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Celebrating 15 Years of Impact: CFS Annual Report 2024

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Home Resources News Celebrating 15 Years of Impact: CFS Annual Report 2024

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Celebrating 15 Years of Impact: CFS Annual Report 2024

October 2, 2024

John Doe

We are pleased to share our 2024 Annual Report, celebrating The Community Foundation of Singapore’s 15th anniversary. This year’s report outlines our progress over the years, and reinforces our firm commitment to being the community foundation focused on uplifting and supporting communities across Singapore.

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Set up during the covid-19 pandemic, Sayang Sayang Fund raised $9.7m over three years, supporting over 400,000 lives
应疫情设立 Sayang Sayang基金三年筹970万元惠及40万人

Book by Adrian Tan, with the title 'If I were King of Singapore'

Posts of the late former Law Society President Adrian Tan has been published as a book
律师公会已故前会长陈锦海曾发表贴文已结集成书

A Year of Exceptional Grantmaking

FY2023 was a year of growth, particularly in the areas of grantmaking and capability building. We distributed $22.5 million to 240 grantees, a 32% rise from the previous year, and enhanced our human resources to address growing industry demands.

Key Highlights for FY2023:

Surpassed $300 million in total donations, thanks to our generous donors
Awarded the Charity Transparency Award and the Friends of Community Care Award
Launched The Collective for a Stronger Society to support social mobility for lower-income families
Significant tech upgrades to our CRM system, website, and new donor portal

Looking Ahead

The Community Foundation of Singapore remains steadfast in our dedication to inspiring philanthropy and cultivating cohesive and compassionate communities. Check out our 2024 Annual Report to learn more about our collaboration with donors and the community.

Related Topics For You: ANNUAL REPORT, CHARITY STORIES, DONOR STORIES, DONOR-ADVISED FUND, PARTNERSHIP STORIES

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Opinion

How much does a Singapore household need for a basic standard of living?

John Doe

In a study of household budgets by Dr Ng Kok Hoe (Lee Kuan Yew School of Public Policy), A/P Teo Youyenn (Nanyang Technological University), Dr Neo Yu Wei (National University of Singapore), Dr Ad Maulod (Duke-NUS), Dr Stephanie Chok and Wong Yee Lok (LKYSPP), a basic standard of living means “…more than just, housing, food, and clothing. It is about having opportunities to education, employment, and work-life balance, as well as access to healthcare. It enables a sense of belonging, respect, security, and independence. It also includes choices to participate in social activities, and the freedom to engage in one’s cultural and religious practices.”

To date, a total of two household budget studies were conducted using the Minimum Income Standards (MIS) as a research method for establishing the incomes needed for a basic standard of living in Singapore. In 2019 the study[1] targeted seniors and in 2021 the study[2] extended this work to the needs of households. The results helped to establish a living wage level, a wage that allows people to afford a decent standard of living and embodies the values and principles that the public identifies with across a range of domains.

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A diverse group of individuals gathered around tables in a well-lit room, engaged in conversation and collaboration.

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So, if I have a wish for, for next year and of course beyond…. it is to have a greater conversation around wages and people’s living standards that are based on principles like these – people’s needs, what is decent, what is basic, and what will allow people to not feel excluded from society.

Dr Ng Kok Hoe

Recognising the importance of research on the needs of households living in poverty, the Community Foundation of Singapore collaborated with the research team to invite 25 leaders from the social service sector to learn about the opportunities and trade-offs in applying MIS in Singapore, as well as to compare income standards in different countries. It was a process to understand about the living standards from ground up experiences which demonstrated what Singaporeans see as necessary and important to thrive while living in Singapore. Without such a process to unpack the lived experiences of individuals and communities, narratives often reinforce the worldview of the dominant and are unable to account for the real habits and practices of ordinary members of society.

The session with the social leaders was held in August 2022 and it opened up possibilities to incorporate MIS findings to review and enhance the delivery of programmes and services for marginalised communities and families.

This is an interesting discussion – we need more of these sessions for paradigm shifts within the sector itself. Social justice is one of the core principles in social work but what is “just” and is it the same as “fair”? Just or fair to who?
Participant’s reflection

The workshop invited attending social leaders to anticipate how society is changing and ask about the relevance of MIS and how it challenges or contributes to current income policies, assistance schemes, eligibility criteria for assistance and practices to ensure a minimum socially acceptable standard of living. It is also helpful for leaders from different fields to come together and share their assumptions, priorities, and values that may impact their assessment of clients’ needs and support provided.

It inspires me to imagine that when we talk about families no longer being in poverty, it is not just about being earning above a certain income (e.g., poverty line) but being able to achieve a basic standard of living. This has tremendous implications and guidance on how we think about measuring and evaluating the outcomes and impacts of our work.

Participant’s reflection

In the discussions, the participants found it crucial to include multiple stakeholders such as donors and funders who will fund these programmes and dictate expected processes and outcomes. As a follow-up, another session will be facilitated to gain their perspectives and ensure the conversation goes deeper, and generates aligned perspectives.

Through these sessions, we hope to push the boundary of thinking to inspire different stakeholders. Donors can play an important role in encouraging greater giving and I hope the next session will allow even deeper conversations

Joyce Teo, Executive Director, Centre for Applied Philanthropy, The Community Foundation of Singapore

This article was written by Joyce Teo, an executive director of Centre for Applied Philanthropy. Joyce leads the CAP team and works with donors and non-profit organisations to address the critical gaps in strategic philanthropy in Singapore.

References

[1] 2019 Household Budget Study: What older people need

[2] 2021 Household Budget Study: What people need in Singapore

Related Topics For You: ANNUAL REPORT, CHARITY STORIES, DONOR STORIES, DONOR-ADVISED FUND, PARTNERSHIP STORIES

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Opinion

Four ways to give back through the arts

John Doe

To put things into perspective: giving to the arts means more than just supporting a company’s artistic endeavours – support for the arts helps build a more inclusive society and brings benefits to the community in many ways.

Many of Singapore’s artists, art companies and institutions are passionate about social causes, and make it part of their mission to give back through the work they do. These efforts often go beyond cultivating art appreciation, to include efforts to reach out to the less privileged, nurture the young and bring the joy of the arts to a wider audience.

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Three young men playing soccer on a field, displaying teamwork, agility, and passion for the sport.

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To help navigate the dynamic field of the arts, we have identified key areas in which the arts is making strides within the local community:

Arts education
An arts education is considered vital in helping children develop creativity and imagination – key skills to thrive in the future economy. These efforts can be bolstered by supporting spaces for early arts exposure, such as the Keppel Centre for Art Education at the National Gallery Singapore, or access to dedicated arts training and programmes as exemplified by The Rice Company, Art Outreach Singapore and Playeum.

Alongside their artistic season, many local arts companies have also developed outreach programmes for children and youths, including Singapore Repertory Theatre, The Necessary Stage, Odyssey Dance Theatre, The Fingers Players, The Theatre Practice, TheatreWorks and Temenggong Artists-In-Residence.

Active aging
Empowering our seniors to lead meaningful, active lives is a priority for Singapore, and the arts can play a significant role. Events such as the National Arts Council’s Silver Arts Festival have demonstrated how the arts offer seniors a safe space to try new activities, and also a platform to engage their minds through enjoying a performance or work of art, as exemplified by Beautiful Mind Charity which runs free concerts at various elderly homes. The Singapore Chinese Orchestra plays to patients and healthcare workers in hospitals and care centres through its ‘Caring Series’ to provide the healing touch through music.

Others like contemporary dance outfit The Arts Fission Company have channelled art towards practical benefits. The company runs Everyday Waltzes for Active Aging, a programme which utilises movement to help the elderly maintain strong core muscles and reduce their risk of falling.

Mental health
In some instances, the arts contributes to the mental health of different segments of our society by helping to recognise and bring deep issues to light. Take for instance theatre company Drama Box, which develops theatrical work mirroring our social fabric. The company has worked with many marginalised and underserved groups, including migrant workers, out-of-school youths and the elderly, and continues to use theatre to explore important social issues from mental health, dying, resilience and identity.

Special needs
The arts celebrates the value of every human being, making it a natural fit when it comes to engaging individuals with special needs and disabilities. Superhero Me, a ground-up inclusive arts movement turned charity, has been championing the power of art to bring joy and empowerment to children from needy families and those with special needs.

Arts companies can also use their expertise to give back. Contemporary dance company RAW Moves runs A Little RAW, an inclusive children’s dance company bringing dance to children with special needs, while Beautiful Mind Charity has been offering free professional music education to children with disabilities since 2014.

Photo: National Arts Council

Related Topics For You: ANNUAL REPORT, CHARITY STORIES, DONOR STORIES, DONOR-ADVISED FUND, PARTNERSHIP STORIES

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Stories Of Impact

Empowering Her Dream: International Women’s Forum Singapore Aids Young Fashion Designer’s Success

John Doe

Denise Yeo was juggling two part-time jobs while studying full-time for a degree in Fashion Design & Textiles at LASALLE College of the Arts. So, she was overjoyed when she received an education grant from the International Women’s Forum Singapore (IWF). “The money meant I could divert more time to my studies,” says the 23-year-old student.

Funding her degree has been a struggle. Her father is disabled in both legs and cannot work. Her mother works in a restaurant and Denise’s elder sister, who looks after their father, had to take out a loan from her Central Provident Fund savings to help Denise pay for her tuition fees.

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A woman in a white dress sits on stairs, gracefully holding a violin.

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The $4,500 IWF grant has let her cut back on her working hours in her crucial final year. It also helped fund her graduation project – a collection of six looks inspired by the whimsical, playful nature of clowns – which is critical to building a career in fashion. “Fashion involves a lot of money and time,” says Denise, who graduates in April 2023. The financial security allowed her to devote more time to designing her collection and invest in better quality fabric and trimmings.

Denise is already crafting a name as a designer to watch. In 2021, the articulate and talented young lady won the Men’s Folio Designer of the Year competition. She plans to start a brand of her own and pursue a master’s degree and a PhD. Grateful for how the IWF grant positively impacted her, Denise hopes more philanthropic support can be extended to students in the creative arts.

The annual grant came from the IWF Singapore Education Grants Fund, a donor-advised fund (DAF) which IWF set up in 2014 with the Community Foundation of Singapore (CFS). IWF is an invitation-only network of accomplished women dedicated to advancing women’s leadership and championing gender equality. It strongly believes in nurturing the next generation of women by providing access to education and mentorship.

The IWF Singapore Education Grant aims to support deserving young women in any field, in any educational institution in Singapore. Beneficiaries are typically students between the ages of 17 to 35 who are applying or studying for a diploma or degree at a local polytechnic or university, and who are at risk of dropping out due to financial challenges.

Aside from monetary aid, the grant seeks to equip these students with life skills and guidance on career choices. This is done with the help of the Young Women’s Leadership Connection, a mentorship programme initiated by Mrs Arfat Selvam, Managing Director of law firm Duane Morris and Selvam LLP. For IWF, partnering with CFS has been the ideal way to fulfil its specific philanthropic goals. As Singapore’s only community foundation, CFS is a leader in philanthropy advisory and grantmaking, and will celebrate its 15th year of connecting donors with opportunities to make impact in 2023. Tapping into its deep roots in the community, CFS helped IWF navigate unmet needs in the educational sector, backed by its solid knowledge of local institutes of higher learning and data such as the cost of education.

With the help of CFS, IWF looks for students with grit – those who strive to excel in their chosen field. Beyond that, it also seeks out students with a strong desire to make a difference to their community and who show empathy for the less fortunate. In Denise’s case, what helped her stand apart was her commitment to sustainability.

While working in F&B, she gained an appreciation for managing waste, recycling and thoughtful sourcing of materials. This prompted Denise to weave in elements of eco-consciousness into her designs. She opts for natural fabrics, instead of synthetic ones, and is creating outfits that can be worn in many different ways, to improve their lifespan.

In 2021 alone, the IWF fund supported grants to 31 students in tertiary institutions. Since its inception, the IWF has awarded a total of 143 grants to 127 unique young women from 13 local institutions. Through its long-running generosity and tireless mentoring, the IWF has made a lasting impact on the lives of numerous young women.

Establishing a DAF with CFS is a seamless, cost-effective and flexible way for donors to embark on their very own giving journey. As a one-stop philanthropic centre, CFS tailors each DAF to a donor’s motivations and handles the tax, legal, reporting, governance and fund management requirements. This is all carried out at minimal cost. Backed by 14 years of experience and counting, CFS is honoured to be the leading provider of DAFs in Singapore today.

For more on how CFS can help you on your philanthropic journey, please visit this page.

Related Topics For You: ANNUAL REPORT, CHARITY STORIES, DONOR STORIES, DONOR-ADVISED FUND, PARTNERSHIP STORIES

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Events

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

John Doe

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).

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Picture of the recipients of the S R Nathan Education Award had tea with the former president at the Eurasian Community House

Recipients of S R Nathan Education Award meet former president over tea

“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.

Sim Willing, President of IFPAS Love Fund

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/.