News
The Community Foundation of Singapore to lead legacy giving initiative
wavy line banner

News

News

The Community Foundation of Singapore to lead legacy giving initiative

Picture of John Doe
John Doe
An Asian family enjoying quality time together, sitting on the lush green grass in a serene park setting.

The Community Foundation of Singapore (CFS) will be leading the legacy giving initiative and partnering with key stakeholders to grow the giving culture in Singapore.

As Singapore’s only community foundation, CFS is fortunate to build on over 11 years of experience, to bring donors, charities and other stakeholders together. Donors have already trusted CFS with over $160 million in donations. More than one-third of these are legacy gifts, which are used to support causes across different sectors, including health, education, research, arts, social and welfare services.

The three-year initiative, which will be launched in the latter half of 2020, aims to reach out to three audiences: donors, professional advisors and charities.

Legacy is a broad concept. Legacy gifts refer to planned, future donations. This could include cash, marketable securities, insurance policies, CPF monies and marketable assets such as real estate. Legacy gifts are far more than planned donations from a person’s assets after death. They can mark important moments in life and honour the memory and achievements of a loved one. Anyone can make a legacy gift.

Donors interested in making legacy gifts today want more knowledge to make informed choices and accountability for their gifts. CFS will address these needs by promoting awareness, building and sharing knowledge and supporting action. CFS will provide choices and trusted advice to make gifts meaningful and impactful for future generations.

We will also reach out to professional advisors on ways and tools to help their clients structure their giving. CFS will help charities tap into legacy giving to enable sustainability and augment service delivery to their beneficiaries.

“We look forward to working with partners to co-create the future and strengthen our culture of care. Together, we can dream of a future where thinking about one’s legacy and discussing planned gifts in everyday conversations are no longer the exception, but part and parcel of our giving culture,” said Catherine Loh, CEO of CFS.

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/.

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.

Stories Of Impact

#MyGivingJourney x Nadia Ahmad Samdin: Changing the game for giving  

Picture of John Doe
John Doe
portrait of nadia

CFS’s #MyGivingJourney series portrays extraordinary women and their efforts in philanthropy. This story features Nadia Ahmad Samdin, CFS’s legacy giving ambassador and a woman who wears many hats. 

Many who donate to charity often ask: For every dollar they give, what good actually comes of it? Nadia Ahmad Samdin believes increasingly, we will be able to answer that. In a world where tracking usage is commonplace – from our phone use to carbon footprint– a data-driven approach to philanthropy could be a game-changer. The Community Foundation of Singapore (CFS) aligns with Nadia’s belief and strives to be a trustworthy organisation that is transparent and accountable.  

Nadia is Counsel & Project Leader at Tri-Sector Associates, a pioneering social enterprise that is finding innovative ways to solve complex social problems. In June 2021, Tri-Sector launched the first Social Impact Guarantee (SIG) with the Lorinet Foundation, TL Whang Foundation and the YMCA for its Vocational and Soft Skills Programme, which helps empower vulnerable youths. But here’s what’s pivotal: the SIG offers donors a money-back guarantee if targets are not met. This outcomes-based funding is relatively new but is gaining traction with impact-minded donors who focus on what works and are willing to provide capacity building support to charitable organisations, Nadia says.   

Community has defined Nadia’s life from a young age. She began volunteering when she was in secondary school and by her 20s, her calendar was full serving with community initiatives such as the Singapore Council of Women’s Organisations, Lembaga Biasiswa Kenangan Maulud (an IPC), the South East Community Development Council and the National Youth Council. 

After graduating from Singapore Management University, Nadia embarked on a career at TSMP Law Corporation. Her six years in corporate law taught her to “bridge divides, come up with creative solutions and put myself in others’ shoes to work towards outcomes which are mutually agreed upon”, she says.   

In 2020, she became a member of parliament for Ang Mo Kio GRC, making the 31-year-old one of Singapore’s youngest parliamentarians. Nadia has also served as a panel adviser to the Youth Court and worked with girls who have done reformative training. These diverse experiences have made her an authentic voice on issues close to her heart such as youths at risk, mental health, inequality and the environment.  During her free time, she also participates in marine clean-ups, including as a volunteer diver with Our Singapore Reefs, a ground-up initiative formed by marine biologists with an interest in coral conservation.   

Nadia is also a legacy giving ambassador for CFS’s A Greater Gift campaign, which is rallying Singaporeans to leave a legacy through planned charitable gifts. CFS works with donors to structure their giving so that people can leave insurance monies, CPF savings, marketable securities and even tangible assets to the causes they care deeply about.   

You don’t need to have very deep pockets to make a transformative and lasting impact, Nadia emphasises. “As someone who went to school with the help of financial assistance, I know how precious it is to be given an opportunity by someone who believes in you,” she says. “Everyone can make a difference,” says this young changemaker. “Start where you are, Use what you have, Do what you can.” 

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. 

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.

Beyond One-Time Giving: Creating Lasting Impact

A poster for the Giving Week event, showcasing the spirit of generosity and community involvement.

SG Cares Giving Week (1-7 December) celebrates the spirit of giving. This is the time to share your time, talent, treasure and voice to support causes that you are passionate about, in all ways, big and small.

If you are considering making more lasting contributions that go beyond a single donation, CFS can help you transform your giving. Here are some ways in which you can make giving a sustained way of life:

  1. Get involved in philanthropy by setting up a donor-advised fund
    The philanthropic ecosystem can be a complex terrain to navigate. If you’re considering embarking on a philanthropy journey, setting up a donor-advised fund (DAF) with CFS is an excellent starting point. You could also invite several friends or family members to start a DAF together!Our philanthropy advisors will help you understand the needs of vulnerable groups and how you can make an impact in Singapore. You decide which causes to support and how much funding to provide. We handle the administrative details of grant-making, allowing you to concentrate on making the difference that truly matters to you.

    To learn more about setting up a DAF, visit How to Get Started

  2. Use your time and talent to make a difference
    If you are looking to make an impact with your skills and spare time, volunteering with a non-profit organisation is a great way to do this. At CFS, we are passionate about raising awareness about various causes through a variety of channels. Whether you’re a proficient writer, skilled photographer, or possess other creative abilities, your involvement can help us craft compelling content and engaging multimedia that drives our mission forward.

    You can find out more details here:   Content Writer , Photographer/Videographer

  3. Leave a legacy for future generations
    Each of us holds the power to create a lasting legacy by designating a portion of our financial assets in our will or trust. By choosing to leave a legacy gift with CFS, you pave the way for future generations to carry forward your values and aspirations for the community beyond your lifetime. It is a way to ensure that your impact on causes you care about resonates long into the future.

    You can also establish a donor-advised fund in the name of a loved one. A memorial fund is a wonderful way to honour their legacy and continue their work.

    It is never too early to plan your legacy gift. To learn more about legacy giving, visit https://www.legacygiving.sg/

    SG Cares Giving Week is a key initiative of the national SG Cares movement held annually from 1 to 7 December, that celebrates the spirit of giving and seeks to make giving part of our way of life. It is organised by the National Volunteer & Philanthropy Centre (NVPC) in collaboration with SG Cares Office and National Council of Social Service (NCSS). Support the movement at givingweek.sg.
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”。

Opinion

Helping Earthquake Victims in Türkiye and Syria: Ways to Donate

Picture of John Doe
John Doe
a group of people moving a pile of rubble

The earthquake that struck Türkiye and Syria on 6 February 2023 has become one of the top 10 deadliest earthquakes ever. Over 41,0001 people have been killed (as of 15 February), a death toll the United Nations expects will eventually exceed 50,0002. The 7.8 magnitude earthquake occurred near the border of the two countries. Since then, more than 2,000 aftershocks have pummelled the devastated region.

The widespread damage to buildings and infrastructure has left millions of people without homes, access to clean water, and basic necessities.3 The disaster has also led to countless casualties and injuries. First responders from all over the world are working tirelessly to save lives. However, with each passing day, the focus is turning from search and rescue to helping the survivors in desperate need of aid.

Local authorities and international aid groups have rushed to mobilise humanitarian aid, including food, shelter, medical supplies, and clean water. UNICEF estimates that millions of children in the affected regions are in need of urgent humanitarian assistance.4 The massive scale of the disaster, however, has stretched their resources thin. There are other serious challenges: freezing temperatures and snow have hampered logistical operations.5

Donations have generously poured in for non-profit organisations providing disaster relief in Türkiye and Syria. In Singapore, there was an outpouring of support through in-kind donations of warm clothing, blankets, diapers, baby food, and other supplies to the Turkish embassy. The Turkish embassy has since stopped accepting such items and encourages Singaporeans to make monetary donations instead, given the manpower and logistical challenges in processing and sending items to Türkiye.6

The sombre reality is that this crisis will have a “long tail”. Humanitarian aid groups warn that the earthquake will have an aftermath of needs that will require donations for months, or even years, after the initial aid missions end.7 For donors in Singapore, the Community Foundation of Singapore (CFS) is your trusted advisor on how best to deploy your generosity to make a difference to earthquake victims now and beyond. 

For donors who prefer to donate directly to non-profit organisations that are providing aid on the ground, we recommend the following bona fide organisations:

Singapore Red Cross

Established in 1949, the Singapore Red Cross is the global humanitarian organisation’s local arm. It is a credible, transparent, and time-tested charity with a long track record of providing humanitarian aid and responding to emergencies. It is looking to raise $5 million for the Türkiye-Syria earthquake, which will support the needs of those affected by the disaster, including emergency shelter, first aid and food.

Mercy Relief

Headquartered in Singapore, Mercy Relief was established in 2003 to respond to human tragedies and disasters in the Asia Pacific region. Today, it is Singapore’s leading independent disaster relief agency with dedicated leadership, capacity-building expertise, and an affiliate network operating across the entire disaster management cycle. Mercy Relief has launched a fundraiser for the earthquake with a target of $100,000. The money will provide hot meals, ready and instant food, drinking water, hygiene kits, blankets, and shelter tents to the worst affected and vulnerable families.

Philanthropy can play a pivotal role in alleviating the worst of natural disasters. At CFS, we are encouraged by how so many have stepped up to help victims of the Türkiye-Syria earthquake. However, much more needs to be done, given the scale of this tragedy. With our donor-advised funds (DAFs), we enable donors to respond better to unexpected needs. By pooling our resources, knowledge and experience, we convene donors, charities and other organisations in the community to quickly support those in need.   

To learn more about our DAFs, please click here.

References: 

    1. BBC. (15 February 2023). Women pulled alive from Turkey quake debris nine days on. https://www.bbc.com/news/world-middle-east-64653216
    2. Deutsche Welle. (12 February 2023). Turkey-Syria earthquakes: UN expects death toll above 50,000.
      https://www.dw.com/en/turkey-syria-earthquakes-un-expects-death-toll-above-50000/a-64677847
    3. Channel News Asia. (15 February 2023). Nine survivors pulled from Türkiye’s rubble as earthquake death toll passes 40,000. https://www.channelnewsasia.com/world/nine-survivors-pulled-turkiye-turkey-rubble-syria-earthquake-death-toll-passes-40000-3277481
    4. The New York Times. (14 February 2023). Quake Updates: Toll in Turkey and Syria Surpasses 40,000 Dead. https://www.nytimes.com/explain/2023/02/14/world/turkey-syria-earthquake
    5. Deutsche Welle. (11 February 2023). Turkey-Syria earthquakes: Grief ‘slowly giving way to anger’.
      https://www.dw.com/en/turkey-syria-earthquakes-grief-slowly-giving-way-to-anger/a-64672674
    6. Channel News Asia. (9 February 2023). Singaporeans flood donation centre with supplies in outpouring of support for Türkiye-Syria quake victimshttps://www.channelnewsasia.com/singapore/singaporeans-flood-donation-centre-supplies-outpouring-support-turkiye-syria-quake-victims-3266161
    7. The Guardian. (12 February 2023). Turkey-Syria earthquake: death toll rises to 33,000; baby girl rescued alive after 150 hours, Turkish health minister says – as it happened. 
      https://www.theguardian.com/world/live/2023/feb/12/turkey-syria-earthquake-latest-news-updates-death-toll
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.

Trending Stories

Scroll to Top