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Donor leaves NKF $3m in cash and $1m house..

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  • Donor leaves NKF $3m in cash and $1m house..

    It's the biggest single donation since 2005

    Donor leaves NKF $3m in cash and $1m house

    The National Kidney Foundation recently hit the news with a $900,000 deficit, but suddenly and unexpectedly, it has received $4 million.

    NKF chairman Gerard Ee told The New Paper that a Singaporean had left instructions in his will that the residual of his estate should go to NKF.

    It is the biggest single donation to NKF since 2005 when it was engulfed in financial turmoil involving the former NKF board and management under then chief executive officer T T Durai.

    Mr Ee said the donation is particularly helpful at a time when NKF had to dip into its reserves of $270 million for the first time in 10 years.

    Read the full story in the 30 Nov edition of The New Paper.
    *****************************
    A bad day of fishing is still better than a good day at the office.


    Just me and my NT...

  • #2
    i will never give a dime to NKF. still dare to publish having $270 million in reserve and need to dog into the reserves for the 1st time

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    • #3
      Durex, if he is still the ceo: How about a gold bath tub this time around. LOL!!!

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      • #4
        I think the sum could be better used at the SPCA or ASD, I don't think they as quite as much reserves and their cause is no less noble or misunderstood.
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