The Eurasian Association (EA) was founded in 1919, 36 years after the founding of the Singapore Recreation Club (SRC).
  It is unfortunate that so few historical records of the early years of the Eurasian Association have been preserved, but from what evidence is available it appears that the EA had a precursor - the Eurasian Literary Association which was formed in 1918. This literary association ceased to exist in 1919 following the formation of the EA and it seems likely that its founder members were also among the founder members of the Eurasian Association since a number of its committee members also featured prominently in the executive committee of the EA for several years.
  The objectives of the Association as enunciated in its first constitution were as follows :
  To promote the political, economic, social, moral, physical and intellectual advancement of all Eurasian-British subjects.
  To promote among its members an active interest in the affairs of Malaya.
  Generally to look after the interest of all Eurasian-British subjects.
  These objectives remained unchanged from 1919 to 1947.
  The objects of the Association were revised sometime after 1965 but there is no record of the exact date of revision. The objects were
  To promote the economic, social, moral, physical and intellectual advancement of all Eurasian Singaporeans and Eurasian Permanent Residents.
  To promote among the Members an active interest in the affairs of Singapore.
  Generally to look after the interest of all Eurasians in Singapore.
 
In the years before the Second World War, the Eurasian Association maintained close ties with the SRC and the two associations had many members in common. On the eve of the Japanese invasion of Singapore, EA membership stood at 770. In the 1960s records show that membership was about 400 and rose to a record high in the 1970s. The membership figure for 1973 was 855 members. However, in the 1980s membership began to dwindle from 306 in 1981 to153 in 1983, falling as low as 91 in 1986. In 1989, the Management Committee embarked on a massive membership drive which resulted in the membership rising to almost 1,000 in the two years which followed. Membership has grown steadily since then and now stands at 2,388 (as at September 1998.)  
Education has always been accorded a high priority by the Eurasian Association. In 1947 the Hochstadt Scholarship was introduced by the trustees of the estate of John Hochstadt. At $300 per annum, tenable for three years, these awards were for marine engineering, motor engineering, plumbing, carpentry, dressmaking, linotyping and nursing. In addition to this were the Eurasian Industrial Scholarship and the EA School Scholarship for those in the eighth standard. In 1948 a Eurasian Voluntary Industrial Scholarship was started to apprentice boys in trades. In 1971, EA President Thomas Wilfred Prins launched a drive to start a $100,000 scholarship fund.