polytechnic.

Management Committee

Our Council forms the Management Committee of NP Fund. The Chief Financial Officer (CFO)  of the polytechnic has been co-opted into the Management Committee as Treasurer of the Ngee Ann Polytechnic Fund. The Management Committee Members who are the Council Members, are eligible for re-appointments after the end of their current term. While the term of appointment for the Treasurer coincides with the terms of appointment of the Council, the Treasurer will not be re-appointed, in order to be in compliance with the Code of Governance which stipulates a limit of 4 consecutive years for the Treasurer position. The position will be rotated between the Chief Financial Officer and the Deputy Director/Finance (Revenue).

The Management Committee and the Treasurer are not remunerated for their services rendered to NP Fund.

In FY2018/2019, the Management Committee comprises the following members:

AppointmentName and Designation
ChairmanMr Tang Kin Fei, Chairman, SIA Engineering Company Ltd
DeputyChairperson Mrs Deborah Ong, Partner, PricewaterhouseCoopers LLP
TreasurerMrs Ang Beng Wah, Chief Financial Officer, Ngee Ann Polytechnic
MembersMembers are the Council Members of Ngee Ann Polytechnic (refer to the Council Members page under the About Ngee Ann section)

Programmes and Activities for FY2018/2019

During the year, the key programmes and activities include the following:

  • disbursement of scholarships, bursaries, grants and awards;
  • support of student development programmes (Award Programmes 1  and Global Entrepreneurial Internship Programme 2 ) and the provision of shuttle bus services; and
  • co-funding of collaborative projects with philanthropic organisations such as the Temasek Foundation International Company Limited by Guarantee and the Lien Foundation to support social causes.

Reserve Policy (NEW)

The reserve that the Ngee Ann Polytechnic (NP) Fund has set aside provides financial stability and the means for the development and execution of the NP Fund’s principal activities.

The Management Committee of the NP Fund reviews the amount of reserve annually, in conjunction with the review of annual budgets of the fund, to ensure that the reserve is adequate to fulfil the NP Fund’s continuing obligation.

Conflict of Interest Policy

The Management Committee of the Fund and key management personnel of the polytechnic make yearly confirmation on related party transactions. For transactions where they are in a position of conflict of interests, they will declare their interests and abstain from any decision-making.

In line with disclosure requirements by the Charity Council, the Governance Evaluation Checklist disclosing the extent of its compliance with the Code can be found at the charity portal website https://www.charities.gov.sg

Audited Financial Statements

The financial statements of NP Fund can be found in the charity portal website: https://www.charities.gov.sg/Pages/Home.aspx

  • Award Programmes consist of The Christieara Programme Overseas Merit Fellowship, The Academic Overseas Programme – Overseas Merit Award, Social Leadership Challenge and Overseas Innovation Challenge, which catered to students of different peaks of excellence.
  • Global Entrepreneurial Internship Programme provides opportunity for budding entrepreneurial students to have internships in start-ups located in key entrepreneurial hubs of the world. Students learn how start-ups are run and get to put their domain skills into practice.
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