SINGAPORE – More wealthy people are setting up charitable funds that give at least six-figure sums to their chosen causes.There were 143 donor-advised funds set up with the Community Foundation of Singapore (CFS), disbursing $20.2 million to charitable causes in the non-profit organisation’s financial year that ended in March.
An accomplished violinist, conductor and impresario, Goh Soon Tioe was one of the greatest pioneers of Western classical music in post war Singapore and among the country’s earliest music teachers.A prodigious student of Spanish classical guitarist Andres Segovia, Goh taught a generation of musicians who went on to become established figures in Singapore’s music scene. Some of them include household names such as singer-songwriter Dick Lee, and National University of Singapore’s (NUS) Concert Orchestra Music Director, Lim Soon Lee
As many as 80 percent of ITE students come from low-income families and are receiving bursaries from the government. Kintan Teo is one of them. Her family of four survived on just $800 a month before COVID-19 struck. Her mother, the sole breadwinner, was working as a cleaner.When Kintan’s mother lost her job in April, the family had to use whatever meagre savings they had to get by. While Kintan’s mother sold baked and cooked food to generate some income, her earnings were still insufficient to cover their utilities and other bills. Kintan, a Business Studies student at ITE, tried working part-time to supplement the family income but gave it up after a few months. She had to work four to five days a week for up to seven hours daily as a team leader at a chicken wing restaurant.
SINGAPORE – Singaporeans have stepped up to help those in need and those most affected by the Covid-19 pandemic.From January to May this year, $90 million was donated to the Community Chest, the Community Foundation of Singapore’s Sayang Sayang Fund which was set up in February, and through online donation platform Giving.sg.
Michelle: Let’s start with CFS and the work that it does. How does it support charities and why did the Community Foundation of Singapore (CFS) start the Sayang Sayang Fund?Catherine: The Community Foundation of Singapore is also a charity. We were founded in 2008, and our main objective is to inspire philanthropy in Singapore. We do that by helping donors achieve a greater impact with their giving in communities through charitable funds. Donors can establish their own funds or if they wish, they could support one of the Community Impact Funds that we’ve started up.
Photo credit: Bettr GroupWhen Zaza’s only daughter was diagnosed with schizoaffective disorder, Zaza felt lost and powerless to decide the fate of her child. Coupled with the ongoing process of a divorce, her situation grew more desperate, plunging her into depression and hopelessness. She had a diploma in pre-school education, and had to reject offers to further her studies due to her circumstances. It was desperation that kept the single mother going; it was all she could do to keep her head above water and not succumb to the overwhelming pressure.
In less than one week, the Fund received $450,000 in donations and pledges of about $900,000The Fund aims to raise $3 million by end of April
A four-week ‘circuit breaker’ is the latest challenge to hit Singapore, as a pre-emptive strategy to curb the spread of COVID-19. As students transition to over three weeks of learning at home, about 7,000 children will miss access to food they would normally get in school, compounding difficulties in continuing their education at home.As mentioned in Parliament by Deputy Prime Minister and Minister for Finance, Mr Heng Swee Keat on 7 April 2020, CFS today bolstered efforts to generate support for the Sayang Sayang Fund (SSF). Donations to this fund will complement the work of local public health, non-profit and government entities with emergency support.
We have been overwhelmed by the generous show of support for our community-driven Sayang Sayang Fund; from private individual and corporate donors who donated to the fund directly or set up their own fund-raising pages, we have far surpassed our initial target.We have given out transportation vouchers to hospitals and polyclinics and are now looking to support vulnerable communities especially impacted by COVID-19’s precautionary measures.
It is seldom that we honour the accomplishments of women who give their all without asking anything in return, whose humanitarianism managed to achieve great success against all odds.International Women’s Day is one such day of reflection and remembrance of the efforts of women all around the world, both past and present. It looks back on the struggles of women from the past like Rosa Parks, the ‘first lady of civil rights’, who strove for an equal and fairer society to empower the women of the future.
