LinkedIn posts by the late Mr Adrian Tan have recently been compiled and published as a book, titled “If I were King of Singapore”.All proceeds from the book will go to the Adrian Tan Memorial Fund, which is set up by Mrs Adrian Tan and managed by the Community Foundation of Singapore (CFS).
Over two years, the number of Donor-Advised Funds (DAFs) managed by the Community Foundation of Singapore (CFS) has increased from 162 to 235, and total donations received since inception has risen from $192 million to $311 million. As of 31 December 2023, CFS has disbursed over $169 million in grants, a big jump from the $114 million disbursed as of 31 March 2021.Speaking to Zaobao, CEO Ms Catherine Loh, shared that one reason for the significant increase in donations was due to a few large donations exceeding $10 million over the past three years. She also highlighted the introduction of Legacy Giving by CFS, and the organisation’s efforts to work more closely with financial and legal advisors to promote philanthropy. Notably, about 15% of CFS’s DAFs are memorial in nature, including the recently established Adrian Tan Memorial Fund in 2023.
On 14th February 2024, CFS marked its 15th Anniversary with a Chinese New Year “Lohei” (Prosperity Toss) celebration. The event was graced by Mr Alvin Tan, Minister of State for Culture, Community and Youth, and Minister of State for Trade and Industry, and gathered nearly 160 donors, charity partners, and business associates, both longstanding and new.Unveiling the Sayang Sayang Fund Report was a great way to mark our 15th year, as it displayed the power of collective impact and love for our community. Established as an emergency response fund at the start of the COVID-19 pandemic to support vulnerable groups, the Sayang Sayang Fund (SSF) impacted the lives of over 401,000 beneficiaries in Singapore. In a span of three years, an impressive $9.7 million was raised, showcasing the remarkable generosity and willingness of the community to offer their support.
The Community Foundation of Singapore (CFS) has once again proven its firm commitment to transparency and governance by clinching the prestigious Charity Transparency Award 2023. This marks the third consecutive year that CFS has been honoured with this accolade.The Charity Transparency Award, an initiative of the Charity Council, recognises organisations that have embraced and implemented exemplary transparency and governance practices. More than just recognition, it serves as a beacon for other charities to emulate and uphold similar best practices.
This initiative is part of CFS’s Donor Learning Trips, a series of engagement opportunities that enable donors to personally connect with charities and gain insights into how they support communities in need.On the afternoon of October 19, 2023, 17 of our donors visited the Singapore Association for Mental Health (SAMH) and learned about the work they do.
SG Cares Giving Week (1-7 December) celebrates the spirit of giving. This is the time to share your time, talent, treasure and voice to support causes that you are passionate about, in all ways, big and small.If you are considering making more lasting contributions that go beyond a single donation, CFS can help you transform your giving. Here are some ways in which you can make giving a sustained way of life:
Legacy giving is a powerful way to inspire and enable future generations to create a better Singapore. By including a donation to charity in your financial and estate plans, you can ensure that the causes and communities you cherish continue to thrive. A recent survey showed that more than 60% of respondents would leave a legacy gift to help others in the community, but only 20% of respondents knew how to make a legacy gift. We hope this article helps demystify legacy giving.What can you give?
What is the civic responsibility of wealthy individuals and corporations?What are the ways they can include philanthropy in their wealth management strategies to create a lasting impact on society?
Donating to a worthy cause seems easy. Many people simply give to a charity that asks, give where they gave before or talk with friends. By being more strategic with your money, though, you can make sure your donation has more impact, regardless of whether it is small or large.Strategic Giving
CFS has been awarded the COVID-19 Resilience Certificate, which recognises the contributions of organisations that played a vital role in addressing the challenges posed by COVID-19. Our CEO, Catherine Loh, received the award at the Ministry of Culture, Community and Youth (MCCY) Family National Day COVID-19 Investiture on October 10, 2023.How We Pooled Resources for Singapore
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