You can nominate an organisation if it is a legal entity capable of receiving monies, including CPF monies, in its own right.

 

For an entity to be capable of receiving monies, it must be recognised under the law as being capable of doing certain things in its own name and not in the name of its members, such as owning and holding property, suing others, and being sued. Such entities would include societies registered under the Societies Act 1966, companies (including public companies limited by guarantee) registered under the Companies Act 1967, and limited liability partnerships (LLP) registered under the Limited Liability Partnerships Act 2005.

 

You can check if the organisation has been registered as a society, company, or LLP via the following websites:

 

1. Registry of Societies (for registered societies)
2. ACRA's BizFile page (for companies, LLPs)

 

Businesses such as, Partnership and Limited Partnerships are not legal entities and cannot be nominated in a CPF nomination.

 

If you would like to nominate an organisation that is not a legal entity, you can consider the following alternatives:

 

1. Discuss with the organisation on nominating a person holding an official position (e.g. General Manager or Chief Executive) within the organisation, or
2. Nominate a trustee or trust company to receive your CPF savings on behalf of the organisation.

Please note that the person holding an official position in the organisation, trustee or trust company will receive the CPF savings in his or its own right. Members are encouraged to make arrangements with the said person, trustee or trust company on how to thereafter channel their CPF savings to the organisation.

 

Please also note that the CPF Board cannot enforce or ensure that the said person, trustee or trust company will apply the CPF savings received for the benefit of the member’s intended beneficiaries. This is strictly a private arrangement between the member and the person, trustee or trust company.

 

If you require further clarification, you can write to us for assistance.