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National Legacy Giving initiative to inspire philanthropic culture in Singapore

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Home Resources News National Legacy Giving initiative to inspire philanthropic culture in Singapore

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National Legacy Giving initiative to inspire philanthropic culture in Singapore

John Doe

Private philanthropy has an important role to play in providing much needed support for the community. The Community Foundation of Singapore (CFS) kicks off this initiative today with “A Greater Gift” campaign, to boost awareness and drive conversations for legacy giving and its value to the community.

According to a Social Pulse Survey 1, there is a disconnect between awareness and action when it comes to legacy giving. While the majority of respondents (83%) flagged awareness on what legacy giving is, only 33 per cent is considering legacy as a means of giving, but only 3 per cent would take action.

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CFS’ “A Greater Gift’’ campaign, which is digitally-led, will run over the next three months, inviting individuals, professional advisors, and charities to consider ways a legacy gift can provide meaningful support and leave a lasting impact. As part of the campaign, CFS has partnered with ambassadors to highlight the causes they support, capturing what inspired their interests in a particular cause and the legacy they wish to leave.

Going forward, CFS will work with professional advisors by providing them with resources to help them ignite conversations with clients. We will support charities, especially the smaller ones, which may not be equipped to engage legacy donors.

Legacy gifts can be broadly defined as planned, future donations to charities. While up to the individual, the gift can be cash, marketable securities, insurance payouts, CPF monies and marketable assets. Individuals looking to support a cause over a period of years can establish a donor-advised fund (DAF) with CFS, to manage grant distributions

CFS was selected to lead the Legacy Giving Initiative with its strong track record and deep experience in advisory and grant making. As a neutral entity not attached to a specific cause, CFS complements the philanthropy landscape by bridging donor intentions to causes and charities.

Mr. Edwin Tong, Minister for Culture, Community and Youth & Second Minister for Law said, “Legacy giving enables Singaporeans to leave a lasting and meaningful gift to society. We hope that more Singaporeans will consider planning their donations for the future, as it can help support our charities, and spread the spirit of SG Cares across generations. Thank you to the Community Foundation of Singapore for leading the Legacy Giving Initiative, and encouraging Singaporeans to contribute to a more caring and inclusive society.”

CFS Brand Ambassadors

Dr. Audrey Looi and Dr. Ang Beng Ti – An eye specialist and neurosurgeon respectively, this husband and wife duo have made it their mission to equip children with low-vision with skills and resources. After personally experiencing a gap in supporting their son who has a degenerative eye disorder, they committed to supporting the visually impaired via iC2 PrepHouse.

Nadia Ahmad Samdin – A lawyer whose own personal journey of receiving financial assistance in school has led her to championing support for at-risk youth and their families, who will particularly benefit from having steady care.

Dipa Swaminathan – A lawyer and TEDx speaker, her passion to improve the welfare of migrant workers here has led her to set up social initiative ItsRainingRaincoats in 2015, which has especially increased society’s kindness and compassion for this community at the height of the pandemic.

Hian Goh – An entrepreneur and venture capitalist who wants to contribute to the future of society by identifying the next big game-changers and creating opportunities for innovators to reach their full potential.

Kris Tan – A philanthropist dedicated to empowering the arts in Singapore. She set up a charitable fund with CFS, Kris Foundation, in 2009 to support young classical musicians in Singapore and will expand it to the wider arts community.

About Legacy Giving

The legacy giving campaign is part of a three-year Legacy Giving Initiative (LGI). This campaign will highlight that everyone can contribute to the community through a legacy gift, either through CFS or directly to a charity. The LGI will build awareness by helping individuals understand the ways to give and the value of planned gifts to charity. It will also support professional advisors working with clients and charities engaging their donors in philanthropy conversations. CFS is well placed to drive this initiative.

As Singapore’s only community foundation, it is a neutral philanthropy resource with experience in grantmaking advisory. Visit legacygiving.sg

1The Social Pulse Survey was started in 2016 as an on-going survey carried out by The Ministry for Culture, Community and Youth (MCCY) to gather Singaporeans’ opinions and involvement with regard to matters such as sports, arts, culture and community living. Each month, about 500 interviews are conducted face-to-face with randomly selected households, and residents aged 15 and over across Singapore. The survey sample is representative of Singapore’s resident population.

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John Doe

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”。

Related Topics For You: CHARITY STORIES, DONOR STORIES, DONOR-ADVISED FUND, LEGACY GIVING, NEWS

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News

Sayang Sayang Fund continues to appeal for donations

John Doe

In less than one week, the Fund received $450,000 in donations and pledges of about $900,000
The Fund aims to raise $3 million by end of April

Last Tuesday (7 April 2020), the Sayang Sayang Fund relaunched fund raising efforts to raise another $3 million to meet evolving and urgent needs of the community to complement the work of local public health, non-profit and government entities with emergency support during the ‘circuit breaker’. This is in addition to the $1.1 million raised since its launch in February.

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Chief Executive Officer of the Community Foundation of Singapore, Ms Catherine Loh gave an update to the fund raising efforts, “In less than one week, thanks to donors from all walks of life, we have received $450,000 in donations. Of this, more than $100,000 was raised through online platforms like Giving.sg. In addition, CFS has received pledges of about $900,000. It is heart-warming that during this difficult time, Singaporeans continue to be generous and stand united to help those who are needy amongst us.”

Joining in to publicise the efforts of fund-raising were artistes like Taufik Batisah, Rui En, Joanna Dong, Irene Ang, Jeremy Monteiro, Gentle Bones, Simone Heng and Jack and Rai – who posted on their own social media platforms to encourage their followers to make donations.

Update on Recess@Home

One of the initiatives announced last Tuesday was Recess@Home, which aimed to provide immediate support for children from disadvantaged homes to have access to daily meals when they are learning at home during the national circuit breaker period.

The Ministry of Education (MOE) announced today that primary school students on the MOE Financial Assistance Scheme (FAS) will receive a total of $60 each, while secondary school students on MOE FAS will receive a total of $120 each.

The Sayang Sayang Fund is happy to update that it will be partnering the Ministry of Education (MOE) and channel $500,000 to provide an additional support of $20 to primary school students. The School Smartcard can be used to purchase food and essential groceries at some hawker centres, food courts, minimarts, convenience stores and supermarkets.

Apart from the partnership with MOE, the Fund’s Recess@Home will continue to provide additional support to other needy students including those with special needs and in tertiary institutions.

New initiative: SeniorsOK@Home

The Sayang Sayang Fund has also confirmed a new initiative, SeniorsOK@Home, which it will embark on in partnership with the Agency for Integrated Care and healthcare-based charities. This initiative provides support for immediate and urgent aid to seniors stranded at home and in need of food, necessities and medical supplies. It also supports digital solutions, such as video conferencing, to continue delivering essential services for seniors at home and online recreational activities to minimise social isolation. In addition, it will fund precautionary measures such as disinfection and sanitisation of premises to maintain quality of care for charities who are providing essential community services to seniors during the circuit breaker period.

About Sayang Sayang Fund

The additional $3 million the Fund hopes to raise will support local charities and non-profits whose programmes and proposals meet three key objectives:

Support community-based emergency response funds that provide immediate and short-term support and relief for individuals and families from marginalised communities adversely affected by the COVID-19 situation.
Provide innovation solutions and research that address current and emerging needs and strategically fill gaps to combat the COVID-19 situation.
Build capabilities that transform operational and/or business continuity processes. This includes measures enabling charitable organisations to pivot service delivery and business models. The ultimate goal is to ensure that recipients continue to access essential support and assistance amid disruptions to programmes and activities.

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John Doe

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

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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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“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/.

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The Peak Power List 2016 honours 10 leaders in philanthropy and social enterprise

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Congratulations to CFS Board member Keith Chua and donor Lim Siong Guan of the Leading Foundation on being selected for The Peak Singapore Power List 2016. This year, The Peak honoured 10 leaders in philanthropy and social enterprise who have worked tirelessly towards building a sustainable future for the public good.

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Stories Of Impact

Seniors Colabs learning journey #1: Empower Ageing – mind over body for a better quality of life

John Doe

Ageing isn’t something most people think positively about. Think of old age and most people – especially seniors themselves – would naturally fixate on the negatives. Yet for young charity Empower Ageing, it’s been changing entrenched mindsets with a series of innovative programmes and solutions – including a clarion call to seniors to ‘go for your mountain’.

On a learning journey for Seniors Colabs, representatives from various sectors joined Empower Ageing at Cornerstone Senior Centre in Cheng San. During the ice-breaking session, Colabs participants were challenged by Empower Ageing’s founder Isaiah Chng to reconsider their assumptions about old age. Instead of viewing old age as a time of disempowerment and frailty, can seniors be encouraged to think differently?

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The morning kicked off with an exercise session conducted by Empower Ageing with over 40 seniors from the community. The session was intentionally crafted to build a sense of empowerment, with facilitators encouraging seniors to take active steps in maintaining their physical health. A lively sense of group camaraderie could be observed, as seniors gathered in groups to support each other in performing a series of exercises designed to enhance their strength and mobility. Designed with the concept of ‘reaxing’, the session featured exercise equipment that trains seniors to physically respond to unpredictable situations in daily life. At times, individual seniors would themselves take the intiative to teach fellow members and newcomers the exercise moves

During the discussions that followed, Colabs participants were impressed by the engagement levels of the seniors, many of whom attend the sessions five times per week. One key learning point for Colabs participants was the importance of collecting and tracking data, so that the seniors could see the tangible physical improvements from the exercise sessions. Another key learning point was the importance of how integrating positive mindsets about ageing helps seniors build confidence and motivation.

Colabs participants were also exposed to new models and concepts of empowering seniors in the community. These include integrating physical rehabilitation with the daily life and environment of the seniors, and the GYM challenge that inspires seniors to go beyond their physical limitations.

Ageing well is critically relevant to all of us – not just those who have already entered into their golden years. The Colabs learning journey empowered participants with a new concept of successful ageing, with a view of applying insights to their own organisations.

Colabs is a philanthropic initiative by the Community Foundation of Singapore and the National Volunteer and Philanthropy Centre. It drives collaboration by bringing together the public, private and social sectors to tackle complex social issues. It enables philanthropists, businesses, non-profits and sector experts to collectively build insights and co-create solutions for lasting change.

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

John Doe

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