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What types of overseas expenditure need to be disclosed; and how should my charity classify the disclosure of overseas expenditure?

Updated by MCCY-CU

Charities are required to disclose the total quantum as well as the countries in which the overseas expenditure are incurred, spent in or has benefitted locations outside Singapore under the following categories of expenses:

 

  • Donations to overseas beneficiaries

  • Sponsorships

  • Love gifts to affiliated charities or third parties

  • Missions expenses

  • Humanitarian relief expenses

  • Disaster relief expenses

  • Overseas community projects

  • Overseas staff cost (employees/missionaries stationed overseas)

  • Others

Topics:

Online Financial Summary (OFS)

Related questions

What are the requirements on reporting on overseas expenditures, capital outlay and remittance of funds as agents? Why does the Office of the COC require charities to disclose overseas expenditure, capital outlay and remittance of funds as an agent or trustee?

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What types of expenditure are exempted from detailed reporting?

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What types of overseas capital outlay need to be disclosed? And how should my charity classify the disclosure of overseas capital outlay?

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