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ACCESSING QUALITY EDUCATION

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Giving through the generations

Increasingly, individuals and family businesses are consciously looking at ways to create positive social impact through philanthropy – but in today’s world, what does creating a legacy mean from divergent perspectives, from individuals to families, from parent to child?Last November, the CRIB x CFS Legacy and Impact cocktail event brought two prominent families, with extensive histories of giving, together with philanthropists and social capital investors to reflect upon these questions.

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The Tabung Project – Saving together for a better future

Launched in 2013, the Tabung Project is a simple yet inventive micro-savings programme by the Healthy Start Child Development Centre (HSCDC), a childcare centre by Beyond Social Services serving children from disadvantaged backgrounds.With generous support from a donor through the Community Foundation of Singapore (CFS), families who take part in the Tabung Project are encouraged to save in an innovative way. The idea is simple: every child brings home a tabung (“savings bank” in Malay) where family members and even the child are encouraged to contribute. Each month, Tabung Counting Days are conducted, and each child’s savings is then poured into a community savings pool.

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Four ways to give back through the arts

To put things into perspective: giving to the arts means more than just supporting a company’s artistic endeavours – support for the arts helps build a more inclusive society and brings benefits to the community in many ways.Many of Singapore’s artists, art companies and institutions are passionate about social causes, and make it part of their mission to give back through the work they do. These efforts often go beyond cultivating art appreciation, to include efforts to reach out to the less privileged, nurture the young and bring the joy of the arts to a wider audience.

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KidsExcel – Leaving no child behind

At a time when after school tuition and enrichment programmes have become the new norm, children from less affluent backgrounds are increasingly disadvantaged by their inability to afford these lessons. This creates an educational landscape that places each child at different starting points by virtue of their socio-economic backgrounds.KidsExcel is a values-driven, academic and sports enrichment programme that aims to support schools and parents in providing a holistic education for kids. Its mission is to provide a holistic, well-rounded programme that develops healthy minds, healthy bodies and strong character, using sports and academic enrichment to nurture the physical, intellectual and social skills of children.

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The Business Times: Collective action to meet community needs sustainably

As companies today find themselves caught between the dilemma of limited resources and the compelling desire to create social impact, it is increasingly apparent that the key lies in collective solutions.Challenges facing our society are ever-changing and usually stem from multiple root causes. Therefore, systemic solutions for such issues need collective knowledge, resources and will.

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EDIS Cares Fund – Helping disadvantaged young children reach their full potential

EDIS (Economic Development Innovations Singapore) is an international economic development company that provides strategic advice to other countries by leveraging on its experience in Singapore. Innate to its business is the need for a long-term, strategic view, flexibility and a nimble attitude, which it also applies to its Corporate Social Responsibility (CSR) efforts.Its CSR initiative EDIS Cares creates opportunities for disadvantaged children in Singapore by helping them to reach their full potential. From the onset, EDIS Cares adopted a non-traditional CSR model – looking to understand the basic needs of beneficiaries, co-run programmes with community partners and recruit volunteers from outside the company.

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TODAY – Successful philanthropy: Doing good takes more than just giving

By Richard HartungBeyond just managing your money to meet your needs, donating to support good causes can benefit you and the broader community. The key to successful giving, though, is choosing the right causes and giving the right amounts. Increasingly, there are a host of tools and resources to help you decide.

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The Business Times – Educational giving vital in breaking poverty cycle: Ng Chee Meng

“Education is a strong driver of social mobility and is critical to breaking the poverty cycle between generations, a point that was made by Minister for Education (Schools) Ng Chee Meng at the sixth annual global Credit Suisse philanthropists forum on Thursday.This, as educational giving could enable the next generation to improve many aspects of their lives, be it health or income, he said.

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