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CFS wins two awards at the Charity Transparency and Governance Awards 2019
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CFS wins two awards at the Charity Transparency and Governance Awards 2019

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CFS posing with their awards at the Charity Transparency and Governance Awards 2019

CFS wins two awards at the Charity Transparency and Governance Awards 2019: The Charity Governance Award – Special Commendation for Governance and Management – and the Charity Transparency Award

CFS is honoured to have won the Charity Governance Award – Special Commendation for Governance and Management – as well as the Charity Transparency Award. Conferred by the Charity Council, we were privileged to be amongst a select line-up of outstanding charities that were recognised for exemplary disclosure and transparency practices at the Charity Governance Awards dinner on 3 December 2019.

About the Charity Transparency and Governance Awards 2019

 A total of 67 charities, including CFS, were conferred the Charity Transparency and Governance Awards for their overall excellent transparency and governance practices.

In addition, CFS was among the seven charities that won the Charity Governance Award

The Charity Transparency Award was first launched in 2016, to recognise charities with good disclosure practices that the Charity Transparency Framework recommends.

Inaugurated in 2012, the Charity Governance Award recognises charities  that have adopted the highest standards of governance, in line with the Code of Governance for Charities and IPCs. 

Exemplary governance and management practices

CFS is governed by a board of eminent professionals, selected via a rigorous process, who serve pro bono. They work closely with CFS’s management to steer the organisation in realising our strategic vision.  Our Board has set up several committees, with recognised experts as members, to ensure the organisation is run optimally with transparency, aligned with our mission and purpose. Since our inception, CFS has continuously invested significant resources to exceed expectations in governance, compliance and management. Part of the training process for board and staff is to highlight the importance of acting according to the highest standards. 

Sharing our lessons

Over the past years, our Board and staff have worked hard to ensure that we maintain these high standards across the organisation and in daily work. CFS’s steady growth in the last decade is testament to the trust donors and partners have placed on us, as well as the dedication of our staff.

CFS is honoured to attain this accolade and will be happy to share our experience other charities going forward. We found it especially useful to work closely with our auditors, who have provided valuable guidance and support. Charities can also draw on the helpful resources provided by the Commissioner of Charities and the Charity Council in Singapore, which we highly recommend. 

Looking ahead 

We are thankful to our partners and donors who trust our professional expertise to meet their giving goals. We are so grateful to our Board of Directors and committee members for their dedicated oversight and support.

“Ours is a business built on trust.  Good governance is integral to our success and that of our stakeholders. We will not rest on our laurels but continue to improve and innovate to ensure continued confidence in CFS,” said Catherine Loh, CEO, CFS.

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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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Stories Of Impact

The Tabung Project – Saving together for a better future

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a group of kids playing

Launched in 2013, the Tabung Project is a simple yet inventive micro-savings programme by the Healthy Start Child Development Centre (HSCDC), a childcare centre by Beyond Social Services serving children from disadvantaged backgrounds.

With generous support from a donor through the Community Foundation of Singapore (CFS), families who take part in the Tabung Project are encouraged to save in an innovative way. The idea is simple: every child brings home a tabung (“savings bank” in Malay) where family members and even the child are encouraged to contribute. Each month, Tabung Counting Days are conducted, and each child’s savings is then poured into a community savings pool.

Through a multiplier strategy, the collective savings are matched by the donor and government, yielding a greater savings deposit. The impact of the programme is that every dollar saved multiplies into much more as a result of this generous funding support. As an initiative which involves the whole family, the Tabung Project also inculcates an appreciation of the importance and benefits of saving together.

Today, over 84% of students at HSCDC are involved in the project. Based on review sessions, 70% of the participating parents have developed a positive mindset and culture of saving. Many of them have also expressed their gratitude for the project, which both motivates and helps them kickstart savings for their children, and enables them to tap the CDA funds for their children’s childcare and healthcare expenses.

“The Tabung Project is a small gesture toward a more inclusive society,” explains Gerard Ee, Executive Director of Beyond Social Services, “For low-income families who find it difficult to meet household expenses let alone save, their children will not have much in their Child Development Account (CDA) to meet their educational and healthcare expenses. This project is trying to help them meet practical expenses for their children’s well-being.”

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Events

Colabs launches Seniors series to tackle the question ‘How can our seniors live more happily in the community?’

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A gathering of individuals seated at tables within a room, engaged in conversation and activities.

In October 2018, 55 representatives from the government, corporate and non-profit sectors together with a group of senior citizens, gathered to deliberate the answers to one question: How can our seniors live more happily in the community? 

For everyone in the room, the inaugural session of Seniors Colabs marked the start of a new collaborative journey, with participants expected to meet regularly over a six-month period to share knowledge, build insights and find practical ways to help seniors age well. As the third and final run of a three-part Colabs series, Seniors Colabs brings people with a common desire to tackle issues around growing old in Singapore.

The Lien Foundation kicked off the session with an overview of the senior care landscape. Research showed that while Singaporeans were ageing from a position of strength in terms of health and financial outcomes, higher life expectancies and declining fertility rates will mean fewer caregivers for a fast-ageing population. Given this, families will have to increasingly depend on the community for support and care in the long run.

Moving away from the broader perspective, participants at the second session in November took a human-centered approach to understand the needs of the elderly. Insights were shared by the National Council of Social Services’ “Understanding the Quality of Life for Seniors” – a study that surveyed over 1,000 seniors living in Singapore on their perceived well-being.

Results showed that in line with global trends, seniors in Singapore have a significantly lower quality of life compared with the general population. The elderly in Singapore were most keen to see improvements in their physical and psychological well-being; as well as an increase in their level of independence.

During discussions that followed, Colabs participants acknowledged that seniors in Singapore are a diverse group. Thus, having the right mindsets and assumptions determined whether services would be relevant. Most participants took a practical stance and spoke about issues around social support, caregiving, healthcare, finance and mobility. “Empathy alone does not pay the bills,” summed up a Colabs participant from a non-profit organisation.

Invigorated by passionate conversations, the Seniors Colabs community closed the year by taking the opportunity to establish connections with like-minded people across sectors.

Colabs is a philanthropic initiative by the National Volunteer and Philanthropy Centre and the Community Foundation of Singapore. It drives collaboration by bringing together the public, private and social sectors to tackle complex social issues. It enables philanthropists, businesses, non-profits and sector experts to collectively build insights and co-create solutions for lasting change.

The next session of Seniors Colabs will take place in January 2019. If you’re interested in Colabs, visit here or write to colabs@cf.org.sg.

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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”。

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.

News

The Business Times: Collective action to meet community needs sustainably

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people sitting in groups to discuss

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.

Credit Suisse, alongside NVPC and Community Foundation of Singapore (CFS), hence formed a working group to provide education for disadvantaged children and CoLABS was launched on Feb 8, 2017.

…..CoLABS is a collaborative platform that enables companies to not only deepen their understanding about education needs but also bring about scalable impact and a platform for risk diversification and creation of innovation solutions. Read more.

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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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