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STORIES OF IMPACT

CFS CEO Catherine Loh giving a speech

Charting your legacy

I think we can all agree every individual has something unique to give back and offer to society. And yet, when thinking about legacy, how often do we realise that every action we take, however large or small, is actually creating our legacy? Perhaps some of us believe legacy giving is only for wealthier individuals, or that legacy giving can only be defined in financial terms.It’s important to realise legacy is much more than just financial in nature. Your legacy also includes your personal or business values, the values you have inculcated in your children. It encompasses the giving of your time, expertise and even your resources to empower someone in need. Think about creating a legacy as living a life of generosity, in ways that make meaningful social impact while aligning to your values.

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Giving through the generations

Increasingly, individuals and family businesses are consciously looking at ways to create positive social impact through philanthropy – but in today’s world, what does creating a legacy mean from divergent perspectives, from individuals to families, from parent to child?Last November, the CRIB x CFS Legacy and Impact cocktail event brought two prominent families, with extensive histories of giving, together with philanthropists and social capital investors to reflect upon these questions.

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The Tabung Project – Saving together for a better future

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.

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Four ways to give back through the arts

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.

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LEAD Academy – Empowering youths to lead and influence

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.

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The Straits Times: The ST Guide To… giving to charity

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.

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BLLNR: How to donate time and money to a charity effectively

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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KidsExcel – Leaving no child behind

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.

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The Peak Singapore: How responsible businesses can make their philanthropic dollars travel further

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.

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