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Where there’s a will, there’s a way … to give a legacy

Where there’s a will, there’s a way … to give a legacy.
(Adapted from opening remarks at a Community Foundation of Singapore-LSPBS “Legacy Giving” Webinar on 1 September 2020.)Legacy giving is one of the best kept secrets in town. For many years now, I’ve often wondered why more charities had not jumped on the bandwagon of legacy
giving. Why aren’t charities proactive in encouraging individual donors to give legacies whether via wills, CPF nominations, or even insurance policies? Examples
abound overseas. I saw firsthand one such stellar example of a pro bono law firm utilizing this modality of legacy giving during our Law Society “Lawyers Go
Global” mission trip to Sydney in 2018.

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

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

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

A video conference with a central participant surrounded by a group of people engaged in a virtual meeting.

Lien Ber Luen on legacy giving and the Lien Shih Sheng Foundation

Lien Shih Sheng, a decorated public servant, an editor and author of famous literary works such as ‘Letters from the Coast’ and ‘For the New Youth’, was a firm believer in education as a social leveler, as well as an advocate of arts and social causes. To continue his distinguished legacy, his grandson Lien Ber Luen set up the Lien Shih Sheng Foundation with CFS to provide assistance to financially disadvantaged students in the form of scholarships and bursaries.Hear what Mr Lien has to say about legacy giving in his radio interview with 96.3FM:

A call for collaborative giving: Join hands to make a difference. Together, let's create positive change through collective generosity. #CollaborativeGiving

A Call for Collaborative Giving: Scaling Greater Heights with Seniors

The third Colabs publication explores how we as individuals and as a society can help our senior citizens live more happily in our community, against the backdrop of an aging population. The collective insights of 98 participants identified various issues such as the generational gap and lack of purpose. In collaborative discussions on the way forward, one key point was to involve seniors from the very beginning, to improve their ownership and adoption of the solutions. Read more here. 

The three-year national Legacy Giving Initiative aims to make planned gifts more common and frequent as another avenue for Singaporeans to make their giving meaningful.

National Legacy Giving initiative to inspire philanthropic culture in Singapore

Private philanthropy has an important role to play in providing much needed support for the community. The Community Foundation of Singapore (CFS) kicks off this initiative today with “A Greater Gift” campaign, to boost awareness and drive conversations for legacy giving and its value to the community.According to a Social Pulse Survey 1, there is a disconnect between awareness and action when it comes to legacy giving. While the majority of respondents (83%) flagged awareness on what legacy giving is, only 33 per cent is considering legacy as a means of giving, but only 3 per cent would take action.

cfs receives prestigious Friends of Community Care Awards 2020, recognizing their outstanding contributions to the community.

CFS wins inaugural award for contributions to the community care sector

The Community Foundation of Singapore (CFS) is one of twelve organisations selected to receive the inaugural Friends of Community Care Award 2020.Launched by the Agency of Integrated Care (AIC), the award honours organisations outside of the community care sector who have contributed to the community care sector.

Three people posing with a check from Aleta Planet, expressing joy.

Aleta Planet Foundation: Supporting children and elderly in the fight against COVID-19

To help bolster the combined efforts in combating the adverse effects of the COVID-19 pandemic within our community, fast growing fintech company Aleta Planet has donated $100,000 to the Mediacorp Enable Fund, a community fund administered by SG Enable.The proceeds are part of an initial larger commitment of $200,000, and will go towards supporting the elderly who have to work despite their frailties and children with disabilities, as well as those from low income families.

A diverse group of children and adults, all wearing masks, gather together in a united display of safety and responsibility.

The CDA top-up programme: Giving support to pre-school children from low-income families

Pre-schools are especially essential in providing a solid foundation for children to get an education, and to also build confidence and impart social skills, which will stay with them for life. As such, The Community Foundation of Singapore (CFS) is partnering with EtonHouse Community Fund (ECF) and the Ministry of Education (MOE) on a Child Development Account (CDA) top-up programme which will benefit around 1,300 pre-schoolers from low-income families this year.This programme is facilitated by the inter-agency taskforce Uplifting Pupils in Life and Inspiring Families (UPLIFT) to provide eligible pre-schoolers with $500 this year and up to a cap of $1,500 over the next three years, with the government providing dollar-for-dollar matching contributions for the top-ups.

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