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Aleta Planet Foundation: Supporting children and elderly in the fight against COVID-19
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Aleta Planet Foundation: Supporting children and elderly in the fight against COVID-19

John Doe
John Doe
Three people posing with a check from Aleta Planet, expressing joy.

To help bolster the combined efforts in combating the adverse effects of the COVID-19 pandemic within our community, fast growing fintech company Aleta Planet has donated $100,000 to the Mediacorp Enable Fund, a community fund administered by SG Enable.

The proceeds are part of an initial larger commitment of $200,000, and will go towards supporting the elderly who have to work despite their frailties and children with disabilities, as well as those from low income families.

The sum will be donated via the Aleta Planet Foundation, a donor advised fund established in partnership with the Community Foundation of Singapore (CFS). The Aleta Planet Foundation will work with CFS to identify existing needs for the elderly and disabled children, find suitable charity partners to work with and to manage the funds received.

“We are deeply grateful to Aleta Planet Foundation for their strong spirit of charity and choosing the Mediacorp Enable Fund to make their first donation. The generous contribution will provide much needed financial assistance in meeting the last mile needs of persons with disabilities, as well as to help them fulfil their aspirations in life,” says Mr Ku Geok Boon, CEO of SG Enable.

Set up in Singapore just six years ago, the Aleta Foundation specialises in payment solutions to and from China, and plans to increase their contributions to the community in the future as part of their sustainable corporate giving culture.

“As Aleta Planet has reached a level of growth, we feel that it is now fitting for us to give back to the community in which we operate,” said Mr Ryan Gwee, Chairman and Group CEO of Aleta Planet. “This is especially timely amid a pandemic and recession that have created considerable hardship for the most vulnerable groups living on the fringes of our society.”

The donation seeks to also support the elderly who have been abandoned by their families, and will focus on children from low-income families to help them realise their fullest potential in life.

“We look forward to closer collaboration with the Aleta Planet Foundation to identify gaps in the community so as to foster more effective giving and amplify the positive impact they have on our society,” says Catherine Loh, CEO of CFS.

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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Opinion

Accessing Quality Education: A Boost for the Last Leg

John Doe
John Doe
A photo of individuals wearing face masks, posing together for a group picture

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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News

The Community Foundation of Singapore to lead legacy giving initiative

John Doe
John Doe
An Asian family enjoying quality time together, sitting on the lush green grass in a serene park setting.

The Community Foundation of Singapore (CFS) will be leading the legacy giving initiative and partnering with key stakeholders to grow the giving culture in Singapore.

As Singapore’s only community foundation, CFS is fortunate to build on over 11 years of experience, to bring donors, charities and other stakeholders together. Donors have already trusted CFS with over $160 million in donations. More than one-third of these are legacy gifts, which are used to support causes across different sectors, including health, education, research, arts, social and welfare services.

The three-year initiative, which will be launched in the latter half of 2020, aims to reach out to three audiences: donors, professional advisors and charities.

Legacy is a broad concept. Legacy gifts refer to planned, future donations. This could include cash, marketable securities, insurance policies, CPF monies and marketable assets such as real estate. Legacy gifts are far more than planned donations from a person’s assets after death. They can mark important moments in life and honour the memory and achievements of a loved one. Anyone can make a legacy gift.

Donors interested in making legacy gifts today want more knowledge to make informed choices and accountability for their gifts. CFS will address these needs by promoting awareness, building and sharing knowledge and supporting action. CFS will provide choices and trusted advice to make gifts meaningful and impactful for future generations.

We will also reach out to professional advisors on ways and tools to help their clients structure their giving. CFS will help charities tap into legacy giving to enable sustainability and augment service delivery to their beneficiaries.

“We look forward to working with partners to co-create the future and strengthen our culture of care. Together, we can dream of a future where thinking about one’s legacy and discussing planned gifts in everyday conversations are no longer the exception, but part and parcel of our giving culture,” said Catherine Loh, CEO of CFS.

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

Let us continue to sayang our community

John Doe
John Doe
Young learners sitting on the classroom floor, participating in educational exercises.

We have been overwhelmed by the generous show of support for our community-driven Sayang Sayang Fund; from private individual and corporate donors who donated to the fund directly or set up their own fund-raising pages, we have far surpassed our initial target.

We have given out transportation vouchers to hospitals and polyclinics and are now looking to support vulnerable communities especially impacted by COVID-19’s precautionary measures.

Like the seven thousand children from low-income families who are now at risk from losing access to meals provided in school with the implementation of home-based learning. That is our focus now.

And that is why the Sayang Sayang Fund remains open: to help make sure no one falls by the wayside during this challenging period.

We aim to achieve this by:

  • Supporting community-based emergency response funds for marginalised communities adversely affected by the COVID-19 situation.
  • Providing innovation solutions and research to better combat COVID-19.
  • Building capabilities that support charities’ operational and/or business continuity processes.

Your heart-warming outpouring of love truly brings to life the community spirit of the Sayang Sayang Fund. Thank you for your continuing support.

*The Sayang Sayang Fund is a community impact fund to care for the vulnerable in our community during times of national crises. To support the Fund, please visit giving.sg or email contactus@cf.org.sg.You can also donate via PayNow. All donations above $50 are tax deductible.

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”。

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.

Opinion

Giving from strength to strength

John Doe
John Doe
Catherine Loh posing for a photo

In the Community Foundation of Singapore’s (CFS) first year of operation, few individuals wanted to talk to us about philanthropy. Thanks to a founding group of seven donors in 2008 who placed their faith in us, we started to see growth.

As CFS commemorates its 10th anniversary, we are delighted to witness how our carefully cultivated seeds to enable philanthropy have borne fruit. Earlier this month, the Straits Times published an article More wealthy donors setting up private charity funds highlighting the encouraging trends amongst private donors in Singapore and featuring two of our donors here and here.

For instance, CFS’s donor pool has grown more than ten-folds, from seven in 2008 to 110 in 2018.

Our donors increasingly include younger individuals. Today, around 40% of our donors are aged 50 and below, as compared to one such donor in 2008. We think the growth of younger donors underscores a broader, positive shift in giving attitudes, and with many latent donors in our society, we believe this number is set to grow.

As we celebrate these recent events, we are also delighted to highlight three programmes that are expanding their activities and impact through the generous contributions of our donors.

Care Corner Educational Therapy Service plugs a critical gap for children with special learning needs in mainstream schools.

Apex Harmony Lodge’s personalised model of dementia care empowers patients to live with dignity and well-being.

Tabung Project by Beyond Social Services is an innovative grassroots initiative that has enabled children from lower-income families to experience the benefits of saving.

After all, growing together – CFS, our donors and charities – is what allows us to offer the local communities we support the best means for meaningful change.

Catherine Loh
Chief Executive Officer
Community Foundation of Singapore

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”。

admin bluecube
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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.

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