About the NYP Education Fund Objectives Management Committee Annual & Financial Report Policies Supporting The NYP Education Fund About the NYP Education Fund About the NYP Education Fund Objectives Management Committee Annual & Financial Report Policies Supporting The NYP Education Fund About the NYP Education Fund The NYP Education Fund was set up in 2003 to help our students focus on their studies without worrying about their financial issues. It also supports other areas of student development, such as recognising achievements, providing facilities and resources and supporting student-led programmes. The fund is managed by a committee appointed by the NYP Board of Governors to ensure its use meets its objectives. In April 2022, the fund’s status as an Institution of Public Character (IPC) was renewed by the Commissioner of Charities of Singapore. IPC Registration No.: IPC000540 UEN: T08CC3008E Charity Registration Date: 1 April 2003 Registered Address: 180 Ang Mo Kio Avenue 8, Singapore 569830 Objectives The NYP Education Fund: Provides financial assistance to needy students Recognises the achievements of outstanding students and graduates Supports student development and enrichment programmes Supports research and development programmes Supports staff development programmes to ensure they remain relevant in a constantly evolving industry landscape Supports campus development programmes Provides education and training facilities and equipment Promotes NYP as the institution of choice for polytechnic education in Singapore. Management Committee Chairman Mr Russell Chan Principal & CEO, NYP Deputy Chairman Dr William Lim Divisional Director, Planning Division Ministry of Education Treasurer Mr Aloysius Tan Deputy Director (SkillsFuture), School of Business Management, NYP Members Mr Chai Kuek Heng Director Student Care & Guidance, NYP Ms Denise Leong Registrar Registrar’s Office, NYP Ms Su Kally Director Finance, NYP Annual & Financial Report Learn how the NYP Education Fund has benefitted students in our Annual Report for April 2021 to March 2022. Policies The Reserves Policy was established to safeguard the NYP Education Fund’s stability and is pegged at not more than one year of disbursements. In the policy on Conflict of Interest Disclosure, our approach is to avoid situations that may cause any potential conflict of interest. In general, all our staff are required to declare close relationships with students in any selection of student awards. Procurement practices also require staff to declare non-vested interests before selecting students or vendors. Supporting The NYP Education Fund If you are interested in making a positive impact on the lives of our students, please donate to the NYP Education Fund. You can do so in two ways: NYP Education Fund (Endowment) Combine your donation with others to contribute a larger sum. We will preserve the gift capital and invest it in the endowed funds to earn returns. NYP Education Fund (Non-Endowed) If you want to make an immediate impact, donate your desired sum to a specific programme and the intended parties will receive it. Every endowed gift receives a 1:1.5 matching grant from the government, while every non-endowed gift will receive a 1:1 matching grant. (Note: Matching grant will be given in the form of endowment fund) Your contributions are greatly appreciated. Email us at contactNYP@nyp.edu.sg for more details.