wavy line banner

AGEING WELL

Previous Page
A man seated on a stool against a vibrant wall, exuding a lively ambiance.

The Straits Times: The new philanthropists in town

by Theresa Tan, 26 June 2016There is also a growing number of donors who have started charitable funds parked under groups like the Community Foundation of Singapore and the SymAsia Foundation. Both charities manage their donors’ funds and disburse them to each donor’s chosen causes, thus saving the donors the cost and effort of starting their own foundation. A sum of at least $200,000 is required to set up a charitable fund with the Community Foundation, and 82 funds have been formed since it was set up in 2008.

Bright moon illuminating serene city park.

The Funding Network (TFN)

The Funding Network (TFN) is an innovative, inspiring and rewarding way for donors to make a real, positive difference to the community. The programme offers charitable organisations the opportunity to pitch their cause to a group or corporation to secure crowdfunding and mentoring as well as expand their donor base and network. TFN makes it possible for individuals, foundations and corporations to give collectively in increments starting from S$50, with an aim to raise at least S$10,000 for the non-profit. Here are some projects TFN successfully supported: 

Group of elderly sitting around a round table

Family of Wisdom – Caring for persons with dementia and their caregivers

Dementia is a chronic disorder of the mental processes caused by brain disease or injury. The estimated number of persons living with dementia in Singapore was 45,000 in 2015. This number is projected to increase to 103,000 by 2030.*The Alzheimer’s Disease Association (ADA) provides personalised daycare for persons with dementia, and offers support to their caregivers. With a long waiting list for dementia day care, the ADA came up with an initiative called Family of Wisdom (FOW) to address the need.

Show More
Scroll to Top