SGI-USA must be worth several hundred million, Brazil twice that, and South Korea ten times that.. England is worth a mere $50,000,000.00.Japan estimates are from 100-200 Billion.
Total money held is 39,308,337 SGD or after conversion, 32,048,149.27 USD.
Total membership for SSA or Singapore Soka Association is 7,000 for youth division and no numbers for MD and WD.
This is what is told to the members on the SSA website:
Funding
SSA is funded largely by the voluntary donations of her members. Donations are received all year round via walk-in and mail-in channels as well as direct banking instructions by some members.
Annually, the Association organises a one-month donation exercise for members who wish to contribute under the Member Contribution Fund sustained contribution programme.
Other important sources of income for SSA include:
Income generated from sales of Buddhist and related literature and religious accessories;
Income from subscriptions to SSA periodicals, the Creative Life monthly magazine and the SSA Times newsletters;
Income from the lease of niches at the Soka Columbarium; and
Fund-raising from in-house events, such as musical concerts "
Sounds so pure and innocent.
Looking at the financial report more carefully, they made over 3 million in profit or what they call "surplus" between 2010 and 2011.
Separately they have a "building fund" which is the SSA's real estate or "land and building". The "building fund" is 38,892,000 or 31,167,400 US Dollar(s)
So combine the real estate and cash: 63,215,549.27 US dollars.
SGI-USA must be worth several hundred million, Brazil twice that, and South Korea ten times that.. England is worth a mere $50,000,000.00.Japan estimates are from 100-200 Billion.
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ReplyDeleteU.S dollar to Singapore dollar: SGD/USD = 1.22654
Total money held is 39,308,337 SGD or after conversion, 32,048,149.27 USD.
Total membership for SSA or Singapore Soka Association is 7,000 for youth division and no numbers for MD and WD.
This is what is told to the members on the SSA website:
Funding
SSA is funded largely by the voluntary donations of her members. Donations are received all year round via walk-in and mail-in channels as well as direct banking instructions by some members.
Annually, the Association organises a one-month donation exercise for members who wish to contribute under the Member Contribution Fund sustained contribution programme.
Other important sources of income for SSA include:
Income generated from sales of Buddhist and related literature and religious accessories;
Income from subscriptions to SSA periodicals, the Creative Life monthly magazine and the SSA Times newsletters;
Income from the lease of niches at the Soka Columbarium; and
Fund-raising from in-house events, such as musical concerts "
Sounds so pure and innocent.
Looking at the financial report more carefully, they made over 3 million in profit or what they call "surplus" between 2010 and 2011.
Separately they have a "building fund" which is the SSA's real estate or "land and building". The "building fund" is 38,892,000 or 31,167,400 US Dollar(s)
So combine the real estate and cash: 63,215,549.27 US dollars.
Imagine what SGI USA's books look like.
Last comment by Upgrayed
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