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The Business Times: Collective action to meet community needs sustainably
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The Business Times: Collective action to meet community needs sustainably

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AS companies today find themselves caught between the dilemma of limited resources and the compelling desire to create social impact, it is increasingly apparent that the key lies in collective solutions.

Challenges facing our society are ever-changing and usually stem from multiple root causes. Therefore, systemic solutions for such issues need collective knowledge, resources and will.

Credit Suisse, alongside NVPC and Community Foundation of Singapore (CFS), hence formed a working group to provide education for disadvantaged children and CoLABS was launched on Feb 8, 2017.

…..CoLABS is a collaborative platform that enables companies to not only deepen their understanding about education needs but also bring about scalable impact and a platform for risk diversification and creation of innovation solutions. Read more.

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Business Times: Preserving a century-old legacy of giving

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A snapshot of a newspaper Business Times: Preserving a century-old legacy of giving

Following his great-grandmother’s footsteps, Keith Chua set up a charitable fund to carry on his family’s legacy of giving through the generations.

To Keith Chua, the boy, she was the stern matriarch of their large, Peranakan family, to be approached with deference. To the older and bolder teenager, she drew closer – the great-grandmother glad to chat about his day over tea or a shared meal.

But only years after, as an established entrepreneur with a family of his own, did Mr Chua truly feel the impact of her life on his own, thanks to the impact Mrs Lee Choon Guan had had on others.

“It was a rediscovery,” Mr Chua says, about encountering in the pages of a 1920s history book a side to his great-grandmother that he had not known, years after her death in 1978.

Growing up, naturally, he had heard stories from his mother. One of these, about Mrs Lee’s role in raising funds to contribute a fighter plane to the World War 1 effort, made it into a school composition of his on “A Person You Most Admire”.

But it was not till the mid-1980s, after being appointed as a co-trustee to the Mrs Lee Choon Guan Trust Fund his mother started that Mr Chua read for himself the book she had spoken so much about.

Discovering a legacy of giving

“It became quite clear that she was a pioneer in many ways,” Mr Chua, 65, says.

In One Hundred Years’ History of the Chinese in Singapore, he learnt of how, as one of the few Chinese girls to get an English education and a member of high-society, Mrs Lee sought to open doors for other women in the early 1900s.

Also known as Madam Tan Teck Neo, she was the founding president of the Chinese Ladies Association (now the Chinese Women’s Association), running classes for young women and raising funds for charities.

Women and children, healthcare and education – these were causes Mrs Lee cared deeply for. She gave out numerous scholarships to girls, donated to the building of the St Andrew’s Hospital for Women and Children, and funded the activities of the Society for the Protection of Women and Children. For her volunteer work and giving during the First World War, she was the first Chinese woman to be made a Member of the Order of the British Empire in 1918.

Moved by the glimpses of her trailblazing giving recorded in the book, Mr Chua has since acquired an autographed edition that is now a treasured possession for what it symbolises – a legacy of giving to be kept alive.

“To me, the process of discovery, rediscovery, has been a continuing one,” says Mr Chua. The family is still adding to what they know of Mrs Lee’s life and legacy, “all these little pockets of seeds that were planted”. Such as the family giving funds in 1924 to start Katong Girls’ School (today’s Kuo Chuan Presbyterian Primary School) – a fact they only recently stumbled upon.

Among other causes, the trust fund supports tertiary-level programmes on philanthropy at the NUS Business School’s Asia Centre for Social Entrepreneurship and Philanthropy (ACSEP).

Down through the generations
In 2011, he set up the Mrs Lee Choon Guan Fund with the Community Foundation of Singapore (CFS) to carry on his family’s legacy of giving through the generations. Managed as an endowment, the fund’s principal amount is invested and income earned is then given to various causes.

The aim is not merely to build historical knowledge, but to perpetuate the legacy of giving. “I have the opportunity, at this point in time, to put some thought and action into encouraging the continuation of her legacy. So that, hopefully, it will continue with some degree of active participation by future generations,” says Mr Chua.

“In continuing the legacy of my great-grandmother, I looked at how she approached philanthropy in her time and tried to include some of her practices in what I’m doing today. It has indeed come full circle.”

Some of the causes the fund supports today bear the mark of Mrs Lee’s charitable interests – education and healthcare initiatives. Others reflect evolving needs in society that Mr Chua himself is passionate about.

Indeed, Mr Chua is known as much these days for his work in philanthropic circles as he is in business ones.

The executive chairman of ABR Holdings, which owns Swensen’s and Chilli Padi among other food and beverage brands, Mr Chua is also managing director of the Alby group of companies in Singapore and Australia. He hails from a line of businessmen too – his grandfather, the late Chua Cheng Liat, is one of the Chua brothers behind car dealership Cycle & Carriage.

Today, actively involved in various community, church and missions agencies, he sits on the boards of the National Council of Social Service and CFS.

“Part of why I’m doing this today, is in the hope that the wider family, beyond just my siblings and children through to my cousins, my nephews and nieces, and their children, will come to appreciate the legacy that my great-grandmother has left for all of us.”

Apart from his great-grandmother, Mr Chua cites the influence of his parents’ generosity and his Christian faith as two other defining forces behind his philanthropy journey.

“[With my parents], it wasn’t so much them saying, ‘This is how you do it.’ It was watching them in action, responding generously to requests for help, seeing how they lived their lives,” says Mr Chua.

And that was the starting point for him and his wife too: sharing with their four children what they do and why, modelling a life of giving in the hope that their children would themselves see the value of giving.

One reason Mr Chua decided to set up the fund with CFS was to ensure that future generations would be able to continue the family’s philanthropic work. He says, “The objective of CFS flowed nicely with ours of wanting to continue the legacy of giving. It allows family members to be involved and ensure that funds for the community will carry on.”

Taking it a step further, he has been intentional about involving his children, whose ages now range between 22 and 32, in his philanthropic engagements. In recent years, this has included trips across Southeast Asia to learn from and explore partnerships with non-profits, charities and social entrepreneurs.

Having sown those seeds, he has since had the satisfaction of watching each child “doing something in their own way”, whether via professional or personal pursuits, to give to the community.

An evolving philosophy of giving
Mr Chua says his own approach to philanthropy has evolved over the years.

From viewing philanthropy primarily as responding to appeals for monetary gifts, he began getting involved with charities and volunteering his time. That involvement got him thinking about how he could make a difference with his own skills.

“Coming from a business, finance background, I felt I was able to bring that to the area of social entrepreneurship to encourage entrepreneurship, and help to share business models, my personal experiences,” says Mr Chua.

Asked what he has gained from years of intentional giving, Mr Chua is first introspective: “I would like to think that the engagement in all these years of philanthropy has gradually moved me from thinking more of myself, to thinking more of others.”

“Along with that, of course, is that it brings a wonderful feeling if you can bring joy and help someone else,” he adds.

“I believe everyone can give. Whether in terms of resources, time or talent… I would embrace all forms of participation. The most important thing for me is to encourage others to take that first step, whatever that first step is.”

Looking forward, Mr Chua says, “The seed of philanthropy was planted by the generations before me. Now, with the structure of CFS, the funds will carry on past my lifetime. Once you’ve set certain things in place, you can bring the next generation along for the ride, and trust them with the responsibility when it’s their turn.”

After all, Mrs Lee Choon Guan’s first steps into philanthropy led to her leaving a century-old legacy of giving that has spanned four generations and, if Mr Chua has his wish, countless more to come.

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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Stories Of Impact

#MyGivingJourney x Trina Liang-Lin: Investing in a sustainable future 

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#MyGivingJourney is a series by CFS to celebrate inspiring women and their work in the philanthropy sector. We are proud to feature Trina Liang-Lin, Managing Director at Templebridge Investments and Board of Director at CFS. 

Trina had a back to nature, farm to table experience growing up. Right up to the late 80s, her father’s family-owned farms in Lim Chu Kang, raising chickens, ducks and cultivating vegetables. That gave her a front row seat to the benefits of producing our own food and using natural resources thoughtfully.  

Today, Trina is investing her time and resources to push eco-consciousness to the top of our agenda. In November 2021, she led the launch of Women in Sustainability and Environment (WISE), the first women’s society in Singapore to focus concerted gender action towards Singapore’s Green Plan 2030 and the United Nations’ Sustainable Development Goal 12. 

WISE hopes to educate and empower a community of women who, in their roles as consumers, business owners and professionals, can move the needle on creating a greener world. This will be done through lectures, mentorships and awards. “Climate change disproportionately affects women and girls around the world so it is important for women to be represented in eco leadership circles and in green economy jobs. We need greater participation, inclusiveness and visibility of key female stakeholders in sustainability and climate advocacy,” says Trina, who works for a US$5 billion global fund where she focuses on clean energy investments in Southeast Asia. 

Trina has been elbow-deep in social and community work for much of her professional life. The causes she champions are decidedly diverse: she has given her time and expertise to uplift women, the arts, education and animal welfare. She helped found the Financial Women’s Association Singapore, which offers women in finance a support network, and was a past-President of UN Women (Singapore). She is currently Singapore’s representative to the G20 for Women.  

Her giving journey has seen her serve on the boards of the National Volunteer and Philanthropy CentreSingapore Council of Women’s Organisations and Sentosa Development Corporation. In line with her passion for conserving wild species and their habitat, she currently volunteers on the boards of the World Wildlife Fund for Nature (WWF-Singapore) and the Society for the Prevention of Cruelty to Animals. That’s not all: Trina is also a board member of Victoria Junior College and the Singapore Repertory Theatre.  

For their 20th wedding anniversary in 2016, Trina and her husband Edmund Lin established a foundation to give back in a more strategic and effective way. They explored different avenues but opted to go with CFS as it works closely with over 400 charities across a wide spectrum and can establish philanthropic funds seamlessly and quickly. Their Lin Foundation has supported causes that resonate with them, such as education, where they fund scholarships at Singapore Management University.   

“We decided to start giving back relatively early as we want to start making an impact now rather than later,” says Trina. “This is a long-term commitment for us and with CFS expertly guiding us in managing a foundation and making grants, our giving is optimised and can be scaled up further.” 

Begin your own journey of giving with CFS. Read more stories about the #MyGivingJourney series here. 

This article was written by Sunita Sue Leng, a former financial analyst and journalist, who believes that the written word can be a force for good. She hopes to someday write something worth plagiarising. 

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Stories Of Impact

A Donor’s Journey: Learn how we are partnering The Maanas Cares Foundation to Leave a Legacy of Positive Change

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Philanthropy is more than just a gesture of goodwill; it’s a journey towards making a lasting impact on society. For the founders of the Maanas Cares Foundation, Manoj, Sreevidhya and their children, Aditya and Nitya, this journey began with a vision of creating a legacy of compassion and support for those in need. Partnering with the Community Foundation of Singapore (CFS), they have transformed their philanthropic aspirations into tangible action, supporting a range of causes that are close to their hearts.

Founders of the Maanas Cares Foundation, Manoj and Sreevidhya, with their children, Aditya and Nitya

Philanthropy is more than just a gesture of goodwill; it’s a journey towards making a lasting impact on society. For the founders of the Maanas Cares Foundation, Manoj, Sreevidhya and their children, Aditya and Nitya, this journey began with a vision of creating a legacy of compassion and support for those in need. Partnering with the Community Foundation of Singapore (CFS), they have transformed their philanthropic aspirations into tangible action, supporting a range of causes that are close to their hearts.

 

For over two decades, the founders of the Maanas Cares Foundation have given to charitable causes. A few years ago, they decided to deepen their impact, to make a more significant and enduring contribution that would extend beyond their lifetimes. As working professionals at the peak of their careers, they found it challenging to dedicate the necessary time to support these activities. This led them to seek out an organisation with a proven track record to handle the administrative aspects of their philanthropic efforts. That’s when they discovered CFS.

 

“We were struck by how well CFS’s mission and ideals matched our own goals for philanthropy,” they said. “This alignment inspired us to explore possibilities with CFS, leading to the creation of the Maanas Cares Foundation. This partnership has allowed us to channel our passion and resources towards causes that are close to our hearts, ensuring that our contributions make a tangible difference to the lives of others.”

Passion-Driven Philanthropy

The Maanas Cares Foundation focuses on three main causes: supporting seniors, caregiver support, and education. Each of these areas holds personal significance for the founders.

In a rapidly ageing society like Singapore, the well-being of seniors is a growing concern. “We have seen how some elders, without immediate family support, find solace in old age homes,” they explained. “This has fuelled our determination to support the well-being of seniors and caregivers, addressing both health issues and social isolation.”

Education, another key focus, is deeply rooted in their family values. Having several educators in the family, they have directly experienced the profound impact of education. “Access to quality education can empower individuals to overcome adversity, break the cycle of poverty, and build brighter futures,” they said. “We want to provide support to the less privileged, enabling them to explore the world beyond their circumstances.”

CFS has played a pivotal role in enabling the Maanas Cares Foundation to pursue these passions. With the guidance of a dedicated philanthropy advisor, the donors have gained a comprehensive understanding of Singapore’s charitable landscape. This knowledge has informed their decisions, allowing them to strategically allocate resources to areas where there is the greatest need.

Leading & Empowering the Next Generation


Determined to leave a legacy of compassion and empathy, and to educate the future generation about charity, the founders have also brought their children on this journey.

They also recently established a named, endowed bursary at Republic Polytechnic, marking a significant step in their legacy giving. “We firmly believe in the transformative power of education,” they said. “By supporting students at Republic Polytechnic, we aim to empower individuals who may otherwise lack the resources to pursue higher education.”

The endowed bursary aims to break down financial barriers, enabling deserving students to pursue their academic and career aspirations without the burden of financial constraints. “We envision a future where talented individuals from diverse backgrounds have equal access to educational opportunities,” they said. “We hope our legacy gift will inspire others to join similarly in supporting education and creating positive change.”

Strategic Giving for Lasting Impact

One of the significant advantages of partnering with CFS is the flexibility and efficiency of the Donor-Advised Fund (DAF) structure. This structure allows the Maanas Cares Foundation to fund their foundation when it is most convenient, such as during times of bonuses or capital gains. CFS handles all the administration, providing a seamless and efficient process.

Reflecting on their journey with CFS, the founders highlighted several key takeaways:

  1. Ease and Speed of Setup: “The process of setting up and running our foundation with CFS was remarkably simple and swift. Even during the pandemic, everything was managed virtually and smoothly.”
  2. Informed Decision-Making: “CFS provided us with a menu of choices – causes that needed support. They offered detailed information on each cause, helping us make informed decisions quickly.”
  3. Impact Monitoring: “CFS provides a ‘report card’ at the end of the year, detailing how our contributions were used, and the outcomes achieved. This transparency allows us to evaluate the impact of our giving and plan future contributions more effectively.”

Words of Wisdom for Aspiring Philanthropists

To those considering starting their philanthropic journey, the founders of the Maanas Cares Foundation offer the following advice:

  1. Start Small but Start Now: “Don’t wait until retirement to begin your philanthropic journey. The best time to start is during the peak of your career when you are earning the most.”
  2. Reflect on Your Passions and Values: “Identify the causes that resonate with you and align your contributions accordingly. This will make your giving more meaningful and impactful.”
  3. Choose a Reputable Partner: “Partnering with an organization like CFS can simplify the process and ensure your contributions are managed effectively. Their expertise and support can help you make a lasting impact.”

Embarking on a philanthropic journey with the Community Foundation of Singapore has enabled the founders of the Maanas Cares Foundation to create a legacy of compassion and support. Their story is a testament to the power of strategic giving and the profound impact it can have on society. By sharing their journey, they hope to inspire others to join them in making a difference, creating a brighter and more equitable future for all.

Get in touch to speak to us about how you can tap on CFS’s expertise for your giving journey.

 

#DONORSTORIES #DONOR-ADVISEDFUND #STORIESOFIMPACT #AGEINGWELL #CAREGIVERSUPPORT #ASSESSINGQUALITYEDUCATION

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Stories Of Impact

The REDAS Solidarity Project Fund: Caring for migrant workers affected by COVID-19

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Among the vulnerable communities in Singapore impacted by COVID-19, it is the community of migrant workers who have toiled invisibly to help build our nation that has been very heavily affected. Infection amongst their community has been widespread, and a large number of them are confined to their dormitories, unable to leave.

It is thus very encouraging that the Singapore government and many other organisations have stepped up to give assistance and support to them in their isolation.

To help ease their plight, the Real Estate Developers Association of Singapore (REDAS) announced on 30th April the launch of the REDAS Solidarity Project Fund. Its aim is to provide aid and relief to the segments of the community most affected by COVID-19, particularly in the built environment sector where many migrant workers are employed.

So far, more than 50 REDAS members have contributed $760,000 to the Fund, which was also launched to show appreciation for Singapore’s healthcare workers.

Through collaboration with the Community Foundation of Singapore (CFS) and other partners such as the Ministry of Manpower (MOM) and Urban Redevelopment Authority (URA), REDAS was able to promptly roll out the initiative to demonstrate our community’s stand for Singapore’s migrant workers.

“Our migrant workers are the cornerstone of society and it is important to recognise their valuable contributions,’’ says Deputy CEO of CFS Joyce Teo. “CFS fully supports such efforts to ensure that they receive the best possible assistance during their time of need. ’’

To mark the start of their giving, REDAS distributed 200,000 care packs to as many workers in factory-converted dormitories through the Migrant Workers’ Centre (MWC). These care packs will include toiletries such as toothbrushes, toothpaste, a shaver and a bar of soap. In addition, 800 standing fans will also be donated to dormitories to help improve ventilation for the workers.

“Given the large number of migrant workers under quarantine in dormitories, there is great urgency for us to meet their essential needs amid the COVID-19 pandemic,” says REDAS President Mr Chia Ngiang Hong. “We hope this collective effort to spread a little kindness to the migrant workers will provide the much needed emotional support to help them ride out this difficult period.”

The May Day Gift event to distribute the care packs was graced by National Trades Union Congress (NTUC) Secretary-General Mr Ng Chee Meng, and joined by URA Chief Executive Lim Mr Eng Hwee, REDAS President Mr Chia Ngiang Hong and MWC Chairman Mr Yeo Guat Kwang.

“We are very happy to have REDAS partner with us to support our migrant workers in the factory-converted dormitories,’ says MWC Chairman Yeo Guat Kwang. “We are really very thankful to everyone for giving a helping hand to our migrant workers in this challenging time.”

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
admin bluecube

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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