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Aleta Planet Foundation: Supporting children and elderly in the fight against COVID-19
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Aleta Planet Foundation: Supporting children and elderly in the fight against COVID-19

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Three people posing with a check from Aleta Planet, expressing joy.

To help bolster the combined efforts in combating the adverse effects of the COVID-19 pandemic within our community, fast growing fintech company Aleta Planet has donated $100,000 to the Mediacorp Enable Fund, a community fund administered by SG Enable.

The proceeds are part of an initial larger commitment of $200,000, and will go towards supporting the elderly who have to work despite their frailties and children with disabilities, as well as those from low income families.

The sum will be donated via the Aleta Planet Foundation, a donor advised fund established in partnership with the Community Foundation of Singapore (CFS). The Aleta Planet Foundation will work with CFS to identify existing needs for the elderly and disabled children, find suitable charity partners to work with and to manage the funds received.

“We are deeply grateful to Aleta Planet Foundation for their strong spirit of charity and choosing the Mediacorp Enable Fund to make their first donation. The generous contribution will provide much needed financial assistance in meeting the last mile needs of persons with disabilities, as well as to help them fulfil their aspirations in life,” says Mr Ku Geok Boon, CEO of SG Enable.

Set up in Singapore just six years ago, the Aleta Foundation specialises in payment solutions to and from China, and plans to increase their contributions to the community in the future as part of their sustainable corporate giving culture.

“As Aleta Planet has reached a level of growth, we feel that it is now fitting for us to give back to the community in which we operate,” said Mr Ryan Gwee, Chairman and Group CEO of Aleta Planet. “This is especially timely amid a pandemic and recession that have created considerable hardship for the most vulnerable groups living on the fringes of our society.”

The donation seeks to also support the elderly who have been abandoned by their families, and will focus on children from low-income families to help them realise their fullest potential in life.

“We look forward to closer collaboration with the Aleta Planet Foundation to identify gaps in the community so as to foster more effective giving and amplify the positive impact they have on our society,” says Catherine Loh, CEO of CFS.

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The competition was organised by City Harvest Community Services Association and received support from FUN! Fund, a Community Impact Fund jointly established by the Community Foundation of Singapore and the Agency for Integrated Care, with the aim of addressing social isolation among the elderly.

Senior Minister of State, Ministry of Communications and Information & Ministry of National Development Mr Tan Kiat How attended the event. He encouraged the elderly to stay physically and mentally well, as well as urging them to participate in community activities and enjoy their golden years together.

Learn more about FUN! Fund at https://www.cf.org.sg/fun-fund/.

 

The programme provides the children with a non-threatening platform to connect with peers and have positive conversations. In addition, it exposes them to different people who can assist to broaden their perspectives.

L.S., a volunteer with the Reading Odyssey programme @ Spooner Road

中心“常胜将军”胡锦盛:比赛限时反应要快

现年92岁的胡锦盛是最年长的参赛者。自2017年退休后,他几乎每天都到活跃乐龄中心报到,从此爱上了玩拉密,每次可玩上三个小时,在中心是“常胜将军”。

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Make Your Donations More Impactful

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Donating to a worthy cause seems easy. Many people simply give to a charity that asks, give where they gave before or talk with friends. By being more strategic with your money, though, you can make sure your donation has more impact, regardless of whether it is small or large.

Strategic Giving

It is indeed easy to give to charities that you know or that friends recommend. Ad hoc donations without doing a bit of research and deciding on your strategic purpose may, though, have less impact or not fully align with your values.

Starting with a clear giving strategy can enhance the impact of your giving, the Singapore EDB observes. It is better to clarify your goals before considering any donation by considering what you want to change, how much effort you want to put in, the amount you wish to give and the means you have to achieve them. “While data, best practices and tools are available, philanthropy is inherently personal and driven by passions and interests.

Along with giving to causes you support, it is important to ensure that the organization you donate to is reputable. “Better Ask, Better Check, Give Better,” the Charity Portal suggests. You can ask for details such as how your donation will be used, who the beneficiaries are and how much of your donation goes to the beneficiary. Not being able to get this basic information may be a red flag. You can also verify that the beneficiary is a registered charity or provides information to the Commissioner of Charities.

If you need advice, a variety of organizations can assist. Asia Community Foundation, for instance, says it provides donors with support and expertise to make confident and purposeful giving decisions.

Finding the Right Organization for your Philanthropy

One easy way to find reputable organizations to donate to is to use giving.sg, part of the National Volunteer & Philanthropy Centre (NVPC), lists more than 500 non-profits and categorizes them into “causes”. You can select the type of organization, look for ones in that category, click on ones of interest to “learn more,” and donate directly once you have found an impactful organization that aligns with your goals. You can usually also receive a tax benefit.

An alternative for people who want to make a larger donation is to set up a Donor Advised Fund (DAF). You can establish a fund with a donation and use the money to make future gifts to charities. Along with the administrative services that the manager provides, you can get a tax donation for your donation even though you’ll actually give funds to charities later.

The first DAF manager in Singapore and perhaps the most easily accessible one is the Community Foundation of Singapore (CFS), established in 2008. At CFS, said CEO Catherine Loh, “we aim to inspire and enable strategic philanthropy.” Donors can enjoy an upfront tax deduction when they make their contribution and disburse grants over time. CFS takes care of the administrative work, and it provides advisory and grant-making services. “We work with the donors to understand their philanthropic goals,” Loh said “and help them achieve their objectives. As needs become more complex, we aspire to help our donors to make the leap from ad hoc reactive charitable giving to strategic philanthropy which has clear goals and evidence-informed plans and attempts to tackle the roots of complex problems.” CFS scans Singapore’s charity sector to find worthy programs to fund, conducts due diligence and helps donors disburse grants to charities, social enterprises or ground-up groups.

Measure the Impact 

To ensure your donation has the intended impact, it is important to assess the results of what the charity actually does. You can do it yourself, or a DAF such as CFS can help with impact measurement.

The Tan Chin Tuan Foundation, one of the early movers in impact measurement, provides insights on what to measure. It explains that a donation is a social investment, and each donation should generate a social return in order to be effective. “The outcome would answer questions such as “How far has this donation gone to help, change or improve society?” and “Can the social investment be given differently to achieve a better outcome?”

Rather than just looking at how many people show up for events, for instance, you can look at how the organization changes lives, how it is a catalyst for change in a particular sector, whether it has long-term impact or just organizes events with limited impact, and other outcomes. If they don’t provide information, it may be preferable to look for other beneficiaries.

There is plenty of need in Singapore. By determining your strategy, finding the right beneficiary and measuring what you achieve, you can ensure you have the intended impact.

This article is written by Richard Hartung and is originally published in the November/December 2023 issue of Living In Singapore, a magazine by the American Association of Singapore.

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Stories Of Impact

S R Nathan Education Upliftment Fund – Providing students with the needed leg-up

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picture of sr nathan with 4 students

Growing up in a poor family, the late former President of Singapore Mr S R Nathan knew what it was like to struggle with school and making ends meet.

In his teens, he dropped out of school, ran away from home and tried to eke out a living amidst troubled times. While working, he continued his education and was eventually awarded a bursary that enabled him to graduate with a Diploma in Social Studies from then University of Malaya.

“Those of you who have read my memoir will recall – my youth was a very troubled one. Left to despair over my fate, I realised that life was not always fair. Coming face to face with all sorts of hardships, it was the unexpected help from some unknown person that my life turned for the better,” said Mr Nathan.

In 2011 when Mr Nathan published his memoir ‘An Unexpected Journey: Path to the Presidency,’ he established the S R Nathan Education Upliftment Fund (SRNEUF) to help students by providing them with the financial assistance to keep them in school and enable them to pursue their tertiary education. Mr Nathan firmly believed that education was an important social leveler which provides students from disadvantaged backgrounds an opportunity to seek a better life for themselves and their families.

Managed by the Community Foundation of Singapore (CFS), the fund supports programmes like the Institute of Technical Education (ITE)’s Monthly Financial Assistance Scheme (MFAS) which provides needy students with allowances for transport and meals to lessen their financial burden and allow them to focus on their studies.

Mike Goh, a former beneficiary of the MFAS at ITE and currently a student at Republic Polytechnic, began working in his early teens to support himself after both his parents fell severely ill. Recounting the challenges of juggling his academic studies with work, Mike expressed, “If I did not have time to work, the allowance from the fund had helped me manage day by day, and I’m really thankful for that.

Raised in a single-parent home, Yasmin Raihanah Bte Shahrin, a student at ITE College Central, expressed gratitude for the timely support from the fund, “Initially when I started my studies at ITE, I was worried. My mother’s income was not high, and I had to rely on my work income to support my daily expenses. With the award, I felt relieved because I could pay for my school necessities and food.”

The fund also awards bursaries and scholarships to students from local polytechnics and universities. Ding Jian Han, an awardee of the 2018/19 S R Nathan Music Scholarship, was an aspiring composer at the Yong Siew Toh Conservatory of Music, National University of Singapore. Jian Han, who plays the violin, piano and clarinet, credits the support from the fund for enabling him to pursue his passion in music.  “My father passed away when I was young, but I was fortunate to be awarded scholarships so that I was able to help my mum and pay for my school fees,” said Jian Han.

Since 2012, the fund has disbursed over $3 million to support more than 1,500 ITE, polytechnic and university students by providing bursaries, scholarships as well as monthly financial assistance. In 2019, the fund will be establishing the S R Nathan Student Grant at the Singapore University of Social Sciences, as well as the S R Nathan Book Prize and the S R Nathan Special Assistance Scheme at ITE.

Mr Bobby Chin, Chairman of the SRNEUF Grant Advisory Committee said, “Thanks to the vision and generosity of our late former president S R Nathan and the on-going support of donors, we have extended our reach significantly over the last seven years. With CFS’s continued trusted facilitation, the SRNEUF will continue to play a crucial role in helping our youths overcome difficult circumstances in their schooling years, go on to pursue their dreams and forge a brighter future for themselves and their families.”

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Opinion

Making collaboration a reality

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Collaboration for social change has been a hot topic of late. Collaboration’s appeal is apparent in a world beset by complex and evolving social issues — alone we can only do so much, but work together, and look at the change we can achieve.

In the same vein, Colabs, a philanthropic initiative by the Community Foundation of Singapore (CFS) and National Volunteer and Philanthropy Centre (NVPC), drives collaboration by bringing together the public, private and social sectors to tackle complex social issues. In particular, Colabs aims to empower givers to discover the roles they can play alongside existing efforts by government and non-profits.

Colabs currently focuses on three groups: disadvantaged children and youth, persons with disabilities and seniors.

Our first group kicked off by taking a look at the issues facing disadvantaged young people. We were thrilled that a total of 115 individuals and 62 organisations came to share and learn. We discussed existing support for disadvantaged young persons, our present-day challenges, while opening up future opportunities to work together.

If collaboration is to move from a mere aspiration to a reality, we encourage everyone to seriously consider these factors.

Fostering trust
It is often said change moves at the speed of trust. Collaboration requires recognition of each others’ strengths, and a shift away from a competitive mindset. Establishing a clear and common agenda and openly communicating in a safe environment are essential elements in any collaborative effort.

Trust is the key to understanding each other, exchanging ideas and expertise and talking about challenges. On this foundation, we can build a body of knowledge and a culture of transparency for effective collaboration and outcomes we want to achieve.

A shared journey of equals
In the face of complex issues, it’s easy to think the solution lies with someone else. When we enter a collaboration, we need to believe change begins with us. If trust is the glue that keeps collaborative efforts together, then shared ownership and responsibility is the compass that guides our intentions.

To act in the best interests of people affected by social issues, we have to embark on a journey of equals, recognising every party brings unique assets and voices to the table. When the going gets tough — and it will — all parties in the collaboration must be committed to dedicating the resources necessary to deliver change.

Innovation is not new
Change often requires innovation, which isn’t necessarily about inventing something new, but about looking for better ways to do things. Collaboration offers us a diversity of knowledge and expertise to generate new insights and explore improved or more sustainable solutions.

At CFS, we count it a privilege to be able to facilitate the meeting of like-minded people who want to live and give meaningfully. The successes of enabling hope, realising aspirations and rebuilding lives with dignity in our communities are a result of many collaborations and partnerships between our donors and charities.

We are grateful to all our partners for adding to the richness of this journey through your presence, perspective, and perseverance in building a stronger community. The journey has just begun; the best is yet to be.

Joyce Teo
Deputy CEO
Community Foundation of Singapore

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News

The Straits Times – PR gives back by boosting senior welfare

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Mr Govind Bommi posing infront of the camera advocating for giving back to the community with elderly people in the back

After 20 years in this country, which he now calls home and where he was able to start and grow a successful business in water filtration, Mr Govind Bommi thought it was time to give back.

He called his lawyer in 2015, and said he wanted to start his own charity fund.

“My lawyer asked me whether I was ready to put in the time and resources to run my own trust fund,” said the 71-year-old permanent resident originally from Bangalore, India. “He asked me not to rush into it.”

The lawyer asked him to contact the Community Foundation of Singapore instead.

He told the foundation he intended to support eldercare services as he felt an affinity for a sector with growing needs.

“I am also a senior, I feel I can do something.”

Mr Bommi is married to a Singaporean. He came to Singapore more than 20 years ago to work for a multinational and decided to settle down here. He has two children and five grandchildren who are living overseas.

Foundation staff took him around to view nursing homes and rehabilitation centres.

A visit to the Metta Day Rehabilitation Centre in Tampines left an impression. “The centre helps seniors discharged from hospitals get back on their feet. Their work is meaningful,” he said.

In March 2016, Mr Bommi set up a $250,000 fund under the care of the foundation to support the centre.

He has since pledged to increase his donation to $1 million over several years to support programmes run by the centre.

Besides making the donation, he also visits the centre every Thursday morning as a volunteer to keep the seniors company. Having the foundation run his donation fund gives him more time to volunteer at the centre, he said.

“Making a one-time donation is easy, but committing time to volunteering is harder.”

When asked why he volunteers then, he replied with a laugh: “Volunteering is more fun.”

Read more.

Photo: The Straits Times

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The competition was organised by City Harvest Community Services Association and received support from FUN! Fund, a Community Impact Fund jointly established by the Community Foundation of Singapore and the Agency for Integrated Care, with the aim of addressing social isolation among the elderly.

Senior Minister of State, Ministry of Communications and Information & Ministry of National Development Mr Tan Kiat How attended the event. He encouraged the elderly to stay physically and mentally well, as well as urging them to participate in community activities and enjoy their golden years together.

Learn more about FUN! Fund at https://www.cf.org.sg/fun-fund/.

 

The programme provides the children with a non-threatening platform to connect with peers and have positive conversations. In addition, it exposes them to different people who can assist to broaden their perspectives.

L.S., a volunteer with the Reading Odyssey programme @ Spooner Road

中心“常胜将军”胡锦盛:比赛限时反应要快

现年92岁的胡锦盛是最年长的参赛者。自2017年退休后,他几乎每天都到活跃乐龄中心报到,从此爱上了玩拉密,每次可玩上三个小时,在中心是“常胜将军”。

Picture of admin bluecube
admin bluecube

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.

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