CEO Catherine Loh goes on Money FM 89.3 to speak about the donor-advised funds.Elliott Danker: Funds such as DAFs are especially needed during the current COVID-19 pandemic because that’s where you have more people in need. Many charities have shared that donations have been falling.
Michelle: Let’s start with CFS and the work that it does. How does it support charities and why did the Community Foundation of Singapore (CFS) start the Sayang Sayang Fund?Catherine: The Community Foundation of Singapore is also a charity. We were founded in 2008, and our main objective is to inspire philanthropy in Singapore. We do that by helping donors achieve a greater impact with their giving in communities through charitable funds. Donors can establish their own funds or if they wish, they could support one of the Community Impact Funds that we’ve started up.
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