The Substation is recognised for exemplary transparency and governance practices.
The Substation - a leading contemporary arts platform was recognised at the Charity Transparency and Governance Awards 2019. Organised by the Charity Council, this annual event presents charities in Singapore with two sets of awards: Charity Governance Awards (CGA) and Charity Transparency Awards (CTA).
The Guest-of-Honour Ms Grace Fu, Minister for Culture, Community and Youth, said, “Charities play a key role in building a caring and inclusive Singapore. Good governance and disclosure practices in charities give the public confidence that their donations are put to purposeful use. I am therefore gratified to note that more charities are adopting good disclosure and governance practices. I commend the winners, and encourage all charities to continue upholding a high standard of governance. Together, let us work hand in hand to grow Singapore’s culture of care.”
The Charity Governance Awards represents the highest honours for charities in governance. The Charity Transparency Awards CTA is an annual assessment that recognises charities who communicate information to their stakeholders in a transparent and timely manner.
Dr Gerard Ee, Chairman of the Charity Council, said, “I am heartened to see more charities, especially the smaller ones, being recognised for their efforts in disclosure and accountability. I hope the successes of these small charities will encourage fellow charities in the pursuit of good governance.”
Asian Art Advisory supports the work of The Substation, and was delighted to collect the award on behalf of such an outstanding arts platform. The Substation received its award within the medium sized charity category that is for institutions with gross annual receipts between $1 M and $10 M.