Stories Of Impact
The Business Times: A S$10m fund with a difference to address Singapore’s social issues
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Stories Of Impact

Stories Of Impact

The Business Times: A S$10m fund with a difference to address Singapore’s social issues

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It seeks to foster tie-ups among stakeholders for long-term initiatives, rather than one-off donations

By Claudia Tan

Lunch affairs with Singapore Exchange (SGX) head of global sales and origination and executive vice-president, Chew Sutat, does not come cheap. But it is not because he prefers fine dining or a lavish meal, but rather, he is always looking out for opportunities to raise funds.

Mr Chew is known for chairing the SGX charity initiative Bull Charge since 2011. He is also chairman of Caregivers Alliance and the Kaki Bukit Grassroots organisation, among other key positions he holds.

“That’s why people joke that lunch with me is very expensive because invariably, there is always some cause that someone resonates with and I happen to be able to be a channel to help them give back,” said Mr Chew.

His inclination to contribute to society can be attributed to his days as a boy scout in Anglo Chinese School (ACS).

“As a kid, my first interaction with social causes was raising money as a scout,” said Mr Chew. He also chaired the Interact Club, which provides opportunities for students to serve the community, in secondary school.

While he was actively involved in social and community-based activities in his early days, he admitted to taking a backseat upon enrolling in university and entering the corporate world.

It was only when former SGX chief executive officer Hsieh Fu Hua came into the scene that Mr Chew reignited his passion for philanthropy. Mr Hsieh was responsible for initiating the Bull Charge back in 2004 and had always championed for charitable causes.

“Fu Hua was an inspiration and after he left SGX, I had the opportunity to chair the internal SGX corporate social responsiblity activities. He is also one of my key mentors that got me more involved in charity and community work later in my corporate life,” said Mr Chew.

His involvement in charity and community work made him realise that there exists what he coined as a “market failure” in fundraising efforts.

“There are a lot of young folks who may have an interest in doing good and want to set up charities for causes they are passionate about but money from many foundation owners may not necessarily find the way to these people who want to do good.”

“And many of them with the best intentions don’t necessarily have the experience, network or professional ability to set things up,” he said.

That was why when the new initiative Mind the Gap 200 (MtG200) was brought to his attention, he seized the opportunity to be a part of it.

Kickstarted by chief executive officer of Pavilion Capital Tow Heng Tan, MtG200 is a S$10 million fund set up by 11 donors, in their own private capacities, with the Community Foundation of Singapore (CFS) to address social issues in Singapore. MtG200 targets needs in four main areas – community, education, healthcare, and sustainability.

Mr Chew, who is the youngest member in MtG200, said that it was humbling for him to be able to fill the gaps of the “market failure”.

“The fund can create confidence for new initiatives to kick off and be a platform for others who would like to give back and bring about catalytic change,” said Mr Chew.

What sets this fund apart is that it aims to foster collaboration among stakeholders for long-term initiatives, rather than one-off donations.

“The MtG200 family of funds can leverage on each other in terms of their individual expertise to create something that is much bigger than what they can do on their own,” said Joyce Teo, deputy chief executive officer of CFS.

This is contrary to current charity efforts that involve a lot of event-based fundraising.

“Current initiatives create a very transactional relationship between the giver and the charities,” she said.

A fund like MtG200 will build a longer-term relationship with the charity partners, creating sustainability in terms of funds going into the charity sector.

Last week, MtG200 had already made a commitment of S$500,000 to Assisi Hospice to look into building capabilities in manpower and innovations to deliver palliative care.

But Mr Chew acknowledged that sparking change in the society extends beyond fundraising, and manpower is needed on the ground.

He recounted how he often gets mocked by his wife, who is a volunteer at an after-school care for those who come from economically disadvantaged backgrounds.

“She said she is doing the real work while I sit on charity boards and do the boring stuff,” said Mr Chew.

The challenges faced in the charity scene are plenty but the needs are even more, he said

“Bottom line is that there is a role for every individual. You may not be able to write that big cheque but a small cheque can go a long way. You may not be able to go into the sector fulltime but you may volunteer in other ways.”

On rumours that his active involvement in grassroots work may position him for a career in politics, Mr Chew replied, “My present plate of professional responsibilities, community and volunteering work is already more than full – supported by a very patient wife. Read more

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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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Stories Of Impact

Life after winning the 2020 Goh Soon Tioe Centenary Award: Natalie Koh’s pursuit of a career in musical excellence

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a woman playing a violin

Winning the Goh Soon Tioe Centenary Award in 2020 was a pleasant surprise for talented violinist Natalie Koh, who was not usually recognised for her solo performances and had to prepare for the Award’s audition just after last year’s circuit breaker without any formal instruction.

“I am deeply honoured to have received the Goh Soon Tioe Centenary Award in 2020. Violin playing has always been something that I am very passionate about, although my growth and achievements have not always been a given,” says Natalie. 

“A lot of conscientious and diligent work was put into moulding myself into the musician that I am currently and that I am proud to be.”

Since then, the budding musician has kept herself busy and forged determinedly ahead in her musical career. These included performing in digital concert recordings, teaching the violin at Forte Musicademy as a private violin teacher, and engaging with the special needs community through various community art activities.

Apart from keeping a hectic schedule as a performer, Natalie also spends much time imparting her love of music to the next generation of budding musicians — serving as a Teaching Assistant in her Alma Mater, the Yong Siew Toh Conservatory, and as an Assistant Director for classical music concert recordings and productions by the Singapore Symphony Orchestra, alongside other local organisations.

The promising young musician was also able to present her solo recital at the Awards, for which she was extremely excited and thankful for, as her graduation recital was put off last year due to the pandemic’s restrictions. “Overall, I would say that my recital was a success, and I hope that I fared well as a representative on behalf of the Award and the music community,” Natalie recalls with pride.

The Award’s prize money has enabled Natalie to realise her dreams of going overseas to attain a Master’s in Violin Performance, which will broaden her horizons as a performing violinist, music educator and community artist. She hopes to take the experience and knowledge gained from the two years abroad and expand her musical practice upon her return to Singapore.

Natalie recognises that living and studying in Chicago will prove to be expensive, but with the $10,000 award money, she will be able to defray some of her living costs. With the reduced financial burden, the young musician will be able to focus on learning to the fullest of her abilities in the States.

The Goh Soon Tioe Award has supported yet another promising young musician in paving her way to a brighter future towards a career in music, and adding another valuable gem to the flourishing music scene in Singapore.

“I am deeply thankful for the recognition and the support from the Goh Soon Tioe Centenary Award and the Community Foundation of Singapore. This Award has raised my profile as an emerging musician in Singapore, and I sincerely hope that I can be one to shape and grow the classical music scene in Singapore,” says Natalie.

Read and learn more about Natalie’s first steps into music and how she grew to become the talented musician that she is here.

If you would like to contribute towards the arts or support causes that you are passionate about, please visit our website at https://www.cf.org.sg/

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News

Business Times: As they received, they now give

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A snapshot of a newspaper Business Times: As they received, they now give

Education is a force for good and a cause that Trina Liang-Lin and Edmund Lin are passionate about supporting.

Education has been pivotal in both their lives, paving stones to their successful careers. Ms Liang-Lin, 47, is the managing director of investment research consulting firm Templebridge Investments, and married to Mr Lin, 49, partner and founding member of Bain & Company’s Singapore office.

She is known for her passion for women’s empowerment. The past-president of the Singapore Committee for UN Women sits on the boards of several non-profits including the National Volunteer & Philanthropy Centre, the Singapore Council of Women’s Organisations and Victoria Junior College. He has devoted time and expertise to the Singapore Management University (SMU), serving on its boards.

“Both of us, we see education as the ultimate leveller. We saw it in both our lives,” says Ms Liang-Lin.

A giving shaped by education
Thinking back to her days as a St Joseph’s Convent schoolgirl, Ms Liang-Lin recalls walking through the school compound each morning, climbing the flight of stairs to the school hall and seeing a bronze plaque bearing the name of philanthropist Tan Kah Kee who had given money to build that hall.

“It made an impression on me,” she says, that someone with no obvious ties to the school and its students would decide to give. For that school still means much to her today. It was where some of her deepest friendships were forged.

That plaque led her to notice similar plaques elsewhere, such as a list of donors and their donations towards the building of what is today’s Singapore Art Museum. The three-digit figures seem insignificant now, yet, helped raise buildings of such significance. “It impressed upon me that for a sum like that you can leave such an important legacy,” says Ms Liang-Lin.

Later, she would receive a scholarship to study abroad – an opportunity that would have been out of reach without a scholarship. “It did change my life,” she says.

Education, and the generosity of others, changed Mr Lin’s life too.

His parents arrived in the United States as struggling graduate students from Taiwan and Hong Kong. But they were shown hospitality and care. Mr Lin remembers one American couple that looked out for his mother, offered their backyard as a venue for his parents’ wedding, and then hosted his family for numerous Thanksgiving dinners.

“From a young age, I always felt that my parents, my brother and I all benefitted from the kindness of others,” he says.

His parents’ education was a gateway to a comfortable life in the U.S. for their family. And eventually, Mr Lin himself was awarded scholarships that secured him a high-quality college education without any financial burden.

How much is enough?
The couple acknowledge that the volunteering they did during their college years – Ms Liang-Lin served at nursing homes while Mr Lin volunteered as a mentor at college and with San Francisco’s Chinatown YMCA – came to a halt when they first joined the workforce in demanding jobs.

Their 20s were intensely focused on work and establishing their careers. “It was really more in our early to mid-30s that we said, okay, we’re at a certain level of accomplishment and comfort. Now is a good time to have a more purposeful life,” says Mr Lin.

One question they had discussed, Ms Liang-Lin says, was: how much is enough? “I think the secret of success in a lifetime is knowing when enough is enough for you.”

“Enough” is not about an amount, nor a specific age. “It is very different from person to person, family to family, but it’s a state of mind – that you feel you are content and it is now time to give back to the society that allowed you to become who you are,” she says.

And so, they began giving their time and resources.

Six years into working life, Ms Liang-Lin helped found the Financial Women’s Association Singapore to provide women in finance with a support network. The association soon searched for charities to support, kicking off her philanthropic work in earnest. Mr Lin too, began contributing his time and expertise, starting with SMU’s Lee Kong Chian School of Business Advisory Board and subsequently joining the SMU Board of Trustees.

And as a couple, they began giving to causes they felt strongly about: education, gender equality, animal welfare and the arts.

The multiplier effect of structured giving
It was while they were looking for a meaningful way to celebrate their 20th wedding anniversary that Ms Liang-Lin and Mr Lin began to mull over taking things a step further to formalise their giving.

“We spoke with Mr Teng Ngiek Lian of the Silent Foundation, who encouraged us to start our philanthropy journey now, rather than wait. He also gave us a better sense of what was needed to set up a private foundation – staffing, resources, expertise and governance,” says Ms Liang-Lin.

They also had a serious chat with Laurence Lien, chairman of the Community Foundation of Singapore (CFS), and eventually decided to set up the Lin Foundation, a fund managed by CFS, with an initial six-figure sum.

“As busy professionals and younger philanthropists, CFS saves us the work and resources needed to set up our Lin Foundation. CFS provides us with philanthropy management and grant-making expertise, ensuring that our grants are effective and meaningful,” says Ms Liang-Lin.

Other draws were how CFS works with a broad range of charities, offers donors a structured charitable vehicle that provides relevant tax deductions on donations, and, importantly, offers the flexibility to grow their fund over time.

Mr Lin cites the Lin Foundation’s scholarship for SMU students lacking the finances to pursue a semester abroad, as one initiative that could be scaled up. “CFS helped us with the selection of candidates, disbursement, administration, etcetera. I can imagine, with the help of CFS, expanding on homegrown initiatives like this, scaling them up.”

They may have chosen to set up their foundation at a relatively young age, but Ms Liang-Lin believes they are a part of a growing trend.

“Increasingly, people are realising that they don’t have to wait till they are older and richer to give back and make an impact. The proliferation of new media platforms is reshaping attitudes and approaches to giving. There is a growing awareness of social problems, and how these can be tackled by contributing funding support, knowledge and expertise,” she says.

To Mr Lin, giving adds much to his life. “Giving creates for me a lot of meaning in my life. The pursuit of economic goals will only take you so far. The time one spends giving back to a community creates great energy. Yes, it takes time. But this is time that creates more energy and the capacity to do more.”

And, he likes being able to give together with his wife. “We both, professionally, have quite a lot going on. But this is one thing we can share, do together, and find great pride and meaning in.”

Source: Business Times © Singapore Press Holdings Limited. Permission required for reproduction.

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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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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

The Business Times – Educational giving vital in breaking poverty cycle: Ng Chee Meng

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a man standing behind a lectern giving a speech

“Education is a strong driver of social mobility and is critical to breaking the poverty cycle between generations, a point that was made by Minister for Education (Schools) Ng Chee Meng at the sixth annual global Credit Suisse philanthropists forum on Thursday.

This, as educational giving could enable the next generation to improve many aspects of their lives, be it health or income, he said.

“A key reason why giving is important to me is that it supports and creates a virtuous cycle in our society. Those who give become role models to inspire others who may be younger to do the same and over time, this virtuous cycle lends disproportionate influence over long periods of time.”

Simple acts of charity or strategic philanthropy targeting root causes of social challenges would build a more caring and cohesive society for future generations, said Mr Ng.

Governments could support this cycle of giving through the private sector, he said, adding that in Singapore, non-profit organisations advise donors and help match their donations to worthy causes. For example, the National Volunteer and Philanthropy Centre and the Community Foundation of Singapore have been promoting a giving culture over the years.” Read more.

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Stories Of Impact

Reading Odyssey – Building confidence and motivation through reading

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Children sitting in a circle, engrossed in a book, fostering a love for reading and learning together.

With recent changes to school-based assessments in primary schools, Singapore’s education system is looking beyond mere academic results to appreciate the importance of the joy of learning. In this vein, Reading Odyssey – a community-based project by Educational Psychology Service, SHINE Children & Youth Services – has been empowering disadvantaged children to enjoy reading with meaning, knowledge and understanding via this novel programme since 2013.

Supported by multiple donors from the Community Foundation of Singapore (CFS), Reading Odyssey currently collaborates with various community partners to run in seven centres across Singapore and serves 120 children from Kindergarten Two to Primary Six, many from lower income families. “Many of these children are two to three years behind their peers in their reading abilities and have limited learning support and exposure. They usually have low confidence and a poor academic self-image,” says Magdalen Loh, Reading Odyssey Captain and Lead Learning Specialist.

One of the root causes, adds Magdalen, is lack of exposure. Due to complex issues in their family backgrounds, these children do not have wide learning opportunities, or have difficulties accessing help.

Unlike academically-focused tuition centres, Reading Odyssey focuses on inspiring interest in reading and offering opportunities for exposure and building confidence. Another key objective is to help children understand the meaning of words and knowledge. Here, reading is used as a tool to expose the child to the wider world. Genres are intentionally varied; children are exposed to topics, from robotics to the environment, that may be beyond their scope of interests. Materials are targeted to each child’s ability, and the programme incorporates a guided reading approach involving helpful guided questions for volunteers and children to discuss.

Improving a child’s confidence and inner motivation may not be an easy task, but with time and dedication, the programme has seen rewarding results. In the past years, more than 70% of participants showed an increase in confidence from observable behaviours across its centres, and more than half showed improvements in their reading age or reading levels. “Many of the children are motivated to come regularly. They want to learn more once they know they have improved,” says Magdalen.

Part of the programme’s success is due to its volunteer-driven model and close partnership with the local communities to identify those in need. Each child is matched one-on-one with a trained volunteer, who partners the child to work purposefully through the text and stories. Such exposure and engagement, says Magdalen, helps build confidence and increases their understanding of the different topics.

“With confidence in learning, even if you are a weaker student, you dare to approach someone older and not feel embarrassed. With inner confidence and motivation, you will find ways to help you improve,” she expresses.

With increased demand from the ground, Reading Odyssey is looking to scale its centres from seven to ten by 2021, and increase its reach by 50% to 180 children. Plans in the works include formalising its volunteer training, events to deepen a sense of its community and developing new games and testing tools to enhance the programme’s impact.

Ultimately, the goal is to offer an avenue for disadvantaged children to access opportunities beyond their personal circumstance. Magdalen expresses, “We want to do our part to use stories to help children ask questions and think about the wider world. When their motivation is innate, they can help themselves in the long run.”

Photos: SHINE Children & Youth Services

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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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