DONOR STORIES

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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 gi

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Why billionaires are setting up family offices in Singapore

Asia’s billionaires are getting ready to hand over to the next generation, and Singapore is benefiting from the rush to set up new or satellite family offices with an increased focus on philanthropy and impact investing.In recent months, Horizon Ventures, a private investment firm associated with Hong Kong billionaire Li Ka-shing opened an outpost in Singapore.* Oppenheimer Generations, the family office of former De Beers chairman Nicky Oppenheimer, is also in Singapore whil

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. Read Next The fund, which supports charities and programmes that address some of the United Nations’ sustainable development goals, is one of the few set u

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‘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. Read Next Hard-pressed to pay for the d

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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 i

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

(From left) Dementia Singapore’s chief executive Jason Foo, ST Singapore editor Zakir Hussain, Community Foundation of Singapore chief executive Catherine Loh, R&T managing partner Patrick Ang and R&T Foundation chairperson Rebecca Chew.Law firm Rajah & Tann (R&T) has contributed $225,000 to The Straits Times School Pocket Money Fund (STSPMF). Read Next The donation was part of the firm’s 45th anniversary celebration on Thursday (May 5) at

5 Critical gaps in caring for vulnerable seniors in Singapore

Singapore is fast reaching superaged status. Life expectancy is going up while the birth rate is heading south. By 2030 – not many years from where we are today – one in four Singaporeans will be 65 years or older. More worryingly, a fifth of that cohort will be over 80 (Population in Brief 2021). Ageing well and quality of life are huge concerns for our elderly. The biggest challenges centre on health: physical frailty or disability, sensory impairment such as hearing loss

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Here’s how you can help the people of Ukraine – Ways to donate

The Russian invasion of Ukraine is triggering what the United Nations fears could be Europe’s largest refugee crisis this century. More than 2 million people, out of a nation of 44 million, have fled to neighbouring countries since the conflict began. The human cost of the war is alarming and rising by the day. Hundreds of lives have been lost, and thousands of families have been displaced. Read Next Global charities urgently call for funds to ramp u

#MyGivingJourney X Jenny Wah: Transforming customer experiences to reignite growth

#MyGivingJourney is a series by CFS where we feature extraordinary women in Singapore and their efforts in philanthropy. In our last feature, we have one of our own – Jenny Wah, CFS’s Director of Marketing & Communications.Jenny Wah chalked up over 20 years of marketing experience at several MNC companies. She started in Key Account/Brand Marketing in the FMCG industry with brands such as Coca-Cola & Pokka. Then she spent the bulk of her marketing c

#MyGivingJourney x Trina Liang-Lin: Investing in a sustainable future

#MyGivingJourney is a series by CFS to celebrate inspiring women and their work in the philanthropy sector. We are proud to feature Trina Liang-Lin, Managing Director at Templebridge Investments and Board of Director at CFS. Trina had a back to nature, farm to table experience growing up. Right up to the late 80s, her father’s family-owned farms in Lim Chu Kang, raising chickens, ducks and cultivating vegetables. That gave her a front row seat to the benefit