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5 Critical gaps in caring for vulnerable seniors in Singapore
Singapore is fast reaching superaged status. Life expectancy is going up while the birth rate is heading south. By 2030 – not many years from where we are today – one in four Singaporeans will be 65 years or older. More worryingly, a fifth of that cohort will be over 80 (Population in Brief 2021).Ageing well and quality of life are huge concerns for our elderly. The biggest challenges centre on health: physical frailty or disability, sensory impairment such as hearing loss, or chronic conditions such as dementia or diabetes. However, ageing is not just a matter of biophysical health. It is also about bolstering psychological, emotional and community support.
Business Times: As they received, they now give
Education is a force for good and a cause that Trina Liang-Lin and Edmund Lin are passionate about supporting.Education has been pivotal in both their lives, paving stones to their successful careers. Ms Liang-Lin, 47, is the managing director of investment research consulting firm Templebridge Investments, and married to Mr Lin, 49, partner and founding member of Bain & Company’s Singapore office.
4 Critical Educational Gaps for Disadvantaged Children & Youth in Singapore
While abilities and talents are distributed equally across the population, access to educational resources is often not. Children from low-income families are the ones who pay the price. Without the right educational opportunities, they underperform in school and end up with lower-paying jobs. Studies show that students from low-income families are more than four times as likely to be low performers than their affluent peers. (OECD, 2016) Without intervention, this cycle of income inequality will persist.The growing special needs community is also in need of our urgent attention. One key area that we highlight is the need for integration with mainstream students. There needs to be greater awareness about creating better school and work opportunities for this community while preparing them to function independently as adults.
Meet Singapore’s newer philanthropic foundations: They give millions, seeking to spark social change
Self-made businessman Lew Chee Beng, 73, is giving away a substantial part of his fortune through a foundation. Since he founded the Lew Foundation in 2015, it has donated more than $12 million to charitable causes. Mr Yeo Puay Hin, the foundation’s executive director and Mr Lew’s son-in-law, said of his father-in-law: “He came from humble beginnings, so it’s about gratitude – to give back to society and helping those who are disadvantaged.” The Lew Foundation was the 16th-largest philanthropic foundation here, giving out $2.8 million in donations in 2019, according to a recent report on the largest foundations here. Mr Lew, who has four children, built his wealth from a range of businesses, such as Soon Huat Goldsmith and pawnshop chain Shing Heng Group. The foundation’s main focus is to help the vulnerable elderly and young people, and it does so through supporting healthcare and social services serving these two groups. For example, it is supporting about five nursing homes, fulfilling Mr Lew’s late mother’s wish of setting up a nursing home.The Lew Foundation is one of the newer foundations listed in a recent report by Soristic Impact Collective, a consultancy, that shed light on the largest philanthropic foundations here in terms of expenditure. The research found that foundations set up by some of Singapore’s richest men are among the top 10 biggest givers out of the 91 foundations here. The Lee Foundation, founded by the late rubber tycoon Lee Kong Chian in 1952, topped the list, disbursing $52 million in donations in its latest financial year.
Karim Family Foundation: Donor-Advised Fund Raises $200,000 to Support Local Sports Champion Loh Kean Yew
In December 2021, 24-year-old Loh Kean Yew became the first Singaporean to win the Badminton World Federation World Championships in Huelva, Spain.With his unyielding fighting spirit and humble personality, Loh took the spotlight and became a sporting legend. Loh’s commitment to his sports attracted the attention of many – including those around the world and region.
Philanthropic donations jumped 96%, Low Tuck Kwong Foundation the largest giver
A foundation named after Singapore-born coal tycoon Low Tuck Kwong is the top private giver in a list of Singapore’s 10 biggest philanthropic organisations in terms of donations given.The Low Tuck Kwong Foundation, set up in December 2022, gave $127.6 million in 2023 to educational and healthcare causes.
Healing and hope for migrant workers
Our decade-long partnership with HealthServe has helped Singapore’s only medical charity for migrant workers bring healthcare, mental health support and social assistance to this underserved community. CFS is commemorating 15 years of giving and this story is one of a three-part series that highlights the strong relationships CFS has fostered with charities over the years. Like many migrant workers, Shah* came to Singapore to provide a better life for his family in Bangladesh. But soon after he arrived, he was struck with inflammatory bowel disease, causing gastric issues, skin problems and chest pain. All this came on top of the devastating diagnosis of his father’s cancer and his wife’s stomach ulcers.
Heart Of Goodness: The Vocal Prowess Of Stefanie Yuen Thio
She stands out for her irreverence. Her saucy humour. Her no-holds-barred views on a gamut of issues from cryptocurrencies to shady KTV business owners. However, right now, flanked by vibrant Pop Art in her living room and two energetic dogs, Stefanie Yuen Thio is in “pensive mode”. In fact, she is downright disturbed.As part of the Singapore Together Alliance for Action (AfA) to tackle types of online harm, the corporate lawyer has just come from a discussion about the growing harassment women face. “It’s not just sexual grooming and revenge porn,” she says. “Women, more than men, face a higher incidence of gender-based abuse on the internet such as cyberstalking, trolling and violent threats, and teenage girls are even more vulnerable.
Leaving a Legacy for Future Generations
Legacy giving is a powerful way to inspire and enable future generations to create a better Singapore. By including a donation to charity in your financial and estate plans, you can ensure that the causes and communities you cherish continue to thrive. A recent survey showed that more than 60% of respondents would leave a legacy gift to help others in the community, but only 20% of respondents knew how to make a legacy gift. We hope this article helps demystify legacy giving.What can you give?
The Community Foundation of Singapore Ushers in a New Era of Philanthropy
The Community Foundation of Singapore (CFS) enters a new era with the appointment of Mr Paul Tan as Chief Executive Officer, effective 1 April 2025. This marks a significant leadership transition for Singapore’s most established community foundation, as outgoing CEO Ms Catherine Loh steps down after 13 years of dedicated stewardship.Paul joined CFS in August 2024 as Chief of Staff for Strategic Planning and Finance, bringing with him years of public sector and media industry experience, including leadership roles at the Singapore Tourism Board and National Arts Council. He holds a PhD from Nanyang Technological University and has served on various government and philanthropic committees. Prior to joining CFS full-time, Paul also served on its Programmes and Grants sub-committee.
Our Annual Report 2023 is now available for download
We are excited to share the release of the Community Foundation of Singapore’s (CFS) Annual Report for 2023.With the overarching theme of ‘Creating a Better Tomorrow Together’, the report highlights the work done to inspire and facilitate strategic giving to benefit our local community. We showcase the enhancements we have made to our service offerings, governance standards, and operational efficiencies over the past year. It stands as a testament to CFS’s unwavering commitment to proactively identify and address emerging community needs, and our experience and expertise that enables us to drive tangible impact.
A Celebration of Growth, Gratitude and New Beginnings: CFS’s Annual Chinese New Year Appreciation Luncheon
On 7 February 2025, the Community Foundation of Singapore (CFS) welcomed over 200 donors, charity partners, and friends to our Annual Chinese New Year Appreciation Luncheon at Paradox Singapore Merchant Court Hotel.As we celebrated the festive season, we also reflected on the impact we’ve made together - thanks to the generosity and commitment of our community.
