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DONOR-ADVISED FUND

Catherine Loh posing for a photo

Giving from strength to strength

In the Community Foundation of Singapore’s (CFS) first year of operation, few individuals wanted to talk to us about philanthropy. Thanks to a founding group of seven donors in 2008 who placed their faith in us, we started to see growth.As CFS commemorates its 10th anniversary, we are delighted to witness how our carefully cultivated seeds to enable philanthropy have borne fruit. Earlier this month, the Straits Times published an article More wealthy donors setting up private charity funds highlighting the encouraging trends amongst private donors in Singapore and featuring two of our donors here and here.

Ms Trina Liang-Lin on a couch posing for a photo

The Straits Times – Fund marks 20 years of marriage for couple

About six months before Ms Trina Liang-Lin’s 20th wedding anniversary on June 2016, she mulled over how to make the occasion meaningful.“My husband and I did not want just another party,” said Ms Liang-Lin, 47, managing director of investment research consulting firm Templebridge Investments.
She is married to Mr Ed Lin, 49, partner and director of the Singapore office of Bain & Company, a global management consultancy.

Photo of many levels of HDB corridors

The Straits Times – More wealthy donors setting up private charity funds

More wealthy people are setting up private charity funds through which they can give away their riches, according to a foundation that helps such individuals set up the funds.The Community Foundation of Singapore (CFS) said it has seen the number of individual donors rise from seven in 2008 to 97 this year. Each of the funds must have at least $200,000.

Mr Govind Bommi posing infront of the camera advocating for giving back to the community with elderly people in the back

The Straits Times – PR gives back by boosting senior welfare

After 20 years in this country, which he now calls home and where he was able to start and grow a successful business in water filtration, Mr Govind Bommi thought it was time to give back.He called his lawyer in 2015, and said he wanted to start his own charity fund.

a group of people standing next to a horse

Apex Harmony Lodge – Empowering dementia patients to live well

Is dementia an inevitable part of ageing? Can nothing can be done to change its course?Dementia patients are oft-times negatively perceived as ‘senile’ or ‘confused’, with little measures taken to empower patients to maintain an active mind. If their symptoms are ‘generalised’, this may lead to care that negates the patient’s individualised needs.

CFS CEO Catherine Loh giving a speech

Charting your legacy

I think we can all agree every individual has something unique to give back and offer to society. And yet, when thinking about legacy, how often do we realise that every action we take, however large or small, is actually creating our legacy? Perhaps some of us believe legacy giving is only for wealthier individuals, or that legacy giving can only be defined in financial terms.It’s important to realise legacy is much more than just financial in nature. Your legacy also includes your personal or business values, the values you have inculcated in your children. It encompasses the giving of your time, expertise and even your resources to empower someone in need. Think about creating a legacy as living a life of generosity, in ways that make meaningful social impact while aligning to your values.

a group of people sitting in chairs

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.

four people standing together posing for a picture

Singapore Tatler: CRIB X CFS Legacy Building And Impact Series

Investors and like-minded philanthropists invited by CRIB and the Community Foundation of Singapore gathered at Grand Park Orchard for a panel discussion on November 1, where father-daughter duos Richard and Rebecca Eu, and Keith and Sharon Chua shared their insights and personal anecdotes towards charity and legacy building. The event culminated in a cocktail session as guests indulged in canapés and drinks at the bar, over conversations with old friends and new. Read more. 

four teenagers helping to clean a dirty wall

The Straits Times: The ST Guide To… giving to charity

For those with fatter wallets and who hope to create a greater impact with their gift, they can even consider setting up a charitable fund to give to causes close to their hearts.For example, the Community Foundation of Singapore (CFS), a non-profit group, helps donors find a more structured and sustainable way of giving by providing advice and managing their charitable fund.

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