Page 3 - NYAA Annual Report 2023

NATIONAL YOUTH ACHIEVEMENT AWARD ASSOCIATION
ANNUAL REPORT FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2023

EXECUTIVE SUMMARY

The National Youth Achievement Award Association was registered on 12 September 1991 under
the Societies Act. The Association was approved as a Charity on 12 October 1991.

ROS Registration Number: ROS 238/91 UEN No: S91SS0104L

Charity Registration Number: 000840 IPC Registration No: 000721

Registered address: 151 Lorong Chuan
#06-01B (Lobby A) New Tech Park
Singapore 556741

INTRODUCTION

The National Youth Achievement Award (NYAA) was officially launched on 9 May 1992 by the
President of the Republic of Singapore at the Istana.

ADVISORY BOARD

The NYAA Council is advised by an Advisory Board chaired by Mr Heng Swee Keat, Deputy Prime
Minister and Coordinating Minister for Economic Policies. (Please see Appendix 2)

NATIONAL COUNCIL

The Award Scheme is managed by a National Council chaired by Dr Eugene Seah Hsiu-Min, Global
Board Member, COO (Singapore Operations) Senior Director, GCEO Office & Special Projects,
Meinhardt (Singapore) Pte Ltd, NYAA Gold Award Holder (1995), and an award secretariat headed
by an Executive Director, Mr James Soh. (Please see Appendix 3)

BOARD OF TRUSTEES

Chairman: Vacant
(Please see Appendix 4)

INSTITUTION OF PUBLIC CHARACTER

The National Youth Achievement Award Association was approved as an Institution of Public
Character (IPC) under section 37 (2) (c) of the Income Tax Act in 1992. The National Youth
Achievement Award Association has been approved as an Institution of a Public Character (“IPC”)
under the Charities Act 1994 (“the Act”) for 2 years from 1 February 2023 to 31 January 2025.
All donations to the National Youth Achievement Award Association are tax-deductible.

BANKER

The DBS Bank Ltd

AUDITORS

PricewaterhouseCoopers LLP

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