Governance
Financials
The figures below are from the Foundation's Annual Report 2025 and cover its first financial period.
Governance
Financial performance
For the financial period from 25 September 2024 to 31 December 2025.
| Item | Amount |
|---|---|
| Total income | S$512,204 |
| Total expenditure | S$37,739 |
| Surplus for the financial period | S$474,465 |
Major transactions
| Item | Amount |
|---|---|
| Project expenses | S$34,720 |
| Incorporation related expenses | S$315 |
Financial position
As at 31 December 2025.
| Item | Amount |
|---|---|
| Total assets | S$483,595 |
| Total liabilities | S$9,130 |
Major financial commitments: none.
Funding and expenditure plans for 2026
In 2026, funding will predominantly be derived from Hwa Chong Alumni Association (HCAA) reserves, allocated to the Foundation’s programmes and grants.
Expenditure will be prioritised towards scholarships, bursaries and awards; programmes that nurture leadership, service and humanitarian values; and assistance for members of the Hwa Chong community in need. The Foundation will apply evaluation criteria of strategic fit, impact, sustainability and efficient use of resources.
Source
These figures are taken from the Annual Report 2025, which contains the summary financial statements.