More people are starting to think about philanthropy and giving back, instead of leaving it as a post-retirement consideration. Thio Shen Yi and Stefanie Yuen Thio, and Adrian and Susan Peh tell Singapore Tatler how they are making more strategic and effective giving through their private charity funds with the Community Foundation of Singapore.
Read more.Courtesy of Singapore Tatler, October 2018
Despite the heavy rain on the morning of 9 October 2018, hearty drumbeats and festive excitement filled the air at Level 5 of Block A, ITE College Central.It was the much-awaited launch of the Singapore Youth Impact Collective, a first-in-Singapore initiative that uses the collective impact model to empower disadvantaged youths to progress more smoothly from the classroom to fulfilling careers.
王晓亚
工艺教育中区学院的谭嘉燕参与学校的户外探险兴趣小组，成功克服恐惧完成绑紧跳，并学到野外求生技能，让她在职业规划上多了选择，考虑未来成为一名露营指导员。一次绑紧跳的经验，让19岁的谭嘉燕在成长过程中经历改变，也用所学到的新技能为未来职场做好准备
By Rahimah Rashith2 new programmes offer vocational training and workshops under 3-year ITE initiative
This is the first initiative in Singapore that uses the collective impact model, which enables funders and non-profits to own and address complex social issues in a coordinated manner.The Collective aims to increase the ability of disadvantaged youths to progress to working life through training and skills development.
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.
At CFS’s 10th anniversary event, it was the perfect moment to reflect on the sea of change in the philanthropy landscape over the past decade. But what lies ahead? Our three distinguished speakers – Grace Fu, Minister for Culture, Community and Youth, Catherine Loh, CEO of CFS, and Laurence Lien, Chairman of CFS – all struck home the point on philanthropy’s potential for growth in Singapore – through driving impact via new giving channels, collaboration and innovative approaches.Here are three inspiring thoughts from the evening’s speeches:
Annual report 2018In financial year 2018, CFS received a total of $9.7 million in donations. We disbursed $12.4 million worth of grants to 186 charitable organisations supporting various causes. This year’s annual report also showcases CFS’s latest donor advised funds, grantmaking highlights, collaborative giving initiatives and recent events.
After months of anticipation, CFS’s year-long 10th anniversary celebrations came to a high point on 5 September 2018 at a gala event held at The Arts House. Guest of honour, Minister for Culture, Community and Youth Grace Fu, and 120 guests including donors, charities and other partners, came together to commemorate this major milestone in CFS’s history.In her keynote speech, Minister Fu reflected on philanthropy’s important role in Singapore’s history and its continued relevance in building a culture of care. She thanked CFS for “its excellent work in raising funds and giving out grants, as well as in inspiring and enabling giving in Singapore” and that “as Singapore’s only community foundation, CFS plays an important role as a bridge builder between local communities and the larger charitable ecosystem.”
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