Financial information

Financial Information

Name of Organisation

Wild Rice Ltd

Address

107 North Bridge Road, #04-08, Funan, Singapore 179105

Contact Information
Contact PersonIvan Heng
Telephone No6292 2695
Email Addressinfo@wildrice.com.sg
Web-site Addresswildrice.com.sg
No. of Beneficiaries

N.A.

Charity Regn No01579
Charity Regn Date1 July 2002
ConstitutionCompany limited by guarantee
Est. Date10 February 2001
ROC/RCB Regn No200100891D

Effective Date: 1 December 2017 to 30 November 2020

A Member of Ministry of Information, Communications and the Arts Central Fund

BOARD OF DIRECTORS
Tan Siok Sun Chair
Janice Koh Vice Chair
Bill Ang
Deborah Barker
Randy Chan
Chan Ying Lock
Glen Goei
Ivan Heng
Anthonia Hui
Simone Lourey
Tony Trickett

Ivan Heng
Tony Trickett
Katherine Khoo

KM Phon & Co

Income2017
(S$’000)
2018
(S$’000)
2019
(S$’000)
Donations in Cash
– Tax Deductible146217561714
– Non-Tax Deductible18106
Total Donations in Cash147017661721
Donations in Kind
– Tax DeductibleNANANA
– Non-Tax DeductibleNANANA
Grants13756071337
Investment incomeNANANA
Investment gainsNANANA
Programme Fees11982175927
Others (please specify if material)29239141
Total Income407247874126
Expenses2017
(S$’000)
2018
(S$’000)
2019
(S$’000)
Direct Fund-raising Expenses2317313309
Charitable Activities Expenses3
– Local203829762048
– OverseasNA222NA
Total Charitable Activities/Programme Expenses 203831982048
Other Operating & Administration Expenses4157516461798
Others (please specify if material)NANANA
Total Expenditure393051574155
Balance Sheet2017
(S$’000)
2018
(S$’000)
2019
(S$’000)
ASSETS
Land and BuildingsNANA3029
Other Tangible Assets1930796
InvestmentsNANANA
InventoriesNANANA
Accounts Receivable20676204
Cash & Deposits149516583127
Others (please specify if material)49686156
Total Assets221621276612
 
FUNDS
Unrestricted Fund5168912001172
Restricted Fund6NANANA
Endowment Fund7NANANA
Total Funds168912001172
 
LIABILITIES
Total Current Liabilities5279275440
Total Non-Current Liabilities000
Total Liabilities5279275440
 
Total Funds and Liabilities221621276612
Other Information201720182019
Donations/Grants and Sponsorships given to other Charities (S$’000)NANANA
No. of Employees171319
Total Employee Costs (S$’000)125214771442
Fund-raising efficiency928%25%28%
Total Related Party Transactions606707410

1 These include donations collected through flag days, donations that entail benefits to the donors and donations received for overseas purposes.
2 This refers to costs directly incurred and paid for during fund-raising. They include such costs as advertisements, printing, publicity materials, rental of premises, logistics, hiring of commercial third-party fund-raisers, organizing games of chance, etc.
3 These are all resources applied by the charity in undertaking its work to meet its charitable objectives in the delivery of goods and services. Such costs include the direct costs of the charitable activities together with those support costs incurred that enable these activities to be undertaken.
4 These are expenses which relate to the general running of the charity that provide the governance infrastructure which allows the charity to operate, to generate the information required for public accountability, and the strategic planning processes that contribute to future development of the charity.
5 These are generally unrestricted funds which the IPC is free to use for its programmes and operating costs e.g. General Fund.
6 These are special funds held by the IPC that can only be applied for specific purposes, e.g. Building Fund.
7 These are funds which the IPC holds in trust for the benefit of the IPC as a capital fund. Generally, only interest income from Endowment Funds are used, and not the capital sum.
8 Related Party Transactions refer to transactions between the IPC and another person where either person could have influence over the other. For example, if a board member of an IPC is related to a certain supplier of services for the IPC, the value of the transactions should be disclosed. Refer to the Financial Reporting Standards for the full definition of Related Party Transactions.
9 This is expressed in the ratio of A to B, where A refers to Direct Fund-raising Expenses and sponsorships relating to fund-raising (where receipts have been issued by sponsors); and B refers to total donations received from fund-raising and sponsorships relating to fund-raising (where receipts have been issued by sponsors).

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