SINGAPORE - Buy a stamp and fund the Singapore Olympic Foundation.

Singapore Post is issuing limited edition stamps featuring Joseph Schooling, Singapore's first Olympic gold medallist, and athletes of Team Singapore who competed in the 2016 Olympic Games.

The net proceeds, or a minimum of $10,000, will be contributed to the Singapore Olympic Foundation.

Schooling beat defending champion Michael Phelps in the 100m butterfly in a record-breaking time of 50.39sec on Aug 12 at the 2016 Olympic Games in Rio de Janeiro.

Teammate Quah Zheng Wen made it to the semi-finals of the 100m and the 200m fly.

Twenty-five athletes competed at the Olympics in seven sports, including athletics, shooting, sailing, table tennis, badminton and rowing.

The Team Singapore MyStamp sheet, priced at $20, includes 22 stamps with a total stamp face value of $6.60. All 25 national athletes are seen in action on them.

A second MyStamp sheet is SingPost's first Olympic Gold issue.

This sheet, priced at $10, features six stamps with photographs of Schooling's gold medal swim and victory ceremony. The total face value of the stamps is $2.40.

SingPost is also selling both sheets as a set at $25.

Mr Woo Keng Leong, CEO of postal services, said: "With these stamps, every Singaporean can own a piece of this milestone. Most importantly, these stamps demonstrate our support of Singapore's talented athletes and their pursuit of sporting excellence at the highest levels."

The MyStamp sheets will be available at all post offices and the Singapore Philatelic Museum from Aug 29. They may also be purchased online at www.stampdelight.com. Pre-orders will be accepted from Aug 22.

SingPost also celebrated Singapore's Olympic win with a commemorative postmark design.

The postmarks are imprinted on most stamped letter mail from Aug 16 to 31.