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Company of Good

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A snapshot of 'company of good partner 2016', showcasing a reliable and trustworthy business alliance.

Company of Good (COG) is a programme that empowers businesses to give better and more holistically. Companies can gain access to a self-assessment tool, a wide range of resources and an exclusive networking circle. The Community Foundation of Singapore is proud to be a partner of Company of Good to help equip companies with the knowledge and tools to do good together. Read more.

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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News

Donations to CFS increased by 60% over the past two years新加坡社区基金会 两年多善款增六成

Over two years, the number of Donor-Advised Funds (DAFs) managed by the Community Foundation of Singapore (CFS) has increased from 162 to 235, and total donations received since inception has risen from $192 million to $311 million. As of 31 December 2023, CFS has disbursed over $169 million in grants, a big jump from the $114 million disbursed as of 31 March 2021. 

Speaking to Zaobao, CEO Ms Catherine Loh, shared that one reason for the significant increase in donations was due to a few large donations exceeding $10 million over the past three years. She also highlighted the introduction of Legacy Giving by CFS, and the organisation’s efforts to work more closely with financial and legal advisors to promote philanthropy. Notably, about 15% of CFS’s DAFs are memorial in nature, including the recently established Adrian Tan Memorial Fund in 2023. 

Learn more about our DAFs at https://cf.org.sg/donors/donor-advised-funds/.

截至2023年12月31日,新加坡社区基金会发放的善款超过1亿6900万元,比截至2021年3月31日的超过1亿1400万元多,造福更多人。(档案照片)

Over two years, the number of Donor-Advised Funds (DAFs) managed by the Community Foundation of Singapore (CFS) has increased from 162 to 235, and total donations received since inception has risen from $192 million to $311 million. As of 31 December 2023, CFS has disbursed over $169 million in grants, a big jump from the $114 million disbursed as of 31 March 2021. 

Speaking to Zaobao, CEO Ms Catherine Loh, shared that one reason for the significant increase in donations was due to a few large donations exceeding $10 million over the past three years. She also highlighted the introduction of Legacy Giving by CFS, and the organisation’s efforts to work more closely with financial and legal advisors to promote philanthropy. Notably, about 15% of CFS’s DAFs are memorial in nature, including the recently established Adrian Tan Memorial Fund in 2023. 

Learn more about our DAFs at https://cf.org.sg/donors/donor-advised-funds/.

过去两年多,新加坡社区基金会管理的慈善基金从162个增至235个,善款从1亿9200万元提高到3亿1100万元,增约六成,显示国人对慈善的意识不断提高。

截至2023年12月31日,新加坡社区基金会(The Community Foundation of Singapore,简称基金会)发放的善款超过1亿6900万元,比截至2021年3月31日的超过1亿1400万元多,造福更多人。

新加坡社区基金会总裁罗佩仪答复《联合早报》询问时说,过去三年,基金会接到几个超过1000万元的慈善基金,这是善款增加的其中原因。

另一原因是因为基金会积极推广遗赠项目,并且与财务专员和律师更紧密合作,让更多人认识基金项目,所以取得积极成效。

基金会在2008年成立,通过可持续、妥善和具透明度的方式,协助个人、家庭或企业设立或管理慈善基金。

捐款者能以自己、家人或公司名义设立基金,或为逝者设立基金。遗赠可包括现金、提名基金会为受益人的保险赔付或公积金存款,以及有价证券或房地产等。

捐赠者可指定受惠者,基金会将与相关慈善团体配对,制定有效的行善策略。

基金会与超过400个慈善伙伴合作,协助对象广泛,包括孩童、年长者、客工或社会边缘人,援助范围包括医疗、教育、艺术和动物福利等。

罗佩仪说,基金会管理的“捐献者指示基金”(Donor Advised Funds)分三类,一种是捐赠基金(Endowment fund),慈善资产将永久保存在社区基金会并进行投资,投资收益直接用在所选择支持的慈善机构和项目。

第二种属于流转基金(Flow-Through Fund),在特定时期内支持个人选定、所喜爱的慈善机构和项目,占总指示基金约75%。另一种是可投资流转基金(Investible Flow-Through Fund),捐款用于投资,投资回报和本金都可用于个人选择的慈善事业。

 

捐献者指示基金 目前最大款项超过2000万元

 

在捐献者指示基金中,目前款项最大的超过2000万元,而总指示基金也有约15%属于纪念性质的基金,包括去年设立的陈锦海纪念基金。

她说,陈锦海纪念基金是陈锦海妻子为了向亡夫致敬,并支持他生前热衷的慈善事业而设的。

“纪念基金是缅怀亲人的绝佳方式。我们当中的许多人都是读陈锦海的书长大的,很荣幸能与陈太太合作向他致敬。陈锦海纪念基金确保他的遗赠得以延续,支持他生前关心的公益事业。”

罗佩仪也指出,可投资流转基金是一种新的基金类型,“我们看到捐助者的需求不断增加,他们希望利用捐款投资获取回报,并灵活使用捐款和投资回报,支持所选择的慈善机构。”

 

已故前总统纳丹生前设立“纳丹教育提升基金”

 

已故前总统纳丹于2011年卸下总统职务时,通过社区基金会,以他的名义设立“纳丹教育提升基金”。

属于捐赠基金的纳丹教育提升基金,两年多前累积逾1000万元资金。

纳丹生前委任一个拨款咨询委员会,负责就基金可支持的项目提供建议,通过助学金、奖学金,以及各项经济援助计划,支持工艺教育局以下工艺教育学院和高等教育学府的贫困学生顺利升学。纳丹2016年逝世,享年92岁。

 

信用:联合早报©新报业媒体有限公司。复制需要许可

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

Events

Celebrating a decade of inspiring and enabling philanthropy in Singapore

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Two female individuals can be seen in the picture, both dressed in red shirts and holding a volleyball ball.

After months of anticipation, CFS’s year-long 10th anniversary celebrations came to a high point on 5 September 2018 at a gala event held at The Arts House. Guest of honour, Minister for Culture, Community and Youth Grace Fu, and 120 guests including donors, charities and other partners, came together to commemorate this major milestone in CFS’s history.

In her keynote speech, Minister Fu reflected on philanthropy’s important role in Singapore’s history and its continued relevance in building a culture of care. She thanked CFS for “its excellent work in raising funds and giving out grants, as well as in inspiring and enabling giving in Singapore” and that “as Singapore’s only community foundation, CFS plays an important role as a bridge builder between local communities and the larger charitable ecosystem.”

CEO Catherine Loh spoke of how CFS had “much to prove” when she joined six years ago, but that’s she proud to see CFS having a much wider reach in the public sphere today. “The entrance of a community foundation like CFS has transformed how philanthropy is approached,” she remarked, signaling future plans to grow legacy giving, collaboration and impact.

Outgoing chairman Laurence Lien took the occasion to leave CFS with an audacious goal – to raise $1 billion in our donor funds at some point in the future. He expressed, “We count on you present today, to continue journeying with us, to grow this community of givers. We all are part owners of CFS because we are all the part of the Singapore community.”

Guests were also treated to a violin performance by Joey Lau, winner of the Goh Soon Tioe Centenary Award 2017, a fund managed by CFS.

Amidst dinner and cocktails, the mood was buoyant, as many offered their enthusiastic congratulation. “It’s fantastic to see tonight that the achievements of CFS get celebrated,” said Sebastien Lamy, Director of Keppel Corporation and CFS board member. “I look forward to an even stronger partnership with CFS moving forward,” remarked Tui Jurn Mun, Republic Polytechnic.

The evening ended on a jubilant note as we savoured, shared and reflected on an amazing journey over the last decade. Here’s to the next 10 years of giving!

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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

Social Space issue 8: Collective philanthropy – the strength of giving together

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a two page write up regarding Collective Pilantrophy

By Rob John
“Giving to charity has never been a solitary activity in any culture. People have joined together to give for millennia. In Asia, clan associations, religious groups or just friends have enjoyed the benefits of giving as a group. But there appears to be a renaissance of collective giving with the advent of more organised, strategic and outcome-focused philanthropy. At the Asia Centre for Social Entrepreneurship and Philanthropy (ACSEP) where I am presently based, our research team’s curiosity about giving circles was first piqued when investigating the nature of innovation in Asian philanthropy in 2012. In that study, we reported several initiatives where individuals pooled their resources and jointly selected a non-profit organisation to fund. Since then, the number and variety of giving circle models have increased across the region, leading me to believe that giving circles will contribute significantly to the development of philanthropy in Asia over the coming decade.”

Read more about ‘Collective Philanthropy, the Strength of Giving Together’ on Pg 19 of Issue 8 of Social Space.

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News

Dipa Swaminathan on what we can each do for Singapore’s migrant workers

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A woman with short hair and a white top smiling warmly, radiating positivity and joy.

Dipa Swaminathan is a force of nature. At 49, the Harvard-educated lawyer is an assistant general counsel for SingTel and the founder of ItsRainingRaincoats, an organisation created in 2015 to support migrant workers in Singapore and champion their cause. As the recipient of the President’s Award for philanthropy and volunteerism in 2017, Swaminathan knows a thing or two about advocating for a marginalised group—in particular, one that has built our nation from the ground up while bearing the harshest brunt of the fallout from COVID-19.

“Migrant workers are not franchised and lack voices in the broader community,” shares Swaminathan. “The avenues available to us are not to them. They are often scared of speaking up for fear of getting their permits cancelled—which can happen within 24 hours.” The vulnerability of their situations are why migrant workers in Singapore are often forced to tolerate poor living conditions—leading to consequences like the one we have seen this year.

“Migrant workers lack many of the comforts that we are so accustomed to. They are expected to live in close proximity to each other and have limited spaces that they can move around in. In these conditions, the impacts of COVID-19 were felt harder by these workers. ItsRainingRaincoats had to ramp up its efforts overnight as the
pandemic started to spread in the migrant worker community and we did so with tremendous speed thanks to our volunteer ranks doubling and the outpouring of
support from the community,” she adds.

Alongside her tireless efforts for this oft-overlooked group, Swaminathan is now embarking on a new project with The Community Foundation of Singapore. Known as “A Greater Gift’’, the campaign focuses on the true value and lasting impact of a legacy gift. A legacy gift is a method of planned donation—essentially, leading to long-term, sustainable support for a cause you believe in.

As an ambassador for this initiative, Swaminathan opens up to Vogue Singapore about the importance of this movement, her advocacy work for migrant workers in
Singapore and her poignant hopes for their future.

What led you to start working with migrant workers in Singapore? Is this something you have always been passionate about?

Working with migrant workers started almost by chance. I was driving home in a thunderstorm one day and saw two migrant workers crouching under a cardboard sheet to remain dry. I took them home and gave them food and drinks and dry clothes to change into. Several weeks later, I received a call from the police saying one of
the men had been charged with a suicide attempt and the only number he had was mine. He had tried to take his life because he hadn’t been paid for three months and had loansharks hounding his family back in India. I knew it was an act of desperation, and emailed the Police Commissioner incessantly until charges were dropped.
The experience made me realise that you can’t change the world but you can change the world for one person.

We must shift our perception that migrant workers are dirty or societal outcasts. We need to correct perceptions in our own circles and speak up on the issue when the opportunity arises at the dinner table or different social settings.

Another experience that changed the game for me was when I saw a group of migrant workers working in the rain, wearing garbage bags to try and remain dry. I called their employer and insisted that it was their duty to provide for their workers, susceptible to the constant rainy conditions in Singapore. I threatened to flag it with newspapers, share it on social media and report it to the Ministry of Manpower. While the employer hung up on me, the next day, I saw that all the workers had been
provided with raincoats.

Which parts of your work with migrant workers do you find most important?

It is incredibly rewarding to be able to bridge conversations between migrant workers, volunteers and other Singaporean residents, as well as galvanising support from the corporate sector and schools. Connecting different parts of the community helps us to build a bigger support platform for migrant workers, helping them integrate
into the broader community.

For example, during the height of the pandemic, ItsRainingRaincoats mobilised hundreds of volunteers to distribute 600,000 hot meals, 120,000 care packages, and helped 12,000 workers with mobile data top-ups so they could remain connected with their family. We also co-authored a mental health booklet in partnership with the
Singapore Medical Society of Ireland and coordinated fundraising efforts for families of deceased or terminally ill migrant workers.

Tell us a little bit about the “A Greater Gift” initiative

“A Greater Gift” is a three-year initiative led by the Community Foundation of Singapore to highlight that legacy giving is critical to providing long-term support and
sustainability to the causes we care about the most. The campaign is to encourage everyone living in Singapore to leave a legacy. Whether its time, money or
resources,
those who are able to do so will have an enduring and positive impact on those in need within the community. I’m proud to have been selected as a brand ambassador for the campaign, to highlight that anyone can give back.

Aside from the impact of COVID-19, what is one other problem facing migrant workers in Singapore right now?

One main problem for migrant workers is that they are often not paid on time. At the end of the day, they are here to earn a salary without exploitation. If we can
achieve this, it’s the first step towards fair treatment.

How do you think we can rectify the stigma and seclusion that migrant workers face?

There is a plethora of issues that put migrant workers on the back foot when they come to Singapore—there is a large number of them, they have issues with language, they are usually here alone without their families and are far from home.

Change needs to happen within each of us—within our hearts and instincts. We must shift our perception that migrant workers are dirty or societal outcasts. We need
to correct perceptions in our own circles and speak up on the issue when the opportunity arises at the dinner table or different social settings.

The most soul-crushing thing for me is when I hear of a migrant worker death.

Seeing the harsh conditions and difficult circumstances that migrant workers are in must take an emotional toll. Do you ever experience compassion fatigue? How do you take care of yourself and what keeps you going?

I do experience compassion fatigue and I need to give myself time to wind down. There were many days this year at the height of the pandemic where I didn’t have
time to attend to my personal day-to-day needs like even taking a shower. My phone never stopped ringing as I attended to countless migrant workers seeking help.

There is a saying that if you don’t fill your well, you can’t draw from the well. And for me, I keep my well filled by exercising, going on staycations and spending lots of
quality time with my husband and two teenage sons with tons of tennis action. We are also avid Formula 1 fans.

Going into 2021, what is your biggest hope for how the lives of migrant workers in Singapore will change?

I hope fewer of them succumb to workplace fatalities—the most soul-crushing thing for me is when I hear of a migrant worker death. I hope workplace conditions and mental health improves for them. I hope that we don’t hear our phones ringing as much—because then we know that we’ve made improvements for them and for us as a society.

Find out more about “A Greater Gift” at legacygiving.sg. Support ItsRainingRaincoats with a donation or a Christmas gift for migrant workers.

Source: Vogue

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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