DONOR-ADVISED FUND Archives

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.

portrait of a woman wearing a traditional dress

BLLNR: How to donate time and money to a charity effectively

While the notion of giving is indeed widespread, it isn’t easy to commit to help those in need when you find yourself caught up in today’s ever-changing environment.The Community Foundation of Singapore (CFS) is one such organisation that facilitates this line of work by bridging donors with causes of interest to develop programmes and provide grants to enrich lives. It values the 3 C’s to make giving better: connect donors with respective causes, collaborate with charities and commit to managing donor funds.]

a man holding a microphone publishing his book

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.

Lianhe Zaobao: CFS has helped donors set up more than 80 funds in the past 8 years

胡洁梅 14 November 2016从资助年长者活动的基金，到帮助工艺教育学院学生的“纳丹教育提升基金”，新加坡社会基金会协助设立的基金从八年前的七个，蓬勃发展至目前的80多个，支持各类公益项目。

The Straits Times: Legacy of giving lives on

In his final year as president, Mr S R Nathan – together with a few of his close friends – started discussing with me the idea of starting a philanthropic fund to help “uplift” children from poor families.Coinciding with the launch of Mr Nathan’s memoir An Unexpected Journey: Path To The Presidency in 2011, the S R Nathan Education Upliftment Fund was established to provide financial support to disadvantaged young people by helping them complete their education.

S R Nathan Education Upliftment Fund – Providing students with the needed leg-up

Growing up in a poor family, the late former President of Singapore Mr S R Nathan knew what it was like to struggle with school and making ends meet.In his teens, he dropped out of school, ran away from home and tried to eke out a living amidst troubled times. While working, he continued his education and was eventually awarded a bursary that enabled him to graduate with a Diploma in Social Studies from then University of Malaya.

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.

Wheelchair-bound individuals enjoying a day at the zoo

Outing for Seniors Community Impact Fund – Bringing seniors out to improve their well-being

Social interaction is critical, especially in one’s later years, as it generates a sense of belonging and well-being. The Outing for Seniors Community Impact Fund was started by Mr and Mrs William Bird in 2009 to enable seniors with medical conditions or mobility challenges to enjoy being out and hopefully reduce their sense of social isolation.

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