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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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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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Law firm Rajah & Tann donates $225k to ST School Pocket Money Fund and Dementia Singapore

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(From left) Dementia Singapore’s chief executive Jason Foo, ST Singapore editor Zakir Hussain, Community Foundation of Singapore chief executive Catherine Loh, R&T managing partner Patrick Ang and R&T Foundation chairperson Rebecca Chew.

Law firm Rajah & Tann (R&T) has contributed $225,000 to The Straits Times School Pocket Money Fund (STSPMF).

The donation was part of the firm’s 45th anniversary celebration on Thursday (May 5) at the Ritz-Carlton, Millenia Singapore, where it also gave $225,000 to charity Dementia Singapore.

Mr Zakir Hussain, a board trustee of STSPMF and ST’s Singapore editor, and Dementia Singapore chief executive Jason Foo jointly received a cheque from R&T managing partner Patrick Ang and Rajah & Tann Foundation chairman Rebecca Chew.

Mr Ang said: “The spirit of caring and giving back to society is part of R&T’s DNA, which we inherited from our founders T. T. Rajah and Tann Wee Tiong.”

A commemorative book about Rajah & Tann titled Duty of Care+ was also unveiled during the celebration on Thursday.

Written by former ST senior writer Cheong Suk-Wai, the book traces the law firm’s growth from its beginnings as a two-man partnership to the regional firm it is today.

“The Rajah & Tann story is essentially about how a group of talented lawyers came together to build a top-rated indigenous Singapore law firm, while holding fast to the principle of excellence with heart in the way they practised law and cared for others,” said Mr Ang.

Among Rajah & Tann’s notable alumni are T.T. Rajah’s son V. K. Rajah, who was Attorney-General from 2014 to 2017 and a former Judge of Appeal; Chief Justice Sundaresh Menon; former Attorney-General and current Judge of Appeal Justice Steven Chong; and current Judge of the Appellate Division Justice Quentin Loh.

STSPMF general manager Tan Bee Heong said the fund gave out almost $9 million to help more than 12,000 beneficiaries last year.

“This donation will help us continue our work in providing thousands of students from low-income families with school pocket money for meals and other schooling needs,” she added.

The STSPMF was started in 2000 as a community project by ST to help children from low-income families.

It has given out nearly $90 million to date and has helped more than 200,000 beneficiaries.

This article was originally published in The Straits Times hereSource: The Straits Times © SPH Media Limited. Permission required for reproduction.

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Opinion

Sustainable Philanthropy Matters: Navigating the SDGs with Philanthropy

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poster about sustainable philanthropy: navigating the SDGs with philanthropy

In this three-part series ‘Sustainable Philanthropy Matters’, we explore the surprisingly intimate relationship between philanthropy and sustainability and how the practice of one can in fact, lead to the advancement of the other. Both of these issues are close to our hearts here at CFS and we want to share how our philanthropy can help preserve our planet, our communities and our future.

Philanthropy has traditionally been aimed at supporting societal needs. In recent years, the increasingly pressing demand for climate reformation requires the influx of tremendous funding to support the advancement of the Sustainable Development Goals (SDGs), from R&D and technological applications to conservation and community efforts. Beyond the responsibilities of governments and businesses, philanthropy has a huge role to play. While this may sound novel, it actually is not and, in this third and final instalment of Sustainable Philanthropy Matters, we examine how philanthropy can help stem the tide of climate change.

The Interconnectedness of Sustainability

At first glance, the 17 SDGs might seem a little daunting, like some miniature Periodic Table meant to scare students. It may help to see this as one concerted effort to effect long-lasting change, to ensure the sustainable survival and thriving of both People and Planet.

This holistic approach is evident in that all the SDGs are, in fact, interconnected. In the last article, this was explained in a sustainable farming example. Besides these issues, the SDGs also help us to realise the borderless world we now live in. For example, rampant slash-and-burn agriculture in Indonesia (BBC News,bbc.com/news/world-asia-34265922 2019), droughts in California (Bernstein, 2015) and declining wild salmon populations in the Atlantic (Forseth, Barlaup, Einum, Finstad, Fiske et al, 2019, page 2) all have one thing in common: they affect communities in Singapore.

The first spells an annual onslaught of respiratory problems as haze blankets the country while the latter two impact our food supply, namely oranges and smoked salmon.

Everyone’s Cost to Bear

Those three problems are just some of the innumerable issues worldwide that the SDGs seek to address. A glance at the big picture shows that achieving the SDGs has a hefty price tag of an estimated $5t to $7t, although the silver lining of this is that that achievement could open up $12t of market opportunities (United Nations, 2022).

However, the localised impact demonstrated above makes it abundantly clear that we all have a stake in ensuring that those goals are achieved. Singapore’s enhanced Nationally Determined Contributions (NCCS, 2022) towards the SDGs, executed through initiatives such as the Green Plan 2030 (SG Green Plan, 2022) and 30 by 30 (SFA, 2021), cannot be achieved by the public and private sector alone. It requires individuals’ combined efforts, through practice and philanthropy.

The role of and need for philanthropy is even greater when we consider the Singaporean Government’s stance to avoid being a welfare state and instead, offer tiered and limited safety nets for those in need (MOF, 2020). While there is certainly a need to address the SDGs in the local context—such as those relating to poverty, hunger, health and education—Singaporeans are required to help themselves in this meritocratic system.

Partly because this is clearly easier said than done, a small sum is deducted from employees’ wages in Singapore that goes towards four racially-oriented Self Help Groups. So unless one opts out of this scheme, every salaried resident in Singapore is already involved in some form of philanthropy. 

Charities, Charities Everywhere

Of course, that sum is a miniscule drop in the large scheme of things, with $25.69m for the CDAC$8.54m for Mendaki$18.87m for SINDA and $0.78m for the Eurasian Community Fund, against a national total of $2.9b donations in 2019 (MCCY, 2020, page 4). Many non-profits and voluntary welfare organisations and their care recipients still rely on the goodwill of philanthropists.

While there are thankfully many generous donors out there, there is also a baffling number of charities and IPCs (Institutes of Public Character, which are held to even more stringent governance standards): 2,281 at the end of 2019, to be exact (MCCY, 2020, pages 13 and 17). Just like the SDGs, more charities are related to addressing societal needs than environmental ones.

That line is blurring today with countless examples: a centre for autism implementing an urban farming programme, a society that safeguards the cleanliness of our waterways for the local wildlife and citizens alike, and tree planting exercises for the public by the Garden City Fund.

Yet, there are still a lot of untapped opportunities. We need to develop programmes and build the capability that will allow our social sector to effectively address the SDGs in the local context and with environmental considerations. That requires funding — for research, pilot programmes and training.

A Touch of Philanthropic Professionalism

In breaking all this new ground, it is prudent to apply a layer of Governance checks over the Social and Environmental orientations and objectives of all the organisations and programmes.

Thankfully, one does not need to worry too much about Governance here in Singapore. Local regulations require charities and IPCs alike to be transparent about their operations, activities and finances.

As a winner of two accolades for transparency and governance at the 2019 Charity Governance Awards, CFS is ever-cognisant of the importance of balancing the outputs and outcomes of charities and their activities with their strategy and operational methods.

If you would like to know more about how CFS can help you source for, identify and evaluate programmes that both meet your philanthropic preferences and address the SDGs, please visit here.

To read the other 2 stories in the ‘Sustainable Philanthropy Matters’ series, please click below:

This article was written by Adam, a Principal Consultant with CFS and an experienced sustainability practitioner. He is an advocate for sustainable practices. His colleagues are still wondering how his monthly household utilities bill is only around $70.

Disclaimer: The opinions expressed in this publication are those of the author. They do not purport to reflect the opinions or views of CFS or its members.

References

  1. BBC News. (16 September 2019). Indonesia haze: Why do forests keep burning? https://www.bbc.com/news/world-asia-34265922
  2. Bernstein, Sharon. (2015). California citrus farmers pull up trees, dig reservoirs to survive drought. Reuters. https://www.reuters.com/article/us-usa-california-drought-farmers-idUSKCN0RB15420150911
  3. Forseth, T.,  Barlaup, B. T., Einum, S., Finstad, B., Fiske, P, et al. (2019). Status of wild Atlantoc salmon in Norway 2019. https://www.vitenskapsradet.no/Portals/vitenskapsradet/Pdf/Status%20of%20wild%20Atlantic%20salmon%20in%20Norway.pdf
  4. Ministry of Culture, Community and Youth. (September 2020). Commissioner of Charities: Annual Report 2019https://www.charities.gov.sg/PublishingImages/Resource-and-Training/Publications/COC-Annual-Reports/Documents/Commissioner%20of%20Charities%20Annual%20Report%202019.pdf
  5. Ministry of Finance. (Updated 25 November 2020). Singapore Public Sector Outcomes Review: Social Safety Nets. https://www.mof.gov.sg/singapore-public-sector-outcomes-review/citizens/opportunities-for-all-at-every-stage-of-life/social-safety-nets
  6. National Climate Change Secretariat of Singapore. (28 February 2020). Singapore’s Enhanced Nationally Determined Contribution and Long-Term Low-Emissions Development Strategy.  https://www.nccs.gov.sg/media/press-release/singapores-enhanced-nationally-determined-contribution-and-long-term-low-emissions-development-strategy
  7. SG Green Plan. (Updated 28 January 2022). https://www.greenplan.gov.sg/
  8. Singapore Food Agency. (Updated 17 December 2021). https://www.ourfoodfuture.gov.sg/30by30
  9. United Nations. (Accessed 16 February 2022). FAQ: How much will the implementation of this sustainable development agenda cost? https://www.un.org/sustainabledevelopment/development-agenda/
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Stories Of Impact

The Goh Soon Tioe Centenary Award: Creating opportunities for future generations of musicians

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Two musicians, a man and a woman, engrossed in playing the violin and guitar.

An accomplished violinist, conductor and impresario, Goh Soon Tioe was one of the greatest pioneers of Western classical music in post war Singapore and among the country’s earliest music teachers. 

A prodigious student of Spanish classical guitarist Andres Segovia, Goh taught a generation of musicians who went on to become established figures in Singapore’s music scene. Some of them include household names such as singer-songwriter Dick Lee, and National University of Singapore’s (NUS) Concert Orchestra Music Director, Lim Soon Lee.

Wanting to pass on his great love for music, Goh’s family established the Goh Soon Tioe Centenary Award in 2011, an endowed fund administered by the Community Foundation of Singapore (CFS). His daughter Vivien Goh, a Cultural Medallion winner and talented violinist in her own right, wanted to honour the memory of her father and help deserving individuals to achieve their dreams.

The Goh Soon Tioe Centenary Award grants scholarships to musicians with a consistent track record of outstanding musicianship and performance. Some of the past winners of the Award include Theophilus Tan, Mathea Goh, Joey Lau and most recently Kevin Loh, the first guitarist to win the Award in 2018 and Joelle Hsu, winner of the 2019 Award.

As the seventh recipient of the Award, an accomplished musician at just 22 years of age, Kevin Loh is no stranger to winning awards and achievements. The graduate of the prestigious Yehudi Menuhin School in Britain has also received accolades such as the HSBC Youth Excellence Award for Musical Excellence in 2010, and first prize in the 34 th Volos International Guitar Festival and Competition in Greece in 2017.

The young musician fondly recalls his childhood, when his parents presented him with a violin when he was four years old. He had no interest in the violin then, and his music teacher responded to his lack of concentration by locking him out of the classroom.

His father decided instead to teach him the guitar, and a young Kevin took to the instrument like a duck to water. He would record videos of himself practicing in the living room, and cultivated his passion along with a very supportive family.

Looking back on his storied career as a musician, the 22 year old acknowledges that it was an eye- opening experience. ‘I’ve performed for some very high profile people,’ he recalls. ‘No matter how many performances I play, I always feel nervous. The nerves never go away. I’m very thankful that I’ve gotten this far with the guidance from my teachers and parents.’

‘The Award has definitely enriched my life and I am very grateful to have received it. It has afforded me the financial opportunities to perform around the world and at different music festivals,’ Kevin says. ‘It has given me room to grow and it is my dream to encourage and set up other budding classical guitarists to grow as well.’

For Joelle Hsu, her musical journey began on the piano at the tender age of four. At eight years old, when she saw how much fun her younger sister had on the violin, Joelle requested for violin lessons. Even though friendly sibling rivalry saw to it that she practiced hard, it didn’t feel like the right instrument for her.

It was then when she was introduced to the soulful sound of the viola by her violin teacher. ‘It really drew me in, possibly because of how similar it was to the human voice,’ Joelle says. ‘I fell in love with the instrument and decided to continue my musical adventures on the viola instead.’

Many musicians know that the key to improving one’s skill at an instrument is through hours and hours of practice. It was a challenging feat for one so young back then; having to balance going through the rigour of secondary school and junior college while still finding the time to practice constantly.

All of Joelle’s efforts eventually paid off when she won the Singapore National Youth Orchestra (SNYO) Concerto Competition in late 2017. ‘I was glad and extremely grateful to be given the
opportunity to debut with the SNYO. It helped me to experience what it is like to work with a conductor and orchestra as a soloist. I did not have prior experience as I had always just been an orchestral player,’ Joelle explains.

‘Winning the Goh Soon Tioe Award has certainly made me a more confident musician, especially as a violist. The viola is usually seen by other instrumentalists as the underdog; as we always get the parts which are less interesting, unlike other instruments that often have the melodic line,’ says the young violist.

‘Being able to put up a recital featuring the viola was really an honour and it was not something I expected that I could do. I am really glad to have shown the audience present what a soulful sound the viola can produce, and I hope that it touched their hearts as much as it touched mine.’

Now into its ninth consecutive year of commending promising musicians, the 2020 Goh Soon Tioe Centenary Award winner will be announced soon. Do keep an eye out for our story on the upcoming winner.

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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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Events

[Webinar] Facilitating Philanthropy: Taxation, Structures and Legacy Giving

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We would like to give a big thank you to the Law Society of Singapore and the Singapore Management University’s Centre for Commercial Law in Asia for inviting our CEO, Ms Catherine Loh, to be a part of the panel for the Facilitating Philanthropy: Taxation, Structures and Legacy Giving webinar. 

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