Philanthropists are usually associated with million-dollar cheques.
But under a new fundraising initiative, a donation of $1,000 a year will make you a philanthropist too.
The Singapore Children’s Society launched the 1000 Philanthropists – or 1000P – programme on Tuesday.
It aims to make philanthropy accessible to people from all walks of life.
The Singapore Children’s Society hopes to get more than 1,000 individuals to each donate at least $1,000 annually for either a one-year, three-year or five-year period.
Its target is to raise $3 million annually to fund new centres and programmes.
So far it has garnered the support of 140 philanthropists since its soft launch in February, raising about $400,000.
Mr Koh Choon Hui, chairman of Singapore Children’s Society, said: “The 1000 Philanthropists programme (aims) to encourage philanthropic giving by entrepreneurs and individuals who want to give back to society to help the needy become more socially mobile.
“We hope 1000P will inspire many people out there to reach out in any way they can to improve the lives of children under our care and embark on their philanthropic journey with us.”
Mr Teo Chee Hean, Deputy Prime Minister, Coordinating Minister for National Security and Minister for Home Affairs, is the Patron of 1000P.