Corporate Governance - CHILDREN'S WISHING WELL
Children’s Wishing Well (CWW) is a registered charity and IPC founded in 2002. We have won the Charity Transparency Awards accorded by MCCY from 2019 to 2023. We focus on supporting children and youth from low-income families, mainly through educational programmes and financial assistance. We reach out to over 1,000 beneficiaries each year via 2 full-service centres, 8 community sites, and collaborations with other charitable organisations. We depend solely on donations from private organisations and members of public to fund our services, while keeping all our programmes and services 100% free of charge for the children and families. We believe that by providing the children with educational support and more equal opportunities, they will be able to maximise their potential and get out of the poverty trap.
singapore, charity, children, children charity, donate, donation
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Corporate Governance

Overview

As a registered charity and an Institution of Public Character (IPC), we are subject to regulations of The Charities Act. This includes requirements for adherence to Accounting Standards, audit and duties of Disclosure.

 

Documented policies and procedures are in place for financial matters in key areas, including procurement, receipting, payment, and quotation sourcing, delegation of authority and limits of approval.

 

No governing board member is remunerated. The CEO is not a governing board member of the charity.

As a registered charity and Institution of Public Character, we abide by the Code of Governance issued by the Charity Council.

Guidelines are provided for broad range of issues including Board Governance, Conflicts of Interest, Financial Management and Controls, Disclosure and Transparency. We are required to submit a Governance Evaluation Checklist (GEC) in accordance with the requirements of the Charity Council.

The full responsibility for providing accurate and updated checklist information rests with the respective Boards. You may wish to refer to the Frequently Asked Questions (FAQs) on Governance Evaluation Checklist.

 

We fully comply with the requirements of the Singapore Personal Data Protection Act (2012). Please click here to see our Privacy Statement in full.

Our Commitment To Service and Quality Standards

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