Events
Join CFS as we do our part for SG Giving Week 2021
wavy line banner

Events

Events

Join CFS as we do our part for SG Giving Week 2021

Picture of John Doe
John Doe
a man teaching a kid guitar

The Community Foundation of Singapore (CFS) is pleased to be a part of SG Cares Giving Week 2021, co-driven by NVPC, NCSS and Singapore Cares. 

Discover how giving can give you purpose, hope and life. Start by giving your Time, Talent, Treasure, Voice to support the causes you are passionate about, in all ways, big and small. 

Join CFS as we do our part for SG Giving Week:

Together, let’s build a Singapore that cares! Find out more on givingweek.sg.

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.

Events

Giving through the generations

Picture of John Doe
John Doe
a group of people sitting in chairs

Increasingly, individuals and family businesses are consciously looking at ways to create positive social impact through philanthropy – but in today’s world, what does creating a legacy mean from divergent perspectives, from individuals to families, from parent to child?

Last November, the CRIB x CFS Legacy and Impact cocktail event brought two prominent families, with extensive histories of giving, together with philanthropists and social capital investors to reflect upon these questions.

Moderated by Patsian Low, the panelists included Richard Eu, Chairman of Eu Yan Sang and his daughter Rebecca; and Keith Chua, Executive Chairman of ABR Holdings (and CFS board member), and his daughter Sharon.

To kick off the evening, Catherine Loh, CEO of the Community Foundation of Singapore (CFS), reflected upon the challenge facing families today. “When it comes to creating a family legacy, it’s about understanding how to bridge the different concerns and interests of each generation, and trying to align giving to key values,” she commented.

While members of the older generation might be more focused on passing on family values, Catherine observed, the younger generation is keen to explore new approaches to giving. “Many of our next generation donors have a strong social consciousness and feel they don’t need to wait until they’re richer, older and retired to start thinking about giving back,” she said.

Though her family has traditionally supported education and healthcare, Rebecca Eu struck a chord when she shared how she started social enterprise Love, Mei in a vastly different field, helping victims of human trafficking in the Phillipines. “I don’t think legacy is limited to your blood ties,” she proposed, “Instead, legacy moves on with the project you adopt and the people that you work with.”

Reflecting today’s shift towards strategic philanthropy, Sharon Chua shared how her professional experience with philanthropy advisory has empowered her to become a better steward of her family’s wealth. “I learnt how to evaluate impact, the sustainability of projects, and how to forage good partnerships, and that helps with my own family’s philanthropy. I’ve always believed philanthropy is something you need to be personally engaged and committed to,” she shared.

One audience member posed a question to both fathers on how they would manage their children’s future giving decisions to avoid conflict.

Richard espoused offering broad guidelines to one’s children and suggested “storytelling” as a way of passing on family values. “When your family is used to hearing stories, such as why your great grandfather did certain things, it becomes ingrained in your family’s DNA. The legacy you leave behind is not about having a building or place named after you, but the lives that you impact.”

Keith reflected on his role as a trustee for the giving of earlier generations, and proposed older family members play a key role in “setting mechanisms in place” for the next generation.

Keith said, “CFS provided us with an avenue to create a fund to leave something behind for the next generation and share it with our wider family. Under this structure, the funds will carry on for a certain period of time. Once you’ve set certain things in place, you can bring the next generation along for the ride, and trust them with the responsibility when it’s their turn.”

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

$1.35M Fund Set Up For Community Care Groups To Develop Fun Activities For Seniors

Picture of John Doe
John Doe
a group of people holding a large check

Seniors can look forward to more activities to ease their loneliness and social isolation, thanks to a new $1.35 million fund that community care organisations can tap.

At the launch of the fund on Friday at the Grand Copthorne Waterfront hotel, Agency for Integrated Care (AIC) chief executive Tan Kwang Cheak said social isolation among the elderly is a key concern as it is linked with poor physical and mental health.

“The current funding for the community care sector in Singapore generally supports capital expenditure, provision of essential medical care services to seniors, and solutions to increase staff productivity,” he said.

But the Fun! Fund will help organisations think of new ways for the seniors they serve to have fun, he added.

“We believe that participation in fun activities encourages seniors to feel connected, maintain their curiosity to seek new experiences, increase their life satisfaction and general sense of well-being, and bring much needed laughter and feel-good feelings for seniors.”

The fund was set up by AIC and the Community Foundation of Singapore.

Organisations can apply for a grant of up to $50,000 for each project, which should encourage seniors to be active, connect with others and keep learning.

The programmes must be easily sustained and replicated by different organisations and allow for the building of staff and volunteer capabilities.

The new fund is part of an agreement signed by AIC and the Community Foundation of Singapore on Friday to collaborate on initiatives to promote active ageing and business continuity for the community care sector.

The three-year partnership will focus on active ageing initiatives, supporting community care organisations in enhancing community spaces for seniors’ social activities, manpower development and recognition, and allow staff to continue operating in times of crisis such as the Covid-19 pandemic.

Mr Kenny Low, the executive director of City Harvest Community Services Association, which runs a senior activity centre, said his organisation plans to scale up its Rummikub friendly competition, which it has organised for 130 seniors from six active ageing centres.

Similar to mahjong, the table tile game helps to prevent dementia as it requires hand-eye coordination and the manipulation of numbers.

He is also toying with the idea of a gesture remote-controlled car competition to encourage seniors to move about and visualise the motion of the cars, he said.

Sree Narayana Mission chief executive S. Devendran said he is keen to get young people on his team to brainstorm ideas and also join in the activities with seniors.

“When we think of fun, the most fun we had was when we were young. I’ll prompt them (the youth volunteers) with the tagline: When was the last time you did something fun for the first time?”

If you’d like to learn more about FUN! Fund, you can read more here.

This article was originally published in The Straits Times here. Source: The Straits Times © SPH Media Limited. Permission required for reproduction

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.

Events

CFS Change Matters Series: Mens, Manus and Machina – How AI Empowers People, Institutions & the City in Singapore

Picture of John Doe
John Doe
Charitable Business professionals standing before a screen.

Artificial intelligence (AI) will be a disruptive influence on society, for good as well as ill – and there is a duty to provide a sense of hope, upfront, that humans will be able to prevail.

That was the core message of the inaugural CFS Change Matters Series talk, “Mens, Manus and Machina – How AI Empowers People, Institutions & the City in Singapore”. It was delivered on 21 June 2023 by Professor Jinhua Zhao, Associate Professor of Transportation and City Planning at the Massachusetts Institute of Technology (MIT).

“Mens”, “manus” and “machina” are Latin for “mind”, “hand”, and “machine” respectively, and the title plays on MIT’s motto, “mens et manus”. The title of the talk is also the name of a multi-disciplinary collaborative project between MIT and Singapore’s National Research Foundation. The collaboration is co-led by Prof Zhao, and aims to address the following questions:

  1. How will we design technology and train humans to build the skills and habits for human success in a robotics-heavy environment?
  2. How will we adapt our social and business institutions to create the incentives and protections for innovation and human welfare?

In his talk, Prof Zhao shared four key insights into AI.

1. AI will transform, rather than reduce, demand for workers

Enablement, not elimination, of workers

The aftermath of the Industrial Revolution (1760-1840) saw the rise of the machine, leading to a major change in the way we worked. This did not, however, reduce overall demand for workers.

Citing economist James Bessen, 1 Prof Zhao noted that the number of ATMs in the USA grew rapidly from the 1970s, when the first ATMs were installed in banks. However, the role of the bank teller was not eliminated, but enabled. Bank tellers now focused on value-added services centered on human interactions, which could not be replaced by ATMs. As such, the number of bank tellers increased.

Employment grows along with automation

While automation has led to displacement and job loss, there has historically not been a fall in overall employment. Increased productivity from automation, as well as the growth of new human desires over time, have created entirely new jobs and industries.

This has led to an overall increase in employment; in fact, the 2018 US Census counted that more than 60% of jobs in 2018 had not yet been “invented” in 1940.

2. AI is not all the same

Expert versus Learning Systems

AI systems generally fall into two categories: expert systems and learning systems.

  • Expert systems rely on predefined rules and a knowledge base to mimic the expertise of specialists.
  • Learning systems, such as machine learning, mimic the way the brain learns and processes information.

Discriminative versus Generative Models

In addition, AI systems mainly adopt either a discriminative or a generative model in relation to their inputs.

  • Discriminative models classify or discriminate between different inputs, based on their features.
  • Generative models learn the patterns and relationships within the data input to generate new samples that resemble the original data.

The ubiquitous ChatGPT, for example, is a Large Language Model, an example of a generative model AI that can produce human-like chat responses.

3. The real impacts of AI on society

AI will replace white-collar jobs, not blue-collar jobs

While the Industrial Revolution replaced manual workers, AI’s superior analytic and generative skills enable it to replace white-collar jobs like office workers and scientists.

For example, a Google-developed AI known as AlphaFold was able to significantly outperform human scientists in the field of protein structure prediction – a feat normally requiring decades of expertise from humans.

As such, it is “highly skilled” white-collar jobs that may be at risk from AI – a concerning proposition for developed economies that depend heavily on these jobs.

The response of social institutions will determine the impacts of AI

The impact of AI does not occur in a vacuum. Tapping the beneficial impacts of AI on living standards depends on how successfully social institutions can take advantage of it. For example, society must continue to be responsible for providing financial safety nets for those displaced by AI, and for caring for seniors who may find it harder to adapt.

These institutions must also respond to not just the economic challenges, but the social challenges of AI. Citing the intellectual Yuval Noah Harari, Prof Zhao noted that generative AI, for example, could destroy the ability for people to have meaningful conversations – and undermine democracy in the process.2

4. Science, government, and individuals can respond to AI productively

Science can help us control AI

Science must solve the alignment problem3 in order to develop beneficial AI – which takes only actions that achieve human objectives and preferences. Otherwise, AI could unintentionally act in a way that is destructive and harmful to humanity.

Governments can educate humans to fill areas that AI cannot

While AI is powerful, it is not superior to humans in all areas. Humans are better than AI at:

  • Creativity: being able to apply knowledge from one area to another area
  • Dexterity: tasks involving manual dexterity
  • Social intelligence: conducting “social negotiations” with humans, such as knowing when it is safe to turn while driving
  • Long-term planning: being able to break long-term plans (e.g. a 5-year plan) into shorter increments

With that in mind, governments should focus education on creativity and communication, as well as critical thinking: the ability to judge, and to ask the right questions. This prepares students to become evaluators, directors and planners, instructing AI to act on their goals.

The role of teachers will also change as AI evolves and becomes deployable at scale as an individual, customized teaching assistant. AI will enhance students’ learning and help teachers understand students; teachers will be tasked with socially engaging, empathizing with, and supervising students, rather than merely delivering content.

Individuals can change their mindsets to be resilient in the face of AI

Finally, the impact of AI, and job displacement, on individuals will not purely be economic. It will be personal as well, given how central work is to our social and emotional lives, and to our sense of purpose.

Individuals can make the following mindset changes, in order to be resilient:

  • Adopting a lifelong learning mindset: this means developing new skills while working, rather than focusing on academic learning as preparation for work.
  • Adopting a flexible mindset: understanding that while change is the new normal, humans have always had the capacity to adapt. This is especially important for youths.

Final thoughts: how philanthropy can respond to AI

Philanthropists reading this may wonder: how do I respond to the challenges posed by AI? CFS is Singapore’s first community foundation, with 15 years of experience and a network of over 400 charity partners. We leverage our experience and grantmaking expertise to identify and evaluate key opportunities for individual and corporate donors to make greater impact.

We think the following giving approaches may be valuable to respond to AI:

  • Supporting seniors to age well in the community, so they remain cared for and are not left behind.
  • Enabling youths to access quality education, through schools and Institutions of Higher Learning, and prepare for the AI-empowered future.
  • Funding efforts to improve employability, so that individuals develop the skills they need to keep working.
  • Ensuring that mental wellbeing is supported, to help individuals build the resilience to cope with changes.
  • Tackling climate and environment issues, to mitigate and adapt to this additional source of negative disruption.

To find out more about CFS and our leading role in Singapore’s philanthropy ecosystem, please click here.

CFS would like to extend our heartfelt gratitude to our donors Oliver Kwan and Helen He from the Evergreen Changemaker Fund for their invaluable support and extending the invitation to Prof Zhao, which made this event possible.

References

1 Bessen, James. “Toil and Technology.” Finance & Development 52, no. 1 (March 2015): 16–19. https://www.imf.org/external/pubs/ft/fandd/2015/03/pdf/bessen.pdf.

2 “Yuval Noah Harari Argues That AI Has Hacked the Operating System of Human Civilisation,” The Economist, April 28, 2023, https://www.economist.com/by-invitation/2023/04/28/yuval-noah-harari-argues-that-ai-has-hacked-the-operating-system-of-human-civilisation.

3 The problem of aligning AI with humans’ objectives and values.

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/.

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.

Events

Donor Learning Trip Series: The Art of Mental Well-Being

Picture of John Doe
John Doe

This initiative is part of CFS’s Donor Learning Trips, a series of engagement opportunities that enable donors to personally connect with charities and gain insights into how they support communities in need.

On the afternoon of October 19, 2023, 17 of our donors visited the Singapore Association for Mental Health (SAMH) and learned about the work they do. 

Established in 1968, SAMH has been a stalwart in Singapore’s mental health community, improving the lives of persons with mental health issues through rehabilitation and reintegration.  

SAMH Space2Connect is a newly established integrated wellness centre that provides mental health services to individuals aged 10 and above, families, and communities. The centre aims to empower clients, improving their well-being and walking with them on their road to recovery; while also serving as a collaborative hub for partners to come together and strengthen community mental health and resilience.

Confronting the realities of youth mental health

SAMH strives to destigmatise mental health amidst rising numbers of youths requiring support, encouraging them to seek help. Statistics highlight the severity of the issue, with suicide being the primary cause of death among 10 to 29-year-olds in Singapore in recent years. According to Samaritans of Singapore (SOS), out of the 476 suicides in 2022, 125 involved those in this age group. This is 13 more than in 2021 and the highest since 2000, which marks SOS’ earliest recorded data.

A substantial number of youths admit they are grappling with mental health symptoms, emphasising the pressing need for support. A recent study conducted by the National University of Singapore reported that one in 10, or 12% of adolescents met full diagnostic criteria for having at least one current mental health disorder. About one in three youth in Singapore reported internalising mental health symptoms such as depression, anxiety and loneliness, with those aged 14 to 16 reporting more serious symptoms. Meanwhile, roughly one in six young people said they experienced externalising mental health symptoms, such as hyperactivity, rule-breaking and aggression.

Through the afternoon, donors heard beneficiaries tell their stories and toured the space. They learnt how their contributions have supported youths particularly through SAMH YouthReach, which offers psychosocial support and recovery programmes for youths aged 12 to 21 facing emotional, psychological, and psychiatric issues. Mental health recovery is often not linear, and SAMH provides ongoing support for clients beyond treatment completion.

“It was inspiring to learn how our giving was making a difference to the lives of the youths supported by SAMH YouthReach, and to understand more about the good work that SAMH is doing,” said a donor from the CKY Foundation, who has been giving with CFS since 2022 after being introduced by the Economic Development Board. 

“CFS has helped us work towards our philanthropic goals by making an impact across a range of causes and charities through the insights provided by our fund’s dedicated philanthropy advisor. It is heartening to witness the impact of one’s philanthropy in person, and to meet the people that you have helped.”

A place for community and self-expression

In addition to learning about SAMH’s programmes and services, donors had a chance to experience a therapeutic art activity for themselves as they joined two young adult clients of SAMH YouthReach in an interactive hands-on session. Through the fun, laughter and unleashed creativity, they discovered the potential of creative pursuits as a tool for promoting mental wellbeing.

With funding support, SAMH plans to expand their outreach further, with initiatives focusing on the impact of sleep, nutrition and movement on mental health.

We are grateful for the opportunity to meet the CFS donors, showcase SAMH facilities and programmes to them, and facilitate direct engagement with our beneficiaries. Their contributions empower us in our mission to help and support individuals in our community who face mental health challenges

CFS would like to express our deep appreciation to SAMH for the remarkable work that they do, and acknowledge our donors for their invaluable support. To find out more about how you can contribute, visit https://www.cf.org.sg/giving/ways-to-give/

References

https://www.sos.org.sg/pressroom/highest-recorded-suicide-numbers-in-singapore-since-2000

https://medicine.nus.edu.sg/wp-content/uploads/2023/04/PRESS-RELEASE-YEAR-Study-26APR2023-IMMEDIATE-RELEASE.pdf 

In 2023, CFS proudly marks our 15-year milestone on a journey dedicated to empowering donors to create meaningful impact. Since its establishment in 2008, we have received over S$292 million in donations and disbursed over S$157 million in grants to support more than 400 charitable partners in Singapore. Join us in shaping a brighter future for worthy causes by becoming a valued donor. Your contribution can make a substantial difference.

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