Events
[Webinar] Facilitating Philanthropy: Taxation, Structures and Legacy Giving
wavy line banner

Events

Events

[Webinar] Facilitating Philanthropy: Taxation, Structures and Legacy Giving

Picture of John Doe
John Doe
landscape of singapore at night

We would like to give a big thank you to the Law Society of Singapore and the Singapore Management University’s Centre for Commercial Law in Asia for inviting our CEO, Ms Catherine Loh, to be a part of the panel for the Facilitating Philanthropy: Taxation, Structures and Legacy Giving webinar. 

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.

Stories Of Impact

2023 Goh Soon Tioe Centenary Award Winner Megan Low: Music is her Ikigai

Picture of John Doe
John Doe
A woman in a white dress sits on stairs, gracefully holding a violin.

Congratulations to Megan Low, this year’s winner of the Goh Soon Tioe Centenary Award, which supports young Singaporean musicians who have consistently demonstrated outstanding musicianship and performance. The Goh Soon Tioe Centenary Fund, a donor-advised fund which CFS has managed for over a decade, honours the legacy of Mr. Goh Soon Tioe, a pioneering and accomplished violinist, conductor, and teacher.

Megan is thrilled to be joining the community of previous award winners and is excited about the performance opportunities that come with the award. The prize money will help defray the cost of a Master’s Degree in Violin Performance, which Megan hopes to pursue after graduation.  She is currently in her final year of a Bachelor of Music (Honours) degree in Violin Performance at the prestigious Yong Siew Toh Conservatory of Music, under the tutelage of internationally-renowned violinist Zuo Jun.

Of her success, she says, “My parents have been my biggest inspiration in my music journey and have supported me every step of the way. They taught me that success only comes with hard work. They also taught me the concept of Ikigai – where one’s passion, mission, vocation, and profession overlap and becomes your reason for being.”

It was her parents who filled their home with classical music and inspired her to ask for violin lessons at the age of three and then piano lessons at seven. At sixteen, she made her solo debut with the Orchestra of the Music Makers.

Megan’s passion for performance has taken her to many stages locally and abroad, from Asia to Europe and the US. Most recently, her piano trio won the first prize at the 17th Cecilia International Music Competition 2023 in Japan.

The young musician is most accomplished at playing Romantic music, yet her most memorable experience was performing the complex Baroque masterpiece, Bach’s ‘St John’s Passion’. Megan says, “I most enjoy collaborative music-making in chamber music and small ensemble groups. I would love to dive deeper into that in the future.”

A believer in the restorative power of music, Megan also harnesses her musical talent as a gift to uplift others. During the Covid-19 pandemic, she and her peers held a workshop for the staff at Sengkang General Hospital, in which they introduced music as an avenue for stress relief and creative expression. The tunes created during the workshop were sampled and turned into an original soundtrack, which was then played in the hospital lobby. During the Christmas season, Megan and her friends also brought cheer to the residents at the All Saints Home by performing familiar tunes.

As she embarks on a promising music career, this young lady hopes to continue performing and teaching music – her ikigai – for as long as she can.

Learn how you can work with CFS to support talented musicians like Megan and boost Singapore’s arts scene –  https://www.cf.org.sg/giving/ways-to-give/

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.

News

Media release: Community Foundation of Singapore celebrates 10th anniversary

Picture of John Doe
John Doe
10 Years From giving to impact graphic
  • Over S$60 million in grants have been disbursed by the foundation, which now manages more than 110 funds.
  • Collaboration, legacy, and impact to be of focus in the coming years.

September 5, 2018 – The Community Foundation of Singapore (“CFS” or the “Foundation”) turns10 this year and marked the milestone with a celebratory event at the Arts House today. Minister for Culture, Community and Youth Grace Fu was the guest of honour at the event, which was also attended by more than 120 guests comprising donors, charities and other partners.

More than 110 charitable funds have been established with CFS since its inception in 2008. Over the past decade, it has raised more than S$100 million in donations and given out grants amounting to around S$60 million to over 400 charity partners that support a wide range of causes. These include animal welfare, arts and heritage, children, education, the environment, families, health, persons with disabilities, seniors, sports and youth. This puts CFS in good stead to help donors identify gaps and opportunities in the ecosystem, undertake due diligence on charities, and manage grants with a high degree of accountability to deliver lasting benefit.

“As an organisation known for its community knowledge, professionalism and strategic approach to giving, CFS has much to be proud of after a decade in the philanthropy sector. Singapore has progressed rapidly but the social challenges we face – from an ageing population to social inequality – have become more complex and interconnected. While the government tackles social issues on a large scale, there are gaps and needs that are in need of more support. It’s crucial for philanthropy to evolve to tackle these diverse issues within our community innovatively. By staying close to the evolving needs of diverse communities, CFS is able to consider the well-being of the community from multiple dimensions,” said Catherine Loh, Chief Executive Officer, CFS.

Collaboration is becoming increasingly important as it is impossible for a single player or the government to solve current social issues alone, given their complexity, scale, and scope. With collaborative partnerships, however, like-minded stakeholders can leverage their shared expertise, resources and skills to bring about change more effectively. In this spirit, CFS has partnered the National Volunteer & Philanthropy Centre to launch Colabs, a joint initiative that drives collaboration by bringing together philanthropists, businesses, non-profit organisations and sector experts to share knowledge, exchange ideas, and co-create solutions. Colabs recently released a guide that provides practical ways to help disadvantaged young persons in Singapore, following a series of roundtable talks and workshops attended by more than 100 representatives from 56 stakeholders with interests in this area.

Legacy is not only financial in nature, but also comprises personal and/or business values that are inculcated in children and handed down from generation to generation. With this in mind, CFS inspires donors to live generously and contribute to society in meaningful ways, giving in whatever capacity they can, regardless of the stage of life they are at. This resonates with donors, and more individuals are thinking about philanthropy even before they retire. Accordingly, the age profile of donors who set up individual funds with the foundation has evolved, with the proportion of donors doing so under the age of 50 increasing over the past decade. At the time of CFS’s inception in 2008, 14%* of donors were under 50. This percentage has since risen, with 40%* of all donors working with the foundation now being under 50 at the time their funds were established.

Moving forward, there will be an increasing focus on better assessing the impact of philanthropic initiatives on the community. To this end, CFS hopes to encourage more charity partners to incorporate output and outcome tracking in their programmes, taking both quantitative and qualitative measures into consideration.

*Based on the cumulative number of people who have set up individual donor funds, excluding corporate or collective funds. Some individual donor funds are established by couples and family members.

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.Lorem ipsum dolor sit amet consectetur adipiscing elit dolor

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.

News

CEO Catherine Loh goes on MONEY FM 89.3 to speak about the Sayang Sayang Fund with Michelle Martin

Picture of John Doe
John Doe
Financial management by Catherine Loh

Michelle: Let’s start with CFS and the work that it does. How does it support charities and why did the Community Foundation of Singapore (CFS) start the Sayang Sayang Fund?

Catherine: The Community Foundation of Singapore is also a charity. We were founded in 2008, and our main objective is to inspire philanthropy in Singapore. We do that by helping donors achieve a greater impact with their giving in communities through charitable funds. Donors can establish their own funds or if they wish, they could support one of the Community Impact Funds that we’ve started up.

The Sayang Sayang Fund is one of such Community Impact Funds. It was set up in response to the needs that arose from the COVID 19 pandemic. With our understanding of the needs on the ground, our network of community partners, government agencies, and charity partners, we were able to quickly see what the needs out there were and who needed help.

We thought that by setting up this Fund, it would be an effective way of garnering financial support from those who want to give and disburse it quickly to those in need. That’s why we started it.

Michelle: I understand the Fund aims to help healthcare workers on the frontlines and the vulnerable, and that the Sayang Sayang Fund has pledged some quarter of a million dollars in taxi vouchers to frontline staff of healthcare institutions. How close is the Fund to meeting that goal?

Catherine: I’m happy to say that thanks to the generosity of our donors that we have actually disbursed over $400,000 of taxi and transport vouchers to 129 public hospitals, polyclinics and community healthcare providers. For that I have to thank ComfortDelGro, Grab and Gojek for partnering with us. And I must say that when we started the Fund, our first objective was the welfare of the healthcare workers on the frontline supporting us.

It is only right that we provide them with some love and care, sayang them a bit; that’s how we started this Fund. That was the first project we were looking to do. But over time, when we raised the money, we reached out to the charities through grants calls to send over their funding requests to us, we found that there were lots of needs. In the first round of grants calls we received almost three million dollars in requests for funding, and that is why we decided to continue with the Fund to raise more money.

Michelle: Where are the urgent needs now Catherine, and how is CFS helping to plug these gaps?

Catherine: With the circuit breaker measures, the loss of work and everybody having to stay at home, I would say that almost everyone in Singapore is affected. So one of the very urgent needs that we are trying to address is really how to support the students that have to study from home, or ‘home based learning’.

Through our Recess@Home programme, we are very grateful that we have the partnership support of the Ministry of Education to quickly reach out to thousands of children who might need financial support. Because these students do get subsidies or free food when they are in school, now these students cannot go to school. We want to provide them with some financial support so at least there is some assurance that they do get their proper meals while they study at home. So that is one need.

We realise too that there are seniors that may be sick and are living alone at home and not getting their usual medical care and support. We would also love to set up an emergency fund for those community nurses or even volunteers who are still allowed to do house visits to provide these vulnerable seniors with any form of support that they might need. We understand that there are lots of groups out there that are already providing food and basic necessities. Community nurses could supply them with medicines, medical support, essentials or anything they might need while they are staying at home on their own.

Even young students from families that might need them to take on a part-time job to supplement the family income are no longer able to do so. We could provide them with financial support so they can focus on their studies and not drop out of school because of the worries of not being able to provide for their family. That is one thing that we would like to do as well. Of course, we also have a lot of foreign guests and workers who are falling sick and how can we help them.

Last but not least, back to our healthcare workers again. With the number of cases that they have to take care of, I think it is very important that they stay physically and mentally healthy so that stress doesn’t get to them. We do wish to be able to continue to support these workers with transport vouchers or even funding so their organisations can charter, say buses to send them home quickly after their long work shift.

Michelle: Given the number and the sheer variety of needs out there, how is the Fund approaching giving? I understand in your initial phase, CFS was seeking donations of a million and above. Right now is pretty much any help welcome?

Catherine: We do have a target of three million, and as we speak there are more needs surfacing, so I do think the Fund will continue to stay open as long as there are needs out there that need support. We do have a team of grant-makers out there to assess the situation.

We don’t work alone; we work with our partners like government agencies, NCSS (National Council of Social Service) and AIC (Agency of Integrated Care). We have our whole network of charity partners and we have our other funders who are active and even volunteer groups. We work with all these groups to gather all this information to see where and how the Sayang Sayang Fund can help.

Michelle: Is there a minimum of a million dollars to be able to donate?

Catherine: No, any amount is welcome. I must say that Singaporeans in general have been very generous because last week when many of us received the $600 of the Solidarity payment, many people have donated online in support of Sayang Sayang and also the other charities that happen to be fund-raising.

Michelle: Singaporeans are so generous, so lovely to hear that. Can you share a little bit of your estimate of how much you’re going to need to meet the evolving emergency needs you anticipate for the next couple of weeks?

Catherine: I do hope we can raise another one to two million dollars so that we can actually provide longer term targeted support. I think this pandemic is not going to go away by early June. The economy will only be slowly cranking up after that, so there will still be people who need support one way or the other.

Listen to the full interview here: https://omny.fm/shows/money-fm-893/influence-lending-a-helping-hand-during-covid-19

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.Lorem ipsum dolor sit amet consectetur adipiscing elit dolor

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.

News

Around 7,000 school children in need of support for meals

Picture of John Doe
John Doe
Children happily sitting on the floor, smiling and radiating joy.

A four-week ‘circuit breaker’ is the latest challenge to hit Singapore, as a pre-emptive strategy to curb the spread of COVID-19. As students transition to over three weeks of learning at home, about 7,000 children will miss access to food they would normally get in school, compounding difficulties in continuing their education at home.

As mentioned in Parliament by Deputy Prime Minister and Minister for Finance, Mr Heng Swee Keat on 7 April 2020, CFS today bolstered efforts to generate support for the Sayang Sayang Fund (SSF). Donations to this fund will complement the work of local public health, non-profit and government entities with emergency support.

CFS now seeks another $3 million for the SSF, to meet evolving and urgent needs of the community. This includes the launch of Recess@Home, a meal programme that will provide disadvantaged students with support for their meals and ensure that children do not go hungry.

Speaking on the SSF, Chief Executive Officer of the Community Foundation of Singapore, Ms Catherine Loh shared, “During these tough times, we hope that the Sayang Sayang Fund will be able to provide immediate and longer-term support not just for the frontline workers but also the vulnerable groups like low-income families and elderly. With programmes such as Recess@Home, we want to help the children whose families are already dealing with many other difficulties due to the COVID-19 crisis. The Community Foundation of Singapore and the Sayang Sayang Fund remain sensitive to the needs of the community and we urge everyone to rally together to overcome this challenging period.”

CFS raised $1.1 million earlier after the launch of SSF in February. However, the increasing severity of the COVID-19 situation and more adverse impact on the economy and society have seen a surge in the demand for charity services.

Donors wishing to donate can do so via PayNow or visit our SSF campaign at giving.sg. Should you require any assistance or if you would like to set up your personal giving campaign in support of the SSF, please visit https://www.cf.org.sg/ or contact us at contactus@cf.org.sg.

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.Lorem ipsum dolor sit amet consectetur adipiscing elit dolor

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.

Trending Stories

Scroll to Top