Investment Committee The Investment Committee understands LHE investment goals and how these objectives support its mission. It is to direct and monitor the investment of the assets of LHE for the sole interest of the beneficiaries, and advise the Board on Investment Policy. Programmes and Residents’ Financial Welfare Committee The Programmes and Residents’ Financial Welfare Committee advises and familiarises the Board on matters relating to the operations and approaches of LHE programmes and services. These include providing assistance through thorough evaluation on residents and families’ appeals for financial assistance. Service Quality Committee The Service Quality Committee oversees and reviews all aspects of quality and services relating to the provision of care and services in support of getting optimal clinical, administration, operation and financial outcomes for LHE stakeholders and beneficiaries. Strategic Partnership Committee The Strategic Partnership Committee (comprising Fundraising and Volunteer Outreach procedures are in place to identify, assess and manage risks (Financial Risks, Operations Risks, Workforce Risks, Beneficiaries/Clients Risks and Reputational Risks) from a strategic and operational perspective. Risk Management Committee The Risk Management Committee has an oversight responsibility to ensure LHE maintains a proper system for risk management. To ensure LHE, being an IPC Charity, is in compliance with the Code of Governance guidelines issued by the Charity Council, the development and implementation of LHE Risk Management Framework and appropriate of Human Resource Policies and Procedures for employees of LHE. The committee meets twice yearly to deliberate on personnel matters and remuneration.
Policies Code of Conduct and Ethics LHE has in place the respective Codes of Conduct and Ethics (Codes) which are applicable to the Board, staff and volunteers. The Codes have been issued to ensure that its Board members, staff and volunteers are committed to maintaining high standards of professionalism, honesty and integrity in discharging their duties and responsibilities. Communications and Social Media Policies LHE has a Communications Policy to effectively communicate matters relating to its mission, services, activities and programmes, and respond readily to requests of such information to the public, Ministry of Health, Lions Clubs of Singapore and other stakeholders. As LHE uses social media as a platform to build relationships with the healthcare field, its clients, the media and the public, it has a Social Media Policy to provide guidance to anyone using LHE’s social media sites. LHE shall make continuous effort to build up a positive image and represent the interest of its residents in the Bishan and Bedok Homes. The Management Board shall ensure that LHE does not engage in any form of party politics or misrepresent itself to the public. It shall avoid affiliation with organisations or companies that would damage the reputation of the organisation. The Communications Committee, along with the Corporate Affairs Department, will assist Chairman of LHE in vetting all public relations and fundraising materials and press releases. The Chairman of Communications Committee will vet all information to be released to the Committees) meets several times a year to plan and oversee fundraising strategies for the development of LHE programmes and services to achieve its vision and mission, whilst ensuring compliance of fundraising activities.
Audit and Finance Committees
The Audit Committee assists the Board to safeguard the Home’s assets and provide a channel of communication between the Board and external auditors. The Finance Committee, chaired by the LHE Treasurer, ensures that financial statements are properly prepared and audited in accordance with existing rules and regulations (Financial Reporting Standards). This Committee also ensures the legitimate use of LHE financial resources. Both committees meet few times a year to review and approve audited financial statements, and prepare the annual budget. Building and Maintenance Committee The Building and Maintenance Committee advises, assesses and oversees the necessary upgrading and maintenance of both the Bishan and Bedok Homes. Communications Committee The Communications Committee serves to enhance ethical practices in engaging with the media, general public and authorities, and to assist the Board to build a positive image of LHE in promoting good relations with stakeholders. Constitution and By-laws Committee The Constitution and By-laws Committee reviews, evaluates, formulates and recommends changes to the Constitution and Human Resource Committee The Human Resource Committee assists the Board to ensure the formulation and implementation The Contracts and Purchasing Committee receives and reviews proposals and quotations to ensure procurement and contract services adhere to the Procurement Management Policy. By-laws of LHE for relevance, clarity, proper wording, and consistency with existing clauses and by-laws. Contracts and Purchasing Committee
Lions Home Annual Report 2023/24
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