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护联中心新设135万元基金 打造更“好玩”乐龄护理
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护联中心新设135万元基金 打造更“好玩”乐龄护理

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如何鼓励年长者更积极地投入社交,活出精彩的老年生活?护联中心推出新的135万元基金“FUN! Fund”,鼓励业者把“好玩”融入乐龄护理计划。

配合11月1日的社区护理日,护联中心星期五(11月4日)举办社区护理领导系列,并在活动宣布推出新基金。

“FUN! Fund”由护联中心和新加坡社区基金会联合成立,致力于改善乐龄人士所面对的社交孤立现象,进而提升他们的身心健康。

社区护理业者可呈交计划书,提出创新的活动点子来带动乐龄人士的情绪,鼓励他们积极尝试新事物。例如,太和观庙弯活跃乐龄站推出“虚拟游乐场”,通过高科技系统和怀旧元素的“新旧”结合,带给乐龄人士别具特色的玩乐体验。

每项计划可获得高达五万元的资助款项。

除了成立基金,护联中心和新加坡社区基金会接下来三年也将在社区护理的四大方面展开合作,分别为:活跃乐龄、环境和社区空间、人力和业务连续性。

阅读更多:Fun! Fund

信用:联合早报©新报业媒体有限公司。复制需要许可

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News

CFS is 3rd largest philanthropic foundation in Singapore

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They were immigrants who became titans of industry and philanthropists in their own right. Now the legacies endowed by and named for some of Singapore’s richest tycoons – the Lee, Lien and Shaw foundations – continue to be some of the biggest givers to charity here.

All three were among Singapore’s 10 largest philanthropic foundations, according to a report released last month.

The report found that the 10 spent a total of $189 million in their latest financial year to support a range of causes, from community service to education, to disaster relief.

The study by Soristic Impact Collective, a consultancy firm, said the Lee Foundation, founded by the late rubber tycoon Lee Kong Chian in 1952, topped the list.

In its latest financial year, it spent $52.8 million, of which $52 million was given out in grants and donations.

The Lee Foundation is said to give to a wide variety of causes, including education, healthcare and social services.

Temasek Foundation Innovates, one of six Temasek foundations, was second on the list. In its latest financial year, it had an annual expenditure of $29.2 million, of which $28.6 million was given out in grants and donations, according to the report.

Taking third place was the Community Foundation of Singapore, which spent $23.3 million in its latest financial year. Of the sum, $20.2 million was given out in grants and donations.

Donors pledge at least $200,000 to set up a fund with the foundation, which then manages the money, advises donors on various needs in the community and disburses the funds according to the donors’ wishes.

Ms Pauline Tan, principal consultant of Soristic Impact Collective, said the study is the first to rank philanthropic foundations in Singapore by expenditure.

Ms Tan said that countries like the United States and Britain have reports that rank their top philanthropic foundations, but there was no such research in Singapore.

She said: “Thus, we took on the challenge to work on gathering data to bring more transparency into this sector.

“The research will also be useful for charities in Singapore who can potentially use it to know which philanthropic foundations they can approach for funding.”

The consultancy scoured the annual reports and other public documents of foundations registered as charities with the Commissioner of Charities.

It found 91 philanthropic foundations whose work was funded by the founders’ personal wealth or by donations made by the company that set up the foundation.

Among the 91 foundations, 55 were set up by individuals or families and 20 were started by companies. The rest include other set-ups like The Hokkien Foundation and the Community Foundation of Singapore.

About a third of the 91 foundations spent at least $1 million in their latest financial year – this could be from 2018 to last year, depending on the foundation. The rest of the foundations spent less than $1 million.

Ms Tan said the foundations’ expenditure included grants and donations as well as manpower costs and other expenses to carry out the philanthropic work.

The report stated: “Philanthropic giving through foundations is set to grow as more wealthy individuals and companies set up foundations.

“Hence, the influence and role of philanthropic foundations in addressing needs in the community is set to grow.”

To make an impact with your giving, read more here.

This article was originally published in The Straits Times here. Source: The Straits Times © Singapore Press Holdings Limited. Permission required for reproduction.

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News

The Straits Times – PR gives back by boosting senior welfare

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Mr Govind Bommi posing infront of the camera advocating for giving back to the community with elderly people in the back

After 20 years in this country, which he now calls home and where he was able to start and grow a successful business in water filtration, Mr Govind Bommi thought it was time to give back.

He called his lawyer in 2015, and said he wanted to start his own charity fund.

“My lawyer asked me whether I was ready to put in the time and resources to run my own trust fund,” said the 71-year-old permanent resident originally from Bangalore, India. “He asked me not to rush into it.”

The lawyer asked him to contact the Community Foundation of Singapore instead.

He told the foundation he intended to support eldercare services as he felt an affinity for a sector with growing needs.

“I am also a senior, I feel I can do something.”

Mr Bommi is married to a Singaporean. He came to Singapore more than 20 years ago to work for a multinational and decided to settle down here. He has two children and five grandchildren who are living overseas.

Foundation staff took him around to view nursing homes and rehabilitation centres.

A visit to the Metta Day Rehabilitation Centre in Tampines left an impression. “The centre helps seniors discharged from hospitals get back on their feet. Their work is meaningful,” he said.

In March 2016, Mr Bommi set up a $250,000 fund under the care of the foundation to support the centre.

He has since pledged to increase his donation to $1 million over several years to support programmes run by the centre.

Besides making the donation, he also visits the centre every Thursday morning as a volunteer to keep the seniors company. Having the foundation run his donation fund gives him more time to volunteer at the centre, he said.

“Making a one-time donation is easy, but committing time to volunteering is harder.”

When asked why he volunteers then, he replied with a laugh: “Volunteering is more fun.”

Read more.

Photo: The Straits Times

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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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Stories Of Impact

The power of the collective: CapitaLand Hope Foundation joins hands with AIC and CFS to bring cheer to seniors

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How do you combat loneliness among older folk? The FUN! Fund – a partnership between Agency for Integrated Care (AIC) and The Community Foundation of Singapore (CFS) – hopes to do this by piloting activities that encourage play, generate laughter and build connections. It’s a fresh approach towards reframing the ageing challenge and a promising effort at collaborative philanthropy.

The brand-new fund has struck a chord with CapitaLand Hope Foundation (CHF), the philanthropic arm of CapitaLand Group. Established in 2005, the foundation seeks to improve the quality of life of seniors. It also aims to nurture and inspire the young and protect the environment for future generations.

“We believe that each older person deserves to live life to the fullest as they age in place and in the community. However, there are vulnerable seniors in the community who face daily life challenges such as mobility difficulties, isolation, and lack of adequate support due to family circumstances,” says Ms Lydia Ang, General Manager of CapitaLand Hope Foundation.

Loneliness is a serious issue for our elderly. It erodes mental and physical well-being and can even reduce lifespans. In mid-2021, a study by the Centre for Ageing Research and Education at Duke-NUS found that those aged 60 and above who see themselves as lonely can expect to live three to five years less compared to their peers who don’t feel lonely. The study, also found that a third of aged 60–69 years and 40% of those aged 80 and above perceived themselves as lonely. Those are sobering statistics indeed.

Two years of living under COVID-19 pandemic restrictions made things much worse. Many older folks stayed home. Being less tech-savvy, they had to grapple with severe social isolation. Those in nursing and care homes saw a stark drop in visitors. Many caregiving staff shows increased burnout and psychological distress in the aftermath of the pandemic.

The FUN! Fund plans to empower community care organisations to collaborate with different stakeholder to develop fun and meaningful activities that seniors can look forward to. There will be development of playbook and post running workshops to share learnings for other organisations to replicate and implement.

CHF got to know about the FUN! Fund through its previous links with AIC and CFS. In 2020, when the pandemic struck, the foundation generously contributed S$700,000 to provide emergency support for community care providers and affected seniors and family members. For CHF, the FUN! Fund dovetails with its efforts to help seniors age in place through its #LoveOurSeniors initiative, which provides the vulnerable elderly with better nutrition, enhanced well-being and improved living conditions.

Tapping on its experience from #LoveOurSeniors, and by working jointly with AIC and CFS, the foundation believes it can help develop innovative programmes that bring cheer to isolated seniors. It also hopes to rally more like-minded partners and the community to join in this effort.

“Through FUN! Fund, multiple donors from different sectors are galvanised to pool and align funding against an agreed set of criteria within a short period of time. This has allowed smaller enterprises to leverage the larger network and platform of FUN! Fund to do good together, as they might not have sufficient resources to effectively contribute to the community on their own,” says Ms Ang.

The FUN! Fund is an example of a pooled fund spearheaded by CFS. Our collective impact funds are designed to raise capital from across the giving spectrum and unite partners to drive positive change. We bring together charities and donors, experience and insights, which amplifies the impact of giving and fosters new solutions.

No individual or organisation can solve complex social issues independently, and private foundations like CHF are embracing collaborative philanthropy. “We believe in the power of the collective, where different stakeholders with respective expertise, knowledge and skills come together as one, leveraging each other’s strengths and resources for the common good. Through the years, we have been rallying our employees, tenants, customers and the wider community to do good together,” says Ms Ang.

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Opinion

How Family Offices Could Shape Philanthropy

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Singapore has a long history of family philanthropy. The first family foundations were established after World War II and they donated generously to alleviate poverty, care for the vulnerable and build schools and hospitals. Today, there are over 400 foundations and trusts registered with the Commissioner of Charities but families that institutionalized big-ticket giving early on – such as the Lee Foundation and the Lien Foundation – continue to dominate philanthropic giving in Singapore.

Family offices are entities which typically manage assets for or on behalf of a family. And Singapore – well-regulated, transparent and politically stable – is rapidly becoming the region’s preferred choice for family offices. In 2020 alone, approximately 200 single family offices were set up here, doubling the total count. As wealth grows, charitable giving is likely to keep climbing.

These high-net-worth families have the potential to shake up philanthropy in Singapore. Traditionally, the Asian family office was an extension of the family business, with a laser-sharp focus on the bottomline. “However, as founders age and younger successors take over, we expect to see greater value placed on sustainable and responsible investing as well as on strategic philanthropy,” says our CEO Catherine Loh.

Research firm Wealth-X estimates that $1.9 trillion worth of wealth in Asia will be passed on to the next generation in the coming decade. For many heirs, giving back is emerging as an integral part of doing business. For them, philanthropic activities are an optimal way to build and sustain a family’s legacy, strengthen family cohesion and better engage family members. 

But here’s where it gets interesting. “Family offices have the power to shake up traditional philanthropy as they tend to be more agile and responsive compared to large foundations or corporate foundations, which are answerable to multiple stakeholders and layers of decision makers. Secondly, family businesses tend to be built by entrepreneurs and disruptors, making them more open to new ways of doing things,” says Catherine. 

What this means is that the new wave of family-driven philanthropy could fund untested, possibly radical new approaches to problems. It could find innovative ways of harnessing capital for social impact. It could move away from cheque book charity to a more engaged approach which could lean towards social enterprises or private-public initiatives. 

However, while most family offices across the globe are engaged in some form of giving back, only 41% of them have a philanthropic strategy in place, notes the Milken Institute. Few family offices have the in-house expertise to evaluate nonprofits, deploy philanthropic dollars optimally, or monitor and measure impact. 

“At CFS, we believe giving should be thoughtfully planned and driven by evidence-based insights,” says Catherine. As a cause-neutral philanthropy advisor, CFS offers unparalleled access to over 400 charities in Singapore, across a diverse range of sectors. We conduct due diligence to ensure the giving is accountable and creating a social impact.  

For family offices, a cost-effective and flexible way to embark on philanthropy is to set up a donor-advised fund (DAF). Since 2008, CFS has set up close to 200 DAFs: of these, almost half have been for families. We pool donor funds for investment management and with over $90 million in assets at any one time, smaller individual funds can reap the economies of scale that large foundations enjoy. Beyond this, as the country’s largest convener of philanthropic activities, we mobilise donor capital through collaborations and collective models to scale up impact and generate more empowering solutions. 

If you would like to find out more about how CFS can help you achieve your giving goals, please click here.

 

References:

  1. June Lee (January 2019) Exploring Family Philanthropy in Singapore – Asia Centre for Social Entrepreneurship & Philanthropy, National University of Singapore https://wings.issuelab.org/resources/34346/34346.pdf 
  2. EDB Singapore (February 2022) How Singapore is Becoming Asia’s Family Office Hub https://www.edb.gov.sg/en/business-insights/insights/how-singapore-is-becoming-asia-s-family-office-hub.html 
  3. Richard Newell (March 2022) New study sees Singapore as top family office hub – Asian Investor https://www.asianinvestor.net/article/new-study-sees-singapore-as-top-family-office-hub/476226 
  4. Milken Institute (June 2021) Philanthropy in a Family Office https://milkeninstitute.org/article/philanthropy-family-office
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