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The Law Gazette – Make Giving Better: The Role of the Community Foundation of Singapore
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The Law Gazette – Make Giving Better: The Role of the Community Foundation of Singapore

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Make Better Giving write up 1
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Asia’s billionaires are getting ready to hand over to the next generation, and Singapore is benefiting from the rush to set up new or satellite family offices with an increased focus on philanthropy and impact investing.

In recent months, Horizon Ventures, a private investment firm associated with Hong Kong billionaire Li Ka-shing opened an outpost in Singapore.* Oppenheimer Generations, the family office of former De Beers chairman Nicky Oppenheimer, is also in Singapore while Bridgewater Associates founder Ray Dalio and Google co-founder Sergey Brin both set up shop in late 2020.

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News

New office for S’poreans to partner the Government and give ideas

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CFS is pleased to be a part of Forward SG, as we build our shared future, together.

We know that collective effort – through financial support, knowledge-sharing, and community collaboration – is the bedrock of a stronger, more inclusive society.

As part of the Forward SG movement, CFS will rev up our mission to forge stronger connections between generous donors and local communities, inspiring those who’ve thrived to give back, create a positive ripple effect in our community – and strengthen our social compact.

Donations will be channelled to where they’re needed most, paving the way for enduring, meaningful change. Read the news below to learn more about the latest Forward SG updates.

To spur civic participation, a new office will be set up to create more space for Singaporeans to work with the Government.

The Singapore Government Partnerships Office, one of the recommendations of the Forward Singapore report, will lead national efforts to engage citizens who want to contribute, by facilitating interactions between them and relevant government agencies.

The office is part of a broader shift to empower people to take individual and collective actions, in the hope that building a shared future will foster unity.

“We recognise that there are some areas where it may be better for the Government to step back and allow more space for citizen participation,” said the report. 

“We will therefore introduce new ways to promote civic participation. We will also support more ground-up efforts by Singaporeans to shape and improve their communities.”

The Government will actively seek input and work closely with all stakeholders and partners, said the report prepared by the fourth-generation political leaders led by Deputy Prime Minister and Finance Minister Lawrence Wong.

Besides creating more avenues for civic participation and ground-up efforts, the report also sketched out ways to nurture a stronger culture of giving and for people to support their fellow Singaporeans.

The recommendations follow the 16-month-long Forward Singapore exercise that saw more than 200,000 Singaporeans contribute their suggestions. 

At a press conference on Friday, Mr Wong said: “This is more than just an engagement exercise. It’s really a partnership effort… between Government, people, community groups, employers, businesses, (it) encompasses our tripartite partnership.

“It’s really a whole-of-Singapore partnership, and that’s the only way that we can implement these big moves and these big shifts together.”

Ultimately, the aim is to build a vibrant, thriving and resilient society where the broad middle enjoys progress, the vulnerable receive care, and the better-off do their part to improve the lives of fellow citizens, said the report.

“We ask that Singaporeans step forward to give back to our society, especially those who have done well and benefited from the system,” it added. 

This could be through financial donations, contributing knowledge, or working with community organisations. 

To this end, a new programme will be introduced to better connect donors to local communities and channel donations to where they are needed over a sustained period.

This will be done in collaboration with the Community Foundation of Singapore and Community Chest.

For example, a donor could support the educational needs of children from several lower-income families not just financially, but also in the areas of mentorship, internship and job opportunities, to help build their social capital and networks.

Businesses can also do more for the wider community, said the report.

It held up business leaders-turned-philanthropists such as Hajjah Fatimah, who donated land to build the Hajjah Fatimah Mosque, Govindasamy Pillai who set up the Ramakrishna Mission charity, and Tan Tock Seng, who donated money towards the building of what became Tan Tock Seng Hospital.

To guide companies in designing business practices and operations that can benefit society, the National Volunteer and Philanthropy Centre has set up the new Company of Good strategy, and 55 companies have adopted this corporate purpose framework.

Young people can give their views on policies through youth panels that were launched in May. These panels will look into financial security, careers and lifelong learning, digital well-being, and environment and sustainability. 

Mr Wong said some of the top issues for youth that surfaced during the Forward SG exercise were jobs and career choices, mental wellness and sustainability.

“There was a very strong sense of wanting to give back and support others who are less fortunate,” he said, adding that a group of young people worked closely with the Ministry of Social and Family Development team to come up with recommendations to uplift lower-income families.

Another aspect of fostering unity involves strengthening multiracialism and the Singaporean identity, said the report, adding that the Government will do its part by continuing to expand spaces for more interactions between different groups. 

More will be done to promote collaborations between the various self-help groups, and to encourage more Singaporeans to be involved in racial harmony programmes in the community, said the report.

It noted that sustained effort to sensitively manage the difficult issues on race and to create shared experiences through school, and community and national events, has allowed Singapore to enjoy several decades of racial and religious harmony.

“But we must have the humility to acknowledge that our multiracialism is still a work in progress,” it said.

Even as more avenues will be provided for people to contribute ideas, the report said, not all ideas can be accepted and, sometimes, there may be differing views on how to achieve an outcome.

In such cases, the Government will explain its considerations, and take the “practical and pragmatic” approach by looking at data and evidence and considering the circumstances and context before deciding on a way forward.

“Such differences are not so fundamental because our ends are the same, and it is a matter of working out the best approach to take,” said the report.

From Friday to Sunday, Singaporeans will be able to learn more about the initiatives in the report at the Forward Singapore Festival at Silver Garden – Silver Leaf at Gardens by the Bay. After this, the festival roadshow will make its way to various heartland locations until Jan 28, 2024.

There will be exhibition booths on the key policy shifts highlighted in the report, an interactive booth where people can create their own avatars to discover what the shared future holds, and a holographic booth where they can make pledges for Singapore.

Read more about the Forward Singapore report.

 

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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Opinion

4 Critical Educational Gaps for Disadvantaged Children & Youth in Singapore

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a group of people sitting at a table with a group of children

While abilities and talents are distributed equally across the population, access to educational resources is often not. Children from low-income families are the ones who pay the price. Without the right educational opportunities, they underperform in school and end up with lower-paying jobs. Studies show that students from low-income families are more than four times as likely to be low performers than their affluent peers. (OECD, 2016) Without intervention, this cycle of income inequality will persist.

The growing special needs community is also in need of our urgent attention. One key area that we highlight is the need for integration with mainstream students. There needs to be greater awareness about creating better school and work opportunities for this community while preparing them to function independently as adults.

In this article, we highlight critical educational gaps for disadvantaged and vulnerable children and ways to level the playing field and improve their opportunities for social mobility.

#1 Funding for Early Education

The pre-school landscape presents over 1,900 childcare centres and kindergartens. They offer a wide-ranging fee structure that can range from a few dollars to over S$2,000 a month, depending on whether they are full or half-day programmes and with or without subsidies. 

During these early childhood years, pre-school education provides the foundation for children. It helps them develop the confidence and social skills to get them ready for formal education. However, low-income families may struggle even with subsidised fees. 

Children from families that can set aside additional resources for pre-school education have more opportunities to strengthen their social and behavioural skills than those from disadvantaged backgrounds. As the child is placed into a learning environment earlier in pre-school, they are weaned into the academic lifestyle earlier, which also aids their performance in formal education. Studies show that social-economically advantaged children in Singapore outperformed disadvantaged students in reading by 104 points. (PISA, 2018

While pre-school education is not compulsory, it is critical to ensure that all children get off the starting block of formal school without too much difficulty. Therefore, parents must understand the importance of pre-school education and available financial assistance schemes. It ensures that the children have access to critical education in their formative years.

#2 Developing Life Skills

A child’s home environment has a powerful impact on school readiness. Parents or caregivers in low-income homes tend to be busy working or absent; they have little time to support their children’s learning needs. Children often do not receive the stimulation they need and do not learn the social skills required to prepare them for school.

The resulting lower self-confidence, lower motivation, and reduced resilience pose further obstacles in their struggle for social mobility.

Activities such as team sports, drama, and public speaking encourage interaction. They are great for boosting confidence, self-esteem, and socio-emotional skills. We need funding for programmes to provide alternative avenues for these children to develop these essential skills.

#3 Rising Cost of Higher Education

Education has not been spared, with consumer prices increasing steadily over the years. 

Singapore’s average annual education inflation rate from 2001 to 2021 was 2.87%. Higher education, specifically polytechnic diploma fees, rose 20% between 2015 and 2022. The average cost of a 3-year polytechnic education is close to $37,000. (MOE 2022)

Although statistics show that a polytechnic graduate earns 1.4 times more than an ITE graduate, many students will not choose to study at a polytechnic. One reason for this is due to the high school fees. Those who do may drop out of school for the same reason. 

Even with existing public financial aid programmes, students from financially disadvantaged backgrounds still struggle to pay their school and living expenses. More financial assistance from the private sector, in the form of pocket money, bursaries, or scholarships, will help these students bolster the shortfall in higher education expenses.

#4 Lack of Integration

For the special needs community, a critical piece that is sorely lacking is inclusivity. Special education schools are separate from mainstream schools in Singapore, and students do not intermingle.  However, research shows that special needs children benefit from interacting with peers with stronger academic abilities. This benefit goes both ways, as children who have interacted with people with special needs from young develop greater empathy and respect for diversity. (Association for Psychological Science, 2014).

This is a strong push for special education and mainstream schools to work together to create opportunities for meaningful interaction between their students. Children with disabilities are given a chance to develop their potential and thrive in the same environment as their peers.

Funding is required to beef up resources, training and partnerships to facilitate exchange among educators from different backgrounds. We could achieve greater harmonisation across mainstream primary schools, special education, pre-schools and early intervention sectors. An inclusive educational environment would offer a curriculum that caters to different needs, paces of learning as well as provide the facilities and resources required.

Other than school, these children tend to spend less time in public spaces or in recreational activities. Sometimes it is due to practical reasons like access difficulties, which is a great pity as they miss out on opportunities to connect to the larger community. Funding can be directed towards the intentional design of public spaces, sports, and cultural activities so that those with special needs can feel that they are truly a part of society.

Do more with your giving—how CFS can help

To enable every child to shine to their fullest potential and better support the disadvantaged, CFS can help you make a positive impact by aligning your donations with the needs of this community. 

CFS is a cause-neutral organisation that enables us to support grant-making to a wide range of charitable areas that match the donors’ interests and uplift diverse communities in Singapore. These charitable areas include children, youth, education, families, seniors, persons with disabilities, sports, health, animal welfare, environment to arts and heritage.

We partner with charities that focus on clearly identified problem areas or social gaps which might be under-supported. Charities must also demonstrate measurable outcomes and good stewardship of funds.

A simple and effective way to contribute to a variety of causes in Singapore is by setting up a Donor-Advised Fund (DAF). A DAF can be set up by an individual, a beneficiary of a will, a trust, or a family office. CFS will handle all fund administration and leverage our unparalleled insight into Singapore’s charitable landscape to provide philanthropy advice that ensures your giving is targeted, accountable and impactful. CFS strives to ensure that every grant which goes out creates positive change.

As a donor, you will save on legal expenses and enjoy upfront tax deductions at the prevailing rate on eligible donations. Donors will also receive regular statements tracking incoming donations to the DAF and outgoing disbursements to charities. CFS has an established track record when it comes to setting up DAFs and our DAF payout rates outperformed the entire US DAF industry by 12% and their community foundations by two times.

If you would like to begin your giving journey with CFS, get in touch with us.

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News

Trina Liang-Lin takes over as Netball Singapore chief, pledges to bring in more financial support

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Two female individuals can be seen in the picture, both dressed in red shirts and holding a volleyball ball.

CFS’s Board Director, Trina Liang-Lin, is the new President of Netball Singapore. She highlights the need to address the underrepresentation of sports in philanthropic efforts and aims to change this trend by amplifying the core values of sports. Contact us to learn more on how you can support Singapore’s sports communities.

Sporting bodies are usually not beneficiaries of philanthropic groups, but Netball Singapore’s new president Trina Liang-Lin hopes that will change by “amplifying” sport’s values.

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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News

Coutts million dollar donor report 2015

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Coutts Logo

The Coutts Million Dollar Report produced in association with the Community Foundation of Singapore tracks trends in donations of $1 million and above made by individuals, foundations and corporations in Singapore and around the world. The findings of the 2015 report provide valuable insight into major giving over the course of 2014. While the combined figures did not match those of the previous year, the overall message of major philanthropy remains a positive one, with education being a popular recipient of donations across the world. In addition to presenting and analysing the findings, the report also includes case studies of million dollar donors including our Board member Keith Chua

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

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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