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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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LIFT (Learning Initiatives for Employment) Community Impact Fund – Turning lives around, one step at a time

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Nothing in life prepares a youth for a negative doctor’s report.

Four years ago, in his second year of polytechnic, Jerry Tan experienced a stroke caused by a brain aneurysm that paralysed the left side of his body. He had to undergo three brain surgeries as well as physical therapy, staying in the hospital for five to six months.

Jerry recounted his experience, “The doctor commented that he was lucky to be alive and even survive without becoming vegetative, as two aneurysms had burst in my brain. However, this incident left me with a limited function of my left arm and affected vision in both of my eyes.”

With his current disabilities, it would have been tough for him to obtain a job, especially since his studies were also put on hold. His turning point came when he received assistance from the Learning Initiatives for Employment (LIFT) Community Impact Fund (CIF). The LIFT Fund, managed by the Community Foundation of Singapore (CFS), provides social enterprise funding to enable disadvantaged groups to obtain training which will make them more employable.

The LIFT Fund had partnered with social enterprises Bettr Barista and Project Dignity, allowing for socially disadvantaged people to obtain subsidies in their training fees and to pick up both hard and soft skills which would better aid them in securing employment. From April 2020 to March 2021, the LIFT Fund saw 115 people to receiving training at either Bettr Barista Coffee Academy or Dignity Kitchen, of which 91 participants completed the full training course. Of those who had successfully completed the course, 73 people were successfully hired, with 55 managing to remain employed for more than three months. Jerry himself was a beneficiary of the LIFT Fund who eventually went on to work in a Japanese restaurant for about a year, before returning to Dignity Kitchen as a cashier due to the impact of Covid-19.

Joyce Teo, Deputy CEO of CFS shared “CFS mainly focused on these two social enterprises as they felt that both enterprises understood the needs of employers in the catering industry and had also achieved certain results in training and job matching for the disadvantaged. CFS hopes to provide them with long-term funding so they can expand their assistance to those in need, as well as conduct more systematic training to strengthen the skills of the trainees.”

She also hopes that more of the public would actively donate to the LIFT Fund and help those in need, especially when they open up the fundraising to their networks. If you would like to support someone in their journey towards sustained employment opportunities, please visit our donation drive on Giving.sg.

This translated article was originally published by Lianhe Zaobao 

Credit: Lianhe Zaobao © Singapore Press Holdings Limited. Permission required for reproduction.  

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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

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

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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.

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.

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The Business Times: EDIS manages CSR like a business

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For many, CSR (corporate social responsibility) has been an extracurricular activity, almost cosmetic in the way it sits outside the realm of real business. However, companies such as Economic Development Innovations Singapore (EDIS) are exceptions, given the way it manages its business – which is collaborative, sustained and in-depth.

EDIS is an international economic development company which undertakes the development and management of integrated industrial and urban areas.

Leveraging on its experience in Singapore, EDIS provides strategic advice to other countries. Innate to its business is the need for a long-term, strategic view, flexibility, and a nimble attitude, which it applies to CSR. Read more.

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