Consolidated NKF Thread

[nemesis32]

So my brother, nothing is really free in this real & almost heartless world dude.

Yup... it's not free but they are not PAID. Thats the key, we should appauld them rather than question their intergrity etc. In any case, is there a fraud? I don't think so. Misuse of funds, maybe, depends on how you define it. The auditors, IRAS and NCSS also did not make noise so i assume they are ok with it as well. The remuneration package is determined based on experience, connections, working abilities etc.

 

[akane]

if this CEO steps down, I think alot of companies in the private sector will want to hire him..(for bringing in so much profits for a company)

 

[Hommie]

so do you know of any alternative channels that serve 2000 patients?

Cos I don't. Thanks

Heard of KDF??

 

[nemesis32]

I feel that NKF's CEO should get his bonus and whatever perks that is promised to him. When he took a job in NKF, it's just another job. With his abilities, i am sure he can find a job whereby he gets more money, fame as well as benefits than what he is getting in NKF. Not that i am bashing any other organizations, but I have to admit that NKF is the better known charities in Singapore. I am sure we can put any CEO who are willing to get peanuts or even no pay for the job, but the question is would they do as good a job as him? Personally, looking at most of the "non-profit-depending-on-the-public" organizations, i don't think so.

I agree to you to a certain extent. To most people here, S$25k/mth is a lot of money. It is still a lot of money to me as well. However, for CEO, the salary is not really very high. Prob above average. So i have no problem with him drawing S$25k as well.

AS for bonus, i think some common sense shd prevail. How well he performed that it justified 12mths or bonus? Or maybe it's a way to get around a cap on salary? we donno and i don't want to speculate.

 

[Nisa]

and his success is base on not telling the public about the whole truth like:
we need $60m every year( but we only use $7m a year )
we serve 3000 patients a year ( opps sorry it should be 2000 patients a year but you do not need to know that )
our reserves can last only 3 years ( but it is only if every patient do not pay a single cent. But they do pay, if not we'll terminate their program )

How's that for being successful?

haha quite successful, i have to say.
It's not like for a month, but for a few years.

Honestly, i think there is no one who bother or care to find out.
If there is, it would long be discovered.

 

[student]

if this CEO steps down, I think alot of companies in the private sector will want to hire him..(for bringing in so much profits for a company)

Maybe not.

One of the reasons why money are pouring in is because people were led to believe that they were doing a good deed by giving money to NKF. In business, you do not appeal to my generosity.

In business, I WANT YOUR MONEY! NOT you can have my money!

 

[Spectrum]

Yup... it's not free but they are not PAID. Thats the key, we should appauld them rather than question their intergrity etc. In any case, is there a fraud? I don't think so. Misuse of funds, maybe, depends on how you define it. The auditors, IRAS and NCSS also did not make noise so i assume they are ok with it as well. The remuneration package is determined based on experience, connections, working abilities etc.

Btw, are you working in a government sector OR anything alike? If the answer is yes, I have no further questions.

 

[lavenderlilz]

Personally, i think a patient should be upfront about things. Alot of things get to the state of lawyers, because people like to drag their feet about asking for more help.

I won't be so quick to say that because patients drag their feet in asking for help and ended up getting letters of demand from NKF's lawyers. They got letters of demand for payment as they couldn't AFFORD to pay even though they are getting subsidised help from NKF. Where is the :heart: in this? :dunno:

 

[Spectrum]

I won't be so quick to say that because patients drag their feet in asking for help and ended up getting letters of demand from NKF's lawyers. They got letters of demand for payment as they couldn't AFFORD to pay even though they are getting subsidised help from NKF. Where is the :heart: in this? :dunno:

Devil's heart dude! :devil:

 

[deslim27]

if this CEO steps down, I think alot of companies in the private sector will want to hire him..(for bringing in so much profits for a company)

How? By weeping on TV to make profit?

Somehow I think he will be very successful if he run MLM.. :think:

 

[Hommie]

If we channel the donation from NKF to KDF, KDF can grow to that scale easily. Besides, its not as if NKF will close down soon(reserve of $200 million!).

 

[nemesis32]

Nope... but i audited some of the non-profit organisations so i knew for a fact that not 100% of your money will go to the intended recipient. It is a fact. Any organisation will have its overheads just that NKF, being so big, their expenses will be a lot higher.

I think the issue is, they have a lot of staffs but only about 2000 patients. In fact based on the MOH figures, i think only 1400+ patients. With a staff strength of about 900+ (from papers), it is just too much.

When the staff strength is so big, you will need a capable CEO to manage them and thus S$25k is not excessive. It's above average but not excessive.

Like Nisa, i don't defend NKF, just pointing out the facts.

 

[furrycake]

it's history for NKF...

 

[dawgbyte77]

I would measure successful based on the # of people helped, popularity, media exposire and money collected.

Then how would u define more successful then?

Personally, i think a patient should be upfront about things. Alot of things get to the state of lawyers, because people like to drag their feet about asking for more help.

Based on what you say, it leads me to believe that he was there for the reward and not in the spirit of charity? And does this also mean that the donation is considered "profits" and he should get bonus for the money he brought in? As I said, I prefer to measure success based on how much money was collected against how much was actually used for the kidney patient. If they spend more on promotion and media exposure then I will think the objective is a failure. If they collect so much money and put it in reserve and be very selective on who they help, I also think that is failure. I will consider helping 2000 people a year successful but I wonder what happened to those who were rejected due to technicality? I still think you can help a lot of people with $25K a month. Do you mean you prefer to give $25K as a bonus to a CEO than to use them to help a few extra people who were rejected because they can't pay the remaining $850 expenses?

 

[nemesis32]

Yup... KDF is an option. However, i think if all the money flows to KDF, they will not be able to handle it as they only have 20 staffs.... Still Kidney patients will suffer due to the administrative backlog, lack of dialysis centre (most are managed by NKF) etc...

 

[razor]

so do you know of any alternative channels that serve 2000 patients?

Cos I don't. Thanks

No excuses for ignorance. NKF didnt start serving 2000 patients either.

 

[SledgeHammer]

Just wondering if this is a criminal case for lying to the public (about number of patients and reserved funds can only last 3 years for example) to generate more funds by playing on the sympathies of the public? Just wondering why was the lawsuit dropped? More things are hidden from the public? Mmmmm....

Quite sure the CPIB is closely following the developments...

 

[aaron001]

I'm sure there r still plenty of ppl donating as long as the prizes r still there. Thats the temptation of mankind. Nevertheless, should the money reach those who need it is another matter.

Yap..agreed...but damn..from this incident, you can see so many people planning to stop donating to NKF already...

Can you imagine that, becos of these people who managed the funds wrongly, it indirectly caused those who really need the money becos no one wants to donate liao...

very very sad to see this...NKF should revised their entire management... :angry:

 

[maxonline]

MRs GOH has forgotten that it's the people's hard earn peanuts that make up NKF's huge fund.... i really regretted donating to NKF

 

[Speedwagon]

I feel that NKF's CEO should get his bonus and whatever perks that is promised to him. When he took a job in NKF, it's just another job. With his abilities, i am sure he can find a job whereby he gets more money, fame as well as benefits than what he is getting in NKF. Not that i am bashing any other organizations, but I have to admit that NKF is the better known charities in Singapore. I am sure we can put any CEO who are willing to get peanuts or even no pay for the job, but the question is would they do as good a job as him? Personally, looking at most of the "non-profit-depending-on-the-public" organizations, i don't think so.

Have you donate your $$$ to NKF???? If not u better act fast...as Mr. Durex ...oh..no is Durai is now urgently need your $$$ to upgrade his toliet and pay for his own car expenses...since so many people had cancel their donation!!! :sticktong