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Speech by Chairman Laurence Lien at CFS’s 10th anniversary celebrations
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Opinion

Speech by Chairman Laurence Lien at CFS’s 10th anniversary celebrations

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John Doe
Chairman Laurence Lien Speaking in front of the stage

Thank you all for joining us in this celebration.

CFS was first incorporated on 8 September 2008; hence our 10th birthday celebrations now. Lehman Brother collapsed on 15 September 2008, so we are also commemorating 10 years of the Global Financial Crisis.

I spoke of how we were born in bad times at our Chinese New Year luncheon in March. I will not repeat what I said, except to emphasise again how difficult it was to start up. It was difficult to hire, because we were a start-up doing something novel here. Donors didn’t want to talk to us. And there were even people in the sector who did not want us to exist, as they saw us as competition for funds.

Surviving those early days was a minor miracle. I was there at the start so I have my war stories. Frankly, before I became the CEO of NVPC in 2008, the first job that then Chairman of NVPC, Stanley Tan, offered me was not the NVPC one, but to be the first CEO of CFS.  I rejected it, and took the NVPC one instead. But little did I know that after the first six months, I was to do both jobs, and became the acting CEO for nearly four years.

So there we were at the start helping donors give strategically, bridging them with charities, providing donor advice, grantmaking expertise and back end administration. What we still do today.

Writing a cheque is not difficult at all; but giving well is. In my years at NVPC, I kept hearing from people that they wanted to give, but did not know how. They didn’t know where the social needs were, or how to assess charities and programmes. So we helped them, cut out the hassle and thereby increasing the joy of giving.

But being a good idea is not enough. People had to believe that we could do what we said we would. We spent the best of our first five years just building credibility. And 10 years on, I am very proud of what we have built.

Catherine has already mentioned the numbers. Let me just include two more. One, at least three of our donors have gone on to form their own foundations. This to me is a sign that we have helped these donors learn and mature, and we can let them go on to do greater things. Two, when we conducted a comprehensive ‘Donor and Grantee Perception Survey’ a few years back, we had very high donor satisfaction ratings – with 83% satisfaction rates and 93% saying that they would recommend CFS services to others. But satisfaction among our grantee charities was even better: 94% rated CFS as efficient and effective. This shows that we are able to be close to the charities and help them bridge effectively to our donors.

As someone who has been so actively involved in the growing CFS, I am extremely proud of what we have achieved in these 10 years.

To come this far, there are many people I would like to thank, especially those who were there during our early years:

  • Our first Chairman Stanley Tan who not only was the architect and founding chair of CFS for its first five years till 22 Aug 2013, but he was also single-handedly responsible for bringing in the first $15 million in pledges.
  • The other founding board members – J Y Pillay, David Lim, Mary Ann Tsao, Kwek Siew Jin. As a young start-up, donors would typically ask who is on the board. When we mention J Y Pillay, they would immediately say, okay, I know I can trust you.
  • All staff who have helped make CFS’s first 1,000 days, without whom, we could not possibly be successful I would like to single out two amongst us today. Yvonne Yu who joined us in January 2009 and Joyce Teo who joined us in March 2009.
  • All our donors, particularly our founding donors who gave us a chance like Stanley Tan and MILK Fund, William and Mary Bird, Simon Cheong and UBS. We also have in our midst Yeoh Keng Joon, Vivien Goh, Changi Airport Group, Ascendas-Singbridge and the family of former President S R Nathan, who have all been strong supporters of CFS for many years. In fact, Mr Nathan officially launched CFS in February 2009, and subsequently trusted us with his S R Nathan Education Upliftment Fund which is now over $10 million in size and has helped over 1000 students.
  • Our international advisory council members – Clare Brooks, Eileen Heisman, Anne Boyd and Bob Edgar. These people had so much experience, and they were incredibly generous to give us time to share and guide us. Whenever we had a difficult question, we would shoot it to one of them, and we would almost always get a detailed and insightful reply within 24 hours. They were simply amazing.

And the many others who came along and played their invaluable role in making us the success that we are today. Thank you all of you. This has truly been a community effort, and I am privileged to have been part of that journey.

What would the next 10 years look like for CFS? Moving forward, I believe there is still much work there needs to be done. I think CFS has only reached out to a small fraction of our addressable market. CFS has grown rapidly, but the number of people with significant means and who want to give strategically have increased substantially.

What is my own vision for CFS in 2028?

One, that we be at the forefront of community philanthropy, that we build this sense that the many communities in Singapore can come together to solve our own problems, without always looking to the government. I hope that in 2028, we will see mini community foundations in our neighbourhoods, in places like Toa Payoh, Queenstown and Punggol.

Two, that we have democratised giving. Giving is not only for the rich; everyone should and can give. I hope to see young adults start donor advised funds with us, at smaller amounts of commitment, and our collective funds grow with widespread contributions.

Three, I hope to see CFS raise $1 billion in donor funds, maybe not in 10 years’ time, but at some point in the future.  I believe we are at an inflection point. As we grow legacy giving, we are planting seeds for growth that will bear fruit in the future. I hope to encourage Singaporeans to give when we are alive and able to enjoy giving.

But this is my own vision. Over the next few months, we will be transitioning to a new chair.  We already know who the new chair is but will announce only a little later. So the new chair, together with the board, will develop and own the vision for the next 10 years. I can only step back and cheer them on.

All I know is this. CFS has come so far. Moving forward, CFS is well-positioned to continue to grow from strength to strength. We count on you present today, to continue journeying with us, to grow this community of givers. We all are part owners of CFS because we are all the part of the Singapore community. Be engaged. Broaden and deepen our community. Give more. And invite me back in 2028.

Thank you.

Laurence Lien
Chairman
Community Foundation of Singapore

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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

Pragmatic reasons to engage In philanthropy

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John Doe
Elderly man lying on grass with sign.

Educator George Jacobs became involved in philanthropy because he wanted to put his money where his mouth is. As someone who feels strongly about contributing to greater food security in Singapore, the passionate advocate for a vegan lifestyle established the Relaxed Fund to promote horticulture in the little red dot.

“My wife and I wanted to encourage people to eat more plant-based foods, as these foods boost human health and address global warming issues. One way to convince people to change their diets is to immerse them in growing greens themselves, so they feel a sense of ownership. Thus, they want the greens to find a good home — in their stomachs,” he says.

In partnership with the Community Foundation of Singapore, which enables philanthropy by matching donors’ interests with causes, the Relaxed Fund has thus far spearheaded the launch of three edible community gardens. Jacobs regards these gardens as a tangible step towards increasing the country’s self-reliance on food, saying, “The government has a 30 by 30 goal, for Singapore to produce 30 per cent of our food needs by 2030. Everyone needs to help if we are to reach this goal and home and community gardening is one method of achieving the target.”

Practically speaking, there is a need for the wealthy, particularly in Asia, to step forward the way Jacobs has. “Asia has amassed one-third of the world’s wealth, but still has two-thirds of the world’s poor,” says Dr Ruth Shapiro, chief executive officer of the Centre for Asian Philanthropy and Society (CAPS).

Practically speaking, there is a need for the wealthy, particularly in Asia, to step forward the way Jacobs has. “Asia has amassed one-third of the world’s wealth, but still has two-thirds of the world’s poor,” says Dr Ruth Shapiro, chief executive officer of the Centre for Asian Philanthropy and Society (CAPS).

In the wake of the Covid-19 pandemic, international support is on a gradual decline, which means an “Asia for Asia” centric philanthropy has to fill the gap, the Doing Good Index, the latest study by CAPS indicates. “There is now a unique opportunity to use this newly created wealth to alleviate poverty, protect the environment and promote societal resilience,” Dr Shapiro adds.

The advantage of philanthropy in its various forms is that it enables donors to steer the impact they hope to achieve in their field of interest. “Many donors who come to us already have a passion for a particular cause,” explains Catherine Loh, chief executive officer of the Community Foundation of Singapore (CFS). To date, its donors have given about $70 million to over 400 non-profit organisations in the areas of education, health, social and welfare, arts, culture, environment and more. “While charity is a natural, emotional impulse to an immediate situation and giving usually occurs in the short-term, philanthropy addresses the root cause of social issues and requires a more strategic, long-term approach.”

She cites former president SR Nathan, who established an education endowment fund with CFS after he stepped down as president, spurred by his personal experiences of overcoming hardships. The endowment fund has since helped many beneficiaries graduate with diplomas and degrees, hence securing a better future for these individuals and their families, an outcome that was close to his heart.

There are also business imperatives that spur some to engage in philanthropy. For starters, Singapore has the highest tax subsidy for charitable giving in the world at a rate of 250 percent for individuals and companies, which offers a strong incentive to give.

It also bodes well that many companies do care about the communities in which they operate, observes Dr Ruth Shapiro of CAPS — and philanthropy gives them an avenue to engage with these local communities in various ways. Funding social delivery organisations is one straightforward way of doing so. According to the Doing Good Index, the average social organisation in Singapore only receives 16 percent of their budget from companies, indicating there is potential for further monetary contributions.

“Businesses can encourage their employees to volunteer and sit on boards of non-profit organisations and social enterprises,” Dr Shapiro adds. She notes that in Singapore, only 55 percent of non-profit board members have corporate experience, hence encouraging volunteering in this form would allow important skills and business rigor to transfer to the social sector. Taking on such roles may also provide individuals with an additional opportunity to develop leadership skills that can benefit the business in turn.

Philanthropy via the establishment of a foundation dedicated to a specific cause can also be instrumental in uniting successors of a business or a family with shared purposes. “This is one way to pass on one’s interests and values and an opportunity to make an impact now in their lifetime and beyond,” says Loh.

Ultimately, at the end of the day, the oft uttered trope that by doing good, one feels good too might be the most powerful motivating factor. This concept, which is advocated by French neuroscientist turned Buddhist monk Matthieu Ricard, has been proven in many studies that show people who give are significantly happier than those who spend only on themselves.

Jacobs of the Relaxed Fund could not agree more. He says, “My wife and I have already lived for over sixty comfortable years. Taking a little time from our schedules instead of watching Netflix and spending a little of the funds we have accumulated, instead of using them for some products we do not need, is a sweet feeling.”

Source: a.com

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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.

Stories Of Impact

Life after winning the 2020 Goh Soon Tioe Centenary Award: Natalie Koh’s pursuit of a career in musical excellence

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John Doe
a woman playing a violin

Winning the Goh Soon Tioe Centenary Award in 2020 was a pleasant surprise for talented violinist Natalie Koh, who was not usually recognised for her solo performances and had to prepare for the Award’s audition just after last year’s circuit breaker without any formal instruction.

“I am deeply honoured to have received the Goh Soon Tioe Centenary Award in 2020. Violin playing has always been something that I am very passionate about, although my growth and achievements have not always been a given,” says Natalie. 

“A lot of conscientious and diligent work was put into moulding myself into the musician that I am currently and that I am proud to be.”

Since then, the budding musician has kept herself busy and forged determinedly ahead in her musical career. These included performing in digital concert recordings, teaching the violin at Forte Musicademy as a private violin teacher, and engaging with the special needs community through various community art activities.

Apart from keeping a hectic schedule as a performer, Natalie also spends much time imparting her love of music to the next generation of budding musicians — serving as a Teaching Assistant in her Alma Mater, the Yong Siew Toh Conservatory, and as an Assistant Director for classical music concert recordings and productions by the Singapore Symphony Orchestra, alongside other local organisations.

The promising young musician was also able to present her solo recital at the Awards, for which she was extremely excited and thankful for, as her graduation recital was put off last year due to the pandemic’s restrictions. “Overall, I would say that my recital was a success, and I hope that I fared well as a representative on behalf of the Award and the music community,” Natalie recalls with pride.

The Award’s prize money has enabled Natalie to realise her dreams of going overseas to attain a Master’s in Violin Performance, which will broaden her horizons as a performing violinist, music educator and community artist. She hopes to take the experience and knowledge gained from the two years abroad and expand her musical practice upon her return to Singapore.

Natalie recognises that living and studying in Chicago will prove to be expensive, but with the $10,000 award money, she will be able to defray some of her living costs. With the reduced financial burden, the young musician will be able to focus on learning to the fullest of her abilities in the States.

The Goh Soon Tioe Award has supported yet another promising young musician in paving her way to a brighter future towards a career in music, and adding another valuable gem to the flourishing music scene in Singapore.

“I am deeply thankful for the recognition and the support from the Goh Soon Tioe Centenary Award and the Community Foundation of Singapore. This Award has raised my profile as an emerging musician in Singapore, and I sincerely hope that I can be one to shape and grow the classical music scene in Singapore,” says Natalie.

Read and learn more about Natalie’s first steps into music and how she grew to become the talented musician that she is here.

If you would like to contribute towards the arts or support causes that you are passionate about, please visit our website at https://www.cf.org.sg/

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Events

Impact lives through savvy giving

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John Doe
Four women standing together in a room with a table, engaged in a conversation and displaying a sense of camaraderie.

Make savvy giving a legacy in your life: that was the clarion call to around 100 donors, charities and partners at the Community Foundation of Singapore’s (CFS) Lunar New Year lunch held in February.

“Being savvy in giving is about going beyond the usual traditions of supporting general fundraising campaigns, to deliberately taking charge of generosity,” shared Christine Ong, Chairman of CFS in her opening speech, “It’s about planning and thinking deeply about how to create a powerful effective result, to improve things and impact lives.”

Signaling a new phase for CFS in her first year as Chairman, Christine outlined CFS’s ambition to nurture “a nation of savvy givers” to create a more caring Singapore.

“The signature of a savvy giver or philanthropist, is to be bold and informed, curious and committed, and enthusiastic about putting into practice their beliefs and hopes for a better world,” she explained.

To this end, Christine highlighted that CFS would work on championing new giving by reaching out to donors and making giving easy and meaningful. Moving forward, CFS would also continue to drive collaboration for change, provide professional learning opportunities to the local sector and develop CFS’s organisational culture and capacity.

The lunch also saw the announcement by CFS for a new nationwide Legacy Giving Initiative – an ambitious project to help donors making savvy giving a legacy in their lives.

CFS wants to make legacy gifts a social norm in Singapore, and for donors to consider giving at every stage of their life journey.

The three-year initiative will be launched in the latter half of 2020. It aims to reach out to three audiences: donors, professional advisors and charities by promoting awareness, building and sharing knowledge and supporting action.

As Singapore’s only community foundation, CFS is fortunate to build on over 11 years of experience, to bring donors, charities and other stakeholders together.

Rounding off the lunch, CEO Catherine Loh thanked CFS’s donors, Board, partners and charity partners for their support as CFS turned a new page in its history. “We will be embarking on new initiatives and pursuing innovations as we build towards the future. Our Legacy Giving Initiative will further strengthen CFS’s position as the go-to philanthropy resource in Singapore, benefitting donors and charities alike,” she shared.

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.

Stories Of Impact

Care Corner Educational Therapy Service – Tackling gaps for children with special learning needs

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John Doe
A child creatively arranges red and white paper to form letters, showcasing their artistic skills and imagination.

Singapore can take pride in being billed the best country for children to grow up in, based on a 2018 report by the non-governmental organisation, Save The Children. Yet, for children with special learning needs within mainstream schools, there remains room for timelier intervention and more holistic support.

Supported by multiple donors from the Community Foundation of Singapore (CFS), Care Corner’s Educational Therapy Service (ETS) has been serving children with special learning needs in mainstream schools from Kindergarten 1 to Primary 6. More than half of its students are from lower-income families, where lack of financial resources often means delayed diagnosis or access to specialised learning support services. Children struggle to keep up with their educational milestones and peers, hurting their self-esteem and motivation.

Care Corner’s ETS well-received Specialist Tuition (English) and Specialist Tuition (Math) programmes have helped these children overcome their challenges and progress in their academic journey. Over 70% of its students showed improvement in their literacy and numeracy skills in 2017, based on assessment scores.

Many of its students spend on average of at least two years with ETS, benefiting from small class sizes where teachers adapt learning methods to the needs of each child. “Current mainstream resources do offer short-term support, but in reality, such children require continuous, targeted help for longer duration to allow the child to pick up the needed skills,” says Isaac Tan, Clinical Director.

More notably, its Specialist Tuition programmes are designed to not just improve key skills, but actually meet the academic demands of mainstream curriculum. “Improving reading skills does not mean the child can address academic demands, and tuition classes without these specialised methods might not cater to these children’s weaknesses,” adds Isaac.

Care Corner’s dedication to its mission can be witnessed in its innovative KidsBright Programme, which it developed by exploring research into brain development and contemporary movement therapy. KidsBright takes a three-pronged approach, through brain-stimulating movement exercises, diet, and mental training to help stimulate a child’s brain.

Care Corner believes tackling underlying causes in cognitive difficulty can have far-reaching effects in boosting learning. Impressively, more than 90% of children in its 2017 programme saw improvements in their learning abilities based on parental feedback.

“By addressing the underlying causes, these children may reach a level of improvement that they no longer require specialist tuition,” expresses Isaac. KidsBright’s approach is now being compiled into a research study, which Isaac hopes will catalyse and influence local approaches towards children with special learning needs.

Moving forward, Care Corner ETS is piloting a new Psychological Assessment Service in the second half of 2018. Tan believes such services are much-needed, especially for lower-income families, as early diagnosis allows children to receive interventions at an earlier stage and improves their chances of catching up with their peers.

Increased demand for its services has also seen Care Corner ETS open a new centre in Woodlands. Joanne Sim, Programme Head and Senior Educational Therapist, expresses, “With our expansion into Woodlands and launch of psychological services, we aim to offer a more comprehensive range of services, whilst reaching out to more children with special learning needs to support them in achieving their potential.”

Photo: Care Corner Educational Therapy Service

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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