Events

Lunar New Year 2018 – Celebrating a decade of growing giving to impact

Events

Home Resources Events Lunar New Year 2018 – Celebrating a decade of growing giving to impact

Events

Lunar New Year 2018 – Celebrating a decade of growing giving to impact

John Doe

CFS’s 10th anniversary celebrations kicked off to a wonderful start with a Lunar New Year lunch on 1 March.

Themed “A decade of giving and gratitude”, the event was a testament to CFS’s journey from a quiet start-up a decade ago to a thriving organisation today.

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Attended by some 120 donors, charities and partners, the room was filled with a spirited sense of bonding. In his opening speech, Chairman Laurence Lien reflected on CFS’s beginnings during the 2009 Global Financial Crisis when few prospects wanted to talk about philanthropy. “Surviving the first five years was an achievement,” he expressed, citing the setting up of the Outing for the Elderly Fund and the S R Nathan Education Upliftment fund as early endorsements of CFS’s capabilities.

Striking a poignant note in his last year as CFS’s Chairman, Laurence also left several memorable parting thoughts – from inviting donors to be part-owners of CFS to encouraging all to embrace collaboration through their own donor communities.

There were endless conversations in a convival atmosphere as old ties were renewed and new connections were made between donors and charities. In the spirit of collaboration, Deputy CEO Joyce Teo provided an update on Colabs – an initiative between CFS and NVPC announced a year ago.. Her speech shone a light on Colabs’ objective of tackling social issues by bringing together diverse players and signalled forthcoming initiatives focused on disadvantaged children and youth, persons with disabilities and seniors.

Rounding off the lunch, CEO Catherine Loh thanked donors for their trust in CFS, which has resulted in many donors embracing new and innovative approaches to philanthropy. She signalled CFS will focus on Collaboration, Legacy and Impact to tackle issues arising from a rapidly ageing population, technological disruptions and income inequality. To this end, CFS will build on its strong foundation to help even more donors experience the benefits of committed and sustained giving.

We look forward to the exciting months ahead as we continue to mark this milestone year and drive community philanthropy forward.

Related Topics For You: ACCESSING QUALITY EDUCATION, CHARITY STORIES, CHILDREN, COLABS, COLLECTIVES, COMMUNITY IMPACT FUND, DONOR STORIES, EVENTS, INCLUSIVITY & INTEGRATION, OPINION, OUTING FOR SENIORS, PERSONS WITH DISABILITIES, SENIORS, STORIES OF IMPACT, YOUTH

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News

Around 7,000 school children in need of support for meals

John Doe

A four-week ‘circuit breaker’ is the latest challenge to hit Singapore, as a pre-emptive strategy to curb the spread of COVID-19. As students transition to over three weeks of learning at home, about 7,000 children will miss access to food they would normally get in school, compounding difficulties in continuing their education at home.

As mentioned in Parliament by Deputy Prime Minister and Minister for Finance, Mr Heng Swee Keat on 7 April 2020, CFS today bolstered efforts to generate support for the Sayang Sayang Fund (SSF). Donations to this fund will complement the work of local public health, non-profit and government entities with emergency support.

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CFS now seeks another $3 million for the SSF, to meet evolving and urgent needs of the community. This includes the launch of Recess@Home, a meal programme that will provide disadvantaged students with support for their meals and ensure that children do not go hungry.

Speaking on the SSF, Chief Executive Officer of the Community Foundation of Singapore, Ms Catherine Loh shared, “During these tough times, we hope that the Sayang Sayang Fund will be able to provide immediate and longer-term support not just for the frontline workers but also the vulnerable groups like low-income families and elderly. With programmes such as Recess@Home, we want to help the children whose families are already dealing with many other difficulties due to the COVID-19 crisis. The Community Foundation of Singapore and the Sayang Sayang Fund remain sensitive to the needs of the community and we urge everyone to rally together to overcome this challenging period.”

CFS raised $1.1 million earlier after the launch of SSF in February. However, the increasing severity of the COVID-19 situation and more adverse impact on the economy and society have seen a surge in the demand for charity services.

Donors wishing to donate can do so via PayNow or visit our SSF campaign at giving.sg. Should you require any assistance or if you would like to set up your personal giving campaign in support of the SSF, please visit https://www.cf.org.sg/ or contact us at contactus@cf.org.sg.

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John Doe

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”。

Related Topics For You: ACCESSING QUALITY EDUCATION, CHARITY STORIES, CHILDREN, COLABS, COLLECTIVES, COMMUNITY IMPACT FUND, DONOR STORIES, EVENTS, INCLUSIVITY & INTEGRATION, OPINION, OUTING FOR SENIORS, PERSONS WITH DISABILITIES, SENIORS, STORIES OF IMPACT, YOUTH

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News

Indonesia’s Karim Family Foundation raises S$200,000 to support badminton world champion Loh Kean Yew

John Doe

An Indonesian tycoon’s family foundation, the Karim Family Foundation, has raised S$200,000 to support badminton player Loh Kean Yew, the first Singaporean to win the Badminton World Federation World Championships.

The Karim Family Foundation – set up by the family of Indonesian tycoon Bachtiar Karim and his wife Dewi Sukwanto – wanted to congratulate Loh for his win at the championships in December 2021, according to Zaobao.

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Previously, a crowdfunding initiative Ray of Hope as well as donations from 5 business leaders in Singapore also raised over S$158,000 for the badminton player.

Bachtiar Karim is the executive chairman of Singapore-headquartered oil conglomerate Musim Mas. In 2021, the Karim family had a net worth of around US$3.5 billion, making it the 10th richest in Indonesia, according to Forbes.

Cindy Karim, principal at the Karim Family Foundation, said the family was “inspired” by Loh’s perseverance and humility “even after such an amazing feat”.

Noting that the foundation has had a focus on sports development, art and culture, mental health and education, she added: “We hope to inspire future Loh Kean Yews in Singapore.”

The donation is being made through a donor-advised fund with The Community Foundation of Singapore.

If you too, would like to support a cause of your choice, please click here.

This article was originally published in Business Times here. Source: Business Times © SPH Media Limited. Permission required for reproduction.

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Stories Of Impact

EDIS Cares Fund – Helping disadvantaged young children reach their full potential

John Doe

EDIS (Economic Development Innovations Singapore) is an international economic development company that provides strategic advice to other countries by leveraging on its experience in Singapore. Innate to its business is the need for a long-term, strategic view, flexibility and a nimble attitude, which it also applies to its Corporate Social Responsibility (CSR) efforts.

Its CSR initiative EDIS Cares creates opportunities for disadvantaged children in Singapore by helping them to reach their full potential. From the onset, EDIS Cares adopted a non-traditional CSR model – looking to understand the basic needs of beneficiaries, co-run programmes with community partners and recruit volunteers from outside the company.

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For fundraising, it tapped on the book launch of ‘Neither Civil Nor Servant’ – an authorised biography of EDIS chairman Philip Yeo – which raised over $500,000 from book sales and private donations for the EDIS Cares Fund. Managed by the Community Foundation of Singapore, the EDIS Cares Fund is expected to grow and support programme expansion over the next three years.

Some of the programmes that EDIS Cares supports include the Early Learning Programme – a literacy and numeracy intervention programme for 6 to 7 year-olds as well as iShine – a thematic exploratory learning programme that provides children with aspirational experiences.

“CFS worked closely with us to set up our EDIS Cares Fund. They took time to understand our innovative CSR model and helped us realise our goal of creating more opportunities for disadvantaged children. Through CFS, we have been able to focus on growing the impact of our programmes.” said Abel Ang, CEO of Economic Development Innovations Singapore.

So far, EDIS Cares has impacted over 300 children and hopes to double the number of children, volunteers and partners it reaches over the next three years.

Photos: Singapore Press Holdings, EDIS Cares

Related Topics For You: ACCESSING QUALITY EDUCATION, CHARITY STORIES, CHILDREN, COLABS, COLLECTIVES, COMMUNITY IMPACT FUND, DONOR STORIES, EVENTS, INCLUSIVITY & INTEGRATION, OPINION, OUTING FOR SENIORS, PERSONS WITH DISABILITIES, SENIORS, STORIES OF IMPACT, YOUTH

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Opinion

Leaving a Legacy for Future Generations

John Doe

Legacy giving is a powerful way to inspire and enable future generations to create a better Singapore. By including a donation to charity in your financial and estate plans, you can ensure that the causes and communities you cherish continue to thrive. A recent survey showed that more than 60% of respondents would leave a legacy gift to help others in the community, but only 20% of respondents knew how to make a legacy gift. We hope this article helps demystify legacy giving.

What can you give?

As part of planning a legacy gift, you could choose to give:

Cash via a will
Non-cash assets such as marketable securities (publicly traded shares, bonds and unit trusts) via a will
Portion of CPF monies via CPF nomination
Portion of the insurance payout via insurance policy nomination

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A group of musicians passionately performing on stage, captivating the audience with their melodious tunes.

Celebrating the journey home through music

Who can you give to?

Whether you have a diverse range of charitable interests or a particular cause in mind, you can leave your legacy gift to The Community Foundation of Singapore (CFS). CFS’s grantmaking expertise and exemplary governance standards ensure that your legacy gift will be in safe hands, enabling you to make a difference just as you have planned. Alternatively, you could also leave your legacy to a specific charity of your choice.

How do you plan an estate gift to CFS?

To leave a legacy gift from your estate to CFS, you could specify the gift in your will, or nominate CFS as a beneficiary of your CPF monies or insurance policy. Dr Ang Beng Ti and Dr Audrey Looi plan to leave their legacy gift to CFS in their wills, in order to set up an endowment fund that will support the charity iC2 PrepHouse well beyond their lifetimes. You can read their inspiring story on our website or watch their story on YouTube.

What is a memorial fund?

A memorial fund is a fund that is named after a loved one to commemorate them and continue supporting causes close to their heart. Dr Lim Boon Tiong’s daughters understood how passionate their father was about urological cancer research, palliative care and eldercare, so they established a donor-advised fund in his name with CFS using a bequest from his will. Read about how CFS helped the sisters to carry on their father’s legacy.

Is it possible to start making an impact now and still leave a legacy gift later?

Yes. CFS makes it easy for you to give both now and later. You can establish a donor-advised fund to start your philanthropic journey now. Once your fund is started, it is simple to make supplementary gifts over time directly or through a will or nomination. David Lim is an example of a passionate philanthropist who plans to do just that.

Legacy giving is a way for everyone to leave a Greater Gift that will benefit generations to come. Learn more about legacy giving and read more stories about people who have chosen to make a Greater Gift at https://legacygiving.sg/