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Annual report 2018
In financial year 2018, CFS received a total of $9.7 million in donations. We disbursed $12.4 million worth of grants to 186 charitable organisations supporting various causes. This year’s annual report also showcases CFS’s latest donor advised funds, grantmaking highlights, collaborative giving initiatives and recent events.
Download your copy here.

A Call for Collaborative Giving
This first Colabs publication – a collaboration between CFS and NVPC – sheds light on the challenges disadvantaged young persons face at home, and the impact of the family environment on educational attainment and social mobility. The guide offers suggestions on collaborative action to help givers close the gap for these individuals.
Download your copy here.

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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Stories Of Impact

Dayspring Residential Treatment Centre – Letter to a donor

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Dear Donor,

Thank you for your support of Dayspring Residential Treatment Centre.

We recently attended a graduation ceremony there and would like to share with you how it went.

A was accepted into Dayspring Residential Treatment Centre in December 2014. She had severe anger management issues, emotional outbursts and made various attempts to run away from the home. Six months after entering Dayspring, she was so touched by the concern shown by the carers, counsellors and residents there that she decided to turn her life around and ‘graduate’ from the programme. A achieved her target in two years and will soon be leaving Dayspring to begin a new chapter in her life.

As it was her ‘graduation party’, she got to decide who to invite to celebrate her success. Those present included her mother, friends, social workers, volunteers and many others who played a significant role in her life during her turnaround period.

It was not easy for A to share her experiences in front of so many people, but she did so bravely – acknowledging everyone who helped make her the person she is today. Through the process, A had reconciled with her mother and was even able to thank her publicly for her unwavering love and support. This was a quite an achievement considering that A used to have a volatile relationship with her mother.

The guests took turns to offer A words of affirmation and encouragement for the positive changes they saw in her. She was presented with a certificate and a unique butterfly necklace which symbolised her growth and transformation. The staff and residents also produced a video documenting her journey in Dayspring.

With the help of Dayspring, A is currently training under a pastry chef at the Fullerton Hotel. We were all privileged to taste the delicious Nutella cake personally baked by A. Looking ahead, A will be working hard towards achieving her dream of becoming a chef, and owning restaurants, bars and cafés around the world.

The graduation ceremony provided us with a glimpse of the extensive work that Dayspring undertakes in rehabilitating teenage girls like A and giving them the last mile opportunity to turn their lives around. It gave us a chance to appreciate the work of the centre and get to know the girls a little better. It was an afternoon well spent and we certainly missed you at the event.

I am sharing this to show the impact your donation has made on A and many others like her. Thank you for making a difference in their lives.

Best regards,

Belinda Lee
Principal Consultant, Philanthropy & Grants
Community Foundation of Singapore

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Stories Of Impact

2021 Annabel Pennefather Award winners Cheung Kemei and Jaslyn Hooi: Two talented athletes steadfast in their resolve to win honour and glory for Singapore

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As Singapore continues to field excellent sportsmen into the international arena such as Badminton World Federation world champion shuttler Loh Kean Yew and paralympic gold medallist Yip Pin Siu, the Community Foundation of Singapore (CFS) recognises the need to continue supporting the growth of more sporting talent through philanthropy, so that Singapore may continue to produce many more distinguished sportsmen and women for the years to come.

The Annabel Pennefather Excellence Award is one such enabler that helps young sports women reach greater heights and bring glory to our country.

It is presented annually to two female graduating student-athletes between 16 and 25 years of age, who have displayed remarkable dedication to their sporting craft and achieved outstanding results in sports. 

Funded by the International Women’s Forum Singapore’s Education Grant, which is managed by CFS, the Grant aims to recognise deserving young women with character and the commitment to achieve in their respective fields.

The Award honours the late Annabel Pennefather – a former national hockey player, a pioneer of women sports administrators in Singapore and a champion of women in sports globally – and celebrates her achievements through encouraging and empowering women in the field of sports.

This year, the Award winners of the 2021 Annabel Pennefather Excellence Award are Cheung Kemei and Jaslyn Hooi, two young women who have demonstrated exceptional skill and excellence in their respective sporting fields.

At the tender age of only 16, foilist Cheung Kemei has already acquired a number of accolades under her fencing belt, having had an outstanding year at local national and age-group competitions last year in spite of the swelling pandemic.

“I feel very happy and honoured to receive this award. I’m very grateful and would like to thank the school, coaches and everyone who supported me throughout this journey. This award definitely encourages and motivates me to work harder and achieve better results for Singapore,” says the talented young fencer.

The foilist punched above her weight to win a gold at the Singapore Senior Championships last year in February, and won another gold medal for the U17 Women’s Foil Individual at the Singapore Cadet Nationals.

Though there is a long list of contenders for coveted spots, Kemei has her eyes set on making it to the final list of competitors for the upcoming SEA Games this year.

The other Award winner, 21-year-old shuttler Jaslyn Hooi, first represented Singapore at the Youth Olympic Games in 2018 in Buenos Aires where she finished 4th in the Women’s Singles. Since then, Jaslyn has participated and won a bronze at the 2019 SEA Games, and is set to take on the region’s best at the SEA Games this year.

“2021 proved to be a successful year, especially towards the end of the year, where I competed for six weeks in Europe. I managed to get gold in one of them and improved my world ranking to be top ninety in the world,” reflects Jaslyn with pride.

In September 2021, she claimed the Women’s Singles title at the Polish International, making it the best win in her career thus far. Among one of the top local shuttlers, Jaslyn won the Women’s Singles title at the Singapore National Open Championships consecutively in 2020 and 2021.

“I’m extremely honoured to be receiving this award. It’s nice to know that Sports School is still supporting us on our sporting journey and recognising our hardwork and success. My goal is to be top fifty at the end of 2022, and this award will continue to push me towards that goal,” says the ambitious young shuttler.

She aspires to play well in bigger tournaments this year and to make it to the Top 80. Her ultimate goal is to make it to the 2024 Olympic Games, and is determined to give her best effort to make her dream come true.

If you would like to support more budding sporting talent in Singapore through philanthropy, please read more here.

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Events

Lunar New Year celebrations and collaborations 2017

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This year, CFS’s annual appreciation lunch was held on 8 February at the Regent Singapore. Some 120 guests attended the event which is CFS’s way of saying ‘thank you’ to our donors, charities and partners for their unwavering support. True to the spirit of celebrations, there were happy handshakes, endless conversations and a festive, convivial atmosphere all around. Donors met charity partners, old friends made new friends.

National Volunteer & Philanthropy Centre (NVPC) joined CFS as co-host this year as we launched Colabs – a learning network that brings together different stakeholders in the giving system to enable greater and deeper social impact. Chairpersons Laurence Lien and Mildred Tan and CEOs Catherine Loh and Melissa Kwee of CFS and NVPC respectively put their collective signatures on the Colabs board to kickstart this exciting initiative. It is hoped that more signatures will be gathered as we embark on this collaborative journey.

As CFS CEO Catherine Loh said in her thank you speech, it is through the many collaborations between donors and partners that CFS has been able to enable so many impactful programmes through the years. We certainly look forward to many more ahead.

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News

Donations to CFS increased by 60% over the past two years
新加坡社区基金会 两年多善款增六成

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Over two years, the number of Donor-Advised Funds (DAFs) managed by the Community Foundation of Singapore (CFS) has increased from 162 to 235, and total donations received since inception has risen from $192 million to $311 million. As of 31 December 2023, CFS has disbursed over $169 million in grants, a big jump from the $114 million disbursed as of 31 March 2021. 

Speaking to Zaobao, CEO Ms Catherine Loh, shared that one reason for the significant increase in donations was due to a few large donations exceeding $10 million over the past three years. She also highlighted the introduction of Legacy Giving by CFS, and the organisation’s efforts to work more closely with financial and legal advisors to promote philanthropy. Notably, about 15% of CFS’s DAFs are memorial in nature, including the recently established Adrian Tan Memorial Fund in 2023. 

Learn more about our DAFs at https://cf.org.sg/donors/donor-advised-funds/.

截至2023年12月31日,新加坡社区基金会发放的善款超过1亿6900万元,比截至2021年3月31日的超过1亿1400万元多,造福更多人。(档案照片)

Over two years, the number of Donor-Advised Funds (DAFs) managed by the Community Foundation of Singapore (CFS) has increased from 162 to 235, and total donations received since inception has risen from $192 million to $311 million. As of 31 December 2023, CFS has disbursed over $169 million in grants, a big jump from the $114 million disbursed as of 31 March 2021. 

Speaking to Zaobao, CEO Ms Catherine Loh, shared that one reason for the significant increase in donations was due to a few large donations exceeding $10 million over the past three years. She also highlighted the introduction of Legacy Giving by CFS, and the organisation’s efforts to work more closely with financial and legal advisors to promote philanthropy. Notably, about 15% of CFS’s DAFs are memorial in nature, including the recently established Adrian Tan Memorial Fund in 2023. 

Learn more about our DAFs at https://cf.org.sg/donors/donor-advised-funds/.

过去两年多,新加坡社区基金会管理的慈善基金从162个增至235个,善款从1亿9200万元提高到3亿1100万元,增约六成,显示国人对慈善的意识不断提高。

截至2023年12月31日,新加坡社区基金会(The Community Foundation of Singapore,简称基金会)发放的善款超过1亿6900万元,比截至2021年3月31日的超过1亿1400万元多,造福更多人。

新加坡社区基金会总裁罗佩仪答复《联合早报》询问时说,过去三年,基金会接到几个超过1000万元的慈善基金,这是善款增加的其中原因。

另一原因是因为基金会积极推广遗赠项目,并且与财务专员和律师更紧密合作,让更多人认识基金项目,所以取得积极成效。

基金会在2008年成立,通过可持续、妥善和具透明度的方式,协助个人、家庭或企业设立或管理慈善基金。

捐款者能以自己、家人或公司名义设立基金,或为逝者设立基金。遗赠可包括现金、提名基金会为受益人的保险赔付或公积金存款,以及有价证券或房地产等。

捐赠者可指定受惠者,基金会将与相关慈善团体配对,制定有效的行善策略。

基金会与超过400个慈善伙伴合作,协助对象广泛,包括孩童、年长者、客工或社会边缘人,援助范围包括医疗、教育、艺术和动物福利等。

罗佩仪说,基金会管理的“捐献者指示基金”(Donor Advised Funds)分三类,一种是捐赠基金(Endowment fund),慈善资产将永久保存在社区基金会并进行投资,投资收益直接用在所选择支持的慈善机构和项目。

第二种属于流转基金(Flow-Through Fund),在特定时期内支持个人选定、所喜爱的慈善机构和项目,占总指示基金约75%。另一种是可投资流转基金(Investible Flow-Through Fund),捐款用于投资,投资回报和本金都可用于个人选择的慈善事业。

 

捐献者指示基金 目前最大款项超过2000万元

 

在捐献者指示基金中,目前款项最大的超过2000万元,而总指示基金也有约15%属于纪念性质的基金,包括去年设立的陈锦海纪念基金。

她说,陈锦海纪念基金是陈锦海妻子为了向亡夫致敬,并支持他生前热衷的慈善事业而设的。

“纪念基金是缅怀亲人的绝佳方式。我们当中的许多人都是读陈锦海的书长大的,很荣幸能与陈太太合作向他致敬。陈锦海纪念基金确保他的遗赠得以延续,支持他生前关心的公益事业。”

罗佩仪也指出,可投资流转基金是一种新的基金类型,“我们看到捐助者的需求不断增加,他们希望利用捐款投资获取回报,并灵活使用捐款和投资回报,支持所选择的慈善机构。”

 

已故前总统纳丹生前设立“纳丹教育提升基金”

 

已故前总统纳丹于2011年卸下总统职务时,通过社区基金会,以他的名义设立“纳丹教育提升基金”。

属于捐赠基金的纳丹教育提升基金,两年多前累积逾1000万元资金。

纳丹生前委任一个拨款咨询委员会,负责就基金可支持的项目提供建议,通过助学金、奖学金,以及各项经济援助计划,支持工艺教育局以下工艺教育学院和高等教育学府的贫困学生顺利升学。纳丹2016年逝世,享年92岁。

 

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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