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Lianhe Zaobao: CFS has helped donors set up more than 80 funds in the past 8 years
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Lianhe Zaobao: CFS has helped donors set up more than 80 funds in the past 8 years

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胡洁梅 14 November 2016

从资助年长者活动的基金,到帮助工艺教育学院学生的“纳丹教 育提升基金”,新加坡社会基金会协助设立的基金从八年前的七个, 蓬勃发展至目前的80多个,支持各类公益项目。

年设立的慈善机构新加坡社会基金会(The Community Foundation of Singapore)旨在为善长仁翁提供咨询服务,协助他 们成立基金推展公益活动,并管理基金。捐款者须承诺至少20万元来 设立基金。

基金会总裁罗佩仪在回顾基金会的发展时指出,更多有经济能力 的个人和家庭希望能回馈社会,却没有时间和资源来设立基金会。“ 社会基金会希望为善长仁翁提供一站式咨询,协助他们管理基金,并确保良好且高素质的监管水平。”

她说,更多有经济能力的家庭推动慈善事业,把它当作教育下一 代社会责任的方式。近年就有更多家庭找上社会基金会,要求协助以 家人名义设立基金。

不过这类捐款者一般保持低调的捐款方式,谢绝受访。

罗佩仪受询时透露:“尽管经济增长放缓,基金会今年的捐款额 增长率仍持稳。受经济影响,加上去年SG50庆祝活动和优惠(捐款税 务回扣300%),去年收到的捐款额其实比较多,不过基金会今年也 迎来新的捐款者,因为他们明白在当前的经济情况下,更需要帮助有 需者,因此整体的捐款情况仍不错。”

至今,社会基金会已协助设立80多个基金,发放4200万元,支持 不同慈善项目,合作的慈善团体有超过400个。

基金会根据捐款者想支持的公益项目类别,协助成立基金,让相 关志愿组织机构利用。虽然多数捐款者支持的项目普遍针对年长者、 体障、教育事业等,但已逐渐以较新颖的方式推行,不局限于颁发奖 学金和助学金。

退休商人伯德(William Bird)与妻子设立的基金资助一些机构 为年长者举办郊游活动等,过去六年已有50多个乐龄护理中心获益。

SymAsia是另一个协助捐献者以个人或公司名义设立基金、并在 本地注册的基金会,由瑞士信贷(Credit Suisse)管理。这也是亚太 区唯一由银行经营的捐献者指示基金会(Donor Advised Fund)。捐 献者须承诺至少100万元设立基金。

瑞信亚太区家族办公室服务兼慈善顾问董事洪智聪指出,自2010 年设立以来,SymAsia基金会截至去年10月已有约8000万元捐款支持 亚太区的300多个慈善机构。SymAsia旨在支持人道和社会发展项目、 自然保护、教育、文化等方面的公益事业。

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Translation:

From helping the elderly to the S R Nathan Education Upliftment Fund, CFS has grown from seven to 80 funds in eight years, supporting a wide range of causes.

CFS provides philanthropy advisory services to donors who pledge $200,000 to set up a fund.

Said CFS CEO Catherine Loh, “More wealthy individuals or families want to give back but lack the time and resources to set up their own foundations. CFS offers one-stop philanthropic services for these donors, helping to manage the funds and ensuring that all grants are made with high levels of governance and accountability.”

“More families have started charitable giving as they see family philanthropy as a way to bring multi generations closer together and instil a sense of social responsibility in the younger generation. In recent years, an increasing number of families have approached CFS to set up family or legacy funds.”

Many of these donors wish to remain private and declined to be interviewed.

Ms Loh continues, “With slowing economic growth, as well as donors having given a higher than normal amount last year due to SG50 celebrations and incentives (300% tax deductions), we do find that donation amounts are lower this year. However, we also have new donors who understand the urgency to provide more financial support to the needy despite the economy slowdown. As a result, overall donation growth is constant this year.”

Up till today, CFS has raised $80 million in donations, disbursed $42 million in grants in partnerships with over 400 charities.

CFS helps donors set up funds, then bridge donors to support their desired charitable causes. While most donors still gravitate towards the usual causes such as education, health, elderly and the disabled, they are open to supporting these causes in new ways.

Mr and Mrs William Bird’s fund has benefited seniors from over 50 eldercare centres.

SymAsia is another organisation that helps individual donors or companies set up funds, managed by Credit Suisse. It is Asia’s first bank that manages donor advised funds, with a minimum donation of $1m to set up a fund.

SymAsia’s Deputy CEO Bernard Fung said, “Since 2010 till last October, SymAsia has raised $80m in donations to help 300 charitable organisations in Asia. SymAsia supports development and community programmes in environment, education, culture.”

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Impact lives through savvy giving

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Four women standing together in a room with a table, engaged in a conversation and displaying a sense of camaraderie.

Make savvy giving a legacy in your life: that was the clarion call to around 100 donors, charities and partners at the Community Foundation of Singapore’s (CFS) Lunar New Year lunch held in February.

“Being savvy in giving is about going beyond the usual traditions of supporting general fundraising campaigns, to deliberately taking charge of generosity,” shared Christine Ong, Chairman of CFS in her opening speech, “It’s about planning and thinking deeply about how to create a powerful effective result, to improve things and impact lives.”

Signaling a new phase for CFS in her first year as Chairman, Christine outlined CFS’s ambition to nurture “a nation of savvy givers” to create a more caring Singapore.

“The signature of a savvy giver or philanthropist, is to be bold and informed, curious and committed, and enthusiastic about putting into practice their beliefs and hopes for a better world,” she explained.

To this end, Christine highlighted that CFS would work on championing new giving by reaching out to donors and making giving easy and meaningful. Moving forward, CFS would also continue to drive collaboration for change, provide professional learning opportunities to the local sector and develop CFS’s organisational culture and capacity.

The lunch also saw the announcement by CFS for a new nationwide Legacy Giving Initiative – an ambitious project to help donors making savvy giving a legacy in their lives.

CFS wants to make legacy gifts a social norm in Singapore, and for donors to consider giving at every stage of their life journey.

The three-year initiative will be launched in the latter half of 2020. It aims to reach out to three audiences: donors, professional advisors and charities by promoting awareness, building and sharing knowledge and supporting action.

As Singapore’s only community foundation, CFS is fortunate to build on over 11 years of experience, to bring donors, charities and other stakeholders together.

Rounding off the lunch, CEO Catherine Loh thanked CFS’s donors, Board, partners and charity partners for their support as CFS turned a new page in its history. “We will be embarking on new initiatives and pursuing innovations as we build towards the future. Our Legacy Giving Initiative will further strengthen CFS’s position as the go-to philanthropy resource in Singapore, benefitting donors and charities alike,” she shared.

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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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News

Singapore Tatler: Living Legacy

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Engaging magazine article highlighting living legends, individuals whose exceptional contributions have made them iconic figures in their respective domains.

More people are starting to think about philanthropy and giving back, instead of leaving it as a post-retirement consideration. Thio Shen Yi and Stefanie Yuen Thio, and Adrian and Susan Peh tell Singapore Tatler how they are making more strategic and effective giving through their private charity funds with the Community Foundation of Singapore.
Read more.

Courtesy of Singapore Tatler, October 2018

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”。

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Events

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

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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. 

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News

The Straits Times – Fund marks 20 years of marriage for couple

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Ms Trina Liang-Lin on a couch posing for a photo

About six months before Ms Trina Liang-Lin’s 20th wedding anniversary on June 2016, she mulled over how to make the occasion meaningful.

“My husband and I did not want just another party,” said Ms Liang-Lin, 47, managing director of investment research consulting firm Templebridge Investments.

She is married to Mr Ed Lin, 49, partner and director of the Singapore office of Bain & Company, a global management consultancy.

The couple have no children.

“We wanted to do something meaningful that can last beyond a party,” she added.

Her friend Laurence Lien, chairman of the Community Foundation of Singapore (CFS), suggested she organise regular donations to charity under a common fund, which the foundation could help to run. “We liked the idea. It saves us the work and resources needed to set up a private foundation,” she said.

In early 2016, the Lin Foundation was set up under the umbrella of the CFS with a six-figure sum, she said.

The fund has given money to the Singapore Committee for UN Women, a non-profit organisation that promotes women’s empowerment and gender equality, of which Ms Liang-Lin is the president.

The committee supports the work of UN Women, the United Nations body that promotes gender equality and fights discrimination against women. The fund has also given money to the Singapore Management University, the Singapore Repertory Theatre and the Society for the Prevention of Cruelty to Animals.

These were causes that she picked when the fund was set up.

On more younger, wealthy people like her setting up charity funds, Ms Liang-Lin said: “Increasingly, people are realising that they don’t have to wait till they are older or richer to give back and make an impact.”
Read more.

Photo: The Straits Times

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
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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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