More wealthy people are setting up private charity funds through which they can give away their riches, according to a foundation that helps such individuals set up the funds.The Community Foundation of Singapore (CFS) said it has seen the number of individual donors rise from seven in 2008 to 97 this year. Each of the funds must have at least $200,000.
After 20 years in this country, which he now calls home and where he was able to start and grow a successful business in water filtration, Mr Govind Bommi thought it was time to give back.He called his lawyer in 2015, and said he wanted to start his own charity fund.
CEO Catherine Loh was featured in the National Arts Council’s latest issue of The Art of Giving offering her insights on encouraging giving to the arts.
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.
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.
The CFS Annual Report 2017 has just been published. This year’s Annual Report sums up CFS’s effective work with donors and charity partners for the year as we continue to impact diverse communities. Download your copy here.
纳丹教育提升基金”惠及人数及拨出金额多年来稳定增长，今年还为南洋理工学院社工系的学生增设助学金。该基金是已故前总统纳丹在2011年9月19日推出回忆录《万想不到的征程——当上总统之路》时设立的，目的是帮助家庭经济有困难的学生获得良好教育。
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.
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.]
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