Opinion
Speech by Grace Fu, Minister for Culture, Community and Youth at CFS’s 10th anniversary celebrations: Working together to build a caring Singapore
wavy line banner

Opinion

Opinion

Speech by Grace Fu, Minister for Culture, Community and Youth at CFS’s 10th anniversary celebrations: Working together to build a caring Singapore

Picture of John Doe
John Doe
Grace Fu delivering speech at podium to audience.

Mr Laurence Lien, Chairman, Community Foundation of Singapore
Ms Catherine Loh, CEO, Community Foundation of Singapore
Distinguished Guests
Ladies and Gentlemen

It is indeed my great pleasure to be here today. First, I would like to congratulate the Community Foundation of Singapore (CFS) on its 10th anniversary. Throughout the past decade, CFS has done excellent work in raising funds and giving out grants, as well as in inspiring and enabling giving in Singapore. This is in no small part due to the generosity and hard work of staff, donors and partners. I’d like to express my gratitude and to commend all of you for your contributions. CFS was first started during the tumultuous period after the global financial crisis, and conversations about donations must have been difficult. Nevertheless, under the stewardship of Laurence, Catherine and Stanley, CFS has really grown over the years. Once again, thank you so much!

Philanthropy has played an important role in Singapore’s history
Philanthropy has always played an important role in the history and development of Singapore. In fact, records of philanthropy in Singapore go back to as early as the 1800s when immigrants came to this country in search of opportunities. Notable philanthropists such as Lim Nee Soon, Tan Kah Kee, Syed Mohamed Alsagoff and Govindasamy Pillai have responded to the needs of their times. These are early pioneers who have very selflessly and generously helped their communities. They helped to build up Singapore in the pre-war years, rebuild it in the post-war years, and worked alongside the government to develop our infrastructure after independence.

Today, it is just as crucial to build a culture of care and contribution. We live in an increasingly complex and dynamic environment. In many developed countries, socio-economic challenges have bred distrust and grown uncertainty. Terrorism continues to be a global threat. Within our region, exclusivist trends are rising, and societies are becoming increasingly polarised. At the same time, technology is disrupting nearly everything, from industries and jobs, to the way we live, to the way we do business and interact with one another, to our social hierarchy. Singapore is not immune to such threats and challenges, especially when we are so diverse as a people. So when we care and look out for one another, when we have that relationship that is beyond the transactional but instead comes from within the heart and is genuine, we will be better equipped to stand together in times of crisis.

Government support for philanthropy
There is already a strong support infrastructure for philanthropy to thrive. The Government gives tax deductions for donations to charities. There are matched-funding initiatives that have spurred more giving by individuals and corporates; for example, MCCY’s Cultural Matching Fund which supports giving to arts and culture, and the One Team Singapore Fund, which supports high performance sport.

The Government is also committed to developing a well-governed and thriving charity sector, with strong public support. In January this year, the Parliament passed the Charities (Amendment) Bill, which seeks to strengthen governance of fund-raising in response to trends in charitable giving.

As Singapore’s only community foundation, CFS plays an important role as a bridge between local communities and the larger charitable ecosystem. Beyond just encouraging cheque-book donations, CFS has connected donors with organisations that support their cause. For example, 71-year-old Mr Govind Bommi felt an affinity for the eldercare sector. Through CFS, he was connected with Metta Day Rehabilitation Centre, which provides rehabilitative care for elderly beneficiaries from all races and backgrounds. He then set up a fund to support the Centre, and continues to volunteer there today.

Closing gap between aspiration and participation
But there is more we can do for Singapore to be a more caring society. The Individual Giving Survey conducted by the National Volunteer & Philanthropy Centre (NVPC) showed that although the total donation amount to organisations has grown over the years, the overall rate of donation* has declined, with 3 in 4 donating in 2016, compared to 9 in 10 a decade ago. However, among the non-donors, 1 in 3 said they are likely to donate in future. Similarly, in the volunteering space, there is high propensity among non-volunteers to volunteer in future.

We want to close this gap between aspiration and participation, and unite Singaporeans through a common culture of care. This is the basis for SG Cares, a national movement for us to better support one another in making Singapore a caring society through giving, through volunteering, and through acts of kindness. By bringing together partners across the people and private sectors, SG Cares enables the building of capabilities across organisations to grow opportunities for contribution. SG Cares also better equips individuals and organisations who want to give back, and connects them with suitable opportunities to do so. So it’s very much an encouragement and a call to action. But more importantly, it’s about building the infrastructure, platforms, connections and capabilities within the sector.

The work at CFS contributes to SG Cares, because an impactful philanthropy landscape is a hallmark of a caring society, where those with resources give back effectively to help those in need. Collaboration is the way to go, and donors today are taking more initiative, and seeking more meaningful engagement opportunities. CFS is well positioned to seize these opportunities and provide the platforms. For example, the Colabs series by CFS and NVPC brings together givers, non-profits and sector experts to build insights and co-create solutions together. This not only encourages more collective efforts that deliver impact, but also deepens the knowledge base to guide donors to areas of needs. It also improves the design of programmes and how volunteers are involved, to better serve the community.

Caring involves all of us
The making of a caring Singapore involves and requires all of us – the government, non-profit sector, businesses and individuals – to work together to find solutions and demonstrate care and compassion for our community. With this shared sense of responsibility, we stand a better chance in riding out the waves of global uncertainty and disruption. By caring for one another, we foster resilient communities that stand together in both good and bad times.

To conclude, I would like to leave you with the words of Winston Churchill: “We make a living by what we get, but we make a life by what we give.”

Once again, congratulations to CFS on your 10th anniversary! And once again, thank you for your contributions and I hope you will continue to inspire others with your efforts and actions. I’m sure there will be greater capacity for CFS to grow. Thank you.

Grace Fu
Minister for Community, Culture and Youth

*Through both formal and informal means.

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

Budget 2023: Govt to extend 250% tax deduction for donations until 2026

Picture of John Doe
John Doe
a person standing next to a white van

Singapore will extend its tax deduction rate for donations for another three years until the end of 2026, as part of efforts to foster and sustain a spirit of giving.

Deputy Prime Minister and Finance Minister Lawrence Wong said on Tuesday that this will be done although the tax deduction for donations at 250 per cent is 
already very high compared with other jurisdictions.

The Government will review thereafter what would be a more sustainable level of tax deduction for the longer term, he said.

He added that Singaporeans have donated generously. Despite the economic downturn due to Covid-19, the donations received through Giving.sg were about three
times higher than pre-pandemic levels, and have remained around $100 million in the last three years.

Giving.sg is a one-stop national giving platform by the National Volunteer and Philanthropy Centre, which hosts more than 600 registered non-profit groups in
Singapore.

Another way to continue to foster the spirit of giving that Mr Wong highlighted is through tax-deductible donations to Institutions of a Public Character (IPCs) and
eligible institutions.

The Government will also enhance the existing Business and IPC Partnership Scheme into a broader Corporate Volunteer Scheme, which will be extended for three
more years to Dec 31, 2026.

From January 1, 2024, the scope of qualifying volunteering activities will be expanded to include activities which are conducted virtually or outside of the IPCs’
premises.

The Government will also double the qualifying per-IPC cap to $100,000 per calendar year, to facilitate deeper partnerships between businesses and IPCs, he said.

It will also continue to strengthen the capabilities and support the services of charities, social service agencies (SSAs) and community organisations.

“(They) play critical roles in looking after the vulnerable, and mobilising Singaporeans to support those who are in greater need,” said Mr Wong.

Also announced was a $1 billion top-up of the Community Silver Trust, which provides dollar-for-dollar donation matching grants for SSAs that provide community care services for seniors.

This will enable the SSAs to enhance the quality and accessibility of community care, especially for the more vulnerable seniors, he said.

Charities and SSAs can also continue to tap the Charities Capability Fund (CCF) and the Community Capability Trust (CCT) to drive innovation and transform their
operations.

The CCF aims to enhance productivity, operational efficiency, governance and management capabilities of charities and IPCs. The CCT is a platform to support
capability and capacity-building schemes and initiatives for the social service sector.

The Government will also top up $10 million towards self-help groups over the next three years.

Said Mr Wong: “They are doing good work on the ground, and are well placed to provide assistance to members of their respective communities who need help.”

He also cited the example of Ms Emily Yap, a registered nurse at Alexandra Hospital, as someone who still volunteered on her days off for the wider community
despite her heavy workload during the pandemic.

Ms Yap started a ground-up initiative with other like-minded people to deliver grocery packs to the elderly and lower-income families in the community.

She also used her own Community Development Council vouchers to buy kueh bangkit (coconut cookies) for vulnerable families during the Chinese New Year period.

“This is what the Singapore spirit is about,” said Mr Wong.

“We have seen it in action, and experienced it in abundance over the last three years – how we are responsible for one another, keep an eye out for our fellow citizens, and always band together as a team.”

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

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

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

Picture of John Doe
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/

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

Business Times: Size no barrier to structured corporate giving

Picture of John Doe
John Doe
A newspaper article showcasing how size is not a hindrance to structured corporate giving. Exploring corporate philanthropy regardless of company scale.

Liontrust hopes its charity fund will spur fellow SMEs to make their giving count

Many owners of Singapore’s small and medium-sized enterprises would gladly give back to their community. But, without the heft larger corporations have, it is easy for them to resign themselves to thinking that each dollar they give won’t go as far, says Lim Wei-Jen, 47.

He wants his company’s giving to count for more.

Mr Lim is the founder of Liontrust, a trust and wealth management firm that got its start in 2005 and then rode the wave of growth in Singapore’s wealth management sector. It now has offices in Hong Kong and New Zealand too.

“It has always been in our plan that we want to commit a percentage of our profit to charity. We are quite blessed that the business has brought about additional income, that allows us to give,” says Mr Lim.

That desire to give of their gains is shared by the rest of Liontrust’s management team, says managing director Ashley Ong, 52. Many of them come from humble backgrounds. In Mr Ong’s case, his mother worked hard as a school sweeper to provide for her nine children, but never shied away from giving to those in need. “‘If you have the means, please help,’ she’d say.”

Mr Lim says, “In this world, there are the haves and the have-nots. The have-nots are really struggling; the haves may have no qualms about dining, opening a bottle of wine that costs a few thousand dollars…. We see the gaps in society and want to do our part to build a more inclusive home.”

In the early years, Liontrust’s giving was fragmented and ad-hoc, says Mr Ong. But the team did hope to eventually undertake a more structured and sustained approach to giving.

“How do smaller companies typically give? Do we just write a cheque to whichever organisation happens to knock at our door?” says Mr Lim. That also meant defaulting to safer, more established names.  “But these organisations are usually well supported and probably have sufficient publicity.”

Mr Lim says, “Do you only give to those with the highest profiles? We wanted to go deeper. To find charities with needs that we were not aware of.” Trouble was, that work of uncovering and assessing lesser-known charities would take more time, effort and expertise, he adds.

The business of doing good
This was why, when the Liontrust team came to know about the Community Foundation of Singapore (CFS), things clicked into place swiftly.

“Before starting with CFS, we talked about creating an internal committee, which would help to find targeted beneficiaries, but that wasn’t the best use of our resources as many of us were not familiar with the charity sector.

“By setting up a fund with CFS, we are guided by professionals who have the breadth and depth of knowledge of the charitable landscape in Singapore. This is an immense help to maximise our reach to those whom we want to help,” says Mr Ong.

Since starting the Liontrust Charity Fund with CFS in 2015, Liontrust has given to several children’s causes, supporting children from disadvantaged backgrounds and with special needs, as well as assistive technology training for visually impaired children. CFS also surfaced less-publicised needs to Liontrust, such as the need for donations to cover fares of the London cabs that wheelchair-bound children from low-income households need to get to their hospital appointments.

Mr Ong describes Liontrust’s partnership with CFS so far as “a match made in heaven”.

Beyond receiving assistance with due diligence and reports on how each dollar is disbursed, CFS made it possible, in the first place, for Liontrust to set up a fund with relatively lower capital.

It might have been daunting for a small company to put aside a large sum at one go, but Liontrust was able to meet their intended commitment to the fund they set up in smaller, yearly tranches instead of a lump-sum.

Positive externalities
Choosing to manage its corporate philanthropy by setting up a fund aligns nicely with Liontrust’s business goals. “We’re in the business of trust, and some of our clients have also been interested in philanthropic giving, so we thought we should do it ourselves.”

What Mr Lim and Mr Ong did not anticipate though, was how Liontrust Charity Fund has become a rallying point around which to encourage their colleagues, clients and associates to give – whether by volunteering time or donating money.

“It’s been interesting because, through this, I’ve also been able to rally some of my closer friends and business associates,” says Mr Lim.

It is not uncommon, he observes, for well-heeled professionals in Singapore to have more than they need. Mr Lim also believes people to be innately kind and keen to give. Yet, many are so strapped for time to think about how best to use excess funds that often, they just end up buying another property. “With the fund, we have an opportunity to offer them an avenue to give and make a difference in other people’s lives without having to worry about due diligence,” he says.

They hope Liontrust’s modest experience will spur other smaller companies to pursue structured corporate giving too.

“I would encourage companies, whether small or big, to consider CFS. Often, the impression is that it is the big-name companies that can set up a foundation, organise a big charity run to fundraise… We don’t have those resources, yet we have been able to do this our own way,” says Mr Ong.

“Yes, there are fees to pay, but the extra help that comes really makes your every dollar count,” he adds.

And while the myriad reasons to embark on structured corporate giving certainly include the good that it does for a business’ brand – that cannot be the motivation, says Mr Lim. “Companies should not go in with the intention of getting publicity, of getting some mileage out of giving. You just have to take the first step in giving.”

Source: Business Times © Singapore Press Holdings Limited. Permission required for reproduction.

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

Giving from strength to strength

Picture of John Doe
John Doe
Catherine Loh posing for a photo

In the Community Foundation of Singapore’s (CFS) first year of operation, few individuals wanted to talk to us about philanthropy. Thanks to a founding group of seven donors in 2008 who placed their faith in us, we started to see growth.

As CFS commemorates its 10th anniversary, we are delighted to witness how our carefully cultivated seeds to enable philanthropy have borne fruit. Earlier this month, the Straits Times published an article More wealthy donors setting up private charity funds highlighting the encouraging trends amongst private donors in Singapore and featuring two of our donors here and here.

For instance, CFS’s donor pool has grown more than ten-folds, from seven in 2008 to 110 in 2018.

Our donors increasingly include younger individuals. Today, around 40% of our donors are aged 50 and below, as compared to one such donor in 2008. We think the growth of younger donors underscores a broader, positive shift in giving attitudes, and with many latent donors in our society, we believe this number is set to grow.

As we celebrate these recent events, we are also delighted to highlight three programmes that are expanding their activities and impact through the generous contributions of our donors.

Care Corner Educational Therapy Service plugs a critical gap for children with special learning needs in mainstream schools.

Apex Harmony Lodge’s personalised model of dementia care empowers patients to live with dignity and well-being.

Tabung Project by Beyond Social Services is an innovative grassroots initiative that has enabled children from lower-income families to experience the benefits of saving.

After all, growing together – CFS, our donors and charities – is what allows us to offer the local communities we support the best means for meaningful change.

Catherine Loh
Chief Executive Officer
Community Foundation of 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.

Trending Stories

Scroll to Top