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The Peak Singapore: How responsible businesses can make their philanthropic dollars travel further
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The Peak Singapore: How responsible businesses can make their philanthropic dollars travel further

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John Doe
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While more companies are heeding the call to give back to the community, selecting a worthy cause and monitoring the use of donations may be a complex task. That’s where the Community Foundation of Singapore (CFS) comes in. It helps corporations develop a long-term philanthropy strategy, find suitable charity partners, and track the outcome of donations.

“We help donors go beyond what they can do on their own, and identify charity partners who can provide accountability,” says Catherine Loh, CEO of CFS.

One way of creating greater impact is to look at fresh ways of addressing community needs, suggests Loh. Take UBS’ Diversity in Abilities arts education programme, which aims to develop the talents of children and youth with special needs. After attending the programme, participants are able to concentrate better and have an overall improvement in the pace of learning. Such potentially beneficial initiatives can be made possible only by corporations that have a higher appetite for risk and are willing to support them, says Loh.

In terms of managing charitable dollars, both donor and recipient must agree on how the money will be used, the duration of the funding and the kind/depth of reporting required, Loh says. More importantly, she adds, companies should adopt the mindset of a partner and view philanthropy as a “learning journey”.

“Just like any business project, things can go wrong. Sometimes, it could be a misreading of community needs, or there could be physical or manpower constraints faced by the charity. We hope to take corporates on a philanthropic journey, to help them gain insight into what it takes to make a meaningful change.” Read more.

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Opinion

Our Annual Report 2023 is now available for download

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CFS Annual Report 2023

We are excited to share the release of the Community Foundation of Singapore’s (CFS) Annual Report for 2023.

With the overarching theme of ‘Creating a Better Tomorrow Together’, the report highlights the work done to inspire and facilitate strategic giving to benefit our local community. We showcase the enhancements we have made to our service offerings, governance standards, and operational efficiencies over the past year. It stands as a testament to CFS’s unwavering commitment to proactively identify and address emerging community needs, and our experience and expertise that enables us to drive tangible impact.

Here are some key highlights from the Annual Report 2023:

A Year of Steady Progress:

Against a backdrop of slower economic growth in 2022, donations remained high and our rolling three-year average continued on an upward trend. Our community of dedicated philanthropists continued to grow. Through strategic partnerships with corporations such as Accenture, Endowus, and other institutions, we harnessed a wealth of expertise to amplify our impact. 

The past year marked a significant milestone, with 47 new donors establishing 27 Donor-Advised Funds (DAFs). Their generous contributions allowed us to allocate $16.8 million in grants to 212 organisations spanning diverse causes, demonstrating the incredible power of collective giving.

In collaboration with the Agency of Integrated Care (AIC), we launched the FUN! Fund, a community impact fund focused on improving the well-being and happiness of our seniors through innovative programmes designed to infuse fun into their lives.

Making a Greater Impact:

In 2022, CFS took significant strides towards ensuring outcome-driven grantmaking. Our grant framework now places a strong emphasis on measurable change, ensuring greater impact for both our donors and charity partners.

Throughout the year, CFS’ Centre for Applied Philanthropy (CAP) played a pivotal role in fostering collaboration across public, private, and community sectors to address complex social challenges. This collaborative approach will gain even more momentum in 2023.

With sustainability advocacy being one of our key focal areas, we strengthened our ESG framework. This involved aligning our programmes with the United Nations’ Social Development Goals, a move that underscores our commitment to making a lasting positive impact.

The potential of philanthropy lies in its capacity to bring about enduring, positive change. As we look back on the year and observe the significant impact made possible by the support of our donors, we find inspiration to continue our efforts. Our grants have helped to improve the lives of many, including refugees seeking to rebuild their lives, youths in need of mental resilience, disadvantaged students receiving evidence-based after-school tutoring, dementia patients receiving specialised care, marginalised job seekers receiving coaching and training, and nurturing the next generation of climate champions. 

Connect with Us: 

CFS is deeply committed to advancing strategic philanthropy, and positioning Singapore as Asia’s philanthropy hub. To achieve this, we actively serve as an Enabler, Steward, Convener, and Advocate.

We are eager to connect and collaborate with donors, charities, partners, and sector leaders to build a more compassionate, caring, and inclusive Singapore. To learn more about CFS or join us on our mission, we welcome you to get in touch.

For an in-depth exploration of the year’s milestones and the impact of our contributions to the community, click here to download your copy.

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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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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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The Business Times – Educational giving vital in breaking poverty cycle: Ng Chee Meng

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“Education is a strong driver of social mobility and is critical to breaking the poverty cycle between generations, a point that was made by Minister for Education (Schools) Ng Chee Meng at the sixth annual global Credit Suisse philanthropists forum on Thursday.

This, as educational giving could enable the next generation to improve many aspects of their lives, be it health or income, he said.

“A key reason why giving is important to me is that it supports and creates a virtuous cycle in our society. Those who give become role models to inspire others who may be younger to do the same and over time, this virtuous cycle lends disproportionate influence over long periods of time.”

Simple acts of charity or strategic philanthropy targeting root causes of social challenges would build a more caring and cohesive society for future generations, said Mr Ng.

Governments could support this cycle of giving through the private sector, he said, adding that in Singapore, non-profit organisations advise donors and help match their donations to worthy causes. For example, the National Volunteer and Philanthropy Centre and the Community Foundation of Singapore have been promoting a giving culture over the years.” Read more.

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Media release: CFS and NVPC initiate cross-sector collaborative effort to help disadvantaged young persons in Singapore

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  • Partnership between CFS and NVPC formed Colabs, to drive collaboration among the public, private and social sectors to tackle complex social issues
  • First series tackles social mobility of disadvantaged young persons in Singapore

Singapore, July 2, 2018– The Community Foundation of Singapore (“CFS”) and the National Volunteer & Philanthropy Centre (“NVPC”) have partnered to catalyse collaboration among the public, private and social sectors.

Colabs, an initiative by CFS and NVPC, drives collaboration by bringing together philanthropists, businesses, non-profits and sector experts to share knowledge, exchange ideas and co-create solutions. More than 100 representatives from 56 stakeholders took part in the first Colabs series that focused on the needs of disadvantaged young persons. These comprised government ministries, statutory boards, multi-national corporations, private companies, foundations, individual philanthropists, academics and non-profit organisations.

In addition, CFS and NVPC have released a guide to provide funders from various sectors of society with practical ways to help disadvantaged young persons in Singapore. The guide, titled ‘A Call for Collaborative Giving: Closing the Gap for Disadvantaged Young Persons’, capturesinsights uncoveredby the diverse group of stakeholders who met to discussthe issues, and outlines clear recommendations for collective action.

“Collaboration is the way forward, as the scale, scope and complexity of social issues today makes it impossible for a single player or the government to solve alone,” said CFS Deputy Chief Executive Officer Joyce Teo. “By leveraging our shared expertise, skills and resources, collaborative partnerships offer donors opportunities to bring about more impactful social change.”

NVPC Director of Strategic Partnership Darrel Lim elaborated: “While there are numerous programmes by organisations to address current issues, there are still gaps, challenges, and constraints faced by beneficiaries and social services. Colabs is a platform which brings together like-minded stakeholders to learn and share insights, uncover gaps in the current system and collectively devise ways to plug these gaps.”

The Colabs series on disadvantaged young persons focused on whether education is a game changer for improving their social mobility. Over the course of eight months, participants shared and heard from sector experts, beneficiaries, and donors. Through roundtable talks, workshops, as well as a field trip and poverty simulation exercise, participants learnt about the challenges that prevent disadvantaged young persons from doing well in life, and the types of support currently available.

Elaine Loo, Director of Central Youth Guidance Office, Ministry of Social and Family Development, commented, “Colabs connects stakeholders across the various sectors to facilitate the sharing of perspectives and nudge collective efforts to address issues that our children and youth are facing today. Networks such as these are useful platforms that allow public agencies to hear directly from stakeholders, including our private sector partners.”

Colabs participants found that while education can help bridge social gaps, not every child can fully tap into the benefits that education can bring. Economic, social, and cultural differences also contribute to a greater degree of variance in Singaporean students’ academic performance compared to students from other countries[1], and social gaps may widen if disadvantaged young persons here are not given the help they need.

Disadvantaged young persons here face multiple challenges. Parents tend to work long hours or hold shift jobs, leaving little time to attend to their children’s learning needs. They often shoulder more adult responsibilities[2]. This can result in poorer literacy development and academic performance, and may lead to psychological issues such as depression and other conditions[3].

“It is difficult to have a ‘one size fits all’ solution because circumstances vary from person to person. Instead, harnessing collective expertise towards providing a variety of support structures with the capacity to consider unique individual needs will result in greater, longer lasting impact,” noted Benjamin Teo, social worker and Centre Director at SHINE Children & Youth Services.

The Colabs guide outlines three different levels on which aspiring changemakers can make a difference through philanthropy and/or volunteerism. Firstly, there are programme-level initiatives which affect young persons directly. These involve supporting new programmes or enhancing existing ones. Secondly, there are organisational-level initiatives that target to strengthen non-profit organisations’ capacity and capabilities; these can significantly impact outcomes across many programmes. Lastly, funders can choose to invest resources on sector-level initiatives that will impact the wider ecosystem, such as the development of multi-stakeholder data sharing platforms. More details can be found on pages 10 to 13 of the guide, which can be downloaded here.

A second Colabs series focusing on persons with disabilities has concluded and a third Colabs series focusing on seniors will commence later this year.

END

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

About the Community Foundation of Singapore
The Community Foundation of Singapore (“CFS”) is a non-profit organisation founded in 2008 to encourage and enable philanthropy in Singapore. We match donors’ interests with causes and offer ways for them to make a greater impact through their charitable funds. We also collaborate with charity partners to identify and develop programmes that support diverse communities. Our purpose is to create real and meaningful change while building a philanthropic culture in Singapore. CFS is a registered charity with Institution of a Public Character status.

About the National Volunteer & Philanthropy Centre
The National Volunteer & Philanthropy Centre is an independent not-for-profit organisation that advocates giving in Singapore. Our vision is for Singapore to be a Giving Nation and to cultivate a strong culture of contribution where giving is part of every Singaporean’s DNA. We work closely with charities, corporates, public sector agencies, institutions as well as the community to build a robust ecosystem to make giving simple, fun and meaningful.

[1]According to the most recent Programme for International Student Assessment (“PISA”) international survey by the Organisation for Economic Co-operation and Development (“OECD”). The latest PISA survey results show that ESCS differences account for 16.8%, 17.0%, 15.1% of the variance in Singapore students’ performance in science, reading, and mathematics, compared to the OECD average of 12.9%, 11.9%, and 13.0%, respectively.

[1]  Mathews, M. & Chan, C. (2015). Empowering Low-income Families: Documenting the Contributions of Family Excellence Circles (FEC)

[1]  Mathews, M. & Chan, C. (2015). Empowering Low-income Families: Documenting the Contributions of Family Excellence Circles (FEC)

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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TODAY: New S$528,000 fund to help disadvantaged people stay employed

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Elderly woman in wheelchair using computer to stay connected.

By Ng Jun Sen

SINGAPORE — When stereotypes, stigmas and prejudices prevent people with disabilities or mental health problems from finding jobs, they are often financially or socially disadvantaged for life.

To overcome these barriers, a new fund was launched on Thursday (May 23) to address the problem of social exclusion of disadvantaged groups here, bringing employment and vocational training support to where it is needed most.

The Learning Initiatives for Employment — Community Impact Fund programme is run by the Community Foundation of Singapore (CFS), with the aim of equipping participants with skills, and helping them find jobs and stay employed.

It will target four marginalised groups, namely:

People with disabilities
People recovering from mental illnesses
Disadvantaged women
Youth-at-risk

Ms Joyce Teo, CFS’ deputy chief executive, said: “We hope to pilot new pathways to help the vulnerable make a living, improve their self-esteem and become more involved in society.”

WHAT THE FUND WILL DO
The fund will help participants undergo an average of 140 hours of vocational training and another 60 hours of job matching, job placement and on-the-job coaching support.

CFS targets around 65 per cent of participants to graduate from its training. Out of these graduates, 60 per cent are expected to be placed into jobs for at least three months.

During the training phase, charitable organisations partnering CFS will help these participants minimise or resolve family issues which could derail their training.

Participants seeking kitchen and service jobs will be trained by social enterprise Project Dignity, while Bettr Barista — a coffee academy — will coach aspiring baristas. Both organisations will also provide job attachment opportunities.

In the future, more industries could get involved in the scheme.

The scheme targets an initial 90 participants who will first be identified and referred by Institute of a Public Character charities. Their attitude, aptitude and employment potential will determine whether they qualify for the scheme.

Where possible, the programme will continue to track the participants for up to two years.

HOW IT IS FUNDED
Around S$528,000 is needed to support the scheme. All funding will come from donations and an anchor donor has been secured.

Potential donors can visit Giving.sg or write to CFS at contactus@cf.org.sg. Read more.

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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