The NTUC-U Care Fund has been named a winner of the Charity Transparency Award 2016 for its exemplary transparency and disclosure practices. The inaugural award was presented to NTUC-U Care Fund at an awards ceremony organised by the Charity Council on 28 September 2016.
The award is a huge confidence boost, considering the fund is only seven years old. NTUC-U Care Fund Chairman David Wong said: “As a relatively young charity, the NTUC-U Care Fund is very pleased to be recognised for our efforts in upholding good transparency and disclosure practices. We strongly believe in being a responsible and responsive charity, fully accountable to all stakeholders.”
The NTUC-U Care Fund is one of 37 charities to receive the award. Over 700 charities in Singapore were assessed on financial statements, annual reports and governance evaluation for this award.
Helping Workers
One of the beneficiaries of the NTUC-U Care Fund is 50-year-old Khairudin Salim, who is the sole breadwinner of his family.
A union member since 2001, Mr Khairudin is grateful for the assistance from the fund and other U Care assistance programmes. These helped to alleviate the financial burden of supporting his family of five, including his wife and mother-in-law who just underwent surgeries this year.
Through this difficult time, his union's bursary was also an additional source of help for his three school-going children.
“My children feel motivated knowing that their hard work in school is being recognised. It is not easy to get the bursary award and I am very grateful that my three children managed to get it each year,” he said.
Good To Know
The NTUC-U Care Fund was established in 2009 to better the welfare of low-income union members and their families. NTUC-U Care Fund supports various assistance programmes such as discount vouchers for groceries, back-to-school vouchers and funding support for bursaries and scholarships.
For more information, visit www.ntuc.org.sg/ucare.
Source: NTUC This Week
