Speaker ask why youth challenge so corrupt
-
Aug 25, 2006
Youth Challenge founder should explain salary
I REFER to the article, 'Charity group Youth Challenge under probe' (ST, Aug 22).
I believe that many members of the public, like myself, would donate to charities out of compassion and most of us would give these charities the benefit of the doubt that our donations would be used appropriately.
However, I am both shocked and appalled that Youth Challenge founder Vincent Lam drew a salary of $13,000 per month even though the charity raised only $400,000 in a year. This works out to $156,000 (excluding any possible bonuses and other benefits), or 39 per cent of the funds raised.
While I doubt that investigations into the charity's books would reveal any wrongdoing, I would like to ask how Mr Lam could justify paying himself about 40 per cent of the monies raised.
This is money from public donations and if no proper explanation is given, I believe many would definitely hesitate the next time they are approached for donations.
Kent Hong Kwok Fai -
Should be 'reader' not 'speaker'
sigh....doesnt matter anyway. since he dont earn 'peanuts'. -
And do you know how much the new NKF Chief's monthly pay is?
-
Did you noticed the proportion of the amount collected to the salary receivedOriginally posted by macjoe:And do you know how much the new NKF Chief's monthly pay is? 
-
13000:400000
. . .
. . . . .
his salary 3.25% of the overall collection -
per month .... not per year .......Originally posted by olala:13000:400000
. . .
. . . . .
his salary 3.25% of the overall collection
I'd like to point out good alternatives for people to donate their hard earned money (and perhaps time and energy as well) .... groups like the red cross is a good organization to donate money too ... almost everyone (save for a few admin staff) is a volunteer there, it can certainly use money ..... also sub units like the volunteer aid division of the Singapore red cross would also like your help ... and you can be sure that your money would be wisely spent ....
please refer to the SRC's website for info ....
http://www.redcross.org.sg/ -
so...Originally posted by Fatum:per month .... not per year .......
I'd like to point out good alternatives for people to donate their hard earned money (and perhaps time and energy as well) .... groups like the red cross is a good organization to donate money too ... almost everyone (save for a few admin staff) is a volunteer there, it can certainly use money ..... also sub units like the volunteer aid division of the Singapore red cross would also like your help ... and you can be sure that your money would be wisely spent ....
please refer to the SRC's website for info ....
http://www.redcross.org.sg/
13000 x period of 12mnths.....156k!
156000/400000
. . .
. . . .
39%
that sukar -
wow 13k per month,charity is really a good biz in singapore sia
-
I think part of the problem is that Vincent Lam is the sole founder of Youth Challenge, which might have resulted in him viewing the charity as his proprietorial enterprise, rather than as a public institution.
-
Charity is so dodgy. How much is too much for the ppl working in it?
-
Sometimes, we forget that the founder of these charities didn't have it good right from the start. That they usually forgo pay for the first few months, or even years, before they start to draw a salary. $13,000 a month is probably 2 compenstate for the fact that the founder of youth challenge wasn't drawing a single cent during the initial setting up of Youth Challenge.
People should learn not to be so uptight over everything. I think this is going 2 have an adverse effect, and people who wanna join or set up charities would probably now think twice, as well as those who donate regularly.