Charitable funds boost donations in a tough year for giving
SINGAPORE – More wealthy people are setting up charitable funds that give at least six-figure sums to their chosen causes.There were 143 donor-advised funds set up with the Community Foundation of Singapore (CFS), disbursing $20.2 million to charitable causes in the non-profit organisation’s financial year that ended in March.
Read Next
This is double the 70 funds giving out $11.7 million in the financial year that ended in March 2015.Donors pledge at lea