The Charity Transparency Framework (CTF) serves to help charities enhance their disclosure and governance practices. It also serves as a public education tool for charities and public by highlighting key areas of disclosure that will aid in informed giving.
The CTF is a scorecard for charities’ self-assessment purposes. It is not mandatory.
To encourage charities to be more transparent and to recognise charities for their disclosure efforts, the Charity Council has introduced the Charity Transparency Awards with effect from 2016. Eligible charities will be assessed using the Charity Transparency Scorecard by an independent group of assessors. To be eligible for the award selection, the organisation must:
- Be a registered charity and/or an Institution of a Public Character (IPC) which has been in operation in Singapore for at least three years;
- Have submitted their annual reports, financial statements and GECs for the two immediate preceding financial years; with the later year's submission being an on time submission (i.e. 6 months from the end of the charity's financial year)
- Have gross annual receipts of not less than $50,000 in the immediate preceding financial year.
You may download the documents below:
For any other enquiries or feedback on the Charity Transparency Framework, please email the Charity Council Secretariat at Charity_Council_Sec@mccy.gov.sg.