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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
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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

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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。

沃伦·巴菲特则宣布,一分也不留给三个孩子,会捐出所有给慈善。

本期《实况报道》请擅长信托和遗产事务的律师、法学教授和老年学学者谈SKIN“使尽”现象,并访问退休人士,了解不准备留太多给孩子的原因。

“不要留太多给孩子”的趋势渐长,有越来越多找律师办理遗嘱或信托事务的人,把部分遗产捐给慈善,或自设信托,以便更好地管理所支持的慈善事业。

两名擅长处理信托和遗产事务的资深律师告诉《联合早报》,积极行善的客户越来越多,一些甚至已定期捐钱给慈善机构,而不是等到过世后才这么做。

王律师事务所(WongPartnership LLP)专业人士及私人客户争议业务组负责人沈木英律师说,不论是用在自己身上、当礼物送给孩子或至爱,或是捐给慈善机构,财富在一个人还活着时是最有价值的。

“有的施予者享受从金钱得到的快乐,比如孩子或慈善机构向他表达感激之情,或通过捐钱做了好事而乐在其中。

“从这个角度,我可以明白为何一些人想在有生之年花光一切。”

她就见过一分钱也不给孩子的父母,有的因为跟孩子的关系恶劣,有的则因孩子挥金如土。相反的,也有继承遗产者积极行善,打算捐出大部分遗产。

福鼎律师事务所(Fortis Law Corporation)创办人陈子佳律师说,把遗产留给孩子是根深蒂固的传统价值观,但“花光”个人财产的做法也有益处。

他指出,父母留遗产给孩子理由很多,比如,在孩子成长期间常“缺席”,所以用遗赠示爱或表达愧疚。

有的因孩子是特需者,就用遗产设立信托,让孩子在他们离世后生活有照应。

“不论什么原因,孩子可能真的需要帮助,而留遗产给孩子的做法本身就能教导孩子施予的价值。”

沈木英说,虽然有客户认为孩子有一半的可能性会乱花遗产,但也有客户认为给孩子一笔钱,将有助于孩子取得成功。

 

设立慈善基金更好掌控财富

她指出,多数客户“守住”财富,是为孩子所需。一旦满足了孩子的需求,他们便会开始捐出行善。

不过,她留意到捐献者更有主动权,“与其直接捐钱给慈善机构,更多客户设立自己的慈善基金,以便更好掌控”。

她的一个客户选择帮某慈善机构设立医疗设施,再给予资助,而不是直接捐钱。

一些则每年把资产或生意赚取的部分收入捐给慈善,另一些把部分资产纳入慈善信托或基金,为慈善机构创造收入。

“还有一些给每个孩子一份财产,也给一份做慈善。也有客户设条件,要孩子先捐出所得遗产的10%,才能继承剩余的90%。”

沈木英指出,微软创办人比尔·盖茨累积的财富是子孙享用不尽的,所以设立慈善基金。但一般打工族以养家育儿为己任,慈善可能不是第一选项。

“事实是,越没钱的人,越要孩子过得比他们好,所以想方设法留下资产,但我认为帮孩子,不该凌驾于自己的需求和生活享受之上。”

陈子佳也认为,必须在SKIN和留遗产之间,取得平衡。

“我已立好遗嘱,也制定了持久授权书(LPA)。我确保自己有足够资源办好三件事:应付医药和退休开销,以及清还所有贷款和债务。”

 

孩子主动要求不要遗产

这些年来,陈子佳看到不少客户定期捐钱给慈善机构,有的甚至把遗产全捐给慈善。有些是因为他们的孩子能自给自足、明理和善良,叫父母留给较不幸者。

“我看到许多孩子,坚持父母不要列他们为受益人,把遗产转给有需要者或其他家庭成员,我就是其中一个。”

陈子佳坦言,他叫母亲把遗产留给兄弟姐妹、侄甥和慈善,“我希望以后我的孩子,也叫我不要列他们为遗产受益人”。

他感激父亲给他最好的教育:“做人要舍得。大舍大得,小舍小得,不舍不得。”

 

个案① :防子女争财产 卖掉大洋房

为了避免留下房子惹“后患”,七旬退休专业人士数年前毅然卖掉住了几十年的大洋房,搬到市区公寓,口袋满满地与老伴安享晚年。

问有三个子女的林大悟(化名),这样做难道不心痛不可惜?难道没想过把洋房留给其中一个孩子?

他语重心长说道,屋子太旧了,修理或重建都得花钱,租出去的话,租户不一定会爱惜房子,有问题也会来烦你。

“留的话,留给哪一个孩子?大家一定有不同意见。继承的人也未必喜欢屋子和地点,还是卖了干脆。我虽然知道房价以后会涨,但留下也有后患,除非你只有一个孩子。”

林大悟说,把财富传给下一代的传统观念是时候该调整了,但也不是改变一切,一分钱都不给儿孙。

他认为,给孩子的最佳礼物就是按他们的能力,让他们接受最好的教育,在有生之年尽可能帮助孩子,使他们可以自立、自组家庭,过安定的日子。

“给他们过多遗产,他们不会知道那些是你一辈子省吃俭用积攒而来的。钱到了他们手上变成零用钱,一下子就花光了,有时还嫌不够。”

“老年人必须确保能经济自立。钱在你口袋,总比在别人口袋好。你的辛苦钱一天不用,不花在自己身上,都还不是你的。但这么说也不是鼓励你挥霍乱花。”

他也说,儿女在事业和家庭起步阶段都须要帮助,但每个的情况不同,不要顾虑分配公平与否。

“最好孩子不需要你帮太久。他们有本事的话,其实不需要你,没本事,你即使有大把钱,也会惹争端。”

他感叹,有的父母尚在,手足之间就为了争夺资产而闹上公堂。“沒教好啊。父母尚未去世已经如此,不敢想象两老不在后,会搞出什么乱象。”

他眼看一些已故名人的孩子对簿公堂,“家家有本难念的经啊!身居高位的他们已是如此,平民百姓如我更不用说了。”

他指出,自己的孩子即使多好多孝顺,他们的伴侶却是未知数,“许多纷争都由此而起,因为他们对你这个长辈以及其他家庭成员的感情不同,到头来是利字当道。”

林大悟已立了遗嘱并制订LPA。“遗嘱和LPA直接了当,我俩其中一个有事,动产与不动产全交给还在的那一个,不会牵涉下一代。”

他说:“新加坡应该有中高档次、包伙食和提供医疗等服务的退休村,让付得起的老人有私人的服务式住所。”

林大悟的许多海外老年朋友就是这样卖了大房子,把钱用在退休村,有尊严地享受剩余岁月。

林大悟最后再三提醒,每个家庭的情况都不同,关键是老年人要有经济自由。

“不要太早分家产,也不要让他们知道将得到什么。如果孩子一直要钱,不断争吵,就索性捐给可以信任的慈善机构。”

 

个案② :多年沟通与磨合 父母终于安心“花钱”享乐

多年打拼后累积可观财富,年长父母想为儿女规划财产安排未来,但儿女更希望父母专注当下享受生活。两代人为彼此着想却一度引起不愉快,但如今达成共识,老两口放心“花钱”,晚年活出精彩和意义。

陈丽丝(化名,29岁,项目经理)的父母40多年前顶下红山一家小店铺,从小买卖一步步发展。随着公司规模越来越大,陈家的经济条件越来越好,21年前搬入了荷兰村一带的独立式洋房。

“父母特别疼爱我们四个孩子,花钱毫不吝啬。但我们从小目睹父母打拼的精神,也立志像他们一样,努力自力更生。”

陈丽丝说,大哥10年前结婚时打头阵,对想要为新人买房的父母说,以后都不会拿爸妈的钱。兄妹四人借机向父母提出,希望他们能够提早退休,去享受晚年生活。

“记得当时父母的反应很激烈,还问是不是觉得他们老了没能力赚钱养家,让我们哭笑不得。”

对陈丽丝和哥哥来说,父母从小的疼爱、付出和栽培才是最宝贵的财富,再多的遗产也不及看到父母在有生之年开心重要。

经过多年的沟通和磨合,如今年近70的父母终于完全理解儿女的立场,也就遗产事宜达成了共识。

父母在疫情暴发时退休,积极投身义工和慈善。随着边境开放,两人开始出国旅行,尝试年轻时没能享受的体验。

“我们告诉父母,他们最好把所有的钱都花完,不留任何遗憾。他们看到我们事业和生活都有足够保障,也就放心让我们自理。”

妥善安排遗产 儿女父母须坦诚沟通

老年学和信托专家认为,遗产或许不是越多越好,但究竟多少才“合适”、剩余的如何安排,还须要父母和儿女坦诚开放的沟通。

新加坡管理大学法学院教授陈汉吾说,多数新加坡人都要留遗产给孩子,希望子孙过得比上一代好。《回教法执行法令》就规定三分之二遗产须留给包括孩子的受益人。

针对SKIN的趋势,他认为,老练、超高净值者认为,留太多钱给孩子不是祝福而是祸害,“要达到目标努力奋斗,太多钱反而成了障碍,也会一直怀疑人们接近他们是为了钱”。

新加坡新跃社科大学副教授(老年学课程)和体验式教育中心高级专家马学嘉博士说,多数普通收入的家长担心留给孩子太少,因此可能省吃俭用,努力存钱给孩子,给他们带来更多金钱保障。

不过,遗产积累越多,越影响父母的生活质量。

她解释,这种心态和行为源自传统的集体主义(collectivism)价值观。不论是几十人的大家庭或是仅有四五人的核心家庭,成员之间都会考虑共同利益,必要时更是准备牺牲自我利益。

随着我国社会的变迁,家庭结构有所改变,有年轻一代选择单身,即使结婚,也可能计划只养“毛孩”(意宠物)、不要儿女。他们的日常开销因此可能更少,不大需要额外的金钱贴补生活。

马学嘉说,与其父母省吃俭用、拮据度日,相信孩子更乐意看到他们安享晚年,“父母和孩子两代人的观念不同,须要坦诚开放地沟通”。

生老病死是人之常情,但人们或因恐惧而忌讳讨论,孩子该如何开口与父母讨论遗产事宜?

马学嘉强调,每个家庭有个别的相处模式,但最重要的是以父母的意愿为中心。

她分享自己做义工的经验说,一些老人家对立遗嘱所需的程序和考量不了解,儿女就说教似地告诉父母该怎么做,附加自己对遗产的设想和要求,没考虑父母想要怎么安排。

“作为儿女,我们应该帮助父母了解过程,并尊重他们的意愿,在需要时帮助他们完成。”

陈汉吾是新加坡社区基金会(The Community Foundation of Singapore)捐献者指示委员会(Donor Advised Committee)成员,也为本地慈善组织提供咨询。

他说,一些富人觉得生活在危机重重、极度不平等的世界,所以希望捐一些遗产,改善贫困甚至气候问题。

“年轻一代对留遗产给慈善事业相当正面。这一代非常热衷于一些事项,例如气候改变。”

但陈汉吾认为,为慈善捐赠财产不仅是有钱人的专利。儿女如果有一定能力,以父母的名义给学校或大学捐钱设立奖项,也很有意义。“用大概5万元设个奖项,可以纪念死者多年。”

他指出,早前的殖民时期,英国政府没提供足够的社会服务,只能靠社群自发提供援助。

本地著名的华人慈善家就有陈笃生、陈嘉庚、陈六使和李光前,陈汉吾说:“从殖民时期,慈善早就成为新加坡DNA的一部分。”

信用:联合早报©新报业媒体有限公司。复制需要许可

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

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News

The Business Times – Educational giving vital in breaking poverty cycle: Ng Chee Meng

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“Education is a strong driver of social mobility and is critical to breaking the poverty cycle between generations, a point that was made by Minister for Education (Schools) Ng Chee Meng at the sixth annual global Credit Suisse philanthropists forum on Thursday.

This, as educational giving could enable the next generation to improve many aspects of their lives, be it health or income, he said.

“A key reason why giving is important to me is that it supports and creates a virtuous cycle in our society. Those who give become role models to inspire others who may be younger to do the same and over time, this virtuous cycle lends disproportionate influence over long periods of time.”

Simple acts of charity or strategic philanthropy targeting root causes of social challenges would build a more caring and cohesive society for future generations, said Mr Ng.

Governments could support this cycle of giving through the private sector, he said, adding that in Singapore, non-profit organisations advise donors and help match their donations to worthy causes. For example, the National Volunteer and Philanthropy Centre and the Community Foundation of Singapore have been promoting a giving culture over the years.” Read more.

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Events

CFS Donor Learning Trip Series: The transformative power of early intervention by the Dyslexia Association of Singapore

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This initiative is part of CFS’s Donor Learning Trips, a series of engagement opportunities that enable donors to personally connect with charities and gain insights into how they support communities in need.

Imagine not being able to read because the letters and words are mixed up. Imagine struggling to spell or write, being labelled slow and falling behind at school. These are the realities students with dyslexia face, realities that empathetic donors from CFS got to better understand during a visit to the Dyslexia Association of Singapore (DAS). 

“It was an eye-opening experience that left a lasting impact on us,” said Mr Sim Willing, President of the IFPAS Love Fund. The IFPAS Love Fund is one of four donor-advised funds (DAFs) that joined our Donor Learning Trip in July 2023 to the DAS Learning Centre at Serangoon Central. The social service organisation provides dyslexia screenings, psychological assessments and remediation. 

Accessing Quality Education is one of CFS’s five focal areas for grantmaking, where we curate programmes that ensure everyone has access to quality, holistic education and opportunities for them to function and thrive academically.

During the visit, donors had the valuable opportunity to hear from and talk with DAS Vice-Chairman Mr Kevin Kwek, DAS CEO Mr Lee Siang, Senior Specialist Psychologist Ms Scarlett Leong and other staff members.

One key takeaway for our donors was that dyslexia is more common than they thought. Dyslexia is a neurological condition where the brain is wired to handle information differently. It is lifelong and tends to be hereditary. Studies indicate that it affects around 10% of the population, 4% severely. 

In Singapore, there are an estimated 20,000 students with dyslexia severe enough to need intervention, says Mr Lee. Children with dyslexia, moreover, may also have co-occurring difficulties. These include problems with memory, attention, time management and sequencing.  DAS currently serves around 3,500 preschool, primary and secondary school students across 12 centres. 

Poverty significantly compounds the challenge for students with learning difficulties. Undiagnosed children who slip through the cracks find it hard to break out of poverty. As Mr Lee points out, “International research suggests that 30-60% of prison populations may have dyslexia. Specialist intervention can help break a vicious cycle for those with special needs.” At DAS, 52% of its students come from lower-income families. This is where intervention—supported by donor generosity— can be transformative. 

Intervention requires significant resources. DAS gets some funding for screenings but none for psychological assessments. Such assessments are crucial to ascertain if a child has a learning difficulty, its severity and to identify areas of learning needs. Each assessment must be carried out by a highly trained psychologist and takes considerable time, making it costly. This can put it out of reach of the less well-off.

To bridge this gap, DAS collaborates with like-minded partners like CFS. For the charity, CFS has been critical in bringing in donors such as the IPFAS Love Fund. Their grants directly help children from lower-income families access this much-needed service.

IFPAS set up the IFPAS Love Fund in 2017, choosing CFS for its strong track record in managing charitable funds. “A dedicated advisor at CFS takes the time to understand our giving goals and guides us to make well-informed decisions on where to direct resources for maximum effect. Administration is also easy as CFS handles legal and financial compliance, fund management, and grant distribution,” adds Mr Sim

As our relationship with CFS has grown, so has the depth and breadth of our giving. Over time, we have gained a better understanding of social issues and community needs, and CFS has played a pivotal role in keeping us updated on emerging trends and impactful projects. This ongoing learning process has led to the evolution of our giving strategies, allowing us to be more strategic, responsive, and effective in addressing the changing needs of the community.

Dyslexia is a hidden disability but with timely intervention, many can go on to contribute significantly to society. Through targeted and thoughtful philanthropy, we can extend professional support to more children with dyslexia, allowing them to reach their full potential and lead more fulfilling lives.  

CFS assists charities and their underprivileged communities by connecting them with donors seeking to support causes and crucial needs that resonate with them deeply.

To find out more about the causes we support, please visit www.cf.org.sg/what-we-support/.

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Opinion

Accessing Quality Education: Three Areas Where Donors Can Make A Difference

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Students without means often do not enjoy the same opportunities as their well-to-do peers. Some are forced to give up their studies to support themselves and their families. Others struggle throughout school without realising they have a learning disability. Some younger children are less school-ready, leading them to fall behind academically. With grants from CFS donors, at-risk students can get the right support to access quality education, one of five focal outcome-centred causes that CFS champions.  

We firmly believe education can boost a person’s employability, and promote inclusivity and integration within society. However, we recognise that not every child has an equal shot at obtaining the education they need. With targeted philanthropy, we bridge critical gaps and improve social mobility for our most vulnerable young.

CFS curates evidence-backed programmes that stretch from pre-school to tertiary level. In this article, we focus on three essential areas where, together with our donors, we continue to make a tangible impact. These are financial assistance for living expenses, helping children with learning differences and building skills for primary-level pupils. 

Letting Students Focus on Learning Through Financial Assistance

At the Institute of Technical Education (ITE), students gain diplomas and valuable skills in a variety of industries, from food science to nursing to IT.  The majority of ITE students, however, come from challenging backgrounds: 46% are from families with a per capita income of under $1,000, more than twice the national average. Many then have to work part-time, leaving less time for their studies.

ITE lends a helping hand to these youths through the Monthly Financial Assistance Scheme (MFAS). Beneficiaries receive $150 per month for six months to help with their food and transport costs. 

ITE is only able to help some of their students with MFAS and relies on donor support to ensure greater coverage. This would help even more students on their quest to graduate and find gainful employment. 

Similar financial assistance schemes are also offered by AMKFSC Community Services Ltd, Nanyang Polytechnic, Ngee Ann Polytechnic, Republic Polytechnic and Temasek Polytechnic. Numerous students with limited family support stand to benefit from your generosity.

Support for Dyslexia Assessments

Children with learning differences often have difficulties keeping up in school. This can severely impact their academic life and hurt their career opportunities. Some have dyslexia without knowing it: global incidence rates suggest that up to 10% of the school-going population may suffer from dyslexia.

In Singapore, the Dyslexia Association of Singapore (DAS) conducts close to 1,000 psycho-educational assessments each year, based on referrals by teachers and parents. These assessments are important in identifying the needs of struggling learners to make appropriate recommendations for learning support. However, about 35% of these children come from low-income families, who will not be able to afford the costly assessment fees.

Donor support from CFS directly funds psycho-educational assessments by trained psychologists at DAS. Once diagnosed, the children will be able to receive support tailored to their learning abilities. Through early intervention, donors are helping disadvantaged children overcome their learning differences, allowing them to fulfil their potential.

After-School Enrichment Builds Skills and Confidence

Each child starts at a different point in primary school based on their socio-economic background. Those from families facing challenges may have weaker literacy or numeracy skills and thus be less prepared for school.  Being placed into lower-performing classes may demoralise and frustrate these children, leading to disinterest and reduced academic motivation.

KidsExcel works closely with primary schools to reach out to students from families with a gross household income below $2,750 or per capita income below $690. It runs regular enrichment sessions which address learning gaps as well as activities centred on sports and life skills. This includes drama, public speaking and robotics. The programme boosts resilience and character-building while helping the kids academically. It also empowers parents to participate in their children’s educational journey.

In 2022, KidsExcel served 350 primary school children across 11 centres. An encouraging number of children were able to improve their grades, while 87% of Primary 6 pupils passed their PSLE. Through KidsExcel, donors are helping to level the playing field for underprivileged children in primary schools. 

We could spark change with far-reaching effects by funding a programme that improves access to quality education. Drawing on our experience working with charities and partners over the years, CFS is here to offer advisory and administrative support so that you can focus on the transformative power of your giving to educational causes.  

Learn how CFS can help you support access to quality education at https://www.cf.org.sg/giving/ways-to-give/.

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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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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.

News

Media release: The first Singapore Youth Impact Collective to empower disadvantaged youths

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A group of people posing (From left) James Tan, Tan-Wu Mei Ling, Justina Tan, Joyce Teo, Dr Ang Kiam Wee, Pang Sze Khai and Jacky Ang
  • This is the first initiative in Singapore that uses the collective impact model, which enables funders and non-profits to own and address complex social issues in a coordinated manner.
  • The Collective aims to increase the ability of disadvantaged youths to progress to working life through training and skills development.

Singapore, 9 October 2018 – The Singapore Youth Impact Collective (the “Collective”) launched two youth empowerment programmes and opened a new A.P.T.I.T.U.D.E. Centre at ITE College Central today, to help disadvantaged youths transition more successfully from the classroom to working life.

The Collective was formed when its members attended a Colabs series on Children & Youth in 2017, and realised that multiple stakeholders are needed to work together to find effective ways to help disadvantaged youths across various life stages.

They recognise that while education can help bridge social gaps, the environment and other socio-economic factors can affect some youths’ socio-emotional development, academic performance, aspirations and employability. This may hinder them in reaching their full potential and transitioning into independent working adults

The Collective comprises six members, namely Changi Foundation, the Community Foundation of Singapore (CFS), Credit Suisse, Octava Foundation, SHINE Children & Youth Services (SHINE) and TOUCH Community Services (TOUCH). To date, the funders have pledged close to $1 million towards the programmes.

“The Singapore Youth Impact Collective is the first such collaboration in Singapore to use the collective impact model,” highlighted Joyce Teo, Deputy Chief Executive Officer, CFS. “This approach acknowledges the value of collaboration in the face of complex social issues that requires the coordinated efforts of multiple entities, usually from different sectors.

“CFS is glad to contribute as a backbone organisation by providing dedicated staff and resources to support this initiative and its participating partners to act in concert along mutual goals.”

Members of the Collective were drawn together through a common vision for change and formed an action plan that coordinates mutually agreed-upon activities which allow members to leverage on each other’s expertise and resources to achieve a set of shared outcomes.

The Collective aims to understand and establish the elements within its programmes that are effective in improving work-readiness for disadvantaged youths. It hopes that non-profits working with youths can then use this knowledge to achieve better outcomes in the future.

They also want to advocate for organisations across different sectors to adopt a collaborative ownership of social issues and be an example or model on how financial and non-financial resources can be provided to complement and build non-profits’ capabilities.

The Collective’s programmes are curated for youths aged 17 to 25 who may require support in school or after graduation as they seek employment. Their aim is to empower 230 youths to be work-ready over the next three years.

“It is a strategic decision for Changi Foundation to join the Collective,” said Ivy Choo, Head, Changi Foundation. “Apart from deepening our learning in the giving space, more importantly, it allows us to better address current needs in the community. By aligning our efforts with that of the other members in the Collective, we can create greater impact for the youths and their future.”

Jacky Ang, Singapore COO and Branch Manager of Credit Suisse AG, Singapore Branch,shared that Credit Suisse is a strong advocate for the collective impact model, having seen success in HK and Malaysia. “The Collective enables companies like Credit Suisse to play an active role as a corporate citizen beyond funding. Every member brings something different to the Collective, be it expertise, networks or in-kind contribution, thus increasing efficiency and avoiding duplication of efforts.”

“Apart from providing funding, Octava Foundation has discovered other ways to contribute towards work-readiness for disadvantaged youth. We realise that there are opportunities to connect the non-profits to businesses that we work with—some of these companies may be potential industry partners for SHINE and TOUCH,” noted Debbie Fang, Head, Octava Foundation.

“This is a wonderful opportunity for TOUCH to work together with like-minded partners to enhance youth development work and develop better training programmes,” shared Anita Low-Lim, Senior Director (Children and Youth Group), TOUCH. “We value the culture of open communication and trust because it allows everyone at the table to learn from each other and explore better ways of working.”

“Through the Collective, SHINE hopes to extend its work to address needs that we were not previously able to on our own,” affirmed Benjamin Teo, Centre Director for Yishun Centre, SHINE. “The collective impact model brings us all to the table equitably, and allows non-profits to tackle operational challenges alongside funders. I believe this will help us work towards a more lasting impact for our youths and their families.”

With the launch of the programmes, TOUCH and SHINE welcome moreindustry partners andcompanies who are willing to provide opportunities for internships and job immersion experiences for the youths.

Interested parties who would like to help with training and work opportunities are invited to contact youthcollective@cf.org.sg for more information on how they can support this programme.

ABOUT THE PROGRAMMES

The Collective’s goal is to improve work-readiness for disadvantaged young persons by:
–      encouraging their attainment of educational or vocational qualifications;
–      developing their socio-emotional skills and personal assets; and
–      changing their aspirations and providing them access to employment opportunities.

TOUCH and SHINE’s programmes include these elements in their programme design, and are targeted at youth at different stages of transition to work. TOUCH works with students in school, while SHINE will work with youth who may have finished their national service or graduated from school, who can benefit from additional support in gaining employment.

A.P.T.I.T.U.D.E @ ITE College Central
TOUCH’s A.P.T.I.T.U.D.E is based in ITE College Central. The programme complements the vocational training that ITE students are learning in school. It develops students’ interests into practical market skills through close mentorship from industry experts and TOUCH youth coaches.

Through this framework, the students are able to form a secure attachment with mentors and be guided in the right direction in terms of developing their passions into practical market skills. A.P.T.I.T.U.D.E involves seven Interest Groups in areas such as Barista, Adventure Facilitation, Adventure Sports, Outdoor Events Management, Wedding Planning, Culinary Arts and Photography.

YOUTH FORTE
SHINE’s YOUTH FORTE programme targets youths 17 to 21 years’ old who are not in school or training, or sustainable employment of longer than six months, and are facing transition issues to workforce.

YOUTH FORTE takes the youths through various stages including evaluation, individual coaching, socio-emotional training, employability skills training, internships or project-based experience, and vocational training leading to WSQ certification. Throughout the process, youths receive individual life coaching.

Youths are deemed to have completed the programme when, armed with better socio-emotional competencies and the confidence to deal with work challenges, they stay in employment for at least six months.

ABOUT THE SINGAPORE YOUTH IMPACT COLLECTIVE MEMBERS

Changi Foundation
Changi Foundation was launched in April 2012 to support and reach out to disadvantaged youths, a social cause that Changi Airport Group (CAG) has supported since 2010. Each year, CAG allocates a percentage of its net profit to the Changi Foundation, which supports youth community efforts. Through the programmes and projects funded by the Changi Foundation, CAG aims to touch the lives of 600 youths each year.

Community Foundation of Singapore
The Community Foundation of Singapore (CFS) is a non-profit organisation founded in 2008 to encourage and enable philanthropy in Singapore. CFS matches donors’ interests with causes and offer ways for them to make a greater impact through their charitable funds. CFS also collaborates with charity partners to identify programmes that support diverse communities. Its purpose is to enable real and meaningful change while inspiring a philanthropic culture in Singapore. CFS is a registered charity with Institution of a Public Character status.

Credit Suisse
Credit Suisse AG is one of the world’s leading financial services providers. At Credit Suisse, we believe that education is one of the keys to inclusive economic growth. Credit Suisse’s Global Education Initiative and our regional education activities support a variety of programs improving access to education and quality educational opportunities. At Credit Suisse Asia Pacific, our philanthropy work supports selected organisations that provide disadvantaged children and youth with access to quality education and employability skills that pave their entry to the workforce. We also support programs that build the entrepreneurial mindset in young people across all societal groups.

Octava Foundation
Founded in 2016, Octava Foundation seeks to provide access to education and opportunities for children and youth from economically disadvantaged families to enable them to have sustainable livelihoods, achieve their aspirations and achieve self-efficacy.

SHINE Children & Youth Services
SHINE believes in the right of every child and youth to shine. Towards this end, it reaches out to children, youth and their families through school-based, centre-based and community-based social work and educational psychology programmes so as to enable children and youth to maximise their potential.

TOUCH Community Services
TOUCH Community Services is a not-for-profit charitable organisation, dedicated to meeting the needs of children from low-income or single parent families, youths-at-risk, needy families, people with special and healthcare needs, and frail elderly. Through its network of 18 services, TOUCH is committed to serving people of all ages, races, religions and backgrounds. Each year, its programmes and services meet the needs of more than 31,000 clients.

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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