Finance & Corporate Governance

About Finance & Corporate Governance

Financial Information

Learn more about our financial information here.

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Corporate Governance

MINDS adheres to the Code of Governance for Charities and Institutions of a Public Character (IPCs) laid out by the Charity Council. The public is able to access our full Governance Evaluation Checklist for FY20/21.

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Whistleblowing Policy

MINDS provides an avenue for whistleblowers – staff, volunteers, suppliers, and the general public, who have major concerns over wrongdoings to come forward and disclose their concerns in good faith without fear of punishment or unfair treatment. Wrongdoing relates to all forms of unlawful conduct, financial malpractice, dangers to the public, etc. Examples are:

  • Concerns about MINDS’ accounting, internal controls or auditing matters
  • Breaches of MINDS’ policies, or Code of Conduct
  • Fraud, thefts and misuse of MINDS’ properties, assets or resources
  • Criminal or civil offences (fraud, corruption or theft)
  • Abuse of power or authority; and miscarriage of justice
  • Intentional provision of incorrect information to public bodies
  • Concealment of information about any malpractice or misconduct
  • Practices which endanger health and safety
  • Sexual or physical abuse of clients/pupils or staff
  • Discrimination towards staff or clients on grounds of sex, race or disability
  • Conflict of interest in any activity that is, or appears to be, opposed to the best interest of the organisation.

An individual who believes that any of the above concerns exist, may whistleblow through the following channels:

Channel Contact Details Recipients
Email Whistle_blowing@minds.org.sg Head of Internal Audit & ARC Chairman
Phone 6479 5655 ext 218 Head of Internal Audit (IA)
Phone (if complaint is against IA Department) 6479 5655 ext 222 ARC Chairman C/O CEO
Postal MINDS 800 Margaret Drive Singapore 149310 (Attn: Head of IA) Head of IA
Postal (if complaint is against IA Department) MINDS 800 Margaret Drive Singapore 149310 (Attn: CEO) ARC Chairman C/O CEO

 

To facilitate effective evaluation and investigation, please provide as much details as possible. Be as specific as possible regarding the parties involved, dates, or period of time, the type of concern, evidence substantiating the issue. Please provide contact details in case further information is required. A template report is provided to facilitate the preparation of whistleblowing reports.

Anonymous reports will be considered at the discretion of the ARC. We encourage whistleblowers to provide his/her contact details so that clarifications can be sought if required. All reports will be treated in the strictest confidence and promptly investigated. An acknowledgment will be sent to the whistleblower within three working days of receipt of the report. Depending on the nature of the report, MINDS reserves the right to refer the report to appropriate external regulatory authorities.

No action will be taken against anyone blowing the whistle in good faith. The identity of the whistleblower will be kept confidential unless there is a need for a credible witness to the matter reported.

Personal Data Protection Policy

In line with the Personal Data Protection Act 2012 (the “PDPA”). MINDS refines its processes and controls to ensure data is used only for purposes disclosed unless otherwise permitted under the law. We seek consent for collecting, using, disclosing, and processing personal data where consent can be withdrawn by notification to the Data Protection Officer in MINDS.

For more information on our Data and Personal Data Protection Policy, please contact MINDS’ Data Protection Officer at dpo@minds.org.sg

Overview

At MINDS, we are committed to upholding the principles of good corporate governance. Our ongoing efforts to benchmark our controls and processes with exemplary governance practices demonstrate our dedication to maintain accountability towards the people whom we serve.

We have since received the “Best Transparency Award” for our exemplary corporate governance in 2016, 2018, and 2019 conferred by the Charity Council.