A Board of Directors exercises governance and oversight over the NUHS Fund to ensure proper financial management, internal controls and compliance with applicable laws and recognised standards.
Day-to-day operations of the charity is managed by NUHS Development Office and NUHS Finance, ensuring that all donations received are managed according to the donor’s intent for use in the respective causes.
Operating costs such as bank charges and administrative charges by online platforms, are covered by ring-fenced funds. This means that every dollar donated to NUHS Fund is channelled in its entirety to support the causes per the donor’s intent.
To uphold transparency and accountability, the NUHS Fund undergoes an annual audit by the Ministry of Health’s Group Internal Audit. For the past four consecutive years, NUHS Fund has received the highest rating of “Good”.
