NKF has $189 Millions
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According to National Council of Social Service (NCSS), the National Kidney Foundation (NKF) has $189 million in the bank
Out of every dollar the NKF raised in 2002, $0.52 went to beneficiaries, and the rest to expenses.
http://www.ncss.org.sg/ncss/about_ncss/news/news_070404_nkf_reserve.html
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Wow- Super fund raising methods...... -
wow!
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Well, now u know why I refuse to see any NKF shows. They are nothing but a bunch of stupid liars.
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blood suckers.
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Only when Singapore's TNP turns into the equivalent of Daily Mirror will we ever discover what goes on @ NKF. It will be more interesting to read than some stuff about Bitchy people's blogs.Originally posted by timothytsgsg:Well, now u know why I refuse to see any NKF shows. They are nothing but a bunch of stupid liars. -
That means, NKF "expended" $0.48 cts per $1, ie $174 million!!!!Originally posted by idwar:According to National Council of Social Service (NCSS), the National Kidney Foundation (NKF) has $189 million in the bank
Out of every dollar the NKF raised in 2002, $0.52 went to beneficiaries, and the rest to expenses.
Why are "expenses" so high at NKF? Auditors?
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No. The directors of NKF.
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note these points in the article:
The Community Chest - NCSS' fundraising arm - itself has $150 million in the kitty.
NKF is not the only one!!!
In 2001, NKF moved into its new $21-million building in Kim Keat Road, funded not by public donations but by the Shaw Foundation, Mr Tay Choon Hye, Singapore Pools, Lee Foundation and the Singapore Buddhist Welfare Services.
but this really beats me!!
In 2002, it employed 947 staff; total employee cost was $26,597,000.
it works out to an average of $2340 per month per employee.
or am i wrong? -
$2340 per month per employee, you are definitely wrong, dragg.Originally posted by dragg:note these points in the article:
but this really beats me!!
In 2002, it employed 947 staff; total employee cost was $26,597,000.
it works out to an average of $2340 per month per employee.
or am i wrong?
I won't mind if that is the exact case, meaning from the top man down to the lowest level man in the NKF organisation, everyone is drawing a equal salary of $2340.
Could someone give a figure on the difference of salary paid between the top and bottom level of personnel? -
Unless someone knows the complete break-down from top dog to toilet cleaner, there isn't going to be a accurate figure.
Of course, Charitable org like NKF have to have a safety net in case the economy is bad and people cut down on donations.
On the other hand, no right-minded org in the world is gonna reveal their pay structure to the public. Transparency is one thing but this would be stupidity.
Of course, $0.48/- per dollar spent on org expenses is rather hefty. Perhaps they can practice KAIZEN.... -
Isn't that against the Singapore's fundraising guideline?Originally posted by idwar:According to National Council of Social Service (NCSS), the National Kidney Foundation (NKF) has $189 million in the bank
Out of every dollar the NKF raised in 2002, $0.52 went to beneficiaries, and the rest to expenses.
http://www.ncss.org.sg/ncss/about_ncss/news/news_070404_nkf_reserve.html
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Wow- Super fund raising methods......
According to the guideline set by the fundraising licensing dept (which is under the CID), 70% has to go to the beneficiaries and only up to 30% goes to the expenditure. -
i don't know why people still donate to this NKF.
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It's a numbers game.Originally posted by mistyblue:i don't know why people still donate to this NKF.
The staff every day work hard in approaching ppl by direct mail, phone calls, sms etc. The more ppl they approach, the more "Yes" they will get from the public. Also look at the number of direct mails they send out every month and the charity shows. Sure can get a good amount of contributions one.
Also, in their charity shows, they are very good at getting the sick children to cry in front of the cameras. Like that, sure a lot of ppl get soft hearted and donate one.
But then hor... one point I would like to bring out, regardless of what NKF says....
Filming can be very tiring even to experienced actors and actresses. Is it going to be too taxing for the cancer patients to talk and cry in front of the cameras? After all, these ppl who are struck by fatal illnesses like cancer need a lot of rest.
And if you notice... they always like to bring their patients to the live shows. Are these patients well enough to sit there for two hours watching the song and dance performances (sometimes dangerous stunts)??
In my opinion, I think it's even more cruel to tax on these patients just to beg for more donations, than us not donating at all. -
NKF is guilty of blowing away $174 million on expenses when it
could have been expended on organ purchase and replacement for
most (if not all) of the current kidney dialysis patients.
With a new kidney, there's no need for expensive recurring dialysis
patient costs.
What a rip-off!!!
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Its just emotional blackmail... make people feel pity and part with $. Some orgs rely on volunteer staff. Its more effective use of resource than to have the permanent staff. Fact is SPCA didn't have good marketing department and didn't review their fund raising and public education. But instead of getting permanent staff in for marketing/public relations, they source current member's suggestions. I am happy to tell them straight on what worked and what didn't. And they changed based on that. And my suggestions are free.
I just felt uncomfortable with the manner NKF is handling things and the way certain reports came about. To me, I feel there's some dishonest elements plus the number of people they actually help is not that great. So I am never interested in enriching a corporation even in the name of helping people. I believe I can do more if my money goes elsewhere. Besides, I don't believe in what they are doing, creating more funds to help more sick people (which is cyclic for them to have another excuse to ask for more funding and cash from the public). I believe in stemming the current unhealthy lifestyle choices which gives people the quality of life. -
that is what they want. To go back to the public and ask for more funds.Originally posted by macjoe:NKF is guilty of blowing away $174 million on expenses when it
could have been expended on organ purchase and replacement for
most (if not all) of the current kidney dialysis patients.
With a new kidney, there's no need for expensive recurring dialysis
patient costs.
What a rip-off!!!
Imagine if tomorrow there's a drug that can help kidney patients and even improve their kidneys. Would NKF support that drug?
to create a nation of sick people, gives pharmacies and organizations like this a reason to make more money from the people. -
Actually, if we want to contribute to help sick ppl, we should just channel our donations to the hospital's charities, which aim to help the needy patients as well as support the medical research in new treatments and cures for the sick. The hospital's charities also put in some of their funds into training new doctors (Note: In sg, we are very short of doctors and nurses!!!). One of the hospital to support will be NUH. Their charity also has Cancer Fund as well as funds for other illnesses. The other one will be Tan Tock Seng, which channel most of their funds into helping Needy Patients pay for their medical bills.Originally posted by mistyblue:that is what they want. To go back to the public and ask for more funds.
Imagine if tomorrow there's a drug that can help kidney patients and even improve their kidneys. Would NKF support that drug?
to create a nation of sick people, gives pharmacies and organizations like this a reason to make more money from the people.
Does NKF Cancer Fund go to researching for new cancer cures? I doubt so. -
Yeah that's what I feel loh... I think when its handled by the hospital, its more effective.Originally posted by Honeybunz:Actually, if we want to contribute to help sick ppl, we should just channel our donations to the hospital's charities, which aim to help the needy patients as well as support the medical research in new treatments and cures for the sick. The hospital's charities also put in some of their funds into training new doctors (Note: In sg, we are very short of doctors and nurses!!!). One of the hospital to support will be NUH. Their charity also has Cancer Fund as well as funds for other illnesses. The other one will be Tan Tock Seng, which channel most of their funds into helping Needy Patients pay for their medical bills.
Does NKF Cancer Fund go to researching for new cancer cures? I doubt so.
Research is really needed to find better meds for ills.
I feel we had a good discussion. Actually people, you know you want to donate, if you walk to an AXS stattion, you can use that "communittee" tab to donate to the charity of choice. I've not explored all the items in there... Paiseh .. -
So low meh? Should be much higher than that.Originally posted by Young@heart:$2340 per month per employee, you are definitely wrong, dragg.
I know they are quite generous in paying. At least that's what they offered to me, every year. I just anyhow humtum a figure that I want cuz I am not keen in their job, they will just say yes/ok (they are very desperate, like that). Dunno why and how they got my number. Every year, they seem to be recruiting and I keep receiving their phone calls at least once a year.
Now they know that ppl are very put off by their contract based jobs. They now offer jobs with no contract for the first six months, after which they will sign a 3 year bond with you (last time was only 2 years). But in any case, any party terminate the contract, the employee has to pay. In other words, they sack you, you still have to pay. Pay either the salary or the money they spend on courses for you. -
Something to read about last night's charity show:
Over S$5 million (S$5, 035,172) have been raised so far in the first part of the NKF Cancer Show on Channel U on Sunday evening.
For the show, MediaCorp Artistes Bryan Wong and Kym Ng played dress-up in paper while some of their counterparts danced and sang.
Some artistes also shared touching stories of friends who died from cancer, all in the name of charity for the NKF Cancer Fund.
The NKF Cancer show hopes to raise money for the thousands of suffering cancer victims and their families in Singapore.
Part two of the NKF Cancer Show will be shown next Sunday at 7.30pm on Channel U. - CNA /ch
Now NKF is $5m richer.
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He's averaging out for everyone.
Either NKF has too many staff or the CEO is giving himself a big salary.
Either way, I don't like the picture. -
Seriously, I think this money is not enough for the needys. NKF cannot simply anyhow give these amount to those who are not really have financial difficulties, they must also consider those who are poor and need these money.
If only medical fee is cheap... -
With so many charities in Singapore, we need to be more selective in contributing. It's best that we read about what each charity is doing and whether they are worth helping or not.Originally posted by mistyblue:Yeah that's what I feel loh... I think when its handled by the hospital, its more effective.
Research is really needed to find better meds for ills.
I feel we had a good discussion. Actually people, you know you want to donate, if you walk to an AXS stattion, you can use that "communittee" tab to donate to the charity of choice. I've not explored all the items in there... Paiseh ..
Eg. between the zoo and SPCA, I will choose to help SPCA. The zoo is too business like nowadays, so I guess they have too much money (maybe like NKF..hehe). SPCA still functions like the way it was when it first started. Their objective and mission have never changed. -
SPCA is another organisation who i see that all they really did is to put many animals to sleep.Originally posted by Honeybunz:With so many charities in Singapore, we need to be more selective in contributing. It's best that we read about what each charity is doing and whether they are worth helping or not.
Eg. between the zoo and SPCA, I will choose to help SPCA. The zoo is too business like nowadays, so I guess they have too much money (maybe like NKF..hehe). SPCA still functions like the way it was when it first started. Their objective and mission have never changed.
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There are too many of them mah. Every day there are just so many abandoned cats and dogs. SPCA also has limited space and money to support all these, thanks to the irresponsible owners.Originally posted by 798:SPCA is another organisation who i see that all they really did is to put many animals to sleep.