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INCLUSIVITY & INTEGRATION

IFPAS Renews Partnership with CFS, Commits $200,000 to IFPAS Love Fund

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.”

Set up during the covid-19 pandemic, Sayang Sayang Fund raised $9.7m over three years, supporting over 400,000 lives

Established in 2020 as an emergency response fund during the covid-19 pandemic, the Sayang Sayang Fund (SSF) raised $9,700,000 in three years, supporting over 276 organisations and touching over 401,000 lives.According to the Sayang Sayang Fund report published on CFS’s website, the fund disbursed $6,542,000 (67% of donations) in 2020, $2,060,000 (21% of donations) in between 2021-2022, and $1,11,900 (12% of donations) in 2023.

National Awards COVID-19 Investee: Celebrating outstanding achievements during the pandemic.

CFS Receives National Award – COVID-19 Resilience Certificate

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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Empowering Her Dream: International Women’s Forum Singapore Aids Young Fashion Designer’s Success

Denise Yeo was juggling two part-time jobs while studying full-time for a degree in Fashion Design & Textiles at LASALLE College of the Arts. So, she was overjoyed when she received an education grant from the International Women’s Forum Singapore (IWF). “The money meant I could divert more time to my studies,” says the 23-year-old student.Funding her degree has been a struggle. Her father is disabled in both legs and cannot work. Her mother works in a restaurant and Denise’s elder sister, who looks after their father, had to take out a loan from her Central Provident Fund savings to help Denise pay for her tuition fees.

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How philanthropy can help tackle gender-based online harms

Technology and the Internet have made our lives better in many ways. But they are also facilitating an alarming increase in online abuse, particularly of young women. There is upskirting, where the perpetrator takes intrusive photos or videos up someone’s skirt without their permission. There is revenge porn, where explicit photos or videos of a person are posted on the Internet, typically by a former sexual partner.With the ubiquity of social media, there is flaming (insulting someone with offensive language), doxxing (revealing private information), and cyberstalking. And on encrypted direct messaging platforms, victims are being threatened with violence. As actress Ashley Judd noted in a powerful TEDTalk in 2016, the online abuse of women has spiralled out of control (Judd, 2016).

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How much does a Singapore household need for a basic standard of living?

In a study of household budgets by Dr Ng Kok Hoe (Lee Kuan Yew School of Public Policy), A/P Teo Youyenn (Nanyang Technological University), Dr Neo Yu Wei (National University of Singapore), Dr Ad Maulod (Duke-NUS), Dr Stephanie Chok and Wong Yee Lok (LKYSPP), a basic standard of living means “…more than just, housing, food, and clothing. It is about having opportunities to education, employment, and work-life balance, as well as access to healthcare. It enables a sense of belonging, respect, security, and independence. It also includes choices to participate in social activities, and the freedom to engage in one’s cultural and religious practices.”To date, a total of two household budget studies were conducted using the Minimum Income Standards (MIS) as a research method for establishing the incomes needed for a basic standard of living in Singapore. In 2019 the study[1] targeted seniors and in 2021 the study[2] extended this work to the needs of households. The results helped to establish a living wage level, a wage that allows people to afford a decent standard of living and embodies the values and principles that the public identifies with across a range of domains.

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Homeless during the pandemic: how our Sayang Sayang Fund responded with agility

When Singapore locked down during the pandemic, homelessness became a visible, urgent issue. Cross-border commuters and people that had lost their housing due to irregular income or family conflict joined the rough sleepers who scrape by on the margins of our society.But with any crisis, there is an opportunity to make things better. In this instance, the authorities and social service organisations moved quickly, joining forces to provide temporary shelters. “The rapid expansion of overnight shelter capacity – from around 60 places at the start of 2020 to a peak of 920 during the circuit breaker – was a considerable feat and evidence of what can be achieved with bureaucratic will and an active civil society,” notes a new study called Seeking shelter: Homeless during the COVID-19 pandemic in Singapore.

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4 Critical Educational Gaps for Disadvantaged Children & Youth in Singapore

While abilities and talents are distributed equally across the population, access to educational resources is often not. Children from low-income families are the ones who pay the price. Without the right educational opportunities, they underperform in school and end up with lower-paying jobs. Studies show that students from low-income families are more than four times as likely to be low performers than their affluent peers. (OECD, 2016) Without intervention, this cycle of income inequality will persist.The growing special needs community is also in need of our urgent attention. One key area that we highlight is the need for integration with mainstream students. There needs to be greater awareness about creating better school and work opportunities for this community while preparing them to function independently as adults.

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