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Business Times: The beauty of giving to those you do not know
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Business Times: The beauty of giving to those you do not know

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A snapshot of a newspaper Business Times: The beauty of giving to those you don't know

Govind Bommi, 71, is well known to regulars at the Metta Day Rehabilitation Centre for the Elderly.

The businessman and philanthropist spends his Thursday mornings volunteering at the Tampines centre, befriending seniors who are there to receive physiotherapy or other forms of rehabilitative care after conditions such as a stroke, Parkinson’s or arthritis.

He does not speak Mandarin or any of the Chinese dialects that most of the regulars are most comfortable with. But that’s been no barrier to friendship.

“You hold their hand, and usually offer the hand that they can use, as some are stroke patients. It’s all about connecting,” says Mr Bommi, a Singapore permanent resident and naturalised US citizen.

One might think this began with his decision to set up a charity fund in Singapore, after spending 20 years here. But Mr Bommi would tell you that seeds were sown far earlier in his childhood, by his mother’s selfless giving to people she did not know.

A mother’s influence
“We didn’t have much when we were growing up… it was hand-to-mouth,” says Mr Bommi, originally from Bangalore, India. All five children shared a small bedroom, and the family lived off their father’s hard-earned income. “Yet, whatever we had, we shared.”

He wasn’t speaking merely of siblings sharing. Beggars would knock at their doors each evening, and his mother, Andal, always found something to give. “It was not leftovers. Even though we didn’t have much, she would cook and keep some aside because she knew that they would come ask for food,” he recalls.

His mother’s largeness of heart only grew with time.

Once, as a grown man in his 40s, Mr Bommi made his annual trip back to India to visit his then 75-year-old mother. One of the first things she said? She had told a young man with a terrible skin problem, boils all over his face, to come see her son, and Mr Bommi was to take him to his doctor friends.

“I asked her, ‘Who is he? How do you know him?” And she just looked at me and said, “I don’t know. Do you have to know who he is, to help him?” That really struck a chord,” says Mr Bommi.

“When you want to help, helping someone you know is easier to do. My son, my child, my niece, my friend, my neighbour – when you have a “my” attached to anything, it is easier. It’s an extension of you, it’s easier to give. Now, to give to somebody that you do not know – that’s what my mother talked about.”

Mr Bommi himself has been on the receiving end of strangers’ kindness and giving too.

Arriving in the US as a 21-year-old, on money borrowed from a friend, Mr Bommi knew no one. Through those early months of adjusting to life in a foreign land and navigating the stress of changing schools and moving, he found some solace each night in lighting up a little prayer lamp his mother had given him.

A rough settling-in was made smoother by strangers who helped, says Mr Bommi. There was the Jesuit priest who helped him find accommodation, and then the Canadian-French family whose home he eventually lived in, among others.

These experiences led him to believe that most people are compassionate. “You see someone not well, hurt, the human instinct would be to go help. Thought manifests itself into words. Further on, the words manifest into actions… Most people will have the thought, but for whatever reason, it’s not shown.”

Taking action
Mr Bommi is not one to just let a thought be.

2015 marked his twentieth year in Singapore. He had arrived in Singapore as an expat, posted by his American company to be a regional director here. But when his term was up, he decided to stay on, started his own water filtration and purification business, and married a Singaporean.

Singapore is now home to him, he says. “I thought: now that I’ve settled down in Singapore, I wanted to do some charity work here.”

He had already set up a charitable foundation in India, Andal Cares, named for his mother. “All the blessings that we have – good health, good family, good wealth – all of that, we have to share…. We are only temporary keepers of this wealth – we have to share it. It’s been given to us for a purpose, to share.”

And so, he told his lawyer, he wanted to do the same here. But, he soon realised that it would take considerable time and resources to set a foundation up, find the right people to run it, meet governance requirements, and handle the administrative work involved. His lawyer pointed him to the Community Foundation of Singapore (CFS), as an option that could provide charitable fund management and philanthropy advice.

Given his desire to support eldercare services, CFS staff took him to visit nursing homes and rehabilitation centres to give him a better appreciation of Singapore’s eldercare landscape. Which is how he first discovered the work of Metta Day Rehabilitation Centre.

“Through the visits, I got a clearer idea of the different types and needs of eldercare support here. CFS helped to build on my interests, and hone in on the causes and impact I want to make, so that I could find a focus for my giving,” he said.

In March 2016, Mr Bommi started the Andal Cares Fund with S$250,000, under CFS, to support the Metta centre. He has since pledged to raise that sum to a seven-figure amount over several years.

Getting to know those you help
“CFS did an excellent job of setting up and managing my charitable fund, taking care of all the ground work for me – from evaluating programmes, conducting due diligence and disbursing grants, to reporting on impact. That’s a big relief for me as it frees up my time to concentrate on my volunteer work with the community,” says Mr Bommi.

His people-centred approach of giving also led Mr Bommi to support, through CFS, a pilot programme by Metta Welfare Association called “We are Bonded”. The programme introduces young befrienders to elderly persons, with the aim of building emotional bonds and enhancing well-being, while studying the benefits of inter-generational bonding.

“From my volunteer work with Metta, I observed that even though seniors are being physically rehabilitated, many of them experience loneliness or isolation and are emotionally withdrawn. Through this programme, we hope that we will be able to better understand and tackle the emotional issues of an ageing population.”

Because as much as he believes in the value of giving to those whom you don’t know, he also believes in getting to know the ones receiving his gifts.

Source: Business Times © Singapore Press Holdings 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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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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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

How Family Offices Could Shape Philanthropy

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a bridge over water with buildings in the background

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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Events

Impact lives through savvy giving

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Four women standing together in a room with a table, engaged in a conversation and displaying a sense of camaraderie.

Make savvy giving a legacy in your life: that was the clarion call to around 100 donors, charities and partners at the Community Foundation of Singapore’s (CFS) Lunar New Year lunch held in February.

“Being savvy in giving is about going beyond the usual traditions of supporting general fundraising campaigns, to deliberately taking charge of generosity,” shared Christine Ong, Chairman of CFS in her opening speech, “It’s about planning and thinking deeply about how to create a powerful effective result, to improve things and impact lives.”

Signaling a new phase for CFS in her first year as Chairman, Christine outlined CFS’s ambition to nurture “a nation of savvy givers” to create a more caring Singapore.

“The signature of a savvy giver or philanthropist, is to be bold and informed, curious and committed, and enthusiastic about putting into practice their beliefs and hopes for a better world,” she explained.

To this end, Christine highlighted that CFS would work on championing new giving by reaching out to donors and making giving easy and meaningful. Moving forward, CFS would also continue to drive collaboration for change, provide professional learning opportunities to the local sector and develop CFS’s organisational culture and capacity.

The lunch also saw the announcement by CFS for a new nationwide Legacy Giving Initiative – an ambitious project to help donors making savvy giving a legacy in their lives.

CFS wants to make legacy gifts a social norm in Singapore, and for donors to consider giving at every stage of their life journey.

The three-year initiative will be launched in the latter half of 2020. It aims to reach out to three audiences: donors, professional advisors and charities by promoting awareness, building and sharing knowledge and supporting action.

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.

Rounding off the lunch, CEO Catherine Loh thanked CFS’s donors, Board, partners and charity partners for their support as CFS turned a new page in its history. “We will be embarking on new initiatives and pursuing innovations as we build towards the future. Our Legacy Giving Initiative will further strengthen CFS’s position as the go-to philanthropy resource in Singapore, benefitting donors and charities alike,” she shared.

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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News

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

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John Doe
Children happily sitting on the floor, smiling and radiating joy.

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.

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.

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
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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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