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

Stories Of Impact

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

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’.

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.”

IFPAS Love Fund was established in 2017 with the goal to enhance the organisation’s philanthropic efforts and create a sustainable platform for giving back to the community. To date, the fund has surpassed its initial target, disbursing a total of $225,000 towards programmes supporting children with special needs, disadvantaged communities, and healthcare initiatives.

Charities supported by the fund included SHINE Children and Youth Services, Dyslexia Association of Singapore, Special Needs Trust Company, the National Kidney Foundation, SPD, Down Syndrome Association (Singapore) as well as Daughters of Tomorrow.

We are very grateful for the support of IFPAS over the past seven years. Through their generosity, many individuals have received subsidised dialysis treatment, children from lower-income families have benefited from literacy programmes, and people with disabilities have received work integration support. IFPAS has truly made a significant impact on the lives of those in need.

We extend our heartfelt congratulations to IFPAS on 55 years of remarkable service. We look forward to continuing our partnership and working together to create a more caring and resilient society.

CFS offers personalised advice to help private and corporate donors achieve their philanthropic goals. Discover how you can begin your journey with us here: https://cf.org.sg/donors/how-we-assist-donors/.

Opinion

Teach a man to fish — and pay for the rod too

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John Doe
Black silhouette of a woman fishing

We have all heard the popular proverb, “give a man a fish and you feed him for a day; teach a man to fish and you feed him for a lifetime”. Everyone agrees, but few pay for the fishing rod.

Successful businesses invest in skills, people and infrastructure. In the same vein, donors need to fund these areas for charities to deliver social impact.

The challenge for charities
Donors often prefer funding programmes that support individual recipients directly over charitable overhead* expenses. This leads to negotiations for lower overhead costs or unwillingness to support programmes with high overhead costs. Many charities cave in to such expectations for fear of losing a potential funder.

Understandably, all donors want to achieve maximum impact for their gift, but reducing overheads is only good up to a point where the sustainability of the charity is not affected. All organisations incur manpower, training, rental and administrative costs at the very least. If charities are pressured to keep overhead costs unsustainably low, they will operate at sub-par levels and enter a vicious cycle of starvation.

At the Community Foundation of Singapore, we have learnt that when charities receive limited funding to cover overhead, service delivery is affected because charities have to divert resources to fundraise for the shortfall.

Honest conversations
There is growing recognition that efficiency is not determined by low overhead costs alone. Depending on the type of services or programmes, overhead can vary greatly across charities. For instance, a charity that distributes food rations via volunteers will have far lower overhead than a nursing home that hires skilled staff round-the-clock to provide care.

CFS works with its charity partners to present the true programme costs needed for social impact. With that in mind, we also work with donors to map out sustainable and impactful ways of giving.

We need to continue to have such conversations about true costs; the funding of overhead is just the tip of the iceberg in our search for sustainable social solutions.

Joyce Teo
Deputy CEO
Community Foundation of Singapore

*Overhead typically includes manpower, training, rental and administrative expenses.

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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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Events

Inspiring thoughts from our anniversary speeches

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John Doe
A lady giving a speech at a podium

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:

Working together to build a caring Singapore.
The work at CFS contributes to SG Cares, because an impactful philanthropy landscape is a hallmark of a caring society, where those with resources give back effectively to help those in need. Collaboration is the way to go, and donors today are taking more initiative, and seeking more meaningful engagement opportunities. CFS is well positioned to seize these opportunities and provide the platforms.”
Grace Fu, Minister for Culture, Community and Youth
Read more

Philanthropy will need to continue to evolve.
“While Singapore has progressed rapidly, the social challenges we face, from an ageing population to social inequality, have become more complex and interconnected. While the government tackles social issues on a large scale, there are always gaps that are in need of more support. It’s crucial for philanthropy to evolve to tackle these diverse issues within our community innovatively.”
Catherine Loh, CEO, CFS
Read more

There’s room to dream bigger and beyond.
“I hope that in 2028, we will see mini community foundations in our neighbourhoods, in places like Toa Payoh, Queenstown and Punggol. (I hope) that we have democratised giving. Giving is not only for the rich; everyone should and can give. I hope to see young adults start donor advised funds with us, at smaller amounts of commitment, and our collective funds grow with widespread contributions. I hope to see CFS raise $1 billion in donor funds, maybe not in 10 years’ time, but at some point in the future.”
Laurence Lien, Chairman, CFS
Read more

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.Lorem ipsum dolor sit amet consectetur adipiscing elit dolor

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.

News

Fresh off the press

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John Doe
Picture of the side of a HDB

Annual report 2018
In 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.
Download your copy here.

A Call for Collaborative Giving
This first Colabs publication – a collaboration between CFS and NVPC – sheds light on the challenges disadvantaged young persons face at home, and the impact of the family environment on educational attainment and social mobility. The guide offers suggestions on collaborative action to help givers close the gap for these individuals.
Download your copy here.

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

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.Lorem ipsum dolor sit amet consectetur adipiscing elit dolor

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.

Stories Of Impact

Celebrating women who give in different ways

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John Doe
A woman and two girls, wearing joyful expressions, pose happily in front of the camera.

It is seldom that we honour the accomplishments of women who give their all without asking anything in return, whose humanitarianism managed to achieve great success against all odds.

International Women’s Day is one such day of reflection and remembrance of the efforts of women all around the world, both past and present. It looks back on the struggles of women from the past like Rosa Parks, the ‘first lady of civil rights’, who strove for an equal and fairer society to empower the women of the future.

Yet, it is not only about women who are notable and have achieved great fame. It is also about the unsung, ordinary women in our society who give back in their own humble ways. The Community Foundation of Singapore (CFS) works alongside many of these women who contribute in their own capacities and in different societal roles.

A CEO who cares

CEO of Home Nursing Foundation Dr Christina Tiong finds a great love for philanthropy through leading Home Nursing Foundation, the largest and most established home healthcare service provider in Singapore, which CFS donors have supported since 2011.

She first started her journey in philanthropy during a clinical attachment as a medical student. It left an indelible impression on her when she saw home care nurses faithfully visiting and patiently caring for severely debilitated, bedbound patients living in dismal home environments, while also providing practical help, comfort and relief to their family members.

Helping out in medical missions at a rural clinic and drug rehabilitation centre in northern Thailand, as well as urban mobile clinics in Philippines strengthened her resolve to give back in whatever way she could.

During these missions, Dr Tiong was impressed by how determination and ingenuity could stretch limited resources to accomplish much more than back home in Singapore. For instance, the efficient use of donated drugs and the setting up of a makeshift diagnostic lab with x-rays in a rural mountainside with little infrastructural support.

After graduating and practising in various specialties, Dr Tiong was thankful to be awarded a scholarship from the Ministry of Health Holdings to study Public Health in Harvard. This gave her additional skillsets to lead and run healthcare organisations.

“This opened up many exciting opportunities for me to apply my clinical and administrative experience and build the community care sector, which was relatively neglected but now rapidly growing to meet the health needs of the ageing population sustainably,” Dr Tiong explains.

Her hope is to build a purpose-led and joyful work culture at Home Nursing Foundation. She would like for each person in the Foundation to be encouraged to give of their best, to empower patients and their families through home care services to live with dignity and joy at home.

A social worker with a heart of gold

Sim Chunhui found her calling to give back in her own ways as social worker in 2012, when she joined Habitat for Humanity Singapore. The housing charity, which helps families and homeowners with limited means to increase their access to improved living conditions, has received much support from CFS donors.

Prior to becoming a social worker, Chunhui had 10 years of working experience in the meetings and conventions sector. It was in her late 20s when she started exploring her faith seriously, and having just completed a part time degree, was at the crossroads of her career. After much praying and soul-searching, Chunhui decided that having been blessed in many aspects of her life, it was her turn to pay the blessings forward to others.

Now, Chunhui finds great fulfilment in transforming the living conditions of elderly and vulnerable homeowners through Project HomeWorks, a programme that she has been working on for the past seven years. Through the programme, Chunhui organises pest-elimination, painting and cleaning sessions with professionals and volunteers for vulnerable individuals and families who depend on government financial assistance.

“I also have a really soft spot for the elderly, and it’s been so enjoyable working with the homeowners on Project HomeWorks as most of them are seniors!” Chunhui says.

Giving a voice to autism

A firm believer in working towards solving social issues in Singapore, Rosa Quitadamo strives to give back in her own way to society as a volunteer. Although she identifies as an Italian citizen, Rosa considers herself a citizen of the world, having lived in China, Hong Kong and eventually moving to Singapore 17 years ago. People with disabilities is an issue particularly close to Rosa’s heart.

An avid people watcher, Rosa would often stroll to the bus stop near her home, which is adjacent to Saint Andrews Autism Centre (SAAC). Saint Andrews Autism Centre supports persons with autism and their families through education, training and care. CFS’s support for them includes a recently introduced Edible Community Garden, funded by Relaxed Fund’s founder George Jacobs and administered by CFS.

It was at that bus stop that Rosa saw clients from the centre walking with their coaches and decided that she would make a difference to them. Rosa suggested to SAAC that the clients who worked on the Edible Community Garden sell the produce that they grew to the residents of Villa Marina.

This project would eventually seed the breakthrough for the students of SAAC to go beyond overcoming their fear of dirt and working in a garden, to being instilled with pride and responsibility for the beneficial work that they did.

“You see few people with disabilities around in Singapore, and as a result locals are not very accepting of their tics,” Rosa observes. By making it her mission to help the students of SAAC sell their own produce, it raised the awareness of autism in the community in a very personal way.

An energetic person who gets things done, Rosa has no qualms about rolling up her sleeves and getting involved in volunteering work. She encourages everyone to try their hand at volunteering, as it is meaningful work which makes a visible impact. “Get involved in work that’s close to your heart and do something you think that’s best suited for you. There’s always a role for everyone,” Rosa recommends.

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.Lorem ipsum dolor sit amet consectetur adipiscing elit dolor

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.

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