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Business Times: As they received, they now give
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Business Times: As they received, they now give

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A snapshot of a newspaper Business Times: As they received, they now give

Education is a force for good and a cause that Trina Liang-Lin and Edmund Lin are passionate about supporting.

Education has been pivotal in both their lives, paving stones to their successful careers. Ms Liang-Lin, 47, is the managing director of investment research consulting firm Templebridge Investments, and married to Mr Lin, 49, partner and founding member of Bain & Company’s Singapore office.

She is known for her passion for women’s empowerment. The past-president of the Singapore Committee for UN Women sits on the boards of several non-profits including the National Volunteer & Philanthropy Centre, the Singapore Council of Women’s Organisations and Victoria Junior College. He has devoted time and expertise to the Singapore Management University (SMU), serving on its boards.

“Both of us, we see education as the ultimate leveller. We saw it in both our lives,” says Ms Liang-Lin.

A giving shaped by education
Thinking back to her days as a St Joseph’s Convent schoolgirl, Ms Liang-Lin recalls walking through the school compound each morning, climbing the flight of stairs to the school hall and seeing a bronze plaque bearing the name of philanthropist Tan Kah Kee who had given money to build that hall.

“It made an impression on me,” she says, that someone with no obvious ties to the school and its students would decide to give. For that school still means much to her today. It was where some of her deepest friendships were forged.

That plaque led her to notice similar plaques elsewhere, such as a list of donors and their donations towards the building of what is today’s Singapore Art Museum. The three-digit figures seem insignificant now, yet, helped raise buildings of such significance. “It impressed upon me that for a sum like that you can leave such an important legacy,” says Ms Liang-Lin.

Later, she would receive a scholarship to study abroad – an opportunity that would have been out of reach without a scholarship. “It did change my life,” she says.

Education, and the generosity of others, changed Mr Lin’s life too.

His parents arrived in the United States as struggling graduate students from Taiwan and Hong Kong. But they were shown hospitality and care. Mr Lin remembers one American couple that looked out for his mother, offered their backyard as a venue for his parents’ wedding, and then hosted his family for numerous Thanksgiving dinners.

“From a young age, I always felt that my parents, my brother and I all benefitted from the kindness of others,” he says.

His parents’ education was a gateway to a comfortable life in the U.S. for their family. And eventually, Mr Lin himself was awarded scholarships that secured him a high-quality college education without any financial burden.

How much is enough?
The couple acknowledge that the volunteering they did during their college years – Ms Liang-Lin served at nursing homes while Mr Lin volunteered as a mentor at college and with San Francisco’s Chinatown YMCA – came to a halt when they first joined the workforce in demanding jobs.

Their 20s were intensely focused on work and establishing their careers. “It was really more in our early to mid-30s that we said, okay, we’re at a certain level of accomplishment and comfort. Now is a good time to have a more purposeful life,” says Mr Lin.

One question they had discussed, Ms Liang-Lin says, was: how much is enough? “I think the secret of success in a lifetime is knowing when enough is enough for you.”

“Enough” is not about an amount, nor a specific age. “It is very different from person to person, family to family, but it’s a state of mind – that you feel you are content and it is now time to give back to the society that allowed you to become who you are,” she says.

And so, they began giving their time and resources.

Six years into working life, Ms Liang-Lin helped found the Financial Women’s Association Singapore to provide women in finance with a support network. The association soon searched for charities to support, kicking off her philanthropic work in earnest. Mr Lin too, began contributing his time and expertise, starting with SMU’s Lee Kong Chian School of Business Advisory Board and subsequently joining the SMU Board of Trustees.

And as a couple, they began giving to causes they felt strongly about: education, gender equality, animal welfare and the arts.

The multiplier effect of structured giving
It was while they were looking for a meaningful way to celebrate their 20th wedding anniversary that Ms Liang-Lin and Mr Lin began to mull over taking things a step further to formalise their giving.

“We spoke with Mr Teng Ngiek Lian of the Silent Foundation, who encouraged us to start our philanthropy journey now, rather than wait. He also gave us a better sense of what was needed to set up a private foundation – staffing, resources, expertise and governance,” says Ms Liang-Lin.

They also had a serious chat with Laurence Lien, chairman of the Community Foundation of Singapore (CFS), and eventually decided to set up the Lin Foundation, a fund managed by CFS, with an initial six-figure sum.

“As busy professionals and younger philanthropists, CFS saves us the work and resources needed to set up our Lin Foundation. CFS provides us with philanthropy management and grant-making expertise, ensuring that our grants are effective and meaningful,” says Ms Liang-Lin.

Other draws were how CFS works with a broad range of charities, offers donors a structured charitable vehicle that provides relevant tax deductions on donations, and, importantly, offers the flexibility to grow their fund over time.

Mr Lin cites the Lin Foundation’s scholarship for SMU students lacking the finances to pursue a semester abroad, as one initiative that could be scaled up. “CFS helped us with the selection of candidates, disbursement, administration, etcetera. I can imagine, with the help of CFS, expanding on homegrown initiatives like this, scaling them up.”

They may have chosen to set up their foundation at a relatively young age, but Ms Liang-Lin believes they are a part of a growing trend.

“Increasingly, people are realising that they don’t have to wait till they are older and richer to give back and make an impact. The proliferation of new media platforms is reshaping attitudes and approaches to giving. There is a growing awareness of social problems, and how these can be tackled by contributing funding support, knowledge and expertise,” she says.

To Mr Lin, giving adds much to his life. “Giving creates for me a lot of meaning in my life. The pursuit of economic goals will only take you so far. The time one spends giving back to a community creates great energy. Yes, it takes time. But this is time that creates more energy and the capacity to do more.”

And, he likes being able to give together with his wife. “We both, professionally, have quite a lot going on. But this is one thing we can share, do together, and find great pride and meaning in.”

Source: Business Times © Singapore Press Holdings Limited. Permission required for reproduction.

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/.

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Stories Of Impact

Leading youths-at-risk through a pandemic

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For charities working with youths-at-risk, engaging youths in positive activities, developing trusted relationships with social workers, and structured programmes are vital keys to success. Charities have traditionally relied heavily on face-to-face or group engagements to deliver these activities…

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Opinion

Homeless during the pandemic: how our Sayang Sayang Fund responded with agility

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When Singapore locked down during the pandemic, homelessness became a visible, urgent issue. Cross-border commuters and people that had lost their housing due to irregular income or family conflict joined the rough sleepers who scrape by on the margins of our society.

But with any crisis, there is an opportunity to make things better. In this instance, the authorities and social service organisations moved quickly, joining forces to provide temporary shelters. “The rapid expansion of overnight shelter capacity – from around 60 places at the start of 2020 to a peak of 920 during the circuit breaker – was a considerable feat and evidence of what can be achieved with bureaucratic will and an active civil society,” notes a new study called Seeking shelter: Homeless during the COVID-19 pandemic in Singapore.

Conducted by the Lee Kuan Yew School of Public Policy (LKYSPP), this landmark study was funded by the Community Foundation of Singapore’s Sayang Sayang Fund(SSF). SSF decided to fund this research project to gain deeper insights into the issue of homelessness and how charities can better meet this critical gap.

The study involved a nationwide street count in 2021 and in-depth interviews and was led by Dr. Ng Kok Hoe, a senior research fellow and head of the Social Inclusion Project at LKYSPP. Dr. Ng and his team found that in 2021, the number of homeless people who took refuge in temporary shelters shot up six-fold to 420 compared to 2019. 

Shelters offer greater safety, protection from the elements, and access to basic amenities. At one point during the circuit breaker, homeless shelters reached capacity. “Homelessness is one of the harshest forms of social exclusion,” the study points out. To be homeless in a pandemic, it adds, is to experience even sharper dislocation and hardship.  

Protecting people living on the streets during a public health crisis was one of the many challenges SSF stepped in to address swiftly. SSF was launched in February 2020 as an emergency Community Impact Fund (CIF) during the early days of Covid-19. It was designed to support frontline and healthcare workers.

Donors responded with overwhelming generosity to our appeal. SSF raised a total of $9.6 million from multiple platforms, tripling our initial target. A campaign on Giving.sg alone raised $1 million in donations from the public. All this helped turn SSF into our largest and most impactful pooled fund to date. 

As the pandemic unfurled, unmet needs among vulnerable groups in Singapore escalated. Our deep understanding of on-the-ground issues and strong relationships with charities and government agencies meant CFS could form strategic partnerships to channel funds to the needy in the fastest and most effective way. 

As part of its SafeSleep@Home initiative, SSF gave a $417,000 grant to four charity partners – AMKFSC Community Services, Good News Community Services, Methodist Welfare Services, and New Hope Community Services. The money covered daily necessities, furnishings, and other costs associated with sheltering over 476 rough sleepers.

As of December 2020, about 10% gained permanent housing. 

“Collaboration and trust are key in times of crisis,” says Joyce Teo, executive director at the Centre for Applied Philanthropy at CFS. Aside from rallying donor support, CFS tapped on its extensive cross-sector network to generate diverse perspectives, allowing SSF and other stakeholders to respond efficiently and collectively to the homelessness dilemma. 

To date, SSF has launched ten programmes. The fund has also worked with 891 grantee organisations and touched the lives of 359,302 beneficiaries. It is a powerful example of how collaborative philanthropy can tackle societal problems with agility. 

“The crisis created opportunities for different stakeholders and built new partnerships. It was also a useful learning curve,” notes Joyce. The learnings from this, plus the research findings from Seeking shelter, put CFS in a better position to deliver services to the homeless. “All these work together to help us build a more resilient community better equipped to deal with future crises,” she adds. 

To learn more about the Sayang Sayang Fund and its impact, please click 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.

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

Ng, K. H., & Sekhon Atac, J. S. (2022). Seeking shelter: Homeless during the COVID-19 pandemic in Singapore. Singapore: Lee Kuan Yew School of Public Policy. https://lkyspp.nus.edu.sg/research/ social-inclusion-project

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Creating social impact through philanthropy

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Last year, the COVID-19 pandemic has likely changed your life on a daily basis. Though the pandemic has affected everyone, it hasn’t done so equally – the situations of the most vulnerable groups have been severely aggravated and awareness of our society’s fault lines and underserved needs have been heightened. But, if this pandemic has taught us anything, it’s the tremendous power of common people working together to achieve a unified goal.  

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Money Mind – Leaving A Legacy

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Two female individuals can be seen in the picture, both dressed in red shirts and holding a volleyball ball.

How can you leave your mark on the world and make an impact on the lives of others?

LISTEN: Catherine Loh, CEO, Community Foundation of Singapore (CFS); lawyer and CFS ambassador, Nadia Ahmad Samdin

Money Mind, weekdays 10am to 2pm on #CNA938.

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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