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a two page write up regarding Collective Pilantrophy

Social Space issue 8: Collective philanthropy – the strength of giving together

By Rob John
“Giving to charity has never been a solitary activity in any culture. People have joined together to give for millennia. In Asia, clan associations, religious groups or just friends have enjoyed the benefits of giving as a group. But there appears to be a renaissance of collective giving with the advent of more organised, strategic and outcome-focused philanthropy. At the Asia Centre for Social Entrepreneurship and Philanthropy (ACSEP) where I am presently based, our research team’s curiosity about giving circles was first piqued when investigating the nature of innovation in Asian philanthropy in 2012. In that study, we reported several initiatives where individuals pooled their resources and jointly selected a non-profit organisation to fund. Since then, the number and variety of giving circle models have increased across the region, leading me to believe that giving circles will contribute significantly to the development of philanthropy in Asia over the coming decade.”Read more about ‘Collective Philanthropy, the Strength of Giving Together’ on Pg 19 of Issue 8 of Social Space.

picture of sr nathan with 4 students

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.

picture of sr nathan with 4 students

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.

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Teach a man to fish — and pay for the rod too

We have all heard the popular proverb, “give a man a fish and you feed him for a day; teach a man to fish and you feed him for a lifetime”. Everyone agrees, but few pay for the fishing rod.Successful businesses invest in skills, people and infrastructure. In the same vein, donors need to fund these areas for charities to deliver social impact.

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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.

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Coutts million dollar donor report 2015

The Coutts Million Dollar Report produced in association with the Community Foundation of Singapore tracks trends in donations of $1 million and above made by individuals, foundations and corporations in Singapore and around the world. The findings of the 2015 report provide valuable insight into major giving over the course of 2014. While the combined figures did not match those of the previous year, the overall message of major philanthropy remains a positive one, with education being a popular recipient of donations across the world. In addition to presenting and analysing the findings, the report also includes case studies of million dollar donors including our Board member Keith Chua.

A group of musicians passionately performing on stage, captivating the audience with their melodious tunes.

Celebrating the journey home through music

In celebration of Singapore’s Golden Jubilee, the Community Foundation of Singapore, in collaboration with donor Kris Tan of the Kris Foundation, brought five young Singaporean musicians together in a concert that explores what it means to belong. The concert, which was staged on 26 July 2015 at the Victoria Concert Hall, featured a new work by local composer Phang Kok Jun, specially commissioned for SG50. It also played a selection of compositions by Samuel Barber, Tan Dun and Antonín Dvorák.

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