NAFA is a not-for-profit private education institution with charity status. We receive financial support from Singapore’s Ministry of Education and dollar-for-dollar matching for cash donations from Singapore’s Ministry of Culture, Community and Youth.

Name of Organisation: Nanyang Academy of Fine Arts

Address: 80 Bencoolen Street, Singapore 189655

Contact Information:
Name of Contact Person: Mr Wong Kron Joo, Director (Finance)
Telephone No: 6512 4033
Fax No: 6337 3920
Email: [email protected]
Website Address: www.nafa.edu.sg

Constitution:
Company Limited by Guarantee
Date of Incorporation: 26 March 2010
UEN.: 201006523M

Charity Status:
Charity Registration No.: 201006523M
Charity Registration Date: 01 April 2010

Institution of a Public Character (IPC) Status:
Effective Date: 1 April 2022 to 31 March 2025

Board Members

Kindly view our board members list here.

Board Members of NAFA (as at Financial Year Ended 31 Mar 2022)

A total of 4 Board meetings were held during the financial year.

Board members	Appointment dates	No. of Board meetings attended
Ms Low Sin Leng, Chairman	01-Jan-12	(4)
Mr Chew Sin Hwa	01-Jan-16	(4)
Mr Chia Wee Boon	01-Jan-20	(3)
Ms Harasha Binte Khalid Bafana	01-Jan-19	(3)
Prof Heng Chye Kiang	01-Apr-17	(4)
Mr Hoong Bee Lok	01-Jan-12	(4)
Dr Kan Yaw Kiong @ Ernest	01-Jan-19	(4)
Dr Kwong Yuk Wah	01-Apr-17	(4)
Mr Latiff Bin Ibrahim	01-Apr-17	(3)
Mr Leong Weng Kam	01-Jan-12	(4)
Ms Low Chi Kien	01-Jan-16	(3)
Mr Low Eng Teong	01-Jan-20	(3)
Mr Simon Ong Chin Sim	01-Jan-16	(4)
Ms Tham Kwang Hsueh Yvonne	01-Jan-20	(4)
Mr Ting Wei Jin, Kennie	01-Jan-19	(3)
Assoc Prof Jesvin Yeo Puay Hwa	01-Apr-17	(3)
Prof Elvin Lim Tze Kiat	01-Jan-21	(4)
Mr Koh Aun	01-Jan-21	(4)
Mr Tan Li Sheng (Chen Lisheng)	01-Jan-21	(4)

Board members appointed for more than 10 years since Jan 2012 (3 in total) are within constitutional limit of 12 consecutive years.
No Board remuneration had been paid.

Board selection, recruitment, re-appointment, training and evaluation of Board effectiveness

• Potential Board members nominated by the Board Executive Committee had to be approved by the Board in accordance with the constitution.
• New Board members had been briefed on their roles and responsibilities.
• Re-appointment of Board members had to be approved by the Board in accordance with the constitution.
• Yearly independent surveys were conducted amongst the Board members to gather feedback for review by the Board.

Key Employees
Mrs Tan-Soh Wai Lan, President (Appointed on 1 January 2021)
Mr Soo Tah Keng Jerry, Vice-President (Academic) (Appointed on 1 July 2016)
Ms Carol Tan, Vice-President (Corporate Services) (Appointed on 1 July 2012)

 

Auditor: KPMG

Financial Information for year ended 31 March

Notes and other disclosures:

• The financial information posted online is extracted from audited accounts.
• Restricted Funds are funds raised for the Campus Development Fund (for its various development projects timeline in the near term), scholarships and bursaries for students (over the course of students programme duration).
• NAFA’s reserve level is more than 1 year of working capital for contingency and campus development project.
• There was a fund-raising golf tournament event in financial period from 1 April 2021 to 31 Mar 2022.
• There were no paid staff who were close members of the family of the Executive Head or Board Member receiving more than $50,000 during the year.
• NAFA has documented procedures for board members and staff to declare conflict of interest.
• NAFA has documented procedures for financial matters in key areas including Procurement procedures and controls, receipting, payment procedures and controls and System for the delegation of authority and limits of approval.
• Staff are not involved in setting their own remuneration.
• NAFA has relevant volunteer management policy in place.