ANNUAL REPORT 2010 / 2011 - MINDS

S/N Description Code ID Response Reasons for Non-Compliance
8 Board members do not vote or
participate in decision-making
on matters where they have a
conflict of interest.
Strategic Planning
9 The Board reviews and approves
the vision and mission of the
charity. They are documented
and communicated to its
members and the public.
10 The Board approves and reviews
a strategic plan for the charity to
ensure that the activities are in
line with its objectives.
Human Resource Management
11 The Board approves
documented human resource
policies for staff.
12 There are systems for regular
supervision, appraisal and
professional development of
staff.
13 There is a system to address
grievances and resolve conflicts.
Financial Management and
Controls
14 The Board ensures internal
control systems for financial
matters are in place with
documented procedures.
15 The Board ensures reviews
on the charity’s controls,
processes, key programmes
and events.
16 The Board approves an annual
budget for the charity’s plans
and regularly monitors its
expenditure.
2.4 Complied All Board members are prohibited from any business
dealings and contracts with MINDS.
A Board member with a declared conflict of interest is not
allowed to vote or participate in decision making on the
matter.
3.1.1 Complied The review is carried out periodically. The vision and mission
are published in MINDS’ website (http://www.minds.org.sg)
as well as in the Annual Report.
3.2.2 Complied Strategic directions are set by the Board at the beginning of
each term.
The 3 key sub-committees, namely School Management
Committee, Social Enterprise and Employment Development
Committee, and Residential, Training and Development
Services Committee will review and approve the schools and
centres’ workplans and budgets annually.
5.1 Complied HR policies for staff are endorsed by the HR Committee and
approved by the Board.
5.6 Complied Annual appraisal and training road maps and plans are in
place for all staff.
MINDS attained the People Developer Standard Award (now
known as People Excellence Award) in December 2006 and
renewed in December 2009.
5.11 Complied Staff Grievance Procedure is documented within the
Collective Agreement with the Union.
6.1.2 Complied This is under the supervision of the Finance and Investment
Committee and documented procedures are approved by the
Board.
6.1.3 Complied Compliance is ensured by the Audit Committee which is
supported by an Internal Auditor reporting to the CEO and
the Audit Committee.
6.2.1 Complied The sector sub-committees are responsible for the annual
budget and its subsequent monitoring.
The annual budget is then endorsed by the Finance and
Investment Committee and approved by the Board.
17 The charity discloses its
reserves policy in the annual
report.
Quarterly budget reviews are conducted for both the schools
and the adult sector.
6.4.1 Complied Reserves policy is disclosed in MINDS’ Annual Report.
B
Does the charity invest its
reserves?
(Skip item 18 if “No”)
Yes
10
MINDS ANNUAL REPORT 2010 / 2011