
Lianhe Zaobao: More companies and individuals seeking professionals to manage their charitable funds
新加坡社区基金会成立10年来,设立或管理的慈善基金从2008年的两 个增至今年2月的110个,而基金会筹获的善款也已达1亿元,发放的 款项达6000万元,惠及的慈善团体多达400个。Song Huichun
♡ Support Lower-Income Families! ♡ Donate to Collective for a Stronger Society and get 1-for-1 dollar matching.
新加坡社区基金会成立10年来,设立或管理的慈善基金从2008年的两 个增至今年2月的110个,而基金会筹获的善款也已达1亿元,发放的 款项达6000万元,惠及的慈善团体多达400个。Song Huichun
Launched in 2013, the Tabung Project is a simple yet inventive micro-savings programme by the Healthy Start Child Development Centre (HSCDC), a childcare centre by Beyond Social Services serving children from disadvantaged backgrounds.With generous support from a donor through the Community Foundation of Singapore (CFS), families who take part in the Tabung Project are encouraged to save in an innovative way. The idea is simple: every child brings home a tabung (“savings bank” in Malay) where family members and even the child are encouraged to contribute. Each month, Tabung Counting Days are conducted, and each child’s savings is then poured into a community savings pool.
To put things into perspective: giving to the arts means more than just supporting a company’s artistic endeavours – support for the arts helps build a more inclusive society and brings benefits to the community in many ways.Many of Singapore’s artists, art companies and institutions are passionate about social causes, and make it part of their mission to give back through the work they do. These efforts often go beyond cultivating art appreciation, to include efforts to reach out to the less privileged, nurture the young and bring the joy of the arts to a wider audience.
The LEAD Academy was set up in 2014 as a collaboration between CampVision, UBS Singapore and the Community Foundation of Singapore (CFS) to impact marginalised youths in neighbourhood schools.LEAD provides a platform that partners youths with professional volunteers to develop self-leadership abilities and cultivate effective communication skills. The aim is to empower youths to be an effective leader of their peers and a positive influence on others. This unique programme puts youths on a shared journey of equals guided by executive leadership coaches who create an engaging and transformational learning experience for them and their mentors.
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.
At a time when after school tuition and enrichment programmes have become the new norm, children from less affluent backgrounds are increasingly disadvantaged by their inability to afford these lessons. This creates an educational landscape that places each child at different starting points by virtue of their socio-economic backgrounds.KidsExcel is a values-driven, academic and sports enrichment programme that aims to support schools and parents in providing a holistic education for kids. Its mission is to provide a holistic, well-rounded programme that develops healthy minds, healthy bodies and strong character, using sports and academic enrichment to nurture the physical, intellectual and social skills of children.
While more companies are heeding the call to give back to the community, selecting a worthy cause and monitoring the use of donations may be a complex task. That’s where the Community Foundation of Singapore (CFS) comes in. It helps corporations develop a long-term philanthropy strategy, find suitable charity partners, and track the outcome of donations.“We help donors go beyond what they can do on their own, and identify charity partners who can provide accountability,” says Catherine Loh, CEO of CFS.
As companies today find themselves caught between the dilemma of limited resources and the compelling desire to create social impact, it is increasingly apparent that the key lies in collective solutions.Challenges facing our society are ever-changing and usually stem from multiple root causes. Therefore, systemic solutions for such issues need collective knowledge, resources and will.
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.
By Richard HartungBeyond just managing your money to meet your needs, donating to support good causes can benefit you and the broader community. The key to successful giving, though, is choosing the right causes and giving the right amounts. Increasingly, there are a host of tools and resources to help you decide.