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The Business Times: A S$10m fund with a difference to address Singapore’s social issues
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Stories Of Impact

Stories Of Impact

The Business Times: A S$10m fund with a difference to address Singapore’s social issues

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It seeks to foster tie-ups among stakeholders for long-term initiatives, rather than one-off donations

By Claudia Tan

Lunch affairs with Singapore Exchange (SGX) head of global sales and origination and executive vice-president, Chew Sutat, does not come cheap. But it is not because he prefers fine dining or a lavish meal, but rather, he is always looking out for opportunities to raise funds.

Mr Chew is known for chairing the SGX charity initiative Bull Charge since 2011. He is also chairman of Caregivers Alliance and the Kaki Bukit Grassroots organisation, among other key positions he holds.

“That’s why people joke that lunch with me is very expensive because invariably, there is always some cause that someone resonates with and I happen to be able to be a channel to help them give back,” said Mr Chew.

His inclination to contribute to society can be attributed to his days as a boy scout in Anglo Chinese School (ACS).

“As a kid, my first interaction with social causes was raising money as a scout,” said Mr Chew. He also chaired the Interact Club, which provides opportunities for students to serve the community, in secondary school.

While he was actively involved in social and community-based activities in his early days, he admitted to taking a backseat upon enrolling in university and entering the corporate world.

It was only when former SGX chief executive officer Hsieh Fu Hua came into the scene that Mr Chew reignited his passion for philanthropy. Mr Hsieh was responsible for initiating the Bull Charge back in 2004 and had always championed for charitable causes.

“Fu Hua was an inspiration and after he left SGX, I had the opportunity to chair the internal SGX corporate social responsiblity activities. He is also one of my key mentors that got me more involved in charity and community work later in my corporate life,” said Mr Chew.

His involvement in charity and community work made him realise that there exists what he coined as a “market failure” in fundraising efforts.

“There are a lot of young folks who may have an interest in doing good and want to set up charities for causes they are passionate about but money from many foundation owners may not necessarily find the way to these people who want to do good.”

“And many of them with the best intentions don’t necessarily have the experience, network or professional ability to set things up,” he said.

That was why when the new initiative Mind the Gap 200 (MtG200) was brought to his attention, he seized the opportunity to be a part of it.

Kickstarted by chief executive officer of Pavilion Capital Tow Heng Tan, MtG200 is a S$10 million fund set up by 11 donors, in their own private capacities, with the Community Foundation of Singapore (CFS) to address social issues in Singapore. MtG200 targets needs in four main areas – community, education, healthcare, and sustainability.

Mr Chew, who is the youngest member in MtG200, said that it was humbling for him to be able to fill the gaps of the “market failure”.

“The fund can create confidence for new initiatives to kick off and be a platform for others who would like to give back and bring about catalytic change,” said Mr Chew.

What sets this fund apart is that it aims to foster collaboration among stakeholders for long-term initiatives, rather than one-off donations.

“The MtG200 family of funds can leverage on each other in terms of their individual expertise to create something that is much bigger than what they can do on their own,” said Joyce Teo, deputy chief executive officer of CFS.

This is contrary to current charity efforts that involve a lot of event-based fundraising.

“Current initiatives create a very transactional relationship between the giver and the charities,” she said.

A fund like MtG200 will build a longer-term relationship with the charity partners, creating sustainability in terms of funds going into the charity sector.

Last week, MtG200 had already made a commitment of S$500,000 to Assisi Hospice to look into building capabilities in manpower and innovations to deliver palliative care.

But Mr Chew acknowledged that sparking change in the society extends beyond fundraising, and manpower is needed on the ground.

He recounted how he often gets mocked by his wife, who is a volunteer at an after-school care for those who come from economically disadvantaged backgrounds.

“She said she is doing the real work while I sit on charity boards and do the boring stuff,” said Mr Chew.

The challenges faced in the charity scene are plenty but the needs are even more, he said

“Bottom line is that there is a role for every individual. You may not be able to write that big cheque but a small cheque can go a long way. You may not be able to go into the sector fulltime but you may volunteer in other ways.”

On rumours that his active involvement in grassroots work may position him for a career in politics, Mr Chew replied, “My present plate of professional responsibilities, community and volunteering work is already more than full – supported by a very patient wife. Read more

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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: Community Foundation of Singapore Celebrates 10th Anniversary

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A group pf individuals from CFS posing together

The Community Foundation of Singapore (CFS) was founded during a tumultuous time. Chairman Laurence Lien recalled that it was during the global financial crisis of 2008 and Lehman Brothers had just collapsed—hardly good news for a non-profit organisation that was set up to encourage and enable philanthropy in Singapore. But now, 10 years later, 113 charitable funds have been established with CFS, which has raised more than $100m and disbursed around $60m to over 400 charitable organisations in Singapore, said CEO Catherine Loh at its 10th anniversary celebrations at The Arts House, which was graced by minister Grace Fu as its guest of honour. Lien and Loh also paid tribute to its donors and charity partners, and encouraged one and all to not only give more, but give well and channel them for impact. CFS’ three-pronged focus in the coming years—collaboration, legacy and impact—will guide its purpose of building a philanthropic culture in Singapore.
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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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

How Collaborative Philanthropy is Powering Support for Mental Health

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No friends, no job, and no confidence. That’s what one person grappled with when he first attended a Growth Circle run by Growth Collective SG. By the end of the year, he had built some friendships and was weighing new career opportunities. His self-worth soared. 

Growth Circles are a powerful means to open up mental wellness support to anyone in need. With the backing of philanthropic dollars and like-minded partners from the public, private and nonprofit sectors, Growth Collective SG is sparking a movement for accessible well-being that is gaining momentum.

Growth Collective SG grew out of the Community Mental Health Champions initiative. A collaborative project by CFS and Empact that was generously funded by the Johnson & Johnson Foundation, it began in 2021 with the aim of building a pool of people equipped to help others access mental health support. Mental wellbeing is one of five focal areas that CFS has identified as a priority for grant making in the coming years.

Growth Collective SG is made up of the following organisations:

  • Growthbeans, a social enterprise that provides coaching-infused programs, products and services to equip individuals and leaders with self-awareness, compassion andkey people skills to grow resiliently, connect authentically, and give meaningfully for their well-being.
  • SG Assist , which supports caregivers and their loved ones through an app and volunteers;
  • Singapore University of Social Sciences (SUSS), whose mission is to transform society through applied social science and to inspire lifelong education;
  • Psychosocial Initiative, a social enterprise that promotes psychological first aid skills and emotional/mental health literacy awareness;
  • Empatho, a consultancy that provides social, emotional and mental wellness training to organisations and schools and wants to shift the mental health paradigm from a remedial model to a preventive one;
  • Singapore Anglican Community Services, the community service arm of the Diocese of Singapore;
  • Community of Peer Support Specialists, (CPSS) is a ground-up collective made up of professionally trained and certified Peer support specialists interested in growing Singapore’s mental health peer support movement. They leverage on their lived experiences to provide support to persons with mental health challenges while engaging them in clinical, community and workplace settings.

The idea of Growth Circles for mental health came from Growthbeans, which has been running sharing circles and coaching circles since 2015. These are psychological safe spaces for sharing, reflecting and building meaningful relationships. Each Growth Circle is led by a trained facilitator, who empower individuals through active listening and asking effective questions. “Mental health is a state of wellbeing. To empower individuals to better support their personal wellbeing, we want to provide them with more than a safe space to belong. We want to provide a platform for people to gain self-awareness and perspectives, and have a guided way to practise and grow their person-centric skills with the support of others. And, we have seen the impact that Growth Circles have made,” says Shane Yan, a co-founder of Growthbeans and an ICF certified coach. Shane is the Chair of the steering committee of Growth Collective SG and sits on the steering committee of the SG Mental Well-Being Network.

Drawing upon the varied resources, experiences and competencies of its members who cover the spectrum of the mental health continuum, Growth Collective SG came up with a framework to support four aspects of personal growth – social, psychological, emotional, and spiritual growth. It then set about training Growth Facilitators to lead the Growth Circles. They set boundaries, offer psychological first aid and help participants develop soft skills such as questioning skills, empathy, compassion and emotional intelligence.

Growth Circles typically comprise four to five individuals and take place in person or online. The very first one, held at SUSS, garnered a good response from curious students. “Many people feel burnt out or overwhelmed. They appreciate the friendships made, opportunity to share and process their emotions, the new perspectives gained to lift their emotional and mental burden, and the awareness that they are not alone” says Shane. There is now a waitlist for many of these sessions. And, it is attracting a growing diversity of people of different ages, walks of life, and life experiences.

Even more encouragingly, the practice of and learnings from these Growth Circles are being incorporated into the curriculum at SUSS, for undergraduates studying psychology while postgraduate students will undergo the Growth Facilitators training. Longer-term, Shane says the goal is to build a sustainable, scalable offering that bolsters not just mental wellbeing, but employability, as well as community resilience.

“We are grateful to Johnson & Johnson Foundation. Without their funding, the dream would have taken much longer to materialise,” says Shane. And ultimately, its success has hinged on different stakeholders across the charitable, government and private philanthropic sectors working together to engender change.

“A collective allows a diverse group of stakeholders to work together to reinforce each other’s efforts and achieve more impact. Through Johnson & Johnson Foundation’s funding, CFS took on a backbone role in the collective to align activities, establish shared measurement practices, while mobilising and managing resources,” says CFS.

Growth Collective SG has a promising pipeline of projects. This includes running Growth Circles for residents of Nee Soon South Community Centre and Yuhua Community Club, a partnership with the National Gallery to combine Growth Circles with their How to Art with Friends program for its upcoming Wellness Festival, and an MOU with the Institute for Human Resource Professionals to hone skills for workplace wellbeing.

Enabling community well-being takes an entire ecosystem working together in partnership. Growth Collective SG has officially launched its Together, We Grow movement on 1 April 2023. Join the movement, collaborate with us, and bring Growth Circles to every part of Singapore. Find out more here.

To find out more about how CFS empowers collaborative philanthropy, click here .

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Stories Of Impact

Heart Of Goodness: The Vocal Prowess Of Stefanie Yuen Thio

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She stands out for her irreverence. Her saucy humour. Her no-holds-barred views on a gamut of issues from cryptocurrencies to shady KTV business owners. However, right now, flanked by vibrant Pop Art in her living room and two energetic dogs, Stefanie Yuen Thio is in “pensive mode”. In fact, she is downright disturbed.

As part of the Singapore Together Alliance for Action (AfA) to tackle types of online harm, the corporate lawyer has just come from a discussion about the growing harassment women face. “It’s not just sexual grooming and revenge porn,” she says. “Women, more than men, face a higher incidence of gender-based abuse on the internet such as cyberstalking, trolling and violent threats, and teenage girls are even more vulnerable. 

“We need to take a stand. It’s time the community took control,” she says. AfA is a government-led initiative, tapping youths, tech companies and academics, as well as corporate figures such as Yuen Thio, to come up with ways to make the online world a safer space. Foremost is to raise public awareness of the need for it, as victims typically have little idea what to do. 

Other goals are to create a code of best practice, to offer assistance and to scrutinise how social media is shaping online behaviour as well as mental wellness. A recent study from Nanyang Technological University, for example, found that the more time we spend on Facebook, the greater our risk of suffering from depression. 

A Voice For The Underprivileged

Yuen Thio knows well how social media can define us. Her voice is regularly heard on LinkedIn, where she has over 13,000 followers and was ranked one of Singapore’s top voices in 2020. She can also be heard on the BBC, where she is a guest commentator. Her tongue-in-cheek posts can be uninhibited, sometimes raising eyebrows and drawing flak. But this is not distracting Yuen Thio, who is clearly comfortable marching to the beat of her own drum, from championing the causes she believes in and sparking conversations that could galvanise change.

The online harms alliance, launched in July, is the latest of Yuen Thio’s advocacy work outside of her day job as joint managing partner at TSMP Law Corporation, a boutique corporate-law practice. She is also bringing her energy and savvy to the pandemic’s exigencies: as Singapore battled Covid-19, she has been driving efforts to help frontline workers and those hard hit by the cratering of the economy. 

“I read a story about an ambulance driver who was turned away from a chicken rice stall and about nurses who could not get a taxi home,” she says. It dredged up memories of SARS, when hospital staff were shunned during the 2003 outbreak for fear of them somehow carrying the virus. “I thought f— that! We’re not doing that again,” she says.

Empowering Others To Help

So, early on in the crisis, she helped put in motion the Sayang Sayang Fund with the Community Foundation of Singapore (CFS), a nonprofit that promotes philanthropy. Yuen Thio, who sits on the board of CFS, seeded the fund with a $20,000 gift. Managed by CFS, the Sayang Sayang Fund has since ballooned to over $9.6 million and supported more than 359,302 people in the Republic. 

Her law firm, too, has stepped up. With many of its staff working remotely via laptops, TSMP is donating unused desktops to the needy. The firm, which sets aside 10 per cent of annual profits for charitable giving, has been sponsoring meals and care packs for hospital workers. And, in Cheng San-Seletar constituency — its MP is Nadia Ahmad Samdin, a former TSMP lawyer — its staff have befriended and accompanied seniors to get vaccinations. 

This hands-on volunteering is in addition to the pro bono work the firm does. All its lawyers are encouraged to do 25 hours per year, to improve access to justice for the under-served. The firm takes a special interest in cases where migrant workers are treated badly and works with groundup initiatives such as Humanitarian Organisation for Migration Economics, Transient Workers Count Too and It’s Raining Raincoats

Yuen Thio, who was an advisory board member for the NUS Centre for Pro Bono & Clinical Legal Education from 2018 to 2020, recalls a tea that TSMP organised for foreign domestic workers. “We talked about their rights. And so many of them cried because nobody had ever looked at them with much humanity,” she says.

The Law Firm That Gives

The firm has also established the TSMP Law Foundation to allow more structured giving, something Yuen Thio is hoping to prod more wealthy Singaporeans into doing. With husband Thio Shen Yi, who co-founded TSMP with his mother, the couple has created a #GivingBack Foundation through CFS, which helps individuals set up and manage funds and grants. The foundation also works with over 400 charity partners in Singapore. 

Through these plans, she hopes philanthropy will be less ad hoc and will become more a part of the Singaporean DNA. As part of their legacy gifting outreach, for instance, CFS is encouraging everyone to leave something in their wills to charity, be it properties, equities, art or wine. But beyond that, she wants Singaporeans to start on their philanthropic path earlier in life. 

“Charity should start early and not only after you die,” says Yuen Thio. CFS can help set up foundations within as little as 24 hours and is reaching out to the well-off through private bankers and family offices. 

She also advocates getting the next generation involved to further institutionalise giving. “The tragedy of this generation is a sense of purposelessness. There are too many safety nets,” reckons Yuen Thio, who has a son studying in London. 

However, she notes that the youth of today also have an altruistic streak and can be swayed by causes such as climate change and social inclusion. Their motivations, compared to “my generation whose goal was to make money first”, will undoubtedly shape the future of philanthropy.

What is also firing her up at the moment is how women are reshaping philanthropy. She describes the no-strings attached, big-ticket giving by MacKenzie Scott, ex-wife of Amazon tycoon Jeff Bezos, as inspiring. In her opinion, “…Women are more concerned about impact, not control. We look at needs and, in my experience, are much more ready to open our wallets when a cause resonates with us. We tend to give from the heart, men from the head. Men are less emotional, they think of data and longevity of legacy,” she says.

Another generous giver is Melinda French, the ex-wife of billionaire Bill Gates. Both Scott and French are donating to causes that empower women and boost education — things that Yuen Thio believes could turn the tide for gender equality. Reflecting further on how these women have come into their own after their divorces, she says, “Sometimes, when the wife has lived in the shadow of her husband, you need a marriage to break down for a woman to really shine.” 

Strength in Solitude

For herself, she has found solo travel to be empowering. Yuen Thio embarked on her first one three years ago and chose Beirut. “I had never lived by myself or had my own space. I wanted to feel how it was to be my own person in the world, out of my comfort zone,” she says.

Armed with her telephoto lens, the photography enthusiast made her way to the Lebanese capital and was thoroughly struck by the city’s contrasts. A memory of the bombed-out Holiday Inn rubbing battered shoulders with the palatial Intercontinental Phoenicia stands out for her, attestation to the resilience and durability of the human spirit.

Women, more than men, face a higher incidence of gender-based abuse on the internet such as cyberstalking, trolling and violent threats, and teenage girls are even more vulnerable. We need to take a stand. It’s time the community took control.

When she turned 50, she packed her bags for a solo trip to Bordeaux and then to Auschwitz-Birkenau. She chose the wine region in the southwest of France because she speaks French, and the concentration camps in Poland to try and comprehend the past. “I wanted to understand human history,” she says, adding that we shouldn’t run away from confronting terrible things. Walking through the extermination chambers, she was shaken by the banality of evil. “I remember thinking, ‘This is what evil feels like. It creeps up on us.’” 

Covid-19 has halted her travels, both for work and for leisure, but it has also given her time to slow down, connect more, write more. 

“I’ve always liked writing,” says Yuen Thio, who spent one holiday during her university days as a cub reporter for The Straits Times Life!. Whether advocating for clients, the under-served, or simply musing on an issue that moves her, Yuen Thio makes an impact with her inimitable, eloquent voice.

If you would like to begin your journey of giving back, get in touch with us.

This article was originally published in A Magazine here. Permission required for reproduction.

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