who have enabled the Home to continue providing the care to the elderly in our facilities. This year, the total outright donation has increased by 10%. We continue to look forward to your kind support while we continue to provide excellent care to the elderly. THANK YOU Going forward, Lions Home will continue in our endeavour to tap on technology to enhance the quality of life and ensure the safety and well-being of our residents. We will persevere in exploring the latest healthcare technologies to provide new experiences to our residents, to keep them actively engaged, physically and mentally, and to provide them with quality care during their sunset years. We would also like to thank all Lions Clubs of Singapore, corporate and individual donors, and all our volunteers for choosing to make a difference through your donation and time. We appreciate your support and your contribution has made a meaningful difference in the lives of the elderly residents we serve.
the COVID-19 pandemic, this event was cancelled for three years. We were glad that our staff enjoyed themselves. We would also like to thank all our generous sponsors and guests for making the event a memorable one for our staff. RECOGNITION NIGHT 2023 We were very privileged to have Deputy Prime Minister and Coordinating Minister for Economic Policies, Mr Heng Swee Keat, as our Guest of Honour, for the Recognition Night 2023 on 8 December 2023. There was a total of 73 awards presented including the prestigious H K Lau award, Distinction, Excellence, Merit, and Friends of Lions Home awards. These were given to the various Lions Clubs in Singapore, individuals, and organisations for their invaluable contributions. FINANCIAL STATUS For FY2023 (ending 31 March 2024), I am pleased to report that we have an operating surplus of $1.034 million. This was mainly derived from the investment income which we have placed with two investment banks in Singapore. The government subvention and various government grants have increased by 13.5% which allows Lions Home to continue to provide excellent care to the elderly residents under our care. It is always a challenge to manage the rising costs in nursing homes, especially staff-related costs which we have seen an increase of 10%. The rising staff-related costs has been partially supported by the government grant. Overall, the total cost has increased by 2.5%. Lions Home is always thankful and grateful to our generous donors
ACCOLADES We are honoured to be receive various accolades over the year and it is a validation of our uncompromising commitment to quality and service. On 26 October 2023, Chief Executive Officer, Ms Doreen Lye, and Director of Nursing, Ms Patsy Pang both received the Public Service Medal (COVID-19) at the National Awards (COVID-19) ceremony. Nine staff members were also awarded the prestigious COVID-19 Resilience Medal (CRM) at the COVID-19 Resilience Medal Appreciation Event on 10 December 2023. In December 2023, Lions Home was awarded the status of Certified OJT Centre (COJTC) Champion by the Institute of Technical Education (ITE) for our efforts in staff training. FUNDRAISING The Lions Home Flag Day 2023 successfully exceeded our fundraising goal of $250,000, to raise $255,414. With the dollar-for-dollar matching under the Tote Board’s Enhanced Fundraising Programme and Community Silver Trust fund, the campaign raised over $500,000. Lions Home is grateful for the support of the Lions Clubs of Singapore, the various organisations and members of the public. STAFF NIGHT 2023 31 March 2023 marked the first time that staff at both our Bishan and Bedok Homes were able to get together in person for a well-deserved night of celebrations at the Singapore Marriott Tang Plaza Hotel. Due to
Past District Governor (PDG) Steven Seah Chairman
Lions Home Annual Report 2023/24
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