Govt sets aside $250 million for matching grants to national fund-raising movement
The Government has set aside $250 million to match donations to the social services sector dollar-for-dollar this year, said Prime Minister Lee Hsien Loong on Friday.
The funds will go to the Care and Share movement, a national drive launched last October to encourage donations and volunteerism in the run-up to the Republic's 50th anniversary celebrations in 2015.
The total target figure will be $500 million - half from the public, half from the Government.
The money will be used for building the capabilities of some 250 voluntary welfare organisations (VWOs), such as funding new programmes and facilities, and training staff.