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Creating social impact through philanthropy
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Creating social impact through philanthropy

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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.  

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Stories Of Impact

The power of the collective: CapitaLand Hope Foundation joins hands with AIC and CFS to bring cheer to seniors

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How do you combat loneliness among older folk? The FUN! Fund – a partnership between Agency for Integrated Care (AIC) and The Community Foundation of Singapore (CFS) – hopes to do this by piloting activities that encourage play, generate laughter and build connections. It’s a fresh approach towards reframing the ageing challenge and a promising effort at collaborative philanthropy.

The brand-new fund has struck a chord with CapitaLand Hope Foundation (CHF), the philanthropic arm of CapitaLand Group. Established in 2005, the foundation seeks to improve the quality of life of seniors. It also aims to nurture and inspire the young and protect the environment for future generations.

“We believe that each older person deserves to live life to the fullest as they age in place and in the community. However, there are vulnerable seniors in the community who face daily life challenges such as mobility difficulties, isolation, and lack of adequate support due to family circumstances,” says Ms Lydia Ang, General Manager of CapitaLand Hope Foundation.

Loneliness is a serious issue for our elderly. It erodes mental and physical well-being and can even reduce lifespans. In mid-2021, a study by the Centre for Ageing Research and Education at Duke-NUS found that those aged 60 and above who see themselves as lonely can expect to live three to five years less compared to their peers who don’t feel lonely. The study, also found that a third of aged 60–69 years and 40% of those aged 80 and above perceived themselves as lonely. Those are sobering statistics indeed.

Two years of living under COVID-19 pandemic restrictions made things much worse. Many older folks stayed home. Being less tech-savvy, they had to grapple with severe social isolation. Those in nursing and care homes saw a stark drop in visitors. Many caregiving staff shows increased burnout and psychological distress in the aftermath of the pandemic.

The FUN! Fund plans to empower community care organisations to collaborate with different stakeholder to develop fun and meaningful activities that seniors can look forward to. There will be development of playbook and post running workshops to share learnings for other organisations to replicate and implement.

CHF got to know about the FUN! Fund through its previous links with AIC and CFS. In 2020, when the pandemic struck, the foundation generously contributed S$700,000 to provide emergency support for community care providers and affected seniors and family members. For CHF, the FUN! Fund dovetails with its efforts to help seniors age in place through its #LoveOurSeniors initiative, which provides the vulnerable elderly with better nutrition, enhanced well-being and improved living conditions.

Tapping on its experience from #LoveOurSeniors, and by working jointly with AIC and CFS, the foundation believes it can help develop innovative programmes that bring cheer to isolated seniors. It also hopes to rally more like-minded partners and the community to join in this effort.

“Through FUN! Fund, multiple donors from different sectors are galvanised to pool and align funding against an agreed set of criteria within a short period of time. This has allowed smaller enterprises to leverage the larger network and platform of FUN! Fund to do good together, as they might not have sufficient resources to effectively contribute to the community on their own,” says Ms Ang.

The FUN! Fund is an example of a pooled fund spearheaded by CFS. Our collective impact funds are designed to raise capital from across the giving spectrum and unite partners to drive positive change. We bring together charities and donors, experience and insights, which amplifies the impact of giving and fosters new solutions.

No individual or organisation can solve complex social issues independently, and private foundations like CHF are embracing collaborative philanthropy. “We believe in the power of the collective, where different stakeholders with respective expertise, knowledge and skills come together as one, leveraging each other’s strengths and resources for the common good. Through the years, we have been rallying our employees, tenants, customers and the wider community to do good together,” says Ms Ang.

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Lianhe Zaobao: CFS has helped donors set up more than 80 funds in the past 8 years

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胡洁梅 14 November 2016

从资助年长者活动的基金,到帮助工艺教育学院学生的“纳丹教 育提升基金”,新加坡社会基金会协助设立的基金从八年前的七个, 蓬勃发展至目前的80多个,支持各类公益项目。

年设立的慈善机构新加坡社会基金会(The Community Foundation of Singapore)旨在为善长仁翁提供咨询服务,协助他 们成立基金推展公益活动,并管理基金。捐款者须承诺至少20万元来 设立基金。

基金会总裁罗佩仪在回顾基金会的发展时指出,更多有经济能力 的个人和家庭希望能回馈社会,却没有时间和资源来设立基金会。“ 社会基金会希望为善长仁翁提供一站式咨询,协助他们管理基金,并确保良好且高素质的监管水平。”

她说,更多有经济能力的家庭推动慈善事业,把它当作教育下一 代社会责任的方式。近年就有更多家庭找上社会基金会,要求协助以 家人名义设立基金。

不过这类捐款者一般保持低调的捐款方式,谢绝受访。

罗佩仪受询时透露:“尽管经济增长放缓,基金会今年的捐款额 增长率仍持稳。受经济影响,加上去年SG50庆祝活动和优惠(捐款税 务回扣300%),去年收到的捐款额其实比较多,不过基金会今年也 迎来新的捐款者,因为他们明白在当前的经济情况下,更需要帮助有 需者,因此整体的捐款情况仍不错。”

至今,社会基金会已协助设立80多个基金,发放4200万元,支持 不同慈善项目,合作的慈善团体有超过400个。

基金会根据捐款者想支持的公益项目类别,协助成立基金,让相 关志愿组织机构利用。虽然多数捐款者支持的项目普遍针对年长者、 体障、教育事业等,但已逐渐以较新颖的方式推行,不局限于颁发奖 学金和助学金。

退休商人伯德(William Bird)与妻子设立的基金资助一些机构 为年长者举办郊游活动等,过去六年已有50多个乐龄护理中心获益。

SymAsia是另一个协助捐献者以个人或公司名义设立基金、并在 本地注册的基金会,由瑞士信贷(Credit Suisse)管理。这也是亚太 区唯一由银行经营的捐献者指示基金会(Donor Advised Fund)。捐 献者须承诺至少100万元设立基金。

瑞信亚太区家族办公室服务兼慈善顾问董事洪智聪指出,自2010 年设立以来,SymAsia基金会截至去年10月已有约8000万元捐款支持 亚太区的300多个慈善机构。SymAsia旨在支持人道和社会发展项目、 自然保护、教育、文化等方面的公益事业。

Read more.

Translation:

From helping the elderly to the S R Nathan Education Upliftment Fund, CFS has grown from seven to 80 funds in eight years, supporting a wide range of causes.

CFS provides philanthropy advisory services to donors who pledge $200,000 to set up a fund.

Said CFS CEO Catherine Loh, “More wealthy individuals or families want to give back but lack the time and resources to set up their own foundations. CFS offers one-stop philanthropic services for these donors, helping to manage the funds and ensuring that all grants are made with high levels of governance and accountability.”

“More families have started charitable giving as they see family philanthropy as a way to bring multi generations closer together and instil a sense of social responsibility in the younger generation. In recent years, an increasing number of families have approached CFS to set up family or legacy funds.”

Many of these donors wish to remain private and declined to be interviewed.

Ms Loh continues, “With slowing economic growth, as well as donors having given a higher than normal amount last year due to SG50 celebrations and incentives (300% tax deductions), we do find that donation amounts are lower this year. However, we also have new donors who understand the urgency to provide more financial support to the needy despite the economy slowdown. As a result, overall donation growth is constant this year.”

Up till today, CFS has raised $80 million in donations, disbursed $42 million in grants in partnerships with over 400 charities.

CFS helps donors set up funds, then bridge donors to support their desired charitable causes. While most donors still gravitate towards the usual causes such as education, health, elderly and the disabled, they are open to supporting these causes in new ways.

Mr and Mrs William Bird’s fund has benefited seniors from over 50 eldercare centres.

SymAsia is another organisation that helps individual donors or companies set up funds, managed by Credit Suisse. It is Asia’s first bank that manages donor advised funds, with a minimum donation of $1m to set up a fund.

SymAsia’s Deputy CEO Bernard Fung said, “Since 2010 till last October, SymAsia has raised $80m in donations to help 300 charitable organisations in Asia. SymAsia supports development and community programmes in environment, education, culture.”

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Stories Of Impact

Dayspring Residential Treatment Centre – Letter to a donor

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Dear Donor,

Thank you for your support of Dayspring Residential Treatment Centre.

We recently attended a graduation ceremony there and would like to share with you how it went.

A was accepted into Dayspring Residential Treatment Centre in December 2014. She had severe anger management issues, emotional outbursts and made various attempts to run away from the home. Six months after entering Dayspring, she was so touched by the concern shown by the carers, counsellors and residents there that she decided to turn her life around and ‘graduate’ from the programme. A achieved her target in two years and will soon be leaving Dayspring to begin a new chapter in her life.

As it was her ‘graduation party’, she got to decide who to invite to celebrate her success. Those present included her mother, friends, social workers, volunteers and many others who played a significant role in her life during her turnaround period.

It was not easy for A to share her experiences in front of so many people, but she did so bravely – acknowledging everyone who helped make her the person she is today. Through the process, A had reconciled with her mother and was even able to thank her publicly for her unwavering love and support. This was a quite an achievement considering that A used to have a volatile relationship with her mother.

The guests took turns to offer A words of affirmation and encouragement for the positive changes they saw in her. She was presented with a certificate and a unique butterfly necklace which symbolised her growth and transformation. The staff and residents also produced a video documenting her journey in Dayspring.

With the help of Dayspring, A is currently training under a pastry chef at the Fullerton Hotel. We were all privileged to taste the delicious Nutella cake personally baked by A. Looking ahead, A will be working hard towards achieving her dream of becoming a chef, and owning restaurants, bars and cafés around the world.

The graduation ceremony provided us with a glimpse of the extensive work that Dayspring undertakes in rehabilitating teenage girls like A and giving them the last mile opportunity to turn their lives around. It gave us a chance to appreciate the work of the centre and get to know the girls a little better. It was an afternoon well spent and we certainly missed you at the event.

I am sharing this to show the impact your donation has made on A and many others like her. Thank you for making a difference in their lives.

Best regards,

Belinda Lee
Principal Consultant, Philanthropy & Grants
Community Foundation of Singapore

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The Straits Times: The ST Guide To… giving to charity

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For those with fatter wallets and who hope to create a greater impact with their gift, they can even consider setting up a charitable fund to give to causes close to their hearts.

For example, the Community Foundation of Singapore (CFS), a non-profit group, helps donors find a more structured and sustainable way of giving by providing advice and managing their charitable fund.

To set up a named charitable fund in the CFS, where the donor decides on the fund’s name and the causes to give to, donors must pledge at least $200,000.

For those with slimmer bank accounts, there is no minimum sum to give if they want to donate directly to the Community Impact Funds that have been set up by the CFS to support lesser known causes, such as helping migrant workers in distress and taking home-bound seniors on outings. Read more.

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