Governance

More About The Foundation

The Foundation for The Arts and Social Enterprise was established in February 2013 as a non-profit and became an arts charity in September 2014. Consistently involved in the arts scene throughout his diplomatic and business career, its founder, Michael Tay, formed The Foundation to develop and promote private arts projects that both position Singapore globally as an artistic hub and provide a platform for cultural exchange between international and Singapore artists.

Board of Trustees

As a Singapore-registered, Institution of Public Character charity, The Foundation is governed by a Trustee Board which is responsible under Singapore law to ensure that the charitable objectives of the organisation are carried out and that the organisation is held to the strictest standards of governance.

the foundation about us governance trustee michael tay

Michael Tay

Founder & Director 

Executive Director, Asia Pacific Economic Cooperation (2008-2009)

Executive Director, Russia-Singapore Business Forum (2006-2013)

Pushkin Medal Recipient (2011)

Founder of SingJazz (2013)

Singapore Ambassador to Russia (2003 – 2008)

Commissioned Russian composer Vladmir Martynov to compose a symphony on Singapore

the foundation about us governance trustee goh chin lee

Goh Ching Lee

TRUSTEE

Over 25 years working in the cultural sector; involved in the fields of arts policy, research and facilities planning

Former Senior Director at the National Arts Council

Initiated the Association of Asian Performing Arts Festivals and served as its first chairperson from 2004 to 2009

Director of the Singapore Arts Festival (1999-2009)

Other notable festivals, events and concepts include ‘Singapore Season’, ‘Festival Village’, ‘Singapore Festival Orchestra’

Award of the Chevalier (2002)

Made Officier de l’Orde des Arts et des Lettres by the French government (2009)

Bestowed The Public Administration Medal (Silver) at the 2005 National Day Awards in Singapore

 

the foundation about us governance trustee ronnie wee

Ronnie Wee

TRUSTEE

Serial Entrepreneur, Investor and Mentor

Close to 30 years working in technology, consulting, startups, investment, financial services, government and the arts

Founder and Managing Partner of IncuVest (Investment & Consulting Firm, co-invest with Singapore Government)

Mentor, Judge and Board of Advisors across NTU, SMU, INSEAD, and NUS

Founder, Director & Management across IDA International, Datacraft, PlaNET Technology Solutions, and Mallkey Systems

Management, Accenture, 1989-1996

Foundation for The Arts & Social Enterprise Advisory Counsel Singapore

Advisory Council

The Foundation for The Arts and Social Enterprise’s Advisory Council is a network of advisors (individuals and corporates) who support our vision and mission. These key influencers help us to multiply our reach and to provide general and strategic counsel to The Foundation covering a range of issues including public relations, legal, fundraising, branding, and the arts. The Foundation will convene events to gather all members and potential advisors to enable networking and to provide an update about the progress of The Foundation’s ongoing activities.

Current Advisory Council Members include:

— Richard Eu, CEO of Eu Yan Sang
— Joseph Wong, Founder/Director of Foodbar Asia Square
— Ian Ingram, CFO of InfraCell
 Ogilvy Public Relations
— Ravi Chidambaram, Co-Founder of TC Capital

Our Financial Philosophy

The Foundation for The Arts and Social Enterprise converges the arts and business with philanthropy, and dedicates its ongoing efforts to develop projects in the arts space and socially-oriented initiatives that benefit Singapore and extend the Singapore experience to the region and beyond.

The Foundation achieved charity status in September 2014, which allows us to maximise every dollar we receive for our programmes and initiatives. Tapping into the dollar-for-dollar Cultural Matching Fund for the funds raised from the private sector, The Foundation is well-positioned to expand the realm of possibilities in transforming the arts and social enterprises.

First, with the Cultural Matching Fund, any project can double in size, extend the period of progress, and enhance the quality of the programme outcome.

Second, The Foundation will nurture a circle of patrons who will engage directly with the arts community. The idea is to have patron-donors identify their preferred projects and together with The Foundation, venture into the arts space to promote and develop the artists. The benefit for patron-donors may not only be monetary, but also a higher value-add in the form of branding and public profile and a direct contribution to the development of the society.

Third, The Foundation runs on the fundamental idea of a low investment-high impact approach. The plan is to make modest focused investments that will lead to high impact initiatives. It will take a project-driven approach, raising funds based on an evolving portfolio of projects that addresses the immediate needs of the arts community.

The Foundation takes immense pride in our financial efficiency, accountability and transparency to the public. We work to maximise the value of every dollar we receive. We invite you to explore our initiatives, accomplishments and how we put your money to work.

ORGANIZATION NAME
FOUNDATION FOR THE ARTS AND SOCIAL ENTERPRISE LIMITED

REGISTERED OFFICE
27 GILSTEAD ROAD, SINGAPORE 309071

COMPANY BY LIMITED GUARANTEE
UEN Number: 201303721C

Date of Charity Registration
September 14, 2014

INSTITUTIONS OF PUBLIC CHARACTER STATUS
Period: 21/02/2020 – 20/02/2021

Sector Administrator
Ministry of Culture, Community and Youth

For More Information

Visit the Foundation for The Arts and Social Enterprise Limited’s profile on Charity Portal.