TOC to be owned by separated corporate entity

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An honorable member of the Coffee Shop Has Just Posted the Following:

http://www.theonlinecitizen.com/2014...aborative-ltd/

Media Release


With immediate effect, The Online Citizen (TOC), which consists of the domain name www.theonlinecitizen.com, will be managed by The Opinion Collaborative Ltd (TOC Ltd), a social enterprise registered under the Companies Act.


TOC will retain its full editorial independence, while ceding its administrative and management functions, including those of fund-raising and revenue generation, to TOC Ltd.


This will allow the TOC editorial team to focus completely on its key purpose – bringing news and stories that matter to Singaporeans, and continue in our mission of providing an online platform for Singaporeans to champion causes and values that promote justice, openness and inclusiveness.


What it means for TOC


Having TOC Ltd oversee the financing of TOC provides TOC with a corporate entity with which to raise funds, generate, retain and disburse revenue. At present, this is difficult because of TOC’s lack of corporate status.


At present, there will be no new additions to the TOC editorial team, as additional funds have yet to be raised, but we do hope to increase our editorial capacity in the near future.


TOC Ltd will have oversight of the editorial team only in instances where any member of the editorial team contravenes the website’s editorial values and mission, as this affects public confidence in the website. The editorial team will be able to pursue the day-to-day editorial concerns independently.


What it means for our readers


As such, from a content perspective, users should not expect any change to what they read on TOC. TOC has always been about writing for the people. This will continue.


As TOC’s finances will now be managed by TOC Ltd, all donations will go to a corporate bank account under the care of TOC Ltd. As we recognise that all monies raised in support of TOC continue to be subject to the Political Donations Act, we continue to request that all donations to TOC Ltd for the use of TOC be exclusively from Singaporean citizens only. For verification, we will require you to provide your NRIC number. All donations from non-Singaporean citizens will, unfortunately, have to be refunded.


We would like to appeal to donors to support us by donating using the tabs below. Advertisers keen to support TOC by advertising on our web pages may also contact TOC Ltd directly, at [email protected], to discuss.


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