LIONS

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LIONS

• COMMUNITY SERVICE FOUNDATION
• (LCSF)

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History

• Successor to former District Foundation
  established in the seventies
• Set up to raise funds for emergency disaster
  relief
• Originally not a registered body
• -funds raised could only be from Lions
• -RM 10 per member from members subscription

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History

• Recommendation of LRP Committee in 1997/98 to
• - establish registered Foundation with tax
  exempt privileges
• - necessary as Singapore Lions Clubs to form
  separate District 308-A1 in 1998
• Unanimous approval of resolution to form District
  Foundation at 4th District Convention- April 2002
• Received IPC status in 2005. Renewal after Oct.
  2006 subject to agreement of LHE and LBSA to
  subsume their IPCs under LCSF

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History

• Constitution and By-Laws approved and first Board
  of Directors elected 5th District Convention,
  April 2003
• Registration with ROS and Commissioner for
  Charities in 2003
• All District 308-A1 Clubs are members

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Purpose

• To establish a central organization for fiscal
  resources generated by Lions fund-raising
  activities
• -unite Lions in community service
• -eliminate public confusion in competing
  charitable causes
• -encourage donors loyalty

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Purpose

• Subject to validity of IPC status
• To extend scope of Lions fund-raising activities
• To secure tax exempt donations through LCSF for a
  range of clubs fund-raising projects and service
  activities eg.
• scholarships to poor students
• financial assistance to families in need
• local application of LCI programmes, eg. Lions
  Quest Gift of Sight, etc

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Purpose

• To establish the Foundation Endowment Fund from
  donations raised not designated to any specific
  charity to
• -fund Lions service activities in Singapore,
  including LHE, LBSA and other Lions projects

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Sources of Funds

• Annual subscription of maximum 10 per year as
  part of District Dues
• Transfer of funds from former District Foundation
• Funds raised by Lions clubs in District
• Direct donations
• Income from interests earned from existing
  accumulated / Endowment Fund

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Management of LCSF

• Management Committee
• - comprises 10 elected Lions, the District
  Governor and the Immediate Past District Governor
• - members elected to 2 year term, half of whom
  are elected at each AGM (not later than September
  each year)
• - Committee elects Chairman, Vice Chairman,
  Secretary and Treasurer from amongst themselves
• - FY begins 1st July and ends 30 June

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Management of LCSF

• Chairman PCC Dr. Winston Koh
• (LCS
  Central)
• Vice-Chairman IPDG Isabel Cheong
• (LCS
  Arcadia)
• Secretary Angeline Woo
• (LCS
  Evergreen)
• Treasurer IPP Maureen Y.Y Lee
• (LCS
  Ladyhill)
• District Governor Henry W H Tan
• (LCS
  Bedok)

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Management of LCSF

• Directors
• PDG Sylvester Heng (LCS East)
• PDG Eric Ng (LCS West)
• PP Gilbert P C Tan (LCS North)
• PP Peggy L J Liu (LCS Lotus)
• CT Betty Wong (LCS Somerset)
• PP Laurence Chin (LCS Metropolitan)
• PP Lawrence Hair (LCS Nee Soon)

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Board of trustees

• May be non-Lions
• -to leverage on their prominence
• -to enhance transparency of the Foundations
  operation in fund-raising charity giving
• To be elected by members
• Responsibilities enshrined in LCSF CBL

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How Lions clubs can raise funds for LCSF

• Designate funds raised to any other charitable
  causes in Singapore.
• (Tax exempt donations to Lions Home and LBSA
  to be channeled directly to them)
• Directly for the Foundation to be accumulated in
  the LCSF Endowment Fund generate income to
  support Lions activities
• Disbursement Chairman DG may jointly approve
  up to S10,000 disbursement at any one time for
  emergency relief

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How LCSF can support services by Lions Clubs

• Fund deserving Lions service projects
  activities that are
• beyond club/clubs capacity
• geographical coverage
• far-reaching benefit
• Manpower requirement beyond Lions capability

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How LCSF can support services by Lions Clubs..

• Disbursement of funds through applications by
  Lions club/clubs
• Submission of application form to Foundation
  secretary through the District Governor
• Application criteria to be complied with
• Decision to award funding made by LCSF Board
  based on endorsement of the District Governor

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LCSF List of donors ( denotes tax exempt
donations)FY 2005/06
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LCSF List of donors ( denotes tax exempt
donations)FY 2006/07
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LCSF List of donors ( denotes tax exempt
donations)FY 2007/08
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In recognition of contributions made to the LCSF.

• A LCSF Award Scheme will be established and
  implemented.

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LCSF Award Scheme

• Objective
• Visible tangible recognition of monetary
  contributions to LCSF
• Incentive to contribute
• Enhance club status
• Future recognition in evaluating club awards

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Four Award Schemes

• Individual Club Members
• Lions Clubs
• Corporations
• Public

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The Lions Community Service Foundation looks
forward to your continuing support!THANK YOU!