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The Business Times: Collective action to meet community needs sustainably

As companies today find themselves caught between the dilemma of limited resources and the compelling desire to create social impact, it is increasingly apparent that the key lies in collective solutions.Challenges facing our society are ever-changing and usually stem from multiple root causes. Therefore, systemic solutions for such issues need collective knowledge, resources and will.

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EDIS Cares Fund – Helping disadvantaged young children reach their full potential

EDIS (Economic Development Innovations Singapore) is an international economic development company that provides strategic advice to other countries by leveraging on its experience in Singapore. Innate to its business is the need for a long-term, strategic view, flexibility and a nimble attitude, which it also applies to its Corporate Social Responsibility (CSR) efforts.Its CSR initiative EDIS Cares creates opportunities for disadvantaged children in Singapore by helping them to reach their full potential. From the onset, EDIS Cares adopted a non-traditional CSR model – looking to understand the basic needs of beneficiaries, co-run programmes with community partners and recruit volunteers from outside the company.

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The Business Times: EDIS manages CSR like a business

For many, CSR (corporate social responsibility) has been an extracurricular activity, almost cosmetic in the way it sits outside the realm of real business. However, companies such as Economic Development Innovations Singapore (EDIS) are exceptions, given the way it manages its business – which is collaborative, sustained and in-depth.EDIS is an international economic development company which undertakes the development and management of integrated industrial and urban areas.

a picture of laurence lien, catherine loh, melissa kwee, and mildred tan

Lunar New Year celebrations and collaborations 2017

This year, CFS’s annual appreciation lunch was held on 8 February at the Regent Singapore. Some 120 guests attended the event which is CFS’s way of saying ‘thank you’ to our donors, charities and partners for their unwavering support. True to the spirit of celebrations, there were happy handshakes, endless conversations and a festive, convivial atmosphere all around. Donors met charity partners, old friends made new friends.National Volunteer & Philanthropy Centre (NVPC) joined CFS as co-host this year as we launched Colabs – a learning network that brings together different stakeholders in the giving system to enable greater and deeper social impact. Chairpersons Laurence Lien and Mildred Tan and CEOs Catherine Loh and Melissa Kwee of CFS and NVPC respectively put their collective signatures on the Colabs board to kickstart this exciting initiative. It is hoped that more signatures will be gathered as we embark on this collaborative journey.

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The Straits Times: Philip Yeo biography raises more than $500k for charity

“More than half a million dollars have been raised for charity in conjunction with the launch of former senior bureaucrat Philip Yeo’s biography, Neither Civil Nor Servant.The funds collected by the Economic Development Innovations Singapore (EDIS) – which Mr Yeo chairs – will go towards helping underprivileged children, via the company’s corporate social responsibility arm, EDIS Cares.

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

“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.

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Feeling good about giving

It’s the season for giving and besides getting gifts for our loved ones, many of us will also be giving to charities we usually support.But over the years, if you are wondering whether you are merely writing a cheque or really helping the needy, perhaps this is a good time to take stock. Gain a better understanding of who you are helping and the kind of difference you are making. Many of CFS’ donors start with this thought, and I am happy to share some tips that can help make your year-end giving more meaningful.

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