DONOR-ADVISED FUND

Empowering Her Dream: International Women’s Forum Singapore Aids Young Fashion Designer’s Success

Denise Yeo was juggling two part-time jobs while studying full-time for a degree in Fashion Design & Textiles at LASALLE College of the Arts. So, she was overjoyed when she received an education grant from the International Women’s Forum Singapore (IWF). “The money meant I could divert more time to my studies,” says the 23-year-old student.Funding her degree has been a struggle. Her father is disabled in both legs and cannot work. Her mother works in a restaurant and Denise’s elder sister, who looks after their father, had to take out a loan from her Central Provident Fund savings to help Denise pay for her tuition fees.

a group of people moving a pile of rubble

Helping Earthquake Victims in Türkiye and Syria: Ways to Donate

The earthquake that struck Türkiye and Syria on 6 February 2023 has become one of the top 10 deadliest earthquakes ever. Over 41,0001 people have been killed (as of 15 February), a death toll the United Nations expects will eventually exceed 50,0002. The 7.8 magnitude earthquake occurred near the border of the two countries. Since then, more than 2,000 aftershocks have pummelled the devastated region.The widespread damage to buildings and infrastructure has left millions of people without homes, access to clean water, and basic necessities. The disaster has also led to countless casualties and injuries. First responders from all over the world are working tirelessly to save lives. However, with each passing day, the focus is turning from search and rescue to helping the survivors in desperate need of aid.

A photo of individuals wearing face masks, posing together for a group picture

Accessing Quality Education: A Boost for the Last Leg

As a follow-up to our last story, we now take a look at children as the next generation, and how we can empower them through philanthropy to be further educated.Education is the great equaliser, as the old adage goes. Coined by American public education pioneer Horace Mann in 1848, education was seen as the tool for the disadvantaged to basically find better jobs and lift themselves out of poverty. For the last almost 200 years, that has remained largely true.

Our Annual Report 2022 is now available for download

We are proud to announce that the Community Foundation of Singapore (CFS) Annual Report 2022 has been published.Download your copy here to learn more about the year’s highlights and our impact on the community.

a bridge over water with buildings in the background

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 giving in Singapore.Family offices are entities which typically manage assets for or on behalf of a family. And Singapore – well-regulated, transparent and politically stable – is rapidly becoming the region’s preferred choice for family offices. In 2020 alone, approximately 200 single family offices were set up here, doubling the total count. As wealth grows, charitable giving is likely to keep climbing.

More philanthropy funds focusing on climate change needed: Reports

To support green causes and efforts to further climate action, Mr David Heng, chief executive of a private equity fund, set up the Mind the Gap 200 – Sustainable Earth fund in 2019.It is part of a project Mr Heng, who is in his 50s, undertook with nine friends and the Community Foundation of Singapore.

a person wearing a cap and a person with a red dress

‘I thought I couldn’t go through any more of it’: Cancer patient gets help after insurer says ‘no’ to $33k bill

Good Samaritans have stepped forward to help a cancer patient, who hopes to spend more quality time with her 15-year-old daughter while keeping the disease at bay.The drug that Ms Koh Ee Miang, 45, needs to control the spread of her cancer is expensive, and her insurance company has refused to pay for it – leaving her with an outstanding bill of more than $33,000 for treatment carried out between November and January.

a group of people sitting at a table with a group of children

4 Critical Educational Gaps for Disadvantaged Children & Youth in Singapore

While abilities and talents are distributed equally across the population, access to educational resources is often not. Children from low-income families are the ones who pay the price. Without the right educational opportunities, they underperform in school and end up with lower-paying jobs. Studies show that students from low-income families are more than four times as likely to be low performers than their affluent peers. (OECD, 2016) Without intervention, this cycle of income inequality will persist.The growing special needs community is also in need of our urgent attention. One key area that we highlight is the need for integration with mainstream students. There needs to be greater awareness about creating better school and work opportunities for this community while preparing them to function independently as adults.

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Bank of Singapore partners Community Foundation of Singapore to provide clients with philanthropy services

Bank of Singapore, the private banking subsidiary of OCBC Bank, has partnered with non-profit organisation Community Foundation of Singapore (CFS) to provide its clients with philanthropic services.With this partnership, CFS will work with the bank’s clients to translate their interests, values and goals into philanthropic strategies that meet giving goals of the clients and match the needs of the local community. To develop these strategic giving plans, CFS will use insights from its Charities and Grants team and consult its philanthropy advisors.

Law firm Rajah & Tann donates $225k to ST School Pocket Money Fund and Dementia Singapore

Law firm Rajah & Tann (R&T) has contributed $225,000 to The Straits Times School Pocket Money Fund (STSPMF).The donation was part of the firm’s 45th anniversary celebration on Thursday (May 5) at the Ritz-Carlton, Millenia Singapore, where it also gave $225,000 to charity Dementia Singapore.