The Singapore Children’s Society has raised a record S$3.22 million through two of its fund-raising initiatives.
The 1000 Enterprises programme that was launched in 2009, encourages companies to adopt the Children’s Society by pledging an annual donation, while the 1000 Philanthropists programme launched last year, encourages individuals to contribute S$1,000 a year to the society.
So far, the new programme has attracted 430 philanthropists. Deputy Prime Minister Teo Chee Hean, who is also patron of the two charity programmes, presented certificates of appointments to those picked as ambassadors to the fund-raising initiatives on Wednesday (Mar 11).
He also took the opportunity to highlight the various measures under this year’s Budget aimed at helping companies ease cost pressures.
These include deferring this year’s round of levy increases for most sectors, except for work permit holder levies in the manufacturing and construction sectors and measures aimed at encouraging philanthropy.
Mr Teo, who is also the Coordinating Minister for National Security and Minister for Home Affairs, said: “As this year is SG50, the Budget also contains something special for generous persons like you who give to charity.
“To encourage more charitable giving this year as we celebrate SG50, donors will get a tax deduction of 300 per cent the amount you donate in 2015. I hope this will encourage more of you to make larger donations this year.”
He also said there are opportunities for the younger generation. “Sometimes, they are unable to make use of those opportunities because of some unfortunate incidents. Therefore, the work of the Singapore Children’s Society actually helps these children to make full use of the opportunities that they have.”
Mr Teo said the society helps by providing them with that parallel complementary support, so that they can make full use of the education opportunities. “They grow up with good values, good guidance and are able to be good citizens of Singapore, contributing back to society in their own ways.”