ADVISOR STORIES

Donations to CFS increased by 60% over the past two years新加坡社区基金会两年多善款增六成

Over two years, the number of Donor-Advised Funds (DAFs) managed by the Community Foundation of Singapore (CFS) has increased from 162 to 235, and total donations received since inception has risen from $192 million to $311 million. As of 31 December 2023, CFS has disbursed over $169 million in grants, a big jump from the $114 million disbursed as of 31 March 2021. Speaking to Zaobao, CEO Ms Catherine Loh, shared that one reason for the significant increase in donations was due to a few large

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 co

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How Family Offices Could Shape Philanthropy

Singapore has a long history of family philanthropy. The first family foundations were established after World War II and they donated generously to alleviate poverty, care for the vulnerable and build schools and hospitals. Today, there are over 400 foundations and trusts registered with the Commissioner of Charities but families that institutionalized big-ticket giving early on – such as the Lee Foundation and the Lien Foundation – continue to dominate philanthropic gi

Make An Impact Beyond Your Lifetime

This article first appeared on CFS’s Legacy Giving Website. To find out more about Legacy Giving, please click here. As a legal advisor on wills and trusts, I enjoy helping my clients make an impact beyond their lifetime. With legacy giving, one plans to make a gift to benefit future generations. It’s never too early to start planning, and it’s never too early to start giving. Francis Goh encourages his clients to think of their Last Will and

Structure Your Giving To Create A Greater Impact

This article first appeared on CFS’s Legacy Giving Website. To find out more about Legacy Giving, please click here. As part of the wealth structuring process, I often engage my clients in conversations around the meaning and purpose of one’s wealth. In the wake of COVID-19 pandemic, there has been an uptick in interest in giving, and in particular, legacy giving, a structured approach towards creating a positive change. Angie Han believes this

Helping Clients Grow Their Giving

This article first appeared on CFS’s Legacy Giving Website. To find out more about Legacy Giving, please click here. People like to give and I think people like to be effective as well [and] see the direct result, the impact of their giving. Freaderic Tan Legacy giving enables you to make a difference beyond your lifetime. In support of CFS’ campaign for “A Greater Gift”, IPG Howden has partnered CFS to inspire individuals to incl

Following His Calling In Planned Giving

This article first appeared on CFS’s Legacy Giving Website. To find out more about Legacy Giving, please click here. As a trainer at the Insurance and Financial Practitioners Association of Singapore (IFPAS), I found my calling in the field of estate planning and planned giving. Giving is a good intention; planning is a wise action; and planned giving ensures you can leave a legacy and take care of your loved ones. Do you need to wait until you ar

Sparking Powerful Conversations Around Giving

This article first appeared on CFS’s Legacy Giving Website. To find out more about Legacy Giving, please click here. As a partner at Pinsent Masons, I advise families and individuals. Legal innovations, growing wealth, and changing norms have allowed asset and succession planning to evolve in very interesting ways. I think one of the most impactful ways to do so is to leave a legacy gift to your favourite cause. Start a conversation, because askin