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Money Mind – Leaving A Legacy
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Money Mind – Leaving A Legacy

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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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Stories Of Impact

Why Support Sports with Philanthropy?

While philanthropy traditionally focuses on providing direct aid to those in need, its impact extends far beyond mere charity. Singapore owes much of its early development to philanthropists who made social investments in infrastructure, systems and people. In the case of sports, it can also be a driving force for national bonding and societal progress, nurturing a society where every member can thrive.

Singapore Badminton Players Loh Kean Kew and Yeo Jia Min posing with donor Karim Family Foundation at badminton court
L to R: Martin Andrew (SBA), Loh Kean Yew, Grace Chiong (KFF), Cindy Karim (KFF), Yeo Jia Min, Ashley Chan (CFS), Darrel Lim (CFS), Alan Ow (SBA)

While philanthropy traditionally focuses on providing direct aid to those in need, its impact extends far beyond mere charity. Singapore owes much of its early development to philanthropists who made social investments in infrastructure, systems and people. In the case of sports, it can also be a driving force for national bonding and societal progress, nurturing a society where every member can thrive.

Sports can unite the nation. It goes beyond gender, age and other factors, and brings us together. During COVID-19, Loh Kean Yew won the Badminton World Federation World Championships. That gave Singapore a lift in spirits. It gave everyone something to cheer about while we were cooped up at home.

In addition to fostering a sense of national pride, achieving success at international competitions serves to enhance Singapore’s global reputation. A vibrant competitive sports scene not only offers youths an alternative avenue to success but also yields numerous trickle-down benefits for community sports. These include promoting healthy lifestyles, instilling discipline in young individuals, and inspiring communities to embrace active living.

“Traditionally, sports development might be viewed as a national duty and the responsibility of government bodies,” says Ms Cindy Karim, principal of the Karim Family Foundation, a philanthropic foundation which contributes to sports development, arts & culture, mental health, and education. The family believes that philanthropy paired with government efforts can have a multiplier effect.

Support from the Karim Family Foundation 

In late 2021, the Karim family approached CFS to explore ways to support sports in Singapore. Ms Karim says, “We felt a deep concern for the underrepresentation of Southeast Asian athletes on the global stage.” Together with her father Bachtiar Karim, mother Dewi Sukwanto and brother Chayadi Karim, she established the Karim Family Foundation with the support of CFS.

When Loh Kean Yew won the BWF World Championships in December 2021, the Karim family asked CFS to facilitate a $200,000 contribution to the champion to support him and celebrate his achievements. “It takes much courage and sacrifice to dedicate oneself to pursuing excellence in badminton as a career. We hope that with our support, our national shuttlers won’t have to worry too much about the financial aspect. We hope they can be duly rewarded and celebrated for their achievements and focus all their energy on writing their own success story in time to come,” says Ms Karim.

When asked why she and her family chose to support badminton, Ms Karim says, “Growing up between Indonesia and Singapore, we have always felt a strong affinity to badminton as a sport. It has become a personal passion and mission to make badminton more widely known in professional sports.”

Challenges in Competitive Badminton

The Singapore Badminton Association (SBA) is the governing body for badminton in Singapore. It oversees the development of competitive badminton in Singapore and is dedicated to nurturing talent. Mr Ow, the CEO of SBA explains, “To reach world-class competition standards, players need to train and participate in competitions to develop their skills. Because there is only a small pool of players to compete against in local tournaments, overseas tournaments are essential for exposure to a wide range of high-calibre competitors.” However, overseas competitions require resources. Teams need sports and conditioning coaches and physiotherapists to accompany them. Expenses such as airfares, accommodations and tournament entry fees add to the hefty cost. Aspiring players often have to bear some of these expenses personally, which can be a barrier to realising their full potential.

Training and competition expenses are not the only financial constraints that players have. To succeed, competitive players must put in the hours, which frequently means committing to half a day of training, six days a week. The high training demands mean players end up sacrificing their studies or work, which can add to the financial strain.

Nurturing Talent in a Conducive Environment

CFS works closely with charity partners and donors to identify underserved needs that align with donors’ philanthropic goals. Working closely with the Karim family and the Singapore Badminton Association (SBA), CFS helped structure a funding arrangement that drives impact and excellence for future badminton stars. In May 2023, the Karim Family Foundation (KFF) donated $600,000 to fund the KFF-SBA Players’ Development Programme for three years. “We wish to support SBA’s ambitious efforts to elevate the sport in Singapore and internationally, and to build a strong pipeline of players. Our funding of the Players’ Development Programme is aimed at grooming players and enabling them to have as much exposure as possible by competing at the highest levels internationally,” says Ms Karim. Mr Ow estimates that the grant from KFF supports training and expenses for overseas competitions and training camps for about 40 players. The increased funding is expected to enable players to compete in approximately 50% more tournaments a year.

In addition to funding the development programme, the Karim family also contributed to the local competition scene as title sponsors of the KFF Singapore Badminton Open 2023, which brings world-class players to Singapore. “Through the excitement and hype of the event, we hope it will inspire future players,” says Ms Karim of KFF’s philanthropic strategy.

Championing Philanthropy for Sports

We hope that our work starts a perpetuating cycle of giving and support, and that with more philanthropic organisations coming forward, our national sports can earn its place amongst the reputable, celebrated sports of the world. Enabling players to achieve greater heights on the global stage bolsters Singapore’s standing as a vibrant community with talent and opportunities. We hope that in the long run, this effort will bring more exposure to the emerging talents within Southeast Asian professional sports.

She adds, “The process of setting up a Donor Advised Fund with CFS is simple, and donors can leverage the CFS team’s network, knowledge and expertise to be introduced to the right organisation that aligns with their philanthropic priorities. Having this option helps lower the barriers to entry and makes philanthropy more accessible.”

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”。

News

Media release: CFS launches community impact fund to raise marginalised groups’ participation in the workforce

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  • Partners with social enterprises and charities to concurrently provide WSQ*-certified vocational training and social support.
  • Targets for 60% of participants to attain sustained employment**.
Singapore, May 23, 2019 – The Community Foundation of Singapore (“CFS”) has launched a new community impact fund to address social exclusion from the country’s workforce. Called the LIFT – short for Learning Initiatives for Employment – Community Impact Fund, it will support programmes that provide vocational training for marginalised groups in Singapore and place them in jobs in the open market.

The programmes are targeted at four marginalised groups – persons with disabilities, persons recovering from mental illnesses, disadvantaged women and youth-at-risk. Its focus is on helping them navigate and overcome barriers to securing sustained employment. This is done through equipping and supporting them with both hard and soft skills for obtaining and maintaining jobs in the food and beverage industry. The programmes may be expanded to span more industries in the future.
“Marginalised groups have largely been excluded from the labour market because of various stereotypes, stigmas and prejudices. This often leads to economic and social vulnerability that follows them for life. We hope to pilot new pathways to help the vulnerable make a living, improve their self-esteem and become more involved in society,” said Joyce Teo, Deputy Chief Executive Officer at CFS. “LIFT meets this need in a holistic manner by concurrently providing participants with technical training, social support and job coaching to help them manage socio-emotional and financial stressors while they learn and work. Ultimately, the aim is to help them get and stay employed with the help of the community.”

The fund aims to support an initial 90 participants with a total of 12,600 hours of WSQ-certified vocational training (over a three month period per participant on average), as well as 5,400 hours of job matching, job placement and on-the-job coaching support. This works out to an average of 140 hours of vocational training and a further 60 hours of post-training support each. During the training phase, participants will also receive ongoing social support from charity partners to minimise or resolve family and/or other issues that may otherwise derail their learning.

Potential participants will first be identified and referred by IPC (Institute of a Public Character) charities, and then assessed in terms of attitude, aptitude as well as potential for employment. Successful candidates will then be trained by one of two social enterprises working alongside CFS as programme providers – Project Dignity will train participants for kitchen and service jobs while Bettr Barista will train participants to be baristas, and both will also provide job attachment opportunities during the training phase.

CFS aims for around 65% of participants to complete the training phase and for around 60% of graduates to be successfully placed into employment in open market conditions for at least three months – a milestone predictor of an individual’s ability to stay in sustained employment with regular income. To track the efficacy of the programmes, programme providers will, where possible, keep in touch with the participants for up to two years.

The establishment of the LIFT Community Impact Fund was catalysed by discussions that arose on the back of Colabs, an initiative by CFS and the National Volunteer & Philanthropy Centre that drives collaboration by bringing together the public, private and social sectors to learn and co-create solutions to tackle complex social issues in Singapore. Specifically, LIFT was sparked by talks with participants in a Colabs series that ran in the second half of 2017 and focused on persons with disabilities. The range of marginalised groups that stand to benefit from LIFT has been broadened to also include persons recovering from mental illnesses, disadvantaged women and youth-at-risk as there are considerable overlaps between these groups.

A guide providing practical ways to help persons with disabilities has been developed based on insights derived during the Colabs sessions. It outlines some of the challenges facing persons with disabilities, especially after they turn 18. These include the lack of employment options and opportunities for meaningful social interaction. It then suggests collaborative solutions targeted at three different levels – programme, organisation and sector. More details can be found on pages 9 to 14 of the guide, which can be downloaded here.

While an anchor donor has already been secured to seed the LIFT Community Impact Fund, CFS is looking to raise funds to cover the estimated S$528,000 required to support the programmes. Potential donors who wish to contribute to LIFT can visit Giving.sg or write to CFS at contactus@cf.org.sgfor more information.

CFS’s community impact funds help address unmet needs or under-supported causes in Singapore. Through collaborations with charity partners to identify gaps and co-develop programmes, these funds enable the disadvantaged to lead better lives with the support of the community at large. CFS currently has three other community impact funds – MEANS (Migrants Emergency Assistance and Support)Outing for Seniors and Safe Home.

(Photo: Bettr Barista)

* Workforce Skills Qualifications **For at least three months, a milestone predictor of an individual’s ability to stay in employment with regular income.

 

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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.

Stories Of Impact

Life after winning the 2020 Goh Soon Tioe Centenary Award: Natalie Koh’s pursuit of a career in musical excellence

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a woman playing a violin

Winning the Goh Soon Tioe Centenary Award in 2020 was a pleasant surprise for talented violinist Natalie Koh, who was not usually recognised for her solo performances and had to prepare for the Award’s audition just after last year’s circuit breaker without any formal instruction.

“I am deeply honoured to have received the Goh Soon Tioe Centenary Award in 2020. Violin playing has always been something that I am very passionate about, although my growth and achievements have not always been a given,” says Natalie. 

“A lot of conscientious and diligent work was put into moulding myself into the musician that I am currently and that I am proud to be.”

Since then, the budding musician has kept herself busy and forged determinedly ahead in her musical career. These included performing in digital concert recordings, teaching the violin at Forte Musicademy as a private violin teacher, and engaging with the special needs community through various community art activities.

Apart from keeping a hectic schedule as a performer, Natalie also spends much time imparting her love of music to the next generation of budding musicians — serving as a Teaching Assistant in her Alma Mater, the Yong Siew Toh Conservatory, and as an Assistant Director for classical music concert recordings and productions by the Singapore Symphony Orchestra, alongside other local organisations.

The promising young musician was also able to present her solo recital at the Awards, for which she was extremely excited and thankful for, as her graduation recital was put off last year due to the pandemic’s restrictions. “Overall, I would say that my recital was a success, and I hope that I fared well as a representative on behalf of the Award and the music community,” Natalie recalls with pride.

The Award’s prize money has enabled Natalie to realise her dreams of going overseas to attain a Master’s in Violin Performance, which will broaden her horizons as a performing violinist, music educator and community artist. She hopes to take the experience and knowledge gained from the two years abroad and expand her musical practice upon her return to Singapore.

Natalie recognises that living and studying in Chicago will prove to be expensive, but with the $10,000 award money, she will be able to defray some of her living costs. With the reduced financial burden, the young musician will be able to focus on learning to the fullest of her abilities in the States.

The Goh Soon Tioe Award has supported yet another promising young musician in paving her way to a brighter future towards a career in music, and adding another valuable gem to the flourishing music scene in Singapore.

“I am deeply thankful for the recognition and the support from the Goh Soon Tioe Centenary Award and the Community Foundation of Singapore. This Award has raised my profile as an emerging musician in Singapore, and I sincerely hope that I can be one to shape and grow the classical music scene in Singapore,” says Natalie.

Read and learn more about Natalie’s first steps into music and how she grew to become the talented musician that she is here.

If you would like to contribute towards the arts or support causes that you are passionate about, please visit our website at https://www.cf.org.sg/

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Stories Of Impact

The Spooner Road Project – Reaching children and youths at the margins

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a group of adults and children posing for a picture

For vulnerable children and youths from disadvantaged families, daily life is often filled with myriad challenges. Many ‘troubled’ children and youths become at risk for delinquency and fail to complete school. Naturally, most of them don’t realise their full potential and may suffer from poor self-esteem or mental health issues.

As one of the few social work agencies with an added competency in educational psychology, Students Care Service (SCS) has an established track record of tackling issues faced by children and youths living at the margins. Today, it reaches over 6,500 children and youths each year through its centres and intervention programmes.

The unique challenges faced by one community along Spooner Road captured SCS’s attention, and led them to start the Spooner Road Project in mid-2015. At a recent site visit, the Community Foundation of Singapore (CFS) and other partners observed the dedication and efforts that are steadily impacting the Spooner Road community.

Located in an enclave of public rented flats in central Singapore, the Spooner Road centre is housed amidst a transient, vulnerable community of over 300 families. Many families often arrive here after losing their home due to financial issues. The physical isolation of these flats, which once served as the dormitories of railway workers, means everyday resources from healthcare to Family Service Centres (FSCs) are not easily accessible here. To help alleviate the difficulties faced by these families, CFS’s donor UBS funded a Foodshare programme where packed groceries were delivered to their doorsteps.

Many of the young living here struggle to access resources to support them as they learn and grow, exacerbated by the lack of spaces for play and constructive supervision by their caregivers.

To address the issues faced in this complex environment, the Spooner Road Centre offers a conducive, homely space for the young to spend time. The centre runs a range of supervised play sessions, study skills sessions, student football and special events, helping to keep these children and youths engaged in positive activities and decrease their risk of delinquency.

Another key area of impact is addressing the school readiness of the children living here. With some falling as far as two years behind their peers, the team at SCS identifies candidates for its Reading Odyssey Programme to help increase reading ability. SCS Social worker Tok Kheng Leng highlights the importance of these timely interventions, “When children first go to school already lagging behind their peers, it’s difficult for them to catch up. One side effect is they start to misbehave. It’s then a downward spiral of being labeled as deviant child.”

In early 2018, the team is looking forward to further bolster their existing efforts in improving school readiness. It’s looking to pilot a new programme, based on recent research, to empower students from disadvantaged backgrounds to achieve academic success. As Centre Director Lee Seng Meng explains, “We’re excited to be piloting these new strategies. If we can garner positive results, it would be very helpful when we work with other communities facing similar challenges.”

Photo: Students Care Service.

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