1 / 25

L IONS

L IONS. C OMMUNITY SERVICE F OUNDATION (LCSF). ITS VISION. ‘To be the leading source of philanthropic giving for the conduct of charitable services in Singapore from funds raised through public donations’. ITS MISSION.

toya
Download Presentation

L IONS

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. LIONS COMMUNITY SERVICE FOUNDATION (LCSF)

  2. ITS VISION ‘To be the leading source of philanthropic giving for the conduct of charitable services in Singapore from funds raised through public donations’

  3. ITSMISSION ‘To be the central organisation for fiscal resources generated by Lions fund-raising activities and to extend the scope of tax exempt donations to Lions causes in Singapore beyond services to the elderly’

  4. History • Successor to former District Foundation established in the seventies • Set up to raise funds for emergency disaster relief • Originally not a registeredbody -funds raised could only be from Lions -RM 10 per member from members’ subscription

  5. History • Recommendation of LRP Committee in 1997/98 to: - establish registered Foundation with tax exempt privileges - necessary as Singapore Lions Clubs to form separate District 308-A1 in 1998 • Unanimous approval of resolution to form District Foundation at 4th District Convention- April 2002 • Received IPC status in 2005. Renewal after Oct. 2006 subject to agreement of LHE and LBSA to subsume their IPCs under LCSF

  6. History • Constitution and By-Laws approved and first Board of Directors elected – 5th District Convention, April 2003 • Registration with ROS and Commissioner for Charities in 2003 • All District 308-A1 Clubs are members

  7. Purpose • To establish a central organization for fiscal resources generated by Lions fund-raising activities -unite Lions in community service -eliminate public confusion in competing charitable causes -encourage donors’ loyalty

  8. Purpose Subject to validity of IPC status: • To extend scope of Lions fund-raising activities • To secure tax exempt donations through LCSF for a range of clubs’ fund-raising projects and service activities eg. • scholarships to poor students • financial assistance to families in need • local application of LCI programmes, eg. Lions Quest & Gift of Sight, etc

  9. Purpose • To establish the Foundation Endowment Fund from donations raised not designated to any specific charity to: -fund Lions service activities in Singapore, including LHE, LBSA and other Lions projects

  10. Sources of Funds • Annual subscription of maximum $10 per year as part of District Dues • Transfer of funds from former District Foundation • Funds raised by Lions clubs in District • Direct donations • Income from interests earned from existing accumulated / Endowment Fund

  11. Management of LCSF • Management Committee: -comprises 10 elected Lions, the District Governor and the Immediate Past District Governor - members elected to 2 year term, half of whom are elected at each AGM (not later than September each year) - Committee elects Chairman, Vice Chairman, Secretary and Treasurer from amongst themselves - FY begins 1st July and ends 30 June

  12. Management of LCSF- 2009/2010 • Chairman: PDG Isabel Cheong (LCS Arcadia) • Vice-Chairman: PDG Sylvester Heng (LCS East) • Secretary: ZC Chia Lai Soon (LCS Khatib Mandarin) • Treasurer: P Soh Kam Giap (LCS Evergreen) District Governor: Anthony Tay (LCS Eunos)

  13. Directors: PCC Dr. Winston Koh (LCS Central) PCC Goh Seng Chee (LCS West), Chmn LHE IPDG Bobby Eng (LCS Katong) 1VDG Steven Seah (LCS Tanah Merah) 2VDG Singa Retnam (LCS Goldhill) PDG Eric Ng (LCS West) P David Lee (LCS Amber), Chairman, LBSA PP Laurence Chin (LCS Metropolitan) PP Chou Hua Chen (LCS Lotus) PP Chua King Wah (LCS Nee Soon) PP Maureen Lee (LCS Ladyhill)

  14. Board of trustees • May be non-Lions -to leverage on their prominence -to enhance transparency of the Foundation’s operation in fund-raising & charity giving • To be elected by members • Responsibilities enshrined in LCSF CBL

  15. How Lions clubs can raise funds for LCSF… • Designate funds raised to any other charitable causes in Singapore. (Tax exempt donations to Lions Home and LBSA to be channeled directly to them) • Directly for the Foundation - accumulated in the LCSF Endowment Fund & generate income to support Lions activities Disbursement: Chairman & DG may jointly approve up to S$10,000 disbursement at any one time for emergency relief

  16. How LCSF can support services by Lions Clubs… • Fund deserving Lions service projects & activities that are: • beyond club/clubs’ capacity • geographical coverage • far-reaching benefit • manpower requirement beyond Lions capability

  17. How LCSF can support services by Lions Clubs.. • Disbursement of funds through applications by Lions club/clubs • Submission of application form to Foundation secretary through the District Governor • Application criteria to be complied with • Decision to award funding made by LCSF Board based on endorsement of the District Governor

  18. LCSF List of donors (* denotes tax exempt donations)FY 2005/06

  19. LCSF List of donors (* denotes tax exempt donations)FY 2006/07

  20. LCSF List of donors (* denotes tax exempt donations)FY 2007/08

  21. In recognition of contributions made to the LCSF…. A LCSF Award Scheme has been established and implemented.

  22. LCSF Award Scheme Objective • Visible & tangible recognition ofmonetary contributions to LCSF • Incentive to contribute • Enhance club status • Future recognition in evaluating club awards

  23. Four Award Schemes • Individual Club Members • Lions Clubs • Corporations • Public

  24. The Lions Community Service Foundation looks forward to your continuing support!THANK YOU!

More Related