Hi ALL,
Personally, i am NOT advocating that we STOP all donation. What i am or rather majority of us are saying is
STOP all donation to NKF for the time being.
Reasons?
1.
BIG ReserveAccording to the interpretion make in court, their reserve is able to long at least 30 years (till 2035). Therefore, the concern that some of us and the kidney patients have, such as we are depriving the kideny patients from their treatment. Without our donation, those patients will be in trouble, etc etc. is
NOT true or accruate.
REMEMBER for now till 30 years later, they will still be able to get their treatment given that NKF reserve is BIG enough to last that long (and this is proven in court).
2.
MismanagementSome would say they are doing a good job and as such, its ok. However, public fund aside, they could have better channel this "expenses" to Subsidize more to their patients (so that they could pay less). or help more people by either donating more to other charity organisation etc.
3.
Helps are needed elsewhereKidney is number 3 diseses in Singapore. However, NOT the number 1. Therefore, we could better channel our donation to elsewhere to help more people with other illness.
However, till when should we start donating again? well, my take is, till a time when NKF manage to clean up their own mess in their backyard (such as removal of their CEO & BOD and FULL transparency) and regain our confident in their handling of funds. This could take YEARS.
However, i would like to remind everyone that NKF reserve can still continue to help those patients whom they are currently treating. If NOT for 30years, how about 10-15 years? i believe 10-15 years would be "long" enough for a major overhaul in the management and BOD of NKF. Till then, personally, i will channel my donation to other organisation.
P.S: However, the money is yours lah, thus, its really up to who and which organisation you want to chose to donate
