Kinheng

Giving back to society without fuss, the Singaporean way

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When people in Singapore hear the word “philanthropy”, I suspect the first picture that crosses their mind is a well-dressed person holding up a large mock cheque at a grand ceremony. Accompanying that mental picture is the thought that philanthropy is too lofty, and unattainable for them. This is understandable, given how the media tends to spotlight the big – and newsworthy – gifts to charities, and how beneficiaries want to recognise such generosity.But the reality, certainly in the time that I have been involved at the Community Foundation of Singapore (CFS), focused on growing philanthropy, is far removed from this. The donors that the team and I have met over the years have been diverse. In many ways, this is a microcosm of Singaporean society.

Secure And Impactful Philanthropy: CFS Clinches Cyber Essentials Mark

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We are proud to announce that CFS has been awarded the Cyber Essentials Mark, a cybersecurity certification by the Cyber Security Agency of Singapore. This recognition highlights our commitment to operational excellence and data security, essential for protecting donor information and other sensitive data.The Cyber Essentials Mark acknowledges organisations with robust cyber hygiene practices, safeguarding systems against cyber-attacks. Other notable recipients of the Cyber Essentials Mark are SISTIC Singapore, M1 and Capella Hotel.

IFPAS Renews Partnership with CFS, Commits $200,000 to IFPAS Love Fund

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In celebration of their 55th Anniversary, the Insurance and Financial Practitioners Association of Singapore (IFPAS) extended their commitment to the Community Foundation of Singapore (CFS) by pledging an additional $200,000 over the next five years to their donor-advised fund (DAF), named the ‘IFPAS Love Fund’.At the handshake ceremony between CFS and IFPAS, IFPAS President, Mr Ng Eng Beow, expressed his gratitude and vision for the partnership. He said, “Insurance is rooted in love. Love motivates us to protect ourselves and our loved ones. The IFPAS Love Fund was established seven years ago to channel our love to the wider community, and CFS has been our trusted partner in reaching out to those who need our help and support. We appreciate this collaboration, and we are excited for the future possibilities.”

A Night with the Arts at “Don’t Call Him Mr. Mari Kita

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In celebration of Singapore’s 59th National Day, the Community Foundation of Singapore (CFS) had the immense pleasure of hosting our donors and partners at the opening night of Wild Rice’s “Don’t Call Him Mr. Mari Kita.” The memorable evening was a collaborative initiative by CFS and The Majurity Trust (TMT), underscoring our shared mission to foster thriving communities in Singapore. Our organisations are no strangers to each other, having come together on the Sayang Sayang Fund during the Covid-19 period to provide support to those affected by the pandemic.The Power of the Arts and Philanthropy in Fostering Community Spirit

A Donor’s Journey: Learn how we are partnering The Maanas Cares Foundation to Leave a Legacy of Positive Change

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Philanthropy is more than just a gesture of goodwill; it’s a journey towards making a lasting impact on society. For the founders of the Maanas Cares Foundation, Manoj, Sreevidhya and their children, Aditya and Nitya, this journey began with a vision of creating a legacy of compassion and support for those in need. Partnering with the Community Foundation of Singapore (CFS), they have transformed their philanthropic aspirations into tangible action, supporting a range of causes that are close to their hearts.For over two decades, the founders of the Maanas Cares Foundation have given to charitable causes. A few years ago, they decided to deepen their impact, to make a more significant and enduring contribution that would extend beyond their lifetimes. As working professionals at the peak of their careers, they found it challenging to dedicate the necessary time to support these activities. This led them to seek out an organisation with a proven track record to handle the administrative aspects of their philanthropic efforts. That’s when they discovered CFS.

Empowering Seniors to Age Well

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By 2030, one in four Singaporeans will be 65 or older (Population in Brief, 2022), making Singapore a “super-aged” society. This significant demographic shift means that more people will be required to serve as caregivers, and demand  for community services and healthcare support will rise.  As our population ages, more emphasis is being placed on allowing seniors to age comfortably in their own homes and communities.At the Community Foundation of Singapore (CFS), we believe seniors should be able to age with dignity, while pursuing meaningful activities, and having access to personalised care.

Set up during the covid-19 pandemic, Sayang Sayang Fund raised $9.7m over three years, supporting over 400,000 lives

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Established in 2020 as an emergency response fund during the covid-19 pandemic, the Sayang Sayang Fund (SSF) raised $9,700,000 in three years, supporting over 276 organisations and touching over 401,000 lives.According to the Sayang Sayang Fund report published on CFS’s website, the fund disbursed $6,542,000 (67% of donations) in 2020, $2,060,000 (21% of donations) in between 2021-2022, and $1,11,900 (12% of donations) in 2023.

Donations to CFS increased by 60% over the past two years

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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.

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