Stories Of Impact
Stories Of Impact
IFPAS Renews Partnership with CFS, Commits $200,000 to IFPAS Love Fund
John Doe
September 16, 2024
In celebration of their 55th Anniversary, the Insurance and Financial Practitioners Association of Singapore (IFPAS) extended their commitment to the Community Foundation of Singapore (CFS) by pledging an additional $200,000 over the next five years to their donor-advised fund (DAF), named the ‘IFPAS Love Fund’.
At the handshake ceremony between CFS and IFPAS, IFPAS President, Mr Ng Eng Beow, expressed his gratitude and vision for the partnership. He said, “Insurance is rooted in love. Love motivates us to protect ourselves and our loved ones. The IFPAS Love Fund was established seven years ago to channel our love to the wider community, and CFS has been our trusted partner in reaching out to those who need our help and support. We appreciate this collaboration, and we are excited for the future possibilities.”
IFPAS Love Fund was established in 2017 with the goal to enhance the organisation’s philanthropic efforts and create a sustainable platform for giving back to the community. To date, the fund has surpassed its initial target, disbursing a total of $225,000 towards programmes supporting children with special needs, disadvantaged communities, and healthcare initiatives.
Charities supported by the fund included SHINE Children and Youth Services, Dyslexia Association of Singapore, Special Needs Trust Company, the National Kidney Foundation, SPD, Down Syndrome Association (Singapore) as well as Daughters of Tomorrow.
We are very grateful for the support of IFPAS over the past seven years. Through their generosity, many individuals have received subsidised dialysis treatment, children from lower-income families have benefited from literacy programmes, and people with disabilities have received work integration support. IFPAS has truly made a significant impact on the lives of those in need.
Ms Catherine Loh, CEO of CFS
We extend our heartfelt congratulations to IFPAS on 55 years of remarkable service. We look forward to continuing our partnership and working together to create a more caring and resilient society.
CFS offers personalised advice to help private and corporate donors achieve their philanthropic goals. Discover how you can begin your journey with us here: https://cf.org.sg/donors/how-we-assist-donors/.
- Related Topics For You: ACCESSING QUALITY EDUCATION, DONOR STORIES, DONOR-ADVISED FUND, INCLUSIVITY & INTEGRATION, PROMOTING HEALTHCARE
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