Opinion
Creating social impact through philanthropy
wavy line banner

Opinion

Opinion

Creating social impact through philanthropy

Picture of John Doe
John Doe
scenery of gardens by the bay

Last year, the COVID-19 pandemic has likely changed your life on a daily basis. Though the pandemic has affected everyone, it hasn’t done so equally – the situations of the most vulnerable groups have been severely aggravated and awareness of our society’s fault lines and underserved needs have been heightened. But, if this pandemic has taught us anything, it’s the tremendous power of common people working together to achieve a unified goal.  

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.

News

护联中心新设135万元基金 打造更“好玩”乐龄护理

Picture of John Doe
John Doe
a group of people holding a large check

如何鼓励年长者更积极地投入社交,活出精彩的老年生活?护联中心推出新的135万元基金“FUN! Fund”,鼓励业者把“好玩”融入乐龄护理计划。

配合11月1日的社区护理日,护联中心星期五(11月4日)举办社区护理领导系列,并在活动宣布推出新基金。

“FUN! Fund”由护联中心和新加坡社区基金会联合成立,致力于改善乐龄人士所面对的社交孤立现象,进而提升他们的身心健康。

社区护理业者可呈交计划书,提出创新的活动点子来带动乐龄人士的情绪,鼓励他们积极尝试新事物。例如,太和观庙弯活跃乐龄站推出“虚拟游乐场”,通过高科技系统和怀旧元素的“新旧”结合,带给乐龄人士别具特色的玩乐体验。

每项计划可获得高达五万元的资助款项。

除了成立基金,护联中心和新加坡社区基金会接下来三年也将在社区护理的四大方面展开合作,分别为:活跃乐龄、环境和社区空间、人力和业务连续性。

阅读更多:Fun! Fund

信用:联合早报©新报业媒体有限公司。复制需要许可

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.

News

CFS wins two awards at the Charity Transparency and Governance Awards 2019

Picture of John Doe
John Doe
CFS posing with their awards at the Charity Transparency and Governance Awards 2019

CFS wins two awards at the Charity Transparency and Governance Awards 2019: The Charity Governance Award – Special Commendation for Governance and Management – and the Charity Transparency Award

CFS is honoured to have won the Charity Governance Award – Special Commendation for Governance and Management – as well as the Charity Transparency Award. Conferred by the Charity Council, we were privileged to be amongst a select line-up of outstanding charities that were recognised for exemplary disclosure and transparency practices at the Charity Governance Awards dinner on 3 December 2019.

About the Charity Transparency and Governance Awards 2019

 A total of 67 charities, including CFS, were conferred the Charity Transparency and Governance Awards for their overall excellent transparency and governance practices.

In addition, CFS was among the seven charities that won the Charity Governance Award

The Charity Transparency Award was first launched in 2016, to recognise charities with good disclosure practices that the Charity Transparency Framework recommends.

Inaugurated in 2012, the Charity Governance Award recognises charities  that have adopted the highest standards of governance, in line with the Code of Governance for Charities and IPCs. 

Exemplary governance and management practices

CFS is governed by a board of eminent professionals, selected via a rigorous process, who serve pro bono. They work closely with CFS’s management to steer the organisation in realising our strategic vision.  Our Board has set up several committees, with recognised experts as members, to ensure the organisation is run optimally with transparency, aligned with our mission and purpose. Since our inception, CFS has continuously invested significant resources to exceed expectations in governance, compliance and management. Part of the training process for board and staff is to highlight the importance of acting according to the highest standards. 

Sharing our lessons

Over the past years, our Board and staff have worked hard to ensure that we maintain these high standards across the organisation and in daily work. CFS’s steady growth in the last decade is testament to the trust donors and partners have placed on us, as well as the dedication of our staff.

CFS is honoured to attain this accolade and will be happy to share our experience other charities going forward. We found it especially useful to work closely with our auditors, who have provided valuable guidance and support. Charities can also draw on the helpful resources provided by the Commissioner of Charities and the Charity Council in Singapore, which we highly recommend. 

Looking ahead 

We are thankful to our partners and donors who trust our professional expertise to meet their giving goals. We are so grateful to our Board of Directors and committee members for their dedicated oversight and support.

“Ours is a business built on trust.  Good governance is integral to our success and that of our stakeholders. We will not rest on our laurels but continue to improve and innovate to ensure continued confidence in CFS,” said Catherine Loh, CEO, CFS.

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.

News

The Community Foundation of Singapore: Philanthropy, legacy giving; doing good and how to get involved

Picture of John Doe
John Doe
An older couple smiling while posing for a photo, holding a flower in their hands, radiating love and happiness.

Through legacy giving, making a profound lasting change to people’s lives might be easier than you think

Dr Lim Boon Tiong had a long and distinguished career as a doctor, and it shaped his interest in helping the elderly and those suffering from urological conditions. So devoted was he to his causes that he set aside S$24m along with a list of charities he wanted to help. And when Dr Lim passed on, his daughters Sylvia and Ivy Lim had to execute his will.

“Initially, we had many questions when we saw our father’s will. The Community Foundation of Singapore (CFS) has put everything into a nutshell for us, so we are well-informed to make the right decisions,” said Ivy.

In 2018, the sisters set up the Dr Lim Boon Tiong Foundation, a donor-advised fund with CFS. It supports projects such as the Dr Joseph Lim Boon Tiong Urology Cancer Research Initiative at the National University of Singapore (NUH), which funds experimental research to help improve patient healthcare standards and treatment in urological cancer. Other beneficiaries of the initiative include Catholic Welfare Services (CWS), which runs three nursing homes, and Assisi Hospice, which provides inpatient and palliative care.

The gift to set up the donor advised fund is an example of legacy giving, a concept that is slowly gaining traction around the world. In 2018, charities in the United States received almost US$40 billion (S$54.7 billion) in legacy gifts. Likewise, in Singapore, CFS has managed S$67 million worth of legacy gifts to date. Planned giving is not limited to a simple donation of cash. It is a process where donors can make a more informed choice with their contributions, which can take many shapes or forms, including insurance payouts, CPF monies, marketable securities or real estate. One does not have to be a billionaire to make a lasting difference to the causes you hold dear to your heart.

As we grow more astute financially, we become more attuned to the importance of estate planning. The Wills Registry in Singapore registered 3,911 wills last year compared to 3,535 five years ago. Or perhaps, the prospect of an uncertain future and its consequences heightens our collective awareness of this need: earlier in the year before COVID-19 forced the country into shutdown, there was a marked increase in wills registered.

As part of a drive to raise awareness for legacy giving, CFS actively reaches out to professional advisors in the hope that they can appreciate the value of planned gifts and relay this passion to their clients. Advisors will also be better equipped to help clients who are already looking to give – options can be in the form of a donor-advised fund or a direct donation to support the needs of the community. Your advisors’ services will be critical, especially for pledges of complex assets.

To make the process more meaningful, it is good practice to speak directly with charities about the ways legacy gifts can support their work. Likewise, CFS is not the only option you have when considering which approach to take, and you should do your due diligence to find out what works best for you.

But if you decide to work with CFS, you are good hands indeed: founded in 2008 to encourage and enable philanthropy in Singapore and has to date, CFS has raised over S$185 million in donations. It currently manages over 150 charitable funds and works with more than 400 charity partners. CFS does not lean towards a particular cause, so they enable grantmaking across a wide range of organisations from those helping children, seniors or marginalised individuals to education, arts and even animal welfare.

As they are always working to identify gaps and opportunities within the community, the organisation is well-placed to help donors find suitable matches for their interests and maximise the use of their donations. CFS looks to do more with your giving; fostering a culture of effective giving and raising effectiveness through rigorous evaluation of the programmes. Planning your legacy gift now also ensures that your causes can receive donations in whatever manner you see fit, be it in the form of a perpetual endowment, or expendable gifts (i.e. a donated sum that can be spent down). Both are equally valuable.

If this is something that resonates strongly with you, perhaps now is the time to take the first step. Make a legacy gift for the greater good, and see how you can change lives with an act of kindness.

Source: Robb Report Singapore

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.

Opinion

Four critical gaps in improving employability for all

Picture of John Doe
John Doe
Four people in green shirts working on soil in a gardening project.

A person in a wheelchair with much to give. A stay-at-home mum who misses working. An ex-offender who yearns for a second chance. A senior forced to retire early. These are some examples of people who want to work. They believe they can contribute to society. They also deserve the basic right to work and should not be denied from doing so.

Yet, many of them face difficulties in securing decent jobs. In recent years, the gig economy opened up opportunities for individuals facing barriers to traditional employment or those who need flexibility. However, gig work comes with its own set of challenges, such as unstable income and a lack of employment benefits.

Through our years on the ground partnering with local charities, social service agencies and research organisations, we at CFS have identified four groups – ex-inmates, persons with disabilities (PWDs), seniors, and women – that face challenges in securing gainful employment due to bias, unfair practices, or lack of accessibility. This, in turn, can lock them and their families in a vicious cycle of hardship. 

Employment needs to become more inclusive and provide fair opportunities to everyone. In Singapore, workplace anti-discrimination guidelines are being enshrined into law, but there is still more work to be done. This is where philanthropy can make a significant difference. At CFS, we connect donors with charities and programmes that uplift the employability of marginalised people.

We work with charities that build awareness of individual and structural barriers in the workplace and advocate for change. They are also empowering disenfranchised job seekers by providing skills training, job matching, mentoring and more. Read on to learn about the realities faced by disadvantaged people and how you can help.

Building Disability-Inclusive Workplaces 

About 15 per cent of the global population, or over one billion individuals, have a disability. This makes persons with disabilities (PWDs) one of the world’s biggest minority groups (World Bank, 2023). In Singapore, only 30 per cent of PWDs of working age are employed. The government hopes to raise this figure to 40 per cent by 2030 (The Straits Times, 17 August 2022). Barriers include the prevailing bias that disabled people are less productive and troublesome to accommodate in the workplace.  

Organisations like the Tripartite Alliance for Fair and Progressive Employment Practices (TAFEP) and SG Enable, an agency for disability, are striving to change attitudes and help employers create disability-friendly workplaces. Companies are also encouraged to open up work-from-home opportunities to those who are less mobile. Hiring more PWDs and giving them meaningful careers will translate to overall gains in labour force productivity for Singapore going forward.  

Attracting Female Talent to Close the Gender Gap 

Better education and changes in attitudes towards gender-based roles have paved the way for more women to have careers. Between 2012 and 2021, Singapore’s female labour force participation grew from 57.7 per cent to 64.2 per cent. However, it still remains lower than men’s at 77.2 per cent (Statista). 

The gender gap emerges when women enter their 30s. This is typically the age when they assume more care responsibilities (Ministry of Manpower, 2022). Women continue to bear the brunt of caregiving and domestic responsibilities while juggling work. The gap, unfortunately, widens over time. Taking time off work can complicate re-entry into the workplace, creating knock-on effects throughout a women’s career. 

Yet, there is a clear business imperative to leveraging female talent. Gender diversity benefits companies as women often contribute different skills and perspectives, boosting growth, innovation, and productivity (International Monetary Fund, 2018).

While a growing number of organisations are waking up to this, there is much more room for female-friendly recruitment and retention practices. This includes flexible working arrangements, opportunities for progression and leadership, and help for mothers returning to work.

Reintegrating Ex-offenders into the Economy  

Ex-offenders are among the most marginalised and stigmatised people in our community. They face unique challenges in finding and sustaining gainful employment. Just 53 per cent of ex-offenders found jobs three months after their release – a figure that has stayed stagnant between 2017 and 2019 (Ministry of Home Affairs, 2020).

One reason is that ex-offenders who spend long periods in jail may not have the skills that are in demand, such as digital expertise. Moreover, with their limited social networks, they tend to be disconnected from market trends, knowledge of training opportunities and subsidies. That instantly puts them on a weaker footing.

Progress has been made through the Ministry of Home Affairs’ Employment Preparation Scheme, which allows ex-offenders to attend training and educational activities outside of prison during their sentences. But more can be done to help ex-offenders avoid a vicious circle. Without good jobs and long-term employment prospects, it will be harder for ex-offenders to rebuild their lives, placing them at a high risk of reoffending. 

Addressing Age-Based Employment Discrimination  

Three in four workers in Singapore do not intend to retire before 65 (The Straits Times, 3 July 2022). For many older people, working provides income and purpose and bolsters their physical and mental well-being.

Despite this, age was cited as the top reason for prejudice towards older jobseekers in a Ministry of Manpower survey (Today, 23 March 2022). Older people are stereotyped as “slow” and “less trainable”. Some may be less educated, putting them at risk of being displaced by technology. Employers may prefer to train younger employees, who are seen as having more room to grow.

The issue is especially pressing as Singapore is fast becoming a super-aged society. While upcoming anti-discrimination laws will help, companies should also take the lead and build a multigenerational workforce. Older workers bring experience and a diversity of views to the table, which will be a source of strength.  

How You Can Help

With your generosity, you could help fund programmes that improve the employability of disadvantaged Singaporeans struggling to find work. As a cause-neutral philanthropic advisor, CFS is well-placed to help you navigate the various programmes available and tailor a giving plan based on your goals and interests. 

Efforts to address barriers to employment fall into three broad areas:

  • Development of skillsets (educational, technical/vocational training, and soft skills development) 
  • Exposure to career pathways (employer engagement and career support) 
  • Encouraging sustainable careers (getting supervisors and colleagues to accommodate marginalised individuals)

The simplest and most cost-effective way to help fund different programmes that tackle employability is by setting up a donor-advised fund (DAF). An individual, a beneficiary of a will, a trust, or a family office can set up a DAF. CFS will handle all fund administration and leverage our experience and network to ensure your giving is targeted, accountable and impactful.  

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 their DAF and outgoing disbursements to charities. CFS has an established track record when it comes to setting up DAFs. CFS is the first to bring in DAFs into Singapore and is currently the largest provider with over 220 DAFs and Community Impact Funds.  

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

References

International Monetary Fund. (28 November 2018). Economic Gains from Gender Inclusion: Even Greater than You Thoughthttps://www.imf.org/en/Blogs/Articles/2018/11/28/blog-economic-gains-from-gender-inclusion-even-greater-than-you-thought

Ministry of Home Affairs. (14 October 2020). Written Reply to Parliamentary Question on the Employment Rate of Ex-offenders, by Mr K Shanmugam, Minister for Home Affairs and Minister for Law. https://www.mha.gov.sg/mediaroom/parliamentary/written-reply-to-parliamentary-question-on-the-employment-rate-of-ex-offenders-by-mr-k-shanmugam-minister-for-home-affairs-and-minister-for-law/ 

Ministry of Manpower. (1 December 2022). Summary Table: Labour Force. https://stats.mom.gov.sg/Pages/Labour-Force-Summary-Table.aspx 

Statista. Labor force participation rate of women in Singapore from 2012 to 2021. https://www.statista.com/statistics/951113/singapore-female-labor-force-participation-rate/

The Straits Times. (17 August 2022). Singapore aims to have 40% of working-age persons with disabilities employed by 2030. https://www.straitstimes.com/singapore/singapore-aims-to-have-40-per-cent-of-working-age-persons-with-disabilities-employed-by-2030

The Straits Times. (3 July 2022). 3 in 4 older workers don’t intend to retire before 65; reasons include staying active, having purpose. https://www.straitstimes.com/singapore/jobs/3-in-4-older-workers-dont-intend-to-retire-before-65-reasons-include-staying-active-having-purpose 

Today. (23 March 2022). Discrimination against workers and jobseekers declined, but ageism still prevalent: MOM survey. https://www.todayonline.com/singapore/discrimination-workers-jobseekers-declined-ageism-prevalent-mom-survey-1851551

World Bank. (3 April 2023). Disability Inclusion.
https://www.worldbank.org/en/topic/disability#:~:text=Persons%20with%20disabilities%2C%20on%20average,outcomes%20than%20persons%20without%20disabilities.&text=Results-,One%20billion%20people%2C%20or%2015%25%20of%20the%20world’s%20population%2C,is%20higher%20for%20developing%20countries.

 

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.

Trending Stories

Scroll to Top