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International Women’s Forum: From seeding bursaries to expanding horizons for young women
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Stories Of Impact

Stories Of Impact

International Women’s Forum: From seeding bursaries to expanding horizons for young women

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Grit. Confidence. Passion. When it comes to long-term success, these qualities matter.

For Chen Si, an awardee of the International Women’s Forum Singapore (IWF) Education Grant, her pursuit to become a psychologist was driven by a personal conviction. “Two of my close friends almost lost their lives to depression. I’m convinced mental health is a serious issue and I hope to be there for those who struggle in the dark,” says Chen.

Started in 2014 and managed by the Community Foundation of Singapore (CFS), the IWF Education Fund has been supporting young women from financially-challenged backgrounds during their tertiary education. To date, the IWF Education Grant has disbursed over $150,000 to 60 young women from 12 local tertiary institutions.

But beyond affirming academic excellence, the grant has also aimed to nurture women of ‘steel’ – individuals with the character and commitment to achieve in their chosen field. Applicants for the education grant are personally screened by IWF, whose panel includes some of Singapore’s top women business leaders, to recognise young women with the potential to excel and give back to society.

For Chen Si, receiving the IWF Education grant has been a great encouragement. “It affirms the work I do and spurs me to achieve excellence in what I believe in”, she says.

With CFS’s facilitation, the IWF Education Grant has in recent years expanded to more tertiary institutions, including the Nanyang Academy of Fine Arts (NAFA) and LASALLE College of the Arts, thus supporting women who wish to pursue alternative career paths.

The IWF Education Grant has also grown to include a mentorship programme, in collaboration with the Young Women’s Leadership Connection (YWLC). All recipients of the IWF Education Grant are eligible to apply for the IWF-YWLC Mentorship programme, which opens doors for these young women to benefit from connections to successful women mentors, whether it’s building confidence, valuable industry contacts, or a role model they can learn from.

Celeste Marie Jacob, previously an opera student at NAFA, and who now teaches voice at a local music school, received the IWF Education Grant and took part in the IWF-YWLC Mentorship Programme. She was delighted to find that her mentor, despite coming from a business background, helped her to address her career concerns as an arts practitioner.

“It was important for me to think outside my job scope and have interactions with people from different backgrounds,” says Celeste. “As an opera student, my mentor opened my eyes to see new possibilities and opportunities to use my skills.” As a result of the mentorship, Celeste began emceeing for concerts and productions, which has benefited her through the additional income.

For Chen Si, the mentorship programme has offered support in a time of transition to work life, “My mentor reminded me to stay rooted in my values and beliefs and strive for excellence with confidence. With this confidence, I am now better able to face the uncertainties of the future and take things in my stride.”

Goh Swee Chen, President of the IWF Grant Committee Singapore said, “Over the last five years, it has been a joy to see the IWF Education Grant blossom and become a catalyst for personal and professional growth for these talented young women. Empowering women is not merely about supporting them financially, but exposing them to opportunities, networks and career options as they make this critical transition from student to working life. CFS’s facilitation has played a pivotal role, helping to establish a strong foundation that has enabled us to develop collaborations and increase our impact over time.”

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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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Media release: Community Foundation of Singapore celebrates 10th anniversary

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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.

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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.

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The Community Foundation of Singapore: Philanthropy, legacy giving; doing good and how to get involved

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An older couple smiling while posing for a photo, holding a flower in their hands, radiating love and happiness.

Through legacy giving, making a profound lasting change to people’s lives might be easier than you think

Dr Lim Boon Tiong had a long and distinguished career as a doctor, and it shaped his interest in helping the elderly and those suffering from urological conditions. So devoted was he to his causes that he set aside S$24m along with a list of charities he wanted to help. And when Dr Lim passed on, his daughters Sylvia and Ivy Lim had to execute his will.

“Initially, we had many questions when we saw our father’s will. The Community Foundation of Singapore (CFS) has put everything into a nutshell for us, so we are well-informed to make the right decisions,” said Ivy.

In 2018, the sisters set up the Dr Lim Boon Tiong Foundation, a donor-advised fund with CFS. It supports projects such as the Dr Joseph Lim Boon Tiong Urology Cancer Research Initiative at the National University of Singapore (NUH), which funds experimental research to help improve patient healthcare standards and treatment in urological cancer. Other beneficiaries of the initiative include Catholic Welfare Services (CWS), which runs three nursing homes, and Assisi Hospice, which provides inpatient and palliative care.

The gift to set up the donor advised fund is an example of legacy giving, a concept that is slowly gaining traction around the world. In 2018, charities in the United States received almost US$40 billion (S$54.7 billion) in legacy gifts. Likewise, in Singapore, CFS has managed S$67 million worth of legacy gifts to date. Planned giving is not limited to a simple donation of cash. It is a process where donors can make a more informed choice with their contributions, which can take many shapes or forms, including insurance payouts, CPF monies, marketable securities or real estate. One does not have to be a billionaire to make a lasting difference to the causes you hold dear to your heart.

As we grow more astute financially, we become more attuned to the importance of estate planning. The Wills Registry in Singapore registered 3,911 wills last year compared to 3,535 five years ago. Or perhaps, the prospect of an uncertain future and its consequences heightens our collective awareness of this need: earlier in the year before COVID-19 forced the country into shutdown, there was a marked increase in wills registered.

As part of a drive to raise awareness for legacy giving, CFS actively reaches out to professional advisors in the hope that they can appreciate the value of planned gifts and relay this passion to their clients. Advisors will also be better equipped to help clients who are already looking to give – options can be in the form of a donor-advised fund or a direct donation to support the needs of the community. Your advisors’ services will be critical, especially for pledges of complex assets.

To make the process more meaningful, it is good practice to speak directly with charities about the ways legacy gifts can support their work. Likewise, CFS is not the only option you have when considering which approach to take, and you should do your due diligence to find out what works best for you.

But if you decide to work with CFS, you are good hands indeed: founded in 2008 to encourage and enable philanthropy in Singapore and has to date, CFS has raised over S$185 million in donations. It currently manages over 150 charitable funds and works with more than 400 charity partners. CFS does not lean towards a particular cause, so they enable grantmaking across a wide range of organisations from those helping children, seniors or marginalised individuals to education, arts and even animal welfare.

As they are always working to identify gaps and opportunities within the community, the organisation is well-placed to help donors find suitable matches for their interests and maximise the use of their donations. CFS looks to do more with your giving; fostering a culture of effective giving and raising effectiveness through rigorous evaluation of the programmes. Planning your legacy gift now also ensures that your causes can receive donations in whatever manner you see fit, be it in the form of a perpetual endowment, or expendable gifts (i.e. a donated sum that can be spent down). Both are equally valuable.

If this is something that resonates strongly with you, perhaps now is the time to take the first step. Make a legacy gift for the greater good, and see how you can change lives with an act of kindness.

Source: Robb Report Singapore

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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.

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Coutts million dollar donor report 2015

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The Coutts Million Dollar Report produced in association with the Community Foundation of Singapore tracks trends in donations of $1 million and above made by individuals, foundations and corporations in Singapore and around the world. The findings of the 2015 report provide valuable insight into major giving over the course of 2014. While the combined figures did not match those of the previous year, the overall message of major philanthropy remains a positive one, with education being a popular recipient of donations across the world. In addition to presenting and analysing the findings, the report also includes case studies of million dollar donors including our Board member Keith Chua

Speaking after the association’s annual general meeting at Kallang Netball Centre on Friday, Liang-Lin, a fund manager for a US$7 billion (S$9.5 billion) firm focused on green real estate investments in Asia, hopes to bring her expertise to the table and increase the amount of financial support for Singapore netball during her four-year term.

The 53-year-old took over from Deputy Speaker of Parliament Jessica Tan, who has been the association’s president since 2012. Tan had reached the end of her tenure, which saw the national team make several breakthroughs, including a gold medal at the 2015 SEA Games in Singapore.

Liang-Lin holds various appointments such as being Singapore’s representative to the G20 for Women appointed by the Ministry of Finance. She is also a board member of the Community Foundation of Singapore, which promotes philanthropy through facilitating the establishment of charitable funds.

She said: “One of the things that is overlooked when we look at philanthropy and fundraising is that sport is not really part of the things that people will automatically think about.

“Less than one per cent of the funds that we raise in the Community Foundation goes to sport. The values that sport brings need to be amplified more, so that corporates… see the need to support sport. I think that link needs to be stronger so that we get not just more corporate sponsors, but also they can come in for longer periods of time.”

While national agency Sport Singapore provides funding to netball, corporates can also do their part, she added.

She said: “If we play our cards correctly, we can get corporates to come in and hopefully support them, to see the wider purpose of sport and bring the nation together.”

She also hopes the association can be proactive in looking for financial support, adding: “We must work more strategically with governing bodies on educating corporates on the importance of really supporting sport.”

The former netball player also made references to the recent Women’s World Cup for football, noting the “ability for a game that focuses on women in the sport to bring global attention”.

She said: “I want that kind of trajectory of the limelight going to women’s sport. I think that is a trend that will continue, and I hope that netball will be part of that trend.”

Meanwhile, Tan was satisfied that she has achieved the three objectives she had set out to do when she came on board – to improve quality of play, build a fan base and create an ecosystem which involves coaches and players.

The 57-year-old added: “As much as I do feel sad about having to step down, but at the same time, leadership renewal is very important.

“I think Trina will help to galvanise the team together, and bring a lot of new perspectives and quality to the association.”

Join us in making an impact on Singapore sports scene! Reach out to us for more information.

Source: The Straits Times © SPH Media 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”。

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

The S.S. Jhunjhnuwala Charity Fund: Honoring a Father’s Legacy

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For CFS donor Mr Surya Jhunjhnuwala, the late patriarch Shyam Sundar Jhunjhnuwala who founded the Hind Group, was a devoted father and man of vision, passing on to his children the values of humility, hard work and honesty. These principles were ingrained into them at a young age and have guided his family through both good and challenging times.

The  S.S. Jhunjhnuwala Charity Fund was set up by the Hind Group to honour him. The Fund, managed by The Community Foundation of Singapore, is proof that S.S. Jhunjhnuwala’s legacy lives on, its grants supporting welfare initiatives and underprivileged women.

Mr Jhunjhnuwala was also a forward thinking visionary of his time. He was a passionate believer that girls should receive equal opportunity, and that they should receive a good education. He was a mentor for one of the first all-girl schools in his ancestral home of Rajasthan, and this belief has also been entrusted and passed down to his children.

The S.S. Jhunjhnuwala Charity Fund believes that education is the most vital tool in unlocking the potential of children and young adults, hence its mission to provide students in Singapore with opportunities to achieve their potential and a chance to create for themselves a life they dream of.

The Fund currently provides two grants to the Singapore Institute of Technology (SIT). The first is the SS Jhunjhnuwala Naumi Hotel Bursary, given in perpetuity to female students who wish to pursue an education in the field of hospitality, created with the late patriarch’s vision of equal opportunities for women in mind. 

The second grant is the VD Jhunjhnuwala Naumi Hotel Emergency Grant, which supports students facing unforeseen difficult situations and gives them a chance to continue their education. Over the years, they have also supported Gladiolus Place, Ramakrishna Mission-Boys’ Home and the Migrant Workers’ Centre.

‘’My father embodied the principle of honesty, and through his strong character and resolve he taught me the importance of consistent and conscious hard work. Our hope for the S.S. Jhunjhnuwala Charity Fund is to create a legacy of continuous service and impact. Giving back is at the core of our business, and a duty we take seriously. I fondly remember my father who taught me to live a life of integrity,’’ shares Mr Surya Jhunjhnuwala.

Learn more about our Donor advised funds here. If you would like to start your giving journey and provide support for the causes close to your heart, get in touch with us at contactus@cf.org.sg to find out how you can make an impact with your giving.

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