Stories Of Impact
The Tabung Project – Saving together for a better future
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Stories Of Impact

Stories Of Impact

The Tabung Project – Saving together for a better future

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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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Beyond One-Time Giving: Creating Lasting Impact

A poster for the Giving Week event, showcasing the spirit of generosity and community involvement.

SG Cares Giving Week (1-7 December) celebrates the spirit of giving. This is the time to share your time, talent, treasure and voice to support causes that you are passionate about, in all ways, big and small.

If you are considering making more lasting contributions that go beyond a single donation, CFS can help you transform your giving. Here are some ways in which you can make giving a sustained way of life:

  1. Get involved in philanthropy by setting up a donor-advised fund
    The philanthropic ecosystem can be a complex terrain to navigate. If you’re considering embarking on a philanthropy journey, setting up a donor-advised fund (DAF) with CFS is an excellent starting point. You could also invite several friends or family members to start a DAF together!Our philanthropy advisors will help you understand the needs of vulnerable groups and how you can make an impact in Singapore. You decide which causes to support and how much funding to provide. We handle the administrative details of grant-making, allowing you to concentrate on making the difference that truly matters to you.

    To learn more about setting up a DAF, visit How to Get Started

  2. Use your time and talent to make a difference
    If you are looking to make an impact with your skills and spare time, volunteering with a non-profit organisation is a great way to do this. At CFS, we are passionate about raising awareness about various causes through a variety of channels. Whether you’re a proficient writer, skilled photographer, or possess other creative abilities, your involvement can help us craft compelling content and engaging multimedia that drives our mission forward.

    You can find out more details here:   Content Writer , Photographer/Videographer

  3. Leave a legacy for future generations
    Each of us holds the power to create a lasting legacy by designating a portion of our financial assets in our will or trust. By choosing to leave a legacy gift with CFS, you pave the way for future generations to carry forward your values and aspirations for the community beyond your lifetime. It is a way to ensure that your impact on causes you care about resonates long into the future.

    You can also establish a donor-advised fund in the name of a loved one. A memorial fund is a wonderful way to honour their legacy and continue their work.

    It is never too early to plan your legacy gift. To learn more about legacy giving, visit https://www.legacygiving.sg/

    SG Cares Giving Week is a key initiative of the national SG Cares movement held annually from 1 to 7 December, that celebrates the spirit of giving and seeks to make giving part of our way of life. It is organised by the National Volunteer & Philanthropy Centre (NVPC) in collaboration with SG Cares Office and National Council of Social Service (NCSS). Support the movement at givingweek.sg.
Stories Of Impact

#MyGivingJourney x Trina Liang-Lin: Investing in a sustainable future 

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#MyGivingJourney is a series by CFS to celebrate inspiring women and their work in the philanthropy sector. We are proud to feature Trina Liang-Lin, Managing Director at Templebridge Investments and Board of Director at CFS. 

Trina had a back to nature, farm to table experience growing up. Right up to the late 80s, her father’s family-owned farms in Lim Chu Kang, raising chickens, ducks and cultivating vegetables. That gave her a front row seat to the benefits of producing our own food and using natural resources thoughtfully.  

Today, Trina is investing her time and resources to push eco-consciousness to the top of our agenda. In November 2021, she led the launch of Women in Sustainability and Environment (WISE), the first women’s society in Singapore to focus concerted gender action towards Singapore’s Green Plan 2030 and the United Nations’ Sustainable Development Goal 12. 

WISE hopes to educate and empower a community of women who, in their roles as consumers, business owners and professionals, can move the needle on creating a greener world. This will be done through lectures, mentorships and awards. “Climate change disproportionately affects women and girls around the world so it is important for women to be represented in eco leadership circles and in green economy jobs. We need greater participation, inclusiveness and visibility of key female stakeholders in sustainability and climate advocacy,” says Trina, who works for a US$5 billion global fund where she focuses on clean energy investments in Southeast Asia. 

Trina has been elbow-deep in social and community work for much of her professional life. The causes she champions are decidedly diverse: she has given her time and expertise to uplift women, the arts, education and animal welfare. She helped found the Financial Women’s Association Singapore, which offers women in finance a support network, and was a past-President of UN Women (Singapore). She is currently Singapore’s representative to the G20 for Women.  

Her giving journey has seen her serve on the boards of the National Volunteer and Philanthropy CentreSingapore Council of Women’s Organisations and Sentosa Development Corporation. In line with her passion for conserving wild species and their habitat, she currently volunteers on the boards of the World Wildlife Fund for Nature (WWF-Singapore) and the Society for the Prevention of Cruelty to Animals. That’s not all: Trina is also a board member of Victoria Junior College and the Singapore Repertory Theatre.  

For their 20th wedding anniversary in 2016, Trina and her husband Edmund Lin established a foundation to give back in a more strategic and effective way. They explored different avenues but opted to go with CFS as it works closely with over 400 charities across a wide spectrum and can establish philanthropic funds seamlessly and quickly. Their Lin Foundation has supported causes that resonate with them, such as education, where they fund scholarships at Singapore Management University.   

“We decided to start giving back relatively early as we want to start making an impact now rather than later,” says Trina. “This is a long-term commitment for us and with CFS expertly guiding us in managing a foundation and making grants, our giving is optimised and can be scaled up further.” 

Begin your own journey of giving with CFS. Read more stories about the #MyGivingJourney series here. 

This article was written by Sunita Sue Leng, a former financial analyst and journalist, who believes that the written word can be a force for good. She hopes to someday write something worth plagiarising. 

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News

Singapore Tatler: Community Foundation of Singapore Celebrates 10th Anniversary

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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.

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

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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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Opinion

Accessing Quality Education: A Boost for the Last Leg

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As a follow-up to our last story, we now take a look at children as the next generation, and how we can empower them through philanthropy to be further educated.

Education is the great equaliser, as the old adage goes. Coined by American public education pioneer Horace Mann in 1848, education was seen as the tool for the disadvantaged to basically find better jobs and lift themselves out of poverty. For the last almost 200 years, that has remained largely true.

However, when an individual’s educational journey begins, factors such as the quality of education received and extracurricular resources have resulted in education itself being a source of inequality in society.

Which brings us to the maxim that “one has to spend money to make money”. In Singapore, preschool education, extra tuition, coaching lessons and post-secondary education all cost money (Dollars and Sense, 2022 and MoneySmart, 2022). Not every family will be able to afford that for their children.

The Community Foundation of Singapore (CFS) supports programmes which boost the pre-, primary and secondary school education of children and youth from challenging backgrounds. It is important, however, that these minds continue to be nurtured as far as possible; not just for the sake of the youth and their families, but also for the sake of society, in which these youths will hopefully become contributing members.

For the families, the primary reason is that the higher an educational qualification one has, the stronger one’s earning power (Ministry of Manpower, 2021), enabling them to break out of the poverty cycle.

At a societal level, Singapore needs to maintain its highly skilled and educated workforce, which is what helps to keep our economy so competitive on the global landscape (EDB, 2022). To do this, it is imperative, as maintained by Education Minister Chan Chun Sing, that the relevant skills are imparted, including through tertiary and continued education (The Straits Times, 2022).

It is heartening to know that many donors with CFS have chosen and continue to support the tertiary education of youths: from financial assistance for living expenses for Institute of Technical Education (ITE) students and study grants at polytechnics to awards and scholarships at universities, and more.

The late President Mr Nathan himself was a staunch supporter of helping tertiary students in need. The S R Nathan Education Upliftment Fund (SRNEUF) was set up 11 years ago and has supported over 1,600 students since, including students from ITE, various polytechnics, the National University of Singapore and Singapore University of Social Sciences (SUSS).

“The SRNEUF believes in supporting youth from under-privileged backgrounds, giving them the chance to continue with their higher education so as to better realise their potential,” says Mr Bobby Chin, Grant Advisory Committee Chairman of the SRNEUF. “We are happy to have supported hundreds of youths over the years to further their education.”

One such SRNEUF beneficiary is SUSS student Iqbal, who aspires to be a social worker focusing on helping youth-at-risk or supporting the medical field. He shares that the study grant benefited him tremendously, helping his family with household expenses and allowing him to be more independent.

His cohort mate Pearlyn, also a SRNEUF beneficiary, reveals her dream to extend her help to society, after being inspired by the help from others that her family received during a crisis in 2020. On top of studying, she is tutoring primary school children to relieve the burden on her parents. She too expresses huge gratitude for the financial assistance from the SRNEUF.

Another CFS donor, who prefers anonymity, has been supporting ITE students with financial assistance for tuition fees, essential living expenses and even provided laptops. They also continued their support for ITE students who have gotten into polytechnics.

Jonathan Siong, one of their beneficiaries, shared: “When the pandemic hit, times were hard for many foreign students like myself, and my family was struggling. However, the donors helped me when I needed it the most. Without them, my education path would have stopped right at ITE.” He says that words cannot describe how thankful he is for their support and he hopes to become successful and in turn give back to the community.

Expressing her personal thanks to her benefactors, ITE alumna Chow Ying Shu, appreciates their contribution to her education as it helps to reduce her financial burdens, which in turn allows her to focus on her studies. She is currently pursuing her diploma in Hotel Management with their support. “This makes my goals that much more reachable,” she says, adding that their generosity will motivate her and serve as a reminder to always give back to society whenever she can in the future.

CFS appreciates all donors who are supporting youth from disadvantaged backgrounds in achieving their dreams and maximising their potential. Thanks to them, the future of the students as well as the Singaporean community looks a lot brighter.

To find out how you can support tertiary students from challenging backgrounds rise above adversity, please visit https://www.cf.org.sg/giving/ways-to-give/.

This article was written CFS Principal Consultant Reutens-Tan. He is an experienced sustainability advocate and practitioner, working closely with charities to build thriving communities, which he believes is key to a sustainable Singapore.

Disclaimer: The opinions expressed in this publication are those of the author. They do not purport to reflect the opinions or views of CFS or its members.

References

Dollars and Sense. (12 January 2022). How Much Do You Need To Afford A Full-Time Polytechnic Course In Singapore? https://dollarsandsense.sg/cost-guide-how-much-do-you-need-to-afford-a-full-time-polytechnic-course-in-singapore/  

Ministry of Manpower. (June 2021). Median Gross Monthly Income from Work (Including Employer CPF) of Full-Time Employed Residents Aged Fifteen Years and Over by Highest Qualification Attained, Age and Sex. https://stats.mom.gov.sg/iMAS_Tables1/LabourForce/LabourForce_2021/mrsd_2021LabourForce_T25.xlsx 

MoneySmart. (15 June 2022). NUS, NTU, SMU & Other Singapore University Degrees – How Much Do They Cost in 2022? https://blog.moneysmart.sg/education/singapore-university-education-cost/ 

Singapore Economic Development Board. (1 July 2022). World-class talent. https://www.edb.gov.sg/en/why-singapore/world-class-talent.html 

The Straits Times. (27 April 2022). Skills training must improve on 4 fronts for S’pore workforce to stay competitive: Chan Chun Sing. https://str.sg/w86n

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