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1 Financial Year ended 31 December 2015 Singapore Annual Report & Financial Statements

Singapore Annual Report & Financial Statements · Bangladesh is 0.75/1,000 children, based on World Health Organization estimates. Around 51,200 children are blind, of which 31% are

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Financial Year ended 31 December 2015

Singapore Annual Report & Financial Statements

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WHO WE ARE & WHAT WE DO

At Orbis we transform lives by preventing and treating avoidable blindness and visual impairment. There are 285 million people in the world who are blind or visually impaired, yet 80% can be treated or cured. Providing access to quality eye care is one of the most cost-effective ways to reverse the cycle of poverty. We do this by providing on the ground training for local eye health professionals, supporting and equipping eye health centres around the world and through advocacy and research. Of the 39 million blind people in the world, 90% live in developing countries. This is why we focus our efforts in Africa, Asia and Latin America.

Project Orbis International Inc. (Singapore) Ltd. is an affiliate office of Project Orbis International Inc. headquartered in New York, U.S.A. with 15 offices worldwide. Orbis Singapore raises financial and medical resources to support our blindness prevention work in Asia.

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Contents

WHO WE ARE & WHAT WE DO 2

WELCOME 4

WHY VISION? 5

OUR GLOBAL IMPACT 6

OUR WORK 7

ASIAN HIGHLIGHTS 8

SINGAPORE HIGHLIGHTS 12

THANK YOU 18

CHARITY INFORMATION 19

FINANCIAL STATEMENTS 23

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WELCOME

DEAR FRIENDS,

2015 was a year of laying down the foundation for growth in Singapore. Singapore is our newest global office which opened in 2014 to serve as a resource development base in Asia. Singapore successfully secured new funding for a landmark National Childhood Blindness Project in Bangladesh and inducted new board members this year. We also added one full-time staff and will grow to a team of 3 in 2016.

With a strategy to actively engage corporate partners and corporate sponsors with our sustainable, high impact blindness prevention work across Asia, Orbis began building potential long term relationships in 2015 with hopes that they bloom in the coming years.

Developing quality eye care services in developing countries take time, commitment and great effort. Developing the right corporate partners to support quality eye care capacity building similarly takes time. We will continue to build our corporate and medical partnerships this year. Ultimately, these efforts in Singapore will help improve access to eye care across Asia and help us reach the goal of eliminating avoidable blindness where it is most common.

On behalf of everyone at Orbis, we thank you for your support as we grow in Singapore and bring vision to many more.

Orbis Singapore Board Khoo Seng Thiam Prof. Donald Tan Dato’ Kulasegaran Sabaratnam Norman Liu

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WHY VISION?

VISION EMPOWERS

VISION IS A CATALYST

VISION IS WITHIN REACH

Access to qual i ty eye care is one of the most effective and cost effi cient paths for reversing the cycle of poverty. Preventing and treat ing v isual impairment empowers ind ividuals. I t allows them to become more act ive in thei r community and to contribute more fully to their family and thei r society.

Improved v ision sparks a powerfu l r ipple effect, spreading posi t ive benefi ts f rom one person to his or her fami ly, f rom one eye care professional to an enti re hospi tal , and f rom one ne ighborhood to an enti re community transformed.

We look to a future where communities around the world have sustainable eye care inf rastructure and trained eye care pro fessionals – and we know that together we can make this v ision a real ity.

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OUR GLOBAL IMPACT

Our results since 1982

92 COUNTRIES SERVED

23 MILLION LIVES IMPROVED

925,000 EYE SURGERIES/LASERS PERFORMED

325,000 MEDICAL PROFESSIONALS TRAINED

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OUR WORK

ADVOCACY. TRAINING. RESEARCH. These three elements are the building blocks of Orbis’s main goal: building capacity in the places we work.

We define capacity building as the development of adequate eye care health infrastructure, trained staff, and resources to provide sustainable, quality eye care. This is the core of what we do and how we work to transform lives.

In Singapore, we focus on advocacy to raise awareness about avoidable blindness and garner resources needed for our eye care capacity building work in Asia.

For a full overview of our work, please refer to our Global Annual Report at www.orbis.org.

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ASIAN HIGHLIGHTS

BANGLADESH , with a population of 160 million, has a high prevalence of blindness. Children constitute almost 42% of the Bangladesh population. There are about 67 million children in the country. The majority of the population live in rural areas.

The prevalence of childhood blindness in Bangladesh is 0.75/1,000 children, based on World Health Organization estimates. Around 51,200 children are blind, of which 31% are due to cataract which can be cured by surgery. It is estimated that for every one million people in Bangladesh, there are 300 blind children, of which around one third (100 children) are blind from cataract. Children who are blind have to overcome a lifetime of emotional, social and economic difficulties which affect the child, the family and society.

To prevent avoidable childhood blindness, Orbis is implementing the National Childhood Blindness Project (NCBP) with multiple partners under the government’s “National Childhood Blindness Reduction Program”. This five-year national level project is aimed at increasing access to quality eye care for the children of Bangladesh in order to prevent and reduce childhood blindness. The NCBP will establish a nationwide quality pediatric eye care service network through 10 pediatric centers that will cover at least 50% of the children of Bangladesh. In 2015, a donor who has requested for anonymity, committed to supporting the establishment and operations of a new child-friendly pediatric eye center at an Orbis partner hospital under the NCBP. The donor’s support for 2 years will make available quality pediatric eye care services in an underserved region to prevent avoidable blindness and uncorrected refractive error among children.

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Volunteers from 5 Deutsche Bank Asian offices lend Orbis their interpretation skills in Hanoi, Vietnam

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THE FLYING EYE HOSPITAL is a fully equipped mobile teaching hospital and an Orbis icon for preventing blindness. On the outside, the plane is like most other aircraft. Inside, it’s like no other – it hosts an ophthalmic hospital and teaching facility right on board.

On board the aircraft and in local hospitals, the Orbis team and Orbis Volunteer Faculty provide hands-on training to convey the latest medical knowledge to help local eye care professional treat patients and address the leading causes of blindness in their communities. In 2015, our Flying Eye Hospital held programs at two locations in Vietnam – Hanoi and Hue.

With a sponsorship from Deutsche Bank, the Hanoi Flying Eye Hospital program in May to June 2015 benefitted from the priceless service of a dozen Deutsche Bank staff volunteers.

At the local hospital and on board the plane, DB volunteers were deployed as interpreters and also assisted with logistics. From interpreting patient education to communicating with airport authorities, the Deutsche Bank volunteers worked their language skills.

The support from Deutsche Bank and other key sponsors enabled 196 children and adults to receive eye screening, and 87 patients to be treated in Hanoi. 41 local medical professionals received hands-on surgical training and a further 291 Vietnamese nurses, biomedical engineers and technicians were trained during the Hanoi program.

This is the second consecutive year that Deutsche Bank has sponsored a Flying Eye Hospital program in Asia and provided local language volunteers. We thank Deutsche Bank for their enduring support and look forward to working with their enthusiastic volunteers in 2016.

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SINGAPORE HIGHLIGHTS

3 - 4 MARCH 2015 – Standard Chartered Bank sponsored and provided much needed volunteers for two Orbis Blindfold Lunches held at Parkview Primary School in March. The Blindfold Lunches were a novelty for the Primary 5 students and the excitement and enthusiasm of the students was palpable. The Orbis Blindfold Lunch provides primary school students with an opportunity to experience the loss of

vision, the hardship of the blind, and reminds students to cherish their eyesight. The Blindfold Lunch and interactive games also helped the students to gain a sense of empathy for those who are blind, far beyond their classroom walls. A total of 145 students participated in the Blindfold Lunches facilitated by about 30 Standard Chartered Bank volunteers.

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8 APRIL 2015 – Orbis helped to facilitate a Singapore Eye Care Gaps Roundtable Discussion hosted by the Singapore National Eye Centre (SNEC) and Standard Chartered Bank in April. This discussion which included participants from Capitol Optical, Essilor Vision Foundation, Essilor Singapore, Johnson & Johnson Vision Care, Luxottica Singapore, Health Promotion Board, and Standard Chartered Bank’s Seeing is Believing initiative.

Moderated by Professor Donald Tan, SNEC Senior Consultant and Orbis Singapore board member, the session probed key gaps in the Singapore eye care service system and discussed possible ways to close these gaps.

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OCTOBER – Orbis marked World Sight Day 2015 with a series of teaser postcards and an online awareness campaign, which “blindfolded” six iconic

Singapore landmarks to challenge people to think about what they would miss most if they lost their eye sight – even for just one day.

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12 OCTOBER 2015 – As part of World Sight Day celebrations, Orbis conducted an “adult” version of the Blindfold Lunch for Standard Chartered Bank staff at their Marina Bay Financial Centre office. More than 100 participants spent their entire lunch hour blindfolded in darkness without a single peek at their meal, and

experienced the life of a blind person for a brief 60 minutes. Deprived of their key sense of sight, the participants explored the use of their other senses through a series of games and went back to work with a greater understanding of common eye diseases.

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29 – 30 OCTOBER 2015 – Loyang Primary School students got a taste of blindness with the help of a corporate neighbor.

FedEx Express sponsored an Orbis Blindfold Brunch at this school close to their office.

Staff volunteers from FedEx Express spent half a day at the school facilitating brunch and games for more than a hundred Primary 6 students.

The FedEx volunteering effort was part of FedEx’s global staff volunteering initiative “FedEx Cares”.

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THANK YOU

Our vital work is made possible through our donors, volunteers and partners. Thank you! GIFTS OF $1,000 & MORE Anonymous

Canon Singapore

Deutsche Bank AG Singapore

FedEx Singapore

GE Capital Aviation Services staff

GE Foundation

Mahawar family

Standard Chartered Bank

GIFTS OF TIME Allen & Gledhill

Clifford Chance

Deutsche Bank Asia staff

FedEx Express Singapore staff

Joanne Tan

Luke Tan – Tomatoes Pictures

Lee Jun Lei

Michael Chiang

Standard Chartered Bank staff

GLOBAL CORPORATE PARTNERS Alcon

FedEx

Fondation L’Occitane

OMEGA

Pfizer

Ronald McDonald House Charities

Standard Chartered Bank

United Airlines

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CHARITY INFORMATION

INCORPORATED AS Project Orbis International Inc. (Singapore) Ltd. (a Company Limited by Guarantee) on 4 Dec 2013

UNIQUE ENTITY NO. (UEN) & CHARITY REGISTRATION NO.

201332607E

CHARITY REGISTRATION DATE

2 Dec 2014

REGISTERED ADDRESS 352 Tanglin Road, #02-03 Tanglin International Centre Singapore 247671

Effective: BOARD OF DIRECTORS Khoo Seng Thiam Managing Director

FedEx Express

4 Dec 2013

Dr. Donald Tan Senior Advisor Singapore National Eye Centre (SNEC)

4 Dec 2013

Dato’ Kulasegaran Sabaratnam

Lawyer 23 Jun 2015

Norman C.T. Liu Chairman GE Capital Aviation Services (GECAS)

1 Dec 2015

KEY POSITION HOLDERS Amy Tan Director 1 Jul 2013

BANKERS The Hongkong and Shanghai Banking Corporation Limited

AUDITORS BDO LLP

CORPORATE SECRETARY

Tricor Singapore Pte Ltd

FINANCIAL YEAR 1 January – 31 December

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CHARITY INFORMATION

CHARITY OBJECTIVE Project Orbis International Inc. (Singapore) Ltd. (“Orbis Singapore”) is formed exclusively for charitable purposes, and not for pecuniary profit or financial gain. The purposes for which the Company is formed are to organize, administer, manage, staff, operate an itinerant medical project for the exclusive purpose of exchanging, sharing, teaching and demonstrating the latest surgical and medical techniques on a non-profit and worldwide basis, especially in the field of ophthalmology, but nothing herein shall authorize the Company, directly or indirectly, to engage in or include among its purposes the operation of a health or health related facility, a school of medicine or the practice of medicine.

Orbis Singapore is an affiliate office of Project Orbis International Inc. headquartered in New York, U.S.A. with 15 offices worldwide. RELATED ENTITIES

Name of related party Relationship with the Company

1 Orbis International (Headquarters in New York, USA) International Office 2 Orbis Hong Kong International Office 3 Orbis Shanghai International Office 4 Orbis Bangladesh Program Office 5 Orbis Beijing Program Office 6 Orbis Ethiopia Program Office 7 Orbis India Program Office 8 Orbis Vietnam Program Office 9 Orbis Africa Affiliate 10 Orbis Canada Affiliate 11 Orbis Ireland Affiliate 12 Orbis Macau Affiliate 13 Orbis Singapore Affiliate 14 Orbis Taiwan Affiliate 15 Orbis United Kingdom Affiliate

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CHARITY INFORMATION FUNDING SOURCES & FUNDRAISING ACTIVITY Orbis Singapore raises funds for its blindness prevention programs in Asia and elsewhere through private contributions from corporations, foundations and individuals. It does not receive any Singapore government grants. Orbis Singapore did not hold any public fundraising events in 2015. RESERVES POLICY Orbis Singapore will ensure a reserve of approximately six months of operating expenses so that the company will have sufficient capital to meet any outstanding commitments and tide over any unbudgeted costs or unexpected shortfall in income.

REVIEW OF FINANCIAL STATE Orbis Singapore received charitable contributions of cash and gifts-in-kind totaling $286,895 for the financial year ended 31 December 2015. Due to unexpected delays and changes in donor plans, cash-only charitable contributions in FY2015 were below budget by 49%. Expenditure for the year was 10% below budget. As a result, Orbis Singapore ended the year with a net deficit of $134,536. STAFFING As at 31 December 2015, there were 2 full-time employed by Orbis Singapore. Orbis Singapore plans to hire one more full-time staff in 2016.

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CHARITY INFORMATION

FUTURE PLANS AND COMMITMENTS New Flying Eye Hospital Orbis launches the new third-generation Flying Eye Hospital in 2016. Our plans for 2016 and 2017 will revolve around this new teaching hospital as it takes to the skies and trains more medical professionals in developing countries to prevent and treat blindness. Orbis Singapore plans to secure both volunteers and corporate sponsors for the new Flying Eye Hospital’s maiden medical programs in China and Indonesia in 2016. Medical volunteers from Singapore serve as master trainers or what we call Orbis Volunteer Faculty. Non-medical corporate volunteers provide their language interpretation and logistics skills on boar d the Flying Eye Hospital and at Orbis partner hospitals in the local country. The Flying Eye Hospital is expected in Singapore in December 2016. We will take this opportunity to engage corporate partners, volunteers, donors and other supporters to celebrate this state-of-the-art tool which combines the best of medicine with aviation. Orbis Singapore will be staging special events and plane tours to mark the occasion. 2016 Focus Areas Cybersight, Mongolia and Vietnam are three focus areas in the coming year. We aim to raise awareness of these programs locally and seek resources either in-kind or cash to advance our sight saving mission. .

Cybersight is an Orbis-backed online ophthalmic consultation and mentoring platform. 1,600 mentors and mentees have used Cybersight to improve eye care for more than 13,500 patients in 140 countries so far.

Orbis is in the midst of an ambitious 5-year program to create a scalable and sustainable vision care network in Mongolia, which covers the capital and five rural provinces in this huge nation. The vision care network in Mongolia will provide services from basic vision screening to complex pediatric surgical procedures.

In 2016, Vietnam will launch in a new program to address diabetic retinopathy in a rapidly growing number of diabetic adults in the underserved Mekong Delta region.

Singapore Activities In Singapore, Orbis will expand the reach of its well-received Blindfold Lunches for primary school students with the support of corporate volunteer facilitators. We will also expand the reach of the 60-minute Blindfold Lunch for Adults to more new corporate supporters.

Volunteers play an important role in supporting Orbis’s medical and non-medical work. The support from volunteers helps us to reduce administrative costs, Singapore will kick start formal quarterly volunteer briefings in 2016 to recruit and induct new volunteers.

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FINANCIAL STATEMENTS

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Photos are courtesy of:

Geoff Bugbee

Joanne Tan

Luke Tan

Project Orbis International Inc. (Singapore) Ltd. 352 Tanglin Road #02-0. Singapore 247671

UEN & Charity Registration No. 201332607E

www.orbis .org T: 65.6479.5875 F: 65.6479.1805

E. [email protected]