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When MINDS was formed in 1962, the most commonly used legal structure for a charitable organisation then, was a society. Since then we have grown into one of the largest charities in Singapore, employing more than 800 staff. MINDS is on an amazing growth journey to ensure that relevant and meaningful services continue to be rolled out to not only existing clients but also the unserved and underserved PWIDs in the community.
To further strengthen our ability to deliver services with agility, maintain strong corporate governance and balance risk exposure to members, the Board and Management have studied this issue carefully, consulted with other charities that have taken this path, and concluded that it is in the best interest of MINDS to transition its legal structure from that of a society to a Company Limited by Guarantee (“CLG”). Key benefits include flexibility and ease of operations and better governance.
MINDSG LTD will have new bank accounts in operation from 1 April 2023.
If you are making donations to MINDS by Cheque:
Please make cheque payable to “MINDSG LTD” after 1 April 2023
If you are making donations to MINDS by Bank Transfer/PayNow:
Donation made before 30 March 2023, please transfer to:
Donation made from 1 April 2023 onwards, please transfer to:
If you are making Donation by recurring instructions:
If you have standing instructions with your bank for donations to MINDS currently, kindly amend the receiving bank account to UOB 779-313-826-5 from 1 April 2023 onwards.
If you are making Donation by Cash:
Please proceed as per normal.
If you have any queries on this matter or would like to be provided with any additional information, please do not hesitate to contact Dr Kenny Lai at 64795655 or by email at corporatisation@minds.org.sg.