Annual Report 2015

ST JOSEPH’S INSTITUTION INTERNATIONAL SCHOOL Annual Report 2015

Contents Message From Our Chairman 1 Our Governors 2 Executive Leadership Team 3 Our Mission 4 St. Joseph’s Institution International 5 School Ethos 6 Lasallian Values 7 Service To Others 8 Co-curricular Activities 10 Elementary School 12 High School 14 IB Results For Class Of 2015

16

Scholarships 17 Our People 18 Buildings and Facilities 20

Our Finances St Joseph’s Institution International Elementary School Ltd

22

St Joseph’s Institution International Ltd

26

SJI International Scholarship and Bursaries Fund

30

SJI International Building and Development Fund

32

SJII Annual Report 2015

MESSAGE FROM OUR CHAIRMAN 2015 marked SJI International’s 8th year of operation in Singapore. Since the school was established in 2007, we have been blessed to have received the strong support of the local and expatriate community for the LaSallian education and ethos that defines SJI International. On behalf of the Board of Governors and Management of SJI International, I wish to once again put on record our appreciation and gratitude to all staff, parents, donors and volunteers for your unflagging support over the years.

In this Annual Report, we will present a record of all that the school has achieved in 2015, from the wonderful academic attainment of the Class of 2015 to the many character-building and community-bonding projects that the school, students, teachers and parents have been involved in, as well as the continued careful stewardship of the school’s resources by the Board and Management to ensure that SJI International is a high-performing effective and efficient not-for-profit international school of choice in Singapore.

The spirit of service has never been more palpable among our students. Several new initiatives were introduced in 2015, including six environmental awareness projects for Grade 8 students. Our Grade 10 students were offered a new programme based around Service Week, with a choice of about 30 projects in Singapore and SouthEast Asia. This kind of experiential learning through active engagement in community projects underpins the holistic, values-driven education that has become a hallmark of an SJI International education.

Our parents, donors and friends continue to be extraordinarily supportive of the school’s ethos and aims, and we are immensely grateful for their generosity has fueled the school’s success. Through their gifts, they have supported the school’s assistance to charitable causes and enabled the institution to offer one of the strongest scholarship programmes among international schools in Singapore. It is our fervent hope that no student who qualifies for admission is denied an SJI International education because of family economic reasons. For this to be so, we will continue to work closely with our stakeholders and supporters each year to ensure that we have the resources to support the students’ education in SJI International.

As SJI International begins preparations to celebrate our 10th Anniversary in 2017, I exhort our students and staff to build on the progress made and help inspire others in their communities as “people of integrity and people for others”.

Ora et Labora

Roy Quek Chairman, Board of Governors

1

2

OUR GOVERNORS Elementary School (ES) and High School (HS) Roy QUEK Hong Sheng Chairman (ES & HS)

Brother Lawrence HUMPHREY, FSC (ES & HS)

TAN Tee How (ES & HS)

Andrew Woodford BENNETT ( ES)

2015

Elaine NEO Poh Choo (ES & HS)

LIM Soo Ping (ES & HS)

Jessica TAN Soon Neo (ES & HS)

TAN Puay Hiang (HS)

Esmond CHOO Liong Gee (ES & HS)

Michael SNG Beng Hock (ES & HS)

Christopher Geoffrey MINJOOT (ES)

TAN Su Shan (HS)

TAN Chong Lee (HS)

Dennis TANG Chee Heng (HS)

SJII Annual Report 2015

3

EXECUTIVE LEADERSHIP TEAM Brother Lawrence HUMPHREY, FSC Brother President

Dr KOH Thiam Seng Chief Executive Officer

Kevin HANNAH Elementary School Principal

Bradley ROBERTS High School Principal

Clement LEE Chief Operating Officer

Deidre HAZLEWOOD Vice Principal (Curriculum) Elementary School

2015

4

Our Mission Enabling students, within a Lasallian community, to learn how to learn and to learn how to live, empowering them to become people of integrity and people for others.

SJII Annual Report 2015

ST. JOSEPH’S INSTITUTION INTERNATIONAL

SJI International opened its High School in 2007 and its Elementary School in 2008.

Together they are part of a group of seven Lasallian institutions in Singapore with a history dating back to the 1800s.

The school is overseen by the SJI International Board of Governors, comprising SJI alumni, and the school’s patron is Dr. Tony Tan, President of Singapore.

Saint Joseph’s Institution has been notable over the years for its capacity to develop leaders of Singapore society, including members of the current government.

Underpinning the remarkable success of SJI and SJI International has been the role played by the De La Salle Christian Brothers.

The last, the lost and the least

Faith.

Service.

Community.

Enter to Learn. Leave to Serve.

I will continue O my God to do all my actions for love of You.

I am. You are.

We are Lasallian!

Teaching minds, touching hearts

The realisation of the vision of SJI International was a labour of love for a team of alumni of Saint Joseph’s Institution who, having benefitted so profoundly from their own education at SJI, one of Singapore’s oldest and most respected schools, then sought a way to offer Singaporean and expatriate children a similar life-changing experience.

Founded in 1852, the brotherhood embodies the tradition of St John Baptist de La Salle, the French priest who, in 1680, started this order of religious Brothers dedicated to bringing education to all, especially ‘the last, the lost and the least’. Its cornerstone values are faith, community and service. Today there are 4,450 Lasallian brothers and 50,000 Lasallian teachers working in 80 countries around the world.

Let us remember that we are in the holy presence of God.

SJI International is a non-profit coeducational school with a Catholic and Lasallian foundation. It offers a holistic, values-driven and international educational experience to a diverse student body of more than 40 nationalities rooted in the context of Singapore. Our community welcomes students, teachers, parents, friends and supporters of all faiths and cultural backgrounds.

learn how to learn, and to learn how to live.

Heirs of St Joseph’s, valiant and empowering students true! to become people of

integrity and people for others

5

6

SCHOOL ETHOS While welcoming children from all backgrounds and faiths, our ethos, values, and principles have a firm foundation in the Catholic faith and the 335-year tradition of the De La Salle Brothers.

We are a school where people are important and relationships are valued. Our team of caring and dedicated teachers strive to create an environment where children can grow and develop in a safe and nurturing atmosphere.

Our students are empowered to be resilient and critical inquirers. We aim to inspire an enthusiasm and curiosity for learning, and encourage the pursuit of excellence and achievement of personal best in all endeavours.

We strive to nurture students who:

are sensitive and considerate in their dealings with other people

lack prejudice and are enterprising in establishing relations with people who are different from them

are risk-takers, willing to seek challenging experiences that will facilitate their personal growth

are willing to lead and to accept responsibility in society, particularly in order to serve others

strive to make full use of their talents

SJII Annual Report 2015

LASALLIAN VALUES Faith in the Presence of God

Concern for the Poor, and Social Justice

Respect for all Persons

Quality Education

Inclusive Community

The Five Core Principles of Lasallian Schools We are proud of our Catholic and Lasallian heritage and offer many opportunities for Catholic children to explore and deepen their faith. They may participate in weekly catechism classes, daily prayers and weekly Mass in the school chapel. We also offer classes for preparation for the sacraments of first Reconciliation and First Communion.

With children from 40 nations at the school, our community includes families from diverse backgrounds. We are a school where the culture, faith and traditions of each child are respected and celebrated.

The character education programme, underpinned by the Virtues Project and the SMILES Values, provides the vehicle for character development and, being non-denominational, is appropriate for all students regardless of the culture, faith and traditions of their family.

The religious education programme we offer is intended to deepen a student’s conviction in his or her own belief, as well as to create in our students a deeper understanding and appreciation of people’s differences, religious and well as cultural, in order to make the world a more peaceful place.

We stimulate the inter-religious relationship by including the study of Lasallian tradition and heritage within the religious education curriculum.

The School’s SMILES Values

Spirituality Mutual Respect Internationalism Leadership Experiences Service

7

8

SERVICE TO OTHERS The school strives to nurture open-hearted and open-minded students who have a strong sense of purpose, belonging and social responsibility.

As part of our Co-Curricular Activities programme, all students participate in a specific Service project each year. High School students, for example, move from ‘hand-held’ service projects in Grade 7 to organising their own Service trip abroad in Grade 11. Students are empowered to design learning experiences that identify problems and then liaise with local and international communities to understand one another and work collaboratively to solve these problems.

In 2015, Grade 11 and 12 students enrolled in approximately 24 service activities within Singapore. They visited a variety of organisations in Singapore, including homes for the elderly, schools for disabled children and hospital wards. Through such interactions, our students are exposed to a diverse range of people, cultures, faiths and life experiences. This creates opportunities for personal development and enriched learning, and develops our mission for students to become ‘people for others’.

Many were also involved in overseas service projects, such as the school’s ongoing support of the Baan Dada Orphanage in Thailand and The Loola Community Involvement Project in Bintan.

SJII Annual Report 2015

9

10

SJII Annual Report 2015

CO-CURRICULAR ACTIVITIES SJI International offers a myriad activities outside of the classroom. In 2015, high schools students had the choice of over 20 sporting activities, 17 music groups and 30 other activities, both in school and outside school, with some students involved in national level competitions.

These CCAs allow students to pursue their talents and passions while learning invaluable life skills, developing an understanding of themselves and others, and building resilience and a desire to learn.

11

12

ELEMENTARY SCHOOL Prep 1 – Grade 6 By placing the children at the heart of all we do, we create a learning environment that cultivates highly engaged and joyful learners. We support every child to reach his or her potential by offering a broad holistic education and we use a range of digital technology as tools to create stimulating and transformative lessons.

As a Lasallian and Catholic school we are committed to forming strong relationships with our community. It is our mission to help the children to become people of integrity and people who care for others and the world in which we live. The Virtues Project is key in promoting Gospel Values.

CURRICULUM • International Primary Curriculum® (IPC)

STUDENTS

672 41

Singaporeans

236

Singapore PRs

395 Others

FROM

37

COUNTRIES

American Samoa Australia Austria Belgium British Virgin Islands Brunei Canada China Finland France Germany Greece Hong Kong

India Indonesia Ireland Italy Japan South Korea Malaysia Netherlands New Zealand Norway Pakistan Philippines Poland

Portugal Russia Seychelles Singapore Spain Sweden Switzerland Taiwan Thailand United Kingdom United States

SJII Annual Report 2015

BOYS

STUDENT - TEACHER RATIO

316

13

GIRLS • Mandarin

356

SECOND LANGUAGE

13

14

HIGH SCHOOL Grades 7 – 12 The school has developed an outstanding reputation for quality education in Singapore. Our philosophy of Child-centred Active Learning encourages an imaginative and skills-based approach to learning. Drawing upon the best practice of leading international schools in the world, as well as the ethos of the global network of Lasallian schools, the high school offers an academically rigorous programme while developing our students to become thinking and caring global citizens, who are at the same time securely rooted in their community, share common values and have a genuine spiritual awareness.

Each student’s learning experience is built on the foundation of the school’s SMILES values: Spirituality Mutual Respect

Internationalism Leadership Experiences Service

CURRICULUM • International General Certificate of Secondary Education® (IGCSE) • International Baccalaureate® (IB)

STUDENTS

976 629

Singaporeans

130

Singapore PRs

217

Others

FROM

32

COUNTRIES

Australia Bangladesh Canada China France Hong Kong India Indonesia Ireland Israel Italy

Japan South Korea Malaysia Mongolia Netherlands New Zealand Pakistan Philippines Poland Seychelles Singapore

South Africa Spain Sri Lanka Switzerland Taiwan Thailand United Kingdom United States Vietnam Yemen

SJII Annual Report 2015

BOYS

STUDENT - TEACHER RATIO

498 GIRLS

11.5 • Mandarin • Spanish • Malay • Indonesian • Tamil • Hindi

478

LANGUAGES OFFERED

15

16

REACHING NEW HIGHS The Class of 2015 attained an average score of 37.83 points - a new record for the school which compares favourably with the global average score of 31 points.

IB

RESULTS

CLASS OF 2015

42.7% of our candidates scored 40 points or more – another record for the school. Fewer than 5% of IB candidates worldwide achieved 40 points or more in 2015.

BREAKING BOUNDARIES SJI International maintains a fairly broad admissions policy. The Class of 2015 included 17 students who joined the school with a PSLE score of less than 210 points. Overall, this group managed an average IB Diploma score of 36.3 points. One student joined SJI International with a PSLE score of 188 and went on to score 40 points in the IB Diploma; another who joined with a PSLE score of 204 went on to attain 43 points. These demonstrate the outstanding value added

by SJI International.

SJII AVERAGE IB SCORE WORLD AVERAGE

100% PASS RATE

37.83 POINTS

31.0 POINTS

42.7% International

164

26.1%

49

CANDIDATES

115 Singaporean

< 5% SJII 2015

WORLD 2015

SJII 2014

SCORED 40 POINTS & ABOVE

SJII Annual Report 2015

SCHOLARSHIPS AWARDED IN 2015

9

18

Merit-based means-tested scholarships ensure that academically strong students from lower income families can benefit from a SJI International education regardless of their ability to pay. These 3-year and 2-year scholarships are based on a waiver of up to full school fees, examination fees, compulsory fees and allowance.

9

Nationalities

10

Singaporeans

8

Merit-based scholarships, based on up to full school fees waiver only, were separately funded from our operating surpluses.

International Students • Indonesia • India • Vietnam • Philippines

TOTAL

VALUE OF SCHOLARSHIPS

First scholarships awarded in

194 148

~$16 million in fees and associated costs 62% 40 points or higher

2007

scholarships conferred since then scholars have graduated

Average score

40.1 points

achieved perfect 10 scholars score of 45 points

PERCENTAGE OF SCORES Among scholars 2009-2015

30% 35-39 points

8% Below 35 points

17

18

OUR PEOPLE 39.3%

21.8%

High School Teachers

Elementary School Teachers

Staff Strength (4th Quarter 2015)

23.4% Admin Staff

15.5%

Teaching Assistants, Security Staff

Staff Profile Nationalities (4th Quarter 2015) 19.2% Singaporeans

11.7% Singaporeans

10.7% Foreigners

9.6% SPRs

6.4% SPRs

12.5% SPRs

Elementary School Teachers

71.2% Foreigners

High School Teachers

81.9% Foreigners

Admin (incl TAs & Security)

76.8% Singaporeans

N.B. Although SJI International Ltd and SJI International Elementary School Ltd are separate legal entities, they are administratively managed together and share Central Administration.

SJII Annual Report 2015

TEACHERS

135 Full Time Teachers

FROM

15 COUNTRIES Teaching Experience AVERAGE

14.6 YEARS

United Kingdom Singapore Australia India China New Zealand United States Ireland Canada Indonesia Mauritius South Africa Taiwan Malaysia Netherlands

19

20

BUILDINGS AND FACILITIES Addition and Alteration projects completed in 2015: A

Canteen extension providing additional seating for 250 persons

B 5 additional high school classrooms C D E F G H I

Offices for faculty, School Psychologist and High School Counsellor New pathway and wider stairs linking Sports Hall to main building 2 science laboratories Open hard-court for staff parking Classroom for Prep 1 Arts room and pottery kiln Music practice rooms Additional student toilets (including an ambulant toilet)

C

A

E

B

F

D

SJII Annual Report 2015

G

H

I

21

22

Our Finances St Josephâ&#x20AC;&#x2122;s Institution International Elementary School Ltd

SJII Annual Report 2015

Financial Information for St Josephâ&#x20AC;&#x2122;s Institution International Elementary School Ltd Co. Reg No. 201009321K INCOME AND EXPENSES

2013 (S$ ' 000)

2014 (S$ ' 000)

2015 (S$ ' 000)

% Increase/ (Decrease) 2015 vs 2014

Income Donations in Cash- Tax Deductible Donations in Cash- Non Tax Deductible Interest Income Others ( School Fees Income ) Others ( Misc Fee Income ) Total Income

6 11,611 2,539 14,156

24 12,791 1,866 14,681

122 14,384 2,370 16,876

407% 12% 27% 15%

Expenses Charitable Activities Expenses (Note 1) Other Operating & Administration Expenses Total Expenditure (Note 2)

7,447 3,845 11,292

8,720 4,205 12,925

10,056 4,667 14,723

15% 11% 14%

Surplus/ (Deficit)

2,864

1,756

2,153

23%

BALANCE SHEET Assets Land & Building Other Tangible Assets Accounts Receivables Cash & Deposits Total Assets

2013 (S$ ' 000)

2014 (S$ ' 000)

2015 (S$ ' 000)

% Increase/ (Decrease) 2015 vs 2014

6,106 43 5,410 8,067 19,626

5,596 118 4,504 11,437 21,655

5,298 206 4,673 14,380 24,557

-5% 74% 4% 26% 13%

9,074

10,830

12,983

20%

9,074

10,830

12,983

20%

Liabilities Long Term Liabilities Current Liabilities Total Liabilities

427 10,125 10,552

259 10,566 10,825

108 11,466 11,574

-58% 9% 7%

Total Funds and Liabilities

19,626

21,655

24,557

13%

Funds Unrestricted Fund (Note 3) Restricted Fund (Note 4) Total Funds

OTHER INFORMATION Donations/Grants and Sponsorships given to other Charities No. of Employees : Full / Part Time Total Employee Costs (S$ ' 000) Total Related Party Transactions (S$ ' 000) (Note 5) Ratio of surplus to annual operating expenditure

2013

2014

% Increase/ (Decrease) 2015 vs 2014

2015

NA

NA

NA

NA

92 7,782 699 0.8

98 9,207 868 0.8

99 10,572 999 0.9

1% 15% 15% 5%

Notes: 1. Charitable Activities Expenses, as defined by MOE Charity Sector, refer to resources applied by the School in undertaking its work to meet its educational objectives in the delivery of educational services. These expenses include manpower costs (teachers and administrative staff) & educational resources.

2. Of the $14.7m expenditure incurred in 2015, $10.5m relates to Staff costs, $1.0m relates to Depreciation/Other operating costs and the balance $3.2m relates to school facilities and educational programmes.

3. The Unrestricted Fund of $12.98m in 2015 will be kept for future expansion of the school premises as well as the renewal of the lease when it expires in December 2022.

4. There are no Restricted funds for this school.

5. The Total Related Party Transactions refer to the inter-company transactions with SJI International Ltd. 6. The financials cover both the Elementary School operations and the SJII Central Administration.

23

24

1% Interest Income 2% Registration fees 4% Activites & Sundry fees

8% Development fees

Elementary School 2015 Income

85% School Fees

SJII Annual Report 2015

13% Surplus*

48% Teachers Salaries & Benefits

0.9% Other Expenses 5% Depreciation

4% Education Resources

Elementary School 2015 Expenditure 11% School Facilities

0.1% Lasallian & Chapel 1% Data Processing 2% Professional Fees

15% Admin Support Salaries & Benefits

* The Surplus will go towards the reserve for the construction of the new campus when the school lease expires in 2022.

Non-Financial Information for St Josephâ&#x20AC;&#x2122;s Institution International Elementary School Ltd Charity Status

Council for Private Education (CPE) Status

St Josephâ&#x20AC;&#x2122;s Institution International Elementary School Ltd Charity Registration effective date: 1 Dec 2010 Company, Charity, GST & UEN No: 201009321K

Effective Date : 19 Oct 2010 to 18 Oct 2018

Constitution: Public Company Limited by Guarantee Date of Establishment: 30 Apr 2010 Auditor : Loke Lum & Partners

25

26

Our Finances St Josephâ&#x20AC;&#x2122;s Institution International Ltd

SJII Annual Report 2015

Financial Information for St Joseph's Institution International Ltd Co. Reg No. 200607833C INCOME AND EXPENSES

2013 (S$ ' 000)

2014 (S$ ' 000)

2015 (S$ ' 000)

% Increase/ (Decrease) 2015 vs 2014

Income Donations in Cash- Tax Deductible Donations in Cash- Non Tax Deductible Interest Income Others ( School Fees Income ) Others ( Misc Fee Income ) Total Income

1,706 2,777 2 17,058 4,053 25,596

1,188 838 92 19,826 3,181 25,125

2,118 1,565 154 23,054 3,631 30,522

78% 87% 67% 16% 14% 21%

Expenses Charitable Activities Expenses (Note 1) Other Operating & Administration Expenses Total Expenditure (Note 2)

13,438 5,062 18,500

16,243 6,158 22,401

18,069 7,628 25,697

11% 24% 15%

7,096

2,724

4,825

77%

Surplus/ (Deficit) BALANCE SHEET

2013 (S$ ' 000)

2014 (S$ ' 000)

2015 (S$ ' 000)

% Increase/ (Decrease) 2015 vs 2014

Assets Land & Building Other Tangible Assets Investments Accounts Receivables Cash & Deposits Total Assets

20,922 11,355 1,185 19,647 53,109

22,878 10,387 1,676 728 17,760 53,429

22,128 7,962 1,524 1,028 23,164 55,806

-3% -23% -9% 41% 30% 1%

Funds Unrestricted Fund (Note 3) Restricted Fund (Note 4) Total Funds

6,800 14,339 21,139

9,266 14,598 23,864

12,445 16,243 28,688

34% 11% 20%

Liabilities Long Term Liabilities Current Liabilities Total Liabilities

13,791 18,179 31,970

11,434 18,131 29,565

7,153 19,965 27,118

-37% 10% -8%

Total Funds and Liabilities

53,109

53,429

55,806

4%

OTHER INFORMATION Donations/Grants and Sponsorships given to other Charities No. of Employees : Full / Part Time Total Employee Costs (S$ ' 000) Total Related Party Transactions (S$ ' 000) (Note 5) Ratio of surplus to annual operating expenditure

2013

2014

% Increase/ (Decrease) 2015 vs 2014

2015

NA

NA

NA

NA

106 11,601 699 0.4

128 14,570 868 0.4

141 16,664 998 0.5

10% 14% 15% 17%

Notes: 1. Charitable Activities Expenses, as defined by MOE Charity Sector, refer to resources applied by the School in undertaking its work to meet its educational objectives in the delivery of educational services. These expenses include manpower costs (teachers and administrative staff) & educational resources.

2. Of the $25.7m expenditure incurred in 2015, $16.6m relates to Staff costs, $3.6m relates to Depreciation/Other operating expenses and the balance $5.5m relates to school facilities and educational programmes.

3. The Unrestricted Fund of $12.445m in 2015 will be kept for future expansion of the school premises as well as the renewal of the lease when it expires in December 2022.

4. The Restricted funds comprise the Scholarship fund ($8.552m), Building fund ($0.23m) and Deferred Building Capital ($7.461m) 5. The Total Related Party Transactions refer to the inter-company transactions with SJI International Elementary School Ltd. 6. The financials cover both the High School operations and the SJII Central Administration.

27

28

0.3% Interest Income 2% Registration Fees 4% Activites & Sundry Fees 8% Development Fees

High School 2015 Income

85.7% School Fees

SJII Annual Report 2015

8% Surplus*

52% Teachers Salaries & Benefits

1% Other Expenses

13% Depreciation

High School 2015 Expenditure

5% Education Resources

7% School Facilities

1% Lasallian & Chapel 1% Data Processing 2% Professional Fees

10% Admin Support Salaries & Benefits

* The Surplus will go towards the reserve for the construction of the new campus when the school lease expires in 2022.

Non-Financial Information for St Joseph's Institution International Ltd Charity Status

Institution of Public Character (IPC) Status

St Joseph's Institution International Ltd Charity Reg No: 01998 from 20 Oct 2006 Company, GST & UEN No: 200607833C

Effective Date : N.A.

St Joseph's Institution International Scholarships and Bursaries Fund Charity Reg No: 01997 IPC Reg No: IPC000601 UEN No: T06CC1997C

Effective Date : 30 Sep 2008 to 29 Sep 2016

St Joseph's Institution International Building and Development Fund Charity Reg No: 01996 IPC Reg No: IPC000600 UEN No: T06CC1996G

Effective Date : 30 Sep 2008 to 29 Sep 2016

Constitution: Public Company Limited by Guarantee Date of Establishment: 31 May 2006 Auditor : Loke Lum & Partners

29

30

Our Finances SJI International Scholarship and Bursaries Fund SJI International Building and Development Fund

SJII Annual Report 2015

SJI International Scholarship and Bursaries Fund IPC No. IPC000601, Charity No. 001997 Year Balance at beginning of the year Add: Receipts Fixed Deposit Interest Investments Donations from Well Wishers Total Less: Payments Scholars uniforms Scholars hostel boarding Scholar medical and insurance Scholars travel, transport and student pass Scholars school expedition Scholars pocket money Scholars exam fees & marking fees Scholars textbooks & educational items Scholars school fees Charity activities Total Balance at end of year No. of Scholars/Bursary holders Audited by Loke, Lum & Partner from 2011.

2013 (S$)

2014 (S$)

2015 (S$)

2,104,696

5,425,082

6,299,576

1,843 4,062,421 4,064,264

3,121 88,686 1,753,192 1,844,999

26,232 127,441 3,397,435 3,551,108

184 129,010 2,425 8,943 3,380 34,629 3,373 11,954 497,058 52,922 743,878

2,232 258,080 6,414 13,839 7,074 56,637 5,001 7,683 613,545 970,505

1,515 393,148 8,933 12,682 27,654 54,450 8,224 11,296 780,248 1,298,150

5,425,082

6,299,576

8,552,534

46

48

46

SJI International Scholarship and Bursaries Fund was registered as a Charity and related IPC Status on 20th October 2006.

The objective of the fund is to award scholarships, awards and bursaries to deserving scholarship students for their education in SJI International. In an event of dissolution of this fund, the remaining fund balance and assets shall be distributed to other charities with similar objectives which are registered under the Charities Act.

31

32

SJI International Building and Development Fund IPC No. IPC000600, Charity No. 001997 Year Balance at beginning of the year Add: Receipts Fixed Deposit Interest Donations from Well Wishers Total Less: Payments Building Maintenance School Facilities Stamp Duty and Bank Charges Other Facilities, Construction expenses Transfer to Deferred Capital Donations Total Balance at end of year Audited by Loke, Lum & Partner from 2011.

2013 (S$)

2014 (S$)

2015 (S$)

1,397,471

1,203,962

165,003

491,541 491,541

346,227 346,227

303,731 303,731

1,929 835 34,337 647,949 685,050

828 22 84,173 1,300,163 1,385,186

16,828 3,300 218,367 238,495

1,203,962

165,003

230,239

SJI International Building and Development Fund was registered as a Charity and related IPC Status on 20th October 2006. The objective of the fund is to support and fund the building, development and ancillary works of the SJI International campus including construction, additions and alterations, improvements, upgrading infrastructure, furnishings, fittings, air-conditioning, IT & Laboratory equipment, LAN etc. In an event of dissolution of this fund, the remaining fund balance and assets shall be distributed to other charities with similar objectives which are registered under the Charities Act.

SJII Annual Report 2015

Produced by the Advancement & Communications Office Copyright © 2016 St. Joseph’s Institution International All Rights Reserved.

33

34

St Josephâ&#x20AC;&#x2122;s Institution International 490 Thomson Road Singapore 298191 Tel (65) 6353 9383 Fax (65) 6354 3103 www.sji-international.com.sg Enter to Learn, Leave to Serve Elementary School Prep 1 - Grade 6 International Primary Curriculum CPE, Co. Reg & GST no. 201009321K High School Grade 7 - 10 IGCSE Grade 11 - 12 International Baccalaureate Co Reg & GST No. 200607833C

A School of the De La Salle Brothers

www.sji-international.com.sg