MINDSET CARE LIMITED Annual Report 2014mindset.com.sg/wp-content/uploads/2015/06/MINDSET... ·...

MINDSET CARE LIMITED | Annual Report 2014

Contents

Chairman’s Message 1

Vision/Objectives 3

Background 4

Jardine Ambassadors 5

Corporate Information 6

Programmes & Activities 7

• Education 7

• Back to the Workforce 9

• Social Enterprise 11

• Fund Raising 13

• Fun Days 15

• Volunteers 17

• Fund Allocation 18

Code of Governance 19

Reserves Policy 21

Financial Statements 21

• Appendix - Financial Statements 2014

MINDSET Care Limited Annual Report 2014 1

Chairman’s Message

It has been another fruitful year for MINDSET in 2014. With continued

strong support from the Jardine Matheson Group companies (the

“Group”), and tireless effort from the Jardine Ambassadors and our

mental health partners, MINDSET remained committed to creating a

greater impact in the area of mental health through new ideas,

initiatives and activities.

The Education team focused on communications within and outside of

the Group with the formation of a dedicated Communications sub-

team. MINDSET’s corporate video and posters were updated and

distributed to all Human Resource representatives across the Group

for dissemination to Jardine employees in Singapore and used in road

shows to the public. The MINDSET Awareness Drives and Mini-

MINDSET Days played important roles in reaching out to more

Jardine employees to support MINDSET in promoting mental wellness, and most importantly, to

reduce the stigma attached to mental illnesses. Hopefully they will spread the message to a wider

circle of family members and friends. The team developed a new MINDSET website to reach out to

even more via the internet.

Using its Transitional Employment Model, our Back to Workforce team achieved 16 placements out of

their original target of 10 placements in the last 12 months. This was made possible through the

active support from the Group and the strong partnership from our mental health partners. We have

since 2011 created a total of 31 job placements within the Group. More work-related skills training

workshops and job visits were organised for the clients to increase their employability.

To help our mental health partners’ clients achieve a measure of self-sustainability and to build their

self-confidence, the Social Enterprise team brainstormed with new partners for fresh avenues and

platforms for the clients’ handicraft items to be showcased and sold. I would like to take this

opportunity to thank our supporters for their continual support especially towards our regular events

such as the MINDSET Roadshow at CityLink Mall and Shelf Projects at 7-Eleven outlets. The public’s

growing acceptance of the clients and their work is encouraging.

The MINDSET Challenge 2014, an annual event culminating in a mass run up 33-storey Marina Bay

Financial Centre, Tower 1, was a great success with some S$330,000 raised for the Employment

Training Centre programme of Singapore Anglican Community Services, which uses a structured and

holistic training programme to equip its clients with the relevant skills before placing them out for

employment. A big thank you to all the kind sponsors and donors from our partners, business

associates and the public.

Since the establishment of MINDSET Singapore in 2011, annual pledges and ad hoc contributions

from the Group have allowed MINDSET to channel donations totalling S$1.7 million in support of the

various mental health projects undertaken by our partner organisations under our Fund Allocation

programme. We hope to partner an established mental health organisation in the coming years to

fund a long-term flagship project to make a bigger and more sustained impact in mental health.


Chairman’s Message (continued) I would like to take this opportunity to thank the Jardine Ambassadors for their passion, dedication

and drive which have made our achievements possible. I would also like to express my gratitude

towards the Ministry of Health, the Ministry of Social and Family Development and our mental health

partners for their unwavering support towards MINDSET. Lastly, a big thank you to the Steering

Committee and various sub-committees, our external advisers; Dr Daniel Fung, Dr Ng Koon Hock and

Jon Button, our auditors and legal advisers, the participating Group companies for their continued

involvement and invaluable contributions, Hong Kong MINDSET, our volunteers, the MINDSET

secretariat, and the many others who have contributed in one way or another towards the growth of

MINDSET.

Alex Newbigging Chairman, MINDSET Care Limited 25th March 2015


Vision

MINDSET aims to change people’s attitudes by raising awareness and understanding of

mental health issues, as well as providing direct assistance for individuals, families and

organisations in need of help.

Objectives

MINDSET was established to extend the work of the Group’s Hong Kong registered mental

health charity, MINDSET Limited, to Singapore insofar as such work is in line with the

country’s mental health policy. This will be achieved by raising the awareness and

understanding in Singapore of mental health issues, and by so doing, change attitudes

towards mental health. MINDSET also supports individuals, families and organisations in

Singapore that require assistance in connection with mental health-related matters.


Background

MINDSET is the Group’s philanthropic initiative designed to make a difference in the area of

mental health.

MINDSET was established in Singapore on 13th May 2011 as a company limited by

guarantee with its governing instruments being its memorandum and articles of association.

MINDSET’s initiatives are focused on the following areas:

• Education – To raise awareness of MINDSET’s aims and reduce the stigma

attached to mental health issues through talks and campaigns, communication

collaterals and Mini-MINDSET Days;

• Back to the Workforce – To promote social and community acceptance through

reintegration and to source for appropriate job openings and work training within the

Group;

• Social Enterprise – To help our mental health partners’ clients achieve self-

sustainability through profit-generating business activities; and

• Fund Raising – To raise funds through community and corporate engagement and

partnership.

In addition, MINDSET also organises Fun Days, which are outings and activities providing

opportunities for clients of mental health organisations to interact with the public, and at the

same time, providing the clients’ caregivers with the opportunity to take a break from their

routine care-giving duties.


Jardine Ambassadors

The Jardine Ambassadors programme brings together young and enthusiastic talent from all

parts of the Group in Singapore to volunteer and drive the Group’s charitable activities. The

Jardine Ambassadors are responsible for spearheading MINDSET’s initiatives.

Through a high level of involvement in these activities from concept development to

implementation, the Jardine Ambassadors contribute to the community in Singapore while

enhancing their own organisational skills and personal development by interacting with

people from all walks of life. The programme also allows the Jardine Ambassadors to share

their business expertise with the charitable organisations.

Jardine Ambassadors who have completed their two-year tenure continue their involvement

in MINDSET as “Friends of Ambassadors”.

The participating Jardine Matheson Group companies are:

• Cold Storage Singapore (1983) Pte Ltd / Dairy Farm Group

• Gammon Private Limited

• Hongkong Land (Singapore) Pte Ltd

• Jardine Cycle & Carriage Limited

• Jardine Engineering (Singapore) Pte Ltd

• Jardine Lloyd Thompson Pte Ltd

• Jardine Matheson (Singapore) Ltd

• Jardine OneSolution (2001) Pte Ltd

• Jardine Shipping Services

• Mandarin Oriental, Singapore

• MCL Land Limited

• Schindler Lifts (Singapore) Pte Ltd


Corporate Information

Board of Directors

Alex Newbigging (Chairman, appointed 25th April 2012)

Alex Tay (Appointed 13th May 2011)

Robert Garman (Appointed 13th May 2011)

Steering Committee

Alex Newbigging (Chairman, appointed 12th June 2012)

Alex Tay (Vice-Chairman, appointed 12th June 2012)

Alvyn Ang (Appointed 12th June 2012)

Boon Yoon Chiang (Appointed 12th June 2014)

Steven Foster (Appointed 22nd September 2014)

Robert Garman (Appointed 12th June 2012)

Goh Chye Huat (Appointed 12th June 2012)

Galen Goh (Appointed 22nd September 2014)

Jess Lam (Appointed 12th June 2012)

Freddy Lee (Appointed 14th July 2014)

Neil McNamara (Appointed 12th June 2012)

Lakhbir Singh (Appointed 22nd September 2014)

Berg Wat (Appointed 22nd September 2014)

Audit Committee (Appointed 12th June 2012)

Alex Newbigging (Chairman)

Boon Yoon Chiang

Jardine Ambassadors Sub-Committee

Alex Tay (Chairman)

Goh Chye Huat

Alex Newbigging

Fund Allocation Sub-Committee

Alex Newbigging (Chairman)

Boon Yoon Chiang

Jon Button

Robert Garman

Ho Yeng Tat

Neil McNamara

Dr Ng Koon Hock

Fund Raising Sub-Committee

Robert Garman (Chairman)

Alvyn Ang

Boon Yoon Chiang

Internal Advisers

Goh Chye Huat

(Education/Communications team)

Alvyn Ang

(Back to the Workforce team)

Ho Yeng Tat

(Social Enterprise team)

Robert Garman

(Fund Raising team)

Jason Wen

(Jardine Ambassadors Programme)

Karen Low

(Communications sub-team)

External Advisers

Dr Daniel Fung

(Chairman, Medical Board – Institute of Mental Health)

Dr Ng Koon Hock

(Psychiatrist – The Psychotherapy Clinic for Adults and Children)

Jon Button

Company Secretary

Ho Yeng Tat

Honorary Treasurer

Emily Wee (Appointed 2012)

Honorary Auditors

PricewaterhouseCoopers LLP

Honorary Legal Advisers

Allen & Gledhill LLP

Corporate information as at 25th March 2015


Programmes & Activities

Education

The Education team aims to raise awareness of MINDSET’s objectives and to reduce the

stigma attached to mental health issues through talks and campaigns, communication

collaterals, and organising Mini-MINDSET Days.

In 2014, the team worked on editing the MINDSET corporate video, which is used to raise

awareness on mental health issues and MINDSET’s new initiatives. The video was

shortened into concise clips for each MINDSET initiative in order to keep the content fresh

and engaging for audiences.

The Education team also updated the collaterals, including brochures, posters and

developed and designed the MINDSET Singapore website which provides more details of

MINDSET for the public and the Group. The new website is slated to be launched in early

2015.

In addition, the team conducted five MINDSET Awareness Drives this year, through lunch

talks, targeted at employees of the Group. The participating companies included Dairy Farm,

Jardine Cycle & Carriage, Jardine Engineering Corporation, Jardine Lloyd Thompson and

Mandarin Oriental, Singapore. The MINDSET Awareness Drives aim to raise awareness of

MINDSET as well as to promote physical and mental wellness among the Group. Experts

and mental health professionals were also invited to share their insights on mental illnesses,

and how everyone can help reduce the stigma attached to mental illness.

During the year, the team also organised two Mini-MINDSET Days attended by a total of 60

clients from Singapore Association for Mental Health and Singapore Anglican Community

Services and 66 employees of Jardine Cycle & Carriage, Gammon Construction, Jardine

Engineering Corporation and Jardine Shipping Services.

Moving forward, the team plans to combine four major cross-Jardine Matheson Mini-

MINDSET Days with the awareness drives, as part of its aim to reach out to more Jardine

employees in 2015.

The Education team ended the year with an Appreciation Lunch for the Human Resource

Managers of the Group to thank them for their support throughout the year and to share their

upcoming plans for 2015. The team presented an overview of the different initiatives of

MINDSET and appealed for their support to spread word of MINDSET and to encourage

their colleagues to volunteer for MINDSET events.


Education - Mini-MINDSET Days

As part of the Education team’s activities, Mini-MINDSET Days are organised by the

respective companies in the Group, together with the Jardine Ambassadors to raise

awareness of mental illness and debunk the negative mindsets towards people suffering

from mental illness. Such events create opportunities for the Group employees to mingle and

interact with clients from mental health organisations.

In 2014, a total of 60 clients and employees from three mental health organisations

participated in the events. With the involvement from and interaction with the Group

employees, clients are able to improve their social skills and enhance their self-confidence

while the Group employees are able to empathise and understand people suffering from

mental illness.

Jardine Cycle & Carriage and Gammon Construction – Make Your Own Terrarium

40 employees from Jardine Cycle & Carriage

and Gammon Construction participated in the

Mini-MINDSET Day held at the Horticulture Park

for 30 clients from Singapore Association for

Mental Health. The participants played an

interesting game of Photo-Hunt, followed by an

enjoyable Terrarium workshop where they learnt

to make their own terrarium masterpieces.

Jardine Engineering Corporation and Jardine Shipping Services – Ice Cream Making

Workshop

The three-hour ice cream making workshop was

attended by 26 employees from Jardine

Engineering Corporation and Jardine Shipping

Services, as well as 30 clients from Hougang

Care Centre and Simei Care Centre. The event

was a great success and concluded with a

wonderful lunch and dessert experience from

Udders Ice cream.


Back to the Workforce

The Back to the Workforce team aims to promote social and community acceptance through

reintegration and to source for appropriate job openings and work training placements within

the Group.

The team created 16 placements in 2014 with the active support of the Group and strong

partnership from our mental health partners. Using the Transitional Employment Model

developed in 2012, these clients were placed on short-term employment within the Group for

periods of six to nine months to increase their employability in the open job market. The

companies that provided job placements in 2014 included Dairy Farm, Jardine Lloyd

Thompson, Mandarin Oriental, Singapore, Jardine Engineering Corporation and MCL Land

(with the support of TPS Construction).

Besides job placements, the team also organised training workshops to equip clients with

necessary skills. In 2014, one of our Jardine Ambassadors, Ang Woon Jiun, who is the

Learning and Development Manager of Mandarin Oriental, Singapore, trained the clients and

prepared them for job interviews. Topics covered included researching on the company,

grooming standards, questions to ask and how to answer potential interview questions. The

two-hour workshop also included videos of interviews, discussions and practical writing of

resumes in different formats. The Do’s and Don’ts were key takeaways for clients and the

trainer shared some HR insights which were very well received. The Interview Skills

workshop closed on a high note with role-play involving the clients putting into practice what

they had learnt. Another workshop, on Resume Writing, was organised towards the end of

the year for another 10 clients already under placement within Jardine business units. The

objective of these training workshops was to impart the relevant knowledge, skills and

attitude so that they may craft reasonably-presented resumes for external job applications

following their stints within the Group.

A Microsoft Office Training Workshop was also included under the team’s initiative to have

external qualified trainers conduct skills training for clients. The workshop was held at an

external IT skills training provider, with a total of 16 clients participating. It is hoped that with

the new knowledge obtained, clients will be more proficient to take on administrative duties

at work.

Qualified trainers conduct skills training for partner’s clients to learn about Microsoft programmes.

Interview Skills Training workshop helps to prepare partner’s clients for interviews.


Back to the Workforce

Job site visits at Dairy Farm were also organised to educate clients and better prepare them on what the actual working environment would be like. The job site visits prepared clients mentally for the working society by showing them the actual working environment they may encounter. MINDSET hopes that with the pre-training and training opportunities and job stint in Jardine business units, clients will be able to seek permanent employment in the open job market. In 2015, the Back to the Workforce team plans to increase the number of placements under

the Transitional Employment Model. Clients under this programme will be sent to attend

Workforce Skills Qualifications training to increase their skills and employability. The team

plans to organise more skills training workshops for clients in various mental health

organisations.

Job site visit at Dairy Farm Giant store enables partner’s clients to understand the actual working environment.

Supervisor explains the daily job duties to the group.


Social Enterprise

The Social Enterprise team aims to assist mental health partners’ clients achieve self-

sustainability through profit-generating business activities. The year was packed with events,

starting with the successful shelf projects and annual MINDSET Roadshow.

In collaboration with Simei Care Centre, the Mother’s Day Shelf Project was launched in

nine 7-Eleven stores islandwide, while the Valentine’s Day Shelf Project had handicrafts sold

in 15 7-Eleven stores islandwide. Each Shelf Project lasted an average of three weeks, and

all proceeds went to over 45 clients and their families.

The annual MINDSET Roadshow at CityLink Mall took place in early June 2014, and

benefitted clients from Singapore Anglican Community Services and Singapore Association

of Mental Health. The roadshow was an overall success as it attracted members of the

public to learn and understand more about MINDSET, the partnering agencies and mental

illness. The team also built a backdrop for the shoppers to write notes of encouragement for

the clients. A total of more than 450 shoppers visited the booths, and saw a significant

number of penned words of encouragement and support for persons suffering from mental

illness. The words of encouragement were collated by the Jardine Ambassadors and sent to

the partnering organisations for them to disseminate to their clients. The feedback received

from clients was heartening with many of them feeling and appreciating the warmth and

concern from the general public. Most importantly, this initiative allowed them to feel a strong

sense of pride and achievement, as they are able to secure an independent source of

income, albeit small, for themselves and their families.

The MINDSET Roadshow at CityLink Mall attracts shoppers to the booth and leave a note of encouragement to those suffering from mental illness.

Valentine’s Day Shelf Project at selected 7-Eleven stores islandwide.


Social Enterprise

The Social Enterprise team took part in the Nanyang Technological University’s Freshmen

Week roadshows in August 2014 with the booths manned by the university’s school clubs

and external vendors. This was the second time MINDSET participated in the event. Two

booths were rented for Singapore Association of Mental Health and Club HEAL respectively

to generate awareness on mental health and spread the word to the younger generation.

The clients were also allowed to sell their beautifully handcrafted products and accessories.

The booths which were located in prominent locations led to greatly improved sales, as well

as increased the interaction between the agencies and the students.

Before the year ended, the Social Enterprise team collaborated with the Fund Raising team

yet again to invite mental health organisations to set up sales and display booths at The

MINDSET Challenge 2014.

In 2015, the team plans to organise two MINDSET Kiosks in heartland malls, one MINDSET

Roadshow at CityLink Mall, five Shelf Projects, sales and display booths at University

Freshmen Orientation Week and Polytechnic Freshmen Orientation Week and at The

MINDSET Challenge 2015.

The NUS Freshmen Week welcomes MINDSET to raise awareness on mental health with the students in the campus.


Fund Raising

The Fund Raising team aims to raise funds through community and corporate engagement

and partnership.

The Fund Raising team handles organises The MINDSET Challenge on an annual basis.

Not only does the team have to work on promoting awareness on mental health, it also

raises funds for a selected project of a local mental health organisation.

The MINDSET Challenge 2014, a race up 33 levels of the building with individual and relay

format, was held at Marina Bay Financial Centre, Tower One in November 2014. This year

saw the introduction of the Kids’ Dash category, where the little ones between 7-12 years of

age walked or climbed up 11 levels accompanied by their parents.

MINDSET adopted Singapore Anglican Community Services (SACS) as the beneficiary for

The MINDSET Challenge 2014. A total of S$332,870 raised by The MINDSET Challenge

2014 went towards the running of the Employment Training Centre Programme for clients of

SACS. This programme was designed to complement and fill the gap of SACS’ Employment

Support Services, using a structured and holistic training framework to equip its client with

relevant skills, before they are placed out for employment.


Fund Raising

The event attracted over 500 attendees, including 225 participants from all race categories

(individual male, individual female and team relay). Besides the race participants, the

supporters at the ground level were also enthusiastic in their efforts to win the “Best Dressed

Team” and the “Best Ra-Ra Team” competitions while cheering their colleagues on.

The author of “A Philosopher’s Madness”, Ms Chan Lishan, shared her past experiences of

dealing with her own mental illness, and urged the public to be receptive towards clients in

the same plight. Audiences were also treated to an entertaining dance performance by the

staff and members of SACS.

The Guest-of-Honour, Dr Amy Khor, Senior Minister of State, Ministry of Health, Ministry of

Manpower and Deputy Government Whip, gave a moving speech on how everyone can play

a part in reducing the stigma attached to mental illness, and community integration. This was

followed by the flag-off of the mass walk-up, led by MINDSET Chairman, Mr Alex

Newbigging, and accompanied by the Group’s management.

MINDSET’s Fund Allocation Sub-Committee will be selecting another beneficiary for The

MINDSET Challenge 2015 and raise awareness of MINDSET and mental illness.


Fun Days

Fun Days are outings and activities organised by the Jardine Ambassadors for clients of

mental health organisations. Aside from giving the clients’ caregivers a break, Fun Days also

aim to enhance the emotional well-being of the clients by giving them the opportunity to

interact with the public and for the Jardine Ambassadors to gain a better understanding of

the different challenges and needs of the clients.

In 2014, four Fun Days were held for clients from O’Joy Care Services, Silver Ribbon

(Singapore), Institute of Mental Health and Singapore Association for Mental Health

respectively. A total of 182 clients and employees from the four mental health organisations

participated in the Fun Days.

A Walk in the Clouds

90 clients and caregivers from O’Joy Care

Services were treated to an interesting visit

to the Flower Dome at Gardens by the Bay,

accompanied by 30 Jardine Ambassadors,

Steering Committee members and other

volunteers.

They visited the Cloud Forest, which had

beautiful scenic views. A sumptuous lunch

was also served at Majestic Bay Seafood

Restaurant. As this was the first time most clients visited Gardens by the Bay, they enjoyed

themselves thoroughly and were extremely delighted by the unique experience.

Downtown Getaway

Held at Aranda Country Club, the second Fun

Day hosted 28 clients, their caregivers and

employees from Silver Ribbon (Singapore), who

were served a delectable buffet spread to start the

day, followed by exciting indoor games organised

by 14 Jardine Ambassadors to get clients warmed

up. Clients were also were brought to the nearby

Pasir Ris Park, where they played with balls,

blindfolds, and engaged in a unique water parade.


Fun Days

Institute of Mental Health Goes Back to the Wilds

30 clients from the Institute of Mental Health,

alongside 19 Jardine Ambassadors, Steering

Committee Members and Friends of

Ambassadors embarked on a Farm Tour at

Hay Dairies. The tour started with the goat

farm, followed by a vegetable farm. The third

part of the tour allowed the group to feed

animals, including frogs, rabbits, guinea pigs,

fish and goats.

Cooking with Class at Cookyn Inc

The last Fun Day for 2014 ended on a delicious

note, as 34 clients, caregivers and employees

from the Singapore Association for Mental Health

went to Cookyn Inc to learn how to make their

own pizzas and tiramisu dessert. Clients were

first given a short demonstration by the staff from

Cookyn Inc to familiarise themselves with the

procedures before the hands-on session.

Participants were split into four groups before

being given the necessary ingredients, and then

they proceeded to create their own pizza and tiramisu, closely following instructions from

Cookyn Inc staff. After the meal was prepared, participants had the opportunity to savour

their own creations.


Volunteers

In 2014, about 4,000 man-hours were contributed by 40 Jardine Ambassadors. Besides

contributions by Jardine Ambassadors, MINDSET saw a total of more than 85 volunteers

helping at the events. These volunteers were employees of the Group, student volunteers,

and friends and family members of the Steering Committee members and Jardine

Ambassadors.

In the coming years, MINDSET plans to increase the number of volunteers from the Group,

as well as volunteers from the public, schools and corporate sectors.


Fund Allocation

The purpose of MINDSET’s Fund Allocation Sub-Committee is to assist the Steering

Committee in the evaluation of sponsorship and donation requests received from

organisations registered in Singapore that may or may not have Institutions of Public

Character status, with objectives similar to MINDSET.

MINDSET receives contributions from the Group companies to run its activities. Funds from

the Group companies are also pooled and contributed directly by them to the selected

charitable organisations, alongside any funds raised through the community, corporate

engagements and partnerships and public fund raising by MINDSET. This enables sponsors

to receive tax deduction benefits, where available.

In 2014, MINDSET committed a total amount of S$700,000 in support of two projects,

comprising S$500,000 for the initial two years of Creative Mindset Hub by Singapore

Association for Mental Health in 2015 and 2016, and S$200,000 in 2015 to the Raintree

Sanctuary @ Punggol Wellness Centre by Silver Ribbon (Singapore), in the third year of

support. The projects are as follows:

Creative Mindset Hub - Singapore Association for Mental Health

The programme aims to set up a holistic integrated centre in a more centralised location for

easy access. The centre aims to promote integrated services to reduce stigma and enhance

acceptance of people with mental illness in the community by utilising visual and

performance arts, i.e. art, music or dance as forms of expressive therapy through enhancing

emotions, cognitive abilities, motor skills and body movement. The centre also targets to

promote supportive network through therapeutic endeavours for both individual and groups,

while providing education and training in mental health.

Raintree Sanctuary @ Punggol Wellnes Centre – Silver Ribbon (Singapore)

The project aims to combat the stigma associated with mental health and encourage

treatment by renovating an allocated unit at Block 550 Hougang Street 51 into a Mental

Wellness Outreach Centre for the purposes of educating the public on the importance of

mental health and equipping them with basic mental health knowledge through training and

outreach events. The centre also provides complimentary counselling services to residents

with mental health issues as well as their caregivers.


Code of Governance

MINDSET CARE LIMITED CHARITY REGISTRATION NO.: 201111547C GOVERNANCE EVALUATION CHECKLIST FOR BASIC II TIER PERIOD: 1ST JANUARY 2014 TO 31ST DECEMBER 2014

S/No. Code Description Code ID

Compliance Explanation (if the Code guideline is not complied to or not applicable)

BOARD GOVERNANCE

A Are there Board members holding staff appointments? (Skip items 1 and 2 if “No”)

No

1 If the governing document permits paid staff to become Board members, they should comprise not more than one-third of the Board.

1.1.2 Not Applicable No employed staff

2 Staff does not chair the Board. 1.1.2 Not Applicable No employed staff

3 There is a maximum term limit of four consecutive years for the Treasurer position (or equivalent e.g. Finance Committee Chairman).

1.1.6 Complied

4 The Board has an audit committee (or designated Board members) with documented terms of reference.

1.2.1 Complied

5 The Board meets regularly with a quorum of at least one-third or at least three members, whichever is greater (or as required by the governing document).

1.3.1 Complied

CONFLICTS OF INTEREST

6 There are documented procedures for Board members or paid staff to declare actual or potential conflicts of interest to the Board.

2.1 Complied

7 No Board member or staff is involved in setting his or her own remuneration.

2.2 Not Applicable No employed staff

8 Board members do not vote or participate in decision making in the matters where they have a conflict of interest.

2.4 Complied

STRATEGIC PLANNING

9 The Board reviews and approves the vision and mission of the charity. They are documented and communicated to its members and the public.

3.1.1 Complied


Code of Governance (continued)

S/No. Code Description Code ID

Compliance Explanation (if the Code guideline is not complied to or not applicable)

HUMAN RESOURCE MANAGEMENT

10 The Board approves documented human resource policies for staff.

5.1 Not Applicable No employed staff

FINANCIAL MANAGEMENT AND CONTROLS

11 The Board ensures internal control systems for financial matters are in place with documented procedures.

6.1.2 Complied

12 The Board ensures reviews on the charity’s controls, processes, key programmes and events.

6.1.3 Complied

13 The Board approves an annual budget for the charity’s plans and regularly monitors its expenditure.

6.2.1 Complied

14 The charity discloses its reserves policy in the annual report.

6.4.1 Complied

B Does the charity invest its reserves? (Skip item 15 if “No”)

No

15 The charity invests its reserves in accordance with an investment policy approved by the Board. It obtains advice from qualified professional advisors, if deemed necessary by the Board.

6.4.3 Not Applicable

FUNDRAISING PRACTICES

16 Donations collected are properly recorded and promptly deposited by the charity.

7.2.2 Complied

17 The charity makes available to its stakeholders an annual report that includes information on its programmes, activities, audited financial statements, Board members and executive management.

8.1 Complied

PUBLIC IMAGE

18 The charity accurately portrays its image to its members, donors and the public.

9.1 Complied


Reserves Policy MINDSET seeks to maintain a reserve of one year’s operating costs. The amount of

reserves will be regularly reviewed by the Board of Directors to ensure that they are

adequate to meet its operating needs and continuing obligations.

Financial Statements

The Financial Statements for the financial year ended 31st December 2014 are enclosed in

the Appendix.

[This page is intentionally left blank.]

MINDSET Care Limited Company No. 201111547C 239 Alexandra Road Singapore 159930 Tel (65) 6473 3122 Fax (65) 6475 7088 www.mindset.com.sg

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