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

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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Make Your Donations More Impactful

Donating to a worthy cause seems easy. Many people simply give to a charity that asks, give where they gave before or talk with friends. By being more strategic with your money, though, you can make sure your donation has more impact, regardless of whether it is small or large.Strategic Giving

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约230名年长者参加益智桌游赛 用颜色与数字一较高下

A Rummikub competition was held on 20th September at Heartbeat@Bedok, bringing together participants from 20 Active Ageing Centres. Rummikub, also known as “Israeli Mahjong,” is a cognitive tabletop game. 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. 

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Trina Liang-Lin takes over as Netball Singapore chief, pledges to bring in more financial support

CFS’s Board Director, Trina Liang-Lin, is the new President of Netball Singapore. She highlights the need to address the underrepresentation of sports in philanthropic efforts and aims to change this trend by amplifying the core values of sports. Contact us to learn more on how you can support Singapore’s sports communities.Sporting bodies are usually not beneficiaries of philanthropic groups, but Netball Singapore’s new president Trina Liang-Lin hopes that will change by “amplifying” sport’s values.

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新保集团推出300万元基金 助医疗行政人员职业发展

新保集团和ACE团队基金会启动一项300万元的基金,促进 新保集团医疗行政人员的职业发 展,除了培养专业技能,也让他 们有机会到海外进行交流和学术研讨。这项医疗行政人员发展基金(Healthcare Administrators Fund)是首次针对新保集团医疗行政人员而设的基金,由新保集团和ACE团队基金会(ACE Team Foundation)分别贡献150万元。

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Tertiary-educated adults with autism receive training for jobs in engineering sector

Tertiary-educated adults with autism are being trained and placed in jobs in the engineering sector under a new programme by research and technology non-profit organisation Trampolene.The Gates (Growing Autistic Talent for Engineering Sector) programme was started in May 2022, after research showed that people with autism have one of the lowest employment rates among people with disabilities.

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Budget 2023: Govt to extend 250% tax deduction for donations until 2026

Singapore will extend its tax deduction rate for donations for another three years until the end of 2026, as part of efforts to foster and sustain a spirit of giving.Deputy Prime Minister and Finance Minister Lawrence Wong said on Tuesday that this will be done although the tax deduction for donations at 250 per cent is
already very high compared with other jurisdictions.

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Our CEO Catherine Loh is an honouree of Tatler Asia’s Most Influential 2022

Our CEO Catherine Loh is named as one of Asia’s Most Influential 2022 by Tatler Asia – joining the ranks of innovators, industry leaders and trailblazers who are recognised for driving positive change in the region and beyond. Honourees of Tatler Asia’s flagship list have contributed to advancements in public service and governance, technology, education, finance, the arts, and other vital sectors.Under Catherine’s leadership, CFS galvanises over $250 million from generous donors, manages more than 190 funds and supports 400 non-profit organisations across various causes. Guided by her vision that donors can make meaningful social investments through philanthropy, CFS has been embracing innovative models of giving that are not only impactful, but sustainable as well.

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“最后一桶金”规划新现象 别让财富添乱使尽不留遗产

这些年来越来越多人把部分遗产捐给慈善,甚至出现鼓吹“现在就花掉孩子遗产”的SKIN(Spend Your Kids’ Inheritance Now的缩略语)“使尽”现象。世界首富之一比尔·盖茨多次承诺,把1130亿美元(约1595亿新元)财产几乎全捐给慈善,三个孩子各获1000万美元;他坚信留大笔钱给孩子绝对不是好事。

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